Ola Electric, India's largest electric vehicle company, has achieved a significant milestone by becoming the first two-wheeler automotive electric vehicle (EV) manufacturer in India to receive incentives under the Production Linked Incentive (PLI) Scheme for Automotive and Auto Component (PLI-Auto Scheme). The company has been granted a total incentive of Rs 73.74 crore for the Determined Sales Value of FY 2023-24 under the scheme, according to a stock exchange filing by the company.
When it comes to electric cars, the electric dream is turning out to be a six-letter word starting with f, ending with y, and having antas in between, notes Suveen Sinha.
A court in Maharashtra has stayed the conviction of state minister Manikrao Kokate in a 1995 cheating and forgery case, citing the potential for "huge public money" to be spent on a re-election if he were to be disqualified. The court argued that voters had reposed faith in Kokate and elected him as their legislator, and that he would face an "irreversible situation" if disqualified. Kokate, a member of the ruling Nationalist Congress Party, was convicted in February and sentenced to two years in prison for submitting fake documents to obtain government housing. The court noted that Kokate has raised several arguable points in his appeal against the conviction and that a decision on the appeal will take time.
"Liberty is granted to newly-added respondents (states) to file a response within 15 days from the date of service, and rejoinder if any be filed after 15 days. The interim order to continue and will equally apply to the cases mentioned in the amended writ petition. We direct no further cases be registered without the permission of this court," the bench's order said.
'Basically, I have hit energy saving mode, indulge my sweet tooth on cheat days, do grocery shopping, listen to music, it helps me stay calm.'
Sweet Dreams is a nice and wholesome date movie, recommends Deepa Gahlot.
'They want to keep the pot boiling all the time.' 'The BJP wants to set a political narrative that the Gandhis are doing wrong things.'
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.
With just four trading sessions to go for the ITC-ITC Hotels demerger record date shares of ITC continue to consolidate in a thin range of Rs 460 - Rs 480 in an otherwise volatile equity market. On Tuesday thus far despite a near 1 per cent fall in the Sensex and Nifty; ITC traded on a flat note. ITC had set the demerger ratio at 1:10 - meaning 1 share of ITC Hotels for every 10 shares of ITC as of the record date January 6, 2025.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
The Supreme Court of India has refused to interfere with a Madras High Court order quashing notices issued by the Tamil Nadu Pollution Control Board (TNPCB) against Isha Foundation, founded by Jaggi Vasudev. The notices were issued for alleged violation of environmental norms in the construction of a yoga and meditation center in Coimbatore. The court, however, emphasized that its order should not be seen as a precedent for regularizing illegal constructions and that Isha Foundation must comply with all environmental norms. The foundation had argued that its facilities fall under the education category, which exempts them from needing environmental clearance.
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.
Future Retail, once the crown jewel of Kishore Biyani-led Future Group, is now heading for liquidation as its lenders could not get any reasonable buyer of the debt-ridden firm. As the Committee of Creditors (CoC) rejected the sole resolution plan submitted by Space Mantra after four extensions in the deadline to complete the corporate insolvency resolution process (CIRP), the RP of the company has now approached NCLT to initiate liquidation of Future Retail (FRL). "The resolution plan submitted by Space Mantra Private has not been approved by CoC of FRL, kindly note that, the Resolution Professional (RP) has filed an application, before the National Company Law Tribunal, Mumbai Bench, for initiation of liquidation of FRL," said a regulatory filing from FRL.
As the CBI continues to probe into the NEET-UG paper leak case, career experts help us understand what the future holds for undergraduate medical aspirants.
Putin is keen on establishing a good personal rapport with Trump and anchor a meaningful US-Russia partnership, realistic enough to accept that Trump is as good an American president as Russia would ever get, observes Ambassador M K Bhadrakumar.
Taliban's spokesperson Zabihullah Mujahid announced the decree that aims to solve "obscene acts".
The Reserve Bank of India's (RBI's) $10 billion US dollar-rupee buy-sell swap auction for three years received bids worth $16.23 billion on Friday, reflecting robust demand amid persistent liquidity deficit in the banking system. This was the second swap auction by the central bank after it infused $5 billion via six month-swap on January 31.
