'Mere filing of IEM is not a clearance of approval'
Posted Date : 21-Jan-2012 , 07:44:14 am | Posted By CASANSAAR
The Government today clarified that the onus for compliance of legal provisions lies on entrepreneurs, even in industries which are exempted from licensing.A press release issued in New Delhi by the Ministry of Commerce and Industry said, mere filing of Industrial Entrepreneurs Memorandum (IEM) even...
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L&T launches long-term infrastructure bonds
Posted Date : 17-Jan-2012 , 08:42:28 am | Posted By CASANSAAR
Infrastructure bonds are gaining popularity because of the recently introduced tax benefit under 80CCF. Under this Section of the Income Tax Act, an investor can seek tax relief on the investment amount up to 20,000 in long-term infrastructure bonds. After a spate of infrastructure bond issu...
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22 crore Aakash tablets required in future: Government
Posted Date : 15-Jan-2012 , 09:17:58 pm | Posted By CASANSAAR
The government has said it will require an additional 22 crore units of the world's cheapest tablet Aakash to move a step further in its endeavour to merge education with information technology. "Initially, we bought one lakh Aakash tablets but we need 22 crore more tablets in the coming years a...
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BANK OF BARODA – RECRUITMENT OF CHARTERED ACCOUNTANTS – PROJECT 2011-12
Posted Date : 14-Jan-2012 , 08:20:22 am | Posted By CASANSAAR
Bank of Baroda is positioning itself to offer a world-class banking experience to its customers around the globe through its innovations in products, services and advanced technology. Towards this end, the Bank is transforming itself into a ‘Technology-enabled Customer-c...
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Govt grants sanction to prosecute 21 social networking sites
Posted Date : 13-Jan-2012 , 09:01:08 pm | Posted By CASANSAAR
The Government today granted sanction to prosecute 21 social networking sites for allegedly promoting enmity between classes and causing prejudice to national integration.The Department of Information Technology, in its report, told a Delhi court that there is sufficient material to proceed against ...
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We can block Facebook, Google like China: Delhi HC
Posted Date : 12-Jan-2012 , 10:24:18 pm | Posted By CASANSAAR
The Delhi high court today warned social networking site Facebook India and search engine Google India that websites can be "blocked" like in China if they fail to devise a mechanism to check and remove objectionable material from their web pages. "Like China, we...
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Satyam sues former Board of Directors, certain employees, Price Waterhouse
Posted Date : 09-Jan-2012 , 07:39:00 pm | Posted By CASANSAAR
Satyam Computer Services on Monday said it has filed a suit in a Hyderabad court against its former Board of Directors, certain employees and the company's audit firm Price Waterhouse seeking damages for perpetrating fraud. "The company filed a suit in the City Civil Court, Hyderabad, against ...
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Get ready for higher professional tax as states plan revision
Posted Date : 09-Jan-2012 , 09:12:10 am | Posted By CASANSAAR
Chartered accountants, lawyers and other professionals may have to shell out more money as state governments are contemplatingraising the incidence of professional tax, reports PTI.
The issue of raising the&nbs...
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Cover all statues of Mayawati, BSP symbol: CEC
Posted Date : 07-Jan-2012 , 07:38:32 pm | Posted By CASANSAAR
The Election Commission today said statues of Chief Minister Mayawati and elephants, BSP's poll symbol, installed at a number of places in Uttar Pradesh would be covered during the state assembly election.
"The Commission has decided that statues of the CM and elephants will be draped," Chief E...
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Pre-paid mobile users can get bill by paying Rs 50: Trai
Posted Date : 06-Jan-2012 , 07:30:11 pm | Posted By CASANSAAR
In an effort to protect the interests of pre-paid mobile services users, telecom regulator Trai today said they can now get an itemised bill from service providers on request and at a price not exceeding Rs 50. "To ensure that pre-paid consumers get their itemised usage of their account, the ser...
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Allahabad HC imposes fine of Rs 27.22 lakh on Shanti Bhushan
Posted Date : 06-Jan-2012 , 04:41:39 pm | Posted By CASANSAAR
In a major setback to former union minister Shanti Bhushan, a revenue court on Friday directed him to pay Rs 1.33 crore stamp duty on purchase of property in the prime Civil Lines locality here.
