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Articles by Dharmil Doshi
Succession Plans for Listed Companies in India: A Case Study
Family businesses account for 70% of India's GDP, with around two-thirds of the top 500 listed companies by market capitalisation being family-led, a percentage projected to rise to 85% by 2047. Listed companies in India have controlling shareholders classified as ‘promoter’ and ‘promoter group’, typically founders or legal persons who have predominantly inherited businesses through different succession models.
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Beyond ESG Promises: EU’s Corporate Sustainability Due Diligence Directive
The EU’s new sustainability directive compels large firms to walk the ESG talk and align their business models with climate targets or risk penalties. Image Source: Getty All European Union (EU) member states are gearing up to enact the Corporate Sustainability Due Diligence Directive into their respective national laws by July 2026.
Harnessing India’s Potential in Offshore Wind Leasing
Image Source: Getty Amid rising energy demand, India bets big on offshore wind, revamping leasing norms to secure RTC power and strategic depth. Aiming to install 30 GW of offshore wind capacity by 2030, India seeks to monetise its potential of over 70 GW of commercially viable offshore wind.
Harnessing India’s Potential in Offshore Wind Leasing
Image Source: Getty Amid rising energy demand, India bets big on offshore wind, revamping leasing norms to secure RTC power and strategic depth. Aiming to install 30 GW of offshore wind capacity by 2030, India seeks to monetise its potential of over 70 GW of commercially viable offshore wind.
UN Plastics Treaty: Bridging Promises and Pitfalls
Image Source: Getty Plastic usage is projected to triple globally by 2060, with leakages reaching up to 44 million tonnes annually—posing grave ecosystem and health risks. The plastic lifecycle contributes over 3.4 percent of greenhouse gas (GHG) emissions, prompting informal urban systems to revamp their classification, disposal, and local recycling practices. However, effective waste management demands mandated legislation, uniform standards, and a robust infrastructure.
UN Plastics Treaty: Bridging Promises and Pitfalls
Image Source: Getty Plastic usage is projected to triple globally by 2060, with leakages reaching up to 44 million tonnes annually—posing grave ecosystem and health risks. The plastic lifecycle contributes over 3.4 percent of greenhouse gas (GHG) emissions, prompting informal urban systems to revamp their classification, disposal, and local recycling practices. However, effective waste management demands mandated legislation, uniform standards, and a robust infrastructure.
Justice on trial: The ICC, Israel, and the politics of accountability
While the ICC aims to hold perpetrators accountable, its actions raise important questions surrounding jurisdiction, complementarity, and legitimacy Image Source: Getty The International Criminal Court’s (ICC) Pre-Trial Chamber-I (PTC) recently issued arrest warrants against Israeli Prime Minister Benjamin Netanyahu and Defence Minister Yoav Gallant alongside three Hamas figures.
The Investment Facilitation Agreement: Resisting plurilateralism in global investment law
Image Source: Getty The Investment Facilitation for Development Agreement (IFDA) aims to facilitate global investment in the same manner as global trade agreements. Traditionally, investment rules are negotiated through International Investment Agreements/Treaties (IIAs) and dedicated chapters in regional trade agreements. Over time, regulating investment facilitation has gained momentum at the World Trade Organisation (WTO).
The Investment Facilitation Agreement: Resisting plurilateralism in global investment law
Image Source: Getty The Investment Facilitation for Development Agreement (IFDA) aims to facilitate global investment in the same manner as global trade agreements. Traditionally, investment rules are negotiated through International Investment Agreements/Treaties (IIAs) and dedicated chapters in regional trade agreements. Over time, regulating investment facilitation has gained momentum at the World Trade Organisation (WTO).
IIBX: A game-changer for the gold market?
By implementing robust measures, IIBX can streamline India’s bullion trade, attract more international business, and solidify India's position as a key player in the global gold market Image Source: Getty Gold, which historically signified societal prestige, has evolved into a key asset for financial security and foreign exchange. It tends to retain its liquidity during economic crises and political instability.
New labour codes and mental health compliance
Image Source: Getty This article is part of the essay series “World Mental Health Day 2024” Overwork and burnout are often glorified in India, prompting distress amongst several salaried professionals. India is ranked as the -most overworked country with 51 percent of employees exceeding 49 hours of weekly work as per International Labour Organisation (ILO) data. The absence of legal interventions at the prevention stage has led to scrutiny of India’s mental health laws at the reparation stage.
