Search results for ' Acquisition'

Can We Fight China, Pakistan With What We Have?

Can We Fight China, Pakistan With What We Have?

Rediff.com30 Nov 2024

Everybody talks of China as the real threat, but we aren't even building a decisive capability against Pakistan, asserts Shekhar Gupta.

SC recalls 2022 verdict on benami law as unconstitutional

SC recalls 2022 verdict on benami law as unconstitutional

Rediff.com18 Oct 2024

Allowing the Centre's review of the August 23, 2022 verdict, a bench Chief Justice of India DY Chandrachud, Justices PS Narasimha and Manoj Misra recalled the judgement delivered by a three-judge bench headed by former CJI NV Ramana.

Godrej Properties to gain from strong land portfolio, demand outlook

Godrej Properties to gain from strong land portfolio, demand outlook

Rediff.com3 Dec 2024

Expansion of its development portfolio, brokerage upgrades, and strong outlook have led to a 15 per cent gain for the stock of real estate major Godrej Properties (GPL) in six trading sessions. The company recently acquired a 53-acre land parcel in Joka, Kolkata with an estimated development potential of 1.3 million square feet of saleable area with an estimated revenue potential of Rs 500 crore.

Blue Economy Needs Strong Navy Protection

Blue Economy Needs Strong Navy Protection

Rediff.com7 Jan 2025

Naval assets take years to build, and therefore, not only is futuristic force planning essential, but indigenous projects must also be put into the pipeline, technologies developed and contracts for assets signed regularly so that the Indian Navy always remains a future-focussed force, asserts Vice Admiral Biswajit Dasgupta (retd).

ATMs to loans: All eyes on the road for finance world

ATMs to loans: All eyes on the road for finance world

Rediff.com6 Jan 2025

In the Union Budget for Financial Year 2023-24 (FY24), Finance Minister Nirmala Sitharaman had held forth on the need for better governance and investor protection in the banking sector. She had proposed certain amendments to the Reserve Bank of India Act (RBI Act), 1934; the Banking Regulation Act (BR Act), 1949; and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.

Ratan Tata admitted to hospital, says no cause for concern

Ratan Tata admitted to hospital, says no cause for concern

Rediff.com7 Oct 2024

Ratan Naval Tata, a prominent industrialist, philanthropist, and former Chairman of Tata Sons, has been admitted to the intensive care unit (ICU) at Breach Candy Hospital in Mumbai, reports Mid-Day newspaper.

Equity boom spurs shareholder activism

Equity boom spurs shareholder activism

Rediff.com9 Dec 2024

Punit Goenka, the former director of Zee Entertainment Enterprises, is not the only one who lost his board seat due to shareholders' activism last fortnight. In recent past, institutional shareholders of several companies, including Nestle and Wipro, have pushed back against board proposals by taking an aggressive stance while voting.

UK's richest 10% took half of wealth from India during colonialism

UK's richest 10% took half of wealth from India during colonialism

Rediff.com20 Jan 2025

The United Kingdom extracted USD 64.82 trillion from India over a century of colonialism between 1765 and 1900 and USD 33.8 trillion of this went to the richest 10 per cent -- enough money to carpet London in notes of 50 British pound almost four times over.

HIL: Olympic superstar Owsley signs for Delhi Pipers

HIL: Olympic superstar Owsley signs for Delhi Pipers

Rediff.com2 Nov 2024

Delhi SG Pipers on Saturday announced the acquisition of England's woman hockey midfielder and superstar Lily Owsley for the upcoming season of Hockey India League (HIL).

Punjab DGP, MHA director meet fasting farmer leader Dallewal

Punjab DGP, MHA director meet fasting farmer leader Dallewal

Rediff.com15 Dec 2024

The Punjab Police chief, Gaurav Yadav, and a senior officer from the Ministry of Home Affairs, Mayank Mishra, visited fasting farmer leader Jagjit Singh Dallewal at the Khanauri border point between Punjab and Haryana. They enquired about his health and heard his demands. Dallewal has been on a fast-unto-death since November 26 to press the Centre to accept the agitating farmers' demands, including a legal guarantee of MSP on crops. The visit came after the Supreme Court directed the Centre and Punjab government representatives to meet Dallewal and provide him medical help.

