Had a pleasure to call upon His Excellency Sanjeev Kohli- Ambassador of India to Serbia in Belgrade. Had varied potential discussions on Indo- Serbian Trade Partnerships.
It was indeed an honour and absolute pleasure for me to participate in the Legal Leadership Conclave 2023 organized by
@EtLegalworld
. Having the opportunity to share ideas with colleagues from the wider corporate-legal fraternity was a truly refreshing experience for me.
It is imperative that all stakeholders develop a mature and logical understanding of digital investment classes and the ecosystem that supports them. This is crucial now, as these vehicles reach a certain threshold of exposure and reach.
Articulating a effective mechanism that works to ensure true fairness and promote impactful competition, requires having a integrated, holistic and symbiotic perspective that is able to fuse in micro, macro and global realities towards creating a architecture, that is not only
I have always believed that a mature and growth-oriented economy incentivizes value creation and investment by curating a revenue pie that is pivoted around indirect taxes. India, for the longest time, ran counter to such a line of thinking. But the situation is changing.
Effective resolution of corporate debt, in most cases, calls for accurate profiling of the nature and value of the debt in question. Defined metrics are therefore imperative here.
The whole idea that a growing upper and middle-income base would lead to systemic and natural disparity is based on the rather archaic logic of having an equality of outcomes rather than opportunities, and that needs to change at the earliest.
#AUCL
#Income
#Growth
#Taxation
The practice of law is in essence, a two-way process of convergence and learning. Our interactions allow us to share ideas and insights leading to a crucible of processes and methodologies that are truly transformative. No legal professional should ever lose sight of this.
#AUCL
To achieve overarching sustenance in terms of growth, the problem of contraction in manufacturing must be addressed at the earliest through transformative structural measures that promote an expansion in both
#investment
and
#demand
.
@ThePrintIndia
#AUCL
To stay on the projected path, policymakers should not divert in any way from a growth-oriented mindset. The rest will follow itself.
#AUCL
#Growth
#policymaker
When it comes to M&As in India, there is a need for all the major stakeholders to articulate critical mechanisms that provide adequate protection, with regards to hostile takeovers. The case of Twitter & Elon Musk proves that big tech today has grown into truly unimaginable
When it comes to enabling and empowering MSMEs, Tamil Nadu is creating a point of reference that is definitely worth paying some attention to. From single-window seamless mechanisms to a climate that is hungry for investment, TN is ticking all the right
The bigger picture is clearly stacked in favour of India, with praiseful voices emerging from all those who matter. But the substantive conclusion to infer here is the fact that the difference between expectations and reality lies in execution, and it's
Problem solving, or articulating that impactful way forward, requires you to often go beyond the barometer of what's prescribed. Instead of fitting your context into an already predetermined box, why not try looking at the whole thing from a completely different perspective,
Currency exchange is critical to a company's restructuring and turnaround success. It is critical for every organisation or individual to be cautious and analytical about currency exchange legislation. It's not only about following the rules; it's about sound financial judgements
When it comes to fiscals, India has definitely performed better than most of its peers, both with respect to expenses and inflation. The debt has gone down, borrowings decreased, as highlighted in the vote-on-account, and inflows considerably strengthened, both in terms of
What makes India's growth story truly exceptional is the fact that both domestic and global demand are converging here to create a momentum that is truly harmonious and resilient. India is now emerging as both the factory and market for the world at
The removal of foreclosure charges for SME credit is a significant step in the right direction, as it provides a sense of flexibility that can be utilized by all stakeholders to create a scalable and sustainable lending system.
