The dispute between Aakash Educational Services Ltd (AESL) and edtech firm Byju's has escalated, with Aakash filing a sharply worded petition before the National Company Law Tribunal (NCLT) in Bengaluru, alleging conflict of interest and professional misconduct by global consulting firm Ernst & Young (EY), according to court filings
Tata Consultancy Services (TCS) employee headcount fell by a massive nearly 20,000 in a single quarter, as India's largest IT services company continues to restructure workforce to align with changed business dynamics. According to Q2 FY26 data on its website, the company's headcount has dropped to 5,93,314 in September quarter as compared to 6,13,069 in June quarter, even as IT workers' union NITES accused TCS of downplaying large scale layoffs through under-reporting.
Ashok Sah was arrested after his name was revealed to the police by Umesh Kumar, the shooter who killed Gopal Khemka late on Friday evening.
Reserve Bank Governor Sanjay Malhotra on Wednesday exhorted the fledgling fintech ecosystem to focus on the underserved sections of the society to deepen financial inclusion. Speaking at the annual Global Fintech Fest in Mumbai, Malhotra accepted that serving the "privileged" will be a lucrative business, but urged the smaller companies to focus on the underserved.
AI will erase outsourcing jobs, redefine skills and disrupt global giants within five years, predicts Vinod Khosla. The IT legend urges young people to become generalists: Adaptable thinkers who can learn quickly, connect dots across disciplines and shift careers as technologies evolve.
Do not panic on receiving a notice. Verify if your work falls under professions notified in Section 44AA(1).
A Gujarat resident, Majoti Sahil Mohammed Hussein, enlisted in the Russian military to avoid a prison sentence in a drug-related case and subsequently surrendered to Ukrainian forces. His family is appealing to the Indian government for his return.
2025 has seen a sharp rise in lawsuits targeting IT services and consulting companies, which now increasingly offer proprietary digital platforms and cloud services.
Lower rates effectively increase disposable income, strengthen purchasing capacity, and support broader consumption growth.
'Byju's founders reserve all rights to bring actions against those parties that have caused damage to them personally and to their businesses.'
Unresolved succession plans and informal ownership structures are fuelling bitter family fights across India's corporate boardrooms.
The BJP-led government's decision to grant Kunbi status to individuals from the Maratha community has opened a Pandora's box.
Simplifying GST rates, removing exemptions, easing disputes, and speeding up refunds can boost investment in India and offer the best reply to Trump's tariffs, observes V S Krishnan, former member, Central Board of Indirect Taxes and Customs.
'...so cases that arose under the existing Act will be adjudicated under the old provisions.' 'Care has been taken to ensure that the new I-T Act does not give rise to interpretational issues.'
'In case a particular industry has not passed on the benefits and if we receive complaints, we will take up the matter with the industry body concerned.'
'Things may get much worse before they get better,' predicts Ajay Chhibber.
'There is no retrospective changing of the law, only its simplification.'
Recalling or relabelling medicines already in the supply chain before September 22 will not be mandatory, the finance ministry said on Tuesday, issuing a fresh set of frequently asked questions (FAQs) to address industry concerns following the announcement of goods and services tax (GST) revisions.
A US lawmaker and former officials warn that President Trump's policies are damaging the strategic partnership between the United States and India, potentially driving India closer to China and Russia.
Police investigate the alleged murder of Nikki Bhati over dowry demands, with neighbors claiming disputes over her social media activity.
The Bombay High Court ruled that Maratha quota activist Manoj Jarange must obtain prior permission from authorities to hold a protest, citing concerns about law and order, especially during the Ganesh festival.
SEBI's blockbuster reforms are rewriting the rules of mutual fund investing -- faster growth, sharper transparency, and smarter safeguards that put investors first, explains Ramalingam Kalirajan.
The Supreme Court has deleted its critical observation against Allahabad High Court judge Prashant Kumar, clarifying that it did not intend to embarrass or cast aspersions on him. The decision follows a request from Chief Justice B R Gavai to reconsider the matter.
DPDP Act (2023) gives individuals the right to decide how their personal data is collected and used. For many businesses, this means reworking longstanding data practices, notes Ravi Duvvuru.
'The new Bill introduces no policy or rate changes, leaving financial planning strategies largely unaffected.'
'The considerations for choosing between the old and new tax regimes remain essentially unchanged.'
The police claim businessman Ashok Sao paid Umesh Yadav Rs 400,000 to kill Gopal Khemka last Friday.
The tax department has created many circular traps -- flawed reporting formats, penalties for those who point out the flaws, and faceless assessors with no accountability. The result: Millions of taxpayers face needless harassment and procedural dead ends, highlights Harsh Roongta.
Mumbai police submit to the Bombay High Court that Disha Salian committed suicide, refuting claims of foul play by her father, who alleges gangrape and murder and seeks a CBI probe.
China is set to build a rail link connecting Xinjiang province with Tibet, part of which will run near the Line of Actual Control (LAC) with India.
For India, the challenge is to strike a balance between tactical necessity and economic priorities, point out Pravin Krishna and Monil Sharma.
Herman Jansen continues to see India as a strategically-important emerging market despite selling the global rights for Maison House and Savoy Club brands from UTO Asia to Allied Blenders and Distillers (ABD). Herman will focus on growing its European and South East Asian market, Diederik Jansen, chief executive officer and seventh-generation owner of Herman Jansen, which has been producing spirits since 1777, told Business Standard.
The trade relationship between India and the United States has been strained by the imposition of 25% tariff by the US on Indian goods.
While TCS cited evolving business needs and future readiness as reasons, industry experts say the action is a cost-cutting measure aimed at improving operating margins that have remained below the firm's aspirational range despite multiple efforts.
India, the biggest contributor to world demand for oil, will bring into effect in an overhaul of its drilling policy. This comes after more than a year of preparation and will boost the exploration and development of India's oil and gas sector along with increased participation by foreign drillers
'LAP is suited for borrowers with a steady income, sound repayment discipline, and a clear repayment plan.'
An accused is discharged at the stage of charge-framing when the judiciary is persuaded that the prosecution's claims do not contain adequate prima facie evidence to suggest criminal conduct.
Aaditya Thackeray refuses to comment on the Disha Salian case, while Nitesh Rane insists the matter is not closed and justice will be served.
Unprecedented bribery charges, farewells, separation, failed union, monumental mergers and record-breaking IPOs, along with a healthy dose of online happenings in the form of spat and lessons in customer care, corporate India saw it all in 2024.
The inclusion of a "no-contest" clause in Ratan Tata's will has caught the attention of India Inc, prompting a wave of interest among promoters of listed companies and business families. Legal advisors and estate planners are seeing a noticeable uptick in queries, as wealthy individuals look for ways to shield their legacies from courtroom battles.
The court cannot act as an agent or mouthpiece of the police, and it is under solemn obligation to independently apply its mind to the chargesheet, without borrowing the opinion of the IO.
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