The Supreme Court on Friday gave the Centre a week's time to notify a Special Investigation Team to probe black money stashed in foreign banks by Indians.
The SIT will be supervised by two retired apex court judges.
The top court also asked Centre to secure safely all documents and names of Indian account holders in LGT Bank, Liechtenstein, given to India by Germany.

Interim president of the Board of Control for Cricket in India (BCCI) and chief of cricket tournament Indian Premier League (IPL) Sunil Gavaskar on Thursday admitted two cricketers had been approached by bookies in the ongoing season and the matter had been reported to the Anti-Corruption and Security Unit officials (ACSU).

Over the last couple of years, increased cyber threats had forced several Indian enterprises to increase spending in tech security between 20 per cent and 35 per cent, said sector officials.

India is third in terms of internet users. Its internet protocol (IP) traffic would grow sixfold from 2012 to 2017 at a compound annual growth of 44 per cent, said a KPMG report. Due to this, the spend would depend more on the business model rather than size of the company, said some officials.

After Ace in ultra-light commercial vehicles, Tata Motors will now spin off more sub-brands in growing categories, such as intermediate and light CVs

Commercial vehicles have been hit the most in the current slowdown. However, Tata Motors (Tata) is taking this lull as an opportunity to launch products to take on competition such as Ashok Leyland, Eicher and Bharat Benz (from Daimler). It has picked the intermediate and light commercial vehicles (ILCVs) segment which comprises trucks with capacities of 5-tonne till 15-tonne, to launch a new brand, Ultra.

The Mumbai International Airport Ltd (MIAL) has threatened to put Air India on a cash-and-carry mode as the airline has not paid its dues since the last several months.

In a letter issued to Air India chairman Rohit Nandan on May 16, MIAL said Air India would not be able to secure a credit term to settle dues in case it failed to pay Rs 200 crore to it by June 1.

Ashok Leyland's net profit surged 142.2% to Rs 363.39 crore on 17.31% fall in total income to Rs 3092.51 crore in Q4 March 2014 over Q4 March 2013. Net profit slumped 93.22% to Rs 29.38 crore on 20.19% decline in total income to Rs 10009.94 crore in the year ended 31 March 2014 (FY 2014) over the year ended 31 March 2013 (FY 2013). The result was announced after market hours on Thursday, 22 May 2014.

NEW DELHI: Reliance Industries chairman Mukesh Ambani kept his annual salary capped at Rs 15 crore for the sixth year in a row even as the remuneration of key executives went up.

Ambani, the richest Indian, has kept salary, perquisites and allowances and commission at Rs 15 crore since 2008-09, foregoing almost Rs 24 crore per annum.

Mumbai, May 21: It’s a bird…. It’s a plane…. No, it’s a flying pizza.

Doorstep deliveries by drones will have to wait till regulatory guidelines are in place, but a Mumbai pizzeria is practising porting pizza to a patron’s home by a mini-copter-like unmanned aerial vehicle (UAV).

On May 11, as India readied for the last phase of the national elections, Francesco, a two-year-old boutique pizzeria in the posh Phoenix Mall of Lower Parel, was delivering a pizza to a decoy customer on the 21st-story terrace of a Mumbai highrise a little distance away.

New Delhi: Reliance Industries Limited’s (RIL’s) much anticipated (and also much-delayed) launch of data-rich 4G (or fourth generation) services will, apart from challenging telcos and cable and DTH (or direct-to-home) television companies, also seek to change the dynamics of the education, entertainment, financial services and healthcare businesses in the country, according to executives at the company and its rivals, and details from its annual report for 2013-14.

Playing a suave R D Burman-like music composer with shades of grey in Ananth Mahadevan’s The Xpose has worked wonders for Yo Yo Honey Singh’s future career in Bollywood.

The rapper-performer is flooded with offers to play negative characters. But Yo Yo is not biting the bait. “The Xpose was just an experiment, a small step into Bollywood. It wasn’t my acting debut, as reported in Mumbai.

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.