Airline operator SpiceJet was the best performing index stock, as it rallied 29.11 per cent for the week to Rs 49.45 a piece and now commands a market value close to Rs 3,000 crore. The stock surge amid news the airline is in talks with a Middle Eastern carrier for a 24 per cent stake sale.
India, France near deal on tax treaty, to lower levy on dividends paid to French parent companies
India and France are nearing a revised tax treaty that will reduce dividend taxes for French parent companies holding over 10% stakes to 5%, while