Search results for ' Acquisition'

Jolt to Asaram ashram as HC rejects plea over land acquisition

Jolt to Asaram ashram as HC rejects plea over land acquisition

Rediff.com5 Feb 2026

The Gujarat High Court dismissed a plea by Asaram's ashram in Ahmedabad, allowing the government to acquire land for sports infrastructure development ahead of the Commonwealth Games 2030.

Open offers highest since 2008 as acquisition, takeover attempts surge

Open offers highest since 2008 as acquisition, takeover attempts surge

Rediff.com29 Dec 2025

Open offers this calendar year, following attempts at acquisition and takeover, came in at more than two a week. There were 121 such open offers to acquire additional shares following a substantial acquisition or change of control, shows the data compiled by primedatabase.com.

HC sets aside Sabarimala airport land acquisition process

HC sets aside Sabarimala airport land acquisition process

Rediff.com21 Dec 2025

The Kerala high court has set aside crucial stages of the land acquisition process for the proposed Sabarimala greenfield airport, holding that the state failed to properly assess the minimum land actually required for the project.

Adani Group plans to revive Formula 1 at Buddh Circuit

Adani Group plans to revive Formula 1 at Buddh Circuit

Rediff.com3 days ago

The Adani Group is exploring strategies to revive Formula 1 racing at the Buddh International Circuit in Greater Noida, with Karan Adani expressing strong interest in bringing the sport back to India.

Vadhvan Port: Landowners to get Rs 2 crore per hectare

Vadhvan Port: Landowners to get Rs 2 crore per hectare

Rediff.com7 days ago

The district administration has announced compensation details for people affected by the Vadhvan Port project in Palghar, Maharashtra, with agricultural land receiving over Rs 2 crore per hectare on average.

Asha Sharma Takes Charge Of Xbox

Asha Sharma Takes Charge Of Xbox

Rediff.com2 days ago

Microsoft on Friday named Indian-origin Asha Sharma Executive Vice President and CEO of Microsoft Gaming, handing her control of the Xbox business.

Gains for HUL depend on pace of growth recovery

Gains for HUL depend on pace of growth recovery

Rediff.com3 days ago

Hindustan Unilever Limited's (HUL's) standalone revenue grew 4.4 per cent year-on-year (Y-o-Y), while volume rose 3.5 per cent during the third quarter of financial year 2026 (FY26).

'GST rate cuts are beginning to translate into higher consumption'

'GST rate cuts are beginning to translate into higher consumption'

Rediff.com6 Feb 2026

'Despite a challenging FMCG environment, ITC Foods has grown at or above the industry rate.'

India to buy 114 Rafale jets in largest-ever arms push

India to buy 114 Rafale jets in largest-ever arms push

Rediff.com12 Feb 2026

The Indian Defence Ministry has approved the procurement of 114 Rafale fighter jets from France, a significant step towards bolstering the Indian Air Force's combat capabilities. The decision comes ahead of French President Emmanuel Macron's visit to India.

Operation Sindoor Inspires Rise In Defence Budget

Operation Sindoor Inspires Rise In Defence Budget

Rediff.com4 Feb 2026

'If you go by the capital expenditure, this is a good defence budget. But we will have to see if the government can keep defence spending at 2 per cent or higher in 2027-2028.'

Tata Sons Delays Decision on Chandrasekaran's Third Term

Tata Sons Delays Decision on Chandrasekaran's Third Term

Rediff.com1 days ago

The Tata Sons board has deferred a decision on the re-appointment of Natarajan Chandrasekaran as Chairman, signaling potential differences within the group. Concerns were raised about losses in certain group companies and the listing of Tata Sons.

Norms on investments from China can be eased in calibrated way: Goyal

Norms on investments from China can be eased in calibrated way: Goyal

Rediff.com7 hours ago

India may adopt a "calibrated" and a "step-by-step" approach to easing norms on investments originating from China, Union Commerce and Industry Minister Piyush Goyal said on Tuesday. He was in a conversation with A K Bhattacharya on Day 1 of Business Standard's two-day annual event, Manthan 2026. The minister said foreign direct investment (FDI) from China was certainly not "banned", but it goes through an approval process. "The government's approach at the moment is to accelerate the approval process."

'Can I Escape Capital Gain Tax, If...?'

'Can I Escape Capital Gain Tax, If...?'

Rediff.com17 Feb 2026

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

Maha cabinet clears land policy for 'third Mumbai' push

Maha cabinet clears land policy for 'third Mumbai' push

Rediff.com10 Feb 2026

The Maharashtra cabinet has approved a land acquisition and allotment policy for development projects in the 'Third Mumbai' area near the Mumbai Trans Harbour Link (Atal Setu), along with other key infrastructure and development initiatives across the state.

