A five-judge constitution bench of Justices SK Kaul, Sanjiv Khanna, A S Oka, Vikram Nath and J K Maheshwari had reserved its judgement on September 29, 2022.
ITC's move to demerge the hotel business into a new entity, ITC Hotels Ltd, is a step in the right direction and will allay investor's concerns on the company's capital allocation strategy in the medium-to-long term, said analysts at Morgan Stanley in a note. According to the company, the board of directors has approved in principle the demerger of the hotels business, wherein ITC will hold a 40 per cent stake in the new entity, and the remaining 60 per cent will be held directly by shareholders. The scheme of arrangement shall be placed for approval of the Board at its next meeting to be convened on 14th August 2023.
Only if the announcements made are implemented effectively.
'Markets could face uncertainty in the short to medium term.' 'It would be prudent to invest in alternative asset classes, especially debt, for about a year.' 'Bank fixed deposits are offering rates as high as 9 per cent per annum and these can be used as a great hedging tool until equity markets stabilise.'
Akshay Kumar looks cool in that trippy get-up and adds his charisma to the film that is otherwise a lot of verbiage, observes Deepa Gahlot.
The single bench of Justice G Narender said the police can examine Maheshwari through virtual mode.
Jeeva (48) was shot dead on the premises of a Lucknow court on Wednesday, police said. A policeman and a two-year-old girl were injured in the incident.
The AAP has launched a nationwide poster campaign with slogans like "Modi Hatao, Desh Bachao" in 22 states, said AAP's state convener Gopal Rai on Thursday.
The Uttar Pradesh government on Wednesday sought urgent listing of its plea against the Karnataka high court's decision to quash a notice issued to the then Twitter India Managing Director Manish Maheshwari seeking his personal appearance as part of the probe into a communally sensitive video uploaded by a user on the microblogging site.
'Hybrid learning is the future, and test prep is a big segment within the entire education space in India.'
Netflix hosted a get-together for all its stars in Mumbai, and they turned up looking fashionable and gorgeous.
Gangster-politician Mukhtar Ansari's alleged aide Sanjeev Maheshwari Jeeva was shot dead on Lucknow court premises on Wednesday, the police said.
These funds can fetch double-digit returns over the long term which debt tax-saving products can't.
After a sharp outperformance in the mid-and small-cap segments in the first half of calendar year 2023 (H1-CY23), analysts are now turning cautious on these two market segments and suggest investors stay selective and look for valuation comfort and earnings visibility before investing. The S&P BSE Midcap index has surged 13.7 per cent in H1-CY23, and the S&P BSE Small-cap index gained 12.7 per cent during this period, data shows. The S&P BSE Sensex, in comparison, has moved up 6.4 per cent.
To further tighten its control of practising accountants, the Centre has brought within the ambit of the Prevention of Money Laundering Act (PMLA) their "financial transactions" such as operating and managing their client firms and trusts, and buying and selling business entities. The Union finance ministry issued a gazette notification on this on Wednesday. Under the new rule, chartered accountants, company secretaries, and cost and works accountants carrying out such transactions (on behalf of their clients) will now be required to go through the Know Your Company (KYC) process before commencing work.
Chief Justice of India Justice Chandrachud administered the oath of office to the new judges in a swearing-in ceremony at the apex court's auditorium.
The Supreme Court on Wednesday had granted eight-week interim bail to him in the 2021 Lakhimpur Kheri violence which claimed eight lives.
Businesses of various scales can improve productivity and affordability of their products and services by building tech intensity, Microsoft CEO Satya Nadella has said. Nadella noted that organisations globally are undergoing digital transformation amid the COVID pandemic, and that trends like hybrid work, hyperconnected business and multi-cloud environments require "a boundaryless digital ecosystem where trust between different parties needs to be established in real-time". "Digital technology is a powerful deflationary force in an inflationary economy. Businesses - small and large - can improve their productivity as well as the affordability of their products and services by building tech intensity," he said.
