Japan's Sumitomo Realty & Development Company will buy a 22-acre land parcel in central Mumbai from Bombay Dyeing for Rs 5,200 crore, the Wadias-run company said on Wednesday. The sale of the land parcel in Worli is one of the biggest land sale transactions in the history of the financial capital.
Emerging out of the ED grilling in Mumbai, Rohit Pawar denied any wrongdoing and asserted struggle was imminent in fight for ideology while declaring he wasn't scared.
The rumours have primarily been about the impending resignation of JD-U national president Rajiv Ranjan Singh 'Lalan', for alleged proximity towards ally Rashtriya Janaat Dal at the expense of loyalty to his own party.
Arvind Mills Ltd has posted a net profit of Rs 366.60 million for the quarter ended December 31, 2002 as compared to net loss of Rs 216.30 million in the quarter ended December 31, 2001.
Lal Bahadur Shastri is a New Gen venture that offers you just few chuckles and laughs here and there.
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.
More than 2,800 jobs will be axed as Tata Steel plans to close its blast furnaces at the Port Talbot plant in South Wales in the UK. Of the total job cuts, 2,500 will be in the next 18 months, said Indian conglomerate Tata. A further 300 jobs are to go in three years.
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.
Sukanya Verma looks at how the 33 year old has fared in her decade-long career.
Sharif, the three-time former premier, said that there is a need for all the political parties to sit together and form a government to pull Pakistan out of its difficulties.
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.
Amruta takes up a challenge... Raveena makes memories...Harsh gets ready for a biopic...
This is a good opportunity for long-term investors to pick quality small and midcap stocks at reasonable valuations.
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 stars Rediff.com Contributing Photographer Pradeep Bandekar sighted on Tuesday.
'Thanks to the defenders of Mariupol, Ukraine received vital time to accumulate reserves, regroup and mobilise forces and receive assistance from allies,' a Ukrainian government spokesman said later.
The actress, who will now be seen on Bigg Boss OTT season 2, adores colours.
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.
If the trailer is any indication, Ranbir Kapoor's Animal will be one of the most violent films of 2023.
Raut claimed Sharad Pawar recently told Uddhav Thackeray that his party will never join hands with the BJP.
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.
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.
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.
They alleged that while the two main political parties in the state -- the Bharatiya Janata Party and the Samajwadi Party -- have 'cheated' them, the other parties are 'ineffective'.
'No action will be taken against Ajit Pawar. I am sure.'
Adani group-AAI operated Mumbai airport on Monday said it has switched to green energy sources, fulfilling 95 per cent of its requirement from hydro and wind and the rest 5 per cent from solar power. The facility witnessed a rise in natural energy procurement with 57 per cent green consumption in April to a whopping 98 per cent between May to July, and finally attained 100 per cent utilisation of renewable sources of energy in August, the private airport operator said in a statement. Mumbai Airport was the first in India to launch hybrid technology which has been solely running on green energy since April, thus enabling an efficient and low carbon future for aviation, as part of efforts to reduce carbon footprint, it said.
Arjun Menon looks at some Tamil films from the last decade that tick all the right boxes, and lists where you can watch them.
The MLA claimed his name had figured in the list of nine ministers of NCP, including Ajit Pawar who took oath last Sunday.
Film-makers seem to think a modern woman has to adopt the worst traits of men, observes Deepa Gahlot.
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.
England will be eyeing their second T20 World Cup after a long wait of 12 years.
Vijay Baghel and Jogi accuse the chief minister of prompting liquor vends across the state.
Maharashtra Deputy Chief Minister Ajit Pawar on Friday said he did not have any connection with Guru Commodity Services Pvt Ltd which is under the Enforcement Directorate's (ED) scanner, though a sugar mill owned by the company is being run by one of his relatives.
A special CBI court in Asansol on Saturday rejected Trinamool Congress leader Anubrata Mondal's bail plea in the alleged cattle smuggling scam and extended his custody with the central agency for four days till August 24.
'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.
Pawar said he was upset that his three sisters were dragged into this.
The raids are understood to be linked to a probe related to alleged irregularities in the operations of some sugar mills based in the state that are linked to Mushrif.
At least five people have been killed and several injured after an electric bus lost control and mowed down several bystanders near the Tat Mill crossroad in Kanpur on Sunday, informed local police.
