The fledgling Akasa Air has told the Delhi high court it is in a "state of crisis" following the "sudden and abrupt" resignation of over 40 pilots who left the airline without serving the mandatory notice period. The airline and its CEO Vinay Dube approached the high court with their petition on September 14, seeking a direction to the Directorate General of Civil Aviation (DGCA) to take coercive action against these pilots for their "irresponsible actions". The high court has fixed the plea for hearing on Friday.
Renowned agricultural scientist M S Swaminathan and the driving force behind the nation's 'Green Revolution,' passed away in Chennai on Thursday.
The Delhi high court on Friday awarded Rs 20 lakh to Microsoft in damages in a 12-year-old copyright infringement suit. Microsoft said that a Mumbai-based firm was illegally using its software programs in which its copyrighted products, including Microsoft Windows, Microsoft Office and Windows Server were being reproduced and used for commercial purposes at the firm's offices. The court had on May 24, 2010, passed an injunction restraining the Mumbai firm from infringing the plaintiffs' software programs.
Denying any sexual harassment of a young woman law intern, former Supreme Court judge Justice A K Ganguly on Friday said he was "shocked and shattered" by the charges against him.
The Supreme Court adjourned to Tuesday the hearing on a plea of the Securities and Exchange Board of India (SEBI) seeking extension of six months to complete a probe into allegations of stock price manipulation by the Adani group. The hearing on the market regulator's plea and PILs could not take place on Monday due to paucity of time and on account of scheduled hearing of certain matters before a special bench at 3 pm. A bench comprising Chief Justice D Y Chandrachud and justices P S Narasimha and J B Pardiwala on May 12 had said it would consider granting three more months to Sebi for concluding its probe into the allegations of stock price manipulation and lapses in regulatory disclosure.
If your flight is cancelled or delayed or you miss one, a travel insurance policy can cover the costs at such times and help you book a new one.
The government decided to enhance surveillance and containment effort within the state by tracking and quarantining the primary and secondary contacts of the COVID-positive persons.
While most universities and colleges are genuine about what they offer, applicants need to verify the claims to check for authenticity and red flags if any, alerts Piyush Kumar, regional director, (South Asia), IDP Education, an overseas education consultancy.
India and Pakistan to renew football rivalry after five years, clubbed in same group in next month's SAFF Cup
'What can a teacher do that ChatGPT cannot?'
Failure to disclose any income can lead to penalties and legal issues.
A bench of Justices B R Gavai and Vikram Nath asked the Centre to furnish details of the experts in the task force who specialise in cheetah management, their experience and qualification within two weeks.
Siva Prasad Nanduri, chief business officer, TeamLease Digital, outlines the skills that will help you get a job in 2023.
The Delhi High Court Tuesday restrained the Enforcement Directorate from taking any further action pursuant to the attachment of Amnesty International India's funds in connection with a money laundering case.
Arrested on charges of sexual assault on a woman during the T20 World Cup, Sri Lanka cricketer Danushka Gunathilaka was denied bail after the hearing at a local court in Sydney on Monday.
The rally in silver may continue if the global economic recovery remains on course.
Parliamentary Affairs Minister Prahlad Joshi has said that 31 bills will be taken up in the monsoon session. Among these include the Digital Personal Data Protection Bill, 2023.
Capital markets regulator Sebi has amended norms to bring buying and selling of mutual fund units under the ambit of insider trading rules. At present, insider trading rules are applicable to dealing in securities of listed companies or those proposed to be listed, when in possession of Unpublished Price Sensitive Information (UPSI). The units of mutual funds are specifically excluded from the definition of securities under the rules.
A plea that the banking regulator's stress should be on the strategic role of boards and an increase in the remuneration of independent directors were among the issues put forward to the Reserve Bank of India's (RBI's) top brass in its interaction with the full boards of state-run banks held on Monday. The meeting, the first leg of first-of-its-kind interactions with the boards of state-run banks, will now be followed by those of private banks in Mumbai on May 29. The RBI's press release, issued late on Monday, did not refer to the specific points that found mention in the deliberations, but top sources told Business Standard the twin concerns were taken up in the open-house interaction with the banking regulator's brass.
A Hinduja Group firm on Wednesday emerged as the highest bidder with an offer of Rs 9,650 crore to take over debt-ridden Reliance Capital in the second round of auction, sources said. The bid by IndusInd International Holdings Ltd (IIHL) is higher than Rs 8,640 crore offer made by Torrent Investments in the first round of auction held in December last year. The other two suitors -- Torrent Investments and Oaktree -- did not participate in the second round of auction, sources said.
The Bombay high court on Friday heard prosecution and defence arguments on the applications of former ICICI Bank CEO and MD Chanda Kochhar and her businessman-husband Deepak Kochhar, challenging their arrest by the Central Bureau of Investigation (CBI) in an alleged loan fraud case, and reserved its verdict which will be delivered on Monday. The Kochhars, along with Videocon group founder Venugopal Dhoot, were arrested by the CBI late last month for their alleged roles in the case and the trio is currently in jail under judicial custody. The Kochhar couple has termed their arrest as "illegal" on the ground that no sanction was obtained prior to the CBI action as required under provisions of the Prevention of Corruption Act (PCA).
The activities of the Board of Control for Cricket in India (BCCI) are commercial in nature and can be termed as a 'shop' for the purposes of attracting the provisions of the Employees State Insurance Act, the Supreme Court has said.
Billionaire Gautam Adani's group is said to be planning a surprise entry into the race to acquire telecom spectrum, which will pitch it directly against Mukesh Ambani's Reliance Jio and telecom czar Sunil Bharti Mittal's Airtel, sources said. Applications for participating in the July 26 auction of airwaves, including those capable of providing fifth-generation or 5G telecom services such as ultra-high-speed internet connectivity, closed on Friday with at least four applications. Jio, Airtel and Vodafone Idea -- the three private players in the telecom sector -- applied, three sources with knowledge of the matter said.
India's gymnastics ace Dipa Karmakar on Saturday said she accepted provisional suspension after returning positive for a banned drug to swiftly resolve her case with the international federation.
Under the conditions, the firms shall submit data of ongoing clinical trials and the vaccines to be supplied for programmatic setting.Adverse event following immunisation will continue to be monitored.
A recent report outlining preliminary findings of damage assessment of the earthquakes shows violations of the building code stipulations in the past two decades contributed to a large number of lives lost and extensive damage to infrastructure.
An expert panel of India's central drug authority on Wednesday recommended granting regular market approval to COVID vaccines Covishield and Covaxin for use in adult population subject to certain conditions, official sources said.
A bench of justices BR Gavai and Sanjay Karol told the Centre that from reports of experts and articles, it appears that KNP does not seem to be sufficient for such large number of cheetahs and the Union government may consider shifting them to other sanctuaries.
'Given that debt AIFs, by nature, target a higher portfolio return, it is likely to attract investors like HNIs, family offices, etc, looking for a higher yield debt product.'
'It is nice that the banking system is in good shape.' 'It is a little early to call it too good because I think it was too bad in the past.'
