The Bombay High Court quashed two orders passed by the government of Maharashtra in September 2022 revoking the license of Johnson & Johnson to manufacture, sell, and distribute its baby powder products, terming the orders as “stringent, unreasonable and unfair.” J&J Baby Powder The bench noted that while maintaining standards...
Vodafone CEO Sees a New India Emerging
Economic Times reports that the Vodafone Group CEO Vittorio Colao, who had in September last year stated that doing business in India was “complicated”, said he sees positive signs at high levels. Asked if it has become easier to do business in India since Prime Minister Narendra Modi-led government took...
Shell and Vodafone Win Transfer-Pricing Lawsuits in India
The Bombay High Court ruled in favor of the Indian unit of Royal Dutch Shell Plc, Europe’s largest oil producer, in a $1.4 billion tax dispute. The court set aside an order by the country’s tax department that sought to tax monies paid to transfer shares of the oil producer...