Arun Jaitley was speaking after the finance ministry decided last week not to press claims for a Minimum Alternate Tax (MAT) against foreign portfolio investors. India remains locked in major back-tax disputes with telecoms group Vodafone and Cairn Energy.
Posts tagged MC
India seeks to resolve tax disputes quickly: Arun Jaitley (09-09-2015)
Hero Motocorp rises 2%, Colombia plant starts operations (09-09-2015)
“Hero Motocorp’s MD CEO Pawan Munjal and Juan Manuel Santos, president of Colombia inaugurated manufacturing facility at Villa Rica, in Colombia today,” said the world’s largest two-wheeler manufacturer in its filing.
Sensex, Nifty maintain strong uptrend; Nikkei ends 7.7% up (09-09-2015)
The broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices gaining 2 percent each. About 1803 shares have advanced against 534 shares declined on the Bombay Stock Exchange.
Marginal exposure to Amtek Auto; no SDRs: Karur Vysya Bank (09-09-2015)
About Rs 16,000 crore loans and bonds of Amtek Auto, which provides ancillary parts to Maruti Suzuki, are at stake. The company’s rating has been downgraded to C in August, from A + on weak financial fundamentals.
ABG Shipyard lenders may take over if Privinvest deal fails (09-09-2015)
ABG Shipyard has had its fair share of issues with respect to trying to stay afloat. The company’s Rs 11,000 crore debt restructuring package was cleared in March 2014 by a consortium of 22 lenders under corporate debt restructuring (CDR).
Gold monetisation, spectrum trading on Cabinet’s agenda (09-09-2015)
The Cabinet will be meeting today to take a call on various issues like spectrum trading norms, gold monetisation and gold bond scheme.
Govt okays spectrum trading norms, gold monetisation scheme (09-09-2015)
The Cabinet met today to take a call on various issues like spectrum trading norms, gold monetisation and gold bond scheme.
Govt okays spectrum trading norms, gold monetisation scheme (09-09-2015)
The Cabinet met today to take a call on various issues like spectrum trading norms, gold monetisation and gold bond scheme.
Rupee trims initial gains, still up by 17 paise against USD (09-09-2015)
The rupee had strengthened against the US dollar after touching an intra-day high of 66.80 yesterday due to selling by custodial banks and some buying from PSBs to meet the oil demand.” a forex dealer said.
Sensex, Nifty cool off but steady; IT stocks lead, HUL down (09-09-2015)
Vedanta, Hindalco, Tata Steel, Infosys and Maruti are top gainers while GAIL and HUL are down around 1 percent each.