June 30, 2011
A consensus has emerged in the government to permit foreign direct investment (FDI) in multi-brand retailing.
The Ministries of agriculture and food processing and the Planning Commission have suggested FDI up to 100 per cent in this sector, where other ministries have suggested smaller caps and sought more suggestions from industry.
The inter-ministerial group of inflation headed by Kaushik Basu, who is the chief economic advisor in the finance ministry, has recommended that FDI in multi-brand retail should be permitted, as it could be one of the key steps to help reduce rising prices and cut the margin between farms and retail prices.
To read the full article, please click here.
June 29, 2011
Proportionate Liability – still causing insurance havoc
|By Ray Giblett and Scott Laycock of Gadens Lawyers, Sydney
It is now several years since the commencement of proportionate liability in New South Wales yet it continues to wreak havoc in the allocation and management of risk in a variety of contexts. This is particularly so in the context of construction projects where parties routinely contract out of proportionate liability in an attempt to avoid a multiplicity of claims arising when something goes wrong. read more…
June 22, 2011
Indian Economy: the Investor’s paradise
India is a booming economy which has seeing an exceptional growth in its aviation segment in last couple of decades. Counter to demands of aviation segment in the country the existing aviation infrastructure and the carrier’s technology needs serious up gradation. As there are ample of opportunities for growth of this sector therefore, venous domestic and international aviations giants are seeing India as paradise for investment in the Aerospace technology and development.
To see the full article, please click on the following link, Investment opp 220611 for the PDF.
June 15, 2011
Today’s the big day! The International Lawyers Network is unveiling our new content-driven website at https://www.ilntoday.com. We gave our member firms a sneak peek at last week’s 23rd Annual Conference, and this week we’re revealing it to you!
The redesigned site embodies the latest technology to best serve the growing needs of ILN members and their clients, and provides a variety of benefits, including:
June 8, 2011
Pharmaceutical companies can no longer rely on copyright litigation tactics to prevent generic medicines entering the market
By Alexia Marinos of Gadens Lawyers, Sydney
Australian consumers, doctors, pharmacists, health professionals and generic suppliers of medicine are set to benefit as originating pharmaceutical companies can no longer use copyright of product information to delay or prevent generic medicines entering into the market. read more…
June 6, 2011
Mathematical and Moral Gymnastics: Government releases Natural Disaster Insurance Review Issues Paper
By Greg Moss of Gadens Lawyers, Sydney
The Natural Disaster Insurance Review panel (the review panel) released its eagerly awaited issues paper late last week, entitled Natural Disaster Insurance Review – Inquiry into flood insurance and related matters (the paper). The paper seeks to address the availability and affordability of insurance offered by the private insurance market in the aftermath of recent storms and flooding in Queensland and Victoria. read more…
May 31, 2011
Levelling the not-for-profit playing field
By Arthur Koumoukelis and Jon Cheung of Gadens Lawyers, Sydney
In a speech to the National Press Club on 27 May 2011, Assistant Treasurer Bill Shorten released a consultation paper entitled ‘Better targeting of not-for-profit tax concessions’. The consultation paper marks the first stage of the reforms announced in the 2011 Federal Budget. Social enterprises, charities and not-for profit (NFP) organisations with significant income-generating activities will need to consider how these reforms may impact their ability to continue such activities in a sustainable and tax-effective manner. read more…
May 23, 2011
To learn more about doing business in India, please see the attached Destination India – 2010.