Teledata Informatics Ltd said on Friday it has acquired over 80 per cent stake in London-based I-MAX Networks Ltd through its subsidiary.
The National Company Law Tribunal (NCLT) on Tuesday admitted a fresh petition filed by a Zee Entertainment Enterprises Ltd shareholder seeking enforcement of the now-cancelled merger deal between ZEEL and Sony. The Mumbai bench of NCLT also directed Sony Pictures Network India, now known as Culver Max, to file a reply within three weeks and fixed the next date of hearing on March 12. On January 21, Sony Group Corp (SGC), the Japanese parent company of Sony Picture Network India (SPNI) and BEPL, announced the termination of the $10 billion merger agreement with ZEEL, while seeking $90 million for breach of conditions besides initiating arbitration.
Domestic air traffic rose 4.8 per cent on an annual basis to 126.48 lakh in February, while more than 1.55 lakh passengers were affected by flight delays during the same period, according to official data released on Friday. In February, Air India's market share rose to 12.8 per cent from 12.2 per cent while that of IndiGo marginally dipped to 60.1 per cent from 60.2 per cent in January. The domestic air traffic climbed to 126.48 lakh in February compared to 120.69 lakh in the year-ago period, the Directorate General of Civil Aviation (DGCA) said.
Max Verstappen became the first Formula One driver to take 16 victories in a season
'That was just unbelievable from Glen Maxwell. Footwork is overrated.'
If the Congress reached 90, it would have a pretty good chance of holding the BJP below the 272 mark. A hundred seats will rock national politics, argues Shekhar Gupta.
The victory at Suzuka was the Dutch driver's 13th in 16 races this season and left him on the brink of a third world title.
Lopez was cheered on by 22-time Grand Slam champion Nadal during his final event as a professional.
The 25th Laureus World Sports Awards will take place in Madrid, Spain on April 22, it was announced on Wednesday.
The company has entered into a marketing tie-up with the Mumbai-based fashion label Kimaya.
A child sitting near the window was reportedly pulled by the suction, and his shirt was torn off.
Formula One leader Max Verstappen won the British Grand Prix on Sunday as Red Bull stayed unbeaten in 2023 and equalled McLaren's 1988 record run of 11 victories in a row.
The three-member panel in its report said that no ECG tracings were done to check if the child was alive. The body was handed over without written instructions.
'There is not any negative connotation associated with it.'
WiMax Forum, the representative body of WiMax operators, alleged that BSNL had deployed its WiMax services on the frequency division duplex-based spectrum band, which does not conform to international standards for WiMax technology. The forum also sought easier rollout obligations for the successful bidders of BWA spectrum.
Though a formal purchase agreement with Boeing is yet to be signed, SpiceJet's order size could be of 40-50 planes, a source familiar with the development said. At list price, a 737 Max aircraft is valued at about $100 million (Rs 620 crore).
In the largest foreign investment in life insurance after the Reliance-Nippon deal last year, Japan's Mitsui Sumitomo (a unit of MS&AD Insurance Group Holdings) will buy 26 per cent stake in Max New York Life (MYNL) for Rs 2,731 crore (Rs 27.31 billion).
A quick look at the Oscar 2016 nominations.
Two-wheeler maker TVS Motor Company on Friday said it plans to replace the two-stroke motorcycle Max with a four-stroke entry-level motorcycle within six months to arrest the erosion in sales.
Warburg Pincus group and associates are making an open offer to the shareholders of Max India Ltd to acquire additional 20 per cent stake in the company for Rs 200 per share payable in cash.
The company, which recently approved a plan to invest an additional Rs 26 billion to take its total investment to Rs 36 billion by 2011-12, had deferred its target for breakeven for faster growth. Max New York Life Managing Director Rajesh Sud said the company would look at sum assured rather than the first year premium and added that "we are very comfortable being the number fifth or sixth on first year premium, provided we are retaining our clients."
Max Verstappen will have a five place grid penalty for Sunday's Belgian Grand Prix after a gearbox change.
Verstappen, who started sixth after a five-place grid penalty, extended his championship lead over Perez to 125 points after taking the chequered flag 22.3 seconds ahead of the Mexican.
This would be company's second acquisition in the WiMax space. In February, the company had acquired a significant stake in a French WiMax chip manufacturer Sequans Communications. The financial details of the acquisition were not disclosed. Further, RCom will expand its reach across countries in the Saarc region, Mediterranean and other South African nations. RCom intends to provide high-speed broadband services, voice, video and data suite and 4G services.
The next race is Verstappen's home Dutch Grand Prix at Zandvoort after the August break and Red Bull team boss Christian Horner said his driver was a once in a generation talent.
V1Max runs Vivo's FunTouch 2.1 operating system, which is based on Android 5.0 Lollipop.
The life insurance industry reported a 25.28 per cent decline in new business premium income in November 2023 to Rs 26,494.83 crore from Rs 34,588.8 crore recorded a year ago. The fall in group premium and change in taxation norms for policies with a higher ticket size dragged the premiums of the state-run Life Insurance Corporation of India (LIC) and private insurers, respectively. According to the data released by the Life Insurance Council, the premium of private insurers slipped 9.33 per cent Y-o-Y to Rs 10,360.29 crore from Rs 11,426.73 crore as a result of a change in product mix due to the measures taken to counter the impact of tax imposed on the premiums of Rs 5 lakh.
Max Verstappen put Red Bull on pole position for his home Dutch Grand Prix at Zandvoort for the third year in a row
Private life insurers are expected to deliver decent growth in the first quarter of the 2023-24 financial year (Q1FY24) on the back of stronger group business performance and easing supply-side constraints on individual protection. Life Insurance Corporation (LIC), though, is likely to see a decline. Healthy 12 per cent year-on-year (YoY) retail annual premium equivalent (APE) growth for private players, coupled with 11 per cent year-on-year (YoY) decline in LIC, will pull retail APE growth to a mere 3 per cent YoY in June 2023.
The 18-year-old also created history as he surpassed the legendary Viswanathan Anand to take the No 1 spot among Indian chess players in the live ratings.
Corporate India is starting to step up its capital expenditure plans amid government incentives and signs of rising demand, company executives and analysts have indicated. This coincides with the Reserve Bank of India (RBI) recently citing a double-digit growth in private capital expenditure. Healthy balance sheets of banks and corporates, along with increasing capacity utilisation and improving business sentiment, are contributing to a favourable environment for sustained growth in private sector investments, the RBI said in its policy last week.
Mad Max: Fury Road has a very realistic chance of sweeping the Oscars, predicts Raja Sen.
Max Verstappen won the Spanish Grand Prix from pole position to stretch his Formula One championship lead to 53 points.
Max Verstappen took his fifth pole position in a row at the British Grand Prix.
Fans in Mumbai came out in big numbers to celebrate the release of Thalapathy Vijay's new film, Leo, on October 19.
The airfares are already 15 per cent higher than last season and due to this shortage it will go higher, said Sharat Dhall, COO of Yatra.com.
Normal flight services at Manipur's Imphal International Airport were affected on Sunday afternoon over sighting of an unidentified flying object (UFO), officials said.
Dominic Thiem, U.S. Open winner in 2020, has secured a place in the main draw of the Australian Open after the withdrawal of Reilly Opelka, the tournament organisers confirmed on Friday.
To take delivery of 50 from 2017 and in talks to lease five Airbus planes to Kuwait Airways.
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