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Par panel makes various recommendations on corporate laws amendment billA parliamentary panel proposed fixed penalties for certain corporate non-compliances. It suggested allowing in-kind CSR contributions for s...
Using pick-up and drop for car service? Know who pays if an accident happensService centres cannot evade responsibility for accidents during vehicle pick-up and drop-off. A signed waiver does not absolve them of neg...
IN-SPACe re-entry rules expose insurance crunchThe guidelines, issued by the Indian National Space Promotion and Authorisation Centre (IN-SPACe) on July 23, cover planned re-entry missio...
Hrithik Roshan's monthly rent from one Mumbai property is higher than many people's yearly incomeHrithik Roshan has made another major real estate deal that showcases how his investments continue to generate impressive returns outside o...
ITAT Mumbai cancels income tax notice over Rs 8 crore compensation to tenants without their consent; rejects I-T department's contingent liability claimBuilder's hired firm wanted to pay 56 tenants additional Rs 8 crore to vacate land; Tax Dept sent notice citing this payment as contingent ...
Maharashtra-based SME stock plunges 20% as MD gets shot, director taken in police custodyIn an exchange filing, GSM Foils said the firing incident took place in the Naikpada area in Vasai-Virar, located near Mumbai. After gettin...
Supreme Court of the United States asked to freeze $656 million verdict — Why Palestinian authority warns of West Bank falloutPalestinian authorities have asked the US Supreme Court to halt a $656 million judgment. This massive award stems from deadly attacks which...
Priyanka Gandhi's 'gaumutra expert' jibe lands her in trouble, over 200 academicians criticiseAmong those who signed the letter are Sachin Chaturvedi, Vice Chancellor of Nalanda University; Santishree Dhulipudi Pandit, JNU Vice Chanc...
FinMin launches Protection & Indemnity Insurance product under Bharat Maritime Insurance PoolIndia's Department of Financial Services launched a new sovereign-backed P&I insurance product. This product is designed by New India Assur...
Insurers not liable for accident compensation if driver's licence was invalid: Supreme CourtThe Supreme Court ruled insurance companies are not liable for accidents with unlicensed drivers. Driving without a valid license can lead ...
Bank of Baroda may trigger cyber insurance claimBank of Baroda has filed a preliminary claim under its cyber insurance policy after a suspected data breach exposed nearly 1 TB of customer...
1-in-10,000 casualty limit: India's new space rules make private firms fully liable if re-entering spacecraft cause damage anywhere in the worldIndia has introduced stringent safety rules for the planned re-entry of space objects. Under the new guidelines, companies must ensure that...
Insurers redraw playbook as AI risks spawn new coverAI-specific underwriting is being built into existing policies, with standalone products expected as the market matures.
SML Mahindra to acquire Mahindra’s truck and bus business for Rs 525 croreIn a significant strategic shift, Mahindra & Mahindra plans to hand over its Truck and Bus Division to SML Mahindra for Rs 525 crore. This ...
From Aadhaar to exams: Nandan Nilekani, the Infosys co-founder PM Modi has entrusted with exam reformsNandan Nilekani will lead a high-powered task force on examination reforms. He previously co-founded Infosys and chaired the Unique Identif...
Homebuyer finds water leakages and seepage issues weeks after buying flat; Telangana RERA orders builder to relay terrace flooring, carry out waterproofing workBuilder ordered by TGRERA to relay terrace flooring and execute comprehensive waterproof treatment to ensure a permanent solution to resolv...
SC sets aside dismissal of employee who alleged it to be biased action but withdrew his allegation; Court says withdrawal doesn’t erase apprehension & orders fresh probeSupreme Court sets aside employee dismissal over bias allegations which he later on withdrew; Court says withdrawal of allegations doesn't ...