The high-voltage battle between the Ambani siblings -- Mukesh and Anil -- has put under stress the legacy of their father Dhirubhai Ambani, Corporate Affairs Minister Salman Khurshid said on Tuesday.
The government decided to withdraw its two nominees from the Maytas Infra board following the Company Law Board order handing over the reins of Maytas Infra, promoted by kins of disgraced founder of Saytam, R Ramalinga Raju, to IL&FS.
The two also met corporate affairs minister Salman Khurshid, who asked them to keep his ministry in the loop.
India has urged the US Securities Exchange Commission (SEC) not to impose fine on Satyam, now Mahindra Satyam, in view of irregularities as the company was also listed there.
The Congress on Monday gave a clean chit to former Prime Minister Atal Bihari Vajpayee and spiritual preacher Deoraha Baba, whose names figure in the list of those found culpable by the Liberhan Commission, for the demolition of the Babri Masjid on December 6, 1992. "Vajpayee's name was not in the conspiracy (to demolish Babri mosque). His name was only in one of the lists," Minority Affairs Minister Salman Khurshid said.
The government on Thursday said cost accounting body ICWAI can change its name to Institute of Cost and Management Accountants of India.
In a sharp contrast to the United States position, India on Tuesday disfavoured any "military solution" to resolve the Syrian conflict and said it will prefer to await the full results of the United Nations probe into the Syrian government's apparent use of chemical weapons that killed thousands of people.
In his address at a conference on Indo-Pak relations, he said relations between the two countries have nosedived but the only way out to check it is to engage in talks.
Terming the nearly Rs 10,000 crore (Rs 100 billion) scam in Satyam Computers as an aberration, the government on Thursday said the proposed new Companies Bill provides more stringent provisions to avoid such frauds in the future.
A Pakistani court has directed authorities to respond within a week to a petition by Lashar-e-Tayiba founder Hafiz Mohammad Saeed's wife challenging his detention in the wake of the Mumbai terror strikes.
India and Pakistan were close to working out the outline of a solution to the Kashmir issue and reached an understanding on disengagement in Siachen while discussing demilitarisation on both the sides of the Line of Control, said former Pakistan foreign minister Khurshid M Kasuri.
Amid the raging debate over high CEO salaries, industry chamber Ficci's President Harsh Pati Singhania said if talent is to be attracted one has to pay for it and that in most cases they are "within limits".
Trade unions on Tuesday went one step ahead of Corporate Affairs Minister Salman Khurshid on the issue of CEOs' salaries suggesting their remuneration must be regulated by law as 'self-regulation is no remedy'.
A source close to the development pointed out that, with the newly-appointed Minister of Corporate Affairs Salman Khurshid publicly stating that Tech Mahindra would have to deal with the excess employee issue with 'sensitivity', this is one point that will surely be discussed.
The government has set up an early warning system to detect Satyam-like corporate frauds on a pilot basis by keeping the accounts and activities of 50 identified companies under the scanner.
Union Minister Shashi Tharoor, whose wife Sunanda Pushkar was found dead on Friday night, was admitted to the All India Institute of Medical Sciences after he suffered a "cardiac condition" in the wee hours on Saturday.
This is in the backdrop of the arrest of R Vasudevan, the seniormost CLB member, on November 24. This has left the board with just two members to hear the pending cases that run into thousands.
The Companies Bill, 2008, which lapsed with the dissolution of the 14th Lok Sabha, was reintroduced by the corporate affairs minister Salman Khurshid in the Lower House amid din. Besides other things, the new Bill will be shorter and will try to harmonise the company law framework with sectoral regulations.
"American jurisdiction will decide independently of what we do here. We cannot be on any help to them (PW) in the US. We cannot go and say (to PW) don't worry we will pay for you," Corporate Affairs Minister Salman Khurshid said.
Continuing its association with the Aam Aadmi, the Congress's slogan for the 2009 Lok Sabha poll, which was unveiled on Friday, banks heavily on the common man. 'Aam admi ke badte kadam, har kadam par Bharat bulund', is the Congress' theme to woo the common man. Interestingly, the new slogan for the Parliamentary election has been penned by Union Information and Broadcasting Minister Anand Sharma and senior Congress leader Salman Khurshid.
