There is no duplication in simultaneous investigations being done by CBI and Enforcement Directorate into the multi-crore Satyam Computer scam, Corporate Affairs Minister Salman Khurshid said on Thursday.
The reshuffle in the Union Cabinet, carried out on Wednesday, appears to have some focus on assembly election-bound states like Kerala and Uttar Pradesh.
On the eve of the maiden meeting of the 10-member joint committee on Saturday to draft the Lokpal bill, government on Friday said it has an open mind on the issue.
'Swach', the low-cost water purifier from Tatas has received the New Product Innovation award and Tata Steel has won the award for the game Tata Steel-Corus from LeapVault.
The second list has named 16 candidates from Uttar Pradesh and five from Maharashtra.
All the four accused persons, identified as Ajay, Gautam, Sumit and Jitu, have been arrested by the police, the spokesperson said.
The Government has found company law violations by all 10 franchisees of the Indian Premier League and has asked the Registrar of Companies to take penal action wherever necessary, the Rajya Sabha was informed on Thursday.
Take a look at the pictures of Barack Obama's visit to India. You can see Foreign Secretary Nirupama Rao, Indian Ambassador to the US Meera Shankar and National Security Advisor Shiv Shankar Menon. Can you spot Foreign Minister S M Krishna anywhere?
Secretary of State John Kerry plans to call his Indian counterpart Salman Khurshid soon as the ties between two sides are too important to be derailed by an "isolated incident" of the arrest of a diplomat, the US State Department has said.
The meeting, held on the sidelines of the SAARC Foreign Ministers' conference, lasted for about half-an-hour.
The Company Law Board (CLB) on Thursday allowed infrastructure finance company IL&FS to take over Maytas Properties, a company promoted by the family members of disgraced Satyam founder Ramalinga Raju.
The government is awaiting reports from the ED and the US agency before deciding whether or not accounts of the Ramalinga Raju family-promoted Maytas firms need restating.
With the Afghanistan government in Kabul approaching Islamabad for help in opening "reconciliation" talks with the Taliban, a Pakistani role in shaping the political landscape in Afghanistan is now an uncomfortable likelihood for New Delhi.
The government on Wednesday said that the Securities and Exchange Board of India (Sebi) guidelines which require listed companies to meet corporate governance norms for best practices in management may now be extended to unlisted companies as well.
The Serious Fraud Investigation Office (SFIO), the investigation arm of the Union corporate affairs ministry, has begun prosecution proceedings against the alleged perpetrators of the country's largest accounting fraud that took place in Satyam Computers last year.
"There have been regular complaints of illegal encroachment and sale of Wakf properties the country wide. Hence, we tried to amend some provisions of the existing Wakf Act 1995. Now questions are being raised as why Wakf properties is being registered. This is an age in which even births and deaths are being registered. I fail to understand why should there be any objection to registration of Wakf properties," Khurshid said in New Delhi.
The role of independent directors on the board of Indian companies will be clarified in the new Companies Bill and their responsibilities will be made finite in terms of what they are answerable for, said Union Corporate Affairs Minister Salman Khurshid.
Mechanical failure in a chemical reactor at the company's TDI plant caused leakage of poisonous phosgene gas.
Amid strong public reaction to the judgement in the Union Carbide case, the government is understood to be looking at legal position to check if Carbide India's non executive Chairman Keshub Mahindra could be barred from taking directorship in any company.
Congress sources also said speculation that Motilal Vora would be appointed as interim party president are incorrect.
Muslims' enrolment at secondary level of education is less than that of the scheduled castes, a government survey has indicated.
"The government has taken several steps to protect interests of investors. The Companies Bill, 2009, which is before the Parliamentary Standing Committee, has allowed Class Action Suit for the first time in the country," corporate affairs minister Salman Khurshid said in the Lok Sabha.
Commenting on the deal, revenue secretary Sunil Mitra said, "I am proud India is going out and doing great things in the world sphere. I am proud as an Indian."
Prime Minister Manmohan Singh on Friday held talks with US President Barack Obama, the first bilateral summit meeting after nearly three years.
Scindia also said that as far as talks for alliances are concerned, "like-minded parties should also think in a like-minded way".
The government on Thursday said it has prosecuted over 13,000 companies during the three years ending 2008-09 for not following the provisions of the Companies Act.
Most IT companies today have multiple delivery centres, physically verifying documents is arduous and difficult to determine where the actual billing is done
Affluent politicians in India are obviously upset with what the affluent corporate Indian is permitted to legitimately take home as a pay package.
'Mamata wanted the Congress in alliance with the BJP in Bengal against the Left Front government.' 'Pranab Mukherjee opposed it, stating it would amount to compromising on secularism.' 'In 2021, Mamata defeats the BJP and becomes a champion of secularism.'
Yoginder Sikand reviews Salman Khurshid's Sons of Babur -- A play in search of India.
India on Friday spoke in conciliatory language on the issue of its senior diplomat Devyani Khobragade case, saying that it was important to "preserve" the "valuable" bilateral relationship even as the United States ruled out the demand for dropping of the charges against her.
The Company Law Board earlier this year, extended the deadline for filing of restated accounts from December 2009 to June 30, 2010.
Corporate India on Monday warned the government that any regulation of CEOs' pay may lead to flight of talent and capital from the country and said salaries are best decided by the industry.
Seeking to assuage the feelings of the people of Tamil Nadu opposed to India's participation in the Commonwealth Heads of Government Meeting meet in Sri Lanka, Centre on Tuesday detailed its relief and rehabilitation efforts for minority Tamils in the war-torn island nation.
Foreign policy experts in New Delhi do not expect any major policy shift towards India under Donald Trump with a few feeling New Delhi could hope to derive "some benefit" from his stand on radical Islam.
The G-20 meeting of finance ministers and central bank governors at London recently discussed the issue of high salary and bonuses.
Does not want Satyam shareholders to be punished twice.
Over 3.7 lakh companies have not filed annual returns and balance sheets, which is mandatory under the Companies Act, for the fiscal year 2008-09, Parliament was informed on Thursday.
The high-voltage battle between the Ambani siblings -- Mukesh and Anil -- has put under stress the legacy of their father Dhirubhai Ambani, Corporate Affairs Minister Salman Khurshid said on Tuesday.
The government decided to withdraw its two nominees from the Maytas Infra board following the Company Law Board order handing over the reins of Maytas Infra, promoted by kins of disgraced founder of Saytam, R Ramalinga Raju, to IL&FS.
