Tag: recommends

  • Infosys posts Rs 24,108 crore net, recommends dividend of Rs 17.50

    Infosys posts Rs 24,108 crore net, recommends dividend of Rs 17.50

    [ad_1]

    Bengaluru: Software major Infosys Ltd on Thursday said it had closed FY23 with a higher net profit of Rs 24,108 crore.

    The company said it had earned a revenue of Rs 146,767 crore for FY23 against Rs 121,641 crore in the previous year and a net profit of Rs 24,108 crore against Rs 22,146 crore in the previous year./

    The company closed the fourth quarter of FY23 with a revenue of Rs 37,441 crore (previous year Rs.32,276 crore) and a net profit of Rs 6,134 crore (Rs 5,695 crore).

    MS Education Academy

    According to Infosys, as on March 31, 2023 it had a headcount of 343,234 employees (software 324,816) up from 314,015 employees (software 297,859).

    The company’s board has recommended a final dividend of Rs.17.50 per equity share for the year ended March 31.

    Subscribe us on The Siasat Daily - Google News

    [ad_2]
    #Infosys #posts #crore #net #recommends #dividend

    ( With inputs from www.siasat.com )

  • Parliamentary Panel Recommends Fresh Mapping Of Dal Lake

    [ad_1]

    SRINAGAR: A parliamentary panel has recommended to the JK Union Territory administration to conduct fresh mapping of Dal Lake.

    In its report, the department-related parliamentary standing committee on Ministry of Home Affairs has recommended to the UT administration to conduct fresh mapping of Dal Lake.

    “The Committee recommends that the UT administration may conduct fresh mapping of Dal Lake to get an understanding about the percentage of the lake’s water which is relatively clean or severely degraded. This will help the UT administration to make a conservation plan for Dal Lake as well as in removing encroachments,” reads the report which was tabled in the Parliament during the ongoing budget session.

    The panel has recommended that the cleaning of the water-body should be completed within a time frame. “Additional allocations, if required, may be sought from the Ministry of Finance at the Revised Estimates(RE) stage for this purpose,” the report states.

    Briefing the panel about the steps taken for the restoration of Dal-Nagin lake, the UT Administration on Feb 16, 2023 informed them that the  work for the preservation of both the water bodies spread over an area of 25.01 sq. km. and in the catchment area of 337.17 sq. km has been undertaken in a mission mode.

    “Numerous other steps including de-weeding and lake cleaning on a large scale have been taken up for the conservation of the lake to restore it to its pristine glory,” the JK administration told the panel.

    In 2022-23, the Ministry of Home Affairs allocated Rs 273 crore for the rehabilitation of the Dal-Nagin Lake.

    The committee, in its report, said that it notes that while Rs 273 crores was sanctioned in BE 2022-23, the UT administration has not provided details regarding its utilization.

    The panel observed that there are large number of encroachments in the Dal lake area.

    “Weeds, silt and untreated sewage are increasingly choking the beautiful lake, which draws tens of thousands of tourists each year. The waste discharge from houseboats also adds to the pollution in the lake. The committee observes that the visible outcome of the projects are yet to be seen,” the report further states. (KNO)

    [ad_2]
    #Parliamentary #Panel #Recommends #Fresh #Mapping #Dal #Lake

    ( With inputs from : kashmirlife.net )

  • SC collegium recommends 19 additional judges of 3 HCs to be made permanent

    SC collegium recommends 19 additional judges of 3 HCs to be made permanent

    [ad_1]

    New Delhi: The Supreme Court collegium, headed by Chief Justice of India D.Y. Chandrachud, on Wednesday recommended appointment of five additional judges of the Madras High Court, four additional judges of the Bombay High Court, and 10 additional judges of the Allahabad High Court as permanent judges.

