Tata Steel reported a significant profit jump in the September quarter. India operations drove strong volume growth. The Netherlands unit saw a sharp rise in operating profit. The company also narrowed losses in its UK operations. Sales increased year-on-year. Earnings before interest, tax, depreciation, and amortisation rose substantially.
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