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
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
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
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
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