News for 'PVT'

I-T attaches Rs 400 cr plot belonging to Mayawati's brother

I-T attaches Rs 400 cr plot belonging to Mayawati's brother

Rediff.com18 Jul 2019

Mayawati recently appointed her brother Kumar as national vice president of the Bahujan Samaj Party.

BJP received highest corporate donations in 2019-20

BJP received highest corporate donations in 2019-20

Rediff.com4 Apr 2022

Donations from corporates to the national parties increased by 109 per cent between FY 2017-18 and 2018-19, said an analysis by the Association for Democratic Reforms (ADR), an NGO working for bringing in transparency in electoral politics.

Blow for promoter group in Birla Corp AGM as well

Blow for promoter group in Birla Corp AGM as well

Rediff.com2 Oct 2021

It was a replay of the annual general meetings of the cable companies of the M P Birla group last month even as the Birla side raised "illegalities" in the latest poll results.

'Pvt airlines exploiting passengers by raising fares'

'Pvt airlines exploiting passengers by raising fares'

Rediff.com10 May 2012

Noting that private airlines had raised fares exorbitantly in the wake of Air India strike, members in the Rajya Sabha on Thursday voiced concern over the matter even as the government promised to ask such carriers not to take advantage of the situation.

Pvt port projects face environment freeze

Pvt port projects face environment freeze

Rediff.com27 Jul 2009

Currently, major port projects have to get clearances under the Coastal Regulation Zone notification of 1991 and an environmental clearance from the central government.

26-week maternity leave for employees in pvt sector soon

26-week maternity leave for employees in pvt sector soon

Rediff.com1 Jul 2016

Most private sector firms offer maximum three months of such leave.

Ministries told to clear Air India dues, make cash payments for tickets

Ministries told to clear Air India dues, make cash payments for tickets

Rediff.com27 Oct 2021

The government on Wednesday asked ministries and departments to clear dues of debt-laden Air India immediately and henceforth purchase tickets only in cash. The government earlier this month decided to sell Air India to Talace Pvt Ltd, a unit of the holding company of salt-to-software conglomerate Tata group, for Rs 18,000 crore. The Department of Expenditure, under the Finance Ministry, in a 2009 order, had said that in cases of air travel (both domestic and international), including LTC where the Government of India bears the cost of air passage, the officials may travel only by Air India.

No coercive action against Newsclick founder, HC tells ED

No coercive action against Newsclick founder, HC tells ED

Rediff.com29 Jul 2021

Justice Mukta Gupta said the interim protection granted to Prabir Purkayastha will be in force till the next date of hearing, September 2.

Reliance Brands to pick 40% stake in Manish Malhotra's MM Styles

Reliance Brands to pick 40% stake in Manish Malhotra's MM Styles

Rediff.com15 Oct 2021

Reliance Brands Ltd (RBL) will pick a 40 per cent minority stake in renowned fashion designer Manish Malhotra's MM Styles Pvt Ltd, for an undisclosed sum, the two companies said on Friday. This is the first external investment for the brand, which had so far been privately held by the designer. The strategic partnership is aimed at accelerating the 16-year-old couture house's growth plans in India and across the globe, they said in a joint statement.

Court blocks online game based on Salman Khan's hit-and-run incident

Court blocks online game based on Salman Khan's hit-and-run incident

Rediff.com7 Sep 2021

A Mumbai civil court has ordered for temporary restraint on access to an online mobile game titled 'Selmon Bhoi', allegedly based on a hit-and-run incident involving Bollywood actor Salman Khan.

Pvt sector may make narcotics

Pvt sector may make narcotics

Rediff.com12 Mar 2004

Channi's nephew arrested by ED ahead of Punjab polls

Channi's nephew arrested by ED ahead of Punjab polls

Rediff.com4 Feb 2022

On January 18, the agency had raided his premises and claimed to have seized about Rs 8 crore cash.

No bailout package for pvt airlines: Govt

No bailout package for pvt airlines: Govt

Rediff.com1 Dec 2011

The government on Thursday said no proposal for any kind of bail out package for loss making private airlines was under its consideration.

Pvt airlines, AI restored agents' commission

Pvt airlines, AI restored agents' commission

Rediff.com16 Dec 2008

Replying to supplementaries during Question Hour in Rajya Sabha, civil aviation minister Praful Patel said, "full service airlines earlier used to offer five per cent commission to travel agents on basic fare." "From November 1, 2008, Air India, Jet Airways and Kingfisher abolished the agency commission and introduced transaction fee model... (however) Jet and Kingfisher have started paying commission on basic fare and fuel surcharge.

SC rejects plea against dismantling of INS Viraat

SC rejects plea against dismantling of INS Viraat

Rediff.com12 Apr 2021

The SC took note of the fact that the Ministry of Defence has refused to accept the representation of private firm Envitech Marine Consultants Pvt Ltd that the decommissioned aircraft carrier be preserved.

