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ROYALTY LIABILITY
Palantir stock just delivered its fastest growth ever: why Palantir Technologies (PLTR) is outpacing Nvidia (NVDA), AMD (AMD), and Intel (INTC) — and why this AI rally is far from overPLTR stock surges after 85% revenue growth as Palantir Technologies beats estimates and raises outlook. Palantir stock is outpacing Nvidia ...
How managements hide debt, losses, and disputes without breaking a single accounting rule – and take investors for a rideA listed company rarely operates alone. Behind it can sit a web of subsidiaries, step-down entities, associates, overseas arms, and special...
LG Electronics IPO under lens after InGovern flags Rs 4,717 crore tax and royalty risksLG Electronics India’s Rs 11,607 crore IPO, a 100% offer-for-sale by the Korean parent, faces scrutiny after InGovern flagged Rs 4,717 cror...
Government bails out ONGC, Oil India of Rs 22,000 crore royalty liabilityONGC sold crude oil to PSU refiners at a discount since 2003-04 on government directive so as to help partly subsidise petrol, diesel, LPG ...
ONGC, Cairn face Rs 1,922 crore service tax on royalty paymentsCBEC is using the logic that since service tax is leviable on wireless spectrum, which is a natural resources, the same should extend to oi...
ONGC may have to pay crores in extra royalty to centre, statesCourt has ruled that ONGC should pay an additional royalty of Rs 8,000 cr to Guj upon calculating the levy on the basis of the market price...
- Tough choice for Vedanta as GoM adds riders to Cairn India deal
Vedanta will have to decide if it should continue to pay Rs 405 per share or USD 6.65 billion for buying 40 per cent stake in Cairn India.
- GoM sets stringent conditions for approving Cairn-Vedanta deal
The GoM recommended that Cairn withdraw the cess arbitration and agree to pay its share of cess as the second pre-conditions for approval.
- ONGC's actual loss from Rajasthan fields only $564 mn: Cairn
ONGC's claim that it will incur an actual loss of Rs 14,250 crore (USD 3.16 billion) on the Barmer oil block in Rajasthan has been conteste...
- Cairn India says will not accept any term hitting its value
Cairn India today said it will not accept any government condition that will negatively impact its value.
- ONGC issue must be addressed before clearance to Vedanta: Govt
Oil Secretary S Sundareshan had yesterday met chief executives of Vedanta and Cairn Energy, which is selling most of its stake in its India...
- No pre-condition for approving Cairn-Vedanta deal: ONGC
ONGC is obliged to pay royalty on entire crude oil produce from the blocks. The royalty-liability makes the project a losing preposition fo...
- Govt unlikely to clear Vedanta-Cairn deal in a hurry
The government is unlikely to clear London-listed Vedanta Resources' acquisition of majority stake in Cairn India in a hurry.
- I-T Dept asks Microsoft to pay Rs 700 cr tax
Software giant Microsoft has to pay about Rs 700 cr as income tax, including interest on royalty income generated from sale of software in ...
- Comma in royalty definition turns into Rs 200-cr liability
What’s in a comma? A lot, if you are a corporate and fighting a case relating to royalty tax.
- Sometimes, a comma can cut you both ways
What’s in a comma? A lot, if you are a corporate and fighting a case relating to taxation of royalty.
- Pesticide multinationals may get royalty for data sharing
The Satwant Reddy panel of secretaries, which recently decided to protect multinational pesticide makers like DuPont and Bayer against the ...