News for 'B M Bansal'

Future vs Amazon: FRL challenges Delhi HC verdict

Future vs Amazon: FRL challenges Delhi HC verdict

Rediff.com5 Jan 2022

Future Retail and its promoters have filed appeals before the division bench of the Delhi high court challenging the order passed on Tuesday that dismissed the Group's petitions for termination of the Amazon arbitration. The Delhi high court on Tuesday dismissed the pleas moved by Future Group companies seeking a direction to the arbitration tribunal, adjudicating Amazon's objections against Future Group's deal with Reliance, to take a decision on their application for terminating the arbitration proceedings before moving any further.

Slow e-commerce growth worries Flipkart

Slow e-commerce growth worries Flipkart

Rediff.com23 Aug 2016

In the past eight months, Flipkart has seen the exits of Mukesh Bansal, considered the right hand man of Sachin and Binny Bansal; Ankit Nagori, chief business officer; Punit Soni, Flipkart's million-dollar hire from Silicon Valley who headed product and strategy; and Manish Maheshwari, head of the seller business

India Inc steps up, foots bill for staff vaccination

India Inc steps up, foots bill for staff vaccination

Rediff.com6 Mar 2021

RIL, Capgemini, IndiGo among companies which have offered to pay their employees' vaccination cost.

Get Bansal, Ashwani to quit and run Parliament: BJP to govt

Get Bansal, Ashwani to quit and run Parliament: BJP to govt

Rediff.com6 May 2013

The Bharatiya Janata Party on Monday said new submissions by the Centra Bureau of Investigation to the Supreme Court show government had made significant changes in the agency's status report on the coal-gate scam and insisted it will support bills on food security and land acquisition only after the railway and law ministers quit.

Covid death compensation: States asked to appoint nodal officers

Covid death compensation: States asked to appoint nodal officers

Rediff.com4 Feb 2022

A bench of Justices MR Shah and BV Nagarathna said the nodal officer to ensure all eligible claimants apply for ex-gratia compensation.

Amazon shuts down Westland publishing house 6 years after buying it

Amazon shuts down Westland publishing house 6 years after buying it

Rediff.com1 Feb 2022

Much to the disappointment of booklovers, Westland, one of the largest publishing houses in India, is being shut down by e-commerce giant Amazon, they announced on Tuesday.

Bad-loan market may soon see flurry of activities

Bad-loan market may soon see flurry of activities

Rediff.com29 Nov 2021

Banks are set to sell dud-loans worth Rs 90,000 crore of 22 firms in the first tranche to the National Asset Reconstruction Company (NARCL). It's reason for cheer given that such sales to asset reconstruction companies (ARCs) have been poor in recent times. In fiscal 2020, their assets under management (AUM) contracted by 4 per cent; and in fiscal 2021, it fell by another 100 basis points to Rs 1.07 trillion. So, why are we where we are?

After 35 hours of grilling, ED summons Rahul Gandhi for day 5 of questioning

After 35 hours of grilling, ED summons Rahul Gandhi for day 5 of questioning

Rediff.com20 Jun 2022

The fourth day of questioning was deferred from June 17 to this day after Gandhi requested the agency for postponing the session as he wanted to be with his mother and Congress president Sonia Gandhi in hospital, where she is admitted for post-Covid issues.

ED quizzes Sonia 2nd time in 6 days, calls her tomorrow; Rahul, MPs detained

ED quizzes Sonia 2nd time in 6 days, calls her tomorrow; Rahul, MPs detained

Rediff.com26 Jul 2022

She left the agency's office in central Delhi just before 7 pm on Tuesday after recording her statement.

Disco King Bappi Lahiri Passes Into The Ages

Disco King Bappi Lahiri Passes Into The Ages

Rediff.com16 Feb 2022

Singer-composer Bappi Lahiri, who popularised disco music in India in the 1980s and 1990s, has died following multiple health issues. He was 69.

SC reserves verdict on Rs 4L to kin of Covid deceased

SC reserves verdict on Rs 4L to kin of Covid deceased

Rediff.com21 Jun 2021

The Centre had earlier the apex court that the ex-gratia compensation of Rs 4 lakh cannot be paid to the families of those who have died of COVID-19 as the finances of state governments and the Centre are under severe strain.

