Cos ask US treasury to discuss data localisation norms with Indian officials at all platforms the two countries would meet, including G-20, US-India Strategic Dialogue, and IMF Annual Meet.
'There is a law that prevents the government from diluting its equity in the PSBs below 50 per cent.' 'That law has to be amended and given the parliamentary arithmetic of the political parties, it is not as simple to do that.'
The agency is also investigating the overall financial structure of Kingfisher Airlines.
'Put the assets of PMC Bank and the personal assets of the HDIL promoters and head of PMC Bank in an escrow account and ring-fence it from the ad hoc action of the revenue departments and creditors,' recommends Debashis Basu.
The United States has said that in-person registration of domestic workers of foreign diplomats would be mandatory, an apparent fallout of the arrest of Indian diplomat Devyani Khobragade over alleged misrepresentation of the salary paid to her maid.
Spare the serious entrepreneurs but don't allow the rogues to use the shield of secrecy, writes Tamal Spare the serious entrepreneurs but don't allow the rogues to use the shield of secrecy, says Tamal Bandyopadhyay.
'On Saturday, I drove my wife over to Beverly Hills for sushi.' 'Two blocks before Rodeo, we turned the car around, because we saw hundreds driving pickup trucks and marching down sidewalks, yelling, donning MAGA gear, and waving huge Trump flags.' I tell you... It was scary.' 'And this didn't look like a defeated throng.' 'These folks looked like they knew something we didn't,' notes Rajiv Satyal, the Los Angeles-based comedian and host.
Enforcement Directorate to approach court to attach industrialist's properties worth Rs 4,000 crore
The Rs 5,600-crore (Rs 56 billion) NSEL scam could have been averted had its top management and other functionaries "performed their duties and exercised due diligence" to check the dubious activities of defaulting firms which have been alleged to have cheated numerous investors, investigation by Enforcement Directorate (ED) has revealed.
It will allow more transparency in policies and flexibility in premium payment, besides improving processing of claims.
Indian diplomat Devyani Khobragade's status as a "Special Advisor" to the UN entitled her to diplomatic immunity from prosecution at the time of her arrest last year on visa fraud charges, according to a letter from the United Nations.
An official request has been made to the CBI to get a notice issued through its Interpol wing
The RBI on April 6 directed all payments service providers to make sure "that the entire data relating to payment systems operated by them are stored in a system only in India."
The assets mentioned in the Sebi order are already in possession of the ED for violation of an anti-money laundering law by Mallya and PMLA overrides all other laws, providing ED first right over the assets.
In a major crackdown on domestic shell companies, the government on Friday decided to take "harsh punitive" action, including freezing of their bank accounts used to launder money or evade taxes.
The no-confidence motion against the government could not be introduced amid the din in the Lok Sabha.
'We have set out a timetable to reduce income tax rates for all incomes below Rs 50 lakh, and to progressively eliminate the surcharges on income above Rs 50 lakh, by 2024.' The Budget speech past CII president Naushad Forbes wants to hear.
The Parthasarathy Shome committee gives its second reform report to finance ministry.
The agency on Friday also carried out searches on the premises of the Gitanjali Group at 20 places in Mumbai, Pune, Surat, Jaipur, Hyderabad and Coimbatore.
Crypto-assets are essential to blockchain technology, which has the potential to be one of the next major growth drivers for the software ecosystem in India. A prohibition would nip this opportunity in the bud, say Vaibhav Parikh and Jaideep Reddy.
The current H-1B minimum wage of USD 60,000 was established in 1989 and since then has remained unchanged.
Enforcement Directorate is seeking to invoke the India-United Kingdom Mutual Legal Assistance Treaty to extradite Mallya from Britain
He also attacked Modi on the CBSE question papers leak and on the 'leak' of assembly election date for Karnataka, saying Modi was silent on these issues too.
ED had arrested group chairman Gautam Kundu on March 25.
'India's reputation is not and cannot be dependent on the whimsical opinions of some obscure foreign advisory committee packed with Hindu-phobic acolytes,' declares Vivek Gumaste.
The cash crunch following demonetisation and transaction fees that do not cover costs are among the reasons why the sector is struggling.
Big data analytics is an expertise that offers actionable insights and is a confluence of a host of specialisations, including mathematics, science and social sciences.
The Enforcement Directorate in October last year had filed the complaint against Raju and 212 others, including 166 companies, before the XXI Additional Chief Metropolitan Magistrate Court cum Special Sessions Judge here for allegedly laundering funds under a 'corporate veil' to perpetrate the accounting scam that rocked the business world in 2009.
Official is accused of taking a bribe of Rs 2 cr to issue order in an appeal favouring Balaji Trust
Mallya remains elusive to India as the United Kingdom informed the government that they cannot comply with their request to deport him
According to the EY Global Information Security survey, companies are lacking agility, budget and skills to mitigate known vulnerabilities
Laid to Rest: The controversy over Subhas Chandra Bose's death, a book published by Bose's great nephew Ashis Ray, reveals how we've always known the truth, notes Karan Thapar.
ED's zonal office in Mumbai, they said, is preparing legal papers to take the next step in the wake of Mallya skipping the third summons that required him to "personally" join investigations on April 9.
Sibal said the party will certainly move the court if amendments in the Aadhaar Act to be brought after this verdict are not brought in Rajya Sabha for discussion.
No one knows where billionaire Nirav Modi emerged from. What is known is that when he came (back) to India, he cut his teeth in the diamond business under the tutelage of his jeweller uncle. Then he began to build a glittering international brand. Soon even Hollywood stars like Kate Winslet and Dakota Johnson were walking the red carpet showing off Nirav Modi jewels.
Indian diplomat Devyani Khobragade has moved a federal court here to dismiss the visa fraud case against her, saying there is lack of personal jurisdiction since she had been accorded full diplomatic immunity by the US Department of State.
For stressed loans, the need is to prevent disruption in cash flows from a systemic perspective, conserving employment and assets in untainted enterprises with the potential for recovery, says Shyam Ponappa.
As many as 68 artworks went under the hammer on Tuesday evening and included works by the greats like Raja Ravi Varma, V S Gaitonde, F N Souza, Jogen Chowdhury, and Akbar Padamsee among others.
Every online user must put these additional security layer in place to prevent theft of their online identities and vital information like user IDs and passwords
The ED's fresh chargesheet against Mallya and his firms is likely to pave the way for him to be declared "fugitive" under a new Indian law.
