Category Archives: Regulations

My Suitcase is a Dinosaur

“Your suitcase is a dinosaur,” Usha said as she helped me haul it into the back of her van. It looks like it. My sturdy grey Samsonite is maybe 20 years old. It’s heavy and has only two wheels, so … Continue reading

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India: 1.2 billion Unique Identities

I don’t have a birth certificate. Back then in India, few did. Many people weren’t even born in hospital. I was, so I actually have a scrap of paper on the hospital’s letterhead, stating that “A baby girl was born … Continue reading

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Vodafone vs Indian Tax Department… Finally, a Win

So the saga seems to have ended. Vodafone’s foreign transactions were truly foreign, India’s Supreme Court says. That’s $2.7 billion the company doesn’t have to pay. Those who’ve been following this blog might remember the story. THE VODAFONE BACKSTORY Hong … Continue reading

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New Reporting Rules – Not so Bad

It’s with some relief that I report that SEBI won’t be demanding quarterly audited statements after all (as I’d reported earlier). It’s not clear what happened, but it seems that someone at Reuters misread the SEBI circular. “I don’t know … Continue reading

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New Reporting Rules for Indian Companies

ETA: Update in the next post. ——————– New reporting rules for Indian companies look reasonable, but may have unintended consequences. Reuters reports that the Securities and Exchange Board of India, better known as SEBI, recently changed the reporting requirements for … Continue reading

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Do-Not-Call me, Dish Network!

Dish Network called me. Yet again. My numbers have been on the US National “Do Not Call” registry since mid-August 2008. Enough time, one would think, for the idea to sink in and for the numbers to work their way … Continue reading

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Doing without Paypal

If there was one single thing I’d emphasize in doing business in India, it would be Check The Regulations. Despite the liberalization, India still has a ton of them. Paypal (or, maybe, its clients) just learned the hard way. India … Continue reading

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