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Bain-Arcil's joint offer of Rs 193 crore triggers a Swiss auction. Phoenix ARC and ACRE also in the fray to acquire the portfolio.
Dish TV shares pledged to rescue Zee’s Chandra Dish TV promoter & MD Jawahar Goel has offered the company’s shares as security for credit facilities availed by his elder brother and Zee Entertainment Enterprises (Zee) founder Subhash Chandra, the latter’s office conf… Read MoreBiden to float historic tax increase on investment gains for the richThat would be the highest tax rate on investment gains, which are mostly paid by the wealthiest Americans, since the 1920s. The rate has not exceeded 33.8% in the post-World War Two era.
from Stocks-Markets-Economic Times ht… Read MoreNBFCs get nod to function in GIFTThe move by the International Financial Services Centre (IFSC), the regulator of the special economic zone, should draw top financial services companies from across the world, helping localise services that are typically offe… Read MoreBiden tax whacks stocks with Wall Street warning of pre-emptive salesWall Street traders said it was too soon to panic, but that a higher levy on stock profits could foment near-term selling.
from Stocks-Markets-Economic Times https://ift.tt/3gx1YXJ
… Read MoreCovid surge may delay recovery, says Fitch Fitch Ratings has affirmed the country’s sovereign rating, while keeping the outlook as negative and said the second wave of Covid may delay the recovery but is unlikely to derail it.
from Stocks-Markets-Economic Times http… Read More
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