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Now, Jaypee Infratech ex-promoter offers to settle lenders' dues

The firm is undergoing a debt resolution process under IBC rules ....

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Swiss Life to pay $77.4 million to settle U.S. criminal tax

Swiss Life to pay $77.4 million to settle U.S. criminal tax evasion case
Reuters | May 14, 2021 11:32 PM EDT
The logo of insurer Swiss Life is seen at its headquarters in Zurich, Switzerland (Photo : REUTERS/Arnd Wiegmann)
Swiss Life Holding AG agreed to pay $77.4 million and enter a deferred prosecution agreement to resolve a U.S. criminal case in which Switzerland s largest insurer was accused of helping wealthy American clients evade taxes.
The three-year agreement announced on Friday resolves a charge that Swiss Life conspired to defraud the U.S. Internal Revenue Service by concealing more than $1.45 billion in offshore insurance policies. ....

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Under Armour settles SEC charges for US$9 million

Under Armour settles SEC charges for US$9 million
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Under Armour settles SEC charges for US$9 million
In this Nov 29, 2019, file photo Under Armour clothes are displayed at a Kohl s store in Colma, California. (Photo: AP/Jeff Chiu)
04 May 2021 07:51AM
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NEW YORK: Sportswear company Under Armour has settled with the Securities and Exchange Commission and agreed to pay US$9 million in fines related to misleading its revenue growth to investors from the third quarter of 2015 through the fourth quarter of 2016, the agency said on Monday (May 3).
According to the SEC filing, Under Armour used a “pull forward sales tactic to pull forward US$408 million in revenue in existing orders. The SEC said that the company made positive statements regarding its revenue growth rate and the factors contributing to the revenue growth rate, without disclosing the significan ....

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Welcome To IANS Live - NATION - Iran welcomes signs of reconciliation from Saudi Arabia

Iran and Saudi Arabia are both important states in the Islamic world whose cooperation can lead to peace and stability in the region, the spokesman said, according to the ISNA news agency, DPA reported.Saud ....

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Motorsport: Shane van Gisbergen's sensational Supercars streak ends

Motorsport: Shane van Gisbergen s sensational Supercars streak ends
18 Apr, 2021 09:00 AM
2 minutes to read
Jamie Whincup edged Shane van Gisbergen in today s first race. Photo / Getty
NZ Herald
Shane van Gisbergen has had to settle for equalling a Supercars record rather than setting a new one.
After six races of the season, the Kiwi driver was on track to surpass the mark for the best start to a campaign, having equalled that of Allan Moffat (1977) and Mark Skaife (1994). However, it was teammate Jamie Whincup who ended van Gisbergen s bid to etch his name alone in the history books, winning the first of the two Tasmania Supersprint races on Sunday. ....

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