India Inc's subsidiaries in tax havens under probe agencies' scanner
The government’s task force on shell companies has recommended that enforcement agencies and regulators identify and conduct an inquiry against Indian companies having subsidiaries in tax havens such as Delaware (US), Luxembourg, Panama, Mauritius and Ireland.
The task force, set up in July 2017, has listed 14 parameters for identification of potential shell companies and suggested launching probes against them. Read more
Markets post second-biggest fall of 2018 on trade war, TDP no-trust vote
The benchmark Nifty on Friday posted its second-worst single-day fall of 2018 due to global

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