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The Kishore Biyani-led Future Retail, which is in the final stages of discussions for a majority stake sale to Mukesh Ambani-led Reliance Industries (RIL), on Monday averted default by making an interest payment of $14 million, or Rs 100 crore, on its foreign bonds.
NRIs in tax havens get notices from I-T deptThe liability to pay tax in India depends on the residential status and not on the nationality or domicile status of tax payer. Under the residency rule, a person who stays 184 days or more abroad to take up employment or car… Read MoreAsian shares extend losses on renewed virus fearsOn Monday, MSCI's broadest index of Asia-Pacific shares outside Japan held near one-month lows at 569.86, down 0.1%.
from Stocks-Markets-Economic Times https://ift.tt/2TL0Nas
… Read MoreTech View: Analysts say US polls likely to play its part on D-StreetET takes a look at F&O strategies that analysts are advising to make a quick buck from the uncertainty around the US election.
from Stocks-Markets-Economic Times https://ift.tt/2HUNIJ3
… Read MoreStocks in the news: Equitas SFB, ICICI Bank, Maruti Suzuki, RIL, HDFC and NTPCMaruti Suzuki India (MSI) on Sunday reported an 18.9 per cent increase in sales at 1,82,448 units in October.
from Stocks-Markets-Economic Times https://ift.tt/3jP13Q4
… Read MoreCovid stress: Banks say provisions good enoughBoth private and public sector banks are confident that stress in their books will not go out of control by the end of the fiscal as they have all increased their provision coverage ratios (PCR) to deal with any increased str… Read More
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