Exodus of top managers an unintended side effect of roaring MF industry
The Supreme Court on Friday stayed criminal proceedings against former chairman of Wipro, Azim Premji, and his wife on their plea seeking quashing of the summons issued by a Bengaluru trial court on a "frivolous"and "mischievous" complaint filed by an NGO alleging breach of trust and corruption in merger of three firms with a Premji group firm. A bench of Justices Sanjya Kishan Kaul, Dinesh Maheshwari and Hrishikesh Roy also issued notice to an NGO, Indian Awake for Transparency and others and sought their response. Senior advocates Mukul Rohatgi, A M Singhvi appearing for Premji and others said that the complaint was "mischievous" in nature.
A bench of justices S K Kaul, Dinesh Maheshwari and Hrishikesh Roy reserved its verdict after lawyers representing Facebook official, Delhi assembly and the Centre wrapped up submissions on the plea of Mohan challenging summons issued by the Peace and Harmony committee for failing to appear before it as witness in connection with the north-east Delhi riots matter.
Renjith Maheshwary crashed out of the men's triple jump competition at the London Olympics after fouling all three attempts in the qualification round on Tuesday.
The catch is the need for a supportive framework in place that allows free and fair use of such technology.
Once the child is 90 days old, parents must add her to the family health floater cover, suggests Sanjay Kumar Singh.
The scheme offers waiver of interest, penalty, and prosecution for settling tax disputes.
The company has been a part of the start-up ecosystem in a big way from early stages right up to when the companies start achieving full scale.
'I wish I had a medal, but I hope everyone is still happy. Going into the round, I didn't think about it (people watching her on TV) too much.'
Priyanka Goswami's timing of 1:28:45 broke the national record by over a minute.
Retail investors may safely invest in shorter-duration funds, suggests Sanjay Kumar Singh.
The report, floated recently, comes a few days after the government cancelled the registration of Bengaluru-based NGO Infosys Foundation for alleged violation of norms in receiving foreign grants.
The Supreme Court on Friday refused to entertain a plea against deferment of hearing on a public interest litigation seeking direction to halt construction activity at the Central Vista Avenue Redevelopment Project during the prevailing COVID-19 pandemic but gave liberty to petitioners to approach the Delhi high court for urgent listing of the matter.
The Bharatiya Janata Party and Congress on Sunday were set to share the honours in the Lok Sabha and assembly bye-elections in 13 states.
As part of the three-year programme, Microsoft will support select institutions with infrastructure, curriculum and content, access to cloud and Artificial Intelligence (AI) services as well as developer support, the company said in a statement.
A bench of Justices Vineet Saran and Dinesh Maheshwari issued notice to the Centre, West Bengal and Election Commission of India on the plea, which also sought to central and state governments to award compensation to the victims and their family members after ascertaining the nature of loss sustained by them in post-poll violence in the state.
We pick some actresses who we think can replace Shilpa Shinde as Angoori Bhabhi. Vote for your favourite at the end, or simply send us your own picks in the message board below.
Global studios and indie content shops tap into the growing fan base for movie and TV characters in India, report Arundhuti Dasgupta & Urvi Malvania.
At present, Flipkart's total seller base is 60,000.
The apex court, while hearing a separate plea on the issue on June 7, had directed the state and the Faridabad municipal corporation to remove "all encroachments" in the Aravali forest area, saying "land grabbers cannot take refuge of rule of law" and talk of "fairness".
External Affairs Minister Sushma Swaraj has assured help to a Pakistani teenaged girl.
Millions of Indian households are setting up wireless networks not just for PCs, but for other WiFi enabled devices, too.
'Considering the fact that the Attorney General for India has already declined to grant his consent in the present matter for the reasons detailed in the said letter...the present request made to me is misconceived,' Mehta said in his letter addressed to lawyer Anuj Saxena.
The Budget proposed abolishing the under-performing, authority of advance ruling, to replace it with a two-member board of advance ruling.
The proposed move to withdraw the DDT would help encourage investments by addressing multiple taxation of income and bringing down the effective tax rate on companies, which is among the highest in the world.
A special bench of Justices A M Khanwilkar and Dinesh Maheshwari, which posed tough questions to the Andhra Pradesh government on its decision to hold Class 12 board examinations, asked the standing counsel for the state Mahfooz A Nazki to place before the court the "snapshot of the file" giving reasons to hold the test.
The quality of Indian tea had lately come under scrutiny in major export markets, due to the presence of pesticides and chemicals beyond permissible limits.
The move followed after certain startups complained about facing harassment and the taxman breathing down their neck on the angel tax issue.
The Central Vista revamp, announced in September, 2019 envisages a new triangular Parliament building, with seating capacity for 900 to 1,200 MPs, that is to be constructed by August, 2022 when the country will be celebrating its 75th Independence Day.
The central government's clarification on the 2 per cent equalisation levy on foreign digital operators in the Budget, which considerably expands the scope of the levy, might be challenged in court, with several companies contemplating filing a writ petition in the coming few weeks. The writs might be filed on the grounds of the levy's alleged extra-territorial overreach, as it aims to cover those entities that do not have a physical presence in India, going against international taxation rules.
'In the short term, we may see some disruptions due to Covid, but in the medium-to-long term, we should keep an eye on US inflation and 10-year bond yields.'
'Reliance on crude oil is still very high. Globally, natural gas is 25 per cent of the energy basket. In India, it has fallen to 6.5 per cent, from 11 per cent in 2014.'
Revenue foregone on account of corporation tax exemptions is estimated to grow by 16 per cent in 2018-19 (FY19) versus 8.7 per cent in the previous year and 12 per cent in 2016-17, show the Budget documents.
A bench headed by Justice A M Khanwilkar asked the Election Commission of India to take an appropriate decision with regard to political rallies as per law and keeping in mind COVID-19 guidelines.
Among those inducted in the GMB, include Sudhir Maheshwari, currently executive vice-president finance and mergers and acquisitions, Davinder Chugh, senior executive vice president Shared Services and Christophe Cornier, executive VP Flat Products Western Europe, a company release said. These appointments were necessitated following retirement of ArcelorMittal Chief Operating Officer Malay Mukherjee from the board.
There is no question of reversing earlier decision to cancel class 12 board exams, the Supreme Court said on Thursday and approved the assessment schemes of the Council for the Indian School Certificate Examinations (CISCE) and the Central Board of Secondary Education (CBSE), which has adopted 30:30:40 formula for evaluation of marks for students based on results of class 10, 11 and 12 respectively.
The apex court made it clear that the fate of the project, which includes several new government buildings and a new Parliament House, will depend on its decision.
The Supreme Court Thursday ordered that the report of a high-level committee on the role of erring police officials in the 1994 espionage case relating to Indian Space Research Organisation scientist Nambi Narayanan be given to the Central Bureau of Investigation and directed the agency to conduct further investigation on the issue.
India's schedule on Day 10 of the 2016 Olympic Games in Rio de Janeiro, on Monday.
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