MPs begin marathon debate on taxing home owners with no mortgage

MPs begin marathon debate on taxing home owners with no mortgage MPs will on Tuesday take part in a marathon debate on the new government’s plans to bring back a tax for home owners who have paid off their mortgages.

In total, opposition MPs have requested more than 36 hours of debating time about the move to scrap a law which was brought in in 2005. Named after MP Hans Hillen who introduced the plan, the law

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Contract manufacturer Amber to retire debt with IPO money

Contract manufacturer Amber to retire debt with IPO money

Authors: TheIndianSubcontinent News Agency

The Gurugram-based contract manufacturer Amber Enterprises is aiming to raise Rs 555 crore through an initial public offer and plans to utilise a part of the proceeds to retire debt.

The company, which contract-manufactures ACs for Voltas, Hitachi, Daikin, Godrej, LG, Panasonic and Whirlpool among

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The Netherlands must prepare for a hard Brexit, senior MPs say

The Netherlands must prepare for a hard Brexit, senior MPs say The Dutch government should make serious plans to deal with a hard Brexit, which could well become a reality now talks are running into problems, senior MPs warn in a new report.

The report, produced by parliament’s European affairs committee, states that a no-deal Brexit must be considered a real option. This would be a ‘chaotic scenario’ with no

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RCom says not making any payment to lenders for time being

reliance-communications-cloud-services

Reliance Communications said today that it is not making any payment to lenders or bondholders for the time being as it is under ‘standstill period’ with the invocation of strategic debt restructuring scheme and working on asset-monetization. In a regulatory filing, the telecom operator said that is in standstill period until December 2018 pur

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