SWFs, Pension Funds may tap diplomatic channels to escape hike in tax surcharge
Nirmala Sitharaman told Parliament last week that the govt will not consider rolling back the budget measures, which are also applicable to foreign entities.
Deloitte, BSR fight with government over NCLT’s jurisdiction to ban them for 5 years
The auditors said that courts can’t rewrite a statute, l...
Amid financial stress, McLeod Russel makes Board changes
In a regulatory filing submitted on Saturday evening, McLeod Russel said that its bo...
IL&FS: NCLT allows govt to prosecute auditors Deloitte, BSR; C Sivasankaran and 2 independent directors
The corporate affairs ministry can now go ahead with prosecution based on the probe conducted by the SFIO.
Indian law firms agree to open doors for foreign peers
The entry of overseas law firms in India has long been staunchly opposed by local law firms, led by SILF.
NCLT allows the Ministry of Corporate Affairs plea to implead 22 more parties
The latest move to implead 22 parties includes leading auditors - Deloitte and BSR & Associates, an affiliate of KPMG.
China's Belt and Road leaves Kenya with a railroad to nowhere
Construction of what was intended to be a flagship infrastructure project for Eastern Africa was halted earlier this year after China withheld some $4.9 billion in funding needed to allow the line’s completion.
U.S. fears Cambodia resort may become Chinese naval base
China is now the single largest financier for infrastructure in Africa, funding one-in-five projects and constructing every third one, according to a Deloitte report.
Deloitte, KPMG firms get time till Friday to argue against ban plea
Govt had moved NCLT on June 10, seeking the ban on Deloitte Haskins & Sells, a part of Deloitte, and KPMG India affiliate BSR & Associates.
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