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The Chinese way
China has always been a country with which we have compared ourselves. Despite major upheavals, including famines, hare-brained experiments like making steel in backyard furnaces, and the cultural revolution, China has performed far better than us on the economic front. In the last two decades, after China embraced economic reforms, the gap between Indian and Chinese performance has widened sharply.
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Pricing it right
Pricing is very important in any acquisition. If the opinion of analysts is to be trusted, some recent takeover attempts seem to be grossly mispriced. This could have unfortunate consequences.
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I am not anti-MNC but pro-swadeshi, says George Fernandes
"I am not anti-MNC but pro-swadeshi" says Samata Party president George Fernandes. The man tipped to take a senior cabinet position in case a BJP-led government comes to power talks with The Financial Express.
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The concept of royalty and technical-assistance fees
With an increasing number of foreign collaborations being entered into by Indian companies, the tax implications need to be considered carefully having regard to the provisions of the Income-tax Act, 1961 as well as treaties entered into for avoidance of double taxation by India with foreign countries.
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