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Rise of India and its significant contribution in the global economy is headline news. The policy makers are constantly improving and modifying the policies in order to bring in larger Foreign Direct Investments (‘FDI’). Till 2006 FDI in retail trading was under a prohibitive list.

Infrastructure projects are massive projects involving players who are required to prove their mettle before contracts can be actually awarded to them. The government decides the extent of private participation and chooses the contractor based on prescribed set of guidelines. However, the “Swiss Challenge Method”...

Banks generate a substantial amount of their income from the interest received upon the loans and advances provided to companies and individuals. As a consequence of the shrinking liquidity in the market and the current recessionary environment, more and more companies and individuals are unable...

Human beings have, over the years, indulged in activities that have severely impacted the environment. Burning of fossil fuels and deforestation has led to a high concentration of carbon dioxide (“CO2”) in the atmosphere.

On December 3, 2008 the High Court of Mumbai pronounced the highly anticipated judgment of Vodafone International Holdings B.V. vs. Union of India. In this case, the Income Tax department issued a show-cause notice to the UK based Vodafone for not paying capital gains tax,...