A former chief executive of Indian origin was found guilty in an accounting fraud will pay about $52 million over two years to the victims, a media report said.
The finance ministry is looking at rationalising long-term capital gains tax structure by bringing parity between similar asset classes and revising the base year for computing indexation benefit to make it more relevant, an official said on Friday. Currently, shares held for more than one year attract a 10 per cent tax on long-term capital gains. Gains arising from sale of immovable property and unlisted shares held for more than 2 years and debt instruments and jewellery held for over 3 years attract 20 per cent long term capital gains tax.
'There are multiple ups and downs.' 'You should be able to withstand all that.' 'You need to have the temperament to run a marathon.'
Sanjay Kumar, the former chief executive of Computer Associates International Inc, has pleaded not guilty on charges of a multibillion-dollar financial fraud levelled against him.
'Students of Tier-II and Tier III engineering colleges in the south may find 2023 to be one of the toughest years for getting jobs.'
Learning will become genuinely global as a result of immersive experiences. Edtech advances will increase engagement, enhance knowledge and dissolve geographical barriers, says Anant Bengani, director, Zell Education.
In 2024 so far, 20 startups have already visited the campus with 80 placements.
He said shooting sport has become much more than just aiming at the target and pulling the trigger.
The Supreme Court on Wednesday asked the Jalan-Kalrock consortium, the new owners of cash-strapped Jet Airways, how much have they paid towards dues on account of provident fund and gratuity to the former employees of the troubled airline. The top court made the query while commencing the hearing on a batch of petitions, including the one filed by the Jet Aircraft Maintenance Engineers Welfare Association, against the October 21, 2022 order of the insolvency appellate tribunal NCLAT.
Shrinking inflows and surging outflows on account of profit-booking has curtailed mutual fund (MF) investments in equities since April. The total investments made by equity MFs during the first three months of 2023-24 stands at just Rs 2,980 crore, compared with an average monthly investment of Rs 14,500 crore in 2022-23, reveals data from the Securities and Exchange Board of India. "We are seeing signs of moderation in non-systematic investment plan (SIP) contribution, which has impacted domestic fund inflows in recent months to some extent," says Kunal Vora, head-India equity research, BNP Paribas.
More than two weeks after the AIIMS cyber attack, Minister of State for Health Bharati Pravin informed the Lok Sabha on Friday that all the data has been retrieved from an unaffected backup server with most of its services also being restored.
The top court granted liberty to ex-servicemen association to file an application, if they feel aggrieved by any action of the Centre on payment of arrears of the OROP.
Shreekant Sambrani remembers P R S 'Biki' Oberoi, personal friend and hospitality icon, who passed into the ages this week.
The message is clear: The 60-year-old wise uncles need to handhold the 40-year-old entrepreneurs when, obsessed with ambition and greed for growth, they become a victim of hubris, points out Tamal Bandyopadhyay.
'There was a time between 1985 to the mid-1990s when computing power was with the chip. Then till 2005, the power was with network. We have now just entered a phase where the power will be with the people. People are the new computers,' says Dr Ramesh Raskar, associate professor at the Massachusetts Institute Technology's Media Lab.
The India personal computer (PC) market shipment, inclusive of desktops, notebooks, and workstations, dropped by an overall 30.1 per cent in the first quarter of CY2023 over the previous year, to only 2.99 million units, according to the latest data from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker released on Tuesday. In Q1CY23, while the demand for desktops was positive, the notebook category witnessed another weak quarter as it declined by 40.8 per cent year-on-year (y-o-y). The consumer segment declined by 36.1 per cent y-o-y primarily due to slowing demand and weak market sentiment.
Economic strangulation, information blackout, computer virus and hypersonic missiles will be the weapons of the future, says Air Chief Marshal VR Chaudhari.
The court also imposed a fine of Rs 35,000 on him.
'Every type of deal that US government officials were privately indicating 'hope' to have included a few months back made it in.'
'Don't wait until the last minute. Instead, cultivate the habit of monitoring your Form 26AS throughout the year.'
Nandan Nilekani, co-founder and chairman of Infosys and the founding chairman of UIDAI, has donated Rs 315 crore to the Indian Institute of Technology (IIT) Bombay.
The addition of new flights at airports will now be based on passenger-handling capacity at security checkpoints, according to the Bureau of Civil Aviation Security (BCAS). The civil aviation security regulator issued directions in this regard on May 22 in a move to reduce congestion and delays inside airport terminals. Following this, airports will have to check passenger-handling capacity at security checkpoints before allotting slots.
As per the alliance, NIIT will offer new programmes in cloud and emerging technologies in association with Microsoft.
Within days of announcing mega investments for building in Hyderabad its second data centre cluster in India, Amazon Web Services (AWS) on Monday said it is excited about the India market, where cloud adoption offers massive headroom for growth. Pledging its long-term commitment to the India market, AWS, Amazon's cloud computing unit, said it expects global uncertainties to accelerate the decisions by companies to opt for flexible, on-demand cloud infrastructure to pare costs, gain efficiencies and drive business innovation. "Cloud reacts well to uncertainty," Puneet Chandok, president - commercial business, AWS India and South Asia, Amazon Internet Services Pvt Ltd (AISPL) told PTI.
The suicides have involved more NEET aspirants than JEE. 'It's a make-or-mar situation.' 'Either you get into a government medical college, where the fee is much lower than in private institutes, or you don't make it.'
Penalties for non-disclosure or inaccurate disclosure of these details can be severe.
'When I told Mr Narayan Murthy, he said it was great that I was following my dream.'
The Delhi police on Tuesday arrested two persons including NewsClick founder Prabir Purkayastha in connection with a probe in the portal's foreign funding, officials said.
India must evolve its own standards on how democracy must be ranked in a diverse and multi-religious, multi-ethnic, multi-lingual and pluralistic idea called India, suggests R Jagannathan.
Leading stock exchange NSE's board has given its approval to the Central Bureau of Investigation (CBI) to prosecute its former MD and CEO Chitra Ramkrishna in the co-location scam case, sources said on Monday. The CBI was awaiting the go-ahead of the board of National Stock Exchange of India (NSE) to prosecute Ramkrishna following her arrest in March last year. She was arrested in the co-location scam nearly four years after an FIR was registered by the agency in May 2018.
In the ancient world there is a great deal of give and take and reciprocal learning. India was an integral and important constituent of such interchanges of goods and ideas.
"On space, we will be able to announce that India is signing the Artemis Accords, which advance a common vision for space exploration for the benefit of all humankind," a senior administration official said hours before the meeting between Prime Minister Narendra Modi and President Joe Biden in the Oval Office.
This isn't a hatchet job, and my excuse for the exercise is my feeling that when you invert some of the clichés mentioned here, you might just arrive at the portals of genuine movie-making energy, says Sreehari Nair.
