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SC for transparency in sexual harassment cases against judges

SC for transparency in sexual harassment cases against judges

In a landmark move to usher in transparency in higher judiciary, the Supreme Court on Thursday order its registry to make public the in-house procedure for enquiry into sexual harassment and other complaints against High Court judges and Chief Justices.

A bench led by justice J.S. Khehar was pronouncing the judgment in a petition filed by an additional district judge in Madhya Pradesh complaining of harassment faced at the hands of a Madhya Pradesh High Court.

Punjab National Bank, JK Tyre turn ex-split today

Punjab National Bank, JK Tyre turn ex-split today

Shares in Punjab National Bank and JK Tyre and Industries were trading higher by up to 8% after both the stock turned ex-stock split today.

JK Tyre and Industries has surged 8% to Rs 129, while Punjab National Bank gained nearly 4% to Rs 225 in early morning deals on the BSE.

Supreme Court to hear Jayalalithaa case today

Supreme Court to hear Jayalalithaa case today

Former Tamil Nadu Chief Minister Jayalalithaa is expected to convey to the Supreme Court on Thursday that she has kept her word that she would not delay her criminal appeal before the Karnataka High Court, challenging the four-year imprisonment awarded in a disproportionate assets case.

A Bench led by Chief Justice of India H.L. Dattu had, on October 17, granted Ms. Jayalalithaa bail, reposing faith in the oral assurances of her lawyer, Fali Nariman, that she would not delay the criminal appeal proceedings in the 18-year-old case.

Income tax on Facebook, Twitter likely next year

Income tax on Facebook, Twitter likely next year

India will start charging income tax on digital economy firms, such as Facebook, Twitter and Uber, soon after the OECD finalises a framework by April 2015 to tackle the widespread corporate practice of shifting of profits to low-tax countries, government officials said on Wednesday. Tax may be levied on overseas firms that have a ‘significant digital presence’ in the country by treating their domestic activities as ‘a virtual place of business’ akin to permanent establishment.

ICICI Bank, Bank of Baroda fined for flouting KYC norms

ICICI Bank, Bank of Baroda fined for flouting KYC norms

The Reserve Bank of India (RBI) has imposed penalties on ICICI Bank and Bank of Baroda (BoB) for violating Know Your Customer (KYC) and anti-money laundering norms.

ICICI Bank has been slapped with a fine of Rs 50 lakh, while BoB has been levied a fine of Rs 25 lakh.

Canada Pension Plan invests Rs 1,000 cr in L&T infra subsidiary

Canada Pension Plan invests Rs 1,000 cr in L&T infra subsidiary

Canada Pension Plan Investment Board (CPPIB) has completed its initial Rs 1,000-crore investment in Larsen & Toubro Infrastructure Development Projects (L&T IDPL). The two companies had signed an agreement in June and the investment was concluded on Tuesday.

According to the agreement, CPPIB will invest the second tranche of (a minimum of) Rs 1,000 crore after 12 months. This is the first direct investment by the Canadian pension plan in an Indian infrastructure company.

Spice launches India’s first Android One Hindi smartphone with Google at Rs 6499

Spice launches India’s first Android One Hindi smartphone with Google at Rs 6499

With an aim to make smartphones accessible to 300 million Hindi speaking population in India at affordable prices, Spice today launched India’s first Android One Hindi smartphone – Spice Dream Uno H Android One Phone. Spice Dream Uno H, a Hindi version of the recently launched Android One from Google, has been at priced of Rs 6499.

The Spice Dream Uno H features for the first time ever a complete Hindi keyboard, voice input along with Hindi versions of popular Google products such as Android OS, Chrome, Search, YouTube and Google Maps amongst other popular applications.

Pakistan PM convenes all party meet Wednesday

Pakistan PM convenes all party meet Wednesday

Pakistan Prime Minister Nawaz Sharif convened an all party meeting in Peshawar Wednesday to forge a renewed commitment to fight terror.

"Heads of all parliamentary parties have been invited for the meeting," Dawn online quoted Information Minister Pervaiz Rashid as saying.

HDFC to raise $500 million real estate private equity fund: Sources

HDFC to raise $500 million real estate private equity fund: Sources

HDFC Property Fund, set up by Housing Development Finance Corp Ltd, India's biggest mortgage lender, plans to raise a $500 million fund to invest in residential real estate projects, said people directly involved in the process.

HDFC plans to raise part of the private equity fund from investors, including Government of Singapore Investment Corp (GIC), investment firm Temasek Holdings and Oman's State General Reserve Fund, one of the people said.

Ford India recalls 20,752 EcoSport units

Ford India recalls 20,752 EcoSport units

Ford India on Tuesday said that it has initiated a voluntary recall of 20,752 of its popular compact sports utility vehicle EcoSport over concerns of fuel and vapour line corrosion in the long term.

Ford India will inspect EcoSport variants, made at the company’s Chennai plant between January 2013 and September 2014, for concerns of fuel and vapour line corrosion and will also check the vehicles for reorienting wiring harness related to the correct deployment of side airbags, a company statement said.

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