RBI, Enforcement Directorate to see if money was sent to tax haven
Market players say the government is likely to attempt, at least, one big-ticket sale this month.
Mallya showed his net worth at Rs 615 crore, mainly in shares and bonds.
In 2012, Diageo had paid Rs 3,635 cr directly to Mallya for his 19.3% stake in United Spirits.
Mallya failed to repay loans worth Rs 7,200 cr, did not pay salaries, did not deposit PF, and did not pay income tax. It is still a mystery why banks continued to pour money into the airline when it was on life support
There will be a review of employee compensation arrangement in the light of the new rules.
This amendment is proposed to be made retrospectively effective from FY16 onwards.
The change in the latest Budget will impact the sale and rent of SEZ units of companies like Adani Port, which has large SEZs in Mundra.
If the government decides to go back to the old regime where the EPF was not taxed but the NPS was, the latter will become an unattractive product.
Core sector companies have seen volumes drop to single digit in the first nine months of FY16.
Withdrawals from EPF and NPS to have same tax rates.
The deal comes at a huge cost to minority shareholders who have till date lost close to Rs 5,500 crore that were written off United Spirits' books
Percy Mistry says things at market regulator Sebi are also in bad shape.
Congestion on Mumbai roads has become chronic.
There cannot be value in every stock, whether large cap or otherwise. Thus buying a stock cheap does not always translate into value buying
Investors continue to make losses on investments.
The market believes there will soon be another offer to buy the bonds.
As debt piles up, Anil Ambani's ability to see the asset sale plan through will be crucial
Ensure the employer has all relevant documents. Else, your pay will take a serious hit in the next two months.
However, the IT firms will get some benefits, as software exports from their Chinese campuses will yield more in local currency
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