Hyderabad police on Thursday arrested two senior executives of scam-hit Karvy Stock Broking Pvt Ltd for allegedly involving in diverting funds raised from banks by pledging clients' securities as collaterals. According to a police press release, Rajiv Ranjan Singh, chief executive officer and G. Krishna Hari chief financial officer of Karvy were arrested basing on a complaint by IndusInd bank.
Tata Sons has moved the Supreme Court against an estimated Rs 300-crore (Rs 3-billion) sales tax demand from the Maharashtra state government.
First-time Bharatiya Janata Party MLA Rahul Narvekar on Friday filed his nomination as the party candidate for the post of Maharashtra assembly speaker, election for which, if required, will be held on July 3.
Alia has connections with several places about the globe -- Gujarat, Kashmir, UP, Germany, England -- and hails from a splendidly multi-cultural family.
The commercial vehicle business is one of the mainstays for the Tata group, highlighting the importance of Girish Wagh's appointment.
The rising pitch of road shows and long rallies with hectoring pitches seem to have exhausted and numbed the audiences, rather than motivating them to vote for the party, observes Shreekant Sambrani.
Ahead of the board meeting that afternoon, in fact only minutes before that, then chairman Cyrus Mistry was given an opportunity to step down, it is learnt. But, Mistry declined
A private member resolution seeking that the government implement the recommendations of the Sachar Committee report and other reports that have discussed the educational and social backwardness of Muslims and enact a legislation for the prevention of atrocities against minorities was moved in the Rajya Sabha on Friday.
President Droupadi Murmu administered him the oath at a brief ceremony held at the Rashtrapati Bhavan.
The court indicated that it was not inclined to allow the amendment and sought to know from Malik's lawyers if they wish to withdraw the petition and file a fresh plea.
The unfortunate associations with the name Charles for an English king -- one who was executed; the other with a very unsavoury reputation -- led royal observers to assume that Charles would not take his Christian name when he became king.
Television actor Tunisha Sharma was founding hanging on the sets of a serial in Mumbai on December 24, one more instance of a showbiz aspirant allegedly taking the extreme step.
The 11 convicts on Monday walked out of the Godhra sub-jail after the Gujarat government allowed their release under its remission policy.
Maharashtra housing minister and NCP leader Jitendra Awhad was arrested on Thursday and later released on bail in a case of alleged assault on a social media user at his house.
Tata Sons has started the process of due diligence of state-owned Air India and its subsidiary Air India Express. Sources said the group has appointed Bain and Company and Seabury Group for this purpose. Once complete, a financial bid will be submitted and a deal to take over the airline is likely to fructify by end of this year or even earlier, people involved in the process said. Simultaneously, the group has brought in veterans in the aviation business from Delta and United Airlines to prepare a plan for post-merger integration of Air India with its existing airline ventures. Tata Sons operates Vistara - a 51:49 percent joint venture with Singapore Airlines and Air Asia India, in which Tatas hold 83.67 per cent stakes.
Mr Tata said a letter had arrived in his office from a young woman who had applied for the graduate engineering programme of TELCO Pune and been turned down. 'I wouldn't interfere with your selection process, Maira,' he said. 'However, I am calling you because this lady says that her rejection letter says that though she is very well qualified for the programme, TELCO Pune cannot select her because she is a woman.' 'Why are you discriminating against women?' he asked. A must read excerpt from Arun Maira's The Learning Factory: How The Leaders Of Tata Became Nation Builders.
The court remanded advocate Uke and his brother Pradeep Uke in the ED's custody till April 6.
Sony India and Zee Entertainment Enterprises (ZEEL) have agreed to sell three Hindi channels--Big Magic, Zee Action and Zee Classic--to address anti-competition concerns arising out of their proposed merger. The broadcasters submitted their proposal to the Competition Commission of India (CCI), which gave a conditional approval on October 4. On Wednesday, the CCI made public its detailed 58-page order, specifying the channels that would be dropped.
'These naval sailors should have been given due respect as freedom fighters.' 'February 18, 1946 should be as important as January 26 because that date changed everything.'
