Once again Supreme Court slapped government on Tuesday by dismissing its petition to review of Court’s verdict in the Vodafone-Hutch tax case.
Last month, tax authorities had filed review plea in Court to consider its judgment that had ruled in favour of Vodafone in January in tax case of $11 billion deal to buy Hutchison Whampoa Ltd’s Indian mobile business.
In its application, the government wrote that SC ruling had error in its findings of Vodafone’s offshore transaction, providing company a 67% stake in Hutch-Essar was bona fide structured FDI in India that the effect of legitimising transactions through the tax havens.
The latest business news reveals that the Kingfisher Airlines [KFA] seems to be in trouble once again.
The respected Civil Aviation Minister Ajit Singh has recently said in a press that the Kingfisher Airline has not adhered to plans crucial for its workings. The minister further said that the central government may cancel KFA’s license.
Bharat Bhushan, The Directorate General of Civil Aviation added that inspite of number of warnings on different fronts; the kingfisher airline has not been able to make all the required corrections.
The fresh Bollywood buzz state that the co-producer of soon to be released film Agent Vinod, Dinesh Vijan, has recently said in an interview that the popular song from the movie ‘Pungi Baja De’ is an original song.
Talking to media, in a press event, the co-producer said, “Are you finding any similarity in the track? Pritam Chakraborty (composer) has made an original song. I don’t see any reference. All I can say is that this has become the original song.”
France set in horror of killing three children and their teacher at a Jewish school in Toulouse with spinner attacks.
The disastrous shooting killed Jonathan Sandler, a teacher at the school along with his two sons aged of 3 and 6, and an 8-year-old daughter of the head teacher. One fifth person, a 17-year-old boy was also injured during this horrible incident.
Source said, fatal crime attempted by a spinner on a black Yamaha motorcycle, shooting while parents were dropping off their children at the school Monday morning at an area the drop-off point for the school’s nursery- and primary-age children.
To know which tablet is better providing users’ experience, one should set first sight at Apple Inc that recorded interesting sale of more than 3 million iPads during the initial weekend of the market-leading tablet computer.
The world’s most trustful company successfully is king of the market for its latest models of iPads that are featuring all the essential requirement of users in form of accessing Web along online services.
In the first quarter, Apple recorded demand of 15.4 million iPads for its new device initially went on sale in the US, Australia, Canada, France, Germany, Japan, Puerto Rico, Singapore, Switzerland, the UK, US Virgin Islands and Hong Kong. And now goes in 24 additional countries on 23 March.
As B S Yeddyurappa’s want to grow with return in the Parliament as Karnataka chief minister fields BJP a situation in which difficult choice has to be made because they can’t disappear the claim of the Tailor of party.
A huge amount of supporters with 70 MLAs have lightened the full chances of Yeddyurappa’s return as CM. He has field in a resort along with his camp on the outskirts of Bangalore.
48-hour deadline have given to legislature party members to take decision without any further delay and formally electing him as the leader must be complied with.
BJP is under pressure whether to allow present CM Sadananda Gowda to present the budget on Wednesday or ready to accept resignation of Yeddyurappa along with 70 MLAs.
Tuesday will be swearing –in ceremony of Trinamool Congress nominee Mukul Roy as the next railways minister who will response to the rail budget debate in Parliament later this week.
After a move of party Chief Mamata Banerjee referenced Prime Minister Manmohan Singh to accept her application in favour of Roy, her first choice as the railways minister.
On Monday after a 20-minute meeting with Banerjee, Mr.Singh granted the approval of Roy as Railway Minister.
During discussion on the motion of thanks in Lok Sabha, PM announced his decision of Trivedi’s departure from the cabinet and said, “Trivedi presented a rail budget that had promised to carry out the Vision 2020 outlined by his predecessor (Banerjee).”