News for 'Singapore Power'

US House speaker Nancy Pelosi lands in Taiwan, looks China in the eye

US House speaker Nancy Pelosi lands in Taiwan, looks China in the eye

Rediff.com2 Aug 2022

US House Speaker Nancy Pelosi's plane landed in Taiwan amid a heightened security threat from China, media reports said on Tuesday.

GMR looks to swell its order book fourfold

GMR looks to swell its order book fourfold

Rediff.com7 Mar 2014

The debt-laden company, which recently won its first railway construction project, is looking at a four-fold increase in its order book next year.

The problem areas for India ahead of T20 World Cup...

The problem areas for India ahead of T20 World Cup...

Rediff.com19 Sep 2022

With Ravindra Jadeja unavailable because of injury, will India include the left-handed Rishabh Pant over Dinesh Karthik who is a designated finisher in the squad?

Govt calls all-party meet on Sri Lanka as Tamil parties seek intervention

Govt calls all-party meet on Sri Lanka as Tamil parties seek intervention

Rediff.com17 Jul 2022

During a meeting of parties convened on Sunday ahead of the Monsoon Session of Parliament, Tamil Nadu-based Dravida Munnetra Kazhagam and All India Anna Dravida Munnetra Kazhagam demanded India intervene in the neighbouring country which is facing a debilitating economic crisis.

SC allows Mumbai Metro to seek nod for felling 84 trees at Aarey

SC allows Mumbai Metro to seek nod for felling 84 trees at Aarey

Rediff.com29 Nov 2022

The Supreme Court on Tuesday permitted the Mumbai Metro Rail Corporation Ltd to pursue its plea with the relevant authority for felling 84 trees at Mumbai's Aarey Colony for constructing train ramps at its car shed project, saying it cannot be "oblivious of serious dislocation" which may be caused in projects involving "large public funds".

CWG: Vinesh, Ravi, Naveen win golds; Indian wrestlers pouch 12 medals

CWG: Vinesh, Ravi, Naveen win golds; Indian wrestlers pouch 12 medals

Rediff.com7 Aug 2022

An intimidating Vinesh Phogat pounced on her rivals to complete a hat-trick of Commonwealth Games gold medals while Ravi Dahiya too went unchallenged as India's wrestlers wrapped up their campaign with a rich haul of 12 medals, in Birmingham on Saturday.

After 3 decades of waiting, India has a centre in Lumbini

After 3 decades of waiting, India has a centre in Lumbini

Rediff.com16 May 2022

Once completed, the Centre will be a world-class facility welcoming pilgrims and tourists from all over the world to enjoy the essence of spiritual aspects of Buddhism, projecting India's growing soft power.

India-China ties going through a 'bad patch' due to Beijing's acts: Jaishankar

India-China ties going through a 'bad patch' due to Beijing's acts: Jaishankar

Rediff.com19 Nov 2021

External Affairs Minister S Jaishankar said on Friday that India and China are going through a 'particularly bad patch' in their ties because Beijing has taken a set of actions in violation of agreements for which it still doesn't have a 'credible explanation' and it is for the Chinese leadership to answer where they want to take the bilateral relationship.

Zomato, Swiggy hit by hour-long technical glitch on April 6

Zomato, Swiggy hit by hour-long technical glitch on April 6

Rediff.com7 Apr 2022

Food delivery apps Zomato and Swiggy reported a nationwide outage on Wednesday. Both the platforms witnessed technical glitches and were unresponsive for almost an hour. Downdetector, a platform that collects status reports from a series of sources, recorded about 3,619 reports of outage against Zomato at 2:05 PM and about 771 reports of outage against Swiggy at around 2:21 PM. According to the sources, the outage was caused by Amazon Web Services (AWS), a cloud-services platform, which runs both platforms. Though Swiggy and Zomato are working now, some customers reported that the issue has not been solved completely and they are not able to place orders and there are payment related issues.

Emergency declared in Sri Lanka as President Gotabaya flees to Maldives

Emergency declared in Sri Lanka as President Gotabaya flees to Maldives

Rediff.com13 Jul 2022

Sri Lanka declared a state of emergency on Wednesday as angry protesters stormed the prime minister's office in Colombo, hours after president Gotabaya Rajapksa fled to the Maldives on a military jet, amid the country's worst economic crisis in decades.

IPL Auction: Best buy for Chennai, MI look at future

IPL Auction: Best buy for Chennai, MI look at future

Rediff.com23 Dec 2022

Take a look at top picks of all 10 IPL teams

Anil Ambani's RPower wins coal mine case in Indonesia

Anil Ambani's RPower wins coal mine case in Indonesia

Rediff.com24 Aug 2018

In 2010, R Power acquired 100 per cent economic interest in three coal mining concessions in Indonesia

'Women should live together. Men should be visitors'

'Women should live together. Men should be visitors'

Rediff.com9 Mar 2022

'That would make for happier relationships.'

China Open: Radwanska powers past Konta to capture title

China Open: Radwanska powers past Konta to capture title

Rediff.com9 Oct 2016

Agnieszka Radwanska collected her 20th career WTA title after a dominant 6-4, 6-2 victory over Britain's Johanna Konta in the China Open final on Sunday.

