State-owned Central Bank of India will exit its housing finance joint venture by selling its entire stake of more than 64% to Centrum Housing Finance for ₹160 crore. “This is to inform that the bank …
Central Bank to exit housing finance business, to sell JV stake for ₹160 crore
The Central Bank said that it has entered into a binding agreement to divest its entire equity stake of 64.40% i.e. 1,61,00,000 shares of face value of ₹10 each in Cent Bank Home Finance, to Centrum …
India challenges Vodafone arbitration ruling in Singapore court
Vodafone Group won a long-pending arbitration case against India’s income tax department over a ₹22,000 crore retrospective tax demand.The Permanent Court of Arbitration in The Hague held that any att …
Retro tax: India challenges Voda arbitration ruling in Singapore
The last is yet to be heard on the issue of retrospective tax, as India has appealed before the Singapore Court against the tax arbitral award favouring British telecom giant Vodafone. While there was …
Taiwan Lawmakers Approve Imports of Additive-Fed U.S. Pork
Taiwan’s parliament on Thursday approved measures that pave the way for imports of U.S. pork containing a leanness-enhancing additive, despite objections by the main opposition Kuomintang (KMT) party …
Taiwan Lawmakers Approve Imports of Additive-Fed U.S. Pork
Taiwan’s parliament on Thursday approved measures that pave the way for imports of U.S. pork containing a leanness-enhancing additive, despite objections by the main opposition Kuomintang (KMT) party …
UK-UAE export credit deal set to ‘significantly’ boost trade corridor
The recent signing of a reinsurance agreement between the UAE and the UK is set to lead to an influx of British companies exporting into the region, according to experts. The new agreement – signed by …
Azerbaijan talks financial support for taxpayers engaged in COVID-hit spheres
Financial support to 1,776 taxpayers engaged in coronavirus-affected spheres in Azerbaijani districts was provided, Trend reports citing the State Tax Service under the country’s Ministry of …
Korea Eximbank donates 350 million won to foster ‘social enterprises,’ help the vulnerable.
By Lee Kyung-min The Export-Import Bank of Korea (Korea Eximbank) said Thursday that it has donated 350 million won ($317,000) to Band Foundation, to foster “social enterprises” t …
Promoting Economic Resilience in Yemen
The civil war has caused widespread damage to vital economic infrastructure, severely limited food and fuel imports, accelerated inflation and halted Yemen’s exports. The collapse of the Yemeni …