Aakash Educational Services (AESL) has accused EY of conflict of interest and breach of professional conduct in its ongoing dispute involving Byju's. It has also asked EY to disclose all documents, information, or communication it was privy to, in relation to transactions involving AESL.
'After I am done with cricket, my first goal is to direct a movie.'
'Most tax notices arise not from wrongdoing, but from unintentional mismatch or ignorance.'
Increasing cooperation in critical minerals will top Prime Minister Modi's agenda during his discussions with leaders of Ghana, Argentinia, Brazil and Namibia.
'She didn't think she'd die. It was just a trend -- a video. But it took her away in seconds.'
'A director's actor, if I had told her to jump from a building, she would probably have.' 'But I only told her to jump off a running train...'
'Dharmendra was paying a little extra attention to me and she didn't like it.'
Trump made it clear he had no plans to speak with Musk anytime soon, stating, "I'm too busy doing other things," and added, "I have no intention of speaking to him," NBC News reported.
Raja was hacked to death on May 23 while honeymooning in the northeastern state. His wife Sonam, her alleged boyfriend Raj and three hitmen have been arrested in connection with the murder.
Until now, salaried individuals having income under the head LTCG were required to file Form ITR-2.
The division bench of justice Sudhir Singh and justice Jasjit Singh Bedi was hearing a woman's plea against the divorce granted in favour of her husband by a family court in July this year.
The income-tax (I-T) department has issued showcause notices under Section 68 of the Income-Tax Act to several startups over funds routed through Singapore, seeking explanations for investments received over the past five years, people familiar with the development said. The department is questioning the source, identity, and creditworthiness of overseas investors in these transactions, they said.
The Kerala High Court has stayed all proceedings in a lower court against Yoga guru Baba Ramdev, his associate Acharya Balakrishna and their company Divya Pharmacy in a "misleading" advertisement case. The court found merit in their claim that cognisance of the offence was taken after the period of limitation.
https://www.rediff.com/business/report/why-ipo-bound-oyo-seeks-to-rename-parent-firm/20250530.htm
'Is it right and proper for the US authorities to allow people like Subrahmanya Swamy [sic] go round the country preaching murder, violence, overthrow of the duly elected Government of India?' A fascinating excerpt from Sugata Srinivasaraju's The Conscience Network: A Chronicle of Resistance to a Dictatorship.
Tenants should primarily buy contents insurance. 'This covers personal belongings like electronics, furniture, clothes, and appliances against risks such as fire, theft, floods, and other natural calamities.
A fresh US executive order (EO) which seeks to bring down prices of prescription drugs in the country by up to 90 per cent -- on par with other developed nations -- will affect innovator companies, while sparing the Indian generic drug makers in the short term. US President Donald Trump signed the EO on Monday, directing the US Trade Representative and the Secretary of Commerce to act against foreign countries that "purposefully and unfairly undercut market prices", driving price hikes in the US.
While a giant, it's a nimble-footed one, and is growing at a speed that even some of its private sector peers find enviable.
Between FY18 and FY24, it doubled its balance sheet. Despite being a late entrant in some segments, it has been able to grab market share, observes Tamal Bandyopadhyay.
Indian stock markets have experienced some ups and downs in the first half of 2025. However, both the Nifty 50 and Sensex saw steady gains, supported by a healthy economy and better corporate earnings. In this article, we will look at the detailed performance of these key indices and explore the sectors that drove the market rally.
The DGCA directive called for a series of specific checks before each flight's departure from India, including inspection of fuel parameter monitoring systems, cabin air compressors, and electronic engine control units.
The Indian government defended its decision to revoke the security clearance of Turkey-based Celebi without warning, citing an "unprecedented" threat to aviation security. Solicitor General Tushar Mehta argued that giving a hearing or reasons before taking action would "defeat the purpose" in matters of national security. The decision came after Turkey backed Pakistan and condemned India's airstrikes on terror camps in the neighboring country. Celebi, which operates at nine Indian airports, has challenged the government's move in court.
'We recently launched Yesintek in the immunology space.'
'The pain of not having a home is bearable, but the pain of having one -- and not finding peace in it -- is far worse.'
The Supreme Court's ruling in the BPSL case exposes deep flaws in the IBC's institutional framework and raises concern about judicial overreach, notes Rajeswari Sengupta.
