Search results for ' Cayman Islands'

Australia is World No 1 Test team; India slip to 3rd

Australia is World No 1 Test team; India slip to 3rd

Rediff.com1 May 2020

Australia have moved to the top of the Test and T20I rankings for men while England continue to lead the men's ODI rankings after the annual update carried out on Friday, which eliminates results from 2016-17. In the latest update, that rates all matches played since May 2019 at 100 per cent and those of the previous two years at 50 per cent, Australia (116) have taken over from India as the top ranked side in the MRF Tyres ICC Men's Test Team Rankings with New Zealand (115) remaining in second place. India are now third with 114 points.

Meet the Miss Universe 2009 contestants!

Meet the Miss Universe 2009 contestants!

Rediff.com13 Aug 2009

The Miss Universe 2009 pageant is fast approaching on August 23. In a countdown to D-Day, we'll be introducing you to all 84 contestants from around the world.

Song: Aage Aage from Life Partner

Song: Aage Aage from Life Partner

Rediff.com3 Aug 2009

Catch Fardeen Khan and Genelia D'souza in this song.

Video: Govinda wishes Sanjay Dutt

Video: Govinda wishes Sanjay Dutt

Rediff.com29 Jul 2009

Govinda wishes Sanjay Dutt on his 50th birthday.

Funds parked by Indians in Swiss banks rise to 2.55 billion Swiss francs

Funds parked by Indians in Swiss banks rise to 2.55 billion Swiss francs

Rediff.com17 Jun 2021

Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to 2.55 billion Swiss francs (over Rs 20,700 crore) in 2020 on a sharp surge in holdings via securities and similar instruments, though customer deposits fell, annual data from Switzerland's central bank showed on Thursday. The increase in aggregate funds of Indian clients with Swiss banks, from 899 million Swiss francs (Rs 6,625 crore) at the end of 2019, reverses a two-year declining trend and has taken the figure to the highest level in 13 years. It stood at a record high of nearly 6.5 billion Swiss francs in 2006, after which it has been mostly on a downward path, except for a few years including in 2011, 2013 and 2017, as per the Swiss National Bank (SNB) data.

Doval defamation: Court reserves order on whether to summon Ramesh, Caravan

Doval defamation: Court reserves order on whether to summon Ramesh, Caravan

Rediff.com22 Feb 2019

Vivek, in his complaint, had said the magazine and Ramesh had attempted to "deliberately malign and defame" him to "settle scores with his father".

Black Money Act: I-T initiates action in 13 new cases

Black Money Act: I-T initiates action in 13 new cases

Rediff.com11 Dec 2018

Undisclosed foreign assets and funds worth Rs 350 crore detected; these are separate entities from those featured in Panama Leaks and Paradise Papers

IBC: The CURIOUS Case of Videocon

IBC: The CURIOUS Case of Videocon

Rediff.com6 Aug 2021

Valuers have found almost no assets to pay for their claims against the Videocon group that entered the insolvency process in 2018. But the dissenters suggest that the money is elsewhere, possibly in the group's oil and gas assets, which are not part of the group's bankruptcy case.

80% FPIs get major relief from market regulator

80% FPIs get major relief from market regulator

Rediff.com31 Oct 2019

This may mean easier access, simplified KYC and documentation requirements, and fewer investment restrictions for a majority of FPIs, especially broad-based funds and pooled vehicles that were earlier part of Category-II.

10 small economies hold 85% of $15 trn phantom FDI

10 small economies hold 85% of $15 trn phantom FDI

Rediff.com11 Sep 2019

Phantom FDI refers to investments that pass through shell companies that have no real business activities and are tailor-made to cut tax liabilities.

Rajiv Kochhar's Avista Advisory earned Rs 300 crore in the last four years

Rajiv Kochhar's Avista Advisory earned Rs 300 crore in the last four years

Rediff.com18 Apr 2018

Avista helped some companies restructure their debt in such a way that overseas investors had to take a steep haircut

CWG 2018: Check out India's schedule on Day 6

CWG 2018: Check out India's schedule on Day 6

Rediff.com9 Apr 2018

Check out India's schedule on Day 6 of the Commonwealth Games in Gold Coast, on Tuesday.

