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Satyam's USD 125-million class action suit settlement taxable: AAR

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The Authority for Advance Ruling has ruled that the USD 125 million-class action suit settlement done by Mahindra Satyam (formerly Satyam Computer Services Limited ) is taxable.

According to AAR rul

ACB to question jail superintendent

After the state prisons department proposed to transfer the Chanchalguda jail superintendent for allegedly accepting money from mining baron Gali Janardhan Reddy, the Anti-Corruption Bureau is learnt

Owaisi complains to CCS on Heera

Hyderabad MP Asaduddin Owaisi lodged a complaint with the Central Crime Station (CCS) against a private company of trying to cheat people. He alleged that Heera Group of Companies based at Masab Tan

Fewer mishaps in city this year, say traffic cops

This might look like a mishap in itself at first sight, given the number of road accidents in the city every day, but it comes straight from the top traffic cop: The number of accidents in Hyderabad h

Water situation bleak as rains fail to fill city tanks

Despite widespread rains in the last one week, the reservoirs that supply water to the city have not received significant inflow. And if the reservoirs do not get adequate inflows by September end, wa

Cyberabad, a death zone

Driving in the Telangana region or the Cyberabad suburbs of the city, is reason enough to be extra-cautious on the road. Of the 25 most accident-prone areas identified in the state, five are in the

Army covered up havildar’s death

The Army is no exception when it comes to burying its mistakes. Often, accidents occur due to someone’s negligence but others end up paying for the same with their lives. A retired Army officer and hi

State to help poor students with loans

The decision to cap the fee reimbursement at Rs 35,000 for students pursuing engineering courses this year was taken at a meeting of the Cabinet sub-committee on fee reimbursement headed by minister f

Tech colleges unplug online admissions plan

Bowing to pressure from managements of top engineering colleges in which there is huge demand for management quota seats, the state government on Tuesday backtracked on its decision to conduct online

HC sets conditions for Rs 50,200 fee

The AP High Court on Tuesday ordered that only those engineering colleges that have been paying salaries as per the 1996 payscales or the VIII Pay Revision Commission’s recommendations to their facult

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

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