Experts say Biyani will now become a contract manufacturer of fashion and FMCG products, with the Reliance group being one of his customers.
Modi's hardline policy towards Pakistan and J&K has created numerous leverages and bargaining positions that New Delhi can bring to the bargaining table and translate into concessions, argues Ajai Shukla.
Vodafone is locked in twin tax disputes with the government.
"This august forum witnessed a new low on its 75th anniversary. The leader of Pakistan today called for those who incite hate and violence to be outlawed. But as he went on, we were left wondering, was he referring to himself?" First Secretary in the Permanent Mission of India to the UN Mijito Vinito said, making India's Right of Reply.
Under pressure from all quarters after Indian men's hockey team chief coach Terry Walsh's sudden resignation because of a "pay dispute", the Sports Authority of India sprang into action with its DG Jiji Thomson assuring that the matter will "resolved" between the aggrieved parties.
Analysts have pointed out that with the dues arising out of the SC judgment there could soon be only two private telcos in the country, and not three - Reliance Jio, Bharti Airtel and Vodafone Idea - as now.
IMF Chief Economist Gita Gopinath also said the pickup in global growth for 2020 remains highly uncertain as it relies on improved growth outcomes for stressed economies like Argentina, Iran, and Turkey and for under-performing emerging and developing economies such as Brazil, India, and Mexico.
After Air India, Britain's Cairn Energy PLC plans to target assets of state-owned firms and banks in countries from the US to Singapore as it looks to ramp up efforts to recover the amount due from the Indian government after winning an arbitration against levy of retrospective taxes. A lawyer representing the company said Cairn will bring lawsuits in several countries to make state-owned firms liable to pay the $1.2 billion plus interest and penalties that are due from the Indian government. Last month, Cairn brought a lawsuit in the US District Court for the Southern District of New York pleading that Air India is controlled by the Indian government so much that they are 'alter egos' and the airline should be held liable for the arbitration award.
The I-T department had issued re-assessment notice in March 2015 to the media group after noting that Rs 642 crore has allegedly not been computed for the tax assessment purposes of NDTV for financial year 2007-2008.
Four Hinduja brothers -- Srichand, Gopichand, Prakash and Ashok -- had in 2014 signed on a document saying the assets held by one brother belong to all, and that each of them will appoint the others as their executors. But now family patriarch Srichand Hinduja, 84, and his daughter Vinoo want the letter to be declared of "no legal effect" and the family's assets be separated as per his wish of 2016.
LVB had faced some serious flak in terms of bad loans, earnings and credit rating downgrades, since 2016.
The new Insolvency and Bankruptcy Code has serious drawbacks, finds out Somasekhar Sundaresan.
The Supreme Court on Tuesday asked the Election Commission to introduce in a phased manner the paper trail in EVMs in the 2014 Lok Sabha elections saying "it is an indispensable requirement of free, fair and transparent" polls which will restore confidence of the voters.
The Sheena Bora murder mystery has seen more twists than a television sitcom. As skeletons continue to tumble out, here are the latest developments in the case.
'So we are missing players. Evin Lewis just decided to push back on a central contract. He is good enough to play Test cricket. So the shorter versions of the game curtail our progress. Having said that, it would be unfair to blame the players for making the choice (of playing IPL). We all want to be financially secure at the end of the day'
The Pakistan Cricket Board on Thursday announced that it would file a compensation case against the BCCI before the ICC Disputes Resolution Committee for India's refusal to play Pakistan in bilateral series.
The Bharatiya Janata Party on Monday said it is concerned over dilution of RBI's autonomy with the passage of a Bill that seeks to create a joint mechanism for resolution of disputes between different financial regulators.
Rohit makes his way back into Test squad for Sri Lanka series
After 16 increasingly frantic days that tried the faith of the financial markets in the United States' institutional soundness, the US Congress has finally agreed on a deal that would postpone a showdown on federal government spending and borrowing for a while.
