Briefs: Dhanuka Agritech Limited and GAIL
By: ICN Bureau
Last updated : February 11, 2023 9:06 am
Based on the recommendation of the Nomination and Remuneration Committee of Dhanuka Agritech Limited, the Board of Directors has designated Rahul Dhanuka from Whole Time Director to Joint Managing Director of the company with immediate effect
Top level changes in Dhanuka Agritech Limited
Based on the recommendation of the Nomination and Remuneration Committee of Dhanuka Agritech Limited, the Board of Directors has designated Rahul Dhanuka from Whole Time Director to Joint Managing Director of the company with immediate effect.
Based on the recommendation of the Nomination and Remuneration Committee of Dhanuka Agritech Limited, the Board of Directors has designated Harsh Dhanuka, Whole Time Director as Executive Director - Alliances & Supply Chain of the company with immediate effect.
GAIL signed Advance Pricing Agreement with the CBDT
GAIL (India) Limited and the Central Board of Direct Taxes (CBDT) have entered into a landmark Advance Pricing Agreement (APA) for determining the transfer pricing margin payable on its long-term LNG sourcing contract from the USA for a period of five years. The APA Scheme enhances the government's goal of promoting a non-adversarial tax system and improving the ease of doing business in India. GAIL is the first PSU in the Oil & Gas sector in India to successfully sign the APA.
The APA was signed by Rashmi Ranjan Das, Joint Secretary, FT & TR-1 and R. K. Jain, Director - Finance, GAIL (lndia) Limited.