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    RV MISHRA

    Adani Power, officials flouted Companies Act: Registrar of Companies

    The adjudicating officer imposed a penalty of ₹75,000 each on Gautam Adani, chairman and director Adani Power, Rajesh Shantilal Adani, managing director, and Vineet S Jain, whole-time director. "The company has made adequate disclosures in the Financial Statements for FYs 2017-18, 2018-19 and 2019-20. All the related-party transactions were entered at arms' length basis and in ordinary course of business and thus, not covered under the provisions of Section 188 of the Companies Act, 2013," the company's spokesperson said.

    Why govt is moving slowly on lateral hiring of experts from private sector

    Lateral entrants were recruited in two tranches — eight joint secretaries (JS) in 2019 and 30 officers (3 JS, 18 directors and 9 deputy secretaries) in 2022. All of them are on three years’ contract, which can be extended for two more years, with pay and perks being the same as their peers in permanent bureaucracy. There is no provision to retain them beyond five years even if they are outstanding.

    ETtech Deals Digest: India gets its 105th unicorn

    Blockchain startup 5ire became the fastest Indian crypto unicorn after closing a $100 million round from the SRAM & MRAM Group at a $1.5 billion.

    Nambi Narayanan, PT Usha were part of Padma panel

    The constituents of this panel were not publicly known till now. The awards were announced last month on the eve of Republic Day and were conferred on 128 distinguished personalities, including former J&K CM and Congress leader Ghulam Nabi Azad, former West Bengal CM Buddhadeb Bhattacharya, among others. Bhattacharya declined the award.

    Pegasus row: Supreme Court panel asks petitioners to submit phone for technical evaluation

    A total of 11 petitions had been filed based on the findings made public by the Pegasus Project.

    Babu-mukt Bharat? 9 names will test one of Narendra Modi's biggest reforms

    The move will see a large of group of experts with domain knowledge join the policy-making process.

    The Economic Times
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