Based on internal evaluation and legal opinion, the management was of the opinion that the company has the ability to ultimately recover the aforesaid ICDs
Anticipating a sudden and huge crowd in bank branches following the announcement of various measures by the government on Friday, the AIBEA said since the number of employees in bank branches are very few, the crowds can pose a big risk for the bank staff as well as for the customers who might be visiting in large numbers.
India has historically not had a strong compliance mechanism around insider trading. This is in stark contrast to developed countries.
'Even before the outbreak of the flu, it had become clear that the tax revenue numbers for 2019-2020 were overestimated,' observes A K Bhattacharya.
The Bengaluru-headquartered company said the 'draft assessment order' from tax authorities for 2008-09 fiscal has arised primarily due to denial of deduction under section 10A of the Income Tax Act, 1961, in respect of profit earned by its undertaking in the Software Technology Park at Bengaluru.
The defence minister has to correct a major asymmetry. Will his discipline come in the way?
'We have learnt lessons from Mamata Banerjee who overcame the BJP's canard by reciting Chandi Path and playing up her Brahmin origins in her campaign. We need to adopt strategies like asking Muslims to lie low and distributing tickets prudently so that we are not accused of favouring one community.' Radhika Ramaseshan reports.
Consumer loans or personal continue to record the highest fraud incidence.
The apex body also wants to bring in systemic reforms, especially to redress grievances of the small taxpayers such as - increased automation of the processes, e-filing, centralised processing of the tax returns and other bulk operations.
The US launched an investigation, focusing on whether the tax in India and other countries discriminated against American companies, were retroactive, and reflected unreasonable tax policy.
Courts in five countries including the US and the UK have given recognition to an arbitration award that asked India to return $1.4 billion to Cairn Energy plc - a step that now opens the possibility of the British firm seizing Indian assets in those countries if New Delhi does not pay, sources said. Cairn Energy had moved courts in nine countries to enforce its $1.4 billion arbitral award against India, which the company won after a dispute with the country's revenue authority over a retroactively applied capital gains tax. Of these, the December 21 award from a three-member tribunal at the Permanent Court of Arbitration in the Netherlands has been recognised and confirmed by courts in the US, the UK, Netherlands, Canada and France, three people with knowledge of the matter said.
The government has sent show-cause notices to 5 telecom firms including Reliance Communications and Tata Teleservices for alleged understatement of revenues of over Rs 10,000 crore.
'If a 'two-front war' develops, Iron Brother may only turn out to be a drag on the PLA, since Pakistan is in no position to wage a war with India,' argues Ambassador M K Bhadrakumar.
The time is ripe to extend the confrontation with the Chinese to the maritime domain, says former RA&W officer Krishan Varma.
'If you are a smoker, you should not provide misleading information to the insurer about your smoking habit in the insurance proposal form,' advises Pankaj Razdan.
A realistic assessment will tell us that not much has changed between India and Pakistan; the relationship remains as fraught as before with little prospect of reconciliation, notes Ajai Shukla.
The land acquisition, the consolidation process in Kot and a slew of other decisions by the Haryana government to open the hills to privatisation and commercial activity run contrary to court orders, environmentalists' demand, and at times the Union government's measures to protect the Aravalli hills, say Nitin Sethi & Kumar Sambhav Shrivastava.
The two remaining India-South Africa ODIs in Lucknow and Kolkata were on Friday called off owing to the coronavirus pandemic after the visiting players "expressed unwillingness" to continue in view of the rising positive cases in the host country. The game in Lucknow was scheduled to be held on Sunday, while the Kolkata ODI was meant to be on March 18.
On October 18, the apex court had directed Karnataka to keep supplying Tamil Nadu with 2,000 cusecs of water till further orders.
At the heart of the disagreement is a 1,000-acre land parcel, part of the 3,400 acres owned by the family in Vikhroli, a northeastern suburb of Mumbai.
Ahead of the annual session of the United Nations General Assembly, India on Monday said its focus at the high-level meeting will be terrorism, UN Security Council reforms, managing the global financial system, Palestine and piracy.
