Aug 1, 2016 - No losses of job, salary in SBI merger: Arundhati Bhattacharya

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              from India Finance

Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
This fascinating piece titled 'How Jerry Yang killed Yahoo, by Saving it', discusses how ironically, the Yahoo sale became an inevitability not in spite of Yang's amazing Alibaba heist, but because of it. Here's Bloomberg View's Matt Levine's comments on it. ".. what is much more shameful is that the whole point of Yahoo as a company right now is to not pay taxes on Alibaba. I realize that seems a bit hyperbolic, but just look at those numbers. Those Alibaba taxes are worth at least two and a half times the value of Yahoo's entire business. If there was a way to avoid paying taxes on the Alibaba shares that involved burning all of Yahoo's actual businesses to the ground, Yahoo should do that all day long, and then do it again the next day. It would still add shareholder value". Read the full article here.

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How private banks are taking over Indian banking

While public sector banks continue to have the most deposits among the different kinds of banks operating in India, they have lost market share over the years.In 2018-19, private banks gave a total of ₹7.3 trillion in loans, while public sector banks gave ₹2.3 trillion in loans

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Today's TradeBriefs Cartoon

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