News for 'Promoter Group'

Adi-Nadir family's open offer for Astec

Adi-Nadir family's open offer for Astec

Rediff.com2 May 2024

The Adi/Nadir Godrej family, along with other family members/trusts, has made an open offer to the shareholders of Astec Lifesciences to acquire an additional 26 per cent stake from the public as part of the family settlement agreement (FSA), according to an announcement to the stock exchanges on Wednesday. The offer, made at the price of Rs 1,069.75 per share, was triggered by the Adi/Nadir family's plan to acquire a 20.84 per cent stake in Godrej Industries (GIL) from the Jamshyd Godrej/Smita Crishna Godrej family, according to the FSA announced on Tuesday.

Tighter norms, rising compliance failures driving scrutiny for startups

Tighter norms, rising compliance failures driving scrutiny for startups

Rediff.com24 Apr 2025

Anmol Singh Jaggi and Puneet Singh Jaggi, once hailed as rising stars in India's clean energy sector, are now facing serious regulatory action.

Govt mulls nuclear energy law revamp to allow private sector entry

Govt mulls nuclear energy law revamp to allow private sector entry

Rediff.com19 May 2025

Government sources said amendments were being considered to the Atomic Energy Act to allow private sector participation and the Civil Liability for Nuclear Damage Act to limit the liability on suppliers of equipment to build atomic energy plants.

Salute! India's First Ethnic Gorkha General

Salute! India's First Ethnic Gorkha General

Rediff.com7 Jul 2025

Lieutenant General Shakti Gurung deserves to be complimented in telling his life story and that of his people, as subaltern communities within this vast and diverse nation of ours clamour for recognition and a plea for their voices to be heard and their aspirations to be met, notes Lieutenant General Gautam Moorthy.

Heatwave grips North India as mercury nearing 50 deg C

Heatwave grips North India as mercury nearing 50 deg C

Rediff.com14 Jun 2025

The India meteorological department said heatwave conditions will persist for at least two more days.

HC tribunal upholds Centre's ban on 5 J-K separatist groups

HC tribunal upholds Centre's ban on 5 J-K separatist groups

Rediff.com11 Sep 2024

The tribunal was constituted on March 18 for the purpose of adjudicating whether or not there was sufficient cause for declaring the MCJK-Bhat an unlawful association.

Samsung management, workers reach agreement on wage hike

Samsung management, workers reach agreement on wage hike

Rediff.com19 May 2025

The discord between the Samsung workers affiliated to the Samsung India Thozhilalar Sangam and the company management over wage hike has been amicably resolved with the company agreeing to increase the wages, Tamil Nadu Labour Minister C V Ganesan informed on Monday. Noting that employee welfare remained a top priority for it, Samsung India said the company 'constructively engaged' with all its workers at the Chennai plant and was delighted to announce a mutual agreement to enhance wages and benefits for the next three years.

Kamal Haasan moves HC for 'Thug Life' release amid Kannada row

Kamal Haasan moves HC for 'Thug Life' release amid Kannada row

Rediff.com2 Jun 2025

The move comes in response to the Karnataka Film Chamber of Commerce's (KFCC) recent announcement that it would not permit the screening of the film in Karnataka unless Haasan issues a public apology for his comment suggesting that Kannada evolved from Tamil.

India skips UN resolution on Afghanistan, calls for fresh strategy

India skips UN resolution on Afghanistan, calls for fresh strategy

Rediff.com8 Jul 2025

India abstained from a UN General Assembly vote on a resolution regarding Afghanistan, citing the need for a balanced approach that combines incentives and disincentives, and calling for new initiatives to address the humanitarian crisis.

Col Sofiya slur: SC rejects MP min's apology, orders SIT

Col Sofiya slur: SC rejects MP min's apology, orders SIT

Rediff.com19 May 2025

"The entire nation was in shame due to the comments... We saw your videos , you were on the verge of using very filthy language but somehow better sense prevailed or you did not find suitable words. You should be shameful. Entire country is proud of our Army and you made this statement," Justice Surya Kant said.

Should You Invest In Corporate Bonds?

Should You Invest In Corporate Bonds?

Rediff.com10 Jul 2025

Only a limited set of investors should invest directly in corporate bonds.

Be responsible!: SC raps MP minister over Col Sofiya slur

Be responsible!: SC raps MP minister over Col Sofiya slur

Rediff.com15 May 2025

Every word uttered by a minister has to be with a sense of responsibility at a time the country is undergoing "such a situation", the Supreme Court said on Thursday as it reprimanded Madhya Pradesh's Vijay Shah who is facing an FIR for his remarks targeting Col Sofiya Qureshi.

