Firms have to adhere to strict compliance requirements mandated by global parents
The government introduced new tax rules on Wednesday aimed at reducing litigation with multinational firms over cross-border transactions the government considers tax avoidance schemes.
Governor Raghuram Rajan's move to cut the MSF rate, at which banks borrow if they exceed their repo borrowing limits, by 0.50 per cent to 9 per cent should not be construed as a reversal in his policy stance and is more of a normalising measure, Citi said in a note.
The task force will look at emerging markets, technology, regulatory and monetary policies, loss of trust in financial services, and financial inclusion.
Although the pricing for the IPO is yet to be finalised, people in the know said the band could be Rs 275-300
The IPO is expected to bring handsome fees for the selected banks at a time when billion-dollar listings have become scarce
Those scheduled to attend the five-day WEF Annual meeting, beginning January 21, include more than 40 heads of state or government, including those from the UK, Australia, Japan, Iran, Israel, Pakistan, Brazil, Italy, Mauritius, Republic of Korea and Switzerland, WEF announced on Wednesday at a press conference in Geneva.
Finance Minister Arun Jaitley on Monday said the NDA government has done more work to fish out black money than any other previous government in a short span of two years and all efforts are afoot to book those who have not taken advantage of the disclosure scheme.
The market breadth in BSE remains positive with 1,554 shares advancing and 1,196 shares declining.
Delaying action on climate change will hurt growth: Global CEOs.
It is not clear whether the drop in offers is a fallout of demonetisation.
Identity of 427 account holders abroad has been established and 250 of them have admitted to having accounts, Finance Minister Arun Jaitley revealed on Wednesday.
New York's main contract, West Texas Intermediate for February delivery, was up 22 cents at USD 98.64 in mid-morning trade while Brent North Sea crude for February rose 17 cents to $ 110.97.
AirAsia's rival airlines in India have kept themselves super-busy in the past few months -- by moving court against the former's launch, adding flights on the routes where AirAsia is operating, and engaging in a price war.
Investigations against black money holders in Swiss bank accounts, known as the HSBC list, have been put on a fast-track as the CBDT has asked tax sleuths to quickly gather all foreign-based evidences in these cases and render final action by March-end.
Based on the evidence at hand, Modi's goal of scripting a broader, lasting upturn appears some way off, says Rajesh Kumar Singh.
Raising the issue during Zero Hour, he said SBI has signed an MoU pledging one of the single largest loans to a corporate house despite five international banks refusing to lend to the Adani project.
The company will finalise the final pricing for allotment of shares later.
UBS reduced its Nifty target to 8,600 by December from 9,200.
Morgan Stanley says favourable factors will push Sensex to 32,500 level by December.
Industrialist Yash Birla, as also two Mumbai-based individuals behind City Limousines scam, are among five Indian nationals with Swiss bank accounts.
While money is among the key reasons why employees move to a new company, a strong company culture can also attract employees.
Balance transfer is a facility in which you can transfer outstanding balance from one credit card to another. It works well if you have multiple cards.
The moves by the RBI, announced late on Wednesday, should increase supplies of gold and brighten the earnings outlook for jewellery makers after the government took tough measures to curb imports last year, analysts said.
n New York market, the dollar posted second-quarter losses against nearly all major rivals yesterday, with the exception of the euro.
The RBI is working to nudge large foreign banks with 30 or more branches in India to get incorporated locally.
British Prime Minister Theresa May will be in India tomorrow, but Cyrus Mistry will no longer head the Indo-UK CEO forum.
Five of the 10 best-paid independent directors belonged to the Tata group, followed by four from Reliance Industries and one from Wipro.
The markets will be eyeing the amendments.
Irrespective of demonetisation and GST blues, IIM Lucknow has been able to successfully place their batch of 459 students.
Like their international peers, Indian CEOs too have a significant portion of their incomes coming from stock options and performance-linked bonuses
The Income Tax department has sent a detailed questionnaire to about 50 individuals and entities figuring in the list of those allegedly holding offshore assets in tax havens.
India's highest ranked squash player and World No 15 Saurav Ghosal and women's No 1 seed Joshna Chinappa toyed with their respective rivals to defend their titles successfully in the 38th Bombay Gymkhana-HSBC Maharashtra State Open Senior Squash Championship in Mumbai on Saturday.
Markets recorded their biggest single-day fall since August 1 amid growth concerns in the euro zone.
The SIT on black money has widened its probe.
Investors watch out for cues from the on-going winter session of the Parliament.
