The Chagos Islanders were forcibly expelled from their homes and dumped in Mauritius and Seychelles almost 50 years ago when their remote islands acquired a strategic importance during the cold war era. The Permanent Court of Arbitration has now given a ruling rejecting a claim by the British government that the court did not have jurisdiction in the matter.
The minimum threshold to come under GAAR will be Rs 3 crore.
The stake of Data Access managing director Siddhartha Ray in the company will fall from 74 per cent to 57 per cent, even as the international long distance major is looking at newer markets including Pakistan and Mauritius.
General Electric company plans to convert its two arms in the country into wholly-owned subsidiaries even as it will expand activities of a third company, GE Power Controls India.
Chidambaram and his son Karti were named in the chargesheet filed by the Central Bureau of Investigation in the case on July 19.
Foreign Investment Promotion Board is understood to have deferred, two weeks, any decision on NDTV's proposal to offer 34.28 lakh fresh equity shares, aggregating Rs 52.88 crore.
It could be a matter of concern that foreign shareholders of the NSE are registered in tax havens such as Mauritius and Cyprus.
Satwik Rankireddy and Chirag Shetty claimed India's first ever medal in men's doubles after settling for a silver at the 21st Commonwealth Games' badminton competition, in Gold Coast, on Sunday.
FinMin had, recently, notified changes in FDI rules that made prior approval of the government mandatory for foreign investments from countries that share a land border with India. Hong Kong was ranked 14th on the list of countries with FDI flows to India, contributing $4.2 billion between April 2000 and December 2019, the data from DPIIT shows. India received FDI worth $2.34 billion from China in the same period.
ICICI Venture denied the allegations, noting it had extended the lifespan of the Dynamic India Fund III by three years
The monotony is awfully exhausting and drab in the absence of script, craft and nerve-racking unpredictability, feels Sukanya Verma.
Concerned over several violations by overseas corporate bodies including misuse of Indo-Mauritius double taxation avoidance treaty, the Joint Parliamentary Committee, which probed the securities scam has highlighted the absence of regulation.
The ED said that Chidambaram has remained evasive and therefore grant of pre-arrest bail at this stage would be highly detrimental to the investigation.
India cannot choose its geography and devise regional strategies to dovetail into the Western Indian Ocean hypothesis conceived in the Pentagon, argues Ambassador M K Bhadrakumar.
The Jardine Fleming India Fund said on Tuesday that directors have decided again presenting shareholders with a proposal to liquidate the fund.
A senior executive of GMR group confirmed that both the companies were keen to get out of the venture. Fraport has already closed its development office in India.
Tomy has now been shifted to INHS Kalyani, the naval hospital of Eastern Naval Command, for observation and medical assistance as required.
Singapore has emerged as the most sought after destination for foreign direct investment by Indian companies, who invested over USD 500 million there in May.
Daughter of former deputy PM late Jagjivan Ram, Kumar, 72, was also the first woman to occupy the high office of the LS speaker
International telcos such as Russia's Sistema and Norway's Telenor and foreign investment funds such as KAIF Investments Mauritius and Capital Global Ltd (investors in Loop Telecom) have sent legal notices to the Indian government under the respective Bilateral Investment Promotion & Protection Agreement or Comprehensive Economic Cooperation Agreement.
Dismissing the charges levelled against him by Rajasthan Bharatiya Janata Party chief Ashok Parnami as "baseless", former Chief Minister Ashok Gehlot's son Vaibhav today dared him to come up with factual details.
This warrant will be sent to the ministry of external affairs which in turn will be sending it to the United Kingdom
Though the Union HRD ministry has vehemently denied that Shevgaonkar resigned under government pressure, some allege that this is yet another example of the government exercising its influence over educational institutions
The vessel is slated to be the platform for the first Indian all-women global circumnavigation by the Indian Navy to begin in August.
The Bollywood star unveiled the latest Kingfisher edition as bikini bombshells looked on. Take a look!
Its obsession for growth, chasing corporate clients and giving up its original mandate of meeting the needs of local trade and businesses. A quarter of its loan book has gone bad. That's an error of business strategy, points out Tamal Bandyopadhyay.
Says action taken following Supreme Court order, not because of government decision
It was the first-ever Indian circumnavigation of the globe by an all-women crew, the Navy said.
Hong Kong has the highest level of economic freedom worldwide
Let's see what Spain looks like with this Khatron Ke Khiladi contestant.
Acting on a Central Bureau of Investigation's plea, a special CBI court has issued judicial requests to four countries seeking details of the money trail in the Aircel-Maxis deal, in which former telecom minister Dayanidhi Maran is an accused. The Letters Rogatory to the United Kingdom, Bermuda, Malaysia and Mauritius were issued by a Patiala House court last week in the case. The CBI has alleged that Maran had received Rs 547 crore as kickbacks.
Confusion over India's new tax rules, slow rate cuts, and a weakening rupee could create a stock-picking environment.
The ED had filed the first chargesheet in the case against Chidambaram's son Karti; later, a supplementary chargesheet was also filed against him.
On Tuesday, the rupee lost 9 paise to close at 66.67 against the US dollar.
Over the last few days, as the fortunes of Thomas Cook Plc took a wrong turn, the Indian entity scrambled to distance itself from its erstwhile parent. Experts have said that the travel firm must not change its brand name.
The regulator last week reached out to custodians for beneficial ownership information of investors coming from China, Hong Kong, and 11 other countries.
India, in particular, has suffered from the flow of illegal funds to tax havens such as Mauritius, Switzerland, Lichtenstein, British Virgin islands etc.
The rupee slid as low as 53.84 per dollar, the weakest since December 15, lifting the cost of imported oil, fueling inflation and reduce scope to cut interest rates.
This follows an investigation into alleged violations of foreign exchange rules involving foreign direct investment of Rs 85 crore and Rs 140 crore by JP Morgan India and Amrapali Group firms.
