UPDATE 3-IndiGo eyes Air India stake in possible privatisation
* IndiGo has 40 pct of domestic market vs Air India's 13 pct (Adds comment from IndiGo owner InterGlobe Aviation)
NEW DELHI Dec 30 India will start imposing capital gains tax on investments from Singapore from April 2017 and withdraw all tax exemptions in two years after the two countries agreed to amend a decade-old treaty, Finance Minister Arun Jaitley said on Friday.
With the amendments, investors based in Singapore will no longer benefit from tax exemptions on capital gains taxes. Changes to the treaty with the Asian financial centre had been widely expected. (Reporting by Manoj Kumar; Editing by Rafael Nam)
LONDON, June 29 A sharp turn lower across risky assets just ahead of the open on Wall Street put European shares on course for their worst day since last September, with tech and sectors most sensitive to higher interest rates the biggest drags.