The jury found Samsung violated several Apple patents including those related to iPhone's design and appearance
Future Retail Ltd (FRL) on Wednesday held a meeting of its shareholders to consider and approve the sale of the company's retail assets to billionaire Mukesh Ambani's Reliance Retail Ventures Ltd. The meeting was chaired by Shailesh Haribhakti, FRL said in a regulatory filing. Haribhakti has been appointed by the NCLT to chair the meeting. The result of the voting will be announced in due course, it added.
A seasoned banker with over 30 years of experience, Bakhshi is a mechanical engineer from Punjab Engineering College, Chandigarh. He has a post-graduate degree in management from Xavier Labour Relations Institute.
Wockhardt Ltd has signed an In-licensing agreement with UK-based LSI to market Vitix, a drug used for treating pigmentation disorder.
Software product development company, R Systems International Ltd, has completed the acquisition of US-based technical support company WebConverse, for over $10.7 million (about Rs 49 crore or Rs 490 million).\n\n
Samsung India on Tuesday announced the launch of four new mid-segment smartphones - Galaxy A3, Galaxy A5, Galaxy E5 and Galaxy E7.
It was a replay of the annual general meetings of the cable companies of the M P Birla group last month even as the Birla side raised "illegalities" in the latest poll results.
Union minister Hardeep Singh Puri on Saturday said the construction of a new Parliament building and redevelopment of the Central Vista Avenue, stretching from Rashtrapati Bhavan to the India Gate, will be completed in a time-bound manner.
A special court in Mumbai has said that Shiv Sena MP Sanjay Raut dealt with some "unaccounted money" for purchasing plots at Kihim near Alibag in Raigad district, but the same cannot be "thrown in the stock of proceeds of crime (POC) under the provisions of the Prevention of Money Laundering Act (PMLA)".
Invest in quality companies that make profits, advises stock market expert and rediffGURU Samraat Jadhav.
Sun Pharmaceutical Industries Ltd on Monday said its Michigan-based wholly owned subsidiary,
Future Retail on Saturday said it has missed the due date for payment of Rs 3,494.56 crore to banks and lenders as it could not sell assets due to its ongoing litigation with amazon, impacting its monetisation plans. Future Retail had last year entered into a one-time restructuring (OTR) scheme for COVID-19 hit companies with a consortium of banks and lenders and was to discharge "an aggregate amount of Rs 3,494.56 crore" on or before December 31, 2021. Kishore Biyani-led Future group firm would be "co-operating for completing the monetisation of the specified business within next 30 days" as per directions of the banks to resolve the current situation, said a regulatory filing by Future Retail.
Licence winners are expected to be announced by the first quarter of 2014.
A Chennai-based software development company Arrowpoint Technologies Pvt Ltd has developed Enterprise Strategy Ware, a balanced scorecard product, which is a Harvard business school concept that provides complete business solutions to improve operati
State-run Oil India Ltd has signed an agreement with Canadian Commercial Corporation for collaboration in providing exploration and production services in India and abroad.
Fund mobilisation by companies through equity and debt routes has dropped 20 per cent in 2022 to nearly Rs 11 lakh crore, as exuberance dwindled this year due to expensive credit avenues and volatile markets. The first half of 2023 could continue to remain challenging. The year 2021 was extraordinary for fundraising from the equity and debt routes, while 2022 has seen a slowdown in capital raising owing to elevated volatility provoked by unprecedented inflation globally and the Russia-Ukraine war.
A deal with the Assam government, which holds majority stake in the company through Assam Industrial Development Corporation Ltd, is likely by October.
On Sept 15 Google launched the first of its Android One phones in India aimed at making smartphones more affordable for the masses.
IT solutions provider Aftek Infosys Ltd said it has acquired 49 per cent stake in Munich-based Arexera Information Technologies Gmbh for Euro 8.86 million.
Lenovo Group Ltd said on Tuesday it was establishing a smartphone assembly unit in India.
The mission objective is to ensure data continuity of ocean color and wind vector data to sustain the operational applications.
Thapar, 60, was arrested under the Prevention of Money Laundering Act (PMLA) on Tuesday night after the agency carried out raids against him and his linked businesses in Delhi and Mumbai, they said. He is expected to be produced before a court on Wednesday where the ED will seek his custody, they added. The ED has been probing an alleged transaction between his company Avantha Realty, Yes Bank co-founder Rana Kapoor and his wife, who are already being investigated under the PMLA by the agency.
Top Indian private sector lender ICICI Bank, which owns nearly 68 percent of the insurer, is selling up to 181.34 million shares in the IPO.
New Delhi Television Ltd on Tuesday said Cyprus-based GA European Investments has proposed to acquire 7.95 per cent stake in the company held by Shyam Cellular Infrastructure Projects Ltd.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
In a major move after becoming a universal banker from a development financial institution, IDBI Ltd was in the process of floating an insurance company in the life category, its chairman V P Shetty said.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
A meeting of the Cabinet Committee on Economic Affairs was specially convened this morning to consider OVL's Imperial bid, as Tuesday is the last date for making the offer to the target company's shareholders. Prime Minister Manmohan Singh chaired the meeting that had just one agenda and lasted one-and-half hours, but no official word was available.
Information acquired Right to Information activist Mahendra Yadav, has revealed that JAS Infrastructure Capital Pvt Ltd, one of the five companies against whom the Central Bureau of Investigation had registered first information reports, had acquired the coal blocks without signing a revised Memorandum of Understanding.
The move is a show of faith from three of the world's biggest technology companies in fast-growing Snapdeal
The court noted the submissions made by the ED's counsel, who said that Joshi played a vital role in laundering of the proceeds of crime.
The company claims that when the Nitric Oxide Nasal is sprayed over nasal mucosa it acts as a physical and chemical barrier against the virus.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Credit rating agency Crisil has announced that it has reached a preliminary understanding with Equifax Inc of the US, and Tata Capital Ltd to set up a credit information company, which provides credit histories and checks on retail borrowers.
Amazon.com Inc is preparing to launch its long-rumoured smartphone in the second half of the year, The Wall Street Journal reported on Friday, citing people briefed on the company's plans.
The company would commence export of battery-operated two-wheelers to the US market from January next year, EKO Vehicle Chairman Anil Ananthakrishna told reporters in Bangalore. Set up in January 2005, the company has so far sold more than 15,000 units of its first product under the brandnames Cosmic and Velociti.
What do we need more of: Leaders who dominate global institutions or local leaders with a 'Make-in- India' mindset?
It was alleged in an audit that Subramanian was the Yogi, but Sebi dismissed that claim in its final report on February 11.
Modi said the new Parliament reflected the aspirations and resolve of the "new India" to set and work towards achieving new targets.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
