IRDA slaps Rs 5 lakh fine on HDFC Standard Life
Posted Date : 06-Oct-2011 , 07:20:52 pm | Posted By CASANSAAR
Insurance regulator IRDA on Wednesday imposed a penalty of Rs 5 lakh on HDFC Standard Life for delaying settlement of claim and has asked the insurer to streamline its processes. "Considering the nature of the violation, the Authority has come to the conclusion that it is jus...
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HC grants Everonn MD, co-accused bail
Posted Date : 05-Oct-2011 , 04:37:19 pm | Posted By CASANSAAR
Providing a breather to families of two of the accused in the Everonn graft case, the Madras high court on Tuesday granted bail to P Kishore, managing director, Everonn Education Limited and businessman Uttam Chand Bohra, charged with being a middleman. Passing orders, Justice K B K Vasuki include...
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0 | Hits : 813
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India debuts world's cheapest tablet computer at $35 tomorrow
Posted Date : 04-Oct-2011 , 08:05:59 am | Posted By CASANSAAR
The world's cheapest tablet computer, which will be unwrapped on Wednesday, will go on sale in India starting December, the maker of the device has said. Created for use by students, the tablet will first be made available to colleges at Rs 1,750 apiece ($35) although it costs Rs 3,000 to pr...
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Cabinet approves new Mines and Minerals Bill
Posted Date : 30-Sep-2011 , 05:23:27 pm | Posted By CASANSAAR
The Union Cabinet has approved the Mines and Mineral Development and Regulation (MMDR) Bill, 2011 aimed at curbing illegal mining and bringing more transparency in the allocation of licenses for mining.Briefing the News persons in New Delhi, Information and Broadcasting Minister Ms. Ambika Soni said...
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Chartered Accountant arrested in SpeakAsia scam
Posted Date : 30-Sep-2011 , 08:03:26 am | Posted By CASANSAAR
A chartered accountant was arrested in Mumbai on Thursday in connection with his alleged role in the Singapore-based online survey company SpeakAsia's multi-level marketing scam taking the total number of arrests in the case to six, police said. "Acting on a tip off, the accu...
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No plan to do away restriction of 100 SMSes, says TRAI
Posted Date : 26-Sep-2011 , 08:43:31 am | Posted By CASANSAAR
Telecom Regulation Authority of India, TRAI on Sunday said that there is no plan to do away the restriction of100 SMSes per SIM per day for all subscribers, except on festivals. Top TRAI sources said that in order to curb the menace of pesky calls and messages this recommendation will be appl...
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Mobile tariff hike: TRAI seeks info from service providers
Posted Date : 26-Sep-2011 , 08:37:10 am | Posted By CASANSAAR
Telecom Regulatory Authority of India, TRAI has sought additional information from leading service providers, including Bharti airtel and Vodafone, on their recent decision to hike mobile tariffs by up to 20 per cent. Telecom service providers like Bharti airtel, Idea Cellular, Vodafone and Reliance...
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0 | Hits : 727
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Market value of top 9 companies drops; RIL, ONGC lose most
Posted Date : 25-Sep-2011 , 01:46:34 pm | Posted By CASANSAAR
Amid turmoil in the stock market last week, the combined market capitalisation (m-cap) of nine of the country's top-10 firms declined by Rs 70,961.76 crore, with Reliance Industries bearing the maximum loss. M-cap of RIL, the most valued firm, dropped by Rs 18,565 crore to Rs 2,52,361 crore last ...
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0 | Hits : 739
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Draft on new SEZ rules soon;relook at land ceiling norms: Government
Posted Date : 22-Sep-2011 , 07:41:52 am | Posted By CASANSAAR
The Commerce Ministry on Wednesday said there is a need for a relook at the land ceiling rules for Special Economic Zones in view of protests against land acquisitions and it will shortly come out with a draft to bring changes in the SEZ Act of 2005. "There is a need (for a relook at) the SE...
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0 | Hits : 747
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BCCI makes net surplus of Rs 190 crore
Posted Date : 20-Sep-2011 , 07:58:15 am | Posted By CASANSAAR
The Cricket Board has made a net profit of Rs 189.72 crore in 2010-11, a 200 per cent increase in its surplus in the previous fiscal, BCCI treasurer M P Pandove said in his annual report. The net surplus, amounting to an increase of over Rs 126.5 crore from 2009-10, included...
