Cairn Energy withdraws all lawsuits against Indian government, to get Rs 7,885 crore tax refund

The company had agreed to drop cases against the Centre in September after it agreed to give the refund.

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· Jan 06, 2022 · 02:45 pm

Sony Pictures, Zee Entertainment sign deal to merge TV channels, film assets and streaming services

Sony will hold 52.93% stake in the merged company whereas Zee will have 47.04%.

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· Dec 22, 2021 · 01:09 pm

Economist Gita Gopinath appointed as IMF’s first deputy managing director

This is the second-highest position at the global economic body.

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· Dec 03, 2021 · 01:30 pm

Cairn Energy agrees to drop cases against India in exchange for $1.06 billion refund

The company had moved international courts to seize Indian properties in foreign countries as a result of a tax dispute.

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· Sep 07, 2021 · 06:28 pm

US not looking for a new trade agreement, says Union minister Piyush Goyal

In such a trade deal, partners cut down on tariff-related hurdles on a specific number of goods in order to boost trading.

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· Aug 20, 2021 · 11:39 am

Piyush Goyal says industry practices against country’s interest, criticises Tata Group: Report

The commerce minister made the remark at the Confederation of India Industry’s annual meeting. The video of his remarks was taken down.

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· Aug 14, 2021 · 12:21 pm

Twitter India head Manish Maheshwari will move to US as company’s senior director

Kanika Mittal, the current head of sales, and Neha Sharma Katyal, who leads the business department, will co-lead Twitter’s revenue and sales in India.

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· Aug 13, 2021 · 07:47 pm

Government undid a mistake of the past by scrapping retrospective tax, says PM Modi

The prime minister said the move to rescind the contentious retrospective tax law of 2012 will increase the trust between the Centre and the industry.

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· Aug 11, 2021 · 06:43 pm

Centre introduces Bill to nullify retrospective tax, provide refund in cases where it has been paid

The tax has been at the centre of disputes between the Indian government and firms like Vodafone and Cairn Energy.

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· Aug 05, 2021 · 07:08 pm

Kumar Mangalam Birla steps down as Vodafone Idea chairman and director

Stocks of the crisis-hit telecom operator fell 18.51% and hit an all-time low in Wednesday’s trading.

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· Aug 04, 2021 · 08:40 pm

Vodafone loses over Rs 2,700 crore in market cap after KM Birla offers to give his stake to Centre

In a letter, Birla told the government that he was willing to hand over his 27.66% stake in the debt-laden firm to any entity that could keep it ‘going’.

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· Aug 04, 2021 · 11:02 am

Depositors will be paid up to Rs 5 lakh within 90 days of banks being put under moratorium: Centre

The finance minister said that 98.3% of all bank accounts would be fully protected by the law.

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· Jul 28, 2021 · 06:37 pm