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You are here: Home / Archives for Corporate governance

Corporate governance

Kerala transport corporation MD alleges Rs 100-crore scam

January 17, 2021 by auto.economictimes.indiatimes.com

KSRTC) Biju Prabhakar on Saturday levelled a series of allegations against a section of employees of the corporation. He alleged financial irregularities to the tune of Rs 100 crore had taken place during 2012-15. Speaking to reporters, he said certain employees were allegedly involved in pilfering diesel from the depots and tampering with ticket-vending machines. Prabhakar, a senior IAS officer, further said there was corruption in the local purchase of spare parts for the vehicles of the corporation. "There are 28,114 employees, some of whom skip duty after registering attendance. There are many engaged in ginger, coffee cultivation, some in private tutoring. However, we do not intend to dismiss anyone instead they will be re-assigned," he said. He said those opposing the purchase of CNG buses for the corporation were engaged in looting diesel. "An internal audit of the corporation found misappropriation of around Rs 100 crore during the 2012-15 and action will be taken against the … [Read more...] about Kerala transport corporation MD alleges Rs 100-crore scam

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China threatens Australia with a ‘counterstrike’ after government condemned Beijing’s assault on democracy in Hong Kong

January 16, 2021 by www.dailymail.co.uk

April 26: Chinese ambassador Cheng Jingye hints at a boycott of Australian wine and beef and says tourists and students might avoid Australia 'while it's not so friendly to China'. Canberra dismisses the threat and warns Beijing against 'economic coercion'.  … [Read more...] about China threatens Australia with a ‘counterstrike’ after government condemned Beijing’s assault on democracy in Hong Kong

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Baton Rouge, New Orleans area People in Business for Jan. 17, 2021

January 17, 2021 by www.theadvocate.com

He has served as special counsel since joining the firm in 2016. Overby is an estate planning and administration specialist, focusing his practice in the areas of estate, tax and property planning, including succession administration and fiduciary litigation. The New Orleans native graduated from Tulane University Law School. He received his Masters in Taxation and Certificate in Employee Benefits Law from Georgetown University Law Center. … [Read more...] about Baton Rouge, New Orleans area People in Business for Jan. 17, 2021

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Woman who drove 100 miles to McDonald’s with sister for burger meal fined £200

January 13, 2021 by www.mirror.co.uk

Chief constable Rachel Swann said: "Two fixed penalty notices that were handed to two women who had travelled to Foremark Reservoir on Thursday have been withdrawn and we have notified the women directly, apologising for any concern caused. … [Read more...] about Woman who drove 100 miles to McDonald’s with sister for burger meal fined £200

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Delhi govt aims to reduce 5MT carbon emissions

January 17, 2021 by auto.economictimes.indiatimes.com

Delhi government believes that by improving the transport system as well as reducing traffic jams, harmful particles such as PM10 and PM2.5 which cause air pollution could be reduced by up to 5 million tonnes.Delhi's public transport system and electric vehicle policy could prove to be a significant step in this direction. The Electric Vehicle policy focuses on making electric vehicles to 25 per cent by 2024 whereas till now this number is just 0.2 per cent. The clarity about the necessary measures to be taken for the transformation of electric vehicles has enabled the Delhi government to take concrete decisions.Delhi's Electric Vehicle Policy would reduce carbon emissions by 4.8 million tonnes by 2024, said Jasmin Shah, Vice-Chairman of the Delhi Dialogue and Development Commission.At the same time, to make the public transport system more effective, the Delhi government is adding 1,000 low floor AC buses to the Delhi Transport Corporation (DTC) bus fleet. The new fleet of buses would … [Read more...] about Delhi govt aims to reduce 5MT carbon emissions

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