Search results for ' Acquisition'

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.

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.

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.

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.

Anita Kishore, Brain behind Byju's Acquisitions

Anita Kishore, Brain behind Byju's Acquisitions

Rediff.com31 Aug 2021

Byju's, says Anita Kishore, has given the founders of the businesses it has acquired the independence to operate separately and maintain their core culture.

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.

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.

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.

'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.'

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.

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.

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.

'Best acquisition of a player ever'

'Best acquisition of a player ever'

Rediff.com22 Jun 2022

'Great to catch up with my good friend Christopher Henry Gayle, the Universe Boss.'

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.

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.

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.

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.

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.

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.

Explained: Tax Changes On Property Sales

Explained: Tax Changes On Property Sales

Rediff.com25 Jul 2024

Maintain a proper record of documents that can act as proof of the cost of acquisition of the property, cost of improvements made to the property, expenses related to transfer of the property (like brokerage and registration charges). These will come in handy in case of a dispute with the taxman.

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.

Tata Motors cuts prices of EVs by up to Rs 3 lakh

Tata Motors cuts prices of EVs by up to Rs 3 lakh

Rediff.com10 Sep 2024

Tata Motors on Tuesday said it has reduced prices of its electric vehicle model range by up to Rs 3 lakh. The Mumbai-based automaker said it has reduced the price of Nexon EV by up to Rs 3 lakh, Punch EV by 1.2 lakh, and Tiago EV by Rs 40,000.

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.

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.

What Does RBI Want To Discuss With Private Banks?

What Does RBI Want To Discuss With Private Banks?

Rediff.com4 Nov 2024

Senior bankers anticipate discussions on issues related to technology, cyber security, and customer protection.

HUL gets Rs 963 cr Income Tax demand notice

HUL gets Rs 963 cr Income Tax demand notice

Rediff.com28 Aug 2024

Leading FMCG maker HUL said that it has received a demand notice of Rs 962.75 crore from the Income Tax Department and will go in for an appeal against the order. The notice relates to non-deduction of TDS on payment of Rs 3,045 crore to GlaxoSmithKline Consumer Healthcare (GSKCH) for the acquisition of Intellectual Property Rights of the Health Foods Drinks (HFD) business consisting of brands as Horlicks, Boost, Maltova, and Viva, according to a recent exchange filing.

Time We Understood America's Game

Time We Understood America's Game

Rediff.com13 Dec 2024

Sections of our media and elites take Western reports/judgements at face value and are ready to condemn the targets without understanding the deeper power linkages behind such actions, asserts Colonel Anil A Athale (Retd).

Construction of 2 nuke submarines okayed: Navy chief

Construction of 2 nuke submarines okayed: Navy chief

Rediff.com3 Dec 2024

The government has approved the construction of two indigenously designed nuclear attack submarines and is expected to ink contracts next month to procure 26 naval variant of Rafale jets and three Scorpene submarines, Navy Chief Admiral Dinesh Tripathi said on Monday.

Adani Group aims to become leader in cement sector in 4 years

Adani Group aims to become leader in cement sector in 4 years

Rediff.com22 Jun 2024

Ambuja Cements' announcement that it would acquire Hyderabad-based Penna Cement Industries could be the Adani Group company's first step for wider inorganic expansion, according to analysts.

RBI turned down request to appoint ex-CBI official on board: Religare

RBI turned down request to appoint ex-CBI official on board: Religare

Rediff.com25 Oct 2024

Religare Enterprises, a financial services firm, has disclosed that the Reserve Bank of India (RBI) turned down its application to appoint Rakesh Asthana as its whole-time director in May this year without citing any reasons. Asthana is a former top official of the Central Bureau of Investigation (CBI). In a notice to the stock exchanges, Religare said that while the company and Asthana were weighing the options of dealing with the letter of refusal by the RBI, it was also busy in preparing for the "herculean task" of making ready multiple applications to regulators.

