In a landmark ruling, the Supreme Court of India revoked the remission granted by the Gujarat government to 11 convicts in the Bilkis Bano gang-rape case, who have been free since August 2022. Watch the video to know more

In a landmark ruling, the Supreme Court of India revoked the remission granted by the Gujarat government to 11 convicts in the Bilkis Bano gang-rape case, who have been free since August 2022.

Bilkis Bano case: SC orders convicts to return to jail; slams Gujarat govt

The IL&FS Group will initiate before insolvency tribunal NCLT the process to recover Rs 187 crore excess remuneration paid to its former directors and two subsidiaries, who have refused to return the excess managerial remuneration, according to the latest affidavit filed by the debt-ridden firm before NCLAT.
Moreover, IL&FS is also going to reopen the financial statements for 2018-19 and 2019-20. It has received approval from NCLT for incorporating impacts arising from the recast financial statements.
"Such revised financial statements for FY 2018-19 have been prepared and are being audited by statutory auditors appointed by NCLT. The revised financial statements will be finalised before the end of 31st December 2025," the IL&FS Group said.
Last year, books of accounts and financial statements of IL&FS and its two subsidiaries -- IFIN and ITNL -- were recast on the directions of the National Company Law Tribunal (NCLT) for five years -- FY 2013-14 to FY 2017-18 -- and .

Moreover, IL&FS is also going to reopen the financial statements for 2018-19 and 2019-20. It has received approval from NCLT for incorporating impacts arising from the recast financial statements

Press Trust of India

Deloitte will this week launch an AI-powered platform 'Tax Pragya' to make tax research and insights accessible to its clients faster, a company official said on Sunday.
Deloitte India Partner Sumit Singhania said Tax Pragya, which is set to be launched on December 9, has been built with direct and indirect tax-related data on over a million court cases and Deloitte's knowledge solution papers so that access to the insights is quicker and accurate.
Tax analysts currently have to spend hours doing research on various court judgments before giving their feedback to clients. Tax Pragya will convert that time to just a few minutes and provide solutions from Deloitte's privately curated database, and not open source data.
"Tax Pragya is an AI-powered tax, research and insight platform. It is enriched with two decades of Deloitte tax knowledge, perspective and jurisprudence. The goal is to move from a knowledge-intensive platform to an insightful platform. It's an agentic solution where w

Deloitte India Partner Sumit Singhania said Tax Pragya, which is set to be launched on December 9, has been built with direct and indirect tax-related data on over a million court cases

Apple announces 2025 App Store Award winners. Motorola's ultra-thin Edge 70 to launch soon. HMD 100 and 101 phone. Samsung First Look event on Jan 4. Microsoft Store Awards. Gemini 3 Deep Think

Business Standard

India's DPDP Act has prompted firms to reassess cyber and D&O liability limits, lifting enquiries but not yet translating into a surge in purchases

Rajasthan has red-flagged major issues in the eNAM 2.0 pilot, with data-migration failures forcing mandis back to manual trading during peak harvest season

The Odisha government has set an ambitious target to have at least 15 fully operational airports by 2047, when India is going to celebrate 100 years of independence, an officer said on Sunday.
The programmes undertaken to achieve the target were discussed at the 4th Meeting of the High Power Committee on Aviation held under the chairmanship of Chief Secretary Manoj Ahuja on Saturday, the officer said.
Focused on advancing Odisha's aviation ecosystem in line with the Vision of Vikshit Odisha 203647, the committee reviewed the emerging opportunities in the aviation sector and discussed measures to accelerate infrastructure development, enhance connectivity, and create an enabling policy environment. Odisha will complete 100 years of formation in 2036.
Odisha has 19 airports or airstrips, of which 12 are state-owned. However, at present, only five civilian airports are operational  Bhubaneswar, Jharsuguda, Jeypore, Utkela and Rourkela, he said.
Bhubaneswar is currently the only ...

The programmes undertaken to achieve the target were discussed at the 4th Meeting of the High Power Committee on Aviation

Healthcare industry body NATHEALTH has asked the government to increase public spending on healthcare to over 2.5 per cent of GDP with urgent action to tackle non-communicable diseases, including tax deductions of up to Rs 10,000 on individuals for preventive health check-ups.
In its pre-Budget recommendations to the government, NATHEALTH said it outlined a roadmap to strengthen healthcare delivery, foster innovation, and expand insurance and preventive coverage.
The recommendations call for a balanced mix of fiscal support, structural reforms, and public-private collaboration to build a robust, future-ready health system, it said in a statement.
In its recommendations, NATHEALTH asked the sector to be declared 'core infrastructure' and create a healthcare infrastructure fund of Rs 50,000 crore, saying currently there is limited access to long-term, lower-cost capital for hospitals and diagnostic networks.
New projects have long gestational periods requiring flexible mid-term ...

In its pre-Budget recommendations to the government, NATHEALTH said it outlined a roadmap to strengthen healthcare delivery, foster innovation, and expand insurance and preventive coverage

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Bilkis Bano case: SC orders convicts to return to jail; slams Gujarat govt

In a landmark ruling, the Supreme Court of India revoked the remission granted by the Gujarat government to 11 convicts in the Bilkis Bano gang-rape case, who have been free since August 2022. Watch the video to know more

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