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Sohrabuddin Sheikh case: All 22 accused acquitted by Special CBI Court due to lack of evidence

Sohrabuddin Sheikh case: All 22 accused acquitted by Special CBI Court due to lack of evidence

The Special CBI court in Mumbai on Friday acquitted all 22 accused in the alleged fake encounter killings of gangster Sohrabuddin Shaikh, his wife Kausar Bi and aide Tulsi Prajapati.

Acquitting the accused, the court also observed that circumstantial evidence is not substantial.

1984 anti-Sikh riots case: Delhi HC dismisses Sajjan Kumar's plea seeking more time to surrender

1984 anti-Sikh riots case: Delhi HC dismisses Sajjan Kumar's plea seeking more time to surrender

The Delhi High Court on Friday dismissed former Congress leader Sajjan Kumar's plea seeking more time to surrender.

The High Court said that it sees no ground for granting the extension of time to Sajjan Kumar to surrender.

All computers now under govt. watch

All computers now under govt. watch

The Ministry of Home Affairs on Thursday issued an order authorising 10 Central agencies to intercept, monitor, and decrypt any information generated, transmitted, received or stored in any computer.

The agencies are the Intelligence Bureau, Narcotics Control Bureau, Enforcement Directorate, Central Board of Direct Taxes, Directorate of Revenue Intelligence, Central Bureau of Investigation; National Investigation Agency, Cabinet Secretariat (R&AW), Directorate of Signal Intelligence (For service areas of Jammu & Kashmir, North-East and Assam only) and Commissioner of Police, Delhi.

US Defence Secretary Jim Mattis resigns over policy differences with Trump

US Defence Secretary Jim Mattis resigns over policy differences with Trump

US Defence Secretary Jim Mattis will be retiring, with distinction, in February, President Donald Trump has said, a day after he ordered American troops to rapidly withdraw from war-torn Syria in an abrupt decision criticised by many as premature.

In his resignation letter sent on Thursday, Mattis told Trump it was the right time for him to step down because the US president deserved a defence secretary whose views are better aligned with yours on these and other subjects.

Infosys appoints Bharti Airtel's Nilanjan Roy as chief financial officer

Infosys appoints Bharti Airtel's Nilanjan Roy as chief financial officer

The country's second largest IT services company, Infosys, on Thursday announced the appointment of Nilanjan Roy (pictured), a Bharti Airtel veteran, as its chief financial officer (CFO) effective from March 1.

Roy, who has been with Airtel for the past 13 years, is the global CFO at the telecom major, a position he has been holding since August 2015. The post of a full-time CFO at Infosys was vacant since November 17 after its then chief financial officer M D Ranganath resigned citing personal reasons.

Modi govt seeks to pump Rs 2,300 crore more into Air India after failed disinvestment bid

Modi govt seeks to pump Rs 2,300 crore more into Air India after failed disinvestment bid

The government of Prime Minister Narendra Modi sought Parliament’s approval for an equity infusion of 23 billion rupees ($330 million) in Air India, effectively ruling out an immediate revival of its plan to sell the ailing carrier.

Modi’s bid to turn the airline profitable under his watch comes after the government failed to find any takers for its ambitious plan to privatize the national airline.

ONGC board approves Rs 40 billion buyback at Rs 159 apiece; shares end flat

ONGC board approves Rs 40 billion buyback at Rs 159 apiece; shares end flat

The board of India's biggest gas explorer Oil and Natural Gas (ONGC) on Thursday approved the share buyback of 253 million shares worth Rs 40.22 billion at Rs 159/share, which is around 7 per cent premium to the current market price of Rs 149.

The company has fixed January 4, 2019 as the record date for determining the entitlement and the names of the shareholders/ beneficial owners to whom the letter of offer will be sent and will be eligible to participate in the buyback.

Infosys hires former Cognizant executive to head its consulting business

Infosys hires former Cognizant executive to head its consulting business

New Delhi: A year into his role as chief executive officer of Infosys Ltd, Salil Parekh has made the first big hire at India’s second-largest information technology (IT) services firm by naming former Cognizant Technology Solutions Corp. executive Mark Livingston the head of the consulting business.

Tata Motors liable to pay tax for possession of chassis, says SC

Tata Motors liable to pay tax for possession of chassis, says SC

In a setback to Tata Motors, the Supreme Court has held that the company is liable to pay tax for possession of chassis of the motor vehicles manufactured by it before being delivered to dealers or purchasers.

While upholding the provision of imposing levy of tax under the Bihar Motor Vehicles Taxation Act 1994,

Call waiting! Reliance Jio-RCom spectrum deal on hold

Call waiting! Reliance Jio-RCom spectrum deal on hold

With Reliance Jio on Wednesday sticking to its stand that it would not take the responsibility for past spectrum-related dues of Reliance Communications (RCom), the fate of the Rs 25,000-crore spectrum trading transaction between the two hangs in balance.

As a result, the department of telecommunications (DoT) has withheld the no objection certificate (NoC) it had undertaken to provide by December 17.

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