Hate speech costs Mukhtar Ansari's son Abbas his UP assembly seat

Hate speech costs Mukhtar Ansari's son Abbas his UP assembly seat

Rediff.com1 Jun 2025

Abbas Ansari, the Suheldev Bharatiya Samaj Party MLA, was sentenced to two years imprisonment in a 2022 hate speech case by a special MP-MLA court on Saturday.

How India plans to tackle possible import surge from China, others

How India plans to tackle possible import surge from China, others

Rediff.com7 Apr 2025

The government has set up an inter-ministerial group to monitor a possible surge in imports from countries like China, Vietnam and Thailand, fearing a surge in inbound shipments following the imposition of high reciprocal tariffs by the US on these countries, sources said. The product categories that may see an upsurge in diversion of imports from the US to India include consumer goods, electronics, chemicals and steel.

Reliance to invest Rs 75,000 cr in North-Eastern states: Mukesh Ambani

Reliance to invest Rs 75,000 cr in North-Eastern states: Mukesh Ambani

Rediff.com23 May 2025

Oil-to-telecom conglomerate Reliance Industries Ltd will invest Rs 75,000 crore in North Eastern states in setting up 350 biogas plants, expanding its telecom services, retail footprint, and clean energy projects, chairman Mukesh Ambani said on Friday. Speaking at the Rising NorthEast Investors Summit here, Reliance Industries Ltd chairman and managing director said his group will invest in factories for high-quality FMCG products in the region and setting up a 150-bed cancer hospital in Manipur.

Trump to host Pakistan Army chief at White House today

Trump to host Pakistan Army chief at White House today

Rediff.com18 Jun 2025

United States President Donald Trump will host Pakistan Army chief Asim Munir for lunch at the White House on Wednesday.

'If NDA Manipulates Elections, They May Return To Power'

'If NDA Manipulates Elections, They May Return To Power'

Rediff.com3 Jul 2025

'They have no chance of winning if free and fair polls are conducted.'

Air India cancels 8 flights; bookings decline by up to 20%

Air India cancels 8 flights; bookings decline by up to 20%

Rediff.com20 Jun 2025

Air India has cancelled eight flights, including four international services, on Friday due to enhanced maintenance and operational reasons, the airline said.

Operation Sindoor post lands Ashoka University associate prof in jail

Operation Sindoor post lands Ashoka University associate prof in jail

Rediff.com18 May 2025

Ashoka Univeristy associate professor Ali Khan Mahmudabad has been arrested for his social media post on Operation Sindoor, police said in Sonipat on Sunday.

Why So Much Hatred For English?

Why So Much Hatred For English?

Rediff.com21 Jul 2025

There is no guarantee that if we speak in only Indian languages, all our faults will be washed away and India will shine. Why then do they bully and belittle the English-speaking? asks Shyam G Menon.

Omar Abdullah announces memorial for Pahalgam terror victims

Omar Abdullah announces memorial for Pahalgam terror victims

Rediff.com28 May 2025

Jammu and Kashmir Chief Minister Omar Abdullah announced plans to build a memorial in Baisaran, Pahalgam, in memory of the 26 victims of last month's terror attack. The memorial will serve as a lasting tribute to the victims and a reminder that they will never be forgotten. Abdullah also addressed the importance of reviving tourism in the state, assuring tour operators that tourist destinations will reopen in a phased manner.

Why US is skipping G20 summit in South Africa

Why US is skipping G20 summit in South Africa

Rediff.com6 Feb 2025

He further criticised South Africa's use of the G20 platform to promote "solidarity, equality, and sustainability" to promote "Diversity, Equity, and Inclusion (DEI) and climate change."

Pune trader gets threat from Pak after Turkish apple boycott call

Pune trader gets threat from Pak after Turkish apple boycott call

Rediff.com16 May 2025

Zende along with a group of traders met joint commissioner of Police Ranjan Kumar Sharma and apprised him about the calls.

The Man Who Said No To The Big Bang

The Man Who Said No To The Big Bang

Rediff.com7 Jun 2025

Jayant Narlikar wrote alternative what-if histories, explained difficult scientific theories with funny analogies, and leavened his lectures with jokes and humorous asides.