New labour codes and mental health compliance
The absence of legal interventions to address mental health issues in India calls for reform of labour laws Image Source: Getty This article is part of the essay series “World Mental Health Day 2024” Overwork and burnout are often glorified in India, prompting distress amongst several salaried professionals. India is ranked as the -most overworked country with 51 percent of employees exceeding 49 hours of weekly work as per International Labour Organisation (ILO) data.
Chasing new horizons: Sunset clauses in India’s revamped BIT regime
As India seeks to renegotiate its terminated Bilateral Investment Treaties (BITs) with states such as Argentina and Russia and foster new International Investment Agreements (IIAs) with key economies European economies, the United Kingdom (UK) and the United States (US), it must learn from its experience of challenging the 37 Investor-State Dispute Settlement (ISDS) notices of dispute raised by various investors and clearly articulate its vision of the ‘sunset’ implications of future...
India-ASEAN FTA Rules of Origin reforms: Abating outside influx and consolidating supply chains
In 2022-23, ASEAN constituted 11.3 percent of India's global trade. However, India has experienced a growing trade deficit amounting to approximately annually since the inception of the ASEAN-India Trade in Goods Agreement (AITGA) in 2010. With exports valued at US$44 billion against imports worth US$87.57 billion, this deficit surged significantly to US$43.57 billion in 2022-23.
India’s ‘onshoring’ vision with GIFT City
Proclaimed as the embodiment of ‘Aatmanirbhar Bharat’, a hub of ingenuity and innovation, the Gujarat International Finance Tech (GIFT) City in Gandhinagar is India's first greenfield smart city housing the International Financial Services Centre (IFSC). It operates as a multi-service Special Economic Zone (SEZ),[1] providing tax exemptions and simplified regulations.
“Market coupling” in the power sector: Is India doing enough?
India's ambitious pursuit of 500 GW of non-fossil energy capacity by 2030 demands a more robust power market. While grid infrastructure has been cumbersome, realising the benefits of power market integration hinges on regional market design and regulatory governance. Presently, over 27 cross-border connections link Bhutan, Bangladesh, India, and Nepal, offering potential access to Nepal's significant hydroelectric potential via an improved trade framework.
Tackling India’s airline insolvency with aviation financing reforms
With a fourfold increase in fleet size over 2019 and requiring 2,210 aircraft over the next 20 years, India's aviation sector is on track to rank among the world's top three by 2041. Against the global average of 53 percent, 80 percent of India's commercial fleet is leased. India’s aircraft and aircraft equipment demands rely heavily on foreign lessors. Prolonged delivery timelines for new aircraft have prompted airlines to adopt lease-back business models.
Capitalising InVITs to bridge the infrastructure financing gap in India
Infrastructure development, crucial for India’s economic growth in the coming decades, will require estimated investments of US$4.5 trillion by 2030. The Infrastructure Investment Trusts (InvITs), which possess and manage infrastructure assets, such as roads, highways, power plants, pipelines, warehouses, etc. and provide regular income with consistent cash flow through long-term concessions, can boost foreign investments for India’s much-needed infrastructure development.
Observer Research Foundation | ORF
Cape Town Conversations will serve as an annual South Africa-based platform that brings together key stakeholders and new voices. It is designed as a common platform where established and emerging actors convene for a global conversation on contemporary issues of global governance —identifying new challenges, ...
PM CARES - What does the Emblem of India Symbolize?
The Prime Minister on 28th March, 2020 announced the launch of the Prime Minister's Citizens Assistance and Relief in Emergency Situation (PM-CARES) Fund to accept donations to provide relief during COVID 19 pandemic, and other similar emergencies. On 1st April Shri Harsha Kandukuri an LLM student filed an RTI with the Prime Minister's Office for trust deeds of PM –CARES fund, all government orders, notification, and circulars relating to creation and operation of the PM-CARES fund trust[1].
Corneal Epithelial Remodeling After Standard Epithelium-off Corneal Cross-linking in Keratoconic Eyes
The corneal ectasia disorders, such as keratoconus, pellucid marginal degeneration, and postoperative corneal ectasia (keratectasia), share two main attributes: impairment of visual acuity and progressive corneal thinning and steepening that leads to asymmetric anterior and posterior corneal surfaces and irregular astigmatism.1,2 Variation in the thickness of the corneal epithelium can compensate to some extent and thereby mask underlying stromal topographic irregularities.3 For example, in...
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