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Posted Date : 25-Apr-2013 , 03:37:58 pm | Posted By CASANSAAR
Amidst growing protests outside a Kolkata court against an alleged chit fund scam, the Corporate Affairs Ministry on Thursday decided to conduct a probe into Saradha group companies. The Chairman of the Saradha Group Sudipta Sen, was produced before a Kolkata court in the wake of...
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Posted Date : 25-Apr-2013 , 08:35:46 am | Posted By CASANSAAR
The West Bengal government has cracked down on the Saradha group in the chit fund scam. The Mamata Banerjee government has frozen about 35 bank accounts belonging to the Saradha group, while 36 cars belonging to Saradha Chairman Sudipta Sen and his company have been seized. Four office buil...
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Posted Date : 23-Apr-2013 , 06:38:38 pm | Posted By CASANSAAR
Chris Gayle has set a new record for the fastest century in the history of professional cricket with an astonishing ton off just 30 balls for the Royal Challengers Bangalore in the Indian Premier League, then went on to make the highest score ever seen in Twenty20, ending unbeaten with 175 off ...
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Posted Date : 23-Apr-2013 , 08:38:36 am | Posted By CASANSAAR
This story of a 22 year old who fabricated his skills and talents for the goodwill of Indian government is truly an inspiring one. So, what is the ‘so’ inspiring part? Well, it’s quite not that common where you get to see a young lad (that too a 22 year old) become the ‘India...
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Posted Date : 21-Apr-2013 , 08:35:21 pm | Posted By CASANSAAR
World-renowned mathematical wizard and astrologer, aptly known as the Human Computer born in Namma Bengaluru, Shakuntala Devi passed away in a private hospital in the city on Sunday. She was admitted to the hospital two weeks ago due to respiratory and heart related problems. She died of ca...
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Posted Date : 19-Apr-2013 , 06:32:28 pm | Posted By CASANSAAR
Decks have been cleared for clubbing of allowances with basic pay for PF deductions under the EPFO scheme, a move that will increase savings but reduce take-home pay of over 5 crore subscribers. A review committee, constituted to look into the nitty- gritty of club...
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Posted Date : 19-Apr-2013 , 04:15:15 pm | Posted By CASANSAAR
IT and software major Microsoft has emerged as India's most attractive employer for the third straight year in 2013, according to a survey by HR service firm Randstad. The company was followed by Hewlett Packard and Google India in the second and third positions, respectively. Othe...
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Posted Date : 18-Apr-2013 , 10:13:13 pm | Posted By CASANSAAR
Union Cabinet today approved the proposal to increase dearness allowance (DA) to 80 per cent, from existing 72 per cent, benefiting about 50 lakh employees and 30 lakh pensioners of the central government. The hike would be effective from January 1, 2013 and the employees and pensioners wi...
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Posted Date : 18-Apr-2013 , 06:09:51 pm | Posted By CASANSAAR
Over 50 million subscribers of the retirement fund body EPFO will be able to apply online for transfer and withdrawal of their provident fund from July 1, a move aimed at speedy settlement of claims. “We have decided to set up a central clearance house which will be operational on Jul...
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Posted Date : 17-Apr-2013 , 10:01:18 pm | Posted By CASANSAAR
The Centre today said it is drafting a policy on the direct-selling industry to address the concerns of consumers and strengthen the credibility of the sector that is providing huge employment opportunity. The industry sells various consumer products directly to customers rather than via retail...
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Posted Date : 16-Apr-2013 , 07:02:37 pm | Posted By CASANSAAR
In a princely offering, an NRI devotee from US today donated Rs 16 crore to the famous hill shrine of Lord Venkateswara at nearby Tirumala. M Ramalinga Raju, an entrepreneur based in the United States, handed over the offering in the form of a demand draf...
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Posted Date : 16-Apr-2013 , 04:43:58 pm | Posted By CASANSAAR
Tremors were reported in Delhi, Gurgaon and other parts of northern India this afternoon after an earthquake of 7.8 magnitude struck the Iran-Pakistan border region.Mild tremors were reported in Chandigarh, where people said furniture shook for about half a minute. Tremors were also r...
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Posted Date : 15-Apr-2013 , 08:18:27 pm | Posted By CASANSAAR
Gold prices Monday tumbled by Rs 750 to Rs 27,600 per 10 grams to hit an over 15-month low in the national capital due to persistent selling by stockists triggered by a heavy sell-off in global markets. The precious metal, which had suffered the most ever in the previous session by losing Rs 1,250,...
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Posted Date : 15-Apr-2013 , 06:47:43 pm | Posted By CASANSAAR
State-owned oil marketing companies today cut the price of petrol by Rs. 1 per litre, without taxes, effective midnight tonight, while the price of diesel was left unchanged, Indian Oil said in a release. Oil firms review the price of petrol every two weeks. While petrol is deregulated an...
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Posted Date : 12-Apr-2013 , 07:58:31 pm | Posted By CASANSAAR
In a step towards greater transparency, the government has started a unique facility of submitting RTI applications and fees online. The portal -- www.rtionline.gov.in -- has been created with an aim to help people exercise their right to seek information through online medium, sa...
