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A coastal city in the south is quietly powering India's AI futureVisakhapatnam is emerging as India's next AI infrastructure hub, attracting massive investments from tech giants like Google and Reliance. ...- Airline chiefs grapple with fuel shock, fare test at Rio summitGlobal airline leaders gather in Rio de Janeiro facing a tough recovery test. The Iran war is increasing fuel costs and disrupting flight p...
- From $22 billion to zero: Success, not failure, brought Byju downByju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The company's downfall stems from ...
- From billionaire to jail: Why Byju Raveendran is facing prison and how $22B startup with SRK & Messi as ambassadors crashedByju's founder Byju Raveendran has been sentenced to six months in jail by a Singapore court for contempt of court. The court cited his dis...
- India should now focus on FTA implementation, utilisation by exporters: ExpertsFor India to leverage its Free Trade Agreements effectively, a paradigm shift in strategy is imperative. Experts caution that the disparity...
- 'Nao' is the time: Why Diageo India is backing this Indian craft gin producerAnand Virmani, Co-Founder & Master Distiller, Goa-based Nao Spirits & Beverages, explains how they marketed India’s first craft gin, Greate...
- FDI key to India's aspiration to be a USD 5 trillion economy, says Deloitte CEOThe CEO of the top multinational professional services network said, "FDI, I believe, is the key to India's aspiration to be a USD 5 trilli...
- Live feed from foreign jurisdiction and money earned from that isn’t royalty: Tax rulingThe tax department on the other hand said that the entire income was taxable in India as per the India-Singapore tax treaty. The tax depart...
- India doesn’t have first right to tax shipping income of foreign companies under India-Singapore tax treaty: ITATThe ITAT upheld that only a resident state has a sovereign right to tax shipping income. ITAT ruled that under the provisions of India-Sing...
- Exceptions to indirect share transfer provisions introduced in 2015 applicable retrospectively: ITAT DelhiA Delhi bench of Income Tax Appellate Tribunal ruled that the exceptions provided under the indirect transfer of shares regulations should ...
- FPIs, PE funds get notices from AARMany PE funds and FPIs that had invested in India through Mauritius and Singapore had got a grandfathering benefit whereby they were allowe...
- Roadshows to lure investors for ConcorThey said investor interest is being determined through the roadshows, which will be followed by detailed expressions of interest and forma...
- India hopes to continue FDI growth story in 2020Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Guruprasad Mohapatra said that despite a slowdown in the g...
- Indian law firms agree to open doors for foreign peersThe entry of overseas law firms in India has long been staunchly opposed by local law firms, led by SILF.
- NSE, SGX may sign offshore trading pactNifty futures contracts on the SGX are popular among foreign portfolio investors.
- Deloitte audit of AirAsia India implicating ex-CEO Mittu Chandilya under lensThe Malaysia-based AirAsia group, its chief executive Tony Fernandes and others have been booked by the CBI on charges of criminal conspira...
- Air Asia: ‘Pressurised’ ex-CEO Mrithyunjay Chandilya not named in FIRThe investigation also alleged that Chandilya involved the airline’s employees in personal ventures such as the tennis team Bangalore Rapto...
- Digital revolution clears hurdles for Asia's emerging economiesAt the same time, the Philippines, India and Indonesia still have some of the lowest digital banking penetration rates in Asia.
- Probe alleges financial bungling at AirAsia India; Audit points fingers at ex-CEOMittu Chandilya instructed payments to a Singapore-based entity where no service was rendered and to an Indian firm which doesn’t exist in ...
- ASEAN will benefit more from FTA with India: DeloitteIndia's free trade agreement (FTA) with Asean will benefit the 10-nation bloc more according to Deloitte.
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