India has told the US that identifying forced labour in other countries is inherently challenging, and that its own SEBI and MCA norms operate in a soft, voluntary manner. New Delhi says frameworks like BRSR and NGRBC are not mandatory prescriptions, while it contests the basis of the US investigation and points to its role in multilateral efforts.
The government has set a new M&A approval trigger: companies must seek Competition Commission of India clearance for deals over Rs 2,000 crore when the target has substantial operations in India. The change is designed to strengthen oversight of mergers and acquisitions, with particular focus on fast-growing digital markets to support fairer competition practices.
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