The income tax department has sought to prosecute Reliance Group chairman Anil Ambani under the Black Money Act for allegedly evading Rs 420 crore in taxes on undisclosed funds worth more than Rs 814 crore held in two Swiss bank accounts.
He pulled out of the Birmingham CWG (July 28-August 8) just two days before the start of the multi-sport event as he was advised a four-week rest by his medical team. He then underwent rehabilitation in Germany.
The 20-year-old was the fourth Indian woman footballer to sign for an overseas club when she landed a multi-year contract with Cypriot top division winners Apollon Ladies.
Maykel Masso of Cuba won the event with a best effort of 8.35m while World Championships silver medallist and reigning Olympic champion Miltiadis Tentoglou of Greece (8.31m) and Marquis Dendy (8.31m) of USA finished second and third respectively.
Neeraj was all set to defend his title in Birmingham, but pulled out of the multi-sport event after his medical team advised a month's rest after MRI scan showed a minor injury.
LIC's plan to sell its exposure in bonds worth Rs 3,400 crore issued by Reliance Capital (RCap) did not find any takers among asset reconstruction companies (ARCs), as the deadline to submit expressions of interest (EoIs) closed on Monday. Multiple sources said ARCs did not find the option to buy bonds of the bankrupt firm attractive and decided to give it a miss. A source said IDBI Capital, which has been mandated to sell the bonds, will extend the deadline to July 22.
World champion and season leader Anderson Peters of Grenada won the competition with a best throw of 90.31m which he came up with in this third attempt.
Buoyed by a strong start to the season, Olympic champion javelin thrower Neeraj Chopra is primed to clinch his maiden Diamond League podium finish in his first appearance in four years in the prestigious one-day meet in Stockholm on Thursday.
The country is slated to host the tournament from October 11 to 30 across three venues -- Bhubaneswar's Kalinga Stadium, Goa's Pandit Jawaharlal Nehru Stadium and Navi Mumbai's DY Patil Stadium.
'He always used to say, 'I have taken up this post to preserve, protect, and defend the Constitution and I will do it during the time I am here'.'
Tata Group's infrastructure and construction arm, Tata Projects, has bagged the contract to construct the upcoming Noida International Airport at Jewar, in Uttar Pradesh. As part of the contract, Tata Projects will construct the terminal, runway, airside infrastructure, roads, utilities, landside facilities and other ancillary buildings at the airport, Yamuna International Airport Private Limited (YIAPL) said in a statement on Friday. YIAPL is a 100 per cent subsidiary of Swiss developer Zurich Airport International AG and has been incorporated as a Special Purpose Vehicle to develop Noida International Airport. In 2019, Zurich Airport International AG won the bid to develop the airport.
Airports hold pride of place in the government's National Monetisation Pipeline (NMP) programme to monetise public assets. Private airport operators, including the Adani group, Fairfax, GMR and Zurich Airport, are expected to evince interest in the next round of public private partnership (PPP) development of state-owned Airport Authority of India (AAI) airports. Industry analysts, however, do not expect bids to be as high as the last round, which saw Adani group gain control of six airports.
Anderson Peters of Grenada and Tokyo Olympics silver winner Jakub Vadlejch of Czech Republic had come up with 93.07m and 90.88m throws respectively
'Now, no one can stop me from making music till the day I die.'
President of Norweigan FA Ms. Klaveness, who is gay, gave a six-minute speech blasting FIFA and the Qatar FA for their human rights violations
Tata AIG, ICICI Lombard and Nippon Life have evinced interest for the profit-making insurance arm of Reliance Capital (RCap), joining several prominent financial companies from India and abroad in the race for RCap's assets. The final day to submit an expression of interest (EoI) was March 25 and the bidders will now get access to the latest information about RCap before they make financial bids.
The Tata group has begun its second innings with Air India from a war zone. Being first up in Operation Ganga to evacuate Indian nationals from Ukraine, the salt-to-software conglomerate has faced a real war. But the fire-fighting that the group experienced in appointing a chief executive officer (CEO) for the airline that it acquired from the government in a Rs 18,000-crore deal recently may have felt no less.
The recent protests by employees of Urban Company and the case of a a Zomato delivery executive who died in a road accident point to the severely straitened condition of gig workers during the ongoing Covid-19 pandemic. Budget 2021 had promised several measures to help the cause of gig economy workers, but most of them are yet to see the light of day. Even after a year, the country's gig workers continue to be without any social security cover or a minimum wage guarantee. "In Budget 2021, finance minister Nirmala Sitharaman had announced that the government is looking toward including migrant and gig workers for social security benefits," says Srinivas Kotni, managing partner, Lexport, a consulting firm. Parliament had passed the Code on Wages in 2019 and Code on Industrial Relations, Social Security and Occupational Safety, Health and Working Conditions in 2020.
