'When Vinesh returns, we will welcome her like a gold medallist.'
The British mobile phone operator was widely expected to go for an international arbitration after its talks with the Indian government failed to find a solution last year.
Britain's Cairn Energy has secured a French court order to seize 20 Indian govt properties to recover arbitration award, it is learnt.
Thomas Bach on Friday said he has a "certain understanding" for Vinesh Phogat but also wondered where would one draw the line after allowing small concessions in certain situations.
Telenor 'yet again surprised', says will challenge order in a higher court
Cairn Energy and Air India have jointly asked a New York federal court to stay further proceedings in the British firm's US lawsuit targeting the airline for enforcement of a $1.2-billion arbitral award. The move follows the government enacting a law to scrap retrospective taxation in the country, which in effect will result in withdrawal of the Rs 10,247 crore tax demand on Cairn, according to court documents reviewed by PTI. The British company had won an international arbitration award against levy of such taxes and sought to take over Air India assets when the government refused to honour the award and pay it $1.2 billion-plus interest and penalty.
Two-time Olympic medallist PV Sindhu and HS Prannoy have been handed relatively easy groups for the Paris Games, which begin on July 26.
The 30-year-old, who won Olympic gold at the Rio Olympics in 2016, will miss this year's Olympic Games in Paris.
IOA president PT Usha made it clear that it is the responsibility of the athlete to manage their weight and the attack on its medical team.
The government, however, amended the tax laws with retrospective effect to undo the Supreme Court judgement and claim taxes.
The Delhi high court has rejected a government challenge to an arbitration panel award that had ruled in favour of Reliance Industries Ltd in a dispute over gas migration from fields operated by state-owned ONGC in the KG basin. The government had slapped a provisional penalty of $1.55 billion on Reliance for "unjust enrichment" from gas migrating from the ONGC-operated KG-D5 block to the private firm's adjoining KG-D6 area. It had sought $175 million in additional profit petroleum from Reliance and its UK partner BP Plc.
In February, the Supreme Court had cancelled 122 telecom licences. Many of these belonged to foreign companies or companies with foreign investors.
West Ham United will know later on Friday whether Andy Carroll will have to complete a three-match suspension after the English FA agreed to an arbitration hearing following a failed appeal against his red card in a Premier League match last week.
The Supreme Court junks technicalities in international arbitration agreements.
India on Thursday said it cannot be compelled to participate in "illegal" proceedings at the Permanent Court of Arbitration over the Kishenganga and Ratle hydropower projects in Kashmir after The Hague-based tribunal ruled that it has the "competence" to consider the dispute between New Delhi and Islamabad on the matter.
The Supreme Court made it clear on Thursday it will not allow stalling of the arbitral proceedings pending before the Singapore International Arbitration Centre (SIAC) pertaining to the ongoing legal tussle between US e-commerce major Amazon and the Future Group, saying the sanctity of such proceedings needed to be maintained. "You (Future group and others) cannot keep stultifying the proceeding before the arbitral tribunal and this is just a ploy to delay the proceeding. "These are all ploys by well-heeled parties to delay the arbitration proceeding.
Vinesh's appeal against her disqualification was also rejected by the ad-hoc division of the Court of Arbitration for Sport (CAS).
In a major victory for Tatas, an arbitral tribunal has awarded Tata Motors a compensation of over Rs 766 crore for the losses incurred because of protests by Trinamool Congress that stalled its small car project at Singur in West Bengal. The tribunal asked the West Bengal government to pay Tata Motors the compensation, along with interest, according to a stock exchange filing by the Mumbai-based auto major on Monday. The company stated that the arbitral tribunal has asked the West Bengal Industrial Development Corp (WBIDC) to pay the company Rs 766 crore compensation, in connection with losses incurred on its manufacturing site in Singur.
Vinesh Phogat received a grand welcome on her return to the country with hundreds of supporters gathering outside the Indira Gandhi International Airport.
Bhagat is suspended from all badminton-related activities until September 1, 2025. As a result, he won't have the opportunity to defend his title and will miss the marquee event in Paris.
Recently, the government had appointed former Chief Justice of India R C Lahoti as arbitrator in the tax dispute case.