#AUCL
#SME
#Sustainable
When it comes to regulating M&As for any mature economy including India, antitrust regulators are expected to walk a well-defined tightrope between promoting healthy competition and ensuring long-term sustainability through impactful consolidation. To articulate that balance,
When it comes to macro expectations, what impact election-related political uncertainties and inflation-led consumption cool offs would have could be anybody's wild guess. In such a situation, proactive policymaking that focuses on the tangibles would
It is definitely amazing to see policymakers and major players in sectors like automotive and automobiles coming together to create that convergence and inspire truly transformative endeavours, under which MSMEs can not only grow but gain the recognition
The entire debate surrounding the electoral bonds issue once again reminds us of the need to articulate a fair, equitable, cohesive, and coherent framework for political financing in India, and stakeholders need to sharpen their focus on that.
#AUCL
Moving beyond numbers, it is pertinent that we pivot all our efforts towards achieving seamless momentum across all components of the entire ecosystem.
@bqprime
Instead of a broad based palette, skill based learning transforms education, positioning it as a useful aid to nurturing individual journeys of growth and success. By focussing on enhancing key abilities, skilling empower us, to not only identify our strengths, but maximise it
A victory towards resolution!
Something that all the relevant stakeholders can agree upon after the Kolkata Tribunal of NCLT passed a landmark observation stating that a breach in the settlement agreement between the operational creditor and the corporate debtor does not fall
A comprehensive carbon economy needs to be inculcated across all levels, under which targeted levies and incentives could be structured. Ad-hoc mechanisms for specific sectors and trade relationships, seem too micro in perspective.
#AUCL
#Economy
#micro
MSMEs should strap up for a growth ride like never before, with Amazon and India Post working together to create a glocal resonance that is truly transformative.
#AUCL
#MSME
To be very honest, the budget didn't have any specifics to give with regards to digital payments. But the broader signals it emitted would point to the fact that things are about to get that much more dynamic for the sector, as the focus now sharpens on innovation-driven,
By incentivizing the adoption of renewable energy, targeted credit endeavours such as those launched by
@YESBANK
would play a pivotal role in accelerating the transition to a sustainable and green economy.
#AUCL
#economy
#Sustainable
#MSMEs
No more taking undue advantage!
A clear message that the Honourable Supreme Court has sent to all the stakeholders with regards to the debt resolution framework by clearly defining the various kinds of set-offs permissible. A much-maligned loophole is finally plugged now.
When it comes to entering into a merger with a diversified conglomerate or group, every business owner should understand that this necessitates them giving up or fusing their core vision and proposition into a much broader and bigger canvas. The spotlight does get brighter, but
The global free trade landscape is increasingly becoming painted in Indian colours as we emerge as a major player in most key value conversations. From smartphones to drones, we are accelerating our footprints significantly, leading the narratives rather than merely following the
When it comes to dealing with dynamic and ever-evolving cyber-security threats, having a clear and consistent incident-response structure, is the need of the hour, for most MSMEs, especially in terms of safeguarding intellectual property.
#AUCL
#MSME
Imbalanced, unreasonable, & hastened—that's the only way one can describe the recent observations made by the Honourable Supreme Court regarding Sections 95–100 of the IBC. One can certainly understand NPA concerns, but there is a clear lack of proportion
AI is the framework around which the future economic ecosystem will evolve & function. Therefore, it is heartening to see India leading the pack in terms of AI skill penetration. We are hopeful of getting the world's largest AI native workforce, & that's
India is now owning the narrative on all things digital, and in such a context, Google's move to manufacture it's flagship 'Pixel' series of smartphones in India, isn't something truly unexpected. But what can definitely be inferred here is the fact that
Generative AI is thriving in India, powering innovation across sectors with Indian startups leading the charge. Subsequently, strong investments and growing relevance in vital sectors like healthcare, finance, etc are also driving global competition. Government support is crucial
What the telecom hardware space in India is showing to all of us is the basic and simple fact that transformative and targeted schemes like production-linked incentives tend to work when it comes to redefining the landscape and accelerating growth for sectors. We definitely need
If policymakers truly bring this move into effect, then this will truly help in speeding up overall resolution significantly, as this will give personal guarantors the freedom to look for an effective solution on their own, and that is something truly game-changing.
