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A good FDI gatekeeper

Foreign investments in India continue to be made, either under the automatic route or the government route. Enshrined in the FDI policy issued by the ministry of commerce and industry (the policy) under the automatic route (which encompasses most sectors), no approval, either from the regulators or the government, is required. In contrast, the government … Continue reading

What are the options for RNRL?

The Supreme Court verdict on the gas dispute concerning RIL and RNRL has expectedly attracted much interest. An actual copy of the judgement is yet unavailable to me but it is clear that there were two decisions, with the CJI concurring with the decision rendered by Justice Sathasivam. The consequences of this decision are being … Continue reading

Methods of valuing share prices

On April 7, 2010, RBI issued a notification to amend the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations. The amendments, published in the Official Gazette on April 21, 2010, came into force from the date of their publication and amend inter alia the method of calculating the … Continue reading