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India allows up to 20 per cent FDI in LIC: Sources

  INDIA on Saturday (26) permitted up to 20 per cent foreign direct investment (FDI) under automatic route in the IPO-bound Life Insurance Corporation (LIC)...

India pays Cairn £780m to settle retro tax dispute

INDIA has paid Cairn Energy Plc Rs 79 billion (£780 million) in a refund of taxes it had collected to enforce a retrospective tax...

Barclays’ profit quadruples on recovery

  BRITISH bank Barclays has announced that its 2021 net profit more than quadrupled as the economy recovered from coronavirus fallout. Profit after tax surged to...

Sanjeev Gupta moves high court to reclaim Dunkerque aluminium smelter

  SANJEEV GUPTA’s GFG Alliance has launched legal action in London high court to reclaim an aluminium smelter in northern France from a US private equity fund,...

Financial viability important for starting new overseas flights: Vistara

  VISTARA chief Vinod Kannan has emphasised that financial viability will be important in deciding on flying to new international destinations. The full-service carrier, which commenced...

LIC IPO: Investors fret over govt control of insurer

  PROSPECTIVE investors in Life Insurance Corp of India’s (LIC) $8 billion IPO are seeking assurances from company management that it will not sacrifice their interests to...

Report: Women comprise 40 per cent of board members of top UK companies

  Women now make up nearly 40 per cent of the boards of Britain’s biggest 100 companies, compared with just 12.5 per cent a decade ago,...
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