'If the criminal or civil charges are deemed unworthy or defective, Trump's new justice department and SEC can withdraw the criminal and civil cases.'
Gautam Adani, India's second-richest man, and seven others including his nephew Sagar have been charged with paying bribes to unidentified officials of state governments in Andhra Pradesh and Odisha to buy expensive solar power, potentially earning more than $2 billion profit over 20 years.
The $5.7 billion total includes $1.6 billion in fines separately imposed by the US Federal Reserve on the five banks.
The five Ahmedabad-based call centres that made calls to people living in the US are Hglobal, Call Mantra, Worldwide Solution, Zoriion Communications and Sharma BPO Services.
The fears arise from Facebook's handling of user data and potential privacy violations, more specifically the Cambridge Analytica scandal.
Among all the geographies where Amazon is fighting regulators, India is the only place where its lines are also tangled in a major corporate battle, this one with India's largest company by market capitalisation over the acquisition of Mumbai-based Future Group's retail chain, the country's second largest. No other corporate entity in any country offers a challenge to Amazon's hegemony in a way Reliance Industries does - and the final hearing of an arbitration case filed at the Singapore International Arbitration Centre between the two may decide at least some of these issues. This legal battle between one of the world's most powerful corporations and one of India's most powerful conglomerates could be complicated by a host of other developments.
Rajat Gupta, 70, the first Indian managing director of McKinsey and who of 17 months in US prison for insider trading, gets ready to tell his side of the story. And he is less than complimentary about Preet Bharara, then the famous crusading US attorney for the Southern District of New York. "The jury, the press and the public saw only... a 'cropped picture', he says. For someone whose life story was a model of the Great American Dream - an Indian of modest means who rose to the highest circles of politics and business, mingling with the White House and Davos crowd - his indictment in 2012 marked a stunning fall from grace. Many ascribed it to the hubris of the rich and powerful, says Kanika Datta.
Babulal 'Bob' Bera, US Congressman Ami Bera's 83-year-old father, faces five years in prison.
'The Indian government has accepted and is a party to international agreements, standards and conventions on religious freedom.' 'We did not force it on them. We are not trying to impose something on them that they haven't already agreed to...' 'India has never allowed us to visit, which is very disappointing for such a wonderful country with such a rich democratic tradition. They seem to be afraid to let us in.'
'He needs to control his foot soldiers by taking either stern action against the over enthusiastic members of his group or convince them to stop causing him this embarrassment.' 'We know that most of these leaders are not going to be prosecuted by Indian authorities. So we are seeking alternate means to bring them to justice,' FIACONA President John Prabhudoss tells Aziz Haniffa/Rediff.com
However, he refrained from speaking on Mexican immigrants and also declined to repeat his frequent promise to force Mexico to pay for the wall.
This is the joint statement issued by the ministry of external affairs on the visit of US President Barack Obama to India.
President Pranab Mukherjee on Monday addressed the first joint sitting of Parliament as mandatorily required under the Constitution after the general elections. The address is the political, economic and foreign policy road map of the Narendra Modi government and covers virtually all crucial areas.
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