Penalties for undisclosed foreign income and assets extend up to 300%.
US SEC order says that Cadbury India paid an agent a total of USD 90,666 (Rs 61.70 lakh) for "providing consultation, arrange statutory/government prescribed formats of applications to be filed for various statutory clearances, documentation, preparation of files and the submission of the same with government authorities," for specific licences.
The Central Bureau of Investigation (CBI) will soon quiz Securities and Exchange Board of India (SEBI) Chairman U K Sinha as well as former head of the regulatory body M Damodaran in connection with a Preliminary Enquiry (PE) to probe granting sanction to Jignesh Shah-founded Financial Technologies (India) and MCX-SX.
Once tipped to emerge as the biggest exporter, the pharmaceutical industry is yet to acquire the scale of those in software services, says Krishna Kant.
Prabhat Kumar, who has been appointed as the DGCA chief three months ago, is taking steps to ensure safety of passengers.
According to the EY Global Information Security survey, companies are lacking agility, budget and skills to mitigate known vulnerabilities
Launch of new residential projects in top eight cities -- Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai, National Capital Region (NCR) and Pune -- came down by 41 per cent in first half of 2017.
If there is one regulation that has undergone the highest number of changes over the past five years, it is the Issue of Capital Disclosure Requirements (ICDR) Regulations.
'I will be happy when Indians will get to see a plane made by an Indian taking to the skies.'
Issues Rs 358 crore interim dividend, 1:10 bonus and 10:1 split
Governor Raghuram Rajan has asked his colleagues to ensure that the central bank is not seen as mere "paper tiger" and even rich and powerful wrong-doers are not spared.
In a major clampdown for non-compliance of Listing Agreement, top exchanges BSE and NSE announced suspension of trading in shares of Kingfisher Airlines and another group firm, UB Engineering, from next month.
Only 11 antibiotics in clinical trials have received qualified infectious disease product status from the US FDA, of which five are Wockhardt's drugs.
World's most popular free email providers Gmail and Yahoo have made telephone number mandatory for creation of new email addresses in a bid to check spam.
'The focus for value creation will be on all business segments.'
The powerful military establishment, which enjoys considerable influence over policy decisions in Pakistan, was also on board to ban JuD and other terror groups.
Within Sebi, the chairman should hold an umbrella for both young and old employees, says Somasekhar Sundaresan.
India improved its rank on six out of the 10 parameters relating to starting and doing business in a country.
The FMC had warned MCX that it would not renew contracts, allow new contracts and eventually take away the licence to run the bourse if the commodity exchange does not comply with regulatory norms.
It could also ease the burden on the 225 million women in developing countries, says Ari Altstedter.
Tamal Bandyopadhyay offers some unsolicited advice for a government wh,ich came to power, with brute majority and the nation's pragmatic chief money man.
The author meets the brains behind Unocoin, the first Indian Bitcoin exchange and merchant processor in India to have raised international funding.
India has been ranked as the most attractive investment destination in the world for the next three years.
While most of Sebi's new norms are aligned to changes in Companies Act, they are more stringent in certain areas.
Even as the Supreme Court had recently dismissed the industry's plea against prices fixed by the regulator and its timely implementation, the National Pharmaceutical Pricing Authority has asked companies to pay the overcharged dues with 15 per cent interest.
Chaos in Parliament threw a spanner in the government's efforts to revive the economy and kick-start reforms.
Jio makes data on call drops public, says 121 mn calls failed in a day
Big three telecom companies term Jio's free voice calls predatory pricing
Instead of mechanically consolidating all labour laws into one, provisions of all labour laws should be relooked in terms of their substance. The irrelevant and archaic provisions have to be fixed, says Aparajita Gupta.
States to come under DIPP watch on ease of doing business.
Employees are often under this impression that as the employer has deducted tax at source, they need not file income tax (IT) returns.
In eight cases, the banks would violate the minimum public shareholding norms if their promoter, the Government of India, infused capital as announced.
Amid concerns of bullion trade being used for routing of black money, Switzerland's gold exports to India have risen further and is fast approaching Rs 1-trillion mark for the entire 2014.
PwC one of the big four audit firms, has expressed disappointment at the conviction of two former partners in the Satyam scam.
If losses from F&O, intra-day trades are below Rs 20,000-30,000, it's best not to claim them and opt for ITR-2.
The European Medicines Agency's review is the second setback to Alkem Laboratories
The Budget has unveiled measures that should now pave the way for India to progress from Make in India to 'Innovate in India'.
Relief would only be for unlisted companies; listed ones already have to prepare statements once a year.
RBI's latest rate cut will bring down home, car loan's EMI.
Helped by the Offer for Sale route, a whopping Rs 45,300 core was mobilised through public equity markets in 2013, a growth of 25 per cent over last year.