Union telecom minister Jyotiraditya Scindia on Tuesday said investment in India at present makes economic sense for every original equipment manufacturer, as he cited the example of US smart devices major Apple's decision to source majority of the iPhones sold in the US from the country. While speaking at the Bharat Telecom event, Scindia said the investment in India at present is not just an act of goodwill alone but it makes economic sense for every OEM (original equipment manufacturer).
The US on Tuesday again placed India on its 'priority watch list' stating that New Delhi remains one of the world's most challenging major economies with respect to protection and enforcement of intellectual property (IP) rights.
The FATF statement comes in the backdrop of Indian authorities highlighting Pakistan's persistent support for terrorism and its funnelling of multilateral funds for arms procurement.
Professionals will be required to either learn new tech skills that focus on AI, cloud computing, or risk becoming obsolete, says Arun Prakash M.
Sources said Babu, during the recording of his statement last week in Delhi, has "denied" knowledge of involvement of any ED officer vis-a-vis the VACB case, saying he "only" knows a person named Wilson.
The Enforcement Directorate (ED) arrested former Haryana Congress MLA Dharam Singh Chhoker from a five-star hotel in Delhi following a brief scuffle. Chhoker, along with his sons, is accused of defrauding over 1,500 homebuyers and siphoning off over Rs 500 crore through their real-estate companies. The ED had been seeking Chhoker's presence in the investigation since May 2022. The politician was caught at the Grappa Bar of the Shangri-La hotel on Ashoka Road. He is currently in ED custody for six days.
Delhi-based electric vehicle (EV) ride-hailing firm Evera Cabs, which grabbed headlines after acquiring 500 cars from the now-defunct cab service BluSmart, is stepping up its presence in the EV cab segment. The company is aiming for revenue of Rs 100 crore in the ongoing financial year (2025-26), up from Rs 18 crore in 2024-25.
India's largest cable and wire manufacturer Polycab India ended financial year 2024-25 (FY25) on a high, delivering another strong quarter of double-digit growth and market share gains. This coupled with margin expansion, operating breakeven for its fast-moving electrical goods (FMEG) business, and steady exports outlook for FY26 is expected to support the stock, which is up 18 per cent over the past month. The stock is currently trading at Rs 5,765 a share.
'The Pakistan establishment keeps him well protected.'
Actor Mahesh Babu has been summoned by the Enforcement Directorate (ED) in a money laundering case related to realty group Surana group and Sai Surya Developers. The actor is accused of receiving over Rs 5.5 crore for appearing in advertisements for the Surana Group. The ED earlier found illegal transactions worth Rs 100 crore and seized Rs 74.5 lakh in cash during searches at Surana group's affiliated companies. Surana Group is accused of fraud under the guise of real estate ventures and is alleged to have caused financial losses to numerous investors.
The Supreme Court on Friday declared JSW Steel Limited's resolution plan for Bhushan Power & Steel Limited (BPSL) "illegal" and ordered the latter's liquidation, four years after the company was acquired by JSW Steel under the Insolvency and Bankruptcy Code (IBC). Following the ruling, JSW Steel shares fell sharply.
A decline in the initiation of the corporate insolvency process last year is spurring most Big Four firms to rethink and rejig their insolvency verticals to focus on business beyond Insolvency and Bankruptcy Code (IBC), industry experts said. Between the June and December quarter of FY25, the number of insolvency applications initiated by financial creditors went down from 150 to 84.
The Supreme Court of India has reprimanded the central government for failing to implement a cashless treatment scheme for road accident victims. The court expressed its concern over the delay in formulating the scheme, which is designed to provide immediate medical care to accident victims within the crucial "golden hour." The court highlighted that despite a statutory provision requiring the scheme's implementation, the government has not taken any action, prompting the court to intervene. The court also criticized the General Insurance Council (GIC) for raising objections to the scheme and delaying its implementation. The court has now directed the government to notify the scheme within a week and has scheduled a hearing on the matter for May 13.
The tone of the film may be gloomy but it is never tragic or hopeless. Like millions of underprivileged people who find joy in small things, Shanu, Bua and their mother keep their heads above water, notes Deepa Gahlot.
Anmol Singh Jaggi and Puneet Singh Jaggi, once hailed as rising stars in India's clean energy sector, are now facing serious regulatory action.
"L2: Empuraan", the second part of the "Lucifer" movie, a trilogy planned by the Prithviraj-Mohanlal team, has become a topic of hot debate over its critique of right-wing politics and the covert mention of the Gujarat riots.