NSE seeks data on Nirav Modi case from PNB

National Stock Exchange of India, India’s largest securities trading platform, has sought details from Punjab National Bank on media reports regarding raids by enforcement agencies on the bank’s premises in the Nirav Modi case. “The exchange has advised the company to provide clarification or confirmation on the news item (on the raids) in detail,” the […]

Thomas Cook hosts 5,000 students for 10 days for Khelo India School Games

Thomas Cook, India’s largest travel services company, said it was chosen as the hospitality partner for government of India’s national school games that was held as part of the ‘Khelo India’ (Play India) program last week. Without disclosing the financial details of the contract, Thomas Cook said it provided accommodation and meals for 5,000 students […]

Income Tax dept identifies millions of non-tax payers using software

The income tax department has been able to identify millions of non-tax-filers and collect Rs 26,425 cr of self-declared tax by using software to analyze third party financial and transaction data over the last six years, the finance ministry said. The income tax department has been analyzing financial and transactional data since the year 2013 […]

No ban on daytime condom ads: Smriti Irani

Information and Broadcasting minister Smriti Irani today clarified that there was no ‘ban’ on the transmission of condom ads during daytime, and that restrictions have been imposed only on ads that “objectified women”. Irani said she had already clarified the matter in response to a query by the health ministry on whether the ministry’s ads […]

UP under Yogi most aggressive in Madrasa upgradation ambitions

Uttar Pradesh has emerged as the most aggressive state in terms of targeting traditional schools known as madrasas for upgradation. In the last two years, the state has sought to upgradeĀ 10,854 madrasas under the Center’s ‘Quality Education in Madarsas’ scheme. This is more than 70% of the total proposals submitted by all states under the […]

JEE applicants falls by 12% in 3 years; IIT seats go vacant

The number of people appearing for the Joint Entrance Exam for admission to centrally funded engineering colleges continues to fall, with the latest numbers showing a year-on-year decline of 3.3%. JEE 2018 saw only 11.35 lakh students appear for the exam, compared to the 11.86 lakh that appeared for JEE 2017. The Joint Entrance Exam […]

Majesco sued for $10 mln by US customer for breach of agreement

Majesco, the India-based provider of IT solutions to the insurance industry, said its subsidiary has been sued by a customer in the US for $10 mln (Rs 64 cr). In a filing on Sunday, Jan 28, the company said that on Jan 24, its subsidiary Majesco Software and Solutions Inc received a summons with notice […]

PADMAAVAT PROTESTS: Haryana DGP warns of ‘strict action’ against miscreants, 31 arrested

Haryana Police denied rumors of widespread violence in the state associated with the exhibition of the film Padmaavat and reassured cinema-goers of ‘full protection’. The assurances come a day after malls and vehicles in Gurgaon, the commercial capital of Haryana, came under attack, allegedly from activists of Shri Rajput Karni Sena. “I want to assure […]

Supreme Court dismisses states’ pleas to block Padmaavat

The Supreme Court has dismissed the review petitions asking the Supreme Court to reconsider its earlier ruling lifting the ban on the film Padmaavat. “Governments and the people must understand that there is a Censor Board certificate and then a Court order,” said a three-judge bench today. “Better abide by it.” It also criticized state […]