Royalty

According to the proposed rates, construction sand—commonly found in seabed deposits—will incur a royalty of Rs 40 per tonne

On this day, September 16 - Know what happened today in history

September 16 has witnessed a number of historic moments, some tragic and others defining. These events span different regions and eras, shaping our collective history.

Mining royalty verdict: Spectre of retrospective taxation hangs again, says EAC-PM member Shamika Ravi

Laws must protect against expropriation of property by individuals as well as by the state, said Ravi

SC judgement allowing states to tax mineral rights poses risk to industry

States' ability to tax mineral rights is likely to see costs for miners and user industries increase, but much depends on whether the impact can be absorbed or will be ruinous for margins

Mineral royalty revenue jumps 32% for states during FY17 to FY22

Odisha and Chhattisgarh have witnessed a 47% surge in revenues from mining

SC says states have right to impose taxes on mineral extraction

The Supreme Court held that royalty is a contractual consideration by a lessor for mineral rights.

Nestle India: Strategy in place for sustained growth

Rurban strategy is likely to play well for Nestle, given the green shoots in rural markets

The tussle between MNC parent and minority shareholders is not new

While the parent company may choose to consolidate a future-fit business in a 100% subsidiary for ease of technology transfer and operations, the sudden slump sale when a business is just getting into its stride peeves minority shareholders who look for returns when the cycle turns.

Govt out to tighten reins on royalty payments by OTT, IT and ITES: Sources

If some rights are being transferred by an entity, it constitutes royalty, according to Indian legislation. If an entity here has rights and is again distributing them, it will be considered royalty.

Hindustan Unilever: Higher royalty a bugbear, but investors are a pragmatic lot

HUL’s royalty hike will upset shareholders. But if it delivers on sales and earnings growth, then it will soften the blow

Denmark queen strips 4 grandchildren of royal titles: ‘Shocked, this came out of the blue’

Denmark's Queen Margrethe is the only reigning monarch in Europe. She has eight grandchildren in all.

Corporate Corridor| Rising royalty payments are a global phenomenon but minority investors in India to get a veto

If the royalty rule does take effect, it will mark minority shareholders of foreign-owned companies getting a rare upper hand

Corporate corridor | Colgate’s shareholders should press for a royalty that bites less

Colgate is asking minority shareholders to approve royalty payments to its parent. A lower royalty outgo would give it more firepower in its battle to retain its market supremacy

Comment | Sebi’s puzzling U-turn on minority oversight over royalty, and a bullet for it to bite

At the last minute Sebi has deferred a rule that would have made companies seek minority shareholders' permission to pay royalty. What that means and how it could make it better

Sebi defers implementation of amended norms for royalty payment

Shareholders' approval would be needed for making royalty or brand payments to related parties exceeding 2 per cent of the particular listed entity's consolidated turnover.

Opinion | Establishing the legitimacy of royalty payments

Royalty payments have been a bone of serious contention, enough to bring in regulatory intervention.

Comment | Nestle: royalty to stay at 4.5%, free cash flow rises

Nestle decides to keep its royalty constant at 4.5%. That will be a relief for investors who were fearing an increase. Its 2018 annual report shows that cash flows are rising and are healthy but working capital is showing some strain

Quick Take | Monsanto wins legal battle for BT cotton seed technology

SC has overturned a judgment by the Delhi High Court which held that certain items such as seeds, plants and animals cannot be patented under Indian laws.

New mineral policy to set out liberal royalty structure, says joint secretary

The new policy is expected to be out in two months, said Bipul Pathak, Joint Secretary in the Ministry of Mines.

Hardcastle will continue to pay 4% royalty to McDonald's

Hardcastle Restaurants, the franchisee of McDonald's for South-West India operations, will continue to pay 4 percent royalty to the American QSR operator till March 31, 2018.

'Royalty payout to Gujarat,Assam credit positive for ONGC,OIL'

The Centre's decision to pay over Rs 14,000-crore royalty claimed by Gujarat and Assam from ONGC and Oil India is credit positive for the two state-owned companies, Moody's Investors Service said today.

Rs 11,591.72 cr royalty, interest due to Assam from OIL, ONGC

In a written reply to a query by AGP MLA Phani Bhusan Choudhury, state Mines and Minerals minister Pramila Rani Brahma said the Assam government was to get a total of Rs 13,042.60 crore from OIL and ONGC as royalty and interest for crude between April 2008 and July 2016.

Hike in coal royalty may make power costlier by 10-12 p/kwh

Ind-Ra believes the royalty hike looks quite steep at 30 percent, and if accepted, it will lead to coal attracting the highest ad-valorem duty compared to all other minerals.

See 6% hit to Oil India FY18 EPS due to royalty on crude: IDBI

We expect crude oil prices at USD 60 per barrel in FY18, so this royalty will have a 6 percent impact on the earnings per share (EPS) for Oil India, said Sudeep Anand of IDBI Capital Markets.

Have taken steps to de-risk co from yen strength: Maruti chair

RC Bhargava, Chairman, Maruti Suzuki is not overly worried about the impact of stronger yen because the company has reduced its dependence on yen in the last two quarters, adding that for all the new models the royalty is also rupee denominated.