Sensex zooms over 500 points, reclaims 27K-mark

Last Updated: Friday, May 8, 2015, 13:13

The benchmark BSE Sensex reclaimed 27K-level in mid-session trade Friday by climbing over 500 points on government's decision to refer MAT issue to a high-level committee.

Investors dump Indian stocks for China, South Korea and Taiwan

Last Updated: Friday, May 8, 2015, 12:07

Portfolio funds have been gripped by concerns over retrospective taxes and the slow pace of land acquisition reforms that have held up $300 billion worth of corporate investments.

Sensex jumps 374 points to rebound from 6-1/2 months low

Last Updated: Friday, May 8, 2015, 10:05

The 50-share NSE Nifty regained the 8,100-mark by rising 111.55 points or 1.38 percent to 8,168.85.

High level panel to look into MAT on FIIs

Last Updated: Friday, May 8, 2015, 00:10

The high level committee, announced by Finance Minister Arun Jaitley on Thursday, would give its first recommendations on the issue of imposition of MAT on foreign investors, Finance Ministry said today.

High level committee to look into MAT issue: Jaitley

Last Updated: Thursday, May 7, 2015, 21:58

Arun Jaitley announced that a high-level committee will look into the controversial issue of payment of Minimum Alternate Tax (MAT) by FIIs.

Stocks crash, rupee weakens on capital outflows

Last Updated: Wednesday, May 6, 2015, 19:25

Reflecting the free-fall in the stocks, the benchmark Sensex crashed below the psychological 27,000-level by tanking 722.77 points to 26,717.37.

Bloodbath on Dalal Street: Sensex tanks 723 points; Nifty closes below 8,100-mark

Last Updated: Wednesday, May 6, 2015, 17:08

The 50-share NSE Nifty crashed by 227.80 points or 2.74 percent to close below 8,100-mark at 8,097.

Govt to study HC stay order on MAT levy on FIIs

Last Updated: Tuesday, May 5, 2015, 22:33

With a foreign fund house getting a court stay on the controversial MAT levy, the tax department Tuesday said it will study the Bombay High Court order before taking a view on the matter.

MAT case: Bombay High Court stays tax claim against Aberdeen Asset

Last Updated: Tuesday, May 5, 2015, 20:01

Uncertainty around MAT has built in recent weeks and unsettled foreign investors, sending India`s stock market lower.

Nifty jumps 150 points on buying buoyancy, revisits 8,300-mark

Last Updated: Monday, May 4, 2015, 20:17

Soothing comments from Finance Minister Arun Jaitley on the Minimum Alternate Tax (MAT) levied to FIIs also adequately supported the pullback rally.

FPI inflows hit 4-month low of Rs 15K-cr in April on MAT concerns

Last Updated: Sunday, May 3, 2015, 11:36

Investments by Foreign Portfolio Investors (FPIs) in the country's capital markets hit a four-month low of just over Rs 15,000 crore in April amid taxation related concerns.

'Govt amending law to provide compensation to duped investors'

Last Updated: Friday, May 1, 2015, 17:49

Thousands of crores of rupees are stuck in these schemes as CBI Director Anil Sinha had recently said that Rs 80,000 crore of 6 crore investors stands locked in such scams probed by the agency.