News for 'Co Ltd'

Dhoni to co-produce animated spy series 'Captain 7'

Dhoni to co-produce animated spy series 'Captain 7'

Rediff.com7 Apr 2021

Former India captain Mahendra Singh Dhoni is set to jointly produce an animated series, titled 'Captain 7'.

Excise case: ED names K Kavitha in fresh charge sheet

Excise case: ED names K Kavitha in fresh charge sheet

Rediff.com10 May 2024

The federal agency had arrested 46-year-old Kavitha, the daughter of former Telangana chief minister K Chandrashekar Rao, from her Banjara hills residence in Hyderabad on March 15.

Want to Know What Uorfi Javed Is Really Like?

Want to Know What Uorfi Javed Is Really Like?

Rediff.com20 Mar 2024

Amazon Prime Video has announced a huge number of assorted Web series and movies, and the slate sure looks interesting.

MSCB case: Ajit Pawar's associates get assets at throwaway prices, says court

MSCB case: Ajit Pawar's associates get assets at throwaway prices, says court

Rediff.com6 Jul 2023

The case pertains to an alleged scam in the Sahakari Sakhar Kharkhana (co-operative sugar factories) and Sahakari Soot Girnis.

Indian traders cry foul over Chinese silk

Indian traders cry foul over Chinese silk

Rediff.com5 Jul 2005

Barely a month after India began anti-dumping probe against Chinese silk imports, Indian traders are up in arms against Chinese firms, alleging that two Chinese government companies supplied damaged silk fabric to about a dozen Indian importers.

Garfield sues Chinese publishers

Garfield sues Chinese publishers

Rediff.com28 Aug 2004

Bullet train project of 'national importance': HC dismisses plea

Bullet train project of 'national importance': HC dismisses plea

Rediff.com9 Feb 2023

The Bombay high court on Thursday said the Mumbai-Ahmedabad bullet train project is of 'national importance and in public interest', and dismissed a petition filed by Godrej & Boyce company challenging the acquisition proceedings initiated by the Maharashtra government and the NHSRCL in suburban Vikhroli for the project.

Byju Raveendran, board members will not attend BYJU's Feb 23 EGM

Byju Raveendran, board members will not attend BYJU's Feb 23 EGM

Rediff.com22 Feb 2024

Edtech firm Think and Learn Private Ltd, owner of Byju's, on Thursday said neither the company's founder and CEO Byju Raveendran nor any other board member will attend the extraordinary general meeting called by some select investors. Shareholders at Byju's are set to vote on Friday on a resolution brought by some investors to oust founder CEO Byju Raveendran and his family members over alleged "mismanagement and failures". Byju's has called the EGM "procedurally invalid" and contractually in contravention of the company's article of association and shareholder's agreement.

Why Uday Kotak Will Step Down In December

Why Uday Kotak Will Step Down In December

Rediff.com7 Aug 2023

Unlike any other business, banking is a turf where the captain's role is the most critical. Often a bank is defined by the personality of the CEO who runs it. Both HDFC Bank and Kotak Mahindra Bank are the creation of their CEOs, notes Tamal Bandyopadhyay.

ShareChat lays off 200 staffers as it eyes profitability

ShareChat lays off 200 staffers as it eyes profitability

Rediff.com21 Dec 2023

Social media unicorn ShareChat has laid off 200 employees, around 15 per cent of its workforce, in another round of layoffs this year to reduce costs and achieve profitability within the next six quarters. In January, Mohalla Tech Pvt Ltd, the parent company of platforms ShareChat and Moj, fired 500 employees, 20 per cent of its workforce. The same month, company co-founders Bhanu Pratap Singh and Farid Ahsan also stepped down from executive roles.

Poonam Pandey isn't the face of cervical cancer campaign: Govt

Poonam Pandey isn't the face of cervical cancer campaign: Govt

Rediff.com8 Feb 2024

Actor Poonam Pandey is not being considered as the brand ambassador of the government's national campaign to spread awareness on cervical cancer, Union health ministry officials said on Wednesday.

Tata Power to offer pre-paid power

Tata Power to offer pre-paid power

Rediff.com21 Sep 2004

RBI rejects 3 small finance banks' applications

RBI rejects 3 small finance banks' applications

Rediff.com4 Jul 2023

The Reserve Bank of India has rejected three applications, including that of West End Housing Finance, for setting up small finance banks. These applications were found not suitable for granting of in-principle approval to set up small finance banks, it said in a statement on Tuesday. RBI had received about a dozen applications to set up banks under the guidelines for 'on tap' Licensing of Universal Banks and Small Finance Banks (SFBs).

'Can I buy two insurance policies for a car?'

'Can I buy two insurance policies for a car?'

Rediff.com23 Sep 2022

Sanjib Jha, CEO, Coverfox Insurance Broking answers your health insurance related queries.

