The Nizam's descendants, Prince Mukarram Jah -- the titular eighth Nizam of Hyderabad -- and his younger brother Muffakham Jah, joined hands with the Indian government in the legal battle against Pakistan for possession of over around 35 million pounds lying with NatWest Bank plc in London.
The RBI has cited corporate governance and regulatory issues for not extending Kapoor's term. Further, the lender has been directed to search for a successor.
The banks also received a warning from the rating agency Care, in February 2016, after Firestar's financials deteriorated.
Judge Andrew Henshaw refused to overturn a worldwide order freezing Mallya's assets and upheld an Indian court's ruling that a consortium of 13 Indian banks were entitled to recover funds amounting to nearly $1.55 billion.
Faced with rising gas prices, consumers will opt for fuel-efficient low-cost cars and hybrids over the next five years rather than sport utility vehicles and luxury cars
Domestic deals were the flavour of the month as there were 20 such transactions worth $2.77 billion in June 2015.
Sports Minister Sarbananda Sonowal welcomed the Court of Arbitration for Sport's decision that allowed Indian sprinter Dutee Chand to resume her career, which was brought to a halt owing to IAAF Regulation on Hyperandrogenism.
The nine-member jury found in an Oakland, California court on Wednesday that the TCS did not have a "pattern or practice" of intentionally discriminating against non-South Asian workers due to their race or national origin.
'Genuine' share transfer gets relief; CBDT lists three scenarios where tax would be levied
Sri Srinivasan could become the first Indian-American to be on the bench of the US Supreme Court.
'There is a huge tax differential of 15% to 20% depending on income classification.'
India's fifth largest software services firm Tech Mahindra will acquire global network services firm Lightbridge Communications Corporation (LCC) in an all-cash deal worth $240 million (over Rs 1,486 crore).
The case relates to allegations of money laundering in the purchase of a London-based property -- located at 12, Bryanston Square -- worth 1.9 million pounds, which is allegedly owned by Vadra.
'The appellant (Mallya) has five business days to apply for oral consideration. If a renewal application is made, it will be listed before a high court judge and dealt with at a hearing,' a spokesperson for the UK judiciary said.
Special Judge Arvind Kumar also directed him not to tamper with the evidence or influence witnesses and join the investigation as and when called by the investigating officer.
The Budget has changed the rules for Indian citizens and persons of Indian origin visiting India. Instead of 182 days, the number of days has been reduced to 120. You will be treated as a resident of India for tax purposes if you stay in the country for more than 120 days in a financial year and 365 days in the past four years. One consequence of the change will be that people of Indian origin who reside outside India will be able to spend a smaller number of days in the country if they wish to keep their non-resident status intact, points out Sanjay Kumar Singh.
This will bring down capital gains especially in case of property transactions.
A special Prevention of Money Laundering Act court on Wednesday issued a non-bailable warrant against Pankaj Bhujbal.
BlackBerry has signed a letter of intent agreement under which a consortium to be led by Fairfax Financial Holdings Limited has offered to acquire the company subject to due diligence, it said in a statement.
Dealmakers and advisors feel investors are shifting their focus to Asia Pacific, especially India, owing to geopolitical instability driven by events such as Brexit and protectionist trade wars.
'A bold, progressive step forward,' Kotak Mahindra Bank CEO Uday Kotak said of Nirmala Sitharaman's corporate tax breaks.
Vadra is expected to be questioned again on either Friday or Saturday.
Under the ambit of probe is how former exec Eric Alexander obtained medical records of woman who was raped by an Uber driver in Delhi in 2014
The so-called soil scam has left Lalu alone in the Mahagathbandhan.
Enforcement Directorate alleged that he was not cooperating and sought his custodial interrogation.
'Many of the challenges of investing in commercial real estate get taken care of when an investor takes the Reit route,' points out Suraj Nangia.
Legal experts fear such shareholder activism could turn into a class-action suit against Infosys
In the past five years, the US has seen nearly two dozen Bills on employment visas introduced without success. But this time it is different, industry sources tell Ayan Pramanik.
Hong Kong will host the 2022 Gay Games, fighting off bids from cities in the United States and Mexico to become the first Asian city to stage the sports and cultural event.
Before buying property, please carefully study the agreement with the builder, advises Sanjay Kumar Singh.
So far this year, there have been 76 private equity investments in India
Currently there is no standard ideal debt to equity ratio.
The CBDT asks ministry of corporate affairs not to oppose its application to restore the companies struck off by the Registrar of Companies, as it would prevent the board from launching tax recovery proceedings against them.
The govt could allow start-ups and e-commerce cos to appropriate initial brand building expenses over several years for accounting benefits
Como Stocks & Properties is into property development.
Reliance Jio to take over mobile business assets of troubled RCom at an estimated value of Rs 24,000-Rs 25,000 crore.
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