FILE ALLOCATION SYSTEMS
PhysicsWallah founder Alakh Pandey files PIL on NEET results
PhysicsWallah founder and CEO Alakh Pandey has filed a PIL with the Supreme Court regarding the NEET-UG 2024 exam controversy, involving grace marks awarded by NTA and alleged question paper leaks.
Delhi HC reserves order on AAP's plea for allotment of space for party offices
The Delhi High Court has reserved its order on a plea by the Aam Aadmi Party (AAP) seeking office space from the Centre. A decision is expected on June 5 to temporarily accommodate the party until proper land allocation can be made. The hearing on land allotment is set for July 10. AAP argues for fair treatment as a recognised national party and is seeking a level playing field for office premises in New Delhi.
Why women refuse marriage
Young women see marriage as a patriarchal arrangement that takes power away from them. They insist on keeping their jobs and do not cede control over their finances. They know that child-bearing will be a responsibility that will fall disproportionately to them, and will need a career break and setback in their earning capability.
Regulated entities told to file reports with RBI faster
The half-yearly and quarterly review of accounts by the PSU banks would be submitted to RBI within 21 days from the date of receipt of the report from the statutory central auditor.
The stars are aligned! Why FIIs will have to allocate more money to India
India always had structural positives of the three Ds: Democracy, Demographics, and De-Regulation of industry. These helped Indian GDP and per-capita income levels grow from USD 500 to over USD 2600, a rise of 450% in USD terms in 30 years. Moreover, in the past few years, these have become even more important and stronger for India versus the rest of the world. Let us see how and why.
Takeaways from Mamaearth's IPO filing; Tech Mahindra Q2 show adds to IT slowdown
Honasa Consumer, the IPO-bound parent of Mamaearth, has seen a reduction in contribution to revenue from its top 10 selling products. This and more in today’s ETtech Top 5.
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NIIT Learning Systems falls 4% on listing post NIIT demerger
Consequent to the demerger, each shareholder of NIIT has been allotted one share of NIIT Learning Systems for every NIIT share they held on the record date of June 8, 2023, according to the company's filing.
Life certificate submission at any branch, online deposit claim settlement: RBI committee's major recommendations
The Reserve Bank of India (RBI) organised a committee last year to investigate the customer services provided by RBI-regulated enterprises (RE) such as banks, non-bank financial firms (NBFCs), and payment service operators.
Greater USCIS scrutiny raise fears among many Indians filing H-1B visa petition
H-1B visa: USCIS may deny a petition, or revoke a petition approval, based on a registration that contained a false attestation, the US agency said
Equity investors must diversify asset class to optimise I-T exemption benefits. 5 ways to do it
If you can help it, sell your equity funds or stocks after one year. Second, use the exemption of Rs 1 lakh to your advantage. You can profit from it by selling your equity funds/stocks and immediately buying them back in such a way that the gain remains within the Rs 1 lakh limit.
Netweb Technologies files DRHP to raise funds via IPO
The company, in consultation with the lead bankers to the issue, may consider a pre-IPO placement aggregating up to Rs 51 crore. If such placement is completed, the fresh issue size will be reduced.
There's room for debt MFs in your portfolio; plan effectively: Arnav Pandya
The recent changes to the taxation of debt mutual funds in India could discourage long-term investment, says Arnav Pandya, founder of Moneyeduschool. The lack of clarification as to whether the new rules apply to investments made before 31 March has led to concerns that investors could be hit with unexpected tax bills. SWPs remain a good way to reduce tax liabilities, Pandya said, but doubts remain over whether the negative impact on fixed-income products could steer investors away from mutual funds.
Usage of PAN as single business ID for all digital systems to promote ease of doing biz: DPIIT Secy
Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Anurag Jain termed the decision as reformative and transformative. The announcement would take about one year for implementation as it needs changes in rules and integration of systems across different departments.