KKR to invest Rs 2,069 cr in Reliance Retail; to hike stake to 1.42%

KKR to invest Rs 2,069 cr in Reliance Retail; to hike stake to 1.42%

Rediff.com11 Sep 2023

Global investment firm KKR will invest Rs 2,069.50 crore in Reliance Retail Ventures Ltd for a 0.25 per cent additional stake of the retailer at a valuation of about Rs 8.36 lakh crore, Reliance Industries Ltd said on Monday. After this investment, KKR's shareholding in Reliance Retail Ventures Ltd (RRVL), the holding company of the retail business of billionaire Mukesh Ambani-led RIL, will increase to 1.42 per cent from 1.17 per cent. The investment is at "a pre-money equity value of Rs 8.361 lakh crore (around $100.87 billion)", said a joint statement.

5 stocks that lost money in the recent rally

5 stocks that lost money in the recent rally

Rediff.com22 May 2013

The decline in these was mostly due to company or sector-specific issues, say experts.

Mid, smallcap indices stay afloat in choppy January

Mid, smallcap indices stay afloat in choppy January

Rediff.com6 Feb 2024

The S&P BSE Midcap and the S&P BSE Smallcap indices have managed to stay afloat in a volatile January that saw the frontline indices hit their respective 52-week high levels and then slip. While the S&P BSE Sensex has lost over 2 per cent thus far in January, the S&P BSE Midcap and the S&P BSE Smallcap indices have gained nearly 2.5 per cent and 4 per cent, respectively during this period.

Key investors may drag Byju's to NCLT

Key investors may drag Byju's to NCLT

Rediff.com21 Feb 2024

A consortium of shareholders with over 30 per cent stake in cash-strapped Byju's might approach the National Company Law Tribunal (NCLT) seeking a management change, if the extraordinary general meeting (EGM) scheduled for Friday failed to yield an 'amicable settlement' or faced further delays, sources said. Earlier this month, these shareholders had issued a notice calling for an EGM to address "persistent issues", including a change in management. They will vote for a revamp of the existing board, an exercise which would include asking Byju Raveendran to step down as chief executive officer (CEO) and relinquish his operational role, according to sources.

Adani group has paid off $2.15 bn share-backed loans

Adani group has paid off $2.15 bn share-backed loans

Rediff.com29 Mar 2023

Billionaire Gautam Adani-led promoter group has paid off all of the $2.15 billion loans taken pledging their shares in the conglomerate, and only debt at operating company level remains, Adani Group said seeking to assure investors of its ability to repay debt. Adani Group in a statement termed reports of the group not completing repayment of $2.15 billion share-backed debt "baseless and deliberately mischievous." "Adani has completed full prepayment of margin linked share-backed financing aggregating to $2.15 billion (as was announced on March 12) and all corresponding shares pledged for those facilities have been released," it said.

Lakshmi Machine Works to buy arms

Lakshmi Machine Works to buy arms

Rediff.com3 Feb 2003

Lakshmi Machine Works Ltd will seek members' approval for acquire subsidiaries - Dee Jay Leasing Co. Ltd., and LMW Investments Ltd.

Medica + Manipal Will Overtake Apollo

Medica + Manipal Will Overtake Apollo

Rediff.com12 Dec 2023

Next year Medica and Manipal will merge, making the amalgamated entity the largest corporate hospital chain in the country, overtaking Apollo Hospitals Enterprises.

ASK AJIT: 'Which shares to buy short term and long term?'

ASK AJIT: 'Which shares to buy short term and long term?'

Rediff.com17 Jan 2022

Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.

Australia considers diplomatic boycott of Beijing Winter Olympics, report says

Australia considers diplomatic boycott of Beijing Winter Olympics, report says

Rediff.com25 Nov 2021

Australia is considering not sending any government officials to the Winter Olympics to be held in Beijing next year amid growing calls from lawmakers for an official diplomatic boycott, the Sydney Morning Herald said in a report on Thursday.

Stop false and misleading advertisements, SC warns Ramdev's Patanjali

Stop false and misleading advertisements, SC warns Ramdev's Patanjali

Rediff.com21 Nov 2023

During the brief hearing, the bench asked Patanjali Ayurved not to publish misleading claims and advertisements against modern systems of medicine.

Sharad Pawar's MLA grand-nephew's firm gets MPCB notice for partial shutdown

Sharad Pawar's MLA grand-nephew's firm gets MPCB notice for partial shutdown

Rediff.com28 Sep 2023

Baramati Agro works in the fields of animal and poultry feed manufacturing, sugar and ethanol manufacturing, co-generation of power, trading of agri-commodities, fruits and vegetables and dairy products.

Israel-Hamas conflict: Indian exporters may face higher risk premiums, shipping costs

Israel-Hamas conflict: Indian exporters may face higher risk premiums, shipping costs

Rediff.com8 Oct 2023

Indian exporters shipping goods to Israel may face higher insurance premiums and shipping costs due to the Israel-Hamas conflict, according to experts. Israel witnessed a surprise and unprecedented multifront attack by air, land and sea by the Hamas militant group, which rules the Gaza Strip, in its southern parts on Saturday morning. The International trade experts said the conflict may reduce the profits of domestic exporters but will not impact trade volumes unless war escalates.

