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
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.
India has been in touch with all parties concerned as part of overall global efforts to bring down the tensions.
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 Subject Expert Committee on COVID-19 examined the data and deliberated on the EUA application on Monday.
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 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.
A total of 74,44,260 voters will exercise their franchise using ballot papers to elect their representatives.
"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.
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.
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 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.
The latest in this class is the complaint of insider trading filed by the United States Securities Exchange Commission against many individuals in a Manhattan court. The list of individuals includes Anil Kumar, a member of the much-feted Indian School of Business and reputed hedge fund manager Raj Rajaratnam.
Earlier in the morning, race walkers Khushbir Kaur and Manish Singh finished creditable fourth and sixth respectively in the 20km race.
The national scheduled castes panel on Tuesday issued notices to Union human resource development secretary and IIT-Madras Director asking them to appear before it on June 8 amid a political row over de-recognition of a students' body comprising mostly dalits.
The court ordered all parties to avoid taking any unconstitutional measures and adjourned the hearing until Monday.
Leading brewer Anheuser-Busch InBev will pay USD 6 million (Rs 40.2 crores) to the American authorities for settling charges of making "improper payments" to government officials in India to push sales and production.
The US regulators on Wednesday fined Citigroup, American Express, J.P. Morgan Chase & Co and Putnam Investments a combined $81.25 million for failing to provide customers with necessary information about mutual funds.
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 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.
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.
US market regulator Securities and Exchange Commission has charged Countrywide Financial founder Angelo Mozilo and two former executives with securities fraud. Mozilo, who is the former chief executive of financial services entity Countrywide along with David Sambol and Eric Sieracki, have been charged with fraud for misleading investors about the significant credit risk taken by the company.
'I am ecstatic as I believe this is not my victory but it is a win for the people of the country who have a right to freely express themselves. It is the victory for everyone who uses the internet and social media.' 'I think the internet is all about self regulation, and as long it is about people expressing themselves and not causing any criminal harm to anyone, it should be allowed.' Shreya Singhal, whose PIL resulted in Section 66A of the IT Act being struck down by the Supreme Court, speaks to Upasna Pandey.
Authorities in Latur have imposed an order prohibiting the gathering of more than five persons in areas around water storage tanks to avoid any possible violence over water.
The New York Stock Exchange-listed Indian IT major Satyam Computer Services' founder and then-chairman Ramalinga Raju had shocked the world three weeks ago on January 7 with the disclosure of a massive financial wrongdoing to the tune of over a billion dollar at the company. This was followed by the NYSE suspending trading in Satyam shares the very same day.
Asian Games medallist Tintu Luka ruled the track on the final day of competition at the 35th National Games, smashing an 18-year-old meet record to win the 800 metres gold before inspiring Kerala to the 4x400m title in Thiruvananthapuram on Friday.
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.
Quartermiler Mohammad Anas and long jumper Ankit Singh booked their Olympic tickets with national record shattering efforts while 200m specialist Srabani Nanda also qualified for the Rio Games in various competitions aboard on a memorable day for Indian track and field athletes on Sunday.
Lok Sabha Speaker Meira Kumar's secretary A P Pathak was on Friday removed from his post shortly after the Central Bureau of Investigtion searched his premises in an alleged disproportionate assets case during which the agency claimed to have recovered documents of properties worth crores of rupees.
Hedge funds maximise absolute returns using a broad range of strategies including unconventional and liquid investments. Quoting people familiar with the matter the Wall Street Journal said: "The Securities and Exchange Commission ordered more than two dozen hedge funds to turn over trading information as it ramps up its investigation into whether traders were spreading rumours to manipulate shares."
The BJP, which has emerged as the main opposition party in West Bengal after winning 77 seats in the assembly polls last year, failed to win even a single civic body.
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.
Sprinter Revathi Veeramani is part of the 4x400m Indian mixed relay team in the Tokyo Games, starting July 23.
'There is a loss of camaraderie .. no one speaks unless i'ts work related .. it's like a laboratory where some rather deep scientific experiments abound.'
As many as 40,000 units of the much-hyped handset launched exclusively on Flipkart, was sold out within 4.2 seconds, said company head Hugo Barra on Twitter.
A multi-storeyed historic guest house in posh Malabar hill was pulled down in Mumbai on Monday by a modern implosion technique employed for the first time in this metropolis.
India began their campaign in the World Athletics Championships on a disappointing note with sprinter Dutee Chand and quartermiler Muhammed Anas Yahiya crashing out in the first round heats in London on Saturday.
