The Pune District Court grants interim relief to Sanjay Kirloskar-led Kirloskar Brothers Limited, restraining Kirloskar Proprietary from using the ‘Kirloskar’ trademark. The court rules that the agreements are integral to the family settlement and cannot be terminated arbitrarily, a crucial point in the familial dispute.
India, France near deal on tax treaty, to lower levy on dividends paid to French parent companies
India and France are nearing a revised tax treaty that will reduce dividend taxes for French parent companies holding over 10% stakes to 5%, while