Unmarried woman denied job on assumption of marriage in future: Gujarat High Court sets aside ‘appointment tainted by favoritism’

The petitioner approached the High Court seeking quashing of the appointment order and her own appointment based on merit. (AI image) In a strongly worded decision that upheld the constitutional right to equality in the public employment, the Gujarat High Court ruled that refusal to employ an unmarried woman on the assumption that she might…

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Anthropic Claude Code tool impact: IBM share price crashes most in 25 years; may see biggest monthly fall in almost 60 years

IBM share price crash (AI image) IBM share price crash: Anthropic’s latest business move has hit shares of International Business Machines Corp or IBM hard. The stock tumbled on Monday after artificial intelligence startup Anthropic announced that its Claude Code tool can assist in upgrading COBOL, an aging programming language predominantly operated on IBM systems.In…

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IDFC shares slump 16% on Rs 590cr fraud

MUMBAI: On a day its stock slid 16%, IDFC First Bank said it will remain profitable despite a Rs 590-crore hit from fraudulent transactions in Haryana govt-linked accounts, traced to employee collusion at its Chandigarh branch. On a conference call, the bank’s CEO V Vaidyanathan said the bank has appointed KPMG for a forensic audit…

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Revised PMS regulations by mid-2026: Sebi chief

SEBI Chairman Tuhin Kanta Pandey MUMBAI: Markets regulator Sebi is in the process of reviewing and revamping the regulations for the portfolio management services industry, and a new set of regulations is expected to be in place by mid-2026, Tuhin Kanta Pandey, chairman, Sebi said Monday.The Sebi chief also said that internally its top officials…

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