India Finance and Business news

(Updated Every 15 minutes)
Share    

HSBC discloses tax evasion probes in India, other countries
Economic Times LONDON/NEW DELHI: Global banking giant HSBC has disclosed being probed by tax authorities in India and several other countries, including against its Swiss and Dubai units, for allegedly abetting tax evasion of four Indians and their families. Besides ... --

Nepal to organise international investment summit on March 2-3
Nepal to organise international investment summit on March 2-3 A number of Indian and Chinese companies will participate in an international summit in Nepal next week that aims to position the landlocked country as an attractive investment hub.

ITC To Resume Cigarette Manufacturing
ITC manufactures a range of cigarette brands, including India Kings, Classic, Gold Flake, Navy Cut, Capstan, Bristol, Flake, Silk Cut, which are manufactured at plants in Bengaluru, Munger, Saharanpur...

India seeks to speed up foreign deals with 'one-stop shop'
The Finance Ministry, seeking to speed up deals with outside investors, is set to take full control of the oversight of more than $40 billion a year in foreign direct investments and share purchases, two government sources said.

Prime Minister Modi to have last laugh in UP campaign
Prime Minister Modi to have last laugh in UP campaignThe Samajwadi Party-Congress alliance has also postponed the Rahul Gandhi-Akhilesh Yadav road show that was scheduled in Varanasi for February 27.

Buffett scorns tricky Wall Street accounting, but defends buybacks
Buffett scorns tricky Wall Street accounting, but defends buybacks. Read full details

L.L. Bean rebuffs boycott over granddaughter’s big Trump donation
L.L. Bean rebuffs boycott over granddaughter’s big Trump donationA man wipes off the headlights of the L.L. Bean Bootmobile in the parking lot at the facility where the famous outdoor boot is made. L.L. Bean is pushing back against a boycott led by a group urging consumers not to shop at retailers that support President-elect Donald Trump after it was revealed that Linda Bean, heir of the Maine-based company’s founder, had donated to a political action committee that helped elect Trump. “We are deeply troubled by the portrayal of L.L. Bean as a supporter of any political agenda,” Shawn Gorman, L.L. Bean’s executive chairman, said in a statement posted to Facebook late Sunday.