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India's Press Note 3 Overhaul: From Restriction To Strategic Recalibration
The Indian government recently approved a significant amendment to the country’s Foreign Direct Investment (FDI) framework, specifically targeting investments in which the ultimate beneficial ownership traces back to countries sharing a land border with India (LBCs). The formal implementing notification was issued by the Department for Promotion of Industry and Internal Trade (DPIIT) in Press Note 2 (2026 Series) on March 15, 2026 (PN2), amending the extant FDI Policy.
India Government
Fox & Mandal
Article
Voluntary Quarterly Business Updates By Listed Companies: Transparency Tool Or Regulatory Tripwire?
An increasing number of Indian listed companies have begun issuing voluntary quarterly business updates on the BSE and NSE platforms, usually within the first few weeks after the close of a quarter and well in advance of the publication of formal financial results. Although no specific provision of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“LODR Regulations”) requires such announcements.
India Commercial
CP
Corporate Professionals
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