The government must rein in its tax officers.
The head of International Cricket Council's Anti-Corruption Unit has categorically rejected suggestions it struck a deal to protect New Zealand captain Brendon McCullum from punishment for not reporting an alleged match-fixing approach in 2008.
British telecom giant Vodafone Group plc on Friday won an arbitration against the Indian government over a demand for Rs 22,100 crore in taxes using retrospective legislation.
'Appellants may not lap up the scheme because, first, to do so would amount to admission of guilt, and second, they may have smelled victory before higher appellate forums,' notes S Murlidharan.
Rediff reader Sanjay Yadav, 36 from Pune shares his message for Indian tourists.
At the close, New Zealand had amassed 584 for eight wickets, a lead of 288, thanks largely to a record seventh wicket partnership between Cairns and Oram.
The Cairn-ONGC-Videocon consortium had last month written to the petroleum ministry seeking a 57 per cent hike in the Ravva Satellite field gas price citing provision in the Production Sharing Contract for the field.
Top management of firms should be summoned for a few specified reasons and after written justification at a senior level.
Cairn India, which is the operator of the block with 70 per cent stake, does not have to pay any royalty. At $50 per barrel crude oil price, the royalty outgo over the entire life of the field would be Rs 16,209 crore (Rs 162.09 billion) -- Rs 4,862.7 crore (Rs 48.62 billion) on its share and Rs 11,346.3 crore (Rs 113.46 billion) on behalf Cairn.
In a most perverse example of tax bullying, someone I know has got by three such notices reopening his assessment minutes before the midnight deadline of June 30, reveals Debashis Basu.
Financial shares were among the top gainers with HDFC leading the gains.
The likes of Microsoft and Cohesity have offered crore plus salaries to some students.
The New Zealand all rounder is out after breaking a little finger at practice in Wellington.
China has not limited the 'battle' to the diplomatic field alone; the People's Liberation Army has become aggressive on the ground too. The recent 'fights' in Northern Sikkim and Ladakh are part of the pattern, asserts Claude Arpi.
Mayank Ashar, managing director and chief executive officer, Cair India, says the reform momentum should continue and the industry should do its part too.
Domestic deals were the flavour of the month as there were 20 such transactions worth $2.77 billion in June 2015.
AG is of the view that there is no point in dragging the matter further when it has already been "struck down" by one international forum, and also by the top Indian court.
'If we want to ensure this isn't a once-in-four-decade phenomenon, then we have to produce 1,800 players all the time, create infrastructure, so that we are constantly challenging at the top of the ladder.'
The broader NSE index has fallen about 0.9% as investors wait for corporate results
'It's something the ICC will have to weigh up in whether the tournament goes ahead. Will every team in the competition have the opportunity to prepare adequately for a World Cup? There are still a few teams that have to go through the qualifying process so I'm not sure how that will pan out.'
Chandigarh Lions set up a summit clash with Chennai Superstars after beating Delhi Jets by four wickets in the semi-final.
'It is my duty to give the govt the right price of crude oil.'
Eight children aged between 18 months and 15 years have been found stabbed to death inside a home in the Australian city of Cairns, prompting police to launch an investigation into the tragic incident.
Cairn India is 25th on the list with 22.2 per cent CGR.
The markets have reacted negatively, for example, to recent news that Cairn India, of which the Anil Agarwal group company Vedanta owns 60 per cent, will give a $1.25-billion loan (about Rs 7,500 crore) on notably easy terms to Sesa Sterlite, another Anil Agarwal group company.
Participants are eagerly waiting for the key macrodata -- IIP and CPI numbers due to be released later today.
The government has signed Bippas with 72 nations.
Oil and Natural Gas Corporation is likely to abandon the proposed Rs 8,000 crore (Rs 80 billion) refinery at Barmer in Rajasthan if Cairn Energy declines discounts on the low grade crude oil the UK company will produce in the state.
Chatfield had hoped to score a century before he retired but his highest was "50 something" in club cricket. He was dismissed for a golden duck in his final innings, although he said he did not want that innings reported.
The government has received three preliminary bids for buying of controlling stake in India's second-largest fuel retailer Bharat Petroleum Corporation Ltd (BPCL), Oil Minister Dharmendra Pradhan said on Wednesday. Mining-to-oil conglomerate Vedanta had on November 18 confirmed putting in an expression of interest (EoI) for buying the government's 52.98 per cent stake in BPCL. The other two bidders are said to be global funds, one of them being Apollo Global Management.
FM has agreed to dump an ill-conceived plan to slap a retrospective 20% levy on overseas asset managers
As many as 44 shareholders of Flipkart sold their holdings to Walmart. The income tax law requires the buyer to withhold tax while making payment to the sellers, in case they are not exempted from levy of capital gains tax.
5 things to look at when companies go for mergers and acquisitions.
Fleming knows how tough the Aussies are to beat following his team's experience at this year's World Cup.\n\n
Stephen Fleming smashed an unbeaten half-century to steer his side to an easy seven-wicket victory in the first one-day match.
State-owned Oil and Natural Gas Corporation is likely to win at least half of the 20 oil and gas block bids which closed on Tuesday.
All rounder Chris Cairns will end his Test career at Trent Bridge where the third and final Test starts on June 10.
Government has put on auction the gas discovery area it snatched from Reliance Industries in KG-D6 block and the field that Cairn India is seeking to regain around its Rajasthan block.
India-focused mining conglomerate Vedanta Resources reported 49 per cent growth in its core profits to $2.562 billion for the half year ended September 30, 2012, buoyed by earnings from subsidiary Cairn India.