Ramaswamy is still mulling on the exact date to formally announce his Ohio Governor run, which is slated to be in 2026.
Udaan, India's largest business-to-business (B2B) e-commerce company, has received approval from the National Company Law Tribunal (NCLT) for its internal corporate restructuring plan, according to sources. By consolidating into a single entity, the restructuring will enhance Udaan's agility and pave the way for various financing options, including the ability to pursue an initial public offering (IPO) in India by 2026, according to people familiar with the matter.
Meet the game-changer in mutual fund investments, explains Anamika Pareek.
'Today's situation is unacceptable. It has the potential to affect the IAF's operational capability.'
It was good fortune for India to have Atal Bihari Vajpayee lead the government at a crucial moment in our history. He avoided India meeting the fate of Iraq or Ukraine, asserts military historian Colonel Anil A Athale (retd).
Double Olympic medallist Neeraj Chopra is among only three track and field athletes retained in the sports ministry's revamped TOPS core group.
The National Democratic Alliance will contest the assembly polls in Bihar next year under the leadership of Chief Minister Nitish Kumar and Prime Minister Narendra Modi, Deputy Chief Minister and Bharatiya Janata Party leader Samrat Choudhary said on Sunday.
The Resolution Professional (RP) of Future Retail Ltd (FRL) has filed an application before the NCLT against Kishore Biyani, his brother Rakesh Biyani and eight other entities alleging their involvement in a "fraudulent transaction" in the company. This application "has been filed pursuant to the findings in the report received from Nangia & Co. LLP, which was appointed as 'Transaction Review Auditor' by the RP," said a regulatory filing from Future Retail Ltd (FRL). The Transaction Review Auditor was to assist RP in his duties and the determination, wherein a transaction has been reported under Section 66 of the Code for adjudication by the NCLT.
Kerala advanced to their maiden Ranji Trophy final after clinching a dramatic two-run first-innings lead over Gujarat in the semi-finals on Friday.
'The world's top future champions of shooting are going to converge in India and we are confident that it will give the sport another grassroots boost in the country.'
In 1911, French pilot Henri Pequet flew the world's first official airmail, carrying over 6,500 letters and postcards, during the Kumbh Mela in Allahabad, now Prayagraj. The flight, which covered five miles in 13 minutes, marked a significant milestone in aviation and postal history. The mail included letters to Jawaharlal Nehru and King George V, and special commemorative postcards signed by Pequet are now prized collector's items. The event, which coincided with the Kumbh Mela, highlights the intersection of spiritual and technological advancements in India's history.
'It's always the men who are going crazy, barbaad. They never show a woman going crazy like that.' 'A woman has to be very proper, sitting on a swing, crying.'
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.
Sukanya Verma celebrates the icon and his imagery in 23 super special Aamir Khan frames etched in her head.
Finance Minister Nirmala Sitharaman on Tuesday said the securities transaction tax (STT) will be increased on futures and options (F&O) trade from October 1 to discourage retail investors from investing in the risky instrument.
'I'm slowly trying to separate my body, the shape and size of it, from my self-worth.'
Aviation watchdog DGCA has issued a warning letter to Akasa Air's accountable manager Vinay Dube, who is also its founder and CEO, for regulatory lapses, days after the airline was warned for violating norms related to handling dangerous goods.
'Virat plans to move to London with his children and wife, Anushka Sharma.'
The index could be vulnerable to a bigger fall given the present market dynamics.
'Let Fadnavisji prove to the people of Maharashtra that he acts fairly against one and all.'
The Indian Space Research Organisation successfully launched its 100th mission on Wednesday, with a GSLV rocket carrying navigation satellite NVS-02.
If there is uncertainty in the relationship, communicating that is the right thing. To keep someone waiting in the wings is selfish, says rediffGURU Ravi Mittal, CEO, Quack Quack, an online dating website.
Infla-dating can be exciting and fun, but it's important not to get in over your head financially, suggests Sybil Shiddell, country manager India, Gleeden, a discreet extra marital dating Web site.
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