A whopping Rs 62,476 crore has been "illegally" transferred by smartphone maker Vivo to China in order to avoid payment of taxes in India, the Enforcement Directorate said Thursday, as it claimed to have busted a major money laundering racket involving Chinese nationals and multiple Indian companies. This money is almost half of Vivo's turnover of Rs 1,25,185 crore, it said without stating the time period of the transaction. The crackdown on the leading Chinese company came after the federal probe agency found that three Chinese nationals, all of whom "left" India during 2018-21, and one other person from that country incorporated as many as 23 companies in India in which they were also helped by a Chartered Accountant, Nitin Garg.
'Till about the second to last over, I thought we had it. Unfortunate run out of Tim David. But we thought we were very much in the game till that run out.'
A round-up of Day 3 of the Ranji Trophy matches played on Saturday.
It has been a rollercoaster ride for SRH who won five games in a row before losing the next five.
'Sam was excellent for us in the first half and Bravo has come back now like the champion he is. He is back to his best and his bowling in the death overs has been outstanding.'
Over 50 employees of the company whose office was located on the first floor were rescued while 27 bodies have been found.
Karnataka looked set to secure a big first innings lead against Goa despite fighting half-centuries by three of the home team's batters on day three of their Elite Group C match in Porvorim, on Thursday.
A source said that the transfer is a "tripartite agreement" between Oppo, Byju's and the BCCI and will be signed on Thursday.
"Cash is still quite high in the system. There is also stocking of Rs 2,000 notes in evidence. The expansion of digital payments is taking place all over the world. It is happening in India as well. The pace is much slower," S C Garg, who took VRS from government service after he was abruptly shifted out of the finance ministry, said in a note.
A summary of the Ranji Trophy matches played on Wednesday.
Regaining the lost sheen, sales of gold jewellery and coins are set to touch pre-COVID levels in volume terms on the auspicious Dhanteras as easing pandemic concerns and pent up demand saw consumers flocking to stores to buy the precious metal. Increased footfall at stores and brisk sales online as well as relatively softer gold prices compared to record Rs 57,000 per 10 grams level in August spurred increased buying, especially light weight offerings, on Tuesday. Dhanteras is considered to be auspicious for buying precious metals and other valuable items.
Playing his first game in IPL 2020, Lockie Ferguson showed no signs of rustiness as he claimed five wickets, including two in the Super Over, to help KKR register a narrow win over Sunrisers Hyderabad.
A summary of all the action from Day 1 of the Ranji Trophy matches played on Tuesday.
Parliament has approved a gross borrowing for Rs 7.1 lakh crore for the entire 2019-20 fiscal.
The market capitalisation of BSE-listed companies jumped to a record high of Rs 2,40,04,664.28 crore on Tuesday, driven by a rally in stocks that also saw the benchmark Sensex touching its lifetime peak of 53,887.98 points. Rallying for the second consecutive day on Tuesday, the 30-share BSE index closed at a fresh closing peak of 53,823.36 points, a jump of 872.73 points or 1.65 per cent. During the day, it zoomed 937.35 points to 53,887.98 points.
Market leader Maruti Suzuki is putting finishing touches to its plan of finding its feet in what is being hailed as a battle of epic proportions in India's fastest-growing passenger vehicle segment, reports Arindam Majumder.
The dominance of Saurashtra's bowlers could be gauged from the fact that Himachal lost their first seven wickets for just 22 runs.
Only players like Fabien Allen and Billy Stanlake have been shown the door ahead of the upcoming season.
The only loss that table toppers Gujarat Titans suffered in IPL 2022 so far was against Sunrisers Hyderabad in their first round clash.
A Delhi court has come down heavily on the police for its 'lackadaisical attitude' in probing the 2020 riots cases and asked the Police Commissioner to take appropriate action ensuring proper, expeditious investigation into them.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Shikha Garg was on her way to attend a United Nations Environment Programme meeting.
"Under different scenarios, we see the impact of higher crude prices ranging from $25 billion to a maximum of $50 billion on the oil import bill. The increase in the oil import bill will also affect the current account deficit," economic affairs secretary S C Garg said in a conference on Friday.
Umran Malik's raw pace and Bhuvneshwar Kumar's consistency will be put to test against Dinesh Karthik's explosive batting and the finesse of Faf du Plessis when Sunrisers Hyderabad clash with Royal Challengers Bangalore.
Rohit to play Babasaheb Ambedkar...Soha twins with Kunal... Preity shares a throwback pic...
SRH and PBKS will go all out to snap the two crucial points to nose ahead in the race for play-offs.
Back to winning ways, a resurgent Sunrisers Hyderabad will be forced to tinker their successful combination following all-rounder Washington Sundar's injury as they face Kolkata Knight Riders.
The high court held it is not for the court to direct the governor or chief minister for the removal of a person who has committed a breach of oath.
The CBI said the software enables the user to save all required details to book Tatkal tickets beforehand.
Economic Affairs Secretary Subhash Garg is the finance ministry's primary liaison with the RBI.
'United Health Interface is in line with UPI. UPI is a language of money transfer, similarly, UHI is a set of protocols, which is going to create a language of health service delivery'
A summary of the first day's proceedings in the Ranji Trophy matches across the country.
Batting stalwarts Virat Kohli and Kane Williamson's woeful form will be in focus when Royal Challengers Bangalore and Sunrisers Hyderabad meet in a return IPL fixture at the Wankhede Stadium, in Mumbai, on Sunday.
Aman Garg, 17 Devansh Kaushik, 17 and Anmol Gupta, 18 share their success journey.
While Robin Uthappa had scored a fifty in one of the games, the likes of Moeen Ali and Ambati Rayudu have failed to capitalise on their starts.
Skipper Rishabh Pant (234 from nine games) showed glimpses of his destructive power but the team would want more from its skipper who is more than capable of hammering any attack into submission.
The Chandrakant Pandit-coached side lost opener Yash Dubey (9) cheaply after he was trapped in front of the wickets by pacer Mukesh Kumar (2/45).
Malik has been the find of the season as he outsmarted the top batters of the world with his brutal pace.
Tamore, who was roped in as replacement for the injured Aditya Tare, reposed the faith of the team management, and along with all-rounder Shams Mulani (50) frustrated the UP attack after play commenced late due to wet outfield.
A roundup of the Vijay Hazare Trophy one-day matches played on Tuesday.
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