SKP Investment Chronicle 2015
Over the past decade, strategic and financial investments in India have been growing steadily. We have seen a consistent performance of deals throughout 2015 as compared to 2014, which was volatile amongst quarters. India has witnessed higher equity investments which surpassed previous levels and increased volumes of mergers and acquisitions. In 2016, we expect deal-making to accelerate with changes in the country's regulatory framework such as the Strategic Debt Restructuring scheme, the proposed Insolvency and Bankruptcy Code, liberalised FDI thresholds, relaxed sectoral reforms and the much-awaited Goods and Services Tax.
In this report, we analyse the deal-making landscape keeping in mind the deal type, domestic and cross-border regions looking at greater investments, and hot and emerging sectors. The report also includes SKP’s insights on recent developments that may impact transactions going forward.
Financier Worldwide - March 2016
India’s New Year resolution: welcoming investments and de-cluttering taxation
While global economic growth remains sluggish, India has been witnessing impressive growth backed by strong domestic demand, ongoing policy reforms and low oil prices. According to the World Bank’s latest India Development Update, India has become the world’s fastest growing large economy. It expects growth to accelerate to 7.5% in 2015-16, followed by a further acceleration over the next two years. In this article, we look at the measures that India has recently introduced to improve foreign direct investment into the country and look at what the upcoming Goods and Services Tax will mean for overseas businesses operating in India.
Breakbulk Magazine Issue 1 - 2016
Not-so-free flow: Politics stall India's common tax bill
It was vaunted as an administrative measure that would promote exports, create jobs, boost growth, and save India USD 15 billion every year. But the country’s proposed Goods and Services Tax, or GST, has suffered a major setback. In this article, we discuss the impact of GST on logistics and cargo movement in India and how an integrated market under GST would be beneficial.
The FCPA Blog
Is your next compliance problem at a toll booth in Delhi?
With the new traffic regulations to reduce pollution, Delhi's toll collection agencies have been allowing vehicles into the capital at a fixed fee but haven't issued receipts. We examine the possible implications this may have on Green Tax and other aspects of the toll collection process.
The Medical Device Industry in India
The Indian medical device sector, valued at USD 4.9 billion, is relatively small but has seen unprecedented growth in the last few years. Growing at a CAGR of 17% over the last five years, the sector is expected to continue witnessing double-digit growth with a CAGR of 15% in the coming decade.
This report analyses the changing dynamics and environment of the industry, its impact on various players and the opportunities that are likely to arise in the coming years.
Nexia Global Insight January 2016
India’s new FDI norms to boost investment
In this article, we discuss the Indian government’s amendments to the foreign direct investment (FDI) policy in November 2015 which are aimed at further improving the investment environment.
The FCPA Blog
Will Wal-Mart change India?
Of the four BRIC nations, Brazil, Russia, and China have each, to varying degrees, made important strides of late in enacting major anti-corruption reforms. However, when will India step up?
Emerging Challenges in Digital Forensics
With increasing technological penetration, we also see increased instances of frauds using technology. While a number of software tools for conducting investigations and gathering technology-oriented evidence have emerged, challenges still remain. In this article, we look at some of these challenges.
SKP Insights - 28 December 2015
Anti-money laundering compliance: Enhanced internal controls for foreign exchange remittance transactions
India’s anti-money laundering (AML) compliance requirements for financial institutions are guided by the Prevention of Money Laundering Act, 2002 and the Reserve Bank of India’s (RBI) Master Circular on AML standards. In the wake of recent incidents of reported money laundering investigations, it is pertinent to examine the internal controls related to foreign exchange (forex) remittance/receipts that could enhance identification, prevention and reporting of potential money laundering incidents through the banking channel.
SKP Insights - 28 December 2015
Six reforms that can change the way money laundering is handled
Money laundering is a means and an end to many other financial crimes in the world. With countries improving their regulatory standards and reporting protocols for suspicious activity, and growing inter-governmental cooperation, financial institutions are faced with an increased need to enhance their internal compliance systems and processes. In this article, we examine the key reforms that can help in enhancing compliance at the industry level.