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These decisions will help India, which depends on imports for meeting 85% of its oil needs, to cut reliance on overseas shipments. The Union Cabinet on Wednesday approved a host of amendments to the National...
The venture capitalist (VC) firm, which invests across Southeast Asia and India, has already made investments with the new corpus in Singapore’s Sleek, Vietnam’s first digital bank Timo, Indonesia’s Desty and India’s direct-to-consumer electronics brand Atomberg,...

No capital gains or any other tax for Adani deal: Holcim CEO Jan Jenisch

Mauritius-based Holderind Investments, which holds a 63% stake in Ambuja Cements, can claim exemption from capital gains tax under the India-Mauritius tax treaty. Holcim...

Adani to acquire Holcim India assets for $10.5 billion: Deal to propel group to second slot in cement

Adani Group’s acquisition of Holcim’s stake in Ambuja would immediately propel the company to the second slot, with a total production capacity of 70.9...

FirstMeridian Business Services files Rs 800-crore IPO papers with SEBI, promoters to trim stake via issue

Shares of FirstMeridian Business Services will list on the BSE and National Stock Exchange (NSE). Staffing company FirstMeridian Business Services has filed draft IPO...

Ultatech makes a formal bid for Holcim’s India assets

The JSW Group, which is already present in the sector and the Adani Group which does not have a presence, are also reportedly in...

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