Daily Newsletter | Tuesday, May 26, 2015 | | | Black money: Switzerland discloses 2 names | | Two Indian women figure among scores of foreign nationals with Swiss bank accounts, whose names have been made public by Switzerland in its official gazette for being probed in their respective countries. |
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| Ex-PM told me to go along on 2G: Baijal | | Former Telecom Regulatory Authority of India (Trai) chairman Pradip Baijal has alleged that then Prime Minister Manmohan Singh warned him of “harm” if he didn’t cooperate in the 2G case and UPA II ruined his reputation to divert corruption charges against its coalition government. |
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| | Gold smuggler bites more than he can chew! | | Customs and Directorate of Revenue Intelligence (DRI) sleuths arrested a gold smuggler, who arrived at Rajiv Gandhi International Airport (RGIA) from Dubai, while trying to smuggle in eight kilos of the yellow metal on Monday. |
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| In rare act, man donates kidney to step-daughter | | In a rare instance, a man has donated his kidney to his step-daughter. And, with his gesture, Dilip Jain, 52, who runs a grocery business at Nandurbar in Maharashtra, has shed the prefix ‘step’ from the word ‘father’. |
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| | Infosys creates healthcare unit HILife | | In what appears to be an effort to increase its focus on healthcare, Infosys will transfer the healthcare business of its US-based, wholly-owned subsidiary Infosys Public Services to itself. |
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| | | Jaitley to taxmen: Squeeze parallel economy, but be fair | | Finance minister Arun Jaitley on Monday asked the country’s top income tax officials to squeeze the parallel economy in a free and transparent manner that did not impact the honest taxpayer, and promised to lower taxes to global levels over the next four years and phase out exemptions for the corporate sector. |
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| Bank staff to get 15% wage hike as IBA inks pact | | Around one million employees of 43 banks, including state-owned ones, will get a 15% hike in salaries as the Indian Banks’ Association (IBA) on Monday signed a wage agreement with unions and officers’ associations that will impose an additional burden of up to Rs 8,370 crore on lenders. |
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| Genpact eyes Syntel acquisition | | Genpact’s principal shareholder Bain Capital has evaluated the acquisition of Nasdaq-listed IT services firm Syntel, triggering speculation about another billion dollar consolidation move in the IT services industry. |
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