After Tata Sons, TCS moves SC against NCLAT’s Cyrus Mistry order

A day after Tata Sons filed a plea in the Supreme Court against a decision by a statutory body restoring Cyrus Mistry as its chairman, subsidiary Tata Consultancy Services also filed an appeal seeking a stay on the reinstatement of Mistry as a director on the information technology company’s board. Tata Sons is the main […]

Set up a special board to resolve Cauvery water dispute – CWC Chairman

Setting up a Cauvery Water Management Board is the most ideal solution to settle the on-going Cauvery water conflict as per the directions of the Supreme Court, chairman of the Central Water Commission (CWC), Mr G.S. Jha said at an ASSOCHAM event held in New Delhi today. “The Cauvery Water Management Board is to be […]

MRPL denies allegations of tax evasion

Mangalore Refinery and Petrochemicals Limited, an oil refinery and subsidiary of ONGC, denied allegations that it has not been paying due excise duty. Media reports carried allegations that the company was not paying due excise duty on its production of Mixed Xylene, a raw material used in a variety of manufacturing industries, quoting tax officials. […]

Petition urges Xiaomi to launch Redmi Note 3 in India; current price Rs 15k

Desperate fans have resorted to an online petition at Change.org to get Xiaomi to launch its latest mid-range device, the Redmi Note 3, in India even as the brand prepares to launch the new Note 4G Prime here. “It is sad that the Redmi Note 3 is not in India,” said the petition started by […]

ICICI Bank told to pay Rs 50,000 for wrongly dishonoring cheque

ICICI Bank Ltd has been asked to pay Rs 50,000 to a person whose cheque was wrongly rejected by the Bank despite his account having sufficient balance. The National Consumer Disputes Redressal Commission asked the bank to pay Rs 40,000 as compensation and Rs 10,000 as costs to Rajendra Kumar Agarwal, a resident of Kolkata. […]