Take a dip in water with Bollywood!
Cement major Gujarat Ambuja Cements Ltd on Monday said Holderind Investments Ltd (Holcim Mauritius) has 14.8 per cent stake in the company.
GAAR will not override the recently revised double taxation avoidance agreements with Mauritius and Singapore.
Eminent Indian-origin academician Srikant Datar has been named as Dean of Harvard Business School, succeeding Nitin Nohria and becoming the second consecutive dean hailing from India to lead the prestigious 112-year-old institution. Datar, an alumnus of University of Bombay and Indian Institute of Management, Ahmedabad, is the Arthur Lowes Dickinson Professor of Business Administration and the senior associate dean for University Affairs at Harvard Business School (HBS). He will assume charge as the school's next dean on January 1, president Larry Bacow said.
Dr Somaiya also said that Ali is facilitating few other major political leaders.
In 2012, India attracted $22.78 billion of FDI, according to the data by Department of Industrial Policy and Promotion.
The market regulator is seeking help from its peers in Mauritius, the UK and the US to solve the high-profile money laundering case involving Sahara chief Subrata Roy.
Carrier International Mauritius Ltd and Global Investment Ltd are looking to buy over 45 lakh shares in domestic IT services firm Infotech Enterprises, for nearly Rs 162 crore (Rs1.62 billion).
The bilateral talks took place as the formal heads of government meeting got underway in London on Thursday, following a formal launch by Queen Elizabeth II at Buckingham Palace.
Senior Congress leader P Chidambaram's son Karti's name has also cropped up in the case
One of the key concerns of foreign investors is how the general anti-avoidance rule would apply in case an investor is availing benefits under double taxation avoidance agreement.
The South Asian nations could script a new history of cooperation and prosperity that could serve as an example for other nations, notes Dr Rahul Mishra.
WCP Mauritius Holding, an investment vehicle promoted by former World Bank president James Wolfensohn, has bought a minority stake in India's ethnic wear company Fabindia for about $11 million, a Financial Times report said.
The top posts on social media from your favourite Bollywood celebrities.
Temasek Holdings, the Singapore government's investment arm, has sold its entire 5.26 per cent stake in healthcare major Apollo Hospitals Enterprise for Rs 133.68 crore (Rs 1.34 billion).
Bollywood actor and co-owner of Indian Premier League franchise Kolkata Knight Riders, Shah Rukh Khan has been summoned by the Enforcement Directorate for forex violation.
According to the Zeitgeist charts released by the search engine giant Google Indians looked for these travel destinations in 2013.
The case is related to the alleged irregularities in granting clearance by the Foreign Investment Promotion Board to INX Media, once owned by Peter and Indrani Mukherjea, for receiving overseas funds to the tune of Rs 305 crore.
Billionaire Gautam Adani's Adani group on Monday said it has reached an agreement to acquire GVK group's shareholding and control of Mumbai airport.
Medals tally of the 2018 Commonwealth Games in Gold Coast.
Check out India's schedule on Day 3 of Commonwealth Games.
Check out India's schedule on Day 8 of the Commonwealth Games in Gold Coast, on Thursday.
India cannot choose its geography and devise regional strategies to dovetail into the Western Indian Ocean hypothesis conceived in the Pentagon, argues Ambassador M K Bhadrakumar.
The senior Congress leader's role has come under the scanner of investigating agencies in the Rs 3,500-crore Aircel-Maxis deal and the INX Media case involving Rs 305 crore.
Face Rs 1,000-cr minimum alternate tax demand
'In our country, Hindus and Muslims live like brothers,' says the Mauritius Vice President in an exclusive interview.
Whatever the critics may say, the numbers suggest that India continues to be a favourite destination for foreign investors.
FinMin had, recently, notified changes in FDI rules that made prior approval of the government mandatory for foreign investments from countries that share a land border with India. Hong Kong was ranked 14th on the list of countries with FDI flows to India, contributing $4.2 billion between April 2000 and December 2019, the data from DPIIT shows. India received FDI worth $2.34 billion from China in the same period.
Efforts to initiate a double taxation avoidance agreement with Singapore has hit a roadblock. This is because of Singapore's reluctance to include an information-sharing clause in the agreement.
L&T-Infrastructure Development Projects Limited will divest 21.6 per cent stake to Silver Peak Investments (Mauritius) and an India Development Fund-led consortium for Rs 550 crore.
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Bank of America Merrill Lynch and JP Morgan are bankers for the bonds
As noted in January, flying with VIPs like the President, Vice President, Prime Minister etc is both onerous and fun.
The Central Bureau of Investigation on Thursday questioned advocate Gautam Khaitan, former board member of Aeromatrix, in connection with the bribery allegations in the Rs 3600-crore VVIP helicopter deal.
"We won't shift the search area as this was confirmed by our experts based on the drift patterns of the recovered debris," Transport Minister Liow Tiong Lai said.
Hailing the Supreme Court verdict on tax exemption to Mauritius-based companies, the finance ministry said on Wednesday that it would help in higher inflow from foreign institutional investors.
Its obsession for growth, chasing corporate clients and giving up its original mandate of meeting the needs of local trade and businesses. A quarter of its loan book has gone bad. That's an error of business strategy, points out Tamal Bandyopadhyay.
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