News for 'Future Group'

'President's Rule Isn't Good For Manipur'

'President's Rule Isn't Good For Manipur'

Rediff.com21 Feb 2025

'All MLAs have the same demand -- to form the next BJP government in Manipur as early as possible.'

TCS Q3 net profit rises 12% to Rs 12,380 cr

TCS Q3 net profit rises 12% to Rs 12,380 cr

Rediff.com9 Jan 2025

India's largest IT services company TCS on Thursday reported an 11.95 per cent jump in net profit at Rs 12,380 crore in the December quarter while the overall workforce reduced by over 5,000 employees. The Tata Group company had reported a net profit of Rs 11,058 crore in the year-ago period, and Rs 11,909 crore in the preceding September quarter. The company's revenue grew 5.6 per cent to Rs 63,973 crore as against Rs 60,583 crore a year earlier.

Tech disrupting traditional industries, warn biz leaders

Tech disrupting traditional industries, warn biz leaders

Rediff.com13 Feb 2025

Technology is rapidly reshaping industries that have long been rooted in tradition, driving a wave of innovation that is transforming everything from finance, banking, steel to manufacturing.

Delhi HC stays order against Future-Reliance deal till April 30

Delhi HC stays order against Future-Reliance deal till April 30

Rediff.com22 Mar 2021

The Delhi high court's division bench has stayed the single bench order favouring the emergency award against the Future-Reliance deal and imposing a Rs 20 lakh fine on Kishore Biyani & other respondents. including FRL and FCPL.

Biyani's Future board to meet on Sep 7 to decide on RIL offer

Biyani's Future board to meet on Sep 7 to decide on RIL offer

Rediff.com29 Aug 2020

According to the plan made by the lenders and RIL, all Future group listed companies will be merged into Future Enterprises. RIL will then invest Rs 8,500 crore in the merged entity which will include the retail business.

India well placed to tackle Trump's tariff volleys: Blackstone CEO

India well placed to tackle Trump's tariff volleys: Blackstone CEO

Rediff.com13 Mar 2025

India and the US are expected to have smooth trade negotiations after US President Donald Trump and Indian Prime Minister Narendra Modi had a productive meeting during Modi's visit to the White House last month, Stephen A Schwarzman, chairman, chief executive officer, and co-founder of one of the world's largest alternative investment firms, Blackstone Group, said in Mumbai on Wednesday.

Institutional investment in real estate jumps 31% to $1.3bn

Institutional investment in real estate jumps 31% to $1.3bn

Rediff.com5 Apr 2025

The growth was primarily driven by domestic investments, which accounted for 60 per cent of the total inflows during the first quarter of the financial year.

Champions Trophy BIGGER than World Cup: Bavuma

Champions Trophy BIGGER than World Cup: Bavuma

Rediff.com9 Feb 2025

South African captain Temba Bavuma has said that the ICC Champions Trophy is a bigger challenge than the 50-over World Cup because the lesser number of matches makes it tough for teams to make a comeback.

What You Don't Know About Ambani, Adani Wealth

What You Don't Know About Ambani, Adani Wealth

Rediff.com21 Jan 2025

Ambani and Adani account for a fifth of the net worth of all billionaire promoters in the country and half the combined net worth of the top 10.

'This is a very historic moment for all Afghan women'

'This is a very historic moment for all Afghan women'

Rediff.com27 Jan 2025

Afghanistan women set to return to cricket field after four-year wait.

Agent promised legal US entry, spent around Rs 50L but....: Deportee

Agent promised legal US entry, spent around Rs 50L but....: Deportee

Rediff.com18 Feb 2025

Rohit, a young man from Punjab, India, was deported from the United States after a perilous journey that cost him his life savings and left his family in financial ruin. He had been promised legal entry to the U.S. by a travel agent in Amritsar, but his hopes were dashed when he was apprehended for illegally crossing the border. The ordeal highlights the risks associated with illegal migration and the exploitation faced by vulnerable individuals seeking a better life.

