Infosys, Wipro may follow suit as investors eye a piece of the large cash kitty as growth slows. Barely a week after the US-based software services player Cognizant Technology Solutions, which has several delivery centres in India, announced plans to return $3.4 billion to its shareholders through buyback of shares and dividends, Tata Consultancy Services (TCS), too, said its board would be meeting on Monday to consider a buyback plan. In a statement to stock exchanges on Thursday, TCS said, ... Rediff.com, 4 days ago
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Aparna Yadav, wife of Mulayam Singh Yadav’s second son Prateek, was on Monday fielded by Samajwadi Party from Lucknow Cantt constituency, making it a high profile contest as she will take on the Bharatiya Janata Party’s Rita Bahuguna, who had won the seat in the last assembly polls. Aparna, 26, the latest entrant from the Yadav clan, figured in Samajwadi Party’s fourth list of 37 candidates for the Uttar Pradesh assembly polls. The wife of the step-brother of SP president and ...Rediff.com, 4 weeks ago
From January, transporting human organs by aircraft won’t be a challenge anymore. In a first-of-its-kind move, the Bureau of Civil Aviation Security (BCAS) has drafted a set of Standard Operating Procedures (SOPs) for quick and smooth transportation of ...DNA, 1 month ago
A newly-wed Delhi couple’s honeymoon turned into a nightmare when they had to cut short their Andaman and Nicobar Islands trip in just a day after the weather suddenly turned for the worse. A cyclone alarm was sounded at the islands on Friday. Chandra ...DNA, 2 months ago
‘We should become an all-encompassing entertainment and information destination,” says chairman Subhash Chandra, who monitors the group on a monthly basis, leaving the day-to-day operations to the chief executive officers. So what is Subhash Chandra’s Essel group up to? In a telephone chat from his hometown in Hissar, Chandra, an independent member of the Rajya Sabha, said, “I am busy in Parliament and with the Dr Subhash Chandra Show, and the five-six villages that I ...Rediff.com, 2 months ago
Uncertainty looms over Nalanda University (NU) with President Pranab Mukherjee effecting a reshuffle in the varsity’s top administration by dissolving the Nalanda Mentors Group (NMG) or the governing board of the institution and directing for the ...DNA, 2 months ago
: The BJP on Thursday urged the Election Commission of India (ECI) to declare Kendrapada MLA Kishore Chandra Tarai’s win in the 2014 elections as void in view of the all'> Bhubaneswar: The BJP on Thursday urged the Election Commission of India (ECI) to ...OrissaDiary, 2 weeks ago
Ruling Samajwadi Party is facing a tough battle as it tries to retain the seven assembly seats it had won last time out of nine in Uttar Pradesh capital, while the Bharatiya Janata Party and the Bahujan Samaj Party queer the pitch. The two other seats were shared by the BJP and the Congress. The SP candidates include Mulayam Singh Yadav’s daughter-in-law Aparna Yadav and three ministers, one of whom was recently sacked. The BJP has preferred to field turncoats on two seats -- Lucknow ...Rediff.com, 4 days ago
An industrialist-turned-party-hopping politician has been fielded by the Bharatiya Janata Party in Allahabad South assembly segment with the hope that the man who had ended its winning streak in the constituency a decade ago as a Bahujan Samaj Party candidate, might now wrest the seat from the Samajwadi Party. On February 23, when voters of the constituency will exercise their franchise, 43-year-old Nand Gopal Gupta ‘Nandi’ shall be looking forward to avenging the defeat of 2012 at ...Rediff.com, 5 days ago
Debashis Basu lists various reasons why laundering through the stock market thrives.Illustration: Dominic Xavier/Rediff.com Under the 2017-18 Budget provisions, equity shares bought on, or after October 1, 2004, would attract capital gains tax, if securities transaction tax (STT) had not been paid at the time of purchasing the shares. Bonus shares, shares from public offers or stock options, on which we pay no STT, would not attract this provision. So, whom does this provision target? ...Rediff.com, 5 days ago
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