Artha Jagat: 50 percent export duty will be imposed on sugarcane by-products and these 3 states including Karnataka are best for startups.

Three family members that owns Samsung Group bought $2 billion value of shares in group associates together with Samsung Electronics to pay inheritance taxes.

Hong Ra-hee, mom of Samsung Electronics Chairman Lee Jae-yong, and her two daughters — Hotel Shilla CEO Lee Boo-jin and Samsung Welfare Basis head Lee Web optimization-hyun — received the corporate, Samsung Electronics stated in a regulatory submitting. A complete of 29.8 million shares value 2.17 trillion received had been unloaded.

Their stakes had been bought within the block deal at 72,717 received per share, ensuing of their stakes in Samsung Electronics falling to 1.45 p.c, 0.78 p.c and 0.7 p.c respectively, Yonhap information company reported.