Air India has asked a New York court to dismiss a petition filed by Britain's Cairn Energy for seizure of its assets to enforce $1.2 billion arbitral awards against the Indian government, saying the litigation was premature as an appeal against the arbitration award was still pending. The petition by the airline, which is separate to Indian government's plea in a Washington court seeking dismissal of Cairn's lawsuit to seek confirmation of the arbitral award, said the New York district court lacks jurisdiction to adjudicate a "mere hypothetical question" or one that depends upon contingent future events that may or may not occur. Cairn first moved a court in the US District Court for the District of Columbia seeking confirmation of the arbitration award and then filed a petition in the New York court to seek declaration of Air India as "alter ego" of the Indian government and so it should be made liable to pay the $1.26 billion arbitral award.
A picture of arrested Delhi Minister Satyendar Jain with a harried and weary look circulating on social media on Friday drew sharp reactions from Aam Aadmi Party leaders and supporters.
A naturally reclusive nature and a conviction for the work to do the talking meant there was very little known about Mistry even during his time at the helm of Tata Sons. He did not do a single media interview from Bombay House.
Thousands of fans from both countries have crisscrossed the globe to watch their team in action and trust rival captains Rohit Sharma and Babar Azam to tell you this is another 'match' for them, but all the 22 players and reserves know that this is 'The Match'.
After a revolt in the Shiv Sena, party president Uddhav Thackeray was ready to align with the Bharatiya Janata Party in Maharashtra if the dissidents dumped rebel leader Eknath Shinde, a proposal that was unacceptable to rebel MLAs and the national saffron outfit, legislator Deepak Kesarkar claimed on Friday.
Trade pundits and quick think piece experts can speculate all they like, but what works at the box-office is a mystery as always.
'If Badhaai Ho had not happened, nobody would have talked about me being a good actress.' 'They have never said it before.' 'I would have been nothing.'
Jairam Ramesh said the Congress has to be the "fulcrum" of any Opposition alliance to take on the BJP in the 2024 general elections as it is the only political force with a pan-India presence.
'You have to be a total anti-national bozo to shut down the Nokia plant in Sriperumbudur, which was the first large manufacturing plant for mobile phones in India.' 'Why was the unit shut down? Because of somebody's ego.'
Saha took a decision to leave Bengal after CAB joint secretary Debabrata Das alleged that the veteran keeper makes excuses to skip domestic matches for the state.
Neither the ruling DMK nor the fractured AIADMK Opposition anticipated that an assembly by-election would put them both to test, observes N Sathiya Moorthy.
Keen to rejoin the Congress after being expelled from the Bharatiya Janata Party, Harak Singh Rawat on Tuesday said he is ready to apologise to former chief minister Harish Rawat any number of times for the sake of Uttarakhand's interests.
Sukanya Verma applauds the man, the movies and the many, many, MANY memories he's created on big screen through 80 Amitabh Bachchan moments.
This year Bollywood will see an army of new talent and Maradona Rebello is one of the new faces that you will see in Sudipto Chattopadhyay's Pankh. This 22-year old, happy go lucky and friendly model turned actor talks about his first film and much more.
'It leads to more investment, more money put in R&D, expansion and modernisation.'
Former Karnataka chief minister H D Kumaraswamy will swear before Lord Manjunatha, the presiding deity at Dharmasthala, that Chief Minister B S Yeddyurappa had in fact tried to buy peace with him in relation to charges of corruption.
A day after Kohli was removed as the ODI captain, BCCI President Ganguly had told ANI that he had indeed spoken to Virat regarding the leadership change adding that he had requested Virat to also not give up the T20I captaincy.
Sidhu's meeting came days after he called Mann as a "rubber doll", alluding to the Opposition charge that the state government is being run by the Aam Aadmi Party leadership from Delhi.
'Sanjayji is so spontaneous that you come to know immediately whether the dialogue or the script has touched him or not.'
