Two senior journalists of Zee news channel were arrested in New Delhi on Tuesday on charges of trying to extort Rs 100 crore from Congress MP Naveen Jindal's group for not doing news reports on coal scam linking his firm.
Billionaire Gautam Adani on Sunday won the race to acquire Swiss cement major Holcim's stake in Ambuja Cements and its subsidiary ACC for $10.5 bn (around Rs 81,361 crore), including the open offers. The Adani family, through an offshore special-purpose vehicle, announced that it had entered into definitive agreements for the acquisition of Holcim Ltd's entire stake in two of India's leading cement companies -- Ambuja Cements and ACC -- the Adani group said in a statement. The group outbid Ultratech and JSW group to enter the cement industry and also emerge as the country's second-largest cement manufacturer, with 70 million tonnes of capacity annually.
Republican presidential aspirant Bobby Jindal has sought steps by the United States to take the mantel of global leadership saying even non-aligned nations like India and Vietnam are desperate and hungry for American leadership.
Jindal Group chairman O P Jindal, who died in a helicopter crash near Gango in Uttar Pradesh's Saharanpur district on Thursday, was a visionary and a man of rare business acumen.
Former minister of state for coal Dasari Narayan Rao, an accused in Jharkhand's Amarkonda Murgadangal coal block allocation scam case, on Tuesday said that decisions to allocate coal blocks were taken by then Prime Minister Manmohan Singh, who was also heading the coal ministry at that time.
Zee Group Chairman Subhash Chandra on Saturday appeared before the police for questioning in connection with the alleged Rs 100 crore extortion bid by two Zee editors from Congress MP Naveen Jindal's company for not airing news damaging to it.
Hitesh Harisinghani/Rediff.com captures glimpses from one of Mumbai's famous heritage buildings, the newly renovated David Sassoon Library and Reading Room.
After spending 20 days in jail, two Zee group editors were granted bail on Monday by a Delhi court in the case of alleged Rs 100 crore extortion bid from Congress MP Naveen Jindal's firm.
The CBI opposed the plea seeking summoning of former prime minister Manmohan Singh and two others as additional accused in a coal scam case.
Govt went against its own recommendation of Jun 20, 2007, where along with the 2 Jindal companies, it wanted 40% coal block to go to Lanco.
Micro-cap stocks are in the line of fire as market regulator Securities and Exchange Board of India (Sebi) is tightening its noose around investment in small-cap stocks. Given this, analysts suggest investors exit the segment, at least, for the time being. Independent market analyst, Ambareesh Baliga, for instance, said that regulators have gotten worried on the valuation front, though belated, which could prove to be the last straw on the camel's back.
Delhi court has issued warrants to produce two Zee News editors before it on December 8, on a plea by the police for their custody.
In the clearest sign yet that he is seriously considering a bid for the Republican Party nomination in 2016 for presidency, Louisiana Governor Piyush 'Bobby' Jindal on October 17 unveiled the formation of his new organization, America Next -- a non-profit to promote conservative policy ideas.
The bail pleas of two Zee News channel editors, arrested for allegedly trying to extort Rs 100 crore from a Congress MP Naveen Jindal's group firm for not telecasting reports linking it to coal block allocation scam, were dismissed on Monday by a Delhi court.
During a recreational event organised by the JSW Foundation as part of Independence Day celebrations, Pant faced a few deliveries in a game at a sports facility near Bengaluru on August 15.
Infosys co-founder N R Narayana Murthy stirred a storm on X when he said young people should work 70 hours a week to level up the country's productivity. In a conversation with former Infosys CFO Mohandas Pai in the inaugural episode of 3one4 Capital's podcast 'The Record,' Murthy said that youngsters should put extra hours at work to compete with leading economies. "India's work productivity is one of the lowest in the world. Unless we improve our work productivity...we will not be able to compete with those countries that have made tremendous progress," he said, comparing India with China, Japan and Germany.
The Central Bureau of Investigation on Monday told the Karnataka high court that there was a prima facie case against former chief minister B S Yeddyurappa and his kin in the illegal mining case, which required their custodial interrogation.
Almost all major metal and mining firms would be affected by the Supreme Court ruling canceling 214 coal blocks, but Naveen Jindal's JSPL and Aditya Birla Group's Hindalco would be among the worst hit, analysts said.
The O P Jindal Group company Jindal Steel and Power has begun talks with the State Bank of India, Punjab National Bank and Canara Bank for financing its Rs 550 crore (Rs 5.50 billion) expansion plan.
May opt for PE funds or debt to finance capital expenditure.
The ministry of defence has set a goal of $26 billion, including export of $7 billion for the industry by 2025-26 through its Defence Production Policy 2018.
Tata Sons chairman Natarajan Chandrasekaran was paid Rs. 113 crore as remuneration for 2022-23 (FY23), including Rs. 100 crore as commission on profit. Chandrasekaran, 60, often referred to as Chandra, received a remuneration of Rs. 109 crore in 2021-22 (FY22). With this, Chandra has emerged as one of the highest-paid chief executive officers (CEO) in Corporate India for FY23.
Lines up investments in steel, power sectors to profit from booming demand.
While three operational mines in Chhattisgarh had a capacity of 12 million tonnes (mt), six were yet to start production.
The UP government said Yogi returned with investment proposals worth over Rs 5 lakh crore from Mumbai.
The Tata Group and three other top business houses have joined hands with the Jharkhand government to ensure medical treatment to the state's below poverty line population.
Indian-American Nikki Haley suspended her presidential campaign on Wednesday after being defeated in 15 states across the United States on Super Tuesday, paving the way for a rematch between her rival Donald Trump and incumbent Joe Biden in the November elections.
As the Indian version of The Archies gets ready to hit OTT, Deepa Gahlot picks 10 interesting college-and-youth-oriented shows on OTT.
The complaint has been filed by Vineet Jindal, a Supreme Court advocate.
Then chief minister, Buddhadeb Bhattacharjee, had laid the JSW project's foundation stone on November 2,2008, for the 10-million tonne capacity plant.
"I have practically grown up in the organisation. I respect and accept their decision," Sharma said after she was asked about the BJP's action against her.
The automobile companies, say analysts, would take the maximum hit as the hike in the loan rates could soak up the demand for cars and commercial vehicles and pull the growth rates down.
In Phase 6, indications are that the BJP, which is defending 40 seats, will lose in double digits and gain in single digits. Not good, if you are the ruling party scrambling to earn a working majority, with just one phase left to go, argues Prem Panicker.
Louisiana Governor Piyush 'Bobby' Jindal may not have been among the top 10 Republican presidential hopefuls at the first GOP primary debate in Cleveland, Ohio. But he sure did make a strong pitch for his candidature, ripping apart President Barack Obama and forcefully putting across his thoughts on contentious issues like immigration and foreign policy.
The Asian Games organisers' last minute decision to allow only one set of competitors in mixed team shooting events might have robbed India a medal.
The JSW Group has expressed interest to develop a 900 MW pumped storage hydel power project and a state of the art rolling shop for steel in West Bengal, company chairman Sajjan Jindal said on Wednesday. He announced the projects while addressing the inaugural session of the Bengal Global Business Summit, organised by the state government, in Kolkata. "We are keenly pursuing a 900 MW hydro pumped storage project. "This will bring clean energy to the state and we hope to receive this prestigious project through a nomination from the state government," Jindal said.
An Indian-origin Sikh man, described as a 'higher-level figure' in the organised crime scene in Canada, and his 11-year-old son were shot and killed in what police have called a 'sick and twisted' escalation of gang violence in the city of Edmonton.
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