A committee suggested that CSR expenditure be made tax deductible, in order to incentivise spending by companies. It also said that CSR should not be used as a means of resource-gap funding for government schemes.
Supreme Court had on October 24 upheld government contention that non-core revenue in telecoms groups should be included in adjusted gross revenue. According to DoT's calculations, Bharti Airtel faces a liability of around Rs 42,000 crore after including licence fees and spectrum usage charges while Vodafone-Idea may have to pay about Rs 40,000 crore.
Decision to build or buy a platform is a function of price but buyouts are helping large investors create a medium and influence outcomes.
In the first six months of the year, the average number of deals a month stood at 1,264, against 1,484 in the six months ended December 2012
From virtual yoga to empathy, the pandemic has prompted the e-commerce giant to double down on building innovations focused on improving remote work culture especially employee well-being, both mental and physical.
The unit of Reliance Communications may raise debt, equity
As the funnel of good-quality early-stage companies are built, mid-stage and growth capital always follows, says Fireside Ventures founder Kanwaljit Singh.
Trust today means more than the belief that a brands' products will work as advertised; consumers want to believe that the company truly cares for its customers.
Levying buyback tax at a flat rate of 20 per cent (plus applicable surcharge and cess), irrespective of the period for which shares are held will be a dampener for equity shareholders who take inherent risks while investing, says Hitesh D Gajaria, partner and head of tax, KPMG in India.
World's second largest mobile operator Vodafone Plc of UK on Tuesday sought FIPB approval to invest Rs 10,141 crore (Rs 101.41 billion) in raising its stake in the Indian arm to 100 per cent.
Leading the Indian-Americans on the list is 49-year old Aneel Bhusri.
Move to improve transparency but make liquidity more difficult to come by
The time is ripe for a merger of eight fund houses indirectly owned and controlled by the central government, says N Sundaresha Subramanian.
Big conglomerates of Japan, including Mitsubishi Corporation, Sumitomo Corporation, and Mitsui Group, are looking to both build and buy commercial properties in key Indian cities.
The government proposes to divest 76 per cent of Air India, along with its shareholding in Air India Express and its ground-handling subsidiary, AISATS.
News of all that's transpired on and off the football field.
DRs have shares as an underlying asset and are typically issued by a bank, known as the depository bank, on behalf of a company.
MindSquare Technologies is a group company of 1neoteric Technology.
Jet Airways Ltd said on Friday it made a profit in the June quarter compared to a loss in the year-ago period, helped by a drop in fuel expenses.
PE giants Apollo, Bain Capital and Advent International are keen to pick stake in Viom
As PM talks of lower lending rates, housing companies prepare to cash in.
Investments are at risk if operators are unable to resolve concerns of authorities and customers after the rape accusation.
With $120 billion worth of deals, 2018 was the best year on record. Many also blame frequent policy flip-flops and increasing tax scrutiny as big dampners for business.
Amazon has shot off yet another letter to market regulator Sebi, accusing Future Retail of insider trading and called for an investigation as the US online retailer looks to ratchet up pressure against the Future-RIL deal. Future Group, however, vehemently denied the charges, saying these allegations were "Amazon's ill-motivated attempts to throw everything at the situation to stultify the transaction."
Mauritius and Singapore account for the bulk of the $278 billion in foreign equity investments since 2000
Henry Kravis, co-Chairman and co-CEO of private equity giant Kohlberg Kravis & Roberts (KKR), which has over $195 billion assets under management and a balance sheet of $16 billion visited Mumbai recently for a closed conference where he shared his views on the new governor at RBI, what India needs to fix, and PE's prospects for the long term.
Airberlin passengers will be able to book flights to New Delhi, Mumbai, Cochin, Chennai, Hyderabad and Bengaluru with Etihad Airways, UAE's national carrier, the companies said in a joint statement.
The exploration and production assets of Essar Oil will not be part of the Rosneft deal and would continue to remain with the Group.
Sebi's move will help curb the illicit practice of keeping the parent company's account clean while maintaining debt in its subsidiaries.
Any transaction where the value of Indian assets exceeds 50% of the FTC would attract taxes in India.
HDFC Life has a balance between traditional policies and Ulips
Capital gains tax is no longer exempt even for investors coming via Mauritius, hence FPIs are now classifying it as interest income to save on taxes.
AIF partners with NGOs to develop and test solutions and with governments to create and scale sustainable impact.
Russian firms expand their footprint in India. And take bigger steps to do business with India's private sector.
FPIs would be classified into two categories instead of three, while the requirements for issuance and subscription of offshore derivative instruments would be rationalised.
Budget may bring exemption for those backed by Indian securities other than shares
Banks want government to retain 40 per cent of Jet slots at all airports to ensure a new owner can kick-start operations soon after taking over.
Amazon Prime leads the race to buy digital rights for Bollywood blockbusters with Hotstar and Netflix trailing far behind.
Other legal options include approaching the NCLT alleging mismanagement and oppression of minority shareholder