A key Congressional committee has confirmed the nomination of an Indian American counsel to the key post of US District Court judge for Washington, DC.
It is only a matter of time before India and China sign a bilateral trade pact, as there is too much at stake for the Asian giants to ignore each other, according to a Singapore-based advocate and solicitor.
The venture capital industry is optimistic about renewed investments this year, with focus shifting primarily to the green technology sector, a survey by global consultancy KPMG LLP said.
The Stayzilla episode raises questions over the regulations around the closure of a business, says Sudipto Dey.
Ponda is currently director of the firm's tax department, which is among the six finalist law firms nationwide for Chambers USA Awards for Excellence 2010 in Taxation Law.
Ankur Singla's Akosha is an Internet-based company that helps people tackle consumer complaints, draft rental agreements and wills, etc.. all from the comfort of their homes.
'Where will industry have funds when they open up?'
'If this first instalment of advance tax is paid by June 30, instead of June 15, then the interest on delayed payment will be levied at 0.75% per month instead of 1% per month,' notes Homi Mistry, a partner with Deloitte India.
President Barack Obama has nominated Rahul 'Richard' Verma, currently a partner with the top-notch international law firm in Washington,DC -- Steptoe & Johnson LLP -- as Assistant Secretary of State for Legislative Affairs, and sources told Rediff India Abroad that considering that he has been a much respected Congressional staffer, his confirmation process before the Senate Foreign Relations Committee in the coming weeks would be a shoo-in.
A law firm, Izard Nobel LLP, has initiated a lawsuit seeking class action status against the company in the United States District Court for the Eastern District of Michigan on behalf of its investors. The law firm said certain officers and directors of Caraco violated federal securities' laws and interests of the investors by giving misleading information on the business of the company. It has asked the investors to join the suit before September 15 to claim their damages.
As a board member, he will help USIBC provide strategic direction to US and Indian firms seeking bilateral investment opportunities and partnerships.
From 100% tax deductions for contributions to PM-CARES fund to extending the due date for linking Aadhar and PAN card, the government has provided various tax relief and extensions in deadlines for statutory compliances, says Homi Mistry.
Trust today means more than the belief that a brands' products will work as advertised; consumers want to believe that the company truly cares for its customers.
Liverpool's parent company, owned by Americans Tom Hicks and George Gillett, made a loss of 42.6 million pounds last year mainly due to interest payments to service the debt taken out to buy the club.
This would make him the highest-ranking Indian American ever in the US Department of State. Over a month ago, Verma was appointed as one of the leads of the Agency Review Team overseeing the US Department of Defence for President-elect Barack Obama's Transition.
Born to Zerin Rao anchooling fd Jehangir Narioshang Rao, both Parsi physicians from India, Rao grew up in Michigan and did her srom Detroit High School. She is married to Alan Lefkowitz and the couple has two children.
The court ruled that an interim debt order in favour of SBI and other banks seeking access to funds in the Mallya's ICICI UK bank account "should remain in force" but the application to make it final should be adjourned until after the hearing of his pending bankruptcy petition.
Rahul 'Richard'Verma, a partner with the top-notch international law firm in Washington, DC -- Steptoe & Johnson LLP -- who, until recently was the highest-ranking Indian American Congressional aide on Capitol Hill, has been appointed to the Commission on the Prevention of Weapons of Mass Destruction Proliferation and Terrorism.
Vadra's interim protection from arrest was extended till April 1.
Rahul 'Richard' Verma has been appointed to the Commission on the Prevention of Weapons of Mass Destruction Proliferation and Terrorism. Verma, a partner with the international law firm Steptoe & Johnson LLP, based in Washington, DC, was until recently the high-ranking Indian-American Congressional aide on Capitol Hill.
The proposed move to withdraw the DDT would help encourage investments by addressing multiple taxation of income and bringing down the effective tax rate on companies, which is among the highest in the world.
The 'mystery' of the education business sale by Cox & Kings is part of an Enforcement Directorate investigation, which is also examining the siphoning-off of funds to the tune of Rs 21,000 crore to dozens of so-called related-parties, highlighted by the forensic auditor.
The suit was filed on behalf of purchasers of Satyam's ADRs between January 6, 2004 through January 6, 2009. Price Waterhouse, the Indian unit of the global audit major, has been maintaining that it followed all the standard accounting principles while auditing the books of Satyam Computers. However, it also said that its auditing on Satyam could be construed invalid if the statements made by Raju in his admission letter on January 7 about the fraud were correct.
In addition to challenges such as reining in non-performing assets (NPAs) and boosting profits, Chaudhry will have to repair the bank's reputation, build internal controls, and improve regulatory relations.
Asked about the specific damages sought in the lawsuit, law firm Vianale & Vianale LLP's counsel Keneth J Vianale said that the sum duped could be in hundreds of millions of dollars. After the scandal was revealed, trading in Satyam shares was halted by the NYSE on January 7 and the stock exchange has said that it is assessing whether the firm deserves to stay on the bourses.
Summary of sports events and persons who made news on Monday
The move followed after certain startups complained about facing harassment and the taxman breathing down their neck on the angel tax issue.
As many as 14 central government services have already been integrated with the e-biz portal.
An Indian-American legal professional has been appointed the Deputy Treasurer for the Policy and Programmes of Illinois, making him the highest-ranking South Asian to serve the state administration. Raja Krishnamoorthi, 34, is currently a partner specialising in commercial litigation at Kirkland and Ellis LLP, the 1,000-attorney global law firm based in Chicago. Krishnamoorthi is the first person of South Asian descent to achieve the deputy level in the Illinois government.
'We will teach horse riding and swimming to our children. But when it comes to dealing with emotions, none of the parents or teachers will ask the child: "How are you feeling today?"'
Tatas have joined hands with state refiner Indian Oil and exploration firm Oil India Ltd to consider bidding for acquiring Caspian Energy Group LLP's (CEG) interest in an Azerbaijan oil field.Tata Petrodyne Ltd, a wholly-owned subsidiary of Tata Sons, has joined the IOC-OIL combine to make a bid to buy CEG's 51 per cent stake in the Shivran Oil Operating Company that runs the Kyurovdag oil field in Azerbaijan, industry sources said.
Large number of buyers has put purchases on hold because of a combination of factors, including high fuel prices, higher insurance cost, and firm interest rates.
Analysts believe the GST could boost India's economic growth by up to 2 percentage points
ONGC Videsh Ltd, overseas arm of state-run Oil and Natural Gas Corporation, is likely to bid over $300 million to buy Caspian Energy Group LLP's interest in an Azerbaijan oil field.
If the spouse is the guarantor of husband's business loans, banks can hold her liable for default. Here are ways to ring-fence her assets.
Asian vehicle brands, including Indian, will increase their global market share significantly in the next five years as customers shift their preferences from North American and European manufacturers, according to a new survey.
ONGC Videsh Ltd, the overseas arm of state-run Oil and Natural Gas Corporation (ONGC), is getting ready to bid for an oil field in Azerbaijan.
PE players seal over $737 mn deals in February: Thornton.
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