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Top headlines: Big win for Cyrus Mistry, Infosys fined $800k for tax fraud

A two-member NCLAT Bench headed by chairperson Justice S J Mukhopadhaya pronounced its judgement over the petitions moved by Mistry and two investment firms challenging his removal from the group

BS Web Team  |  New Delhi 

Cyrus Mistry
Cyrus Mistry

Appellate tribunal restores as Tata Sons Chairman

The Company Law Appellate Tribunal (NCLAT) on Wednesday ordered restoration of Cyrus Mistry, as the Executive Chairman of Tata Sons. The tribunal also held the appointment of N Chandra as Executive Chairman illegal. Read more

fined $800,000 for worker misclassification, tax fraud in US

will pay California $800,000 (nearly Rs 5.76 cr) to resolve allegations that between 2006 and 2017, approximately 500 employees were working in the State on Infosys-sponsored B-1 visas rather than H-1B visas, California Attorney General Xavier Becerra said. Read more

best tech workplace in India, followed by Adobe, VMware: Report

is followed by Adobe, VMware and Microsoft as the leading technology organisations to work for in India. The Indian Space Research Organisation (ISRO) is in fifth position, moving up from tenth spot last year. Read more

Nirbhaya case: SC dismisses convict's review plea, upholds death penalty

A three-judge bench headed by Justice R Banumathi said there are no ground to review the 2017 verdict and the contentions raised by convict Akshay Kumar Singh were already considered by the top court in the main judgement. Read more

Fiat Chrysler-PSA's 46-bn merger deal creates world's 4th largest carmaker

The merger would forge a regional powerhouse to rival Germany’s Volkswagen AG and have a stock-market value of about $47 billion, surpassing Ford Motor Co. The tie-up also brings together two carmaking dynasties -- the billionaire Agnelli clan of Italy, led by Elkann, and the Peugeots of France. Read more

US lawmakers to vote on impeachment today, says Pelosi

US lawmakers will take a historic and highly anticipated vote on impeaching President on Wednesday, the leading Democrat in Congress said. Read more

First Published: Wed, December 18 2019. 15:13 IST