    The collegium, in a statement, said: “The Collegium resolves to recommend that (1) Justice Sundaram Srimathy (2) Justice D. Bharatha Chakravarthy (3) Justice R. Vijayakumar (4) Justice Mohammed Shaffiq & (5) Justice J. Sathya Narayana Prasad, Additional Judges be appointed as Permanent Judges of the Madras High Court against the existing vacancies.”

    “On 21 November 2022, the Collegium of the Madras High Court unanimously recommended the above-named five Additional Judges for appointment as Permanent Judges of that High Court. The Chief Minister and the Governor of Tamil Nadu have concurred with the recommendation.”

    In another statement, it said: “The Collegium resolves to recommend that Justices (1) Rajesh Narayandas Laddha, (2) Sanjay Ganpatrao Mehare, (3) Govinda Ananda Sanap, and (4) Shivkumar Ganpatrao Dige, Additional Judges, be appointed as Permanent Judges of the High Court of Bombay against the existing vacancies.”

    The collegium, also comprising Justices S.K. Kaul and K.M. Joseph, said it has scrutinised and evaluated the material placed on record including the observations made by the Department of Justice in the file.

    “In order to ascertain the fitness and suitability of the above-named Additional Judges for being appointed as Permanent Judges, consultation was held in terms of the Memorandum of Procedure with Judges of the Supreme Court conversant with the affairs of the High Court of Bombay. The Committee constituted in terms of the Resolution dated 26 October 2017 of the Supreme Court Collegium to assess the judgments of the above-named Additional Judges, has submitted its report,” said the statement published on the apex court website.

    In another statement, the collegium said: “The Collegium resolves to recommend that S/Shri Justices (1) Chandra Kumar Rai, (2) Krishan Pahal, (3) Sameer Jain, (4) Ashutosh Srivastava, (5) Subhash Vidyarthi, (6) Brij Raj Singh, (7) Shree Prakash Singh, (8) Vikas Budhwar, (9) Om Prakash Tripathi, and (10) Vikram D. Chauhan, Additional Judges, be appointed as Permanent Judges of the High Court of Judicature at Allahabad against the existing vacancies.”

    In a separate statement, the collegium recommended that Justice Amit Sharma, Additional Judge, be appointed as a Permanent Judge of the High Court of Delhi against an existing vacancy.

    [ad_2]
    #collegium #recommends #additional #judges #HCs #permanent

    ( With inputs from www.siasat.com )

  • SC collegium recommends appointment of CJs of high courts

    SC collegium recommends appointment of CJs of high courts

    [ad_1]

    New Delhi: The Supreme Court collegium headed by Chief Justice of India D Y Chandrachud has recommended the appointment of the chief justices of the high courts of Patna, Himachal Pradesh, Gauhati and Tripura.

    The three-member collegium has recommended the name of Justice K Vinod Chandran of the Kerala High Court for appointment as the chief justice of the Patna High Court and Justice Sabina as the chief justice of the Himachal Pradesh High Court.

    The collegium, also having Justices S K Kaul and K M Joseph, met on February 7 and recommended the name of Justice Aparesh Kumar Singh for appointment as the chief justice of the Tripura High Court.

    It recommended the appointment of Justice Sandeep Mehta as the chief justice of the Gauhati High Court.

    The collegium resolutions uploaded on the apex court website said that the office of the chief justice of the Patna High Court has fallen vacant recently, consequent upon elevation of Justice Sanjay Karol as a judge of the top court.

    The collegium said Justice Chandran, who is the senior-most judge of the Kerala High Court, was appointed as a judge on November 8, 2011 and is due to retire on April 24, 2025.

    “The collegium has previously resolved to appoint Justice K Vinod Chandran as chief justice of the Gauhati High Court. Since the date of that recommendation, the position of chief justices in a number of other high courts has fallen vacant, consequent of retirement and elevation of the incumbent chief justices as judges of the Supreme Court,” it said.

    “Having regard to the above circumstances, the collegium resolves to recall its earlier recommendation for appointment of Justice K Vinod Chandran as chief justice of the Gauhati High Court and resolves to recommend that he be appointed as chief justice of the High Court of Judicature at Patna, as he is fit and suitable for the same,” said the resolution.

