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Drone Technology & their Regulations in India: Lawyers Advice

Drones are unmanned aircraft systems which can be flown without pilot actually on board. This invention has been with us for a while now and it can be traced back to the time in 1849, when Austrians attacked the city of Venice with balloons laden with explosives. The first pilotless aircrafts were designed by the end of the World War I by the US Army. These vehicles were meant to bombard the enemy lines became useful for military use but with the advancement of the technology and lowering of the production costs drones were explored by government and corporations for...

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Legal Guidelines, Procedures, Rues & Regulations for E-Commerce Companies in India: Lawyers Advice

E-Commerce plays an integral role in everyone’s life. It is not a privilege but a necessity for a large part of the urban population. From cloths to electronics and from vegetables to books, people are using E-Commerce to buy and sell almost all products used by a any person. E-Commerce in most simple words refers to the buying and selling of goods through electronic medium using the internet. With the increasing penetration of Internet and the increasing truth of people in online buying coupled with cheap phone and increasing technological knowledge amongst people, e-Commerce business is growing at a rapid...

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Legal Guidelines, Procedures, Rues & Regulations for Setting-Up Manufacturing Unit in India: Lawyers Advice

The manufacturing sector in India has the highest growth rate in the past decade, which has targeted the global market and plays a key role in the global competition. As per reports, India’s manufacturing sector is estimated to touch One Trillion US Dollars by the year 2025 and accounting for 25-30% of India’s GDP and further, excepted to create 90 million jobs domestically. In the past few years, the Indian Government has taken strategic steps to lay down laws, rules and regulation to boost the manufacturing industry by promoting foreign investment and giving highly attractive tax incentives. Further, high consumerism...

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Legal Compliances for Venture Capitalists (VCs) and Private Equity (PE) Investors before Investing Money: Lawyers Advice

The business scenario in today’s time is dependent on investments or what is known as fund raising especially for new startups and small businesses. This increasing culture of investments has led a rapid growth of Private equity investment in India. Public Equity is an alternate investment option used by companies that are not public or listed on the stock exchange. It used by High Net Worth individuals or firms to purchase shares or interest in private companies or public companies with an aim to make them private and delist from the public stock exchanges. Usually small or new companies which...

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Foreign Direct Investments (FDI) in Healthcare Sector in India: Lawyers Advice

The healthcare sector mostly comprises of the hospitals, medical devices, medical technology, medical insurance, medical equipment, clinical trials and telemedicine. A non-resident investor outside India can invest in an Indian Company under the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000. However, the foreign investment flow into India is governed under the Foreign Exchange Management (FEMA) Act, 1999 and the regulations made by Reserve Bank of India (RBI) as well as the Policies issued by the Ministry of Commerce and Industry also govern Foreign Direct Investment (FDI) flow in India. The following...

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Foreign Direct Investments (FDI) in Fast Moving Consumer Goods (FMCG): Lawyers Advice

The retail sector in India sells goods to the customers which satisfy their wants or needs. These goods are called consumer goods or final goods. The Fast Moving Consumer Goods (FMCGs) also falls under the category of consumer goods where such goods are sold at a quicker rate and have relatively low cost. Foreign entities can sell their goods or products in India through their own retail shops. India does not prohibit the flow of Foreign Direct Investment (FDI) in retailing, but has allowed the FDI in retail for specific products. There are three forms of trading of consumer goods...

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Foreign Direct Investments (FDI) in E-Commerce Sector in India: Lawyers Advice

In a country like India where funds are not easily available, Foreign Direct Investment (FDI) helps the economy develop and act as a vital source of funds for companies wherein non-resident individuals or entities can invest money into India. Foreign Direct Investment (FDI) in India is mainly governed by the Department of Industrial Policy and Promotion (DIPP) and the laws relating to foreign exchange is controlled and managed by the Foreign Exchange Management Act (FEMA) of 1999. Foreign investment in the E-Commerce sector could be made possible even with the investor residing in his own country. But however, in order...

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Foreign Direct Investment (FDI) Regulations for Foreign Investors in E-Commerce in India: Lawyers Advice

The buying and selling of products or services in exchange of consideration using Internet is called E-commerce. India has traded in the past for example silk route, spice route etc but the order of the new world has changed paving its way to becoming more technological friendly. India’s e-commerce industry is expected to become thrice as large by the end of 2021. PROCEDURE TO SET UP E-COMMERCE IN INDIAThere are two ways by which an entity can become a market participant; 1) Creating your own Proprietary E-commerce websiteThis will require a website development team, payment gateway and an online...

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Basics of Foreign Direct Investment (FDI) Regulations for Foreign Investors in India: Lawyers Advice

India is one the fastest growing economies of the world due to its lenient policies for Foreign Direct Investment (FDI) which turns out to be appealing to the foreign investors, be it individuals or corporations. The Government has formulated FDI regulations with the intent to promote and attract foreign investments by being comprehensible, transparent and predictable. WHO CAN INVEST? • A foreign investor can either invest in a private limited company or a public limited company. • A foreign company can either invest in Joint Ventures and wholly owned subsidiaries. ADVANTAGES OF INVESTING IN...

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Intellectual Property Rights (IPR) over the Content of E-Learning Apps & Online Coaching Classes

In the age of digitisation, recent development in the education sector has also shifted from traditionalist approach to modernist approach. Everything has gone online; imparting virtual education has become our reality. Lectures are being held online, study material is circulated with the click of a button making it prone for the Intellectual Property Rights (IPR) of the original creator/educator to be infringed which is a legitimate concern. COPYRIGHTS IN E-LEARNINGThe copyright laws in our country are not only a piece of legislative work but also a social welfare mechanism to help people protect their intellectual property (IP). According to section 13 of...

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