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BRICS economies must have say in global tax rules as negotiations shape cross-border taxation: FM Sitharaman NEW DELHI: Finance minister Nirmala Sitharaman on Wednesday urged BRICS nations to share their experiences on treaty interpretation and multilateral negotiations in international taxation, saying global transfer pricing disputes “disproportionately” burden developing countries.India has proposed to set up two…

NO TRUCE Sameer Hiremath (left) and Baba Kalyani MUMBAI: Baba Kalyani voted against his own nephew and lost. Sameer Hiremath, 52, secured the chairmanship of Hikal despite opposition from Bharat Forge’s chairman and MD, with public shareholders tipping the balance.The resolution passed narrowly. Of the votes cast, nearly 52% backed Sameer’s appointment as CMD, against…

Adani Airports is the second-largest airport operator globally by passenger traffic, according to Bansal MUMBAI: Adani Airports CEO Arun Bansal said the company does not want to compete with its airline customers and has enough opportunities in the airport business, a day after govt said it was examining the pros and cons of allowing airport…

The vehicles, which will sell under the AMPSTAR brand, add to JSW’s auto portfolio that includes a joint venture with MG Motors, its own plans for JSW Motors and talks for buying into Skoda-VW in India. MUMBAI: Sajjan Jindal’s JSW Greentech is entering the crowded commercial vehicles business with electric trucks, hoping to not just…