Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
The share of public sector undertakings (PSUs) in the total market capitalisation of listed companies--at an all-time low of 10 per cent currently --- may get a leg-up from the government's divestment push. Recently the government announced the successful sale of national carrier Air India to Tata Sons, India's first privatisation of a PSU since 2002-03. The transaction is expected to be completed by December.
The broader NSE Nifty jumped 57.25 points or 0.49 per cent to close at 11,844.10.
'In 2022, active management, long-short strategies, multi-asset strategies, and asset allocation strategies need to be considered to meet long-term investment goals.'
'Had there been no war, maybe, we would come out with a 7.5 per cent stake sale.' 'At this point in time, a 3.5 per cent stake sale looked good.'
The IL&FS group has a complicated structure, with the holding company owning stakes in its financial services arm as well as the subsidiaries that operate its infrastructure assets.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
With nine defeats from 11 matches, the Sunrisers are languishing at the bottom, while KKR, in fourth place with 10 points from 12 matches, still have hopes of qualifying for the knock-out stage.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Prime Minister Narendra Modi's announcement of providing free inoculation to all adults will entail total spending of anywhere between Rs 45,000 crore and Rs 50,000 crore. This is higher than Rs 35,000 crore that the government had budgeted.
The levy of retrospective tax on the UK's Cairn Energy Plc is a tale of bizarre twists and turns that saw its attached shares being sold in May 2018 amid the passing of the baton from a full-time finance minister to interim one and the talks at the highest level to resolve the dispute, to claims that levy of back taxes was a result of an investigation into Panama Papers leak. The government late last month refunded about Rs 7,900 crore it had collected from selling residual shares of the British firm in its erstwhile India unit, seizing dividend and withholding tax refunds, to settle an eight-year-old dispute that had tarred the country's reputation as an investment destination. But, this did not come about easily. For seven years, the establishment vehemently justified in courts and outside seeking of Rs 10,247 crore in back taxes plus interest and penalty from a firm that gave India its biggest onshore oil discovery.
Despite the relaxation of the one-child policy in 2016, the number of live births per 1,000 people fell to a record low of 10.48 in 2019, down from 10.94 in 2018.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Over the past decade, RIL has never announced lesser dividend to its shareholders even when faced with lower profits
Understanding InvITs properly will enable investors to make an informed decision, says V K Bansal.
Infosys, Wipro may follow suit as investors eye a piece of the large cash kitty as growth slows.
The 29-year-old's composure on the ball, ability to pick a pass and tough tackling paid dividends at both ends of the pitch in the must-win game against Nigeria.
Images from the T20 World Cup Super 12s match between England and Sri Lanka, in Sharjah, on Monday.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
While FIIs have pumped in nearly Rs 17,000 crore, MFs have been net buyers to the tune of Rs 9,000 crore.
The CPI-M's decision to support Pranab Mukherjee came at great cost, and given Mamata's Banerjee's decision to back him, clearly without any political dividends. Left unity at this crucial juncture was cracked, with the CPI deciding to abstain, says Seema Mustafa.
The company yesterday announced a $1.6 billion deal to acquire Maytas Properties and Maytas Infrastructure, companies run by Satyam chief Ramalinga Raju's sons B Rama Raju and Teja Raju. Investors' opposition forced Satyam to call off the deal on Wednesday.
'Outside the core voter base of upper caste Hindus, there is a large section unhappy with the performance of the BJP.'
The draft amalgamation scheme of Punjab and Maharashtra Co-operative (PMC) Bank with Unity Small Finance Bank (SFB) allowed quick relief to depositors with savings of up to Rs 5 lakh, but a long wait for those who had their nest egg with the scam-tainted bank. If the scheme gets approved, 96 per cent (or 880,000 of 924,000) depositors will get their full money straightaway after PMC is merged with Unity SFB. According to the draft scheme, retail investors may get up to Rs 5 lakh from the Deposit Insurance and Credit Guarantee Corporation (DICGC) instantly, and then some more in phases till they can recall their full deposits after 10 years.
Where does Basavaraj Bommai stand three months after he assumed the reins of power in Karnataka?
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
If you are an expert in programming languages, statistics and algebra, then a career in AI and ML is worth a shot in 2021.
Strategic sales are tricky and were last undertaken when the Vajpayee government was in power.
Investors were stuck in old schemes though they were suspended because of tax implications.
The LDF government -- which has negotiated a series of crises in the form of natural disasters to the Covid pandemic -- cannot turn a blind eye to the accumulated debt of the state that now exceeds Rs 3 trillion and the need for more jobs, investment and industry.
Rajan said RBI should pay as much dividend as possible to the government, which over the past two years has run into billions of dollars
Issues Rs 358 crore interim dividend, 1:10 bonus and 10:1 split
It is in no way a government of the economic Right. The Right is limited to religion and nationalism. The rest is as Left as the Congress or any other party, observes Shekhar Gupta.
Rishabh Pant and Hanuma Vihari put themselves in the reckoning for next week's first Test with contrasting hundreds as India thoroughly dominated Australia A on Day 2 of the day-night practice match, in Sydney, on Saturday.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The government is seeking to keep its fiscal deficit within the budgetary target of 4.8 per cent of GDP.
Without exception, the top four majors beat Street estimates across all parameters - revenues, profitability, or net profit growth. However, what stood out were the large deal wins reported by the big two, TCS and Infosys.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
