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privacy

Privacy law and its commercial implications

By Manoj Kumar, Hammurabi & Solomon
On its way to becoming a US$5 trillion economy with nearly 500 million web users, India is second only to China as the largest online market in the world. Increased net penetration, exponential increases...
Hotels

Hotels are liable for theft of guest’s vehicles

In a recent judgment, the Supreme Court held that in a case of theft of a vehicle given for valet parking, the hotel owner cannot contract out of liability for its negligence, or that...
data

Committee to look into NPD governance

The Ministry of Electronics and Information Technology has constituted a committee, headed by former Infosys CEO Kris Gopalakrishnan, to explore the governance of non-personal data (NPD). MeitY emphasizes the need to recognize the economic...
intermediaries

How much regulation can intermediaries bear?

By Shilpa Mankar Ahluwalia, Shardul Amarchand Mangaldas & Co
Payment gateways (PGs) and payment aggregators (PAs) are payment intermediaries (PIs) that facilitate payments online between a customer and a merchant. The Reserve Bank of India (RBI) has, so far, adopted a light-touch approach...
artificial intelligence

The AIs have it

Ritika Sharma explores the legal ramifications of a world dominated by artificial intelligence Technology is changing the world around us with increasing rapidity. New technologies are being incorporated more and more into our daily lives....
Shilpa Mankar Ahluwalia, Shardul Amarchand Mangaldas & Co

Is government’s plan to ban cryptocurrency warranted?

By Shilpa Mankar Ahluwalia, Shardul Amarchand Mangaldas & Co
An inter-ministerial committee (IMC) chaired by Subhash Garg (former secretary of department of economic affairs), which examined issues related to virtual currencies recently, recommended a complete ban on cryptocurrency. The IMC, also submitted a...
Lagna Panda, Chandhiok & Mahajan

RBI’s localization mandate: Cure without a problem?

By Lagna Panda, Chandhiok & Mahajan
The Reserve Bank of India (RBI), recently, issued clarifications to its 6 April 2018 directive on localization of payment data. The directive mandated payment system operators (PSO) to store their entire data relating to...
Twitter

Twitter debuts in India with ShareChat

Twitter has led a US$100 million round of funding in Mohalla Tech (ShareChat) in its maiden investment in India. “Twitter doesn’t really invest too much, so this is a rare occurrence,” said a lawyer familiar...
sandbox

Enter sandbox

Dear Editor, In an article on the regulatory sandbox proposed by the Reserve Bank of India (RBI), Shilpa Mankar Ahluwalia gave a comprehensive overview on the guidelines. While she raised concerns such as restrictive eligibility...

Under attack

A US report offers a stinging rebuke to India’s behaviour on matters of intellectual property. But how justified are its criticisms? Corporate counsel Harish Suryavanshi gives his view On the eve of World Intellectual Property...
Fintech startups

Making sense of regulatory sandbox for Fintech startups

By Nivedita Nivargi and Vishnu Kale, Samvad Partners
Over the past few years India has seen rapid development in the financial technology sector and it has the second highest number of Fintech startups in the world. According to certain estimates, India’s Fintech...
policy

Draft e-commerce policy puts intermediaries in a fix

By Ashwini Vittalachar and Sanjana Mathur, Samvad Partners
The Department for Promotion of Industry and Internal Trade released the draft national e-commerce policy for India on 23 February 2019. Given that “data is the new oil”, the principal focus of the draft...
think big

Think big, act bold

Lawyers weigh in with their demands from the new government Forecasting the monsoon is not a task for the fainthearted. Despite changing climate patterns, few foresee changes in the reach and reliability of the torrential...
law firms

Leaders of the pack

India Business Law Journal reveals the top international law firms for India-related matters. Vandana Chatlani reports. Five years ago, when Prime Minister Narendra Modi first came to power he was described by former CNN New...
GDPR

Taking stock

A year since its introduction, Oliver Yaros evaluates the impact of the European data protection regulation In 25 May 2018, the EU General Data Protection Regulation (GDPR) came into force. In the initial months EU...
modi government

Wish list

As the Modi government comes back to power, Lawyers tell Gautam Kagalwala about their expectations for the new term The ruling Bharatiya Janata Party led by Prime Minister Narendra Modi has won the elections resolutely...
regulatory sandbox

Closer look at Reserve Bank’s proposed regulatory sandbox

By Shilpa Mankar Ahluwalia, Shardul Amarchand Mangaldas & Co.
The Reserve Bank of India (RBI), last month, released a draft of the “Enabling Framework for Regulatory Sandbox”. A sandbox is a framework that allows regulation to evolve and keep pace with innovation in...
Smart cities mission

Smart cities mission risks ushering in Orwellian future

By Rachika A Sahay and Aakash Sharma, HSA Advocates
The Smart Cities Mission was launched by the government in June 2015 with a goal to develop 100 smart cities by 2020 (the deadline has been revised to 2023 now). Though a “smart city”...
think big

Unintended consequences

Fighting online counterfeiting may come at the cost of business Taking action against counterfeiters is a worthy endeavour. Yet the chances of total victory may be slim, not least because the enemy in question has...

Caught up in courts

Commercial courts and mandatory mediation are welcome steps, but it will take a lot more to unclog the legal system, writes K Satish Kumar of Ramco Systems Doing business in India is a catch 22...