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The new policy, aimed at helping local firms achieve better valuations, could be a shot in the arm for Indian unicorn start-ups valued at over $1 billion and Reliance’s digital unit which is eyeing a U.S. listing after raising over $20 billion from global names like KKR & Co.
Govt reintroduces clause on 5% withholding tax for FPIs“Last week’s clarification helped in providing some interim relief, but the reintroduction of the said proviso will put to rest all the concerns of offshore funds,” said a tax expert.
from Stocks-Markets-Economic Times https… Read MoreBest of the class: MF plans that outperformed peers Small-cap and mid-cap stocks which were hit hard due to slow economic recovery bounced back fast, with many schemes doubling investor money in the last year.
from Stocks-Markets-Economic Times https://ift.tt/2PkldIj
… Read MoreResurgent midcaps & smallcaps in line to scale new peaksFour of the top 5 midcap gainers are from Adani Group — Adani Green Energy, Adani Enterprises, Adani Transmission and Adani Power which have rallied 277-827 per cent since March 24. In the small-cap index, Majesco, Tanla, Int… Read MoreIn case you missed them! 10 stocks that surged 22 times amid pandemicAs people became more and more dependent on technology amid the Covid lockdowns across the world, technology services companies grabbed the opportunity with both hands.
from Stocks-Markets-Economic Times https://ift.tt/3lLPf… Read MoreSebi may make it lot easier to take start-ups publicThe regulator has proposed that the compulsory shareholding period before listing for investors owning 25 per cent or higher in start-ups be halved to one year. It has also suggested raising the open offer trigger for investm… Read More
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