The Armed Forces Tribunal has pulled up Gen V K Singh for "showing favour" and "without jurisdiction" reviewing a central government order to promote a Brigadier belonging to his unit to the rank of Major General in October 2011 when he was the Army chief.
Investors indulged in profit booking at attractive and higher valuations
'Professors can teach even when they are 90 because they don't lose their skill with words. Go deeper and there's spirituality in it.'
Believe it or not, the regulator is even stretching its arm to identify stressed borrowers and gauge the 'distance to default' as a measure of a particular bank's fragility, reveals Tamal Bandyopadhyay.
In the context of market integrity, the IRAI and RBI should go over the minutes of the LIC and SBI board meetings when the decisions to invest in Adani equity or debt were taken, notes Jaimini Bhagwati, former World Bank treasury professional.
An early choice will also allow Mr Rajan to do some hand-holding.
Buy from an established agent rather than a novice who may not be around when you need his assistance.
Ahead of two crucial audits, the Ministry of Civil Aviation (MoCA) has proposed to allow deputy director generals (DGs) and officers of Indian Air Force (IAF) to apply for the post of chief of India's aviation regulator. The current head of the Directorate General of Civil Aviation (DGCA), Arun Kumar, has been promoted as secretary and is expected to move out some time soon. DGCA has four Deputy DGs with experience in different fields of aviation.
Catamaran, the family office of Infosys founder Narayana Murthy, is targeting 15 per cent returns on its portfolio investments per annum as it shifts focus from early-stage investments to growth and late-stage bets. This would double the firm's assets under management (AUM) from the current $1 billion to $2 billion over the next five years. "For direct investments, we are focusing on growth-stage investments and very selectively on early stage," Deepak Padaki, president, Catamaran, told Business Standard. "(This is) primarily because the early-stage space in India, in the last three-four years, has completely changed. "There has been a huge influx of capital in the last two years. It has become a very crowded space for early-stage investment," he said.
Glenn Phillips was rewarded for a brilliant season for New Zealand in the shortest format of the game and was named the ANZ Men's T20I Player of the Year award, having thrilled New Zealand supporters with 740 runs at 38.94, scored a strike rate of 148.89.
The suburban network, called Mumbai's lifeline, use to ferry over 70 lakh commuters daily before the coronavirus outbreak.
Ravi Shankar Prasad in a review meeting of MTNL earlier this month had pulled up officials for poor network quality and slow pace of network roll-out.
Tata Sons on Thursday announced the appointment of Campbell Wilson as chief executive officer and managing director of Air India. Wilson is the founding CEO of low-cost airline Scoot.
Bharti Group-backed OneWeb on Monday said it has entered an arrangement with the commercial arm of ISRO, NewSpace India Limited (NSIL), to launch its satellite in India from 2022.
Instead of only focusing on the tenure for which the best interest rate is available, investors should also focus on their own investment horizon.
'Yet, in J&K even if you are not involved in active combat, you can come under enemy fire.' 'However young a soldier is, he is not immune to action.' 'He may face challenges during the course of discharging his military duties.'
'One state-one vote may not be a good idea in this country. There are Railways, Services, universities, Maharashtra, Baroda. Their arguments have impressed upon us to some extent. We may consider the issue in future debates'
Vrinda Rathi, Janani Narayan and Gayathri Venugopalan are set to break new ground and officiate in the Ranji Trophy.
Rajasthan Chief Minister Vasundhara Raje on Wednesday announced a slew of sops, especially for the tribals, while replying to the governor's address in the state assembly.
The apex court said the Annual Confidential Report evaluation criteria for grant of permanent commission to women officers ignored the achievement and laurels brought by them to the Indian Army.
Aiming to secure berths in the world championship squad, close to 400 boxers, including the likes of five-time Asian medallist Shiva Thapa and former world bronze-winner Gaurav Bidhuri, will be competing in the National Men's Championships starting in Bellary on Wednesday.
After five months of a rigorous training, the Agniveervayus passed out of the Airmen Training School, impressing the audience with the skills they had acquired in just 22 weeks of training at the IAF base.
The court also directed that the salary amount returned by Anita, who was a teacher at Indira High School in Cooch Behar district, be handed over to petitioner Babita Sarkar.
