News for 'Prakash Industries Ltd'

Ajit Pawar's mid-air scare tale with Fadnavis resurfaces after death

Ajit Pawar's mid-air scare tale with Fadnavis resurfaces after death

Rediff.com28 Jan 2026

A video of Maharashtra Deputy Chief Minister Ajit Pawar recounting a tense helicopter ride with Devendra Fadnavis in July 2024 has resurfaced after Pawar's death in a plane crash. Pawar humorously described his fear during the flight due to bad weather, while Fadnavis remained calm.

Haldiram Director Duped Of Rs 9.38 Cr

Haldiram Director Duped Of Rs 9.38 Cr

Rediff.com12 Jul 2025

A director of Haldiram Foods International Ltd was allegedly duped of 9.38 crore by Mumbai-based individuals promising high investment returns.

Why govt is demanding $2.81 bn from RIL, BP

Why govt is demanding $2.81 bn from RIL, BP

Rediff.com4 Mar 2025

The government has slapped a $2.81 billion (about Rs 24,500 crore) demand notice on Reliance Industries and its partners, including BP Plc for gains made from producing and selling natural gas that may have migrated from neighbouring block of state-owned ONGC. This follows the Delhi high court's decision on February 14, overturning an international arbitration tribunal ruling that held the duo not responsible for paying any compensation for the gas they produced and sold which had allegedly migrated from adjoining fields.

Gautam Adani drew Rs 9.26 cr salary in FY24 - lower than his executives, industry peers

Gautam Adani drew Rs 9.26 cr salary in FY24 - lower than his executives, industry peers

Rediff.com23 Jun 2024

India's second richest person Gautam Adani received a total remuneration of Rs 9.26 crore in the fiscal year ended March 31, 2024, lower than most industry peers as well as his own key executives.

Infosys to invest up to Rs 17 cr in space tech startup GalaxEye

Infosys to invest up to Rs 17 cr in space tech startup GalaxEye

Rediff.com19 Sep 2024

IT firm Infosys on Thursday said it will invest up to Rs 17 crore in space tech startup GalaxEye Space Solutions as part of Infosys Innovation Fund. The investment will be made in equity and series A compulsory convertible preference shares allotment, a regulatory filing said.

Syndicate Bank bribery case: Court dismisses bail pleas of two

Syndicate Bank bribery case: Court dismisses bail pleas of two

Rediff.com21 Aug 2014

Lawyer of both the accused, asserted that CBI's case against both his clients was merely on the basis of recorded conversations allegedly intercepted by the agency.

Why Ratan Tata Really Fell Out With Cyrus Mistry

Why Ratan Tata Really Fell Out With Cyrus Mistry

Rediff.com26 Oct 2024

Ratan Tata: A Life, the much awaited biography, reveals that after a year of 'parallel running', Tata began having second thoughts about Cyrus Mistry's 'suitability'. 'Mistry targeted Ratan, the man who had elevated him from virtual oblivion into the mainstream of the Tatas...'

Syndicate Bank scam: Is the 'middleman' evading arrest?

Syndicate Bank scam: Is the 'middleman' evading arrest?

Rediff.com22 Aug 2014

Special CBI Judge Swarana Kanta Sharma observed that the accused was 'concealing himself' and despite issuance of non bailable warrants against him twice, he could not be arrested by the probe agency.

Airfares to rise as IndiGo brings back fuel charge

Airfares to rise as IndiGo brings back fuel charge

Rediff.com6 Oct 2023

Airfares in the country are set to rise, with IndiGo on Thursday introducing a fuel charge of up to Rs 1,000 based on a flight's distance, in response to the significant rise in aviation turbine fuel (ATF) prices in the last three months. The Indian aviation sector experiences its peak travel season between October and December. The inclusion of a fuel charge component in airfares is anticipated to have a sizable impact on IndiGo's passengers, according to experts.

Former Barclays banker Ashok Vaswani to head Kotak Mahindra Bank

Former Barclays banker Ashok Vaswani to head Kotak Mahindra Bank

Rediff.com23 Oct 2023

Ashok Vaswani, a banker with more than three-and-half decades experience in building and scaling up businesses across consumer and corporate banking and payments, will be the next managing director (MD) and chief executive officer (CEO) of Kotak Mahindra Bank. Last week, the Reserve Bank of India (RBI) had given its approval to Vaswani's appointment. Vaswani is currently President of Pagaya Technologies, a US-Israeli artificial intelligence (AI) fintech firm, which he joined in June 2022.

