The deal follows Facebook picking up a 9.99 per cent stake in the firm that houses India's youngest but largest telecom firm on April 22 for Rs 43,574 crore. Within days of that deal, Silver Lake -- the world's largest tech investor -- bought a 1.15 per cent stake in Jio Platforms for Rs 5,665.75 crore. On May 8, US-based Vista Equity Partners bought 2.32 per cent stake in Jio Platforms for Rs 11,367 crore.
The court also directed police to submit for its perusal investigation papers pertaining to the case in a sealed cover by November 5 when it would hear the matter. The court was hearing a petition filed by ARG Outlier Media Pvt Ltd, which owns Republic TV, and Goswami seeking to quash the first information report lodged on October 6.
"Are they ready to review their decisions? If they do, we can also review our decisions. Review will be on both sides," Qureshi said.
The global agency said there are "serious deficiencies" on the part of the country in checking terror-financing and it lacks an effective system to deal with it.
American analysts and their camp followers in India are talking absolute rubbish when they try to establish that India is facing a Hobson's choice in regard of Donbass, called upon to take sides between Russia and the West, asserts Ambassador M K Bhadrakumar.
Ajit Balakrishnan offers a thinking man's guide to the angst of the professions.
Friday's hearing is expected to be presided over by Chief Magistrate Emma Arbuthnot, the same judge who had ordered the extradition of former Kingfisher Airlines boss Vijay Mallya last December.
From the Republic Day violence to Lakhimpur Kheri incident and terms such as 'toolkit' and andolanjeevi entering the Indian political lexicon, it was controversies galore during the year-long farmers' movement against the contentious agri laws.
A UK judge presiding over the extradition proceedings of Nirav Modi on Tuesday ruled that the evidence submitted by the Indian authorities to establish a prima facie case of fraud and money laundering against the fugitive diamantaire is broadly admissible. District Judge Samuel Goozee heard the arguments for and against the admissibility of certain witness statements provided by the Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) at Westminster Magistrates' Court in London and concluded that he considered himself "bound" by the previous UK court rulings in the extradition case of former Kingfisher Airlines chief Vijay Mallya. He then adjourned the case for a two-day hearing on January 7 and 8 next year, when he will hear the final submissions in the case before he hands down his judgment a few weeks later.
Regulators and investigators around the world have access to sophisticated tools making it possible to detect white collar crimes. This is where Indian investigators and regulators have been found wanting, says Sudipto Dey.
Wanted diamond merchant Nirav Modi on Thursday lost his fight against being extradited to India as a United Kingdom judge ruled that he can be sent back to face charges of fraud and money laundering in the estimated $2 billion Punjab National Bank scam case.
The Board of Control for Cricket India's Committee of Administrators will meet in Mumbai on November 3 to chalk out a plan to deal with mounting pressure from the National Anti-Doping Agency (NADA), which wants Indian cricketers under its ambit.
The finance ministry has put out a revised draft in public domain.
Nirav Modi, wanted in connection with the estimated $2-billion Punjab National Bank (PNB) scam case, was further remanded in custody on Tuesday by a court in London hearing India's extradition request for the diamond merchant. The 49-year-old appeared on Tuesday via videolink from Wandsworth Prison in south-west London, dressed in a maroon sweater and sporting a full beard, for his regular 28-day "call-over hearing" at Westminster Magistrates' Court, where Chief Magistrate Emma Arbuthnot extended his remand for another 28 days until December 29.
New Delhi to push for services trade facilitation & food stockpiling.
India ranks 11th among countries of origin for Deferred Action for Children Arrival students.
Justice Ingrid Simler at the Royal Courts of Justice in London concluded the hearing and said as the matter was of "some importance", she would take some time to consider it and hand down her ruling on Wednesday.
Earlier this month, Parliament approved the Insolvency and Bankruptcy Code, 2016.
Diageo, which had acquired Mallya's United Spirits nearly six years ago, is claiming $40 million paid to the liquor tycoon as part of an alleged breach of agreement.
Lalit Modi, former Indian Premiere League chief, on Tuesday night made explosive claims that Rajasthan Chief Minister Vasundhra Raje had supported in writing his immigration plea in Britain
Unlike other top police officers, A A Khan spoke boldly --- be it while defending 'encounters' in many of which he was involved, or in tracing the cause of the ghastly Radhabai Chawl incident, recalls Jyoti Punwani. Encounters were useful, he said, because hardened criminals who were targeted were beyond reform and no good for society.
In Federal Court papers filed this month and reviewed by Reuters, Tendulkar said Sydney-based Spartan Sports International agreed in 2016 to pay him at least $1 million a year to use his image, logo and promotional services to sell "Sachin by Spartan" sporting goods and clothing.
The world is full of family businesses that withered away with the passing of generations, creating much bitterness and ill will. Entire clans that used to be household names have become pale shadows of their once-mighty empires.
The Indian-American community in the New York-New Jersey-Connecticut tristate area is being targeted by telephone fraudsters.
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Birmingham-based Gurpreet Singh Chadda, who was doing business of sale and rent-back of homes through Red2Black Homes and B&L Homes, has also been banned from working in the British financial services industry, besides a fine of 945,277 pounds (nearly Rs nine crore), the FCA said.
The leave to appeal to the Supreme Court is on a point of law of general public importance, which according to experts is a very high threshold that is not often met.
On legal front, Wankhede, who the NCB asserted has an impeccable service record, failed to get any relief related to an affidavit on the sensational extortion claims made by the independent witness, Prabhakar Sail, with a special court saying it cannot pass a blanket order barring courts from taking cognisance of the document.
The ED, in its chargesheet filed against Michel in June 2016, had alleged that he received 30 million (about Rs 225 crore) from AgustaWestland.
New York Mayor Bill de Blasio has announced the appointment of Nisha Agarwal, one of the leading advocates in the city for the immigrant communities, as commissioner of the Mayor's Office of Immigrant Affairs.
Aircraft lease rentals are fixed costs and account for around 15 per cent of an airline's expense and since these are paid in dollars are also subject to currency fluctuations.
Carlo Valentino Ferdinando Gerosa, 71, an Italian and Swiss national, was believed to be a key player in the bribery scandal as the process of manipulating the specifications for VVIP helicopter deal allegedly started after a meeting between him and cousins of former Indian Air Force chief S P Tyagi, they said.
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New York Stock Exchange President 38-year-old Tom Farley (ranked 7) and Twitter co-founder and CEO 37-year-old Jack Dorsey.
Speaking to reporters Mallya said, "It will all become clear in court".
H1-B holders in the US can rest assured that changes are soon coming which will bring both simplicity and certainty to your stay, including a potential path to citizenship: Trump.
The UN High Commissioner for Human Rights, also asked India to ensure that the National Register of Citizens verification in Assam does not leave the people stateless.
Most legal experts indicate the former ICICI Bank CEO will take the matter to court. Her contention will be she can't be fired and called guilty without proof.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Mallya's barrister, Clare Montgomery, reiterated the central defence that there had been no misrepresentation or fraud on the part of her client and that Kingfisher Airlines was the victim of economic misfortune alongside other airlines.
Mr Prabhu has a big challenge ahead in implementing trade reforms to regain the lost export momentum, says Jayanta Roy.
The sacked sailor had undergone the surgery in August last year at a hospital in Mumbai while on leave.
