Prime Minister Narendra Modi (File photo) NEW DELHI: Prime Minister Narendra Modi on Wednesday surpassed the record of country’s first Prime Minister, Jawaharlal Nehru, to become the country’s longest-serving elected PM in uninterrupted tenure.As PM Modi completed 4,399 consecutive days in office, leaders from India and around the world congratulated him on the milestone and…
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The CBI has arrested Bharat Mathur, the Senior Vice President of a major corporate group and a deputy director general of civil aviation, in a Rs 2.5 lakh bribery case to facilitate the import of drones for another private company, officials said Sunday.In an operation on Saturday, the CBI arrested Mathur, who is also associated…
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BENGALURU/MUMBAI: A day after markets regulator Sebi banned Rajesh Mehta, the chief of Bengaluru-based gold refiner Rajesh Exports, for inflating the company’s revenues over several years to induce investors to invest in the stock, the company said there was communication gap with Sebi that led to the regulatory decision. Mehta also stood by the company’s…
Michael Burry, the renowned “Big Short” investor, has terminated his hedge fund, Scion Asset Management’s registration. According to the Securities and Exchange Commission’s database, Scion’s status changed to “terminated” as of November 10, eliminating the need for regulatory filings, as reported by Reuters.Scion, which controlled $155 million in assets as of March, has been closely…
NEW DELHI: Govt on Friday moved a fresh bill to decriminalise provisions across 79 central laws as part of its efforts to make life simpler for businesses and individuals.Govt officials said along with amendments to the Companies Act, which are currently pending in Parliament, as well as the new income tax law, the overall decriminalisation…
IT stocks rallied sharply on Wednesday, buoyed by investor optimism after US President Donald Trump said the United States “needed skilled workers from abroad,” a comment seen as a potential softening of his administration’s hardline immigration tone.The upbeat sentiment lifted Tech Mahindra, which surged 3.24%, followed by Mphasis (up 2.83%), LTIMindtree (up 2.63%), TCS (up…
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