This category contains 9 posts

Opening Retail – Brand by Brand

The New Year has kick-started with good news on economic policy. On January 10, the government notified its earlier decision of permitting 100% foreign direct investment (FDI) in single-brand product retail trading. But attached to this permission are conditions that are bound to present implementation challenges and include a two-step application process that can be unnecessarily … Continue reading


When Mark Twain coined the phrase, “time cools, time clarifies; no mood can be maintained quite unaltered through the course of hours”, he probably overlooked the entire political class and their obstinacy to hold firm on decisions, especially in their opposition to matters. Last week, most foreign investors, policy pundits and economists were lauding the … Continue reading

Getting direct with foreign investors

As someone who has constantly written about further liberalising the Foreign Direct Investment (FDI) regime in India, my wait for the bi-annual consolidated FDI policy (Policy) is akin to the eagerness with which Harry Potter fans waited for the next novel from the Rowling stable. As a legal practitioner, one often notes that a lot … Continue reading

Easing FDI rules will enhance trade

The year 2010 will be remembered across India for multiple reasons and notable among them is India’s newly-assumed position as a key international trading partner. When the US President acknowledges India’s rise as a global power and declares that India has emerged, not just in Asia, but across the world, people all around take note. In such circumstances, it … Continue reading

Easing FDI norms for existing ventures

Praise, like sunlight, helps all things to grow.” Hence, much praise is due for the recent initiatives of the department of industrial policy and promotion (DIPP), functioning under the commerce ministry. In keeping with its promise to ease, and further liberalise, the foreign direct investment (FDI) regime in India, the DIPP has issued a series … Continue reading