Search results for 'transactions'

Leasing of retail spaces in malls, high streets up 15% this year

Leasing of retail spaces in malls, high streets up 15% this year

Rediff.com23 Dec 2025

Leasing of retail space in shopping malls and high streets across India's top eight cities is estimated to rise 15 per cent to nearly 9 million sq ft this year on increased supply amid high demand from retailers, according to Cushman & Wakefield. The leasing of retail spaces stood at 7.8 million sq ft in 2024.

Saregama To Invest This Much In Bhansali Productions

Saregama To Invest This Much In Bhansali Productions

Rediff.com17 Dec 2025

Bhansali Productions will retain creative control, and Sanjay Leela Bhansali, founder, Bhansali Productions, said that for him, powerful and meaningful cinema requires time, trust, and a deep respect for the process, which the company was able to align with Saregama India.

IndiGo moves Delhi HC seeking Rs 900 crore Customs duty refund

IndiGo moves Delhi HC seeking Rs 900 crore Customs duty refund

Rediff.com13 Dec 2025

InterGlobe Aviation, the operator of IndiGo, has approached the Delhi high court seeking a refund of over Rs 900 crore it claims to have paid as Customs duty on aircraft engines and parts re-imported into India after overseas repairs. The petition came up for hearing on Friday before a bench of Justices Prathiba M Singh and Shail Jain.

Mamata storms I-PAC chief's house during ED raid, alleges bid to seize TMC data

Mamata storms I-PAC chief's house during ED raid, alleges bid to seize TMC data

Rediff.com9 Jan 2026

West Bengal Chief Minister Mamata Banerjee on Thursday dramatically turned up at the residence of Indian Political Action Committee (I-PAC) chief Pratik Jain amid an ongoing Enforcement Directorate raid, alleging that the central agency was attempting to seize the Trinamool Congress's internal documents, hard disks and sensitive data linked to its election strategy.

Debt reduction, joint venture benefits positive for JSW Steel

Debt reduction, joint venture benefits positive for JSW Steel

Rediff.com15 Dec 2025

JSW Steel Ltd (JSTL) has announced a restructuring that unlocks value from Bhushan Power & Steel Ltd (BPSL) and changes the balance-sheet. JSTL will do a slump sale of 50 per cent stake in BPSL to Japan's JFE Steel in two equal tranches, totalling Rs 15,700 crore in cash.

Bajaj Finserv targets a 22% profit CAGR, double customers in 5 years

Bajaj Finserv targets a 22% profit CAGR, double customers in 5 years

Rediff.com8 Dec 2025

Bajaj Finserv - the holding company of Bajaj group's financial services business - has laid out plans for the next five years. During this period, it is eyeing 18-22 per cent compound annual growth rate (CAGR) in net profit at Rs 21,000-24,000 crore on a consolidated basis.

Want To Donate To A Political Party? Read This!

Want To Donate To A Political Party? Read This!

Rediff.com21 Nov 2025

Avoid donating without checking the receipt proforma showing the political party's ECI registration number and PAN.

'India-Bangladesh ties under Khaleda Zia complex and strained'

'India-Bangladesh ties under Khaleda Zia complex and strained'

Rediff.com30 Dec 2025

Former Indian envoys reflect on the life and legacy of Bangladesh's former Prime Minister Khaleda Zia, highlighting her role in restoring democracy and the complex relationship between India and Bangladesh during her tenures.

SFIO questions IndusInd execs on accounting discrepancies

SFIO questions IndusInd execs on accounting discrepancies

Rediff.com20 Dec 2025

Private-sector lender IndusInd Bank had said the Serious Fraud Investigation Office (SFIO) interacted with its officials this week and would send a written communication seeking specific details related to the accounting discrepancies identified at the bank.

Is India Still Buying Russian Oil?

Is India Still Buying Russian Oil?

Rediff.com17 Dec 2025

Indian private sector and State-run refiners continued to receive crude oil from Russian suppliers even after November 21 -- the winding-down date for US sanctions on supplies from leading Russian oil producers imposed in October -- as new intermediaries sprung up in West Asia to sell the oil, according to senior refining sources and ship tracking data.

Maha scraps controversial land deal involving Ajit Pawar's son

Maha scraps controversial land deal involving Ajit Pawar's son

Rediff.com7 Nov 2025

Maharashtra Deputy Chief Minister Ajit Pawar says his son Parth was unaware that the land his company purchased in Pune belonged to the government. The controversial transaction has been cancelled, and a probe has been ordered.

