Vodafone is facing tax liability over its $11 billion acquisition of a 67 per cent stake in the mobile-phone business owned by Hutchison Whampoa in 2007.
The Indian contingent said it had not lodged a formal protest with the Court of Arbitration for Sports over boxer Vikas Krishan's ouster from the Olympics 69kg bout though it had an earlier stated that it had a sent an appeal letter to the world sports' top tribunal.
Kishore Biyani-led Future Retail Ltd (FRL) on Thursday told the Delhi high court that Amazon was opposing the Rs 24,713 crore deal with Reliance as the Mukesh Ambani company was a competitor, a contention denied by the US-based e-commerce giant which said it was interested in salvaging FRL. FRL contended before a bench of Chief Justice D N Patel and Justice Jyoti Singh that Amazon was not concerned if the deal falls through then all the shops of the Indian company would be closed down and it's more than 25,000 employees would be without any livelihood. Senior advocate Harish Salve, appearing for FRL, told the court that the US-based e-commerce giant was only concerned that the Mukesh Ambani group company should not get the shops as they are a competitor of Amazon.
Pakistan fast bowler Muhammad Asif has filed an appeal against his five-year ban by the ICC with the Court of Arbitration for Sport (CAS) in Switzerland.
Ryan Napoleon has been re-instated in the Australian swimming team for the Commonwealth Games after sport's top tribunal back-dated his three-month ban for a doping offence.
Pakistan cricketers Salman Butt and Mohammad Amir have filed appeals against their bans with the Court of Arbitration of Sport (CAS) in Switzerland.
The doping suspension of Croatian tennis player Marin Cilic has reportedly been reduced from nine months to four months by the Court of Arbitration for Sport (CAS), making him eligible to return to playing from October 26 this year.
Disgraced former FIFA president Sepp Blatter has pledged to accept the verdict as he made his final appeal before the Court of Arbitration for Sport (CAS) against his six-year ban from all football-related activities.
'Even though the hormonal drugs made me feel constantly sick, the IAAF now wants to enforce even stricter thresholds with unknown health consequences. I will not allow the IAAF to use me and my body again'
The Tatas have the know-how to quickly close deals which can otherwise get caught in legal wrangle. In 2018, on the day the National Company Law Tribunal declared Tata Steel as the winner of the bid for bankrupt Bhushan Steel, Bhushan promoter Neeraj Singhal was planning to file for a stay order. He did get the case listed for the following day, but the judge did not admit it, deferring it until the following week. The Tatas used the narrow window of 48 hours to close the deal and take control of the company.
The administrator of the Tennis Anti-Doping Programme denied it had sought a four-year ban for the former world number one and, in a statement, rejected suggestions by the Russian that its independent tribunal was "not neutral"
In anticipation of a verdict to be delivered by the International Tribunal of the Permanent Court of Arbitration in The Hague on Tuesday, China has orchestrated a worldwide campaign to defuse its findings.
Currently, industries with up to 100 workers were allowed to do this.
Pakistan fast bowler Mohammad Asif has joined Salman Butt and Mohammad Amir in filing an appeal against his ban with the Court of Arbitration for Sport (CAS) in Switzerland.
Amid the South China Sea tensions, Chinese military on Saturday kicked off large scale military exercises pressing troops from the five theatre commands of the People's Liberation Army simulating real battle conditions.
Cash-strapped telco Vodafone Idea's proposal for investment of up to Rs 15,000 crore through foreign direct investment (FDI) has been approved by the Union government, according to officials. A top-level group, comprising representatives from the ministries of home affairs, external affairs, finance and commerce and industry, took the decision. The nod, which is an enabling provision, would help the financially-stressed company raise funds to pay up some of its dues linked to adjusted gross revenue (AGR), reduce debts and use the money for operational expenses.
Representatives of the British telecom company on Friday met senior finance ministry officials, in search of an amicable solution.
The verdict in Maria Sharapova's appeal against a two-year doping ban will be announced by the Court of Arbitration for Sport (CAS) on Tuesday.
The Court of Arbitration for Sport has cleared the way for former Olympic swimming champion Park Tae-hwan to compete at the Rio Games after upholding his appeal against a Korean Olympic Committee doping ban, Yonhap news reported on Friday.
The Court of Arbitration for Sport will rule in the first week of October on five-times grand slam champion Maria Sharapova's appeal against a two-year tennis ban, the sports tribunal said on Tuesday. The 29-year-old Russian was banned by the International Tennis Federation (ITF) in June following a positive test for the banned drug meldonium during January's Australian Open.
According to new proposal for amendements in the labour law, a worker will be allowed to object to being laid off within three years, against no clear period specified in the law now.
Five-time Grand Slam champion Maria Sharapova is putting her time away from tennis to good use.
West Indies all-rounder Andre Russell was banned on Tuesday for one year for a doping whereabouts rule violation.
This issue was raised in the Lok Sabha by BJD member Bhartruhari Mahtab who said Chand has the potential to win a gold medal in Olympics and government must help her in the case.
Pakistan's provisional squad for the World Cup in the West Indies also included Shabbir Ahmed who last month completed a 12-month ban for having an illegal bowling action.
Future Retail's (FRL's) independent directors have written a second letter to the Competition Commission of India (CCI), stating American e-commerce major Amazon never intended to invest in Future Coupons (FCPL) and the representations made by the US e-commerce player were completely opposite and contradictory to their own internal correspondences as submitted before courts. The directors also wrote to CCI that Amazon has obtained approval by making deliberate misrepresentations. By actively misleading the CCI and the regulator, it has to revoke the approval granted for Amazon's investment in FCPL.
Russian former world number one Maria Sharapova was suspended for two years by the International Tennis Federation on Wednesday following her positive test for banned drug meldonium at this year's Australian Open.
Chadha got 120 votes, the highest in the Asia Pacific group
The Court of Arbitration for Sport (CAS) on Tuesday reduced by nine months former world number one tennis player Maria Sharapova's two-year doping ban.
Russia's disabled athletes will not be allowed to compete as neutrals at this month's Rio de Janeiro Paralympics after their country was banned because of a state-sponsored sports doping programme. The International Paralympic Committee (IPC) said in a statement on Thursday it had rejected more than 175 Russian athletes who filed individual cases to try to take part in the Brazil event. "The International Paralympic Committee ... will not allow individual Russian athletes to participate as neutral athletes at the Rio Games", the organisation said on its website (www.paralympic.org).
'The kind of tax which will be generated from the second pillar may far outweigh what we may be losing in the first pillar.'
The company moved the income-tax appellate tribunal and its appeal is pending there.
Serbia's Viktor Troicki's suspension for violating doping regulations has been cut from 18 months to 12 months after his appeal was heard by the Court of Arbitration for Sport (CAS), it was announced on Tuesday.
The Supreme Court had ruled in Vodafone's favour in 2012.
The pandemic has brutally highlighted the inadequacy of India's administrative systems. And, the government has demonstrated its culpable inability to speed up vaccination in a timely manner, says Jaimini Bhagwati.
To decide whether capital gains on surrender of call options are taxable
A look at the 10 cricketers who were punished for drug related offences.
The relationship between the Singh brothers, erstwhile promoters of Fortis Healthcare, went sour after allegations of fund diversion from the healthcare chain emerged.
TDSAT had stated no amount was payable till resolution of the disputes.
Semenya is confident she can make the switch after clocking a personal best of 23.49 in 200m to move closer to the 22.80 time needed to qualify for Tokyo. Semenya says she has a long history in the 200m and had it not been for a lack of coaching in South Africa's rural Limpopo province, she might have made a career out of the distance.
