Search results for 'torrent'

'The bus was torn into by a torrent of bullets'

'The bus was torn into by a torrent of bullets'

Rediff.com2 Aug 2023

The team heard a loud crackle. Then the scream came from Dilshan at the front of the bus. 'Get down.' Jayawardene was hit first; his sock filled with blood. Outside, twelve gunmen blocked the exit. A revealing excerpt from Nicholas Brookes's An Island's Eleven: A History of Cricket in Sri Lanka.

618 Drugs 'Not Of Standard Quality'

618 Drugs 'Not Of Standard Quality'

Rediff.com9 Dec 2024

Among the commonly used analgesic formulations (painkillers) found NSQ are combinations of paracetamol with ibuprofen, diclofenac and mefenamic acid. Medications using these combinations are commonly used to treat fever, mild migraine, period and muscle pain.

One Month Of Trump: The World Is In Shock

One Month Of Trump: The World Is In Shock

Rediff.com20 Feb 2025

The US is currently Earth's most powerful country and a certain latitude of understanding -- a world view -- is popularly expected from its leadership. From a country identified with freedom, constitution, debate, democracy and the likes of Abraham Lincoln even as it had the most powerful military around, the US, following Trump's actions, seemed repositioned as militarily powerful with other qualities secondary, observes Shyam G Menon.

'A Comeback In Sanju Style'!

'A Comeback In Sanju Style'!

Rediff.com13 Oct 2024

'This is not just a 100, this is an emotion.'

Lower input costs may aid pharma firms' Q2 margins

Lower input costs may aid pharma firms' Q2 margins

Rediff.com21 Oct 2024

Analysts are expecting pharmaceutical companies to post sales growth of 10-11 per cent in the second quarter this financial year while the Ebitda (earnings before interest, tax, depreciation, and amortisation) margins are anticipated to improve by about 110 basis points. Ebitda improvement will be led by lower input costs because prices of active pharmaceutical ingredients (APIs) are 5-15 per cent lower year-on-year (Y-o-Y). Axis Capital said sales growth would be around 10 per cent, of which growth in the India market would be 11 per cent or so.

Who Are India's Newest Billionaires?

Who Are India's Newest Billionaires?

Rediff.com11 Oct 2024

The collective wealth of the 100 richest went past $1 trillion for the first time.

The Legend That Was Pritish Nandy

The Legend That Was Pritish Nandy

Rediff.com9 Jan 2025

He was colourful. He was dramatic. He was The Master of His Craft. There never will be an editor as versatile as Pritish Nandy, notes Nikhil Lakshman.

BGT: Race to replace Cameron Green heats up

BGT: Race to replace Cameron Green heats up

Rediff.com25 Oct 2024

The debate over the vacant slot at the top of the Australia batting order continues to captivate the nation's sports media a month before the opening clash in a blockbuster five-Test series against India.

Torrent eyes stake in Dahej SEZ

Torrent eyes stake in Dahej SEZ

Rediff.com31 Jul 2007

The Torrent Group company is aiming at over 20 per cent equity in the Dahej SEZ which also has a Rs 13,500 crore (Rs 135 billion) integrated petrochemical complex coming up in south Gujarat.

Hindujas' RCap buy faces further delay

Hindujas' RCap buy faces further delay

Rediff.com24 May 2024

Mauritius-based IndusInd International Holdings and other Hinduja group entities are expected to make payments worth Rs 9,661 crore for the acquisition of bankrupt Reliance Capital (RCap) only after getting all the legal and regulatory clearances, including from the Supreme Court, thus delaying the closure of the transaction. A source close to the development said that according to the National Company Law Tribunal (NCLT) order dated February 27, the payment for the acquisition was to be made within 90 days from the NCLT's approval of the resolution plan and after receiving all legal and regulatory clearances.

What An Innings, Nitish Reddy!

What An Innings, Nitish Reddy!

Rediff.com29 Dec 2024

It was a proper Test innings, it was of the highest class, and given the circumstances it came in, it was one of the best innings by an Indian batsman in recent memory, applauds Prem Panicker.

Torrent to buy Pfizer co in Germany

Torrent to buy Pfizer co in Germany

Rediff.com27 Jun 2005

Ahmedabad-based pharma company Torrent Pharmaceuticals is to acquire a Pfizer Group company, Heumann Pharma in Germany engaged in marketing of generic medicines.

The man who ran Kickass Torrents arrested in Poland

The man who ran Kickass Torrents arrested in Poland

Rediff.com21 Jul 2016

Artem Vaulin, 30, has been accused of distributing over $1 billion (approximately Rs 6, 750 crore) worth of illegal content.

How companies show electoral donations in annual reports

How companies show electoral donations in annual reports

Rediff.com20 Mar 2024

A reading of the reports suggests that there is no standard practice for reporting political contributions and it is left to the company's discretion to report them as they find fit.

Torrent, Rel bid for power distribution in Agra

Torrent, Rel bid for power distribution in Agra

Rediff.com25 Feb 2009

The financial bids will be opened on Wednesday along with the technical bids for Bareilly. Torrent had quoted highest rates at Rs 2.17 per unit, followed by JUSCO at Rs 2.16 per unit for Kanpur.