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0 | Hits : 735
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Satyam case: CBI seeks more time to complete trial
Posted Date : 19-Sep-2011 , 08:45:45 am | Posted By CASANSAAR
Unable to stick to the time frame to complete proceedings in the trial against former Satyam chief B Ramalinga Raju and nine others accused in the multi-crore Satyam accounting fraud case, CBI has approached the Supreme Court seeking more time to complete the task.
In an interim appl...
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Petrol prices hiked by Rs 3.14 per litre effective midnight
Posted Date : 15-Sep-2011 , 06:47:45 pm | Posted By CASANSAAR
State-owned oil firms raised petrol prices by Rs 3.14 per litre as the rupee touched two-year low against the US dollar, increasing the cost of importing crude oil. The hike will be effective from midningt. "Oil retailers are losing Rs 2.61 per litre or Rs 15 crore per day on sale of petrol. Toge...
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0 | Hits : 932
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Govt announces series of measures to expedite corruption cases
Posted Date : 14-Sep-2011 , 10:03:08 pm | Posted By CASANSAAR
The government today announced a series of measures to expedite the process to deal with corruption cases against public servants. Out of 71 fast-track special CBI courts being set up, 44 have already started are already working. Government has also fixed a limit of three months to grant sanction fo...
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0 | Hits : 759
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Yahoo fires CEO Carol Bartz over the phone
Posted Date : 08-Sep-2011 , 07:45:49 am | Posted By CASANSAAR
nline media company Yahoo has fired chief executive officer Carol Bartz, who was brought on board two years ago to turn around the company's troubled fortunes, and named Chief Financial Officer Tim Morse as interim chief executive.
Under a 'leadership reorganisation' move, the California-based co...
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0 | Hits : 968
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Blast outside Delhi HC, many injured
Posted Date : 07-Sep-2011 , 10:45:53 am | Posted By CASANSAAR
An explosion was reported outside the Delhi High Court on Wednesday and 24 people were injured in the blast. The explosion took place outside Gate No. 5 of the Delhi High Court.
The injured were rushed to the nearest government hospital the RML Hospital.
Gate no. 5 of the Delhi High Court is whe...
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Amar Singh arrested, sent to judicial custody
Posted Date : 06-Sep-2011 , 03:53:05 pm | Posted By CASANSAAR
Former SP general secretary Amar Singh has been arrested in connection with the cash-for-vote scam. Delhi court rejected his bail petition and sent him to judicial custody.
He can file for regular bail on September 16. Mahavir Bhagora has also been arrested. Earlier, he claimed claimed that...
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Women empowerment will bring socio-economic change : Pranab
Posted Date : 04-Sep-2011 , 04:26:31 pm | Posted By CASANSAAR
Union Finance Minister Pranab Mukherjee while addressing a gathering in Kolkata stated that women empowerment at the grass root level would bring the desired social economic change in the country.
He was addressing the audience on the launch of 'Sukanya' project on Saturday. Mukherjee reit...
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0 | Hits : 958
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Cabinet ministers declare assets; Kamal Nath richest with Rs 263 crore
Posted Date : 03-Sep-2011 , 03:59:58 pm | Posted By CASANSAAR
Prime Minister Manmohan Singh, who had taken strong exception to a remark last month by a senior member of parliament on his personal integrity, led his council of ministers in declaring their personal assets on the official web site. His wealth is estimated at Rs.5 crore and he owns a Mar...
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0 | Hits : 919
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Wife can seek maintenance for adult offsprings, rules HC
Posted Date : 02-Sep-2011 , 07:53:14 am | Posted By CASANSAAR
The Bombay High Court has held that an estranged wife can seek maintenance from her husband for and on behalf of her adult daughter or son as long as the offspring is dependent on her.
"A daughter may have attained majority but so long as she is unmarried and de...
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0 | Hits : 979
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Supreme Court directs 10 Delhi hospitals to treat poor free
Posted Date : 01-Sep-2011 , 08:17:39 pm | Posted By CASANSAAR
The Supreme Court Thursday directed 10 multi-specialty private hospitals in the national capital to provide free treatment to poor patients and recover the cost from sponsorship and endowments. An apex court bench of JusticeR V Narendran and Justice A K Patnaik said the hospitals w...