How Governments Harm Job Creators

How Governments Harm Job Creators

Rediff.com21 Apr 2022

From small restaurants to mighty software companies, it is businesses, not the government, that create jobs. Yet, in a cruel irony, they have to fight extortive and brutal State power every step of the way, says Debashis Basu.

Wickremesinghe, Premadasa among 4 in fray for presidential polls in Sri Lanka

Wickremesinghe, Premadasa among 4 in fray for presidential polls in Sri Lanka

Rediff.com16 Jul 2022

Parliament met for a brief special session on Saturday to announce the vacancy in the presidency following the resignation of Rajapaksa.

CWG: Sen sails into semis; Sindhu, Srikanth in last four

CWG: Sen sails into semis; Sindhu, Srikanth in last four

Rediff.com7 Aug 2022

Lakshya Sen recorded another comfortable win but double Olympic medallist P V Sindhu and Kidambi Srikanth had to work hard to enter the semi-finals

'People think Modi will create a Dubai or Singapore'

'People think Modi will create a Dubai or Singapore'

Rediff.com14 Sep 2013

Lunch with BS: Sukhbir Singh Badal, deputy chief minister, Punjab

This Week's MUST WATCH OTT

This Week's MUST WATCH OTT

Rediff.com27 Apr 2021

Kate Winslet's turn as detective while Seema Pahwa turns director, all this and more on OTT this week.

Chips: Why govt's dream to make India self-reliant may be premature

Chips: Why govt's dream to make India self-reliant may be premature

Rediff.com10 Oct 2022

Mumbai-based Indian Semiconductor Manufacturing Company (ISMC) and Singapore-headquartered IGSS Ventures have one strategy in common: They have told the government in their application for semiconductor fabrication plants that they will export the bulk of the chips they make in India in the initial five or 10 years. The third applicant, Vedanta-Foxconn, which is also building a fab plant, has said it will concentrate on the needs of consumer electronics and mobile device markets, and earmark 80 per cent of output for domestic consumption, but has not specified its customers. Finding a viable domestic market could well be the biggest challenge for India's renewed tryst with semiconductors. Fab plants do not sell directly to end users but to intermediary chip design companies - such as Qualcomm or MediaTek.

Sitharaman pointer on Cairn award: 'My duty to appeal'

Sitharaman pointer on Cairn award: 'My duty to appeal'

Rediff.com5 Mar 2021

Finance Minister Nirmala Sitharaman on Friday indicated the government's intent to appeal against an arbitration panel asking India to return USD 1.4 billion to UK's Cairn Energy Plc, saying it is her "duty" to appeal in cases where the nation's sovereign authority to tax is questioned.

Green policy flip-flops spook foreign investment firms

Green policy flip-flops spook foreign investment firms

Rediff.com26 Feb 2021

Foreign investment firms, especially private equity, are jittery about the Indian market as uncertainty continues to shroud the energy sector.

'Putin must think he can pull it off'

'Putin must think he can pull it off'

Rediff.com28 Feb 2022

'Putin has set aside all the rules and now he is deciding the rules.'

Lankan Parl meets to announce Prez vacancy, Oppn leader Premadasa in fray

Lankan Parl meets to announce Prez vacancy, Oppn leader Premadasa in fray

Rediff.com16 Jul 2022

During the 13-minute special session, Dhammika Dassanayake, ecretary general of Parliament, announced the vacancy for the post of president.

Retro Tax: Cairn drops lawsuits in US, UK

Retro Tax: Cairn drops lawsuits in US, UK

Rediff.com26 Dec 2021

Britain's Cairn Energy Plc has dropped lawsuits against the Indian government and its entities in the US and other places and is in the final stages of withdrawing cases in Paris and the Netherlands to get back about Rs 7,900 crore that were collected from it to enforce a retrospective tax demand. As part of the settlement reached with the government to the seven-year old dispute over levy of back taxes, the company - which is now known as Capricorn Energy PLC - has initiated proceedings to withdraw lawsuits it had filed in several jurisdictions to enforce an international arbitration award which had overturned levy of Rs 10,247 crore retrospective taxes and ordered India to refund the money already collected. Two sources with direct knowledge of the matter said Cairn on November 26 withdrew the lawsuit it had brought in Mauritius for recognition of the arbitration award and took similar measures in courts in Singapore, the UK and Canada.

Yuan is the 3rd most powerful currency in the IMF basket, what next?

Yuan is the 3rd most powerful currency in the IMF basket, what next?

Rediff.com10 Dec 2015

For several years the Chinese authorities have been taking steps to internationalise the use of the yuan.

India asks US court to reject Cairn's $1.2 bn suit

India asks US court to reject Cairn's $1.2 bn suit

Rediff.com17 Aug 2021

The Indian government has asked a federal court in Washington to dismiss Britain's Cairn Energy suit seeking enforcement of a $1.2 billion arbitral award, saying it had sovereign immunity under US law. Cairn had in May asked a US federal court to force Air India to pay a $1.26 billion arbitration award the firm had won in December. The government on August 13 filed a 'Motion to Dismiss' petition in the US District Court for the District of Colombia, saying it lacked subject matter jurisdiction in the dispute between Cairn and the Indian tax authority, according to a filing seen by PTI.