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Posted Date : 11-Apr-2013 , 09:06:18 am | Posted By CASANSAAR
A former Deputy Inspector General of Police was on Wednesday sentenced to five years' imprisonment by the special Anti-Corruption Bureau (ACB) court here for taking bribe from a junior officer for protecting him in a departmental inquiry. "The special court has convicted A K Jain, the then DI...
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Posted Date : 08-Apr-2013 , 05:29:31 pm | Posted By CASANSAAR
Amid a fierce regulatory battle with capital markets watchdog Sebi, diversified conglomerate Sahara group has seen three independent members exiting from the boards of its various companies. Those having relinquished their association with Sahara group include RBI's former Deputy Governor Amitabha ...
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Posted Date : 06-Apr-2013 , 12:33:16 pm | Posted By CASANSAAR
S. Gopalakrishnan (Kris), co-founder and executive co-chairman, Infosys Technologies Limited, has been elected as the President of CII for the year 2013-14. He succeeds Mr Adi Godrej as the new President. S. Gopalakrishnan along with Mr N.R. Narayana Murthy&nb...
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Posted Date : 05-Apr-2013 , 09:20:05 pm | Posted By CASANSAAR
The Competition Commission of India (CCI) has amended the Combination Regulations with a view to further simplify the filing requirements and bring about greater certainty in the application of the Act and the Regulations. The provisions of the Competition Act, 2002 (“Act”) relating...
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Posted Date : 03-Apr-2013 , 08:10:13 am | Posted By CASANSAAR
The controversial new Gujarat Lokayukta Bill, which curtails the primacy of the Governor and Chief Justice of the High Court in appointment of the anti-corruption ombudsman, was on Tuesday passed by the Assembly amid protests from the opposition Congress. Congress dubbed the Gujarat Lok...
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Posted Date : 01-Apr-2013 , 10:08:21 pm | Posted By CASANSAAR
Fuel prices have come down. Petrol price was on Monday cut by 85 paise per litre with effect from midnight tonight. The price cut, which was made possible because of fall in international oil prices, is excluding local sales tax or VAT. Now, petrol will cost Rs. 67. 29 per litre in Delhi, 74. 14 p...
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Posted Date : 28-Mar-2013 , 08:20:35 pm | Posted By CASANSAAR
All Offices under the Central Board of Excise and Customs (CBEC) shall be open on 29th, 30th & 31st March, 2013 observing their normal office hours, as a part of trade facilitation measure. Reserve Bank of India (RBI) has also decided that all designated branches of agency banks and RBI off...
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Posted Date : 28-Mar-2013 , 01:09:00 pm | Posted By CASANSAAR
A huge cyber-attack dubbed as “the biggest” of its kind in history slowed the Internet around the world. Internet spam filter Spamhaus, a site that ‘black-lists’ service providers suspected of offering refuge for spammers, is the target of the unique attack. Spamh...
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Posted Date : 22-Mar-2013 , 08:44:35 pm | Posted By CASANSAAR
Diesel price was on Friday hiked by 45 paisa per litre, the third increase in the rate of nation's most consumed fuel since January. Diesel price will be hiked by 45 paisa, excluding VAT, from midnight tonight, Indian Oil Corp (IOC), the nation's largest oil firm, announced. In D...
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Posted Date : 21-Mar-2013 , 12:10:14 pm | Posted By CASANSAAR
The Supreme Court awarded five years jail sentence to the actor Sanjay Dutt in the 1993 Mumbai blasts case. Dutt had been given six years jail term by the TADA court. The SC reduced his sentence to five years. As Dutt has already spent 18 months in jail, he will have to spend three year...
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Posted Date : 20-Mar-2013 , 08:52:54 am | Posted By CASANSAAR
Even as the Securities and Exchange Board of India (Sebi) is considering how to return funds to Sahara investors, Q Shop retail, Sahara Group’s latest venture, is raising funds from its franchises by charging a stiff non-refundable fee of up to Rs 3 lakh, depending on the classification of a t...
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Posted Date : 17-Mar-2013 , 07:20:20 pm | Posted By CASANSAAR
The Bombay High Court has asked the Registrar of Trade Marks to consider afresh an application by Institute of Cost Accountants of India (ICAI) urging registration of the trade mark " CMA". A bench comprising justices Mridula Bhatkar and S F Vajifdar said ...
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Posted Date : 17-Mar-2013 , 09:11:53 am | Posted By CASANSAAR
Buying motor vehicles, including car and bikes from other states, including UT Chandigarh will cost more for Punjab-based buyers, as the state government has levied entry tax on vehicles bought from other states and Union Territories (UT). The decision is aimed at preventing loss of tax r...
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Posted Date : 15-Mar-2013 , 06:34:55 pm | Posted By CASANSAAR
Market regulator, the Securities and Exchange Board of India, has moved the Supreme Court for the arrest of Sahara group founder Subrata Roy. Its petition filed in the top court today also seeks that Mr Roy be prevented from travelling abroad. The Supreme Court will hear Sebi's petition in the firs...
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Posted Date : 13-Mar-2013 , 06:41:33 pm | Posted By CASANSAAR
The Lok Sabha today passed the Rail Budget 2013-14 amidst an Opposition boycott. It provides for the withdrawal of 63 thousand and 363 crore rupees from the Consolidated Fund of India to achieve the targets announced in the budget.Replying to the discussion, Railway Minister Pawan Kumar Bansal assur...
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