Britain's Cairn Energy has secured a French court order to seize 20 Indian govt properties to recover arbitration award, it is learnt.
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.
ED team managed to get several bank statements from Barbados, Dubai, Hong Kong etc. which prove vital overseas link and money trail relating to Nirav Modi and his aides.
Former United States President Barack Obama has been free from the pressures of running the nation for two years now. However, while in office and even out of it, Obama has always enjoyed each moment. As he celebrates his 57th birthday (August 4), here are some of his lighter moments enjoying life.
According to CNN, just before Obama stepped from Air Force One, he sent a message to Cubans through Twitter.
India has got the second set of Swiss bank account details of its nationals and entities under the automatic exchange of information pact with Switzerland, marking a key milestone in the government's fight against black money allegedly stashed abroad.
Marking a key milestone in the Indian government's fight against black money allegedly stashed abroad, India will get this month the complete information on flats, apartments and condominiums owned by Indians in Switzerland as also on earnings made from such properties to help it look into tax liabilities associated with those assets.
US indicts Rajya Sabha MP K V P Ramachandra Rao, a close associate of Y S Rajasekhara Reddy and his son Jaganmohan Reddy, in bribery and corruption case.
The probe pertains to firms identified as Advantage Strategic Consulting Private Limited and Chess Global Advisory Services Pvt Ltd, where Karti had been a director
Inside the governors' reception hosted by Indian Ambassador to the US Navtej Sarna -- a first in more than 15 years.
The Zika virus, an alarming and disturbing infection that may be linked to thousands of babies being born with underdeveloped brains, is spreading through the Americas. But what is the virus, how is it spread and how can people minimise the chances of catching it?
On July 1, 2021, Britain's Princess Diana would have turned 60 and two decades after her tragic death in a car accident near the end of summer 1997, she still holds an exalted place on the altar of the most admired people in the world, her status secure as a style icon -- as is her legacy of having forever changed the British monarchy.
Aseem Chhabra watched some great films and some huge disappointments in 2021.
It is one piece of document that you should have alongside your travel tickets.
It is strange that the wealthy evade taxes even though the marginal utility of the money saved amounts to little and tax rates in countries, including India, have dropped
If India was able to provide additional and new information about people and entities that figure on stolen lists, they may consider it to exchange information
Virgin promoter to protest Adani's mining project in Australia, saying it will damage the Great Barrier Reef
Clinton win potentially disrupts a string of expected primary losses this month that had threatened to weaken her even as she turned her focus to her likely matchup against Republican Donald Trump in the general election.
Two Indians, Arsh Dilbagi and Mihir Garimella, were among the winners of Google Science Fair 2014, held on September 22, 2014 at the Fox Theatre, Redwood City, California.
Indians are the biggest non-Arab investors in Dubai's real estate market.
From a shy bride to a passionate campaigner, the story of Diana, 'the People's Princess', was more often than not told through photographs.
USL is already contesting a Karnataka High Court order.
In the matter pertaining to acquisition of AgustaWestland helicopters, the undisputed central issue that stands out is corruption, especially bribery, the statement said.
Summary of sports events and persons who made news on Thursday
Government on Monday formed a multi-agency group to monitor exposes in this regard and vowed to take action against all "unlawful" accounts held abroad.
The charming town of Pelling can strike a balance between commerce and conservation
Seven persons had been arrested in connection with the blasts.
We bring you a collection of some of the best photographs taken in the week gone by.
'Women want a man with a sense of humour, but refuse to see the funny side when they show it' ...whines the male protagonist of Madhuri Banerjee's fourth novel My Clingy Girlfriend
Your vote now is going to decide whether India fixes itself and becomes a vibrant democracy, or a failed State like the ones in our neighbourhood, says Dasarathi G V.
The Union Health ministry put the number of positive cases at 82, eight more since Thursday night, which includes the woman and a 76-year-old man from Karnataka who became the country's first coronavirus fatality besides 17 foreign nationals, Health Ministry officials said.
'In 2015 I watched films in so many places. I attended several film festivals around the world -- Berlin, Tribeca (New York), Telluride, Toronto, Zurich, Mumbai, Dharamsala and Goa,' says Aseem Chhabra, author of a forthcoming book on Shashi Kapoor.
'What we are trying for is to make space travel easier like air travel.' 'We have already established ourselves... the fact that other countries are coming to seek our help shows our technology is mature.'
'We are dealing with a size of the world that equaled England and France combined. We are talking about 250 years of history.' Sultans of Deccan India, 1500-1700: Opulence and Fantasy -- a first of its kind exhibition anywhere in the world -- opened at the Met, April 20. Aseem Chhabra spoke to Navina Haykel, the curator of the show.
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