Management Commentary: CA Institute invites stakeholders comments on IASB’s exposure draft

Proposed revision aims to better meet the information needs of investors and creditors

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Viral video involving woman cop sparks controversy, plaint filed

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Bengaluru: A video allegedly showing a woman police officer interacting with a jailed inmate through a WhatsApp video call has triggered controversy after it surfaced on social media. The officer has now approached the Cubbon Park police, alleging that the video was recorded and circulated by two history-sheeters. According to the complaint filed on Thursday, August 20, the officer had known one of the accused, identified as Dharma, for several years. She alleged that during a video call with him, he recorded the conversation without her consent. The recording was subsequently shared with another history-sheeter, Saikumar, who allegedly circulated it on social media. The officer has sought action against Dharma, Saikumar and others allegedly involved in circulating the video. She has stated that the circulation of the video has damaged her reputation and caused considerable embarrassment. The complainant reportedly works as an officer responsible for security at a metro s...
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Congress groomed me not to sit at home: Shivakumar

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Bengaluru: Karnataka Deputy Chief Minister D.K. Shivakumar said on Wednesday that the party has groomed him since 1989 not to sit at home. Speaking to media in Bengaluru, Shivakumar, when asked if he has gone to Delhi to retain his position as the state president, Shivakumar said: “No. It’s bogus, all are planted stories. The party has made me the state’s president for five years. It gave me the Deputy Chief Minister post and has groomed me since 1989 by making me a minister then. Does the party want me to sit at home after empowering me?” Shivakumar said, adding that ‘no matter in which position I am, I will be there for the party.’ Also Read Gear up for 2028 assembly elections, DK Shivakumar calls upon Congress workers He further emphasised targeting his opponents within the party, “I have been called to Kerala, Tamil Nadu, Telangana, Assam, Bihar, Himachal Pradesh, Delhi, Assam, Andhra Pradesh states. Will they others?” When asked will Congress fight the next Karnataka ele...
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Infosys lays off hundreds after failing internal assessments in Mysuru

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Hundreds of campus recruits who joined Infosys in October 2024 are being forced to resign after failing three consecutive evaluation tests at the IT giant’s Mysuru campus.  Nascent Information Technology Employees Senate (NITES) president Harpreet Singh Saluja was quoted by the Deccan Herald (DH) saying that the number of employees being laid off is around 700, although Infosys admits the figure to be around 300.  According to the Economic Times , 400 employees were called in batches and asked to resign on February 7. The employees were reportedly asked to walk off with a month’s salary and access to some courses otherwise they would be terminated making it difficult for them to be hired anywhere else. Also Read Infosys co-founder, 17 others booked for caste discrimination against Dalit professor Bouncers deployed to intimate the employees Bouncers and security personnel were deployed to intimidate the employees and they were also asked to keep their mobiles and lap...
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