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.
Football fans worldwide back points deductions for racism at matches
India's largest IT company Tata Consultancy Services will consider acquisitions in Europe and plans to increase headcount at its Latin American and Chinese operations to 1,000.
Even as domestic passenger car sales declined 29.4 per cent between April and August this year, exports grew 6.5 per cent, partially cushioning the blow from slowing sales.
Elections for the five non-permanent members of the 15-nation Council for the 2021-22 term will be held around June next year.
The World Trade Organisation agreed on Monday to an Indian demand for a probe into special trade deals granted by the European Union to countries fighting drug trafficking.
India on Monday unveiled a roadmap to step up trade with Latin American countries by ten times to over $22 billion in the coming years.
Banking software company i-Flex Solutions on Thursday said it will open a development and support centre in Chile.
The Cuban men's volleyball team will compete in the Rio Olympics despite the detention of six of its players in Finland over a suspected aggravated rape, an official at the National Sports Institute (INDER) said, according to website Cubadebate and other state-run news outlets on Wednesday.
Hispanics (of any race), as of July 2003, numbered 39,899,00 against 37,099,000 Blacks
David Coulthard grabbed second place for McLaren, ahead of Jarno Trulli and Fernando Alonso in the two Renaults.
OVL, the overseas investment arm of state-run explorer Oil and Natural Gas Corporation, holds 40 per cent stake in the San Cristobal oil project in Venezuela.
With a view to boost trade with Latin American countries and enhance South-South cooperation, India has proposed to sign Framework Trade Agreement with three trade blocks in the region including SICA, Caricom and ACS.
India is aiming to export arms and ammunition worth $20 in 2003 by showcasing, in the international market, indigenous upgraded versions of 130MM and 105MM artillery guns, mine-protecting vehicles as well as various assault rifles.
On Monday, John Ellis Bush announced he was entering the US presidential race. Here are eight things to know about him.
The president also said one of his daughters has been given a shot of the COVID-19 vaccination. "One of my daughters got vaccinated. In fact, she took part in an experiment. After the first vaccination, she had a [body] temperature of 38 degrees [Celcius, 100 degrees Fahrenheit], the next day slightly higher than 37 [degrees], that's all," he said.
More than 48,000 American jobs were shifted overseas, including to countries like India and China, in the January-March quarter this fiscal, according to a new report.
A special forum to promote inter-regional trade between India and Mercosur countries will be held on June 9 in Rio de Janeiro, Brazil.
Robson Matos de Olivera will arrive in Kolkata on Monday.
South American champions Chile have been handed a stadium ban for the third time in the 2018 World Cup qualifying competition because of homophobic chanting by their fans, FIFA said on Monday.
The former longtime president of Peru's soccer federation, Manuel Burga, has been arrested as part of an ongoing US-led investigation into corruption at the sport's world governing body, FIFA.
'With English the most rapidly growing medium of instruction in India's schools and accounting now for more than one-sixth of the total (next only to Hindi, which accounts for a half), India is not about to turn its face away from a language that has global currency,' notes T N Ninan.<
Lead by example... that's the adage our netas followed on Thursday as several of them took to performing various asanas across the country to mark the country's fourth Yoga Day. Here's a look at some of them.
Hundreds of thousands of Cubans bid farewell to late communist leader Fidel Castro on Tuesday night
As India holds its breath for the Covid vaccination to be begin, Sudhir Bisht provides a quick checklist of what you must know about the vaccines that will be administered to citizens.
The overall momentum is very strong, said the company CEO.
The sad truth is that the debt-to-GDP ratio will shoot up close to 90 per cent in the coming year, and the fiscal deficit glide path does not promise to reduce it substantially any time soon, predicts Mihir S Sharma.
Economic experts fear massive layoffs in various sectors of the American economy due to the current economic distress that is only going to deteriorate in the coming months. A record 3.3 million Americans have filed initial jobless claims for the week ending March 21. Even as the peak of coronavirus in the US is two weeks away, millions of people in the country have lost their jobs.
The e-invoicing system will be rolled out in a phased manner from January 1 on a voluntary and trial basis, beginning with firms with a turnover of Rs 500 crore, while businesses with a turnover of Rs 100 crore or more will be required to do it from February 1.