#AUCL
M&As can be an excellent way to avoid bankruptcy, but they're not always the most effective option. In some cases, a company may be better off filing for IBC proceedings and restructuring its debt. It's imperative to weigh the pros and cons of each option carefully before making
Our MSMEs embracing e-commerce is a positive development that has allowed significant gains through sales, profitability, and investments. It is our duty to bridge the digital divide, ensuring everyone has a fair chance to succeed in this digital world.
The rather impressive momentum in direct tax collections proves that the economy is indeed doing quite well. But that shouldn't be taken as validation of the prevalent tax strictures. There is definitely a need to relook and reform.
#AUCL
#Tax
#CBDT
A consistent and logical evaluation of IBC would tell us that it has significantly not lived up to its primary objective of enabling resolutions over liquidations. It probably has a lot to do with how it has, almost casually, been misused and
There is an old adage that basically says that good things take time to come. I wouldn't go into the merits or demerits of such an argument. All I would say is that sustained growth and success demand patience.
Yep, I agree that in today's era where everything is 'trending' it
"The longer the delay in the approval of a resolution plan, the deeper the wounds inflicted upon the company and its stakeholders." Said
@akshat_khetan
, Founder of AU Corporate Advisory and Legal Services, Mumbai.
@livemint
#AUCL
#NCLT
#Stakeholders
As India's overall footprint in the defence space expands, one can't discount the role that MSMEs have played in the articulation of truly
#AtmaNirbhar
value chains, at all levels. The startup approach that they bring to the table, actually speeds up the
There is certainly a lot of focus and hope riding on the upcoming budget, and one would hope that policymakers take the initiative and drive needed to pass through some much-needed reforms, simplify and minimise taxes, and open up our economy further. This becomes very critical
Policymakers must note the observations reached by
@NeoGrowth_Loans
as part of their study on payments digitisation and MSMEs and accelerate efforts that are designed to make the structure of the payments even more seamless.
#AUCL
#SMEs
#MSME
More broad-based, robust, and accelerated interventions are needed by the stakeholders to ensure that India emerges as the predominant focal point of the global value matrix. From auto to pharma, India is perfectly positioned now to forge and foster a growth trajectory through
A cheque bounce situation can occur for various reasons. It's necessary to note that while these cases can have severe implications, not all of them involve malicious intent. Understanding the difference requires a thorough examination of the history of transactions,
It would be prudent for all stakeholders to accept and understand the fact that challenging global headwinds are creating bottlenecks for the apparel and readymade garment sectors, and smaller players definitely need some kind of an institutional and
Reduced offset on logistics at the macro level shows the positive impact of infrastructure growth across mediums and geographies. India is articulating an integrated and seamless connectivity blueprint at both the physical and digital levels, paving the
There is a need for customs-based incentives and benefits across the board, for export-oriented sectors, especially in a time of global unpredictability. A micro-perspective will not work here.
@EconomicTimes
#AUCL
#Economics
#Customs
The very fact that India's growth momentum is beating the estimations of experts and policymakers, proves that the entire ecosystem is ready to embrace the next level of progress, through truly transformative reforms.
#AUCL
#ecosystem
#GDP
#Growth
What I anticipate from India at 2047 is a truly empowering framework that actually enables individual initiative & private enterprise to become the crucial drivers of growth for the coming decades, & I am certain that
@NTIAgov
, under the able stewardship
India is truly in the growth sweet spot right now with favourable fundamentals at both the external and internal levels. Therefore
@MorganStanley
isn't wrong in painting a macro picture that is both resilient and vibrant.
#AUCL
#Economy
#Growth
Cooperation and cooperatives in India can certainly be projected as institutions committed to value creation and profitability, going beyond the cage of unreasoned and illogical goodness. Obviously, their objectives are never just the bottom line, but recognizing that as an
It is clear now that everyone wants an in with regards to the Indian growth story, and FPIs are certainly no exception to that. India's resilience, dynamism, and stability are talking points no one can truly ignore now.