Shanti Bhushan along with his three children were issued a notice earlier this year by the offic...
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Kingfisher Airlines mulls 2,000 job cuts, longer work-hours
Posted Date : 05-Jan-2012 , 08:22:28 am | Posted By CASANSAAR
In a major cost-cutting exercise, private sector air-carrier Kingfisher Airlines is believed to be considering about 2,000 job cuts and longer working hours for its staff, among various options. While e-mailed queries sent to Kingfisher Airlines in this regard remained unanswered, industry ...
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Govt approves filling up of backlog vacancies in SC/ST categories
Posted Date : 05-Jan-2012 , 08:10:10 am | Posted By CASANSAAR
The Union Cabinet on Wednesday cleared a proposal to fill pending vacancies under the Scheduled Caste and Scheduled Tribes in the Central government. This move will benefit around 50,000 people. The proposal comes soon after the government decision to allow 4.5 percent reservation to the minorities ...
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Cabinet makes hallmarking gold jewellery mandatory: Minister
Posted Date : 04-Jan-2012 , 02:00:18 pm | Posted By CASANSAAR
The government has made hallmarking gold jewellery for quality control mandatory, a senior government minister said. India is the world's biggest consumer of gold but quality is sometimes a problem, especially when small jewellers and customers face problems during redemption. At present, abo...
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Happy New Year: Over 5 lakh new jobs in 2012
Posted Date : 01-Jan-2012 , 05:44:50 pm | Posted By CASANSAAR
The new year may bring in loads of cheers for job-seekers, as the experts expect the companies to hire more than five lakh new employees during 2012 despite the uncertainties prevailing about the overall economic scenario.
Adding to the cheers of the job market, the employees could expect doubl...
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Asians, Australians welcome New Year with great fanfare
Posted Date : 01-Jan-2012 , 09:44:05 am | Posted By CASANSAAR
People in Asia and Australia welcomed New Year 2012 with great fanfare, while celebrations are underway in Europe.Sydney heralded the New Year with a 15-minute multi-million dollar firework display at midnight. Sydney's spectacular firework had the theme- Time to Dream which was about giving people ...
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Over Rs 2 Hike In Petrol Price From Monday Likely
Posted Date : 31-Dec-2011 , 07:54:13 pm | Posted By CASANSAAR
A hike of about Rs 2.10-2.13 per litre in petrol price is needed because of weakening Indian currency, but oil companies are unlikely to revise rates today as scheduled and instead may do so on Monday. State-owned oil companies, as per practice, revise rates of petrol on 1st and 16th of ev...
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Indraprastha Gas increases CNG price by Rs. 1.75 per Kilogram in NCR
Posted Date : 31-Dec-2011 , 03:33:15 pm | Posted By CASANSAAR
Indraprastha Gas Limited has increased the price of Compressed Natural Gas (CNG) by Rs. 1.75 per Kilogram in the national capital. The revised price came into effect on Friday midnight. It is now Rs. 33.75 per kg in Delhi. The CNG prices have also gone up in Noida, Greater Noida and Ghaziabad by ...
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Metro man Sreedharan retires today
Posted Date : 31-Dec-2011 , 01:35:07 pm | Posted By CASANSAAR
E Sreedharan retires today as Delhi Metro Rail Corporation chief tomorrow and hand over the reins to colleague Mangu Singh after a highly successful 16-year tenure during which he transformed the capital's transport sector through the Metro.79-year-old Sreedharan, who joined the DMRC in 1995, wi...
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RIM offers over 50% discount on PlayBook tablets in India
Posted Date : 28-Dec-2011 , 10:09:19 pm | Posted By CASANSAAR
Canadian BlackBerry maker Research in Motion ( RIM), battling tough competition from Apple's iPad, is offering over 50 percent discount on its PlayBook tablets under a limited festive season offer till Dec 31.
...
