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Doing business in India
  • Nishith Desai Associates
  • Canada, Germany, India, Japan, Mauritius, Netherlands, Singapore, Switzerland, United Kingdom, USA
  • April 30 2015

India is the seventh largest country by area and the second-most populous country in the world. It has a large and growing middle-class with an


The Indian medical device industry - regulatory, legal and tax overview
  • Nishith Desai Associates
  • India
  • March 19 2015

The Indian medical devices sector is worth approximately USD 3 Billion and is growing at a CAGR of 15. The medical devices market in India is


Bite of the bit - the steady rise of Bilateral Investment Treaties and a proinvestor regime in the global economy
  • Nishith Desai Associates
  • Global, India
  • March 20 2015

Bilateral Investment Treaties (BITs) have gained significant prominence in an ever increasing globalized world and rising importance of that “protect


Foreign investment structure seen as a 'colorable device' and held illegal
  • Nishith Desai Associates
  • India
  • June 9 2015

Bombay High Court evaluates a downstream FDI structure to rule that investment in the holding company was a ‘sham’ structured to invest downstream by


International regulatory update - 27 31 October 2014
  • Clifford Chance LLP
  • Singapore, South Korea, United Kingdom, USA, China, European Union, Global, Hong Kong, India, Luxembourg
  • November 4 2014

The European Banking Authority (EBA) has published the results of the 2014 EU-wide stress test of 123 banks. In addition, the European Central Bank


Court rules against Vodafone in India tax case
  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • India
  • December 12 2008

Vodafone is facing a hefty tax bill on its acquisition of a majority stake in Indian wireless carrier Hutchison Essar after the Mumbai High Court decided last week to uphold US $2 billion in capital gains taxes assessed on that transaction by the Indian Income Tax Department


Top 10 lessons learned from the Vodafone, Aditya Birla and other tax cases in India
  • Pepper Hamilton LLP
  • India
  • September 29 2011

The rulings of the Bombay High Court in the famous US$2.5 billion tax assessment case against Vodafone in Vodafone v. Union of India and the rulings more recently in Aditya Birla Nuvo Limited v. DDIT and Union of India, New Cingular Wireless Services Inc. v. DDIT and Tata Industries Ltd. v. DDIT are all full of cautionary tales for foreign investors looking to buy Indian-related assets


Vodafone not liable for taxes on Essar purchase, says India Supreme Court
  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • India
  • January 27 2012

A long-running battle between British wireless giant Vodafone and India’s tax authority ended in victory for Vodafone, as India’s Supreme Court decreed that Vodafone does not owe US$4.4 billion in taxes and penalties accruing from its $10.9 billion acquisition of Hutchison Essar in 2007


Protecting your investments in foreign courtsan australian mining company secures bilateral investment treaty remedy for local court delays
  • Herbert Smith Freehills LLP
  • Australia, India
  • March 5 2012

Australian mining company White Industries Australia Limited (White) has successfully brought a claim under the Australia-India bilateral investment treaty (BIT) seeking a remedy following a nine year delay by India’s courts


Supreme Court of India's Vodafone judgment: implications for international investors
  • White & Case LLP
  • India
  • February 9 2012

On January 20, 2012, the Supreme Court of India (the “Supreme Court”) delivered a landmark judgment in Vodafone International B.V. v. Union of India & Anr