Articles and Updates

• Sawant Singh -

The 2012-13 Union Budget presented by India’s finance minister, Pranab Mukherjee, was eagerly anticipated by the global investment community as an opportunity for the government to shake off negative perceptions of policy paralysis by outlining a definitive road map signalling its commitment to sustained growth and creation of a conducive investment climate. This column outlines key budget proposals of interest to foreign stakeholders in the Indian economy.

• Sawant Singh -

Effective management of working capital is critical to any business enterprise. By receiving funds advanced against invoices, factoring enables a business to free up capital without the need to offer any collateral. Factors also provide other value-added services, such as managing collection of invoices and credit rating of customers, thereby enabling clients to focus on their core activity.

• Siddharth Hariani -

To describe 2011 as a forgettable year for the life insurance segment of the insurance industry would be an understatement. The run-up to 2010 saw the life insurance segment piggyback successfully on unit-linked insurance plans (ULIPs) so as to achieve a robust growth of 40-50%.

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India is a retailer’s dream due to its large upwardly mobile population and impressive growth rate. With the domestic retail sector projected to grow exponentially in the coming years, India has consistently been rated as one of the most desirable destinations for global retailers across an array of surveys and market reports.

• Siddharth Hariani -

The year 2011 has witnessed a dramatic overhaul of the regulations governing the acquisition and takeover of listed companies. While a dampened capital market has left players with a lot to desire in terms of suitable opportunities to test the provisions of the revised Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations (takeover code) of 2011, as the year drew to an end the Securities Appellate Tribunal (SAT) has gone on to give market players and SEBI some addit