Investors worried: Gaar may spoil tax treaty benefit for FPIs

Domestic anti-avoidance law will prevail over treaty benefits in the event of a dispute under the Singapore and Mauritius treaties. This could threaten the lower tax rate for FPIs in the two years between April 1, 2017, and March 31, 2019.


Stocks that rallied over 10% till noon trade on Friday

The 30-share Sensex was trading 106.72 points down at 27,201.88 around the same time, while the 50-share Nifty index settled 26.9 points down at 8408.2.


BSE raises Rs 373 crore from anchor investors

The issue is entirely an offer for sale of a total of 1.54 cr shares (including anchor portion) by existing investors s including Singapore Exchange, Atticus Mauritius, Acacia Banyan Partners and Caldwell India Holdings Inc.


Canara Bank Q3 profit up threefold at Rs 322 crore

The bank's total income rose marginally to Rs 12,079.3 crore for the quarter under review, from Rs 12,050.6 crore in the year-ago period.


SBBJ Q3 net profit nosedives 72% to Rs 57.8 crore

The bank's net profit in October-December quarter of previous fiscal had stood at Rs 206.13, State Bank of Bikaner & Jaipur (SBBJ) said in a BSE filing today.


Rupee hits over 1-week low against buoyant US dollar

A massive sell-off in domestic equities spooked by series of weak corporate earnings predominantly weighed on trade and kept pressure on the Indian currency.


CPSE ETF oversubscribed 2-times, gets bids worth Rs 12,000 crore

The issue saw all round participation from investors, with retail buyers who were offered a 5 per cent discount, putting in bids for over Rs 1,000 crore.


RBL Bank profit up, asset quality stable

Net profit increased to Rs 129 crore or Rs 3.27 per share in the quarter ended December compared to Rs 81 crore or Rs 2.60 per share.


Enhance tax benefits for investments, offer separate window for pension plan

When the underlying securities are equity ideally, the Fund of Funds too should be counted as an equity fund. This is a matter MFs have been hopeful of for much long.


Enhance tax benefits for investments, offer separate window for pension plan

When the underlying securities are equity ideally, the Fund of Funds too should be counted as an equity fund. This is a matter MFs have been hopeful of for long.


Twitterrati feels right time for Patanjali to go for an IPO now

Over 65 per cent of the respondents in a Twitter poll conducted by ETMarkets.com said this would be the right time for Patanjali to think of an IPO.