Bharathiyar University VC arrested for bribery

Chennai : The Vice Chancellor of Bharathiyar University, Coimbatore, was arrested by the anti-corruption officials while demanding and receiving a bribe of Rs 30 lakh, an official statement said. In a statement issued here, the Directorate of Vigilance and Anti-Corruption (DVAC) said 67-year-old A. Ganapathy was caught redhanded while receiving bribe of Rs 30 lakh […]

Department of Space tasked to deliver 3 earth observation, 2 communication satellites next fiscal

Chennai : The Department of Space has been allocated Rs 8,936.97 crore in the Budget for various space-related projects. It has also been tasked to achieve certain targets – deliver three earth observation, two communication satellites – next fiscal. Union Finance Minister Arun Jaitley on February 1 presented the 2018-19 Union Budget. The total allocation […]

‘Benefit of standard deduction negligible for salaried class’

Chennai, Feb 1 : The reintroduction of standard deduction for individuals while computing their taxable income will have a negligible beneficial impact on the salaried class, said a top official of an international tax advisory and accounting firm. Finance Minister Arun Jaitley on Thursday during his Budget speech announced reintroduction of standard deduction of Rs 40,000 […]

India’s share in global satellite launch services goes up

Chennai, Jan 29 : India’s share in the global satellite launch services revenue increased to 1.1 percent in 2015-16, said the Economic Survey tabled in Parliament on Monday. According to the Survey, the country’s share in the global satellite launch services revenue went up to 1.1 per cent in 2015-16 from 0.3 per cent in 2014-15. […]

AIADMK dismisses 44 supporters of Dinakaran

Chennai, Dec 28 (IANS) The ruling AIADMK on Thursday dismissed 44 supporters of sidelined leader and Independent legislator T.T.V. Dinakaran from the party. The party also removed two persons from their posts. In a statement issued here, party Coordinator and Deputy Chief Minister O. Panneerselvam and Joint Coordinator and Chief Minister K. Palaniswami announced the […]

TN government will fall in three months: Dinakaran

Chennai, Dec 24 (IANS) Sidelined AIADMK leader T.T.V.Dinakaran on Sunday said the current Tamil Nadu government will fall in three months time. His remarks came he established a considerable lead in the by-election for Radhakrishnan Nagar (R.K.Nagar) Assembly constituency ahead of the ruling AIADMK candidate E.Madhusudhanan and others. Dinakaran contested the by-polls held on December […]