| Govt allows foreign firms to bid for 3G auction | 24-OCT-09 |
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| "Interested foreign entities are allowed to participate in the auctions directly and apply for licences subsequently," the revised Information Memorandum, giving details about eligibility criteria and time schedule said. |
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| BHEL in talks with foreign firms for JV | 10-OCT-09 |
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| State-run power equipment maker BHEL today said it would finalise a global technology partner for the proposed joint venture to manufacture power transmission equipment within three months. |
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| India wants to open legal sector to foreign firms | 03-OCT-09 |
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| Union Minister for Law and Justice M Veerappa Moily said India was committed to opening its legal sector to foreign law companies as agreed under the World Trade Organization (WTO) negotiations, but would tread cautiously on this decision. At the same time, the country would not do anything that undermined the autonomy of the Bar Council of India, he added. |
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| IAF begins flight trials for foreign firms | 17-AUG-09 |
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| The Indian Air Force today began the flight evaluation and performance trials for the six foreign defence firms which are in race to bag an estimated $10 billion order for 126 Medium Multi Range Combat Aircraft. |
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| Bill allows merger of Indian companies with foreign firms | 12-AUG-09 |
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| The Companies Act Amendment Bill, which was tabled in Parliament in the Budget session that adjourned last week, has proposed to allow Indian companies to merge with overseas companies, a move that could introduce greater flexibility in cross-border merger and acquisitions (M&As). |
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| Capital gains tax blow may soften for foreign firms exiting JVs | 05-AUG-09 |
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| A precedent-setting order by the Authority for Advance Ruling (AAR) could enable foreign companies exiting their India joint ventures to pay long-term capital gains tax at a concessional 10 per cent rate instead of linking it to a complex indexation formula that requires multiple foreign currency conversions. |
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| Alternative conflict resolution mechanism for foreign firms | 13-JUL-09 |
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| In an article which appeared on 29 June 2009 in these columns, it was suggested to enlarge the scope of Advance Ruling to provide a more effective mechanism for resolution of tax disputes between the tax department and foreign companies operating in India. |
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| Foreign cos not taxable for carrying calls abroad: AAR | 03-JUL-09 |
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| Foreign telecom firms operating without a permanent establishment in India are no more required to pay any tax on income from carrying international calls and data services in pacts with domestic operators. |
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| Foreign firms may buy UTI AMC's 26% stake | 15-JUN-09 |
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| Three overseas financial giants have evinced interests to pick up 26 per cent stake in UTI AMC, where four stakeholders including LIC and SBI have 25 per cent stake each. |
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| Foreign firms will have to bring forex for equity infusion | 27-FEB-09 |
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| Foreign owned or controlled “investing companies” have to bring in foreign exchange for any fresh equity investment made here, not use profits made in India or borrow from the market, declared the Department of Industrial Policy and Promotion (DIPP) today. |
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| Overtures from buyers begin | 21-JAN-09 |
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| The new board of Satyam Computer Services confirmed it has received buyout proposals from Indian and foreign firms besides a favourable response from banks for credit to meet the company's cash requirements. |
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| Crompton Greaves eyes foreign firms | 28-NOV-08 |
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| Crompton Greaves, a power solutions provider, said it has plans to acquire US- or Europe-based manufacturers of power and industrial systems as valuation of overseas companies has dropped sharply |
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| Foreign firms ensuring spare supply can get finance | 23-SEP-08 |
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| Foreign equipment suppliers will have to guarantee uninterrupted flow of spare parts to the power companies for atleast 25 years to seek financing from Power Finance Corporation and other financial |
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