Promoters of Indian cos are rushing to complete share buybacks before new tax rules take effect on October 1. The changes will shift the tax burden from companies to shareholders, making buybacks less attractive for high-net-worth individuals. Several companies have already completed or announced buyback offers in anticipation of the new rules.
SpiceJet shares up 4% on launching 32 new flights to expand domestic, international connectivity
SpiceJet Shares Price: SpiceJet shares rose 4.2% after announcing 32 new flights for winter, enhancing connectivity. The airline aims to improve customer experience with increased