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Major GST relief for holding companies in corporate guarantees case

The circular, issued in October by the Central Board of Indirect Taxes and Customs (CBIC), has been stayed via an interim order. The circular had held that a corporate guarantee provided by a holding company to a lender for the approval of credit to its subsidiary would be regarded a supply of service liable to GST.

BC Omega Holdco sells 50m shares in TI Fluid Systems in placing

Farmacias Peruanas Transforms Category Management and Improves Customer Experience With Blue Yonder and GOLDCO

LIMA, Peru & SCOTTSDALE, Ariz., March 27, 2024 As supply chain disruptions continue, pharmacy retailers must find ways to optimize their stores so consumers can find the critical medication and supplies they need. That’s why Farmacias Peruanas, Peru’s largest pharmacy retail chain, digitally transformed its supply chain with Blue Yonder Category Management solutions to improve its customer experience by reducing stockouts and enhancing store layouts and space. The project was successfully imple

EQS-News: Holdco B147402 S A (formerly VIC Properties S A ): Update on the Consent Solicitation Process – Results of Noteholders Meeting held on 11 October

ril: Reliance Industries could turn into a holding company: CreditSights

Reliance Industries, India s largest company, may transform into a holding company with majority stakes in independent entities, according to CreditSights. The move would create a clearer distinction between divisions, unlock stakeholder value, and allow for diverse funding channels. Reliance Industries has previously expressed its intention to list its retail and telecom businesses over the next five years.

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