'China will face consequences of misplaced aggression'

'China will face consequences of misplaced aggression'

Rediff.com23 Jul 2020

'We are beginning to see that the rest of the world will not simply accept the domination of one power'

India files appeal against Cairn award in The Hague

India files appeal against Cairn award in The Hague

Rediff.com23 Mar 2021

India is believed to have challenged in a court in The Hague an arbitration tribunal verdict that overturned its demand for Rs 10,247 crore in back taxes from Cairn Energy Plc -- the second time in three months that it has refused to accept an international award against retrospective tax.

Myanmar: India's choices are limited

Myanmar: India's choices are limited

Rediff.com17 Feb 2021

India cannot afford to adopt any coercive measures against the military even if it disapproves the military takeover, notes Dr Rajaram Panda.

How India Can Thwart China-Pakistan Nexus

How India Can Thwart China-Pakistan Nexus

Rediff.com15 Jun 2022

A weaker Russia, a sobered China at a time when Xi Jinping is manoeuvring to protect his third term prospects, a reunited West, a chaotic Pakistan. This is a perfect set of strategic circumstances. It is for India now to consummate this historic opportunity, argues Shekhar Gupta.

Was This The Right Time For Agnipath?

Was This The Right Time For Agnipath?

Rediff.com7 Jul 2022

'Given the possibility that our unstable northern and western borders may become 'live' at short notice, any major systemic change which impacts combat effectiveness should be brought about in a cautious and progressive manner.'

Does IAF Need Eagle II To Take On China?

Does IAF Need Eagle II To Take On China?

Rediff.com5 Apr 2022

The latest avatar of the F-15 is designed to deal with the world's most potent air threats that are emerging from China.

ICC CEO Manu Sawhney sent on 'leave' after internal probe

ICC CEO Manu Sawhney sent on 'leave' after internal probe

Rediff.com10 Mar 2021

International Cricket Council Chief Executive Manu Sawhney has been sent on 'leave' after his conduct came under the scanner during an internal investigation by audit firm PricewaterhouseCoopers and may resign before his term ends.

Modi showcases Buddha outreach with Rajapaksa scion in attendance

Modi showcases Buddha outreach with Rajapaksa scion in attendance

Rediff.com20 Oct 2021

Describing Lord Buddha as the inspiration for India's Constitution even today, Prime Minister Narendra Modi on Wednesday said Buddha resides in the soul of humanity and connects different cultures and countries.

Lakshya Sen enters India Open final

Lakshya Sen enters India Open final

Rediff.com15 Jan 2022

World championship bronze medallist Lakshya Sen entered his maiden World Tour Super 500 summit clash on Saturday with a come-from-behind win over Malaysia's Ng Tze Yong at the Yonex-Sunrise India Open in New Delhi.

China sees red over new US-led Indo-Pacific grouping, calls it 'economic Nato'

China sees red over new US-led Indo-Pacific grouping, calls it 'economic Nato'

Rediff.com24 May 2022

As US President Joe Biden launched a new trade deal with 12 Indo-Pacific nations, including India, to enhance trade, economic and investment opportunities, China, which sees the pact as a threat to its dominance in the region, went on the offensive against it, promising more opening up, while the official media here termed it as "economic Nato".

The bizarre tale of Cairn retro tax

The bizarre tale of Cairn retro tax

Rediff.com6 Mar 2022

The levy of retrospective tax on the UK's Cairn Energy Plc is a tale of bizarre twists and turns that saw its attached shares being sold in May 2018 amid the passing of the baton from a full-time finance minister to interim one and the talks at the highest level to resolve the dispute, to claims that levy of back taxes was a result of an investigation into Panama Papers leak. The government late last month refunded about Rs 7,900 crore it had collected from selling residual shares of the British firm in its erstwhile India unit, seizing dividend and withholding tax refunds, to settle an eight-year-old dispute that had tarred the country's reputation as an investment destination. But, this did not come about easily. For seven years, the establishment vehemently justified in courts and outside seeking of Rs 10,247 crore in back taxes plus interest and penalty from a firm that gave India its biggest onshore oil discovery.

The chinks in India's arbitration laws

The chinks in India's arbitration laws

Rediff.com22 Oct 2020

Treaty

Govt accepts Cairn's offer on retro tax

Govt accepts Cairn's offer on retro tax

Rediff.com18 Nov 2021

Moving quickly towards ending a retrospective tax dispute with a firm that gave India its largest oilfield, the government has accepted Cairn Energy PLC's undertakings which would allow for the refund of taxes, sources said. Meeting the requirements of the new legislation that scraps levy of retrospective taxation, the company had earlier this month given required undertakings indemnifying the Indian government against future claims as well as agreeing to drop any legal proceedings anywhere in the world. The government has now accepted this and issued Cairn a so-called Form-II, committing to refund the tax collected to enforce the retrospective tax demand, two sources with direct knowledge of the development said.