News for 'Promoter Group'

ED raids Anil Ambani-linked cos in loan fraud case, Yes Bank

ED raids Anil Ambani-linked cos in loan fraud case, Yes Bank

Rediff.com24 Jul 2025

The Enforcement Directorate on Thursday conducted simultaneous raids as part of a money laundering investigation linked to an alleged bank loan fraud of Rs 3,000 crore against Anil Ambani group companies and Yes Bank, official sources said.

Sitharaman urges India Inc to invest more and expand capacities

Sitharaman urges India Inc to invest more and expand capacities

Rediff.com18 Sep 2025

Finance Minister Nirmala Sitharaman on Thursday asked India Inc to take advantage of the policies and reforms undertaken by the government and no longer hesitate to invest more and expand capacities. Sitharaman also asked the industry to partner with the government for skilling the youth and also to engage with the government throughout the year, and not just before the Budget.

'We Decided To Give Our Employees What Matters Most -- Their Own Time To Celebrate Life'

'We Decided To Give Our Employees What Matters Most -- Their Own Time To Celebrate Life'

Rediff.com14 Oct 2025

'For us, it's not always about chasing revenue. It's about sustaining happiness and energy, because that's what drives long-term growth.'

'Block Live Telecast Of India-Pak Match In Asia Cup'

'Block Live Telecast Of India-Pak Match In Asia Cup'

Rediff.com23 Aug 2025

Shiv Sena (UBT) MP Priyanka Chaturvedi on Friday demanded blocking of live telecast of India-Pakistan match during the Asia Cup next month, citing national interest and public sentiment.

Scindia vows focus on MP cricket, not BCCI ambitions

Scindia vows focus on MP cricket, not BCCI ambitions

Rediff.com4 Sep 2025

Scindia's immediate task will be overseeing preparations for the ICC Women's World Cup beginning on September 30. Indore is one of the host cities.

Sebi attaches bank, demat, MF accounts of Mehul Choksi to recover Rs 2.1 cr dues

Sebi attaches bank, demat, MF accounts of Mehul Choksi to recover Rs 2.1 cr dues

Rediff.com6 Jun 2025

Markets regulator Sebi has ordered the attachment of bank accounts and shares and mutual fund holdings of absconding diamantaire Mehul Choksi to recover dues totalling Rs 2.1 crore in a case of violation of insider trading rules in the shares of Gitanjali Gems.

From modest start to mass movement, RSS turns 100

From modest start to mass movement, RSS turns 100

Rediff.com1 Oct 2025

From a modest start with baithaks of a handful of swayamsevaks in a small town in Nagpur, the RSS, which completes 100 years of its foundation on Thursday, has come a long way to become the world's biggest voluntary organisation with a pan-India presence, shaping the country's political and social discourse.

Gujarat ATS busts Al-Qaeda terror module, 4 held in raids

Gujarat ATS busts Al-Qaeda terror module, 4 held in raids

Rediff.com23 Jul 2025

The Gujarat Anti-Terrorist Squad (ATS) has busted a terror module and arrested four individuals for allegedly promoting the ideology of Al-Qaeda in the Indian Subcontinent (AQIS). The arrests were made in a multi-state operation, with the accused involved in sharing radical content on social media to incite violence and establish 'sharia' law in India.

WCL 2025: India boycott semifinal against Pakistan!

WCL 2025: India boycott semifinal against Pakistan!

Rediff.com30 Jul 2025

India have refused to play against arch-rivals Pakistan in the semifinals of the World Championship of Legends in Birmingham on Thursday, citing the nation's stand against any bilateral sporting ties with the neighbouring country after the gruesome Pahalagam terror attack.

Will Mumbai's Redevelopment Boom Last?

Will Mumbai's Redevelopment Boom Last?

Rediff.com16 Sep 2025

'Developers have started offering 70% to 100% extra area and beyond.' 'If the market cycle shifts -- as many are already predicting with signs of price saturation and reduction -- most recent redevelopment projects will unravel.'

HC quashes conviction of Mukhtar Ansari's son in hate speech case

HC quashes conviction of Mukhtar Ansari's son in hate speech case

Rediff.com20 Aug 2025

The Allahabad High Court has quashed the conviction of Abbas Ansari, son of Mukhtar Ansari, in a 2022 hate speech case, potentially restoring his assembly membership.

How Onam Is Making Kerala's Women Prosperous

How Onam Is Making Kerala's Women Prosperous

Rediff.com4 Sep 2025

Kudumbashree's new initiatives like onasadya, Onam kits and gift hampers are a huge hit.

Anil Ambani appears before ED in bank loan 'fraud' case

Anil Ambani appears before ED in bank loan 'fraud' case

Rediff.com5 Aug 2025

Reliance Group Chairman Anil Ambani on Tuesday appeared before the Enforcement Directorate here for questioning in a money laundering case linked to alleged multiple bank loan fraud cases worth crores of rupees against his group companies, official sources said.

