-Live Mint Income-tax department says firm had underpriced intragroup share transfer by Rs 15,000 cr and evaded taxes consequently The Indian arm of Royal Dutch Shell Plc , Shell India Pvt. Ltd, has been accused by the income-tax (I-T) authorities of underpricing an intragroup share transfer by ` 15,000 crore and consequently evading taxes, said a person familiar with the development.   Following the notice, which is one of the biggest transfer pricing orders...

-Outlook UPA’s populist trumpcard of 2008—the farm loan waiver—has fallen short of its intended target, as a CAG audit throws up The Scheme     2008 Union finance minister P. Chidambaram announces farmer debt waiver and relief scheme in budget; PM Manmohan Singh writes to beneficiaries “seeking their support”     Rs 52,275 cr Total money that was disbursed to eligible farmers across the nation as part of loan waiver scheme     Rs 50,000 The loan...

-The Guardian Inequity such as that symbolised by Antilla, the world's richest home, thwarts poverty reduction – and policymakers must act If you want a glimpse across the yawning chasm that separates the world's super rich from the ultra poor, there's no better place than Mumbai's Altamount Road. Look up and you'll see Antilla, the world's most expensive home. With spectacular ocean views, swimming and gym facilities, and no fewer than three helipads,...

-The Hindu Belgaum: Vijay Karnataka journalists Mrityunjay Yellappamath (Chikkodi) and Raju Ustad (Belgaum) were beaten up on Wednesday, allegedly by around eight youths. The police have arrested four persons following a complaint by the journalists at the APMC police station. The arrested are Basavaraj Siddappa Lakati, Syed Patel, Suresh Singari and Mahantesh Kudachi. Mr. Yellappamath and Mr. Ustad, who, along with other journalists, met Superintendent of Police Sandeep Patil, said that they were...

-The Indian Express It is very difficult to try and be a rational voice in the cacophony of cries for revenge and retribution on the alleged perpetrators of the ghastly crime that was committed on the night of December 16. I am equally ashamed, outraged and shocked that an incident like this could take place in the heart of India, which gave birth to a Mahatma Gandhi, a Gautam Buddha, a...