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.
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.
NSEL had earlier suspended trading and merged the settlement cycles of all one-day forward contracts.
'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
'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
'We can expect heightened belligerence from China.'
The Orwellian surveillance State is here. And here to stay, asserts Virendra Kapoor.
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.
Want last year's bonus? Sell our tickets: Jet Airways tells travel agents.
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Enforcement agencies will be empowered to confiscate assets
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.
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.
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.
Only time will tell, if the 'Shah' of exchanges will walk out of this battlefield unscathed.
Six years ago, the company discovered an incident of embezzlement of about $4 mn by an employee.
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.
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).
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.
CIL is charged of discriminating in favour of public sector firms in the reworked format of fuel supply agreements.
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.
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Cabinet likely to pave way for the 'super-rich' tax today.
The watchdog would provide an additional option to the existing pricing methodology for preferential issuances.
It will help in reducing the turnaround time.
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.
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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 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.
Elected along with India on the board of UNAID were the US, Russia, Ethiopia, Mauritania, Guatemala and Monaco.
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.
The police were aware of the bandh since the gram panchayats had informed them about it. Yet, they did nothing to prevent it.
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.
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.
In the clearest indication from the European Commission yet that a resolution to the ongoing dispute between New Delhi and Brussels regarding generic drug seizures had been reached, a senior EC official told reporters on Wednesday that the EU was "open to changing" the offending regulation.
In a major development in the Satyam fraud case, US regulators on Tuesday fined the software firm and its auditors PriceWaterhouse India up to $17.5 million for the accounts bungling that went undetected for several years.
The father and son were together for over two hours.
The Telecom Disputes Settlement and Appellate Tribunal has decided to charge commission on the petitions, claims and suits for recovery of money or an outstanding amount.
The probe is not part of the civil fraud charges filed against the bank in April, which caused an alleged loss of over $1 billion to investors by misrepresenting facts about the financial product tied to sub-prime mortgages.
Lawyers of embattled Goldman Sachs met with representatives of the US market regulator SEC this week, a move seen as an attempt to settle the lawsuit against the banking major, according to reports.
Embraer cannot escape Indian laws just because it has struck a settlement with American authorities, Parrikar said.
The panel suggested changes in laws relating to marriage, divorce, alimony, and marriageable age for men and women.
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