Ace Indian shuttlers Saina Nehwal and Parupalli Kashyap reached the pre-quarterfinals of the Swiss Open Grand Prix Gold after notching up contrasting victories in the women's and men's singles competitions in Basel.
Finance Minister Pranab Mukherjee on Monday said he has noted reports about reservations Swiss banks have in sharing client details with India, but did not say what course of action the government would take.
Asked about top Swiss bank UBS AG, reeling under criticism for sheltering American tax evaders, agreeing to US government's demand for disclosure, Kochhar generally hedged queries saying Indian banks were not in that kind of business. Black money had become a major issue in the run up to the Lok Sabha polls in April-May, with BJP leader L K Advani claiming that $500 billion of Indian money was stashed in banks abroad.
Pakistan's Supreme Court on Thursday directed Prime Minister Yousuf Raza Gilani to ask Swiss authorities to revive graft cases against President Asif Ali Zardari and to submit a report on the issue on March 21.
Ukraine won 3-0 on penalties to reach the quarter-finals of the World Cup after the two teams played out a sterile scoreless draw.
The charges of aiding tax fraud, to which Credit Suisse has admitted, are serious and reflect the deep malaise that afflicts the Swiss banking system.
Lot of money is now being withdrawn from the Swiss banks and transferred to Singapore.
Grandmaster Vidit Gujrathi on Tuesday said "everything came together" for him at the Grand Swiss event on his way to the Candidates.
The MoU deals with creation of a useful forum for exchange of views on financial and macro-economic issues. Official sources said the MoU will facilitate dialogue between the tax authorities of the two countries.
The amount considered for the acquisition is 1.3 times the revenues Loadstone is expected to garner in 2012
The 23-year-old from Madhya Pradesh showed great anticipation and technique and added power to his smashes to bamboozle Jorgensen 21-15, 21-13 in a lop-sided contest.
Switzerland, who needed only a draw to progress to the knockout phase for third time in the past four tournaments, found themselves under early pressure from already-eliminated Costa Rica before Blerim Dzemaili handed the Swiss the half-time lead.
The latest turn to the case comes just days after Switzerland made it clear that its law does not allow UBS to disclose client information. The US government had filed a suit against UBS demanding the banking major part with details of about 52,000 American clients, as it felt the Swiss bank was helping American citizens in tax evasion.
Switzerland set a new World Cup record for not conceding a goal after holding Chile scoreless through the first 67 minutes of their Group H match on Monday.
With their hundreds of years of watch making experience, Swiss watchmakers can afford to take a long view of technological fads and fashions.
For India, the Swiss Challenge method is a new step in the field of public-private partnerships.
Swiss govt's latest response comes against the backdrop of P Chidambaram shooting off another letter to his Swiss counterpart.
According to a reliable source, the names of 'Preneet Kaur' and a name similar to one of Narayan Rane's sons allegedly feature on the HSBC list of Indians with Swiss bank accounts, says Sheela Bhatt/Rediff.com
Key Team Anna member N Santosh Hegde has said that it's foolish to expect blackmoney stashed away in Swiss banks by Indians as they would have "cleaned out" by now and transferred it to other tax havens.
India's men shuttlers had a great day in office with reigning Commonwealth Games champion Parupalli Kashyap winning the Austrian Open Championship in Vienna while young Sameer Verma made it to the summit clash of the Swiss Open.
Swiss federal prosecutors are investigating soccer great Franz Beckenbauer and three other German soccer officials for fraud and money laundering in connection with the award of the 2006 World Cup to Germany.
Indian badminton stars Satwiksairaj Rankireddy and Chirag Shetty were on Tuesday nominated for the Player Year of the Award by the Badminton World Federation (BWF).
The finance ministry has initiated steps under which the Swiss Federal Court of Justice would be requested to ensure that information on specific accounts is provided by April 1, 2011.
Swiss Simon Ammann won the first gold medal of the Winter Olympics, taking advantage of a poor performance by his Austrian rivals to claim the individual normal hill ski jumping title on Saturday. It was the third Olympic gold for the diminutive 28-year-old Ammann, dubbed Harry Potter because of his owlish looks, who won both individual titles at the 2002 Games but flopped in 2006.
Distressed over gang rape of its national in Madhya Pradesh, Switzerland on Saturday sought a "swift" investigation into the incident so that the victim gets justice.
The South African, 32, approached the France-based court in February, 2021 after losing appeals to CAS, sport's highest court, and another plea to the Swiss Federal Tribunal (SFT) in a long-running legal battle against the regulations.
Satwik and Chirag have looked in ominous form, winning the Asian Games gold in Hangzhou, a Super 1000 crown in Indonesia, the Korea Open Super 500 and the Swiss Open super 300 last year before grabbing a a career-best ranking of World No.1, albeit for a brief time.
Allowing the elite to escape tax and regulation curbs economic growth, accelerates capital flight from poor countries and promotes corruption and crime around the world, says Rajni Bakshi.
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The move draws a line under the Swiss government's rescue of UBS nearly five years after the bank threatened to collapse under the weight of more than $50 billion in losses on mortgage securities.
Indian shuttlers Saina Nehwal and H S Prannoy registered fighting victories in the last eight contests at the $120,000 Swiss Open Grand Prix Gold badminton tournament in Basel on Friday.
India ace shuttler Saina Nehwal started her title defense on a positive note, thrashing Japan's Sayaka Sato in straight-games in the first round of the Swiss Open Grand Prix Gold at Basel, Switzerland.
The famous Swiss knives may soon be made in India with Sasana Enterprises, the Swiss knife-maker Victorinox's sole representative in the country, planning to put up a factory for kitchen knives.
Amid a raging controversy over black money allegedly stashed by stud farm owner Hasan Ali in Swiss banks, Switzerland has said it is awaiting a "complete" request from India for help in this case since 2007.
"We do hope to increase cooperation between Switzerland and India in scientific matters because this country is a great country with great future," he told reporters at the Bangalore airport.
Germany's richest woman and heir to the BMW car empire has been spared an embarrassing court appearance after her playboy lover admitted to defrauding her of millions of euros and attempting blackmail with intimate footage of their encounters.
Activist-turned-politician Arvind Kejriwal on Friday took on the issue of hawala money stashed in Swiss bank accounts.
Top seed Kidambi Srikanth stormed into the semi-finals of the US $120,000 Swiss Grand Prix Gold badminton championship after a straight games victory over Takuma Ueda of Japan in the men's singles quarter-finals in Basel on Friday. The Indian beat the eighth seed 21-11, 21-12 in 31 minutes.
The recall of a crushing loss might not have the same attraction as the memory of an inspired victory for most top tennis players, but World No 8 Stanislas Wawrinka wears failure as a badge of honour stamped permanently on his arm.
