Daily Happenings Blog

Monday Post

Advertising, Marketing, and Promotion (AMP) Expenses-A controversy One of the most important and unsolved puzzles of transfer pricing litigation is AMP expenses which has no statutory provision or provision to its effect and complete analogy and understanding are getting developed purely through judicial precedents and the same is still at very early stage. Normally the …

Daily Happenings Blog

Thursday Brief

SONY- ZEE Merger The board of directors of  Zee Entertainment Enterprises Ltd (ZEEL)  has given in-principle approval to the company’s merger with Sony Pictures Networks India (SPNI) in what could create a media combine that straddles across platforms such as cable television, digital video streaming, production operations, and music and video libraries. In nutshell deal…

Daily Happenings Blog

Tuesday Brief

India is a world leader in vaccine manufacturing, and Indian pharmaceutical companies supply more than 50% of the global demand for vaccines needed for global immunization problems. But before Covid surged in India in March/April 2021 (second wave), Indian vaccine manufacturers like Serum Institute of India (SII), a Pune-based company, were supplying developing countries with…