Is India Prepared for the Coming Electric Vehicle Revolution?

The first electric vehicle (EV) was introduced in India by REVA in 2001, and despite the passage of more than two decades, the electric vehicle (“EV”) sector is still in its early stage, accounting for less than one percent of total vehicle sales. A study conducted by the society of manufacturers of electric vehicles foundContinue reading “Is India Prepared for the Coming Electric Vehicle Revolution?”

Global Corporate Tax Reform That Will Change the Global Economy

On October 8th, 2021, Economic Cooperation and Development (OECD) confirmed its approval of the global minimum corporate tax. As a result of the framework, critical reforms to the century-old international tax system will be implemented, allowing it to become more relevant in today’s globalized and digitalized economy. The countries have agreed to the global minimumContinue reading “Global Corporate Tax Reform That Will Change the Global Economy”

Tata Brings Air India Home

The Tata group has been selected as the winning bidder in the national carrier Air India’s divestiture process. Tata Sons, the parent company of the Tata group, made a winning offer of Rs 18,000 crore as the Enterprise Value of Air India via its wholly owned subsidiary Talace Pvt Ltd. Consequent to The Acquisition TataContinue reading “Tata Brings Air India Home”

Is China’s Evergrande Group Financial Problem, The First Sign of Economic Crisis?

About booming Chinese Real Estate Market and Its Participants The entire value of real estate transactions in China reached over 16 trillion yuan in 2019, accounting for roughly 10% of the country’s gross domestic product. The Chinese real estate industry is a significant component of the country’s economy. Real estate development has enjoyed a boomContinue reading “Is China’s Evergrande Group Financial Problem, The First Sign of Economic Crisis?”