Squire Patton Boggs (LexBlog India)

In September 2023, select leaders participating in the G20 Summit announced plans to develop the India-Middle East-Europe Economic Corridor (IMEC). The project aims to develop two integrated corridors – one connecting India to the Arabian Gulf, and one connecting the Arabian Gulf to Europe – with new ship-to-rail transit networks, undersea telecommunication cables, and a...

In August 2023, India’s Digital Personal Data Protection Act (Act) received presidential assent, formalizing its first ever comprehensive and union-wide data protection law. The Act differs in many respects from a preceding version that was withdrawn in 2022, and reflects intensive discussion and revisions since then. In its final form, the Act reflects the central...

In case you missed it, below are recent posts from Privacy World covering the latest developments on data privacy, security and innovation. Please reach out to the authors if you are interested in additional information. India Welcomes Landmark Data Protection Law | Privacy World Join Us Live in Washington DC on September 19: Avoiding Litigation...

On 11 August 2023, after close to a decade since its initial conception, India’s Digital Personal Data Protection Act (Act) received presidential assent, formalising the nation’s first ever comprehensive data protection law. Definitions There are several key definitions and references adopted in the Act, as follows: Scope and Applicability The Act applies to digital personal...

This report provides a snapshot of the U.S. Executive Branch priorities via daily schedules and the prior day’s press releases. POTUS’ Schedule* 9:00 a.m. EDT – THE PRESIDENT receives the Presidential Daily Briefing 10:00 a.m. EDT – THE PRESIDENT, The First Lady, The Vice President, and The Second Gentleman greet Prime Minister Modi of the...

Status:        Clearance or No Action Acquirer:              AGS Health LLC (U.S.); AGS Health Private Limited (India) Acquired:             Mediscribes Solutions, Inc. (U.S.) Value:                   $56 million Industry Tags:    Software; Healthcare On September 21, 2021, pursuant to an August 1, 2021, Securities Purchase Agreement, AGS Health LLC, a provider of revenue cycle management...

Cross-border data privacy laws have grown much more complicated due to the implementation of so many new and amended laws in jurisdictions globally.  The US and EU are now just the tip of the iceberg. Here is an article by Allison Grande of Law360 discussing several important ones and quoting our partners Malcolm Dowden (UK)...

On April 30, 2021, the President issued another Proclamation suspending entry into the United States of nonimmigrants and noncitizens who were physically present within the Republic of India during the 14-day period preceding their attempted entry into the United States. These restrictions take effect at 12:01 am EDT on May 4, 2021 and remain in...

This report provides a snapshot of the US Executive Branch priorities via daily schedules and the prior day’s press releases. POTUS’ Schedule* 8:30 a.m. EST – The President and The Vice President meet virtually with their counterparts in the Quad: Prime Minister Narendra Modi of India, Prime Minister Scott Morrison of Australia, and Prime Minister...

Confederation of Indian Industry (CII) will host a private discussion that features our colleagues former US Representative Joseph Crowley (D-New York), former US Ambassador to India Frank G. Wisner and co-chair of the Squire Patton Boggs International Trade Practice Frank Samolis. The speakers will address forthcoming US elections/public policy, global and US-India trade issues and US-India...

The US-India Strategic Partnership Forum (USISPF) and SPM Capital Advisors will host two private industry roundtables on ‘The Evolving US India Relations‘ that feature our colleagues former US Ambassador to India Frank G. Wisner, former US Representative Joseph Crowley (D-New York), former British diplomat Matthew Kirk and the co-chairs of the Squire Patton Boggs International Trade Practice,...

Indian Premier League Over the last decade, the Indian Premier League (“IPL”), a marquee Indian cricket event and an international premier Twenty20 cricket competition, has transformed cricket into more than just a “gentleman’s game.”  The IPL, founded and organized by the Board of Control for Cricket in India (“BCCI”), is a cricketing festival that hosts...

Status:  Clearance   Acquirer:  Hindalco Industries Limited (India); Novelis Inc. (Canada) Acquired:  Aleris Corporation (US) Value:  Approx. US$2.6 Billion Industry:  Metals; Aluminum On July 26, 2018, Aleris Corporation, a US based aluminum producer, and Novelis Inc., a corporation organized under the laws of Canada and a subsidiary of Indian company Hindalco Industries Limited, entered into...

