Capital markets regulator Sebi on Tuesday sent a notice to NSE's former chief Chitra Ramkrishna asking her to pay Rs 3.12 crore in a case related to governance lapses at the stock exchange, and warned of arrest and attachment of assets and bank accounts if she fails to make the payment within 15 days. The notice came after Ramkrishna failed to pay the fine imposed on her by the Securities and Exchange Board of India (Sebi). In an order dated February 11, Sebi had slapped a penalty of Rs 3 crore on Ramkrishna for alleged governance lapses in a case related to the appointment of Anand Subramanian as the Group Operating Officer and Advisor when she was at the helm of NSE as its managing director and chief executive officer, as well as for sharing confidential information of the company with an unidentified person.
World champion Max Verstappen took maximum points from Formula One's Imola sprint weekend, leading a Red Bull one-two on Sunday as Ferrari's homecoming turned sour for overall leader Charles Leclerc and his Italian team.
The Nifty IT has been one of the worst-performing indices on the bourses this calendar year. Rising concerns of a potential global recession, which investors fear can dampen demand for export-facing domestic information technology (IT) giants, have sent the index down over 30 per cent on a year-to-date basis. By comparison, the Nifty50 Index has shed 2.8 per cent during the period, reveals data by ACE Equity.
Red Bull's double World champion Max Verstappen won the Mexico City Grand Prix on Sunday to set a Formula One record of 14 victories from a single season, as well as the most points scored.
Aditya Chopra may be a household name in India, but few have seen his face, recognise his voice or know the brain behind the business outside his tight inner circle. The Romantics makes sure it has its own to brag about when he, finally, appears before the camera, notes Sukanya Verma.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Lionel Messi earned $130 million, a figure which includes $55 million of endorsements, during the 12-month period ended May 1, 2022, to sit atop the list of the 10 highest-paid athletes.
India's second-largest information technology (IT) firm Infosys has decided to reduce the average variable payout of employees to 70 per cent due to falling operating margins in the first quarter (Q1) of 2022-23 (FY23), said people in the know. "The margin impact in the current quarter has reflected on the performance bonus for this cycle," the company told its employees over email. "While 70 per cent is the correct figure, an important point is we have been told that the company will not defer any variable payment. "It is being paid according to schedule," said a person.
Roopam Asthana, CEO and whole-time director, Liberty General Insurance Ltd, will answer your queries on HEALTH insurance and AUTO insurance.
IMAGES from the Belgian F1 Grand Prix
The victory on a hot afternoon at Le Castellet was Verstappen's seventh of the season and 27th of his career.
Youngster Rudrankksh Patil has emerged as a hot contender to emulate 2008 Beijing Olympics champion Abhinav Bindra's feat at the 2024 Paris Games.
We got the same Diwali bonuses. We ate together. We carried equipment together on shoots. And when the odd reporter tried to throw her weight around and leave the camera person to carry bags of equipment, cables, the camera and tripod down the stairs and to the shoot location, Prannoy would step in, take the tripod off the shoulders of the colleague silently, lightening the load, recalls Revati Laul.
KL Rahul was a bit taken aback when asked if Virat Kohli, who struck his maiden T20I century during Asia Cup match against Afghanistan, should continue to bat as an opener going into the T20 World Cup alongside Rohit Sharma.
Khawaja is part of the Australia team on their first tour of Pakistan in 24 years.
Ajit Balakrishnan offers lessons from another tech revolution not so long ago.
After the IT giant declared a bonus, investors selling shares may have to shell out 4-5 times more tax
There are more of them now and the total value of such companies--out of reach for small retail players--may surprise you. Shares topping the five-figure price mark were rare ten years ago. A look at March-end figures across the listed universe in 2011 shows only one such share. There were two by 2013.
The company has told its employees that there won't be wage hikes for the financial year ending July 31, 2009, due to tight demand in the US and Europe, declining volumes and the need to further tighten expenses across business divisions. In a harsher step, the company has slashed retainer bonus, which averages 10 per cent of an employee's salary, from April 1. Travel allowance has been sharply reduced, if not curbed, in most cases.
Leonard Barsoton of Kenya and Ethiopia-based Bahraini athlete Desi Jisa set new course records in the men's and women's elite international section en route to winning titles at the Tata Steel Kolkata 25K marathon.
England pacer Jofra Archer, who bowled a match-winning spell in the first T20 International against India in Ahmedabad on Friday, shared the secret to his success with the ball in T20 cricket.
Limited overs specialist Jonathan Carter and debutant Rovman Powell both hit lusty knocks to carry West Indies to a 62-run run victory over Sri Lanka in their triangular series match on Wednesday. With West Indies all out for 227 after losing their last five wickets for 18 runs, Sri Lanka struggled to chase down the target and were bowled out for 165 off 43.1 overs. Sri Lanka had beaten hosts Zimbabwe in the opening match of the series earlier in the week.
Add adventure to your winterr vacay with any of these easy, one-day Himalayan treks that you can attempt by yourself.
The police have put up barricades, tippers and rolled out water cannons to prevent protesting farmers from entering Chandigarh.
Kumar fetched 17 points and was the big difference in the tightly fought contest against U Mumba
Want last year's bonus? Sell our tickets: Jet Airways tells travel agents.
There are around 15 lakh diamond workers in Gujarat, including nearly seven lakh employed in units in Surat, which is the largest hub of cutting and polishing of these precious stones.
A round-up of the Ranji Trophy matches played on Friday.
The Comptroller and Auditor General of India on Monday reported multiple irregularities in the accounts of units under the IT and telecom ministries, including purchases of hardware and software worth Rs 890 crore by NICSI in contravention of rules. In its audit report for financial years 2017-18 and 2018-19, the Comptroller and Auditor General (CAG) has flagged anomalies in the decision taken by state-run telecom firm BSNL, C-DoT, the Department of Posts, ITI Limited and CDAC that had adverse financial implications. "NICSI procured hardware and software costing Rs 890.34 crore through the 'Strategic Alliance' route in contravention of General Financial Rules, 2005 and departmental instructions and thus failed to ensure transparency and competitiveness in the procurement process," according to the CAG report tabled in Lok Sabha on Monday.
Max Verstappen won the Spanish Grand Prix in a Red Bull one-two on Sunday
Rajasthan Royals' director of cricket Kumar Sangakkara on Friday said that all-rounder Chris Morris, who was brought by the franchise for Rs 16.25 crore in the IPL auction, will have a "very specific role of supporting" pace spearhead Jofra Archer.
Senior batter Manoj Tiwary combined with the young Sudip Kumar Gharami to steer Bengal to a hardfought seven-wicket win against Baroda to climb to the top of Group A in the Ranji Trophy.
The grandfathering clause and set-off provisions can be used to reduce the tax payable on sale of bonus shares, says Arvind A Rao.
Rajasthan Royals inched closer to securing a play-offs berth with a convincing 24-run win over LSG in Mumbai.
Sanjib Jha, CEO, Coverfox Insurance Broking answers your health insurance related queries.
A quaint Indian idea called face value is putting high-performing companies out of the reach of retail investors, observes Debashis Basu.
An impulsive decision to resign could eventually turn out to be a big career mistake, warns Srividya Kannan.
Jairam Ramesh said the Congress has to be the "fulcrum" of any Opposition alliance to take on the BJP in the 2024 general elections as it is the only political force with a pan-India presence.
In the shoot-out, the hosts won 3-2 to pocket two points (including a bonus) as against England's one.
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