Future Retail's independent directors had last week asked Amazon if it was willing to give a long-term loan to avoid default on repayment of Rs 3,500 crore loan due on January 29. Amazon replied to that saying it was willing to financially assist Future Retail through the Samara Capital deal but the retailer must shelve Rs 24,713 crore deal with the Reliance group.
The twin announcements have virutally cleared the decks for the merger of the two factions.
The Madras high court on Tuesday rejected a plea from mining giant Vedanta to order reopening of its Sterlite copper unit at Tuticorin in Tamil Nadu.
The Supreme Court on Thursday asked the CBI to go ahead with its probe in the Aircel-Maxis deal without waiting for necessary sanction against an official "holding high position" in connection with irregularities in the case arising out of 2G scam.
Punishing brand ambassadors shows that the government is only interested in going after the low hanging fruit, says Tanmaya Nanda.
Indian roads continue to be among the most dangerous in the world. Few people are even aware that the Good Samaritan Law exists. Getting a licence to drive is still far too easy.
PSUs will get direct allotment.
Unless public health is prioritised over swift re-opening, the chances are that a third wave will hit India sooner than we would like.
Indian scientists who wrote to the PM last week are not entirely rejecting GMOs but instead asking for caution and further testing to establish their safety.
The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.
The court also directed that police officers, who were earlier appointed as nodal officers to deal with incidents of mob lynching, would be now responsible to deal with cases of alleged assault on Kashmiris.
A petition filed by Swapnil Tripathi, a final year student studying at the National Law University, Jodhpur, prompted the Supreme Court to allow live streaming of the opaque proceedings within.
'Tension is being created in society because of this green flag, which is not even an Islamic flag.' 'There is no history of such a green flag being used in the Muslim world.'
In a huge setback for Ranjit Sinha, the Supreme Court on Thursday asked the CBI director to withdraw himself from overseeing the investigation into the 2G spectrum case.
His approach to issues once prompted jurist Fali S Nariman to declare, 'When Krishna Iyer speaks, the nation listens.'
Implementing the Food Ordinance is the bigger challenge and there are many provisions of the National Food Security Bill which need to be expanded and strengthened.
Delhi's air is a desperate problem, but some of the solutions have been too desperate and unthinking.
'Mamata Banerjee was an anti-body that the people of West Bengal needed to throw the CPI-M out. Though the disease is no more, we are suffering the anti-body. It is a punishment for the people of this state.' BJP leader Tathagatha Roy lashes out at the West Bengal chief minister.
'Alok Verma can say he was helpless, but he could have made representations to the CVC, the Chief Justice of India or the prime minister in writing.' 'He could have told them that his number 2 was not cooperating and is corrupt, but he did not do that.' 'He acted arbitrarily and in a hurried manner, overnight.'
Recent statistics show that the situation is no different across the country with several hospitals lacking the infrastructure to manage a breakout of a blaze.
'That would once and for all teach all the film-makers of this country a fitting lesson!'
The city is waging a war against garbage, says Anjuli Bhargava.
Out to prove his critics wrong, Haryana Chief Minister Bhupinder Singh Hooda says it's not anti-incumbency but pro-incumbency that will work in his favour and give him a third term.
Modi government is pushing GM food crops without adequate safety assessment and transparency, claim activists.
The NHRC issued notice to the Union ministries of home and human resource development seeking a report over the reported ill-treatment of Kashmiri people in the aftermath of the attack.
History shows us that even effective vaccines could have unknown side effects that could develop over time, warns former Cabinet Secetary K M Chandrasekhar.
In the next few weeks, the Bombay High Court will hear the institute's petition to review its 2011 directive to vacate the land it occupies in Film City.
Ansuya Dutt, who never stopped fighting for women's rights, can be an inspiration to us never to lose sight of our basic beliefs, never mind peer pressure.
The girl lending the helping hand won her hearts and accolades, with Hero Cyles taking special note.
Kishore Biyani led-Future Group has filed a caveat before the Delhi high court requesting it to be heard if any plea is filed by e-commerce major Amazon over its Rs 24,713 crore deal with Mukesh Ambani-led RIL. Anticipating a move by Amazon, which had got an interim arbitration award in its favour, putting the announced deal on hold, the Future Group firm has moved the Delhi high court.
The pass percentage of government school students of Class XII was 90.68 per cent, while 88.35 per cent students from private schools cleared the exams.
'Chandra Shekhar used to say that some people may oppose such a decision from their mouth, but all will accept it from their heart as the best solution to the dispute.'
The company has been at the centre of an outcry over visa abuse.
The Supreme Court on Thursday said there was no bar on the collegium to go ahead with its work to appoint judges for the higher judiciary, which is plagued with large-scale vacancies.
'The appointment of judges must not be under the control of the government,' says Prashant Bhushan.
Our former PM was killed by these people. What mercy is to be seen or shown, said the government to the SC.
'Mamata is campaigning hard and not giving the BJP a walkover.'
On the occasion of her breaking the world's longest hunger strike, Rediff.com reproduces this 2011 feature on the activist and her life.
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
