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  • India will introduce tax bills this parliamentary session to attract foreign capital and boost manufacturing.
  • Proposed legislation would formalize tax exemptions for foreign buyers of Indian government bonds.
  • Offshore funds with management based in India would be shielded from certain taxes under the proposals.
  • Tax holidays for overseas equipment suppliers to electronic manufacturers are proposed to be extended to 2041.
  • Separate bills will target incentives for data centres and diamond mining to spur investment.

Latest Articles

Westport to Issue Q1 2026 Financial Results on May 14, 2026

Westport to Issue Q1 2026 Financial Results on May 14, 2026

Westport Fuel Systems Inc. will release its Q1 2026 financial results on May 14, 2026, after market close, with a conference call and webcast scheduled for May 15. The company focuses on alternative fuel and low-emission transportation technologies supporting natural gas, renewable natural gas, and hydrogen fuels for the commercial transportation i…

Trio Petroleum CEO Executes Stock Sale for Tax Obligations

Trio Petroleum CEO Executes Stock Sale for Tax Obligations

Robin A. Ross, the Chief Executive Officer of Trio Petroleum Corp (TPET), has completed a sale of common stock totaling approximately $5,822.50. The transaction, which involved 12,500 shares, took place on May 6, 2026. According to regulatory filings with the Securities and Exchange Commission, this specific movement of shares was conducted to addr…

BRT Apartments Corp. Files First Quarter 2026 Financial Statements

BRT Apartments Corp. Files First Quarter 2026 Financial Statements

BRT Apartments Corp., a US-based real estate investment trust specializing in multifamily properties, announced the filing of its Q1 2026 financial report with the SEC. The company owns or has interests in 31 multifamily properties across 11 states, totaling 8,311 units, and holds preferred equity in two additional multifamily properties.

Trident Announces Hearings Panel Date

Trident Announces Hearings Panel Date

Trident Digital Tech Holdings Ltd announced that Nasdaq has granted its request for a hearing on June 4, 2026, to present a plan to regain compliance with the minimum bid price requirement of $1.00 per share, temporarily staying the delisting action. The company focuses on digital transformation, technology optimization, and Web 3.0 activation with…

Diana Shipping Inc. Files Definitive Proxy Statement and Sends Letter to Genco Shipping & Trading Shareholders

Diana Shipping Inc. Files Definitive Proxy Statement and Sends Letter to Genco Shipping & Trading Shareholders

Diana Shipping Inc., a major shareholder of Genco Shipping & Trading Limited, has filed a definitive proxy statement nominating six independent directors to Genco's board. Diana urges Genco shareholders to support their nominees and accept Diana's fully financed, all-cash acquisition offer at $23.50 per share, a 31% premium over Genco's recent undi…

SLB Director Executes Share Sale Amid Recent Analyst Optimism

SLB Director Executes Share Sale Amid Recent Analyst Optimism

A recent regulatory filing reveals that Patrick de La Chevardiere, a member of the board of directors for SLB Limited/NV (SLB), has reduced his position in the company through a sale of common stock. The transaction, which occurred on May 7, 2026, involved the disposal of 2,000 shares. Sold at an individual price of $54.33 per share, the total valu…

Innospec Reports First Quarter 2026 Financial Results

Innospec Reports First Quarter 2026 Financial Results

Innospec Inc. reported Q1 2026 revenues of $453.2 million, up 3% year-over-year, with GAAP EPS of $1.22 and adjusted EPS of $1.05. Strength in Fuel Specialties partially offset negative impacts from the January US winter storm affecting Performance Chemicals and Oilfield Services. The company raised its dividend by 10% and announced a new $75 milli…

IREN Shares Jump as Firm Secures NVIDIA Partnership and Moves into Spain

IREN Shares Jump as Firm Secures NVIDIA Partnership and Moves into Spain

IREN Limited announced a strategic collaboration with NVIDIA to roll out as much as 5 gigawatts of AI-focused data center capacity and separately agreed to an acquisition in Spain that adds roughly 490 megawatts of secured grid power. The partnership includes a five-year option for NVIDIA to buy up to 30 million IREN shares at $70 each, subject to …

Vernal Capital Raises $100 Million in NYSE IPO of Units

Vernal Capital Raises $100 Million in NYSE IPO of Units

Vernal Capital Acquisition Corp. completed an offering of 10 million units at $10.00 each, raising $100 million. Units began trading on the New York Stock Exchange on May 6, 2026 under the ticker for units, and the company also closed a concurrent private placement. Net proceeds from the public and private sales were deposited into a trust while th…

W. P. Carey Inc. Chief Accounting Officer Executes Common Stock Sale

W. P. Carey Inc. Chief Accounting Officer Executes Common Stock Sale

Brian H. Zander, the Chief Accounting Officer of W. P. Carey Inc. (WPC), has completed a sale of company shares. The transaction took place on May 6, 2026, involving a portion of his holdings in the real estate investment trust. This insider movement comes amidst a period of notable financial performance for the firm, which recently posted first-qu…

Prospect Capital Announces March 2026 Results

Prospect Capital Announces March 2026 Results

Prospect Capital Corporation announced its financial results for the quarter ending March 31, 2026. The company reported net investment income of $78.5 million and declared consistent monthly cash distributions to common shareholders. Prospect emphasized its strategic focus on first lien senior secured middle-market loans, reductions in lower-yield…