The US president previously offered to mediate between India and Pakistan, a proposal rejected by New Delhi which maintains that there is no role for any third party in bilateral issues.
The Cabinet, chaired by Prime Minister Narendra Modi, allowed contractors to move to the new, speedier arbitration process, approved the release of 75 per cent of the amount in dispute against bank guarantees and provided for a conciliation board comprising independent domain experts in new contracts.
If Modi's truly a reformer and a believer in minimum government, he would bury the Vodafone ghosts now. He would also then go to Bihar, campaigning on his politically controversial reforms. Both will need him to dip deep into his accumulated political capital and risk it, suggests Shekhar Gupta.
Sport minister Tokozile Xasa, who has no direct authority over ASA, said in a statement she was making the instruction after receiving advice from a high-level panel.
Amazon provided mere "lip service" and failed to provide any help to the debt-laden Future Group as the retail major suffered massive setback amid the COVID-induced lockdown and faced possible insolvency or debt restructuring, Future Group's promoters said in a letter to the e-commerce giant. This is the first time Future Group promoters have written to Amazon after the parties were embroiled in a legal battle over the sale of Future's retail assets to Reliance Industries. The letter from the promoters, including Kishore Biyani, was written on December 31. It alleged that Amazon's actions "lacked good faith" during the March to August period, when the group's retail business was severely hit by the lockdown.
A Cricket Australia spokesman said on Wednesday that negotiations had advanced to the "final details" after days of lengthy talks with the Australian Cricketers' Association.
"The CAS Panel found it more likely than not that the origin of the prohibited substance was contaminated beef consumed in a restaurant the day before the test," sport's highest court said in a statement.
The US president made the remarks during his meeting with Pakistani Prime Minister Imran Khan on the sidelines of the United Nations General Assembly session in New York.
The Pakistan Cricket Board is miffed that International Cricket Council chairman Shashank Manohar defended BCCI's decision to not play bilateral series with them during the arbitration meeting on their decision to file a compensation claim of US$ 70 million against the Indian Cricket Board.
A robust dispute settlement system would help the government unlock tax revenues, and also aid ease of doing business.
Italian Premier Matteo Renzi also expressed satisfaction with the Indian Supreme Court's decision.
Observing that the Indian Supreme Court plays the role of a 'counter-majoritarian institution', Justice Chandrachud said it is the duty of the top court to 'protect the rights of socio-economic minorities'.
Vodafone is facing tax liability over its $11 billion acquisition of a 67 per cent stake in the mobile-phone business owned by Hutchison Whampoa in 2007.
The session will begin with the address of the President to the joint sitting of the two Houses on Friday morning followed by the presentation of the Union Budget on February 1.
Sorabjee had been honoured with Padma Vibhushan in 2002 for his defence of the freedom of expression and the protection of human rights.
'The kind of tax which will be generated from the second pillar may far outweigh what we may be losing in the first pillar.'
The Pakistan Cricket Board (PCB) had demanded Rs 447 crore compensation after alleging that the BCCI didn't honour the MoU that required India to play six bilateral series between 2015 to 2023.
He took exception to an "ideological group of people", activists, intellectuals for giving "identification marks" to as to "who is an independent judge" and said that according to them a judge must be necessarily anti-establishment.
Opposition parties on Thursday launched a vociferous attack on the Centre over its handling of the farmers' agitation, callings its dialogues with the protestors 'monologues', even as the ruling Bharatiya Janata Party defended the new laws asserting that its government is committed to the welfare of peasants and increase their incomes.
Sepp Blatter's current ban from the game was due to expire in October but the latest ban of six years and eight months, for ethics code violations, will take effect from that point.
The Centre said it does not object if Grione's bail conditions are relaxed on the same lines as was done in the case of another marine Massimiliano Latorre.
RIL-BP currently produce gas from Dhirubhai-1 and 3 field and oil and gas from MA field, three of the over one-and-half dozen discoveries made in KG-D6 block
The court also asked the government to appraise it of the status of international arbitration proceedings to be undertaken in pursuance of directions of International Tribunal for the Law of the Sea in the matter on April 13, the next date of hearing.
Semenya is appealing the Court of Arbitration for Sport's (CAS) ruling that supported regulations introduced by the sport's governing body, the International Association of Athletics Federations (IAAF). The regulations state that XY chromosome athletes with differences in sexual development (DSDs) can race in distances from 400m to a mile only if they take medication to reach a reduced testosterone level.
RInfra, which is sitting on a debt of over Rs 6,000 crore, has been working towards monetising its assets to reduce debt.
Representatives of the British telecom company on Friday met senior finance ministry officials, in search of an amicable solution.
The London Commercial court has granted Tata Sons a period of 23 days, starting July 27th 2016, to apply to set aside the exparte order
The government, however, amended the tax laws with retrospective effect to undo the Supreme Court judgement and claim taxes.
All Sensex components ended in green, with Bajaj Finserv, HCL Tech, Bharti Airtel, IndusInd Bank, L&T, TCS, ONGC and ICICI Bank, Bajaj Finance and SBI gaining up to 6.64 per cent.
Could get $8.4 per mmBtu from April 2014 by furnishing bank guarantee that would be encashed if D1, D3 gas hoarding proved
Gomathi Marimuthu approaches CAS, appeals against doping ban
Why does the world's fastest-growing major consumer of energy fail to attract investments in oil and gas? This is a question worth pondering after private sector conglomerate Reliance Industries Ltd (RIL) failed to close a $15-billion downstream asset deal with Saudi Arabia's national oil company, Aramco. It's understandable if multi-billion dollar investments in oil and gas projects or deals involving state companies that need to traverse a complex bureaucracy at state and federal levels and the corridors of ministries unravel. However, Mukesh Ambani-run RIL, India's most successful energy company, is not typically known to fumble on closing deals (Ambani closed deals worth around Rs 2 trillion early last year in telecom and retail with blue chip investors).
Beijing now fears that the fallout of the NSG outcome could have an impact on a crucial verdict expected soon from the Permanent Court of Arbitration in The Hague in a case brought by the Philippines concerning China's territorial reclamation activities in the South China Sea.
UK-based Cairn Energy PLC on Wednesday said it has agreed to drop litigations to seize Indian properties in countries ranging from France to the UK as it has accepted the Indian government's offer to settle tax dispute relating to the levy of taxes retrospectively. Meeting the requirements of new legislation that scraps levy of retrospective taxation, the company has 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 now has to accept this and issue Cairn a so-called Form-II, that will commit it to refund the tax collected to enforce the retrospective tax demand.
Trump on Wednesday said in a tweet that he was "ready, willing and able to mediate" between the two countries.
After the club lodged an appeal, CAS confirmed that it had registered the club's appeal.
RUSADA said it disagreed with the World Anti-Doping Agency's (WADA) sanctions
The apex court imposed four conditions on the marine.
Disgraced former FIFA president Sepp Blatter has pledged to accept the verdict as he made his final appeal before the Court of Arbitration for Sport (CAS) against his six-year ban from all football-related activities.
Manchester United are fifth in the Premier League standings with 58 points, one behind Leicester City, who occupy the final Champions League spot with four games to play.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances