US, European markets split as Apple hit with $14.5 billion tax bill
European and US equities markets went in opposite directions, with Wall Street in negative territory after European officials ordered Apple to pay $14.5 billion in back taxes.
Aug 31, 2016, 03:12 AM ISTApple given relaxation in sourcing for first three years: Govt
Apple has only been given a "breather" for the first three years by providing relaxation to it in local sourcing norms and the compulsory 30 percent local sourcing clause has not been completely dispensed with, government on Wednesday informed Rajya Sabha.
Jul 27, 2016, 21:10 PM IST