Paramount Global has agreed to sell its 13 per cent stake in its Indian TV business to Reliance Industries for Rs 4,286 crore, the Indian firm said on Thursday. In a stock exchange filing, Reliance said it has signed a binding agreement with two subsidiaries of Paramount Global to acquire 13.01 per cent equity stake of Viacom 18 Media Private Limited held by Paramount Global. Similarly, in a filing on the US Securities and Exchange Commission (SEC), Paramount Global said the closing of the transaction is subject to the satisfaction of certain customary conditions, including receipt of applicable regulatory approvals, as well as the completion of a previously announced joint venture involving Reliance, Viacom18 and Star Disney.
Describing the DAD as the "guardian of defence finance", he emphasised the need to bolster the internal vigilance mechanism so that any suspicious activity can be detected and reviewed immediately.
In response to a question about whether US citizens should be concerned about a nuclear war breaking out, Biden said "no."
The mesmerizing march included elite marching contingents, missiles, warplanes, surveillance gadgets and lethal weapon systems, with French President Emmanuel Macron gracing the occasion as the chief guest.
"Under the CO-JEET" plan, personnel of the three wings of the armed forces -- the Army, the Indian Air Force and the Navy -- have been pressed into service to help restore oxygen supply chains, set up COVID beds and provide help to the civilian administration in its fight to control the pandemic," said the Lt General, whose post of deputy chief integrated defence staff (medical) comes under the Chief of Defence Staff.
Sanjay Bhandari, an accused arms dealer wanted in India on money laundering and tax evasion charges, is pursuing a separate legal battle of his own in France over an alleged unpaid cut from a large Indian defence contract dating back over 10 years, according to a UK media report.
According to the peculiar facts of the case, the six policemen of Jalgaon called three tenants including Vijaykumar Vishwanath Dhawale and Vinod Dodhu Chaudhary to a police station on March 9, 2022 and kept them under detention for 24 hours.
India also went on an overdrive in expanding its military engagement with like-minded countries in its neighbourhood and beyond in the face of China's relentless attempts to become a regional hegemon and establish its primacy in South Asia.
Check out the winners of the Sony World Photography Awards 2024. Now in its 17th year, the World Photography Organisation's awards ceremony is a major annual moment recognising the best photography in the world, celebrating the images and stories that have resonated with global audiences over the past year.
'Cracking the exam is 99 per cent hard work and persistence and maybe 1 per cent luck.'
Spurred by Chirag Jani's a five-wicket haul, defending champions Saurashtra scripted their first knockout win of the season with a 238-run thrashing of Vidarbha on the third day of their Ranji Trophy Elite Group A match in Nagpur on Sunday.
Himachal Pradesh right-arm fast bowler Arpit Guleria will replace injured pacer Mayank Yadav in the Lucknow Super Giants squad for the remainder of the Indian Premier League, the organisers announced on Saturday.
Six rioters were killed in the violence that broke out over the demolition of an illegally built madrasa, officials said Friday as curfew remained enforced in Uttarakhand's Haldwani town.
Going by the RBI directive and the overall narrative, Paytm may have lost the rigour of stress tests, audits and compliance.
At least three Israelis were killed and six others injured when Palestinian gunmen opened fire at a bus stop in Jerusalem, breaking an uneasy peace in the city since the outbreak of the current round of violence in the region.
Diwali fireworks are expected to continue on Dalal Street next week, with four companies collectively seeking to mobilise over Rs 6,600 crore through initial public offerings (IPOs). In terms of the amount raised, this is poised to be the busiest week of calendar year 2023. Tata Technologies (Tata Tech), a subsidiary of Tata Motors, could lead the charge with an IPO projected to be over Rs 2,900 crore. This will mark the first maiden share sale by a Tata Group firm in nearly two decades.
Prime Minister Narendra Modi made a pitch for electing a strong and stable government in an uncertain world beset by geopolitical tensions as the Bharatiya Janata Party on Sunday released its manifesto, prioritising development and welfare while shunning populist measures and contentious issues like the National Register of Citizens (NRC).
A round-up of the Ranji Trophy matches played on Monday.
Which entrepreneur would willingly part with her or his hard-earned money for grasping, self-serving politicians? asks Debashis Basu.
RCB head coach Andy Flower too was happy with the acquisitions.
The talent is in plenty in this squad and if this machine runs smoothly, a sixth IPL trophy will be at touching distance for Thala and Co.
Meet these Inspiring Lady Soldiers who made history this year.
Alternative Investment Funds (AIFs) with a lock-in period performed better than the ones that allow investors to withdraw capital at any time. Close-ended schemes had a median return of 5.62 per cent in December, according to data from industry tracker PMSBazaar. The median returns for open-ended schemes were 3.91 per cent
In response to a question in Lok Sabha, Minister of State for Defence Ajay Bhatt said that the Army has the maximum shortage of 7,791 officers followed by 1,557 in the Indian Navy and 572 in the Indian Air Force.
Ivraj Kaur and Prabhsimran Kaur, alumni of Mai Bhago Armed Forces Preparatory Institute (AFPI) for girls in Mohali, were commissioned as flying officers from the Air Force Academy in Dundigal and Hyderabad.
Shivam Dube continued his recent streak of form with a counter-attacking fifty that proved to be the cornerstone of Mumbai's excellent 330 for six against Bengal
Bright dreams of a new journey, desperation to stage a comeback and desire to rediscover old glory will be the dominant themes of this season's Ranji Trophy that begins at various centres across the country from Friday.
The scaling up of the India-US strategic partnership to the level of non-NATO ally with defence deals, sharing and transfer of defence technology, interoperability, joint collaboration and joint production of defence equipment has exacerbated Moscow's anxiety, notes Rup Narayan Das.
According to officials in the know of the development, the findings of a Court of Inquiry and his conviction and sentencing were confirmed by the higher Army authorities on November 11 as required under the law.
In a bid to provide a level playing field, the government has decided not to levy 2 per cent digital service tax if goods and services are sold through Indian arm of foreign e-commerce players.
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
Of the 156 choppers, 66 would be inducted by the Indian Air Force while the rest 90 would be acquired by the Indian Army.
The 27-year-old, who has been sidelined since he fractured his hand in February, was originally meant to serve 21 months but earned an exemption when he led South Korea to gold at the 2018 Asian Games.
Vijay Iyer, a resident of Jamaalpura, has been risking his own safety by offering free sanitisation service, especially in the containment areas of Bhopal city. Armed with his sanitising equipment, Iyer, a trained electrician who also runs a puncture repair shop, travels to different localities in the capital city of Madhya Pradesh.
As protests against the new military recruitment scheme Agnipath continue to rage across states, National Security Advisor Ajit Doval on Tuesday said in the future we are heading towards a scenario where there will be contactless wars against invisible enemies and the country needs a young fit and agile army.
Special Protection Group (SPG) director Arun Kumar Sinha died in a Gurugram hospital on Wednesday. He was 61.
The step has been taken to promote and strengthen common identity and approach in service matters amongst senior leadership beyond the boundaries of regiments, officials said.
The Army has decided that brigadiers and above rank officers will have a common uniform from August 1 irrespective of their parent cadre and appointment, military sources said on Tuesday.
Saurashtra's veteran left-arm spinner Dharmendrasinh Jadeja bagged his 22nd five-wicket haul as the defending champions scored an innings and 243-run victory against Manipur to move into the Ranji Trophy quarterfinals from Group A in Rajkot on Sunday.
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