    Justice Sabina, whose parent high court is Punjab and Haryana, is currently the acting chief justice of the Himachal Pradesh High Court.

    The collegium noted that the office of the chief justice of the Himachal Pradesh High Court has fallen vacant recently, consequent upon the retirement of Justice AA Sayed and therefore, appointment to that office is required to be made.

    Justice Sabina was appointed as judge on March 12, 2008 and is due to retire on April 19 this year.

    The collegium noted that by its separate resolution, it has proposed the appointment of Justice Jaswant Singh, senior most puisne judge of the Punjab and Haryana High Court as the chief justice of the Tripura High Court.

    It said Justice Singh is due to retire on February 22, 2023.

    The collegium further said it had already recommended Justice Rajesh Bindal, the first in order of seniority among the judges from the Punjab and Haryana High Court (presently Chief Justice of the High Court of Judicature at Allahabad), for appointment as a judge of the Supreme Court.

    “In this backdrop, having regard to the seniority of Justice Sabina, the collegium resolves to recommend that she be appointed as chief justice of the High Court of Himachal Pradesh as she is fit and suitable in all respects for the same,” it said.

    The resolution for appointment of the chief justice of the Tripura High Court said, “The collegium, therefore, resolves to recommend that upon the retirement of Justice Jaswant Singh, Justice Apresh Kumar Singh be appointed as the Chief Justice of the Tripura High Court.”

    It noted that office of the chief justice of the Tripura High Court has been lying vacant for some time, consequent upon retirement of Justice Indrajit Mahanty and therefore, appointment to that office is required to be made.

    The collegium said that by its resolution dated January 25, 2023, the collegium has recommended the appointment of Justice Jaswant Singh, presently the senior most judge in the Orissa High Court, as chief justice of the Tripura High Court.

    The resolution said the collegium has already recommended the transfer of Justice Aparesh Kumar Singh from the Jharkhand High Court to the Tripura High Court.

    It noted that the state of Jharkhand is unrepresented among the chief justices of high courts.

    Justice Aparesh Kumar Singh was appointed as a judge on January 24, 2012 and is set to retire on July 6, 2027.

    For the Gauhati High Court, the collegium said the office of its chief justice has fallen vacant recently, consequent upon retirement of Justice R M Chhaya.

    The collegium said Justice Mehta, a judge of the Rajasthan High Court, was appointed on May 30, 2011 and is due to retire on January 10, 2025.

    “The Rajasthan High Court is unrepresented among the chief justices of the high courts. The collegium has previously resolved to appoint Justice K Vinod Chandran as chief justice of the Gauhati High Court. The collegium vide a separate resolution, has recommended appointment of Justice K Vinod Chandran as chief justice of the High Court of Judicature at Patna,” it said.

    “Considering the above position, the collegium resolves to recommend the appointment of Justice Sandeep Mehta as chief justice of the Gauhati High Court as he is fit and suitable for the same,” it said.

    [ad_2]
    #collegium #recommends #appointment #CJs #high #courts

    ( With inputs from www.siasat.com )

  • SC Collegium recommends elevation of Allahabad, Gujarat HC chief justices to apex court

    SC Collegium recommends elevation of Allahabad, Gujarat HC chief justices to apex court

    [ad_1]

    New Delhi: The Supreme Court Collegium Tuesday recommended to the Centre the names of Allahabad High Court Chief Justice Rajesh Bindal and Gujarat High Court Chief Justice Aravind Kumar for elevation as apex court judges.

    While all six members of the Collegium, led by CJI DY Chandrachud, were unanimous in recommending the name of Justice Bindal, Justice K M Joseph had reservation on the name of Justice Kumar, according to a resolution uploaded on the apex court website.

    The apex court, which has a sanctioned strength of 34 judges including the CJI, is functioning with 27 Judges presently.

