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Law firms picking regulatory brains for niche advice
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This is different from the trend of retired senior bureaucrats joining company boards as advisers as a goodwill gesture because of their long relationship and broad understanding of a particular sector.
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Increasingly complex and overlapping regulation and guidelines are leading law firms and head-hunters to set sights on hiring regulatory officials.
This is different from the trend of retired senior bureaucrats joining company boards as advisers as a goodwill gesture because of their long relationship and broad understanding of a particular sector.
Several large and small law firms have recently hired veterans from the Reserve Bank of India (RBI), the Securities and Exchange Board of India (Sebi), Insurance Regulatory and Development Authority of India (IRDAI), the tax and police departments to help clients deal with the complexities.
Despite pandemic, sales of private manufacturing companies surged 31% in Q4 FY21
According to data released by RBI, sales of listed private manufacturing companies surged 31 per cent year-on-year in Q4 of FY21. While IT sector companies accelerated to 6.4%, non-IT companies registered marginal growth The RBI said the manufacturing companies increased there expenditure on raw materials in tandem with the rise in sales during Q4 Rahul Shrivastava
Updated Jul 17, 2021, 9:16 AM IST
Despite the economic slowdown caused by the COVID-19 pandemic, sales of listed private manufacturing companies surged 31 per cent on a year-on-year (Y-o-Y) basis in Q4 of FY 2020-21 in comparison to growth recorded in the previous quarter of the same fiscal, according to RBI data.