In a first, Adani to deploy hydrogen-powered trucks

In a first, Adani to deploy hydrogen-powered trucks

Rediff.com17 Jan 2023

Asia's richest man Gautam Adani's group on Tuesday said it will deploy hydrogen fuel cell operated trucks for mining logistics and transportation as part of its decarbonisation plan. "Adani Enterprises Ltd (AEL), part of the diversified Adani portfolio of companies, signed an agreement to launch a pilot project to develop a hydrogen fuel cell electric truck (FCET) for mining logistics and transportation with Ashok Leyland, India, and Ballard Power, Canada," it said in a statement. This collaboration marks Asia's first planned hydrogen powered mining truck.

What Rise In Interest Rates Means For Banks

What Rise In Interest Rates Means For Banks

Rediff.com9 Jun 2022

With the rise in interest rates, bond yields have been on the rise; this will dent banks' treasury profits. Also, many retail borrowers may find it difficult to service their loans when the loan rates rise, points out Tamal Bandyopadhyay.

Finolex Q3 net slips to Rs 12.86 crore

Finolex Q3 net slips to Rs 12.86 crore

Rediff.com25 Jan 2003

Finolex Industries Ltd has posted a net profit of Rs 12.863 crore (Rs 128.63 million) for the quarter ended December 31, 2002 as compared to Rs 22.683 crore ( Rs 226.83 million) in the quarter ended Jan 31, 2002.

ED attaches assets of family, firms linked to Delhi minister Satyendar Jain

ED attaches assets of family, firms linked to Delhi minister Satyendar Jain

Rediff.com5 Apr 2022

Jain, 57, is the minister for health, power, home, PWD, industries, urban development, flood, irrigation and water in the Arvind Kejriwal-led government.

Green signal for 5G trials but Chinese vendors kept out

Green signal for 5G trials but Chinese vendors kept out

Rediff.com5 May 2021

The Department of Telecom on Tuesday approved applications of telecom companies -- Reliance Jio, Bharti Airtel, Vodafone Idea and MTNL -- for conducting 5G trials but none of them will be using technologies of Chinese entities. The list of telecom gear makers approved for trials include Ericsson, Nokia, Samsung, C-DOT and Reliance Jio's indigenously developed technologies.

Centre's divestment plan: A stress test for zombie steel plants

Centre's divestment plan: A stress test for zombie steel plants

Rediff.com30 Apr 2021

With the government looking to divest loss-making steel assets, significant interest from secondary players is most likely this time apart from the anticipated list of large integrated primary steel producers, said industry experts. Rashtriya Ispat Nigam Limited (RINL), Neelachal Ispat Nigam Ltd (NINL), NMDC Integrated Steel Plant (NISP)-Nagarnar, Ferro Scrap Nigam Ltd and three units of Steel Authority of India (SAIL) - Alloy Steels Plant, Durgapur; Visvesvaraya Iron and Steel Plant, Bhadravati; and Salem Steel Plant, Salem - constitute the divestment list. All the three units of SAIL have been loss-making for more than five years.

Ask Ajit: 'Want to invest Rs 2 lakhs, please advise'

Ask Ajit: 'Want to invest Rs 2 lakhs, please advise'

Rediff.com22 Nov 2021

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Just started investing in stocks? Here's some advice

Just started investing in stocks? Here's some advice

Rediff.com3 Dec 2020

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Hinduja family feud: $11 billion empire at stake

Hinduja family feud: $11 billion empire at stake

Rediff.com25 Jun 2020

Four Hinduja brothers -- Srichand, Gopichand, Prakash and Ashok -- had in 2014 signed on a document saying the assets held by one brother belong to all, and that each of them will appoint the others as their executors. But now family patriarch Srichand Hinduja, 84, and his daughter Vinoo want the letter to be declared of "no legal effect" and the family's assets be separated as per his wish of 2016.

Government names companies selected for coal blocks

Government names companies selected for coal blocks

Rediff.com17 Jan 2014

SC judges suspected a lack of objective criteria in the selection.

'Dear Ajit: Need your advice on mid- and small-caps'

'Dear Ajit: Need your advice on mid- and small-caps'

Rediff.com30 Jul 2021

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Govt headhunter fails to find a suitable candidate to head ONGC

Govt headhunter fails to find a suitable candidate to head ONGC

Rediff.com4 Jun 2021

Government headhunter PESB on Friday did not find anyone suitable from nine candidates, including two serving IAS officers, to head India's largest oil and gas producer, ONGC. The Public Enterprise Selection Board (PESB) interviewed 9 out of the 10 candidates who had applied for the post of chairman and managing director of Oil and Natural Gas Corporation (ONGC). "Keeping in view the strategic importance and vision for the company and its future, the Board did not recommend any candidate and decided to constitute a Search Committee," PESB said in a notice after interviews. Those interviewed included senior bureaucrats Avinash Joshi and Niraj Verma.

