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.
Loss-making Nokia gains full control of the profitable venture Nokia Siemens Networks for $2.2 billion, a cheaper than-expected price, analysts said, although they also noted the acquisition would put pressure on Nokia's balance sheet.
'Reports of hitherto 'atmanirbhar' breadwinners having to stand in line for a plastic bag of khichdi or, travelling thousands of kms with nothing but packets of biscuits, have not moved the prime minister,' observes Jyoti Punwani.
'By equating slaughter with cruelty, you are paving the way for all other animal slaughter to be stopped in the future.'
Stay away from your phone until you are done with breakfast. Respond to your e-mails at fixed times. Read a book or practise five minutes of mindfulness.
The Parliament was rocked by Telangana issue again on Monday, prompting Lok Sabha Speaker Meira Kumar to take the unprecedented step of suspending nine members from Andhra Pradesh for five days, the second time in the same session.
Trump's tweet comes after Kim Jong-un blasted the US President Donald Trump as "mentally deranged" and vowed to make him pay dearly for threatening to destroy his country.
Sahara relied on a letter from bank saying the funds were there.
The company was awaiting clarification from the Reserve Bank of India on data storage before it took a final call on data localisation.
'The problems the rest of the world is struggling with -- the future of work, expectations from government and business in a world without jobs -- will be solved in India, by young Indians, before anyone else,' says Mihir S Sharma.
Sun Pharmaceutical Industries will take a call on whether to shut Ranbaxy's troubled factories or make changes in the top management of the latter only after its $4-billion acquisition deal is complete.
Referring to her party's pre-poll alliance with the Samajwadi Party in Uttar Pradesh, she said it was based on "mutual respect" and "honest intentions", adding that "the SP-BSP alliance is perfect enough to defeat the BJP, especially in Uttar Pradesh.
The company faces $3-bn payout to Econet Wireless.
'A CEO is successful if he is able to retain the confidence of his shareholders. And the shareholders of India Inc have backed their prime minister-CEO to the hilt,' says Sudhir Bisht.
Vadra launched Skylight Hospitality four months after the DLF shares got listed, amid complaints of inadequate disclosure from investor associations and former business partner Kimsuk Krishna Sinha.
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
Gold is the first product for options trading that markets regulator Sebi has allowed after 14 years of commodity exchanges in the country.
While BJP members moved into aisles shouting slogans and demanding an apology from Azad, Congress members too rushed into the Well raising slogans demanding an apology from the prime minister.
Court cases likely over interpretation of the new levy proposed in the Budget for digital economy.
Both Houses adjourned till Wednesday amid din.
'The low tax to GDP ratio of the country will go up, helping the government to adhere to fiscal discipline and keep inflation in check.'
Son-in-law of Congress president Sonia Gandhi, Robert Vadra said he was being "singled out" and "lies" were spread about him.
A 15 per cent corporate tax rate for services companies in SEZs, setting up a fund for deep-tech startups and establishing clusters to demonstrate design-to-manufacturing capabilities of tech firms were some of the key demands made by the IT sector at the pre-Budget consultation on Monday. The participants shared their views and suggestions regarding Big Data, incentives for encouraging setting up of data centres, fiscal incentives for data localisation, incentives for pushing digital penetration in rural areas, and corporate guarantee to startups for competing with other nations.
Unlike some of India's largest online retailers like Flipkart, Amazon, Myntra and Jabong, which are very secretive about their data and use it to cut better deals with brands than their competitors, the Nykaa monetising its insights. If it is is able to do so without giving away any of its advantages to competitors, it could be on to a winning model.
World football body FIFA put Jerome Valcke, its second-ranking official, on leave on Thursday just hours after an ex-footballer raised allegations he was involved in a plan to resell 2014 World Cup tickets for a lucrative profit.
'When you come through the hassles and struggles of business life, your mind is wired differently.' 'You are more connected to reality,' Akali Dal MP Naresh Gujral tells Rahul Jacob and Archis Mohan
In its letter, finance ministry has pointed to sections 35, 35A and 36 of the Banking Regulation Act, 1949, to highlight the powers and functions of the RBI as regulator
The culture of these firms is alien to the Indian financial system. Distressed assets funds are known for their ruthless recovery ethics. Slicing and dicing a company and selling it on a piecemeal basis is their usual practice. This is something Indian banks are finding a little uncomfortable.
Pandemonium over Telangana and some other issues paralysed Parliament for the fourth working day on Monday as members created uproar leading to repeated adjournments of both the Houses.
According to Knight Frank, in the second half of 2015, launches will be down 52 per cent (from 37,643 in the second half of 2014) to 18,000, while absorption will improve 24 per cent.
Holding that transparency, predictability and upholding the rule of law are essential for better ties, a senior American diplomat today said the US is keen to restart work on a Bilateral Investment Treaty (BIT) with India for deepening economic relationship.
The suspension of 25 Congress members on Friday again led to protests by MPs from the Left, Samajwadi Party and Rashtriya Janata Dal, who raised slogans and staged a walkout of the Lok Sabha proceedings.
Despite a temporary relief, foreign investors still see the sword of double-taxation hanging above their hard earned returns.
Opposition members kept on shouting 'Pradhan Mantri sadan me aao'.
Sebi directs freezing of all demat accounts not linked to Aadhaar by December 31
'Slowly, but surely, India will move towards a low-cash economy.'
Once again, tax demands on foreign investors cause worry.
After the recent attack on debit cards exposed the gaps in their security systems, banks are getting serious about data privacy.
Joveo is not like Monster or Naukri.com!
'Flush with funds, lending became a cash management exercise.' 'Road projects, power generation plants, airports etc were financed left and right with apparently no regard for the projects' ability to repay,' explains S Muralidharan, former managing director, BNP Paribas.
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