[ad_1] NEW DELHI: Shares of One97 Communications, the owner of Paytm, hit upper circuit on Monday as they surged by 5% in morning trade. The stock rose to Rs 358.55 and Rs 358.35 apiece on the BSE and NSE, respectively.Paytm’s recent collaboration with Axis bank for merchant payment settlements and RBI extension of deadline to…
[ad_1] MUMBAI: The Income-tax Appellate Tribunal (ITAT), Mumbai bench, in the case of Comstar-Mauritius has upheld the exemption of long-term capital gains (available under Article 13 of the India-Mauritius tax treaty) on sale of equity shares of an Indian company, which were acquired prior to April 1, 2017. It has overturned a revisionary order passed…
[ad_1] MUMBAI: In a meeting with the regulator this week, chief executives of life insurance companies made representation on the cap on proposed surrender charges. The regulator is understood to have reassured them that their views would be considered while framing the final guidelines.Shares of life insurance companies have seen significant activity in the last…
[ad_1] Jeff Bezos plans to sell as many as 50 million shares of Amazon.com Inc over the next 12 months, potentially cashing in on a stock surge that’s put him within reach of becoming the world’s richest person.The disclosure comes after Amazon reported its best online sales growth since early in the pandemic, sending its…
[ad_1] Zee Entertainment share price today: Shares of Zee Entertainment witnessed a significant 28.18% decline on Tuesday, reaching the lower circuit at Rs 166.45 on the BSE. This drop came in the wake of brokerages downgrading the media stock, reacting to the abrupt end of the prolonged drama surrounding the expected $10-billion merger with Sony.As…