Cipla on the block: Who's a better fit and what it means for shareholders?

Cipla on the block: Who's a better fit and what it means for shareholders?

Rediff.com21 Sep 2023

India's third-largest pharmaceutical company by revenue, Cipla, is up for grabs in a three-way fight between Torrent Pharmaceuticals, Dr Reddy's Laboratories (DRL) and private equity (PE) giant Blackstone. Analysts say it is more likely for a strategic investor like Torrent or DRL to acquire Cipla than a PE firm, which may not derive healthy returns at Cipla's current market price (CMP) after the recent gains.

Patents: Nestle,Takeda sue Lupin, Torrent

Patents: Nestle,Takeda sue Lupin, Torrent

Rediff.com9 Jul 2009

In another development, leading Japanese drug maker Takeda Pharmaceutical sued Ahmedabad-based Torrent Pharma in the US for infringing seven patents covering its flagship diabetes drug, Actos. Oracea (doxycycline) is the only US Food and Drug Administration approved oral drug to treat rosacea -- a skin disorder in the face with inflammation, skin redness and spider veins.

Hindujas' RCap purchase hangs fire as deadline looms with payment on hold

Hindujas' RCap purchase hangs fire as deadline looms with payment on hold

Rediff.com1 Aug 2024

Mauritius-based Hinduja group firm IndusInd International Holdings (IIHL) has informed the administrator of Reliance Capital that it is ready with its equity contribution of Rs 2,750 crore in cash to acquire the bankrupt firm, but it wants certain conditions to be met in accordance with the resolution plan before transferring the amount. IIHL has also filed an application with the Mumbai Bench of the National Company Law Tribunal (NCLT), seeking directions for the administrator and the committee of creditors (CoC) to complete all pending activities to close the transaction and not let the lenders invoke the bank guarantees provided by the firm earlier.

'Radical left lunatic': Trump attacks Kamala Harris

'Radical left lunatic': Trump attacks Kamala Harris

Rediff.com25 Jul 2024

Trump, 78, launched a scathing attack on his Democratic rival, as he took the stage for the first time to address an election rally after Harris became the presumptive nominee.

Vinesh Phogat: The Warrior Princess

Vinesh Phogat: The Warrior Princess

Rediff.com6 Aug 2024

From battling opposition from the villagers who considered wrestling to be a man's sport, losing her father at the age of just nine, to taking on powerful federation officials, Vinesh has faced innumerable hardships on her way to realising her dreams.

Malayalam Cinema In No Mood To Slow Down

Malayalam Cinema In No Mood To Slow Down

Rediff.com21 Aug 2024

'The film-literate public in Kerala are not happy watching run-of-the-mill movies.'

Sebi's proposed tweaks likely to lead to big churn in F&O stocks

Sebi's proposed tweaks likely to lead to big churn in F&O stocks

Rediff.com11 Jun 2024

The market regulator's newly proposed selection criteria for the over Rs 400-trillion-a-day futures and options (F&O) market could pave the way for the entry of popular stocks such as Life Insurance Corporation (LIC) of India, Jio Financial Services, Zomato, Paytm, DMart, and Adani Energy into the derivatives segment. The Indian derivatives market, which accounts for most of the trading volumes, could see big churn with over two dozen exits from the current list of 182 stocks due to an upward revision in the eligibility thresholds.

RCap lenders in a fix as Hindujas retract revised Rs 8,950-cr offer

RCap lenders in a fix as Hindujas retract revised Rs 8,950-cr offer

Rediff.com27 Mar 2023

The Hinduja group is learnt to have backtracked from making a minimum Rs 8,950-crore offer for Reliance Capital (RCap) - a deal that it had belatedly put forth in December, after Torrent Investments emerged as the highest bidder for the bankrupt firm in the challenge process. The Hindujas' latest move has put Indian lenders, with an exposure of Rs 24,000 crore, in a spot as it was the former's revised offer that led to a call for a second auction and litigation by Torrent, which had placed a bid of Rs 8,649 crore in the first auction. Torrent has moved the Supreme Court and plans to wait for the apex court verdict before participating in any fresh auction. A banking source said there was an informal meeting of a few lenders of Reliance Capital with the bidders - the Torrent group and the Hinduja group on Friday when the latter changed its stand. The meeting of RCap's committee of creditors (CoC) is scheduled for Monday.

Reliance Cap: Hinduja Group firm emerges highest bidder with Rs 9,650 cr offer

Reliance Cap: Hinduja Group firm emerges highest bidder with Rs 9,650 cr offer

Rediff.com26 Apr 2023

A Hinduja Group firm on Wednesday emerged as the highest bidder with an offer of Rs 9,650 crore to take over debt-ridden Reliance Capital in the second round of auction, sources said. The bid by IndusInd International Holdings Ltd (IIHL) is higher than Rs 8,640 crore offer made by Torrent Investments in the first round of auction held in December last year. The other two suitors -- Torrent Investments and Oaktree -- did not participate in the second round of auction, sources said.