RBI proposes to allow banks to fund acquisitions

RBI proposes to allow banks to fund acquisitions

Rediff.com25 Oct 2025

Banks will be able to give loans to Indian companies for acquiring the entire equity stake or a controlling part of it in domestic or foreign firms as strategic investment that creates long-term value rather than for short-term financial restructuring if the Reserve Bank of India's (RBI's) draft circular, issued on Friday, comes to fruition.

No toll plaza queues anywhere in India by yearend, says Gadkari

No toll plaza queues anywhere in India by yearend, says Gadkari

Rediff.com2 hours ago

'Within six months I expect petrol, diesel, and electric vehicles (EVs) to reach cost parity,' says Union Minister for Road Transport and Highways Nitin Gadkari.

Pvt-funded highway construction model highest priority: Gadkari

Pvt-funded highway construction model highest priority: Gadkari

Rediff.com6 hours ago

On the back of an aggressive asset monetisation push, the government will press the throttle on the build-operate-transfer (BOT) model - under which private developers fund highway construction - for future highway development, Union Minister for Road Transport and Highways Nitin Gadkari said.

Green signal for Rs 22,000 cr Mumbai-Navi Mumbai airport Metro project

Green signal for Rs 22,000 cr Mumbai-Navi Mumbai airport Metro project

Rediff.com27 Jan 2026

The Maharashtra Cabinet Infrastructure Committee has approved a 35-km Metro project to connect the Mumbai and Navi Mumbai international airports at a cost of over Rs 22,000 crore.

Relaxed ECB norms may lift foreign borrowings by Indian companies

Relaxed ECB norms may lift foreign borrowings by Indian companies

Rediff.com5 days ago

The easing of external commercial borrowing (ECB) norms by the Reserve Bank of India (RBI) is expected to significantly boost overseas fundraising by Indian companies, market participants said.

SBI open to collaborate with foreign banks on acquisition finance: Chairman

SBI open to collaborate with foreign banks on acquisition finance: Chairman

Rediff.com4 Nov 2025

The country's largest lender SBI is open to collaborating with foreign banks once the Reserve Bank makes it possible for local banks to do acquisition finance, its chairman CS Setty said on Tuesday. Speaking to reporters, weeks after the central bank announced its intent to allow Indian banks to fund companies for executing domestic acquisitions, Setty acknowledged that the "MNC (multinational companies) banks" are dominant in the space.

Sensex up 174 points on gains in bank, IT stocks

Sensex up 174 points on gains in bank, IT stocks

Rediff.com17 Feb 2026

Stock markets closed higher for the second straight session on Tuesday, driven by gains in bank, IT and capital goods shares.

National Herald case: HC to hear ED plea against Gandhis on Mar 9

National Herald case: HC to hear ED plea against Gandhis on Mar 9

Rediff.com6 days ago

The Delhi High Court has scheduled a hearing for March 9 on the Enforcement Directorate's plea challenging a trial court order that refused to acknowledge its chargesheet against Congress leaders Sonia and Rahul Gandhi in the National Herald money laundering case.

Rajnath May Approve Rs 2.70 Trillion Rafales Today

Rajnath May Approve Rs 2.70 Trillion Rafales Today

Rediff.com12 Feb 2026

If approved, the fighters would help the IAF to build its reducing squadrons, especially after the MiG-21 was decommissioned last year.

India, France eye mega deal for missiles used in Operation Sindoor

India, France eye mega deal for missiles used in Operation Sindoor

Rediff.com11 Feb 2026

The SCALP missiles were launched by the Indian Air Force Rafale fighter jets along with the BrahMos supersonic cruise missiles to take out the terrorist headquarters in Muridke and Bahawalpur districts of Pakistan.

Lessons from Operation Sindoor: Defence budget up by 15%

Lessons from Operation Sindoor: Defence budget up by 15%

Rediff.com1 Feb 2026

In 2025-26, the government allocated Rs 6,81,210 crore for defence budget.

Why Billionaires Are Fighting for IPL Teams

Why Billionaires Are Fighting for IPL Teams

Rediff.com17 Feb 2026

The business value of the league, popularly called the IPL, surged to a record $18.5 billion last year, U.S.-based investment bank Houlihan Lokey says.

EU's Emergency Summit On Trump, Greenland

EU's Emergency Summit On Trump, Greenland

Rediff.com23 Jan 2026

EU leaders convened an emergency summit in Brussels to address transatlantic tensions as President Trump threatened new tariffs on member States linked to his Greenland acquisition demands.

