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Hutchison Whampoa

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Walmart's $16 bn Flipkart buy is the biggest deal this year

Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company US retailer Walmart's buying 77 per cent stake in Flipkart for $16 billion is the biggest acquisition......

CBDT shelves proposal to tax India-dedicated funds

CBDT circular issued last month had raised multiple taxation concerns.  Foreign portfolio investors can now breathe easy, with the income-Tax department on Tuesday keeping in abeyance its......

Essar not exiting oil & gas business: Ruia

The exploration and production assets of Essar Oil will not be part of the Rosneft deal and would continue to remain with the Group After striking the deal to sell its oil refinery to Russia's......

Gripping tale of an iconic businessman

Over the years, Mr Singh has got in and out of innumerable businesses, cutting across sectors. He is one businessman who I have always found to be in a start-up mode, says Bhupesh Bhandari.......

Supreme Court admits tax appeal against Vodafone

To decide whether capital gains on surrender of call options are taxable The Supreme Court on Friday admitted an appeal by the Income Tax Department against a Bombay high court order rejecting its......

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