Afghanistan cricket reeling under sex apartheid

Afghanistan cricket reeling under sex apartheid

Rediff.com15 Jan 2025

'We are committed to leveraging our influence constructively to support the Afghanistan Cricket Board (ACB) in fostering cricket development and ensuring playing opportunities for both men and women in Afghanistan'.

'Elon Musk was fascinated about Kumbh Mela'

'Elon Musk was fascinated about Kumbh Mela'

Rediff.com18 Jan 2025

Musk said on Friday that he believes India-US ties are "trending positive" and that he favours an enhanced trade partnership between the two nations.

President's rule in Manipur 'undemocratic': COCOMI

President's rule in Manipur 'undemocratic': COCOMI

Rediff.com14 Feb 2025

The Coordinating Committee on Manipur Integrity (COCOMI) has condemned the imposition of President's rule in Manipur, calling it "undemocratic" and "most unfortunate." The Meitei body alleges the President's rule is a ploy to push the state into further turmoil and that the central government is using it as a means to shift the blame onto the BJP's alleged incompetency rather than addressing the real issues at hand. COCOMI also criticized the BJP legislators for failing to choose a new leader and demanded an immediate and time-bound process to elect a new leader and restore a government at the earliest.

Future Retail's plea to vacate stay over deal with RIL rejected

Future Retail's plea to vacate stay over deal with RIL rejected

Rediff.com22 Oct 2021

The Singapore-based arbitrator, SIAC, has rejected Future Retail's plea to lift the interim stay on its Rs 24,713-crore deal with Reliance Retail, giving a major relief to Amazon that is contesting the transaction. The development comes a day after the Singapore International Arbitration Centre (SIAC) held that Future Retail is a party to the ongoing arbitration between Amazon and Future group in the dispute over the sale of its assets to Reliance Retail. Future had contended before the SIAC that it should be excluded from arbitration proceedings because it is not a party to the dispute between its promoter Future Coupons Pvt Ltd (FCPL) and Amazon.

130 Dalit households in Bengal fight for their right to worship

130 Dalit households in Bengal fight for their right to worship

Rediff.com9 Mar 2025

A group of around 130 Dalit families in West Bengal's Purba Bardhaman district have been facing discrimination for centuries, being denied access to a local temple. The families, belonging to the traditional community of cobblers and weavers, have been ostracized and face economic hardship due to this caste-based practice. Despite recent attempts by the administration to resolve the issue, the situation remains tense and the families are left with few options.

'India Must Not Support Nepal's Ex-King'

'India Must Not Support Nepal's Ex-King'

Rediff.com17 Apr 2025

'Gyanendra back on the throne would be bad news for the Nepali people. He may not have learnt from his experience, but we have.'

Champions Trophy test: Can Kohli, Rohit deliver?

Champions Trophy test: Can Kohli, Rohit deliver?

Rediff.com15 Feb 2025

India's cricket team has embarked on a journey to Dubai for the upcoming Champions Trophy, aiming to secure another global trophy after their T20 World Cup triumph last June.

Is ODI cricket dying? Jos Buttler shares his take

Is ODI cricket dying? Jos Buttler shares his take

Rediff.com5 Feb 2025

England captain Jos Buttler believes the ongoing tour of India is the perfect preparation for this month's Champions Trophy, given the similarities in conditions with Pakistan, where the event will be held. He also backs veteran batter Joe Root to play a crucial role in both the ODI series against India and the upcoming tournament.

Trump Turns Up At Lit Fests All Over!

Trump Turns Up At Lit Fests All Over!

Rediff.com15 Feb 2025

The dramatic moves of Donald Trump, which have shaken up the global order, dominated the discussion. A sense of bewilderment prevailed, but there was also expectation that President Trump would settle down to a more traditional style of governance after a time of shock and awe, observes Ambassador T P Sreenivasan, an attendee at literary festivals in Calicut, Jaipur, Kochi, Sharjah and Thiruvanathapuram.

