Disgraced Satyam chief B Ramalinga Raju could be ruing his fate after the Supreme Court on Tuesday cancelled his bail but the apex court’s directive has brought a smile on the face of the state prison chief. The state prisons department is toying with the idea of using Raju’s expertise in handling operations at the [...]
Archive for the ‘General Information’ Category
State prisons dept likely to use Raju’s expertise in country’s first prison BPO
Posted by admin on October 29th, 2010
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AG: Multi-crore PF scam has shaken faith in judiciary
Posted by admin on October 29th, 2010
The involvement of as many as 30 judges in the multi-crore provident fund scam has shaken the confidence of people in the judiciary, attorney general G E Vahanvati told the Supreme Court on Thursday while arguing for CBI’s application seeking transfer of the trial from Ghaziabad to Delhi. “If there is a case in last [...]
Insurance council recommends inclusion of ayurveda, unani & siddha in Health cover
Posted by admin on October 29th, 2010
A panel formed by the insurance council will probably recommend that domestic healthcare systems such as ayurveda , unani and siddha should be treated on par with allopathy when it comes to medical insurance, said a person familiar with the committee’s thinking. “The department of Ayush has approached the General Insurance Council for looking at [...]
Govt clarifies the policy on Capital goods transfer in SEZs
Posted by admin on October 29th, 2010
The government today clarified the policy concerning the transfer of used capital goods into special economic zones (SEZ) from outside of the enclaves, stating that a company can shift the equipment to set up units into the SEZs. However, the value of such second-hand goods should not exceed (20 per cent) to avail of the [...]
Small investors not ploughing back in stocks
Posted by admin on October 29th, 2010
After cashing out of the recent stock market rally, investors aren’t ploughing their money into just initial public offerings (IPOs), bonds or real estate. The feel-good factor has prompted many of them to splurge on luxury cars, exclusive holidays and designer brands. Sample this: luxury car manufacturers BMW, Mercedes and Audi have seen a significant [...]
Company FDs, be cautious on fraud FDs
Posted by admin on October 29th, 2010
Inflation is in the double-digit territory and bank FDs are, at best, fetching merely 7-8 percent interest per annum. So, the real return from bank deposits is negative, which has led to lot of people making a beeline for company FDs that offer a slightly higher return than bank FDs. Company FDs have seen a [...]
