LEGACY SYSTEMS
Need to understand the correct legal history of India: Union Minister Arjun Ram Meghwal
Union Minister Arjun Ram Meghwal has urged the nation to understand its correct legal history, as the country's legal system was established from the perspective of colonial rulers. Meghwal argued that the laws in India during colonial times ignored the Indian ethos and societal realities of the time and were based on furthering the needs of colonial rulers. He called for the removal of old laws with a slave mentality and the re-enactment of three new criminal laws, namely the Indian Judicial Code, Indian Civil Defence Code, and Indian Evidence Act, which will be implemented across the country from July 1.
MapMyIndia shares rally 37% in 2 days. Here's why Goldman recommended this stock
CE Info Systems shares surged 37% on BSE in response to a 'buy' rating from Goldman Sachs, targeting Rs 2,800.
ET Circle: Cyril Shroff’s time-honoured lessons in law, legacy, and leadership and crafting timeless institutions
In this episode of the ET Circle multimedia series, discover what differentiates leading a legal services firm compared to a conventional business, the significance of a value system for building institutions that outlive physical assets, and enduring leadership lessons that blend the purity of purpose with resilience, the spirit to absorb adversities, and the vision to lead with empathy. Learn these invaluable insights from none other than Cyril Shroff, the Managing Partner at Cyril Amarchand Mangaldas, a legal services firm with a rich heritage spanning over a century.
How Jocata is helping financial services industry move from legacy systems to AI-powered solutions
Jocata’s low-code platform is driving the future of enterprise lending and embedded finance, says Prashant Muddu, Managing Director & CEO.
Bonjour! Pointers to start your French higher education
France has announced a plan to triple the number of Indian students by 2030, aiming to welcome around 30,000 students within six years. This initiative enhances France's appeal as a destination for global education, attracting students with its multiculturalism and academic prestige. However, studying in France differs significantly from anglophone countries due to language and cultural differences.
Air India gives salary increments to staff; announces target performance bonus for pilots
Air India unveiled its annual salary increments for employees and introduced an annual target performance bonus for pilots, marking the first appraisal cycle since the Tata Group assumed control of the struggling airline over two years ago. Alongside the rise in fixed pay for the fiscal year 2023-24, Air India has implemented an element of annual target performance bonus for its pilots, contingent upon both company-wide and individual performance. This addition will take effect starting from the fiscal year 2024-25.
TCS signs deal with Kuwait’s Burgan Bank
Burgan Bank, one of the youngest commercial banks in Kuwait with a regional network of over 160 branches and 360 ATMs, will use TCS BaNCS suite solutions, which will enable the bank to manage higher transaction volumes, enhance automation, and improve staff productivity.
‘God’s Hand’ captured by a dark energy camera? Know in detail about image and inside story
A dark energy camera has captured images of what appears to be the ‘God’s hand’. These celestial structures in the universe enable researchers to understand the origins of the universe and other details.
"Have maintained dignity with every member of Balasaheb's family, irrespective of political dynamics...": PM Modi
In an interview with the Lokmat Media Group, the Prime Minister said that throughout his life, Balasaheb stood for politics while putting national interests at the forefront.
'Tale of sadhu aur shaitan': The shadow of 'sinner' Sengar in Unnao's political landscape still looms large
Even though Kuldeep Singh Sengar is incarcerated in Tihar, 500 km away, his shadow continues to loom large due to his conviction for raping a minor four years ago. Once a powerful BJP MLA from Bangarmau, the political landscape has shifted significantly since the rape case, which sent shock waves across the country. At its core remains the enduring influence of Kuldeep Singh Sengar. His journey from the corridors of power to the confines of a prison cell resonates deeply with the people of Unnao, embodying a saga of ambition, betrayal, and downfall.
IAF takes delivery of second C295 transport aircraft
The Indian Air Force (IAF) received the second of 56 Airbus C295 aircraft to replace its ageing Avro-748 fleet. The aircraft, part of a Rs 21,935 crore acquisition deal formalized in September 2021, will be produced in Spain and Gujarat's Vadodara under India's 'Make in India' Aerospace program. The first India-made C295 is expected to roll out in September 2026. The C295MW aircraft features modern technology and will replace the Avro aircraft, offering capabilities for quick reaction and paradropping of troops and cargo.
Security and risk management spending in India to increase 12.4% in 2024, says Gartner report
The expected increase comes at a time when organisations are ramping up security spending due to legacy IT modernisation using cloud technology, demand for digital platforms, updated regulatory environment and continuing remote/hybrid work.
Fali Nariman passes away, leaves a legacy of legal brilliance and integrity
Fali Nariman, a highly respected jurist and senior advocate to the Supreme Court of India, passed away at the age of 95. Known for his contribution to international arbitration and his distinguished career as a constitutional lawyer, Nariman argued several famous cases and received numerous accolades. His death has been mourned by the legal fraternity and he leaves behind a legacy of integrity and wisdom.
View: India dealing with a British legacy problem for 200 years
India's managing agencies, a system for separating control from ownership, were outlawed in 1970. However, the vestiges of this old system continue to thrive in the form of company promoters who exercise control over boards. Promoters, typically founders, are named in annual returns and are required to hold at least 20% of the post-public-issue capital. Problematic promoters, such as Subhash Chandra and Shivinder Singh, have caused losses for their companies. To protect public shareholders, a novel idea is to outsource governance to board service providers.
Legacy companies in the mobility space are tying up with and even acquiring young startups to travel into the future
Legacy companies like Mahindra and Mahindra, Hero MotoCorp, and Gulf Oil are collaborating with startups such as Ather Energy, Charge+Zone, and Tirex to explore opportunities in the mobility space. These collaborations aim to leverage synergies in electric vehicle (EV) and ecommerce sectors. Mahindra has partnered with Charge+Zone and Statiq to develop an extensive network of EV charging stations. Hero MotoCorp has joined forces with Ather Energy to create an interoperable fast-charging network. RPG Enterprises has acquired Tyresnmore.com, while Gulf Oil has acquired Tirex Transmission to strengthen their presence in the EV market.
Hogwarts Legacy: See all you may want to know about how to advance time, skip day/night and more
Unlock Hogwarts Legacy's secrets with time manipulation. Explore the dynamic world, sneak out after curfew, and switch effortlessly between day and night. This guide reveals how to advance time and change weather for an enriched gaming experience.
Superman: Legacy: James Gunn shares big update. Check cast, release date, key details
"Superman: Legacy" is an eagerly waited films for Superman fans and here are new updates from filmmaker James Gunn.
Hogwarts Legacy on PC: Guide to tackle glitches, crashes
Video game players have faced difficulties while playing Hogwarts Legacy. Avalanche has not yet released a permanent solution to address the persistent crashes on PCs.
Monarch: Legacy of Monsters unveils details about Season 2 expansions in the MonsterVerse
In the world of monstrous chaos, "Monarch: Legacy of Monsters" takes center stage as a prologue to the monumental events that defined Legendary's MonsterVerse. Positioned before the renowned 2014 Godzilla film, this Apple TV+ streaming series pledges a multifaceted storyline that unravels the undisclosed tales of creatures concealed in the darkness.
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