However, former Infosys CFO Mohandas Pai disagreed with Bikhchandani and said Musk is doing a great service to the US.
Mohandas Pai's remarks come at a time when the central government has been improving taxpayer services as part of broader reforms to streamline the tax-filing process.
Pai said the finance ministry should immediately intervene and that such tax terrorism impacts investment into India in a big way.
Pai also strongly criticised the party for its "wealth distribution" promise in its poll manifesto and hailed the Narendra Modi-led government for the solid growth and development of the Indian economy in the past decade
Justice Dutta wrote a separate, 18 page-judgement, in which he stated that “certain vested groups” are endeavouring to undermine the nation’s accomplishments, “earned through hard work and dedication”.
TV Mohandas Pai, who agrees with NR Narayana Murthy’s 70-hour workweek recommendation, has now shared data to back the statement.
TV Mohandas Pai asked Abhijit Iyer-Mitra to 'shut up' after his tweet on NR Narayana Murthy's 70-hour workweek recommendation for youngsters.
Apex IT association Nasscom, in a statement, said since this is an evolving situation, it will continue to engage with stakeholders to track any potential areas of impact that may need support.
Byju's move to constitute a new advisory committee and rope in Pai and Kumar comes just a few weeks after its three key board members and its auditor resigned.
The ministry issued this clarification in response to a tweet by TV Mohandas Pai, who shared Moneycontrol's exclusive column on the microblogging site explaining how delay in crediting interest dents the retirement corpus of the subscribers
Wipro chairman Rishad Premji has described moonlighting as "cheating - plain and simple".
Bengaluru needs 5 corporations, each to be governed by a separate mayor, he says
Pai was furious that the central bank does not even respond to letters from the industry, forcing companies to hire accounting firms to get the job done.
According to Pai, the board itself should have stepped in and asked Grover to take a break and apologise publicly to the Kotak Group employee whom he was heard abusing and threatening in a leaked audio clip.
This new initiative would require companies to meet additional disclosure requirements to provide for higher quality of public information and greater transparency, NSE said.
More companies should raise public money and look to grow fast at this stage, said TV Mohandas Pai, the chairman of Aarin Capital Partners
The comments come in the wake of the scrutiny at Infosys following yet another whistleblower allegation on the veracity of the accounts, and chairman Nandan Nilekani's assertions that even god cannot change the accounts at Infy.
"West Bengal has to first change its image first. The change of image is happening now, but it needs to be seen whether this change is sustainable or not", Pai told PTI on the sidelines of Horasis Asia meeting here today.
Stating that time has now come to tackle the sources of black money after demonetisation, the former Chief Financial Officer of IT major Infosys Ltd said registration charges on land and property across India annually are estimated at around Rs 1 lakh crore.
On the impact of President-elect Donald Trump, Brexit and possible trade barriers on Indian IT, the technology investor said he expects it to be "very marginal".
The Indian IT industry today leaned on US President-elect Donald Trump's business credentials to hope he would not push through with his pre-election anti-outsourcing rhetoric, given the key role the sector plays in keeping American economy competitive.
YES Bank MD and CEO says the new Reserve Bank Governor should go beyond focusing on consumer price index as the anchor of monetary policy and must also take into account wholesale price index.
The venture fund will invest in early-stage product innovation startups, seed funding of up to Rs 3 crore and subsequent co-investment at series A stage of up to Rs 5 crore, a statement said.
"Pai has agreed to send us a draft startup policy. We already have startups. We will refine and will move forward, and make West Bengal and Kolkata startup capital of India," he said.
According to a poll, the government still enjoys high approval ratings from corporate India. The two areas where there is clearly some displeasure include maiden Budget and a continuation of tax uncertainty.