Walmart-Flipkart negotiations enter final lap

Walmart-Flipkart negotiations enter final lap

Rediff.com4 May 2018

Walmart is likely to buy stakes of multiple Flipkart investors, including that of Tiger Global Management and Softbank to end up with a significant majority holding

Walmart's $16 bn Flipkart buy is the biggest deal this year

Walmart's $16 bn Flipkart buy is the biggest deal this year

Rediff.com9 May 2018

Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company

Who will grab the hot seat post Walmart, Flipkart merger?

Who will grab the hot seat post Walmart, Flipkart merger?

Rediff.com7 May 2018

If Sachin Bansal sells his stake at a little over 5 per cent and steps down from Flipkart, as reports have suggested recently, either Binny Bansal or Kalyan Krishnamurthy, CEO of Flipkart, could be an option for the leadership position.

Wife, daughter of Delhi babu held for graft end life

Wife, daughter of Delhi babu held for graft end life

Rediff.com20 Jul 2016

Two separate suicide notes were recovered. They said that the CBI raid caused them (the family) great humiliation in the society.

Patanjali's Balkrishna is the 48th richest man in India: Forbes

Patanjali's Balkrishna is the 48th richest man in India: Forbes

Rediff.com22 Sep 2016

Flipkart co-founders Sachin Bansal and Binny Bansal, who were ranked 86th last year dropped out of the list

Cops probe charges of fraud against Kejriwal

Cops probe charges of fraud against Kejriwal

Rediff.com24 Jan 2017

The complainant accused Kejriwal and his brother-in-law of indulging in corruption.

Flipkart CEO wanted to be a gamer, Snapdeal chief a food critic

Flipkart CEO wanted to be a gamer, Snapdeal chief a food critic

Rediff.com5 Aug 2014

Five founders of e-commerce start-ups, four of them Bansals, say they had alternative ambitions chalked out.

Rahul Gandhi quizzed by ED for 2nd consecutive day

Rahul Gandhi quizzed by ED for 2nd consecutive day

Rediff.com14 Jun 2022

While agency sources informed that Gandhi recorded his statement and checked its transcript minutely, Congress leaders said the investigators took multiple breaks during his questioning

SC pulls up states on disbursal of Covid ex gratia

SC pulls up states on disbursal of Covid ex gratia

Rediff.com19 Jan 2022

The Supreme Court on Wednesday pulled up state governments for failing to disburse claims to the next of kin of COVID-19 victims, and issued a show cause notice to the Andhra Pradesh chief secretary as to why contempt action be not initiated against him.

Flipkart rejigs top management, CFO leaves the company

Flipkart rejigs top management, CFO leaves the company

Rediff.com4 Nov 2014

Myntra founder Mukesh Bansal takes over as marketing chief.

Garland LPG cylinders, ring bells: Cong campaign against price rise

Garland LPG cylinders, ring bells: Cong campaign against price rise

Rediff.com26 Mar 2022

The Congresshas announced a three-phased campaign, "Mehngai-mukt Bharat Abhiyaan".

Modi kicks off Jewar airport phase one at cost of Rs 10,050 cr

Modi kicks off Jewar airport phase one at cost of Rs 10,050 cr

Rediff.com25 Nov 2021

Prime Minister Narendra Modi on Thursday laid the foundation stone for the Noida International Airport at Jewar in Uttar Pradesh. It will be one of the largest aerodromes in Asia.

MF GURU: 'Invest VRS money in MFs?'

MF GURU: 'Invest VRS money in MFs?'

Rediff.com30 Aug 2022

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

Several new faces to be part of second Yogi cabinet, may retain dy CM post

Several new faces to be part of second Yogi cabinet, may retain dy CM post

Rediff.com13 Mar 2022

For the post of deputy chief minister, the names of Swatantra Dev Singh, Baby Rani Maurya, Brijesh Pathak and Keshav Prasad Maurya are in talks.

Why these B-schools are excited about the hiring season

Why these B-schools are excited about the hiring season

Rediff.com18 Nov 2019

Management campuses are expecting the rise in pre-placement offers to ease the final placement process.

