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Foreign companies News

13 Jul 2021

Patanjali left behind foreign companies, claims Swami Ramdev

Swami Ramdev claimed in a press conference that Patanjali Yogpeeth has left behind all companies except Hindustan Unilever. Along with this, he said that by the year 2025, we will also leave Hindustan Unilever behind. Watch Swami Ramdev's press conference.

23 Aug 2017

I-T dept open to reducing withholding tax for companies

The income tax department is open to lowering the withholding tax rate for foreign companies which have income in India, a senior official said on Wednesday.

14 Apr 2017

Trademarks by foreign firms doubled in 2015-16: Report

Trademark applications in the country filed by foreign companies have doubled to 15,670 in 2015-16, reflecting renewed interest in Indian market.

04 Nov 2016

RBI issues guidelines for forex hedging by foreign companies

Reserve Bank of India (RBI) issued draft guidelines on how Indian subsidiaries of multinational companies can hedge their currency exposure risk in the country.

Chinese Auto Firm

08 Apr 2016

China firm boosts self-driving technology with $1 billion overseas deals

A Chinese auto firm said Friday it is buying two foreign companies and their self-driving technologies for more than $1 billion, as the world`s second-largest economy seeks to boost its foothold in the autonomous car market.

01 Oct 2015

Sebi allows higher overseas investment by AIFs, VCs

Markets regulator Sebi has allowed Alternative Investment Funds and Venture Capital Funds to invest up to 25 percent of their investible funds in foreign companies having 'Indian connection'.

21 Sep 2015

FM Jaitley confident of GST rollout next year

Promising a simple and globally competitive tax regime, Finance Minister Arun Jaitley on Monday said the government is confident of the new GST regime to roll out from the next fiscal and expressed confidence about an early resolution of pending disputes on direct taxes front.

06 Aug 2015

'Make in India' taking shape, foreign companies showing interest: FinMin

"Sony, Foxconn and many more. Budget booster in indirect taxes silently working for domestic manufacturing. Make in India taking shape," Revenue Secretary Shaktikanta Das said in a tweet.

Saudi stock market

16 Apr 2015

Saudi bourse to open to foreign traders for first time

The Saudi stock market will open on June 15 to direct trading by foreign companies for the first time, in a move likely to attract billions of dollars, regulators said Thursday.

15 Apr 2015

Foreign companies see turnaround in India: CII Director General

CII Director General Chandrajit Banerjee said the process of clearances in India has been streamlined and predictability has been brought about in taxes, setting the positive tone for foreign investments.

National Offset Policy

15 Dec 2014

Draft NOP: Govt proposes 30% local procurement for foreign cos

Foreign companies selling goods worth over Rs 300 crore to government or PSUs would have to source part of their supplies from domestic manufacturers, according to the new draft National Offset Policy (NOP).

Foreign companies

01 Aug 2014

Over 3,200 foreign companies operating in India: Govt

As many as 3,254 foreign companies were operating in India till June this year and the National Capital and Maharashtra had maximum number of such firms, Parliament was informed on Friday .

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