BJP govt turning Aadhaar into surveillance tool: Chavan

Aug 04 2018

Chavan accused the BJP government of working hand in glove with global tech giants and turning Aadhaar into a surveillance tool.

CAG report points out deficiencies in three Goa govt schemes

Aug 03 2018

The Comptroller and Auditor General's report for 2017 has pointed out deficiencies in the Goa government's implementation of the Dayanand Social Security Scheme (DSSS), the Grih Aadhar Scheme and the Laadli Laxmi Scheme.

Threw challenge not as Trai chief but an ordinary citizen: Sharma to Twitterati

Jul 29 2018

Sharma has said he had thrown an open the challenge to Twitterati -- to prove how mere knowledge of 12 digit number could be misused to cause harm -- not as a regulatory head but as an ordinary citizen of India.

Apps should collect minimal data like Aadhar: TRAI chief

Jul 18 2018

TRAI Chairman R S Sharma has said that apps should collect minimal data just as UIDAI does to give 12-digit Aadhar numbers to people.

UIDAI brings updated QR code for offline Aadhaar verification

Apr 18 2018

UIDAI has introduced an updated 'QR code' that holds non-sensitive details like name, address, photo and can be used for offline user verification without 12-digit ID.

India should ensure privacy in biometric identity programmes: IMF

Apr 12 2018

IMF said India should take necessary measures to ensure privacy and security controls while implementing large identification programmes like Aadhar.

EPFO says pension can't be denied for want of Aadhaar

Apr 10 2018

EPFO has asked banks not to deny monthly pension to people for want of Aadhaar, and said that alternate means for identity should be used if needed.

Aadhaar law is just, fair & reasonable: Centre to SC

Apr 03 2018

Centre justified the Aadhaar Act in SC saying it was a "fair and reasonable law" which complied with the tests prescribed by the historic verdict on the right to privacy.

'SC is incorruptible, there is no govt interference in judiciary'

Mar 10 2018

The SC is "incorruptible" and any claim of perceived interference by the executive in the judiciary is unfounded, Pinky Anand said.

EPFO lowers interest rate to 8.55 percent for 2017-18

Feb 21 2018

EPFO lowered the rate of interest on employees provident fund to 8.55% for its over 6-cr subscribers for 2017-18, from 8.65% in the previous fiscal.

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Aircel moves SC to make Airtel clear dues

Alleges that the co withholding Rs453 Cr of bank guarantees paid on its behalf

Bank guarantees have lapsed and Aircel wants Airtel to pay the money

Alleged that Airtel is trying to usurp the sum

Aircel says without the money it may get liquidated

ET reports


Bain joins KKR in race for Max Healthcare stake

PE firms look to buy 47% stake from Life Healthcare for $450-540 Mn

ET reports


To decide on buy back of shares on Aug. 20


Co planning $400 Mn stake sale is speculative in nature

Jet Auditor BSR may quit if issues are not resolved is factually incorrect

Have been pro-actively working on multiple revenue enhancements

Evaluating various funding options to meet liquidity requirements on priority

Relationship with Etihad Airways very strong

No delays in discharging any loan obligations to any of the lenders

Default status in tabular statement only due to technical errors, rectified now

Clarifies that reports of stake sale are purely speculative

Also Clarifies that rumors of auditor quitting if issues not solved are factually incorrect

Seeks lenders help in bid to avoid default

Airline wants waiver of loan covenant on existing debt facility of $185mn

Co has to repay or refinance at least $500mn of existing debt to avoid default

Told lenders it won’t be able to meet min $50mn profit condition for FY19

Consortium of lenders yet to decide on Jet’s request

Airline’s total debt was Rs 9430 Cr as on 31st March 18

Mint reports


Have noticed a difference in your responses dated August 9 & 10

Clarify whether mgmt extension from audit committee as per Aug 10 response

Or did Audit Committee not recommend results to board as per Aug 9 response?

In Aug 10 response, details of "Certain Matters Not Closed" not provided

Provide exact reasons for which audit committee has not approved results

Again ask you to give us date when board meet to consider results will be held

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