JSW Steel, a part of the $4 billion OP Jindal group, is looking at acquiring a small value-added facility in Western Europe for around $2 million.
This will help expedite private sector power projects, said sources.
Zee Group Chairman Subhash Chandra on Monday informed the police that he is prepared to appear before them in connection with the alleged extortion bid by two senior editors of his channel within four days of notice.
The Delhi Police has registered an FIR over complaints that former BJP spokesperson Nupur Sharma was receiving threats for her controversial remarks against Prophet Muhammad, officials said.
The Kashmir Files, which polarised opinions following its release in March and went on to become a blockbuster hit, was screened at IFFI on November 22 as part of the Indian panorama section.
Together, they controlled nearly Rs 26 lakh crore of assets at the end of FY16.
P&G Hygiene and Healthcare's June quarter numbers were better than Street estimates, led by strong sales and robust margins. The company, which owns leading consumer brands like Whisper, Vicks and Old Spice, posted a 12.6 per cent year-on-year (Y-o-Y) growth in sales at Rs 852.5 crore during the quarter. The double digit sales growth, led by expansion of its distribution reach, reverses a sluggish sales graph with three of the last four quarters reporting a fall in sales.
The spokesperson was responding to a question by a Pakistani journalist on the condemnation by several Muslim nations over remarks by BJP's former national spokesperson Nupur Sharma and its Delhi media head Naveen Kumar Jindal against the Prophet and the Secretary General's response to it.
An unknown group called the Laskhar-e-Taiyba Al Alami on Tuesday claimed responsibility for the blast in Pune's German Bakery that killed 9 people and injured many more.A person, calling himself Abu Jindal, called a national daily and claimed to be the spokesperson of the LeT Al Alami (international). Jindal declared that the group had carried out the attack because of 'India's refusal to discuss Kashmir' and 'India's alliance with America'.
As many as 48 companies, including Reliance Retail, Jindal Power Ltd and Adani group, are in the final list of eligible prospective resolution applicants for acquiring debt-ridden Future Retail Ltd. The Resolution Professional of Future Retail Ltd (FRL), which is currently going through an insolvency resolution process, on Monday came out with the final list of 'Eligible Prospective Resolution Applicants'. On April 10, FRL's RP updated a list of 49 companies, which had submitted Expressions of Interest (EoIs) after the company's lenders decided to invite fresh bids after dividing its assets into clusters.
Savitri Jindal has retained the tag of being the richest woman in India with a networth of $5.2 billion
According to Outlook, Adani Group and the RP-Sanjeev Goenka Groups are no more the favourites to bag the new teams.
Special court was that Manmohan Singh took the "ultimate decision" as the then coal minister in allocation of the blocks.
Industrial metals (ferrous and non-ferrous) suffered great volatility once the Ukraine War began in February 2022. First, there was a sharp price rise due to fears of supply disruption, followed by weak global demand. China's weakness and rolling lockdowns have hit production and demand.
The NCLT has granted Future Retail Ltd (FRL) an extension of 90 days for concluding the Corporate Insolvency Resolution Process (CIRP) of the company. Allowing FRL's plea the Mumbai bench of the National Company Law Tribunal (NCLT) has extended the deadline to July 15, 2023, for concluding the CIRP of FRL. "... NCLT on April 13, 2023, heard the application and granted the said exclusion of 90 days from CIRP of FRL and consequent extension for completion of CIRP till July 15, 2023," said a regulatory filing from the company.
The Delhi police has provided security to suspended Bharatiya Janata Party spokesperson Nupur Sharma and her family after an FIR was registered on a complaint that she was getting death threats over her controversial remarks on Prophet Mohammed, officials said on Tuesday.
A 72-year-old man was held for allegedly disrupting communal harmony and organising a protest without permission at the Jama Masjid area in New Delhi recently against the controversial remarks on Prophet Muhammad, police said.
The controversy triggered by remarks made by two former Bharatiya Janata Party functionaries against Prophet Mohammed is India's "internal issue" and it is not an attention-grabbing matter in Bangladesh unlike in some other Muslim nations, a senior Bangladeshi minister has said, as he dismissed criticism that the country's government is "compromising" on the issue.
Acquisition of stressed infrastructure assets has pushed its debt to over Rs 1 lakh crore, highlighting concerns about its growth strategy.
