www.skpcrossborder.com December 2004
Your eye to India-centric and International updates
In the News

A recent ruling by the tax authorities in India has held that all income arising to Foreign Institutional Investors (FIIs) from investments in India will be treated as business income and such income would not be subject to tax in India.. Our Say

The newly-formed Competition Commission of India, which is finalising its draft regulations, is planning to bring big-ticket domestic merger and acquisition (M&A) deals under its ambit, since these deals would amount to influencing competition... Our Say

Interesting Reads

Robust stock market performance and buoyant fundamentals in India are making foreign companies interested in the growing asset management business here. more

The Indian government in its efforts to simplify investing in the country, is making the process of approvals for issue of fresh equity to foreign investors, easier . more

The following article “Hindrances to M & A in the Banking Sector” appeared in the Financial Express dated November 1, 2004. We thought it would be worth a read especially because of the emergent trend of mergers and acquisitions in India’s banking and financial services sector. more

Top
Quick Links
Private equity investors bet big on local firms

India among top four FDI destinations in Asia

India Inc
- Investment briefs
RFID player - OAT Systems now in Bangalore
Mimosa launches operations in Pune
SKF automobile R&D center set up in Bangalore
Nortel to set up two more offices
UK-based C&W to invest $5 m to strengthen presence in India
British bank hikes India outsourcing to 2,500 jobs
Microsoft's Hyderabad campus to house 3200 pros
Rs 14,000 cr Fab unit in Hyderabad
Quantum, Wipro partner for Engg. & design

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