In a late-night hearing on Tuesday, the Karnataka high court upheld an order of the Dharwad municipal commissioner allowing the Ganesh Chaturthi festival to be held at the Hubballi Idgah Maidan.
Despite enduring a weak first quarter of the 2023-24 financial year (Q1FY24), Power Grid Corporation (PGCIL) has laid out an ambitious capex plan going forward. It is looking to invest around Rs 1.8 trillion on an existing asset base of Rs 2.7 trillion to aim at keeping over 50 per cent market share in the transmission market. This includes opportunities from the Rs 2.4 trillion green energy corridor.
Supreme Court had on October 24 upheld government contention that non-core revenue in telecoms groups should be included in adjusted gross revenue. According to DoT's calculations, Bharti Airtel faces a liability of around Rs 42,000 crore after including licence fees and spectrum usage charges while Vodafone-Idea may have to pay about Rs 40,000 crore.
Vodafone's operating loss from India business jumped to 692 million euros in April-September from 133 million euros in the same period last year.
During a series of hectic talks between Cairn Energy and the Indian government over the $1.2-billion arbitration award in favour of the former last week, a slew of options was proposed by the two sides, including computation of capital gains and participation in the Vivad se Vishwas (VsV) dispute resolution scheme. The government is likely to go ahead and appeal against the arbitration award by a Permanent Court of Arbitration at The Hague before March 21, indicated finance ministry officials. Cairn Energy Plc on Sunday said it was hopeful that an acceptable solution to its tax dispute with the Indian government could be found to avoid prolonging and exacerbating the 'negative issue' for all parties.
Treats gains on sale of as capital gains, not business income, spares him from huge tax liability.
'What is taught here is a mockery of the English language.'
'India's edtech and start-up story will be in danger.'
Extending the deadline for the third time, the government on Wednesday allowed individuals to file income tax returns for 2019-20 fiscal till January 10. The deadline for companies and individuals who need to get their accounts audited too have been extended by 15 days till February 15, the finance ministry said in a statement. The due date for filing income tax return (ITR) by individuals and companies was December 31, 2020, and January 31, 2021, respectively.
In a setback to telecom service providers, the Supreme Court on Thursday allowed the Centre's plea to recover adjusted gross revenue (AGR) of about Rs 92,000 crore from them.
Paris St Germain and Brazil forward Neymar has been ordered to pay his former club Barcelona 6.7 million euros ($7.51 million) after losing a lawsuit over an unpaid bonus, the Spanish champions said in a statement on Friday. Neymar moved from Barca to PSG for a world record fee of 222 million euros in 2017 but took the La Liga side to court over the terms of the last contract he signed with them a year earlier, claiming he was entitled to 43.6 million euros.
The life insurance kind of 'statutory nomination', which confers final ownership on the nominee, is the need of the hour for all assets, suggests Harsh Roongta.
Oil India and other PSUs had filed clarificatory /modificatory petition before the Supreme Court. These companies own and operate telecom networks though they do not provide telecom services.
Lionel Messi was seen smiling as he and his fellow players worked through persistent rain at the club's Joan Gamper training complex under the orders of new coach Ronald Koeman.
Airtel, Vodafone-Idea and other telecom operators may have to pay the government a whopping Rs 1.42 lakh crore following the Supreme Court order last week that sent shock waves through an industry already grappling with billions of dollars in debt and an intense tariff war to retain customers.
11 categories of industries will be exempt from the Madhya Pradesh Industrial Relations (MPIR) Act of 1961. This includes textile, leather, cement, iron and steel, electrical goods, sugar, electricity, public motor transport, engineering including manufacture of motor vehicles, among others.
The protracted disagreement between Cardiff City chairman Vincent Tan and manager Malky Mackay reached its inevitable conclusion on Friday when the Scot was sacked seven months after winning promotion to the Premier League.
Political rhetoric ahead of Presidential elections in US is denting trade ties.
