Showing posts from August, 2014

Foreign Investment in Defence Sector

Press Note No. 7 (2014 Series) Government of India (GOI) has reviewed the policy on Foreign Direct Investment to liberalise the norms of FDI in Defence Sector.

Mr. Pankaj Singla
Sr. Associate
+919971508320 As per FDI Policy of 2014 (“FDI Policy”), issued on April 17th, 2014, by the Department of Industrial Policy and Promotion (“DIPP”), FDI in Defence sectors is permitted upto 26% under Government Route and any proposals for FDI beyond 26% can be made to Cabinet Committee on Security (CCS).
The GOI has reviewed the FDI Policy vide Press Note No. 7 (2014 Series) and has amended Paras 4.1.3 (v) (d) and 6.2.6 of the FDI Policy to permit FDI upto 49% under Government Route. Proposals for FDI beyond 49% shall be considered by CCS on case to case basis, wherever it is likely to result in access to modern and state-of-art technology in the country.

Cashless modes under ESOPs

Nowadays balancing sustainable growth and a pool of talent at the same time in this dynamic business environment has become an era of wondering for the Corporate. Besides cash rewards, it is important for any organisation to make its employees believe that their personal growth is linked to the growth of the organisation. Employee Stock Option Plans /Equity Incentive Plans (commonly referred to as ESOPs) are one of the most important tools to attract, encourage and retain Employees
Ms. Mohini Varshney
Assistant Vice President
+919971673332 One of the basic fundamental for contemplating the idea to roll-out any incentive plan is to ensure the attractiveness of the Plan from the perspective of the Employees. Generally, the Companies opt for one or more modes with some permutation and combination to align it with the needs and objectives of its business with the sole intent to incentivise the valuable asset of their business i.e. Employees for their association and perform…