The issue dates back many years when the actor and others proposed bringing Sony TV channel to India.
The apex court told Roy that his proposal of paying Rs 1,500 crore, if the auction process was halted or postponed, was unbelievable.
'All of our lives are going to be changed in a permanent way...' 'We just have to ride out the tide right now and we will see a rainbow at the end of this.'
The Summit on April 28-29, to be attended by Prime Minister Manmohan Singh, will also unveil rules and regulations for the ambitious SAARC University which is in the process of being set up in Delhi.
We invited readers to shares their travel pics. Here we present some of the photos we received. Share yours!
Bored of the reds and pinks in your wardrobe? Switch to orange.
The Board of Control for Cricket in India has scrapped all its IPL media rights agreements with Mauritius-based World Sport Group, claiming that MSM Satellite (Singapore) Pvt Ltd is the rightful owner of all media rights relating to the Twenty20 event.
As per the chargesheet, "the accused forged board resolutions and unauthorisedly obtained loans to the tune of Rs 1,220 crore (Rs 12.20 billion) for Satyam Computer.
The suicide of supermodel Viveka Babajee on June 25 has left the fashion industry reeling. We spoke to a few insiders to gain their perspective of life and relationships in the fast lane, how lonely it can get at the top and why the pressure is too much for some to handle.
The Indian Premier League's broadcast rights holders MSM Satellite (Singapore), which has entered into an amended agreement with the Board of Control for Cricket in India, has filed a suit against Mauritius-based World Sport Group in the Bombay high court to recover facilitation fee of Rs 125 crore from the latter.
The Board of Control for Cricket in India (BCCI) will recover Rs 425 crore from Indian Premier League's sub-continent media rights holders MSM Satellite as part of the amended media rights agreement which was approved by the Twenty20 League's Governing Council in Mumbai, on Friday.
Global financial major Citigroup on Wednesday offloaded shares of 22 domestic companies, including 17 Sensex stocks like Reliance Industries and ICICI Bank, in block deals valued at Rs 231.42 crore (Rs 2.31 billion).
Meanwhile, Bird Air Services Pvt Ltd., a wholly-owned subsidiary of Bird Group, signed a comprehensive marketing agreement with Pacific Propeller Intl, a global repair and overhaul services provider to several regional airlines and military aircrafts.
Max India Ltd plans to acquire 49 per cent shares of Cosmat Max held by Cosmat Investments Inc, Mauritius.
It is welcome that the government tried to make its intentions clear last week - especially as risk concerns return to global markets.
Thirteen individuals from the Indian Diaspora have been conferred with the Pravasi Bharatiya Samman at the seventh edition of the Pravasi Bharatiya Divas, underway in Chennai
This would allow Japanese companies to invest directly in India, rather than the current norm of coming through Singapore and Mauritius.
Kochhar has been issued a showcause notice by the regulator for alleged violation of the code of conduct.
The Enforcement Directorate has registered a money laundering case against Karti Chidambaram, son of former finance minister P Chidambaram, and others, taking cognisance of a recent CBI FIR against them.
Two organisations tracking tax violations and money laundering worldwide identify totally different sets of countries for lack of financial transparency.
The Enforcement Directorate (ED) has sought legal assistance from Singapore and Mauritius to take forward its probe in the alleged financial irregularities in the Indian Premier League tournament (IPL) and its former chairman Lalit Modi.
Reinterpreting long-established tax treaty provisions by the tax authorities creates confusion and has to be avoided as it affects investment into India.
Foreign fund house Citigroup Global Markets Mauritius on Tuesday bought 0.97 per cent stake in Tata Motors for Rs 350.13 crore (Rs 3.50 billion) through open market transaction -- as part of the 5.34 per cent residual stake that Dailmer sold in the country's largest automaker.
Officials said the agency seized a number of documents during the searches from the premises of the firms and entities brought under the action as they were 'connected'.
In a grand ceremony with overtones of a United States presidential inauguration, heads of state and government, India Inc honchos, opposition leaders, Bharatiya Janata Party members and showbiz stars rubbed shoulders as they watched President Ram Nath Kovind administer the oath of office to India's 58 new ministers.
State-run MTNL has put its overseas acquisitions plans on the backburner for the time being as it decides to focus on improving its marketshare in Delhi and Mumbai--the only places where it operates.
Avista helped some companies restructure their debt in such a way that overseas investors had to take a steep haircut
A livid Mary Kom asked her vanquished opponent Nikhat Zareen to prove herself in the ring instead of making irritating comments.
While three of the top five FPIs - Capital, Government of Singapore, and Vanguard - have seen their investment value more than triple, India's benchmark indices have risen just 70%.
The Foreign Investment Promotion Board seems to have laid to rest the controversy surrounding FDI investments routed via Mauritius.
Veteran cueist Geet Sethi survived a scare against Malta's Simon Zammit, while Pankaj Advani had a field day against Moosa Saleem of Mauritius on the second day of the ONGC-World Snooker Championship in Hyderabad on Monday.
"You can change friends but not neighbours," Atal Bihari Vajpayee famously said this 15 years ago.
'So many things opened up for me after I did the show.'
The second charge sheet may highlight some more financial transaction made by Raju and some of his associates.
VDS schemes in the past offered amnesty to people declaring black money and paying tax. This policy has been criticised as it amounted to penalising honest tax payers by asking them to pay tax at higher rates.
Foreign direct investment (FDI) in India almost doubled to $2.16 billion in December 2014, compared to $1.10 billion in the same month of 2013.
In 2011-12, 2010-11 and 2009-10, the sector attracted FDI worth $1.99 billion, $1.66 billion and $2.55 billion respectively.
What must be worrying the mandarins in the North Block is that the reply of the finance ministry completely contradicts the decision of the SAT in the Goldman Sachs case. Surely we are in for interesting political times.