Tech Mahindra was the top gainer in the Sensex pack, spurting 3.32%, followed by IndusInd Bank, Infosys, HCL Tech, Maruti, SBI, TCS and Wipro. UltraTech Cement, Mahindra & Mahindra, Larsen & Toubro, Bajaj Finance and Bajaj Finserv and Titan were among the laggards, shedding as much as 1.94%.
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