CCTV exposes custodial torture of restaurant workers in Kerala

CCTV exposes custodial torture of restaurant workers in Kerala

Rediff.com7 Sep 2025

A businessman in Kerala has released CCTV footage allegedly showing police officers assaulting restaurant employees in custody. The businessman claims the incident occurred in May 2023 and that his attempts to seek justice have been met with resistance.

Sebi tightens norms for SME IPOs

Sebi tightens norms for SME IPOs

Rediff.com10 Mar 2025

Markets regulator Sebi has notified a stricter regulatory framework for small and medium enterprise (SME) IPOs by introducing a profitability requirement and capping a 20 per cent limit on offer-for-sale (OFS). The reforms aim to provide SMEs with a sound track record an opportunity to raise funds from the public while protecting investor interests. This move follows a rise in SME issues, which has driven significant investor participation.

Casual Gaming To Gain From RMG Ban

Casual Gaming To Gain From RMG Ban

Rediff.com22 Aug 2025

'There is responsibility to make great games that are played by audiences, that fill the gap from an entertainment perspective.'

Around 60% of India's uber-rich's wealth parked in realty and gold: Bernstein

Around 60% of India's uber-rich's wealth parked in realty and gold: Bernstein

Rediff.com4 Aug 2025

Around 60 per cent of India's Uber rich wealth is still parked in real estate and gold, according to a report by Bernstein. Uber rich individuals includes Ultra High Net Worth Individuals (UHNI), High Net Worth Individuals (HNI), and the Affluent class.

ED summons Anil Ambani on Aug 5, issues look out circular

ED summons Anil Ambani on Aug 5, issues look out circular

Rediff.com2 Aug 2025

The Enforcement Directorate has summoned Reliance Group Chairman Anil Ambani for questioning in a money laundering case linked to alleged bank loan fraud.

SC flags discrimination against disabled in jobs, seeks Centre's reply

SC flags discrimination against disabled in jobs, seeks Centre's reply

Rediff.com12 Sep 2025

The Supreme Court has raised concerns about discrimination against persons with disabilities in employment, questioning the Centre on the lack of 'upward movement' for meritorious candidates. The court also ordered nationwide monitoring of care institutions for persons with cognitive disabilities.

China expresses 'surprise' over India's Taiwan clarification

China expresses 'surprise' over India's Taiwan clarification

Rediff.com21 Aug 2025

China has expressed surprise over India's clarification regarding its stance on Taiwan, following reported comments by External Affairs Minister S Jaishankar. Beijing claims India's position is inconsistent with facts and undermines China's sovereignty.

Modi, Xi likely to meet twice on Sunday at SCO summit

Modi, Xi likely to meet twice on Sunday at SCO summit

Rediff.com29 Aug 2025

Prime Minister Narendra Modi and Chinese President Xi Jinping are expected to hold bilateral meetings on the sidelines of the SCO summit in Tianjin, as both nations look to strengthen ties amid global trade tensions.

Patients to benefit from GST cut, but pharma firms may face margin pressure

Patients to benefit from GST cut, but pharma firms may face margin pressure

Rediff.com12 Sep 2025

The rationalisation of goods and services tax (GST), announced on Wednesday, directly lowers the cost of everyday medical consumables, and also high-end therapies in oncology and rare diseases, helping reduce out-of-pocket patient expenditure and better adherence to medication.

Modi Courts Japan Inc With Make In India

Modi Courts Japan Inc With Make In India

Rediff.com28 Aug 2025

Japan is expected to increase its investment target in India from the earlier 5 trillion yen ($34 billion) to almost 10 trillion yen.

India's Tea Giant Just Got British Roots

India's Tea Giant Just Got British Roots

Rediff.com21 Jul 2025

For Luxmi, the Brew Tea deal ticks key boxes in its strategy, mainly, focusing on quality and branding.

Do fresh steps signal a stable future for India-China ties?

Do fresh steps signal a stable future for India-China ties?

Rediff.com20 Aug 2025

India and China have announced a series of measures aimed at improving their relationship, including maintaining peace along the border, reopening border trade, and resuming direct flights.

Pak bans legends from WCL after India refuses to play

Pak bans legends from WCL after India refuses to play

Rediff.com3 Aug 2025

The Pakistan Cricket Board (PCB) on Sunday announced a blanket ban on its players' participation in future editions of the World Championship of Legends (WCL), accusing the tournament organisers of being "biased" and lacking sporting integrity.

J-K police raid bookshops after ban on 25 titles for glorifying terrorism

J-K police raid bookshops after ban on 25 titles for glorifying terrorism

Rediff.com8 Aug 2025

Police conduct raids at bookshops in Kashmir to seize banned books promoting false narratives and glorifying terrorism, following a government order. The ban and subsequent raids have drawn criticism from authors and political leaders.

Test Cricket Set For Major Revamp!

