India Asked To Pay $1.2 Billion To Cairn After Arbitration Loss
Business | Upmanyu Trivedi and Shruti Srivastava, Bloomberg | Wednesday December 23, 2020
An international arbitration tribunal ruled that the tax claim was not a valid demand and asked the government to repay the funds withheld along with interest to Cairn.
India May Ease Rules for Non-Chinese Investments From Hong Kong: Report
India News | Shruti Srivastava, Bloomberg | Tuesday December 22, 2020
India may reduce scrutiny of deals by Hong Kong-based investors as long as Chinese firms aren't involved in the transactions, people with knowledge of the matter said.
India Risks Losing To China-Led Trade Bloc, Defeating Reason It Exited
India News | Shruti Srivastava, Bloomberg | Thursday November 26, 2020
India's key manufacturing exports may lose market share to a China-backed Asian trade bloc, from which Prime Minister Narendra Modi walked away last year to protect the interests of local farmers and industry.
India Stymies Investment From Hong Kong Amid China Border Row: Report
India News | Shruti Srivastava, Bloomberg | Monday November 23, 2020
India is subjecting foreign investment proposals from Hong Kong at par with China as part of a new policy that makes approval mandatory for plans from countries that share a land border, a person with the knowledge of the matter said.
Indians May See Better Pay Hikes In 2021 Than Last Year: Survey
India News | Shruti Srivastava, Bloomberg | Wednesday November 4, 2020
Indian employees are likely to witness their monthly paycheck getting a bigger boost next year compared to 2020 as companies are betting on higher consumer demand due to enhanced government spending and bumper rainfall to neutralize the pandemic-led economic contraction, a survey showed.
Government May Extend Ban On New Bankruptcy Filings: Report
Business | Shruti Srivastava, Bloomberg | Thursday September 24, 2020
The proposal is to extend the halt on new bankruptcy cases for another six months past its currently scheduled ending point this week.
India's Army Of 600,000 Virus-Hunting Women Health Workers Goes On Strike
India News | Shruti Srivastava, Bloomberg | Friday August 7, 2020
They helped eradicate polio in India and reduced the number of women dying during child birth. But the country's catastrophic coronavirus outbreak, now the third-largest in the world, has pushed its all-female army of contact-tracing health workers to breaking point.
Government Said to Tell US That Digital Tax on Google, Amazon Isn't Biased
Shruti Srivastava, Bloomberg | Monday July 20, 2020
India’s decision to levy a tax on companies offering digital services in the country is not aimed at any particular country and the decision will not be reconsidered, people with knowledge of the matter said.
India Tells US Tax On Google, Amazon Not Biased, No Rethink: Report
India News | Shruti Srivastava, Bloomberg | Monday July 20, 2020
India's decision to levy a tax on companies offering digital services in the country is not aimed at any particular country and the decision will not be reconsidered, people with knowledge of the matter said.
More Economic Shock Feared As Migrants Don't Want To Return To Cities
India News | Shruti Srivastava, Bloomberg | Monday June 29, 2020
From March through May, around 10 million migrant workers fled India's megacities, afraid to be unemployed, hungry and far from family during the world's biggest anti-Covid lockdown.
Jio-Facebook Deal Under Antitrust Review by Competition Commission of India
Shruti Srivastava, Bloomberg | Wednesday June 17, 2020
India’s antitrust watchdog is reviewing Facebook's purchase of a 10 percent stake in Reliance Industries Ltd's digital assets, a deal that would give the US giant another foothold in one of the world’s fastest growing Internet markets.
India To Offer Big Tax Holidays To Win New Investments: Report
Business | Shruti Srivastava, Bloomberg | Tuesday May 12, 2020
The trade ministry has identified top 50 industry clusters to upgrade their existing infrastructure, testing labs and research and development facilities.
India Offers Land Twice Luxembourg's Size To Firms Leaving China: Report
India News | Shruti Srivastava, Bloomberg | Tuesday May 5, 2020
India is developing a land pool nearly double the size of Luxembourg to lure businesses moving out of China, according to people with knowledge of the matter.
Greater Scrutiny Of FDI Likely For National Security, Says Top Official
Business | Shruti Srivastava, Bloomberg | Tuesday February 18, 2020
India received $26 billion FDI in the first six months of the financial year that started April 2019, up from $22 billion in the whole of the previous year, according to the industry department.
Paracetamol Prices Jump 40% In India As Coronavirus Shuts Down China
India News | Shruti Srivastava, Bloomberg | Monday February 17, 2020
India, the world's second-most populous nation, is facing the ripple effects of shutdowns in China with production of medicines to mobile phones being hit as supply chain disruptions prolong.
