BDO India in talks with private equity companies to raise growth capitalBDO India is in talks with private equity firms to secure growth funding. This move follows Grant Thornton Bharat's similar pursuit. BDO In...
Professional services firms seek PE money to expand as scale becomes a necessityGrant Thornton Bharat is in discussions with multiple funds to secure private equity, mirroring a global trend in professional services. Fi...
Paris, Milan become the new favourite shopping destinations for travellers after London's 'Tourist Tax'After Brexit, the UK discontinued tax-free shopping incentives, leading thousands of tourists to redirect their shopping to Paris, Milan, a...
Bleak UK shopping and borrowing data underscore challenge for new PMData published on Friday added to signs that Britain's economy faces a recession which could be deepened by new finance minister Jeremy Hun...
What are the new rules for determining NRI status in India and how income will be taxedTill the end of FY 2019-20, NRIs (including Indian citizens and PIOs) included those who visited India for less than 182 days in an FY. The...
Budget 2019 highlights for common man: What it means for youThe hike in the tax surcharge will affect only super-rich taxpayers earning over Rs 2 crore. But a few other proposals are aimed at small t...
Was the SEBI action on PwC justified?Sebi roiled the small world of auditors & auditing firms in India and across the globe with its 2-year ban against the entities and firms a...
Home in on a property abroad, the right wayOwning a place in a foreign land is not an easy task. From a host of legal issues to taxation laws, you really need to keep your eyes wide ...
Why BPO firm EXL is growing faster & performing better than peersA conservative approach to buyouts is helping the BPO firm grow faster & perform better than some peers.
- Malaysia's Petronas benefits from SEBI order on Cairn-Vedanta deal
Petronas is probably an indirect beneficiary of SEBI's condition that Vedanta scrap a provision to buy more of Cairn India, if Vedanta did ...
- Quatrro eyes PE funding for buyouts
Raman Roy-led Quatrro BPO Solutions is planning to raise $100-150 million from private equity firms to fund acquisitions.
- Financial services cos eye mutual fund industry
Depressed market or not, over 15 financial services institutions are warming up to take the plunge into the Indian mutual fund industry ove...
- 'EET regime will encourage savings'
Sources added that the broad contours of exemptexempt-tax (EET) were put into place a few months ago by former chairperson of the Central B...
- Ambit RSM may be on the block; talks on with UK co
Ambit RSM, the largest after the Big Four accounting firms in India, is in talks with UK-based BDO International for a possible merger or a...
- Godrej Foods set to acquire Nutrine for Rs 270 crore
Godrej Foods and Beverages, the foods unit carved out of two other Godrej group companies, is set to buy Nutrine Confectionery for about Rs...