Investments
Govt to block $1.3bn sale of Gland Pharma to China’s Fosun
01 Aug 2017
A pioneer in injectables, including vials, ampoules, pre-filled syringes, lyophilized vials, dry powders, infusions and ophthalmic solutions, Gland Pharma’s manufacturing facilities are accepted by all global regulatory agencies
Trump’s pick for India has close private equity links, say reports
22 Jun 2017
White House will need to ensure that Kenneth Juster avoids any conflict of interests when dealing with matters that involve his former firm and that will depend, in part, on whether he has any continuing financial ties to Warburg Pincus
Iran snubs India, awards Farzad-B gas field to Gazprom
07 Jun 2017
Since the lifting of the sanctions last year, Iran has been reluctant to award of rights to develop Farzad-B gas field to OVL and as the row escalated, India asked state-owned oil companies to cut imports from Iran by nearly 25 per cent
Local sourcing norms don’t apply to Tesla, India tells Musk
24 May 2017
The government on Tuesday clarified that the 30 per cent local sourcing norm applies only to retail business and not manufacturers
GAAR is here, govt unlikely to delay it further
22 Apr 2017
The taxes will be imposed at 50 per cent of the domestic rate of capital gains tax on foreign investments made from 1 April 2017 until 31 March 2019, and at full rate thereafter
Centre quietly opens door for foreign buy-out of Indian firms
20 Apr 2017
The changes in the Companies Act is a big gift to foreign companies looking for acquisitions as they can now look to acquire Indian companies with prior approval of RBI