India Asked To Pay $1.2 Billion To Cairn After Arbitration Loss
Business | Upmanyu Trivedi and Shruti Srivastava, Bloomberg | Wednesday December 23, 2020
An international arbitration tribunal ruled that the tax claim was not a valid demand and asked the government to repay the funds withheld along with interest to Cairn.
India May Ease Rules for Non-Chinese Investments From Hong Kong: Report
India News | Shruti Srivastava, Bloomberg | Tuesday December 22, 2020
India may reduce scrutiny of deals by Hong Kong-based investors as long as Chinese firms aren't involved in the transactions, people with knowledge of the matter said.
India Risks Losing To China-Led Trade Bloc, Defeating Reason It Exited
India News | Shruti Srivastava, Bloomberg | Thursday November 26, 2020
India's key manufacturing exports may lose market share to a China-backed Asian trade bloc, from which Prime Minister Narendra Modi walked away last year to protect the interests of local farmers and industry.
India Stymies Investment From Hong Kong Amid China Border Row: Report
India News | Shruti Srivastava, Bloomberg | Monday November 23, 2020
India is subjecting foreign investment proposals from Hong Kong at par with China as part of a new policy that makes approval mandatory for plans from countries that share a land border, a person with the knowledge of the matter said.
Indians May See Better Pay Hikes In 2021 Than Last Year: Survey
India News | Shruti Srivastava, Bloomberg | Wednesday November 4, 2020
Indian employees are likely to witness their monthly paycheck getting a bigger boost next year compared to 2020 as companies are betting on higher consumer demand due to enhanced government spending and bumper rainfall to neutralize the pandemic-led economic contraction, a survey showed.
Government May Extend Ban On New Bankruptcy Filings: Report
Business | Shruti Srivastava, Bloomberg | Thursday September 24, 2020
The proposal is to extend the halt on new bankruptcy cases for another six months past its currently scheduled ending point this week.
India's Army Of 600,000 Virus-Hunting Women Health Workers Goes On Strike
India News | Shruti Srivastava, Bloomberg | Friday August 7, 2020
They helped eradicate polio in India and reduced the number of women dying during child birth. But the country's catastrophic coronavirus outbreak, now the third-largest in the world, has pushed its all-female army of contact-tracing health workers to breaking point.
Government Said to Tell US That Digital Tax on Google, Amazon Isn't Biased
Shruti Srivastava, Bloomberg | Monday July 20, 2020
India’s decision to levy a tax on companies offering digital services in the country is not aimed at any particular country and the decision will not be reconsidered, people with knowledge of the matter said.
India Tells US Tax On Google, Amazon Not Biased, No Rethink: Report
India News | Shruti Srivastava, Bloomberg | Monday July 20, 2020
India's decision to levy a tax on companies offering digital services in the country is not aimed at any particular country and the decision will not be reconsidered, people with knowledge of the matter said.
More Economic Shock Feared As Migrants Don't Want To Return To Cities
India News | Shruti Srivastava, Bloomberg | Monday June 29, 2020
From March through May, around 10 million migrant workers fled India's megacities, afraid to be unemployed, hungry and far from family during the world's biggest anti-Covid lockdown.
Jio-Facebook Deal Under Antitrust Review by Competition Commission of India
Shruti Srivastava, Bloomberg | Wednesday June 17, 2020
India’s antitrust watchdog is reviewing Facebook's purchase of a 10 percent stake in Reliance Industries Ltd's digital assets, a deal that would give the US giant another foothold in one of the world’s fastest growing Internet markets.
India To Offer Big Tax Holidays To Win New Investments: Report
Business | Shruti Srivastava, Bloomberg | Tuesday May 12, 2020
The trade ministry has identified top 50 industry clusters to upgrade their existing infrastructure, testing labs and research and development facilities.
India Offers Land Twice Luxembourg's Size To Firms Leaving China: Report
India News | Shruti Srivastava, Bloomberg | Tuesday May 5, 2020
India is developing a land pool nearly double the size of Luxembourg to lure businesses moving out of China, according to people with knowledge of the matter.
Greater Scrutiny Of FDI Likely For National Security, Says Top Official
Business | Shruti Srivastava, Bloomberg | Tuesday February 18, 2020
India received $26 billion FDI in the first six months of the financial year that started April 2019, up from $22 billion in the whole of the previous year, according to the industry department.
Paracetamol Prices Jump 40% In India As Coronavirus Shuts Down China
India News | Shruti Srivastava, Bloomberg | Monday February 17, 2020
India, the world's second-most populous nation, is facing the ripple effects of shutdowns in China with production of medicines to mobile phones being hit as supply chain disruptions prolong.
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