CBDT comes out with final rules for taxing share buy back by companies
Seeking to minimise litigations over taxation, CBDT has come out with rules for computing distributed income arising out of issue of shares following buy back, demerger, amalgamation or bonus issue by companies.
Oct 19, 2016, 16:03 PM IST
Torrent Pharma seeks enabling nod to raise Rs 10,500 crore
The Ahmedabad-based drug firm Torrent Pharma is seeking enabling approvals from its shareholders to raise Rs 10,500 crore through issue of shares and other securities to fund its growth activity.
Mar 23, 2016, 15:26 PM IST