Bloomberg Vodafone Group Plc and Cairn Energy Plc are eligible to settle a tax dispute with India’s government under a new amnesty programme, a senior government official said. The companies will need to pay their taxes by March to benefit from the interest and penalty waivers under the programme, Pramod Chandra Mody, chairman of the Central Board of Direct Taxes, ...

Bloomberg More so than anywhere else, automakers are chasing the holy grail of electric mobility in India: a lower price. Mahindra & Mahindra Ltd’s launch of its e-KUV at a price of 825,000 rupees ($11, 587), compared to its next cleanest option — a mid-range petrol variant at 650,000 rupees — highlights the challenge of pricing electric cars that can ...

Bloomberg The brother of Asia’s richest man was ordered to set aside $100 million in his dispute with three Chinese banks, even as he pleaded poverty. “The value of my investments has collapsed,” Anil Ambani said, according to a London court filing by banks seeking around $700 million in defaulted loans. “My net worth is zero after taking into account ...