NEW DELHI: Domestic medical device firms are bullish about expanding business under the India-UK Free Trade Agreement (FTA), with some aiming to double their export quantities from single-digit levels. Significantly, the FTA has lowered tariffs on key devices, which could reduce prices on imported devices and savings for Indian patients on medical bills. However, experts…
Hours after Donald J. Trump was sworn in for a second term, he issued an executive order laying the groundwork for mass deportations of immigrants and denying them legal assistance. Public interest groups focused on immigrant rights teamed up to fight the order and called in Gibson Dunn, a major law firm with the resources…
The combined market capitalisation of India’s ten most valued companies soared by Rs 3,84,004.73 crore last week, driven by a strong rebound in equities, with HDFC Bank and Bharti Airtel emerging as the top gainers.The BSE benchmark Sensex rallied 3,395.94 points or 4.51 per cent, while the NSE Nifty surged 1,023.1 points or 4.48 per…
The UK pledged £20 billion ($26 billion) on Sunday to help exporters including those affected by US tariffs, as President Donald Trump’s sweeping stop-start import taxes roil global markets.Britain’s finance ministry said the move would expand the UK’s export finance package by £20 billion to a total of £80 billion, with “thousands of UK businesses…
Five more prominent law firms facing potential punitive action by President Trump reached deals on Friday with the White House to provide a total of $600 million in free legal services to causes supported by the president. Four of the firms — Kirkland & Ellis, Latham & Watkins, A&O Shearman and Simpson Thacher & Bartlett…
President Trump is planning to announce new deals with several of the nation’s top law firms requiring them to offer legal support for some of his favored causes, according to people with knowledge of the matter. In a Cabinet meeting on Thursday, Mr. Trump said four or five firms would reach deals with the administration,…
Two big law firms that have come under attack by the Trump administration filed court papers on Tuesday seeking to permanently block executive orders that threaten their businesses and ability to represent clients in matters involving the federal government. The firms, Jenner & Block and WilmerHale, filed the papers in federal court in Washington a…
NEW DELHI: After bagging the largest-ever order for Light Combat Helicopters (LCH), Hindustan Aeronautics Limited (HAL) is opening its doors wide to the private sector, offering contracts worth Rs 25,000 crore as part of its new manufacturing push.With the Cabinet Committee on Security clearing the massive Rs 62,500 crore deal on Friday, HAL and the…
The combined market capitalization of nine of India’s top-10 most valued companies plummeted by Rs 2,94,170.16 crore during the holiday-shortened week, with Tata Consultancy Services (TCS) and Reliance Industries bearing the brunt of the losses. This slump came amid a bearish trend in domestic equities, which saw the BSE benchmark Sensex drop by 2,050.23 points…
In his attacks on law firms, universities and other American institutions, President Trump is relying on an illusion. The illusion is that the institutions are powerless to fight back and that they face a choice between principle and survival. These institutions do not have to capitulate to Mr. Trump. They have a realistic path to…