After Air India, Britain's Cairn Energy PLC plans to target assets of state-owned firms and banks in countries from the US to Singapore as it looks to ramp up efforts to recover the amount due from the Indian government after winning an arbitration against levy of retrospective taxes. A lawyer representing the company said Cairn will bring lawsuits in several countries to make state-owned firms liable to pay the $1.2 billion plus interest and penalties that are due from the Indian government. Last month, Cairn brought a lawsuit in the US District Court for the Southern District of New York pleading that Air India is controlled by the Indian government so much that they are 'alter egos' and the airline should be held liable for the arbitration award.
Despite Gaikward's brilliance, Maharashtra could not qualify for the knockout stages of the competition.
The dramatic swearing-in of BJP's Devendra Fadnavis as chief minister and Pawar's nephew Ajit Pawar as his deputy was preceded by days of talks between key party leaders and the junior Pawar, who was facing probe in corruption cases being investigated by central agencies.
An interview with Parth Agarwal, student of the Faculty of Management Studies, University of Delhi on how he bagged the top placement at the institute.
Courts in five countries including the US and the UK have given recognition to an arbitration award that asked India to return $1.4 billion to Cairn Energy plc - a step that now opens the possibility of the British firm seizing Indian assets in those countries if New Delhi does not pay, sources said. Cairn Energy had moved courts in nine countries to enforce its $1.4 billion arbitral award against India, which the company won after a dispute with the country's revenue authority over a retroactively applied capital gains tax. Of these, the December 21 award from a three-member tribunal at the Permanent Court of Arbitration in the Netherlands has been recognised and confirmed by courts in the US, the UK, Netherlands, Canada and France, three people with knowledge of the matter said.
India's Shubhankar Sharma tried hard but could not make the cut at the Hero Open in Birmingham, missing out on weekend action in his first start since the return of competitive golf on the European Tour.
Though the mandate is seen largely an outcome of Banerjee's welfare schemes, she has promised to industrialise at a faster pace, or so read the manifesto.
Purushottam Sharma, a 1986 batch IPS officer, was transferred following a viral video which showed him thrashing his wife, soon after she confronted him at the anchor's flat.
The WADA first suspended NDTL in August last year for a period of six months. A fresh round of inspection by the world body, much to the embarrassment of country's sporting establishment, showed that non-conformities still existed.
We asked you, our dear readers, to share your 2 States stories. Here is Parth Choudhury's tale of love!
A senior company executive said the company waited for seven years for the verdict and its shareholders needed to know when it would be concluded.
In the suit, Rai said Facebook had stopped midway his paid advertisement campaign aimed at promoting his portal.
The cartoon appeared to support the new policy of 'Atmanirbhar Bharat' enunciated by Prime Minister Narendra Modi as well as a call for a boycott of Chinese products.
Athletes capable of adapting to uncertainty amid the coronavirus outbreak will be best placed to succeed at the Tokyo Olympics, India's sole individual Olympic champion Abhinav Bindra said. Known for his Zen-like poise and attention to minute details in preparation, Bindra, who won shooting gold at the 2008 Games in Beijing, said adaptability is key for athletes training to excel in Tokyo amid concerns about the virus.
A round-up of all the Ranji Trophy matches played on Thursday.
A round-up of results from the Ranji Trophy matches played on Sunday.
In March, Adidas had announced top level management change and appointed Germans on the top positions.
Film actors, a fashion designer and DJs were among the 44 people who tested positive for drugs consumed at a high-profile rave party at a posh hotel in Juhu, Mumbai in May, police said on Saturday. The two persons, who tested negative for the drugs, were identified as Amrit Sagar, grandson of Ramanand Sagar, director of television serial 'Ramayan' and Rahul Sughand.
A round-up of Day 3 of the Ranji Trophy matches played on Saturday.
As the legend turns 40, we take a look at his journey in cricket and life.
It is a very different victory of Maradona that fascinates me even more, notes ad guru Sandeep Goyal.
Dhawan returns to Delhi for the 2019 season after being traded by Sunrisers Hyderabad. Australian great Ricky Ponting will continue to coach the team.
Sakshi Tanwar as Daenerys Targaryen... how do you feel about that?
On Friday, Ajit caused a flutter in the party when he sent his resignation as the MLA from Baramati segment to Legislative Assembly Speaker Haribhau Bagade, which has been accepted.
The engineering marvel defines the Kolkata skyscape.
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.
Saurashtra, led by the inspirational Jaydev Unadkat, will back themselves to win an elusive Ranji Trophy title at home but a buoyant Bengal will be no pushovers in what promises to be an absorbing final beginning, in Rajkot, on Monday. Both the teams are desperate to go all the way with Saurashtra reaching their fourth final in eight seasons while Bengal has not tasted success in the premier domestic event since the 1989-90 triumph.
Private equity players said their research had shown that the PE share after COVID-19 could go up to 8-10 per cent.
Supplementary provisions exceeded the original provision by as much as 239,900 per cent in 2014-15.
In his new role, Ganguly will work closely with the team's head coach Ricky Ponting.
According to telcos and analysts, this is due to SIM consolidation happening after the minimum recharge plans were implemented by incumbents.
Rishabh Pant made a statement by guiding Delhi Capitals to a win over Rajasthan Royals with a 36-ball 78.
Caught in the dope net, Asian Games bronze-medallist javelin thrower Davinder Singh Kang on Sunday said the failed result is because of a declared medication he took for sore throat and he is confident of being cleared in the disciplinary hearing.
Sunrisers Hyderabad on Monday announced that opener Shikhar Dhawan has been traded to Delhi Daredevils for the 12th edition of the Indian Premier League next year.
A diary of the voyages of a millennial newcomer at Lakme Fashion Week through the "ever-entertaining" backstage.
Shaw and Aditya Tare (82 off 48 balls) toyed with a pedestrian Assam attack to help Mumbai post a massive 206 for 5 in the Group 'D' match.
Domestic giants Mumbai continued its winning run in the Syed Mushtaq Ali Trophy thrashing Madhya Pradesh by nine wickets in Mumbai on Monday.
Until September 14, Vaidehi Ankolekar was a bus conductor on Mumbai's famed BEST buses. Now, she is known nationwide as the mother of India's latest cricketing hero. That Saturday, her son Atharva bowled India to the Asia Cup Under-19 title.
590 cricketers -- including 370 Indian players and 220 overseas players -- will go under the hammer during the two-day mega auction in Bengaluru on February 12 and 13.
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