Chairperson

2023 - 3 - 3

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Image courtesy of "Economic Times"

A correction good for IT companies, staff: Nasscom chairperson (Economic Times)

Krishnan Ramanujam said it is as bad a judgment call for an employee to take steep salary hikes for no discernible reason as it is for an employer to offer ...

[Subscribe](https://economictimes.indiatimes.com/subscription?newslettertype=div_3125&email=2&utm_source=newsletter&utm_medium=email&utm_campaign=DailyTop5)to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox. It is a good thing for the industry and for the companies. “Each company is independently managed, they have their own management teams and board of directors and all. [technology](https://economictimes.indiatimes.com/tech)and [startup news](https://economictimes.indiatimes.com/tech/startups)that matters. “I wouldn't rule it (layoffs and salary corrections) out. It is a good thing for employees. Both aberrations are not normal,” he said. Nasscom is at best a body that is chartered to be the spokesperson for the industry (and) to act as a bridge between the industry and the stakeholders,” he said. [Decathlon in Talks with Indian Govt to Sell Other Brands](/epaper/delhicapital/2023/mar/02/et-front/decathlon-in-talks-with-indian-govt-to-sell-other-brands/articleshow/98345091.cms) [GST Mopup Rises 12% to ₹1.5 Lakh Crore in Feb](/epaper/delhicapital/2023/mar/02/et-front/gst-mopup-rises-12-to-1-5-lakh-crore-in-feb/articleshow/98345099.cms) [Indian technology sector is set to slow down to 8.4% to touch $245 billion in FY23.](https://economictimes.indiatimes.com/tech/technology/indian-tech-sector-to-grow-8-4-in-fy23-to-245-billion-nasscom/articleshow/98329731.cms) “Hopefully both (businesses and employees) will realize the folly of what they have done, and it will not repeat (that).

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Image courtesy of "The Indian Express"

'Large volume of pending cases': Appoint chairperson, PMLA ... (The Indian Express)

The Delhi High Court noted that there was 'clearly a dire need' for multiple benches of the PMLA appellate authority to function simultaneously.

“There are no grounds that have been raised in this case for exercise of the extraordinary writ jurisdiction under Article 226,” the high court held. Perusing Section 6(7), the high court said that only at the “time of hearing in any matter”, if the chairperson or member feels, then the chairperson may assign a two-member bench for hearing of the case. It, therefore, cannot be said that a bench consisting of one member cannot adjudicate the dispute until and unless a special case is made out for transfer to a bench of two members,” the high court said.

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