'In the business of money, where you are regulated, the liability lies on the head of the acquirer.' 'It is not a good thing when you cannot spot the risks.'
The NCLAT, in its December 18, 2019 order, had restrained the company, its board of directors and shareholders from exercising the power under the article against minority members except in exceptional circumstances and in the interest of company. A bench headed by Chief Justice S A Bobde dealt with this issue in its 282-page verdict which set aside the NCLAT's order that had restored Cyrus Mistry as the executive chairman of the USD 100 billion salt-to-software conglomerate.
Inflation targeting has worked well and the government must stay with it, and the framework is going to work well in the period ahead also, former RBI Governor D Subbarao said on Thursday. He also said low inflation contributes to sustainable growth. Addressing the 'Times Network India Economic Conclave' virtually, Subbarao said the government's proposal to privatise some public sector units is not akin to selling family silver but it is a route for putting India on a sustainable growth path.
Quarantine restrictions might hamper the Indian team's preparations for next month's ICC World Test Championship final against New Zealand but bowling coach Bharat Arun and fielding coach Ramakrishnan Sridhar feel that the players' abundant experience will be enough to counter that challenge.
Chhetri still takes advice from former captain Bhutia who has a huge influence on him.
When, recently, Bharti Airtel announced a Rs 21,000 crore rights issue, analysts pointed out that its structure was similar to that of Reliance's issue in June 2020. One similarity is that shareholders in both companies have to pay only 25 per cent of the money on application. The rest is to be paid in two tranches. In Bharti Airtel's case, it is within 36 months; in Reliance Jio's, it is within 17 months.
Shukla claimed that the current Nitish Kumar-led dispensation would be ousted after the elections and people have started protesting against the ruling alliance leaders in public meetings.
We used to hear of the Modi-Shah pair as the hyphenated top of the BJP leadership. Lately, the hyphen has disappeared and it is only Modi at the top. Yogi Adityanath gets honourable mentions, but he is still a good distance away from being anointed a worthy successor, observes Shreekant Sambrani.
In a year when telling a story as cinematically as possible has found a conspicuous voice in OTT, Sukanya Verma's pick of 10 favourite female performances cannot be limited to film alone.
Where does one find a man who shows no bitterness or animosity towards Hindus, even after a frenzied Hindu mob burnt his house down?, Jyoti Punwani asks in this tribute to a truly extraordinary Indian.
His legal team, led by solicitor Anand Doobay, have previously offered one million pounds as security alongside an offer to meet stringent electronic tag restrictions on their client's movements, "akin to house arrest".
After Shilpa Shetty, another Indian contestant racially bullied in Big Brother.
It is understood that he was confirmed positive for coronavirus on Thursday night.
The Bharatiya Janata Party, however, said the governor is acting within his constitutional parameters while the "TMC is scared".
The 49-year-old jeweller, fighting extradition to India on charges of fraud and money laundering in the estimated $2-billion Punjab National Bank scam case, has made around six previous attempts at bail at the magistrates' court as well as at the high court level.
An editorial in Sena mouthpiece Saamana said it was never decided that the grand temple will be constructed through public donations, and political campaigning in the name of Lord Ram has to be stopped at some point of time.
South Africa play three ODIs against England, starting at the weekend, following on three Twenty20 Internationals.
The Board of Control for Cricket in India's former principal legal advisor Usha Nath Banerjee questioned the Committee of Administrators' decision to debar three affiliated units, including Tamil Nadu from attending the Board's AGM and termed it "utterly arbitrary and wrong"
Chappell said 'the skill level of Indian youth teams would embarrass some of our first-class teams'.
'It breaks my heart to see her almost being lynched and burnt at the stake like a witch. 'How desensitised have we become?' 'We don't even want the truth to unfold.'
Politicians and bureaucrats find it very difficult to accept their failure and inability as it is not in their veins, the Delhi high court Wednesday said while expressing concerns over the condition of subordinate judiciary's judicial officers who are at risk of contracting COVID-19 owing to the nature of duties.
'Why do the English-speaking class feel they are the only ones who are efficient in work?' 'My own mother was from a village and she was more efficient than me. She used to handle crises better than me.' 'We will have to come out of our elite perception of governance.'
Clients are seen realigning their tech strategy by moving works from own captives to third-party service providers which is mostly benefiting to large companies such as Infosys, TCS, Wipro or HCL Technologies.
Finances aside, though, there is an even bigger question mark hanging over Lionel Messi. Is he a fading force?
Anil Ambani had given a personal guarantee to the loans given by SBI to Reliance Communications and Reliance Infratel in August 2016.
'I was told to go to the next room and strip -- that's when it really hits you for the first time... that you are a criminal and you are being treated like one.' 'It comes as a shock when, instead of your name, you hear, "Yeh naya Maowadi aaya hai (A new Maoist has arrived)".'
The division bench said it deemed it appropriate to stay the special court's order and direct that the "accused person shall be treated to be in judicial custody till further orders".
Next month, US e-commerce giant Amazon is set to complete a year in India.
The Karnataka government is also expected to follow suit and withdraw its decision to raise the variable DA.
The ASI, which had found artefacts, idols, pillars and other remains, stated in its report about the existence of a massive structure beneath the 'alleged Babri Masjid'.
'I have understood one thing very clearly -- 99 per cent of Muslims love Hindustan, their ancestral roots belong to Hinduism.' 'Even his language and dialect belongs to Hindustan. His culture is also Hindustani. Due to some historic reasons he changed his religion. Changing one's religion is not akin to changing one's ancestors, castes and sub-castes, language and dialects or his loyalty.' 'Divide and rule has not helped India progress and led to backwardness of people of this great country.' RSS leader Indresh Kumar, the patron of the Muslim Rashtriya Manch, an RSS-backed organisation that actively works with Muslims, tells Prasanna D Zore/Rediff.com how the RSS is reaching out to Muslims.
The results for the People's Choice Award for the Wildlife Photographer Of The Year are in.
150 BJP elected local representatives in Beed resign in protest against Pritam Munde's exclusion from the Union ministry.
The Odisha government imposed a curfew-like shutdown in three hotspot districts of Balasore, Bhadrak and Jajpur from 10 pm Thursday, to conduct active surveillance and contact-tracing.
The ruling DMK in Tamil Nadu had begun seeing Governor Ravi's decisions and actions as a part of the state BJP's non-stop criticism of its government and directed from Delhi, a view strengthened by the governor's decision to return the NEET exemption bill, points out N Sathiya Moorthy.
The pandemic has confined students across all ages to home and digital education is the only way to continue learning.
The CBI has dispatched a special team to conduct the probe in which several Tamil Nadu Police personnel are under the scanner and some have already been arrested by the state police, they said.
Record liquidity infusion by the central bank in the banking system during the financial year 2020-21 amid sluggish economic activity resulted in banks investing more in safe government papers than in extending loans, data from Reserve Bank of India (RBI) showed. This trend has not been seen in nearly two decades, barring 2016 - the year of demonetisation.
Bengal ministers Firhad Hakim and Subrata Mukherjee were taken to the Central Bureau of Investigation office on Monday in connection with the Narada sting operation, officials said.
Having almost closed the last contours of the limited trade deal and with the announcement of a much larger trade deal in the offing, we have moved to a new level of engagement: Goyal.
