International investors await a crucial Supreme Court verdict on Tiger Global’s tax case. This ruling will significantly impact how foreign funds structure their investments in India. The decision could redefine tax implications for indirect transfers and the validity of tax residency certificates. Investors are closely watching for clarity on tax rules and their potential impact on future investment decisions.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs