The Supreme Court on Friday refused to accept in a sealed cover the Centre's suggestion on a proposed panel of experts for strengthening regulatory measures for stock markets in the wake of the recent Adani group shares crash triggered by Hindenburg Research's fraud allegations.
Currently, Deloitte, EY and KPMG with their associates work as statutory auditors of most of the top league domestic IT services firms. Owing to many alleged auditing lapses, the regulators have either imposed restrictions on the audit firms or are seeking to do so.
The execution of death warrants of these convicts have been deferred thrice so far due to delays by them in exhausting their legal remedies.
The central government on Monday issued a Gazette notification to extend the tenure of defence secretary, home secretary, director of Intelligence Bureau, and secretary of Research and Analysis Wing for a period of two years.
United States President-elect Joe Biden on Monday named two Indian Americans -- Reema Shah and Neha Gupta -- to the Office of the White House Counsel.
The Samyukt Kisan Morcha (SKM), an umbrella body of the agitating unions, is meeting on Sunday to decide on the next course of action, including on the MSP issue and the proposed daily tractor march to Parliament during the upcoming Winter Session, SKM core committee member Darshan Pal said.
BCCI has sent a 23-point agenda to all affiliated units 21 days prior to the holding of the AGM.
The Supreme Court on Thursday voiced serious concern over the running of fake news on social media platforms and web portals, and said even news shown in a section of channels bears communal tone, which may bring a bad name to the country.
The government on Wednesday notified its decision to permit 100 per cent foreign direct investment (FDI) under automatic route in the telecom services sector. In a press note, the Department for Promotion of Industry and Internal Trade (DPIIT) said foreign investment in telecom services will be subject to the condition of Press Note 3 of 2020. Accordingly, cases requiring prior government approval under the provisions of Press Note 3 will continue to be in place.
The remarks by the top court came at the fag end of the day-long hearing after WhatsApp, while opposing the maintainability of the plea challenging its 2016 privacy policy, explained the nitty-gritty involved in it.
A rare bonhomie among three private telecom companies in raising tariffs coming on the back of a bailout package by the government may have helped the telecom sector avert a crisis but the challenges haven't ceased to exist as the industry faces a cash-guzzling task of rolling out 5G networks in the coming months. The sector that provides direct and indirect employment to millions is projected to see Rs 1.3 lakh crore to Rs 2.3 lakh crore of investments in the coming years in creating robust infrastructure and building telecom and network products that have been incentivised by the government through PLI and other initiatives. After years of cut-throat competition and the apex court ruling on payment of past statutory dues left some players in the lurch, billionaire Sunil Mittal's Bharti Airtel and struggling Vodafone Idea almost in tandem raised tariffs, taking the plunge they had long been talking about.
'There is no rationale behind the modelling methodology used by WHO to arrive at the estimate'
India's current account deficit is expected to deteriorate in the current fiscal on account of costlier imports and tepid merchandise exports, according to the Finance Ministry's monthly economic review. The review released on Thursday by the ministry also said that global headwinds would continue to pose a downside risk to growth as crude oil and edibles, which have driven inflation in India, remain major imported components in the consumption basket. For the present, it said, "their global prices have softened, as fears of recession have dampened prices somewhat. This would weaken inflationary pressures in India and rein in inflation."
The Supreme Court on Monday stayed the ongoing inquiries by two separate panels of the Centre and the Punjab government into the security breach during Prime Minister Narendra Modi's recent visit to Punjab, and said that it will set up a committee headed by a former apex court judge to probe it.
The 50-year-old's lawyers had argued that he should not be taken to the US because of a real and 'oppressive' risk of suicide and won the right to appeal in Britain's highest court.
A special court in Mumbai on Wednesday reserved till Thursday its order on the bail pleas of former Maharashtra home minister Anil Deshmukh and state minister Nawab Malik seeking the one-day relief to cast their votes in the June 10 Rajya Sabha elections.
The International Shooting Sport Federation (ISSF) and its Athletes Committee headed by Abhinav Bindra, on Tuesday received brickbats from three-time Olympic medallist Rajmond Debevec, who said gender equality in the 2020 Olympic Games could have been achieved without scrapping the existing three events.
Threatened with contempt action against the Indian Army and its chief Manoj Mukund Naravane by the Supreme Court over non-compliance of its earlier orders, the defence force agreed on Friday to grant permanent commission to all of its eligible women officers.
Apart from the second pandemic upsurge in Haryana which devastated its cities and villages, in most districts panchayats stopped inviting BJP-JJP leaders to social gatherings, while a few announced a boycott.
