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US raises concern over American firms evading taxes US raises concern over American firms evading taxes Earlier in the day, the Apple CEO Tim Cook denied allegations of tax evasion.
Apple tax evasion: CEO Cook remains unapologetic Apple tax evasion: CEO Cook remains unapologetic The report found Apple's three subsidiaries had no official tax residence, which made them pay little or no taxes.
Apple used subsidiaries to dodge billions in taxes: US panel Apple used subsidiaries to dodge billions in taxes: US panel One of Apple's Irish affiliates reported profits of $30 billion between 2009 and 2012, but since it did not technically belong to any country, it paid no taxes to any govt.
Vodafone tax case: Govt favours 'out-of-court' settlement Vodafone tax case: Govt favours 'out-of-court' settlement Telecom Minister Sibal, who took additional charge as Law Minister yesterday, revived the case by seeking a fresh opinion of Attorney General G E Vahanvati on the issue.
SAIL, RINL likely to be allowed to charter ships for imports SAIL, RINL likely to be allowed to charter ships for imports Currently, imports by the steel PSUs are done through ships chartered by Transchart, a state-owned enterprise operated by Shipping Corp of India (SCI).
Litigation funds eye India business as corporate tussles grow Litigation funds eye India business as corporate tussles grow Amid a rising number of international legal disputes involving entities and businesses in India coming to fore, a number of 'litigation funds' from abroad are sensing a niche business opportunity for them.
RINL plans to set up 3 mtpa steel plant in Jharkhand RINL plans to set up 3 mtpa steel plant in Jharkhand Rashtriya Ispat Nigam Ltd (RINL) plans to set up a three million tonnes per annum (mtpa) steel plant in Jharkhand involving an estimated Rs 16,500 crore investment.
TELCO to pay Rs 2.5 lakh for selling defective car TELCO to pay Rs 2.5 lakh for selling defective car The National Consumer Disputes Redressal Commission (NCDRC) passed the order while upholding the decision of the Delhi State Consumer Commission which had directed TELCO to pay the compensation.
SAIL, RINL raw material needs to rise up to 39% by 2015-16 SAIL, RINL raw material needs to rise up to 39% by 2015-16 Raw material needs of public sector steel majors SAIL and RINL are going to increase by up to 39 percent in three years as they are on the verge of completing capacity expansion programmes.
RINL committed to start operations in Bayyaram mines RINL committed to start operations in Bayyaram mines State-owned Rashtriya Ispat Nigam Ltd (RINL) Thursday said it is committed to begin exploration of Bayyaram mines area to find out the exact quantum of iron ore reserves there and set up value addition facilities.
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