HNI investors in offshore ‘blank cheque’ companies receive income tax notices

Well-heeled Indians betting on ‘blank cheque’ firms — the Wall Street term for special purpose acquisition companies or SPACs — have started receiving notices from the tax department. On the back of a raft of information shared by Bermuda, which like Cayman Islands, is a preferred jurisdiction for incorporating SPACs, the Income Tax (I-T) department … Read more

Sandeshkhali woman revokes rape complaints against TMC men | India News

SANDESHKHALI: One of the three Sandeshkhali women whose rape complaints against Trinamool functionaries stoked unrest in this rural block of Bengal’s North 24 Parganas district did an about-turn on Wednesday, saying she faced no such assault and that local BJP members forced her to sign a blank sheet of paper and approach police.The woman lodged … Read more

Muslims can’t claim rights in live-in relationship when having spouse: HC

Lucknow: The Lucknow bench of the Allahabad High Court on Wednesday said that Muslims cannot claim rights in a live-in relationship when they have a living spouse, as such a relationship is not permitted under the tenets of Islam. A bench of justices AR Masoodi and AK Srivastava-I made the observations while hearing a writ … Read more

new delhi municipal council: “Great, green and trashy New Delhi”: Danish envoy slams govt for garbage-ridden service lane near embassy

Danish Ambassador to India, Freddy Svane, on Wednesday drew attention to a litter-filled service lane close to the Embassy of Denmark and requested authorities to intervene. Taking to X, the envoy posted a video and captioned: “Lovely and green New Delhi. Many words but no action. Saddened by this @DenmarkinIndia @CMODelhi @LtGovDelhi’. In the video, … Read more

Sam Pitroda quits Congress post after row over his racial remarks | India News

NEW DELHI: Sam Pitroda on Wednesday quit as the chairman of the Indian Overseas Congress after a massive row over his racist remarks. Congress chief Mallikarjun Kharge has accepted his resignation. “Sam Pitroda has decided to step down as Chairman of the Indian Overseas Congress of his own accord. The Congress President has accepted his … Read more

Delhi court extends Manish Sisodia’s judicial custody till May 21 in ED case

Former Delhi Deputy CM and senior AAP leader Manish Sisodia (FILE PHOTO) New Delhi: The Rouse Avenue Court on Wednesday extended the judicial custody of former Delhi Deputy CM Manish Sisodia in the excise policy case being probed by the ED till May 21. On Tuesday, Special Judge Kaveri Baweja of the Rouse Avenue Court … Read more

Why CSIR scientists are turning up at work in wrinkled clothes every Monday

Scientists at Council of Scientific and Industrial Research (CSIR) are doing their bit for the big climate goal with an unusual Monday strategy, Times of India reported on May 8. Under a new plan, CSIR scientists are coming to work on Mondays in unironed, wrinkled clothes in a move to to add to India’s energy … Read more

After Channi’s ‘stuntbaazi’ remark, Punjab Congress chief calls Pulwama attack ‘mystery’ | India News

NEW DELHI: Punjab Congress chief Amardiner Singh Raja Warring on Wednesday stoked a fresh controversy as he called the 2019 Pulwama attack a ‘mystery’ and claimed that the ruling BJP “can do anything to during elections”.“Pulwama attack still remains a mystery, about which even the then Lieutenant Governor has raised questions. There is nothing new … Read more

EC provisional figures peg third phase turnout at 64.4 percent

New Delhi: The voter turnout in the third phase of the Lok Sabha elections on Tuesday, covering 93 constituencies in 11 states/UTs, was approximately 64.40 per cent as of 11.45 p.m., with the highest voting reported from Assam (4 seats) at 81.61 per cent, and the lowest from Uttar Pradesh (10 seats) at 57.34 per … Read more

money laundering: Bombay High Court grants bail to IFIN chief executive Ramesh Bawa

Mumbai: The Bombay High Court (HC) on Tuesday granted bail to IFIN managing director and chief executive officer Ramesh Bawa on Tuesday. While the Serious Fraud Investigation Office (SFIO) is probing Il&FS for alleged irregularities under Companies Law, the Enforcement Directorate (ED) is investigating a case of money laundering. K Ramanand, the erstwhile MD of … Read more