The Pakistan Cricket Board has paid the BCCI approximately $1.6 million as compensation after losing the case in the ICC's Dispute Resolution Committee, PCB chairman Ehsan Mani claimed.
Gaurav Mohta, chief marketing officer, Home First Finance Company, answers home loan queries.
'Appellants may not lap up the scheme because, first, to do so would amount to admission of guilt, and second, they may have smelled victory before higher appellate forums,' notes S Murlidharan.
The BCCI, on the other hand, has been asked to pay 40 per cent of the administrative costs and expenses of the DRC. The judgement did not specify the exact amount that was claimed by the Indian Board.
Barcelona announced the signing of Griezmann this month for 120 million euros
The Department of Telecom has worked out a one-time spectrum charge of over Rs 2,060 crore to be levied from operators for the period they remained in business after their licences were cancelled in February last year, sources said.
Messi had failed to turn up to the club's tests for COVID-19 eight days ago and been absent from all subsequent sessions ahead of the new campaign after giving the club an official notice that he wished to leave.
Amid rising consumer complaints, the Central Consumer Protection Authority (CCPA) on Monday barred hotels and restaurants from levying service charge automatically or by default in food bills and allowed customers to file complaints in case of violation. The CCPA has issued guidelines for preventing unfair trade practices and violation of consumer rights with regard to levying of service charge. "No hotels or restaurants shall add service charge automatically or by default in the bill," CCPA chief commissioner said in the guideline.
The PCB said they were "disappointed and dismayed" with the behaviour of Faulkner, who also played in the Abu Dhabi leg of the PSL last year.
Liquor tycoon Vijay Mallya on Friday made an urgent application before the UK High Court seeking access to millions of pounds to cover his living expenses and legal fees from funds held with the Court Funds Office as part of bankruptcy proceedings, initiated by a consortium of Indian banks led by the State Bank of India. Deputy Insolvency and Companies Court Judge Robert Schaffer declined to allow a draw down from the court-held funds of an estimated amount of around 1.5 million pounds, accrued from the sale of Mallya's French luxury property Le Grand Jardin earlier this year, until further arguments in the case. However, he did allow the release of 240,000 pounds plus VAT to cover the legal costs of a substantive hearing in the bankruptcy proceedings scheduled for next Friday.
India asks for consultations on rise in professional visa fee that hurts IT companies' interests
Sachin Tendulkar has decided to settle his lawsuit against bat-maker Spartan in the Federal Court of Australia after the company apologised for "breach of contract". In 2016, Tendulkar entered into a worldwide exclusive sponsorship agreement with Spartan to promote its sporting goods and sportswear.
Supreme Court on Tuesday upheld a Telecom Dispute Settlement Appellate Tribunal order directing the Government to refund the interest on licence fee collected by it from four operators
Long before she won royalty rights for playback singers, there was an undisclosed incident in Lataji's life where she not only put a male colleague in place, but also refused to sing with him thereafter.
Since the bankcuptcy law came into effect from December 2016, with every quarter, the recovery rate has progressively been going down, notes Tamal Bandyopadhyay.
According to a report in 'ESPNcricinfo', the players are likely to meet with Bangladesh Cricket Board (BCB) officials later on Wednesday.
A three-member NCLAT bench set aside an earlier order passed by the Kolkata bench of the NCLT and asked the interim resolution professional (IRP) to handover all the assets and records of the company to its board.
The Sahara Group on Wednesday accused the BCCI of "betrayal of trust" while rejecting claims of the Board that the IPL team is to be blamed for the controversy surrounding the franchise fee, leading to Pune Warriors pulling out of the Twenty20 tournament.
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.
The threat of West Indies being forced to field a second string side at the World Twenty20 was averted on Sunday when 12 of 13 players in the original squad signed the contracts which had caused a standoff with the board.
As metros are more or less saturated, telcos may be forced to look at smaller cities for growth.