    “The resolution of the Collegium in regard to the appointment of Mr Justice Rajesh Bindal, Chief Justice of the High Court of Judicature at Allahabad, is unanimous. However, in regard to the appointment of Mr Justice Aravind Kumar, Chief Justice of the High Court of Gujarat, Justice K M Joseph has expressed his reservations on the ground that his name can be considered at a later stage,” the resolution said.

    Besides the CJI and Justice Joseph, the Collegium also comprises Justices S K Kaul, M R Shah, Ajay Rastogi and Sanjiv Khanna.

    The Collegium had on December 13 recommended five judges — Justice Pankaj Mithal, Chief Justice, Rajasthan High Court; Justice Sanjay Karol, Chief Justice, Patna High Court; Justice P V Sanjay Kumar, Chief Justice, Manipur High Court; Justice Ahsanuddin Amanullah, Judge, Patna High Court; and 5. Justice Manoj Misra, Judge, Allahabad High Court — for elevation to the apex court.

    The Centre is yet to accept and notify these names, and the Collegium clarified on Tuesday these judges “shall have precedence over these two names recommended presently for appointment to the Supreme Court”.

    “Therefore, the appointments of five judges recommended on December 13, 2022 should be notified separately and earlier in point of time before the two judges recommended by this resolution,” the Collegium said on Tuesday.

    In its meeting held on Tuesday, the Collegium said, it deliberated on the names of chief justices and senior puisne judges of high courts eligible for appointment to the Supreme Court.

    “Judgments authored by those falling in the zone of consideration for elevation to the Supreme Court were circulated among the members of the Collegium for a meaningful discussion on and assessment of their judicial acumen,” it said.

    The four-page resolution said the Collegium carefully evaluated the merit, integrity and competence of “eligible Chief Justices and senior puisne Judges of the High Courts”.

    The Collegium also took note of the facts regarding “accommodating a plurality of considerations” while deciding the names of Justice Bindal and Justice Aravind Kumar for judgeship in the apex court.

    Justice Bindal was appointed as a Judge of the Punjab and Haryana High Court on March 22, 2006 and became the Chief Justice of the Allahabad High Court on October 11, 2021.

    “Mr Justice Bindal stands at Serial No. 02 in the combined All-India-seniority of High Court Judges. He is the senior most Judge hailing from the Punjab and Haryana High Court.

    “While recommending his name, the Collegium has taken into consideration the fact that the Punjab and Haryana High Court which is one of the largest High Courts with a sanctioned strength of eighty-five judges is not adequately represented on the Bench of the Supreme Court. The High Court of Punjab and Haryana is a common High Court for two States,” the resolution said.

    Justice Aravind Kumar was appointed as an Additional Judge of the Karnataka High Court on June 26, 2009 and was made a permanent Judge on December 7, 2012.

    “He was elevated as Chief Justice of the High Court of Gujarat on 13 October 2021. Mr Justice Aravind Kumar stands at Sl. No.26 in the combined All-India-seniority of High Court Judges,” the resolution said.

    While recommending his name, the Collegium is “conscious of the fact that in the seniority of Judges hailing from the Karnataka High Court, Mr Justice Aravind Kumar stands at Sl. No.02”, it said, adding that at present, the apex court is represented by two Judges from the Karnataka High Court.

    The resolution said while recommending the two names, the Collegium has taken into consideration the seniority of Chief Justices and senior puisne Judges in their respective parent High Courts as well as overall seniority of the High Court Judges.

    The resolution said there was a need to ensure diversity and inclusion in the Supreme Court by ensuring “the representation of High Courts which are not represented or are inadequately represented” in the top court.

    It said the Collegium, besides gender diversity and representation of minorities, also considered that “persons from marginalized and backward segments of society” are recommended for judgeship.

    [ad_2]
    #Collegium #recommends #elevation #Allahabad #Gujarat #chief #justices #apex #court

    ( With inputs from www.siasat.com )