Test Cricket Set For Major Revamp!

Rediff.com21 Jul 2025

India, Australia and England are likely to be joined by South Africa, New Zealand and Sri Lanka in the top division, while Pakistan, the West Indies, Zimbabwe, Bangladesh, Afghanistan and Ireland will be placed in the second division.

'Nation first': Sponsor quits India-Pak WCL clash

'Nation first': Sponsor quits India-Pak WCL clash

Rediff.com30 Jul 2025

The two sides are set to face each other in the semi-finals of the ongoing World Championship of Legends (WCL), but deepening diplomatic strains and strong public sentiment in India have cast serious doubt on whether the match will actually take place.

Promoters Sold Rs 87,000 Crore Of Shares

Promoters Sold Rs 87,000 Crore Of Shares

Rediff.com2 Jul 2024

Prominent exits by promoters included a Rs 15,300 crore share sale in Indus Tower by Vodafone Plc, a Rs 9,300 crore share sale by the Tata group in Tata Consultancy Services.

'Face of Operation Sindoor now used as entertainment'

'Face of Operation Sindoor now used as entertainment'

Rediff.com13 Aug 2025

Shiv Sena (UBT) leader Priyanka Chaturvedi on Wednesday alluded to private companies promoting patriotism on one side while profiting off the India-Pakistan cricket matches, as the Army's Colonel Sofiya Qureshi and Air Force's Wing Commander Vyomika Singh are set to appear on an episode of Kaun Banega Crorepati (KBC).

Khelo Bharat Niti aims at reshaping sporting landscape

Khelo Bharat Niti aims at reshaping sporting landscape

Rediff.com1 Jul 2025

Cabinet approves Khelo Bharat Niti, says it will bring India into top-5 of world sports

Why Trust In Ambani, Adani, India Inc Is Vital

Why Trust In Ambani, Adani, India Inc Is Vital

Rediff.com12 Sep 2025

Who else will take on the might of Microsoft, Google, and Amazon if not the Adanis, Ambanis, Birlas, or Tatas?, asks R Jagannathan.

Kerala becomes India's first fully digitally literate state: CM Vijayan

Kerala becomes India's first fully digitally literate state: CM Vijayan

Rediff.com22 Aug 2025

Kerala has become the first state in India to achieve complete digital literacy, according to Chief Minister Pinarayi Vijayan. Over 2.5 lakh volunteers contributed to this milestone, which included people of all age groups. The state plans to launch the second phase of the project soon, making all personal documents available in DigiLockers.

China opposes US tariffs on India amid thaw in Sino-India ties

China opposes US tariffs on India amid thaw in Sino-India ties

Rediff.com22 Aug 2025

Chinese envoy Xu Feihong stated that China opposes the US imposing tariffs on India, amidst a thaw in Sino-India relations and concerns over global trade disruptions.

ED seizes Rs 1.70 cr cash, documents in raids against Jaypee Infra, others

ED seizes Rs 1.70 cr cash, documents in raids against Jaypee Infra, others

Rediff.com26 May 2025

The Enforcement Directorate has said it seized cash of Rs 1.70 crore and documents related to immovable assets during searches conducted against Jaypee Infratech Ltd (JIL), Jaiprakash Associates Ltd (JAL) and other entities in an alleged homebuyers' fraud case linked money laundering investigation. The raids were carried out at 15 premises in Delhi, Noida, Ghaziabad and Mumbai on May 23 under the Prevention of Money Laundering Act (PMLA).

BCCI revamps Ranji Trophy format

BCCI revamps Ranji Trophy format

Rediff.com14 Jun 2025

A tweaked format which will see the promotion and relegation of one team from the plate group instead of the current two sides from next season's Ranji Trophy.

Vijay Or EPS: Who Will Fill Anti-DMK Space?

Vijay Or EPS: Who Will Fill Anti-DMK Space?

Rediff.com23 Sep 2025

The two weeks that EPS took fending off the Sengottaiyan rebellion has since become lost time for the AIADMK as that was also the time Vijay took to go all-out against Stalin and the DMK, observes N Sathiya Moorthy.

Why Stock Tips Won't Build Wealth For You

Why Stock Tips Won't Build Wealth For You

Rediff.com3 Sep 2025

Real wealth isn't built on random bets; it's built on disciplined, guided portfolio strategies that can withstand market ups and downs, says Ramalingam Kalirajan.

Small is big for PEs, companies as M&As rise to $45.4 billion in H1

Small is big for PEs, companies as M&As rise to $45.4 billion in H1

Rediff.com11 Jul 2025

India's mergers & acquisitions (M&As) market recorded deals worth $45.44 billion in the first half of 2025, up nearly 3.3 per cent from a year ago, even as ultra large-ticket transactions remained subdued. During the first half, the 7.1 per cent rise in deal count to 1,614 signals continuing appetite among domestic conglomerates and private equity (PE) funds for mid-sized and smaller assets.