Inside the abandoned meat markets in UP

Inside the abandoned meat markets in UP

Rediff.com29 Mar 2017

Gloom and pall have descended on mutton and other meat vendors as the strike in UP has forced people to turn vegetarian.

Tatas are committed to make Air India a world-class airline: Chandra

Tatas are committed to make Air India a world-class airline: Chandra

Rediff.com27 Jan 2022

"The strategic divestment transaction of Air India successfully concluded today with transfer of 100 per cent shares of Air India to M/s Talace Pvt Ltd along with management control," DIPAM secretary Tuhin Kanta Pandey said in a tweet. A new board, led by the strategic partner, takes charge of Air India, he added.

Torrid summer, acute coal shortage trigger blackouts in many states

Torrid summer, acute coal shortage trigger blackouts in many states

Rediff.com28 Apr 2022

From Jammu and Kashmir to Andhra Pradesh, consumers are facing power cuts ranging from 2 hours to 8 hours.

90% chipmakers have design footprint in India: Intel

90% chipmakers have design footprint in India: Intel

Rediff.com16 Nov 2021

As many as 2,000 chips are annually designed in India by semi-conductor and fabless companies, Intel India managing director Prakash Mallya said in a conversation with Business Standard. Mallya was reiterating the importance of India in the semi-conductor sweepstakes. "As much as 90 per cent of the semi-conductor companies have a design footprint in India.

ASK AJIT: Are these stocks good to hold for one year?

ASK AJIT: Are these stocks good to hold for one year?

Rediff.com1 Sep 2021

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Cyrus Mistry: The Wise Young Owl

Cyrus Mistry: The Wise Young Owl

Rediff.com9 Sep 2022

'Cyrus was always very different. He would think before acting.'

Court issues warrant against Bhushan Steel MD

Court issues warrant against Bhushan Steel MD

Rediff.com7 Aug 2014

The judge had on Wednesday dismissed the anticipatory bail plea of Singal.

He Married South Cinema With Bollywood

He Married South Cinema With Bollywood

Rediff.com31 May 2022

'In 1983, my father T Rama Rao made Andha Kanoon with Rajinikanth.' 'Amitabh Bachchan was reluctant to come on board as a guest star, as Rajinikanth was a southern star.' 'But when my father pitched it to him, he came on board.' 'The movie ran for 200 days.'

Scrapping vehicles in volumes to curb pollution will be a tough task

Scrapping vehicles in volumes to curb pollution will be a tough task

Rediff.com6 May 2021

For deciding which vehicles are to be scrapped, the setting up of fitness centres and regulating them would be a humongous task.

Gujarat pharma hub hit by near-zero exports

Gujarat pharma hub hit by near-zero exports

Rediff.com15 Apr 2020

With the government asking the companies to operate with only 50 per cent staff strength, and exports dipping to almost zero, the truck and bus drivers idling at the petrol pump say they hardly have any work now. At a petrol pump on the deserted Bavla-Changodar highway near Ahmedabad in Gujarat, several trucks and buses are neatly parked in a row.

Want to buy the best stocks with moderate risk?

Want to buy the best stocks with moderate risk?

Rediff.com28 Feb 2020

Ajit Mishra, vice president, Research, Religare Broking, answers queries on how to invest in stocks.

Kakinada: Rice bowl set to be gas hub

Kakinada: Rice bowl set to be gas hub

Rediff.com23 Jan 2008

Kakinada is fast turning from a rice growing area to a buzzing town, thanks to Reliance's gas terminal.

Stocks you can hold for the short term

Stocks you can hold for the short term

Rediff.com26 Oct 2020

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Achal Kumar Joti appointed as next chief election commissioner

Achal Kumar Joti appointed as next chief election commissioner

Rediff.com4 Jul 2017

Achal Kumar Joti will take over as the head of the Election Commission on July 6.

Why RIL, Infosys, HUL are keen to play the real game

Why RIL, Infosys, HUL are keen to play the real game

Rediff.com28 Oct 2014

Begin with ITC. Larsen & Toubro, yes. ICICI and HDFC, yes again.

'Can't book profits in stock markets. Need help'

'Can't book profits in stock markets. Need help'

Rediff.com7 Dec 2020

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Stock advice: Readers' queries answered!

Stock advice: Readers' queries answered!

Rediff.com14 Aug 2019

Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis