The Saifee Burhani Upliftment Trust bought Hotel Raunaq Afroz, Shabnam Guest House and six rooms in Damarwala building.
IOC owns about 74 per cent in BRPL and the merger would be effective on Wednesday, the company said in a statement to the Bombay Stock Exchange. Shareholders of BRPL will get four shares of IOC for every 37 shares they held.
Within six months, outlets carrying Vicks jumped from 60,000 pharmacies to 750,000 general stores. The trade boycott collapsed. Consumers were happy, finding Vicks now at every street corner. A fascinating excerpt from Gurcharan Das's Another Sort of Freedom.
Despite its admirable competence and proven track record, the RBI doesn't have the capacity to supervise an economy that's growing so fast and becoming larger by the year, points out T C A Srinivasa Raghavan.
This is the second high profile resignation in the past six months at the Reserve Bank of India.
The prohibitory order, issued by a senior police official, says restrictions on movement of residents for non-essential work will remain in force till July 15.
The bench posted the matter for hearing on July 17.
Denis Oswald, the International Olympic Committee's permanent chair of the disciplinary commission, said Valieva claimed there was a mix-up at a Court of Arbitration for Sport (CAS) hearing into whether she should be allowed to continue competing.
Agniveers once enrolled into the Indian Air Force, will be governed under the Air Force Act 1950, for a period of four years.
Shares of telecom services providers - Reliance Industries (parent of Reliance Jio), Bharti Airtel, and Vodafone Idea - have shed up to 23 per cent so far in the current calendar year as growth in the wireless subscriber segment begins to plateau amid higher tariffs and rising costs of smartphones. By comparison, the benchmark S&P BSE Sensex, and sectoral index BSE Telecom have dipped 1.8 per cent, and 12.6 per cent, respectively, ACE Equity data shows. However, analysts expect the trend to reverse soon as telecom services providers focus on the next leg of growth -- fixed broadband (FBB) segment.
A group of current and former Iranian sportspeople say they have no choice but to turn on their own country, citing what they called state-sponsored violence and discrimination against ordinary Iranians, especially women.
'We have also requested the Mumbai high court to grant us seven days' period to sort out the fee issue,' Joint Director of Medical Education Dr Wasudev Tayade said.
The Delhi high court on Monday refused to stay the Centre's order dismissing Satish Chandra Verma, a senior IPS officer who had assisted the CBI in its probe in the Ishrat Jahan fake encounter case, a month before his scheduled retirement.
Ponzi schemes have characteristics that the informed investor can spot easily.
In a bid to embarrass National Democratic Alliance-backed presidential nominee Bhairon Singh Shekhawat, the Congress on Tuesday sought disqualification of former minister K Natwar Singh, a day after he proposed his name in the election.
Ultimately quotas kill talent and true meritocracy, argues R Jagannathan.
The Tamil Nadu leg of the 'Pass the Ball' Trophy Tour, a crucial part of the Hero Asian Champions Trophy Chennai 2023 build-up campaign, came to a successful conclusion on Monday.
About 40 top positions in central public sector enterprises have been lying vacant for more than three months due to delay in vigilance clearance and approval of competent authority, Lok Sabha was informed on Thursday.
India's economic image is not affected due to Adani Group's recent decision to pull out Rs 20,000 crore FPO (follow-on public offers) amid allegations of financial wrongdoings, Finance Minister Nirmala Sitharaman said on Saturday.
The apex court ordered adequate steps to be taken for protecting places of worship.
"There is an urgent need to reduce or eliminate withholding taxes on interest on debt; equal and fair treatment for foreign investors similar to domestic companies; and a mandatory binding arbitration provision which will apply in cases where the competent authorities have not resolved certain issues within an agreed period," Prof Vern Krishna, an eminent tax expert, has revealed in his book Canada India Tax Treaty.
In a relief to Indian companies, the Income-Tax Department has decided to suspend collection of taxes if the Mutual Agreement Procedure is invoked by a US-based entity under the Indo-US Double Taxation Avoidance Convention. To avoid hardship to taxpayers, the competent authorities of India and the US had entered into a memorandum of understanding regarding suspension of collection during the pendency of MAP in 2003.
