The B N Srikrishna Committee, set up by the Centre to look into the demands for the creation of a separate Telangana, has said that so far, it has not received any official report from the ruling Congress party and main opposition Telugu Desam Party.Committee chairman Justice BN Srikrishna, who arrived in Hyderabad on Thursday to discuss the issue with various political parties, said that some leaders of the two parties had presented their own reports to the committee.
The members of the Justice Srikrishna Committee must understand the enormity of the task at hand and the burden on their shoulders. The committee must adhere to the highest standards of professionalism if its final report is to be taken seriously and not be mocked and condemned by one section or the other. The people of Andhra Pradesh, including the advocates of a separate Telangana, owe it to themselves to allow the committee to function properly and complete its work.
Chidambaram appealed to political parties in Andhra Pradesh to read the recommendations of the Justice Srikrishna Committee on Telangana with an "open mind" and give "impartial consideration" to them.
Andhra Pradesh Chief Minister N Kiran Kumar Reddy on Thursday dismissed reports of divisions within the ruling Congress on the emotive Telangana issue and asked everyone to wait till the Justice BN Srikrishna Committee report on the statehood issue is released on Thursday.
The Board of Control for Cricket in India (BCCI) on Thursday moved the Bombay High Court against the arbitrator's stay to the termination of contract with Indian Premier League franchisee Rajasthan Royals by it.
Rajasthan Royals got a huge relief after their termination order from the Indian Premier League (IPL) was stayed for six weeks by Justice BN Srikrishna.
The text of the Home Minister P Chidambaram's opening remarks at the meeting where he released the Justice BN Srikrishna report on the Telangana issue
The government may defer the implementation of the sixth Pay Commission award by a year or even two to reduce the fiscal burden of the recommendations that proposed a 28 per cent across-the-board salary increase for an estimated 4.5 million central government employees. The report of the commission headed by Justice BN Srikrishna was submitted to the government on March 24 this year, nearly a fortnight before its 18-month tenure was to end.
A group of lawyers and activists want India's privacy law to ensure that autonomy, dignity and privacy are safeguarded, and proposes a penalty provision of up to Rs 10 million for those found violating the code and a jail term extending up to three years or a combination of both. Mayank Jain reports.
The Sebi chief said that although the idea of an SRO has been challenged in court, he is hopeful of its implementation.
Chanda Kochhar, the high-profile ex-banker had on November 30 moved the Bombay high court challenging "termination" of her employment by ICICI Bank which also denied her remuneration and clawed back all the bonuses and stock options between April 2009 and March 2018 for her alleged role in granting out of turn loans worth Rs 3,250 crore to the Videocon Group which benefitted her husband Deepak Kochhar. A division Bench of justices Ranjit More and SP Tavade allowed her to implead RBI and directed the apex bank to file its reply by December 16.
Interestingly, in March 2018, the same board of ICICI Bank had given a clean chit to Kochhar with full-backing and had said there was no question of favouritism, nepotism or conflicts of interest on her part in granting loans to Videocon Industries or any other company.
The National Stock Exchange (NSE) has got into firefighting mode to control the reputational damage caused by the Securities and Exchange Board of India's (Sebi's) order against its former managing director and chief executive officer Chitra Ramkrishna and others. According to sources, the exchange's management over the past one week has met several key stakeholders, including officials in the finance ministry and Sebi, major shareholders, and trading members, trying to distance itself from the controversy. The exchange plans to hold more meetings in the coming week to ensure that trading volumes and confidence in the bourse don't get impacted, they added.
Lack of clarity on data-sharing persists, public health experts sceptic about the pilot that was run in six Union territories as benchmark for national roll-out
There is considerable speculation as to whether this award would have any bearing on another Vodafone-type case, namely, the ongoing tax-related arbitration proceedings with Cairn Energy.
The FIR also said chairman of New Development Bank K V Kamath, Goldman Sachs India chairman Sonjoy Chatterjee, Standard Chartered Bank CEO Zarin Daruwala, Tata Capital head Rajiv Sabharwal and Tata Capital senior advisor Homi Khusrokhan need to be investigated.
A glance back at some of the important ups and down Indian Inc faced in 2018.
