Impetus to GCCs in India: Maharashtra releases its GCC Policy
The Government of Maharashtra has released the Maharashtra GCC Policy. The policy seeks to provide compelling benefits for new GCCs to set up shop and existing GCCs to expand operations.
Ergo Update
SEBI Proposes Alignment of LODR Timelines for Transfer of Unclaimed Amounts under LODR with the Companies Act
The Securities and Exchange Board of India (SEBI) has issued a consultation paper dated 24 October 2025 proposing amendments to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR Regulations).
Turning point: Acquisition Financing permitted by RBI for Indian banks for the first time – game changing or over cautious?
RBI has released the Reserve Bank of India (Commercial Banks - Capital Market Exposure) Directions, 2025 on 24 October 2025 (Draft Directions) with respect to bank finance for acquisition of shares in India and the scope for capital market exposures and lending by banks.
India’s telecom reform: DoT releases draft authorisation for Telecommunication Network Rules, 2025
On 9 October 2025, the Department of Telecommunications (DoT) released the draft Telecommunications (Authorisation for Telecommunication Network) Rules, 2025 (Draft Rules) for public consultation.
Proposed amendments to the IT Intermediary Rules: Battling synthetically generated information
On 22 October 2025, the Ministry of Electronics and Information Technology (MeitY) issued a draft notification proposing amendments (Draft Amendments) to the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 (IT Rules).
Employees’ Enrolment Campaign 2.0 under the EPF Scheme: Key takeaways
The Ministry of Labour and Employment has amended the Employees’ Provident Funds Scheme, 1952 (EPF Scheme) to introduce provisions concerning the Employees’ Enrolment Campaign, 2025 (2025 Campaign).
The Draft Electricity (Amendment) Bill, 2025 | Ministry of Power invites comments / objections / suggestions
In a significant step towards reforming India’s power sector, the Ministry of Power (MoP) has issued the Draft Electricity (Amendment) Bill, 2025 (Draft Bill).
Expanding foreign investment access in Indian corporate debt through special Rupee Vostro accounts
On 3 October 2025, the Reserve Bank of India (RBI) issued a landmark circular bearing reference number RBI/2025-26/90 A.P. (DIR Series) Circular No. 13 (the Circular), allowing persons resident outside India (PROI) to invest their surplus rupee balances in corporate debt securities issued by Indian companies through Special Rupee Vostro Accounts (SRVA) maintained with Authorised Dealer (AD) banks.
An indirect transfer in an offshore two-tier structure is not taxable in India – Tax Tribunal rules in eBay-Flipkart case
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) in a recent case has allowed the benefit of residuary clause under Article 13 of the India-Singapore tax treaty on capital gains arising from an indirect transfer.