Infosys, India's top IT major, has agreed to pay $800,000 to settle allegations of misclassification of foreign workers and tax fraud, officials announced Tuesday.

Infosys will pay California $800,000 (nearly Rs 56 crore) to resolve allegations that between 2006 and 2017, approximately 500 Infosys employees were working in the State on Infosys-sponsored B-1 visas rather than H-1B visas, California Attorney General Xavier Becerra said.

Former Pakistani President Pervez Musharraf was sentenced to death on Tuesday by a special court in Pakistan over a high treason case.

The special court in Peshawar convicted the 76-year-old Musharraf of high treason and sentenced him to a death penalty.

The Delhi High Court on Tuesday reserved decision on Chief Minister Arvind Kejriwal's plea to quash summons in a defamation complaint against him by BJP leader Vijender Gupta.

Justice Rajnish Bhatnagar reserved decision on Kejriwal and deputy Chief Minister Manish Sisodia's joint plea to quash summons against them in the complaint by Gupta.

No bullet was fired by police during violent protests against the amended Citizenship Act at Jamia Milia Islamia University on Sunday, Home Ministry officials said.

There have been allegations that police fired bullets on protesters during the agitation at Jamia.

Brokerages are awaiting operational clarity on the use of Aadhaar for know your client (KYC) purposes, to help sign up clients faster.

They earlier used the Aadhaar database to complete the KYC process online. Industry officials said that the on-boarding process became considerably longer after the 2018 Supreme Court judgement which stopped Aadhaar use by companies and private entities.

Incidents of stone-throwing on state-run KSRTC buses have been reported from various parts of Kerala as the dawn-to-dusk hartal called against the Citizenship Amendment Act and police action on students of Jamia university in Delhi, began on Tuesday. A group of 30 Islamic and political outfits have called the hartal from which major political parties, including the ruling CPI(M) and the opposition Congress and IUML, are keeping away.

There is scope for cutting interest rates further and the central bank will use it when required after studying the growth and inflation data, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Monday.

The monetary policy committee (MPC) surprised markets and analysts this month by holding rates steady after trimming the key interest rate by 135 basis points since the beginning of the current rate reduction cycle in February.

India is 112th among nations ranked in terms of the gap between genders, and it was among the bottom five for women's health and survival and economic participation, said an annual survey on Tuesday.

Iceland remained the world's most gender-neutral country on the World Economic Forum's Gender Gap Report. India moved down the ladder from its 108th position last year to rank below countries like China (106th), Sri Lanka (102nd), Nepal (101st), Brazil (92nd), Indonesia (85th) and Bangladesh (50th).

Ahead of the GST Council meeting on Wednesday, the Centre on Monday sought to soothe the frayed nerves of states by releasing over Rs 35,000 crore as pending compensation. The central government has released GST compensation of Rs 35,298 crore to states and union territories today (Monday), the Central Board of Indirect Taxes and Customs (CBIC) said in a tweet.

State Bank of India (SBI) and other public sector banks have decided to lend Rs 4,000 crore to Patanjali Ayurved for the acquisition of Ruchi Soya, which was facing bankruptcy proceedings under the Insolvency and Bankruptcy Code.

The money lent by banks will help the government owned banks to settle their exposure to Ruchi Soya with a haircut of 65 per cent. Apart from SBI, Union Bank is also one of the banks lending to Patanjali.

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