Amidst suspense about his whereabouts, Jharkhand Chief Minister Hemant Soren has reached his official residence in Ranchi, a source in the Chief Minister's Office (CMO) said on Tuesday.
The Supreme Court on Monday refused to interfere with the Delhi high court verdict granting bail to former Mumbai Police Commissioner Sanjay Pandey in a money laundering case related to alleged illegal phone tapping and snooping of National Stock Exchange (NSE) employees.
Jet Airways has been hit by three top-level resignations ahead of its relaunch. The three senior executives who have resigned include Captains Niraj Chandan (head of flight safety), Vishesh Oberoi (head of operations) and Sorab Variava (head of training). These posts are critical and generally senior pilots are nominated for the roles.
It will be the first assembly byelection after the collapse of the Uddhav Thackeray-led government in Maharashtra in June, making it a litmus test of his faction's hold over the Sena's vote bank in Mumbai.
Fintech firm BharatPe on Wednesday said it has removed co-founder Ashneer Grover from all positions at the company. BharatPe has also found involvement of Grover family and relatives in extensive misappropriation of the company's funds. "The board will not allow the deplorable conduct of the Grover family to tarnish BharatPe' s reputation or that of its hard-working employees and world-class technology.
The Delhi high court on Thursday granted bail to former Mumbai police commissioner Sanjay Pandey in connection with a money-laundering case related to alleged illegal phone-tapping and snooping of National Stock Exchange (NSE) employees.
"When you tell one lie, you need to keep spinning out more lies, to cover up the first one. In her eagerness to defend the PM's Rafale lie, the RM lied to Parliament," Gandhi tweeted.
Palanivel Thiaga Rajan was on Thursday relieved of the finance portfolio by Tamil Nadu Chief Minister M K Stalin.
Co-founder of the Chilume Educational Cultural and Rural Development Institute (Chilume Trust) Krishnappa Ravikumar was the main accused, according to the police.
The SJB has begun to collect signatures from MPs for the no-confidence motion, according to media reports.
According to the police headquarters in Patna, "more than a dozen police personnel and power department employees" sustained injuries in the incident that took place barely "100 meters away from Barsoi police station".
Thousands of Left Democratic Front Opposition volunteers continued their siege of the secretariat in Thiruvananthapuram for the second day, demanding resignation of Chief Minister Oommen Chandy and a judicial probe into the solar scam.
The Uddhav Thackeray-led Shiv Sena faction on Tuesday claimed the Bharatiya Jantea Party candidate Murji Patel withdrew from the Andheri East Assembly bypoll contest after realising that his defeat was imminent.
During the first three quarters of 2014-15 alone, TCS has made a lateral hiring of over 1,500 experienced professionals with core digital skills.
A day after quitting as Chairman of UN's prestigious Intergovernmental Panel on Climate Change, TERI Director General R K Pachauri has been admitted to a city-based hospital.
'I am confident that TCS's best years are ahead,' outgoing CEO tells staff in farewell email.
'I will resign as CEO as soon as I find someone foolish enough to take the job! After that, I will just run the software and servers teams,' he tweeted Tuesday.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
These mistakes can turn out very expensive and not just in terms of your finances, but also in the time it will take to resort to the conflict at hand. Having a legal hand can save you from any unforeseen troubles, alerts Harshit Malik, entrepreneur, wisdom coach and enrichment guide.
Indian companies are expected to dole out an average increment of 9.1 per cent in 2022, higher than the pre-COVID-19 increment in 2019, as companies are focusing on retention of talent through rewards. According to the 2022 Workforce and Increments Trends Survey by Deloitte Touche Tohmatsu India LLP, the average India 2022 increment is expected to go up to 9.1 per cent from eight per cent in 2021. Moreover, the 2022 projected increment is higher than the pre-COVID-19 increment in 2019 by 50 basis points (bps).
Falling valuations, slowing funding rounds and faltering investor sentiment seem to have prompted many start-ups to lay off employees in a bid to conserve cash. The latest to do so is SoftBank-backed Cars24, a leading e-commerce platform for pre-owned vehicles, which has laid off over 600 staff, according to sources in the know. The move, they said, is aimed at conserving cash amid cautious investor sentiment and a slowdown in funding.
About 20 Punjab Congress leaders met in Ludhiana on Tuesday, with some of them batting for a key role for Navjot Singh Sidhu, the former state party unit chief who was among the participants.
Kashmir zone inspector general of police Vijay Kumar also urged the protesters to be patient and 'not get carried away by political parties.'
Former BharatPe chief Ashneer Grover has written to the company's board seeking action against CEO Suhail Sameer following his offensive remarks on social media and sought resignation of chairman Rajnish Kumar. In response to a comment by Ashneer's sister Aashima on a social media post by former BharatPe employee Karan Sarki, Sameer said "Behen- tere bhai ne saara paisa chura liya (Sister, your brother has stolen all the money). Very little left to pay salaries". Sarki in the post had raised the issue of sacking of old staff and non-payment of salaries.
