Due to the rapidly increasing amount of data generated and consumed on the internet, an opportunity exists for commercial real estate investors, lenders, developers, green energy providers and others to develop data center...more
11/14/2023
/ Artificial Intelligence ,
Clean Energy ,
Commercial Property Owners ,
Commercial Real Estate Market ,
Construction Industry ,
Data Centers ,
Infrastructure ,
Office Space ,
Popular ,
Real Estate Investments ,
Sustainability
Companies looking to set up global capability centers in India should take steps at the outset to assure compliance with applicable anti-bribery and anti-corruption laws and standards.
The FCPA prohibits bribing or...more
Global Capability Centers (GCCs) located in India continue to evolve from labor arbitrage and cost savings initiatives to innovation centers for digital transformation, supporting cloud, mobile, data security, data analytics,...more
7/21/2023
/ Acquisitions ,
Business Formation ,
Buyouts ,
Dispute Resolution ,
Foreign Corrupt Practices Act (FCPA) ,
India ,
Joint Venture ,
Mergers ,
Outsourcing ,
Service Agreements ,
Special Economic Zones
Artificial intelligence (AI) systems captured considerable attention with the release of a large language chatbot, ChatGPT, by OpenAI, in November of last year. On March 14, OpenAI unveiled GPT-4, a more powerful “multimodal”...more
Ethereum, the second largest blockchain-based platform by market cap, is tentatively scheduled to convert its consensus mechanism from proof-of-work (PoW), which incentivizes miners to solve mathematical puzzles to update the...more
The non-fungible token (NFT) market has grown dramatically over the past 24 months. NFTs first garnered widespread attention when the artist Beeple sold digital artwork at Christie’s in March 2021 for $69 million. According...more
According to The Economic Times, more than 100 multinational companies plan to set up Global Capability Centers (GCCs) in India in FY 2022. This projected growth is on top of the existing 1,300+ GCCs that generate over $33.8...more
The Metaverse is an immersive world combining virtual reality and augmented reality, where users are represented by avatars and roam virtual spaces. It comprises a variety of platforms and environments that can be explored,...more
4/21/2022
/ CFTC ,
Cryptoassets ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Ethereum ,
Intellectual Property Protection ,
Metaverse ,
Non-Fungible Tokens (NFTs) ,
Popular ,
Privacy Concerns ,
Real Estate Investments ,
Real Estate Market ,
Regulatory Agenda ,
Securities and Exchange Commission (SEC) ,
Smart Contracts ,
Token Sales ,
Virtual Goods
As innovative applications with integrated smart contract functionality emerge from blockchain technology platforms, there is an expanding list of digital currencies, tokens and peer-to-peer financial products and services....more
Digital data storage devices are approaching their scaling limits and have limited life spans, and cloud-based storage systems in data centers are costly and consume too much energy.
Synthetic DNA could store vast amounts of...more
The pandemic is expected to lead to a significant and sustained increase in remote working.
The shift to remote working will have major implications for end user computing solutions and services.
CIOs will need to...more
Many companies will consider selling their offshore captives/GICs in the wake of COVID-19, especially those in industries hard hit by the pandemic.
Large outsourcing vendors are interested in acquiring offshore...more
6/25/2020
/ Asset Transfer ,
Business Transfer Agreements ,
Capital Gains Tax ,
Coronavirus/COVID-19 ,
Data Privacy ,
Data Protection ,
India ,
Mergers ,
Offshore Funds ,
Outsourcing ,
Stamp Taxes ,
Technology ,
Valuation ,
Vendors
Key contractual considerations -
IT initiatives undertaken in response to COVID-19 may be large complex projects that require the assistance of a systems integrator.
Before engaging a systems integrator, CIOs should...more
Offshore captives/GICs will be significantly impacted by the pandemic, especially smaller ones and those supporting organizations in distressed industries.
Organizations can be classified as “first movers,” “middle of the...more
Under a newly amended law, many employers in India are required to increase paid maternity leave and offer on-site day care services; some of the new standards await clarification.
