India is aggressively pursuing tax claims against multinational firms operating in the country as the government seeks to rein in its budget deficit, taking particular aim at IT and back-office functions, tax officials say. It has targeted several multinational companies in recent years for tax audits on transfer-pricing, but over the past 12 months has widened the scope of the investigations, officials added. ...
09:28 AM, Feb 18, 2013
New Delhi: Communist Party of India leader D Raja said on Wednesday that his party was opposed to the UPA government's scheme to directly transfer cash to beneficiaries of subsidies and social schemes. He said his party would raise the issue in Parliament. Raja, a CPI member in the Rajya Sabha, said the government had plans to extend the cash transfer scheme to food and cooking gas subsidies. This would...
01:45 AM, Nov 29, 2012
Chennai: In a major bureaucratic shake-up, the Tamil Nadu government on Thursday effected several secretary-level transfers, including posting new principal and joint secretaries to the Industries department. Vikram Kapur, Chairman of the Tamil Nadu Pollution Control Board, will be new Industries Principal Secretary, while N Mathivanan, MD of Tamil Nadu Sugar Corporation Ltd, has been posted as Joint Secretary, Chief Secretary Debendranath Sarangi said in a statement. A former Madurai...
04:46 PM, Sep 27, 2012
London: Figures compiled by the world football governing body FIFA showed that clubs paid a total $3 billion in 2011 to sign players. The total was calculated by FIFA's new Transfer Matching System, which has been introduced in an attempt to strengthen policing of football's money flows. The new system requires clubs signing players internationally to record with FIFA their contracts and all payments they make, which must go to...
06:02 PM, Mar 03, 2012
London: Tottenham signed striker Louis Saha from Premier League rivals Everton and reached a deal to offload Roman Pavlyuchenko to Lokomotiv Moscow in the final hours of the transfer window on Tuesday. Manager Harry Redknapp signed Saha despite the 33-year-old Frenchman scoring just twice in 20 appearances for Everton this season and struggling with injuries in recent years. "He's got good movement, can score goals but probably needs a change,"...
08:41 AM, Feb 01, 2012
London: Chelsea signed Mexico under-20 international Ulises Davila from Chivas Guadalajara on Saturday, the Premier League club said on Saturday. No transfer fee was disclosed for the 20-year-old, who can play as an attacking midfielder or forward and has agreed a five-year contract. "Ulises has been a highly scouted player by a lot of clubs and has made great progress in the last couple of tournaments we have seen him...
11:27 AM, Aug 28, 2011
Madrid: Paris Saint-Germain have scheduled a meeting with Real Madrid for Monday regarding the potential transfer of midfielder Kaka, Radio Marca reports. The Brazilian playmaker has been linked with football away from Madrid after failing to impose himself at the Santiago Bernabeu following two injury-plagued campaigns. Paris Saint-Germain are hopeful of continuing their summer rebuilding program with another marquee signing after spending over 80 million euros to recruit the likes...
09:04 AM, Aug 27, 2011
London: Chelsea have completed the signing of Spain winger Juan Mata from Valencia on a five-year deal, the Premier League club said on Wednesday. Mata will be available to play against Norwich City on Saturday having already trained with the squad, Chelsea said on their website. Valencia, third in La Liga last season, had wanted around 30 million euros ($43.26 million) for Mata, according to media reports. "Right from the...
09:11 AM, Aug 25, 2011
Manchester: Manchester City have signed France midfielder Samir Nasri from Arsenal on a four-year contract, the Premier League leaders said on Wednesday. The club did not give financial details of the deal but local media reported the transfer fee for the player, who will wear the number 19 shirt, was around 25 million pounds ($41 million). "The 24-year-old, adept in both wide and central roles, arrives in time to merit...
08:58 AM, Aug 25, 2011
Milan: Russian club Anzhi Makhachkala have officially announced an agreement with Inter has been reached for the transfer of Samuel Eto'o. The 30-year-old striker will have a medical before putting pen to paper on a three-year contract which will bring an end to debate over his future. Negotiations between the clubs had made steady progress over the last three weeks and a final meeting in Milan between Inter and Anzhi...
