Is the 14-year-old, whose father sells milk for a living, being denied claims of over Rs 2 lakh for abiding by international rules defining ‘amateur’ and ‘professional’ golfer? Shubham Jaglan’s journey from the fields of Israna village near Panipat in Haryana to the Delhi Golf Club to international competition has been something of a fairy tale.
Draft report proposes that “the burden of hardships” be borne by all stakeholders – developers, lending banks, and consumers.
A recent ruling by the Delhi High Court has forced the Indian government to face not one but two arbitration proceedings against Vodafone in the biggest-ever tax dispute of its kind that has been going on for over a decade. The outcome of the dispute will have international ramifications and very significant implications on the implementation of bilateral investment treaties and the investor-state dispute settlement regime in the country.
While they have faced a bureaucratic runaround in trying to get the government officials to do their duty, they have been subjected to various kinds of pressure.
The biggest-ever change in India’s shipping policy, undertaken by the Modi government, is expected to endow huge benefits to a small clutch of international and domestic shipping companies.
The network of offshore companies and Swiss bank accounts that were used to divide Dhirubhai Ambani’s foreign assets after his death is being probed by the income tax authorities; a company crucial to the network was MoTech Software.
Total NPAs reached a whopping Rs 9.5 lakh crore by end March 2018. India’s banking sector, the foundation of our modern economy, is in crisis. A spate of scams has dragged the credibility of India’s biggest private and public sector banks through the mud. Even more dangerous is a Debt Bomb of bad loans that has grown almost 17 times bigger in the past 10 years.
An anonymous letter written by a civil servant, addressed to Prime Minister Narendra Modi, has levelled serious allegations against the multinational consulting firm KPMG’s India operations. In the letter, a senior bureaucrat who claims to be a member of the elite Indian Administrative Service accuses the group of exercising influence over key government officials by, among other means, recruiting their children and relatives.
Two of the Tata Group’s Housing Projects Are Mired in Controversy. The Tata Group, which claims to be among India’s most prestigious and ethical corporate conglomerates, has become embroiled in controversies relating to two housing projects. The projects being set up by Tata Value Homes and Tata Housing in north India diminish the group’s claim to the moral high ground.