Stocks You Must AVOID or EXIT

Stocks You Must AVOID or EXIT

Rediff.com26 Apr 2022

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

All eyes on Apple's Cook as Watch launch expected

All eyes on Apple's Cook as Watch launch expected

Rediff.com9 Mar 2015

Apple has said the watch will launch in April

Wipro unveils CoE

Wipro unveils CoE

Rediff.com19 Oct 2004

Wipro Technologies, the global IT services division of Wipro Ltd, and Mercury Interactive Corporation on Tuesday unveiled the Mercury Centre of Excellence (CoE) at Wipro's Electronic city campus in Bangalore.

Future Retail insolvency process: 48 cos selected as eligible prospective bidders

Future Retail insolvency process: 48 cos selected as eligible prospective bidders

Rediff.com24 Apr 2023

As many as 48 companies, including Reliance Retail, Jindal Power Ltd and Adani group, are in the final list of eligible prospective resolution applicants for acquiring debt-ridden Future Retail Ltd. The Resolution Professional of Future Retail Ltd (FRL), which is currently going through an insolvency resolution process, on Monday came out with the final list of 'Eligible Prospective Resolution Applicants'. On April 10, FRL's RP updated a list of 49 companies, which had submitted Expressions of Interest (EoIs) after the company's lenders decided to invite fresh bids after dividing its assets into clusters.

ED raids BYJU's CEO, seizes 'incriminating material'

ED raids BYJU's CEO, seizes 'incriminating material'

Rediff.com29 Apr 2023

The Enforcement Directorate on Saturday said it has searched the Bengaluru-located office and residential premises of Edtech major BYJU's and its CEO and co-founder Raveendran Byju and seized 'incriminating' documents and digital data as part of a foreign exchange violation probe.

Mumbai is not for builders, says Bombay HC, pulls up 2 for default

Mumbai is not for builders, says Bombay HC, pulls up 2 for default

Rediff.com28 Feb 2023

This city is not for developers, and the Slum Rehabilitation Act (SRA) is intended to serve the purpose of public welfare and not the developers, the Bombay high court said, directing two developers to pay transit arrears of Rs 11 crore to a suburban SRA project.

Why's Mukesh Ambani Betting Big On Media

Why's Mukesh Ambani Betting Big On Media

Rediff.com28 Mar 2024

Could it be about clout? Given its size and influence, RIL doesn't need the media for that, notes Vanita Kohli-Khandekhar.

Banks' valuation discount to Sensex hits 10-year high

Banks' valuation discount to Sensex hits 10-year high

Rediff.com8 Feb 2024

Banks, the biggest component of the Indian equity market, are now trading at a big discount to the benchmark indicesThe BSE Bankex index, which tracks the share price of the 10 top listed banks, is trading at a trailing price to earnings (P/E) multiple of 15.3X, nearly a 40 per cent discount to the BSE Sensex current P/E of 24.37X. This is the biggest valuation gap between the two indices in at least 10 years. Similarly, the BSE Bankex price to book ratio (P/B) of 2.22X is 40 per cent lower than the current Sensex P/B ratio of 3.61X.

Bombay Dyeing debt gets F1+

Bombay Dyeing debt gets F1+

Rediff.com22 Feb 2003

Bombay Dyeing & Manufacturing Co Ltd said Fitch Rating India Pvt Ltd affirmed F1 + (Ind) rating to its short-term debt program.

Indian Hotels' independent directors back Cyrus Mistry

Indian Hotels' independent directors back Cyrus Mistry

Rediff.com4 Nov 2016

Ratan Tata-led interim management of Tata Sons is seeking to oust Mistry from his positions in the operating group firms, including IHCL and Tata Motors

HC quashes closure order against Rohit Pawar's firm

HC quashes closure order against Rohit Pawar's firm

Rediff.com19 Oct 2023

A division bench led by Justice Nitin Jamdar said the MPCB order was set aside for being 'disproportionate' and noted the order was passed in a 'hasty manner'.

India, France to jointly develop jet, helicopter engines; to build submarines

India, France to jointly develop jet, helicopter engines; to build submarines

Rediff.com15 Jul 2023

There was no word on the much-anticipated procurement of 26 naval variants of Rafale fighter jets by India from France.

Reliance is 1st Indian co to cross $100 bn annual revenue

Reliance is 1st Indian co to cross $100 bn annual revenue

Rediff.com6 May 2022

Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday reported a 22.5 per cent rise in net profit for the quarter ended March on the back of bumper oil refining margins, steady growth in telecom and digital services and strong momentum in the retail business. The oil-to-retail-to-telecom conglomerate's consolidated net profit rose to Rs 16,203 crore in the quarter ended March 31, 2022 from Rs 13,227 crore, the firm said in a statement. Net profit, however, fell 12.6 per cent sequentially -- breaking a six-quarter chain of quarter-on-quarter improvement.

GE Shipping places order

GE Shipping places order

Rediff.com24 Feb 2003

Great Eastern Shipping Company Ltd placed an order for a 45,500 metric ton new building product tanker with Hanjin Heavy Industries and Construction Co Ltd, South Korea.