Pvt players may run freight, passenger trains in India

Pvt players may run freight, passenger trains in India

Rediff.com21 Mar 2015

Inviting private sector in Indian Railways is a good idea.

No stay on proceedings to confirm provisional attachment of Amnesty accounts

No stay on proceedings to confirm provisional attachment of Amnesty accounts

Rediff.com28 May 2021

The Delhi high court on Friday declined to stay the proceedings with regard to confirming the provisional attachment of bank accounts of NGO Amnesty International, but said that any final order passed in the matter would not be implemented without leave of the court.

Ex-Punjab CM Channi grilled by ED in sand mining PMLA case

Ex-Punjab CM Channi grilled by ED in sand mining PMLA case

Rediff.com14 Apr 2022

Channi's nephew Bhupinder Singh alias Honey was arrested in this case by the agency.

Govt staff can now fly pvt airlines, but...

Govt staff can now fly pvt airlines, but...

Rediff.com8 Oct 2013

So far, government officials or employees were allowed to fly only Air India or its subsidiaries on official duty.

MG Motor to shut Halol unit for 7 days to curb COVID-19 spread

MG Motor to shut Halol unit for 7 days to curb COVID-19 spread

Rediff.com27 Apr 2021

MG Motor India on Tuesday said it will shut its manufacturing unit at Halol in Gujarat for seven days to curb the spread of COVID-19 as the second wave of the pandemic is sweeping across the country. The company follows Hero MotoCorp, which had last week announced temporarily stopping of operations at all of its six manufacturing facilities located at Dharuhera and Gurugram, Haryana; Chittoor in Andhra Pradesh; Haridwar in Uttarakhand; Neemrana in Rajasthan, and Halol in Gujarat along with its Global Parts Center (GPC) at Neemrana as COVID-19 cases surged in India.

How far can 'right to be forgotten' be stretched, asks HC

How far can 'right to be forgotten' be stretched, asks HC

Rediff.com30 Sep 2021

The court orally observed that the 'right to be forgotten' depends on how far it has to be stretched.

SC notice to Future Retail, others on Amazon's plea

SC notice to Future Retail, others on Amazon's plea

Rediff.com22 Feb 2021

The Supreme Court on Monday sought responses from Future Retail Ltd and others on Amazon's plea against the Delhi high court direction to maintain status quo on the Future-Reliance deal. Kishore Biyani and others and sought their replies. The apex court said the proceedings before the National Company Law Tribunal will go on and but will not culminate into any final order on amalgamation of FRL with Reliance.

Microsoft invests $5 mn in OYO

Microsoft invests $5 mn in OYO

Rediff.com20 Aug 2021

Tech giant Microsoft Corporation has invested nearly $5 million (about Rs 37 crore) in OYO through the issuance of equity shares and compulsory convertible cumulative preference shares on a private placement basis by the latter, according to a regulatory filing by the hospitality chain. An extraordinary general meeting of Oravel Stays Pvt Ltd (OYO), which runs the OYO Rooms chain of hotels, on July 16 approved issue of the equity shares and Series F2 compulsory convertible cumulative preference shares (Series F2 CCCPS) for "an aggregate consideration amounting to rupee equivalent of $4,971,650 to Microsoft Corporation on a private placement basis", as per an RoC filing by the company.

Arnab has 82% stake in Republic TV, no word on who owns rest

Arnab has 82% stake in Republic TV, no word on who owns rest

Rediff.com19 Feb 2020

Without disclosing other shareholders, Republic Media Network said the statement was being issued to "clarify the details of its promoter shareholding" in view of "misleading" media reports making "false and mala fide claims about the exact ownership of the consolidated network." It said Goswami through his personal investment and family owned around 84 per cent shareholding in ARG Outlier Media Pvt Ltd at the time of launch of the English news channel Republic TV in 2017.

RPL case: Sebi fines RIL, Mukesh Ambani

RPL case: Sebi fines RIL, Mukesh Ambani

Rediff.com1 Jan 2021

Regulator Sebi on Friday imposed penalties on Reliance Industries Ltd, its chairman and managing director Mukesh Ambani as well as two other entities for alleged manipulative trading in the shares of erstwhile Reliance Petroleum Ltd (RPL) back in November 2007. Fines of Rs 25 crore and Rs 15 crore have been imposed on Reliance Industries Ltd (RIL) and Ambani, respectively. Besides, Navi Mumbai SEZ Pvt Ltd has been asked to pay a penalty of Rs 20 crore and Mumbai SEZ Ltd has been directed to pay Rs 10 crore. The case pertains to sale and purchase of RPL shares in the cash and the futures segments in November 2007.

Pvt airlines oppose move to amend international flying norms

Pvt airlines oppose move to amend international flying norms

Rediff.com20 Jan 2015

At present domestic airlines are not allowed to fly on international routes until they have 20 aircraft in fleet and have completed five years of operations.

