News for 'LLC'

Reliance cuts US lobbying spend

Reliance cuts US lobbying spend

Rediff.com9 May 2011

Billionaire Mukesh Ambani-led Reliance Industries has surprisingly cut down its expenses for lobbying among US lawmakers to a record low level.

Dabur acquires US-based Namaste Group for $100mn

Dabur acquires US-based Namaste Group for $100mn

Rediff.com3 Jan 2011

FMCG major Dabur said it has completed the acquisition of the US based personal care firm Namaste Group for $100 million (about Rs 451 crore) in an all-cash deal. "The company's wholly-owned subsidiary Dermoviva Skin Essentials has completed the acquisition process by acquiring 100 per cent stake in leading personal care companies of Namaste Group, US," Dabur said in a statement.

Apple explores Hulu bid

Apple explores Hulu bid

Rediff.com22 Jul 2011

Apple's nascent interest comes as Hulu's owners look to sell the popular property. Hulu's owners include Comcast Corp, News Corp and Providence Equity Partners.

Watch out for Yashasvi Jaiswal in world cricket!

Watch out for Yashasvi Jaiswal in world cricket!

Rediff.com9 Mar 2020

'I will get an opportunity to talk about my game with big stars like Ben Stokes, Steve Smith, Jos Buttler.' 'I hope to learn a few things from them and I am confident of doing well,' says the top-scorer in the Under-19 World Cup who will play for the Rajasthan Royals this IPL.

He cheated others and made billions!

He cheated others and made billions!

Rediff.com12 Nov 2010

One of American's biggest fraudsters, Bernard Madoff was sentenced to 150 years for his massive $65 billion scam.

IndiGo rejigs ownership structure ahead of IPO

IndiGo rejigs ownership structure ahead of IPO

Rediff.com17 Jun 2015

Move aimed at giving more headroom to foreign investors.

Infosys acquires Noah Consulting for $70 million

Infosys acquires Noah Consulting for $70 million

Rediff.com19 Oct 2015

IT major Infosys will acquire US-based oil and gas consulting firm Noah Consulting for $70 million.

Reva car promoters to sell company?

Reva car promoters to sell company?

Rediff.com18 May 2010

Bangalore-based Reva Electric Car Company, one of the world's most recognised electric car manufacturing companies, may see a change of ownership, with its current promoters holding talks with an international automotive investor for a sell-out.

US building consultancy major eyes Indian market

US building consultancy major eyes Indian market

Rediff.com15 Jul 2009

The company had decided to set up an office in Mumbai last year but had to shelve its plans because of recession and market conditions. The company as part of a consortium had placed bids in infrastructure projects last year in Malegaon, Pune, Chennai, Hyderabad.

Obama appoints ex-DD newsman to Commerce Dept

Obama appoints ex-DD newsman to Commerce Dept

Rediff.com30 Oct 2009

The Obama Administration has appointed Secunderabad-born Suresh Kumar, currently president and managing partner of KaiZen Innovation, LLC, a management advisory firm that specializes in installing global marketing processes and programs, based in Princeton, New Jersey, as Assistant Secretary of Commerce and Director General of the United States and Foreign Commercial Service.Kumar said that he was a sports commentator and anchor for Doordarshan.

Jordan agrees to purchase Charlotte Bobcats

Jordan agrees to purchase Charlotte Bobcats

Rediff.com27 Feb 2010

Hall of Famer Michael Jordan has agreed to buy a controlling interest in the NBA's Charlotte Bobcats, majority owner Bob Johnson said on Saturday. Johnson said further details would come from the NBA. Owners of the NBA's 29 other franchises must approve the sale.

Will Khona's return as CEO give GoAir its second wind?

Will Khona's return as CEO give GoAir its second wind?

Rediff.com29 Aug 2020

Kaushik Khona's second innings at GoAir will be more challenging than the first. Globally, the aviation industry is in deep distress because of the pandemic, reports Aneesh Phadnis.

Rajasthan's trio of youngsters look forward to IPL experience

Rajasthan's trio of youngsters look forward to IPL experience

Rediff.com28 Aug 2020

'We are all going through an entire gamut of emotions. I only saw these players on TV and now I will play alongside them. It's indeed a great feeling.'