The Bharatiya Janata Party's decision to appoint Hindutva hardliner Yogi Adityanath as Uttar Pradesh chief minister has drawn an avalanche of reactions from opposition parties.
Salman Khurshid, who holds the portfolios of minority affairs and corporate affairs, tells Sreelatha Menon that he wants greater public participation in development programmes.
Union Minority Affairs Minister Salman Khurshid said on Wednesday that Indian Muslims have failed to show their existence not only in the country but also outside it, underlining it as the reason why US President Barack Obama made no mention of them while expressing his desire to speak to Muslims of the world.
Rashtrapati Bhavan has ordered a probe in the Hashmat Ullah Khan controversy who had been conferred the Padma Shri award from the state of Jammu and Kashmir. Investigations have shown that there is no person named Hashmat Ullah Khan.
What goes behind the scenes for an American President's visit?
The fraud was disclosed by Satyam founder Ramalinga Raju himself in January.
"Can a university itself be termed as a minority institution," the SC asked during the hearing of a plea seeking a direction to quash the appointment of AMU vice-chancellor Lt Gen (Retd) Zameeruddin Shah.
Aam Aadmi Party leader Shazia Ilmi sought to quell speculation that she would be pitted against Congress President Sonia Gandhi in the Lok Sabha polls, saying she "never agreed" to contest from Rae Bareli.
A five-judge bench headed by Chief Justice J S Khehar said it would look into the aspect whether triple talaq is part of an "enforceable" fundamental right to practice religion by Muslims.
A source in an intelligence agency dealing with Pakistan told rediff.com that former Pakistan foreign minister Khurshid Kasuri was not entirely correct when he said that India and Pakistan were close to an agreement on the Jammu and Kashmir's dispute.
'A close look at the time-lines tells you that exactly as the back-channel negotiations were in their most crucial stage, "somebody" was planning the 26/11 attacks in Mumbai,' says Shekhar Gupta questioning Khurshid Mahmud Kasuri's account of a peace deal with India.
Pakistan allowed the US to conduct limited operations in its territory against Al Qaeda and Taliban militants during the reign of former president Pervez Musharraf, ex-foreign minister Khurshid Mehmood Kasuri has said. "Pakistan had allowed the US to conduct limited operations," Kasuri, a close confidant of Musharraf, told Geo News channel in an interview.
Hitting back at Gujarat strongman Narendra Modi, Congress on Friday accused him of "crossing all limits in over-ambition" by his no-holds bar attack on Prime Minister Manmohan Singh and asked him to first gain acceptability within BJP.
In his first visit to any South Asian country after taking over the throne in 1990, Japan's Emperor Akihito and his wife Empress Michiko arrived in Delhi on Saturday.
Pakistan and India are close to concluding an agreement on the Sir Creek maritime boundary dispute, which has been hanging fire for decades, with all issues having been resolved, former Pakistan Foreign Minister Khurshid Mehmood Kasuri has said. The joint map and joint survey has been done and there are no more issues to be resolved between the countries, he said.
"Now that the atmospherics have improved, the two countries need to move to dispute resolution, especially the core issue of Jammu and Kashmir," Kasuri said.
Italy on Thursday said the trial against its two marines, who allegedly killed Indian fishermen off Kerala coast last year, will be fast and fair and India will honour its commitment given to Rome.
Finance Minister Piyush Goyal: 'I hope the Congress governments and other states like West Bengal, Odisha, Tamil Nadu, Andhra, Telangana will support our effort to bring petrol and diesel into the GST regime.'
The special cell of Delhi Police arrested Mohammad Salman Khurshid, Abdul Rehman and Mohammad Akbar Hussain from the Red Fort area on Tuesday, Joint Commissioner of Police (Special Cell) Karnal Singh told PTI.
'Sakshi Maharaj hasn't kept a single promise... and we're fed up.' 'Annu Tandon is the only one whom we can turn to in distress.'
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