The Government of India has eased Foreign Direct Investment (FDI) norms in pharma, aviation and defence sectors at a high-level meeting chaired by the Prime Minister Mr Narendra Modi, earlier today. Under the new norms, 74% FDI would be allowed in the pharmaceutical sector under the automatic route....
Blogs by Kochhar & Co
The Indian Government approved the country’s first National Civil Aviation Policy (“New Policy”) yesterday (15 th June, 2016). This update provides a brief summary of the major proposals that are to be implemented under the Policy. 1. 5/20 Rule Abolished Per the erstwhile rule created in 2004 (which...
Background During the Indian Prime Minister’s visit to Singapore in November 2015, three (3) Memorandums of Understanding (MoU) were signed between India and Singapore. The MoU covered cooperation between the two countries in the fields of civil aviation, capacity building as well consulting and adv...
Introduction The Competition Commission of India (‘ CCI ’), has recently issued the Competition Commission of India (Competition Assessment of Legislations and Bills) Guidelines, 2015 (‘ Guidelines ’) [1] . The Guidelines will come into effect on 1 January 2016. This article intends to provide a bri...
The Competition Commission of India ( “CCI” ) has revised the Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Regulations, 2011 ( Combination Regulations ), making them more forward looking, in keeping with some of the best practices in o...