Marico buys 70.50% in Sundari

Marico buys 70.50% in Sundari

Rediff.com26 Feb 2003

Marico Industries Ltd along with Adil & Associates acquired 70.50% in Sundari LLC, the owner of Sundari line of luxury ayurvedic skin care products.

RIL to invest $1.7 bn in shale gas in US

RIL to invest $1.7 bn in shale gas in US

Rediff.com10 Apr 2010

In its first-ever break through in the United States, Reliance Industries Limited on Friday said its subsidiary Reliance Marcellus LLC would enter into a joint venture with United States-based Atlas Energy.

Landmark Group dumps Trump products over Muslim ban call

Landmark Group dumps Trump products over Muslim ban call

Rediff.com9 Dec 2015

Donald Trump called for a ban on Muslims entering the United States.

Wipro to buy US mortgage services firm for $75 million

Wipro to buy US mortgage services firm for $75 million

Rediff.com2 Dec 2013

The deal is expected to close in the January-March quarter.

Billionaire sets world record with $201-million life insurance

Billionaire sets world record with $201-million life insurance

Rediff.com18 Mar 2014

The policy features a combined death benefit to be paid upon the death of the single insured that more than doubles the previous record, Guinness said in a statement.

Govt rejects Goldman Sachs' proposal

Govt rejects Goldman Sachs' proposal

Rediff.com9 Sep 2009

Goldman Sachs wanted the govt to give it a blanket approval for any further investment in non-banking financial activities in India.

Amazon buys 49% stake in Kishore Biyani's Future Coupons

Amazon buys 49% stake in Kishore Biyani's Future Coupons

Rediff.com23 Aug 2019

Through this transaction, Amazon has managed to acquire around a 3.6 per cent stake in the Future group.

Deposit 2,500 cr: SC to Vodafone

Deposit 2,500 cr: SC to Vodafone

Rediff.com15 Nov 2010

The bench headed by Chief Justice S H Kapadia directed Vodafone to deposit Rs 2,500 crore within three weeks and a bank guarantee of Rs 8,500 crore within 8 weeks.

Infosys BPO to acquire US firm for $38 mn

Infosys BPO to acquire US firm for $38 mn

Rediff.com12 Nov 2009

IT bellwether Infosys Technologies on Thursday said its subsidiary Infosys BPO will acquire US-based McCamish Systems for an initial payment of $38 million (about Rs 176.6 crore).

M&M to ride on ex-Chrysler dealers

M&M to ride on ex-Chrysler dealers

Rediff.com22 Jun 2009

This will help M&M secure a stable line of dealerships fairly quickly, which otherwise is time-consuming and painstaking. Chrysler LLC last month decided to terminate business with 789 dealers -- nearly 25 per cent of its total dealership -- as part of its restructuring process. Mahindra is moving into the US at a time when recession has forced companies to slash jobs, pushing auto sales to the lowest in three decades.

Review: Achamundu is a must-watch

Review: Achamundu is a must-watch

Rediff.com17 Jul 2009

For the guts in coming up with a unique, important theme that needs to be addressed sensitively, this movie works. A must-watch.

Unprecedented demand for IPL broadcast rights

Unprecedented demand for IPL broadcast rights

Rediff.com24 Aug 2017

The IPL broadcast rights -- internet, TV and mobile -- are expected to fetch the BCCI a massive sum of around Rs. 20,000 crore-plus.

Govt clears 23 FDI proposals worth Rs 5.65 bn

Govt clears 23 FDI proposals worth Rs 5.65 bn

Rediff.com9 Jun 2009

A proposal by Damas LLC to set up a joint venture with Gitanjali Lifestyles for retail trading of jewelleries will bring in FDI of Rs 180 crore (Rs 1.8 billion), while Danone's plans for food products business do not have any definite FDI content as company for this purpose is yet to be incorporated.

