Infosys on Friday said a class action lawsuit filed against the company and some of its employees in the US district court has been dismissed. The move comes after whistleblower complaints alleging certain unethical practices by the top management emerged in October last year.
The court asked the SEC to issue a fresh notification extending the date for filing nominations.
Mamata Banerjee thanked people for casting their votes in favour of the TMC.
Covaxin has been indigenously developed by Bharat Biotech in collaboration with the Indian Council of Medical Research.
The Reserve Bank of India (RBI) will stay away from changing key rates - including the reverse repo rate - this fiscal in the backdrop of Omicron. However, it will continue to shape the rate movements through liquidity market operations. Soumya Kanti Ghosh, group chief economic advisor, State Bank of India, said whether Omicron surge or not, there is not going to be any hike this year. However, the central bank may continue to shape rates through market operations.
An expert panel of India's Central Drug Authority on Tuesday recommended granting permission to Serum Institute of India (SII) for conducting phase 2/3 trials of Covid vaccine Covovax on children aged 2 to 17 years with certain conditions, official sources said.
Adversarial Harmful Networks -- India Case Study, cited in Facebook whistleblower Frances Haugen's SEC complaints, revealed, among other things, that Facebook was a preferred platform for 'fear-mongering anti-Muslim narratives' in India, observes Devangshu Datta.
Amit Gupta, MD, Sag Infotech, answers your personal income tax queries.
The Pune-based firm had submitted interim safety and immunogenicity data of phase 2/3 bridging clinical trial conducted in the country as well as interim clinical trial data of safety and efficacy from phase3 clinical trials conducted in the UK and the US along with its application.
The agency recorded his statement under criminal sections of the Prevention of Money Laundering Act (PMLA), officials said.
An average 46.1 per cent voter turnout has been recorded in the elections to six municipal corporations in Gujarat, officials said on Monday.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your income tax queries.
The vaccine candidate -- 'Covaxin' -- is being indigenously developed by the Bharat Biotech in collaboration with the Indian Council of Medical Research (ICMR).
The government said it had received many representations seeking extension of time citing many difficulties due to the second wave of Covid-19 and the subsequent lockdowns. MCA has asked the registrar of companies to approve the extension of the time limit to hold the AGM.
The trial will take place in 525 subjects at various sites, including AIIMS, Delhi, AIIMS, Patna and Meditrina Institute of Medical Sciences, Nagpur.
India has been in touch with all parties concerned as part of overall global efforts to bring down the tensions.
Dutee rued missing the World Relay Championships in Poland in May and two competitions in Kyrgyzstan and Kazakhstan this month due to travel restrictions
Surprisingly easy and totally delicious, this mango kulfi is perfect for a hot summer's day.
Imam in his fresh bail plea stated that since the apex court has put sedition (Sec 124-A) in abeyance, his case has improved for grant of bail.
The Serum Institute of India (SII) had put in an application to the Drugs Controller General of India (DCGI) in October for grant of market authorisation of Covovax for restricted use in emergency situations.
"In democracy, a political party cannot be stopped from functioning by sealing its office", observed the Supreme Court Monday as it dismissed the plea of ousted All India Anna Dravida Munnetra Kazhagam leader O Panneerselvam (OPS) against the Madras high court order directing him to hand over the keys of party headquarter to party chief K Palaniswami.
Cuban faces insider trading charges for avoiding a $750,000 loss on an investment in an Internet search company.
The Subject Expert Committee on COVID-19 examined the data and deliberated on the EUA application on Monday.
The polls were slated to be held in October last year but cancelled by Justice N Kirubakaran on a petition by the Dravida Munnetra Kazagham seeking among others appropriate reservation as per latest census and rotation of seats according to the norms.
Between December 2013 and August 2016, Gannamaneni abused his position as a senior software consultant at the investment bank and accessed sensitive, highly-confidential information concerning at least 40 mergers, acquisitions, tender offers
A total of 74,44,260 voters will exercise their franchise using ballot papers to elect their representatives.
Gilt funds make sense only if you want to take a tactical view on interest rates and are looking for a short-term duration.
The latest trend issued by the State Election Commission showed the BJD had already won or was leading in 762 Zilla Parishad seats, as compared to BJP's 46 and Congress's 36 seats.
Two incidents of hurling of crude bombs were reported in Sealdah and Khanna areas of Kolkata, and police contingents were rushed to the spot to bring the situation under control, a State Election Commission official said.
The reason for the stickiness in bond yields can be many, but the most responsible is the liquidity deficit stance taken by RBI, says Anup Roy.
The court ordered all parties to avoid taking any unconstitutional measures and adjourned the hearing until Monday.
Equities went into a tailspin on Wednesday after the Reserve Bank surprised the market with a mid-cycle rate hike in a bid to tame soaring inflation.
The country's gross domestic product (GDP) is likely to grow at 5.8 per cent in the third quarter of fiscal 2022, according to an SBI's research report- Ecowrap. The country's economy expanded by 8.4 per cent in the second quarter of 2021-22, to cross pre-pandemic levels. However, the GDP growth in July-September period was slower than the 20.1 per cent expansion in the previous quarter.
Hours after police evacuated demonstrators from Raisina Hill and Sonia Gandhi's 10 Janpath residence, high drama was witnessed at India Gate on Sunday when agitators resisted police attempts to detain them for defying prohibitory orders to protest against the gang-rape of a young girl.
Concerned over spurt in Naxal violence, Union Home Secretary Gopal K Pillai will arrive in Raipur on Monday on a two-day visit to Chhattisgarh during which he will take stock of the security situation, redeployment of paramilitary forces and visit some worst Maoist-hit areas.
The SFJ pushed for Sikh Referendum 2020 as part of its separatist agenda. It openly espouses the cause of Khalistan and in that process challenges the sovereignty and territorial integrity of India, another official said.
The forthcoming budget needs to delay fiscal consolidation, instead should focus more on supporting the pandemic battered-economy and boost consumption demand by offering income tax soaps and cutting fuel taxes, says a report. In a pre-budget report, India Ratings said it expects the new budget to consolidate and strengthen the plan set out in the last budget, rather than trying out new things by continue with the revenue and capital expenditure pattern of FY'22 to provide stability and consolidation to the past/ongoing efforts, and to focus on boosting demand by generating employment opportunities in areas/sectors that have been impacted more by the pandemic. The report therefore expects the finance minister to delay fiscal consolidation and make it to be a gradual and calibrated process, thus ensuring the necessary fiscal support that the economy needs is available till the recovery acquires its own momentum.
Earlier in the morning, race walkers Khushbir Kaur and Manish Singh finished creditable fourth and sixth respectively in the 20km race.
The unexpected interest rate hike by the RBI on Wednesday will have the banking system on average making a 10-15 bps gains on the yields, with private banks making larger gains as 57 per cent of their loans are linked to external benchmark rate and 40 per cent to the marginal cost of lending rates, as per a report. Stating that lenders and borrowers will face volatile times with the Reserve Bank raising the repo rate by 40 bps to 4.40 per cent and the cash reserve ratio (CRR) by 50 bps on May 4 in an off-cycle policy move, India Ratings said the market rates had already been moving higher before the move. The 364-day T-bills have moved up 120 bps and 10-year G-sec by 140 bps since May 2020, when the repo rate was cut to a record 4 per cent, which led to an expectation of a faster and sharper rise in interest rates in the system but the central bank stayed the course to support the fragile economy battered by the pandemic.
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