The toll for misconduct at the fallen Swiss bank Credit Suisse just keeps getting bigger. Federal prosecutors said on Monday that UBS, which rescued Credit Suisse from the brink of collapse two years ago, would pay $510 million in fines for the role Credit Suisse played in helping clients evade taxes. Credit Suisse, among other…
SHIMLA: A heat wave alert was issued Monday for many parts of Himachal Pradesh – a weather quirk at odds with the state’s name that literally means snowy mountains. The Met warning came as both maximum and minimum temperatures soared, with the mercury in Una rising above 41°C on Monday.According to the Meteorological Centre, Shimla,…
It may not have been the tax-evasion trial of the century — the second century, that is — but it was of such gravity that the defendants faced charges of forgery, fiscal fraud and the sham sale of slaves. Tax dodging is as old as taxation itself, but these particular offenses were considered so serious…
NEW DELHI: Muskan Rastogi and her lover Sahil Shukla appeared to have planned an elaborate getaway in the wake of their shocking crime. The duo, accused of murdering Muskan’s husband, former Merchant Navy officer Saurabh Rajput, attempted to evade the authorities by fleeing to Himachal Pradesh immediately after the gruesome act. On March 4, Rajput…
Armed with two garden hoses hooked up to a sputtering tap, Matthew Craig battled fire and smoke to save his house from the onslaught of flames that devastated much of Altadena, a once leafy corner of Los Angeles County. The wind felt like dragon’s breath, he said, and “we were all eating smoke.” But even…