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Swiss government names Lalit Modi among those facing tax probe

Switzerland on Tuesday named Lalit Modi and his wife Minal among those about whom information and assistance have been sought from its tax department by the Indian authorities. In two separate......

Indian arrested in 80 million pounds scam in UK

An NRI businessman and two of his British accomplices have been arrested here on charges of duping over 600 people, including celebrities like former cricketer Darren Gough and singer Jerome Flynn,......

HSBC India client indicted for tax evasion in US

An Indian owner of a medical company has been indicted on charges of tax evasion and failing to report to federal authorities millions of dollars stashed in accounts with HSBC in India.Ashvin Desai......

SpiceJet kicks off cargo business sale; valuation at Rs 2,500 crore

It is in talks with multiple private equity investors as it tries to sell shares in the logistics arm to raise money. SpiceJet, India’s second-largest private airline, kicked off the process......

Dubai investment vehicle announces debt deal

Dubai International Capital has reached a deal with its main bankers to delay repaying debts of $2.6 billion (9.55 billion dirhams) for three months, the company has said. Dubai's premier......

Dubai exposure of banks in India at $537 mn

The government on Friday said that as many as seven banks in India, including SBI and ICICI Bank, had exposure worth $537 million in Dubai World and other group companies at the time of the......

Forex dealers under lens for large overseas remittances

ED and Directorate of Revenue Intelligence have detected a significant increase in the outflow of Indian money, specifically into four countries --Thailand, Dubai, Singapore and Hong Kong.......

Rory McIlroy sizzles in Dubai Desert Classic

Rory McIlroy hit a sizzling nine-under 63 in the opening round of the $2.5 million Dubai Desert Classic on Thursday, bolstering his hopes of claiming a first European tour win since 2012. Playing......

10 BEST Sports Photos of the Week!

The London Classic Chess tournament kicked off last week where India's Viswnathan Anand is making a few good moves. But it wasn't the best of week's for Indian cricketer Rohit Sharma who made low......

Lahiri placed 2nd at Euro Qualifying School, Chowrasia 76th

Indian golfer Anirban Lahiri got off to a brilliant start at the European Tour's six-round Qualifying School Final Stage with a flawless five-under 65 at the par-70 Purple course and was placed......

McIlroy's US Open trophy with Chinese customs

World No. 2 Rory McIlroy's management team are locked in a battle with Chinese customs officials to release the US Open trophy the Northern Irishman won earlier this year so it can be taken to the......

Jeev skips Frys.com Open due to ankle injury

Ace Indian golfer Jeev Milkha Singh on Wednesday, withdrew from next week's Frys.com Open to give himself more time to recover from an ankle injury. Having secured his PGA Tour card for the next......

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