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The Centre has prescribed a provision in pay rules for three all India Services namely Indian Administrative Service (IAS), Indian Police Service (IPS) and Indian Forest Service (IFS) to provide a time line in rules for filing current and pending Immovable Property Returns (IPR) in order to get empanelment or appointment to next level. Serving […]
Cochin Shipyard has delivered the first of a series of battery powered boats to Kochi Metro Rail Ltd here on Friday. This is part of an order for 23 boats the shipyard will build under the Kochi Water Metro project. Five boats are under construction and will be handed over to KMRL in a couple
Cochin Shipyard starts delivery of electric boats for Kochi Metro Rail Read More »
Anil Agiwal, an alumnus of IIT Kharagpur, belonging to the Computer Science and Engineering Department has received his 200th US patent grant in November. With this, Agiwal has entered the global list of prolific inventors that includes individuals who have been granted 200 or more patents in the USA. Agiwal is now on an all-time
IIT Kharagpur alumnus receives 200th US patent grant Read More »
The Union Home Ministry on Friday extended the validity of the FCRA registration of NGOs by three months till March 31. However, organisations such as the Missionaries of Charity will not be eligible for the extension benefits as their applications for a renewal of the Foreign Contribution (Regulation) Act registration have already been rejected, according
Home Ministry extends validity of FCRA registration of NGOs till March 31 Read More »
The insolvency resolution process, which seeks to address stressed assets in a quick and time-bound manner, appeared to lose its steam in 2021 with delays and eyebrows were raised over actual realisations as creditors took steep “hair cuts” in some cases. The National Company Law Tribunal, the designated authority under the insolvency law, and the
CARS24, an e-commerce platform for pre-owned vehicles, has joined hands with Bajaj Finance to provide used car financing in a seamless way and facilitate a quick, frictionless and streamlined shopping experience for consumers. This move comes on the heels of Cars 24 raising $400 million in a series G funding round announced in December 2021.
Cars24 and Bajaj Finance join hands to provide seamless financing for used car buyers Read More »
The Reserve Bank of India (RBI) has clarified that Overseas Citizens of India (OCIs) do not require approval for purchase or transfer of immovable property in India other than in the case of agricultural land, farm house or plantation property. In a statement, the RBI said it had received several queries based on reports on
‘OCIs buying property don’t need RBI nod’ Read More »
Tupperware, Amway and Oriflame are among the key players in the direct selling industry. To protect consumers, the Centre on Tuesday banned direct selling companies like Tupperware, Amway and Oriflame from promoting pyramid or money circulation schemes, as it notified new rules for the industry to be complied with within 90 days. Now, such companies will
New rules for direct selling industry: Govt prohibits pyramid schemes Read More »
Speaking at the Reliance Family Day, Mukesh Ambani said Reliance is now in the process of effecting a momentous leadership transition… Richest Indian Mukesh Ambani on Tuesday mentioned about leadership transition at his energy-to-retail conglomerate, saying he wants the process to be accelerated with seniors, including him, yielding to the younger generation. Mr. Ambani, 64,
Mukesh Ambani talks of leadership transition Read More »
The latest report noted that the proliferation of private cryptocurrencies across the globe has sensitised regulators and governments to the associated risks. Private cryptocurrencies pose immediate risks to customer protection and are prone to frauds and extreme price volatility, given their highly speculative nature, the Reserve Bank of India (RBI) said in its financial stability
Innovative business tactics and thoughtful collaborations, all powered by various technologies, saw a groundswell of social enterprise startups pivoting to work with smaller towns and villages in 2021 Krishna Reddy G lost his diabetic father to COVID-19 during the first wave. Travelling from their village to nearby Tadripati in the Anantapur district of Andhra Pradesh
How India’s startups are taking on the pandemic to help rural communities Read More »
LUDHIANA: The MC house has rejected the resolution of taking over 18 colonies and schemes from Greater Ludhiana Development Authority (GLADA) for maintenance and development purpose in the MC general house meeting on Tuesday. The proposal was dropped when some of the councillors, who represent these localities, demanded for the same while saying that Glada