To combat terror financing, India and the US committed to work together to check illicit money transfers.
The whistle-blower's letter to Sebi said future disclosures on any wrongdoing could potentially not be exposed if Infosys is let off the hook now.
SC wanted to know how it encashed securities deposited with RBI.
This lawsuit will have no bearing on its fund-raising exercise as a deal is already in final stages
The complaint from the Manager Legal M Sivakumar claimed that the company makes payment for defective products received by a customer and also arranges a reverse pickup of the damaged product which is sent to the merchant.
With wages rapidly rising in China, all is still not lost. Wage costs in India are significantly lower and this fact could still help us turn the tide in our favour.
The Vasundhara Raje government's initiatives mark a critical step forward in labour law reforms.
The year gone by saw the high and mighty of the corporate world face the music in the Delhi High Court which held that the telecom majors are amenable to CAG audit and Mukesh Ambani's RIL struggling hard to get rid of an FIR lodged on gas pricing by the 49-day-old AAP regime.
'The producer will wear these gold ornaments, but they will not part with Rs 30,000 or Rs 50,000 to pay the writer.'
Reliance Petroinvestments, a subsidiary of Mukesh Ambani-led Reliance Industries Ltd (RIL), has approached the Securities Appellate Tribunal against the capital markets regulator, which imposed a Rs 11-crore (Rs 110 million) penalty on the company in the Indian Petrochemicals Corp Ltd (IPCL) insider trading case.
News of all that's transpired on and off the football field.
Exchange used new investors' money to pay returns to old ones, finds FMC's forensic audit.
'The writer remains the most creative force in the process.' 'Producers need to be inventive in how they reward good writing.'
The warning came after Nokia Chairman and interim chief executive officer Risto Siilasmaa met Commerce Minister Anand Sharma and tax authorities in a bid to resolve the Rs 21,153-crore (Rs 211.53 billion) liability it faces.
Harjot Singh Narula explains the basics of paid up insurance policies
While Visa and Mastercard slug it out for leadership, analysts say RuPay has the potential to cause disruption and eat into their market share.
The vigilance department of the Insurance Regulatory and Development Authority is looking into such complaints in Rajiv Gandhi Shilpi Swasthya Bima Yojana, Weather Insurance Scheme, Shetkari Apghati Durghatana Bima Yojana and Panjikrut Kishan Durghatana Bima Yojana, according to a letter written by IRDA to Finance Ministry on its ongoing probe.
Exemption limits, standard deduction on radar.
Beyond the barbed wire and watchtowers, though, lies a story that casts more than a little doubt on whether this dream will ever be realised. Praveen Swami reports.
The sluggish legal system in India makes it extremely difficult for law-enforcing agencies in the ministry of finance to punish violations of foreign exchange laws. Unfortunately, it is not just FEMA. The Prevention of Money Laundering Act too has significant infirmities, say Paranjoy Guha Thakurta and Pranati Mehra.
Industry cheers while unions label the move veiled entry of a 'hire & fire' regime.
Sahara had initiated legal action against the US-based firm.
The apex consumer court on Monday issued notice to Nestle India Limited on a Rs 640-crore or Rs 6.40 billion suit against it by the Centre.
The company contented before the tribunal that the amount was paid outside India.
A daily ceiling of Rs 3 translates into maximum annual penalty of Rs 1,095 for every subscriber.
According to sources, both the departments have already laid their claim on the proceeds from the sale of the property
The Aditya Birla group's decision to merge two companies, each with an existing clutch of diverse businesses, flies in the face of the accumulated wisdom regarding conglomerates, says T N Ninan.
Writes to shareholders highlighting its performance, governance practices.
The West Indies Cricket Board will ask for a meeting with its Indian counterparts as it seeks to find a way out of the crisis caused by the abandonment of the recent tour.
The unilateral pressure by US administration on India, at the behest of US Business Associations lobby through US International Trade Commission investigations and request to USTR to enlist India under Priority Foreign Country under Special 301 review, lacks legitimacy under WTO framework, the signatories to the letter said.
One of the biggest ways in which recent government actions have been seen as investor-unfriendly is New Delhi's decision to unilaterally revisit almost every Bilateral Investment Treaty it has signed with other countries, says Mihir S Sharma.
Nokia suffered a jolt on Friday when the Supreme Court refused to lift the restraint on sale of its Indian assets, including the Chennai plant, as part of the handset maker's global deal with the Microsoft.
Left fuming by the West Indian cricketers' mid-series pullout due to a pay dispute with their Board, the BCCI has slapped a damages claim to the tune of Rs 250 crore ($42 million) on the WICB.
The Supreme Court has dismissed the appeal of ACC Cement, ruling that if a product is manufactured by one firm and sold by another with the latter's brand name, that sale would attract sales tax, not the first transaction.
On February 11, 2009, Subhiksha announced that it was closing down all its 1,600 outlets till May 2009.
Auto stocks led the rally with Tata Motors, Hero MotoCorp and Maruti Suzuki leading the gains.
Amazon's fulfilment centres, which store products of hundreds of vendors selling on the American online major's platform, are being cited by Karnataka state government authorities as a primary concern in an ongoing tax dispute.
The government has decided to give Rs five lakh each to the next of kin of victims of the 1984 anti-Sikh riots triggered after assassination of the then prime minister Indira Gandhi.
Just hours after the powerful Board Of Control For Cricket In India (BCCI) announced they would take legal action against the WICB and were suspending all planned tours of the Caribbean -- moves that could have a devastating financial impact on the West Indies -- officials gathered at a beachside hotel to deal with the fall-out.
'Malicious files can silently sit in your phone and relay data to hackers without your knowledge.'