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Bolivia is planning new electricity

Bolivia is planning new electricity

Protests have intensified in La Paz over President Rodrigo Paz’s new energy privatization law. The Bolivian government has proposed a new electricity and renewable energy law that aims to open the electricity market to private competition, promote clean energy and attract foreign investment by allowing private companies to bid on public tenders. This proposal has…

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SAIL CMD Panda warned of high taxes

SAIL CMD Panda warned of high taxes

“Iron ore was cheap, but it will not become cheaper in future due to imposition of so many taxes and ignoring of royalty by the state governments. So, gradually we will find that the raw material which was quite cheap may become expensive in future,” Panda said. SAIL is dependent on captive mines for sourcing…

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RBI Lokpal Scheme: Know Com

RBI Lokpal Scheme: Know Com

Role of RBI Ombudsman RBI Ombudsman is an independent grievance redressal authority for customers of RBI-regulated entities. It provides a free, accessible and non-adversarial mechanism to resolve complaints when a regulated entity has not satisfactorily addressed a customer’s complaint. “Apart from resolving individual disputes, the Lokpal also promotes greater accountability, transparency and higher customer…

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Tata group hopes from auto business

Tata group hopes from auto business

Tata Group expects its automotive business, including passenger and commercial vehicles, to grow to US$100 billion over the next five years, with a capital expenditure target of Rs 40,000 crore in the domestic business and about Rs 20 billion (British) pounds for JLR, Tata Group Chairman N Chandrasekaran said on Wednesday. Answering questions from shareholders…

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Delhi High Court ordered reinstatement

Delhi High Court ordered reinstatement

The Delhi High Court on Tuesday directed the restoration of the X (formerly Twitter) account of satirical social media group, Cockroach Janata Party, after the Center informed the court that it now has no objection to restoring the account. Justice Swarn Kanta Sharma allowed the petition filed by the group’s founder Abhijit Dupke and quashed…

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Adani case: New York judge's question

US court unlikely to reject DO

US legal experts said it would be highly unusual for a federal court to reject the Justice Department’s request to dismiss the criminal case against Indian billionaire Gautam Adani, as prosecutors have outlined detailed legal and policy reasons for seeking to dismiss the indictment. Under Rule 48(a) of the Federal Rules of Criminal Procedure, the…

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What is the Centre's proposed share?

What is the Centre’s proposed share?

Last month, Sarvam AI became India’s latest artificial intelligence (AI) unicorn. After days, The Economic Times It was reported that the Center was considering picking up 1-2 per cent stake in the Bengaluru-based startup through extended compute support under the IndiaAI mission. As the race to build sovereign AI capabilities intensifies, India is trying to…

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Nike names David Denton as CFO

Nike names David Denton as CFO

Former Pfizer executive David Denton steps into the role of CFO amid a sharp decline in the stock. Nike Inc. said Tuesday it has appointed David Denton as its next chief financial officer, tapping the former finance chief of Pfizer Inc. to help stabilize a company that has navigated one of the toughest stretches of…

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Congress accused the center

Congress accused the center

The Congress on Monday accused the Modi government of putting India’s education system in “ICU” and stressed its demands that Education Minister Dharmendra Pradhan should resign, his alleged links with the paper leak mafia should be investigated and there should be comprehensive reforms in the system. Party leader and NSUI in-charge Kanhaiya Kumar said that…

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