Two-wheeler market leader Hero MotoCorp has denied the report of the IT Department finding Rs 1,000 crore false expense claims, saying it is speculative. The company said officials from the Income Tax department visited its offices in the previous week, and it has provided all support and cooperation, necessary documents and data to the authorities and will continue to do so if required. "The allegations made in the press report are not borne out of any documents that have been served on us or our internal documents.
The Bombay High Court has directed four office-bearers of the Aviation Industry Employees' Guild to resume duties by July 7, in a move that supports Air India's drive against absenteeism.
Jammu and Kashmir has been without an assembly since November 2018 when the then legislative assembly was dissolved by then Governor Satya Pal Malik after the People's Democratic Party-Bharatiya Janata Party coalition government fell apart earlier that year.
If the government is able to deliver the promised projects, the large number of youth will be taken off the streets and that is not acceptable to the Pakistan army nor the terrorists hiding in Pakistan, notes Brigadier Narender Kumar (retd).
The comments came in response to a Whitehouse.gov petition with more than 200,000 signatures calling on Trump to release his tax returns.
The health system is trying to ensure that it isn't caught by surprise -- the way it was last time. So, hectic preparations are on.
Drive My Car looks at the nature of grief through the emotions of reserved characters but conveys a world of healing that cannot be summed, only felt most ardently, most appreciatively, feels Sukanya Verma.
The mysterious Himalayan 'yogi' who allegedly advised Chitra Ramkrishna, former managing director and chief executive officer of the National Stock Exchange (NSE), on important matters of the bourse could be none other than Anand Subramanian, according to a letter written by former NSE chairman Ashok Chawla to the Securities and Exchange Board of India (Sebi). Subramanian was group operating officer of the NSE and advisor to Ramkrishna during 2015-16. He joined as chief strategic advisor in April 2013.
The market intermediaries have also been told to appoint designated directors to ensure compliance with new norms, who would face penal action for any lapses.
'Due to the ongoing pandemic and lockdown, we the sports bodies are unlikely to get any sponsorship and hence we may find it very difficult to restart our activities effectively'
Former Indian team captain Bishan Singh Bedi and ex-cricketer Kirti Azad on Thursday batted in the Supreme Court for implementation of Justice Rajendra Mal Lodha committee's recommendation on structural reforms in the Board of Control for Cricket in India.
The girl from the north east who now walks for the best names in international fashion today was content wearing hand-me-downs from cousins those days.
BharatPe co-founder Shashvat Nakrani has accused Ashneer Grover, with whom he had co-founded the payment startup, of creating a false narrative about the company, and said the board acted quickly and decisively in unseating him after receiving finds of a PwC report. BharatPe, which allows shop owners to make digital payments through QR codes, last week stripped Grover of all titles and positions over his alleged "misdeeds" and may take further legal actions, including clawing back of some of his shareholding. In a letter to employees, Nakrani said the Grover episode was an aberration and not the norm at BharatPe, and went on to defend the board who he said were celebrated names in the banking and financial services industry.
The Enforcement Directorate on Friday said it has issued a show cause notice to the country's largest cryptocurrency exchange for undertaking transactions worth over Rs 2,790 crore in alleged violation of the Foreign Exchange Management Act (FEMA). WazirX, registered under the company named Zanmai Labs Pvt Ltd, was incorporated in December, 2017 as a domestic cryptocurrency start-up and its directors Nischal Shetty and Hanuman Mhatre, along with the company, have been named in the notice issued by the central probe agency after completion of investigation. The agency issued a statement saying that it stumbled upon the transactions of the company during an ongoing money laundering probe into the "Chinese-owned" illegal online betting applications.
All-rounders in Indian cricket are a rare commodity and the newest entrant to the club, Venkatesh Iyer, knows only too well that he has to keep his focus on both aspects of the game in order to remain relevant.
According to an official statement, the Facebook official has been summoned based on 'scathing depositions of key witnesses as well as incriminating material' submitted by them on record.
Most listed corporate entities in the country are in a fix. With the sudden declaration in late March of a nationwide lockdown to tackle the Covid-19 pandemic, the final calculations of their financial results for the year 2019-20 (FY20) are hanging in limbo. Till April 19, only 41 of the 3,947 companies listed on the BSE have managed to finalise the dates for the declaration of their yearly financial results.
The RBI rejection is a second blow to BoB - the lead bank of both companies -- after a Delhi high court order on August 18 stayed a move by BoB and the entire consortium of lenders to classify these accounts as fraud, restraining them from taking any other coercive action till the next hearing.
Gowri Ramnarayan explores the world of Kalki Krishnamurthy whose magnificent novel Ponniyin Selvan has inspired Mani Ratnam's latest film PS I.
The FAA's International Aviation Safety Assessment team revisited India to confirm and validate the action taken on earlier concerns since an audit in March 2009.
Zostel could get upwards of $600 million if arbitration goes through.
If there were an Olympics for bank frauds in India, Rishi Agarwal, founder and former chairman of ABG Shipyard Ltd, a nephew of the Ruia brothers of the Essar group, would bag the gold, pushing Nirav Modi to his right, says Tamal Bandyopadhyay.
The new provision under the Income-Tax Act may enable the authorities to seize trustees' personal assets if there's a breach of objectives governing registered charitable trusts.
Former CAG Rajiv Mehrishi says Centre has held back a report he submitted to the President, to end what he called "a nightmare of accounts that militates against good governance".
TMC MP writes to Mark Zuckerberg, raises issue of Facebook's alleged bias towards the BJP.
'What a lovely person he is!'
Did we miss the DeepState's Brazil Model in action in India in 2004 and 2009, asks Rajeev Srinivasan.
A lump sum of Rs 100,000 has been offered under the VRS package.
As Centre cedes power to states in indirect tax, it wants to all ystaffers' worry of little work.
After a report mentioned that Facebook overlooked its hate speech policies in cases of BJP MLA T Raja Singh and 3 others, Shashi Tharoor, chairperson of Parliamentary Standing Committee on IT, said the committee 'would certainly wish to hear from Facebook'.
The Supreme Court on Thursday said the country needs to be prepared for the third wave of COVID-19 which experts say could be more harmful, especially for children, and emphasised upon the need to create buffer stock of oxygen.
Das faced allegations of opposing enforcement of hate-speech rules against Bharatiya Janata Party and other right-wing leaders. She was also accused of posting messages in support of the BJP for several years on a Facebook group of the company's employees.
Reforms do happen and one example is Odisha which has taken steps to create a dedicated municipal cadre.
Mumbai-based dancing troupe V Unbeatable received a standing ovation from the audience and judges at America's Got Talent, a leading talent reality show.
A lot of the factors towards which the government has pointed to justify its moves on Jammu and Kashmir are in fact valid. Only, most of them have little to do with Article 370, says David Devadas.
Corporate affairs ministry sending notices seeking details of fund disbursal
Minister of State for Home Nityanand Rai said the legislation was not against any NGO and is an effort to maintain transparency. This amendment is in the interest of good NGOs which want to do good work in the country.
Four decades of federal evolution made India more secure, but coronavirus is reversing that. Modi's central government has tasted power again and is unlikely to give it up, notes Shekhar Gupta.
Having made your point and got bail, it might be useful to reflect and reinvent your brand of journalism that am sure would still be unique, advises Sanjeev Nayyar.
CAG may not be the cure-all for the ills that afflict PPP projects and is perhaps a sub-optimal solution to the problem.
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