Month: November 2023

NCLT adjourns Future Retail case, pushes it to January 4

The National Company Law Tribunal’s (NCLT) Mumbai bench on Friday adjourned the hearing of a petition filed by US-based technology consulting company Palguntech seeking a stay on Future Retail’s (FRL) liquidation process. The tribunal has also asked the parties to…

Cloudy price outlook to keep focus on inflation

The Reserve Bank of India’s (RBI) six-member monetary policy committee (MPC) will remain vigilant to counter “highly vulnerable” inflationary conditions due to frequent spikes in food prices, the minutes of the MPC meeting held between December 6 and 8 showed….

Their dreams are shattered: Challenges and Controversies surrounding recent human trafficking incident on Dubai-Nicaragua flight

Wary of using the “The Darién Gap” in the Panama Jungle, illegal immigrants have started using different routes to reach their dream land – United States and Canada. Earlier “The Darién Gap” Darin Gap was the route that illegal immigrants…

Joblessness eased in 2023, but the urban-rural divide widening

The issue of joblessness in the country came back into spotlight with the recent attack on the Parliament, as the accused reportedly mentioned that they were upset with their unemployment condition, and aimed to highlight the severity of the issue…

bitsCrunch’s BCUT token’s community sale concludes in 24 minutes 

bitsCrunch, a decentralised AI-powered Web3.0 analytics network, has announced that the community sale of BCUT – the native utility and governance token for the bitsCrunch network – sold out in 24 minutes. According to an official release, the community sale…

Quaker onboards Kiara Advani and Sidharth Malhotra as brand ambassadors

Quaker announces the addition of celebrity couple, Kiara Advani and Sidharth Malhotra, as its brand ambassadors. The collaboration signifies the fusion of Quaker’s 145-year legacy in advocating the ‘goodness of oats’ worldwide with the influence and appeal of Kiara and…

Bengaluru Kempegowda International Airport Terminal 2 shines worldwide! Earns UNESCO recognition as one of the ‘World’s Most Beautiful Airports’

Kempegowda International Airport Bengaluru has achieved notable recognition at the 2023 Prix Versailles organised by UNESCO. The airport’s Terminal 2 (T2) was acknowledged as one of the ‘World’s most beautiful airports’ and received the esteemed ‘World special prize for an…

‘Will set a benchmark around governance’ says CoForge CEO after promoter-investor exits board

With the exit of promoter-investor firm, Baring PE, from Coforge, and the company’s board having no promoter in it, Coforge has emerged as the only board-governed professionally-run Indian IT service firm. The company is now aiming to set a benchmark…

ITR Filing: CBDT notifies new ITR Forms 1 & 4 for AY2024-25

Surprising taxpayers with an unexpected and welcome gesture, the Income Tax Department has played the role of an early Santa Claus this year by unveiling the Income Tax Return (ITR) Forms 1 and 4 for the Assessment Year 2024-25. These…

Geological Survey of India plans to install AI for use in mineral exploration

Geological Survey of India (GSI) is planning to install advanced technologies like drones, Artificial Intelligence (AI) and Machine Learning (ML) for more efficient and accurate mineral exploration. The move will also result in saving time and resources and discover hidden…