India and Oman have updated their double taxation avoidance agreement, broadening the scope of permanent establishment to include digital and service activities. The revised agreement lowers withholding tax rates on certain payments and introduces a Principal Purpose Test to prevent…
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India’s workforce is large, but investment is lacking. Private sector expansion is low. Banks are less exposed to key industries. The Reserve Bank of India is trying to boost lending. Tycoons are distracted by their own issues. Smaller companies are…
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In an exciting move for the logistics sector, hyperlocal startup Shadowfax is gearing up to confidentially submit its draft prospectus for an IPO with SEBI, targeting a capital raise of ₹2,000-2,500 crore. Around 50% of this funding will stem from…
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Newspapers, television, websites, mobile apps — all flooded with IPO ads. Brokerage firms and analysts are buried deep in DRHPs, trying to decode them and produce sharp reports. Lead managers, merchant bankers, promoters — they’re out there hosting roadshows and…
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Schneider Electric is developing a 500,000 sq ft manufacturing facility for its IT Business at Horizon Industrial Park in Tamil Nadu. Executed in two phases, the project aims to boost production capacity and operational efficiency. The facility will incorporate eco-friendly…
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While 25 per cent of Indian family offices continue to prioritise wealth preservation, many are now actively diversifying into global and alternative assets, highlights the recently launched EY-Julius Baer report, The Indian family office playbook.
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