Vikram Bakshi on Friday offered to sell his 50 per cent stake in Connaught Plaza Restaurants, the joint venture with McDonald's that operates fast-food restaurants in north and east India, for Rs 1,800 crore (Rs 18 billion).
Financial institutions at the risk of US sanctions as sharing of documents on SC directive amounts to violation of existing agreements.
Dealmakers and advisors feel investors are shifting their focus to Asia Pacific, especially India, owing to geopolitical instability driven by events such as Brexit and protectionist trade wars.
Sequoia Capital might emerge as leading global investor in start-up space in the country, as funds from other sources dry up.
Experts have flagged issues regarding the levying of new cess/tax, especially those related to complications in administering the cess.
Experts say the move will make matters worse for buyers, reports Karan Choudhury.
To save promoters from 10% levy, 70 firms call board meetings on interim pay.
The central bank's tough new rules spell major changes in the competitive landscape for financial services audits.
The Tata Group has close to 110 companies and Chandrasekaran plans to bring this number down to around five or six.
The study draws attention to the contribution of the Indian industry
Under political fire and ecologists' ire, the group hires Suhel Seth, who will work closely with the promoters and the social media, corporate communications and external public relations team.
Experts said the new framework has ensured that the focus has moved to creditor protection from debtor protection.
As billions of dollars flow into India's booming online economy, some investors are beginning to fret that soaring valuations could hamper market listings.
Flipkart might consider Singapore, too, as listing norms aren't very strict.
GST will lead to consolidation of multiple indirect taxes
Many consumer good companies say they will pass on the benefits to consumers, which will bring down prices.
Bakshi rejects McDonald's proposal to buy his stake in JV for Rs 48-50 crore
Analysts say consumers would be the real winners.
Women from promoter families who have become directors since January this year include Sarala Birla (Century Textiles, Century Enka), Nawaz Gautam Singhania (Raymond Group), Bina Modi (Godfrey Phillips), Saroj Bhartia (Jindal Drilling & Industries) and Deepshikha Khaitan (Cera Sanitaryware).
Regulators and investigators around the world have access to sophisticated tools making it possible to detect white collar crimes. This is where Indian investigators and regulators have been found wanting, says Sudipto Dey.
'The government has just scratched the tip of the surface with the recent announcement. They are not realising the gravity of the situation.'
Jaitley sets condition of 50% assets for applicability of capital gain tax.
'If Walmart is a physical retailer, why is it striking a deal with Flipkart for the online space?'
Tax department sends notices saying they are liable to pay MAT.
Before buying property, please carefully study the agreement with the builder, advises Sanjay Kumar Singh.
Foreign money has been pouring into India's fast-growing e-commerce sector, with investors ranging from Japan's Softbank Corp to Singapore's Temasek Holdings.
While hybrids, CNG and biofuels found favour in 2018 among many carmakers including Maruti Suzuki, Mercedes-Benz, Toyota and Honda, others such as M&M and Tata Motors have shown full faith in electric vehicles.
If any foreign account holder violates Indian laws, tax authorities can enforce repatriation of funds.
Decoding four important provisions in the Finance Bill 2018.
An unprecedented 740 Indian companies from industries as diverse as casting to agro-chemicals to coffee bars to regulars such as software and banking were involved in mergers and acquisitions and private equity deals worth $26.7 billion.
Three years after launching Big Bazaar Direct, Future group CEO Kishore Biyani's enthusiasm for online ventures has been tempered by growth concerns
Close to a million small shareholders have stake in nine NCLT-bound companies
Though the intent has been hailed as good for the economy, teething problems remain with a five-rate structure for various goods and services
'The web of transactions is so complex that it requires expertise to understand the strategies involved in each fraud.'
With Nexa, the value-for-money mass-market car maker hopes to attract premium buyers. Sangeeta Tanwar reports.
Consumers are set to gain from discounts.
The new law would boost home buyer confidence as well as investment in the realty sector.
A recent survey done by indianboards.com suggests that around 283 directors will retire by October this year.
Against estimates of black wealth of Rs 300 lakh crore and black money in cash of Rs 3 lakh crore by economist Arun Kumar, the PMGKY numbers fall short by a huge margin.
In September, Sebi had given a six-month extension to companies.
