The agreements between the four new companies transferred to Anil Ambani and his elder brother Mukesh's flagship company Reliance Industries may become the bone of contention.
Reliance ADAG's Big Music and Home Entertainment is looking at garnering close to 40 per cent market share of home and music entertainment business in India.
Reliance Entertainment, controlled by the Anil Dhirubhai Ambani Group, is divesting a 5 per cent equity stake at an enterprise value of $1.5 billion (about Rs 6,000 crore).
BSES entities BRPL (BSES Rajdhani Power Limited) and BYPL (BSES Yamuna Power Limited) supply electricity to around 12 lakh and 16 lakh customers respectively.
Sectorally, telecom, realty, auto and banks were among the top losers, shedding as much as 2.22 per cent.
A defence ministry staffer, involved in the corporate espionage case, was remanded to one-day police custody.
As the last part of his name ended in 'ni', which is common for Sindhi, everyone thought he was one.
With the July 1 deadline to apply for bank licence fast approaching, aspirants are scrambling to meet the Reserve Bank of India's (RBI) eligibility criteria to apply.
With Ola Corporate, aims to provide services to 10,000 firms by next year
Delhi police on Saturday filed chargesheet against 13 persons arrested in connection with the petroleum ministry document leak case.
Verdicts paving the way for construction of a Ram Temple at Ayodhya and India's multi-billion dollar Rafale fighter jet deal with France were 2019's landmark imprints of the Supreme Court, which also found itself at the centre of a controversy with then Chief Justice of India Ranjan Gogoi being accused of sexual harassment before getting the clean chit.
Despite the recent fall, the Nifty Midcap 100 index has outperformed by gaining 20 per cent till date in this year calendar year.
Despite the recent fall, the Nifty Midcap 100 index has outperformed by gaining 20 per cent till date in this year calendar year.
Over a year after the judgement was reserved, a bench of justices G S Singhvi and S J Mukhopadhaya rejected the pleas of the telecom companies which pleaded that they be tried in a magisterial court unlike other accused in 2G cases as they have not been charged under Prevention of Corruption (PC) Act.
The accused had also requested the court to take on record the written answers afresh.
A special court on Thursday acquitted all accused in the 2G spectrum allocation scam cases. The scam relates to the granting of 2G spectrum licence allocations in 2007-08 which caused, according to a report by the Comptroller and Auditor General of India, a loss of Rs 1.76 lakh crore. Here is a detailed timeline of how the case came to light and how it has progressed over the years:
Reliance ADAG, Tech Mahindra among top recruiters at IIM-A
British Airways, Lufthansa, Etihad and Singapore Airlines are scouting for an Indian partner that meets the net worth criterion
Balwa, who is accused along with 16 others in the case, claimed that he cannot be prosecuted for pushing back Tata in the race as the firm was never in the race to get the 2G spectrum licence
Top leaders from India Inc may be busy throughout the year, but they too have a very strong social life beyond work.
A charge-sheet against Chandra and 12 others was filed.
Delhi Police Crime Branch raided the office of a petrochemical co.
CBI on Monday submitted a list of five witnesses, including Anil Ambani, who are scheduled to be called for recording of their statements before the court.
Leaks of documents are neither new nor limited to particular ministries.
The CMM was appointed as commissioner to record 84-year-old Ammal's testimony by a Special CBI Court, holding trial in the case, in the wake of the Supreme Court's direction.
The five persons were arrested by the Crime Branch.
Tatas' brand value grows 12% in the past year, far ahead of Reliance and Airtel.
The Supreme Court has asked the CBI to place before it the "files and notings" which purportedly suggest that its Director Ranjit Sinha wants stopping of whole trial against Reliance Telecom Ltd (RTL) and three top executives of the Reliance ADAG, who are accused in the 2G spectrum scam case.
Transparency is more than welcome, but govt should not look vindictive.
DFS writes to departments that haven't responded to RBI's request for information.
Reliance ADAG Chairman Anil Ambani will have to appear as a CBI witness in the 2G scam case with the Supreme Court on Wednesday refraining from passing any order and the trial court dismissing a plea for deferring his deposition scheduled tomorrow.
Dravida Munnetra Kazhagam MP Kanimozhi on Thursday sought the dismissal of a Central Bureau of Investigation plea seeking special court's permission to summon some additional witnesses, including Enforcement Directorate Deputy Director Rajeshwar Singh, in the 2G spectrum allocation case.
Rumours of which tycoon is close to which minister will soon start floating, and those could affect prices in the short term.
He allegedly advanced the cut-off date to favour accused firms in allocation of 2G licences.
CBI prosecutor K K Goel opposed the application saying it was "dragging the trial" and noted that Anil Ambani too had filed a similar plea earlier.
Companies offer partial ownership and timeshare, beside other combinations
Throughout, Mekhail spoke calmly, with hardly an inflection making even the barest attempt to hijack his tone. His tone was so empty it made his narrative all the more touching. And ugly and grey, as the monsoon sky beyond the window.
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