Bitcoin at $100,000: Milestone likely to boost Indian investors' rush

Bitcoin at $100,000: Milestone likely to boost Indian investors' rush

Rediff.com6 Dec 2024

The recent Bitcoin rally, which saw the cryptocurrency surge past the $100,000 mark on Thursday, is drawing Indian investors in droves. Cryptocurrency platforms in India are experiencing a significant uptick in activity and user sign-ups, driven by the optimism surrounding "crypto-friendly" Donald Trump's US presidential election victory.

Will Trump's Tariffs Threat Bite India?

Will Trump's Tariffs Threat Bite India?

Rediff.com9 Dec 2024

The impact of Trump's announcement of increasing import tariffs will have negligible benefit for India not because of companies trying to shift from China to other countries or their supply chains being affected due to their Chinese operations but because of our faulty policies, explains Mudit Jain.

101 farmers to continue march towards Delhi

101 farmers to continue march towards Delhi

Rediff.com7 Dec 2024

Punjab farmer leader Sarwan Singh Pandher said on Saturday that they have not received any message from the Centre for talks to address their issues and said a group of 101 farmers will again begin their march to Delhi on December 8.

Rediff appoints Infibeam's Vishal Mehta as CMD

Rediff appoints Infibeam's Vishal Mehta as CMD

Rediff.com3 Oct 2024

Rediff.com, one of India's pioneering internet companies, on Tuesday announced the appointment of Mr Vishal Mehta as its new Chairman and Managing Director. This key leadership change follows Infibeam Avenues Ltd's acquisition of a majority stake in Rediff.com.

Budget 2025: What states want from Sitharaman

Budget 2025: What states want from Sitharaman

Rediff.com20 Dec 2024

Finance ministers of states demanded an increase in allocation under 50-year interest-free loan scheme, while fiscally stressed states like Punjab and Kerala pitched for a special package and borrowing flexibility, sources said on Friday. In a pre-budget meeting with Union Finance Minister Nirmala Sitharaman, states have also urged for higher borrowing limits to support fiscal activities, besides additional funds for Jal Jeevan Mission.

Farmers to defy prohibitory orders, march to Delhi

Farmers to defy prohibitory orders, march to Delhi

Rediff.com6 Dec 2024

A 'jatha' of 101 farmers will embark on a foot march to Delhi at 1 pm on Friday from the Shambhu border protest site, farmer leader Sarwan Singh Pandher said on Thursday.

IPL 2025: Meet The Rajasthan Royals Squad

IPL 2025: Meet The Rajasthan Royals Squad

Rediff.com26 Nov 2024

The Rajasthan Royals entered the IPL 2025 auction with a strategic approach, carefully balancing retention and acquisition.

How IAF plans to strengthen 'depleted' squadron

How IAF plans to strengthen 'depleted' squadron

Rediff.com18 Dec 2024

The Indian Air Force (IAF) has seen a reduction in fighter squadrons due to the phasing out of ageing MiG-21, MiG-23 and MiG-27 aircraft. The Parliamentary Standing Committee on Defence acknowledged the "shortage" and highlighted the multi-pronged approach being taken to address it. This includes the induction of indigenous Tejas fighters and the procurement of additional LCA Mk-1A aircraft. The report also addresses concerns over "incidences of spying" within the IAF and details the action taken against those involved.

How Bank of India Plans To Counter Deposit Woes

How Bank of India Plans To Counter Deposit Woes

Rediff.com28 Nov 2024

A grooming branch network for servicing HNIs is a stepping stone for a full-fledged wealth management business.

PayU Payment's acquisition of BillDesk gets CCI nod

PayU Payment's acquisition of BillDesk gets CCI nod

Rediff.com5 Sep 2022

Competition Commission of India (CCI) on Monday granted its approval for the acquisition of 100 per cent equity of indiaideas.com (BillDesk) by PayU Payments. The proposed combination relates to the acquisition of 100 per cent of the equity share capital of India Ideas Ltd (IIL) by PayU India. In a tweet on Monday, CCI said it approved, "acquisition of 100% of the equity share capital of IndiaIdeas.com (BillDesk) by PayU Payments."

