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Capital gains from share buybacks to see flat 12% surcharge from April 1: Finance Bill Amendment
New tax rules will apply from April 1. A 12 per cent surcharge will be levied on capital gains from company share buybacks. This change…
NDR InvIT raises Rs 410 crore through bond issuance
NDR InvIT Trust successfully raised Rs 410 crore through a bond issuance. The issuance saw strong investor demand, with the International Finance Corporation and India…
Arm Holdings stock rallies over 19% after unveiling AI chips with Meta Platforms as lead customer
Arm Holdings’s latest move is projected to generate approximately $15 billion in annual revenue within five years
Super Micro Computer shares jump another 9%, recover 18% in three sessions after sell-off over AI chip smuggling probe
Super Micro Computer shares surged 9% on 25 March, recovering from a 33% drop due to legal concerns over an AI export scheme. Despite recent…
Jio Platforms likely to file DRHP in next few days for mega IPO
Jio Platforms is preparing for its Initial Public Offering. The company is expected to file its Draft Red Herring Prospectus soon. This offering could become…
Gold, silver rates today: Comex gold gains $199/oz; silver rallies $5.2 as inflation fears ease on US-Iran talks
Precious metals saw increased buying on 25 March due to expectations of US-Iran negotiations. Silver and gold futures experienced significant gains, marking the largest single-day…
US Stocks: Corcept Therapeutics shares surge 32% as lead drug gets FDA nod for ovarian cancer
Corcept Therapeutics shares surged after the FDA approved its drug, Lifyorli, for a tough ovarian cancer. This new therapy, combined with chemotherapy, showed a significant…
Bulk deals: Mukul Agrawal sells stake in microcap laggard; Societe General buys Rs 76 crore stake in Sammaan Capital
French bank Societe Generale has acquired shares worth Rs 76 crore in Sammaan Capital. This comes as Abu Dhabi's International Holding Company plans a controlling…
SC upholds states’ right to change industrial policy in a 25-year-old dispute
SC overturns Bombay High Court verdict and ruled in favour of Maharashtra in a 25-year-old dispute over the rollback of electricity duty exemption.
Sebi chief says fake apps a serious threat, urging big tech cos to work with regulators
Sebi Chairman Tuhin Kanta Pandey on Wednesday termed fake applications a "serious threat" and urged technology firms like Google and Meta to work with financial…
Arm Holdings shares jump 19% to 3-month high as company unveils first-ever data centre CPU
Arm Holdings saw its shares rise 19% after unveiling its first data centre CPU, entering direct competition with major tech firms. The company anticipates significant…

