Syngene shares zoom 17% even as firm’s Q4 net profit drops 19% YoY. What's driving the surge?Syngene shares surged despite a 19% YoY decline in Q4FY26 net profit to Rs 148 crore, as earnings rebounded sharply from Rs 15 crore in the...
30 Apr, 2026, 12.49 PM IST
Nandini Piramal warns prolonged West Asia war may raise input costsGeopolitical tensions in West Asia are manageable now. However, a prolonged US-Israel war against Iran could raise costs for petrochemical-...
29 Apr, 2026, 10.01 PM IST
Razorpay eyes IPO; Sarvam's $1.5 billion leapHappy Monday! Razorpay is planning an IPO at a lower valuation than its $7.5 billion peak. This and more in today's ETtech Morning Dispatch.
20 Apr, 2026, 09.24 AM IST
India's IT sector nervous as US proposes outsourcing taxThe sector is likely to be on the receiving end of a bill which, though unlikely to pass in its nascent form, will initiate a gradual shift...
11 Sep, 2025, 12.40 PM IST
US, don't aim HIRE & shoot US in the footSenator Moreno's HIRE Act, proposing a 25% tax on US companies outsourcing jobs, faces criticism for potentially harming US competitiveness...
09 Sep, 2025, 10.36 PM IST
Genpact flags Trump policies a riskEquity analysts are also attempting to parse the impact of tax reform, saying more clarity would come when the companies report their fourt...
07 Mar, 2018, 06.44 AM IST
IT clients in US cautious of Donald Trump's new tax regimeForeign companies introducing clauses such as pricing renegotiation in case of a tax hike and an easier exit policy.
10 Mar, 2017, 06.15 AM IST
Obama proposes tax on forex earnings to discourage outsourcingThe proposed move would make it a bit tough for US multinationals to ship jobs overseas and will give incentives to those who bring operati...
23 Feb, 2012, 04.20 PM IST
- Anti-outsourcing bill blocked in US senate
US Senate successfully blocked passage of an anti-offshoring bill that would have denied tax breaks to US cos which move jobs overseas.
29 Sep, 2010, 09.00 AM IST
- Outsourcing emerged as new business strategy in early 1980s
Apart from decreasing the management layers, outsourcing to a country with cheap labour also resulted in cost benefits.
20 Sep, 2010, 02.49 AM IST
- Tax breaks only to those who create jobs in US: Obama
Stepping up campaign against outsourcing, Obama asserted his administration would offer tax benefits only to those firms which will create ...
10 Sep, 2010, 10.34 PM IST
- Obama's move to end tax breaks not aimed at India
It may be great for domestic politics in the US, but for India it's poor timing, coming as it does ahead of his scheduled visit in November.
10 Sep, 2010, 10.24 AM IST
Indian companies unfazed by Obama's anti-outsourcing callExperts argue that such protectionist measures are short-sighted because US cos derive revenues from outside the country. Obama's speech | ...
29 Jan, 2010, 06.15 AM IST
Obama's tax will not impact BPOs: E&YObama's reference to Bangalore while proposing the move has made Indian firms jittery.
11 May, 2009, 02.41 AM IST
- Obama's tax worries pharma too
Apart from IT, the domestic pharma industry is also worried over President Obama's proposal to end tax breaks for US companies, which are e...
07 May, 2009, 10.09 AM IST
Obama's tax plan could push up outsourcing cost 50%US firms could see 50% rise in the cost of outsourcing business processes to India if President Obama's new tax proposals are accepted.
06 May, 2009, 01.05 AM IST
- US may end deferred tax on foreign income
Large outsourcing customers such as GE, Citibank might have to pay certain taxes on their income from international markets like India. Top...
02 Mar, 2009, 12.45 AM IST