And

The company's rich legacy of care and strong sense of purpose rooted in a culture of meritocracy and high performance standards have made Cipla an employer of choice for several industry leaders, it added. … [Read more...] about Cipla witnesses 3 senior-level exits including India biz CEO

Hyundai sold 8,404 Palisade large SUVs, a two-fold increase from last July and a monthly record. Kia sold 4,822 Telluride large SUVs, up 5.8 percent, while sales of the Seltos small SUV, which hit U.S. showrooms in January, reached a monthly record of 4,505.  … [Read more...] about Hyundai’s U.S. Sales Edge up

database to be maintained by the Registrar General and Census Commissioner of India, Union Ministry of Home Affairs, Government of India is being continued.It is claimed that the objective of creating this identity database is to help in better utilisation and implementation of the benefits and services under government schemes, improve planning and improve security.Union Budget speech 2012-13 under the heading Growth, Fiscal Consolidation and Subsidies reads: “23. The recommendations of the task force headed by Nandan Nilekani on IT strategy for direct transfer of subsidy have been accepted…This step will benefit 12 crore farmer families, while reducing expenditure on subsidies by curtailing misuse of fertilisers.”Such claims of benefits from direct transfer of subsidy has been debunked in the past but government remains adamant to pursue this path under the influence of vested interests.Economic Survey 2011-12 reveals, “The Aadhaar project is set to become the … [Read more...] about Aadhaar’s allocation is Parliament’s contempt

While all this has happened, the PSC report on finance has concluded that Aadhaar platform has been "conceptualised with no clarity of purpose" and is "directionless" in its implementation, leading to "a lot of confusion". Under the existing legal framework, biometric data is collected only under the Identification of Prisoner Act, that too for a temporary period. In the case of Aadhaar and NPR, biometric data is being collected for permanent safekeeping without any constitutional or legal approval. Aadhaar-related NPR project is being spearheaded by the ministry of home affairs is aimed at the creation of this comprehensive identity database.  … [Read more...] about Budgetary allocation for Aadhar project is in contempt of Parliament

At the interbank forex market, the domestic unit opened at 74.93 against the U.S. dollar, gained further ground and touched 74.87 against the U.S. dollar, registering a gain of 17 paise over its previous close. … [Read more...] about Rupee surges 17 paise to 74.87 against U.S. dollar in early trade