#AUCL
#FPIS
#Economy
Sometimes, straying from the dotted line is a good thing because the unexpected often holds transformative promise. Once you go beyond the formulaic, you start laying your own path, which is not only uniquely bespoke to you but also heralds the onset of something truly great and
Real estate making up a significantly larger pie of realisations under IBC proves that proactiveness in enforcing the proper norms has an effect. The same can definitely be replicated for other sectors.
#AUCL
#Economy
#Bankruptcy
One should invest in India because its growth narrative is truly
#sustainable
and equitable in the truest sense of the term. The diversity of its methodologies, pathways, and geographies makes it uniquely attractive, if not compelling.
#AUCL
#Growth
Let's move beyond expectations!
My rather succinct observations after going through the latest round of GDP projections. After all, hope must always be backed by concrete action, at least in my eyes. Can Modi 3.0 deliver?
Read here:
#AUCL
#Economy
As Musk's Tesla comes to India and China, the convergence of innovation, sustainability, and market dynamics reshapes global automotive landscapes. I expect India to show strategic foresight and adaptive strategies in onboarding the EV giant and reshape the future of mobility.
India's demographic advantage in terms of age and fertility, can only work, if it is used properly. Increasing productivity through skilling and creating a
#Ecosystem
that rewards, originality, risk taking and value creation, Therefore an imperative, that we must embrace,
India's growth trajectory is set to create waves in the capital markets. The Nifty 50 soared 22% and the Sensex gained 20% in 2023, reflecting the robust performance of equities. With the Indian economy gearing up for unprecedented growth, it's
Congratulations to the
@KKRiders
for becoming the IPL champion for the third time after defeating Sunrisers Hyderabad in what was truly a very comprehensive victory. They were composed, clinical, cool, and cerebral, and I believe that's something one definitely needs to not only
Expectations for a reform-oriented budget with a more relaxed LTCG regime for sustained equity inflows have already piqued the interest of most major players, as evidenced by the numbers mentioned. And I sincerely believe tomorrow's budget will definitely transform all that
“Approval of resolution plans by NCLT is always a welcoming move as it is a step forward in achieving the objective of IBC which is value maximisation”.- Akshat Khetan, Founder AU Corporate & Legal Advisory Services, Mumbai.
@EconomicTimes
#economictimes
#lavasa
#NCLT
With regard to budgetary reforms in customs and excise regulations, there is probably a need for a more robust and seamless implementation framework, one that doesn't always demand a legislative way forward.
#AUCL
#GST
#LokSabha
The commissioning of the advanced stealth-guided missile destroyer INS Imphal adds another glorious chapter in India's ongoing momentum towards becoming the dominant naval power in the broader Indian Ocean Region [IOR], from the straits of
Bab-el-Mandab
A growth-oriented, people-centric, and reform-heavy budget is what everyone expects policymakers to announce to the world today. Such a document will encapsulate a more concrete way forward, giving out positive cues that would give all stakeholders the impetus they need to work
Stakeholders, in general, want today's budget to forge and foster a more accelerated and aggressive growth momentum, with targeted initiatives promoting greater consumption, tax rationalisation, and empowered support for small businesses and entrepreneurs. Narrowing it down to
In my perspective, a resolution is one where the concerns of all the stakeholders are given an even keel to stand on. But, unfortunately, the observations made by the honourable Supreme Court fail to appropriately reflect that. Personal guarantor can't be
India's growing engagement with the wider world under the ambit of the G20 or other multilateral forums empowers it to stamp its own unique civilizational imprint on the overall globalisation discourse by colouring it with tones of harmony, co-existence, moderation, and
Fiscal prudence accompanied by robust investment is the perfect recipe for double-digit growth that the doctor could ever order for Indian GDP. And the best part is that we can make it all happen without much of a sweat.
#AUCL
#Growth
#Economy
From my perspective, the biggest deterrent to inclusive growth is our tendency to differentiate and silo everything into mutually inseparable categories, as very acutely illustrated in this article.
@EconomicTimes
The legal space needs to be in resonance with the ongoing technological transformation. Therefore, the Hon SC's initiative to transcribe its proceedings using AI and Natural Language Processing [NLP] is a step in the right direction.
@FinancialXpress
As far as I am concerned, digitisation can be used to articulate an improved credit architecture to significantly enhance access amongst all key demographics, by neutralizing bias through open and universal parameters.
@indiatimes
#AUCL
#Policymaakers
From a more macro perspective, policymakers would root for a more balanced pivot, where growth gains will be stabilised through both fiscal rationalisation and inflationary stability. The x-factor here would definitely be a sharpened focus on reforms,
"The irony of
#boredom
lies in its silent testimony to the infinite potential of the human mind; a canvas of vast expansiveness left untouched, an echo of the many paths not taken, it stands as a witness to the grandeur we could embrace if only we dare to break free from the
There was a need for the IBC, but lopsided thinking and patchwork articulation have significantly diminished its effectiveness for all stakeholders, from creditors to debtors. Here's a more detailed deep-dive into this, because a mature ecosystem demands the articulation of a
When it comes to curating an antitrust and fairness framework that actually works, mutual interoperability with the laws of other sovereign domains is an aspect that policymakers must embrace. India's advantages in having a strong rule of law modelled on Westministerian
India's positive experience in terms of digitization of public goods and services makes it the ideal partner for impactful convergences with other developing nations with regards to tax simplification and standardization. The added allure of being a
The sheer variety, diversity, and colour in terms of ideas and solutions that the Indian startup ecosystem possesses and is incubating certainly warrants conversations that genuinely create an impact. And that is what we are witnessing right now as key stakeholders increasingly
Stagnation in demand in semi-rural and rural areas is definitely a cause for concern, especially in terms of impact at the macro level. Policymakers need to buckle up on this front and ensure rehabilitation and sustenance through targeted reforms, even if
With the removal of deductions under u/s 80 and its various sub-clauses, it is imperative that taxpayers opting for the revised tax structure, should take advantage of the benefits offered by u/s 24.
#AUCL
#Tax
#Incometax
#deductions
Clarity enables & empowers you to make the choices & take the decisions that actually matter. The reason underpinning this is pretty straightforward: once you know what you want, your thought processes will automatically start aligning themselves with the consequence defined or
The improvement in portfolio quality accompanied by growth in AUMs and accelerated disbursements shows that MSME-focused microfinance is indeed experiencing a bull run while giving small businesses some much-needed financial maneuverability.
In certain situations, when a straightforward nudge fails to produce the desired effect, policymakers must take the initiative to generate the push that causes all participants in the banking ecosystem to recognize their obligations in supporting small
If sustainability and affordability are co-relational, as regards
#MSMEs
, then the way forward would have to be a more impactful confluence of
#digitization
and indigenization, to ensure that lack of access doesn't become a major stumbling block.
In this article with The Pioneer, I've discussed the topic, 'SC Judgements have Strengthened Democracy'. It is imperative to recognise the role of the Supreme Court of India in fortifying our democracy with landmark judgements.
Read on to know more:
To truly ensure fairness in the legal ecosystem in terms of opportunities for women, traditional perspectives and mindsets must be discarded, embracing a more holistic approach where dynamic and flexible functionalities can be articulated seamlessly. From work flows to culture,
The rather unexplainable divergence in reactions from newsmakers and influencers with regards to
#Silicon_Valley_Bank
collapse viz-a-viz the Hindenburg report last month is a classic example of cognitive warfare, that should make us all wary.
#AUCL
This is indeed a positive move by the Competition Commission of India, which was definitely much needed as a deterrent against the high-handed behaviour of monopolistic big tech players like Google
.
@RealCoinGeek
#AUCL
#Google
#Tech