News for 'Co Ltd'

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.

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.

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.

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.

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.

Saraswat takes over Nashik co-op bank

Saraswat takes over Nashik co-op bank

Rediff.com25 Dec 2007

As part of its expansion plan to strengthen its base in North Maharashtra, Saraswat Co-operative Bank Ltd (SCBL), the largest multi-state co-operative bank in the country with a business turnover of Rs 17,000 crore, has acquired the financially troubled city-based Nashik People's Co-operative Bank (NPCB) with 14 branches.

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.

NTT DoCoMo to sell Tata Teleservices stake if targets not achieved

NTT DoCoMo to sell Tata Teleservices stake if targets not achieved

Rediff.com25 Apr 2014

The sale price would be 72.5 billion rupees ($1.19 billion) -- the equivalent to half of the original acquisition price -- or a 'fair market price', whichever was higher, as agreed when DoCoMo made the initial investment in 2009, Japan's top mobile phone services operator said in a statement.

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.

Is the Chinese Mi 4 an iPhone killer?

Is the Chinese Mi 4 an iPhone killer?

Rediff.com22 Jul 2014

China's Xiaomi unveiled on Tuesday its new flagship Mi 4 smartphone, aimed squarely at the premium handset market dominated by Apple Inc and Samsung Electronics Co Ltd.

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.

Lenovo bets big on India, aims to take on Samsung

Lenovo bets big on India, aims to take on Samsung

Rediff.com1 Feb 2013

The company, which sells more phones than Samsung in China, aims to sell 1 million smartphones in India next financial year.

Work on GMDC-Nalco aluminium plant to start in Apr

Work on GMDC-Nalco aluminium plant to start in Apr

Rediff.com24 Dec 2012

The details of the project are yet to be worked out by the two companies.

RCom deal: Alcatel, Ericsson front runners

RCom deal: Alcatel, Ericsson front runners

Rediff.com11 Jun 2012

The Rs 8,000-cr deal is expected to be finalised early next month.

Happy hour in Asia as global booze makers eye deals

Happy hour in Asia as global booze makers eye deals

Rediff.com28 Jan 2013

Liquor market in the continent is growing twice as fast as the rest of the world.

Oil Min blocks PSUs buying Gujarat Gas stake

Oil Min blocks PSUs buying Gujarat Gas stake

Rediff.com24 Oct 2012

Govt was vary of giving BJP-leader and Gujarat Chief Minister Narendra Modi any kind of advantage on the eve of elections in the state.

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.

Xiaomi dethrones Samsung to become top smartphone seller

Xiaomi dethrones Samsung to become top smartphone seller

Rediff.com5 Aug 2014

The company is already setting up shop elsewhere in Asia in Malaysia, Singapore and the Philippines.

Bennett, Coleman in race to buy Neo Cricket, Neo Sports

Bennett, Coleman in race to buy Neo Cricket, Neo Sports

Rediff.com17 Jan 2012

India's largest diversified media conglomerate Bennett, Coleman and Co Ltd (BCCL), popularly known as the Times Group, has joined the race to pick up a majority stake in the two sports channels of Nimbus Communications.

Dhoni is co-owner of Chennai football franchise

Dhoni is co-owner of Chennai football franchise

Rediff.com7 Oct 2014

Dhoni on Monday became the co-owner of Chennaiyin FC, one of the eight franchise of Indian Super League.

Orient Express, Tata honchos to meet

Orient Express, Tata honchos to meet

Rediff.com27 Oct 2012

In an attempt to allay concerns of the US-based hospitality chain, Indian Hotels Co Ltd vice-chairman R K Krishna Kumar, in a letter to Lovejoy, said the Tata group firm would like to engage in a constructive dialogue.

Taj to develop two hotels in China

Taj to develop two hotels in China

Rediff.com10 Jan 2012

The Indian Hotels Company Ltd, operator of the Taj brands of hotels, on Monday formed a joint venture with Yunnan Tourism Co Ltd to develop and manage two hotels in China's Yunnan province.

Will BlackBerry co-founders buy the company?

Will BlackBerry co-founders buy the company?

Rediff.com11 Oct 2013

BlackBerry co-founders Mike Lazaridis and Douglas Fregin are considering a bid to buy the struggling smartphone maker, according to a securities filing on Thursday, raising the prospect of an alternative to a $4.7 billion offer led by its top shareholder.

Geometric Soft CFO quits

Geometric Soft CFO quits

Rediff.com17 Feb 2003

Geometric Software Solutions Co Ltd chief financial officer P Sriganesh resigned to pursue a career as an consultant.

Indian Hume fixes buyback date

Indian Hume fixes buyback date

Rediff.com24 Jan 2003

Indian Hume Pipe Co. Ltd fixed February 22 as the specified date for the buy back of shares.

MindTree chief on its scrapping $8-mn project

MindTree chief on its scrapping $8-mn project

Rediff.com25 Apr 2011

Albert Hieronimus tells Bibhu Ranjan Mishra and Pradeesh Chandran, he is optimistic.

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.

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.

HCC Infrastructure to enter airports business

HCC Infrastructure to enter airports business

Rediff.com23 Aug 2010

HCC Infra is engaged in the creation and management of assets in the areas of roads and power. The company also built the landmark Bandra-Worli Sealink in Mumbai.

Ranbaxy exits from Chinese joint venture

Ranbaxy exits from Chinese joint venture

Rediff.com29 Dec 2009

Ranbaxy Ghuangzhou China is a joint venture formed in 1993 between the Ranbaxy group, Guangzhou Baiyunshan Pharmaceutical Company Ltd, China and Hong Kong New Chemic.

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.

Will smartwatches catch the fancy of Swiss companies?

Will smartwatches catch the fancy of Swiss companies?

Rediff.com31 Mar 2014

With their hundreds of years of watch making experience, Swiss watchmakers can afford to take a long view of technological fads and fashions.

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.

Matrix Labs eyes Chinese, SA pharma cos

Matrix Labs eyes Chinese, SA pharma cos

Rediff.com27 Dec 2005

Matrix Laboratories Ltd said it has decided to make investments in several pharmaceutical companies in China and in one company in South Africa.

Cipla's arm Meditab sells stake in Jiangsu for $18.5 mn

Cipla's arm Meditab sells stake in Jiangsu for $18.5 mn

Rediff.com10 Dec 2014

The closing of the transaction is subject to receipt of applicable regulatory approvals in China.

USFDA bans more products from Ranbaxy

USFDA bans more products from Ranbaxy

Rediff.com24 Jan 2014

The move follows an FDA inspection of a Ranbaxy facility which identified significant violations of sound manufacturing practices.

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.

Japan's Kokuyo to buy majority stake in Camlin

Japan's Kokuyo to buy majority stake in Camlin

Rediff.com2 May 2011

Japanese firm to retain Camlin, Camel brands.

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.