Lack of skilled labour, among other factors, led to 187,062 vacancies in nine sectors during the first quarter of the current fiscal year, showed the new revamped quarterly employment survey (QES). This accounted for a little over 0.6 per cent of the total jobs given by these establishments till April-June 2021-22. The nine sectors - manufacturing, construction, trade, transport, education, health, accommodation and restaurants, IT/BPOs and financial services - employed 30.8 million people.
L&T Infotech and Mindtree on Friday announced a mega-merger to create an efficient and scaled-up IT services provider, exceeding $3.5 billion in combined revenue, according to a statement. The name of the combined entity will be 'LTIMindtree', the statement said. In an all-share deal, L&T Infotech will offer 73 shares for every 100 shares of Mindtree.
'To avoid accountability and cover the mismanagement of the head of the department, they create this kind of sabotage theory.' 'If it's a sabotage theory, then the higher-level officials can go scot-free.'
SBI chairman Rajnish Kumar said Naresh Goyal would be eligible to bid for the airline when the lenders auction it next month.
As the Congress and United Progressive Alliance government appear to be veering towards formation of a separate Telangana state, ministers and MPs from Andhra and Rayalaseema regions met Prime Minister Manmohan Singh on Saturday opposing any division of Andhra Pradesh.
In efforts to bolster corporate governance among listed companies, Sebi on Tuesday approved various amendments to rules governing the appointment, re-appointment and removal of independent directors, including the requirement to disclose resignation letters of such individuals. There will be a one-year cooling period for an independent director transitioning to a whole-time director in the same company/ holding/ subsidiary/ associate company or any company belonging to the promoter group. As part of the review of regulatory provisions related to independent directors, the Sebi board has cleared amendments to Sebi (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The CBI has registered an FIR against an officer of Punjab National Bank (PNB), now suspended, for allegedly cheating the state-run lender to the tune of Rs 168.59 crore through 34 fake bank guarantees, officials said Thursday. Nearly four years after LoU (letter of undertaking) scam allegedly perpetrated by uncle-nephew duo of Mehul Choksi and Nirav Modi bled the PNB to the tune of about Rs 13,000 crore, bank official Priya Ranjan Kumar followed similar modus operandi to issue 34 fake bank guarantees without making any entries in its core banking system Finacle, according to the CBI FIR. "As per the interim investigation report dated November 27, 2022, it emerges that the fraud has been perpetrated by the bank staff in collusion with some unknown persons through illegal and unauthorized usage of the bank's systems.
The reopening of schools and colleges has sparked a crisis in the edtech sector with falling valuations, slowing funding rounds and faltering investor sentiment. In a totally altered, post-pandemic landscape where students are back at school and colleges, companies are scrambling to revert to bricks-and-mortar tuition centres and adopting a hybrid model of offline and online education. Demand for online tuition has fallen, affecting the revenue of edtech companies in recent months. After two years of booming revenues, some experts say the sector is looking at a possible meltdown.
AIFF secretary Kushal Das molested employees at work place, alleges former owner of I-League team Minerva Punjab.
'Every time a new tech comes in, there are a set of people who will predict that this will be the end of Indian IT and every time the Indian IT industry and overall technology providers have proven to be resilient.'
Singh Deo will, however, remain the minister for Health and Family Welfare, Medical Education, Twenty Point Implementation and Commercial Tax departments.
Despite the ongoing rift in the Punjab Congress, party leader Harish Rawat on Tuesday said that all is well in the state and expressed confidence in its victory in the forthcoming assembly polls.
At the World Bank Banga will be replacing David Malpass, a former Trump treasury official, reports axios.com. Malpass had already announced that he will resign by July, months ahead of his term expired. "Ajay is uniquely equipped to lead the World Bank at this critical moment in history," President Biden said in a statement. Banga, 63, currently serves as vice chairman at General Atlantic.
What shocked Kan was the news that a prominent personality in his neighbourhood led the ransacking of his house and its torching later.
The company stated that it was taking steps for cost rationalisation across all businesses to maintain liquidity and due to a prolonged slowdown it had to take a few tough measures.
The Enforcement Directorate's (ED's) chargesheet in the National Stock Exchange (NSE) illegal phone-tapping case points to insider trading during the tenures of Chitra Ramkrishna and Ravi Narain as managing director and chief executive officer of the bourse. The federal agency will soon be sharing the details with the Securities and Exchange Board of India (SEBI) for further inquiry, two people aware of the findings told Business Standard. The ED, which filed its prosecution complaint (commonly known as chargesheet), alleged that Narain and Ramkrishna were the "key conspirators" and had assisted iSec Services to generate money to the tune of Rs 24 crore for exchanging crucial information, the people said.
