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LightSquared with $1.25 Billion asks U.S. for mobile licenses
2015-04-08 01:19:05| Wireless - Topix.net
Wireless venture LightSquared, emerging from bankruptcy, asked U.S. regulators to clear the way for its renewed quest to set up a mobile broadband service covering the U.S. Regulators should transfer airwaves licenses to the entity to be known as New LightSquared, a company subsidiary said in an April 6 filing posted Tuesday on the website of the Federal Communications Commission. LightSquared last month won U.S. court permission to exit bankruptcy protection, where it has been stalled since 2012 when regulators said its wireless broadband service would interfere with GPS global-positioning navigation technology.
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Cairn India takes Indian authorities to court over $3.3 billion tax demand
2015-04-07 15:40:56| Energy - Topix.net
Cairn India received last month the demand of about 204 billion rupees from Indian tax authorities for an alleged failure to deduct withholding tax on capital gains made by its former parent, Cairn Energy Plc Vedanta said last month it would file a notice of claim against the Indian government under the UK-India bilateral investment treaty. Cairn Energy, which received a tax demand of more than $1.6 billion related to the same case, has also filed a notice of dispute under the bilateral investment treaty.
Cairn India takes Indian authorities to court over $3.3 billion tax demand
2015-04-07 10:52:59| Oil & Gas - Topix.net
Cairn India received last month the demand of about 204 billion rupees from Indian tax authorities for an alleged failure to deduct withholding tax on capital gains made by its former parent, Cairn Energy Plc Vedanta said last month it would file a notice of claim against the Indian government under the UK-India bilateral investment treaty. Cairn Energy, which received a tax demand of more than $1.6 billion related to the same case, has also filed a notice of dispute under the bilateral investment treaty.
Saic Ceo Tony Moraco on the gradual climb back up to an $11 billion business
2015-04-06 20:50:07| IT Services - Topix.net
Washington Business Journal's Senior Staff Reporter Jill Aitoro led a conversation with Tony Moraco, CEO of Science Applications International Corp. April 6 at the Ritz-Carlton, Tysons Corner. "You don't need to sandbag," or limit expectations of success in order to leave stakeholders pleasantly surprised, Science Applications International Corp. Tony Moraco said at the inaugural Washington Business Journal Power Breakfast in McLean.
Ventas to Buy Ardent for $1.75 Billion
2015-04-06 13:20:51| Real Estate - Topix.net
Ventas Inc. on Monday agreed to buy Ardent Medical Services, Inc. for $1.75 billion in cash, and said it would spin off its skilled nursing facilities into an independent real-estate investment trust.
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