India must learn from the missteps made by financial regulators in the US and UK.
The larger amount of black money either goes into domestic real estate or bullion, or is round-tripped back into India anyway.
This settlement relates to an accounting fraud perpetrated by the company's former management from at least 2003 through September 2008.
Global computer chip major Intel has reached at a settlement with the US Federal Trade Commission to resolve the anti-competitive charges against it and agreed to follow series of restrictions.
Kamal Farooqui, member of the All-India Muslim Personal Law Board and former chairperson of the State Minority Commission, believe the Ayodhya verdict gives all warring sides a golden opportunity to come to a settlement and end the vexed issue which has caused untold violence and harm to the Muslims. In a candid interview with Vrinda Gopinath, he many of the perplexing issues and outlines a strategy for a final settlement.
On Tuesday, it stopped trading in e-series contracts in gold in anticipation of the notification to this effect.
China on Monday expressed the hope that the Taliban will stand by its commitment of establishing an "open and inclusive" Islamic government in Afghanistan and will ensure a peaceful transition of power without violence and terrorism.
Goldman Sachs is seeking to avoid a fraud charge as part of its settlement with the United States market regulator SEC, which had charged the investment banking major with defrauding investors by misrepresenting facts, a media report said.
The move follows poor results in detecting undisclosed foreign assets and delay in concluding pending matters under the Black Money Act, which came into effect in 2015. According to the official data, only 52 cases have been identified so far. Of these, nine are from Mumbai alone.
NSEL had earlier suspended trading and merged the settlement cycles of all one-day forward contracts.
'An amicable settlement of the Ram Janambhoomi would infuse new blood into national life and Bharat would emerge as a proud and strong nation,' the RSS said in a written submission before the Liberhan commission
'Pay-for-delay' settlements between drug patent-holders and generics manufacturers to delay the launch of cheaper generic medicine are increasingly being scrutinised by antitrust regulators
Vodafone's long-pending tax dispute with the government might be heading for a resolution, with the finance ministry considering changing the Income-Tax Act's retrospective amendment and taxing indirect transfer of assets prospectively from 2012, the year the law was clarified.
If AAP dominates both state and local elections, the move for unification may become the illness for the BJP instead of the medicine it was supposed to have been.
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Enforcement agencies will be empowered to confiscate assets
Want last year's bonus? Sell our tickets: Jet Airways tells travel agents.
The Orwellian surveillance State is here. And here to stay, asserts Virendra Kapoor.
'We can expect heightened belligerence from China.'
Only time will tell, if the 'Shah' of exchanges will walk out of this battlefield unscathed.
The talks were convened in Delhi in a bid to hammer out differences, particularly on the NSCN-IM's demand for a separate flag and Constitution for the Nagas, officials said.
Six years ago, the company discovered an incident of embezzlement of about $4 mn by an employee.
The remarks by China's deputy permanent representative to the UN, Geng Shuang, came during an emergency meeting of the Security Council on the situation in Afghanistan on Monday after the sudden and rapid takeover of the Afghanistan government by the Taliban insurgents.
Community activist and TV journalist Renee Lobo has been appointed to the New York City Commission on Human Rights by Mayor Mike Bloomberg, ending a long void.
India has conveyed its concerns to the top security and intelligence officials of the United States, the United Kingdom and Russia over the possible implications of Pakistan's links with the Taliban and various terrorist groups operating in Afghanistan for regional security and stability, people familiar with the development said.
CIL is charged of discriminating in favour of public sector firms in the reworked format of fuel supply agreements.
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Cabinet likely to pave way for the 'super-rich' tax today.
The Houston-based Halliburton, one of the world's largest providers of products and services to the energy industry with over 55,000 employees, has agreed to pay the amount and furnish significant relief to settle a national origin and religious discrimination lawsuit brought by the US Equal Employment Opportunity Commission (EEOC).
A direction by Chief Justice of India S A Bobde, Justice B R Gavai, and Justice Surya Kant to the Karnataka high court asked the latter to expeditiously settle the matter of assets deposited before it by Mallya for liquidation, and thereby payment to creditors 'preferably not later than three months'. It will be interesting to see the view of the London high court, if the settlement of his dues to Indian creditors is imminent, reports Ashis Ray.
It will help in reducing the turnaround time.
There is no reason for keeping an entire ministry with a total staff strength of 2,300, just for the oversight of a few aviation sector laws and regulatory bodies, notes A K Bhattacharya.
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Faced with over Rs 11,200 crore (Rs 112 billion) tax liability, Vodafone India chief Analjit Singh on Thursday met Finance Minister P Chidambaram for the second time this week and expressed the hope that there will be clarity soon on the proposal to settle the dispute through conciliation.
The deceptive messages promised that the consumers will get free $1,000 gift cards from major retailers like Walmart, Target and Best Buy, the FTC said in a statement.
Elected along with India on the board of UNAID were the US, Russia, Ethiopia, Mauritania, Guatemala and Monaco.
The watchdog would provide an additional option to the existing pricing methodology for preferential issuances.
WorldCom Inc. is close to a settlement with the US Securities and Exchange Commission that would resolve charges it fraudulently misled investors and would require it to pay one of the largest fines ever levied by the agency.
The sudden massive cancellations of Jet have put travel agents and customers in jeopardy
For Lok Sabha candidates, the statutory poll expenditure limit has been fixed at Rs 70 lakh.
Aircraft manufacturer Embraer has agreed to pay over $205 million (over Rs 1,371 crore) as settlement with American and Brazalian authorities for resolving corruption charges in India and three other countries.
The police were aware of the bandh since the gram panchayats had informed them about it. Yet, they did nothing to prevent it.
The RBI has this year cut interest rates by 110 basis points in four instalments but banks have passed only a part of it to borrowers. Before the last reduction earlier this month of 35 basis points, the bank on an average had passed only 29 basis points out of 75 basis points cut affected during 2019.
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