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UK's Hardy in talks to buy out Reliance Industries stake in GS-1 block

Jun 11, 2015

UK's Hardy in talks to buy out Reliance Industries stake in GS-1 block

RIL wants to exit Gujarat-Saurashtra offshore basin block (GS-01) as it feels that reserves discovered so far are not economically significant. #Reliance Industries #Energy #CompanyWatch #Hardy Oil & Gas #Gujarat-Saurashtra offshore basin block #GS-01 #Dhirubhai-33 #Field Development Plan #Bsuiness
HSBC job cuts: Indian operations likely to see minimal impact; may get surprise benefits

Jun 10, 2015

HSBC job cuts: Indian operations likely to see minimal impact; may get surprise benefits

Out of the 32,000 employees of HSBC in India, as many as over 27,000 are employed in the back offices and development centres #Offshoring #HSBC #HSBC India #Job cut
Petrobras, ONGC find new oil reservoir off Brazil's Sergipe coast

Jun 02, 2015

Petrobras, ONGC find new oil reservoir off Brazil's Sergipe coast

Well 3-SES-189, located in the Poo Verde area discovered in 2012 in the BM-SEAL-4 exploration block, was drilled down to 5,350 meters in waters 2,479 meters deep. #Energy #NewsTracker #ONGC #Bharat Petroleum #Videocon Industries #Petroleo Brasileiro #Diamond Offshore Drilling
We are not a rock-island offshore financial centre, says Mauritius

Apr 17, 2015

We are not a rock-island offshore financial centre, says Mauritius

The government of Mauritius responds to a recent article in Firstpost on how regulatory issues involving some financial companies have been handled #Tax haven #Mauritius #Offshore Financial Centre
Hero MotoCorp promoter further divests stake, sells shares worth Rs 945cr

Feb 19, 2015

Hero MotoCorp promoter further divests stake, sells shares worth Rs 945cr

Hero MotoCorp Ltd promoter Hero Group today further divested its equity holding in the company by selling shares worth Rs 944.76 crore, a day after undertaking a similar exercise for Rs 1,865.44 crore. #Hero MotoCorp #Pipavav Defence #Hero Group #Offshore Engineering
Reliance investors must wait till 2016-17 for payoffs Here's why

Jun 19, 2014

Reliance investors must wait till 2016-17 for payoffs Here's why

Why shareholders will have to stay invested in Reliance for the medium term to reap the benefits from the new investments #Business #Mukesh Ambani #ConnectTheDots #Reliance #RIL #Shareholders #Reliance investment #Krishna-Godavari offshore fields
Apple CEO Tim Cook unapologetic for company's tax strategy

May 22, 2013

Apple CEO Tim Cook unapologetic for company's tax strategy

Apple Inc Chief Executive Tim Cook made no apology on Tuesday for the iPad maker saving billions of dollars in US taxes through Irish subsidiaries and told lawmakers that his company backs corporate tax reform, even though it may end up paying more. #Apple Inc. #Technology #Apple #TechWars #Tim Cook #Personal Technology #Apple tax evasion #Apple Ireland offshore #Technology Companies
Apple's Cook to propose tax changes at congressional hearing

May 17, 2013

Apple's Cook to propose tax changes at congressional hearing

Cook's proposals would aim to put more companies' offshore money to use creating jobs and conducting research and development in the United States, he said in an interview with the Post. #Technology #Apple #CompanyWatch #Tax #Tim Cook #Offshore funding #overseas cash reserves