
Daily Newsletter | Wednesday, September 03, 2014 | | SC orders builder to repay Rs 33 crore maintenance fees | Dealing a blow to builders who don’t deliver on promises, the Supreme Court has asked a developer in Gurgaon to refund residents Rs 33.38 crore -- 70% of the maintenance fees it had collected since 2002 – for failing to provide the amenities it had committed to at the time of purchase. |
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| Taxis on strike in Kolkata today | More than 30,000 taxis will go off the road on Wednesday as both the Aituc-affiliated Calcutta Taxi Operators Union (CTOU) and the Citu-affiliated West Bengal Taxi Workers’ Union (WBTWU) have called for a strike. |
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| | | Feel-good factor, strong data push sensex past 27,000 | Expectations that the Narendra Modi-led government will help reverse a slowing economy and perk up investments, which in turn could boost corporate earnings, powered the sensex past the 27K mark for the first time in its history on Tuesday. |
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Sikka’s 2 SAP colleagues to join Infosys | Two of Vishal Sikka’s closest colleagues at SAP are joining Infosys, marking the company’s first major external appointments since Sikka took over as CEO in August. |
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Enter equities in a calibrated manner | The equity markets are having a good run after underperforming for more than six years with the sensex crossing the 27,000 mark for the first time and the nifty nearing 8100. |
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| Biggest nude photo leak sparks fear and fury | A hacker, who claims to have intimate pictures of more than 100 female celebrities gathered over a period of time, released some on Monday, including at least 60 of Jennifer Lawrence’s, promising more for money. |
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