NSE files defamation suit for reports on algo-trading

NSE has today filed a defamation suit against an organization for publishing what it called unsubstantiated and misleading reports against the exchange. The suit also names the officials of the organization that published such reports, the exchange said. “The exchange has sought withdrawal of those reports etc, as well as, has made a claim of […]

IPS officer remains seated in front of minister, Rishiraj Singh becomes social media sensation

A photo of IPS officer Rishiraj Singh sitting while all his colleagues stand up and salute Kerala Home Minister Ramesh Chennithala has gone viral on social media with many Malayalis supporting the defiant act of the IPS officer from Rajasthan. The Kerala government, led by the Congress Party, has been grappling with the question of […]

DoT rule may keep spectrum swapping out of reach of certain operators

The Department of Telecom is unlikely to allow all telecom operators to conduct spectrum swapping, and permit only those players who hold only auctioned spectrum to do so. This move is likely to severely restrict the benefits and applicability of spectrum swapping as ‘subsidized spectrum’ allocated in earlier years is lying co-mingled with newer auctioned […]

Full Text: Supreme Court Judgement scrapping Section 66A of Indian IT Act

This batch of writ petitions filed under Article 32 of the Constitution of India raises very important and far-reaching questions relatable primarily to the fundamental right of free speech and expression guaranteed by Article 19(1)(a) of the Constitution of India. The immediate cause for concern in these petitions is Section 66A of the Information Technology […]

What’s the fuss about, asks industry group

Industry association ASSOCHAM, which has members from most of the big industrial groups in India, today said the opaque nature of decision making in India should be done away with to prevent incidents like the latest ‘corporate espionage’ involving top industrial houses in India. In a statement, the association said: “One fails to understand what […]

25% of lovers worried about marriage threat on Valentine’s Day

25% of Valentine Day couples in a survey conducted in India by Tripadvisor expressed concern over Hindu right wing organisations’ threat that anyone found sharing love tomorrow will be forcibly married. “While 44% respondents are not concerned with regards to threats from certain organisations to take action against public couples, 25% are concerned about the […]

POLL: FITE to hold protest at Jantar Mantar in Delhi against terminations

FITE said it would hold a protest in Delhi today at 1 pm against what it called unjust termination of staff by TCS. TCS had, in its earnings press conference yesterday, asserted that the company had a policy of ‘involuntary attrition’ of those who failed to keep up with performance requirements. It also said only […]

Bharti Airtel is not the Telegraph Authority of India – Consumer Forum

A district forum in Karnataka faulted Bharti Airtel Ltd for failing to convert a corporate mobile connection into a personal connection despite the ex-employee producing a no-objection certificate from his ex-employer. The Tumkur forum also dismissed Bharti Airtel’s contention that it represented the ‘Telegraph Authority of India’ and it cannot be subjected to the proceedings […]

Govt writes to district forums not to reject telecom complaints

The government of India, through Ministry of Consumer Affairs, has written to all consumer disputes redressal bodies asking them not to reject consumer complaints against telecom operators as many of them have been doing for years. Consumer forums, including state-level bodies, have regularly dismissed complaints against companies like Bharti Airtel, Vodafone, Idea, Reliance Communications and […]

MNP fumble: Vodafone, Airtel told to compensate Kolkata resident

Vodafone and Bharti Airtel have been told to compensate a customer after Vodafone disconnected a customer who ported from Airtel saying that the customer did not pay Airtel’s bills. The North 24 Parganas district consumer forum found that Bharti Airtel guilty of issuing ‘vague bills’ to a customer who had already ported out of the […]

Karbonn Mobile to compensate after it runs out of stock for warranty replacement

Karbonn Mobile has been told to pay Rs 5,000 as compensation and litigation expenses after the company said it no longer had a new handset to give to a customer whose handset stopped working properly during warranty time. The company was also told by the District Consumer Forum in Ferozepur to return the original cost […]

Coal block de-allocation could hit some power projects, metal cos – Crisil

The deallocation of coal blocks by the Supreme Court will hit metal players harder than most power players, Crisil Research said in a report. Power costs in West Bengal and Punjab could rise, it added. It said power generation companies will be able to pass through increased costs, but not metal companies. Coal is used […]