The ongoing inquiry into the crash was told that the government was not keen on the inquiry on the grounds that a criminal case was going on in parallel, and also due to worries over lawsuits filed by the families of victims of the Kanishka bombing.
Cairn has already taken steps to have the arbitration award recognised in nine major jurisdictions such as the US, UK, France, the Netherlands, Singapore and Canada's Quebec province, where Indian sovereign assets have been identified. It hasn't said what it might go after but assets could include Air India's planes, vessels belonging to the Shipping Corporation of India and property owned by state banks.
Only 30 flights per week will operate between India and the UK when services resume from January 8 and this arrangement will continue till January 23, Aviation Minister Hardeep Singh Puri had said on Friday.
Britain's Cairn Energy Plc has dropped lawsuits against the Indian government and its entities in the US and other places and is in the final stages of withdrawing cases in Paris and the Netherlands to get back about Rs 7,900 crore that were collected from it to enforce a retrospective tax demand. As part of the settlement reached with the government to the seven-year old dispute over levy of back taxes, the company - which is now known as Capricorn Energy PLC - has initiated proceedings to withdraw lawsuits it had filed in several jurisdictions to enforce an international arbitration award which had overturned levy of Rs 10,247 crore retrospective taxes and ordered India to refund the money already collected. Two sources with direct knowledge of the matter said Cairn on November 26 withdrew the lawsuit it had brought in Mauritius for recognition of the arbitration award and took similar measures in courts in Singapore, the UK and Canada.
The government will use the Supreme Court order calling the 2005 deal between ISRO's commercial arm Antrix and privately-owned Devas Multimedia a fraud, to counter seizure of its properties, Finance Minister Nirmala Sitharaman said on Tuesday as she launched a blistering attack on the Congress for handing over airwaves used by the defence to the private firm for pittance. "It is a fraud of Congress, by Congress (and) for Congress," the minister told reporters as she read out paragraphs from the Supreme Court's January 17 decision allowing winding up of Devas Multimedia because of the fraud.
Valieva dominates the ice despite doping scandal
Maybe Modi could ask a patriarch of the stature of the late G D Birla to flesh out the details of a new company to manage government land privatisation.
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.
All the top action from Day 8 of the 2022 Winter Olympic Games in Beijing on Saturday.
One in five Indian students now prefer new and unconventional study destinations like Ireland, Turkey and Spain. The number of Indian students in Germany grew by 20.85 per cent in the winter semester to stand at over 25,000.
"We have intelligence from multiple sources including our alliance and our own intelligence and the evidence indicate that the plane was shot down by an Iranian surface to air missile. This may have been unintentional," Trudeau said during a conference. The Boeing 737 jet with 176 people on board including 63 Canadians crashed minutes after taking off from Tehran on Wednesday morning.
United, American snap code share deals, in compliance with US regulator's ruling
The move came as the Pakistan government decided to curtail the space given by the press to jailed politicians like Pakistan's former prime minister Nawaz Sharif and Zardari.
Trump abruptly rejected the text of the consensus statement and bitterly insulted Canadian PM Trudeau.
A yellow minibus carrying Nepal and Afghan security guards was hit by a suicide bomber in the Banae area, PD9 Kabul city at around 5.40 am.
Here's what you need to know about the Tokyo Games
Britain's Cairn Energy has secured a French court order to seize 20 Indian govt properties to recover arbitration award, it is learnt.
I don't feel that as a G7 it properly represents what's going on in the world. It's a very outdated group of countries.
Leylah Fernandez's storybook US Open continued with yet another upset on Thursday, as the Canadian teenager shocked second seed Aryna Sabalenka 7-6(3), 4-6, 6-4 to reach her first Grand Slam final.
'I definitely think it's the time to just switch off from any future thoughts or any plans, any schedule. I've got absolutely no clue. Right now, no care in the world, I'm just loving life.'
'They're just trying to shove us on the court because we're qualifiers'
These 25 people include the 20 who were found positive with the mutated strain on Tuesday and Wednesday.
Organisers played a wrong national anthem for Moldova ahead of their tie against Belgium in Sydney. Denis Shapovalov won the battle of the next generation against Greek Stefanos Tsitsipas to help Canada to an emphatic 3-0 victory in the inaugural ATP Cup men's team event in Brisbane on Friday.
Though no peripheral burning is taking place at the moment at the well's site at Baghjan, the company has declared an area up to 1.5 km radius as "red zone" to avoid any untoward incident and harm to the general public.
A number of countries like Canada, Turkey, Belgium, Italy and Israel have banned flights from the UK as the British government warned that the potent new strain of the virus was "out of control" and imposed a stringent new stay-at-home lockdown from Sunday.
All you need to know about intakes, proficiency tests and visas.
37-year-old Hassan Al Kontar has finally been granted asylum in Canada where he will begin his new life.
Meanwhile, Malik has initiated a lawsuit in Supreme Court in an attempt to reclaim his position as a director on\nthe Khalsa Credit Union.
'Even if we ate our chappatis with pickle, we ensured proper food for Sumit.'
A round-up of Tuesday's action in the UEFA Champions League.
"The Sussexes will not use their HRH titles as they are no longer working members of the Royal Family. The Duke and Duchess of Sussex have shared their wish to repay Sovereign Grant expenditure for the refurbishment of Frogmore Cottage (believed to be 2.4 million), which will remain their United Kingdom family home," a statement from the Buckingham Palace read.
On Tuesday, Trudeau called up United States President Barack Obama to convey that he would make good on a campaign promise to withdraw Canada's jets from the United States-led bombing campaign against the Islamic State in Iraq and Syria.
'Those 10 years in the IAF has made me what I am today.'
The government on Tuesday confirmed that a French court has ordered the freezing of certain Indian assets in Paris on a petition by Britain's Cairn Energy, which is seeking to recover $1.72 billion from New Delhi after winning an arbitration against retro tax. Minister of State for Finance Pankaj Chaudhary in a written reply to a question in the Rajya Sabha said the government has filed an appeal against an international arbitration tribunal overturning levy of Rs 10,247 crore in back taxes on Cairn Energy. "Yes sir, an order has been passed by a French Court freezing certain Indian government properties in the case pertaining to Cairn Energy," he said.
Cross-country skier Johaug to call time on Olympic career after Sunday's 30km.
The US has also urged the two South Asian neighbours to avoid further military action.
The levy of retrospective tax on the UK's Cairn Energy Plc is a tale of bizarre twists and turns that saw its attached shares being sold in May 2018 amid the passing of the baton from a full-time finance minister to interim one and the talks at the highest level to resolve the dispute, to claims that levy of back taxes was a result of an investigation into Panama Papers leak. The government late last month refunded about Rs 7,900 crore it had collected from selling residual shares of the British firm in its erstwhile India unit, seizing dividend and withholding tax refunds, to settle an eight-year-old dispute that had tarred the country's reputation as an investment destination. But, this did not come about easily. For seven years, the establishment vehemently justified in courts and outside seeking of Rs 10,247 crore in back taxes plus interest and penalty from a firm that gave India its biggest onshore oil discovery.
These include the 25 cases which were announced till Thursday. "All the 29 persons are in physical isolation in health facilities," an official said.
The BCCI will not stop veteran leg-spinner Pravin Tambe from playing for Trinbago Knight Riders in the Caribbean Premier League as it has been confirmed that he has officially retired, albeit second time having withdrawn on the first occasion. The 48-year-old Tambe is set to become first Indian player to play in the CPL. As per BCCI rules, he is now eligible having announced his retirement from all forms of cricket.
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