Need clear timelines for NCLAT to dispose of appeals: Panel on IBC Bill

Need clear timelines for NCLAT to dispose of appeals: Panel on IBC Bill

Rediff.com18 Dec 2025

The Insolvency and Bankruptcy Code (IBC) Amendment Bill 2025 has failed to introduce specific timelines for the National Company Law Appellate Tribunal (NCLAT) to dispose of appeals, the select committee on the IBC Bill has said in its report.

Duped of Rs 8 crore, ex-IPS officer attempts suicide

Duped of Rs 8 crore, ex-IPS officer attempts suicide

Rediff.com22 Dec 2025

Former IPS officer Amar Singh Chahal allegedly shot himself after claiming he was duped of Rs 8.10 crore by cyber thugs. He was one of the accused in the 2015 police firing cases related to anti-sacrilege protests in Faridkot.

Investors cheer merger of Ambuja, ACC, Orient

Investors cheer merger of Ambuja, ACC, Orient

Rediff.com24 Dec 2025

Investors have put money in Ambuja Cements shares as the cement major has moved to consolidate its operations. The Adani Group company has proposed to merge its subsidiaries ACC and Orient Cement into the parent entity.

'Could Ajit Pawar Have Known?'

'Could Ajit Pawar Have Known?'

Rediff.com7 Nov 2025

'Everyone involved in this transaction must be punished and penalised.'

Ajit Pawar blames officials over land deal linked to son

Ajit Pawar blames officials over land deal linked to son

Rediff.com13 Dec 2025

Maharashtra Deputy Chief Minister Ajit Pawar on Saturday said officials responsible for registering documents should have refused to process agreements that were not permissible under the law and clearly informed the parties concerned about such limitations.

Digital Rupee Faces Delay Over Banks' Tech Hurdles

Digital Rupee Faces Delay Over Banks' Tech Hurdles

Rediff.com21 Oct 2025

'There are no additional benefits for banks and market participants to use CBDC...'

JLR Boosts India Tech Hub With 106-Crore Lease

JLR Boosts India Tech Hub With 106-Crore Lease

Rediff.com18 Nov 2025

The deal includes a security deposit of 10.10 crore and features an unusually steep 15 per cent escalation every three months, which stands out in Bengaluru's commercial leasing market.

Sebi's Move Could Erode Mutual Fund, Broker Earnings

Sebi's Move Could Erode Mutual Fund, Broker Earnings

Rediff.com3 Nov 2025

'Sebi's move to cap brokerage charges will help investors by lowering the overall cost of investments.'

Prosus says India as one of its most critical growth markets

Prosus says India as one of its most critical growth markets

Rediff.com25 Dec 2025

Prosus, the Amsterdam-based technology investor with net assets valued at over $200 billion spanning payments to e-commerce, has identified India as one of its most critical growth markets, and is increasing its strategic investments here.

Why YouTube Is Investing In India

Why YouTube Is Investing In India

Rediff.com30 Dec 2025

'As a nation, we create beautiful content and a high volume of it (films) but we are limited by the number of theatres and screen density.' 'You now have a living-room large screen available to showcase that.'

PSU banks write off loans worth Rs 6.15 lakh cr in last 5.5 years

PSU banks write off loans worth Rs 6.15 lakh cr in last 5.5 years

Rediff.com8 Dec 2025

Public sector banks have written off loans worth Rs 6.15 lakh crore in the last five and a half years, Parliament was informed on Monday.

Registration Isn't Ownership

Registration Isn't Ownership

Rediff.com26 Nov 2025

Lawful possession means having both actual control over a property and a valid legal right to keep it, usually based on a registered sale deed, lease agreement, or lawful allotment.

International fake call centre duping Aussies busted in Cyberabad, 9 held

International fake call centre duping Aussies busted in Cyberabad, 9 held

Rediff.com30 Nov 2025

Cyberabad police apprehended nine individuals for allegedly operating an international fake call centre that defrauded Australian citizens of millions of rupees over two years.

US sanctions 2 largest Russian Oil companies

US sanctions 2 largest Russian Oil companies

Rediff.com23 Oct 2025

The US Department of the Treasury on Wednesday imposed sanctions on Russia's two largest oil companies, Rosneft and Lukoil, in an effort to pressure the Kremlin to end its war in Ukraine.

'Listing Does Not Alter Our Investment Philosophy'

'Listing Does Not Alter Our Investment Philosophy'

Rediff.com23 Dec 2025

'We operate in an economy that is structurally positioned for long-term growth. As market levels rise over time, our AUM grows in line.'

Digital Arrest Scams: What You Must Know

Digital Arrest Scams: What You Must Know

Rediff.com11 Nov 2025

Senior citizens are particularly vulnerable due to their high savings, trust in authorities, and limited familiarity with online frauds.