With best wishes from Bolt, Blake qualifies fastest for 100 final

With best wishes from Bolt, Blake qualifies fastest for 100 final

Rediff.com8 Apr 2018

Jamaica's former world champion Yohan Blake sailed into the final of the 100 metres at the Commonwealth Games on Sunday, living up to his top billing on the opening day of the athletics at the Gold Coast.

CWG 2018: Check out India's schedule on Day 1

CWG 2018: Check out India's schedule on Day 1

Rediff.com4 Apr 2018

Check out India's schedule on Day 1 of Commonwealth Games.

Overseas investment hubs may come under Sebi scanner for China links

Overseas investment hubs may come under Sebi scanner for China links

Rediff.com20 Apr 2020

The regulator last week reached out to custodians for beneficial ownership information of investors coming from China, Hong Kong, and 11 other countries.

What's keeping govt from appealing against Vodafone verdict?

What's keeping govt from appealing against Vodafone verdict?

Rediff.com23 Nov 2020

The government may be waiting for the outcome of an arbitration initiated against its levy of Rs 10,247 crore retrospective tax on UK's Cairn Energy Plc before deciding on appealing against losing a tax case against Vodafone Group, sources said. An international arbitral tribunal is expected to give a decree within next few days on Cairn Energy Plc's challenge to the Indian government seeking Rs 10,247 crore in retrospective taxes. If the arbitration award in the Cairn cases goes against India, the government has to pay the British firm over Rs 7,600 crore to reverse the dividend and tax refund it had ceased and shares it sold to recover part of the tax demand.

Budget 2020: Few hits and misses for overseas investors

Budget 2020: Few hits and misses for overseas investors

Rediff.com10 Feb 2020

The Budget has relaxed a few safe harbour rules that aim to make it easier for fund managers overseeing offshore India-focused funds to relocate to the country.

#10YearChallenge: Inspiring stories of change and success

#10YearChallenge: Inspiring stories of change and success

Rediff.com25 Jan 2019

Rediff readers take the 10 year challenge and tell us what has changed.

Cong alleges Doval's son started hedge fund after note ban

Cong alleges Doval's son started hedge fund after note ban

Rediff.com17 Jan 2019

Senior Congress leader Jairam Ramesh also asked the RBI to make public details of FDI inflows from Cayman islands since demonetisation.

India's tax regime and the Vodafone problem

India's tax regime and the Vodafone problem

Rediff.com12 Oct 2020

The manner in which India has allowed the rule of law to be subverted for over eight years is tragic, notes former additional solicitor general of India Bishwajit Bhattacharyya.

Mukesh Ambani's family in alleged black money net

Mukesh Ambani's family in alleged black money net

Rediff.com3 Jan 2020

The queries, sent in November, were mainly about Capital Investment Trust, which the I-T department said, was used for the purpose of transferring foreign funds comprising global depository receipts (GDRs) of the value of $400 million to two Indian entities - Reliance Utilities & Power (RUPL) and Reliance Port & Terminal (RPTL), owned by the Ambani family. A show-cause notice issued on March 29 to Ambani's wife Nita, and their three children.

Modi's fight against black money gets a fillip

Modi's fight against black money gets a fillip

Rediff.com9 Oct 2020

India has got the second set of Swiss bank account details of its nationals and entities under the automatic exchange of information pact with Switzerland, marking a key milestone in the government's fight against black money allegedly stashed abroad.

India gets first lot of Swiss bank account details

India gets first lot of Swiss bank account details

Rediff.com7 Oct 2019

This is the first time that India has received details from Switzerland under the AEOI framework, which provides for exchange of information on financial accounts that currently active as well as those accounts that were closed during 2018.

Singapore's new norms a shot in arm for Indian offshore funds

Singapore's new norms a shot in arm for Indian offshore funds

Rediff.com21 Jul 2018

Singapore is slated to bring in Singapore Variable Capital Company, a new legal entity which can be used as a vehicle for investment. SVACC is expected to simplify the process of redemption for open-ended funds.

Why India can't do away with taxes

Why India can't do away with taxes

Rediff.com10 Jun 2014

the BJP is pitching for major reforms in the 'taxation regime' in its current form in India.