NSE scam: Anand Subramanian arrested by CBI

NSE scam: Anand Subramanian arrested by CBI

Rediff.com25 Feb 2022

It was alleged in an audit that Subramanian was the Yogi, but Sebi dismissed that claim in its final report on February 11.

Approval for Amazon-Future Coupons deal suspended

Approval for Amazon-Future Coupons deal suspended

Rediff.com17 Dec 2021

In a significant development, the Competition Commission of India (CCI) on Friday suspended its more than two-year-old approval for Amazon's deal to acquire stake in Future Coupons Pvt Ltd and also imposed a Rs 202 crore penalty on the e-commerce major for certain contraventions. This comes amid a bitter legal battle between Amazon and Future Group over the latter's proposed Rs 24,713 crore-deal with Reliance Retail Ventures Ltd (RRVL). Against this backdrop, Future Group had complained to the CCI.

Adani becomes largest pvt thermal power producer

Adani becomes largest pvt thermal power producer

Rediff.com7 Jun 2011

Adani says the company would have a generation capacity of 6,000 Mw by 2011-12.

Johnson & Johnson seeks nod for its 1-dose vaccine in India

Johnson & Johnson seeks nod for its 1-dose vaccine in India

Rediff.com6 Aug 2021

This is an important milestone that paves the way for bringing the company's single-dose COVID-19 vaccine to the people of India, and the rest of the world, through a collaboration with Biological E Limited, the statement added.

Pvt cos battle for defence market

Pvt cos battle for defence market

Rediff.com25 Feb 2008

Private players are increasingly looking at the defence market which is a promising multi billion-dollar arena.

Future vs Amazon: FRL challenges Delhi HC verdict

Future vs Amazon: FRL challenges Delhi HC verdict

Rediff.com5 Jan 2022

Future Retail and its promoters have filed appeals before the division bench of the Delhi high court challenging the order passed on Tuesday that dismissed the Group's petitions for termination of the Amazon arbitration. The Delhi high court on Tuesday dismissed the pleas moved by Future Group companies seeking a direction to the arbitration tribunal, adjudicating Amazon's objections against Future Group's deal with Reliance, to take a decision on their application for terminating the arbitration proceedings before moving any further.

2024 to be a Modi vs Kejriwal battle: Sisodia after raids

2024 to be a Modi vs Kejriwal battle: Sisodia after raids

Rediff.com20 Aug 2022

Addressing a press conference a day after the CBI raid against him, Sisodia expressed apprehension that the agency or the Enforcement Directorate (ED) may arrest him in the next 3-4 days, while Chief Minister Kejriwal, who has been aggressively taking on the Bharatiya Janata Party in Modi's home state, announced on Twitter that he will be touring Gujarat with Sisodia from Monday.

Fortis wants Sebi to take legal action against Singh brothers

Fortis wants Sebi to take legal action against Singh brothers

Rediff.com25 Feb 2019

The previous board of Fortis Healthcare had links with Singh brothers and there was an investigation by law firm Luthra and Luthra into Rs 472 crore that was diverted into other companies.

Pvt players eye health risk biz

Pvt players eye health risk biz

Rediff.com14 Jan 2008

Pvt life insurers are planning to foray into health covers, with standalone health insurance policies.

Reliance, Ola, Hyundai get PLI sop for manufacturingbattery

Reliance, Ola, Hyundai get PLI sop for manufacturingbattery

Rediff.com24 Mar 2022

Four companies - Rajesh Exports, Hyundai Global Motors Company, Ola Electric Mobility and Reliance New Energy - are eligible for receiving benefits under the production-linked incentive (PLI) scheme for advanced chemistry cell battery storage, the heavy industries ministry said on Thursday. The allotment was made for a total of 50 GWh of battery capacity to the four successful bidders. These firms, the ministry said, will receive incentives under India's Rs 18,100 crore programme to boost local battery cell production.

No bail to Kundra; SEBI imposes Rs 3 lakh fine on him, Shilpa

No bail to Kundra; SEBI imposes Rs 3 lakh fine on him, Shilpa

Rediff.com28 Jul 2021

A Mumbai court on Wednesday rejected the bail plea of businessman Raj Kundra, arrested in a case of alleged creation of pornographic films and publishing them through apps, after the prosecution contended the police investigation was still on and his release at this juncture will derail the probe.

'How much more Indian can my film get?'

'How much more Indian can my film get?'

Rediff.com13 Oct 2022

'These accusations of my film being a copy only makes our chances at the Academy harder.'

Bird group's executive director Ankur Bhatia dies at 48

Bird group's executive director Ankur Bhatia dies at 48

Rediff.com4 Jun 2021

Bird Group's executive director Ankur Bhatia died on Friday at the age of 48 following a massive cardiac arrest.

ED quizzes Sonia 2nd time in 6 days, calls her tomorrow; Rahul, MPs detained

ED quizzes Sonia 2nd time in 6 days, calls her tomorrow; Rahul, MPs detained

Rediff.com26 Jul 2022

She left the agency's office in central Delhi just before 7 pm on Tuesday after recording her statement.