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UK's Superdry To Sell South Asian IP Assets To Reliance For $48 Million
Reliance Retail will buy UK-based Superdry's licenses and brand assets in three Asian countries for 40 million pounds, expanding its tie-ups with foreign brands and giving the struggling UK fashion retailer much-needed funds.
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Iran Hopes Prisoner Swap With US Will Happen Today After Assets Unfrozen
Iran hopes that a prisoner swap with the United States will go ahead Monday, once Tehran gains access to $6 billion frozen by US ally South Korea, the Iranian foreign ministry said.
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Rs 37-Crore Asset Of Goa Miner's Son Seized In 'Pandora Papers' Probe
The Enforcement Directorate today said it has seized an asset worth Rs 36.8 crore of a Goa-based miner's son as part of its investigation into 'Pandora Papers' leaks which "revealed" his alleged undisclosed foreign exchange dealings outside India.
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Bungalows, Cars Worth $734.32 Million Seized In Singapore Money Laundering Case
Singapore's police said they have seized S$1 billion ($734.32 million) in assets from a gang of foreigners laundering proceeds from organised crime, including plush bungalows in the most sought-after addresses, bundles of cash,
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Mining Baron Anil Salgaocar's Assets Attached Over Forex Violation
The Enforcement Directorate has issued a seizure order against the estate of former Goa MLA and mining magnet Anil Salgaocar and seized the shares held by this estate in connection with the foreign assets held by Mr Salgaocar before his death.
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Israel Follows UK to Exempt Foreigners from Paying Taxes on Crypto Gains: Details
Israel aims to paint its picture as a pro-crypto nation to attract investors to engage with its economy. To do so, the country is mulling if Israel should exempt foreigner residents from paying taxes on incomes derived from the sale of crypto assets.
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Rs 13,566 Crore Tax Demands Raised In 4 Years: Minister
The income tax department raised tax demands amounting to Rs 13,566 crore during the last four financial years under the black money law to deal with undisclosed foreign income and assets, the government told Parliament on Monday.
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Voyager Gains Initial Court Approval for $1 Billion Binance Deal, Responds to National Security Concerns
Voyager, the bankrupt crypto lender on Tuesday said it had received initial court approval for the proposed sale of the firm's assets to Binance. The lender also said that it would address any issues that would lead the US Committee on Foreign Investment in the United States (CFIUS) to oppose the transaction, which it says will allow customers to r...
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Rupee Up 34 Paise To Close At 81.38 Per Dollar
The Indian rupee registered the first monthly gains in the past eleven-months following a rebound in the risk assets, lower crude oil prices and foreign fund inflows, said Dilip Parmar, Research Analyst, HDFC Securities.
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Crypto Industry Disappointed As Australia Looks To Tax Digital Currencies
The crypto industry said it was disappointed with Australia's decision to continue treating digital currencies as assets for tax purposes, and not as foreign currency.
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Will Retaliate If European Union Seizes State Assets: Russia
Russia will retaliate if its state and citizens' assets are confiscated by the European Union, the Foreign Ministry said on Thursday.
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Crypto Sector Disappointed Over Australia's Decision to Treat Digital Currencies as Assets
The cryptocurrency industry said on Wednesday it was disappointed with Australia's decision to continue treating digital currencies as assets for tax purposes, and not as foreign currency. The government said in its budget announcement on Tuesday it would introduce legislation to enshrine the treatment of digital currencies such as Bitcoin as an as...
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Cryptocurrency Industry Disappointed As Australia Looks To Enshrine Tax Rules
The cryptocurrency industry said on Wednesday it was disappointed with Australia's decision to continue treating digital currencies as assets for tax purposes, and not as foreign currency.
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Foreign Investors Turn Net Sellers Of Indian Assets For Second Straight Month
Foreign Portfolio Investors (FPIs) have sold Indian stocks worth Rs 5,992 crore in October and become net sellers for the second straight month.
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South Africa Classifies Crypto Assets as Financial Products, Clears Deck for Regulation
South Africa's financial watchdog, the Financial Sector Conduct Authority (FSCA), on Wednesday said that it had classified cryptocurrency assets as financial products. The move comes ahead of plans to regulate the crypto sector. Financial watchdogs across the globe have been grappling with how to regulate new digital currencies and tokens, the pric...