Mauritius funds may now be re-routed through Singapore for investments in India

Mauritius funds may now be re-routed through Singapore for investments in India

Rediff.com10 Jul 2018

Singapore is the favoured destination as it has traditionally had a stable fund management regime; also, its tax treaty with India is similar to that of Mauritius

Plea talks under way in FIFA bribery case as US trial date set

Plea talks under way in FIFA bribery case as US trial date set

Rediff.com20 Sep 2016

Several defendants charged in a wide-ranging corruption case involving soccer's global governing body FIFA are in talks with US officials about possibly pleading guilty, a US prosecutor said on Monday.

Deepak Kochhar's NuPower in fresh controversy

Deepak Kochhar's NuPower in fresh controversy

Rediff.com27 Apr 2018

Shareholder advisory companies are raising eyebrows at the ICICI Bank board not being aware of Firstland's investment in NuPower

Company set up by Kochhar bros failed to repay Rs 30 crore loans

Company set up by Kochhar bros failed to repay Rs 30 crore loans

Rediff.com19 Apr 2018

Kochhar brothers stepped down from the board of Credential Finance by 2009. While Deepak Kochhar started NuPower Renewables, Rajiv set up Avista Advisory Group

Brexit: 77,000 fake signatures found in petition for a second referendum

Brexit: 77,000 fake signatures found in petition for a second referendum

Rediff.com27 Jun 2016

The House of Commons petitions committee has confirmed that 77,000 signatures were added fraudulently and have been removed.

India's new Mauritius treaty signals end of shopping for tax havens

India's new Mauritius treaty signals end of shopping for tax havens

Rediff.com12 May 2016

Mauritius and Singapore account for the bulk of the $278 billion in foreign equity investments since 2000

India seen to crack down on tax havens like Mauritius: Analysts

India seen to crack down on tax havens like Mauritius: Analysts

Rediff.com11 May 2016

Now, funds from Mauritius interested in India will have to weigh paying capital gains taxes that could range from zero to as much as 20 per cent

Mallya showed zero debt in Rajya Sabha affidavit

Mallya showed zero debt in Rajya Sabha affidavit

Rediff.com11 Mar 2016

Mallya showed his net worth at Rs 615 crore, mainly in shares and bonds.

The Mystery of Rising FDI as GDP Slumps

The Mystery of Rising FDI as GDP Slumps

Rediff.com28 Jul 2020

'An explanation perhaps lies in the culture of revisions that has grown deep roots in the government data collection system,' notes A K Bhattacharya.

India to get 3rd set of Swiss bank details, info on real estate this month

India to get 3rd set of Swiss bank details, info on real estate this month

Rediff.com12 Sep 2021

Marking a key milestone in the Indian government's fight against black money allegedly stashed abroad, India will get this month the complete information on flats, apartments and condominiums owned by Indians in Switzerland as also on earnings made from such properties to help it look into tax liabilities associated with those assets.

'HSBC exposed US to terror funding, money laundering risks'

'HSBC exposed US to terror funding, money laundering risks'

Rediff.com17 Jul 2012

A US Senate panel has accused global banking giant HSBC of exposing the country's financial system to various terror financing, money laundering and drug trafficking activities with transactions worth billions of dollars, due to poor risk control systems at the bank.

Blake fails to break season's 100m record set by Bolt

Blake fails to break season's 100m record set by Bolt

Rediff.com10 May 2012

Jamaican world champion Yohan Blake missed the fastest 100 metres of the year by the blink of an eye on Wednesday, his 9.84 seconds a mere 0.02 behind world record holder and training partner Usain Bolt's mark.

Hearing on defamation plea of Doval's son against magazine on Jan 30

Hearing on defamation plea of Doval's son against magazine on Jan 30

Rediff.com22 Jan 2019

Doval had moved court against the magazine, the author of the article Kaushal Shroff and Congress leader Jairam Ramesh for holding a press conference on January 17 reiterating the 'baseless and unfounded facts' as narrated in the article.

NSA Doval's son accuses magazine, Jairam Ramesh of defamation, moves court

NSA Doval's son accuses magazine, Jairam Ramesh of defamation, moves court

Rediff.com21 Jan 2019

The article claimed that Vivek Doval was running a hedge fund whose promoters are of dubious antecedents.

SIT raises red flag on tax evasion through stock exchanges and P-notes

SIT raises red flag on tax evasion through stock exchanges and P-notes

Rediff.com25 Jul 2015

Sebi has also been asked to put in place a mechanism to monitor the beneficial owner of P-notes