Finance Minister P Chidambaram has favoured mergers in the banking industry so that India can have two-three global sized banks.Addressing the Annual Day function of the Competition Commission of India in New Delhi yesterday, he said, bank mergers could lead to too-big-to-fail entities.
Traders from various districts of Maharashtra have finally agreed to call off their strike against the Local Body Tax (LBT). The announcement which was made after a meeting between traders and Chief Minister Prithviraj Chavan in Mumbai late yesterday night came as a relief to the people.Sp...
Apple has been accused of being among America's largest tax avoiders by a Senate committee. The committee said Apple has used a complex web of offshore entities to avoid paying billions of dollars in US income taxes. Apple chief Tim Cook will go before the panel tomorrow.In prepared te...