Proceeds of the crime had been siphoned off and laundered or concealed, or layered and integrated into the main financial system through the acquisition of properties. His wife Bindu Kapoor has been charged with being aware of the source of monies that were being routed through these companies.
It claimed that the Act is violative of Articles 14, 15 and 21 of the Constitution and thus, is liable to be struck down.
Both companies, along with three others, were suspended in 2010 on grounds of irregularities.
Modest growth projections hits IT sector.
A contemnor can be punished with simple imprisonment for a term which may extend up to six months or with a fine of up to Rs 2,000 or with both.
The macroeconomic implications of successful Iranian Bourse selling oil denominated in non-dollar terms are in fact profound for the world of finance.
Stressed MSME borrowers would be eligible for restructuring of debt, if their accounts were classified standard.
Blame it on improved business climate, restructuring within companies or just the basic need to pursue better opportunities -- the Indian information technology industry is seeing heavy churn at the top.
The recently-concluded lateral placement process at IIM-B saw the emergence of management consultants as the preferred choice for more than 55 per cent offers.
In January this year, permission was denied for the BJP president's chopper to land in Malda district to hold a rally. However, authorities permitted Shah to hold the public meeting at the last minute.
Infosys is steadily trying to get back its lost ground under Sikka.
Shortly after the twin earthquake-tsunami that hit Japan, Indian IT firms had started calling back employees.
Headhunters and industry veterans reckon that as the job market opens up, the demand for non-engineering and other non-technical students is expected to be more than that was seen in the previous years.
The top police officer denied that Dubey had surrendered at Ujjain and said that the accused who was on the run was identified at the Mahakaal Temple by the Samiti authorities as well as the policemen at the temple premises.
The combined assets of the top five - Tata Consultancy Services (TCS), Infosys Technologies, Wipro, HCL Technologies and Tech Mahindra were down one per cent to Rs 27,7400 crore at the end of 2017-18, from Rs 28,0100 crore a year before.
Rajasthan Cricket Association has decided to lodge a criminal complaint against Rajasthan Royals captain Shane Warne at a local court for allegedly abusing its secretary Sanjay Dixit after an IPL match in Jaipur, ignoring the apology from the legendary Australian.
In the volumes of B-schools placement reports, one piece of statistics gets overshadowed by the numerical platitudes and eulogies. Mentioned mostly as an afterthought, it is about students who opt-out of the placements, to follow their calling and start their own businesses. PaGaLGuY speaks to some of these souls and learn their stories.
Referring to various media reports showing the 'unfortunate and miserable conditions' of migrant labourers walking on foot and cycling long distances after the lockdown, the top court issued notices to the Centre, the states and union territories and sought their replies by May 28.
The GoM, which would be headed by Finance Minister Pranab Mukherjee, would suggest a comprehensive policy and institutional mechanisms to tackle paid news, sources said.
Dnyaneshwar Nivrutti Bodke is a farmer who hates subsidies and loan waivers. He also helps other farmers turn into businessmen and earn good income from their own farms.
'The vast majority of people are going to get better.' 'And the small fraction, who are not going to get better, unfortunately, there's no drug that we have that can that can alter the trajectory.'
A Vaishali court in Bihar's Hajipur on Wednesday issued summons to All India Majlis-e-Ittehad-ul Muslimeen chief Asaduddin Owaisi to appear personally before it on August 11 in connection with his reaction against awarding of capital punishement to Mumbai blast accused Yakub Menon last year.
While TCS, Infosys and Cognizant have hinted at a weak quarter, analysts say the slowdown is cyclical and growth will return after the US elections
We see India as a very important market for HP, says Sean Kenny.
The SC asked special judge to control the proceedings in accordance with law so that inordinate delay that is beyond the time-frame is no longer breached.
Company expects to be back to industry leading growth in FY17.
To get the best talent, they put stiff riders for recruitment.
Kalanithi Maran and another top company official have been summoned as accused by a Delhi court in two tax evasion cases.
Rahul Gandhi dared BJP leader Subramanian Swamy to make public his British passport number and other relevant documents.
It also said that Goswami can later file anticipatory bail plea in connection with the FIRs after three weeks.
Sikka ranks 35th in the list.
The Board of Control for Cricket in India on Wednesday came out in strong support of India captain Virat Kohli and requested the International Cricket Council to take note of Australian skipper Steve Smith's 'brain fade' in seeking dressing room's advice for a DRS referral in the second Test.
Metropolitan Magistrate Akash Jain took cognisance of the complaint and fixed the matter for recording of pre-summoning evidence on August 28.
Right now Infosys is somewhat on the up.
A police guard posted at the residence of a senior Jammu and Kashmir minister has fled along with 2 automatic rifles and large quantity of ammunition, according to a senior police officer.
'What we see today is bargaining.' 'The man's family sets a price for him and then they start bargaining.' 'He is sold to the family that offers the highest price.' 'In this market, a woman is just a commodity to be sold because if she remained at home, it is a humiliation for the family.'
Even as United States President Barack Obama's efforts to reach out to Iran to dissuade Teheran for developing a nuclear weapons capability have apparently failed miserably and the talk in Washington is now about slapping Iran with punitive sanctions, with some in the US Congress even suggesting military action, India has counseled dialogue and warned that sanctions and anti-Iran fervour could further destabilise the region.
The juvenile convict in the 'Nirbhaya' gang-rape case of 2012 won't be released from jail and will be under the monitoring of an NGO for a year, sources said.
Amid Trump's expected action against employment visas, India's bellwether IT firms reveal they have been preparing for this eventuality for years.
Javed Mozawalla the alleged ISI spy was arrested by the Crime Branch a fortnight back, Mozawalla in his interrogation had told the cops that he was told to get the photographs of Koyna dam by his handlers in the Pakistan consulate.
