Finance Minister Nirmala Sitharaman had, in her budget speech this year, proposed to increase the FDI limit in insurance companies to 100 per cent, with an added commitment to reviewing and simplifying the conditions associated with foreign investment.
Please click here to read the full article by Partner – Sidharrth Shankar published in The Hindu Business Line.
Sidharrth specializes in General Corporate Commercial, Mergers & Acquisitions and Private Equity. He has been representing multi-national companies in cross-border transactions, advising on foreign direct investments, outbound investments, joint ventures, technology transfers, retail & franchising and commercial contract issues.