• The Reliance-Aramco Deal – What it Means for Who!

    August 13, 2019 | Vijay Sambamurthi

    I woke up this morning to see the news about the Aramco-RIL deal plastered on the headlines of The Economic Times. I am still processing the implications of this mega deal in my head, but here are some of my quick thoughts on what this deal means – for RIL, for Aramco, and for India. For
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  • Majulah Singapura! Majulah Lexygen! Celebrating a DECADE of Lexygen Singapore!!!

    August 9, 2019 | Vijay Sambamurthi

    Today is Singapore National day. The inspiring Republic of Singapore celebrates 54 years of providing economic, political and social thought leadership across Asia and the world. Over these decades, despite often being dismissed by the West as “just a little red dot” – a reference to its tiny geographic size – Singapore has consistently managed
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  • Policy on FDI in E-commerce – Government shifts the goalposts

    January 16, 2019 | Vishnu Chandran

    The Department of Industrial Policy & Promotion has, through Press Note No. 2 of 2018 dated December 26, 2018 (“Press Note 2”), revised the policy relating to Foreign Direct Investment (“FDI”) in e-commerce, which could have significant ramifications to the sector. While the Press Note 2 as well as the subsequent response to the media
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  • Short term measures, long term headache?

    April 27, 2017 | Vishnu Chandran

    The Finance Act of 2017 had amended Section 10(38) of the Income Tax Act, 1961 (“IT Act”) to the effect that long term capital gains (“LTCG“) from transfer of equity shares of companies listed on stock exchanges, would be exempt from tax only if securities transaction tax (“STT”) was paid at the time of acquisition
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