News for 'Promoter Group'

Nehru prevented Sardar Patel from integrating Kashmir: Modi

Nehru prevented Sardar Patel from integrating Kashmir: Modi

Rediff.com31 Oct 2025

Prime Minister Narendra Modi on Friday launched a sharp attack on country's first premier Jawaharlal Nehru, claiming he prevented Sardar Vallabhbhai Patel from fully integrating Kashmir into the Indian Union.

Cops probing 'Kerala BJP chief's post' get nod to seek US help

Cops probing 'Kerala BJP chief's post' get nod to seek US help

Rediff.com19 Sep 2025

The Left government in Kerala has granted sanction to the state police to seek Mutual Legal Assistance (MLA) from the United States in the probe into a Facebook post allegedly made from the account of former Union Minister Rajeev Chandrasekhar, following the twin bomb blasts at a Jehovah's Witnesses convention in Kalamassery that killed eight people on 29 October 2023.

Team India Sponsorship: BCCI bars gaming, crypto firms

Team India Sponsorship: BCCI bars gaming, crypto firms

Rediff.com2 Sep 2025

The BCCI invited bids for the Indian cricket team's title sponsorship rights after fantasy sports giants Dream11's pullout.

How IoT is going to change India's audit ecosystem

How IoT is going to change India's audit ecosystem

Rediff.com12 Sep 2025

The International Organisation of Supreme Audit Institutions (INTOSAI) has adopted the 2026-28 Work Plan, which prioritises cybersecurity audits and remote audits using Internet of Things technologies, CAG said in a release on Friday. The work plan was adopted at the 34th Annual Meeting of INTOSAI Working Group on IT Audit (WGITA), which was held along with the 17th Steering Committee Meeting of the INTOSAI Knowledge Sharing Committee (KSC) in Hyderabad.

Want To Invest In IPOs? Read This

Want To Invest In IPOs? Read This

Rediff.com9 Sep 2025

Investors may wait for six months and then take another look at the stock.

Afghanistan suffer blow as pacer ruled out of Asia Cup

Afghanistan suffer blow as pacer ruled out of Asia Cup

Rediff.com15 Sep 2025

Afghanistan started off their Asia Cup campaign with a massive win by 94 runs over Hong Kong in their Group B clash at Abu Dhabi on Tuesday, September 9.

Cases filed against 'Marwari go back' protesters in Hyderabad

Cases filed against 'Marwari go back' protesters in Hyderabad

Rediff.com23 Aug 2025

The protests, with the slogan of 'Marwari go back', were triggered following some Marwari people allegedly beating up an individual at Secunderabad here recently, police sources said on Saturday.

Swraj Paul, an entrepreneur with a heart in the right place

Swraj Paul, an entrepreneur with a heart in the right place

Rediff.com22 Aug 2025

From the bylanes of Jalandhar to a regular name in the annual 'Sunday Times Rich List', Lord Swraj Paul, who died on Thursday evening in London aged 94, was one of the most well known NRI entrepreneurs and philanthropists.

Lenskart eyeing mega expansion as it readies for IPO

Lenskart eyeing mega expansion as it readies for IPO

Rediff.com15 Oct 2025

Eyewear retailer Lenskart plans to add 450 stores in the current financial year, its fastest expansion in three years, as the company prepares for a public listing that could value it at up to $10 billion. The addition would take Lenskart's store count to more than 3,150 across 14 countries, representing a 34 per cent rise from the 334 stores opened last year.

Adani hikes stake in two group companies

Adani hikes stake in two group companies

Rediff.com10 Sep 2023

Billionaire Gautam Adani-led promoter group has increased stake in two of the group's listed companies, as the ports-to-energy conglomerate continues to work on a claw back strategy after being hit by damaging reports. The promoter group has increased stake in flagship Adani Enterprises to 71.93 per cent from 69.87 per cent, according to stock exchange filings. This is the second time in less than a month that the promoters have raised stake in the flagship firm that incubates new businesses.

DIIs' dominance on the bourses gets stronger

DIIs' dominance on the bourses gets stronger

Rediff.com11 Aug 2025

After overtaking foreign portfolio investors (FPIs) in market ownership, domestic institutional investors (DIIs) have further solidified their dominance. DII ownership reached a new all-time high of 17.82 per cent as of June 2025, up from 17.62 per cent at the end of March 2025, according to an analysis by Prime Database.

JSW Paints to buy Akzo Nobel India in Rs 8,986-crore deal

JSW Paints to buy Akzo Nobel India in Rs 8,986-crore deal

Rediff.com27 Jun 2025

JSW Paints, part of $23 billion JSW Group, on Friday said it will acquire majority controlling stake in Akzo Nobel India Ltd (ANIL), the maker of Dulux paints, for Rs 8,986 crore. It will acquire 74.76 per cent stake from its Dutch promoters/holding entities -- namely Imperial Chemical Industries and Akzo Nobel Coatings International BV -- for a consideration of Rs 8,986 crore, according to a statement from the JSW Group firm.

