NSDL readying a platform to make it easier for companies to deduct appropriate tax
If an REIT distributes interest income received from SPV, it is taxable as 'interest income' in the hands of the unit holder at 20% plus surcharge and education cess
The six group stocks are down 4.5-16% this week following reports that the accounts of top FPIs have been frozen
Shares of all six companies - Adani Enterprises, Adani Green Energy, Adani Ports, Adani Power, Adani Total Gas and Adani Transmission - hit their respective lower circuits in intra-day trade today
FPIs withdrew Rs 2,096 crore from the debt segment during the period under review
The industry body has requested the regulator to permit updation of landline numbers of the officials instead of mobile numbers
The new rules will come into effect from June 14, said the Central bank in an official statement
The inflow comes following a net withdrawal of Rs 2,954 crore in May and Rs 9,659 crore in April, data with depositories showed
Sebi regulations at present do not allow cashless transfers of securities between FPIs with different permanent account numbers
Foreign portfolio investors pulled out Rs 6,452 crore so far in May from Indian markets amid tumbling investor sentiment due to the second wave of the COVID-19 pandemic.
Foreign investors have pulled out Rs 5,936 crore from the Indian equities in the first week of May amid worries over the intense second wave of coronavirus infection and its fallout on the economy
It remains to be seen how much of their selling is profit-booking or cutting India's weight
Cite legal hurdles and challenges in implementing the circular in its present form
The two sectors which continue to see highest net inflow consecutively for the two months are - FMCG and Realty, a report by Edelweiss Securities said
This was the first net withdrawal since September 2020, when they had pulled out a net of Rs 7,782 crore from equities
This comes amid a surge in Covid-19 cases and the consequent restrictions imposed by various states dent investors' sentiment
Experts say there could be further outflows from the bond market if US bond yields head towards the 2-per-cent mark.
Previously, FPIs invested Rs 17,304 crore in March, Rs 23,663 crore in February and Rs 14,649 crore in January
Custodians want FPIs to provide ODI and DR details directly to depository instead of routing it through them
The reversal of buying trend came after FPIs invested Rs 17,304 crore in March, Rs 23,663 crore in February and Rs 14,649 crore in January