Kirloskar Brothers Ltd (KBL), led by Sanjay Kirloskar, on Tuesday accused four firms under his brothers Atul and Rahul of trying to "usurp" its legacy of 130 years and trying to mislead the public, which has been refuted by the other side. As the family feud simmers, KBL in a letter to capital markets regulator Sebi claimed that recent press releases by Kirloskar Oil Engines Ltd (KOEL), Kirloskar Industries Ltd (KIL), Kirloskar Pneumatic Company Ltd (KPCL) and Kirloskar Ferrous Industries Ltd (KFIL) "have sought to usurp the legacy" of KBL. Also, they attempted to pass off the legacy and track record of KBL as that of their own, the letter said.
In a business friendly move, the Reserve Bank of India on Friday said that Real Time Gross Settlement System (RTGS), used for large value transactions, will be made available round-the-clock from December. In December 2019, the National Electronic Funds Transfer (NEFT) system was made available on a 24x7x365 basis. Currently, RTGS is available for customers from 7.00 am to 6.00 pm on all working days of a week, except second and fourth Saturdays of every month.
Danni Wyatt scored her second one-day international century as champions England crushed South Africa by 137 runs in Christchurch on Thursday to set up a mouthwatering Women's World Cup final against heavyweights Australia.
'In the business of money, where you are regulated, the liability lies on the head of the acquirer.' 'It is not a good thing when you cannot spot the risks.'
11 people died on Friday and some more were taken ill after allegedly consuming spurious liquor sold by a licensed vendor in Aligarh, a senior official said.
Yuri Alemao, Altone D'costa and advocate Carlos Alvares Ferreira, the three Congress MLAs who didn't join the eight of their former party men in jumping ship speak up about their decisions and their motivations to stay with the 137-year-old Congress.
The recent spate of technical glitches in aircraft has prompted the Directorate General of Civil Aviation (DGCA) to issue an order on July 18, making aircraft maintenance engineers (AMEs) with category B1/B2 licences the final authorities in certifying planes. This has put the spotlight on the availability of such personnel. According to the order, airlines were resorting to frequent one-off authorisation by the Category A certifying staff at transit stations, which is not in line with existing regulatory provisions.
Uber and WhatsApp on Thursday announced a partnership that will allow people in the country to book a ride via WhatsApp - a global-first initiative by the ride-hailing platform. With this integration, riders will no longer need to download or use the Uber app. Everything - from user registration, booking a ride and getting a trip receipt - will be managed within the WhatsApp chat interface, a statement said. The integration is a global-first for Uber, and it will make booking a ride as easy as sending a WhatsApp message, it added.
Testosterone not rationale is the driving force behind KGF franchise, observes Sukanya Verma.
It may be a 'no-go' for banking licences to large industrial houses.
Four weapons, including a rifle belonging to Ashish Mishra alias Monu Mishra, had been seized following the Lakhimpur violence. A pistol owned by Ankit Das, nephew of former Union minister Akhilesh Das, and a repeater gun, which was with Das' bodyguard Lateef Kale, were also among them.
The protesters have been demanding their relocation to safe environments in the wake of a spurt in the attacks on the minority community members in the valley.
Today beef, tomorrow namaz, the third day Sunday mass the fourth day hijab, the fifth day halal, the sixth day love jihad will always be the issues on hand, asserts Aakar Patel.
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