Axis Mutual Fund has launched the Axis Income Plus Arbitrage Passive FOF, an open-ended scheme aiming for tax-efficient returns by blending passive debt and arbitrage strategies. This new fund offer targets investors seeking stability and predictability, with a focus on post-tax gains over a medium-term horizon.
US Stocks: Qualcomm unveils $20 billion stock buyback program; shares jump 3%
Smartphone chip designer Qualcomm on Tuesday unveiled a $20 billion stock buyback program as it looks to take advantage of a steep drop in its