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BusinessToday.in
New Delhi, July 10, 2018
China agrees to cut tariffs on Indian cancer drugsChina said on Monday it had reached an agreement with India to reduce tariffs and increase imports of Indian medicines, particularly anti-cancer drugs. The decision was part of its efforts to broaden trade relations amid its on-going spat with the United States. Both India and China slashed import tariffs of a range of products starting July 1, following the fourth round of negotiations under the Asia Pacific Trade Agreement (APT...


BusinessToday.In
July 10, 2018
The Income Tax Department seized the shares after issuing Cairn with a Rs 10,247 crore tax demand on capital gains made on at the time of the sale of business to Anil Agarwal-led Vedanta.


Devika Singh
New Delhi, July 9, 2018
According to a study by digital marketing suite SEMrush, India ranks second to the US in search volume distribution for FIFA World Cup 2018. This means that after the US, India is the second country searching most about the event.


BusinessToday.In
New Delhi, July 9, 2018
The DoT nod is significant as reports suggest the process of the proposed deal is being closely watched by the PMO. Being one of the biggest merger deals in telecom makes it even more interesting for foreign investment companies looking for future deals in India.


B.S. Srinivasalu Reddy
New Delhi, July 9, 2018
A new breed of fintech lenders is creating a niche segment.


PTI
July 7, 2018
The new UKRI Science, Research and Academia scheme, which is being added to the already existing Tier 5 visa route, opened from yesterday for researchers, scientists and academics from outside the European Union to come to the UK for up to two years.


Mail Today Bureau
July 7, 2018
SBI is the leader of the consortium of 13 banks that lent about Rs 9,000 crore to Mallya's now defunct Kingfisher Airlines. The state-run lender has appointed a valuer to assess the value of Vijay Mallya's assets. 


Munish Chandra Pandey
July 7, 2018
The Enforcement Directorate has already communicated with Hong Kong authorities and will approach other countries too. Both the Central Bureau of Investigation and the ED are using other channels as well to tighten the noose around the fraudster.


BusinessToday.In
New Delhi, July 6, 2018
The London mayor \"supports the right to peaceful protest and understands that this can take many different forms,\" as mentioned in a statement on Sadiq Khan's behalf.


BusinessToday.In
New Delhi, July 6, 2018
SBI Managing Director Arijit Basu says Indian banks are working closely with various agencies, including in the UK, to recover the maximum possible assets owned by Mallya.


BusinessToday.In
New Delhi, July 6, 2018
ED initiates extradition process against Nirav Modi under MLATWith the permission of special PMLA Court, the Enforcement Directorate (ED) has begun the extradition process against diamantaire Nirav Modi in $2-billion PNB loan fraud case under PMLA. Till now, the extradition has been sought from UK, Belgium and a few other countries. But that's not all. The agency is also working on another strategy, i.e. MLAT. Sources told Indiatoday.in that the agency is also making a request for...


PTI
July 6, 2018
The CEO of German industrial giant Thyssenkrupp on Thursday announced his resignation, just days after he hailed the \"historic\" merger of the company's steel-making business with Tata Steel.


Virendrasingh Ghunawat
July 5, 2018
With the permission of special PMLA Court, the Enforcement Directorate (ED) has begun the extradition process against diamantaire Nirav Modi in $2-billion PNB loan fraud case under PMLA.


PTI
New Delhi, July 5, 2018
The Delhi High Court today sought the Centre's response to a plea by Vodafone challenging an order that the high court has jurisdiction to entertain a plea against the international arbitration initiated by the company against India in connection with a tax demand of Rs 11,000 crore.


PTI
New Delhi, July 5, 2018
The order grants permission to the UK High Court Enforcement Officer to enter the 62-year-old tycoon's properties in Hertfordshire, near London. It permits the officer and his agents entry to Ladywalk and Bramble Lodge in Tewin, Welwyn, where Mallya is currently based.


BusinessToday.In
July 5, 2018
\"Investors are more circumspect about everything. Trade war-related issues can possibly pose nasty surprises if they are not reined in properly,\" said Deven Choksey, founder, KR Choksey Investment Managers.


BusinessToday.In
July 5, 2018
At 12:17 pm, the stock fell 2.73% or 7.20 points to 259.80 level.  It hit over five year low of 252.55 level intra day, lowest since April 2013.  The stock was the among the top  Sensex losers in morning trade. The stock has been falling for the last two days and is down 3.64% during the period.


Mail Today Bureau
July 3, 2018
The move comes weeks after the killing of 13 protesters in police firing at the company's copper smelter plant in Tamil Nadu last month that led to political opposition to the company in the UK and drop in its share price.


PTI
July 2, 2018
Vedanta Resources in a statement said it would recommend acceptance of the offer by the shareholders, who would also be entitled to a previously announced dividend of $0.41 per share. The company no longer sees the London listing as necessary to access capital and the deal will simplify Vedanta's corporate structure, it said.


Rahul Shrivastava
June 30, 2018
In 2016, funds stashed by Indians in Swiss banks had fallen by 45 per cent to Rs 4,500 crore. The drop was the highest since the Swiss banks shed their secrecy clauses that shielded depositors in 1987. The latest data shows that the money parked directly with the banks is now pegged at Rs 6,891 crore and another Rs 112 crore through fiduciaries.


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