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.
India is set to sign an agreement with the US to resolve transfer pricing disputes, which will then serve as a template for settling such rows with multinational companies based in the UK, France and other European countries.
SSTL is the second operator after Vodafone that has approached FIPB for raising FDI limit.
Facebook has launched an 'internet.Org' initiative
Falling revenues, increased capex, and first full year of spectrum debt may make things worse
If companies get into trouble, the loan becomes a non-performing asset and "we very much want these assets to be back on track," Raghuram Rajan said.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Sibal said that Trai had compared India with China.
Letter to telecom secretary alleges Jio is masquerading full-blown services in the guise of a trial; no word from Reliance.
Ford said it had also shut its plant, with an annual capacity of 340,000 engines and 200,000 vehicles.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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Reliance, Birla Group, Airtel eye small finance banks.
Till now, Jio was primarily targeting the prepaid customer base, with only a few post-paid plans. Now, it is targeting post-paid customers, who usually spend over five times their prepaid counterparts and are more company-loyal.
The company is targeting 100 million subscribers in shortest possible time, RIL Chairman Mukesh Ambani said
Telcos may hike mobile rates to recover spectrum cost: Moody's
If a name does not unify the three, there could be continued clash of identities, which could splinter the brand even before it takes shape, say Abhijit Lele and Nikhat Hetavkar.
'The BJP has shown signs lately of returning to its trader mindset.' 'Several strong emotions get meshed in this: Nationalism, protectionism, mercantilism, and arrogance,' points out Shekhar Gupta.
The 0.5 per cent Krishi Kalyan Cess (KKC) on all services increases the total tax chargeable on services to 15 per cent, making it expensive to dine out or travel.
'We always believe that if you focus on the goal, you will overcome all obstacles. If you focus on the obstacles, you will never achieve your goal.'
Airtel has pitched for a hike in mobile and data tariffs.
In August, RBI allowed 11 business houses to start a payments bank.
While Reliance has the clout to negotiate prices with suppliers for its e-commerce, not to forget the cost advantage of integrated warehouse and supply chains, Amazon and Walmart are no pushovers, they too have deep pockets.
With the industrial production dragging the overall growth down, it said the government must also focus on the manufacturing sector by reducing the "infrastructure deficit".
Govt's revenue estimates may take hit on spectrum sharing, trading deals
This will be the first time BJP's prime ministerial candidate holds a discussion with IT, telecom czars.
E-commerce companies have understood the importance of having their own in-house wallet, explaining their acquisition spree, says Manoranjan Mohapatra.
Airtel already offers services in Sri Lanka, Bangladesh and 17 African countries apart from India.
The arbitration clause is present in almost 95 per cent of corporate agreements, according to tax and audit firm Ernst & Young.
All of these companies are present in India.
Piramals are the largest investors in the Indian real estate sector after HDFC, with investments worth $3 billion already.
Telco sector has been been cutting back on freebies and discounted minutes to maintain profitability.
Earlier, there was one giant in Finland, now, there are two - Nokia and Microsoft, said Alexander Stubb, Finland's minister of foreign trade.
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SBI will hold 30 per cent in RIL joint venture
Last August, RBI gave in-principle approval to 11 applicants.
The Department of Post, Tech Mahindra, Videocon Group and stock exchange NSE have joined big corporates like Ambanis and Birlas to seek entry into banking business through newly created niche category of Payments and Small Finance Banks.
The trip was more about understanding the Indian market, but was also about signaling to the world that Apple has arrived in India
Demanding withdrawal of the decision, the Communist Party of India said the government had opened up telecom sector when the country was 'yet to overcome the loot and losses due to 2G spectrum scam'.
'India is still a cash economy.' 'For a common household, almost everything from grocery to maid services is paid in cash.' 'The demonetised notes account for 85 per cent of the currency in circulation.' 'Until fresh notes flow back into the economy, day-to-day transactions ordinarily done in cash will be impacted.'
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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