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The company was renamed the Colombo Stock Exchange in 1990. The CSE introduced the Central Depository System, which automated clearing. The CSE headquarters opened in World Trade Center Colombo in 1995. [3] [full citation needed] The Milanka Price Index (MPI) of the CSE's 25 best-performing stocks was introduced in 1999.
The dividend received by the shareholders is then exempt in their hands. Dividend-paying firms in India fell from 24 percent in 2001 to almost 19 percent in 2009 before rising to 19 percent in 2010. [17] However, dividend income over and above ₹1,000,000 attracts 10 percent dividend tax in the hands of the shareholder with effect from April ...
The rally lost steam in the closing weeks of 2024, with the S&P 500 and the Dow marking declines for December, as markets priced in the likelihood of fewer rate cuts from the Fed this year.
(Reuters) -TikTok's parent company ByteDance is valuing itself at about $300 billion, after it recently approached investors about a share buyback program, according to two people familiar with ...
MANTRA, a blockchain platform focused on real-world assets (RWAs), has signed a deal with Dubai developer DAMAC Group to tokenise assets in the Middle East worth at least $1 billion, the two firms ...
Oversight over CSE was formerly provided by the Office of the Communications Security Establishment Commissioner (OCSEC; French: Bureau du commissaire du Centre de la sécurité des télécommunications, BCCST), which was created on 19 June 1996 to review CSE's activities for compliance with the applicable legislation, accept and investigate ...
December 11, 2024 at 6:32 AM ‘A minefield of its own making’: New investigation of USAA reveals ‘fundamental breakdown’ with repeat compliance issues as profits vanish
Congress is gathering for a joint session to certify the results of the 2024 election, the final step before President-elect Donald Trump's inauguration on Jan. 20, after some major changes to ...