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Cadbury Plc

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Taxman demands $88 mn from Cadbury India

India's tax office has demanded about Rs 550 crore ($88 million) from the local arm of chocolate maker Cadbury, now Mondelez International Inc, in a dispute over a factory in the foothills of the......

Looking at MNC stocks? Think again

On April 30, when Hindustan Unilever Ltd (HUL)’s parent company, Unilever, declared its intention to increase the stake to 75 per cent from 52.5 per cent, the stock rose about nine per......

Income Tax dept dismisses Nokia's appeal

Indian authorities have dismissed Nokia's appeals against an income tax bill of Rs 2,080 crore (Rs 20.8 billion), the phone company said on Friday, a setback for its efforts to resolve the dispute......

I-T dept gets tough on taxation of transfers within MNCs

India is aggressively pursuing tax claims against multinational firms operating in the country as the government seeks to rein in its budget deficit, taking particular aim at IT and back-office......

SEC slaps $16 mn fine on Diageo for bribery

US market regulator SEC has slapped penalties of over $16 million on spirits giant Diageo Plc for indulging in corrupt practices in India, Thailand and South Korea to push up sales of its leading......

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