NIFTY  9,357.90  -0.30%
  SENSEX  30,297.00  -0.22%
 CURRENCY  Rs  64.89/$ 72.59/€, 84.18/£
  GOLD  28,702.00  -0.38%
  SILVER  39,676.00  -0.71%
  DAX  12,659.20  0.31%
  FTSE  7,485.29  -0.15%
  CAC  5,348.16  0.41%
  HANG SENG  25,428.50  0.10%
  NIKKEI  19,743.00  0.66%
  Shanghai Composite  3,064.08  0.03%
  DOW JONES  20,937.90  0.21%
  NASDAQ  6,138.71  0.08%
  S&P 500  2,398.42  0.18%
RELIANCE INFRA : Gets SEBI Nod For Rs 2,500 Cr InvIT RELIANCE INFRA : Reliance Nippon Life AMC Is The Investment Manager To The InvIT RELIANCE INFRA : Axis Capital, DSP Merrill Lynch & UBS Securities Acting As Global Coordinators RELIANCE INFRA : SBI Capital Markets & Yes Securities Acting As Book Running Lead Managers SOURCES TO BTVI : Reliance Infra InvIT IPO Likely To Open In 2 Weeks EARNINGS REPORT : Sanghi Inds Q4 PAT Rs 26.2 Cr Vs Loss Of Rs 2.5 Cr YoY EARNINGS REPORT : Sanghi Inds Q4 Total Income Rs 274 Cr Vs Rs 344 Cr, Down 20.3% YoY EARNINGS REPORT : Sundram Fasteners Q4 PAT Rs 87.6 Cr Vs Rs 87.2 Cr YoY EARNINGS REPORT : Sundram Fasteners Q4 Total Income Rs 832 Cr Vs 768 Cr, Up 8.3% YoY IDEA CELLULAR F&O CUES : Long Put Addition Seen At 75 Strike, Open Interest Up 10x IDEA CELLULAR F&O CUES : High Short Call Additions Seen At 80 Call, Open Interest Up 23x EARNINGS REPORT : Bayer Crop Q4 Loss Rs 36.1 Cr Vs Profit Of Rs 19.4 Cr YoY EARNINGS REPORT : Bayer Crop Q4 Rs 253 Cr Vs 485 Cr Down 48% YoY EARNINGS REPORT : Bayer Crop To Pay Dividend Of Rs 17/Share

Tax Hit For Cos With Derivatives Trades

Video:

Play this video

July 19: The Delhi High Court has delivered a significant tax blow to companies that trade in derivatives. The court has ruled that losses incurred from derivatives cannot be set-off against any other income and added that it would be treated as a speculation loss. Bloomberg TV India talks to Sunil Jain, Partner at law firm JSA, about the implications of this case.