Search Results for: equity investors

government-not-to-appeal-vodafone-tax-ruling

Government not to appeal Vodafone tax ruling

New Delhi, Jan 29 (ANI): The central government will not appeal a regional court ruling in favour of Vodafone Group Plc in a long-running tax dispute, the cabinet decided in a move aimed at boosting investor confidence in Asia's third-largest economy. Vodafone, the biggest foreign corporate investor in India, has been involved in a series of tax disputes since it entered the country seven years ago. In one such case, India's tax office had accused a unit of the British group of under-pricing shares in a rights issue to its parent company and demanded tax of about 30 billion rupees. The Bombay High Court had in October ruled in favour of Vodafone, and later the attorney general had recommended the government to refrain from appealing that ruling at the Supreme Court. Communications and IT Minister Ravi Shankar Prasad said the decision was in direction to assure investors of a fair and just Indian government. Jan 29, 2015
investor-friendly-tax-regime-vital-for-ease-of-business-with-india-says-arun-jaitley

Investor-friendly tax regime vital for ease of business with India, says Arun Jaitley

New Delhi, Jan 27 (ANI): Finance Minister Arun Jaitley on Tuesday stressed that a friendly tax administration could help enhance India's relations with investors from across the world. Jaitley's remarks came a day after Prime Minister Modi along with US President Barack Obama met with business leaders to enhance relationships. Jaitley was addressing customs officials in New Delhi on the occasion of International Customs Day. Modi had promised a stable and predictable tax regime in India during the meet. Jaitley said investors needed to know that the Indian government was working towards an investor-friendly tax administration. Jan 27, 2015
sensex-hits-all-time-high-market-expert-says-obamas-visit-to-india-very-productive

Sensex hits all time high, Market Expert says Obamas visit to India very productive

Mumbai, Jan 27 (ANI): As the S&P BSE Sensex opened on a positive note for eighth straight session led by gains in capital goods, auto and power sectors, Market Expert Sunil Shah credited the development to US President Barack Obama’s visit to India. Shah said that Obama’s visit to India is very productive and that the sentiments have been positive as the market us trading above 100 points. Capital goods and infrastructure stocks are likely to be in action following India and the US moved ahead towards commercial nuclear cooperation. At 9:40AM, the 30-share Sensex was up 95 points at 29,374 and the 50-share Nifty was up 9 points at 8,844. However, Shah advised the investors to not indulge in trading immediately and have some patience. Jan 27, 2015
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PM Modi addresses India-US CEO forum meet

New Delhi, Jan 26 (ANI): Prime Minister Narendra Modi on Monday addressed the India-US CEO forum meet which was held in New Delhi. Modi said that India is open for all kinds of investments in various sectors, laying stress upon tourism. He also added that India and US have come up with a new program of 'Ease of Business' where all problems faced by businessmen shall be addressed. Modi said that his three top priorities are- skill, scope and speed to deliver best business ground for investors. Jan 26, 2015
make-in-india-tableau-among-others-steals-the-show-in-republic-day-parade

'Make in India' tableau among others steals the show in Republic Day parade

New Delhi, Jan 26 (ANI): India celebrated its 66th Republic Day although rain threatened to dampen the excitement around US President Barack Obama's landmark visit to India, amid a vibrant display of its rich heritage and military prowess on Monday. Thousands of troops prepared on Monday for a dazzling military parade where Obama was the chief guest. However, the Make in India tableau stole the show at the parade. The float, which displayed a working model of the ' Make in India' lion, invited manufacturers and investors to participate in the initiative. Jan 26, 2015
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It Happens : Jaipur set to welcome authors, publishers for literature festival

Jaipur, Jan 23 (ANI): India’s pink city Jaipur will welcome authors, writers, speakers at Asia’s largest literary festival which begins on Wednesday. Regional language novelists and writers will rub shoulders with Man Booker prize winners and Nobel laureates at the 8th edition of Jaipur Literature Festival (JLF), which will be held in Diggi Palace in Jaipur. The writers will converge in the city for five days of readings, debates and discussions. JLF, which began in 2006, is now regarded as a cultural catalyst within India and around the world, exposing audiences to a constant flow of ideas. Featuring live music sessions and interactive workshops, the festival provides a space to dare, dream and imagine. Chief Minister of Rajasthan, Vasundhara Raje, is scheduled to inaugurate the festival, where over 200,000 visitors are expected. Venue host of the festival, Ram Pratap Singh, informed that the festival would look at gender equity in India. He added that adequate security arrangements were being made and the government had also provided a special security cover for the festival apart from their inbuilt arrangements. The event is seen as an agenda-setter on key issues from the global economic crisis to the rise of e-books, the current state of politics in the Middle East to the inc Jan 23, 2015
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