"ED seizes FEMA, agricultural lands, plots, houses in Tamil Nadu, balances in bank accounts and shares totaling to Rs.89.19 crore held by S Jagathrakshakan, Member of Lok Sabha, and his family members for illegally acquired, held and transferred security in a Singapore-based company," the central agency tweeted on September 12. … [Read more...] about ED seizes DMK MP S Jagathrakshakan’s properties worth Rs 89 crore
Rep ed royce
Besides fashion, in India, the big rental or pre-owned category is of luxury cars. According to Vinod Kothari, founder of Vinod Kothari Consultants that offers financial consultancy to brands and companies, “Brands such as Volvo and Daimler now allow leasing for three to four years and then agree to take back the asset, charging only about 60-65% of the asset cost over the lease term. In essence, the customer has the exclusive possession and use of the asset for those years, while paying only for a part of the asset cost. If the car is used for business, the rentals are tax-deductible.” … [Read more...] about Don’t have enough dosh to spend on a Prada gown, Gucci bag or a Rolls Royce? Just rent it!
The penalty was imposed in an order in August by Sushil Kumar, Special Director, ED who said, “senior officials at Standard Chartered saw an investment in TMB shares as an opportunity that might ripen into an eventually larger ownership for the bank … also acted as a custodian for shares on the deal.” … [Read more...] about Standard Chartered fined Rs 100 crore for violating forex rules during Tamilnad Mercantile Bank takeover bid
The first day of a five-day trial set to conclude on Friday focussed on the elaborating the government of India's arguments to establish a prima facie case of fraud and money laundering against the 49-year-old diamond merchant, who observed the proceedings remotely from Wandsworth Prison in London where he has been lodged since March last year. … [Read more...] about Nirav Modi extradition case: UK court given fresh video tour of Mumbai’s Arthur Road Jail
“We’ll continue to listen to and work with employees to solve other challenges that come up, starting with a focus on wellness, promoting the use of our flexible vacation policy, and workshops to help managers lead remote teams effectively,” said Jacquet. … [Read more...] about Coursera to allow remote working till January 2022, offers $1,000 allowance for ‘office setup’