Tag: Business

Business

G20 Finance Chiefs Back Global Tax Action: Draft

The Head of the G20 club's financial club from a large economy has supported an important step to stop multinational companies to shift into low tax havens and win back hundreds of billions of dollars in lost income, the design of communiques shows. The agreement in talks in the City of Italy Venice will be arranged to be completed on Saturday and close eight years of fighting on this issue. The aim was for state leaders to give him a final thanks to the October Summit in Rome. The pact for building a minimum minimum global tax rate of 15% is an effort to squeeze more money from technology giants such as Amazon and Google and other multinational companies that can shop for the most interesting tax base. While the tax manufacturing refers to the gap in the proposal and wanting more ambitiou...
Business

IPO-bound PharmEasy buys Thyrocare; is it worth the price and what does this mean for diagnostic sector?

In terms of one of the highest dealings in India's diagnostic sector, Phareasy on June 25 acquired a participation of 66.1 percent in ThyroCare Technologies Ltd (ThyroCare) for a RS 4,546 million rupees. API Holdings Ltd (API), the parent company of Phareasy, announced the "Signature of definitive documents to acquire 66.1 percent participation in ThyroCare by DR A Velumani and affiliates at a price of RS 1,300 per share by adding RS 4,546 million rupees ", A statement official indicated. The agreement was announced after the market hours on Friday. ThyroCare's shares rose 6.23 percent to terminate RS 1448.05 in BSE. "We will provide a world-class customer experience in diagnostics, rival our pharmacy experience by taking advantage of technology and building on the massive scale and truly ...