The Supreme Court on Friday directed the managing directors and directors of telcos and other firms to explain why contempt action be not taken against them for non-compliance of its order to pay adjusted gross revenue (AGR) of Rs 1.47 lakh crore to the department of telecommunications.
The big question is whether the regulators will have the courage to prosecute the bigwigs in the cities.
Resignations of Anil Ambani and four other directors were conveyed to the CoC of RCom in its meeting on November 20 and were unanimously rejected.
The department also said there is nothing to suggest that the state authorities failed to address any shortage of COVID-19 drugs.
The Supreme Court on Tuesday issued notice to the Centre on a batch of pleas seeking an independent probe into the alleged Pegasus snooping matter, making it clear that it did not want the government to disclose anything which might compromise national security.
'India's defining characteristic has been its ability to manage and sustain democratic governance through an accommodation of ethnic, linguistic, and religious diversity.'
Sensitive cases like the validity of the scrapping of Article 370 of the Constitution, the Citizenship Act, and states challenging perceived assault on federalism were on the back burner. An analysis of the judgments delivered in the past months would show that it was acting more like a court of appeal rather than a Constitutional court, observes M J Antony.
The Indian market regulator had revamped the FPI regulations in 2014 giving custodians the mandate to collect and verify the KYC documentation of offshore investors
Under fixed-term employment, workers are entitled to all statutory benefits available to a permanent worker in the same factory. However, employers may not give notice to a fixed-term worker on non-renewal or expiry of his or her contract.
Bhushan on August 31 was directed to deposit the fine with the Supreme Court registry by September 15 and failure to comply would entail a three-month jail term and debarment from law practice for three years.
The government of Pakistan, on Friday, withdrew its appeal filed against the Islamabad High Court's decision to reinstate Zaka Ashraf as the Chairman of the Cricket Board.
Justice Suresh Kait issued a notice to the CBI on Chidambaram's bail plea in which he has claimed that it was the case of 'political vendetta'.
The Madras high court has ordered the winding up of private carrier SpiceJet Limited and directed the official Liquidator attached to the high court to take over its assets, in a plea filed by a Swiss company over unpaid dues. The court was allowing a company petition from Credit Suisse AG, a stock corporation registered under the laws of Switzerland, which prayed for winding up of the Indian firm under the provisions of the Companies Act, 1956 and appoint the Official Liquidator of the high court as the liquidator with all powers under Section 448 of the Companies Act to take charge of SpiceJet's assets, properties, stock in trade and books of accounts. The "respondent company (SpiceJet) has miserably failed to satisfy the three pronged test suggested by the Supreme Court in Mathusudan Govardhandas & Co v Madhu Woollen Industries (P) Ltd, and hence had rendered itself liable to be wound up for its inability to pay its debts under Section 433 (e) of the Companies Act 1956," Justice R Subramanian said in his order on Monday and directed the private carrier be wound up and the official liquidator take over its assets.
Governments that do not respect central banks' independence will sooner or later incur the wrath of the financial markets, ignite economic fires, and come to rue the day they undermined an important regulatory institution; their wiser counterparts who invest in central bank independence will enjoy lower costs of borrowing, the love of international investors, and longer life spans, said Acharya, who will return to the New York University's Stern Business School in August.
The ruling by a federal judge in Oregon means that there will be no change in the H-1B visa issuance process for the fiscal 2018 which begins on April 3.
The superintendent of Taloja jail has just been transferred. Does that signal a more human phase in prison for the Bhima Koregaon accused? asks Jyoti Punwani.
'Coupled with e-filing procedures it would really enhance the ability of the judiciary to provide speedier justice.'
A day after the Supreme Court decided to interpret the provision of Leader of Opposition in Lok Sabha, Speaker Sumitra Mahajan on Saturday said her denying LOP's post to Congress was based on rules and tradition and that the Apex court had made no observation against her.
The CAG report, tabled in Parliament, states the interest on the short payment stood at Rs 1,052.13 crore for the period up to March 2016.
In a statement to formally update parliament on her European Council meeting last week where the EU agreed to a short delay to the March 29 Brexit deadline, the British PM said she remained committed to "guarantee Brexit" even if it isn't as initially planned for this Friday and would continue to lobby MPs to get the support required for another vote on the withdrawal agreement agreed with the European Union.
"When matter is pending for CBFC's consideration, how can persons holding public offices comment on whether CBFC should issue certificate or not? It'll prejudice decision making of CBFC... All concerned people, holding responsible posts must be guided by rule of law and shouldn't venture into passing comments on films which haven't been cleared by CBFC. It'll prejudice minds of board members while taking a decision," a Supreme Court bench hearing the plea observed.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances