finance
Ishaat Hussain takes over as TCS chairman
November 11, 2016
Cyrus Mistry has been removed from his position of chairman of Tata Consultancy Services (TCS) and replaced by Ishaat Hussain as the battle between Tata Sons’ former chairman and the company intensifies.
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Tata Sons sacks Cyrus Mistry, Ratan Tata at the helm
October 25, 2016
After the board of Tata Sons Ltd replaced Cyrus Mistry as the chairman of the Tata Group on Monday, with his emblematic predecessor Ratan Tata, as an interim chairman, key questions are raised about the future of the multinational group ; from its governance to its strategy and f...
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Four-tier GST bill structure proposed in India
October 19, 2016
The Goods and Services Tax (GST) Council headed by the Indian Finance Minister, Arun Jaitley, proposed a four-tier GST bill structure and rates on the first day of the GST meeting that is scheduled to run from October 18-20.
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Urjit Patel appointed India’s new Reserve Bank of India Governor
August 22, 2016
The current #Deputy Governor of the #Reserve Bank of India (RBI), Urjit Patel, will become the 24th Governor of the Indian central bank on 4th September this year. He succeeds #Raghuram Rajan. His appointment will end two months’ speculation about Raghuram Rajan’s successor.
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A sharp increase in salaries for government staff and pensioners in India
June 30, 2016
The Union Cabinet in India accepted the Seventh Pay Commission’s recommendations to increase salaries and pensions for 4.7 million employees and 5.3 million pensioners in the country, which could boost the Indian economy. Demand for housing, automobiles and consumer durables is...
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Who will replace Raghuram Rajan, as Governor of Reserve Bank of India?
June 27, 2016
After a series of tirades launched by Dr Subramanian Swamy, BJP Rajya Sabha (Upper House) member recently against him, Raghuram Rajan, the Governor of Reserve Bank of India decided not to seek a second term in office.
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India’s equalisation levy on Google and Facebook
June 1, 2016
Facebook, Google and other transitional online firms are now liable to pay an equalisation levy for all the digital services they provide in India. Will it solve the tax inconsistency related to the e-commerce or aggravate the complexity for mid-scale enterprises in India? Althou...
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A joint initiative against “conflict diamonds”
May 28, 2016
The European Union and India offered coordinated proposal to chair Kimberley Process (KP), a joint initiative of the governments, industry and civil societies to stem flow of “conflict diamonds” - the rough diamonds used by rebel movements to finance wars against legitimate g...
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New insolvency laws
May 13, 2016
How to make it easier to do business in India, still sometimes complicated for local and foreign players? The upper house of Parliament of India aimed at addressing part of this issue by passing the insolvency and bankruptcy code 2016, on May 11. Business default is still a huge ...
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Ecology and Paris agreement
April 20, 2016
India on Tuesday urged the developed world to declare its enhanced action plan for the second period of Kyoto Protocol, after the Paris Climate Change Agreement. Addressing a press conference on the eve of his departure for New York for the signing of Paris Climate Change Agreeme...
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Prévisions 2016-2017
February 18, 2016
Moody’s, l’une des principales agences mondiales de notation, anticipe une croissance de 7,5% en 2016 et 2017 en Inde, dans son dernier rapport sur l’économie internationale. L’Inde va profiter, selon elle, de la baisse des prix des matières premières et devrai...
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2016-2017 economic forecasts
February 18, 2016
Moody’s, one of the leading credit rating agencies, forecasts in its last Investors Service report that the Indian economy will experience a 7,5% growth in 2016 and 2017. It expects India will take advantage of low commodity prices and limit its exposure to external problems li...
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