Jayshree P Upadhyay
Stories by Jayshree P Upadhyay
India: Shapoorji Pallonji group’s latest offer may not find favour with Tatas
Accepting the offer in the current form will risk giving the SP group more say in the listed Tata companies.
India: EOW Chennai registers FIR against Franklin Templeton
An FIR has been lodged for allegedly defrauding the 300,000 unitholders stuck in its six shut debt schemes.
India: Mistry family-led Shapoorji Pallonji may sell Tata Sons stake
Tata Sons shares have been held for decades by the Mistry group.
India: PE firm Tiger Global moves Delhi High Court against Flipkart tax ruling
The PE investor had claimed nil withholding tax on the capital gains made from the 2018 sale of its Flipkart stake to Walmart.
Indian govt to release draft report on new overseas listing norms
At present, a company incorporated in India can list on a foreign stock exchange only after it is listed in India.
Indiabulls Housing Finance raises $293m from Oaktree Capital
The fresh funds are expected to be used to meet payment obligations.
India: Tiger Global tax ruling setback to hit startup exits
The AAR rejected a petition by Tiger Global claiming tax exemption resulting from the 2018 sale of its Flipkart stake to Walmart.
Indian firms opting for delisting route as promoters seek freedom to rejig businesses
Anil Agarwal’s Vedanta Ltd was the first off the block since the coronavirus pandemic hit India’s economy.
India: PEs, VCs write to RBI for clarity on NBFC licensing
NBFCs have been facing a liquidity shortage since the payment default by Infrastructure Leasing and Financial Services Ltd in 2018.
India: Big-4 firms defer promotions, appraisals amid virus outbreak
They are trying to ensure they don’t have to cut jobs as many companies may not be able to honour payments.
