Ramiz, who was replaced as PCB chairman by Sethi by Prime Minister Shahbaz Sharif last December, has been quiet for a while, after initially lashing out at the changes in the board.
Benches of the National Company Law Tribunal (NCLT) should not get into questioning a company's default once it is established by the creditors, particularly financial creditors, for admission to the corporate insolvency process. This is one of the key themes of the draft guidelines for the NCLT, which are being finalised by the Ministry of Corporate Affairs (MCA), a senior official said. According to the official, while the company law matters could involve the "principle of natural justice" and justify extended proceedings to hear all parties concerned, the same does not apply to the Insolvency and Bankruptcy Code (IBC) proceedings.
The country's largest bourse National Stock Exchange (NSE) has put the NSE Prime initiative in cold storage following lukewarm response from India Inc, said people aware of the development. Inspired by Brazil's Novo Mercado, NSE had announced a separate platform which any listed company could be part of by voluntarily adopting a stricter corporate governance code. Launched in December 2021, NSE Prime was to formally take off within a year after empanelling companies.
According to sources, the filters were applied on Saturday night soon after the poll schedule was announced.
'The last year's growth is a foretaste of things to come in the retail credit market.'
A 12-year-old girl was raped, bitten multiple times and brutalised allegedly by two men working for the trust managing a famous temple in Maihar town of Satna district in Madhya Pradesh, police said on Friday.
An Indian American Silicon Valley entrepreneur has launched a unique initiative designed to get techies to volunteer their time to develop software and applications that will benefit people in India and other developing countries.
Lenders of debt-ridden Jet Airways on Tuesday filed an appeal in the National Company Law Appellate Tribunal (NCLAT) against implementation of the resolution plan by the Jalan-Kalrock consortium, according to sources. The sources said the lenders have maintained that the condition precedent mentioned in the resolution plan of the consortium has not been met. And therefore, the plan is not valid. "The lenders want the plan to be circled back to the committee of creditors (CoC) for fresh consideration," the sources said.
A bench of Justices Sanjiv Khanna and MM Sundresh said the word 'cruelty' under Section 13(1)(ia) of the Hindu Marriage Act of 1955 has no fixed meaning, and therefore, gives a very wide discretion to the Court to apply it "liberally and contextually".
They were similar to electronic wallet Paytm. Bommai's face figures in the middle of the QR code with the message "40 % accepted here".
Of the 21 people that died in Tamil Nadu's Villupuram and Chengalpattu districts earlier this week after consuming spurious liquor, 13 belonged to Ekkiyarkuppam at Marakkanam in Villupuram, which borders Puducherry.
A delegation from International Hockey Federation (FIH) is in New Delhi to discuss the way forward and avert a possible suspension of Hockey India (HI), currently placed under a Committee of Administrators.
In recent times, there have been various incidents of unruly passengers onboard domestic and international flights.
A high-level committee to explore the feasibility of conducting simultaneous elections, headed by former president Ram Nath Kovind, held its first meeting in New Delhi on Saturday and decided to invite political parties and the Law Commission to seek their views on holding synchronised polls in the country, a statement said.
Abhishek Porel set to replace Rishabh Pant at DC, Sarfaraz to start as first keeper
The insolvency process of debt-ridden Reliance Capital Ltd (RCL) on Tuesday hit a roadblock as the NCLT Mumbai has stayed the resolution process on the plea of Torrent Group. The stay order was issued by the National Company Law Tribunal (NCLT) as the Ahmedabad-based Torrent Group challenged the revised bid from Hinduja Group, sources said. Torrent Group, which emerged as the highest bidder with an Rs 8,640 crore offer, had moved the NCLT-Mumbai against Hinduja Group's late revised bid, which it had submitted after the completion of the e-auction process on December 21.
The Supreme Court on Friday stayed the conviction of Congress leader Rahul Gandhi in a 2019 defamation case over his Modi surname remark, restoring his status as an MP.
The data-sharing obligations could generally place India at a disadvantage, given that such obligations may not exist in other countries and such outcomes would be undesirable, said Nasscom.
The Enforcement Directorate, probing the case, has claimed Yusuf had assisted Mirchi in buying properties in India using money earned through illegal activities.
Congress leader Rahul Gandhi will be in Gujarat's Surat city on Monday to file an appeal before a sessions court against his conviction in a criminal defamation case, his lawyer said on Sunday.
According to him, since India has a low fiscal deficit, a low current account deficit and lower inflation, there is no need for being too dependent on foreign money for growth.
Some of the celebrities whose names and details were used by the fraudsters are Abhishek Bachchan, Shilpa Shetty, Madhuri Dixit, Emraan Hashmi and Mahendra Singh Dhoni, Deputy Commissioner of Police (DCP) of Shahadra Rohit Meena said.
Bankers back the new bankruptcy code, which would impose debt deadlines on failed firms and foresees up to five years in jail for debtors who conceal property or defraud creditors
The arrest of Abdullah Omar Madani in New Delhi will help the police crack the financial code of the Lashkar-e-Tayiba, according sources in the Intelligence Bureau. Madani is reportedly a close aide of the LeT Hafiz Saeed and apart from handling recruitments in Nepal, Madani was also in charge of financial transactions in India.
The poll panel also referred to the instances of "inappropriate vocabulary and language" used during the ongoing campaign by persons, "in particular, by those invested with the statutory status of star campaigner".
After stories and music, it is now websites that are said to be the target of copycats in and around the Hindi film industry.
A passenger on a New York-New Delhi American Airlines flight allegedly urinated on a fellow male passenger in a drunken state, sources said on Sunday.
The prime minister had violated the model code of conduct by holding a 'roadshow' after voting in the Gujarat assembly polls, Congress chief spokesperson Randeep Singh Surjewala alleged.
Lenders have postponed the second auction to sell bankrupt Reliance Capital's assets by a week to April 11, even as the Torrent group, the highest bidder in the first round, pursues litigation in the Supreme Court. Lenders are expecting the Hinduja group and Torrent to participate in the second auction and maximise the value of the assets. American financial services major, Oakteee may also join the race, said a source.
India must evolve its own standards on how democracy must be ranked in a diverse and multi-religious, multi-ethnic, multi-lingual and pluralistic idea called India, suggests R Jagannathan.
The seven have been booked on the charge of murder and other sections of the Indian Penal Code, a CID official said.
As the economy slows, Chinese companies are under lots of pressure.
The government wants a collaborative model with a public-private partnership to fact-check social media content.
The 11 people were discharged on February 4 by the trial court, which said they were made 'scapegoats' by police and that dissent has to be encouraged, not stifled.
Amid a debate on the freebies, the Election Commission on Tuesday proposed amending the model code to ask political parties to provide authentic information to voters on the financial viability of their poll promises.
The government has imposed anti-money laundering provisions on cryptocurrencies or virtual assets as it looks to tighten oversight of digital assets. In a gazette notification, the Finance Ministry said the anti-money laundering legislation has been applied to crypto trading, safekeeping and related financial services. After this, Indian crypto exchanges will have to report suspicious activity to the Financial Intelligence Unit India (FIU-IND).
Party sources said the former MP from Nizamabad requested the BRS cadre and Kavitha's supporters to not gather at her residence.
Patel's name was declared as the leader of the legislative party unanimously at the meeting held at the party's state headquarters 'Kamalam'.
During his first day in police custody, Sheezan told Waliv police that he ended the relationship with Tunisha after seeing repercussions emerging from the Shraddha Walkar case and told his former paramour that belonging to a different community stands in their way as did their age gap.