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Bar Council on the warpath again

Financial Express Kochi

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August 06, 2025

JUST WEEKS AFTER slamming the Society of Indian Law Firms (SILF) for its protectionist approach towards the entry of foreign law firms into India, the Bar Council of India (BCI) today sent strongly worded notices flagging unauthorised collaborations or combinations between Indian law firms and foreign law firms, particularly mentioning CMS IndusLaw and Dentons Link Legal, the two firms that have forged arrangements with foreign legal entities.

- JYOTSNA BHATNAGAR

Senior lawyers said the BCI's ire was "probably directed at the use of a common brand name which it feels is in violation of the BCI new rules."

It may be recalled that the BCI, after several flip-flops over the years, had finally come out with detailed guidelines permitting the entry of foreign law firms and lawyers into the rapidly growing Indian legal industry, on May 14 this year. Soon after, on May 28, reputed full services law firm IndusLaw had announced a tie-up with global legal giant CMS.

MEER VERHALEN VAN Financial Express Kochi

Financial Express Kochi

IMF directors urge India to replenish fiscal buffers

WHILE FISCAL CONSOLIDATION has progressed, achieving the fiscal deficit target remains challenging, necessitating disciplined spending and strengthened fiscal buffers to safeguard stability, the International Monetary Fund executive board directors in their report.

time to read

1 min

November 27, 2025

Financial Express Kochi

Change mindset for manufacturing push: Godrej

WE ARE LOOKING TO LIMIT PRICE INCREASES TO ABOUT 5-7% POST NEW BEE NORMS

time to read

1 mins

November 27, 2025

Financial Express Kochi

Google Cloud sees govt tie-ups rise

· Cybersecurity threats & DPDP compliance fuel demand surge

time to read

1 min

November 27, 2025

Financial Express Kochi

When humans & Al create value together

WE'RE AT AN inflection point.

time to read

1 mins

November 27, 2025

Financial Express Kochi

SBI’s NIM target of 3% safe even if RBI cuts rate: Setty

STATE BANK OF India is confident of achieving its 3% net interest margin (NIM) guidance even if the Reserve Bank of India (RBI) decides to cut the repo rate by 0.

time to read

1 mins

November 27, 2025

Financial Express Kochi

US-Russia talks gain momentum

A SENIOR KREMLIN official confirmed Wednesday that US special envoy Steve Witkoff is set to visit Moscow next week as efforts to find a consensus on ending the nearly four-year war between Russia and Ukraine pick up speed.

time to read

1 min

November 27, 2025

Financial Express Kochi

UK cuts tax-free allowance for cash savings

BRITISH FINANCE MINISTER Rachel Reeves delivered a budget on Wednesday that will take more tax from workers, people saving for a pension and from investors to give herself more room for meeting her borrowing targets.

time to read

1 mins

November 27, 2025

Financial Express Kochi

Reliance JV to build AI data centre

THE ANDHRA PRADESH government has assured full support for the Digital Connexion project, including assistance with land allotment, power infrastructure, connectivity,and timely clearances.

time to read

1 min

November 27, 2025

Financial Express Kochi

Indices near all-time high as bears go into hiding

· DIIs pump in ₹7 lakh crore, highest in a year

time to read

1 mins

November 27, 2025

Financial Express Kochi

When tax meets technology

Tax is one area where the govt has moved far ahead in adopting technology and digitisation. Professionals must catch up with the digital architecture in place

time to read

3 mins

November 27, 2025

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