ED attaches assets worth Rs.1,411 crore of Vijay Mallya

The Enforcement Directorate on Saturday provisionally attached movable and immovable properties having market value of Rs.1,411 crore of businessman Vijay Mallya and United Breweries (Holding) Limited, of which he is the chairman, in connection with a money laundering case against him. The attachment has been done as part of investigations into the alleged Rs.900-crore IDBI Bank loan default case. “During […]

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Abhinav Bindra to call it quits after Rio Olympics

Champion shooter Abhinav Bindra, who remains India’s sole individual Olympic gold medallist, on Friday said he will bring the curtains down on his illustrious career at the upcoming Rio Games where he will be the country’s flagbearer in the opening ceremony. 33-year-old Bindra, the 2008 Beijing Olympic gold medallist, said his 20-year-long sporting career has been a special one. “As […]

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Paytm wallet can’t be used for overseas payments

Paytm said on Friday that its wallet cannot be used for overseas payment under the current regulations. The firm issued a clarification via a newspaper advertisement and said it is providing the update for usage of Paytm on Uber through tie-up with Alipay. Last month, Paytm, which is backed by Alibaba said its wallet users will be able to pay […]

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Google, Facebook, YouTube receive tax notices in Pakistan

Pakistan’s Punjab government has served tax notices to social media networking websites Google and Facebook as well as video-sharing websites YouTube and Dailymotion, asking them to register by June 17 and pay for displaying Punjab-specific advertisements. The Punjab government’s Revenue Authority yesterday issued separate notices to YouTube, Dailymotion and a local website Mustakbil.com, in addition to Facebook and Google, asking […]

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