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Sanofi Aventis Shantha Biotech

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Vodafone notice on arbitration premature: Govt

The government has replied to Vodafone's notice that threatened international arbitration, saying there was no cause of action. It may send a reply and a tax notice to the company after the Finance......

Govt earns huge tax from big corporate deals

As corporate India unlocks value through mega deals, the Union government is smiling all the way to the bank.The government is likely to earn Rs 7,000 crore (Rs 70 billion) tax in the current......

DIPP bats for FDI curbs in pharma

The commerce ministry has sought a review of foreign direct investment policy in the pharmaceutical sector, in the light of recent takeovers of domestic companies by multinationals.Quoting from a......

Cross-border deals under tax lens: FinMin

Tax officials are scrutinising other cross-border mergers like the Vodafone-Hutchison deal for possible tax evasion after the Bombay High Court rejected a petition against imposition of tax on the......

Pharma club seeks protection from foreign predator

The Indian Pharmaceutical Alliance, the association of the country's leading domestic drug producers, has sounded the alarm bells against foreign companies acquiring homegrown players. In fact, it......

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