BUSINESS
US red flags India’s import quality control norms as 'burdensome'
Several exporters, including the US, South Korea and Vietnam, are already facing challenges due to India’s quality control norms
BUSINESS
Appeals against SEBI orders in SAT surges 50% in 2024
Total pending cases in SAT stood at 1,121 in 2024 against 736 in 2023 and 842 in 2022
BUSINESS
IFSC GIFT City sees aircraft and engine leasing rise 31% on year in 2024, better times may be ahead
Officials expect atleast 100 new aircraft or engines to be leased from GIFT City in 2025. Lessors feel that for GIFT City to become a global hub, an ecosystem conducive to the leasing business, including a repair and maintenance unit, needs to be set up.
BUSINESS
Overseas investments by Indian firms grow 40% in FY25 to $36 billion amid Trump tariff storm
The United States ranks as the second-highest recipient of Indian corporate fund flows after Singapore
BUSINESS
Sebi’s relaxation of FPI disclosure rules likely to drive inflows but also increase market volatility
Sebi has doubled the threshold for granular beneficial ownership disclosures from Rs 25,000 crore to Rs 50,000 crore, a move expected to boost P-note issuances and attract offshore capital. While this may enhance liquidity, analysts warn that increased speculative trading could lead to heightened volatility
BUSINESS
Why large advertising firms and broadcasters are facing CCI probe
Informants complained to CCI that large ad firms were getting special treatment from broadcasters
BUSINESS
Leading global traders resist Sebi’s plan to measure risk in derivatives, raise ‘price manipulation’ fears
Prominent global trader lobby group Futures Industry Association (FIA) has said that Sebi's new measures would dampen liquidity and increase trading costs while increasing operational complexity.
BUSINESS
MNCs stare at tax notices over corporate guarantees extended to Indian subsidiaries
The Indian units of MNCs typically pay their foreign parents 1-2% of outstanding debt as a fee for such guarantees. The foreign parent companies have been considering this payment as interest and arguing that it should be taxed at a lower rate.
BUSINESS
More trouble for Diageo as CAG points to lapses in liquor quality control in Delhi
In a report on Delhi Liquor policy, CAG has pointed out that Delhi's excise department issued licenses to wholesalers despite compliance lapses.
BUSINESS
US funds have lost 20% of portfolio value in India since September
US funds owned shares worth Rs 26.61 lakh crore as on February 28 compared to Rs 33.3 lakh crore in September 2024
BUSINESS
Foreign funds may be stuck with tax credits with little use as they sell Indian shares
The recent FPI sell off in the market has resulted in incidence of significant capital gains in India, experts say
BUSINESS
FPI sell-off may give a boost to government's capital gains tax collection
Moneycontrol analysis shows that in the recent past, whenever FPIs sold in big amounts, capital gains tax collection has risen
BUSINESS
HNIs rush to consultants over Donald Trump's plan to replace EB-5 visa with 'gold card'
While EB-5 offers permanent residence for a $1.05-million investment, the 'gold card' will likely require a $5-million commitment
BUSINESS
Why is the Indian government selectively approving Chinese technology JVs?
India has so far given its go-ahead to several joint venture deals involving Chinese entities, including Huaqin and Transsion Technology.
BUSINESS
Ireland emerges as fourth largest FPI source for India as ICAV Funds gain popularity
Ireland displaces Mauritius and Singapore to rise to the fourth spot in last two years
BUSINESS
Private equity funds likely to face greater CCI scrutiny on small minority investments too
The Commission held that OCDs bought by Goldman in Biocon Biologics, translating to a 3.8% stake, were not a passive investment due to special information rights.
BUSINESS
Centre's retrospective GST amendment in Budget 2025 may face legal scrutiny
The review petition filed by the Finance Ministry is expected to come for hearing by end of February, when the apex court may decide if the amendments are maintainable.
BUSINESS
Rs 15.4 lakh crore stuck in tax disputes, up 50% since FY20: MC Analysis
A fifth of cases have been lingering for more than over 5 years. While income tax accounted for 81 percent of the amount under dispute in FY15, its share increased to 86.8 percent in FY24
BUSINESS
Non-bank FPIs at Gift City to gain from tax relaxation on p-notes
Post Budget 25, not only banks but all FPIs in the IFSC can avail of tax exemptions on p-notes.
BUSINESS
Corporate debt may get costlier as government proposes 12.5% LTCG tax for FPI debt instruments
In the budget, the government plugged a key loophole in tax rules which allowed FPIs to enjoy a 10% LTCG rate on non-equity investments.
BUSINESS
DeepSeek brings focus back on data security concerns over Chinese apps
Deepseek launched its AI assistant on the app stores last week and took the world by surprise due to its low cost of production compared to rivals such as OpenAI's ChatGPT
BUSINESS
Budget 2025: SWFs, pension funds seek extension of tax exemption on infra investments
The special exemption for such investments ends on March 31. Section 10(23FE) of the I-T act exempts dividend, interest and long-term capital gains accrued on infrastructure investments
BUSINESS
Abhishek Lodha’s Macrotech sues brother Abhinandan Lodha
The case likely to be heard by Bombay High Court later this week
BUSINESS
Dark pool platforms under focus post-Sebi’s Ketan Parekh order
Several FPIs are using these platforms to find counterparties for trades