Squire Patton Boggs presents a webinar intended to de-code India’s complex employment landscape. There are a multitude of employment laws to be taken into account, some of which date back to the early part of the last century. As one of the world’s fastest-growing economies over recent years, India’s employment legislation has needed to adapt...

Status:  Clearance   Acquirer:  UPL Corporation Ltd. (India; Mauritius) Acquired:  Arysta LifeScience Inc. (US) Value:  Approximately US$4.2 Billion Industries:  Chemicals; Agrochemicals UPDATE:  On January 24, 2019, Platform Specialty Products Corporation announced “that all regulatory approvals necessary to complete the previously-announced sale of Platform’s Agricultural Solutions business,...

Status:  Likely Clearance   Acquirer:  AGC Networks Ltd. (India) Acquired:  Black Box Corporation (US) Value:  Approximately US$16.3 Million Industry:  Technology Services; Network and Data Solutions UPDATE:  On January 7, 2019, “all conditions to the Offer having been satisfied or waived,” Host Merger Sub Inc., a Delaware corporation and an indirect wholly owned subsidiary of AGC Networks...

Status:  Clearance   Acquirer:  Reliance Industries Limited (India) Acquired:  Radisys Corporation (US) Value:  Approx. US$74 Million Industry:  Telecommunications On June 29, 2018, Radisys Corporation, a US based telecom solutions provider, entered into a merger agreement with Reliance Industries Limited, a company organized and existing under the laws of India involved in hydrocarbon...

The Indian Parliament amended the Prevention of Corruption Act (“POCA”) on  July 19, 2018. This legislation marks an important step for India towards checking political graft. Below are some highlights of the changes. Widening the net Unlike its predecessor, which only prosecuted bribe-givers as abettors, the new legislation goes further by prosecuting bribe-givers as principals. Under...

What is this all about? India is proposing a new insolvency and bankruptcy code. It’s all part of the “Make In India” campaign by Narendra Modi’s government who are trying to attract businesses to India. Current law It does not appear that there has been a single separate law for bankruptcy legislation in the country’s...

A recent pharmaceutical patent case in India has highlighted the strict requirements for disclosure to the Indian Patent Office. In this case, Allergan had its patent for a combination ophthalmic therapy using Brimonidine and Timolol invalidated as failing to comply with the disclosure requirements of Section 8 of the Indian Patent Act. Section 8 requires...

British retail giant Marks & Spencer (M&S) is attaching strict anti-bribery clauses to agreements in India as the company moves ahead with its expansion plans in the country. M&S currently operates 25 stores in India through a 51:49 joint venture agreement with Reliance Retail Limited, a subsidiary of Reliance Industries.  The retail giant is also...

On August 16, 2012, the Securities and Exchange Commission filed a Complaint against Oracle Corporation for alleged FCPA violations stemming from actions by the software giant’s Indian subsidiary, and Oracle has agreed to pay $2 million to settle the matter. According to the SEC’s Complaint (which can be found here), from 2005 to 2007, certain...

The aviation industry appears to be particularly prone to bribery and corruption which can be a typical characteristic of an industry that is subject to multiple layers of regulation. This is especially true in India where bureaucracy and red tape is widely encountered by the consumer. The Business Standard reports that, on the basis of...

The Lokpal Bill, 2011 (PDF/541KB/40 pages), has today been introduced to the Lok Sabha (House of the People), the lower house of the Parliament of India. Its remit is to develop effective anti-corruption and grievance redressal systems so that an effective deterrent is created against corruption and to provide effective protection to whistleblowers. At its centre is the office...

India is no stranger to hunger strikes being used as a form of non-violent resistance. Perhaps the most famous example of this is that of Gandhi during his protest against British rule in India. More recently, as reported by The Telegraph, we see fasting being used by the Indian yoga guru, Swami Ramdev, to object...

Earlier this month, the BBC reported that an Indian government appointee had resigned due to allegations of corruption.  The cynics among us would not necessarily have batted an eyelid, but what made me take particular notice on this occasion was the fact that the person in question, Shri P J Thomas, was the head of the...

At the end of last year, successful use of ‘social audits’ in India to enable citizens to ensure  public officials are applying public funds properly received media attention. By turning citizens into watchdogs at the local level, thousands of corrupt officials have been caught and information sharing is a key part of the audit process: “The results...