'India missed the software products revolution (and now is in danger of missing the platform revolution), complacent that we are the software experts of the world based on IT services prowess,' points out Rajeev Srinivasan.
The company has also issued a ban on all non-essential domestic and international business travel, and is encouraging employees who may have returned from international travel to work from home for 14 days.
It is learnt that Test team vice-captain Ajinkya Rahane has been kept on standby for the limited overs series against England in case Rohit Sharma fails to clear the 16.1 qualifying mark.
In a first, the Comptroller and Auditor General's (CAG) officers reached out to several ministries in the last week of April as part of a confidence-boosting measure. The meeting brought the CAG officials and those from the ministries across the table to discuss the pain points in their relations. CAG of India Girish Chandra Murmu took this novel step because of growing tensions between those audited and the auditor.
'By not only decriminalising routine business failures, but by ensuring that institutional lending and corporate rescue frameworks are strengthened via the IBC, the prime minister has ensured there is no room anymore for the proverbial 'reckless, prodigal debtor',' notes Sanju Verma.
The Centre on Tuesday said it will not seek disclosure of flash sales from e-commerce players to regulate the fraudulent sale of goods and services but will take appropriate action as per the law on consumer complaints. Discount sales that benefit maximum to consumers will continue, but not fraudulent flash sales on the e-commerce platforms, the government said, adding that the e-tailers need not be "anxious" about the draft rules. Ban on fraudulent flash sales, mis-selling and appointment of chief compliance officer/grievance redressal officer -- are among key amendments proposed to the Consumer Protection (e-commerce) Rules, 2020, on which the government has sought public comments by July 6.
The challenges before the coming Budget are more daunting than those in 2021, reveals A K Bhattacharya.
Totally 13 global brands were surveyed by NGO on whether they ensured human right protection while sourcing when gold and diamonds
Jet is facing insolvency proceedings in the Netherlands as well where it was declared bankrupt after it failed to pay two European creditors.
'If these new farm laws are allowed to be implemented, there are very high chances of big increase in income of the farmers and in many states, it may even double'
ILO acts upon a plea by 10 central trade unions objecting to the ordinances proposed to temporarily scrap labour laws in Uttar Pradesh and Gujarat, along with executive orders issued by at least 10 states to increase the daily working limit to 12 hours from eight hours, along with other labour law changes.
Huawei willing to place its software code with government.
You need, first of all, to figure out how we messed it all up so badly. You need to fix accountability. None of that is happening, says Vir Sanghvi.
A candidate with good communication skills, critical thinking and problem solving abilities will have a higher chance of being hired.
'Legalised election betting would drive black money and satta operators out of business while creating a more level and transparent playing field for politics,' argues Devangshu Datta.
Though no peripheral burning is taking place at the moment at the well's site at Baghjan, the company has declared an area up to 1.5 km radius as "red zone" to avoid any untoward incident and harm to the general public.
India's indigenous basic trainer aircraft, Hindustan Turbo Trainer-40 (HTT-40), undertook its inaugural flight at the at the Hindustan Aeronautics Limited Airport in Bengaluru on Friday.
Reviving stranded gas-based power plants and substituting diesel usage is a clear near-term opportunity.
Industry body Association of Mutual Funds in India on Friday assured investors that a majority of fixed income mutual funds assets are invested in superior credit quality securities and such schemes have appropriate liquidity to ensure normal operations. The statement by the industry body came after Franklin Templeton Mutual Fund voluntarily decided to wind up its six debt schemes citing redemption pressure and lack of liquidity in bond markets due to the coronavirus pandemic.
Among the options being weighed are discounts on existing rentals, short-term deferrals, and 50 per cent waivers.
'This is a historic juncture when the US is in great need of an alliance with India to strengthen its hands in the fierce struggle with China in the Asian theatre,' points out Ambassador M K Bhadrakumar.
Out-of-favour India opener K L Rahul was back amongst the runs, hitting an unbeaten half-century to steer India 'A' to 219 for one on day two of the first unofficial Test against England Lions.
The National Company Law Tribunal on Tuesday approved the Jalan-Kalrock Consortium's resolution plan for the bankrupt Jet Airways.
A recent survey done by indianboards.com suggests that around 283 directors will retire by October this year.
Sebi to consider changes in start-up listing norms
'Why did government not include a provision in the bills which categorically stated that no crop will be sold below the MSP in the open market?'
The mobile phone manufacturers are planning to plead with the government that the new rules suggested by the DoT could leave them with no option but to stop introducing new phone models in the country if the stringent rules are eventually approved.
The Code on Social Security, 2020 gives a lot of comfort to gig firms which recognise cab drivers or food delivery executives as 'independent contractors' who directly do business with customers with the help of their digitised platforms.
Swaraj expressed satisfaction over the agenda of the inaugural dialogue while giving the details of the deliberations.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Do not trust any incoming phone calls or mails that ask you to install any file or programme, warns Niranjan Upadhye, general manager-fraud risk management, Worldline India.
With the farmers' protest against the three new laws and in support of legalising the minimum support price (MSP) going strong, state governments have announced a slew of measures in their annual Budgets to placate farmers. The Centre kicked things off in the Union Budget by assuring farmers that the MSP would continue and coming out with a report card to demonstrate its commitment. However, these efforts don't seem to have yielded tangible results. In their respective Budgets, states chose to go a step further by announcing a variety of measures.
India has achieved 100 per cent electrical connectivity, but 100 per cent electrification remains a long-drawn task, says Shreya Jai.
The United Kingdom's home department has cleared the extradition of fugitive diamantaire Nirav Modi, who is wanted in an over Rs 13,000-crore bank fraud case, officials said on Friday.
Branch networks will give preference to pensioners and labourers for withdrawing money.
The government has the upper hand in the ongoing negotiations, and it is unclear if a real debate will happen, observes Tulika Narayan.
Users well-versed in privacy laws or those concerned with their data would be worried; it could well be that many of us have already accepted the end user agreement without ado, points out Ashish Narsale.
ITC has provided retailers with leaflets to assure customers of Yippee noodle's quality and safety standards
Health insurance expert Anil Rego in an online chat with readers answers health insurance queries.
Unless public health is prioritised over swift re-opening, the chances are that a third wave will hit India sooner than we would like.