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Anna Hazare movement might become a case study for XLRI
Posted Date : 01-Sep-2011 , 07:21:26 am | Posted By CASANSAAR
Anna Hazare's success with his anti-corruption movement might soon become a case study for management students at the famed XLRI School of Business and Human Resources. "The movement is fit as case study for budding management students here and we are seriously contemplating to look into var...
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Eid Mubarak & Appeal to All CA's (Jobs for newly qualified CA's).
Posted Date : 31-Aug-2011 , 08:32:40 am | Posted By CASANSAAR
All of us are aware that this time result of our ICAI was awesome but campus was not so Good. Most of our new members have not got any opportunity in campus. So they are still unemployed and searching for good opportunities. So being the noble professionals don’t you think its our...
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16 | Hits : 6791
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Economic growth to dip below 8 pc after slow first quarter: Industry
Posted Date : 30-Aug-2011 , 04:53:51 pm | Posted By CASANSAAR
The Indian economy is expected to grow at a lower rate than projected by the government in the current fiscal, industry lobbies said Tuesday, after official data showed the economy expanded at a slow 7.7 percent in the quarter ending June. The fresh data released by the Central Statistical O...
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0 | Hits : 655
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Has Anna Hazare really come out a winner?
Posted Date : 28-Aug-2011 , 04:47:59 pm | Posted By CASANSAAR
"House bows to Anna whip", "Parliament yields to Anna", "Anna wins it for the people" are some of the screaming headlines in newspapers today. But has he really achieved? Opinion is divided among politicians, journalists and others with majority feeling that while the issue of corruption&n...
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0 | Hits : 781
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Anna Hazare ends fast, nation celebrates
Posted Date : 28-Aug-2011 , 10:57:52 am | Posted By CASANSAAR
Anna Hazare ended his fast on the 13th day by drinking cocunut water and honey. He will now spend some time an the Ramlila Maidan and then go straight to the hospital. A Team Anna member said the 74-year-old Gandhian will go to Medanta Medicity in Haryana's Gurgaon soon after he breaks his fa...
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Anna Hazare's next mission: India tour for clean leaders
Posted Date : 28-Aug-2011 , 08:37:10 am | Posted By CASANSAAR
Even before his ongoing fast could come to an end, Anna Hazare on Saturday announced he would soon launch another campaign to ensure that no tainted leader gets elected to the next Lok Sabha. Speaking after more than 38 hours, Anna declared he would tour the country and appeal to citizens ...
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0 | Hits : 858
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Nation Celebrates as Anna Promises to End Fast at 10 am on Sunday
Posted Date : 27-Aug-2011 , 10:14:53 pm | Posted By CASANSAAR
In what may be termed as one of the biggest victories for the people of India, the fight against corruption received a huge boost on Saturday August 27 when the nation's parliament accepted and agreed to adopt the three major points with regard to the Jan Lokpal Bill.
Considered a r...
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0 | Hits : 840
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Parliament passes unanimous resolution on Anna's demands
Posted Date : 27-Aug-2011 , 09:22:42 pm | Posted By CASANSAAR
Finance Minister Pranab Mukherjee today said Lok Sabha has adopts 'sense of House' on three key issues raised by Anna Hazare. The house was adjourned without voice vote. Rajya Sabha too was adjourned after it adopted 'sense of House' on three key issues raised by Anna Hazare.
The l...
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0 | Hits : 1003
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Obama declares emergency in New York, Virginia and Massachusetts as hurricane Irene approaches
Posted Date : 27-Aug-2011 , 12:00:22 pm | Posted By CASANSAAR
President Barack obama today declared emergency in three States of New York, Virginia and Massachusetts which empowered federal agencies to take all steps required to protect people and properties, as hurricane Irene with a sustained wind speed of 100 miles per hour gushed toward the eastern s...
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0 | Hits : 904
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Unwanted calls, SMS's will get stopped from October 1st: TRAI
Posted Date : 26-Aug-2011 , 08:15:55 am | Posted By CASANSAAR
Telecom regulator TRAI has said that from first of October unwanted calls and SMS's will get stopped. TRAI Chairman J S Sarma said at a function in New Delhi that a new Telecom regulatory policy will come into force from October.Mr. Sarma asked leading telecom service providers, including Bharti air...
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