The fierce litigious fight for little-known Birla Corporation marked the first major controversy for this storied and reserved business family.
'In phases when smaller stocks do well, an equal-weight index performs better than its market cap-weighted peer.'
Now, the total number of MPs suspended for the remainder of the Winter Session of Parliament stands at 14 -- 13 from the Lok Sabha and one from the Rajya Sabha.
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He also said that the BJP's defeat in Faizabad seat of Ayodhya, where the Ram temple has been built, shows the wisdom of voters.
Opposition leaders on Saturday stepped up pressure on Lok Sabha Speaker Om Birla for stringent action against Bharatiya Janata Party's Ramesh Bidhuri over his derogatory remarks against Bahujan Samaj Party MP Danish Ali in the House.
The major security breach in Parliament on Wednesday brought to the fore shortcomings in the security protocol, driven in part by the shortage of parliamentary staff assigned to enforce it, a point made by some leaders in the all-party meeting convened by Lok Sabha Speaker Om Birla.
Lok Sabha Speaker Om Birla recognised Rahul Gandhi as the leader of opposition on Wednesday, a day after the Congress communicated its decision to name him for the position to the Lok Sabha Secretariat.
Ali also shared the screenshot of a purported hate message in Hindi referring to the derogatory remarks made by Bidhuri.
The privileges committee of the Lok Sabha on Wednesday unanimously adopted a resolution to revoke the suspension of Congress leader Adhir Ranjan Chowdhury from the lower house.
As India's online population crosses 450 million, e-commerce ventures are trying to grab a pie of online sales estimated to hit $48 billion by 2020.
Modi's inability to make peace with a renewed Opposition will only embolden his coalition partners and it is just a matter of time before they begin asking probing questions besides politely disagreeing with his tactics, predicts Nilanjan Mukhopadhyay.
Aditya Birla group on Tuesday announced it had concluded acquisition of Tata group's 49 per cent stake in Idea Cellular Ltd for Rs 4,406 crore
One thing has remained constant through the Indian economy in the last seven decades: the dominance of family-owned businesses. Krishna Kant reports.
It was almost as if we were back to 'acchey din', when Parliament was a forum where two sides fought ferociously as equals. For that we need to thank Rahul Gandhi, notes Jyoti Punwani.
According to two independent sources in the know, the group is exploring the possibility of tapping private equity investors for a significant minority stake in the company or may even exit the business, provided it gets a significant exit premium.
Lok Sabha Speaker Om Birla on Friday took 'serious note' of certain objectionable remarks made by BJP member Ramesh Bidhuri in the House and warned him of 'strict action' if such behaviour is repeated in the future, officials said.
Business India has selected Aditya Birla Group chairman Kumar Mangalam Birla as the 'Businessman of the Year'
Baalu said Murugan was a "traitor" who spoke against the interests of Tamil Nadu and added he described him as "unfit", which was not an unparliamentary word.
The government has insisted that there are no rules or precedence which make it mandatory for the House to take up the no-confidence motion immediately.
President Murmu reached the new Parliament building in a six-horse buggy accompanied by the Presidential Bodyguards riding horses.
Bharatiya Janata Party MP Nishikant Dubey on Sunday accused Trinamool Congress's Mahua Moitra of taking 'bribes' from a businessman to ask questions in Parliament and urged Lok Sabha Speaker Om Birla to constitute an 'inquiry committee' to look into the charges against her.
The judge summoned Birla as one of the accused in the case.
Gandhi said the defence minister had "lied" to the family of martyr Ajay Singh, the armed forces and the youth of the country, and must apologise to them.
With Bidhuri expressing regret, sources said, the committee was likely to bring closure to the matter and send its report to the speaker.
Breaking her silence on the 'cash-for-query' allegation against Trinamool Congress MP Mahua Moitra, party chief Mamata Banerjee on Thursday said that plans were in the works to expel her from Parliament but any such action would help the lawmaker from Krishnanagar ahead of the 2024 Lok Sabha elections.
Birla said he was assured by the leaders of their cooperation in conducting the Lok Sabha proceedings without any adjournment and added that he would give adequate time to all parties to raise their issues.
Trinamool Congress leader Abhishek Banerjee voiced support for MP Mahua Moitra on Monday, asserting that the party stands behind her in the face of a recommendation for expulsion from Lok Sabha over a 'cash-for-query' controversy.
A home in Lutyens' Delhi is the surest sign of having arrived . . .
Ali also said he was hopeful that action would be taken by Lok Sabha Speaker Om Birla against Bidhuri in line with the traditions of the Lower House and the Constitution.
Reserve Bank of India on Thursday said 15 large NBFCs, including LIC Housing Finance, Bajaj Finance, Shriram Finance and Tata Sons, will be subject to enhanced regulatory requirements. The central bank has categorised NBFCs into Base Layer (NBFC-BL), Middle Layer (NBFC-ML), Upper Layer (NBFC-UL) and Top Layer (NBFC-TL). A list of 15 large Non Banking Finance Companies (NBFCs) falling in the Upper Layer category has been released.
Aditya Birla Nuvo is in talks with global private equity players Blackstone, Carlyle and KKR to sell shareholding in its proposed holding firm for its financial services business. The financial services holding company will house its asset management, insurance, stock broking, wealth management and private equity businesses.
With this, the total number of MPs suspended for unruly behaviour from the Lok Sabha and the Rajya Sabha stands at an unprecedented 146 since December 14.
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SBI will hold 30 per cent in RIL joint venture
Trinamool Congress leader Sudip Bandyopadhyay announced that the opposition parties will meet at Congress president Mallikarjun Kharge's residence on Thursday morning to discuss the issue.
Posting a copy of her letter to the speaker on 'X', Moitra said, 'Have not received any replies from my previous letter to Hon'ble Lok Sabha Speaker but am placing this on record anyway.'
Dubey had on Saturday written to Lok Sabha Speaker Om Birla urging him to also probe the "unsavoury" conduct and remarks of Ali.
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