The CBDT has extended income tax exemptions for sovereign wealth and pension funds investing in India’s infrastructure until March 31, 2030. This move, formalized after an earlier announcement, aims to attract long-term global capital by exempting these funds from taxes…
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Reliance, led by Mukesh Ambani, plans to raise approximately 180 billion rupees ($2 billion) through asset-backed securities, potentially marking one of India’s largest deals this year. The securities, backed by loans from infrastructure and telecom divisions, will mature in three…
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While US Treasury Secretary Scott Bessent dismissed the SCO summit, telling Fox News it was “largely performative,” to other observers Xi has pulled off a meaningful shift in the balance of diplomatic power.
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The auto sector expects eased import restrictions, fostering a positive sentiment among Chinese companies towards India.
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The bench observed that invoking Section 212(1)(c) of the Companies Act, 2013 – the provision empowering the government to mandate an SFIO probe – was “not a routine administrative measure” but a serious statutory action with grave consequences.
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The Competition Commission of India (CCI) on Tuesday approved the Sumitomo Mitsui Banking Corporation’s acquisition of certain share capital and voting rights of Yes Bank.
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