The government decided to withdraw its two nominees from the Maytas Infra board following the Company Law Board order handing over the reins of Maytas Infra, promoted by kins of disgraced founder of Saytam, R Ramalinga Raju, to IL&FS.
The two also met corporate affairs minister Salman Khurshid, who asked them to keep his ministry in the loop.
Muslims' enrolment at secondary level of education is less than that of the scheduled castes, a government survey has indicated.
Terming the nearly Rs 10,000 crore (Rs 100 billion) scam in Satyam Computers as an aberration, the government on Thursday said the proposed new Companies Bill provides more stringent provisions to avoid such frauds in the future.
A source close to the development pointed out that, with the newly-appointed Minister of Corporate Affairs Salman Khurshid publicly stating that Tech Mahindra would have to deal with the excess employee issue with 'sensitivity', this is one point that will surely be discussed.
The delegation demanded that those responsible for the act should be brought to book as the issue was serious.
Yoginder Sikand reviews Salman Khurshid's Sons of Babur -- A play in search of India.
Continuing its association with the Aam Aadmi, the Congress's slogan for the 2009 Lok Sabha poll, which was unveiled on Friday, banks heavily on the common man. 'Aam admi ke badte kadam, har kadam par Bharat bulund', is the Congress' theme to woo the common man. Interestingly, the new slogan for the Parliamentary election has been penned by Union Information and Broadcasting Minister Anand Sharma and senior Congress leader Salman Khurshid.
Does not want Satyam shareholders to be punished twice.
India has urged the US Securities Exchange Commission (SEC) not to impose fine on Satyam, now Mahindra Satyam, in view of irregularities as the company was also listed there.
The Congress on Monday gave a clean chit to former Prime Minister Atal Bihari Vajpayee and spiritual preacher Deoraha Baba, whose names figure in the list of those found culpable by the Liberhan Commission, for the demolition of the Babri Masjid on December 6, 1992. "Vajpayee's name was not in the conspiracy (to demolish Babri mosque). His name was only in one of the lists," Minority Affairs Minister Salman Khurshid said.
The government on Thursday said cost accounting body ICWAI can change its name to Institute of Cost and Management Accountants of India.
Amid the raging debate over high CEO salaries, industry chamber Ficci's President Harsh Pati Singhania said if talent is to be attracted one has to pay for it and that in most cases they are "within limits".
Trade unions on Tuesday went one step ahead of Corporate Affairs Minister Salman Khurshid on the issue of CEOs' salaries suggesting their remuneration must be regulated by law as 'self-regulation is no remedy'.
The government has set up an early warning system to detect Satyam-like corporate frauds on a pilot basis by keeping the accounts and activities of 50 identified companies under the scanner.
Party president Sonia Gandhi nominated Mukut Mithi (Arunachal Pradesh), Peerzada Sayeed (Jammu and Kashmir), Prabha Rau (Maharashtra), B D Kalla (Rajasthan) and Salman Khurshid (Uttar Pradesh).\n\n
The Companies Bill, 2008, which lapsed with the dissolution of the 14th Lok Sabha, was reintroduced by the corporate affairs minister Salman Khurshid in the Lower House amid din. Besides other things, the new Bill will be shorter and will try to harmonise the company law framework with sectoral regulations.
What some of our leaders were up to on the weekend.
Salman Khurshid, who holds the portfolios of minority affairs and corporate affairs, tells Sreelatha Menon that he wants greater public participation in development programmes.
Union Minority Affairs Minister Salman Khurshid said on Wednesday that Indian Muslims have failed to show their existence not only in the country but also outside it, underlining it as the reason why US President Barack Obama made no mention of them while expressing his desire to speak to Muslims of the world.
The former external affairs minister said, ""It was a problem of communication. But diplomacy is all about communication and if you are not able to communicate properly, what kind of diplomacy you are having."
Over 3.7 lakh companies have not filed annual returns and balance sheets, which is mandatory under the Companies Act, for the fiscal year 2008-09, Parliament was informed on Thursday.
After Rahul Gandhi's remark accusing Rashtriya Swayamsevak Sangh of having killed Mahatma Gandhi, Union Minister Salman Khurshid on Friday went a step further alleging that the Sangh volunteers had distributed sweets in their homes after the assassination.
Otherwise detractors, Congress general secretary Ahmad Patel and Delhi Chief Minister Sheila Dixit appeared to team up to keep Uttar Pradesh Congress Committee chief Salman Khurshid out of Delhi.
This is in the backdrop of the arrest of R Vasudevan, the seniormost CLB member, on November 24. This has left the board with just two members to hear the pending cases that run into thousands.
"American jurisdiction will decide independently of what we do here. We cannot be on any help to them (PW) in the US. We cannot go and say (to PW) don't worry we will pay for you," Corporate Affairs Minister Salman Khurshid said.
The fraud was disclosed by Satyam founder Ramalinga Raju himself in January.
The Bharatiya Janata Party on Saturday accused Union minister Ghulam Nabi Azad of making casteist remarks against Narendra Modi by referring to the backward community to which the Gujarat chief minister belongs and demanded an apology from him as well as the Congress.
The Uttar Pradesh Congress on Thursday morning handed over a letter to Governor T V Rajeswar withdrawing support to the three-year-old Mulayam Singh Yadav government.
Modi had hit out at Rahul Gandhi, saying: "Your father was termed 'Mr Clean' by his courtiers, but his life ended as 'Bhrashtachari No 1."
Former Maharashtra chief minister Ashok Chavan who heads the group said he had submitted the report on the party's performance in Kerala, Assam and Puducherry and that the assessment for West Bengal was underway.
The leaders of the two parties discussed the possibilities of seat sharing but did not divulge any details.
A delegation of Congress leaders met EC officials and raised several issues, including the use of pictures and large cut-outs of the prime minister in government buildings and colleges and demanded that those be removed to maintain a level-playing field in the upcoming parliamentary election.
Congress young guns take offence over old guard's utterances.
A delegation of opposition party leaders on Friday met the top brass of Election Commission to raise its concerns over poll code violations by the ruling party leaders, and also flagged concerns over delay in release of voter turnout figures for the first two phases of the polls.
Dravida Munnetra Kazhagam President M Karunanidhi on Saturday welcomed Prime Minister Manmohan Singh's decision not to take part in the Commonwealth Summit in Sri Lanka in view of opposition by political parties in Tamil Nadu.
A bench of justices N V Ramana and Ajay Rastogi issued notice the Centre on a batch of petitions which has sought to declare The Muslim Women (Protection of Rights on Marriage) Act 2019 as "unconstitutional" on grounds that it allegedly violates the provisions of the Constitution.
In its complaint against Shah, the Congress told the EC that the home minister claimed in a speech in Chhattisgarh's Rajnandgaon on October 16 that "...Bhupesh Baghel's government, for appeasement politics and vote bank politics, lynched Chhattisgarh's son Bhuneshwar Sahoo and got him killed..."
Union Minister Salman Khurshid said that the decision to ban VHP's 84 Kosi yatra has been taken by the Samajwadi Party government of Uttar Pradesh and Congress had nothing to do with it.