India not pushing for an alternative to US dollar

India not pushing for an alternative to US dollar

Rediff.com10 Sep 2025

Chief Economic Adviser V Anantha Nageswaran on Wednesday said that the country is not pursuing any proposal to replace the US dollar as international currency for global trade. "No, certainly not. I think India is not part of any such initiative," he said in response to a question if India is looking at an alternative currency to the US dollar for global trade.

How To Deal With Tax On ESOPs, HRA, LTCG

How To Deal With Tax On ESOPs, HRA, LTCG

Rediff.com21 Oct 2025

Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.

RPF constable shot 'bearded' man twice: Witness

RPF constable shot 'bearded' man twice: Witness

Rediff.com22 Sep 2025

A witness in the July 2023 train shooting incident, where an RPF constable allegedly killed four people, testified in a Mumbai court, describing the events.

'India needs capital support in aerospace and defence'

'India needs capital support in aerospace and defence'

Rediff.com21 Sep 2025

'If we want to pivot meaningfully from a services-driven economy to a technology and manufacturing-led one.'

WeWork India eyes 20% revenue growth, IPO on October 3

WeWork India eyes 20% revenue growth, IPO on October 3

Rediff.com30 Sep 2025

Co-working spaces provider WeWork India is aiming for a revenue growth of over 20 per cent for the coming years, even as its initial public offering (IPO) with only an offer for sale (OFS) component gets valued at Rs 3,000 crore at the top of the price band. The IPO opens on October 3, a newspaper advertisement said.

My Mentor, Nobel Laureate Susumu Kitagawa

My Mentor, Nobel Laureate Susumu Kitagawa

Rediff.com13 Oct 2025

'Professor Kitagawa is an exceptional researcher, a good teacher and above all a great person.'

Microcap Investing: Play Small, Think Long

Microcap Investing: Play Small, Think Long

Rediff.com6 Sep 2025

'Such stocks may be useful for aggressive portfolios, but should not be part of the core holdings.'

'This Reshuffle Is Classic Modi-Shah Showmanship'

'This Reshuffle Is Classic Modi-Shah Showmanship'

Rediff.com20 Oct 2025

'If the BJP seriously addresses employment, examination integrity and systemic corruption, they might salvage their position. Otherwise, they are heading toward serious trouble in 2027.'

Banks, NBFCs Light Up Season With Special Offers

Banks, NBFCs Light Up Season With Special Offers

Rediff.com24 Sep 2025

Banks and NBFCs are launching festival offers, including lower loan rates, cashback, EMI schemes and GST-linked benefits to tap rising demand ahead of Diwali

Is Your Child A Digital Addict?

Is Your Child A Digital Addict?

Rediff.com6 Oct 2025

'Parents only realise the trap in which their children fell after losing money. Some exploit children for sexual acts such as pornography and the narcotics trade.'

It's time to get started, put money in deals: M&A financing opens up

It's time to get started, put money in deals: M&A financing opens up

Rediff.com15 Sep 2025

Last fortnight, State Bank of India Chairman C S Setty lifted the veil on a subject long spoken of in corporate corridors: Why can't our banks finance mergers and acquisitions (M&As)? Change is in the air: Indian Banks' Association (of which Setty is the chairman) is to "make a formal request" to Mint Road to make way for it. Thus far the exclusive turf of foreign banks even though its funding remains offshore - as in, it's not on these entities rupee-book (and a few select shadow banks) - a most lucrative segment in the investment banking suite, M&As, will be homeward-bound.

'Act of war': Sharif raises Kashmir, Indus, Op Sindoor at UN

'Act of war': Sharif raises Kashmir, Indus, Op Sindoor at UN

Rediff.com27 Sep 2025

In his address, Sharif praised US President Donald Trump, saying his "efforts for peace helped avert a ... war in South Asia".

Abhinav Bindra Named IOC's Mental Health Ambassador

Abhinav Bindra Named IOC's Mental Health Ambassador

Rediff.com15 Aug 2025

Olympic gold medallist Abhinav Bindra has been a long-time advocate for athlete mental health.

Jhingan undergoes surgery for cheekbone fracture

Jhingan undergoes surgery for cheekbone fracture

Rediff.com5 Sep 2025

The AIFF said in a statement that Jhingan "is under expert medical care in Goa, and his recovery and rehabilitation are being closely monitored"

'We Must Aim For 100,000 Defence Startups'

'We Must Aim For 100,000 Defence Startups'

Rediff.com4 Oct 2025

'India has the capital to invest in defence production.' 'With clear timelines and commitments, private industry can deliver surge capacity effectively.'

