Tata group is looking to enter semiconductor manufacturing, Chairman N Chandrasekaran said on Monday. The Finance Ministry on Monday said a Bill to end retrospective taxes will encourage companies to invest in India
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Indian promoters likely to give personal guarantee on foreign assets
Indian promoters likely to give personal guarantee on foreign assets
In a major shift from its earlier stance, the Reserve Bank of India (RBI) on Monday proposed allowing Indian promoters to issue personal guarantees for overseas firms in which they have acquired a controlling stake, albeit with limits. At the same time, an Indian company can pledge