In the wake of a global slowdown in the initial public offerings (IPO) market, Indian companies are losing appetite for listing on the Alternative Investment Market (AIM). Once touted to be a favoured destination for small- and mid-size companies, London’s AIM has managed to get only four companies to list on it so far this […]
Tag: Tax Havens
Government will scrutinize investments from tax-haven island nations
July 8, 2008 – 7:04 am
The government is planning to scrutinise investments flowing in from tax havens such as Andora, Aruba, Bahamas, Costa Rica and Dominica where investor details remain confidential due to banking policies. According to sources in the department of industrial policy and promotion (Dipp), the government is concerned about Indian residents parking money in the island nations […]