RBI imposes Rs 91 lakh penalty on HDFC Bank

RBI imposes Rs 91 lakh penalty on HDFC Bank

Rediff.com28 Nov 2025

A penalty of Rs 91 lakh has been imposed on HDFC Bank for violating certain provisions of the Banking Regulation Act, the Reserve Bank said on Friday. The penalty has been imposed on the private sector lender for deficiencies in statutory and regulatory compliance, including those related to Know Your Customer (KYC).

M&A financing the new frontier for banks, but RBI's watching

M&A financing the new frontier for banks, but RBI's watching

Rediff.com26 Nov 2025

Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models.

India-Russia ties aim at national interests, not against anyone: Putin

India-Russia ties aim at national interests, not against anyone: Putin

Rediff.com4 Dec 2025

In the context of India's energy ties with Russia, Putin said certain "actors" dislike New Delhi's growing role in international markets in view of its close relations with Moscow and these elements are aiming to constrain India's influence for political reasons by imposing "artificial obstacles".

Why Banks Are Struggling For Deposits

Why Banks Are Struggling For Deposits

Rediff.com19 Nov 2025

As deposit growth lags credit expansion, Indian banks face shrinking low-cost Casa inflows, rising funding costs, and structural shifts driven by UPI, e-Kuber, and digital savings trends, points out Tamal Bandyopadhyay.

Ex-Army man, woman held for sharing sensitive info with Pak

Ex-Army man, woman held for sharing sensitive info with Pak

Rediff.com4 Dec 2025

The Gujarat Anti Terrorist Squad (ATS) has arrested a retired Army man and a woman for allegedly sharing sensitive information about military establishments and personnel with Pakistani agents.

Jobs in unincorporated sector rose marginally in Q2: NSO data

Jobs in unincorporated sector rose marginally in Q2: NSO data

Rediff.com26 Nov 2025

Around 128.6 million people were employed in the unincorporated sector during July-September of FY26, showed the latest quarterly bulletin of unincorporated sector enterprises released by the National Statistics Office (NSO) on Tuesday. This is slightly higher than the 128.57 million in the previous quarter.

ISL on hold: Govt calls emergency talks to save football

ISL on hold: Govt calls emergency talks to save football

Rediff.com1 Dec 2025

The latest crisis emerged after the All India Football Federation (AIFF) could not find a new commercial partner for the conduct of domestic league, including the top-tier Indian Super League.

Reliance stops use of Russian oil at its only-for-export refinery

Reliance stops use of Russian oil at its only-for-export refinery

Rediff.com21 Nov 2025

Reliance Industries Ltd on Thursday said it has halted the use of Russian crude at its export-only refinery in Jamnagar, Gujarat, as the company moves to comply with European Union sanctions. Reliance is India's largest buyer of Russian oil, which it processes and turns into fuel, such as petrol and diesel, at its giant oil refining complex at Jamnagar.

Live 9mm rounds found near exploded car at Red Fort

Live 9mm rounds found near exploded car at Red Fort

Rediff.com16 Nov 2025

Security agencies are probing three bullet cartridges, two of them live rounds, recovered from the debris near the Red Fort blast site, a source said on Sunday.

Truth will soon come before public: Ajit Pawar on land deal involving son

Truth will soon come before public: Ajit Pawar on land deal involving son

Rediff.com9 Nov 2025

Maharashtra Deputy Chief Minister Ajit Pawar says an inquiry has been initiated into the alleged illegal sale of government land to his son's company in Pune. The sale of 40 acres of land is under scrutiny, and the Chief Minister has stated that action is being taken as per law.

India's M&A deals dipped in Q2 amid valuation caution

India's M&A deals dipped in Q2 amid valuation caution

Rediff.com10 Oct 2025

India's mergers and acquisitions (M&A) activity cooled in the second quarter of 2025-26 (Q2FY26), with deal value falling to $26.26 billion from $29.04 billion a year ago, according to Bloomberg data.

Delhi blast suspects pooled in Rs 26 lakh to buy materials

Delhi blast suspects pooled in Rs 26 lakh to buy materials

Rediff.com13 Nov 2025

Doctors arrested in connection with the Red Fort blast allegedly raised over Rs 26 lakh to procure materials used in the explosion. The funds were used to purchase large quantities of fertilizer, a key component in Improvised Explosive Devices (IEDs).

FinMin Pushes RBI for Faster Fraud Shield

FinMin Pushes RBI for Faster Fraud Shield

Rediff.com8 Oct 2025

By enabling real-time data sharing, the platform will help prevent scams and ensure secure transactions.