The Reserve Bank of India (RBI) issued a notification on 25 April 2019 allowing foreign portfolio investment (FPI) in municipal bonds (Muni Bonds). This was followed by a notification by the Securities and Exchange Board of India on 8 May 2019 also allowing FPI in Muni Bonds.
India’s capital market regulator, the Securities and Exchange Board of India (SEBI) notified the SEBI (Infrastructure Investment Trusts) Regulations, 2014 (InvIT Regulations) and the SEBI (Real Estate Investment Trusts) Regulations, 2014 (REIT Regulations) in September 2014 with a view to increase investor participation in the infrastructure and real estate sector.
Hindustan Sanitaryware: Supreme Court verdict on the validity of the minimum wages notification issued by the Government of Haryana...
Vinay Joy is a Partner in the Corporate and Commercial practice group in the Bengaluru office. His expertise lies in advising a wide variety of clients on M&A transactions, joint ventures, private equity / venture capital transactions, due diligence exercises and contractual matters.
Arvind Baheti is an Executive Director in the Indirect Tax and Employment, Labour and Benefits (ELB) Practice group in the Kolkata office.