BFSI Sector Set For Boom With Rs 58K Cr IPOs

BFSI Sector Set For Boom With Rs 58K Cr IPOs

Rediff.com25 Sep 2025

The sector's IPO pipeline is led by Tata Capital's Rs 17,000 crore issue, followed by ICICI Prudential Asset Management at Rs 10,200 crore and Billionbrains Garage Ventures at Rs 6,000 crore.

Swraj Paul Passes Into The Ages

Swraj Paul Passes Into The Ages

Rediff.com22 Aug 2025

Lord Paul, founder of the UK-based Caparo Group of industries, had been taken ill and hospitalised recently, where he passed away surrounded by members of his family.

Sebi eases minimum promoter contribution norms to boost IPO process

Sebi eases minimum promoter contribution norms to boost IPO process

Rediff.com22 May 2024

In a bid to ease compliance towards companies planning public offers (IPOs), the Securities and Exchange Board of India (Sebi) has notified norms that open more avenues to meet the minimum promoters' contribution (MPC). The market regulator has permitted promoter group entities and non-individual shareholders to contribute to the mandated promoters' contribution in the case of a shortfall without being identified as a promoter.

Indian Growth Fuels Far-Right Rallies In Australia

Indian Growth Fuels Far-Right Rallies In Australia

Rediff.com1 Sep 2025

One flyer read: 'More Indians in 5 years, than Greeks and Italians in 100', adding, 'This isn't a slight cultural change, it's a replacement plain and simple'.

With eye on Beijing, India and Japan boost defence ties

With eye on Beijing, India and Japan boost defence ties

Rediff.com29 Aug 2025

India and Japan have unveiled a comprehensive framework to boost their defence cooperation in response to security challenges, particularly concerning China's increasing military presence in the East and South China Seas.

'I Never Said Shoot Rahul Gandhi, But...'

'I Never Said Shoot Rahul Gandhi, But...'

Rediff.com30 Sep 2025

'... Rahul Gandhi's name came to my mind at that time.'

Djokovic dives into football, invests in French club

Djokovic dives into football, invests in French club

Rediff.com2 Aug 2025

The investment is led by Brazilian group OutField, an international consortium co-founded by Pedro Olivera, and includes Georgios Frangulis, CEO of global health-food brand OakBerry.

Under-par Babar, Rizwan demoted, no players in elite list

Under-par Babar, Rizwan demoted, no players in elite list

Rediff.com19 Aug 2025

This year's roster sees ten players each placed in Categories B, C, and D. Notably, no player has been selected for Category A in this cycle, the PCB said in a statement.

Pak brought to its knees 'in the blink of an eye': Modi

Pak brought to its knees 'in the blink of an eye': Modi

Rediff.com17 Sep 2025

Prime Minister Narendra Modi addressed a gathering in Dhar, Madhya Pradesh, praising Indian soldiers and promoting the use of 'Swadeshi' goods. He also launched health and nutrition campaigns aimed at women and children.

US tariffs: Must stand up to bullying, says Maruti's Bhargava

US tariffs: Must stand up to bullying, says Maruti's Bhargava

Rediff.com28 Aug 2025

India needs to come together to deal with the 50 per cent punitive US tariffs on Indian products and stand up to any kind of bullying, Maruti Suzuki India chairman R C Bhargava said on Thursday. "It is our duty as Indians to do our very best to promote and maintain our dignity and respect and not give in to any kind of bullying in this matter... the nation has to stand united," Bhargava said at the company's 44th Annaul General Meeting in New Delhi.

Persistent CEO Sandeep Kalra Tops India Inc Salary Charts

Persistent CEO Sandeep Kalra Tops India Inc Salary Charts

Rediff.com2 Sep 2025

BSE 200 companies together paid 5,819.75 crore as remuneration to their CEOs and directors in FY25, up from 5,352.8 crore a year earlier.

10 Best Foods to Boost Your Metabolism

10 Best Foods to Boost Your Metabolism

Rediff.com30 Sep 2025

Dr Arush Sabharwal, bariatric and metabolic surgeon at SCOD (Surgical Centre for Obesity and Diabetes) Clinic, explains how choosing certain foods can help boost your metabolism.

Congress MLA from Kerala in dock over actress's charge

Congress MLA from Kerala in dock over actress's charge

Rediff.com21 Aug 2025

Congress MLA from Kerala, Rahul Mamkootathil, faces an internal inquiry after actress Rini Ann George accused him of misbehaviour. Senior Congress leader V D Satheesan has assured a fair investigation and strict action if found guilty. The BJP and DYFI have also accused Mamkootathil of harassment.