Tax poser in the way of Hyundai local arm listing

South Korean auto giant Hyundai Motor Company is considering tax implications of listing its Indian unit before taking a final call, according to sources privy to the development. Hyundai Motor is......

India likely to be among top 20 global FDI sources by 2021

While the UN report said that FDI inflows rose 6 per cent in 2018 to $ 42 billion, the government’s own data for the entire FY19 period has shown that inbound equity investments declined for......

Market retreats after 4-day record run

Markets ended lower on Wednesday after earlier hitting record highs for the fourth straight session on profit taking with oil shares leading the decline. The 30-share Sensex ended down 110 points......

Mallya loses plea against extradition, has 14 days to appeal

Vijay Mallya on Monday lost a UK high court appeal against his extradition, a major turning point that brings India closer to getting back the embattled liquor tycoon wanted in the alleged fraud......