tax havens


EU-based banks helped place Danish money in tax havens

Mar 21 2018

European Union-based banks helped companies and individuals in Denmark to place money in tax havens, Danish tax authorities said on Wednesday.

EU states agree clamp-down on aggressive tax planning

Mar 13 2018

EU finance ministers agreed new measures to force accountants and banks to report aggressive tax schemes that help companies shift profits to low-tax countries.

EU ministers remove Panama and 7 others from tax haven blacklist

Jan 23 2018

European Union finance ministers confirmed that eight jurisdictions were removed from the bloc’s blacklist of tax havens, one month after the list was set up.

G20 leaders propose black list, crackdown on tax havens

Apr 16 2016

The move comes a week after 'Panama Papers' revealed names of a large number of individuals and shell entities.

Indian Markets


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Global Markets


Stocks In News



Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively

To add platform capabilities in the insurance segment which contributes 15% of total business

The Acquisition is expected to close within the next 3 months


Sells Essar Steel loan to Deutsche Bank

Has sold its $385 mn Foreign currency loan extended to Essar Steel

Bank has taken a 38% haircut

Rs 1600 cr is expected earnings to the bank from the deal

Economic Times Reports


To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn

The co is also in discussions to sell its residential and commercial projects in Chennai

To convene shareholder’s meet on 23rd March in regard to the proposed divestment

Mint Reports


Gets Order Worth Rs 230 Cr From NTPC

To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators

Will help NTPC commission the 3x 660MW plant started 12years


Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI

The completion period for the project is 30 months

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