Revealed! Why Kishore Biyani sold his Future to Reliance

Revealed! Why Kishore Biyani sold his Future to Reliance

Rediff.com14 Oct 2020

Future group founder Kishore Biyani on Wednesday said the homegrown retail major lost nearly Rs 7,000 crore revenue in first three-four months of the Covid-19 pandemic due to closing of stores, which led him to sell his business to Reliance Industries.

7 Secret Tips To Maximise Your SIP Returns

7 Secret Tips To Maximise Your SIP Returns

Rediff.com31 Dec 2024

Have you ever wondered why some people seem to achieve extraordinary wealth while others struggle to make their money work for them? The secret isn't luck -- it's strategy, says Ramalingam Kalirajan

Delhi HC bars Future-Reliance deal, attaches properties, imposes Rs 20 lakh fine

Delhi HC bars Future-Reliance deal, attaches properties, imposes Rs 20 lakh fine

Rediff.com18 Mar 2021

The Delhi high court on Thursday upheld the Singapore Emergency Arbitrator's (EA) order restraining Future Retail Ltd (FRL) from going ahead with its Rs 24,713 crore deal with Reliance Retail to sell its business, which was objected to by US-based e-commence giant Amazon.

PIX: Glitzy opening for inaugural Kho Kho World Cup

PIX: Glitzy opening for inaugural Kho Kho World Cup

Rediff.com13 Jan 2025

After a stunning dance performance celebrating India, and highlighting the vibrant and colourful culture of the country, the athletes of the participating nations paraded around the stadium.

Asia Cup: Team for the future: Irfan

Asia Cup: Team for the future: Irfan

Rediff.com15 Sep 2023

Following Sri Lanka's win over Pakistan in the Super 4 clash of the ongoing Asia Cup, former India all-rounder Irfan Pathan hailed the Lankan side, calling it a team for the future.

Buying Under-Construction Property? Read This!

Buying Under-Construction Property? Read This!

Rediff.com11 Mar 2025

The biggest risk in under-construction projects is delay and non-completion.

Amazon knocks on SC's doors to block Future-Reliance deal

Amazon knocks on SC's doors to block Future-Reliance deal

Rediff.com11 Feb 2021

E-commerce major Amazon has moved the Supreme Court in a bid to block Future group's Rs 24,713-crore deal with Reliance, according to sources.

Gurdwaras, churches to be next target: Oppn on Waqf bill

Gurdwaras, churches to be next target: Oppn on Waqf bill

Rediff.com13 Feb 2025

'They want to snatch the land and give it to their friends'

When did birds originate? Jurassic fossil discovery in China says....

When did birds originate? Jurassic fossil discovery in China says....

Rediff.com13 Feb 2025

A 150 million year old short-tailed bird fossil discovered in China's Fujian Province pushes back the emergence of modern bird body structures by 20 million years, suggesting birds originated earlier than previously thought. The Baminornis zhenghensis fossil, with its unique combination of modern and ancient features, challenges the previous understanding of bird evolution and suggests a more diverse Jurassic bird fauna.

Future Retail guilty of financial irregularities, says Amazon

Future Retail guilty of financial irregularities, says Amazon

Rediff.com26 Nov 2021

US e-commerce giant Amazon has written to the independent directors of Future Retail Limited (FRL), including Gagan Singh, Ravindra Dhariwal and Jacob Mathew, and its audit committee, providing data and alleging that there have been significant financial irregularities to the prejudice of public shareholders, banks, creditors, and third-party suppliers. Amazon has said this warrants a thorough and independent examination of all relevant facts and related-party transactions, including of past financial years, by an independent agency. Separately, Amazon has written to Securities and Exchange Board of India Chairman Ajay Tyagi, seeking the withdrawal of the regulator's conditional approval granted to FRL related to the merger deal between the Future group and Reliance.

