Thu, Dec 26, 2024 9:35 PM
Unimech Aerospace IPO sees 174.93x subscription on final bidding day
A Flip by Shubhangi Gupta
The government is considering an amendment in the Income Tax Act as part of Budget 2025 to simplify the taxation regime for foreign semiconductor firms, aiming to attract global companies and boost semiconductor manufacturing in India. The proposal is set to introduce a presumptive taxation scheme under Section 44, a move that could make India a more appealing destination for foreign firms.
Open Flip
NBCC (India) Ltd on Friday, December 27, said it bagged multiple orders, collectively worth ₹368.75 crore. Of these, a ₹300 crore order is from the Varanasi Development Authority for the development of Jawaharlal Nehru Commercial Complex (JLNCC) Englishya Lines in Varanasi on a self-sustainable model. The next order, worth ₹44 crore, from the Power Grid Corporation of India.
Open Flip
Australian equities had their best week since mid-August, with the ASX200 index rising 2.4% to 8,261.8 points, led by consumer discretionary and banking firms, despite low trading volumes due to the holiday season. Australian equities had their best week since mid-August, with the ASX200 index rising 2.4% to 8,261.8 points, led by consumer discretionary and banking firms.
Open Flip
