MUMBAI: An analysis of the resolved insolvency cases shows that even though only 15% of the total cases represent claims over Rs 1,000 crore, they account for 90% of the value that can be realised. This has led companies dealing with distressed assets to call for separate tribunals to expedite the high-value cases so as…
NEW DELHI: The National Highways Authority of India (NHAI) has withdrawn a key policy decision which mandates toll plaza operators to lift the boom barriers and allow vehicles to pass through without paying user fee, if the queue at the toll lane was more than 100 metres. Though the policy guideline specifying this was notified…
In a recent court filing in Pennsylvania, Robert F Kennedy Jr declared his intention to support Republican nominee Donald Trump in the upcoming presidential election. The announcement comes before Kennedy, an independent candidate, is expected to deliver a speech later today.Kennedy’s court filing included a request to withdraw his name from the presidential ballot in…
NEW DELHI: The staff representatives of Joint Consultative Machinery (JCM) will demand an assured pension of 50% of the last salary under the National Pension System when they meet PM Narendra Modi on Saturday. This will be in addition to their demand for periodic inflation adjustment, a minimum payout for those who leave govt service…
NEW DELHI: India and the US have inked two key agreements to further enhance their defence-industrial cooperation and supply chain resilience as well as military liaison and interoperability, with defence minister Rajnath Singh stating that the two countries “together are a formidable force which can ensure peace, prosperity and stability in the world”.Singh underlined the…
US-based software major Cognizant TriZetto has filed a lawsuit against Indian tech giant Infosys in a Texas federal court. The lawsuit filed by Cognizant alleges that Infosys has stolen trade secrets related to its healthcare insurance software. New Jersey-based Cognizant has 70% employees based out of India. Infosys has vehemently denied these allegations and has…
Prime Minister Narendra Modi sought to take the sting out of the Western outrage over his visit to Russia last month as he expressed solidarity with Ukrainian President Volodymyr Zelenskyy in their meeting in Kyiv, while also urging him to quickly sit with Russia and find a way out of the ongoing crisis. Modi called…
The latest episode of Kaun Banega Crorepati Season 16 featured Nisha Raj, an aspiring competitor from Patna, Bihar. Nisha’s story is particularly inspiring because she hopes to utilise her possible earnings to buy a house for her father. This would not only be her first big earnings, but also the realisation of a long-held family…
NEW DELHI: Ukrainian President Volodymyr Zelenskyy on Friday hailed Prime Minister Narendra Modi‘s visit to Kyiv amid the ongoing war with Russia, calling it a historic meeting. Zelenskyy claimed that PM Modi’s visit will strengthen the bilateral ties between India and Ukraine.Discussing the implications of PM Modi’s visit, Zelenskyy said, “A very good meeting.This is…
NEW DELHI: A small tactical unmanned aerial vehicle (UAV) of the Indian Army inadvertently strayed across the Line of Control with Pakistan in the Bhimber Gali sector of the Poonch district in J&K on Friday morning.The Army has sent a message to the Pakistan Army over the hotline between the directors-general of military operations to…