Commission structure in life insurance sector may change

Commission structure in life insurance sector may change

Rediff.com8 Jan 2026

The committee formed under the Life Insurance Council to review the commission structure in the life insurance sector has recommended capping distributor commissions or deferring them to ease acquisition costs. The recommendations will be sent to the insurance regulator -- Insurance Regulatory and Development Authority of India (Irdai).

India's services sector growth touches 2-month high in Jan

India's services sector growth touches 2-month high in Jan

Rediff.com4 Feb 2026

India's services sector growth rose to a two-month high of 58.5 in January, on faster expansion in new business intake and output, prompting service providers to hire additional staff, a monthly survey said on Wednesday.

Strong order book, outlook to support defence stocks

Strong order book, outlook to support defence stocks

Rediff.com26 Jan 2026

The Defence Acquisition Council (DAC) has recently approved procurement proposals worth Rs 79,000 crore across three services and it has cleared AoN (Acceptance of Necessity) of Rs 3.3 trillion in financial year 2026 (FY26).

Army Lags Behind Navy And IAF In Capital Spending

Army Lags Behind Navy And IAF In Capital Spending

Rediff.com27 Jan 2026

The army has been behind the other two forces in capex since FY21.

Indra Nooyi's Career Advice For Women

Indra Nooyi's Career Advice For Women

Rediff.com29 Jan 2026

'Women must prioritise financial security.'

Why 2026 Is Crucial Year For India's Military

Why 2026 Is Crucial Year For India's Military

Rediff.com14 Jan 2026

'The tools of warfare are changing. The MoD must deepen its engagement with technology thinkers that can present compelling visions of where warfare may be heading.'

One-time costs drag TaMo CV net profit; wholesales rise 20%

One-time costs drag TaMo CV net profit; wholesales rise 20%

Rediff.com30 Jan 2026

Tata Motors' commercial-vehicle (CV) business reported a 48 per cent year-on-year decline in net profit to Rs 705 crore in Q3FY26, even as profit before tax (PBT) rose 65 per cent to Rs 2,568 crore.

Bajaj Finserv completes Allianz's stake buyout in its insurance arms

Bajaj Finserv completes Allianz's stake buyout in its insurance arms

Rediff.com9 Jan 2026

Bajaj Finserv on Thursday said it has completed the acquisition of Allianz SE's stake in Bajaj General Insurance and Bajaj Life Insurance, worth Rs 12,190 crore and Rs 9,200 crore, respectively. Bajaj Finserv, along with Bajaj Holdings & Investment and Jamnalal Sons, acquired the foreign insurer's 23 per cent stake in the businesses, marking the largest transaction in the Indian insurance sector.

HCLTech counts on M&As to add 1.5% to revenue

HCLTech counts on M&As to add 1.5% to revenue

Rediff.com14 Jan 2026

HCLTech expects its recent large acquisitions to contribute about 1.5 per cent to revenue in 2026-27 (FY27), Chief Executive Officer and Managing Director C Vijayakumar said, as the company looks to build newer revenue streams in a subdued macroeconomic environment.

Realty to get indirect push from Budget proposals

Realty to get indirect push from Budget proposals

Rediff.com3 Feb 2026

The government's Budget announcements providing tax holiday for data centres, setting up of city economic regions (CERs) and funding to improve infrastructure in Tier-II and -III cities may give an indirect boost to India's realty sector, said industry executives.

Strong demand drivers likely to cushion TaMo

Strong demand drivers likely to cushion TaMo

Rediff.com31 Jan 2026

A pickup in freight rates, rising fleet utilisation and a long-awaited replacement cycle are breathing fresh life into India's commercial vehicle (CV) market, strengthening the investment case for Tata Motors' CV arm (TMCV). Despite a broadly steady December quarter (Q3) performance, brokerages remain divided on whether the upswing is strong enough to offset margin pressures.

Nirmala Sitharaman: 'Prime Minister Modi Does Not Tolerate Gaming Of The System'

Nirmala Sitharaman: 'Prime Minister Modi Does Not Tolerate Gaming Of The System'

Rediff.com9 Feb 2026

'Grassroots-level corruption, which disrupts the last-mile work, cannot be ignored in your enthusiasm and drive to get going to complete the project.' 'Like it was in MGNREGA, in some states, it is the case with the Jal Jeevan mission.' 'The last minute levels of corruption can ruin the intent of the project itself.' 'When you see that people can game a particular well-intended and well-crafted project, you need to correct that.'

3.84 Trillion Spent On These Weapons...

3.84 Trillion Spent On These Weapons...

Rediff.com2 Jan 2026

The largest tranche came in July, in the wake of Operation Sindoor, with the DAC according acceptance of necessity -- or initial approval -- for 10 capital acquisition proposals amounting to approximately 1.05 trillion through indigenous sourcing.