Among the world’s top universities, MIT was the single largest investor in the QIP of the quick service restaurant chain. The Cambridge, US-based private research university invested ₹92 crore in the issue as a foreign portfolio investor.
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