The Supreme Court has expressed concern over delay in execution of arbitral awards, calling it “a very sorry state of affairs”. A bench of Justices M R Shah and B V Nagarathna made the observation while hearing a case in which the arbitral award passed in 1992 remained pending for execution despite passage of more…Continue Reading
Representative imageBENGALURU: With Covid hurting the economy over the past two years, Karnataka saw 754 factories downing the shutters leaving more than 46,500 employees without a job or financial relief or alternative employment from the government. As per data tabled in the legislative council on Tuesday, the year 2020 was the worst for small-scale industries…Continue Reading
HYDERABAD: Out of 30 public sector undertakings (PSUs) in Telangana which had furnished their accounts and information, 12 PSUs earned profits of Rs 728.63 crore, 16 PSUs incurred losses of Rs 10,295 crore and two PSUs reported neither profit nor loss, according to CAG report for 2020-21. Major profit-making PSUs are Singareni Collieries Company Ltd (SCCL)…Continue Reading
The BJP’s resounding victory in four states may have repercussions in Karnataka, the only southern India state where the party is in power, with the polls outcome expected to have a bearing on the influence of caste-based leaders like B S Yediyurappa as well as the Assembly election schedule in the state. With the BJP…Continue Reading
Court rejects plea, imposes cost of ₹25,000 on petitioner Court rejects plea, imposes cost of ₹25,000 on petitioner The Bombay High Court on Wednesday held that the Maharashtra government’s rule of mandating shops and establishments to display their names in Marathi (Devanagari script) language was reasonable and rejected a plea challenging it and imposed a…Continue Reading
India’s relations with China was going through a “very difficult phase” after Beijing violated border agreements, India’s External Affairs Minister S Jaishankar said on Saturday, underlining that the “state of the border will determine the state of the relationship”. Jaishankar, addressing the Munich Security Conference (MSC) 2022 Panel Discussion here, said that there is a problem…Continue Reading
SynopsisState Bank of India, incorporated in the year 1955, is a banking company (having a market cap of Rs 481750.53 Crore).Promoters held 57.6 per cent stake in the company as of 31-Dec-2021, while FIIs owned 10.37 per cent, DIIs 24.1 per cent.IIFL has buy call on State Bank of India with a target price of…Continue Reading
Last Updated: 1st February, 2022 12:09 IST The US issued a Level 4 travel advisory for Americans, urging them to cancel travel plans to Belarus, citing concerns related to the Russian military buildup IMAGE: AP/Unsplash The United States State Department on Monday, January 31 issued a Level 4 warning against travelling to Belarus. In a…Continue Reading
DAYS AFTER facing heat for its move to rank State Environment Impact Assessment Authorities (SEIAAs) based on the speed at which they clear proposals and provide environmental clearance for projects, the Environment Ministry on Monday said the move has aimed at “encouraging the efficiency, transparency and accountability in the functioning of SEIAAs’’ without diluting any…Continue Reading
The Islamic State (IS) group unleashed its biggest attack in Syria since the fall of its “caliphate” three years ago. More than 100 militants assaulted the main prison holding suspected extremists, sparking a battle with U.S.-backed Kurdish fighters that continued 24 hours later and left dozens dead on Friday.Across the border in Iraq, gunmen stormed…Continue Reading