News for 'Birlas'

Goodbye, Dr Singh

Goodbye, Dr Singh

Rediff.com28 Dec 2024

Dr Manmohan Singh's mortal remains were consigned to the flames at the Nigambodh Ghat in New Delhi on Saturday, December 28, 2024 amid the chanting of religious hymns.

Court removes Harsh Vardhan Lodha from MP Birla group cos

Court removes Harsh Vardhan Lodha from MP Birla group cos

Rediff.com19 Sep 2020

The court's directions mean that Lodha immediately ceases to hold all positions in the M P Birla group, including as director in the firms and other positions in the trusts and societies of the M P Birla group, a statement from the Birlas read.

One nation, one election bill likely to be tabled in LS today

One nation, one election bill likely to be tabled in LS today

Rediff.com17 Dec 2024

The Indian Parliament will introduce a constitutional amendment bill on Tuesday that seeks to hold Lok Sabha and state assembly elections simultaneously. The bill, popularly known as "one nation, one election", will be introduced by Union Law Minister Arjun Ram Meghwal and is likely to be referred to a joint committee of both houses for wider consultations. The bill also aims to align elections in the union territories of Jammu and Kashmir, Puducherry, and the NCT of Delhi. The move has been met with mixed reactions, with some supporting the idea of reducing election-related expenses and others expressing concerns about its impact on democratic processes.

Birla offers to hand over his stake to keep Vodafone Idea afloat

Birla offers to hand over his stake to keep Vodafone Idea afloat

Rediff.com2 Aug 2021

Aditya Birla group chairman Kumar Mangalam Birla has offered to hand over his stake in debt-laden Vodafone Idea Ltd (VIL) to the government or any other entity that the government may consider worthy to keep the company operational. The billionaire businessman made the offer in June in a letter to Cabinet secretary Rajiv Gauba. According to official data, VIL had an adjusted gross revenue (AGR) liability of Rs 58,254 crore out of which the company has paid Rs 7,854.37 crore and Rs 50,399.63 crore is outstanding.

Economy rapidly normalising towards pre-pandemic levels: Kumar Mangalam Birla

Economy rapidly normalising towards pre-pandemic levels: Kumar Mangalam Birla

Rediff.com18 Aug 2021

The Indian economy is rapidly normalising towards pre-pandemic activity levels, even as uncertainty exists about coronavirus mutations and repeated infection waves, industrialist Kumar Mangalam Birla said on Wednesday. Vaccination is picking up pace, which would improve India's resilience against a potential third wave, the chairman of Aditya Birla Group said while virtually addressing shareholders at the AGM of group firm UltraTech Cement Ltd. Moreover, various steps taken by the RBI and the government have helped in containing the economic disruptions of the pandemic, Birla added.

Adani firm repays Rs 1,500 cr to SBI Mutual Fund, Aditya Birla Sun Life

Adani firm repays Rs 1,500 cr to SBI Mutual Fund, Aditya Birla Sun Life

Rediff.com22 Feb 2023

Adani Ports and Special Economic Zone has repaid Rs 1,500 crore loan and will repay another Rs 1,000 crore in commercial papers due in March. The Adani Group firm paid Rs 1,000 crore to SBI Mutual Fund and Rs 500 crore to Aditya Birla Sun Life Mutual Fund on commercial papers that matured on Monday, as scheduled.

Aditya Birla group to take over Reebok's India operations

Aditya Birla group to take over Reebok's India operations

Rediff.com14 Dec 2021

In a major expansion into sportswear and lifestyle wear segment, the Kumar Mangalam Birla-led Aditya Birla Fashion & Retail has signed a long-term licensing agreement with Authentic Brand Group of New York, which has the marketing and branding rights of Reebok, to run the operations of the global sportswear, athletic and lifestyle major in the country and ASEAN markets. The new agreement between the largest domestic multi-brand fashion retailer and Authentic Brand is an extension of their existing relationship as ABFRL already markets and sells some ABG brands like Forever 21. The agreement follows the global transfer of ownership of the Reebok brand from Adidas to ABG, which is expected to close in the first quarter of 2022.

