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News & Scoops

Highest No Of Infy Job Offers This Year In Karnataka: NRN

The controversy over his inauguration of the World Kannada Meet hurt Infosys Technologies mentor N R Narayana Murthy . He said, “I am invited to hundreds of conferences all over the world. I have been treated with the utmost respect in all these places. I go wherever I am shown affection and if I am [...]

Akhilesh Yadav Arrested In Lucknow

n the last day of Samajwadi Party’s state-wide agitation against the Mayawati government , party state president Akhilesh Yadav was today arrested at the Amausi airport as soon as he landed here from New Delhi . “Akhilesh has been arrested here this morning as soon as he landed here. He was immediately sent to jail [...]

Income Tax Returns Mandatory For All Candidates Facing Polls In India

The Election commission (EC) on Wednesday made it mandatory for all the candidates to furnish Income Tax (IT) returns before entering the polls. The Election Commission has brought out a new nomination affidavit. Candidates will now have to fill a six-page affidavit including details of inherited property along with his or her nomination papers. The [...]

Bank Accounts Frozen In Black Money Probe

The enforcement directorate on Tuesday froze three bank accounts of businessman Kashinath Tapuriah and his wife in connection with the probe into the alleged black money trail of Pune-based stud farm owner Hasan Ali Khan. “We found a joint account of Tapuriah and his wife Chandrika in a nationalised bank. The couple have two other [...]

Coal India To Get Bonus Realisations Of Rs 6,500cr In FY12

The increase in coal prices by the world’s largest coal miner has made Coal India one hot stock. Confidence had ebbed earlier because of the government dilly-dallying on environmental clearances. The company’s board had approved a price revision of coal with effect from February 27. NC Jha, Chairman of Coal India, in an interview on CNBC-TV18 [...]

State Budget Cuts Decimate Mental Health Services

State budget writers looking for cash to balance the books have stripped a cumulative $1.8 billion from mental health services over the last 2 1/2 years, putting the public at risk as the mentally ill crowd emergency rooms and prisons, according to the nation’s largest mental health advocacy group. The Washington-based National Alliance on Mental [...]

CBDT Asks Field Offices To Settle Refunds Soon

Don’t give up hope yet on your long pending tax refund. The Central Board of Direct Taxes (CBDT) — the headquarters for the income tax department — has asked field offices to ensure that all tax refunds pending from 2009-10 as well as the current fiscal are settled by the month-end. The CBDT is keen [...]

Diamond’s Fed Nomination Faces Renewed GOP Criticism

For a second year, the Obama administration’s nomination of Massachusetts Institute of Technology economics professor Peter A. Diamond to the Federal Reserve Board risks failure. Republicans and Democrats clashed over Diamond’s qualifications — he won the 2010 Nobel Prize in Economic Sciences — and efforts to enact central bank stimulus programs yesterday during a Senate [...]

Hero To Buy Honda Stake At A Discount

Hero Investments, a company of the Hero group, is acquiring the stake for Rs 739.97 a share, an almost 50 per cent discount to Tuesday’s trading price.Analysts feel Hero may now compensate Honda with a higher royalty. Hero Honda’s share price fell more than 3 per cent immediately after the news was announced today. It [...]

Hasan Ali arrested by Enforcement Directorate, to be produced in court today

Hasan Ali Khan, the man who owes India a whopping Rs. 70,000 crore in taxes, has been arrested by the Enforcement Directorate in Mumbai under the Prevention of Money Laundering Act. He will be produced in a court today. Mr Khan’s arrest late on Monday night came just a day ahead of the Supreme Court’s deadline given [...]