India on Monday assured top CEOs of simplifying investment procedures, even as it portrayed infrastructure hiccups like bad roads and ports as an opportunity for wealth creation.
Chief Justice of India Uday Umesh Lalit Tuesday recused himself from hearing an appeal of the Andhra Pradesh government against the high court verdict that held the state legislature "lacked competence" to make any legislation for shifting, bifurcating or trifurcating the capital.
"This is nothing but mockery of the whole judicial process," Gujarat Governor Kamla Beniwal said in stinging remarks against the Narendra Modi government as she returned the new Lokayukta Bill for reconsideration by the legislative assembly.
Inter-governmental body FATF has come out with elaborate suggestions on ways to prevent misuse of corporate vehicles and on having a risk-based approach for the banking sector to help curb money laundering and terror funding activities.
A Chhattisgarh government employee allegedly drained out 41 lakh litres of water from a weir after his mobile phone fell into it in the state's Kanker district, an official said on Friday.
Former World No 1 Deepika Kumari, who was making a comeback after her maternity break, on Monday failed to make the Indian team for the Asian Games, World Cup and World Championships slated later this year.
Besides the 27 asymptomatic patients, 10 new confirmed COVID-19 cases, including six from Chinese returning from abroad, were reported in the country on Wednesday.
The CBI said it had requested the competent authority to accord sanction for prosecution of Mayawati, Siddique, and state's former environment secretary R K Sharma and another officer R Prasad.
A plea that the banking regulator's stress should be on the strategic role of boards and an increase in the remuneration of independent directors were among the issues put forward to the Reserve Bank of India's (RBI's) top brass in its interaction with the full boards of state-run banks held on Monday. The meeting, the first leg of first-of-its-kind interactions with the boards of state-run banks, will now be followed by those of private banks in Mumbai on May 29. The RBI's press release, issued late on Monday, did not refer to the specific points that found mention in the deliberations, but top sources told Business Standard the twin concerns were taken up in the open-house interaction with the banking regulator's brass.
The news of Bengaluru-based IMA cheating thousands once again underlines the need for investors to steer clear of unregulated deposit schemes. The most important sign of a Ponzi scheme is the promise of exorbitant returns and so investors must ask how the promoter expects to earn the kind of return he is promising, says Sanjay Kumar Singh.
Valieva failed the test collected at the Russian national championships on Dec. 25
The consequences will be stern in case SC/ST and minors are converted.
With the Delhi University still on a defiant path, the University Grants Commission on Wednesday night gave a fresh ultimatum to it to begin the admission process for the undergraduate classes dumping the controversial four-year course.
The Sports Ministry has got a fillip with the government allocating Rs 3,397.32 crore, an increase of Rs 723.97 crore, in the Union Budget on Wednesday.
Additional sessions judge Anil Antil dismissed the application of Bhupinder Tomar, president of the 'Hindu Raksha Dal', and said that in the past such incidents have flared communal tensions leading to riots and loss to life and property. Tomar was accused of raising communal slogans and inciting youth to propagate against a particular religion at a rally at Jantar Mantar on August 8. "We are not Taliban State. Rule of law is the sacrosanct governing principle in our plural and multi-cultural society. While the whole of India is celebrating 'Azadi ka Amrut Mahotsav', there are some minds still chained with Intolerant and self centric beliefs," the judge said in the order passed on August 21.
A wrap from Day 2 of the World Athletics Championships 2023 in Budapest on Sunday.
The agency also alleged that Deshmukh exercised undue influence to pass favourable transfers and postings of the police officials.
Google has termed as "tainted" the investigations done against it by CCI, contending that the two informants on whose complaint the fair trade regulator has initiated the enquiry were working at the same office that was investigating the tech major. This was "against the principles of natural justice", Google said in the petition filed before the National Company Law Appellate Tribunal (NCLAT), adding the Competition Commission of India (CCI) should have refrained from initiating an investigation based on a complaint filed by their own employees. "At the very least, the Commission could have debarred the Informants from working in the DG office while the investigation was ongoing, to ensure that the investigating officer was able to impartially assess the case without any influence, such that no concerns could arise on the independence of the investigation," said Google.
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