The Income Tax Department is investigating US investor Jane Street. It has summoned EY, Jane’s auditor in India. The department seeks details about Jane’s Indian operations. They want to know who controlled the trading and where instructions originated. The tax office suspects tax avoidance through Jane’s India, Singapore, and Hong Kong entities. Sebi may have prompted the tax probe.
US stocks today: S&P 500 and Nasdaq hit record closing highs as US and Iran agree to extend ceasefire
The S&P 500 and Nasdaq hit record closing highs as hopes of a US Iran ceasefire extension boosted sentiment. Investors also digested US inflation rising
May 28, 2026