In the first of a series of expected corruption indictments against Thailand’s former prime minister Thaksin Shinawatra ousted by the military two years ago, his wife was today sentenced to three years in jail for tax evasion.Thailand's Criminal Cour ..
Japanese drug maker Daichii Sankyo, which has signed a share purchase agreement with Ranbaxy, today said its open offer for an additional 20 per cent stake in the domestic pharma major would undergo a change of schedule, pursuant to a delay in Sebi's ..
An employee's job status cannot be downgraded on being transferred, the Delhi High Court has said while quashing Air India's decision of demoting a cabin crew member after she was transferred from Mumbai to Delhi. "An order of transfer cannot depriv ..
The Bombay High Court has admitted a petition, challenging the Medical Termination of Pregnancy (MTP) Act and adjourned its hearing till August 1 while asking the government Medical experts to give their opinion on it.Admitting the petition yesterday ..
G M Akbar Ali, a Senior District Judge from Tamil Nadu, has been appointed a Member-Secretary of the National Legal Services Authority (NALSA).Mr Ali, who was a two-time Member-Secretary of the Tamil Nadu State Legal Services Authority(TNSLSA), becam ..
Britannia Industries is keeping the channel open for negotiations with Groupe Danone for getting back the intellectual property rights (IPR) of the Tiger brand. Britannia has filed cases in Singapore and Malaysia against Groupe Danone for unauthorise ..
ACK Media, the owner of Amar Chitra Katha and Tinkle comic brands, is planning to launch a general entertainment channel (GEC) as part of its gambit to turn itself into an integrated media company. For funding this initiative, the company may announc ..
Microsoft alleges that a rival maker of computer mice has wrongly made use of its patented hardware technologies and refused to license them.In a complaint filed Wednesday with the U.S. International Trade Commission (PDF, 33 pages), Microsoft allege ..
Mavent Obtains Innovative Technology Patent for Mortgage ComplianceMavent Inc., the leading provider of automated regulatory compliance solutions to the mortgage industry, today announced that it has been awarded a U.S. patent for technology used for ..
The value-added tax (VAT) regime replaced sales tax with the key objective of eliminating the cascading effect of commodity taxes. It was believed that VAT would help widen the tax net, lead to revenue buoyancy and deter tax evasion. In theory, a com ..
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