Swiss

You'll see more Swiss companies selling their products in India now. For example, we have a shoe maker that wants to conquer the Indian market, Switzerland State Secretary for Economic Affairs Helene Budliger told Moneycontrol.

EFTA trade agreement, India’s first with Europe, comes into effect

India’s trade pact with Switzerland, Iceland, Norway and Liechtenstein will make Swiss chocolates, watches and apparels cheaper in the country. At the same time, Indian exporters hit by Trump tariffs get a new lease of life as a range of products including tea, coffee, textiles, marine products, leather, gems, and engineering goods get better market access in these four countries.

Swiss withdrawal of MFN status to raise costs for some Indian pharma, IT firms: GTRI

Indian firms operating in Switzerland will have to pay a 10-percent tax on dividends and other incomes from January 1, 2025, higher than the earlier rate of 5-percent.

FIFA made false claims about ''carbon-neutral'' World Cup in Qatar, Swiss regulator says

FIFA was “not able to provide proof that the claims were accurate,” the federally recognized Swiss Commission for Fairness said in its judgment into complaints filed from five countries.

What's behind the fall of Credit Suisse, a 167-Year-Old bank & why did UBS really come to its rescue?

Swiss bank Credit Suisse was set up in 1856, nearly 170 years ago, to arrange funds for Switzerland’s railways. A few days ago, it was bought by rival UBS, after a bunch of scandals, losses, and issues with management. Now, UBS has agreed to take over the bank for all of 3.2 billion dollars. The ‘historic’ merger was facilitated, almost forced, by Swiss banking authorities with the Swiss Central Bank (SNB) guaranteeing to pay UBS 9 billion Swiss francs on potential losses. But exactly what is it that went wrong in Credit Suisse, especially at a time when the confidence in global banks as such is not exactly high? Watch to find out!

BlackRock not working on rival bid for Credit Suisse

“BlackRock is not participating in any plans to acquire all or any part of Credit Suisse, and has no interest in doing so,” according to a spokesman for the U.S. investment giant.

Credit Suisse weighs survival options as regulators push UBS deal

Credit Suisse Chief Financial Officer Dixit Joshi and his teams will hold meetings over the weekend to assess strategic scenarios for the bank, people with knowledge of the matter said on Friday.

Chinese ambassador warns Swiss: Sanction us and ties will suffer

Last year, the EU accused Chinese officials of mass detentions of Muslim Uighurs and human rights abuses in the Xinjiang region and imposed its first sanctions against Beijing since an arms embargo in 1989 following the Tiananmen Square crackdown.

Swiss cut off tax data, make visas harder for Russians

Switzerland, the world's largest centre for managing offhsore wealth, routinely exchanges bank data with other countries on their citizens' Swiss accounts.

Credit Suisse faces verdict in cocaine-cash trial

Credit Suisse and one of its former employees face charges of allowing an alleged Bulgarian cocaine trafficking gang to launder millions of euros from 2004 to 2008.

India, Switzerland hold talks on deepening cooperation to combat black money

Modi thanked Switzerland for helping India become a member of the Missile Technology Control Regime (MTCR), a multilateral export control regime, and consistently supporting New Delhi's bid for membership of the Nuclear Suppliers Group (NSG).

ChemChina 'to file for anti-trust approval in US' for takeover

Shanghai, Jan 20 (AFP) China's state-owned chemical corporation ChemChina has asked US anti-trust regulators to greenlight its USD 43 billion acquisition of Swiss seed giant Syngenta, a report said today.

Novartis acquires US pharma firm Selexys Pharmaceuticals

Selexys specialises in sickle cell disease, an inherited form of anaemia that is most common among people of African descent.

KDDL's subsidiary Ethos to sell Swiss' Corum watches in India

KDDL's subsidiary Ethos signs a pact with Swiss watchmaker to sell Corum watches. Speaking to CNBC-TV18, Yashovardhan Saboo, VC & CEO of KDDL said that Corum watches is a well-known Swiss brand.

EU probes 40 bn euro ChemChina acquisition of Syngenta

The deal -- the biggest in a series of Chinese overseas acquisitions -- would combine Syngenta, a global leader in seeds and crop protection with ChemChina which controls Adama, the largest supplier of generic crop protection products in Europe.

Black money: Indian team to visit Switzerland

A high-level delegation from Switzerland today met top Finance Ministry officials here to discuss wide ranging bilateral and multilateral tax and financial issues, days after Modi met President Johann Schneider-Ammann in Geneva.

India, Switzerland working 'very closely' on tax info exchange

Swiss Ambassador to India Linus von Castelmur also said automatic exchange of tax information between India and Switzerland is expected to happen "rather soon".

Nestle cuts full-year outlook after sales miss

Sales dropped 2.1 percent to 64.9 billion Swiss francs (USD 68 billion) in the nine months through September, missing analysts' average forecast of 65.9 billion in a Reuters poll.

Roche launches new breast cancer drugs in India

These targeted medicines represent a completely new way to treat HER2-positive metastatic breast cancer, with which the company aims to help women in India live as long and as well as possible, he added.

Almost 129,000 cars in Switzerland affected by VW scandal

VW, which has admitted to cheating diesel emissions tests in the United States, is under huge pressure to get to grips with the biggest business scandal in its 78-year history.

Swiss suspend sales of VW models over rigged emission tests

Some 180,000 vehicles made by Volkswagen's Audi, Seat, Skoda and VW brands between 2009 and 2014 could be affected by the scandal, the Federal Roads Office said in a statement.

Tax officials search HSBC's Mumbai HQ: Sources

Indian tax officials searched the Mumbai headquarters of HSBC Holdings PLC last week as part of a probe related to allegations that the bank's Swiss business helped clients dodge taxes, a person with knowledge of the matter said on Tuesday.

HSBC says Swiss scandal has brought shame on bank

Earnings from Europe's biggest lender on Monday reflected the cost of past misconduct and protecting itself against the impact of further scandals. HSBC said allegations about its Swiss operations had badly damaged its image.

Black money probe to be expanded to include new names: Shah

The SIT probing black money will widen the scope of its investigation to include the new names that figure in the list of account holders in HSBC's Swiss arm released by an international body of journalists, its chairman M B Shah said today.

Swiss govt says cooperating intensely with India

Swiss govt says cooperating intensely with India