India had seized and offered shares of Cairn in its erstwhile India unit, confiscated dividend due and withheld tax refunds to recuperate the tax demand it had levied two years after passing a regulation in 2012 that gave it powers to levy tax retrospectively. (File picture) Scottish power big Cairn Power has seized properties owned
Air India
The bench additionally stated any determination taken on this regard will likely be topic to the ultimate end result of the petition. US-based know-how options supplier Sabre GLBL has moved the Delhi High Court difficult Air India’s determination to nominate its rival Amadeus IT Group as service supplier for its built-in passenger companies methods (PSS).
With the sweetening of the deal, senior authorities officers are optimistic of the AI deal going by way of this time. The bids for AI are prone to be underneath Rs 20,000 crore. With the second wave of Covid hampering motion of executives of bidders, the asset analysis of the 2 giant CPSEs on the
In order to make the disinvestment and asset management process a resounding success, the government will need to take the investor into confidence. By Mahesh Singhi The Modi government came to power in 2014 on the promise of ‘Minimum Government and Maximum Governance’. With this promise, the government assured the country that it had no