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General VK Singh - The man who was slandered for defending his honour
Today is Friday – the first of June 2012 – a day of great significance. The government can now heave a sigh of relief as General VK Singh has retired and is out of the way. His tenure at the helm of the Indian army invited undue attention, mostly for 'inconvenient reasons'. Here is a short recap of the 'problems' he created.He refused to accept the government’s command that he was

Uncertainty over consortium agreements

It is quite common these days that foreign companies take up turnkey projects in India in association with other companies. For this purpose, quite frequently, foreign companies enter into a joint

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White paper on black money with grey areas!

Firstly, the FM needs to be applauded for his efforts to present an all-encompassing report on black money, its ill effects, and strategies to counter the menace and impact on the economy. The FM

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Electrotherm gets relief from SC on shutdown order

In a relief to the Ahmedabad-based Electrotherm (India) Ltd, the Supreme Court on Friday stayed Gujarat High Court's order to shut down the company's steel and pipe manufacturing plant in Bhachau

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Doctors, hospital pay up in NRI death case
New Delhi/Kolkata, May 15 (IBNS) Almost five months after the National Consumer Forum (NCDRC) awarded the highest compensation in Indian medico-legal history for the wrongful death of an NRI doctor's wife way back in 1998, the accused hospital and doctors of Kolkata paid up on Tuesday.

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Capital gains on buyback of shares held taxable as dividend

Any foreign investment coming into India is naturally planned in a manner that the tax liability remains at the minimum possible level. The current legal position prevailing in India is that any

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