Transfer pricing tax orders of Income Tax against Shell and Vodafone pertain to alleged undervaluation of shares issued by their domestic subsidiaries to the parent companies abroad.
Royal Dutch Shell has also announced that it would slash 5,000 jobs by year end, including 'hundreds' in Houston as part of a sweeping reorganisation new CEO Peter Voser said is needed to make the company more competitive.
Urals and Sokol accounted for every 4 out of 5 barrels of Russian supplies to India last year.
According to the agency, several of the attached properties were registered in the name of shell companies and persons acting as proxies for Chatterjee.
Petroleum products company Shell India Marketing Pvt Ltd (Shell Marketing) said on Thursday that it would follow the "company-owned retailer-operated" model to set up a network of petrol pumps across the country.
'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'
Swift Dzire has clocked 2.5 million in sales, and you might, in a non-too-distant future, see headlines that the DZire has done 3 million as well, observes Suveen Sinha.
The officials said her statement was also recorded under the Prevention of Money Laundering Act.
Gandhi said the prime minister did not answer the questions he had posed to him.
Shell India, the domestic arm of Royal Dutch Shell Plc, had offered for sale 20 of its 80 operational retail outlets and around 20 sites acquired earlier for setting up such outlets.
The ED told the apex court that during the investigation it found Chidambaram had 11 'immovable properties' and 17 bank accounts abroad and his custodial interrogation was required to unearth the larger conspiracy in the case.
When a strong executive decides it wants something, even something that is dangerous and unconstitutional, there is little resistance from within to stop it, notes Aakar Patel.
'Who has given how much money to which party, the people of India must know this fact.'
Sentiment was hurt after market regulator Sebi directed bourses to initiate action against 331 suspected shell companies.
Lalu's daughter was grilled by the ED on Tuesday for about eight hours.
Shell Bitumen India Private, a subsidiary of Shell group of companies, has entered into a pact with Oil and Natural Gas Corporation for manufacturing bituminous products and marketing.
Shridhar Madhav Patankar, the brother of Thackeray's wife Rashmi, "owns and controls" Shree Saibaba Grihanirmiti Private Limited, it said.
Gautam Adani was the world's third and Asia's richest man a month back but a damning report by a US firm triggered a massive sell-off in shares of his apples-to-airport group, plunging his own wealth by $80 billion and the tycoon slipping to No.30 on the world billionaire index. Adani's sprawling conglomerate, which spans from sea ports to airports, edible oil and commodities, energy, cement and data centres, is under attack by US short-seller Hindenburg Research, which successfully deflated electric-vehicle maker Nikola Motors in 2020. Hindenburg, which held short positions in unidentified shares of Adani Group firms through its US-traded debt and offshore derivatives, on January 24 accused the conglomerate of "brazen stock manipulation and accounting fraud" and using a number of offshore shell companies to inflate stock prices.
Apart from INX Media and Aircel-Maxis, the four other firms which are under the scanner are Diageo Scotland, Essar Steel, Katara Holdings and Elforge Ltd. These firms were granted FIPB approval when Chidambaram was the FM, reports Shrimi Choudhary.
A survivalist's mindset sees Indian batsmen fail again on the first day of the SCG Test.
Essar Oil is in talks with Royal Dutch Shell to buy two of its refineries in Germany and one in the UK.
Royal Dutch/Shell, world's third largest oil and gas firm, on Thursday said its $600-mn Hazira liquefied natural gas import terminal in Gujarat was fully operational and the company had no plans to sell it off.\n\n
Energy giant Royal Dutch Shell has come up with a major restructuring initiative which could affect as many as 24,000 jobs.
Shell is closing 15 of its retail outlets in south India from Wednesday, in the absence of any assistance for private oil companies in the face of rising global crude oil and product prices, the company said on Monday.
'Accusations would be flung about his votes being stolen. He'll say dead people were voting from the grave.' Payal Singh Mohanka reports on the mood ahead of the US presidential election.
Byju's is set to go the way of Housing.com and Zilingo. It is only a matter of time. Indeed, the coup attempted by investors will ensure that, says Debashis Basu.
The government has already struck off 226,000 companies from the register for not filing statutory returns
Delhi Minister Satyendar Jain has been getting special treatment inside the Tihar Jail, sources said quoting an affidavit filed by the Enforcement Directorate in the trial court as he meets with his wife regularly.
Trinamool Congress is the second highest recipient of political donations through electoral bonds.
Anglo-Dutch oil giant Shell will begin auto fuel retailing in India by the end of 2004, Shell India Chairman Vikram Singh Mehta said in New Delhi.\n\n\n\nShell has a licence to set up 2000 \n\n
Shiv Sena MP Sanjay Raut routed his unaccounted money through various shell companies opened in the name of his family members and associates, his former aide and prime witness in the money laundering case linked to the redevelopment of Patra 'chawl' project told the Enforcement Directorate (ED).
World's third largest oil firm Royal Dutch/Shell will source petrol and diesel from Mangalore Refinery and Petrochemicals Ltd for its upcoming 2000 petrol stations in the country.
In the search, Rs 60 crore were found in 20 accounts of as many shell companies, an official said, adding the I-T team was scanning the records to trace the directors of these companies.
International oil and gas giant Royal Dutch Shell is all set to foray into distribution of Aviation Turbine Fuel, fuel for airplanes.
Bharti Airtel and Vodafone Idea will roll out revised mobile service tariffs increasing rates in the range of 10-24 per cent from the first week of July. Bharti Airtel announced a 10-21 per cent hike in prepaid and postpaid mobile tariffs from July 3, a day after larger rival Reliance Jio announced an increase in rates. Later in the day, loss-making telecom operator Vodafone Idea (Vi) also announced its plan to raise mobile tariffs by 11-24 per cent from July 4.
When the landslide hit, Sruthi's house was washed away, along with its inhabitants. She lost her entire family and some relatives. All she had left for a close confidante was her fiance Jenson. Days after the landslide and the loss of her family, Jenson died in a road accident that also left Sruthi with serious injuries. News of the accident and Sruthi's backdrop as the lone surviving member of a family wiped out in the July landslide, was picked up by the media, and people rushed to help.
Greenpeace activists forced a temporary shut down of Shell petrol pump near the WEF meeting venue in Davos this morning and called for the energy giant to be suspended from the influential annual global economic meet being held in Davos.
Ramesh alleged that through the "electoral bonds scam", the Bharatiya Janata Party has collected Rs 8,200 crore and used the route of "pre-paid, post-paid, post-raid bribes and shell companies".
