In a significant legal development, 17 individuals, including the co-founder of Infosys and a former director of the Indian Institute of Science (IISc), have been booked under the Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act, 1995.
Scst Atrocities ActInfosysIiscNarayana MurthyP BalaramReal Estate MumbaiJan 28, 2025
The Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act, 1995, is a law in India aimed at preventing offenses against members of the Scheduled Castes and Scheduled Tribes and providing relief and rehabilitation to victims.
The accused include the co-founder of Infosys, Narayana Murthy, and the former director of IISc, Prof. P. Balaram, along with 15 other individuals.
The allegations include verbal abuse, denial of promotions, and other forms of mistreatment against a Scheduled Caste employee in the workplace.
The Karnataka Police conducted a thorough investigation, interviewed witnesses, collected evidence, and decided to book the 17 individuals under the SC/ST Atrocities Act.
Both organizations issued statements expressing their commitment to ensuring a fair and unbiased workplace and their willingness to cooperate with the investigation.
The government's move to amend the long-term capital gains tax regime is likely to drive investment and enhance sales across housing segments.
In 2024, the Indian real estate market continued its transformative journey, driven by a growing middle class and an influx of investments. This year saw a significant shift towards luxury housing, priced between Rs 10 lakhs and Rs 20 lakhs, becoming the
Alexandria Real Estate Equities (NYSE: ARE), a prominent real estate investment trust (REIT) focusing on life sciences properties, is facing significant headwinds in the current market. Despite its robust portfolio, the company must address supply issues
Signature Global, a prominent player in the real estate sector with a market capitalization of ₹15,278.43 crore, has faced a year of challenges, with its shares declining by nearly 14%. In a recent interview, the CEO shed light on the company's strategies
Explore the latest housing market trends in India, where Chennai stands out as the most affordable city, followed by Kolkata. Discover the average launch prices in the top 9 cities and what this means for buyers and investors.
Maharashtra Chief Minister Devendra Fadnavis has called for the timely completion of over 30 key infrastructure projects in the state, emphasizing the importance of these developments for economic growth and improved quality of life.