Justice Financial News

Subscribe to enjoy similar stories. Mumbai: The Adani Group denied bribery charges and vowed to explore legal options after a damaging indictment in the US, but the move failed to stop a run in its shares, posing the biggest test yet for the conglomerate which had rebuilt investor faith after the Hindenburg episode.

Subscribe to enjoy similar stories. The US indictment of billionaire Gautam Adani in a $250 million bribery case could set the stage for a lengthy legal process involving a multi-jurisdictional defence.

U.S. regulators want a federal judge to break up Google to prevent the company from continuing to squash competition through its dominant search engine after a court found it had maintained an abusive monopoly over the past decade

Subscribe to enjoy similar stories. Two whistleblower complaints flagging financial impropriety at a small New York Stock Exchange-listed company marked the start of a two-year probe by the US government into the Adani group.

Subscribe to enjoy similar stories. The Justice Department on Wednesday said Google should have to sell off its popular Chrome browser as part of a court-ordered fix to its monopolization of the online search market. The request follows the government’s victory this year in an antitrust case against Google and is likely to kick off a heightened legal fight with wide-reaching implications for the tech giant’s core business.

Tax Justice Network's 'State of Tax Justice 2024' report was made public on Tuesday. It has dropped like a grenade into the neatly-raked zen garden of global finance. The report reveals a staggering $492 bn lost annually to global tax- dodging that's lounging in secret offshore accounts, funding billionaire jets, yachts and even booking for future intergalactic travel. This is a tale of two kinds of tax-avoiders: one, corporate; the other, personal. Two-thirds of the total $347.6 bn comes from MNCs playing an elaborate game of offshore hopscotch to underpay taxes. The remaining third, $144.8 bn, stems from HNIs hiding their treasure chests in tax havens. So, who's enabling this grand evasion? Eight countries, the 'Elite Eight', are at the forefront: Australia, Canada, Israel, Japan, New Zealand, South Korea, Britain and the US. Together, these economic heavyweights are responsible for nearly half of global tax abuse losses.

A Spanish court has upheld a ruling that a supermarket worker was unlawfully fired for having eaten a croquette that was going to be thrown away after not having been sold from the store’s deli section

Subscribe to enjoy similar stories. Donald Trump’s transition team is ramping up plans to replace FBI Director Christopher Wray before the end of his 10-year-term, the start of what the president-elect hopes will be a major shake-up of the agency that has been his perennial punching bag. Vice President-elect JD Vance on Tuesday tucked an announcement of the search at the end of a social-media post that began with him referring to someone as a “mouth breathing imbecile." Vance said he had recently met with Trump to interview people to be the bureau’s director, in the search for a candidate who would “dismantle the deep state." He later deleted the post.

Himachal Pradesh Tourism Development Corporation with poor occupancy were ordered to be shut down by the high court on Tuesday. A single-judge bench of of Justice Ajay Mohan Goel said that HPTDC properties should be shut by November 25 and directed that the managing director of the corporation would be personally responsible to ensure the enforcement of the order. The properties were being closed as they are financially viable, the court said, adding that public resources should not wasted by the HPTDC in the upkeep of «these white elephants». The Palace Hotel (Chail), Hotel Geetanjali (Dalhousie), Hotel Baghal (Darlaghat); Hotel Dhauladhar, Hotel Kunal Dharamshala and Hotel Kashmir House (Dharamshala); Hotel Apple Blossom (Fagu), Hotel Chandrabhaga (Keylong), Hotel Devdar (Khajiar), Hotel Giriganga (Kharapatthar), Hotel Meghdoot (Kiarighat), Hotel Sarvan (Kullu); Hotel Log Huts, Hotel Hadimba Cottage and Hotel Kunzum (Manali); Hotel Lihagsa (Mcleodganj), The Castle (Naggar) and Hotel Shivalik (Parwanoo) will be closed by this Monday, as per the order.