Opposition members suspended from panel on Waqf Bill

Opposition members suspended from panel on Waqf Bill

Rediff.com25 Jan 2025

All opposition members of the parliamentary panel on the Waqf Amendment Bill were suspended for a day on Friday amid continuous protests and accusations against Chairman Jagdambika Pal of steam-rolling through the proceedings.

Kumar Birla: Budget invests boldly in India's future

Kumar Birla: Budget invests boldly in India's future

Rediff.com10 Feb 2022

As the FM said, this is a Budget that lays the foundation for the next 25 years, observes Kumar Mangalam Birla.

Oppn To Push For JPC On Adani Issue

Oppn To Push For JPC On Adani Issue

Rediff.com25 Nov 2024

Floor leaders of the Opposition Indian National Developmental Inclusive Alliance met on Monday ahead of the start of Parliament's winter session and decided to raise the issue of alleged corruption in the Adani Group and demand a Joint Parliamentary Committee on the matter.11111111111111111111111111

Reference to Emergency could've been avoided: Rahul to Speaker

Reference to Emergency could've been avoided: Rahul to Speaker

Rediff.com27 Jun 2024

Leader of Opposition in the Lok Sabha Rahul Gandhi met Speaker Om Birla on Thursday and voiced his displeasure over the reference to Emergency made by the chair, saying it was 'clearly political' and could have been avoided.

High drama in Parl: 2 MPs in ICU; both file plaints against each other

High drama in Parl: 2 MPs in ICU; both file plaints against each other

Rediff.com19 Dec 2024

Ruling NDA and opposition INDIA bloc MPs clashed in Parliament on Thursday over Home Minister Amit Shah's remarks on B.R. Ambedkar, leading to jostling and an injury to BJP MP Pratap Sarangi. The opposition demanded Shah's resignation, while the BJP defended him.

Sonia calls Prez Murmu 'poor thing', Rashtrapati Bhavan hits back

Sonia calls Prez Murmu 'poor thing', Rashtrapati Bhavan hits back

Rediff.com31 Jan 2025

Congress Parliamentary Party chairperson Sonia Gandhi's reaction to President Droupadi Murmu's address to the Joint session of the Parliament on Friday stoked a controversy.

Tributes pour in for Tata's 'Ratan'

Tributes pour in for Tata's 'Ratan'

Rediff.com10 Oct 2024

Industry leaders on Thursday mourned the death of Ratan Tata saying with his demise India has lost a visionary who shaped its industrial and philanthropic landscape. Tata was a truly remarkable business leader who placed the country before business interests, and whose vision was truly transformational for a country and its people, TVS Motor Co Chairman Emeritus Venu Srinivasan said in a statement. "Mr Tata was a truly remarkable business leader, the likes of whom nations get only once in a century," he added.

Waqf bill among 16 to be passed in winter session

Waqf bill among 16 to be passed in winter session

Rediff.com21 Nov 2024

As Parliament gears up for a stormy start next week over the Adani issue, the government has listed 16 bills, including one to amend the waqf law and five new ones, for the winter session.

Why Gautam Adani is on a buying spree

Why Gautam Adani is on a buying spree

Rediff.com21 Nov 2024

The billionaire Adani family, which is building an in-house construction and engineering ecosystem by acquiring ITD Cementation and PSP Projects, is actively seeking additional acquisition opportunities, according to bankers. As part of its $100 billion investment plan by 2030, the Ahmedabad-based group has undertaken several large-scale construction projects, including the Dharavi redevelopment, Ganga Expressway, a mega convention centre in Mumbai and airports.

'It Was Always About The Bride'

'It Was Always About The Bride'

Rediff.com25 Feb 2025

'Her story, her life, her aspirations and struggles...' 'Indian weddings are not just about fuschia, pink and dancing. They have many nuances.'

