Rules of surplus distribution for LIC could be aligned with private rivals ahead of its IPOLIC is governed by a special law, which currently is allowed to transfer only 5 percent of its surplus to the funds of shareholders. Rest o...
13 Sep, 2021, 05.03 PM IST
Govt plans to revamp LIC’s rules for sharing surplusCurrently LIC, which is governed by a special law, is allowed to transfer 5% of its surplus to the shareholders’ fund. The remaining 95% go...
13 Sep, 2021, 07.16 AM IST
Exclusive: Ant Group may hit a bump post IPOs of Paytm, ZomatoAnt Group will be unable to get Paym or Zomato shares via rights and bonus issues easily due to the curbs on Chinese foreign investment int...
29 Jun, 2021, 11.51 AM IST
European funds look for new gateways into India post Chinese FDI curbsBoth the countries enjoy a favourable tax treaty with India and are also perceived positively by the tax authorities. Moreover, there is no...
21 Nov, 2020, 12.49 PM IST
In times of COVID-19, the rules for national protection against opportunist investment needs greater clarityClarity regarding applicability of the PN3 to share issuance in the form of Bonus and Rights issue to the existing shareholders from the Bo...
30 May, 2020, 12.33 PM IST
IPOs, FPOs, ESoPs exempt from STT for concessional LTCG taxFinMin also decided to exempt certain transaction from payment of STT for availing the concessional 10% LTCG rate.
07 Oct, 2018, 11.32 AM IST
CBDT proposes norms for tax benefits for genuine equity dealsThe notification lists three types of transactions where the provision will apply, but doesn't address concerns of capital gains tax on emp...
04 Apr, 2017, 08.03 AM IST
Government may roll back 10 per cent LTCG tax proposed on ESOPsGroup-Z is a category made up of listed companies that have not complied with regulatory requirements, about 2,200 companies under the cate...
22 Feb, 2017, 06.12 PM IST
China makes new pitch for FDI, liberalises rules for firmsExcept for certain sensitive industries, foreign direct investment will now only require registration, rather than administrative approval.
09 Oct, 2016, 11.57 PM IST
NSE to pay 795% dividend, bonusNSE is in the process of listing its shares in India and is preparing the ground to file the draft prospectus for its IPO with Sebi by Janu...
07 Oct, 2016, 11.02 AM IST
Mapping the market: IOC, Ruchi Soya soar; while Yes Bank, Axis Bank saw most actionAt close, the Nifty50 was at 8,709, down 34.40 points, or 0.39 per cent. The Sensex ended the day at 28,106, down 114 points or 0.41 per ce...
07 Oct, 2016, 08.51 AM IST
Zee Entertainment January-March profit rises 10.7% at Rs 180.35 croreIn the same quarter of the previous fiscal, the company's net profit was Rs 162.97 crore, ZEEL said in a filing to the BSE.
22 May, 2013, 04.30 PM IST
- Govt nod not required for FII investment in commodity exchange
The government today allowed FIIs to invest up to 23 per cent in commodity exchanges without seeking its prior approval.
10 Apr, 2012, 08.26 PM IST
- Karur Vysya to up foreign investment cap to 35%
Private sector Karur Vysya Bank today decided to raise its foreign investment cap from the current 24 per cent to 35 per cent
07 Sep, 2010, 07.00 PM IST
- BSE share sale price raises eyebrows
A Recent offer for sale of BSE’s shares by a public sector bank has caught the attention of brokers and prospective investors, as the offer...
24 Dec, 2009, 04.24 AM IST
- Parliament march by LIC officers to protest FDI hike in insurance
National Federation of Insurance Field Workers of India (NFIFWI) will be holding a 'Parliament March' on March 5, protesting the proposed m...
01 Mar, 2008, 04.25 PM IST
- FDI policy: RBI picks gaping holes
Has the government allowed 100% FDI in agriculture and plantations with automatic clearance thrown in as an additional bonus for foreign in...
10 Jul, 2006, 04.13 AM IST