Khalistani terrorist Gurpatwant Singh Pannun, was already listed under the «wanted» section on the FBI website in English. However, Indian authorities clarified that Yadav is not absconding—he was jailed for alleged robbery and is currently out on bail. The FBI's intensified interest in Yadav comes amidst rumors circulated by Pannun’s organization, Sikhs for Justice (SFJ), suggesting Yadav may be in Haryana or Punjab. Yadav is facing charges in a New York court for his alleged role in the Pannun murder-for-hire plot. The FBI has already arrested Nikhil Gupta, an Indian-origin man accused of working with an undercover officer and a DEA informant to orchestrate the killing.

The parents sought fast track courts and vaccine courts to provide swift justice to those injured by vaccines and their families. According to them the current system of computing adverse events following immunisation is «flawed.» «We need a total revamp of this and need an active, transparent and accountable AEFI system,» said Venugopalan Govindan from Tamil Nadu, who lost his daughter after getting the shot.

Subscribe to enjoy similar stories. Donald Trump vowed during his campaign to dismantle the Department of Education. He said it to wild applause at his rallies, and it isn’t a crazy idea.

Subscribe to enjoy similar stories. NEW DELHI : A tiny bottle of coconut oil--Would you use it to cook up a meal, or to nourish your hair? The seemingly trivial question is close to being answered, after winding through a tax tribunal, a government department, and India's top court for over 15 years. At stake: Heavy taxes and higher prices if the product is labelled a kitchen ingredient, and potential impact on other dual-use products.

Serbian opposition protesters have blocked a court house over a deadly roof collapse at a railway station in the country's north earlier this month, setting off a standoff with riot police

Manipur Police. The rally, organised by the Joint Philanthropic Organisation (JPO), started around 11 am. Hundreds of people participated in it with placards demanding justice for those killed, and a separate administration in the hill areas. The march concluded at the 'Wall of Remembrance', a memorial for the Kuki people killed in the ethnic violence in the state since May last year.

Amit Shah on Tuesday said the BJP-led government at the Centre succeeded in bringing down violence in Jammu and Kashmir, North-East and Naxal-hit areas by 70 per cent in the last 10 years. Speaking at the inaugural event of the 50th All India Police Science Conference at the Rashtriya Raksha University here, he said the coming decade is going to make the Indian criminal justice system the most scientific and fastest in the world.

Subscribe to enjoy similar stories. WASHINGTON—The Biden administration’s top antitrust officials plan to take more shots at the tech industry before leaving office, in a race to cap four years of aggressive enforcement. No action looms larger than the Justice Department’s next move in the antitrust case it won challenging Google’s efforts to maintain a monopoly in search.

Antitrust officials with the US Department of Justice declined to comment on a Bloomberg report that they will ask for a sell-off of Chrome and a shake-up of other aspects of Google's business in court Wednesday, AFP reported. Justice officials in October said they would demand that Google make profound changes to how it does business — even considering the possibility of a breakup — after the tech juggernaut was found to be running an illegal monopoly.

Alphabet sell its widely used Chrome browser in a major antitrust crackdown on the internet giant, according to a media report Monday. Antitrust officials with the US Department of Justice declined to comment on a Bloomberg report that they will ask for a sell-off of Chrome and a shake-up of other aspects of Google's business in court Wednesday. Justice officials in October said they would demand that Google make profound changes to how it does business — even considering the possibility of a breakup — after the tech juggernaut was found to be running an illegal monopoly.

U.S. House of Representatives Ethics Committee is expected to discuss next steps on Wednesday in its investigation into President-elect Donald Trump's attorney general pick Matt Gaetz, two sources with knowledge of the panel's plans said. The sources were granted anonymity to discuss the bipartisan panel's inner workings. A growing number of Trump's fellow Republicans in the U.S. Senate, which has a constitutional duty to confirm or reject high-level presidential appointments, have called on the House panel to turn over its findings on allegations of sexual misconduct involving a teenager and drug use by Gaetz.

A Mississippi Gulf Coast restaurant and its co-owner have been sentenced on federal charges of mislabeling inexpensive imported seafood as local premium fish