Legendary Indian men's hockey team goalkeeper PR Sreejesh believes that Vinesh Phogat deserves a medal after reaching the final of the women's 50kg wrestling competition in Paris
Wrestler Aman Sehrawat added to India's medal tally at the Olympics, winning the bronze in the men's 57kg Freestyle in Paris on Friday. He defeated Puerto Rico's Darian Cruz 13-5.
Nadeem clinched the gold medal with a stunning Olympic record throw of 92.97m while defending champion Chopra took the silver
During hearing of the dispute over supply of gas by RIL to RNRL at $2.34 per mmBtu, the bench headed by chief justice K G Balakrishnan said the two parties could arrive at a 'suitable arrangement' through arbitration, as the Bombay high court that approved the Reliance empire's demerger cannot spell what is the ideal arrangement.
Courts in five countries including the US and the UK have given recognition to an arbitration award that asked India to return $1.4 billion to Cairn Energy plc - a step that now opens the possibility of the British firm seizing Indian assets in those countries if New Delhi does not pay, sources said. Cairn Energy had moved courts in nine countries to enforce its $1.4 billion arbitral award against India, which the company won after a dispute with the country's revenue authority over a retroactively applied capital gains tax. Of these, the December 21 award from a three-member tribunal at the Permanent Court of Arbitration in the Netherlands has been recognised and confirmed by courts in the US, the UK, Netherlands, Canada and France, three people with knowledge of the matter said.
The genesis of the arbitration lies in a bitter public battle that began in July when Rakesh Gangwal wrote to capital market regulator Sebi alleging lack of corporate governance in the company. He alleged that Rahul Bhatia, who holds controlling power of the company, had used it to execute questionable related-party transactions.
If CAS rules in Vinesh's favour, she will be awarded a joint-silver in the women's 50kg freestyle category.
The Delhi high court has directed SpiceJet to deposit "forthwith" Rs 75 crore that has to be paid to media baron Kalanidhi Maran and his Kal Airways towards interest on an arbitral award of Rs 578 crore. The high court said, admittedly, there is no modification of the February 13, 2023 order passed by the Supreme Court in the case, and hence it needs to be followed. "Since the judgment debtor (SpiceJet) had failed to pay an amount of Rs 75 crores to decree holder (Maran and Kal Airways), hence in terms of para 15 (ii) of the order dated February 13, 2023 of the Supreme Court, there is no other alternative except to call upon the judgment debtors to deposit the entire outstanding amount qua interest forthwith, thus is so directed.
Former Australian judge Michael McHugh, who was appointed by Supreme Court to adjudicate on Reliance Industries' KG-D6 dispute, had slammed the government interpretation of his statements before quitting the tribunal.
From bitter fights to dope shame, Indian Olympic team's tryst with controversies
The Airbus A330-343 aircraft, scheduled to depart from the Colombo airport to Moscow on June 2 with 191 passengers and 13 crew members, was not allowed as the owner of the aircraft -- Celestial Aviation of Ireland -- had filed a case against Aeroflot, pending arbitration on the lease of the aircraft in London.
From Rafale relief to heat on realtors, 10 landmark Supreme Court judgments in 2018.
The Supreme Court on Friday refused to pass any order on a plea alleging that former IPL commissioner Lalit Modi made "scurrilous" remarks against former attorney general and senior advocate Mukul Rohatgi in a social media post.
Saturday's Quad meeting in Delaware is taking place against the backdrop of China's assertive behaviour in the South China Sea, its sabre-rattling in the Taiwan Strait and increasing footprints in the Pacific and Indian Ocean, asserts Rup Narayan Das.
Under the India-South Korea Bipa, a party can drag the other to international arbitration if its investments are threatened.
Former Commonwealth Games gold-medallist Narsingh Pancham Yadav was elected chairman of the Wrestling Federation of India's Athletes' Commission in Varanasi on Wednesday, completing a process that was mandated by the sport's world governing body.
Polaris Software Lab Ltd's board on Monday recommended initiating 'arbitration proceedings' in Singapore to resolve the commercial disputes with Bank Artha Graha.
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