Eventually it boils down to whether Board compensation committees whose job is to fix salary levels have the power to question the CEO, especially owner-CEOs.
FC Goa co-owners Srinivas Dempo and Dattaraj Salgaocar withdrew their stakes from the franchise, on Friday, surprisingly soon after the Indian Super League Appeals Panel lifted the ban on the duo for "bringing disrepute" to the tournament following last year's final.
Swiggy is shoring up capital to defend its position as India's largest food-ordering app as rivals Zomato and FoodPanda focus on growth after receiving funds
In this Budget, too, there were a number of measures aimed at plugging tax leakages and ensuring greater compliance, says Sanjay Kumar Singh.
The 10 accused in the case include prime accused Satyam Computers founder and former chairman B Ramalinga Raju, his brother and Satyam's former MD B Rama Raju, ex-CFO Vadlamani Srinivas, former PwC auditors Subramani Gopalakrishnan and T Srinivas, Raju's another brother B Suryanarayana Raju, former employees G Ramakrishna, D Venkatpathi Raju and Ch Srisailam, and Satyam's former internal chief auditor V S Prabhakar Gupta.
Move comes as huge provisions for bad loans push loss to Rs 4,488 crore.
Indian Super League side FC Goa, which was slapped a Rs 11 crore fine and their co-owners Shrinivas Dempo and Dattaraj Salgaocar banned for two and three seasons respectively, has challenged the order of the tournament's regulatory commission.
The Union Health ministry put the number of positive cases at 82, eight more since Thursday night, which includes the woman and a 76-year-old man from Karnataka who became the country's first coronavirus fatality besides 17 foreign nationals, Health Ministry officials said.
The Finance Ministry has already circulated a draft Cabinet note withdrawing the conciliation offer to Vodafone to resolve the Rs 20,000-crore (Rs 200-billion) tax dispute case.
The bid includes a commitment by ESPN Star Sports to spend $75 million to market the tournament, which is the international version of the popular Indian Premier League Twenty20 tournament.
Dream rally: Investors' wealth doubled in 5 years in India's equity market on Friday.
'Why do we feel our parents are not human? That our mother is not a woman?'
Having missed out on lucrative offers in the inaugural edition after his I-League club, Bengaluru FC, refused to release their players for the tournament, Indian football ace Sunil Chhetri is raring to go in the second second season which kicks-off on October 3.
The government has so far closed bids for 13 blocks.
'What has he done for the state and the people?' 'The state has witnessed extraordinary problems. Where was he then?' 'Has he spoken about any issues or taken a stand?'
'This is the only country where success seems to be viewed as a bad thing.' 'Other governments and countries go out of their way to protect a successful organisation. Here we find ways of destroying it.'
Sooper Se Ooper will not be able to make you laugh like Sidhu or Archana Puran Singh performing on their respective shows but it will make you chuckle to yourself softly at situations and the characters' reaction to them, writes Paloma Sharma.
The CBI action came a day after the agency filed its second charge sheet in the case alleging that former director general (state armed police) and Trinamool Vice President Rajat Majumdar and East Bengal Club official Debabrata Sarkar were beneficiaries of the money collected through chit fund scam.
In a stern 'perform or take VRS' warning to officials sitting on files, Union Minister Nitin Gadkari on Thursday asked them not to become obstacles in the way of India achieving world class infrastructure.
As the legendary actor turns 60 today, we look at his finest performances in the last six decades.
INX Media, the company set up by Indrani Mukherjea, wife of ex-Star Group CEO Peter Mukherjea, has roped in three top advertisers -- Vodafone, Reliance Industries and Future Group -- for their Hindi entertainment channel 9X. Each of these advertisers are believed to be paying Rs 35-40 crore (Rs 350-400 million) for a three-year contract. The television broadcaster has formed Club INX, which will include corporates keen to advertise on the channel.
News of all that's transpired on and off the football field
Firms that have a turnover of under Rs 1 cr can pay tax without maintaining books.
The Finance Ministry is of the opinion that Vodafone might drag its tax dispute to court.
Top shuttlers, including Olympic champion Carolina Marin of Spain and Rio silver medallists P V Sindhu, will be for grabs when the high-profile Players' Auction for the lucrative Premier Badminton League (PBL) gets underway in New Delhi on Wednesday. Besides Marin and Sindhu, Olympic bronze winner Viktor Axelsen of Denmark will be among the 16 Olympic medallists who have confirmed their participation at the second edition of the event to be held from January 1 to 14.
Sensex gained over 100 points and ended at 26147.33 while the Nifty ended 27 points higher at 7,795.75.
Ganguly is one of the 11 members of the world cricket committee, chaired by Mike Brearley of MCC, which announced the new Laws of Cricket, to be incorporated in the ICC Playing Conditions.
'I don't think I will have a release in 2015.' Aamir Khan talks business, and PK.
'Indian startups have raised $3.5 billion in funding in the first half of 2015'.
You can see Messi, Suarez and other South American superstars play in the Copa America. Why then are soccer fans ignoring the oldest football tournament and looking forward to the European championships, which begins in France on Friday?
The mass cycling event is all set to kick off on November 5, but looks like Indian roads, offices are not yet cycle-ready!
India's richest real estate entrepreneur Kushal Pal Singh on Monday became the country's third trillionaire in rupee terms with a sharp rise of four per cent in his group's flagship company DLF Ltd, pushing its market value to about Rs 1,14,744 crore
High or low, back and forth, Mukesh Ambani seems to gain from any which way the market moves as his wealth grew by over Rs 2,600 crore (Rs 26 billion) after the initial setback saw the Sensex tanking over 1,700 points and the top five richest Indians losing about Rs 1 trillion.
Apply the 'insurgent' tests on what Ambani, Ramdev and Agarwal have done of late, and you will start seeing the similarities rather than obvious differences of industry, upbringing or social station, says Shailesh Dobhal.
He also said that Bharatiya Janata Party MP Subramanian Swamy has not lied about the deal but it seems he has been misled.
'The government believes there is still significant scope to bring more people under the tax net and collect the right amount of taxes, in cases where taxpayers are underpaying,' says Kuldip Kumar, partner and leader personal tax, PwC.
And yet, Sanjay Leela Bhansali and Rohit Shetty share so much in common!
'The scenario today, whether in 'Everybody is concerned only with 100 crore films... If our starting point is going to be "How much money will it make? Will it go into the 100 crore club?" then I am not interested.'
To increase gas availability for power plants, the Ministry of Petroleum and Natural Gas has taken various steps.
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