The African nation invites Indian investors to partake in its growth journey with a wide array of financial advantages and tax incentives. Highlights: Tunisia has signed 54 bilateral agreements for the promotion and protection of investments as part of its policy to promote and diversify trade. Tunisia reduced its income tax rate to 10 per cent for totally exporting companies, and total exemption from VAT and customs duties on inputs of products to be re-exported. The country also introduced the [...]
As one of the most economically diverse states in the US, Illinois offers a world-class business environment, several financial initiatives, tax credits and international business development support for companies looking to expand operations in the state. Highlights: Illinois ranks number one in agricultural biosciences, is the largest soybean producer in North America, and is nationally ranked in the top five for chemical manufacturing, food processing, and plastics manufacturing. The state’s ‘5 Year Economic Plan’ has created a roadmap for the [...]
Anit Chandarana is the Chief of Staff at Network Rail, the owner and developer of Britain’s rail infrastructure. In this interview,..
The Tata Group owned Jaguar Land Rover (JLR) made a return to profit amid an overall gloomy outlook for the automotive sector following Britain’s exit from the European Union (EU). Highlights: Tata owned Jaguar Land Rover bucked an overall industry trend which saw UK car production drop by marking a 2.8 per cent rise year-on-year. JLR has attributed the turnaround to its Project Charge, which reduced operating costs by £154 million and delivered cost and cash flow improvements totalling £2.9 billion. [...]
A limited trade deal worth about $10-12 billion between India and US is likely to be signed during President Trump’s visit to India. This will pave the way for an FTA between the countries and facilitate a closer strategic clinch that will provide the world a counter to the rise of China. Highlights: The US and India are likely to sign the much talked about limited trade deal between during Trump’s India visit. India’s defence purchases from the US forms [...]
India’s national carrier, which failed to find a buyer when it was put on the block two years ago, is once again in play. And this time, the Modi government has sweetened the deal by removing more than $4-billion debt from its books and offering to sell a 100 per cent stake. The last time the Maharajah, aka Air India, was up for sale, it found no takers. When the Narendra Modi government tried to sell a 76 per cent [...]