Edtech company Byju's, which was once India's most valuable start-up worth an estimated $22 billion, will face insolvency proceedings for failure to pay Rs 158.9 crore to cricket board BCCI. The Bengaluru bench of the National Company Law Tribunal (NCLT) on Tuesday allowed bankruptcy proceedings against the firm and appointed an interim resolution professional, suspending the company's board of directors and freezing its assets.
Three cases have been registered against him after a huge cache of leaked videos purportedly showing several women being sexually abused by Prajwal.
The Delhi high court on Wednesday dismissed a petition by Neelam Azad, an accused arrested in the December 13 Parliament security breach case, seeking her release on the grounds that her police remand was illegal.
Reuters reported earlier this week that the Competition Commission of India (CCI) has sent a warning notice to the companies expressing concern that the merged entity will effectively have a monopoly on cricket broadcast rights worth billions of dollars, allowing it to squeeze advertisers.
Shaikh, the principal of Somaiya School in Mumbai's Vidyavihar area, described her "termination" from the post as "completely illegal, drastic and unwarranted" and expressed shock over the "politically motivated" action.
In a move that will benefit a significantly large number of Indian technology professionals, the US is set to begin a pilot programme for domestic renewal of certain categories of H-1B visas in December. The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise. Technology companies depend on it to hire tens of thousands of employees each year from countries like India and China.
State officials "not happy" after meeting with CoA
'He is convinced that this will help him in the next election.' 'But as we know, the best laid plans of mice and men can go awry.'
Supreme Court judge DY Chandrachud has expressed anguish over the withdrawal of a 'Karva Chauth' advertisement featuring a same-sex couple due to "public intolerance," saying there is a need to change the mindset of both men and women.
US short-seller Hindenburg Research had shared an advance copy of its damning report against Adani group with New York-based hedge fund manager Mark Kingdon about two months before publishing it and profited from a deal to share spoils from share price movement, according to market regulator Sebi. The Securities and Exchange Board of India (Sebi), in its 46-page show cause notice to Hindenburg, detailed how the US short seller, the New York hedge fund and a broker tied to Kotak Mahindra Bank benefited from the over USD 150 billion routs in the market value of Adani group's 10 listed firms post-publication of the report.
Why are financial-technology (fintech) players moving back to India, or doing the reverse-flipping?
The company said it has suspended the staffers and that it was part of the operation to unearth this crime.
From the time he first rose to prominence during the movement against the then UPA government, Arvind Kejriwal has regularly grabbed headlines for his surprise moves and decisions. Here are 10 such instances.
Hasina was set to travel to London from India but is now contemplating other options after the British government indicated she may not get legal protection in the UK against any possible investigation, they said.
The levy has also been removed on low cost houses up to a carpet area of 60 square metres in a housing project under any housing scheme of the state government.
The opposition parties on Sunday slammed the move to hire public servants through lateral entry, claiming it will snatch reservations from SCs, STs and OBCs, but the Bharatiya Janata Party hit back stating the National Democratic Alliance government was bringing transparency to this mode of recruitment started by the Congress-led United Progressive Alliance.
A fascinating glimpse from Somak Ghoshal's 10 Indian Heroes Who Help People Live With Dignity.
A case of attempt to murder and dacoity has been registered against three army lieutenant colonels and 13 others for their alleged involvement in a violent attack on the Kupwara police station, according to the FIR.
Some states are taking a legal view on the state GST rate and the compensation rules ahead of the Goods and Services Tax (GST) Council meeting, which is likely to be held in mid-June, said people in the know. While the agenda is still being finalised, several states are likely to take up the matter related to GST compensation and may pitch for its continuation beyond the June 30 deadline. States would like to know how they would divide the compensation collected after June 2022 for payment of principal and interest of compensation shortfall borrowing and arrears to states, sources said.
Indian-origin doctors on Friday won an appeal in the British high court under which international medical graduates on the Highly Skilled Migrant Programme visa can expect to be treated on merit for the 2008 recruitment process and onwards when they compete with UK and EU citizens for postgraduate training jobs.
'No one is propagating RSS ideology as a government officer.'
To me he always symbolised the sincere, confident, face of a Bharat whose rise is unstoppable. Ratan Tata was a Rishi who was unquestioningly trusted by people who never saw him and never met him, asserts Tarun Vijay, the former BJP MP.
Social media giant 'X' Corp has told the Delhi high court that a direction to remove from all countries posts considered defamatory by journalist Rajat Sharma would be contrary to international law and principles of comity of nations and encroach upon the sovereignty of all other countries.
'A rigid or overly broad interpretation could lead to a chilling effect on investments and growth in sectors traditionally driven by private initiative.' 'Entrepreneurs may fear that their assets could be arbitrarily appropriated by the State under the guise of serving the 'common good' without sufficient legal safeguards.' 'The judgment thus supports a more nuanced view, one that balances individual property rights with public welfare objectives.'
The Delhi Police on Thursday moved a court seeking permission to conduct the polygraph test of all six people arrested in connection with the Parliament security breach matter.
'In India, managers and the leadership almost glorify overworking.'
In March, Adidas had announced top level management change and appointed Germans on the top positions.
A Qatari court has accepted the appeal document on the sentencing of eight former Indian naval personnel to death, sources familiar with the matter said.
Probationary Indian Administrative Service officer Puja Khedkar, who is in the eye of a storm for alleged misuse of power and manipulating disability and OBC quotas, sidestepped questions related to the ongoing probe against her on Monday, saying the truth will eventually prevail, while the Pune police searched for her parents in a separate criminal case.
Commerce and Industry Minister Piyush Goyal on Wednesday questioned Amazon's announcement of $1 billion investment in India, saying the US retailer was not doing any great service to the Indian economy but filling up for the losses it had suffered in the country. He said that their huge losses in India "smells of predatory pricing", which is not good for the country as it impacts crores of small retailers.
Trouble started brewing after Cognizant announced that Ravi Kumar, former Infosys president, would take over as the Nasdaq-listed company's CEO.
The value of the Indian Premier League went up 6.5 per cent to USD 16.4 billion (around Rs 134,858 crore) in 2024, according to a report by American investment bank Houlihan Lokey.
There is a heightened security presence and barricades have been erected outside the Indian High Commission in London on Wednesday due to a planned demonstration called by some British Sikh groups.
They also slammed the "violent rhetoric" against India's Ambassador to the US Taranjit Singh Sandhu and said free speech does not mean a license to incite violence or vandalise property.
'What my Labour government will seek with India is a relationship based on our shared values of democracy and aspiration. That will seek a free trade agreement (FTA), we share that ambition, but also a new strategic partnership for global security, climate security, economic security'
They said according to the Hague Convention, the service upon a foreign entity had to be served through the prescribed rules.
The mandatory use of the Indian flag on SCI's ships has been a bone of contention with prospective buyers, on account of the costs it will entail in terms of taxation and vessel registration.
India on Thursday said it remains committed to take forward its development agenda with the Maldives, including implementation of various welfare projects in the island nation.
Verma, 54, who served as a former US ambassador to India from January 16, 2015, to January 20, 2017 is currently the chief legal officer and head of global public policy at Mastercard.
The dealers operating in the space have jumped nearly three times over the past two years.
