The Insolvencies and Companies Court of London high court on Monday declared fugitive business baron Vijay Mallya a bankrupt person as per UK laws. Legal experts explain what this means for 65-year old Mallya's personal liberties, his legal battle against extradition to India to face trial, and for the consortium of Indian lenders - at whose behest the bankruptcy proceedings were initiated in the UK courts.
The public gained its first access to the Panama Papers records of over 200,000 secret offshore companies when the ICIJ put a searchable database online earlier Monday.
The United States, the United Kingdom, the European Union and NATO have expressed concern on the new law and warned of retaliatory measures.
All entities operating in India must fully comply with relevant laws, External Affairs Minister S Jaishankar Wednesday told his British counterpart James Cleverly, who raised the BBC tax surveys issue during a meeting with him.
The MP for Richmond in Yorkshire, married to Murthy's daughter Akshata, first entered the UK Parliament in 2015 and has fast risen up the Conservative Party ranks as a staunch Brexiteer who had back Johnson's strategy to leave the European Union.
A list of watchable Hindi legal shows and films on OTT, in order of release.
A gay couple has moved the Supreme Court of India seeking legal recognition of same-sex marriages under the Special Marriage Act and to issue appropriate directions to the authorities concerned to allow them to solemnise their marriage.
Ben Stokes came up with a witty response after an Australian newspaper ridiculed him following the controversy over Jonny Bairstow's dismissal in the Lord's Test.
Unlike Israeli company NSO, whose sale of Pegasus cyber tech grabbed worldwide attention, and other manufacturers of offensive-cyber products, Cellebrite operates in a grey area between security exports and civilian ones.
The onus of the tax dues of Rs 22,100 crore on Vodafone India's British parent could also fall on the merged entity.
Dr Kissinger died on Wednesday at his home in Connecticut.
Tax exemption for future global cricket events in India has once again become a bone of contention between the BCCI and ICC as the former gears up to host the 2021 T20 World Cup and the ODI World Cup in 2023. The ICC and BCCI have had a long standing feud on tax exemptions since the 2016 World T20 in India.
Clifford Chance, the world's largest law firm, announced an alliance with leading Indian counterpart AZB on Wednesday as global legal practices try to gain access to the country's burgeoning cross-border market
The Oxford University and Stanford MBA graduate co-founded a 1-billion-pound global investment firm and specialised in investing in small British businesses
Refusing to respond to questions on the evidence of Canadian allegations, Sullivan said he is not going to speak to either intelligence or law enforcement matters from this podium.
World leaders condemned the ghastly attack on Israel by Hamas terrorists.
The Congress on Wednesday said the Supreme Court judgment on certain matters relating to transactions by the Adani Group has proven to be 'extraordinarily generous' to Securities and Exchange Board of India (SEBI) and asserted that the party's fight against crony capitalism and its ill-effects on prices, employment and inequalities will continue.
A job advertisement by a US IT major seeking someone "preferably of Indian origin" has sparked a racism row in London with the equality watchdog accusing the firm of violating British laws.
With a pathological liar and poseur at the centre of the show and in practically every frame, one can't help but wonder what the makers were thinking, notes Deepa Gahlot. Good Bad Girl Review
It says the move builds on action taken last year to halt the installation of new equipment on the government estate and will provide "reassurance" that departments are removing surveillance equipment from sensitive sites.
One of the high points of the proceedings was when Indrani Mukerjea's lawyer smartly utilised Dr Zeba Khan's expert status to pose her A Most Curious Question. He asked her if a skull can grow new teeth, even after the person, who it belonged to, had died, three years before. We can be sure that the discrepancy between the number of teeth discovered in the skull unearthed in 2012 and the skull shown in court in September 2019 will come up soon in Courtroom No 51. Vaihayasi Pande Daniel reports from the Sheena Bora Murder Trial.
Was descending into the telling of only Diana's tale in four long, slightly-draggy soap-opera-ish episodes of the last season the original premise of The Crown? asks Vaihayasi Pande Daniel.
Becoming the first casualty of the Panama Papers scandale, Iceland's Prime Minister Sigmundur David Gunnlaugsson resigned on Tuesday.
Pakistan cricketer Mohammad Asif has been released from jail after serving half of a 12-month sentence in the United Kingdom for his role in the spot-fixing scam. The 29-year-old former world No 2-ranked Test bowler was freed from Canterbury Prison in Kent on Thursday morning.
Formula One world championship leader Nico Rosberg's contract with the Mercedes team has shown up in the Panama Papers, leaked documents which reveal offshore financial dealings, German broadcaster ARD reported on Monday.
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.
A British legal expert has said that if the Scotland Yard police decides to lodge a case against Pakistan's alleged 'spot-fixers', it would possibly falter amid the vagaries of the courts.
He also claimed that even the news report had not suggested any wrongdoing on his part.
Unfazed by the protests against the Act, Shah challenged protesters to oppose the legislation as much as they can. He also asked students who are opposing the legislation to read it properly and understand its meaning.
Rishi Sunak, Sailesh Vara and Suella Fernandes were the three new Indian-origin MPs to be inducted into the Theresa May govt.
The company said the dress code issue involving Thorp at its central London office was "not a PwC policy".
Reliance Industries, which sold stake worth $21.7 billion in Jio Platforms, kept the league tables moving in spite of the pandemic.
Pratinav Anil is able to foresee some agency and assertion on the part of India's Muslims. His hope emanates from the citizenship rights movement of Muslims in 2019-2020, notes Mohammad Sajjad.
Vodafone further said it has "always been confident" that no tax is due on the company. The government in August enacted a law to end all retrospective taxation imposed on indirect transfer of Indian assets. The rules under the law seek to withdraw tax demands made using a 2012 retrospective legislation to tax the indirect transfer of Indian assets and also refund the amount paid in these cases without any interest. Asked if the company has filed an application with the Indian government to settle the retrospective tax dispute, a Vodafone spokesperson said, "We can confirm we have filed an application".
Bhima Koregaon represents what the government can do in India against well meaning people who speak up against atrocities, who stand up for the weak and the dispossessed and for this reason alone as seen as enemies of the State and kept in prison for as long as the government can manage. So long as the rest of us do not speak up against this misbehaviour by the State, so long as we forget about those who have been made its victims, this behaviour will continue, asserts Aakar Patel.
The company denies any wrongdoing, but says that the negative media coverage has left it with no clients and mounting legal fees which has forced it to resort to closure.
In his annual Vijayadashmi address, the RSS chief also spoke about "urban maoism", the Sabarimala row and the need to strengthen the country's borders.
The searchable database built on just a portion of the documents leaked from the Panama law firm Mossack Fonseca reveals more than 360,000 names behind the shell companies.
While most banks in India store all this data on Indian servers in their core banking systems, the current directive addresses new-age payment and fintech companies operating in the space
