In this episode, Nishanth Kadur, Anirudh Arjun, and Sapna Kataria briefly discuss recent changes to India’s Competition Law, focusing on the new deal value test for transactions. They explore its impact, key factors in determining deal value, the substantial business operations test, and possible exemptions. Tune in for a concise breakdown of these regulatory updates and their implications.

In this podcast, we delve into the pivotal investment-related initiatives for the renewable energy sector introduced in Budget 2024. We examine the newly established climate finance taxonomy designed to streamline sustainable investments, the introduction of viability gap funding to support large-scale renewable projects, and various financial incentives aimed at accelerating green technology adoption. Our analysis covers the potential effects of these measures on attracting private investment, fostering innovation, and ensuring the economic viability of renewable energy projects, ultimately contributing to a more sustainable and resilient energy future.

In this podcast, we delve into the key policy changes for the renewable energy sector introduced in India's Budget 2024. We take an expansive view of the sector to specifically explore the newly introduced policy to promote pumped storage projects, the initiatives for advancing green mobility and the customs duty exemptions on essential minerals, crucial for renewable energy technologies. Join us for an in-depth look at how Budget 2024 is poised to shape the renewable energy landscape.

In this podcast, we explore the transformative initiatives for the renewable energy sector unveiled in Budget 2024, with a specific focus on the sub-sectors of green hydrogen, solar, thermal, and nuclear energy. We delve into the specifics of new allocation and incentives aimed at boosting production and adoption, assess the potential impacts on energy costs and sustainability, and discuss the future implications for each sub-sector. We analyze these initiatives in light of India's climate commitments and goals and discuss the merits of the roadmap set out in the Budget towards a renewables revolution.

In this episode, we dive deep into the Finance Minister of India's groundbreaking announcement during her recent budget speech: the abolishment of Angel Tax. We explore what Angel Tax is, and the significant challenges it posed to investors and startups. The episode unpacks the criticisms surrounding this tax, highlighting how it stifled innovation and growth in the startup ecosystem. We then explore the far reaching impacts of this policy change, and how in our opinion this move may provide impetus to rejuvenate the startup ecosystem by encouraging greater investment, fostering innovation, and aligning with global best practices.

Regulation 5A of Takeover Code provides for a combined takeover and delisting of an Indian company whose shares are listed on a stock exchange. Such transactions involve unique requirements and considerations, but also provide a powerful weapon in the hands of acquirers to fundamentally alter the corporate nature of the target in a short time period. Regulation 5A of the Takeover Code enables an acquirer to make an open offer for acquiring shares or voting rights or control of a listed target company and seek delisting of the target company by making a ‘delisting offer’.

Approximately 170 companies went public in the year 2023, which reflects the intention of corporations to tap into the resources available to a listed entity through stock markets.

The world has changed since 2020 and so have we. The M&A ecosystem has undergone a shift because of the pandemic as companies had to reevaluate their priorities and strategies. What were the big changes and how did companies adapt? “Mergers and Acquisitions in the Post-pandemic Era” is a new podcast series where Nishith Desai Associates, in collaboration with Mphasis, takes you through all the changes in the M&A universe and what’s next.

Businesses had to rethink their approach to operations, including M&A. The pandemic and its aftermath resulted in the recalibration of the M&A ecosystem for resilience and growth. How will these structures help growth as things return to normal? “Mergers and Acquisitions in the Post-pandemic Era” is a new podcast series where Nishith Desai Associates, in collaboration with Mphasis, takes you through all the changes in the M&A universe and what’s next.

Due diligence has always been a crucial part of any M&A as it leads to a greater understanding and clarity between the two parties. Over the last two years, this has further evolved as new data sets and processes have been added.