Poor governance and mediocre short-sighted politics are destroying the paradise that Goa was as its environment, water table, culture and way of life is drastically threatened by tourism and migration, points out Ramesh Menon.
'It's like attending two months of laughing school when we are shooting.' 'If anyone is depressed and needs laughing yoga, they should come to our sets.'
Deshmukh denied the allegations raised against him by Singh during questioning and told the officers that they were an attempt to malign the image of the state government, sources said.
The Bombay high court on Friday granted bail to scholar-activist Anand Teltumbde, arrested in the Elgar Parishad-Maoist links case.
'Name?' 'Amitabh.' 'Can't be only Amitabh. Amitabh what?' 'Bachchan. Amitabh Bachchan.' Alarm bells. 'Are you related to Dr Bachchan?' 'Yes,' he hesitated, 'he is my father.' 'Then this contract cannot be signed today. He is my old friend. I cannot give you this contract without his permission.' A fascinating excerpt from K A Abbas's Sone Chandi Ke Buth.
The branch managers have come out of their glass cabins and the sellers' market has transformed into a buyers' market, but there is no end to the harassment of customers, asserts Tamal Bandyopadhyay.
Singh, a 1988-batch IPS officer, was removed from the post of Mumbai Police Commissioner on March 17 and was made the General Commander of Maharashtra State Home Guard after he levelled allegations of corruption and misconduct against the then Home Minister and senior NCP leader Anil Deshmukh.
The 83-year-old, who has challenged the Bombay high court's April 13 order rejecting his plea for permanent bail on medical grounds, is currently on interim bail on medical grounds and he was to surrender on July 12.
It is a 'very disturbing' scenario in Maharashtra where former police commissioner Param Bir Singh does not have faith in his own force and the state government has no faith in the Central Bureau of Investigation, the Supreme Court said on Tuesday.
'They are both very individualistic and have similar personalities.'
'The mohabbat Shah Rukh Khan gives out on screen is very important in today's times.'
The court was hearing a petition filed by Navlakha seeking that he be shifted from custody in the Taloja prison in Navi Mumbai to judicial custody in the form of house arrest owing to his advanced age and the host of ailments that he suffers from.
The ever-astute Ravi Matthai, Director of Indian Institute of Management, Ahmedabad in 1971, offered me a basic salary of Rs 1,000 per month on my return from the United States. I doubt if IIMA could hire a faculty member at Rs 55,000 per month today! points out Dr Shreekant Sambrani.
Investment firm Invesco Developing Markets Fund, the largest shareholder in Zee Entertainment Enterprises, on Thursday said it will support the Zee-Sony merger deal and has decided not to pursue the call for ZEEL EGM to remove managing director and CEO Punit Goenka and two independent directors. The company said it will support the merger of Zee and Sony, contending the "deal in its current form has great potential for Zee shareholders" but added if it is not completed as currently proposed, Invesco retains the right to requisition a fresh EGM. Two days after the Bombay high court ruled that Invesco's call for EGM was legally valid, the investment firm in a statement said, "Since we announced our intention to requisition an EGM and add six independent directors to Zee's Board of Directors, Zee has entered into a merger agreement with Sony.
'Rakesh's life is hard, but he knows how to find joy.' 'He doesn't think his life's value comes from money. He sees no shame in his poverty.'
A resolution commemorating the life of Indian human rights defender Father Stan Swamy and seeking an independent investigation into the death of the Jesuit priest has been introduced in the US Congress, Congressman Juan Vargas has said.
Which fund companies' equity funds clocked the best median performance over a five-year period? Here's the answer!
'Cyrus was also generous, hospitable, sharing of whatever he had.' 'He never ever acted like the inheritor of great wealth.'
Continuing his investment spree in India's hot start-ups, Ratan Tata on Friday invested in Kyazoonga.
Maharashtra minister and Nationalist Congress Party leader Nawab Malik on Saturday claimed that some unidentified persons tried to conduct a recce of his residence in Mumbai and also tried to gather information about himself and his family members.
The Goa bench of the Bombay high court on Thursday upheld the Goa assembly speaker's order dismissing two petitions seeking the disqualification of 12 MLAs who left their respective parties and joined the ruling Bharatiya Janata Party in 2019.
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