The “MAKE IN INDIA” scheme introduced by the Indian Prime Minister Mr. Narendra Modi in September 2014, was devised to transform India into global design and manufacturing hub. It is a campaign to facilitate investments, foster innovation, enhance skill development, protect intellectual property and build the best in class manufacturing infrastructures within the country. Sectors […]
The Insolvency and Bankruptcy Code 2016, recently passed by both the Houses of the Indian Parliament is a vital reform that will make it much easier to do business in India. Over the years, many concerns have been raised by international investors while providing financing and or investing in India. The Code hopes to provide […]
With strict regulations being implemented on schools from time to time, the Delhi schools have been saddled with another compliance to be followed before terminating services of their employees as has been clarified by the Supreme Court of India (“SC”) in its recent judgment passed in the matter of Raj Kumar vs. Director of Education […]
Call drops can be simply explained as the service provider’s ineptitude in maintaining a call between users and providing continued service once a call has been correctly established. Inadequate infrastructure, overloaded networks and fast paced expansion with poor investment by Telecom Service Providers (“TSPs”) to match the expansion are some of the reasons behind this […]
There is a growing trend for cross-border expansion, merger or acquisition among top-tier businesses as they react to an increasingly global marketplace. When these transactions happen, one of the most […]
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E-commerce and its permissiveness in India has been a long debated and sometimes controversial topic. E-commerce not only faces a lot of opposition from the brick and mortar retail lobby but also suffers from the restrictive government policy on the Foreign Direct Investment (“FDI policy”). Some relaxations were brought in last year to allow a […]
We are pleased to inform you that we are moving to larger offices in Mumbai effective 28th March 2016. Our new office address is as below: ALMT Legal 1st Floor, Free Press House 215,Free Press Journal Marg Nariman Point Mumbai, 400 021 India T: +91 22 400 10000 F: +91 22 400 10001 Email: [email protected]
The continued logjam on the effective working of the Parliament and the conflicting self-interest of political parties (at the cost of the nation) ensures that the legislature is unable to perform its key function of legislating new enactments to meet the needs of the changing times. One such important legislation awaiting enactment is the new […]
India is looked at favorably as an investment destination with its population of 1.2 billion and the world’s fourth largest economy. Yet for the first time in history we are witnessing changes and challenges never experienced before. Areas such as infrastructure, transportation technologies, healthcare and education need massive investments and improvements and these in turn […]
Pheonix focuses on highly specialized services for international companies with interest in India. It offers to its international clients a turn-key single-window cost-effective package of all services that they may need. Pheonix recently advised a European FMCG multinational with an Indian subsidiary on the indirect tax aspects of the second manufacturing facility that it proposes to […]
Pheonix India Strategy Advisors recently advised a European FMCG multinational with an Indian subsidiary on the indirect tax aspects of the second manufacturing facility that it proposes to set up in India. The study identified avenues to reduce the burden of indirect taxes on the construction contract by appx Euro 1 million. The contractor accepted the […]
India has become the fastest growing Start-Up base worldwide and stands third in the global Start-Ups ecosystem as per NASSCOM Start-Up Ecosystem Report 2015. With more Start-Up ventures taking shape, the ecosystem for establishing a successful a Start-Up is not only competitive but also tough to survive. In this scenario, novelty and innovation plays a […]