'It concerns the sea and the security of the nation. What has happened is a big tragedy.'
The Supreme Court on Wednesday asked Amazon and Future group to request the NCLAT to decide the plea challenging the revocation of sanction to the US e-commerce major for its deal with Future group's firm by the Competition Commission of India. The suggestion was made by a bench headed by Chief Justice N V Ramana while adjourning to March 9 the hearing on Amazon's appeal against the January 5 order of the Delhi high court staying the ongoing arbitration proceedings before an arbitral tribunal over Future Retail's Rs 24,500-crore merger deal with Reliance Retail. The bench, also comprising Justices A S Bopanna and Hima Kohli, deferred the hearing after brief arguments on being told that the National Company Law Appellate Tribunal (NCLAT) is hearing another appeal of Amazon related to the merger deal.
A Pune-based woman, whose husband was killed by terrorists in Pahalgam, recounted how she and other women in the group quickly removed bindis from their foreheads and began chanting "Allahu Akbar" when they saw the attackers asking men to recite 'azaan'. But the frantic attempts to hide their religious identity failed to help as the gun-wielding terrorists did not spare the woman's husband and his friend, who was also from Pune. Sangita Ganbote, the wife of Kaustubh Ganbote who was among the 26 persons killed by terrorists at Baisaran near Pahalgam, also said that when a local Muslim man confronted the attackers and asked why they were killing innocent people, they stripped him and shot him dead.
'For weeks, months and years, it would continue to be debated if India should have pushed the early advantage and decapacitated Pakistan militarily.' 'India refused to bite the provocatively proverbial bullet and escalate it into a full-fledged war,' notes N Sathiya Moorthy.
Kerala Chief Minister Pinarayi Vijayan has accused the RSS of "majority communalism" over an article published in an RSS mouthpiece regarding the Catholic Church's property holdings in India. The article, which has since been removed from the website, called for the government to acquire the church's land, claiming it was illegally leased during the British era. Vijayan said the article reveals the "true mindset" of the RSS and its alleged plan to "target minority groups one by one and destroy them step by step." The Leader of the Opposition in the Kerala Assembly, V D Satheesan, echoed Vijayan's concerns, stating that the article shows the RSS's intent to target the Church's property. He also claimed that the article's publication coincides with the passing of the Waqf Bill in Parliament, suggesting a pattern of targeting religious communities. Meanwhile, the BJP state president, Rajeev Chandrasekhar, denied the article's accuracy and stated that the article was removed after it was found to be untrue. He also emphasized that owning land is not a crime, and countered allegations that the Congress and Waqf have illegally acquired land in Karnataka. Archbishop Joseph Pamplany of Thalassery, however, expressed confidence that the Church is not afraid of any "Church Bill", as its properties have been earned through hard work. He said the Church will take legal action if necessary.
"Multi-hyphenation is the future. Everybody should do everything. After all, we have one life," says Chef Ranveer Brar.
ECB should offer BCCI minority ownership in Hundred to attract Indian players: Lancashire CEO
'One good outcome of Operation Sindoor -- perhaps, its best outcome -- could be that India has resumed meaningful contact directly with Pakistan at the military-to-military level,' observes Ambassador M K Bhadrakumar.
In an interview to PTI ahead of the IPL play-offs, Ponting covered all areas that got the franchise much-needed success. Excerpts from the interaction.
US e-commerce major Amazon told the Supreme Court on Tuesday that the talks with the Future Group to resolve the dispute over Future Retail's merger deal with Reliance Retail have failed and sought intervention to ensure that the stores of FRL are not taken over. A bench headed by Chief Justice N V Ramana, on March 3, had acceded to Amazon's request and granted 10 days to it for exploring the possibility of resolving the dispute through dialogue with the Future Group. The bench, also comprising justices A S Bopanna and Hima Kohli, is hearing Amazon's appeal against the January 5 order of the Delhi high court, which stayed the arbitration proceedings before the arbitral tribunal over Future Retail's merger deal with Reliance Retail. "It often happens that sometimes, we hope very positively but in the end, it is not positive at all.
Besides wrong selection of ITR form, many professionals claim deductions they are ineligible for.
Acutely conscious that he's left with less than four years to create his legacy, Trump is undoubtedly a man in a hurry, observes Ambassador M K Bhadrakumar.
For the first time, the Data Security Council of India assembled a joint task force to source threat intelligence at the origin and ensure coordinated action across the cybersecurity spectrum.
Ride-hailing unicorn Rapido is quickly scaling up its four-wheeler segment, which now contributes up to 25 per cent of its total bookings. Aravind Sanka, Rapido's cofounder, in a video interview with Udisha Srivastav/Business Standard, shares insights on the company's plans to expand into the segment, how BluSmart's exit has created an opportunity for the company, its push towards green mobility, and navigating state-specific policies.
Automotive (auto) major Tata Motors posted a 51 per cent drop in consolidated net profit for the January-March quarter (Q4) of 2024-25 (FY25), to Rs 8,470 crore, due to a deferred tax asset of almost Rs 9,000 crore in the corresponding quarter of the previous financial year and an exceptional item of Rs 566 crore during the quarter. Revenue was up just 0.5 per cent year-on-year (Y-o-Y) at Rs 1.18 trillion for Q4FY25.
'It brings precarious peace because the red lines have shifted. 'The next Pahalgam attack would mean a full scale war.'
'Nobody asked us to work on this. It was on our own that we decided to embark on this journey.'