With Paytm deal, Zomato spices up growth menu

With Paytm deal, Zomato spices up growth menu

Rediff.com31 Aug 2024

Food delivery platform Zomato has laid the foundation for its third vertical of growth by agreeing to acquire Paytm's entertainment and ticketing business, said analysts on Thursday (August 22). Zomato, which also runs a quick commerce business called Blinkit, will strengthen its 'going out' offering but the acquisition may take time to yield results, they said. "Paytm's entertainment and ticketing arm will be part of Zomato's District app, which is due to be launched in the coming weeks.

Farmers tear-gassed after offering tea, flower shower; several hurt

Farmers tear-gassed after offering tea, flower shower; several hurt

Rediff.com8 Dec 2024

A group of 101 farmers resumed their foot march to Delhi on Sunday to press the Centre for various demands, including a legal guarantee for Minimum Support Price (MSP). However, they were stopped at the barricading by Haryana Police who cited a prohibitory order clamped by the Ambala administration. The farmers have been pressing for various demands, including a legal guarantee for MSP, a farm debt waiver, pension for farmers and farm labourers, no hike in electricity tariff, withdrawal of police cases (against farmers), and "justice" for the victims of the 2021 Lakhimpur Kheri violence. Reinstatement of the Land Acquisition Act, 2013 and compensation to the families of farmers who died during the previous agitation in 2020-21 are also part of their demands.

'When the market is good, you have to capitalise on it'

'When the market is good, you have to capitalise on it'

Rediff.com29 Nov 2024

'Within India, people want high-quality, personalised banking services, and the demand for such services has exploded.'

Mahayuti Win Will Boost Adani's Dharavi Plan

Mahayuti Win Will Boost Adani's Dharavi Plan

Rediff.com23 Nov 2024

The Opposition had promised to scrap the Dharavi redevelopment project if it came to power. With the Mahayuti's massive mandate in the Maharashtra assembly election, that prospect has been laid to rest.

Govt announces Critical Mineral Mission to boost domestic output

Govt announces Critical Mineral Mission to boost domestic output

Rediff.com23 Jul 2024

The government on Tuesday proposed to launch a mission to give fillip to the domestic output of critical minerals like copper and lithium, their recycling as well as acquisition of such assets abroad. Presenting Union Budget for 2024-25, Finance Minister Nirmala Sitharaman also said the government will launch the auction of the first round of offshore mining blocks.

Swiggy launches Rs 11,330-cr IPO

Swiggy launches Rs 11,330-cr IPO

Rediff.com30 Oct 2024

Food delivery app Swiggy on Wednesday launched a Rs 11,330-crore initial share sale, asking investors to take a pie of Indian middle class' rising propensity of online ordering. The company, which is present in over 650 cities and towns of the country, is launching the initial public offering (IPO) amid heightened concerns on urban demand slump, and the management stressed that it is unaffected by the broader trends in the economy. "We are also reading about it, but we are not seeing that yet in the business... So far, we have not seen the impact of demand on our business," its chief financial officer Rahul Bothra said.

Rs 11K crore IPO in sight, Swiggy projects quick commerce as the future

Rs 11K crore IPO in sight, Swiggy projects quick commerce as the future

Rediff.com4 Nov 2024

On the cusp of launching its Rs 11,327 crore initial public offering (IPO) next week, food and grocery delivery major Swiggy believes quick commerce to be its future growth engine and anticipates that it will outpace its core food delivery business over the next five years. Currently, the quick commerce business of Swiggy - backed by Prosus and SoftBank - is 40 per cent of the size of its food delivery revenues.

Fema tweaks on the cards to allow FPIs to seamlessly access FDI route

Fema tweaks on the cards to allow FPIs to seamlessly access FDI route

Rediff.com31 Aug 2024

The government is planning to introduce legislative changes to the Foreign Exchange Management Act (Fema) regulations, with a focus on easing the pathway for inflows from a foreign portfolio investor to transition seamlessly into foreign direct investments (FDI) once the FPI surpasses the 10 per cent ownership threshold in a company. This move stems from multiple requests by foreign investors seeking to streamline the reporting requirements that arise when their stakes in Indian firms cross the 10 per cent mark.