Remya Nair
Stories by Remya Nair
Indian FM says state firms to buy back shares, target strategic sales once markets perk up
Finance minister Arun Jaitley says cash-rich PSUs could go for share buyback when prices are low and sell stakes when market improves.
India has a new law on bankruptcy
Along with the proposed changes in India’s two debt recovery and enforcement laws, it will be critical in resolving India’s bad debt problem, whic
India: NHAI eyes AIF route to ease funding for highway projects
Funding requirements for the highway sector have ballooned, given India’s target to increase road building to 41km a day this year.
India: Govt notifies relaxed FDI norms for asset reconstruction companies
In line with the announcement made in the Union budget, the government has notified the relaxed foreign investment norms in asset reconstruction compa
India: More B2B digital transactions to come under tax net
The equalisation levy is proposed initially for only business-to-business transactions and not on direct sales to customers.
India looks at framing watertight tax rules for global online firms
Alphabet, Facebook, Twitter and other online digital portals that get significant online advertisement revenues from India are expected to be impacted
India: IDBI Bank’s QIP plan to be revived
Move comes after finance minister Arun Jaitley in his budget speech stated the intention to pare govt’s stake in IDBI Bank to less than 50%
India Budget 2016-17: Insurance, pension FDI under automatic route
The move comes at a time when the government’s liberalization of the insurance and pension sectors has not brought in the desired results