Future Retail files caveat in Delhi HC against Amazon

Future Retail files caveat in Delhi HC against Amazon

Rediff.com3 Nov 2020

Kishore Biyani led-Future Group has filed a caveat before the Delhi high court requesting it to be heard if any plea is filed by e-commerce major Amazon over its Rs 24,713 crore deal with Mukesh Ambani-led RIL. Anticipating a move by Amazon, which had got an interim arbitration award in its favour, putting the announced deal on hold, the Future Group firm has moved the Delhi high court.

GM, Chrysler to get $13.4 billion loan

GM, Chrysler to get $13.4 billion loan

Rediff.com20 Dec 2008

The money will be drawn from the Troubled Asset Relief Programmeme set up to bail out financial institutions.

General Motors, Chrysler reopen merger talks

General Motors, Chrysler reopen merger talks

Rediff.com18 Dec 2008

General Motors Corp and Chrysler LLC have reopened merger talks, as Chrysler owner Cerberus Capital Management LP has signalled its willingness to give away part of its ownership in the auto maker, a media report said today, citing people familiar with the goings-on.

Wall Street slides as oil prices tumble to near 7-year low

Wall Street slides as oil prices tumble to near 7-year low

Rediff.com8 Dec 2015

The major US indexes pared losses late in the session.

USCIS award for Subir Chowdhury

USCIS award for Subir Chowdhury

Rediff.com28 Apr 2009

Subir Chowdhury, chairman and CEO of ASI Consulting Group, LLC, has been named for the 'Outstanding American by Choice Award' by the USCIS (United States Citizenship and Immigration Services) in recognition of his work and contributions to the US.

Another lawsuit filed against Satyam in US

Another lawsuit filed against Satyam in US

Rediff.com9 Jan 2009

A new class action lawsuit was filed in the US courts on Friday against Satyam Computer, which already has two more such suits against it there filed on behalf of thousands of investors in the American Depositary Shares of the Indian IT firm.

WL Ross to invest $100 mn in Spicejet

WL Ross to invest $100 mn in Spicejet

Rediff.com11 Aug 2008

Shareholders of Spicejet including Royal Holding Services Ltd, Istithmar and Ajay Singh and Goldman Sachs, in capacity as a bondholder of the company, on Monday entered into definitive agreements with WL Ross & Co to this effect, Spicejet said in a filing to the Bombay Stock Exchange.

Chrysler preparing for bankruptcy: WSJ

Chrysler preparing for bankruptcy: WSJ

Rediff.com24 Apr 2009

Ailing auto maker Chrysler is preparing to file for bankruptcy protection as early as next week, irrespective of whether the company reaches a deal with its lenders or forges an alliance with Italian entity Fiat SpA, says a media report.

Sterlite to buy US firm for $2.6 bn

Sterlite to buy US firm for $2.6 bn

Rediff.com31 May 2008

Sterlite Industies (India) on Saturday inked a definitive agreement to acquire the operating assets of Tucson-based Asarco LLC for $2.6 billion in cash, the largest buying abroad by an Indian company this year.Asarco, formerly known as American Smelting and Refining Company, is an over 100-year old company and is currently the third largest copper producer in the US.

Toyota had the largest number of car recalls in 2013

Toyota had the largest number of car recalls in 2013

Rediff.com4 Feb 2014

22 million vehicles recalled in 2013: US safety agency

Fiat likely to buy stake in Chrysler

Fiat likely to buy stake in Chrysler

Rediff.com20 Jan 2009

Italian car maker Fiat is in talks to acquire 35 per cent stake in ailing American auto major Chrysler, says a media report.

US Senate panel confirms Ken Juster as envoy to India

US Senate panel confirms Ken Juster as envoy to India

Rediff.com27 Oct 2017

Juster played a key role in the landmark Indo-US civil nuclear deal.

Mark Zuckerberg: No tax benefit from philanthropic initiative

Mark Zuckerberg: No tax benefit from philanthropic initiative

Rediff.com4 Dec 2015

Facebook Inc Chief Executive Mark Zuckerberg said on Thursday he and his wife would receive no tax benefit from setting up their new philanthropic endeavor.

COVID-19: Why online workouts are a great option!

COVID-19: Why online workouts are a great option!

Rediff.com24 Apr 2020

Since you can't step out, virtual sessions held by fitness experts have come to the rescue.