Sebi ban on Kishore Biyani won't impact deal with Reliance: Future Retail

Sebi ban on Kishore Biyani won't impact deal with Reliance: Future Retail

Rediff.com4 Feb 2021

Future Retail Ltd has said that SEBI's one-year ban on its chairman Kishore Biyani and some other promoters from the securities market will have "no impact" on the Rs 24,713 crore-deal with Reliance. Further, Kishore Biyani, some other promoters and Future Corporate Resources Pvt Ltd (FCRPL) plan to appeal against the order passed by Securities and Exchange Board of India (SEBI) on Wednesday. "The order will have no impact on the ongoing Scheme of Arrangement of the company. We understand that the relevant parties propose to challenge this order in exercise of their statutory right to appeal," Future Retail Ltd (FRL) said in a late-night regulatory filing on Wednesday.

Govt signs peace pact with Manipur's oldest militant group

Govt signs peace pact with Manipur's oldest militant group

Rediff.com29 Nov 2023

The United National Liberation Front (UNLF), an extremist group operating in Manipur, on Wednesday signed a peace agreement with the government and agreed to renounce violence, Union Home Minister Amit Shah announced New Delhi.

Whatever was done in Galwan shouldn't get repeated: Army chief

Whatever was done in Galwan shouldn't get repeated: Army chief

Rediff.com15 Jan 2025

The eastern Ladakh military standoff between India and China began in May 2020 and a deadly clash at the Galwan Valley in June that year resulted in a severe strain in ties between the two neighbours.

Excited go into microgravity conditions: Astronaut Shukla on ISS travel

Excited go into microgravity conditions: Astronaut Shukla on ISS travel

Rediff.com31 Jan 2025

Indian astronaut Shubhanshu Shukla will be the first Indian to travel to the International Space Station (ISS), flying aboard a SpaceX Dragon spacecraft as part of a joint effort between NASA and ISRO. Shukla, a group captain in the Indian Air Force, will serve as the pilot for the Axiom Mission 4, scheduled for launch no earlier than spring 2025. The mission will also carry the first astronauts from Poland and Hungary to stay aboard the ISS.

Is FOMO Investing Making You Lose Money?

Is FOMO Investing Making You Lose Money?

Rediff.com28 Feb 2025

FOMO-driven investing is reshaping India's stock market. Swati Saxena explains how social media hype fuels risky bets and how to protect your wealth.

Pak YouTubers known for India-related content tortured

Pak YouTubers known for India-related content tortured

Rediff.com22 Jan 2025

Popular Pakistani YouTubers Sohaib Chaudhry and Sana Amjad resurfaced on Tuesday after a mysterious 21-day disappearance, sparking rumours of abduction or even death.

'Tax To Pay If My Salary Is Rs...?'

'Tax To Pay If My Salary Is Rs...?'

Rediff.com18 Feb 2025

rediffGURU Vipul Bhavsar answers readers' personal income tax queries.

'Help! Employer Rejected My PF Pension Request'

'Help! Employer Rejected My PF Pension Request'

Rediff.com25 Feb 2025

Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.

Amazon-Future tussle gets murkier

Amazon-Future tussle gets murkier

Rediff.com26 Nov 2020

Kishore Biyani-led Future Retail Ltd on Thursday accused e-commerce giant Amazon of adopting a media strategy of "having every development reported and converted into a line of communication with stock exchanges" regarding the Amazon-Future Coupons' arbitration proceedings in Singapore. The Court of Singapore International Arbitration Centre (SIAC) had turned down a plea of Future Retail Ltd (FRL) to be excluded from being a party to arbitration. In a regulatory filing disclosing the development, FRL said,"...this disclosure is being made out of abundant caution to avoid any speculation given Amazon's media strategy of having every development reported and converted into a line of communication with stock exchanges."

Mutual Funds Emerge As Financiers For M&A Deals

Mutual Funds Emerge As Financiers For M&A Deals

Rediff.com6 Feb 2025

'Growth for some companies has been hard to come by and this is a smart way to get there.'