Industries Market

Land is State Rights voice made Jaitley call off GST meeting

A crucial meeting of GST Council, called to discuss rationalisation of tax rates on real estate, remained inconclusive on Wednesday after certain Opposition-ruled states objected to the idea of a meeting through video conferencing.   Finance Minister Arun Jaitley, who chaired the meeting, taken back foot of the development and made a brief appearance to Read More…

Environment Industries Legal Supreme Court

Setback for Sterlite : SC sets aside order for reopening plant

The Supreme Court on Monday allowed an appeal filed by the Tamil Nadu Pollution Control Board against the National Green Tribunal ‘s order of December 15, 2018, to re-open Sterlite copper plant at Thoothukudi.   A bench of Justices R F Nariman and Navin Sinha said the plea by Vedanta was not maintainable before the Read More…

America Companies Industries Legal

US Executives Charged For Alleged $2 Million Bribe To ADMK government in Tamilnadu

Two former high-ranking executives of the technology company Cognizant have been charged by US prosecutors in alleged $2 million bribery of Tamil Nadu government officials to get building permits for its campus in Chennai.   Separately, the Securities and Exchanges Commission (SEC), which oversees publicly traded companies, fined Cognizant a total of $25 million for Read More…

Companies Industries Market Technology

AI bound Virtual assistants to increase to 25% by 2021 : Gartner Reports

According to a report by Gartner, Inc, the contact centre was the pilot and testing ground for many adopters of virtual assistants (VAs), but with the democratisation of artificial intelligence (AI) and the development of accurate and clever conversational user interfaces (UIs), different types of VA have arisen: virtual personal assistants (VPAs), virtual customer assistants Read More…

Industries National Opinion Politics

CAG report has redacted numbers that raises a big question mark : Congress

In a series of tweets, the Congress has rejected the government’s claim that the Comptroller and Auditor General report on Rafale deal has proved it right.   The party has said that the CAG report hides “behind the Aligned Price” making the comparison between the costs of 2007 and 2016 Rafale deals meaningless.   Hours Read More…

Industries National Politics

Hindu digs deep Rafale scam , Rahul says over pricing is to benefit Anil Ambani

  On Monday, The Hindu reported how critical conditions for anti-corruption penalties and an escrow account for payments were dropped days before the Rafale deal was signed.   Before that, it had reported on defence ministry objections to “parallel negotiations” conducted by the Prime Minister’s Office.   The latest report cites the dissent note signed Read More…

America Asia Industries

India Purchase 72400 assault rifles at Rs 700 crore from USA : Defense Ministry

India has signed a contract with a US firm for 72,400 assault rifles at a cost of around Rs 700 crore, defence ministry officials said Tuesday.   The rifles, being used by US forces as well as several other European countries, are being bought under the fast-track procurement procedure.   India has signed the contract Read More…

Industries Legal Market Technology

BJP led Parliamentary panel wants to only question Jack Dorsey over Twitter bias towards Right wing ideology

Twitter India officials came to meet the panel. It was lead by Twitter India chief Mahima Kaul. However, the Parliamentary panel which is looking at the alleged bias shown by the social media platform refused to meet any of the Indian officials.   The panel lead by BJP MP Anurag Thakur is looking to interview Read More…