The Supreme Court has passed a far-reaching judgment today allowing terminally ill patients the right to refuse treatment and die, subject to certain safeguards and conditions. The Supreme Court has also approved the right to refuse medical treatment and the concept of a ‘living will’. A living will is essentially a document that lets people […]
Fortis Healthcare, which is under the scanner of the Serious Fraud Investigation Office, said one of its independent directors, Joji Gill, stepped down due to ‘personal reasons’. “Ms Joji Sekhon Gill has tendered her resignation from the directorship of the company with effect from March 7 due to personal reasons, primarily attributed to her occupation […]
Southern railway zones, especially Southern Railway, are far behind their northern and western counterparts in fining those who litter the station premises, data from the Indian Railways showed. According to the data for the first ten months of the current year, Southern Railway division — which covers Kerala and Tamil Nadu — was able to […]
Jet Airways said it will challenge the order of the Competition Commission of India to impose a fine of Rs 39.81 cr for allegedly colluding with its rivals to fix air fares. In a statement on Wednesday, the Competition Commission said Jet Airways, SpiceJet and IndiGo engaged in “concerted action in fixing and revising Fuel […]
Pharma company Jubilant Life Sciences said the government of Maharashtra has stayed the order passed by state excise commissioner stopping the production of alcohol at one of its plants in the state. On March 3, the commissioner had canceled the company’s licenses for running a distillery at its factory located at Nira, Maharashtra. He had […]
The governments of Kerala and Tamil Nadu have classified 263 fishermen missing since cyclone Okhi as dead, taking the total death toll so far to 365 from the cyclone. A total of 102 people from Kerala and 191 people from Tamil Nadu had been registered as missing in the aftermath of the cyclone. Out of […]
The government of India has canceled Rs 3,300 cr order for 8,356 Spike anti-tank missiles that was to be produced in India by Bharat Dynamics Ltd, a government of India enterprise, in association with an Israeli company. The anti-tank missiles were supposed to be have been produced with transfer of technology from Israel-based Spike. Preliminary […]
The government of India today said was engaged in “discussions” to come up with a policy on domestic workers to them from exploitation and abuse. India currently has various laws to protect workers, but these tend to cover only those employed in the organized sectors such as those in industries, agriculture, shops and offices. The […]
BJP President Amit Shah is not a very expressive person, but the relief and happiness on his face during the party’s regular press conference today was hard to miss. Among the questions asked of Shah was whether today marks the ‘golden period’ of the BJP in India. Though the question sounded like a compliment, it […]
The Bharatiya Janata Party and its partner Indigenous Peoples Front of Tripura are all set to end nearly a quarter of a century of CPIM rule in Tripura. After remaining neck and neck with the Left front in leads, the BJP-IPFT front has seen a sudden, and potentially decisive surge in the number of leads […]
CONG+ BJP/NDPP NPF/NPP/LEFT NAGALAND 1 29 26 MEGHALAYA 21 7 17 TRIPURA 0 40 10 The initial trends from the elections in the North Eastern states of Tripura, Nagaland and Meghalaya. Counting began at 8 AM, and first results have started to come in (see table above). Both Tripura and Meghalaya assemblies have 59 elected […]
The Congress Party’s star campaigner for the upcoming elections in Nagaland, Gaurav Gogoi has once again appealed to the voters to listen to the advice of the Church when they go to polling station tomorrow. Asked what was the Congress Party’s stategy for the upcoming polls, the Lok Sabha member said: “First of all, the […]
The Supreme Court has directed the government of India to set up a committee to suggest reforms in rules and regulations governing accounting and auditing services companies in India. The three-member committee has been asked to suggest a revamped regulatory mechanism for big auditing firms within two months. The order came in a public interest […]
Hospital chain Fortis Healthcare said it received a notice from the Punjab and Chandigarh office of Registrar of Companies asking for information. The company did not clarify what the information was related to, but it is likely that it is related to the corporate affairs ministry’s inquiry into allegations that the promoters siphoned off money […]
Private sector lender IndusInd Bank clarified that it does not have any heavy exposure to the ongoing saga of fraud and crime involving unauthorized letters of comfort issued by an employee of Punjab National Bank. “IndusInd Bank has no direct credit exposures to Nirav Modi nor any indirect credit exposures basis the LoUs issued by […]
Two key personnel of Gitanjali Ltd — its chief compliance officer and its chief financial officer — resigned last week, regulatory filings on Tuesday showed. While Pankhuri Warange, the chief compliance officer and the company secretary, resigned over concerns about “absence of disclosures” from the company, Chief Financial Officer Chandrakant Karkare resigned due to a […]
Allahabad Bank said it is exposed to the tune of $366.87 million to the current incident involving diamond merchant Nirav Modi and the unauthorized Letters of Undertakings he allegedly secured from Punjab National Bank. However, said Allahabad Bank, it is not worried about getting its money back as the loans are guaranteed by PNB. “The […]
Despite a good monsoon, levels of water in the country’s big river water reservoirs are substantially below where they were last year, and are also well below the average levels seen in the last ten years. The only exception was South India, which had seen extreme water stress last year. On average, the quantity of […]
Upcoming politician Kamal Hasan expressed ‘shock’ that the Supreme Court has reduced the quota of water allocated to Tamil Nadu from the river Cauvery, but said the matter should not be exploited for votes. “Like the farmers in Tamil Nadu, I am also shocked at the reduction of water,” said Hasan, who is currently building […]
Punjab National Bank, India’s second largest public sector bank, has issued a statement on exactly what happened in the Nirav Modi case that resulted in nearly $1.77 bln of unauthorized liabilities being taken on by the bank. In the statement, PNB detailed exactly how the bank was taken for a ride by some of its […]