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UK's Superdry To Sell South Asian IP Assets To Reliance For $48 Million
Reliance Retail will buy UK-based Superdry's licenses and brand assets in three Asian countries for 40 million pounds, expanding its tie-ups with foreign brands and giving the struggling UK fashion retailer much-needed funds.
-
Iran Hopes Prisoner Swap With US Will Happen Today After Assets Unfrozen
Iran hopes that a prisoner swap with the United States will go ahead Monday, once Tehran gains access to $6 billion frozen by US ally South Korea, the Iranian foreign ministry said.
-
Rs 37-Crore Asset Of Goa Miner's Son Seized In 'Pandora Papers' Probe
The Enforcement Directorate today said it has seized an asset worth Rs 36.8 crore of a Goa-based miner's son as part of its investigation into 'Pandora Papers' leaks which "revealed" his alleged undisclosed foreign exchange dealings outside India.
-
Bungalows, Cars Worth $734.32 Million Seized In Singapore Money Laundering Case
Singapore's police said they have seized S$1 billion ($734.32 million) in assets from a gang of foreigners laundering proceeds from organised crime, including plush bungalows in the most sought-after addresses, bundles of cash,
-
Mining Baron Anil Salgaocar's Assets Attached Over Forex Violation
The Enforcement Directorate has issued a seizure order against the estate of former Goa MLA and mining magnet Anil Salgaocar and seized the shares held by this estate in connection with the foreign assets held by Mr Salgaocar before his death.
-
Israel Follows UK to Exempt Foreigners from Paying Taxes on Crypto Gains: Details
Israel aims to paint its picture as a pro-crypto nation to attract investors to engage with its economy. To do so, the country is mulling if Israel should exempt foreigner residents from paying taxes on incomes derived from the sale of crypto assets.
-
Rs 13,566 Crore Tax Demands Raised In 4 Years: Minister
The income tax department raised tax demands amounting to Rs 13,566 crore during the last four financial years under the black money law to deal with undisclosed foreign income and assets, the government told Parliament on Monday.
-
Voyager Gains Initial Court Approval for $1 Billion Binance Deal, Responds to National Security Concerns
Voyager, the bankrupt crypto lender on Tuesday said it had received initial court approval for the proposed sale of the firm's assets to Binance. The lender also said that it would address any issues that would lead the US Committee on Foreign Investment in the United States (CFIUS) to oppose the transaction, which it says will allow customers to r...
-
Rupee Up 34 Paise To Close At 81.38 Per Dollar
The Indian rupee registered the first monthly gains in the past eleven-months following a rebound in the risk assets, lower crude oil prices and foreign fund inflows, said Dilip Parmar, Research Analyst, HDFC Securities.
-
Crypto Industry Disappointed As Australia Looks To Tax Digital Currencies
The crypto industry said it was disappointed with Australia's decision to continue treating digital currencies as assets for tax purposes, and not as foreign currency.
-
Will Retaliate If European Union Seizes State Assets: Russia
Russia will retaliate if its state and citizens' assets are confiscated by the European Union, the Foreign Ministry said on Thursday.
-
Crypto Sector Disappointed Over Australia's Decision to Treat Digital Currencies as Assets
The cryptocurrency industry said on Wednesday it was disappointed with Australia's decision to continue treating digital currencies as assets for tax purposes, and not as foreign currency. The government said in its budget announcement on Tuesday it would introduce legislation to enshrine the treatment of digital currencies such as Bitcoin as an as...
-
Cryptocurrency Industry Disappointed As Australia Looks To Enshrine Tax Rules
The cryptocurrency industry said on Wednesday it was disappointed with Australia's decision to continue treating digital currencies as assets for tax purposes, and not as foreign currency.
-
Foreign Investors Turn Net Sellers Of Indian Assets For Second Straight Month
Foreign Portfolio Investors (FPIs) have sold Indian stocks worth Rs 5,992 crore in October and become net sellers for the second straight month.
-
South Africa Classifies Crypto Assets as Financial Products, Clears Deck for Regulation
South Africa's financial watchdog, the Financial Sector Conduct Authority (FSCA), on Wednesday said that it had classified cryptocurrency assets as financial products. The move comes ahead of plans to regulate the crypto sector. Financial watchdogs across the globe have been grappling with how to regulate new digital currencies and tokens, the pric...
