Reliance Industries on Friday announced the sale of 2.32 per cent stake in its digital unit to US-based Vista Equity Partners for Rs 11,367 crore, the third deal in a little over two weeks that will inject a combined Rs 60,596.37 crore in the oil-to-telecom conglomerate to help it pare debt. The US-based private equity firm will buy a stake in Jio Platforms, which houses the country's youngest but biggest telecom firm Jio, at an equity value of Rs 4.91 crore and an enterprise value of Rs 5.16 crore.
Volunteers have been asked to provide details of their core competencies for future projects, says Mayank Mishra
Congress Lok Sabha candidate Imran Masood was arrested on Saturday on charges of hate speech in which he threatened to "chop" Narendra Modi "into pieces", remarks that led to a first information being filed against him by the police besides sparking an outrage.
The Saturday stampede that killed 12 people occurred 'due to a scuffle between two groups of pilgrims', the Shri Mata Vaishno Devi Shrine Board (SMVDSB) said in a statement, emphasising only 35,000 pilgrims were allowed to proceed for the yatra against the normal capacity of 50,000 in view of the pandemic.
In the season of aviation action, Rakesh Jhunjhunwala-backed Akasa Air has secured the crucial no-objection certificate (NoC) from the civil aviation ministry. It expects to start operations next summer. The airline will now have to apply for the Directorate General of Civil Aviation for operations permit. Aviation sector has been in the limelight with the Tata Group winning the Air India bid last week.
"I have been brought here forcibly from my rented room in Rambagh (area of the city)," Manoj Kumar, a labourer from Bihar, said.
The Securities Appellate Tribunal adjourned the hearing on RIL plea against SEBI in the insider trading case, for the fourth time in a row, to July 22 as the company sought more time to file its response.
India is celebrating its 73rd Army Day on Friday. All Army Command headquarters celebrate Army Day to commemorate the country's soldiers. The day marks when Lt Gen K M Carriappa took over as commander-in-chief of the Indian Army from General Francis Butcher, the last British commander-in-chief of India, in 1949.
The RJD tweeted, "In almost 10 seats, the Nitish administration is delaying the count and not giving certificates to the winning candidates. Sitting in the CM's residence, Nitish Kumar and Sushil Modi are putting pressure on DMs and ROs through phone calls by the CM's principal secretary to decide closely contested seats in their favour."
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Bharatiya Janata Party's prime ministerial candidate Narendra Modi will contest the forthcoming Lok Sabha elections from Varanasi in Uttar Pradesh.
'The PLA will not voluntarily withdraw from Indian territory.'
As the Opposition held its first meeting on the Presidential polls and names of Farooq Abdullah and Gopalkrishna Gandhi also cropped up, the ruling Bharatiya Janata Party reached out to several parties across the political spectrum to build a consensus choice with senior party leader and Defence Minister Rajnath Singh speaking to Sharad Pawar, Mallikarjun Kharge (Congress), Mamata Banerjee (Trinamool Congress), Akhilesh Yadav (Samajwadi Party) and Naveen Patnaik (Biju Janata Dal).
'I am not sure of the numbers killed, but they were not as high as the use of the word 'genocide' suggests.' 'There is another meaning you could take, 'cultural genocide', in that the Pandit community is extremely small and their forced departure led to a wiping out of their culture.'
The change in leadership at the railway ministry comes at a time when the national transporter is grappling with low passenger earnings even as it is trying to increase freight loading and open up its doors to private investment. Union Minister Ashwini Vaishnaw took charge from Piyush Goyal who got the railway portfolio in 2017 after Prime Minister Narendra Modii dropped Suresh Prabhu from the Union Cabinet. Completing freight corridors, negotiating land for the bullet train, and speeding up monetisation plans would be some of the major focus areas for Vaishnaw.
The leaders neither spoke from the podium of the Kisan Sansad (farmers' parliament) nor were they seated on the dais.
'I don't think there is a need to order a fresh investigation into the complaint against Modi & Co. As the amicus curiae Raju Ramachandran said in his report to the Supreme Court, the existing material is more than sufficient to prosecute Modi and other high-ups of his regime,' Manoj Mitta, author of the book The Fiction Of Fact-Finding: Modi and Godhra tells Rediff.com's Prasanna D Zore.
Terrorism decreased, corruption and dynastic politics ended and an era of peace, development, prosperity started on August 5, 2019, said Shah as he reached out to the youths in the Valley urging them to stand up to disruptive elements and become ambassadors of peace.
With half of their staff on duty and no visitors allowed in waiting halls, many top leaders of Bharatiya Janata Party (BJP) who are under quarantine due to the extended lockdown are exploring ways to keep themselves busy.
From the drones show to projection mapping show, this year's ceremony also presented quite a few firsts.
With no agenda announced for the meeting, the leaders from Jammu and Kashmir said they have come with an open mind.
If Modi and Shah did not project Adityanath as CM, it was out of expediency, says Radhika Ramaseshan.
Though the Cabinet reshuffle on July 5 has a clear stamp of the Prime Minister's Office, the changes have also increased the coherence between the Bharatiya Janata Party, the government and the Rashtriya Swayamsevak Sangh.
Earlier in the day, President Ram Nath Kovind accepted Murmu's resignation as the Lt Governor of Jammu and Kashmir.
At the moment, there appears to be no alternative political narrative to the one lying buried under the debris of havoc caused on this front by the fallout of 'August 5, 2019', asserts Mohammad Sayeed Malik, the distinguished commentator on Kashmir affairs.
Vinod Mirani gives us his weekly verdict.
A series of flash floods in Himachal Pradesh and the Union Territories of Jammu and Kashmir, and Ladakh killed at least 16 people on Wednesday and damaged several residential houses, standing crops and a mini power plant, officials said.
'It is not something that is going to unfold in the next few weeks or even the next few months.' 'This process will continue for some time. And that's how it should be.' 'If the politicians are coming on board, then that is a welcome step.'
India does not have a unified regulatory regime to counter Ponzi, or pyramid, schemes whose operators typically grab new deposits to meet their promise of guaranteed returns to existing savers, point out Manoj Kumar and Mayank Bhardwaj.
Chaudhary joined BJP at an event of the party's newly launched membership drive at Jawaharlal Nehru Stadium in Delhi.
People turned up in large numbers outside Palam airport to welcome the PM. The BJP also organised a cultural programme at the airport.
Nearly two years after the bifurcation of Jammu and Kashmir into two UTs and revocation of its special status, Prime Minister Narendra Modi on Thursday held talks with top political leaders from the erstwhile state, and said the Centre's priority is to strengthen grassroots democracy there for which delimitation has to happen quickly so that polls can be held.
'The word equity means so much more to the dynamic world India today is in than the word 'socialism'.'
Nevertheless, border dispute will feature prominently on Modi's agenda but the matter won't be discussed at length. Nayanima Basu reports
"Our country has never bowed down and will never bow down to any world power, and I am able to say this because of braves like you," Prime Minister Narendra Modi said on Friday while interacting with the soldiers, who were injured in the June 15 clash with the Chinese troops in eastern Ladakh's Galwan Valley.
While PNB did not name the other lenders, Union Bank of India, Allahabad Bank and Axis Bank are said to have offered credit based on letters of undertaking (LOUs) issued by PNB. Foreign bank branches too are under investigation.
Full list of the rejigged Union Council of Ministers
While the government has claimed significant increase in funds for farm credit, PMKSY and PKVY, facts show a different story.
The hotel is equipped with new, clean air technology which promises its guests the cleanest air in the city on par with global standards.
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