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Disclosing details of his assets, he said the reports about the rise in his wealth had been done without checking facts.
As fuel prices surged in September, the government's decision to ask companies to cut price by Rs1 each on a litre of petrol and diesel came as a dampner for private players.
The operation, which the sources said was coordinated by NSA Ajit Doval, led to the rendition of the 33-year-old princess, who has said she was seeking to escape torture inflicted by her father, UAE PM and Dubai ruler Mohammed bin Rashid al-Maktoum.
India plans to further cut imports from Iran by 13 per cent next fiscal even though easing of US and western sanctions has made buying crude oil from the Persian Gulf nation easier.
The consortium led by SBI has also initiated the process of recovery.
Kite flyers from India and abroad showed their skills of flying kites on the first day of kite festival which kicked off here on Tuesday.
Sri Ram Sene chief Pramod Muthalik has said that he would try to join Bharatiya Janata Party, from where he was unceremoniously removed only a few hours after his inclusion in Karnataka.
The National Investigation Agency has seized Rs 1.4 crore, believed to be terror money, in Bangalore. The agency sources told Rediff.com that the money was sourced through modules in North East and was sent to Bangalore.
A sub-group has been formed to amend rules that govern safety standards at eating establishments
Jayraj's Camel Safari fails to connect with the youth at whom it was aimed to.
Choose from the three releases this week.
The Air India board has cleared a proposal for sending its pilots on deputation to its budget arm, Air India Express, which has been facing shortage of commanders for some time now.
In a relief for Railway Minister D V Sadananda Gowda's son Karthik declared absconding, a court on Monday granted him anticipatory bail in a case relating to alleged rape, kidnap and cheating of a Kannada starlet.
Poddar-Mallya agreement on running MCF likely to be re-worked.
United Bank's exposure to Kingfisher Airlines was around Rs 350 crore (Rs 3.50 billion)
BPO, which is growing at 12 per cent annually in the country, is expected to touch $50 billion by 2020 from the present $21 billion.
State capitals and major cities across the country have seen security being beefed up at vulnerable places and key installations.
The Anupam Kher Show was everything it promised to be, notes Nishi Tiwari.
All the 14 were being produced in local courts for a transit remand to Delhi where they would be questioned extensively by the NIA.
Kolkata-based United Bank of India, which had earlier declared Kingfisher Airlines and its four directors, including Mallya as wilful defaulters, on Tuesday identified UBHL, the guarantor of the grounded Kingfisher Airlines, also a wilful defaulter.
Pronouncing the sentence, Judge T Srinivasa Rao described the case as the "rarest of the rare".
Mangalore-based Rediff reader Charulata Rao sent us this healthy dessert recipe.
Talented students in small towns often don't get into national-level colleges simply because they don't get proper training to write entrance exams. Ignus is working to change that.
India is the 4th largest oil consumer after the US, China and Japan.
Jet Airways on Thursday said it would introduce more flights on both its domestic and international networks.
India will pay Iran $900 million in two tranches beginning next week to clear part of the past dues for crude oil it buys from the Persian Gulf nation.
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Tata Value Homes, a 100 per cent subsidiary of Tata Housing, on Monday launched its exclusive e-commerce platform to sell flats and is eyeing up to Rs 1,000 crore (Rs 10 billion) revenue by FY2015-16.
The airline, part of Vijay Mallya-led UB Group, has been grounded since October 2012, after being bogged down by huge and mounting losses.
Following up on Finance Minister Arun Jaitley's Budget announcement of creating an integrated oil company, India's biggest oil and gas producer ONGC may buy all of the government's 51.11 per cent stake in Hindustan Petroleum Corporation Ltd.
Manwani said HUL was using technology across the value chain from manufacturing to distribution, marketing and advertising in its endeavour to be future-ready.
He manages to get back a majority of pledged shares.
Iran has offered discounts on crude oil price and free shipping if India agrees to buy more of its oil.
India has asked refiners that owe about $6.5 billion to Iran for oil imports to build up dollar and euro balances to avoid downward pressure on the rupee if six world powers and Tehran reach a final nuclear deal.
Ricoh India, the largest gainer among these pack, has rallied 192 per cent from Rs 294 to Rs 859 on the BSE so far in the current calendar year.
Through the UB Group, Mallya holds 21.98 per cent stake in MCF.
The company had signed a memorandum of understanding with the state government to set up the plant at an investment of Rs 30,000 crore (Rs 300 billion).
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Lawyers say open offer must for twin stake purchase to meet Sebi rules.
An open offer for acquisition of additional stake in a listed company can move forward only after issuance of 'observations' by Sebi.
The UAE central bank will then make payments in dirhams to Iran.
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