India

International Trade

Rahul Patel, Rajat Sethi, Steven E. Bartz, Rachael Israel | King & Spalding LLP

The government of India has revised its policy regarding foreign direct investment (“FDI”) in Indian companies engaged in retail trade. Effective as of January 10, 2012, foreign investors will now be permitted, subject to certain conditions, to own up to 100 percent of single-brand...

Finance

Rahul Patel, John Clay Taylor, Steven E. Bartz, Christopher A. Riccardi | King & Spalding LLP

India and Mauritius are likely to begin renegotiating the current India-Mauritius Double Taxation Avoidance Agreement (the “DTAA”) in the near future. The DTAA provides for the assessment of a capital gains tax on an investor only in the country of such investor’s residence....

Manufacturing

Raymond E. Bayley | Novus Law, LLC

Editor: Since we spoke last, what types of trends are you seeing in the legal industry and how are these trends impacting the kind of work Novus Law does? Bayley: The most significant issue facing the legal industry today is the unsustainable, runaway costs of preparing documents for litigation...