that it can consolidate and prune out weaker players. This will pave the path to digitization of India. Vodafone entry into Tata teleservices will trigger the minority buy-back. Also, there can be a possibility of FEMA relaxation for easy exit for Docomo. Mr. Tata will sign-off as care-taker Chairman of Tata
2.19 PM Dec 22nd 2016
no role in it (Tata-DoCoMo dispute). It was a bilateral agreement between two parties. We can not change the rule to suit the convenience of somebody...," said a top Finance Ministry official. "The agreement was the violation of the FEMA rule. Both of you decided to enter into an agreement, you can
5.50 PM Sep 7th 2016
Source:DNA India - Singer Mika ran out of tune with the custom officials at the Chhatrapati Shivaji International Airport on Wednesday night and was detained by the team led by additional commissioner (customs) Sameer Wankhede for violation of FEMA (Foreign Exchange Management Act) rules. According
12.46 PM Feb 7th 2013
that the applicable cap is not breached. This approval is given subject to the condition that the onus of compliance with FDI policy and FEMA regulations including downstream investment would continue to remain on the Indian companies, M/s IRB Infrastructure Developers Ltd and M/s Radico Khaitan Limited. R. R
9.30 PM Feb 5th 2013
Guest, have an ID here.Thats better than a guest ID. Anyway, Clariant India will do everything according law of the land.But ultimately all these come under CLB and FEMA etc.They will do all things within legal frame work. But what shareholders of Clariant India will get?Thats the question mark
12.49 PM Jan 30th 2013
preferred dividends by another name that bypass Dividend Distribution Tax and are selectively paid out to foreign shareholders. The practice also appears to contravene FEMA, so write to the RBI as well. Shareholders must now agitate and be proactive in this matter.
11.18 AM Jan 23rd 2013
Source:The Hindu BusinessLine - The Enforcement Directorate (ED) has been probing for the last one year the alleged FEMA violations in the Sahara Group’s purchase of Grosvenor Hotel in the UK. Sahara had acquired the posh London hotel in December 2010 for £470 million. The main issue
2.40 PM Dec 17th 2012
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