Zepto is in talks to sell up to USD 250 million in shares, aiming to increase Indian ownership ahead of a potential IPO. This secondary sale, involving private equity firms Motilal Oswal and Edelweiss, will help boost Indian investor stakes…
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Amid concerns about the impact of US tariffs, CII urges companies to focus on enhancing competitiveness. Jamshyd Godrej emphasizes the need to scale up manufacturing to match China. Indian industry needs to break free from tariff fixation and improve manufacturing’s…
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Foreign companies in India face significant tax disputes, including Samsung’s $601 million penalty for tariff evasion, Volkswagen’s $1.4 billion tax notice, and Kia’s $155 million tax issue over misclassified imports. Other cases involve Vodafone’s $2 billion tax demand, Cairn Energy’s…
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President Trump plans new tariffs on cars, aluminum, and pharmaceuticals. India pursues foreign companies like Samsung and Volkswagen for back taxes on misclassified imports. These tax demands have raised concerns among foreign investors, yet Skoda Auto plans to invest in…
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Finance Minister Nirmala Sitharaman, on Tuesday, underscored the Union government’s commitment to providing tax certainty and streamlining business regulations as part of the broader vision to build a Viksit Bharat by 2047.
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Devendra Kumar has assumed charge as Director (Finance) and Chief Financial Officer (CFO) of Mangalore Refinery and Petrochemicals Ltd (MRPL), the company said in a statement.
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