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Business News: Govt accepts Cairn's offer on retro tax; company to withdraw cases now, refund to follow

Govt accepts Cairn's offer on retro tax; company to withdraw cases now, refund to follow : Rashtra News Moving quickly towards ending a retrospective tax dispute with a firm that gave India its largest oilfield, the government has accepted Cairn Energy PLC's undertakings which would allow for the refund of taxes, sources said. Meeting the

Singapore , United-kingdom , France , India , Paris , France-general- , French , Vodafone , India-ltd , Cairn-energy , Sabmiller

Korea's leading refiner SK Innovation's Q1 net loss widens on FX losses

SK Innovation, Korea's leading refiner by sales, said Monday its net losses widened in the first quarter from a year earlier due mainly to foreign-exchange losses.

Saudi-arabia , Russia , Organization-of-the-petroleum-exporting-countries , Petroleum-exporting , Sk-on , Car-battery , Sk-innovation , Oil , Oil-output , Net-loss , Company

Eight people arrested for half a million euro "Man in the middle" scam | Spanishvida

The Guardia Civil, within the framework of operation Doctor-51, has dismantled an organisation and arrested eight members of it in Almería, for swindling more than half a million euro with the “Man in the middle” method. Among those detained are the corporate manager, the people who acted as economic mules and their recruiter. Two entries

Czech-republic , United-arab-emirates , Switzerland , Taiwan , Belgium , Hong-kong , Italy , France , Guardia-civil , First-instance , Arrested

Bandhan Bank: Outgoing MD & CEO Chandra Shekhar Ghosh considering stake sale in promoter group, says report

While sources say Chandra Shekhar Ghosh is in talks for a stake sale in Bandhan Financial Services, the executive said he would like a ‘strategic role’ in holding the company after his departure as MD and CEO of Bandhan Bank.

India , Singapore , Bandhan-employee-welfare , International-finance-corporation , Bandhan-bank , Financial-inclusion , Stakeholders-in-bandhan-bank , Read-bandhan-bank-ghosh , Bandhan-financial-holdings , Bandhan-financial-services-ltd , Bandhan-financial-services

New KT&G CEO vows to make Indonesia company's global production hub

KT&G CEO Bang Kyung-man visited Indonesia to oversee the expansion of the company's manufacturing bases there to make the country a hub for its overseas market expansion plan, according to South Korea's major tobacco company, Monday.

Jakarta , Jakarta-raya , Indonesia , Maulana , Indonesia-general- , Daejeon , Taejon-gwangyoksi , South-korea , Surabaya , Jawa-timur , East-java , Indonesian

Michelin releases first list of Key Hotels in the US under new rating system guide

In recognition of the “most outstanding hotels in the country”, French company Michelin has released its premiere list of Key Hotels in the United States as...

Meadowood , Colorado , United-states , France , Beaux , Auvergne , Chicago , Illinois , Santa-monica , California , Washington , New-york

CJ Foodville bolsters Tous Les Jour for Cambodian bakery market

CJ Foodville has begun expanding its overseas bakery market in Southeast Asia by opening new stores for its signature bakery brand, Tous Les Jours, in Cambodia, according to South Korea's major food company, Monday.

Indonesia , United-states , South-korea , Laos , Phnom-penh , B11- , Cambodia , Canada , Vietnam , Republic-of , Cambodian , Les-jours

KT pursues AI-powered media content business

KT is strengthening its media business utilizing artificial intelligence technology capabilities, taking the content business as one of its core growth pillars, the company said Monday.

Seoul , Soult-ukpyolsi , South-korea , Baek-byung-yeul , Kim-hoon-bae , Novotel-ambassador-seoul-dongdaemun-hotels , Kt-group , Internet-protocol , Magic-platform , Ai , Content

Monday's Insider Report: Couche-Tard co-founder sells $11-million worth of shares

A look at recent notable transactions

Canada , Canadian , Richard-fortin , Michael-stramaglia , Supriya-james , Dollarcity-nicolas-hien , Canadian-western-bank , Dollarama-inc , Tard-inc , Matrisc-advisory-group-inc , Log-increate-free , Western-bank

Azim Premji's family office bets on Artificial Intelligence ventures for $10 billion Premji Invest fund, says report

Tech tycoon Azim Premji's family office is betting on Artificial Intelligence to prop up its $10 billion worth Premji Invest fund, and will thus increase investments in the sector, Bloomberg reported.

United-states , London , City-of , United-kingdom , Blackrock , United-kingdom-general- , India , Azim-premji , Cohesity-inc , Softbank-group-corp , Blackrock-inc , Wipro