Max Healthcare stock in the pink of health

Max Healthcare stock in the pink of health

Rediff.com3 Oct 2024

Shares of healthcare services major Max Healthcare Institute have gained over 23 per cent since the start of this month and the stock crossed the Rs 1 trillion mark on September 24. On September 25, it closed 989.85 apiece at the NSE. The gains were cornered on the back of a strong outlook for the sector and aggressive expansion plans for the chain led by acquisitions and organic growth.

Farmers marching to Delhi tear-gassed; Haryana suspends internet

Farmers marching to Delhi tear-gassed; Haryana suspends internet

Rediff.com6 Dec 2024

A 'jatha' of 101 farmers Friday began its foot march to Delhi from their protest site at Shambhu border, but was stopped a few metres away by a multilayered barricading.

Delhi Capitals-Hampshire Deal: Meet The Midwife!

Delhi Capitals-Hampshire Deal: Meet The Midwife!

Rediff.com1 Oct 2024

Hampshire became the first county championship club to be owned by an overseas franchise.

Bullet train: Land acquisition completed except for Godrej plot, Maha tells HC

Bullet train: Land acquisition completed except for Godrej plot, Maha tells HC

Rediff.com21 Nov 2022

The state government and the company are embroiled in a legal dispute since 2019 over the acquisition of the company-owned land in Vikhroli for the bullet train project.

'Judgment Is A Constitutional Earthquake'

'Judgment Is A Constitutional Earthquake'

Rediff.com21 Nov 2024

'It has changed the political character of India by ejecting socialism as an ideology from the Constitution of India.'

Events that shaped Indian businesses in 2024

Events that shaped Indian businesses in 2024

Rediff.com1 Jan 2025

Unprecedented bribery charges, farewells, separation, failed union, monumental mergers and record-breaking IPOs, along with a healthy dose of online happenings in the form of spat and lessons in customer care, corporate India saw it all in 2024.

Explained: Supreme Court's Property Judgment

Explained: Supreme Court's Property Judgment

Rediff.com14 Nov 2024

'A rigid or overly broad interpretation could lead to a chilling effect on investments and growth in sectors traditionally driven by private initiative.' 'Entrepreneurs may fear that their assets could be arbitrarily appropriated by the State under the guise of serving the 'common good' without sufficient legal safeguards.' 'The judgment thus supports a more nuanced view, one that balances individual property rights with public welfare objectives.'

IPL 2025: Meet The Delhi Capitals Squad

IPL 2025: Meet The Delhi Capitals Squad

Rediff.com26 Nov 2024

The Delhi Capitals have made significant strides in their pursuit of IPL glory, assembling a formidable squad for the 2025 season.

Fasting farmer leader advised hospitalisation

Fasting farmer leader advised hospitalisation

Rediff.com16 Dec 2024

Jagjit Singh Dallewal, a 70-year-old Punjab farmer leader, is on his 21st day of a hunger strike demanding the Indian government address farmers' concerns, including a legal guarantee of MSP on crops. His health has deteriorated, and doctors have recommended immediate hospitalization. However, Dallewal, a cancer patient, has refused medical treatment.

Farmer leader Dallewal's fast-unto-death enters Day 17, condition worsens

Farmer leader Dallewal's fast-unto-death enters Day 17, condition worsens

Rediff.com13 Dec 2024

Dallewal has been on a fast-unto-death at the Khanauri border since November 26 to press the Centre to accept demands including a legal guarantee to the MSP on crops.

Why BJP Is A Divided House In Karnataka

Why BJP Is A Divided House In Karnataka

Rediff.com16 Dec 2024

The BJP may be in the Opposition in many states, but nowhere is it as divided as it is in Karnataka, points out Aditi Phadnis.

Anlakhya, India's Defence Game Changer

Anlakhya, India's Defence Game Changer

Rediff.com28 Nov 2024

IIT Kanpur has announced a breakthrough in stealth technology, which would make tanks and fighter aircraft invisible, or near-invisible to enemy radar.

