reserve bank of india, merger of banks, Arun Jaitley, Business news

Finance Minister Jaitley has given indications to the merger of many more banks, said – India needs big banks.

Finance Minister Arun Jaitley has said that consolidation in the country’s banking industry should increase, i.e. the number of banks should be reduced. He said that the country needs less but powerful banks so that the profits gained from large scale can be availed. He dismissed concerns about the impact of the fiscal year announced […]

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salary discrimination, Oracle, Business news

Allegations of discrimination on the oracle, 25% lower salaries given to Indians than whites.

Bengaluru, US Department of Labor accused American company Oracle on discrimination with Indians, other Asian countries personnel and African American employees. The department said that despite the same position and responsibility, the Oracle gives them 25 percent less salaries than the whites. However, Oracle has given jobs to the Indians in terms of product developer, […]

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