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US 1031 EXCHANGE
In 1979, Oregon family sold 1,843 acres, IRS demanded tax, then mostly lost: How a ruling changed tax-deferred property exchangesBack in 1967, an Oregon family's sale of their 1,843 acres of timberland sparked a major dispute with the IRS. The case ended up in the Nin...- Inherited property tax explained: Know how the US 1031 exchange works and what are the rules for co-inheritors?In simple terms, in the United States, a provision known as a 1031 exchange may offer a way for an heir to exchange qualifying investment r...
- ET Prime Special Series: Multibagger or IBC - Part 69: Can new businesses bridge the gap before EVs reshape the core?This old auto ancillary manufacturer has integrated plants, a long operating history, and stable group ownership. FY26 brought higher reven...
- Rupee sees mild relief amid uptick in Asia peersThe Indian rupee improved slightly to 83.95 against the U.S. dollar after hitting a record low. Gains in Asian currencies and interventions...
- Rupee slips to record closing low, tracking decline in Asia FXThe Indian rupee slipped to its weakest closing level on Monday, pressured by a decline in its Asian peers while likely intervention by the...
- Rupee ends at record closing low due to weakness in Asia FXConcerns about a U.S. economic slowdown and the unwinding of carry trades that used the Chinese yuan to fund long bets on the rupee have pr...
- Wipro's majority public shareholders oppose ex-CEO Delaporte's $4.33 million severanceAt least 78.4% of the Azim Premji-led IT major's public shareholders or 10.31% of overall shareholders voted against the cash compensation ...
- US natgas prices edge up to fresh 8-month high on rising exportsFront-month gas futures for November delivery on the New York Mercantile Exchange rose 2.7 cents, or 0.8%, to $3.403 per million British th...
- Wall St ends sharply down, posts biggest weekly drop of 2023Meanwhile, Range Resources Corp jumped 11.9% in late trading, its biggest gain in nine months, after Bloomberg News reported that Pioneer N...
- Alibaba Group sells 3% stake in Paytm parent for Rs 1,031 croreThe group, through its entity Alibaba.com Singapore E-Commerce, sold 1,92,00,000 shares of the company at Rs 536.95 a share, bulk deals dat...
- Pakistan government bans import of luxury, non-essential items to fend off financial crisis: ReportQuoting sources, Geo News reported that Prime Minister Shehbaz Sharif has imposed a ban on the import of non-essential items that are not u...
- Wall Street shakes off labor market data with stimulus in focusBut equities moved well off lows that saw the S&P 500 down as much as 0.75% after U.S. Treasury Secretary Steven Mnuchin said talks between...
- Tech slide, pandemic surge slam Wall Street, biggest weekly loss since MarchThe pandemic pushed US hospitals to the brink of capacity as coronavirus cases surpassed 9 million, while the prospect of wider COVID-19 re...
- Rupee settles flat at 75.19 against US dollarIt had settled at 75.20 against the greenback on Friday.
- Forex reserve continues to swell, hits $406.7 billionFor the week, foreign currency assets increased by $1.031 billion to $378.805 billion.
- Jet Airways, TCS and Persistent Systems among top stocks to track todayHere's a look at the top stocks that may hog the limelight in Friday's session.
- Rupee dives to 3-month low on strong dollarThe rupee settled at 65.17, showing a loss of 30 paise -- its lowest closing since Nov 16.
- TCS Q4 PAT at Rs 5,773 crore, up 7.7% YoYRevenue for the fourth quarter was reported at Rs 24219.8 crore, up 12.4% YoY. In dollar terms the revenue came in at $3900 million.
- RBI sells $2.2 billion in forex market in April-June quarterThe Reserve Bank sold over $2.2 billion from its foreign exchange reserves during the April- June quarter to arrest the continuous slide of...
- Glenmark Pharma Q3 net nearly halvesDrugmaker Glenmark Pharmaceuticals Ltd's quarterly profit nearly halved on heavy foreign exchange losses from overseas borrowings despite r...
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