Lok Sabha Speaker Om Birla tests Covid positive, admitted to AIIMS

Lok Sabha Speaker Om Birla tests Covid positive, admitted to AIIMS

Rediff.com21 Mar 2021

Lok Sabha Speaker Om Birla was admitted to the All Indian Institute of Medical Sciences COVID Centre in New Delhi for observation on March 20 after testing positive for coronavirus, and he is presently stable, the hospital said.

Harsh Lodha reappointed director in Birla Corp despite panel's rejection

Harsh Lodha reappointed director in Birla Corp despite panel's rejection

Rediff.com26 Aug 2020

Nearly 98% of shareholders vote in favour of his reappointment and payment of remuneration to Lodha.

Why Opposition didn't seek division of Speaker votes

Why Opposition didn't seek division of Speaker votes

Rediff.com26 Jun 2024

The Congress on Wednesday said the Indian National Developmental Inclusive Alliance (INDIA) constituents did not seek a division of votes in the Speaker's election as they wanted to maintain a spirit of consensus and cooperation.

Has Jaishankar Startled Piyush Goyal?

Has Jaishankar Startled Piyush Goyal?

Rediff.com16 Aug 2024

Glimpses of the At Home reception hosted by President Droupadi Murmu on Independence Day at Rashtrapati Bhavan.

Modi, Ambani, Shah Rukh, Salman attend star-studded Maha swearing-in

Modi, Ambani, Shah Rukh, Salman attend star-studded Maha swearing-in

Rediff.com5 Dec 2024

Prime Minister Narendra Modi, his cabinet colleagues Amit Shah, Nitin Gadkari, Rajnath Singh, chief ministers of Nationalist Democratic Alliance-ruled states and prominent personalities from industry and Bollywood on Thursday attended the grand swearing-in of Devendra Fadnavis as Maharashtra Chief Minister in Mumbai.

He Wants To Set Up Fuel Stations In Space!

He Wants To Set Up Fuel Stations In Space!

Rediff.com20 Feb 2025

'It is our duty to keep space sustainable and free of debris.'

AI-Enabled Glasses Will Help Visually Impaired

AI-Enabled Glasses Will Help Visually Impaired

Rediff.com4 Dec 2024

'Integrated with sensors, cameras, Nvidia Jetson processors, LiDAR technology and AI model computation, the glasses provide a real-time interpretation of the environment and the individual's surroundings.'

SEBI chief Buch skips PAC summons; BJP miffed at panel chair

SEBI chief Buch skips PAC summons; BJP miffed at panel chair

Rediff.com24 Oct 2024

Buch, under a cloud over allegations of conflict of interest levelled by United States-based short-seller Hindenburg, was asked to appear before the PAC, which is reviewing the performance of the market regulator.

Uproar in LS over TMC MP's remarks against Scindia

Uproar in LS over TMC MP's remarks against Scindia

Rediff.com11 Dec 2024

"Mr Kalyan Banerjee rose in this House and said sorry. But I will say that we all come to this House with the spirit of contribution to the nation's development...but we also come with a sense of self respect.

'Nitish, Naidu Cheated Muslims On Waqf'

'Nitish, Naidu Cheated Muslims On Waqf'

Rediff.com30 Jan 2025

'When voting clause by clause on Waqf came up in the JPC, the TDP and JD-U supported the BJP on each and every clause.'

President Murmu to lead celebrations to mark 75 years of Constitution

President Murmu to lead celebrations to mark 75 years of Constitution

Rediff.com25 Nov 2024

A special website has also been created to mark the year-long celebrations, Union Culture Secretary Arunish Chawla told reporters during a briefing at the National Media Centre in New Delhi.

Opposition forces repeated Parliament adjournments over NEET issue

Opposition forces repeated Parliament adjournments over NEET issue

Rediff.com29 Jun 2024

The opposition caused repeated disruptions in Parliament Friday over the NEET paper leak issue, with both Houses being adjourned for the day without transacting much business apart from the Rajya Sabha taking up the Motion of Thanks for the President's address amid protests including by the Biju Janata Dal, which almost always supported the BJP in the previous Lok Sabha.