Meals or mobiles, he sees an opportunity others don't

Meals or mobiles, he sees an opportunity others don't

Rediff.com31 Aug 2016

'In two years there will be consolidation. Look at the Indian brands now. Only three of us are surviving, many others have died. What will differentiate us are two things -- timing of our launches in the market and the communication to the consumer," Narendra Bansal, CMD of Intex, tells Arnab Dutta.

How to pick the best engineering stream

How to pick the best engineering stream

Rediff.com3 Jun 2015

In an online chat, career counsellor Amit Bansal shared crucial career advice with readers on how to pick the right stream and college to study engineering.

Flipkart sets 3-year deadline to make profits

Flipkart sets 3-year deadline to make profits

Rediff.com31 Oct 2015

The start-up, which has invested $100 million over the past eight years, sells 50 million products.

Snapdeal plans $350-400 million IPO, eyes $2.5 billion valuation

Snapdeal plans $350-400 million IPO, eyes $2.5 billion valuation

Rediff.com4 Sep 2021

JM Financial, Axis Bank, and Bank of America have been roped in as the bankers to run the mandate, say sources.

Smart ways you can have a green Diwali this year

Smart ways you can have a green Diwali this year

Rediff.com7 Nov 2018

By switching to simpler alternatives, you can make Diwali enjoyable for all.

It's raining job offers at B-schools!

It's raining job offers at B-schools!

Rediff.com3 Oct 2019

They are witnessing, or anticipating, a double-digit growth in job offers over the same period last year.

Can Flipkart 2.0 beat Amazon?

Can Flipkart 2.0 beat Amazon?

Rediff.com11 Aug 2017

After raising $2.5 billion from SoftBank's Masayoshi Son and his Vision Fund, Sachin Bansal and Binny Bansal are back in the driving seat at Flipkart, the company they founded over a decade ago.

Cracks in Punjab Cong: Amarinder, Sidhus spar over ticket claim

Cracks in Punjab Cong: Amarinder, Sidhus spar over ticket claim

Rediff.com17 May 2019

Sidhu backed his wife saying 'she would never lie', while the CM said she refused to contest from Amritsar.

Now, Flipkart takes a dig at Snapdeal

Now, Flipkart takes a dig at Snapdeal

Rediff.com29 May 2015

Flipkart co-founder Sachin Bansal on Friday took pot shots at Snapdeal saying India should not be blamed for the latter's failure to hire "great engineers".

Why unicorns are investing in startups

Why unicorns are investing in startups

Rediff.com7 Jan 2022

Byju's, Flipkart, PharmEasy and CRED, among others, have taken the acquisition route to grow

'Air India buy could lead to TCS-like firm from Tatas in aviation'

'Air India buy could lead to TCS-like firm from Tatas in aviation'

Rediff.com9 Oct 2021

Re-rating of Bharat Petroleum Corporation, Container Corporation, Shipping Corporation, SAIL, and Hindustan Copper, for which the government has already shown intent to divest its stake, possible now, say analysts.

Raghuram Rajan, Sundar Pichai in Time's most influential list

Raghuram Rajan, Sundar Pichai in Time's most influential list

Rediff.com21 Apr 2016

Terming Rajan as "India's prescient banker," Time said he is among a rare breed of "economic seers".

Tatas to retain all Air India employees for at least 1 yr

Tatas to retain all Air India employees for at least 1 yr

Rediff.com8 Oct 2021

The new owners of Air India will have to retain all the employees of the national carrier for at least one year post which they can offer a VRS. The gratuity, pension fund and post retirement medical benefits of existing and past employees too would be honoured by the new owner, civil aviation secretary Rajiv Bansal said. Tata Sons has emerged as the winning bidder for Air India with the government accepting its Rs 18,000 crore offer to acquire 100 per cent of the debt-laden state-run carrier.

No place for letter writers in new Congress panels

No place for letter writers in new Congress panels

Rediff.com7 Sep 2020

Those who denounced the letter writers in the "Group of 23" like Nirmal Khatri and Naseeb Pathan have interestingly found places in the panels announced by Gandhi on Sunday evening.