Other Briefings
Christie’s Debuts First Major Art Auction in India
India’s luxury goods market is the world’s fastest growing Dec. 20 – The international art dealer Christie’s has just held its first auction in India. 83 lots of high value paintings and sketches, including works by Tyeb Mehta and Amrita Sher-Gil were on offer. Estimates for the total lot came to US$6-8 million. The art auction market in india […]
Survey: Bangalore on the Rise
In a recent survey conducted by the Global Initiative for Restructuring Environment and Management (GIREM) and real estate consultancy firm DTZ, Bangalore has been ranked as India’s top business destination in terms of infrastructure, human capital, city culture and basic quality of living.
India Drafts Safe Harbor Policy to Reduce Transfer Pricing Disputes
India’s Ministry of Finance has released a draft proposal with new rules governing the safe harbor policy for transfer pricing calculations, aiming to simplify and codify the country’s transfer pricing scheme
City Spotlight: Delhi
Aug. 21 – Delhi, also referred to as the National Capital Territory of Delhi, is comprised of two contrasting yet complimentary parts: Old Delhi and New Delhi – the capital of India. Delhi lies in the northern part of the country and is surrounded by the state of Haryana on all its sides except the […]
Ford Wastes No Time Breaking Ground for Vehicle Exports from Chennai
Aug. 1 – Ford India has become the second auto-manufacturer after Hyundai to have their dedicated car parking yard at Chennai Port. With Ford making India its global manufacturing and export hub, this dedicated facility at the Chennai Port marks a significant step to provide access and further accelerate exports of Chennai-made Ford autos, including […]
Hilton, Starbucks Add to Their India Portfolio
May 14 – Looking to further break into the Indian market, Hilton Hotels has committed to expand its mid-market and luxury brands in the country. Hilton, which already has established various hotels in India, recently acquired an additional number of properties on which it looks to open up and develop hotels for its luxury brand, […]
Indian Gov’t Boosts Export Incentives
The Indian government announced a variety of measures to boost India’s exports, including added benefits to special economic zones (SEZs), and a slew of incentives for exporters.
India Tightens Eligibility Norms for Listing on the Bombay Stock Exchange’s SME Platform
Nov. 29 – India’s Bombay Stock Exchange (BSE) has issued new conditions for companies seeking to list on the BSE’s small to medium-sized enterprise (SME) platform. Companies seeking to be listed on this platform through initial public offerings (IPOs) are already required to comply with the quantitative eligibility norms prescribed by the BSE. Now, however, […]
