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Govt does not intend to make social media users’ verification mandatory: Minister

Govt does not intend to make social media users’ verification mandatory: Minister

The government does not intend to make social media users' verification mandatory in view of the privacy issue, Minister of State for Electronic and IT Rajeev Chandrasekhar told Lok Sabha on Wednesday. To ensure that internet is open, safe, trusted and accountable to all users, the government notified the Information Technology (Intermediary Guidelines and Digital [...]
Hero MotoCorp refutes report of false expense claims; terms it speculative

Hero MotoCorp refutes report of false expense claims; terms it speculative

Two-wheeler market leader Hero MotoCorp has denied the report of the IT Department finding Rs 1,000 crore false expense claims, saying it is speculative. The company said officials from the Income Tax department visited its offices in the previous week, and it has provided all support and cooperation, necessary documents and data to the authorities [...]
We are studying work of MMTC, STC, PEC: Piyush Goyal

We are studying work of MMTC, STC, PEC: Piyush Goyal

The commerce ministry is studying the work of its three undertakings - MMTC, STC and PEC, and it will take appropriate steps to protect the national interest, Commerce and Industry Minister Piyush Goyal has said. On a question about whether the commerce ministry is planning to close these units, he said: "We are examining all [...]
Ruchi Soya shares rally nearly 16% after four-day decline

Ruchi Soya shares rally nearly 16% after four-day decline

Shares of Ruchi Soya Industries on Tuesday rallied nearly 16 per cent, halting its four-day decline amid value buying. The stock jumped 15.94 per cent to settle at Rs 944.95 apiece on the BSE. During the day, it surged 19.99 per cent to Rs 978.05. On the NSE, it zoomed 15.19 per cent to settle [...]
India’s oldest stock bourse BSE in search for a new CEO

India’s oldest stock bourse BSE in search for a new CEO

The country's oldest stock exchange BSE has also embarked on a search for a chief executive and managing director ahead of incumbent Ashish Kumar Chauhan's term ending in November. The move comes at a time when its bigger rival NSE, which controls a large part of trade volumes in the country, has also initiated a [...]
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