Summary: NFRA is fast becoming the new benchmark of governance for audit quality, financial reporting and audit committee oversight. This blog examines how the Corporate Laws (Amendment) Bill, 2026 proposes to strengthen NFRA’s framework, why this matters for boards, audit
Summary: The RBI has released the Draft Guidance on Regulatory Expectations for Data Governance, proposing a comprehensive enterprise-wide framework applicable across banks, NBFCs, payment banks, co-operative banks, CICs, and other regulated entities. The Draft Guidance emphasises board oversight, defined data
Summary: The Reserve Bank of India has proposed a formal framework for deployment of device-based restrictions in smartphone financing. This tool has been in operation for a while now and regulation is only just catching up. The Draft Amendments may
Summary: Indian banks are now permitted to finance acquisitions of ‘control’ over target companies, marking the most significant liberalisation of acquisition financing in India in decades. However, where the target is a listed company, the mandatory open offer obligations under
Summary: The Gujarat Government has unveiled the Viksit Gujarat Data Center Policy 2026-2029 (“Policy”), to promote hyperscale and colocation data centers in the state, marking a significant shift from its earlier incentive regime for data center projects under the IT/ITES
Summary: The blog notes that while India’s insurance framework does not prohibit broker listings, due to the absence of explicit IRDAI guidance, the insurance brokers may have limited access to public markets. While recent reforms (such as perpetual registration) address
Summary: With the Union Cabinet’s approval of India Semiconductor Mission 2.0, India has taken a step towards building an integrated semiconductor ecosystem spanning indigenous chip design, domestic manufacturing of chips, semiconductor equipment, machine and materials, research and development and talent
Summary: On June 30, 2026, SEBI released a consultation paper proposing a standardised consent mechanism and an expanded conflict-of-interest framework for Alternative Investment Funds.The AIF Regulations mandate investor consent for material decisions but are silent on methodology, resulting in inconsistent
Summary: The DPIIT has revised the Standard Operating Procedure governing the processing of FDI proposals requiring government approval, to align it with the recent changes introduced under Press Note 2 of 2026 and the NDI Amendment Rules, 2026. While the
Summary: This blog examines the regulatory framework governing Global Access Providers (GAPs) at IFSC, GIFT City, analysing SEBI’s circular of May 2025, which permits registered broker-dealers to operate within IFSC through a separate business unit and IFSCA’s revised GAP framework
