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  • Business

Govt earns huge tax from big corporate deals

 As corporate India unlocks value through mega deals, the Union government is smiling all the way to the bank.The government is likely to earn Rs 7,000 crore (Rs 70 billion) tax in the current......

More cases of tax evasion in cross border deals

 The government said it has identified a few more cross-border merger and acquisition cases, including Barclays-Intelnet deal, for possible tax evasion after slapping Rs 11,000-crore (Rs 110......

DIPP clears Bharti, Tata Tele proposals

 The Department of Industrial Policy and Promotion, or DIPP, has given three clearances under press notes 2 and 4, issued in February this year, which changed the way indirect foreign equity is......

HDFC, Barclays to sell Intelenet stake

 HDFC and Barclays Bank on Monday announced they will exit their joint venture Intelenet Global Services by selling stakes to SKR BPO Services, co-owned by Blackstone GVP Capital and Intelenet......

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