Ruia, a chartered accountant whose business ranged from sugar to textiles and heavy engineering to tyres, refused to comment on queries about his interest in Air India.
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An industry source said the funding was part of an overall $500 million the company is planning to raise, which will value Ola at around $5 billion.
Saina Nehwal scripted a remarkable victory over reigning World Champion Carolina Marin to turn around her campaign at the BWF Super Series Finals even as Srikanth faced exit after suffering his second straight loss in the men's singles in Dubai.
Afcons Infrastructure, whose chartered barge P305 with 261 personnel at the Bombay High offshore oilfield was wrecked by cyclonic storm Tauktae earlier this week, on Thursday said the weather deteriorated rapidly and reached levels far worse than forecasts.
Images that capture what it was like living through 2021.
From the organized routines of the glamorous cheerleaders to gravity-defying moves by athletes Rediff.com has all that and more snapped right here...
Here we encapsulate all the sporting action from last week in this stunning photo feature.
Flag Telecom, a Reliance group company, has awarded a multi-million dollar contract for construction of its Falcon submarine cable to Alcatel, a global networks and application service provider.\n\n
Get your lowdown on what's going on in the world of Hollywood, right here.
The annual 'People's Choice' for Royal Air Force image of the year has opened for public voting.
IPO-bound mobility platform Ola, said it has successfully raised $500 million via a Term Loan B (TLB) from marquee international institutional investors. This term loan has no impact on the valuation of Bhavish Aggarwal-led Ola. The Bengaluru-based firm recently raised $139 million. This is part of a $1 billion funding round for which the company is in talks with investors, increasing its valuation to about $7.5 billion, according to the sources.
New England Patriots quarterback Tom Brady and Cleveland Cavaliers forward LeBron James were among seven sports figures named to Time Magazine's annual list of the world's most influential people, which was announced Thursday.
'This is the only place on earth where Elephas maximus climbs to these heights.'
In its latest undercover investigation, codenamed Operation Falcon Claw, Cobrapost has exposed a bunch of parliamentarians willing to not only write recommendation letters but also lobby with the petroleum ministry for a foreign company to help it secure oil exploration and rigging rights in the Northeast.
Denmark beat Indonesia 3-2 in the final Sunday, making the Scandinavian country the first European team to win the competition.
The top-end Vista Tech VX will get features such as ABS with EBD, touchscreen multimedia system with satellite navigation, keyless entry and steering integrated audio controls.
Bollywood star Salman Khan has landed in the thick of another controversy with a suburban fisherman's family alleging that he has threatened them.
The world's most brilliant cars are lined up at the Detroit Auto Show.
Following the engine snag, the two BJP leaders shelved their plans to travel to Imphal for the swearing-in ceremony of N Biren Singh as Manipur chief minister, sources said.
'It's funny how often Solo gloats in its own nostalgia.' 'It's like Chewbacca's groaning presence, John Williams classic tune and other familiar props and paraphernalia, everything is just doing its bit to compensate for Harrison Ford's sorely missed devilry,' says Sukanya Verma.
Indian shuttler Kidambi Srikanth was pushed to the brink of exit after he suffered his second consecuitve loss in the BWF Super Series Finals, losing in straight games to Denmark's Viktor Axelsen in the men's singles in Dubai.
Chandrayaan-3's success is a must for India's space ambitions; we can't afford to lose out. And for realising our space dreams, the Indian private sector must be encouraged because if we lose this race, the moon, Mars, and mineral-rich asteroids will already be crowded before we reach there.
'Coupled with e-filing procedures it would really enhance the ability of the judiciary to provide speedier justice.'
After a shocking exit from the Rio Olympics, Saina Nehwal cited an inflammation in her right knee as the reason for her hampered on-court movement.
Private space entrepreneur and billionaire co-founder of PayPal, Elon Musk is planning to build a small city on Mars for 80,000 space explorers but only vegetarians are invited!
Thayil's Narcopolis was part of a shortlist of six works which included Jamil Ahmed's The Wandering Falcon, Tahmima Anam's The Good Muslim, Amitava Ghosh's River of Smoke, Mohammed Hanif's Our Lady of Alice Bhatti, Uday Prakash's The Walls of Delhi (translated into English by Jason Grunebaum).
Three Indian writers are in the running for the $50,000 (about Rs 27,50,000) DSC South Asian literature prize given to the best novel thematically linked to the South Asian region.
Six Indian writers, including Jahnavi Barua and Rahul Bhattacharya, figure in the shortlists of the 2012 Commonwealth Book and Short Story Prizes.
'People think about his final 48 hours and how did he become a martyr... but the life I came to know from uncle and aunty was of someone who was so full of joy and laughter.'
One of the most sought after exhibitions in Asia, as many as 549 companies are participating this year with 53 fighter aircraft on display.
Nick Wallenda, a 33-year-old aerialist, has become the first person to successfully cross over Niagara Falls over a tightrope, in an amazing display of acrobatics. He also became the first person in more than a century to cross over on a high wire.
The first Indian woman to clinch a silver medal at the World Championship in the 2015 edition at Jakarta, Saina has been struggling ever since, limping out of the Olympics last year with a knee injury.
Prime Minister Narendra Modi, on Sunday, praised Saina Nehwal after the ace Indian female shuttler suffered a heartbreaking defeat in the final of the All England badminton championships.
The project nicknamed Falcon HTV-2 being developed by the Pentagon and the Defence Advanced Research Projects Agency has the capability to reach anywhere in the world in less than 60 minutes.
Rio-bound Indian shuttler Saina Nehwal, who just clinched the Australian Open Super Series title in Sydney, said she wants to be aggressive like India Test skipper Virat Kohli. The 26-year-old from Hyderabad defeated Sun Yu of China in the finals yesterday to notch up her first title of the season ahead of the Rio Olympics.
Model X is Tesla's only SUV, & it can go from zero to 97 kmph in 2.9 seconds.
New Zealand captain Brendon McCullum smashed the second-highest Twenty20 score of all time when he hit a typically belligerent 158 not out in 64 balls for Birmingham against Derbyshire on Friday.
The airport sees 950-960 aircraft movements daily, and Saturday saw an additional 37 flights to Udaipur as celebrities, filmstars and politicians made a dash to the city for pre-wedding celebrations.
