Did the fear of central agencies probing scams involving NCP leaders that forced these politicians to jump ship?
Third attempt to get more buyers, property market still quite depressed.
Worried by a spike in Chinese imports, the Indian Steel Association (ISA) plans to take up the matter with the government and seek measures to fix "trade distortions". Alok Sahay, secretary general of the group that represents the country's steel producers, said systemic changes were needed. "In order to take any trade measure, it takes a minimum of 15 months' time, due to prevalence of lesser duty rule in India, making India an easy target. "We are going to write to the government on this," he said.
The GST Council on Saturday clarified that guarantees provided by corporate to their subsidiaries will attract an 18 per cent GST, while no tax will be levied if a personal guarantee is given by a director to the company. The council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state ministers, also cut the GST rate on molasses to 5 per cent from 28 per cent. It also ceded the right to tax Extra Neutral Alcohol (raw product for making alcohol for human consumption) to the states.
The Uttar Pradesh government today ordered first information reports to be lodged against all the 16 sugar mills that Bajaj Hindusthan owns in the state for allegedly failing to honour farmers' payment commitments for the crushing season 2007-08. Shishir Bajaj-controlled Bajaj Hindusthan is the country's largest sugar producer.
"The most prominent suitors continue to be Russian producers, although India's Essar Group also has been mentioned prominently, according to market sources," the Metal Bulletin (MB) reported, adding that Essar has been the most recent company to express interest and has begun negotiations with Luxembourg-based ArcelorMittal.
Ajit Balakrishnan offers lessons from another tech revolution not so long ago.
The Sanghvi brothers were arrested on late Wednesday evening, the third owner of the club Abhijeet Mankar was arrested in wee hours of Thursday.
Among the companies that have shown interest in NTC are Abhishek Industries, Alps Industries, Falcon Tyres, Alok Industries and Nitco.
Jailed ex-Pakistan premier Imran Khan's party-backed independent candidates on Friday sprang a surprise by winning 86 seats out of the 201 results declared following unusual delays and allegations of rigging, as the country appeared heading towards a hung assembly.
He has had four back stress fractures in five years, most recently in 2018, which led him to consider retirement.
Saddled with huge losses due to a glut in the industry, sugar mills are going all out for co-generation and distilleries now.
Arjun Menon looks at some Tamil films from the last decade that tick all the right boxes, and lists where you can watch them.
With the Income Tax department recovering over Rs 225 crore cash during a series of raids on an Odisha-based distillery group on charges of tax evasion, Prime Minister Narendra Modi on Friday assured the people that the money looted from the public will be returned.
The sugar industry is now awaiting a subsidy from the government to make exports viable, as prices have fallen in the international market.
Meanwhile, the stamp duty burden on purchase of residential and commercial property throughout Mumbai is all set to increase by 5 to 25 per cent.
National Textile Corporation has shortlisted three firms as advisors to revive 29 of its mills through private participation.
The government on Thursday banned exports of non-basmati white rice to boost domestic supply and keep retail prices under check during the upcoming festive season. There would be no change in export policy of par-boiled non-basmati rice and basmati rice, which forms the bulk of exports, the food ministry said in a statement. Non-basmati white rice constitutes about 25 per cent of total rice exported from the country.
If the trailer is any indication, Ranbir Kapoor's Animal will be one of the most violent films of 2023.
The ever-milling modern-day sport does not allow extended celebrations and India, in the immediate aftermath of their T20I series triumph, will have to hit game-mode and treat the fifth match against Australia in Bengaluru on Sunday as a workshop to fit two key pieces in their grooves ahead of an exacting assignment.
The Centre recently released the first advance estimates of kharif crops that, barring tur dal, showed a dip in production due to uneven monsoon and other natural calamities including pest attacks in cotton. The first Advance Estimates, released a few weeks back, are usually initial projections on the crop size and, more often than not, are revised as more inputs come from the fields. But, the findings have rung alarm bells in several quarters. The Centre, along with many others, is confident that as more details come, the estimates will be revised upwards.
A statement issued by Home Department said that the illegal influx was reported on July 22 and 23 in Chandel district by Assam Rifles, the India-Myanmar border guarding force.
The Reserve Bank on Friday superseded the board of the city-based Abhyudaya Cooperative Bank on concerns emanating from "poor governance" and appointed an administrator to manage the affairs of the lender. In what can be seen as a step that should allay depositors' concerns, the central bank did not put any restrictions or moratorium on deposit withdrawals because of the comfort it gets on the bank's finances, according to people in the know. "(The) action is necessitated due to certain material concerns emanating from poor governance standards observed in the bank.
Amruta takes up a challenge... Raveena makes memories...Harsh gets ready for a biopic...
'I somehow felt that Muzaffar Ali was in Aligarh to feel the pulse of the Muslim youth, especially in the darker and harsher times that India is passing through,' notes Mohammad Sajjad.
The Brihanmumbai Municipal Corporation initiated an inspection drive of 624 restaurants, eateries and malls across the city and its suburbs and razed illegal, unauthorised structures at 314 sites.
Days after sentencing four men to life term for brutalising a telephone operator in Shakti Mills compound in Mumbai, a local court on Monday framed fresh charges against the three common convicts in the 2013 photojournalist gang rape case.
The actress, who will now be seen on Bigg Boss OTT season 2, adores colours.
The stars Rediff.com Contributing Photographer Pradeep Bandekar sighted on Tuesday.
One can only pray he finds his peace while we take comfort in the knowledge of having a true friend and the therapeutic power of humour. Sukanya Verma mourns the passing of Matthew Perry.
Vijay Baghel and Jogi accuse the chief minister of prompting liquor vends across the state.
Raut claimed Sharad Pawar recently told Uddhav Thackeray that his party will never join hands with the BJP.
Film-makers seem to think a modern woman has to adopt the worst traits of men, observes Deepa Gahlot.
The MLA claimed his name had figured in the list of nine ministers of NCP, including Ajit Pawar who took oath last Sunday.
The development comes close on the heels of DLF's closing the Rs 325-crore (Rs 3.25-billion) deal to sell 150 MW wind turbine project in Gujarat.
The buyers, however, cannot go ahead with construction on the lands bought by them, the court said.
Nagaraju's dogged fight over a period of 18 years for his ancestral property began from scratch
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