Tax experts have stated that Terra investors who received Luna 2.0, the new terra token, as compensation to mitigate investor losses will be taxed up to 30% of the value of tokens received. They said that the investors wouldn't be able to offset any profits in the new token against losses in the Luna Classic.

Tuesday witnessed a volatile trading session and benchmark indices ended in red today. Have a look at a few stocks that moved the most throughout the day: 1)Oil India Limited: CMP- Rs 282.30. It surged 12 percent today; 2)LIC: CMP- Rs 776.50. The stock went down by 3% today; 3)Zydus Lifesciences: CMP- Rs 364.50. After bagging an approval for the USFDA, its stock ended up in green today.

On Monday, prices of gold inched higher due to a slight pullback in the dollar, with investors keenly having a watch over the US inflation data and expected interest rate hikes by major central bank policy meetings. Spot gold surged 0.2% to $1,853.89 per ounce by 1033 GMT, having slipped off a near one-month high of $1,873.79 on Friday. U.S. gold futures were improved by 0.4% at $1,856.80.

SpiceJet restricted around 90 pilots from flying 737 Max planes. The airline took this decision after DGCA imposed a fine of ₹10 lakh for training pilots on a faulty simulator that may adversely impact flight safety. The carrier has 650 pilots trained on MAX aircraft. DGCA made an observation on the training profile followed for 90 pilots. Those pilots need to undergo re-training.

Mahindra Logistics Ltd. has notified its shareholders and exchanges that Science Based Targets Initiative has confirmed its carbon emissions goal to get lessened. The firm continues to be on the path to reach its long-term sustainability targets by 2040. MLL's MD & CEO stated that joining SBTi as part of the firm will emphasize building a transparent journey toward carbon neutrality.

Saro McKenna, Co-founder of Alien Worlds, an NFT game, expressed that the crypto community is “extremely diverse," & because people from different backgrounds work in the crypto industry, they offer “unique perspectives and interests.” She pointed out that women who are primary caretakers of their children get flexibility in their careers through the remote working conditions in the crypto space.

The Net Sales of Inter Globe Finance stood at Rs 7.45 crore in March 2022, which declined 30.45% from Rs. 10.71 crore in March 2021. The quarterly Net Loss stood at Rs. 0.21 crore in March 2022, improving 94.51% from Rs. 3.87 crore in March 2021. EBITDA stood negative at Rs. 1.29 crore in March 2022 up 54.9% from Rs. 2.86 crore in March 2021.

Hindustan Tin Works' Net Sales improved by 22.09% YoY to Rs 105.69 crore in March 2022 in comparison to Rs. 86.57 crore in March 2021. The Company's Quarterly Net Profit however plunged by 17.24% YoY to Rs. 3.15 crore in March 2022 from Rs. 3.80 crore in March 2021. Its EBITDA also tanked by 33.99% YoY to Rs. 6.04 crore in March 2022 as compared to Rs. 9.15 crore in March 2021.

KELTECH Energies reported a Net Sales of Rs 115.27 crore in March 2022, improving 55.78% from Rs. 73.99 crore in March 2021. The quarterly Net Profit stood at Rs. 3.33 crore in March 2022, increasing 299.35% from Rs. 1.67 crore in March 2021. EBITDA stood at Rs. 6.21 crore in March 2022 up 77.43% from Rs. 3.50 crore in March 2021. KELTECH Energ EPS has increased to Rs. 33.27 in March 2022

DBS Bank India launches its first-ever credit card in India, Bajaj Finserv DBS Bank SuperCard, in collaboration with Bajaj Finance Limited. The company said, unlike the regular credit cards that provide offers and rewards across categories, the co-branded cards will offer additional benefits on the partners’ products or services as well.

Tata Motors inked a deal with BluSmart Electric Mobility to deliver 10,000 XPRES-T electric vehicles to the company. The homegrown auto giant reported that the mentioned project, which was signed on World Environment Day, is the biggest ever EV fleet order in India. Tata Motors launched the XPRES electric sedan in July 2021 and it comes with two range options — 213 km and 165 km.

The New York State Senate approved a bill that would ban certain cryptocurrencies that employ the Proof-of-Work (PoW) mechanism for 2 years. The bill is yet to be signed by Governor Kathy Hochul. Unless the mining companies use 100% renewable energy, the bill will forbid crypto mining companies from renewing existing mining gear and adding new rigs.

Domestic brokerage firm HDFC Securities is bullish on the shares of J Kumar Infraprojects and sees upside potential of nearly 26 per cent in the counter with a target price of Rs 283 in the base case, whereas a target price of Rs 323 in the bull case. It suggests buying the shares in the range of Rs 253-258 and adding the counter in the range of 230-234 to make the best of it.

Power Mech Projects obtained a Letter of Award (LOA) for five orders worth Rs521.95 crore. The first project is related to Civil Structural & Architectural Works for Flue Gas Desulphurisation (FGD) System in North Chennai Thermal Power Plant of BHEL. It is worth Rs119 crore. The other four projects have been received from various companies located in Uttar Pradesh, Gujarat and Jharkhand.

Swastika Investsmart posted a Net Sales of Rs 19.85 crore in March 2022, improving 21.41% from Rs. 16.35 crore in March 2021. The quarterly Net Profit stood at Rs. 2.36 crore in March 2022 which was up 232.69% from Rs. 0.71 crore in March 2021. EBITDA stood at Rs. 3.39 crore in March 2022 up 99.41% from Rs. 1.70 crore in March 2021. Swastika Invest EPS has increased to Rs. 7.99 in March 2022.