The company contented before the tribunal that the amount was paid outside India.
'The huge amount of investments being made by telcos in India for telecom gear, there is no way this demand could be met only by Europeans.' 'The Chinese are quick in installation and offer great value for money.'
After initiating stern action against 331 companies, the market regulator seems willing to revoke its stringent restrictions for some entities.
Metals bucked the trend and shone across the board.
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.
He said the "countdown has begun for Narendra Modi," citing the results of Rajasthan by-polls in which the ruling BJP faced an embarrassing defeat at the hands of the Congress which won two Lok Sabha seats and one assembly segment.
The 30-share Sensex ended down 297 points at 27,438 and the 50-share Nifty closed 93 points lower at 8,305.
India will need an annual investment of Rs 15 trillion in infrastructure over the next five years, says Chandrajit Banerjee, DG, CII.
At 47 protests a day, the state has become the most restive in the country and investors are becoming increasingly wary
While an uptick in economic activity will help banks come out of some of their problems, some issues currently facing the Indian banking industry are of its own doing says Pramit Jhaveri.
On February 11, 2009, Subhiksha announced that it was closing down all its 1,600 outlets till May 2009.
Mihir S Sharma outlines why this year's Union Budget does not respond to the needs of India's economy, or attempt to frame the economy's future.
Following Angel Di Maria's nightmare stint, Bikash Mohapatra/Rediff.com says the 'Theatre of Dreams' has never been a happy a hunting ground for players from the continent
News of all that's transpired on and off the football field
The government has provided a long-term vision.
Agreement between Bharti Airtel and Loop Mobile, which offers mobile services in Mumbai, expired on October 31
'A law firm checked credentials of Karan Ajit Judge and Nouam'
Falling jet fuel prices and a revival in domestic traffic growth offer the new CMD a once in a lifetime opportunity.
News of all that's transpired on and off the football field
'Modi has shown political courage by instituting several economic reforms which include demonetisation, ushering in GST, eradication of benami transactions...'
In more trouble for Finnish mobile firm Nokia, whose immovable assets were attached in an alleged tax evasion case recently, the Income Tax department is set to issue fresh demand notices for payment of taxes to the tune of Rs 1,000 crore (Rs 10 billion).
Income from renting of properties is taxed at a flat rate of 10%.
'It is my duty to give the govt the right price of crude oil.'
Money is a touchy topic for most of us. Money fights between couples are all about control and freedom. Keeping the communication channels open and respecting each other's attitudes can help couples manage finance better.
A summary of sports events and sports persons, who made news on Friday.
The Bill also makes it mandatory for every person presenting the document at the registration office to affix his passport size photograph and get photographed by a digital camera on the document.
Images from the English Premier League matches played on Saturday
India has so far set up three projects - Tala, Chukha and Kurichu - in Bhutan under the Inter-governmental Agreement model.
"Will anybody want a servant that who is on vacation when needed at home? And nobody knows where he is," he continued.
If you're in the market for a new home, now may be the perfect time to make your purchase. But, before making an investment for lifetime, there are many factors that come into play and much to be considered.
While he has plenty of critics at home, Rajan is a favourite among foreign investors and has been credited for bringing inflation under control.
Even before Prime Minister Narendra Modi swept to power in 2014, Subramanian Swamy was agitating for Rajan's removal.
The judiciary has started going beyond the technicalities of the agreements and awarding compensation to buyers.
The Reserve Bank on Friday said the economy would grow by 5 to 5.5 per cent in the current fiscal, pinning its hopes on good farm output and improved exports.
With the stock market entering a bull phase, many believe the Singals can bring in the much-needed equity capital and reduce their debt.
A strong showing will be vital to Narendra Modi's chances of a second term.
Bain alleges that it invested around $60 mn based on false financial statements that EY had audited and certified
Top management of firms should be summoned for a few specified reasons and after written justification at a senior level.
The nullifying of the NJAC Act has put the spotlight on the Judiciary. Concepts like transparency, being open to change, leading from front, management of perceptions that were reserved for the Executive earlier are now relevant for the Judiciary as well, says Sanjeev Nayyar.
Fifteen months after taking power, Modi's credibility as an economic manager is on the line.
