The order in favour of Vodafone is being considered significant because some domestic companies too are involved in similar transfer pricing cases.
Construction major L&T was the biggest gainer among the Sensex components, spurting 2.30 per cent, after the company said its board has approved a Rs 9,000-crore share buyback plan.
Instead of mechanically consolidating all labour laws into one, provisions of all labour laws should be relooked in terms of their substance. The irrelevant and archaic provisions have to be fixed, says Aparajita Gupta.
Chandrayaan-3's success is a must for India's space ambitions; we can't afford to lose out. And for realising our space dreams, the Indian private sector must be encouraged because if we lose this race, the moon, Mars, and mineral-rich asteroids will already be crowded before we reach there.
Investors went looking for bargain in banking, oil and gas and auto stocks.
The Indians felt that if they acceded to Chinese claims in Ladakh, Beijing would simply be emboldened to press for further concessions in the future. A revealing excerpt from India And The Cold War.
Four Canadian ministers of Indian origin are traveling with Prime Minister Trudeau.
Vijay Keshav Gokhale's tenure as foreign secretary promises to guide India's external affairs along paths never taken before, says K P Nayar.
The meeting, which comes after the Doklam standoff, is aimed at a working a new paradigm for the bilateral relations for the next 15 years.
Micromax accounted for 22 per cent of smartphone sales in India
'India is not the India of 1962. We are not carrying that baggage of history anymore.'
When China protested strongly over the August decision on J&K -- not once but twice -- we ignored it. And to compound matters, we simply turned our back and walked over to the 'Quad' alliance with the US, upgrading it to ministerial level, and thereafter began following the American footfalls on Taiwan and COVID-19 to taunt and humiliate Beijing, observes Ambassador M K Bhadrakumar.
Nokia is keen to shift its Chennai plant to Vietnam.
"A police team left for UP to trace the culprits, as it suspects that they must have fled to that state," a senior police official said on Monday.
Ahead of Budget, the Finance Ministry on Friday assured the global investor community of a simple and predictable tax regime.
'Modi skillfully navigated Trump's ego and pushed the right buttons.' 'Critics assailed Modi's speech for its personalism, but in the Trump era this is par for the course.'
By no means do economists see the Reserve Bank of India stop at just a 25-bp cut. Some of the economists such as Soumyakanti Ghosh of State Bank of India are of the firm view that rates have room to fall by a total of 75 bps in the current financial year, starting with 25 bps in the August 7 policy.
While the proposed law will remain "non-bailable'', the accused can approach a magistrate even before trial to seek bail.
Rajasthan Cricket Association president Lalit Modi got a shot in the arm as the Rajasthan High Court dismissed the BCCI petition challenging the civil suit filed by the state cricket body on ground of jurisdiction. The BCCI wanted the civil suit to be shifted to either Chennai or Mumbai and had argued that Rajasthan had no jurisdiction. Suspended IPL commissioner Modi, who is facing a life ban from BCCI, was elected president of Rajasthan Cricket Association in the elections held in December 2013 despite threats from the apex body. After a legal battle the Supreme Court had allowed Modi to contest elections in the light of the Sports Act prevailing in Rajasthan but also gave a green signal to BCCI to take action against RCA as per its own bylaws.
Falling jet fuel prices and a revival in domestic traffic growth offer the new CMD a once in a lifetime opportunity.
'The world does not care about the tension on our border.' 'India has to emerge as a strong economic power.' 'Respect comes when the world sees a country with a direction and leadership that has a vision,' points out Ramesh Menon.
Fabio Capello has signed a new four-year contract to extend his stay as Russia coach until after the end the 2018 World Cup, the Russian Football Union said on Friday.
Cricket Australia termed 'arrogant' and 'controlling' in stinging review report
Vodafone pleaded in High Court that IT department had no jurisdiction in the transfer pricing case because the said transaction was not international and did not attract tax.
The only novelty in School Bus is the much publicised casting of Kunchakko Boban as the cop investigating the case of the missing child, writes Paresh Palicha.
Flexing its muscles over Taiwan, China on Monday sailed its aircraft carrier close to the estranged island amid tensions with the US following President-elect Donald Trump's telephone call with the Taiwanese president.
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The impasse between the Rajasthan Cricket Association and the Board of Control for Cricket in India is likely to continue as the District Judge, Jaipur (city) has set September 11 as the next date of hearing.
Under the amended treaty with Mauritius, for two years beginning April 1, 2017, capital gains tax will be imposed at 50 per cent of the prevailing domestic rate.
'From the investor's point of view, a real change would happen only when business environment in all our states qualitatively improves,' says NITI Aayog Vice-Chairman Rajiv Kumar.
The better performing states throw up more employment opportunities including at unskilled levels.
Refreshed Australia pace spearhead is confident of regaining his rhythm quickly for the Champions Trophy after being sidelined nearly three months with a foot injury.
The Iranian woman's football captain, Niloufar Ardalan, will miss the Asian Cup tournament as her husband has confiscated her passport in a domestic quarrel.
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Pakistan's powerful Army Chief Gen Raheel Sharif has described Kashmir as the "jugular vein" of his country, saying the issue should be resolved in accordance with the wishes of Kashmiris and in line with UNSC resolutions for lasting peace in the region.
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The Chennai plant may be excluded from software giant Microsoft's acquisition of Nokia's handset business for 5.4 billion euros due to tax issues.
Finance minister tries to put house in order before reforms are unveiled in February.
Global rating agency Standard & Poor's said the government's decision to increase domestic gas prices is likely to benefit two major gas producers Oil and Natural Gas Corp (ONGC) and Reliance Industries Ltd (RIL).
The prime suspect in the Mumbai double murder case of well-known painter Hema Upadhaya and her lawyer was today detained by Uttar Pradesh Special Task Force in Varanasi.
China continues to hold out on fingering Pakistan as the 'mothership of terror,' declaring Masood Azhar a terrorist at the UN, and India's membership of the NSG, says China expert Srikanth Kondapalli.
A 48-year-old man from Bridgewater, New Jersey, was charged with murder last week for allegedly strangling his estranged wife with a rope.
Finance firms in these SEZs likely to get tax breaks.
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