Over 95 per cent of organisations in India have experienced new types of fraud incidents in the past two years, a PwC Survey said on Tuesday. Following the outbreak of the COVID-19 pandemic, the uncertainties associated with it, subsequent shift to digital operations and remote working, businesses have been exposed to new risks related to digital security, employee safety and disinformation, said the PwC's 'Global Economic Crime and Fraud Survey 2022' report.
'If such a practice were feasible, every state would seek additional funds, posing a significant risk to the overall health of the economy.'
In June last year, Tech Mahindra completed acquisition of Mahindra Satyam -- erstwhile Satyam Computer Services -- to become India's fifth largest software services firm. Mahindra is also the Chairman of Tech Mahindra.
Reliance General Insurance Company (RGIC), a subsidiary of Reliance Capital, finds itself in a bind as the Directorate General of GST Intelligence (DGGI) has issued multiple Show Cause Notices (SCNs) amounting to Rs 922.6 crore. This development comes at a time when Reliance Capital is currently undergoing a debt resolution under the National Company Law Tribunal (NCLT) process in which the Hinduja group has emerged the winner. The Hinduja acquisition is currently awaiting the Supreme Court's approval after the Torrent group, the winner of the first round, challenged the second auction conducted by the lenders of Reliance Capital.
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
'Is the Agniveer scheme or their post-retirement re-employment in paramilitary forces or in the state governments the BJP's answer to the crying need on the job front?' 'Or, even Finance Minister Sitharaman's one-year internship scheme in the public and private sector, is it a permanent solution, either?', asks N Sathiya Moorthy.
The company at present provides monthly mobile services at starting price of Rs 24 without data, and plans with data service starts from Rs 33 onward. It did not disclose the quantum of hike.
"Allah ko pyaari ho gayi meri beti," said Ansaar, whose 11-day-old daughter was among the seven newborns killed in a blaze at a childcare hospital.
With billionaire Elon Musk closing the deal to buy Twitter and firing the social media firm's four top executives, twitterati in India on Friday seemed divided with many who were vocal against content moderation on the platform hailing the development while others sounding a note of caution. Musk has completed his $44 billion (one billion=100 crore) takeover of Twitter and fired the social media company's four top executives, including CEO Parag Agrawal and legal executive Vijaya Gadde, according to the New York Times. Musk singled out Gadde, 48, criticising her for her role in content moderation decisions at the company, the report said.
The Supreme Court is scheduled to hear on May 8 a plea challenging the promotion of 68 Gujarat lower judicial officers, including Surat Chief Judicial Magistrate Harish Hasmukhbhai Varma who had convicted Congress leader Rahul Gandhi in a defamation case, on the ground of allegedly disregarding the 'merit-cum-seniority principle'.
Besides launching initiatives for technological, administrative and infrastructural improvement, Chandrachud, like his illustrious father Y V Chandrachud, who was the Chief Justice of India for the longest time from February 22, 1978 to July 11, 1985, kept delivering significant verdicts in the last one year.
'When manufacturing or even services cannot generate the kind of employment they are looking for, they prefer to be unemployed rather than under-employed.'
The EU mission noted that political and campaign fundraising and financial expenditure lack transparency and effective oversight.
'People don't know about the immense pressures that come with this position -- every decision a judge takes affects real people and their lives.' 'This is not a job that one can take lightly.' A
The suspended WFI, despite being warned of legal action by the Sports Ministry for organising the 'nationals', went ahead with the tournament in Pune from January 29-31.
RBI's exercise will take into account standards of governance, the viability of the payment bank (PB) business model, and changes, if any, if needed.
The ceremony was attended by Vice President Jagdeep Dhankhar, Prime Minister Narendra Modi, Defence Minister Rajnath Singh, Home Minister Amit Shah and the family members of Advani, the Rashtrapati Bhavan said in a post on X.
Google is building voice and text search for over 100 Indian languages and will spend $75 million to support women-led startups in the country, said its CEO Sundar Pichai at the start of his visit to India - a nation that he saw as a big export economy. India, he said, will be a big export economy and it needs to create a balance between safeguarding citizens and enabling companies to innovate with its framework. Pichai first met Telecom and IT Minister Ashwini Vaishnaw and spoke at a Google for India 2022 event before calling on Prime Minister Narendra Modi.