US short seller Hindenburg Research has rejected Adani Group's charge that its report was an attack on India, saying a "fraud" cannot be obfuscated by nationalism or a bloated response that ignored response to key allegations. Commenting on the 413-page response Adani Group released late on Sunday evening in response to its report, Hindenburg said it believed India was a vibrant democracy and an emerging superpower with an exciting future and it was Adani Group which was holding it back through "systematic loot". Hindenburg stood by its last week's report that said its two-year investigation found Adani Group "engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades".
Religare Enterprises Ltd (REL) on Monday notified the exchanges that its Board has commissioned a governance review of REL and its subsidiaries - Religare Finvest and Religare Housing Development Finance. Additionally, the Board has decided to approach the new promoters, the Burman Group, for immediate funding support to sustain operations of the company.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
India's versatile media and entertainment industry can grow more than three-fold to $100 billion in the next decade, creating millions of jobs and a ripple effect across sectors, billionaire Mukesh Ambani said on Thursday.
Kolkata Knight Riders all-rounder Rovman Powell says the team remains upbeat despite a challenging IPL season, stressing that their fate is still in their own hands as they look to gain late momentum. KKR have won just four of their 10 matches and must win all four remaining fixtures to make the playoffs.
The stock of India's largest listed pure-play retail company, Avenue Supermarts (DMart), has slipped over 10 per cent from its monthly highs. A weak operational performance in the fourth quarter (January-March) of financial year 2024-25 (Q4FY25) and muted near-term outlook due to intense competitive pressures and higher costs could lead to downward momentum on the stock. While the stock dipped by 3.44 per cent in early trade on Monday, it recovered a bit to close 1.07 per cent lower at 4,017.
State-owned Engineers India and MECON as well as four private entities are in the fray for the project to comprehensively revamp RBI's currency management infrastructure in order to cater to future cash needs of the country's fast growing economy. The four private entities are: Accenture Solutions; Colliers International (India) Property Services; PricewaterhouseCoopers and The Boston Consulting Group (India).
With the RBI infusing Rs 7.5 lakh crore in liquidity -- and possibly more in the future -- the short- to medium-term corporate bond market is expected to benefit.
The government will send seven all-party delegations to key partner countries, including members of the United Nations Security Council, later this month to convey India's message of zero tolerance against terrorism following the Pahalgam terror attack and Operation Sindoor.
The Trump administration has revoked Harvard University's eligibility to enrol foreign students, raising concerns over the legal status of thousands of students, including nearly 800 from India, currently enrolled at the varsity.
The Kishore Biyani-led group is scaling up operations with Foodhall, its latest venture in the food retail space, which would offer a different format to cater to the growing aspirations of consumers.
'I'm not accepting the 'any act of terrorism is an act of war' threshold.' 'I don't think this is sustainable because if you do this four or five times in a short duration, it will lose its edge.'
Whether you're a young professional, a seasoned entrepreneur, or someone simply looking to take control of your financial future, adopting these principles can be life-changing, says Ramalingam Kalirajan
In a fresh twist in the fight to gain supremacy in the Indian retail market, billionaire Mukesh Ambani's Reliance Retail has slapped notices on Future Retail for terminating sub-leases of 950 stores it had taken over previously. In stock exchange filings, the Kishore Biyani-led debt-laded Future Group firms said they have been served notices to terminate the lease of 835 Future Retail stores and 112 Future Lifestyle stores. Last month, Reliance Retail had taken over store spaces for which the Future Group couldn't pay lease rent. These were then sub-let to the Future Group for operation.
India on Thursday night swiftly foiled Pakistan's attempts to hit various key Indian installations including military stations at Jammu, Pathankot and Udhampur with drones and missiles, the defence ministry said.
According to the report, Lancashire issued a statement saying they had been looking for a partner, preferably from the IPL, and now that the deal has been secured they foresee an "exciting future" for the side.
India is at war with terrorists and will bring justice to victims of the Pahalgam attack by holding the perpetrators accountable, Indian Ambassador to the US Vinay Kwatra has said. He underscored that India launched 'Operation Sindoor' on May 7, striking terror factories at nine locations in Pakistan and Pakistan-occupied Kashmir in retaliation for the Pahalgam terror attack that killed 26 civilians. Kwatra also criticized Pakistan for its continued support of terrorism and said that the world should be concerned about this.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
Pakistani military targets at Rafiqui, Murid, Chaklala, Rahim Yar Khan, Sukkur and Chunian were engaged using air-launched precision weapons from Indian fighter jets and the retaliation largely focused on command and control centres, radar sites and weapon storage areas, Qureshi said.
'Had Haji Pir and/or Skardu been taken, the message would have gone out not just to General Asim Munir and his cohort in the Pakistan army but to the Pakistani people that every terrorist incident in India would lead to substantial loss of territory in PoK.'
Future Retail and its promoters have filed appeals before the division bench of the Delhi high court challenging the order passed on Tuesday that dismissed the Group's petitions for termination of the Amazon arbitration. The Delhi high court on Tuesday dismissed the pleas moved by Future Group companies seeking a direction to the arbitration tribunal, adjudicating Amazon's objections against Future Group's deal with Reliance, to take a decision on their application for terminating the arbitration proceedings before moving any further.
Munich-based Allianz will explore new opportunities in the Indian insurance market not only as an investor but also as an operator, the company told Business Standard on Tuesday. "India will continue to be one of Allianz's main growth markets, and Allianz will explore new opportunities to further grow its participation in the Indian insurance market in the future, not only as an investor but also as an operator," the company said.
The government has to specify what it intends to do with caste census data. It will be closely tracked if the government would simultaneously move towards removing the present 50% bar on reservations using means which are permitted in law. If this is not done, the entire exercise will become meaningless and could boomerang on the BJP, observes Nilanjan Mukhopadhyay.
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