Among the various factors which have contributed to the Indian growth story, infusion of funds from foreign investors would rank near the top. To fulfil the country’s much-touted potential as an economic superpower in the years to come, regulatory focus in the recent past has been on streamlining the procedure for such inflows.
Read MoreIndia has set itself a GDP growth target of 9 percent in the 12th Five Year Plan (2012-2017). A highlight of this plan is the emphasis laid down on comprehensively addressing the persistent problem of infrastructural bottlenecks, seen as a major hindrance to Indias economic ambitions. However, the figure of USD 1 trillion, which India has committed to spend on this sector during the Plan period, seems like a distant dream in the wake of the current global economic crisis.
Read MoreIn the minds of foreign investors, doing business in India used to conjure up images of long queues, tedious paperwork and dealing with an endless bureaucratic maze. Much water has flowed under the bridge over the past decade with the Indian government’s initiatives to create an investor-friendly clime yielding rich dividends.
Read MoreForeign private equity investments have made a considerable contribution to India’s economic growth. Through their role of providing “enabling capital” – funds injected into a company at a critical juncture – private equity investors often facilitate the development of a company’s product line, finance its capital expenditure, boost its scale of operations and aid the diversification of its business activity.
Read MoreThe 1st of July this year marked a momentous occasion in the world’s fight against the menace of corruption. With the coming into effect of the Bribery Act, 2010 (“Bribery Act”), the UK Government put a bold foot forward and granted the battle against corruption its biggest shot in the arm yet. Tougher, more comprehensive and having a far wider reach than any prior anti-corruption legislation, the Bribery Act is arguably the most powerful and lethal weapon yet to be added to the ranks of the anti-corruptio
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