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Anna Hazare calls off fast, cancels jail bharo campaign
Posted Date : 28-Dec-2011 , 05:14:24 pm | Posted By CASANSAAR
Smarting under poor response and bad health, Anna Hazare today called off his fast a day ahead of schedule and repeated his threat to campaign against Congress in the five poll-bound states for not brining a strong Lokpal. The 74-year-old activist made the surprise announcement midway...
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Lokpal bill passed in Lok Sabha
Posted Date : 27-Dec-2011 , 11:10:25 pm | Posted By CASANSAAR
Lok Sabha on Tuesday passed the Lokpal and Lokayukta Bill, 2011 by voice vote even as the Left, BSP and SP staged a walkout.
SP and BSP staged a walk out from the Lok Sabha shortly before the voting on the lokpal bill in protest against the government bringing a "weak" legislation. "We ...
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EC writes to parties over Black money in polls
Posted Date : 27-Dec-2011 , 11:04:22 pm | Posted By CASANSAAR
In order to curb the use of black money during assembly polls in five states, the Election Commission has written to all political parties asking them to avoid cash transactions and instruct their cadres not to carry huge cash during elections. The Commission, in this context, has written a let...
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Govt introduces Money Laundering Bill in LS
Posted Date : 27-Dec-2011 , 03:51:45 pm | Posted By CASANSAAR
The Government today presented three Bills in the Lok Sabha. The Prevention of Money Laundering (Amendment) Bill, 2011, presented by Finance Minister Pranab Mukherjee, seeks to strengthen the relevant Act of 2002 by amending some of its provisions.The Electronic Delivery of Services Bill, 2011, was ...
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Anna Hazare to fast in Mumbai from tomorrow, govt asks him to 'wait'
Posted Date : 26-Dec-2011 , 06:14:25 pm | Posted By CASANSAAR
Showing no signs of relenting, Anna Hazare on Monday said he will go ahead with his three-day fast in Mumbai from tomorrow against a "weak" Lokpal Billwith his team raising the pitch for an independent probe agency for the ombudsman saying it was "non-negotiable" even as government as...
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Delhi Court orders Facebook, Google, Youtube and other websites.
Posted Date : 23-Dec-2011 , 08:28:20 pm | Posted By CASANSAAR
Over the voices rose to keep a check on the content which has been published on the social networking sites, a Delhi trial court today asked several sites including, Facebook, Youtube and Google to delete the 'anti religious' or 'anti social' content which promotes hatred or communal harmony.The cou...
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Cabinet clears 4.5 per cent sub-quota for minorities in Govt. jobs and edu. Instt.
Posted Date : 23-Dec-2011 , 08:27:32 am | Posted By CASANSAAR
Union Cabinet has approved 4.5 per cent sub-quota for minorities within the 27 per cent reservation for other Backward Classes, (OBC). Top government sources said that the decision to this effect was taken at a cabinet meeting last evening. This decision will pave the way for reservation i...
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Cabinet approves Electronic Delivery of Services Bill 2011
Posted Date : 22-Dec-2011 , 06:17:19 pm | Posted By CASANSAAR
The government is believed to have approved a Bill to bring in transparency and prevent corruption in delivery of public services, like driving licence and permit, through use of electronic medium, particularly Internet.
The Union Cabinet, chaired by Prime Minister Manmohan Singh, today clear...
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UPA ministers owe Air India Rs 435 crore
Posted Date : 21-Dec-2011 , 05:24:52 pm | Posted By CASANSAAR
Union Cabinet Ministers have accumulated dues of Rs 435 crore on the cash-strapped Air India, which is 93 per cent of the total bills incurred by them during their visits abroad, Lok Sabha was informed on Wednesday.
Responding to a question, Minister of State in the Prime Minister's Office V Naraya...
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Termination of contractual job can be challenged in court, says Supreme Court
Posted Date : 21-Dec-2011 , 08:25:47 am | Posted By CASANSAAR
In view of changing nature of employment in the commercial world, the Supreme Court has said that courts can interfere even in the case of contractual job if the decision taken by the management is arbitrary. A bench of justices Cyriac Joseph and T S Thakur, however, said that scope of such judic...
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