A day after Indian Olympic Association secretary-general Randhir Singh warned of serious repercussions on disbanding of some important committees, the apex sports body said it will soon set up the Ethics Committee and Arbitration Commission.
Move came in the wake of government's refusal to settle the dispute through arbitration over recovery of cost incurred by the company.
Zimbabwe's rebels will renew their boycott if the board does not agree to arbitration on the captaincy and other concerns.
The hearings at the Lausanne-based Court of Arbitration for Sport (CAS) are expected to run until Friday. The court said it was unclear when a ruling might be rendered.
Domestic bourse BSE has approved the acquisition of a 50 per cent stake in index provider Asia Index (AIPL) from equal joint venture partner S&P Dow Jones (SPDJ) Indices for Rs 30 crore. AIPL, the index provider, is responsible for compiling and maintaining the widely followed Sensex, Bankex, and other indices. Passive funds with assets of nearly Rs 2 trillion are benchmarked with indices provided by AIPL.
The government has replied to Vodafone's notice that threatened international arbitration, saying there was no cause of action. It may send a reply and a tax notice to the company after the Finance Act is notified in the official gazette.
Complying with the directives of the International Olympic Committee, the IOA on Monday constituted the Indian Court of Arbitration for Sports to settle all sports-related disputes in the country.
The Delhi high court (HC) division Bench on Thursday sought a response from Reliance Industries (RIL) and others regarding the government's appeal against the Mukesh Ambani-owned conglomerate and others for fraudulently and unjustly enriching themselves by draining gas from their deposits, amounting to over $1.5 billion. The Centre had appealed against the single-judge Bench order of the Delhi HC on May 9, which had dismissed its petition. Justice Anup Jairam Bhambhani had upheld the international arbitration award of July 24, 2018, in favour of the RIL-led consortium. The consortium includes UK-based BP Plc and Niko Resources of Canada.
e metal and mining group is also hopeful of taking forward the process to buy government's residual stake in another erstwhile PSU Hindustan Zinc Ltd.
Saturday's Quad meeting in Delaware is taking place against the backdrop of China's assertive behaviour in the South China Sea, its sabre-rattling in the Taiwan Strait and increasing footprints in the Pacific and Indian Ocean, asserts Rup Narayan Das.
West Ham United will know later on Friday whether Andy Carroll will have to complete a three-match suspension after the English FA agreed to an arbitration hearing following a failed appeal against his red card in a Premier League match last week.
The government said on Tuesday that a speedy dispute resolution mechanism is a prerequisite for attracting foreign direct investment and asked consultants to make realistic project evaluation for timely completion of projects.
If CAS rules in Vinesh's favour, she will be awarded a joint-silver in the women's 50kg freestyle category.
The Pakistan Cricket Board (PCB) lifted Shaoib Malk's 12-month ban for ill-discipline on Saturday, making the former captain available for selection to the national team.
The Board of Control for Cricket in India rejected the Sahara Group's claim that it failed to expedite the arbitration process to reduce franchisee fee, saying it acted as per rules and is not responsible for the situation.
Thousands of workers of every description -- from journalists to steel workers, from painters to New York cops, from auto to engineering workers -- marched for two hours down 5th Avenue one of Manhattan's most iconic thoroughfares, reports Jyoti Punwani.
'A lot of them are converted to other tokens, and since crypto is dealt with internationally, it can go to any exchange in any country.'
An independent judge will decide whether the disgraced cricketer can play in charity and testimonial matches.
A market-based gas pricing regime is to kick-in from next month.
In February, the Supreme Court had cancelled 122 telecom licences. Many of these belonged to foreign companies or companies with foreign investors.
The government, however, amended the tax laws with retrospective effect to undo the Supreme Court judgement and claim taxes.
ABG close to winning bid for container-handling berth at Haldia.
Unitech has already got a stay on the rights issue from the Gurgaon district court, while Telenor's appeal against this decision has been declined by the Punjab and Haryana high court.
Telenor 'yet again surprised', says will challenge order in a higher court
'People don't know about the immense pressures that come with this position -- every decision a judge takes affects real people and their lives.' 'This is not a job that one can take lightly.' A
Recently, the government had appointed former Chief Justice of India R C Lahoti as arbitrator in the tax dispute case.
The Board of Control for Cricket in India on Wednesday indicated it will appeal against former Chief Justice of India R C Lahoti's report that went in favour of Kochi Tuskers, the erstwhile Indian Premier League franchise whose contract was terminated by the Board in 2011 because of an alleged breach of contract.
'A player cannot declare herself unfit or sick. This has to be certified by the tournament doctor.'
'Shameful action by the chief arbiter Marghetis towards me during the game. Middle of the game during the most intense moment when I was walking during Ian move... he came to me and told me not to walk anymore because my shoe is making noise on the wooden floor.'
Infosys had earlier requested the court to decide the case filed by its former employee Jack Palmer on the alleged B-1 business visa misuse by an arbitrator instead of a judge or a jury.
V N Khare and S P Bharucha, both once Chief Justices of India, have been appointed to the arbitration panel to resolve the issue of sale of the government's residual 49 per cent stake in Bharat Aluminium Company to Sterlite Industries.
From bitter fights to dope shame, Indian Olympic team's tryst with controversies
The 2008 deal agreement contains provisions of arbitration to be held in that country.
The Delhi high court has rejected a government challenge to an arbitration panel award that had ruled in favour of Reliance Industries Ltd in a dispute over gas migration from fields operated by state-owned ONGC in the KG basin. The government had slapped a provisional penalty of $1.55 billion on Reliance for "unjust enrichment" from gas migrating from the ONGC-operated KG-D5 block to the private firm's adjoining KG-D6 area. It had sought $175 million in additional profit petroleum from Reliance and its UK partner BP Plc.
Dutch subsidiary Vodafone International Holdings BV on Tuesday severed a notice of dispute on the Indian government regarding proposals in the Finance Bill 2012 which it claimed violated the international legal protections granted Vodafone and other international investors in India.
Vinesh Phogat is a reminder that true champions are not just defined by their medals but by their character and their impact on society.
The Supreme Court junks technicalities in international arbitration agreements.
India on Thursday said it cannot be compelled to participate in "illegal" proceedings at the Permanent Court of Arbitration over the Kishenganga and Ratle hydropower projects in Kashmir after The Hague-based tribunal ruled that it has the "competence" to consider the dispute between New Delhi and Islamabad on the matter.
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