Providing crèche (day care) facilities is...more
2/23/2018
/ Child Care ,
Employee Benefits ,
Employer Liability Issues ,
India ,
International Labor Laws ,
International Tax Issues ,
Maternity Leave ,
New Amendments ,
Paid Leave ,
Paid Time Off (PTO) ,
Parental Leave ,
Wage and Hour
GICs offer advantages for exploiting big data and staying competitive.
Data is the fuel of the 21st-century economy.
Companies must manage and exploit data and digital technologies in an innovative, agile and cost...more
2/15/2018
/ Artificial Intelligence ,
Automation Systems ,
Big Data ,
Data Collection ,
E-Commerce ,
Economic Development ,
Global Economy ,
India ,
Innovative Technology ,
Internet of Things ,
Outsourcing ,
Personal Data ,
Revenue Growth ,
Risk Mitigation ,
Supply Chain ,
Third-Party Service Provider
In August 2017, the Supreme Court of India passed a judgment in the case of Justice K S Puttuswamy vs Union of India (Supreme Court of India, WRIT PETITION (CIVIL) NO 494 OF 2012), in which fundamental rights, as provided in...more
2/7/2018
/ Biometric Information ,
Citizens Rights ,
CNIL ,
Cybersecurity ,
Data Collection ,
Data Protection ,
EU ,
Extraterritoriality Rules ,
India ,
New Legislation ,
Personal Data ,
Popular ,
Privacy Rule ,
Right to Be Forgotten ,
Right to Privacy
The ICO boom in 2017 brings with it questions of jurisdiction and compliance, and a need for further guidance -
The benefits of ICOs in raising capital, as well as in providing a marketing push for a new business model,...more
11/3/2017
/ Bitcoin ,
Blue Sky Laws ,
Canada ,
Canadian Securities Administration ,
China ,
Cryptocurrency ,
CTFC ,
Ether ,
Howey ,
Initial Coin Offering (ICOs) ,
Initial Public Offering (IPO) ,
Investment Contract ,
Investors ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Securities Fraud ,
Smart Contracts ,
South Korea ,
Startups ,
Token Sales ,
Trading Platforms ,
Unfair or Deceptive Trade Practices
GICs in India are evolving from cost-saving platforms into Innovation Centers for emerging digital technologies that can provide a competitive advantage.
Recent years have seen a resurgence of interest in GICs in India...more
10/20/2017
/ Analytics ,
Artificial Intelligence ,
Captive Insurance Company ,
Corporate Taxes ,
Dividends ,
Exports ,
FTEs ,
Great Recession ,
Hiring & Firing ,
Human Resources Professionals ,
India ,
Innovative Technology ,
Internet of Things ,
Joint Venture ,
Limited Liability Company (LLC) ,
OECD ,
Outsourcing ,
PLC ,
Revenue Growth ,
Service Agreements ,
Software Developers ,
Special Economic Zones ,
Taxable Distributions ,
Third-Party ,
Third-Party Service Provider ,
Vendors
Search “Death of Retail” on Google.com and, as of July 26, you will get approximately 855,000 hits, many of which stress the negative impact that online sales and Amazon, in particular, have had on traditional retailers....more
Data centers trigger visions of windowless, concrete boxes located at the periphery of suburban office parks. That perception may fade in the coming years. With new technologies, such as cloud computing, blockchain platforms,...more
The real estate industry is frequently identified as one of the most likely early adopters of blockchain technology and smart contracts. However, industry participants remain skeptical as to the timing and magnitude of the...more
This spring, Arizona became one of the first states in the U.S. to enact a law explicitly granting smart contracts the same legal effect, validity and enforceability as their standard contract counterparts. “Smart contracts”...more
Saudi Arabia has recently adopted new policies aimed at transforming its economy, including plans to sell shares in the state oil company, Saudi Aramco, and to expand its Public Investment Fund (PIF) to diversify its...more
5/24/2017
/ Atomic Energy ,
Capital Markets ,
Entertainment Industry ,
Foreign Investment ,
Initial Public Offering (IPO) ,
Military Goods ,
Mining ,
Nuclear Power ,
Oil & Gas ,
Popular ,
Procurement Guidelines ,
Renewable Energy ,
SAGIA ,
Saudi Arabia
Early indicators in 2017 suggest that blockchain technology is further along than anticipated and the potential implications of its development should not be ignored. However, caution should be exercised due to imprecise...more