Broadcasting group NDTV said that the show-cause notice from the government on alleged foreign exchange violations conducted by the company are legally untenable and liable to be challenged. “Company has been advised that none of the violations alleged in the show cause notice are legally tenable and the Company is in the process of challenging […]
NDTV said it, along with some of its officebearers, have got a notice from the Enforcement Directorate asking why it should not be subjected to penalties for violating foreign exchange rules. “The Company along with Prannoy Roy, Executive Co-Chairperson, Radhika Roy, Executive Co-chairperson, K.V.L. Narayan Rao, Executive Vice Chairperson and NDTV Studios Ltd have on […]
Several activists of ‘Kiss of Love’ movement in Kerala, including its head Rahul Pasupalan, have been arrested by police in Kerala. According to reports, Pasupalan and his wife have been arrested under various sections of the IT Act. According to journalist Dhanya Rajendran, the arrest of Rahul Pasupalan is not linked to online pedophilia, as […]
The compliance window in the black money law has created more confusion and fear in the minds of the industry leaders, professionals, trading entrepreneurs, than giving any comfort of stress-free regime that treats the tax-payers with respect, the ASSOCHAM said. India’s black money law has tough provisions for those found to be holding assets and […]
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 […]
HCL Infosystems, the India-focused arm of the HCL group, said it has been named in a charge sheet related to alleged irregularities in the award of a contract to supply computer hardware and related services under the National Rural Health Mission in 2009. The chargesheet has been filed in a special court in Ghaziabad, the […]
India lost an estimated $225 million (Rs 1,350 crore) due to phishing attacks last year, RSA, the security division of EMC today announced in its 2013 Fraud Report. India emerged as the top Nation in APAC region in terms of phishing attack by volume closely followed by Australia and China. Globally, loss due to phishing attack rose […]
The following is the full text of the statement from Sahara Group on the arrest of its chairman and founder Subrata Roy. “We are meeting at a time when our organization has been very wrongly interpreted and presented in public against the backdrop of the ongoing Sahara – Sebi case. As the matter is Sub-judice, […]
