In a relief to R S Lodha, the Company Law Board on Monday dismissed a petition seeking investigation into who controls M P Birla flagship company Birla Corporation.
From taking charge of Jharkhand as its youngest chief minister at 38 to establishing himself as a 'fighter' for tribal rights, Hemant Soren, who was arrested by the Enforcement Directorate, is an accidental leader thrust into politics after a family tragedy.
The Aditya Birla Group mayrestructure plan to bring all its retail verticals under Pantaloon Fashion & Retail.
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.
Opposition parties of the Indian National Developmental Inclusive Alliance (INDIA) boycotted Lok Sabha proceedings on Friday to protest the suspension of Congress leader Adhir Ranjan Chowdhury from the House.
The much-anticipated legal battle between the Birlas and their auditor Rajendra S Lodha over the control of M P Birla group could not begin on Monday as a Calcutta high court judge declined to hear the matter on personal grounds.
The retailer, which runs a supermarket chain under the More brand, is targeting annual sales of $4.5 billion (Rs 22,000 crore or Rs 220 billion) by March 2014 from Rs 1,200 crore (Rs 12 billion) in the current financial year. The retailer clocked sales of Rs 500 in the previous year. In 2007, the company had talked about a Rs 9,000 crore (Rs 90 billion) investment plan.
While near-term performance is difficult to predict after a huge run-up, fund managers believe the PSU theme's prospects remain sound over the medium to long term.
Trinamool Congress MP Mahua Moitra, currently facing recommendations for expulsion from the Lok Sabha in a cash-for-query row, was tasked with strengthening the party's organisation in West Bengal's Nadia district ahead of the 2024 general elections, in a clear message of support from the TMC.
India Inc believes that the FM has done a terrific job, but consumers may not have got their due.
Makeup brought a bevy of beauties together in Mumbai.
Tatas agreed to a joint venture, competed with it, later walked out and are now filing 'frivolous' petitions against it, Birlas told Supreme Court in reply to Tata Industries' plea for arbitration on mobile firm Idea Cellular.
With Christmas and the New Year approaching, doctors at some hospitals in the city also referred to the detection of the first case of the new JN.1 variant of the coronavirus in the country and asked people to exercise extra caution.
Vrde currently manages about $14 billion globally, and has invested nearly $500 million in India in the past five years
Dubey had on Saturday written to Lok Sabha Speaker Om Birla urging him to also probe the "unsavoury" conduct and remarks of Ali.
Bharatiya Janata Party MP Nishikant Dubey said on Saturday the Lok Sabha Speaker should also probe the 'unsavoury' conduct and remarks of Danish Ali, who was recently at the receiving end of ruling party member Ramesh Bidhuri's derogatory words in the House.
In separate letters to the speaker, Congress leader Adhir Ranjan Chowdhury, Supriya Sule of the NCP, DMK leader Kanimozhi and TMC's Aparupa Poddar said what had happened with Ali is unfortunate and that action should be taken against Bidhuri.
Lok Sabha Speaker Om Birla has referred MPs' complaints on the issue involving BJP member Ramesh Bidhuri's use of objectionable words against BSP's Danish Ali to the Privileges Committee, sources said on Thursday.
A bench comprising Justice S B Sinha and Justice H S Bedi, which is hearing the matter, had earlier issued notices asking Lodha, the representatives and legal heirs of Late Laxmi Devi Newar, including Nand Gopal Khaitan, to file their replies. The hearing will resume on Wednesday.
The legal battle for the Rs 5,000 crore (Rs 50 billion) worth assets of M P Birla group has entered a crucial stage with the main arguments for claimant Rajendra S Lodha's probate petition for Priyamvada Birla's purported will about to begin soon.
An I-T probe, sources said, was on to trace the recipient of the reported transfer into a multi-national bank in Singapore.
AV Birla Group chairman, Kumar Mangalam Birla and the chief executive officer of Aditya Birla Retail, Sumant Sinha bare the details, in this open-ended conversation, about their plans for Aditya Birla Retail.
A division bench comprising Justice P C Ghose and Justice T K Dutta, while setting aside the order of Justice K J Sengupta appointing the four administrators to the estate, directed Lodha not to sell any part of it or spend any amount from it except for its maintenance.
Lok Sabha proceedings on Tuesday began in the new Parliament building, located adjacent to the old one, starting a new chapter in the parliamentary history of India.
"I want to send you my good wishes that you prepare so much that you get a chance to bring a no-confidence again in 2023," he had said while replying in Lok Sabha to the no-confidence motion in 2019, ahead of the general elections.
Six bills, including the one to amend the Jammu and Kashmir Reorganisation Act, were introduced in the Lok Sabha on Wednesday amid protests by opposition members over the violence in Manipur.
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.
Having drawn the blueprint to pass on his over Rs 7,000 crore (Rs 70 billion) business empire to his daughters and grandchildren, India's grand old industrialist B K Birla has set about restructuring unlisted companies in the group.
With this, we are getting a global footprint in 29 countries and take our employee strength to 100,000.
'Aleris will bring in $3 billion of revenue. Novelis has $12 billion of revenues. If we add Hindalco's $6-billion revenue, then on a consolidated basis, we will become the world's largest aluminium company outside China.'
'Unlike Big Bazaar, where the promoter calls the shot, in ABRL, professionals take decisions. So, every new CEO leads to a change in strategy, which confuses vendors and the team.'
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