Cayman Islands

Vodafone moment for Flipkart shareholders? Advance tax, TDS pour in from capital gains on sale to Walmart

While Vodafone is challenging the retrospective amendment made in 2012 by the former finance minister Pranab Mukherjee, Flipkart promoters have no such latitude.

OYO raises $100 million from Singapore-based Grab's arm A1 Holding; eyes expansion in Southeast Asia

In October this year, OYO said it had forayed into Indonesia and also confirmed an investment of over $100 million in the country as part of its expansion in Southeast Asia.

Paradise Papers: MoS for civil aviation Jayant Sinha says transactions were legal, done in professional capacity

Union minister Jayant Sinha's name has cropped up in Paradise Papers even as he said that the transactions were not done for any "personal purpose".

Alibaba's finance arm, Ant Financial to seek growth before offering IPO

Investors gearing up for the initial public offering of Ant Financial, the $60 billion online finance arm spun off by e-commerce giant Alibaba, will have to wait until at least late 2017 as the business puts growth first, sources say.

The Panama documents are not the tip of the iceberg, they are a mere speck; here's why

The people benefitting from the global economy are those at the top, simply because our economic system is heavily skewed in their favour

Is Vodafone barking up the wrong tree on arbitration?

Vodafone, which has sent the government a notice on a law that is still to be passed, seems to have jumped the gun on arbitration.

FIFA official banned: charged with fraud, money-laundering

A member of the financial watchdog committee at football's ruling body FIFA has been charged with fraud, money-laundering and breach of trust.

Jayalalithaa asset case: The buck stops with election panel and taxmen

Politicians' bluff can be called only if the country enacts a meaningful anti-benami law with real teeth and enlists international cooperation

India, Cayman Islands tax info exchange pact operational

The agreement will remain in force until terminated by either of the contracting party.