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AUSTRALIA BASED FOSTERS
Global drugmakers rush to boost US presence as tariff threat loomsGlobal drug companies are boosting U.S. production and stockpiling medicines. This is a response to potential tariffs on branded drugs. Com...- India spots an export champion in a sector tariffs failed to sinkIndia's seafood sector has demonstrated remarkable resilience, transforming a 50% US tariff into a catalyst for growth. Through strategic m...
- GIFT Nifty up 85 points; here's the trading setup for today's sessionBenchmark indices ended flat as India VIX surged 10%, signaling near-term volatility. Markets are expected to consolidate, influenced by ge...
- US Senators introduce bill to boost Quad space cooperationUS Senators Kevin Cramer and Michael Bennet introduced the Quad Space Act of 2025 to bolster space cooperation among the Quad nations (US, ...
- Indian Navy's P8I aircraft reaches Australia to participate in maritime operationsDuring its stay, the team from the Indian Navy's maritime patrol squadron, Albatross (INAS 312) is scheduled to engage with its counterpart...
- Australia's partnership with India should be 'far easier' to build than that with China: Tony Abbott"A partnership between two democracies such as India and Australia should be far easier to build than one between Australia and a one-party...
- Connectivity, counter-terrorism top agenda at Quad meetingThe idea behind reviving the informal grouping is to build a balance to China’s aggressive rise in Asia. India has resisted militarising th...
- Fosters SABMiller cross-border deal not taxable: Delhi High Court'In the absence of any specific provisions in the domestic law on the situs or location of intangible assets in India, the globally accepte...
- India, Aus sign pact for trade, investmentThe AIBC signed an MoU with Overseas Indian Facilitation Centre (OIFC) to foster understanding between the two sides.
- Foster's gets shareholders' nod for SABMiller saleShareholders of Foster's approved the scheme of arrangement with respect to SABMiller's takeover proposal by an overwhelming majority.
- Foster’s open to ‘sensible’ talks after spurning SABMillerFoster's Group is open to discussing bid with SABMiller after refusing to enter negotiations on the latters' A$9.5 bn offer.
- Foster's rejects $10B bid from SABMillerFoster's Group rejected an A$9.5-billion ($10 billion) cash offer from SABMiller as too low in what would be the biggest takeover.
- After Vodafone, I-T sleuths go after SABMiller; demand Rs 183 cr on Foster's acquisitionThe income-tax department has asked SABMiller, the second-largest brewer in India after the UB Group, to pay 183 crore on account of its 20...
- Vodafone order to affect IT claims on other cross-border transactionsThe Bombay High Court order will have a bearing on similar cross-border acquisitions on which the tax department has made claims.
- SABMiller Foster’s buy in tax netAfter telecom giant Vodafone, which was served a show-cause notice in October over its $11-bn acquisition of Hutch Essar, it’s now the turn...
- KPMG playing a crucial role in fostering Australia-India tradeA company that is playing a crucial role in fostering Australia-India trade is KPMG with almost 9,000 people collectively working in Austra...
- HC seeks I-T dept’s reply on notice to SABMillerIn a move similar to the Vodafone case, the Bombay High Court has asked the I-T department to file a reply on a notice it issued to SABMill...
- Foster's gets a tax hangover over SABMillerIn what could have serious implications for cross-border deals into India, the Authority for Advance Ruling (AAR), a quasi-judicial body, h...
- Foster's liable to pay tax on brand transfer to SabMiller: AARFoster's Australia Ltd will have to pay tax on its income from transfer of the Foster's brand and its trademarks in India to UK-based SABMi...
- Foster's says can't explain surge in share priceFoster's Group, Australia's biggest beer and winemaker, said it can't explain a surge in its share price that sent the stock to a record on...
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