Concluding the three-part series, Paranjoy Guha Thakurta says that the black money law is likely to fail because of the ineptness of India's investigative and enforcement agencies.
Reliance announced energy asset sales worth around $ 16 billion; end of the investment cycle in telecom; bringing net-debt to zero in 18 months; value-unlocking options for real estate and financial assets; listing of telecom and retail in five years; and focus on dividends.
This property has all the hallmarks of being owned and occupied by Vijay Mallya. A fleet of supercars making their way down the drive, hordes of people descending to party all night long and a constant delivery of goods and services.
The money was paid to Mallya in two tranches in his offshore accounts.
'The web of transactions is so complex that it requires expertise to understand the strategies involved in each fraud.'
'Given the past record, no one will be prosecuted, especially since the beneficiaries comprise the most powerful people in the country. They will pay a fine and be let off.'
Companies' annual reports can hide as much as they reveal. Investors can get early warning signals of wrongdoing by frequently speaking to other stakeholders.
Not only is your privacy stripped stark naked, says Mitali Saran, the system itself is illegal and vulnerable.
Modi campaigned on the issue of national security, which cannot be ensured without a strong economy.
Harsh Roongta, Mahesh Padmanabhan, Anil Rego answer the most sought after questions on Budget Day.
Banks are in need of government support to manage the stressed assets
APAs are part of govt's aim to move to a non-adversarial tax regime.
If the account in a foreign bank has income undisclosed to income tax authorities, or has funds from illegal sources, the account can be declared illegal, under the Fema.
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This is the third meeting between the two parties, including one in which the Company Law Board had taken part.
RailTel Corporation of India, Indigo Paints, Home First Finance Company, Indian Railway Finance Corporation, and Suryoday Small Finance Bank are among the companies looking to tap the market.
There is immense pressure on Biyani to go ahead with the RIL offer after FRL defaulted on its interest payments of Rs 100 crore on July 22.
Swiss brokerage UBS joins European banking peer HSBC in shutting down its offshore derivative business
The assignment was earlier given to global audit firm EY. But it has now been reassigned owing to 'certain conflict of interest', the Bengaluru-based company said.
The Congress unit described Ramesh's suicide an outcome of "targeted harassment" of their rank and cadre to keep them away from the party.
Passage of the long-pending Goods and Services Tax bill and a unanimous resolution on Kashmir were the highlights of the "highly productive" Monsoon session of Parliament which was adjourned sine die on Friday after 20 sittings.
One of the key concerns of foreign investors is how the general anti-avoidance rule would apply in case an investor is availing benefits under double taxation avoidance agreement.
This route accounts for Rs 2.75 lakh crore of FPI holdings.
The money was allegedly diverted by an ATM servicing company in criminal conspiracy with bank officials.
Exchanges believe its legal status may now change, with the government pushing for digitised transactions.
Niranjan Upadhye, general manager, fraud risk management, Worldline India, tells you how to quickly spot a scam and save yourself from grief.
The tax dept has served notices on about 36 foreign investors.
Coming from a family that has a 140-year history of growing coffee, Siddhartha, 59, initially dabbled in stock trading and wanted to work as an investment banker in Mumbai after completing his Master's in Economics from Mangalore University.
If GDP growth in Q2FY18 remains below 7%, the outlook for Samvat 2074 would remain uncertain at best, says Nitin Desai.
Signing of the pact will hopefully end stock market uncertainty that came with the mention of the M-name
Though Google's investment is minuscule and will not move the needle, it will attract other investors to the company and be a morale booster. Pursuing Vodafone Idea would potentially pit Google against Facebook and an increasingly dominant Jio.
To make sure liquid schemes reflect the underlying portfolio risks, Sebi has said all debt papers with maturity of 30 days or more to be marked to market. Earlier, fund houses didn't have to do so for securities that had less than 60-day maturity.
With cyber criminals becoming savvier by the day, learning how to safeguard yourself is imperative.
A combination of fewer listings and falling 'average daily traded value' contributed to the drag in Q3.
Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?
Here are five things that fraudsters are likely to say or do that should set the alarm bells ringing in your head.
Amazon's fulfilment centres, which store products of hundreds of vendors selling on the American online major's platform, are being cited by Karnataka state government authorities as a primary concern in an ongoing tax dispute.
Changes in threshold not to have a significant revenue impact, say officials
The draft report of the committee contains 27 suggestions for amendments under the I-T Act and eight for reform through administrative instructions.
A proposal for creation of seven Customs Overseas Intelligence Network units is pending with the Ministry of External Affairs.
There were heightened expectations from Budget 2017 after the impact of note ban on different sections but most remain unfulfilled.
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