The coaching-tuition-profiteering model built on the back of a broken education system is a scandal and an abomination, and must go, asserts Shekhar Gupta.
A Sikh Indian Police Service officer, who was deputed at Dhamakhali to prevent senior West Bengal Bharatiya Janata Party leader Suvendu Adhikari from visiting restive Sandeshkhali in North 24 Parganas district, got agitated after a group of activists of the saffron party allegedly hurled the 'Khalistani' jibe at him.
Three civilians picked up by the Army for questioning after the terrorist ambushed two Army vehicles on Thursday at Dhatyar Morh between Dhera Ki Gali and Buffliaz in Poonch were found dead on December 23.
The top court made it clear that prisoners are being released in an attempt to avoid overcrowding in jails due to the pandemic, also called COVID-19.
Will Foreign Minister Mr. Jaishankar please refer to the RTI reply dated 27-1-2015...The Reply justified the circumstances under which India acknowledged that a small island belonged to Sri Lanka," Chidambaram said.
The Telecommunications Bill, 2023, which was passed by a voice vote after a short debate, also allows the Centre to take possession of a telecom network in case of any public emergency or in the interest of public safety.
Inspiring story of India's 'Helmet Man' goes viral.
An influential immigration advocacy group representing Indian-Americans on Thursday urged the Biden administration not to issue the most sought-after H-1B work visa to any individual born in India, till the time the discriminatory country-cap on green cards or permanent legal residency is removed. The current per-country cap on issuing of green cards in the US has resulted in Indian professionals, mostly from the IT sector, having to wait for decades for their legal permanent residency. Issuing new H-1B visas to more Indians would add to this agonising painful wait for green cards, Immigration Voice said in a statement.
Dr Malhotra, who has demanded a full safety review into the use of AstraZeneca's Covid vaccine, told PTI Covishield "should never have been rolled out in the country in the first place".
In a major victory for Facebook, a United States court has ruled that it can block content without any explanation after a Sikh group filed a lawsuit challenging the blocking of its social media page.
India displayed its military might and vibrant cultural heritage on Rajpath on Wednesday with the grandest flypast with 75 aircraft to mark the 'Azadi ka Amrut Mahotsav' celebrations being the highlight of the 73rd Republic Day Parade, which was drastically scaled down in view of the Covid pandemic.
Officials said this was another example of Pakistan misusing higher studies as bait for recruitment in terror groups.
Prime Minister Narendra Modi made a pitch for electing a strong and stable government in an uncertain world beset by geopolitical tensions as the Bharatiya Janata Party on Sunday released its manifesto, prioritising development and welfare while shunning populist measures and contentious issues like the National Register of Citizens (NRC).
Chief Justice of India N V Ramana on Thursday set in motion the process of appointment of his successor by recommending the name of Justice Uday Umesh Lalit, the most senior judge, to the Centre.
Legal battles initiated by 1,000-odd former employees of the Talegaon plant continue to present a challenge for the acquisition process.
A readout of the meeting reportedly said Lord Johnson "made clear that he was keen to see a bigger Infosys presence in the UK and would be happy to do what he could to facilitate that".
More companies with unconventional business models to get into messy legal hassles in India.
Or has the world seen things like this before, asks Ajit Balakrishnan.
The single-judge bench of Justice Krishna S Dixit which dictated the operative portion of the judgement also imposed a cost of Rs 50 lakh on Twitter and ordered it to be paid to the Karnataka State Legal Services Authority within 45 days.
The scheme would cover women deserted in India or overseas within one year of the marriage and divorce proceedings initiated by the spouse within one year of the marriage.
Culver Max Entertainment, formerly known as Sony Pictures Networks India (SPNI), has terminated merger agreements with Zee Entertainment, which could have otherwise created a USD 10 billion media enterprise in the country.
Following are the key points of the three criminal law bills, that were passed by the Lok Sabha on Wednesday and seek to replace the Indian Penal Code (IPC), the Code of Criminal Procedure (CrPC) and the Evidence Act.