The Supreme Court on Friday granted interim bail till July 11 to former Delhi minister Satyendar Jain on medical grounds in a money laundering case being probed by the Enforcement Directorate.
A plea seeking the arrest of suspended Bharatiya Janata Party leader Nupur Sharma for her controversial comments on Prophet Mohammed in a TV debate was mentioned before the Supreme Court on Wednesday for an urgent hearing.
Looking for an adventure escape or a soulful vacay? Here's our guide for your next solo travel jaunt.
There's a whole bunch of films and Web series coming up for release in April.
A five-judge Constitution bench headed by Justice Sanjay Kishan Kaul, in a unanimous verdict, ruled that its 2014 verdict, which had struck down a provision of the Delhi Special Police Establishment (DSPE) Act, 1946 providing immunity to such officers in graft cases, will have retrospective effect.
The Supreme Court on Wednesday directed the Animal Welfare Board of India (AWBI) to submit data on dog bites in the last seven years across the country and the steps taken to check such incidents.
Track all the action that took place on the GQ red carpet.
The appointments were announced by new Law Minister Arjun Ram Meghwal on Twitter.
'Small cap funds do have their own merits and they make sense when the investor has a longer investment horizon.'
Tech giant Microsoft on Wednesday launched a new programme Microsoft AI Innovate for nurturing and scaling start-ups that are leveraging Artificial Intelligence (AI). The 10-week initiative will support start-ups in India leveraging AI technologies, helping them scale operations, drive innovation, and build industry expertise. Both B2B and B2C start-ups from various industries, including financial services, healthcare, education, agriculture, space, manufacturing and logistics, retail, and e-commerce can participate in the quarterly cohorts of this programme.
The IIFA weekend saw a bevy of Bollywood stars, with green carpet arrivals, performances and awards.
'Touch wood, I'm blessed that I am getting this chance to do the things I love.' 'I know a lot of people would love to be in my place.'
The Supreme Court has agreed to hear on Friday the bail plea of AltNews co-founder Mohammed Zubair in connection with a case registered against him in Uttar Pradesh for allegedly outraging religious feelings.
The Supreme Court is scheduled to pronounce on Wednesday its order on the bail plea of Union Minister Ajay Kumar Mishra's son Ashish Mishra, an accused in the 2021 Lakhimpur Kheri violence case.
The Supreme Court observed on Tuesday it is more concerned about the risk factors than anything else when it comes to the conditional approval granted by the Centre for environmental release of genetically modified (GM) mustard. On October 25 last year, the Genetic Engineering Appraisal Committee (GEAC) under the Union environment ministry had approved the environmental release of transgenic mustard hybrid DMH-11 and the parental lines containing barnase, barstar and bar genes so they can be used for developing new hybrids. The apex court is hearing separate pleas by activist Aruna Rodrigues and NGO 'Gene Campaign' seeking a moratorium on the release of any genetically modified organisms (GMOs) into the environment pending a comprehensive, transparent and rigorous bio-safety protocol in the public domain conducted by agencies of independent expert bodies the results of which are made public.
The project was announced in September 2019 and Prime Minister Narendra Modi laid the foundation stone of the new Parliament building on December 10, 2020.
The top court, however, did not stay at this stage the part of the high court order which had said that central probe agencies could quiz the Trinamool Congress general secretary in connection with these cases and fixed his plea for hearing in July.
10 CoBRA units with over 12,000 personnel were raised under the CRPF in 2009 for undertaking intelligence-based jungle warfare operations.
From rescuing tiger cubs to rescuing a crocodile to admiring spring in Kashmir, here are some interesting videos for your viewing pleasure.
Tamil Nadu's ruling Dravida Munnetra Kazhagam on Monday sought a review of the November 7 verdict of the Supreme Court which upheld 10 per cent reservation for the economically weaker sections (EWS) in educational institutions and government jobs that excluded the poor among the SC/ST/OBC categories, contending that it "legitimises discrimination".
A week after temporarily suspending his account, Twitter restored Congress leader Rahul Gandhi's handle Saturday, but not before the principal opposition party accused it of bias.
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