Dr Reddy's to sell Torrent drugs in Russia

Dr Reddy's to sell Torrent drugs in Russia

Rediff.com30 Nov 2006

Torrent Pharma, the pharmaceuticals major, has entered into a pact with Dr Reddy's Laboratories for exclusive commercialisation of two of its brands in Russia.

RCap lenders allowed to go for another round of bidding

RCap lenders allowed to go for another round of bidding

Rediff.com2 Mar 2023

The National Company Law Appellate Tribunal (NCLAT) on Thursday allowed a petition filed by lenders of Reliance Capital seeking another round of auction for the debt-ridden firm undergoing insolvency process. A two-member bench set aside an order passed by NCLT and said the Committee of Creditors (CoC) has the power to negotiate and call for a higher bid. The appellate tribunal permitted the CoC to continue with the challenge mechanism and invite bids after two weeks.

Hinduja group firm gets conditional nod to acquire RCap

Hinduja group firm gets conditional nod to acquire RCap

Rediff.com11 May 2024

Insurance sector regulator IRDAI has given conditional approval to Hinduja Group firm IndusInd International Holdings Ltd (IIHL) for the takeover of debt-ridden Reliance Capital. "We are happy to acknowledge the receipt of approval from IRDAI yesterday (May 10, 2024) on the auspicious occasion of Akshay Tritiya. "The approval is subject to certain 'regulatory, statutory, and judicial' clearances/compliances," an IIHL spokesperson said in a statement.

Pricing challenge in US biz, rich valuations may weigh on pharma stocks

Pricing challenge in US biz, rich valuations may weigh on pharma stocks

Rediff.com11 Jun 2024

The tailwind of low price erosion in the US generics market, seen by domestic pharmaceutical companies in calendar year 2023 (CY23), may be reversing slowly, caution analysts. According to the latest data from US-based Centers for Medicare and Medicaid Services (CMMS), price erosion in calendar year 2024 (CY24) on a year-to-date (YTD) basis stood at a high of 15 per cent in the oral solid dosage (OSD) segment compared to a low of 1 per cent in CY23. This erosion, according to a report by Antique Stock Broking, was the highest in the last three years.

How Wankhede stadium shaped Virat Kohli's career

How Wankhede stadium shaped Virat Kohli's career

Rediff.com5 Jul 2024

From World Cup titles to personal highs to heartbreaks, Virat Kohli witnesses it all at Mumbai's Wankhede Stadium

Tribunal stays Hinduja's revised offer for Reliance Cap

Tribunal stays Hinduja's revised offer for Reliance Cap

Rediff.com3 Jan 2023

The insolvency process of debt-ridden Reliance Capital Ltd (RCL) on Tuesday hit a roadblock as the NCLT Mumbai has stayed the resolution process on the plea of Torrent Group. The stay order was issued by the National Company Law Tribunal (NCLT) as the Ahmedabad-based Torrent Group challenged the revised bid from Hinduja Group, sources said. Torrent Group, which emerged as the highest bidder with an Rs 8,640 crore offer, had moved the NCLT-Mumbai against Hinduja Group's late revised bid, which it had submitted after the completion of the e-auction process on December 21.

Will India CHANGE In Modi 3.0?

Will India CHANGE In Modi 3.0?

Rediff.com27 Jun 2024

The climate for 'doing business' remains forbidding, taxtortion is still rife, corruption at state and district levels has increased, oil prices remain extortive with high taxation, and the continued red tape has kept the enterprise system as stifled as before, points out Debashis Basu.

With renewed styles, Spain-Italy set to spring surprise

With renewed styles, Spain-Italy set to spring surprise

Rediff.com19 Jun 2024

It will be the fifth edition in a row that the two heavyweights have met head to head at a European Championship.

Trump refuses to debate Kamala Harris until...

Trump refuses to debate Kamala Harris until...

Rediff.com26 Jul 2024

Former United States president and Republican presidential nominee Donald Trump on Thursday refused to debate with his Democratic rival and Vice President Kamala Harris until the Democrats formally decide on their nominee, whereas the latter said that she is ready for a debate.

PowerGrid to form JVs with ONGC, Essar, Torrent

PowerGrid to form JVs with ONGC, Essar, Torrent

Rediff.com22 Mar 2006

Power Grid Corp of India Ltd is set to form joint ventures with five more companies, including Oil and Natural Gas Corporation and Essar, for setting up transmission lines in the country entailing a total investment of Rs 5,000 crore (Rs 50 billion).

Sara-Ranveer Meet At A Wedding

Sara-Ranveer Meet At A Wedding

Rediff.com4 Dec 2023

Sanjay Leela Bhansali's niece Sharmin Segal wed Aman Mehta, and quite a few film folk were spotted at her wedding reception held over the weekend.

Torrent Pharma Q3 net at Rs 14.26 cr

Torrent Pharma Q3 net at Rs 14.26 cr

Rediff.com23 Jan 2003

Torrent Pharmaceuticals Ltd has posted a net profit of Rs 142.60 million for the quarter ended December 31, 2002 as compared to net loss of Rs 276.60 million in the quarter ended December 31, 2001.