Bain alleges that it invested around $60 mn based on false financial statements that EY had audited and certified
President Barack Obama has said that the United States will reduce its troops to 9,800 in Afghanistan by the end of this year before a complete withdrawal takes place by the end of 2016.
'In the run-up to the summit, Trump had indicated that he might strike a nuclear deal in the course of a single meeting or over several days, but as it transpired, Trump departed Singapore soon after the meeting.' 'This raises questions if his aspirations for an ambitious outcome had been scaled back,' says Rajaram Panda.
Here's a glimpse of all that happened around the world last week, in 16 images
In what is his final on-camera interview during his eight year stay at Washington's most famous address, US President Obama tells CBS that his family will be happy to be out of the White House come next weekend.
21st century may have witnessed expansion of higher educational institutions, but who can afford it? Sushree Panigrahi & Jeet Singh look at the numbers.
The German group has set aside 6.5 billion euros ($7.3 billion) to help cover the costs of the crisis and said that 11 million of its cars could be affected worldwide.
'The most valuable personal sensitive information of present and future citizens has been made available to foreign data firms and governments and non-State actors for all time to come,' says Gopal Krishna.
'Trump said the Republicans had 'moved too far toward the extreme right' and that he was capable of capturing more than the 'really staunch-right wacko vote' by reaching middle-of-the-road Americans.'
Is North Korea really dismantling its nuclear programme? Rajaram Panda explains the many challenges to denuclearise the Korean Peninsula.
The Middle East's power house is about to get a new ruler who is only 31 and he may lead Saudi Arabia for decades, says Ambassador M K Bhadrakumar.
Democrat Hillary Clinton and Republican Donald Trump have both won the most states in the biggest day of the race for the US presidential nomination.
Democratic presidential nominee Hillary Clinton is the only candidate in the race to the White House who has devoted her entire life to the people of America, outgoing US President Barack Obama has said.
Hundreds of Donald Trump supporters and protestors clashed outside an election rally of the presumptive Republican presidential nominee in San Diego.
Brijmohan Lall Munjal was a perfectionist, who empathised with people who worked for him.
In a debacle for Barack Obama and the Democratic Party, Republicans today gained control of the United States Senate and increased its majority in the House of Representatives in a sweeping midterm election win that could complicate the President's final two years in office.
Republican Ted Cruz posted two crucial wins over front-runner Donald Trump who also triumphed in two states in Sunday's multi-state vote while in the Democratic camp Bernie Sanders clawed his way back into the presidential contest with two victories over Hillary Clinton.
Here's a look at the events that shaped the world last week.
Images of the events that shaped the world last week.
The size of corporate fraud in India almost doubled after 2009, and such cases also increased in number, said a report from Thought Arbitrage, a think tank in Delhi.
Amid Trump's expected action against employment visas, India's bellwether IT firms reveal they have been preparing for this eventuality for years.
In a sea-change at the highest town of Europe, black business suits and orange-and-blue army dress have now become a common sight in Davos, as the world of business takes over this Alpine resort for the next five days beginning today, from the usual skiing enthusiasts.
Life insurance offers dual benefits: financial security to your family in case of the policyholder's death as well as helps you save tax, says Alok Patnia.
@015 may be a good year for FMCG firms.
Clinton and Trump came face-to-face at a white-tie charity dinner at the Waldorf Astoria, barely 24 hours after they clashed with each other at the third and final vitriolic presidential debate in Las Vegas.
Rediff.com gathers digs deep, to bring you interesting facts about the Democrat and the former White House First Lady.
15 photographs of events that occurred in the previous week.
Here's a collection of images of the past week.
These companies had threatened to leave Maharashtra and invest in other states when the state government had brought amendments to the Maharashtra VAT Act with effect from April 1, 2011, and made net sales the basis for VAT set-off claims.
As football fans arrive to watch Euro 2016, France's trade unions have undertaken a series of strikes to provoke a make-or-break situation. Claude Arpi encounters both Gallic beauty and ugliness in the country of his birth.
Oil and gas players' wish list includes incentivising E&P investments and reintroduction of income tax holiday for exploration and production activities, among others.
Seeking to boost the strategic ties, India and the US finalised the text of the Logistics Exchange Memorandum of Agreement.
Parekh ensures that he never forgets the importance of correctness.
The preference for digital banking now cuts across all customer segments.
Aziz Haniffa, who has covered every Indian Prime Minister's visit to the US since Rajiv Gandhi in 1985, gives us a peek into what's happening in Washington, DC on the eve of the Modi-Trump summit.
Nupur was able to successfully build a prototype of a biomass briquette, an alternative fuel from waste materials.
Isn't National Intelligence Grid and UIDAI engineered by vested interests, asks Gopal Krishna.
If November 9 ushers in a Hillary Clinton presidency, you can bet your last dollar that Huma Abedin will be back at POTUS' side.
Stressing on the 'Make in India' initiative, a Ministry of Defence appointed committee has recommended enhanced private sector involvement by granting manufacturers tax and import concessions.
The linking of biometric UID/Aadhaar number to all public services makes "We, the People of India" worse than slaves, says Gopal Krishna.
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