Convertible securities emerged during the nineteenth century in the U.S. This was during a period in which securing capital in a swiftly expanding nation posed several difficulties, which led to the incorporation of convertible clauses in mortgage bonds. This addition aimed to attract investors primarily for funding the railroad construction. Subsequently, several companies across various industries began adopting such financial…

In March, India marked a pivotal milestone in its pursuit of sustainable development, economic growth, and strengthening of its international trade presence by signing the Trade and Economic Partnership Agreement (TEPA) with the European Free Trade Association (EFTA). Established in 1960, EFTA serves as an intergovernmental organization dedicated to fostering free trade and economic integration between its four non-EU Member…

Indian State Governments offer varied incentives under their respective state industrial development corporation policies to promote the set-up of new manufacturing units in the state. Such incentives are in the form of capital subsidies, interest subsidies, subsidized electricity tariffs, and more.

The UAE Corporate Tax Law (CT Law) is effective for any financial year beginning on or after 1 June 2023 (i.e., for a company following calendar year, the first tax year would be 1 January 2024 to December 2024).

Global Capability Centers (GCC) have evolved from cost generators to strategic business enablers and value generators. During the initial stage, the majority of transactional activities, headcount, and budgets are off-shored under local governance with the aim of cost reduction. As GCCs grow over time, there is an increase in demand for service and for talent. Companies then shift from focusing…