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Amrapali case: Dhoni moves SC seeking protection of ownership rights

Amrapali case: Dhoni moves SC seeking protection of ownership rights

Indian cricketer Mahendra Singh Dhoni has moved the Supreme Court seeking protection of his ownership rights on an over 5,500-square feet penthouse he booked 10 year ago in a project of embattled Amrapali Group.

Dhoni filed an application in the court through his lawyer, after receiving a notice from apex court-appointed forensic auditors seeking clarification on certain aspects of the purchase.

Software glitch after-effect: 137 flights of Air India to be delayed on Sunday

Software glitch after-effect: 137 flights of Air India to be delayed on Sunday

The five-hour shutdown of Air India's check-in software, which occurred Saturday morning, is still causing its ripple effect as the airline said 137 flights will be running with a delay on Sunday.

The average duration of delay -- on these 137 flights of Sunday -- would be of 197 minutes, the airline's spokesperson said.

Ask SBI to release one month's salary to Jet Airways staff: NAG to PM Modi

Ask SBI to release one month's salary to Jet Airways staff: NAG to PM Modi

The National Aviator's Guild (NAG), which represents pilots of the grounded carrier Jet Airways, Saturday requested Prime Minister Narendra Modi to "direct" the airline's lender State Bank of India to release one month's salary of all the employees.

In a late evening e-mail to the prime minister, the guild also sought government's directive to "stop de-registration" of the airline's aircraft, which are now being leased by other domestic carriers.

If you are an H-1B visa holder, switching jobs in the US just got tougher

If you are an H-1B visa holder, switching jobs in the US just got tougher

It is getting tougher for H-1B visa holders in the US to switch jobs even if the new job is similar to the old and requires the same exact skill sets.

According to a report in Times of India, the US citizenship and Immigration Services ( USCIS) has denied several applications by the new employer by citing that the new position does not constitute a 'specialty occupation.

Amazon unscathed by FDI curbs

Amazon unscathed by FDI curbs

Chennai: The recent FDI regulations on the e-commerce sector had a minimal impact on Amazon’s business in the March quarter. The regulations had come into the force from February 2019.

‘In India last quarter was an uncertain period with the FDI ruling. We made some changes to our structure to stay in compliance with all regulations. There were a few days of downtime for some of our selection. But for the full quarter the impact was minimal.

SBI recurring deposit (RD) interest rates, minimum deposit amount explained

SBI recurring deposit (RD) interest rates, minimum deposit amount explained

New Delhi: State Bank of India (SBI) offers several types of deposit schemes for short-term and long-term investments. Fixed deposits (FDs) and recurring deposits (RDs) are two such products offered by SBI that earn higher interest rates.

Supreme Court gives RBI ‘last chance’ to alter disclosure policy

Supreme Court gives RBI ‘last chance’ to alter disclosure policy

The Supreme Court on Friday gave the Reserve Bank of India (RBI) “a last opportunity” to withdraw a November 2016 Disclosure Policy to the extent to which it stonewalls revelation of every other kind of information under the Right to Information Act, including the list of wilful defaulters and annual inspection reports.

Maruti’s third assembly line will be ready by next April

Maruti’s third assembly line will be ready by next April

Maruti Suzuki India chairman RC Bhargava on Friday said the third production line of 2.5 lakh units would be commissioned by April 2020 at Suzuki’s Gujarat plant situated at Hansalpur. Speaking to mediapersons, Bhargava said currently two production lines are operational with aggregate capacity of 500,000 units. Suzuki Motor’s 100% subsidiary Suzuki Motor Gujarat has set up a state-of-the-art car manufacturing plant in Gujarat and first car from the plant rolled out in September 2017.

Mahindra arm’s Chennai cluster to see Rs 3500 crore investment

Mahindra arm’s Chennai cluster to see Rs 3500 crore investment

Mahindra Lifespace Developers (MLDL), the real estate and infrastructure development business of $20.7 billion Mahindra Group, is expecting an investment of Rs 3,000 crore to Rs 3500 crore from the incoming companies at its just-inaugurated industrial cluster christened ORIGINS in Chennai, when its first phase gets completed with full capacity utilisation.

In the pipeline: ONGC to start gas production from KG basin by December

In the pipeline: ONGC to start gas production from KG basin by December

State-run ONGC will start production of gas from its lone field with proven reserves of this variety of hydrocarbon in the Krishna Godavari basin off the east coast in December this year and expects to reach the peak production level in 2022. “We are getting encouraging results with new oil and gas discoveries (in KG basin),” an ONGC executive said. The executive added that the initial production from the field KG-DWN-98/2 will be 4-5 mscmd with peak rate being 17 mscmd.

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