finance

Ishaat Hussain takes over as TCS chairman

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

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

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

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

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?

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

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”

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

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

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

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

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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