Siddharth Shah

Rahul Guha, who currently serves as CEO of subsidiary Thyrocare and President of Operations at API, will take over from Siddharth Shah, the last remaining co-founder of the company, who will now assume the role of Vice Chairman.

PharmEasy raises $216 million at a 90% lower valuation from peak

The online pharmacy was last valued at $5.6 billion in 2021, followed by nearly 90 percent decrease in its valuation amidst debt repayment related challenges.

PharmEasy founder Siddharth Shah buys apartment in Mumbai for Rs 40 crore

Online pharmacy chain PharmEasy had recently acquired Thyrocare. The apartment is located off Carter Road at Khar West in Mumbai.

FIIs nervous; have upper hand in MAT issue legally: Pros

Rajesh Simhan, head - international tax at Nishith Desai says as things stand, the matter is already with the Supreme Court and a number of rulings prior to this are in favour of the tax payer.

Removing hurdles for FII: Are all issues sorted out?

Securities and Exchange Board of India (Sebi) has adopted the KM Chandrasekhar committee report on ways to simplify foreign portfolio investment regime.

FM tax rules stump FIIs; investors seek clarity: Experts

Ashok Wadhwa of Ambit Capital believes use of the term, 'beneficial ownership' is worrying investors and its context is now key to interpreting what the Finance Ministry intends to do. He also added that Chidambaram's intent seems to continue honouring the Mauritius route.

FM provides fillip to FDI; amends tax rate on deals

The Finance Minister has announced proposals to provide a level playing field for investors coming into India through the FDI route, report CNBC-TV18‘s Sajeet Manghat and Animesh Das.

GAAR outside SEBI purview, P-Notes remain illusive

The confusion over General Anti-Avoidance Rules (GAAR) provisions is not only plaguing the Indian market, but is also impacting India’s global image. Foreign institutional investors (FIIs) are complaining and seeking further clarifications.

Experts on GAAR: Need clarity on tax evasion & tax planning

Foreign portfolios in India have been left shaken on implementation of certain provisions in the General Anti-Avoidance Rules (GAAR) by Income-Tax officials. The fear that FIIs will start pulling money out of India has left the market in turmoil.

No tax liability on Axis or Enam: Nishith Desai & Asso

The Axis Bank’s board has approved the buy of investment banking and equities businesses of Enam Securities. Siddharth Shah, Nishith Desai and Associates, in an interview on CNBC-TV18, shared his views on this transaction.

SmartLink move not smart enough for shareholders: Experts

The SmartLink stock tanked after a large sale. The core business of the company was spun-off and sold off to a global player, not warranting any kind of open offer for the minority shareholders. Sandeep Parekh and Siddharth Shah in an exclusive interview with CNBC-TV18 discuss what such transactions mean to small shareholders.