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ROYALTY FEE HIKE
Nepal ends solo expeditions on Mount Everest, other 8000-metre peaksNepal has implemented new regulations requiring one mountain guide for every two climbers on peaks above 8,000 meters, including Mt Everest...- NMDC increases iron ore prices by over 18 pc since AugustNMDC has announced a new price hike for iron ore starting from October 23. Lump ore is now priced at Rs 6,350 per tonne, an increase of 10....
- Nestle India declares Rs 2.75 interim dividend for FY25; shareholders approve ongoing royalty fee to parentThe interim dividend for the financial year 2024-25, along with the final dividend for the 15-month period ending March 2024, will be distr...
- Nestle India shareholders reject proposal to hike royalty to parentMajority of Nestle India shareholders reject proposal to increase royalty payout to Swiss parent Nestle SA. 57.18% shareholders voted again...
- No more royal treatment for Indian arms of MNCs as govt doubles tax on royalty, fee for technical servicesApart from hitting companies with parents in jurisdictions that do not have a tax avoidance treaty with India, the move also makes it possi...
- Royalty payments to UK parent in HUL's interest: CEO Sanjiv Mehta"Royalty grants us the right to use Unilever-owned brands and access to Unilever's cutting-edge technical knowhow, world class R&D and inno...
- HUL shares fall on royalty fee hike even as many cheer Q3 numbersMotilal Oswal said operating performance was in line with expectations and that "royalty increase was not a concern". Recovery in rural dem...
- After 10 years, parent Unilever hikes royalty fee for HUL by 80 bpsThis is the first such hike undertaken by the parent firm after 10 years. The prior agreement with the parent for technology, trademark lic...
- Fitch sees no change in OIL rating post royalty math revisionAs per Fitch estimate, OIL will need to pay a one-time royalty fee of around Rs 1,150 crore, amounting to about a quarter of its projected ...
- Consultations underway on revision of royalty rates on coalThe royalty rates on coal and lignite were last revised in 2012 and the next revision can take place only with effect from May next year, a...
- Government forms panel to study revision of royalty rates on coalThe govt has constituted a panel to consider revision of rates of royalty of coal which is at the present 14% ad-valorem on price of the fo...
- Anand Sharma favours curbs on royalty payment to MNCsThe government is considering to re-introduce restrictions on such payments by foreign companies to their parent entities.
- Mining royalties set for significant hikesReviewing royalty on major minerals - an exercise carried out by the central government every three years - the study group recommended a 5...
- Budget 2013: Tax for NRIs receiving royalties/ fees from India to go upBudget 2013 saw a steep hike in the tax rate on royalties and fees for technical services that an Indian company pays to a NRI or a Foreign...
- Budget 2013: Higher royalty to hit MNCs' Indian armsHowever, the applicable rate would be the rate of tax stipulated in the Double Taxation Avoidance Agreement (DTAA).
- 89% minority votes against royalty hike at Holcim unitsHolcim’s Indian subsidiaries ACC and Ambuja Cements have obtained approval for the contentious resolution to hike royalty fees.
- ACC & Ambuja Cements: Small hike in royalty a relief for investorsRoyalty payment to parent Holcim, recently approved by the respective boards, will have only a marginal impact on the earnings of ACC, Ambu...
- Spectrum fee for community radio: roll back likelyThe government may not implement its earlier decision to hike spectrum usage fee for community radio, giving a major relief to the fledglin...
- Apple's online iTunes store dodges music royalty hikeApple dodged a potentially deadly financial bullet on Thursday when US judges held steady on digital music royalties paid by iTunes online ...
- Apple warns music royalty hike could kill iTunesApple has warned that a hike in digital music royalties being considered by US could be a death knell for its iTunes online shop. New iPod ...
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