Critics of Hindi cinema are a disparate, colourful, bunch that evoke much derision and tut-tut among its own tribe, but Chup's distant understanding of their influence and idiosyncrasies fails to give the loathing any real impact, notes Rediff.com Principal Movie Critic Sukanya Verma.
PCB chairman Ramiz Raja said that the issue will be raised at the next ICC conference.
The boy from Kanpur kept his audiences in theatres, on television and lately on social media platforms engaged with vivid societal sketches, be it about travelling in Mumbai's famous locals or lampooning queues at wedding buffets.
While Kareena kept it light and fun, Aamir didn't shy away from roasting Karan Johar.
Toxic people are all around us. And they can cause us emotional and mental damage. Mental health coach Anu Krishna explains how to deal with toxic, abusive, people and relationships.
Manchester United manager Ole Gunnar Solskjaer says he will not tolerate players with personal agendas and would rather leave positions in the squad vacant than have them upset the applecart.
Cairn Energy and Air India have jointly asked a New York federal court to stay further proceedings in the British firm's US lawsuit targeting the airline for enforcement of a $1.2-billion arbitral award. The move follows the government enacting a law to scrap retrospective taxation in the country, which in effect will result in withdrawal of the Rs 10,247 crore tax demand on Cairn, according to court documents reviewed by PTI. The British company had won an international arbitration award against levy of such taxes and sought to take over Air India assets when the government refused to honour the award and pay it $1.2 billion-plus interest and penalty.
Too many egos! too many individualities! It is not only true for France, but most 'great' teams with 'great players'. Zizou believes that 'the collective spirit must be displayed by the team'. He rightly said: 'A World Cup is very short; many will never play again, forget your ego and work together for the team'.
Addressing Uddhav Thackeray, Ranaut later posted a video message saying his "ego will be destroyed" the way her Bandra home was demolished.
The court, however, said it was not going to accede to the demand of Rs 50 lakh sought by the girls' family as it was an 'exorbitant' and 'highly exaggerated' amount.
Devas Multimedia has seized $87,457.47 cash that ISRO's commercial arm Antrix Corporation held in the US as it looked to enforce a $1.2 billion compensation it had won over a cancelled satellite deal, its lawyer said on Wednesday. Devas Multimedia America Inc had sought seizure of $145,000 but the actual recovery was $87,457.47 (a little less than Rs 70 lakh). This came after it secured a favourable order from the Eastern District Court of Virginia, Matthew D McGrill said.
The 57-year-old said he is still 'kind of processing' the infamous incident.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
If the NIA took the lead in the investigation of all cases of terror strikes, they would be able to build up a strong database which will help avert future attacks, says Vicky Nanjappa
After Air India, Britain's Cairn Energy PLC plans to target assets of state-owned firms and banks in countries from the US to Singapore as it looks to ramp up efforts to recover the amount due from the Indian government after winning an arbitration against levy of retrospective taxes. A lawyer representing the company said Cairn will bring lawsuits in several countries to make state-owned firms liable to pay the $1.2 billion plus interest and penalties that are due from the Indian government. Last month, Cairn brought a lawsuit in the US District Court for the Southern District of New York pleading that Air India is controlled by the Indian government so much that they are 'alter egos' and the airline should be held liable for the arbitration award.
Despite consumer inflation, joblessness, etc, ordinary voters still think Modi is the best to rule the country.< Going into the poll with a tried and tested prime ministerial candidate is a huge plus for the BJP --- and a huge handicap for the Opposition, points out Virendra Kapoor.
Home Minister P Chidambaram was on Friday appointed the head of the Empowered Group of Ministers on spectrum auction that was reconstituted after Agriculture Minister Sharad Pawar declined the job.
The tough part about coaching is that you have to trouble the comfortable, and comfort the troubled, observes Sandeep Goyal.
The Congress won 77 seats or 42% of seats in the 2017 polls. How then can Gujarat be called a BJP bastion, asks Sanjeev Nayyar.
All-rounder Glenn Maxwell has admitted to being upset by the frequent criticism directed at him but most of all by the implication that he is not a team man dedicated to helping Australia win the World Cup.
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