Colonel Santosh Mahadik died during an operation in Kupwara last year. His wife Swati Mahadik says joining the Indian Army allows her to keep his memory alive.
In the face of tax blow, brokerages remain sanguine about the prospects of asset management companies (AMCs). A sharp correction in the shares of AMCs over the past three months factors in most of the negatives and turned valuations attractive, observe analysts. In its latest report, Kotak Institutional Equities (KIE) has upgraded HDFC AMC to 'add' (from 'reduce') and reprised 'add' and 'buy' ratings on the rest of the listed AMCs - Nippon, UTI, and Aditya Birla Sun Life.
A delegation from Israel's foreign ministry will be allowed to provide consular assistance from Doha for its citizens coming for the World Cup matches.
The judge also asked why the official got suspended on his latest assignment and the deponent said he was caught by the vigilance department.
Gen Bipin Rawat's appointment, first as army chief superseding two other army commanders, and then as CDS, was the consequence of his close personal rapport with National Security Advisor Ajit Doval. Now, with General Rawat gone and nobody named to replace him as CDS, it is evident that no other top military officer enjoys that relationship with Doval, observes Ajai Shukla.
Companies don't have to be in the field to nudge people to return money they owe lenders.
Modi is believed to have signed on Ashok's appointment file before he left for Brazil to attend BRICS Summit, an oil ministry official said in New Delhi.
Even as Union ministers allay misgivings over Agnipath, figures show a meagre 2.4 per cent of the ex-servicemen who applied for a government job could get one as the Centre and the states have been unable to recruit against the reserved quotas. Public sector undertakings (PSUs), ministries, and officials of Sainik Boards have blamed it on the lack of skill among ex-servicemen. They say veterans' inability to qualify in selection exams is one of reasons for this. Also, non-recognition of qualifications obtained from the military are reasons why their recruitment has remained significantly low, pushing them towards low-skill jobs.
'Cracking the exam is 99 per cent hard work and persistence and maybe 1 per cent luck.'
Independent directors
The complainant must file the complaint within three months from the date of the incident and the Internal Committee will give seven working days to the accused to respond to the allegations. The respondent gets 10 days to respond.
Tamil Nadu's latest budget offers path-breaking initiatives and major boost for social infrastructure, which other state governments are sure to follow in the coming years, predicts N Sathiya Moorthy.
In 1937, a hydrogen-powered German airship flying into New Jersey caught fire and crashed, killing 35 passengers on board. It was sort of a man-made disaster as some 100 people were loaded on to a balloon filled with the most flammable material in the universe. The airship was named Hindenburg. Eight decades later, in 2017, a graduate of international business management from the University of Connecticut founded a "forensic financial research" firm to specialise in spotting wrongdoings and frauds, or what it calls man-made disasters, at companies around the globe and take market bets against them.
It is rare for Cabinet ministers to tick off state-owned companies publicly, yet that was what then petroleum and natural gas minister Dharmendra Pradhan did for ONGC. Speaking at an event on June 29, Pradhan said he has asked India's premier exploration company to find fresh oil acreages fast. "Do it yourself through some joint venture (or) through a new business model. But the government cannot permit you to hold resources for an indefinite time." The reason for this stricture is India's rising dependence on imported oil and gas. Or, to put it another way, falling domestic production (see chart: "Crude truth"), especially from ONGC, which faces a simple problem.
'Non-par plans returns are not market-linked. Hence, they can offer guaranteed returns.'
As a multi-agency probe into the NSE case gathers pace, the grant of preferential server and data access to select brokers and their suspected misuse are being investigated threadbare to unveil all quid pro quo arrangements in a highly-sophisticated scheme that worked like a cricket betting scandal, officials said on Monday. While the bourse has said it has taken several steps over the years to strengthen its technology infrastructure, including as per regulatory orders, the officials said certain fresh disclosures call for a detailed probe into whether a select group of individuals in high positions had banded together to make illicit gains by facilitating the preferential trading slots, beginning over a decade ago. Even a split-second faster access is said to result in huge gains for a trader.
Jugraj made his International debut against France during the FIH Hockey Pro League matches in South Africa
