The ED has attached properties worth Rs 4,109 crore spread across various states in a money-laundering case linked to an alleged ponzi scheme, the agency said on Thursday. The case pertains to the Agri Gold Group of Companies. Three promoters of the group were arrested by the central agency on Tuesday.
Among the other names tipped to make it to the Cabinet are Jyotiraditya Scindia, Sarbananda Sonowal, Baijayant Panda.
Kerala CM wrote to EAM S Jaishankar, seeking his intervention in the matter.
After Chanda and Deepak Kochchar, the Kudvas are the second power couple in the financial world to come under the regulatory glare.
The court said the theory was based on the hypothesis that the Noida Police would not be able to find the body on the terrace on May 16, 2008 when Aarushi was found dead in her room.
He was accompanied by his daughter Isha and son Anant
S D Shibulal, former chief executive and managing director of Infosys, has joined the ranks of the company's other founders in nurturing start-ups.
'The move is a succession plan where Sikka comes on the board as vice chairman.'
Kriti Mehra (ISB Class of 2010) shares her experience of meeting Kiran Mazumdar Shaw, CEO of Biocon.
Ajay Lakhotia, an ISB student, shares his experience of spending the day with former managing director and CEO of ICICI Bank KV Kamath and the management lessons that this young MBA grad has learnt from the banking veteran.
The apex court had on July 12 restrained Karnataka Speaker K R Ramesh Kumar from taking any decision till July 16 on the resignation and disqualification of 10 rebel MLAs of the ruling Congress-Janata Dal-Secular coalition.
These MLAs are Anand Singh, K Sudhakar, N Nagaraj, Munirathna and Roshan Baig.
Last year in January at Amazon's flagship event Smbhav, Infosys Co-founder N R Narayana Murthy had to shorten his keynote speech from 20 minutes to about five because the event was delayed by 1.5 hours. "I will try to finish it in five minutes, because I am not used to delays," said Murthy, while addressing hundreds of micro, small and medium enterprises (MSMEs) about building businesses that last. In the audience was Amazon founder Jeff Bezos. Murthy referred to Bezos' prediction that the 21st century will be the Indian century. "That confidence enhances our enthusiasm," said Murthy. The relationship between Murthy and Bezos dates to 2014, when Prione, a 49:51 joint venture (JV) between Amazon and Murthy's venture capital company Catamaran, was formed.
He is followed by Nandan Nilekani and Narayan Murthy in Hurun India Philanthropy List
Most high-profile exit since co-founder Narayana Murthy returned to the helm.
Infosys was set up in 1981 by N.R. Narayana Murthy and six other engineers in Pune with initial capital of $250 mostly borrowed from their spouses.
Rediff readers share interesting photographs of India from their travels.
In a counter offensive after 13 MLAs resigned on Saturday dealing a blow to the 13-month-old government, a delegation of Congress leaders met Speaker K R Ramesh Kumar and submitted the petition seeking, under the anti-defection law, disqualification of the rebel legislators in line with the decision taken at a meeting of the Congress Legislature Party on Tuesday.
Of the, four are co-founders of Infosys.
When Biocon chairperson Kiran Majumdar-Shaw - well known for raising issues ranging from lack of civic services in Bengaluru to climate change - decided to take on the Indian stock market regulator, the Securities and Exchange Board of India (Sebi), she forced the Indian corporate world and legal community to take notice. In an interview to Business Standard, Majumdar-Shaw called a Sebi order to impose a fine on insider trading charges against a Biocon employee and an external consultant an "Agatha Christie" fiction, which destroyed the reputation of "innocent people". "The order is pure harassment and has caused huge reputational damage to us and goes against the principles of good governance promised by this government," Mazumdar-Shaw said. "We will certainly appeal this," she added.
In a Twitter post last Friday, the 39-year-old son-in-law of Infosys co-founder Narayana Murthy is seen holding a bag of Yorkshire Tea along with the message: 'Quick Budget prep break making tea for the team. Nothing like a good Yorkshire brew.' It attracted a host of trolls and negative reactions, largely directed against the ruling Conservative Party but also targeted at Yorkshire Tea -- one of the UK's oldest tea brands.
A Nedumudi Venu character was happiest when moving his head to a piece of music with his eyes closed; or, when inventing off of a note that a co-actor had left unfinished; or, when reciting a poem by Kavalam Narayana Panicker where a hymn about nature descends into a musing about cheating, depression and death, feels Sreehari Nair.
The bench said the Union Cabinet Secretary will be the convenor of the task force and may nominate an officer not below the rank of Additional Secretary to depute for him, when necessary.
His celebratory gesture on Thursday night marks a first for Downing Street, which annually sees the UK prime minister host a Diwali gathering and an Annakut, or spread of festive food, from London's Swaminarayan Mandir next door at No 10.
Officials said Under the SBI Hrudaya Suraksha Scheme, carrying an interest rate of 8.5 per cent, the patient would get as a loan 80 per cent of the total medical expenditure or Rs 50,000 whichever is lower. The borrower would have to repay the full amount with interest within a maximum period of six months. Narayana Hrudayala's Chief Dr Devi Shetty said the interest component in the first three months of the repayment period would be borne by his hospital.
Readers share their interesting summer-themed photographs.
What is perhaps most fascinating is that Infosys was not the first large Indian IT company to raise its head, nor has it been the largest; but it has often shown a remarkable ability to market itself so that it has punched above its weight.
The protesters poured into the city from different parts of the state, particularly the Vokkaliga stronghold of Old Mysuru region, in response to "Raj Bhavan Chalo" call given by various outfits of the community.
As four founder families sold part of their Infosys holdings on Monday, CEO Vishal Sikka said monetisation of shares for philanthropic and entrepreneurship purposes was in line with the company's values.
Readers tell us how they are beating the heat.
His detractors now say they're believers again, after Murthy stepped down to allow Sikka to chart his own course.
Grandchildren and books will take up most of NR Narayana Murthy's time after he retires for the second time from the company he co-founded with six friends over three decades ago.
Jogi, 74, had been battling for life at the private hospital for the last 20 days and suffered a cardiac arrest in the afternoon, they said. He is survived by his wife Renu Jogi, the MLA from Kota constituency, and son Amit Jogi, a former MLA.
Global banking giant HSBC on Monday said Infosys chief mentor N R Narayana Murthy will join its board in May with an annual renumeration of 65,000 pounds (about Rs 52 lakh).
Their investments in start-ups exceed Rs 1,000 crore at present.
Rediff readers share photographs from their travels to the desert state.
In a potential political setback for Sri Narayana Dharma Paripalana Yogam chief Vellapally Natesan, the Kerala government on Saturday announced further investigation into the death of Swami Saswathikananda of Sivagiri Mutt, following a Crime Branch report citing new revelations in the case.