Ronaldo was also one of five Premier League players named in the FIFPRO Team Of the Year, which is the only global player award exclusively voted for by professional footballers.
The analyst community tracking the Indian IT services industry took special note of Accenture's first quarter (Q1) performance, which showcased the rapid growth of its consulting business that outperformed its outsourcing business. Bookings indicate that the trend will continue. Consulting bookings increased 41.6 per cent year-on-year (yoy) to $9.4 billion, higher than the 17.6 per cent growth in outsourcing to $7.4 billion. The management commentary was also more bullish on the consulting business.
A fracture of interstate relations could be India's biggest risk coming out of the pandemic. This topped a list of critical risks for India over the next two years, according to Geneva-based World Economic Forum's Executive Opinion Survey (EOS), whose results were released on Tuesday. Other top risks include a debt crisis in large economies, widespread youth disillusionment, failure of technology governance and digital inequality.
Undeterred by the growing number of coronavirus cases in Europe and elsewhere, Santa is on his way.
As the Tata group inches closer to taking over Air India in January 2022, the $242-billion conglomerate will also inherit a stake in Kerala's Cochin airport. The Tatas would become the only airline to have an operational stake in a major Indian airport. The airport is a strategic hub connecting India to Middle East nations - home to the largest share of Indian migrant workers. In addition to Air India and Air India Express, private carrier Indigo also uses Cochin to ferry the lucrative 'Malayali Gulf traffic' to multiple locations like Jeddah, Riyadh, Sharjah, Dubai, Abu Dhabi, Doha, Kuwait and Bahrain, among others. According to regulatory filings, Air India has a three per cent stake in Cochin International Airport.
The Germans, Swiss and French get ready for Christmas.
Cristiano Ronaldo has hit back at comments made by Ballon d'Or organiser Pascal Ferre, saying the editor-in-chief of France Football "lied" about his rivalry with Lionel Messi.
Prime Minister Narendra Modi on Thursday laid the foundation stone for the Noida International Airport at Jewar in Uttar Pradesh. It will be one of the largest aerodromes in Asia.
Expressing grave concern over a US nuclear-powered submarine sustaining damage in the disputed South China Sea, China on Friday demanded Washington to reveal the details and the location of the accident and blamed America's frequent air and naval sorties in the Indo-Pacific to assert the "freedom of navigation" as the "root cause" of the incident.
There is little that Andreas Schmid, the Swiss-born chairman of Flughafen Zurich AG (Zurich Airport International AG), and Yogi Adityanath, chief minister of Uttar Pradesh (UP), could have in common. But Schmid, whose company is building the Noida airport in partnership with the UP government, finds himself on the same footing as the firebrand Hindutva leader who rules the state. Both hope the Rs 30,000-crore ($4 billion) project, hanging fire for 20 years, shows some progress when UP goes to the polls in 2022.
'While we may speculate about personality politics, the reality is that there are more important issues that drive the India-US relationship.'
'There was no pressure and I was taking it (Olympics) just like any other event. It was like I have played against these athletes before and there's no reason to worry. I was able to focus on my performance. That has helped me win gold.'
Auckland in New Zealand has been named the world's most liveable city.
'One cannot avoid speculating whether there was something else at play that led to the uncovering of this saga.'
India's top golfer Anirban Lahiri has tested positive for COVID-19, ruling him out of at least a couple of events on the PGA Tour.
Three Indian shuttlers tested positive for COVID-19 ahead of the All England Championship while a few are awaiting confirmation on their inconclusive samples as India's campaign has been thrown into chaos before the start of the tournament, starting in Birmingham on Wednesday.
Aseem Chhabra introduces us to the best of Berlinale.
The autopsy, which was based on blood and urine samples and released by the Buenos Aires Scientific Police, said Maradona had problems with his kidneys, heart and lungs.
The 2021 men's and women's U-17 European Championships have been cancelled due to the impact of the COVID-19 pandemic, UEFA said on Friday.
While questions may arise over the sheer dominance of a single corporate group in running airports in the country, it pretty much fits into the government's plan to get out of this space and earn revenue without working for it.
Strangely, a few days after filing the charges, the CBI teams arrived in Hyderabad and Mumbai to raid GVK's offices and found incriminating evidence, a reversal of the normal course of events.
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