The Indian State's arbitrariness may have come to be accepted with resignation within the country, but when it behaves in the same manner with external players, it gets a push-back, observes T N Ninan.
China released a white paper against the UN-backed tribunal's verdict, insisting that Beijing has claims over the strategic region for 2,000 years.
Sebi allowed the deal with some riders, five months after it was announced last August.
Russia were scheduled to host Poland in a men's World Cup qualifying playoff on March 24, with the winners set to play Sweden or the Czech Republic five days later. All three teams had refused to play against Russia.
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.
Future Retail's independent directors had last week asked Amazon if it was willing to give a long-term loan to avoid default on repayment of Rs 3,500 crore loan due on January 29. Amazon replied to that saying it was willing to financially assist Future Retail through the Samara Capital deal but the retailer must shelve Rs 24,713 crore deal with the Reliance group.
On Wednesday, Daiichi Sankyo's lawyers argued for a stay on stake sale by Fortis, which was opposed by counsels of the hospital chain and promoter entities.
Former West Bengal Governor Jagdeep Dhankhar was on Thursday sworn in as the 14th Vice President of India.
In a letter to the Prime Minister, the Women of Big Bazaar SOS group said: "Future Retail and Reliance had entered into an arrangement through which Future's retail stores will continue to be operated by Reliance. Reliance has also committed to clear all debts and dues owed by Future Retail to suppliers and vendors."
Justice Manmohan Singh ordered the grounded carrier to pay Rs 28,95,000 to its former pilot, Captain Dinesh Kant Sharma, on his plea seeking payment of his salary for the notice period of five months.
Vodafone further said it has "always been confident" that no tax is due on the company. The government in August enacted a law to end all retrospective taxation imposed on indirect transfer of Indian assets. The rules under the law seek to withdraw tax demands made using a 2012 retrospective legislation to tax the indirect transfer of Indian assets and also refund the amount paid in these cases without any interest. Asked if the company has filed an application with the Indian government to settle the retrospective tax dispute, a Vodafone spokesperson said, "We can confirm we have filed an application".
The Europa League champions were sanctioned in February for breaching rules regarding the international transfer and registration of players under 18. They were also fined 600,000 Swiss francs ($603,864.73).
An Australian court has found in favour of Dutch driver Giedo van der Garde in his bid to force the Sauber Formula One team to let him drive for them this season.
Maran had sought attachment of SpiceJet promoter Ajay Singh's shares by an administrator unless the payment was made.
A three-day hearing of the Court of Arbitration for Sport (CAS), held over video-conference, concluded on Wednesday and the Lausanne-based court said they would now begin deliberations.
British Olympic 4x100m relay silver medallist Chijindu Ujah's B-sample has also confirmed an Adverse Analytical Finding (AAF) and his case will be referred to the Court of Arbitration for Sport, the International Testing Agency (ITA) said on Tuesday.
the SC said, "We want that adequate compensation be paid to the victims' family".
Russia's bid to host the Euro 2028 or the Euro 2032 tournaments have also been declared ineligible, the Switzerland-based governing body said.
The order in favour of Vodafone is being considered significant because some domestic companies too are involved in similar transfer pricing cases.
Russian figure skater Kamila Valieva will be allowed to compete in the women's singles in figure skating at the Beijing Olympics after a decision by sport's top court on Monday.
In a fresh twist in the fight to gain supremacy in the Indian retail market, billionaire Mukesh Ambani's Reliance Retail has slapped notices on Future Retail for terminating sub-leases of 950 stores it had taken over previously. In stock exchange filings, the Kishore Biyani-led debt-laded Future Group firms said they have been served notices to terminate the lease of 835 Future Retail stores and 112 Future Lifestyle stores. Last month, Reliance Retail had taken over store spaces for which the Future Group couldn't pay lease rent. These were then sub-let to the Future Group for operation.
Chijindu Ujah has been provisionally suspended since Ostarine and S-23 -- both substances prohibited by world anti-doping organisation WADA -- were detected in his A and B samples following the final.
Nigerian sprinter Blessing Okagbare has been banned for 10 years for doping in the lead-up to the Tokyo Olympics and refusing to co-operate with the investigation.
Richardson was banned last year for a month for testing positive for cannabis
The government on Wednesday cleared two ordinances for speedy settlement of commercial disputes in the country, giving a fresh impetus to ease of doing business.
CAS in 2016 dismissed an appeal against the WADA ban by the three cyclists -- Kirill Sveshnikov, Dmitry Strakhov and Dmitry Sokolov.
Listed companies of the Kishore Biyani-led Future group on Saturday informed exchanges about meetings of their respective shareholders and creditors being convened on April 20 and 21 to get their approval for the Rs 24,713-crore deal with Reliance Retail. Listed entities, including Future Enterprises Ltd, Future Retail Ltd, Future Consumer Ltd and Future Supply Chain, informed exchanges about dates and other procedures for the virtual meetings of shareholders and creditors. The meetings are held virtually through video conferencing and other audio-visual means, the addendum notice added.
RIL has denied knowingly producing any gas from the ONGC block
Sebastian Coe, the head of World athletics and twice Olympic champion over the distance, described the women's World 1,500 metres final won by Kenyan Faith Kipyegon on Monday as one of the best races he has ever seen.
The International Weightlifting Federation said in a statement that the two countries' lifters shall not compete at the Tokyo Games, regardless of the change of date. The Thai and Malaysian federations can appeal the IWF ruling to the Court of Arbitration for Sport (CAS) within 21 days.
India accused the two Italian marines on board the MV Enrica Lexie, an Italian flagged oil tanker, of shooting dead two Indian fishermen off the Kerala coast on February 15, 2012.
Khokar gave his verdict on an appeal filed by Umar against the three-year ban imposed on him in April by the Disciplinary Panel of the board after a couple of hearings.
Observing that the Indian Supreme Court plays the role of a 'counter-majoritarian institution', Justice Chandrachud said it is the duty of the top court to 'protect the rights of socio-economic minorities'.
Pakistan batsman Umar Akmal on Saturday claimed that he did not report to Pakistan Cricket Board about the spot-fixing approach made to him which led to his ban last year as he thought the information would not remain confidential.
American Olympic 100 metres hurdles champion Brianna McNeal has been banned for five years for an anti-doping rule violation (ADRV), the Athletics Integrity Unit (AIU) said on Friday.
The company faces $3-bn payout to Econet Wireless.
Harris, in a major foreign policy speech as part of her three-day visit to Singapore, said America's vision includes the freedom of navigation which is vital to all.
China's top swimmer Sun Yang questioned the credentials of the testers before members of his entourage smashed vials containing his blood samples with a hammer. His eight-year ban rules him out of this year's Tokyo Games
Swiss court rejects Russia's appeal against Olympic doping ban. The Lausanne-based Court of Arbitration for Sport (CAS) said the sanctions, which also bar Russia from hosting or bidding for major sporting events during a two-year period, would come into force on Thursday and end on December 16, 2022.
Real estate developer Supertech on Friday was declared bankrupt by the National Company Law Tribunal (NCLT), a move that could have a bearing on 25,000 home buyers of the firm's ongoing projects in the Delhi and NCR region. Acting on a petition filed by the Union Bank of India for non-payment of around Rs 432 crore worth dues, the bankruptcy court ordered the initiation of insolvency proceedings against real estate firm Supertech Ltd, one of the companies of Supertech group. The NCLT said "there has been a default in payment of the financial debt" and appointed Hitesh Goyal as the Interim Resolution Professional (IRP) superseding the board of Supertech Ltd.
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