10:47 PM, Aug 23, 2011
Milan: Liverpool midfielder Alberto Aquilani has admitted that he is close to joining Italian champions AC Milan. The midfielder was not part of the Reds squad who beat Arsenal 2-0 on Saturday as he is currently on holiday in Tuscany. His future has been up in the air but just last week the Italy international said he had no problem with staying at Anfield. However, he has now admitted that...
06:43 PM, Aug 21, 2011
Milan: Inter striker Samuel Eto'o is expected to complete his move to Anzhi Makhachkala officially either on Monday or Tuesday, his agent Claudio Vigorelli has said. The announcement arrives less than 24 hours after reports in Italy said a verbal agreement over the transfer between the clubs had been reached. The transfer fee agreed upon has not been confirmed officially, but it is believed to be between 25 million euros...
06:27 PM, Aug 21, 2011
London: Arsenal midfielder Samir Nasri is set to stay at the Emirates Stadium for the remainder of his contract, according to reports emerging from France. The Frenchman had been strongly linked with a 22 million pounds move to Manchester City before the end of the summer transfer window, but French TV station Canal+ claims that talks have broken down, and that Nasri will now see out the final year of...
07:02 PM, Aug 20, 2011
London: Arsenal midfielder Samir Nasri is closing in on a deal to join Manchester City, despite hoping for a summer move to Manchester United. City are expected to pay around 22 million pounds to sign the Frenchman, who is entering the final year of his contract with the Gunners, but according to The Mirror, Nasri had told friends he wanted a move to Old Trafford. Nasri will join a lengthy...
03:50 PM, Aug 19, 2011
Lisbon: Atletico Madrid have agreed to sign Colombia striker Radamel Falcao from Porto for a fee of 40 million euros ($57.26 million). The deal is subject to the player passing a medical and agreeing personal terms, the Portuguese champions said in a statement on Thursday before adding the fee could rise to 47 million euros depending on variable conditions. Porto also said Atletico had agreed to sign Portugal midfielder Ruben...
09:32 AM, Aug 19, 2011
London: Chelsea have completed the signing of teenage striker Romelu Lukaku from Anderlecht for a fee believed to be in the region of 22 million pounds. The Belgian international is available for selection for Saturday's game against West Brom and will wear the No.18 shirt for the Blues this season. The 18-year-old scored 16 goals in 37 games for Anderlecht last season and has made 10 apperances for his national...
08:36 PM, Aug 18, 2011
Liverpool: Liverpool are reportedly stepping up their interest in Bolton defender Gary Cahill. The Sun claim that the Reds would be willing to offer 10 million pounds plus David Ngog and the loan signing of starlet Raheem Sterling. Cahill has been linked with a move to Arsenal all summer, with Liverpool's interest emerging in recent weeks as a bid from north London has yet to be accepted. Liverpool have invested...
06:22 PM, Aug 18, 2011
London: Tottenham are confident of sealing a season-long loan move for Emmanuel Adebayor within the next 48 hours, Goal.com can reveal. Spurs have agreed terms in principle with Manchester City and the Togolese forward is expected to make his debut against Manchester United at Old Trafford on Monday night. The two clubs have been locked in talks for weeks over the structure of the deal. City were initially reluctant to...
09:41 AM, Aug 17, 2011
Milan: Samuel Eto'o looks to be one step closer to the Inter exit doors as the Cameroon international will undergo his Anzhi Makhachkala medical in Rome on Thursday, Italian press agency ANSA reports. The striker was initially expected to undergo his physical tests with Anzhi on Monday, but he will now travel to Rome later this week after his medical was rescheduled. Eto'o didn't take part in Inter's training session...
02:35 PM, Aug 16, 2011
Los Angeles: Ireland captain Robbie Keane, holder of 108 caps and scorer of a record 51 goals for his country, is joining LA Galaxy from Tottenham Hotspur, the MLS team announced on Monday. Financial details of the move were not disclosed but British media reported that the 31-year-old striker would join on a two-year contract for 3.5 million pounds ($5.7 million). "I am delighted, honoured and very excited to be...
11:52 AM, Aug 16, 2011
