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News digest: TDP exits NDA, Anti-ageing market, electoral bonds, and more

Electoral bonds worth Rs 2.2 billion were sold in their maiden issue, which opened for subscription for 10 days beginning March 1

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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