Infosys BPO removes CFO Abraham Mathews for violating code of conduct
IT major Infosys on Tuesday showed the door to Abraham Mathews, CFO of its BPO subsidiary, for not complying with the code of conduct, while CEO Gautam Thakkar has resigned taking responsibility on moral grounds. The company also appointed Amit Uppadhayay as the CEO and Managing Director of the... read more »
Shell Wins Tax Dispute In Indian Court
The Bombay High Court on Tuesday ruled in favour of the Indian unit of Royal Dutch Shell Plc in a multi-million dollar tax dispute, the latest verdict against the tax department that has been vigorously pursuing claims against foreign firms in India. Shell had challenged the largest ever claim in... read more »
With gold prices falling, jewellers increase inventory levels
Trying to tap the falling gold prices, lakhs of jewellers across the country are increasing their inventory levels. Around 225 tonne of gold was imported in India in the last two months ahead of the Diwali festival and the marriage season. Almost a fourth of that has been used to replenish... read more »
Rajnath goes on surprise checks across Delhi, takes action against two MCD ...
NEW DELHI: Surprise checks by home minister Rajnath Singh on Tuesday at public facilities across the Capital, including the New Delhi railway station, North Delhi Municipal Corporation office, Paharganj police station and LNJP Hospital, were followed by swift action against two North Corporation... read more »
PM Modi likely to raise black money issue at G20 meet in Australia
As India attempts to unearth black money stashed abroad, Prime Minister Narendra Modi will push for stepping up global cooperation against the key issue of cross border tax avoidance and... read more »
Bombay HC stays Maharashtra govt’s decision to give 16% reservation to Marathas
MUMBAI: The Bombay high court on Friday stayed Maharashtra government’s decision to give 16 per cent reservation to Marathas in public service and educational institutions. The HC... read more »
How Kunal Ghosh got medicines? CBI to ask jail authorities
KOLKATA: Voicing concern over the alleged suicide attempt made bySaradhaponzi scam accused and suspended Trinamool Congress MPKunalGhosh, the special crime branch of CBI on Friday said it... read more »
Kerry, Abbas to Discuss Easing Israeli-Palestinian Tensions
U.S. Secretary of State John Kerry is due to meet Thursday with Palestinian President Mahmoud Abbas. State Department spokeswoman Jen Psaki said the talks will likely focus on how to lower... read more »
Imran Khan dares Pakistan government to arrest him
Islamabad: Pakistan`s Tehreek-i-Insaf (PTI) party chairman Imran Khan has refused to seek bail after being charged with attacks on the parliament and PTV buildings in Islamabad, media reported... read more »