TheSpuzz Desk

Hexaware Technologies investors to sell shares worth  ₹9,950 crore in IPO | Stock Market News

Hexaware Technologies investors to sell shares worth ₹9,950 crore in IPO | Stock Market News

Source: Live Mint Mumbai-based Hexaware Technologies has filed draft papers with the Securities and Exchange Board of India (Sebi) for an initial public offering (IPO) in which promoters will sell shares worth ₹9,950 crore. If successful, Hexaware’s IPO would be the largest in the country’s information technology services space since Tata Consultancy Services’ ₹4,713-crore initial…

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Stock market news: This income tax rule to be implemented next month | Mint

Stock market news: This income tax rule to be implemented next month | Mint

Source: Live Mint Starting October 1, 2024, significant changes will be implemented in the taxation of share buybacks, shifting the tax burden from companies to shareholders. Companies are taxed at 23.296 per cent on buyback transactions, covering surcharges and cess, while shareholders face no tax on the buyback proceeds. Under the new rules, buyback proceeds…

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500,000 tokens: How Anthropic’s Claude Enterprise is pushing AI boundaries

500,000 tokens: How Anthropic’s Claude Enterprise is pushing AI boundaries

Source: Venture Beat Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Anthropic launched Claude Enterprise today, a powerful version of its AI assistant designed to change how businesses interact with and leverage AI technology. This launch marks a major milestone in Anthropic’s journey and…

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