During a series of hectic talks between Cairn Energy and the Indian government over the $1.2-billion arbitration award in favour of the former last week, a slew of options was proposed by the two sides, including computation of capital gains and participation in the Vivad se Vishwas (VsV) dispute resolution scheme. The government is likely to go ahead and appeal against the arbitration award by a Permanent Court of Arbitration at The Hague before March 21, indicated finance ministry officials. Cairn Energy Plc on Sunday said it was hopeful that an acceptable solution to its tax dispute with the Indian government could be found to avoid prolonging and exacerbating the 'negative issue' for all parties.
With the addition of 4,000 employees, the RCom staff strength is estimated to rise to 9,500
UK-based Cairn Energy PLC on Wednesday said it has agreed to drop litigations to seize Indian properties in countries ranging from France to the UK as it has accepted the Indian government's offer to settle tax dispute relating to the levy of taxes retrospectively. Meeting the requirements of new legislation that scraps levy of retrospective taxation, the company has given required undertakings indemnifying the Indian government against future claims as well as agreeing to drop any legal proceedings anywhere in the world. The government now has to accept this and issue Cairn a so-called Form-II, that will commit it to refund the tax collected to enforce the retrospective tax demand.
Reliance Infocomm violated the licence conditions by evading levy through illegally routing international calls as local ones, the government on Monday told the telecom tribunal.
Pakistan Cricket Board chief Najam Sethi feels that resumption of bilateral Indo-Pak cricketing ties is solely dependant on India's will.
The govt is also criticised for its choice of Khawar Qureshi, who represented Pakistan's case before the ICJ.
A bench headed by Justice S H Kapadia, while disposing of Sebi's plea, also expunged the Securities Appellate Tribunal's observations on Sebi's adjudicating officer Amit Pradhan. Pradhan had imposed a penalty of Rs 1 crore (Rs 10 million) on Goldman Sachs Investment (Mauritius) for furnishing 'false' declarations citing violation of the Sebi(Foreign Institutional Investors) Regulations, 1995.
A top leader of the fundamentalist Jamaat-e-Islami party was sentenced to death on Wednesday by a special Bangladeshi tribunal for committing "crimes against humanity" during the country's 1971 liberation war.
Hailing India for keeping "neutral stand" over the South China Sea issue despite pressure from the US and Japan, state-run Chinese media on Wednesday said there are some contradictions and frictions between the two nations but the overall bilateral relations have been developing smoothly.
Banned UEFA president Michel Platini has taken his appeal against a ban from soccer by FIFA to the Court of Arbitration for Sport (CAS), the Swiss-based sports tribunal said.
Bangladesh's supreme court on Wednesday wrapped up the appeal hearing against the judgment of a special tribunal that had sentenced to death a key 1971 war crimes suspect with the final verdict due any day now.
Bangladesh's supreme court on Wednesday wrapped up the appeal hearing against the judgment of a special tribunal that had sentenced to death a key 1971 war crimes suspect with the final verdict due any day now.
Deputy superintendent of police Amanullah was among the 15 people killed in the incident
Bakshi had moved the application under Section 9 of the Conciliation and Arbitration Act, dealing with foreign arbitration and foreign tribunals.
The bench, which was critical of the Centre's stand on the issue, said "You (government) are so short of vaccines and you are not taking it through. May be it is an opportunity for you. Don't be so negative. It is like a raging fire and nobody is bothered. You people don't understand the larger picture or what.
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 nearly year-long trial of eight suspects at the International Crimes Tribunal in Bangladesh, who have been accused of war crimes during the 1971 war, may not have made headlines in India, but it is attracting huge international attention and further polarising the country's politics.
In another blow to Bangladesh's fundamentalist Jammat-e-Islami, the cabinet has decided to strip the voting rights of people convicted of "crimes against humanity" during the 1971 liberation war.
Russia has lost its appeal against its ban from next month's Rio Paralympics because of a state-sponsored doping programme, the Court of Arbitration for Sport (CAS), sports highest tribunal, said on Tuesday. The decision to exclude Russia's entire Paralympics team, initially made on Aug. 7 by the International Paralympic Committee (IPC), means at least 250 Russian competitors are set to miss the Sept. 7-18 event.
'Pakistan has completely failed to provide the remedy as directed by the ICJ and India reserves its position in the matter, including its rights to avail of further remedies'
The International Criminal Court has asked the Libyan authorities to ensure that Muammar Gaddafi's fugitive son Saif al-Islam, captured by forces of the National Transitional Council, is tried in a court of law in accordance with international norms.
Pakistan's Senate has unanimously adopted a resolution asking the government to prepare a dossier on "Indian interference" in the country and send it to other nations and international institutions.
Government on Wednesday decided to appeal in Supreme Court against telecom tribunal's order rejecting its claim of privilege on certain internal documents which led to the decision to allow basic operators to offer limited mobility services.
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.
Serbia's former World No 12 Viktor Troicki has been handed an 18-month suspension by the International Tennis Federation (ITF) after violating doping regulations.
Former International Cricketing Council president Ehsan Mani has urged the governing body to safeguard the sanctity of cricket following the spot-fixing scandals that has surrounded the Indian Premier League
Taking note of a plea by some fishermen seeking compensation, the Supreme Court on Thursday directed the Kerala high court not to disburse any amount from the Rs 2 crore earmarked for the owner of fishing boat St Antony in which two fishermen were killed by Italian marines in 2012.
Bangladesh's fundamentalist Jamaat-e-Islami chief Motiur Rahman Nizami was on Wednesday sentenced to death by a special tribunal for his role in the killing of thousands of people during the nation's independence war against Pakistan in 1971.
Videsh Sanchar Nigam Ltd said on Tuesday it is studying FLAG Telecom's claim of a monetary relief of about 406 million dollar and will file its response with the Tribunal in due course.
Pakistani cricketers Mohammad Asif and Salman Butt will be free to return to competitive action on Sept. 2 after serving bans for involvement in match-fixing, the International Cricket Council (ICC) said on Wednesday.
The RBI rejection is a second blow to BoB - the lead bank of both companies -- after a Delhi high court order on August 18 stayed a move by BoB and the entire consortium of lenders to classify these accounts as fraud, restraining them from taking any other coercive action till the next hearing.
Mercedes accused Formula One's governing body of double standards on Thursday at a tribunal that could impose stiff sanctions on their team for allegedly breaking the rules with a 'secret' tyre test.
Booked between 2007 and 2011, out of the total 32,700 residential units under various Jaypee Infratech (JIL) projects, at least 20,000 homes are yet to be delivered. Supreme Court documents show that, till last March, Jaypee had issued 7,997 offers of possession to homebuyers while executing only 6,530 sub-lease deeds. These deeds offer homebuyers possession rights but, unlike registration, does not guarantee absolute ownership.
Differences on pricing of channels persisted between south India-based broadcaster Sun Group and DTH operator TataSky, which feels that rates quoted by Sun were fit for international channels but not regional.
Fundamentalist Jamaat-e-Islami leader and media doyen Mir Quasem Ali was Thursday indicted by a special Bangladeshi tribunal on charges of "crimes against humanity" committed during the 1971 liberation war.
Bids to be evaluated according to guidelines by the civil aviation ministry, following which a buyer will be selected. Transfer of control to the buyer to be effected by June-end.
Infrastructure require for making chips is not available in the country.
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).
'Coupled with e-filing procedures it would really enhance the ability of the judiciary to provide speedier justice.'
