Polaris Software Lab Ltd's board on Monday recommended initiating 'arbitration proceedings' in Singapore to resolve the commercial disputes with Bank Artha Graha.
The 42-day break would give Kohli the time to introspect, and rejuvenate his cluttered mind.
Jain allegedly paid Rs 70,000 as part payment to one of Gawli's aide in last 2 months.
Indonesian authorities on Tuesday returned the passports of Polaris chief executive officer Arun Jain and his colleague Rajiv Malhotra, which had been confiscated following their arrests in a commercial dispute case.
Polaris to set up development facility in Hyderabad
A fortnight after their problem with Bank Artha Graha in Indonesia, a two-member team of Polaris leaves for Singapore Tuesday in a possible attempt at initiating arbitration over the dispute.
Without naming any party, Prasad said he thought cut and commission was the legacy of only one political party.
It's mid-morning and the two-kilometre stretch from Rashbehari Avenue to Gariahat Market is bustling with activity. Dotted with saree shops and hawker stalls that sell everything, from hairpins, hangers and towels to hosiery, mobile phone covers and kurtas, this is one of South Kolkata's busiest shopping areas. And it is beginning to wake up to the Paytm crisis.
Scared by the experience in Jakarta, Polaris Software labs has decided not to do any business in Indonesia at least for a year and is considering arbitration against Indonesian Bank Artha Graha in Singapore on the dispute with it.
The Bharatiya Janata Party will ensure the swearing-in ceremony of the new Chhattisgarh cabinet under Vishnu Deo Sai on Wednesday will be a 'historic' event which will be attended by Prime Minister Narendra Modi, Home Minister Amit Shah, BJP leaders and chief ministers, state chief Arun Sao said.
The competition between Dil, Dimaag and Dum promises much entertainment in the days to come, expects Divya Nair.
Mumbai bids adieu to its iconic red double-decker buses.
The federal probe agency also made a fresh arrest in this case as it took into custody Hyderabad-based liquor businessman Arun Ramchandra Pillai, they said.
It is pouring heavily not only in North India, but at Dalal Street too. However, the latter is seeing a flurry of initial public offers (IPOs). After a busy fortnight that ended on July 7 with seven IPOs - IdeaForge Technology, Cyient DLM, PKH Ventures, Pentagon Rubber, Global Pet Industries, Tridhya Tech, and Synoptics Technologies -- four more IPOs will hit the Street this week, including one mainboard IPO of Utkarsh Small Finance Bank. That apart, India's largest securities' depository National Securities Depository Limited (NSDL) has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) for an IPO.
Retail investors now own a bigger slice of small-cap companies than a couple of years earlier, attributable to their growing conviction in mutual fund (MF) schemes focused on this space. Data from Capitaline shows MFs' average holding in the National Stock Exchange Nifty Smallcap 250 rising to 8.67 per cent, from 7.67 per cent in the past two financial years, with the number of companies with over 20 per cent MF holdings, rising from 15 to 24. At the end of May, the top five small-cap firms with the highest MF holdings were Carborundum Universal, Blue Star, Cyient, Gujarat State Petronet, and Cholamandalam Finance.
Pant, a 1991-batch Indian Administrative Service officer of Rajasthan cadre, is currently secretary in the ministry of ports, shipping and waterways.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
India scripted history as the ambitious third Moon mission of the Indian Space Research Organisation (ISRO) touched down on the Moon's south pole, propelling the country to an exclusive club of four and making it the first nation to land on the uncharted surface.
Janendra Jain and Parth Goswami are the two lawyers in the panel while Yashpal Rana is the other member.
MMFs are a good option for the current environment, observes Sarbajeet K Sen.
Ola founder and chief executive officer (CEO) Bhavish Aggarwal will step back from day-to-day operations to focus more on engineering functions, team building, and products, apart from focusing on long-term strategic projects, such as two-wheelers, cars, and innovations in quick commerce and international expansion. "I'll be spending more time with all engineering functions, team building, and on products," said Aggarwal in an internal note, adding, "I'll also be increasing my focus on our longer-term strategic projects, including new two-wheeler products, our car project, innovations in quick commerce, electrifying ride-hailing, our cell research and development (R&D), international expansion, building our Pune technology (tech) centre, and Futurefoundry UK." To drive scale, speed, and quality, Aggarwal said he is expanding Ola Group's chief financial officer (CFO) G R Arun Kumar's role to help him steer 'day-to-day operations' across the group.
The Enforcement Directorate (ED) has arrested Aam Aadmi Party communication in-charge Vijay Nair and businessman Abhishek Boinpally in connection with its ongoing money laundering probe into the Delhi Excise policy that was scraped following corruption allegations, official sources said Monday.
A summary of Tuesday's action in the Ranji Trophy.
On the itinerary: Luxury camping, tribal homestays, heritage cities.
While law-abiding customers are harassed for KYC and have to comply with endless paperwork even to open and close accounts, DHFL could easily open nearly 260,000 fake home-loan accounts, reveals Debashis Basu.
Mobility company Ola's chief financial officer Swayam Saurabh and chief operating officer Gaurav Porwal are leaving the company. These developments come at a time when the SoftBank-backed company's core ride-hailing unit is planning to go public and for which it raised $500 million from Warburg Pincus and Temasek in July this year. These investment firms had partnered with the company founder Bhavish Aggarwal for this round.
A summary of all the action from Ranji Trophy matches played on Wednesday.
In a reprieve for Bharatiya Janata Party leader Tajinder Pal Singh Bagga, the Punjab and Haryana high court on Tuesday ordered the continuation of the interim protection against arrest granted to him till July 6 in a case of allegedly making provocative statements, promoting enmity and criminal intimidation.
Shaw continued from his unbeaten 240 from overnight and brought up his triple ton.
Air India Chairman Rajiv Bansal has been appointed as the new aviation secretary as part of a major top-level bureaucratic reshuffle effected by the Centre on Wednesday. K Rajaraman, additional secretary in the department of economic affairs, has been appointed as secretary, department of telecommunications, a personnel ministry order said.
A roundup of the Vijay Hazare Trophy one-day matches played on Tuesday.
Finance Minister Arun Jaitley in the Budget for 2016-17 had proposed 1 per cent excise duty on jewellery without input credit or 12.5 per cent with input tax credit on jewellery.
The Chandrakant Pandit-coached side lost opener Yash Dubey (9) cheaply after he was trapped in front of the wickets by pacer Mukesh Kumar (2/45).
Hands down, the star of the show is Rajkummar Rao, observes Sukanya Verma.
Association will write a letter to Finance Minister Arun Jaitley to demand a rollback.
For MP, Saransh Jain, Kumar Kartikeya and Anubhav Agarwal also took two wickets apiece. MP got seven points from the win. The outright-winning team gets six points while a victory of an innings or 10-wickets fetches seven points.
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