India's fifth largest software services firm Tech Mahindra will acquire global network services firm Lightbridge Communications Corporation (LCC) in an all-cash deal worth $240 million (over Rs 1,486 crore).
The order, which came on Monday, stated that revenue authorities cannot split the agreement when the parties to the agreement considered the royalty and technical knowhow as a single package.
Not doing so might mean a penalty, not being able to revise returns or carry forward losses and forfeiture of interest on refund
Sources estimate there could be about 60 applications at the department of industrial policy and promotion for up to 49 per cent foreign direct investment in single-brand retail.
Unless the model is being phased out or is expected to get a facelift, buying in December makes sense
Group policies are more suitable for diabetics; these are negotiable & flexible.
Outbound deal count in the current calendar year fell to 100 from 154 in 2012.
Life insurance offers dual benefits: financial security to your family in case of the policyholder's death as well as helps you save tax, says Alok Patnia.
'Biometric Aadhaar-based surveillance is not only about violation of privacy, but also about the treasure hunt for unprecedented financial surveillance and economic intelligence in the economic history of mankind,' asks Gopal Krishna.
Ensure the employer has all relevant documents. Else, your pay will take a serious hit in the next two months.
Move to hasten rollout and, if successful, set a precedent for new banking firms.
The preference for digital banking now cuts across all customer segments.
Biometric authentication is based on the unscientific and questionable assumption that there are parts of human body that does not age, wither and decay with the passage of time.
Jharkhand and Andhra Pradesh use celebrity endorsers and social media campaigns to brand their state and court big business to eventually bring about job creation. Can they deliver on their promises?
'The web of transactions is so complex that it requires expertise to understand the strategies involved in each fraud.'
Oil and gas players' wish list includes incentivising E&P investments and reintroduction of income tax holiday for exploration and production activities, among others.
Stressing on the 'Make in India' initiative, a Ministry of Defence appointed committee has recommended enhanced private sector involvement by granting manufacturers tax and import concessions.
Though e-commerce opens a new world for the handicraft industry, empowering craftspersons still remains a real challenge.
The onus is on you to reject financial products that don't suit your needs.
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