Heavy security arrangements in place ahead of farmers' Delhi march

Heavy security arrangements in place ahead of farmers' Delhi march

Rediff.com5 Dec 2024

A group of 101 farmers will march to Delhi on Friday from the Shambhu border protest site, farmer leader Sarwan Singh Pandher has said. The march will begin at 1 p.m. and the group will face heavy police and security presence. The farmers are demanding a legal guarantee for minimum support price of crops, a farm debt waiver, pension for farmers and farm labourers, no hike in electricity tariff, withdrawal of police cases and "justice" for the victims of the 2021 Lakhimpur Kheri violence. The farmers have been camping at the Shambhu and Khanauri border points between Punjab and Haryana since February 13 after their march to Delhi was stopped by security forces.

Non-bailable warrant against MUDA 'scam' complainant

Non-bailable warrant against MUDA 'scam' complainant

Rediff.com2 Oct 2024

Krishna was unable to attend the court on Tuesday as he had to appear before the Lokayukta police following a notice issued to him by the investigation officers probing the MUDA site allotment case against Karnataka Chief Minister Siddaramaiah and others, sources close to him said.

Land acquisition process for cheetah safari near Kuno underway, says official

Land acquisition process for cheetah safari near Kuno underway, says official

Rediff.com17 Sep 2023

Environment ministry is organising various programmes at Sesaipura related to Project Cheetah.

Ready to pay entire money to lenders, if...: Byju

Ready to pay entire money to lenders, if...: Byju

Rediff.com17 Oct 2024

Troubled edtech firm Byju's founder Byju Raveendran on Thursday said that he is willing to pay back the entire money to lenders if they are willing to work with him. During a two-and-a-half-hour call with the media, Raveendran said that lenders will not get any money if the process of insolvency against the company continues. "If they are willing to work with me, I am willing to give them money back before I take a single rupee out.

Farmers won't resume march, to decide next course of action on Tuesday

Farmers won't resume march, to decide next course of action on Tuesday

Rediff.com9 Dec 2024

Punjab farmer leader Sarwan Singh Pandher said no 'jatha' (group) of farmers will resume their foot march to Delhi on Tuesday. The farmers suspended their march after some were injured in teargas shelling by Haryana security personnel. Pandher accused the Centre of being confused on how the protesters should proceed to the national capital, citing contradictory statements from different ministers. He also criticized the government's lack of response to the hunger strike of farmer leader Jagjit Singh Dallewal, which has entered its 14th day.

Debt-funded acquisitions can put pressure on Adani ratings: S&P

Debt-funded acquisitions can put pressure on Adani ratings: S&P

Rediff.com25 Aug 2022

Richest Indian Gautam Adani's group, which has grown on acquisitions, has fairly solid fundamentals but debt-funded future acquisitions can start putting pressure on ratings, S&P Global Ratings said on Thursday. Starting out as a commodities trader in 1988, the Adani group has diversified from mines, ports and power plants into airports, data centres and defence. It recently forayed into the cement sector with a $10.5 billion acquisition of Holcim's India units and is also looking to set up an aluminium factory. Most of this expansion has been funded by debt.

Cong, BJP spar over Manmohan Singh's funeral site

Cong, BJP spar over Manmohan Singh's funeral site

Rediff.com28 Dec 2024

The Congress on Saturday accused the Centre of insulting Dr Manmohan Singh, the country's first Sikh prime minister, by carrying out his last rites at the Nigambodh Ghat instead of a designated spot that could later become his memorial.

Blinkit vs Instamart: Chasing a moving target in quick commerce race

Blinkit vs Instamart: Chasing a moving target in quick commerce race

Rediff.com6 Dec 2024

Competition in the fast-growing quick commerce sector is heating up as Swiggy Instamart faces a tough challenge in narrowing the gap with Blinkit, which currently dominates the market. In the second quarter (Q2) of 2024-25 (FY25), Instamart's gross order value (GOV) rose by 42.1 per cent quarter-on-quarter (Q-o-Q) and 75.5 per cent year-on-year (Y-o-Y), reaching Rs 3,382 crore.