Asset reconstruction companies (ARCs) are on the frontlines, lobbying for a pass-through tax designation for alternative investment funds (AIFs) that invest in security receipts (SRs). They believe the current tax bracket of 42.74% is stifling potential investors
Indian Navy commissions indigenous anti-submarine warfare vessel INS Mahe

Indian Navy commissions indigenous anti-submarine warfare vessel INS Mahe
Mumbai, Nov 24 (PTI) The Indian Navy on Monday commissioned INS Mahe, the first of the Mahe-class anti-submarine warfare shallow water craft, which is expected to boost its combat prowess.
Army Chief General Upendra Dwivedi was the chief guest at the commissioning of INS Mahe, marking the new generation of indigenous shallow-water combatants – sleek, swift and resolutely Indian.
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Built by Cochin Shipyard Limited (CSL), INS Mahe represents the cutting edge of India's Aatmanirbhar Bharat (self-reliant India) initiative in naval ship design and construction. Compact yet powerful, the ship embodies agility, precision and endurance – qualities vital for dominating the littorals, the Navy said.
With her blend of firepower, stealth and mobility, the ship is designed to hunt submarines, conduct coastal patrols, and secure India's vital maritime approaches, it added. PTI PR GK
Source: News18
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Asset reconstruction companies (ARCs) are on the frontlines, lobbying for a pass-through tax designation for alternative investment funds (AIFs) that invest in security receipts (SRs). They believe the current tax bracket of 42.74% is stifling potential investors
3 months ago