Year of the Bond starts with a $150 billion sales spree; may spill over this week
While investors are off to a quick start in making back some of that money, the pace of this week’s bond rush shows that issuers are bracing for something that’s still very 2022: volatile markets where the opportunity to borrow can slam shut faster than you can say consumer price index.
Nobody should go to sleep empty stomach, govt's duty to ensure foodgrains reach the last man: SC
"It is the duty of the central government to ensure foodgrains under NFSA are reaching the last man. We are not saying that Centre is not doing anything, the Union of India has ensured foodgrains to people during Covid. At the same time, we have to see it continues. It is our culture (to ensure) that nobody goes to sleep empty stomach," the bench said.
Kanpur-based Lohia Corp files DRHP for IPO
The company will reserve 50 per cent of the net issue for the qualified institutional buyers (QIBs), whereas non-institutional bidders will get 15 per cent shares. The remaining 35 per cent shares will be allocated to the retail bidders.
DU admissions 2022: Normalised score of CUET to be used to prepare DU merit list, says official
The NTA said the merit lists will be prepared by participating universities, which will decide on the process of counselling based on the CUET-UG scorecard. Meanwhile, admission through the Common Seat Allocation System will be conducted in three phases -- submission of the CSAS-2022 application form, selection of programmes, and filling of preferences, and seat allocation and admission.
Delhi University is launching its portal for undergraduate admissions; here's what you need to know
Once the portal is live, students can file their applications. However, for the second phase of the admission process, students will need their Common University Entrance Test (CUET) scores.
PayMate files DRHP to launch Rs 1,500 crore IPO with Sebi
PayMate is looking to raise Rs 1,500 through the primary route, which includes issuance of fresh equity shares worth Rs 1,125 crore. The remaining Rs 375 crore will consist of an offer for sale (OFS) by existing shareholders and promoters.
Biden wants to address delays in Green Card processing system
A Green Card, known officially as a Permanent Resident Card, is a document issued to immigrants to the US as evidence that the bearer has been granted the privilege of residing permanently in the US.
Florintree backed Data Patterns files for IPO with Sebi
According to the draft papers, the Chennai-based company is expected to raise Rs 600-700 crore through its initial public offering (IPO).
Tega Industries files DRHP for IPO with Sebi
Kolkata-based Tega Industries provides customized solutions to mining, mineral beneficiation, bulk material handling, and slurry transportation industry.
No discrimination over allocation of drugs to treat Mucormycosis: Centre to Bombay HC
While Amphotericin B, the drug used for treating Mucormycosis, was in short supply, the Union government had been trying its best to meet the demands raised by all state governments, he said.
Charges allocated among new CBDT members
According to the order, J B Mohapatra, holding the additional charge of CBDT chairman, will have the "substantive" charge of member investigations, which has superintendence over the country-wide probe wings, intelligence and criminal investigation directorates of the tax department.
Foreign students will be the biggest losers in new H-1B selection process
This new selection process will have a devastating effect on foreign students as most qualifying foreign students are sponsored for Level 1, H-1B positions.
US reaches H-1B visa cap for 2021
H-1B is a non-immigrant visa that allows the US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise. The technology companies depend on it to hire tens of thousands of employees each year from countries like India and China.
NGT junks plea seeking to stop construction under Regional Rapid Transit System in NCR
The green panel said the applicants have not approached the environmental regulators who are under obligation to take remedial action in case of violation of environmental norms.
Litigation financing foray: Indian legal system offers a billion dollar opportunity
It’s not that Indian legal system never offered protection to these groups, but more often than not odds are stacked against anyone fighting a big corporate, state or central government. And that’s true across the world, perhaps more so in India.
Enhanced IT infra to be key for faceless assessments, appeals regime: PwC
At present, the income tax e-filing portal allows a maximum of 10 attachments at a time and each attachment can be of maximum 5 MB. In the case of certain taxpayers, backup documents for certain transactions may run into several hundred pages, which is a constraining factor under the existing facility.
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