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jp morgan

JP Morgan targets bigger M&A role

MUMBAI: JP Morgan is seeing a bigger role for itself in M&A financing after RBI allowed domestic lenders to fund M&A. The relaxation has come at a time when corporates are returning to banks from capital markets in India, in keeping with a global trend.“It provides another corporate-friendly avenue for growth. At JP Morgan, our...
ipo

7 companies set to tap primary market next week

7 companies set to tap primary market next week The IPO market is heading into another packed week, with seven companies scheduled to come out with public issues between August 17 and 21, seeking to raise more than Rs 6,400 crore collectively.The line-up includes Horizon Industrial Parks, backed by Blackstone, jewellery retailer Lalithaa Jewellery Mart,...
108349475 1786661469444 gettyimages 2287608990 POLAND STELLANTIS

Goldman picks China stocks poised to benefit from wave of AI-related exports

China has entered a new phase of exporting artificial intelligence-related hardware, creating “globally relevant export winners,” Goldman Sachs analysts said. Its analysis found companies with market opportunities ranging from $12 billion to $212 billion by 2030. With growing uncertainty around U.S. restrictions on high-tech imports from China, many exporters are instead expanding into Europe and...
the central board of direct taxes cbdt said that the aggregate value of undisclosed foreign asset or foreign income must not exceed rs 1 crore in case it was not previously offered to

Now, tax amnesty for undisclosed foreign assets

NEW DELHI: As part of efforts to get non-resident students and professionals, or those who have relocated to India, to come clean on undisclosed overseas assets and income, govt Saturday notified a new voluntary disclosure scheme for small taxpayers, who can pay an effective tax of 60% and avoid penalties and prosecution.In a notification, govt,...
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