Analysts said with more power sector companies referred to the NCLT by banks, large companies would be at an advantage.
Sajjan Jindal-led JSW Group is not planning to cancel the Rs 100 crore (Rs 1 billion) order given to Maytas Infrastructure, run by promoters of fraud-hit Satyam Computers, as it is "happy" with the progress made by the firm on construction of two township projects.
Suspended Bharatiya Janata Party spokesperson Nupur Sharma, who was summoned by the Bhiwandi police in Maharashtra on Monday over her alleged objectionable remarks against Prophet Mohammed, has sought time to appear before the police to record her statement, a senior official said.
Following a strong performance in the 2022-23 January-March quarter, publicly listed paint industry giants displayed a mixed performance in the 2023-24 (FY24) April-June quarter. While Berger Paints India outperformed its peers and reported results in line with expectations, market leader Asian Paints and Kansai Nerolac Paints fell slightly short of expectations.
When asked about a social media campaign to boycott Indian products in the wake of the row, the minister said he has not heard of any such thing.
The case pertains to alleged irregularities.
Some of these nations are India's biggest export market. India is also dependent on these countries to meet its energy needs.
Former Union Minister and Congress leader Salman Khurshid is facing legal issues with the release of his book, Sunrise over Ayodhya -- Nationhood in our times. Two Delhi lawyers have filed complaints with Delhi Police against Khurshid, for allegedly defaming and comparing Hinduism with terrorism in his book.
Over the weekend, many companies stepped in to ease the bottleneck in supply and transportation of oxygen, as demand ran high with the surge in cases.
'We would like to develop Andhra Pradesh into a logistics hub not only for India, but also for South Asia.'
The Delhi police has registered an FIR against an associate professor of Delhi University's Hindu College for his "objectionable" social media post alluding to claims about the 'Shivling' found inside the Gyanvapi mosque complex, officials said on Wednesday.
The National Stock Exchange (NSE) Nifty Next 50 Index could undergo large-scale changes if the proposed tweaks to its computation methodology get implemented. In a discussion paper floated recently, NSE Indices, which owns and manages a portfolio of over 350 indices under the Nifty brand, proposed that only stocks that are traded in the futures and options (F&O) segment can be part of the index. Currently, as many as 11 non-F&O stocks are part of the Nifty Next 50 Index, which, as the name suggests, represents the next rung of large and liquid securities after the Nifty50.
India on Monday hit out at the Organisation of Islamic Cooperation for its criticism of the country in the wake of the alleged derogatory remarks made against Prophet Mohammed by two Bharatiya Janata Party functionaries.
Prohibitory orders were imposed in parts of Ranchi city after some policemen, including an Indian Police Service officer, and others were injured in Ranchi on Friday while trying to control a mob near a temple, an official said.
On June 30, mining and metals giant Vedanta, announced that it had decided to initiate a strategic review of its steel and steel-making raw material businesses. The review would begin immediately and evaluate a broad range of options, including but not limited to a potential strategic sale of some or all of the steel businesses, the company said in its stock exchange filing. The signs have been there - approaches had been made to steel players over the past year. Last December, Anil Agarwal, chairman Vedanta group, told Business Standard that the steel plant capacity was about 3 million tonnes (mt).
The spokesperson for UN Secretary-General Antonio Guterres has called for a halt to any sort of violence, especially one based on perceived religious differences and hatred, amidst protests in India over the controversial remarks by two now-suspended/expelled Bharatiya Janata Party functionaries against Prophet Mohammed.
'Is it because they perceive India as a soft state?'
India's largest private port operator Adani Ports and SEZ (APSEZ) Ltd has emerged as the highest bidder for the West Bengal government's greenfield deep-sea port project at Tajpur in a neck-to-neck fight with JSW Group, a source said on Friday. APSEZ and Sajjan Jindal-led JSW Group were the only two entities that took part in the financial bid round, though there were more port and logistics majors who had expressed initial interest in the estimated Rs 7,000-crore project in Purba Medinipur district. "APSEZ is the highest bidder, offering a share of 0.25 per cent of gross revenue. "It was marginally higher than the second bidder who offered 0.23 per cent," a senior government official said, without wanting to be named.
Delhi Capitals' co-owner Parth Jindal hinted that the entire league stage of the 14th edition of the Indian Premier League could be held in Mumbai this year.
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