Quant Funds: Algo-driven approach reduces human bias, risk of style drift

Quant Funds: Algo-driven approach reduces human bias, risk of style drift

Rediff.com10 Dec 2024

SBI Mutual Fund recently launched the SBI Quant Fund. Its new fund offer (NFO) opened on December 4, 2024, and will close on December 18, 2024. Currently, 11 fund houses manage quant funds with assets worth Rs 9,013.6 crore.

Opposition demands debate on Constitution in both Houses

Opposition demands debate on Constitution in both Houses

Rediff.com26 Nov 2024

Opposition leaders on Tuesday demanded a debate on the Constitution in both Houses of Parliament, stressing it was needed in the light of the recent developments in the country.

Major ruckus in Parliament over 'Cong-Soros' link

Major ruckus in Parliament over 'Cong-Soros' link

Rediff.com9 Dec 2024

Proceedings of both Houses of Parliament were disrupted on Monday as the treasury benches accused top Congress leaders of colluding with billionaire investor George Soros to destabilise the country, triggering protests from opposition members.

2024's 10 Best Web Series

2024's 10 Best Web Series

Rediff.com9 Dec 2024

The year was rich in content as far as Web series were concerned.

D-Street cautious on Aditya Birla Fashion amid weak performance

D-Street cautious on Aditya Birla Fashion amid weak performance

Rediff.com10 Mar 2023

The stock of Aditya Birla Fashion Retail is down 10 per cent from its February high. Even as the revenue performance of the apparel retail major in the October-December quarter's for the 2022-23 financial year (Q3FY23) was better than expected, the company saw brokerage downgrades, given the weak operating performance and the pressure on margins. This the second consecutive quarter of margin miss despite strong traction on the sales front.

Speaker chides Hooda for remarks after Tharoor says 'Jai Samvidhan'

Speaker chides Hooda for remarks after Tharoor says 'Jai Samvidhan'

Rediff.com27 Jun 2024

Lok Sabha Speaker Om Birla chided Congress member Deepender Hooda over certain remarks as Shashi Tharoor chanted 'Jai Hind, Jai Samvidhan' after taking oath as member of the House.

Half of India Faces Glucose Imbalance

Half of India Faces Glucose Imbalance

Rediff.com5 Dec 2024

'Obesity, especially central obesity and increased visceral fat due to physical inactivity, along with the consumption of high-calorie, high-fat, and high-sugar diets, are major contributing factors.'

Selective expunction defies logic: Rahul asks Speaker to restore LS speech

Selective expunction defies logic: Rahul asks Speaker to restore LS speech

Rediff.com2 Jul 2024

Gandhi's remarks drew massive protests from the treasury benches and a rare intervention from the prime minister, who slammed the Congress leader for calling the entire Hindu community violent.

Congress MPs raise Delhi police 'ill-treatment' with Birla, Naidu

Congress MPs raise Delhi police 'ill-treatment' with Birla, Naidu

Rediff.com16 Jun 2022

Congress MPs on Thursday met the LoK Sabha Speaker Om Birla and Rajya Sabha chairman M Venkaiah Naidu and raised the issue of alleged ill-treatment of party lawmakers, including some women, by the Delhi police during their protests in the national capital against Rahul Gandhi's questioning by the Enforcement Directorate.

After row, Maha govt withdraws order to allocate Rs 10cr to Waqf board

After row, Maha govt withdraws order to allocate Rs 10cr to Waqf board

Rediff.com29 Nov 2024

The development comes a day after a government resolution (GR) was issued, in which the state administration ordered disbursal of Rs 10 crore funds for strengthening the state Waqf Board.

AQI Spike Triggers Health Crisis

AQI Spike Triggers Health Crisis

Rediff.com20 Nov 2024

'Many of these patients arrive at emergency departments in distress, struggling to breathe and requiring immediate medical intervention.'