NDTV promoter firm RRPR Holding transfers 99.5% shares to Adani's VCPL

NDTV promoter firm RRPR Holding transfers 99.5% shares to Adani's VCPL

Rediff.com29 Nov 2022

News broadcaster New Delhi Television Ltd's (NDTV's) promoter firm RRPR Holding said on Monday that it had transferred shares constituting 99.5 per cent of its equity capital to Adani group-owned Vishvapradhan Commercial (VCPL). The transaction was done on Monday, RRPR Holding said in a disclosure to the stock exchanges, in consonance with a conversion notice, dated August 23, 2022, issued by VCPL. This follows the expiry of the two-year restraint imposed by the Securities & Exchange Board of India (Sebi) on November 26, it said.

Rakesh Gangwal, family trust sell 5.7% stake in IndiGo for Rs 11,385 crore

Rakesh Gangwal, family trust sell 5.7% stake in IndiGo for Rs 11,385 crore

Rediff.com27 May 2025

InterGlobe Aviation promoter Rakesh Gangwal and his family trust on Tuesday sold a 5.7 per cent stake in the airline for about Rs 11,385 crore ($1.33 billion) through a block deal, according to sources. Apart from Gangwal, the Chinkerpoo Family Trust, whose trustees are Shobha Gangwal and JP Morgan Trust Company of Delaware, has also participated in the transaction for divesting its stake in IndiGo, the country's largest airline, the sources said.

HUL MD's salary rises 3.7% to Rs 23 cr in FY25

HUL MD's salary rises 3.7% to Rs 23 cr in FY25

Rediff.com30 May 2025

HUL managing director Rohit Jawa's total remuneration in FY25 has witnessed an increase of 3.75 per cent to Rs 23.23 crore, according to the latest annual report of the FMCG major. Jawa's annual package included a salary of Rs 3.65 crore, allowances of Rs 11.45 crore, a bonus of Rs 3.78 crore and a perquisite long-term incentives of Rs 2.76 crore.

It Starts With A Casual Bet And Then...

It Starts With A Casual Bet And Then...

Rediff.com4 Jul 2025

In 2025 alone, at least 50 suicides linked to online gambling losses have been reported across India. According to FIRs, the victims were addicted to betting, largely driven by cricket, rummy and poker.

Markram Reigns At Lord's As South Africa Triumph At Last!

Markram Reigns At Lord's As South Africa Triumph At Last!

Rediff.com14 Jun 2025

Aiden Markram himself knows what he is capable of -- and how to express it on a cricket field. And South Africa will be the biggest beneficiary in the coming years.

Shirui festival security beefed up as Kuki student leader threatens Meiteis

Shirui festival security beefed up as Kuki student leader threatens Meiteis

Rediff.com17 May 2025

It said all necessary security arrangements would be made to ensure the security of people attending the Shirui festival.

Actor's wife, 2 others booked for reciting Pak poet's poem

Actor's wife, 2 others booked for reciting Pak poet's poem

Rediff.com21 May 2025

Police on Tuesday said they have started recording statements of people associated with the controversial Veera Sathidar memorial programme held on May 13 in Nagpur, where the poem was recited, while an official informed investigation into the case was at a sensitive stage.

Tharoor's presence will give sleepless nights to many: Modi

Tharoor's presence will give sleepless nights to many: Modi

Rediff.com2 May 2025

Prime Minister Narendra Modi officially commissioned the Vizhinjam International Seaport on Friday in Thiruvananthapuram in the presence of Chief Minister Pinarayi Vijayan and senior Congress leader Shashi Tharoor, whose presence at the inauguration, Modi said, will give 'sleepless nights' to many.

What You Don't Know About Ambani, Adani Wealth

What You Don't Know About Ambani, Adani Wealth

Rediff.com21 Jan 2025

Ambani and Adani account for a fifth of the net worth of all billionaire promoters in the country and half the combined net worth of the top 10.

US Prez Trump hosts rare lunch for Gen Munir weeks after India-Pak clash

US Prez Trump hosts rare lunch for Gen Munir weeks after India-Pak clash

Rediff.com19 Jun 2025

The closed-door luncheon meeting came amid escalating tensions between Israel and Iran with Trump exploring Washington's possible involvement.

Afghanistan joins CPEC amid strengthening India-Kabul ties

Afghanistan joins CPEC amid strengthening India-Kabul ties

Rediff.com21 May 2025

The announcement on expansion of CPEC was made following a meeting among Chinese Foreign Minister Wang Yi, his Pakistani counterpart Ishaq Dar and Afghanistan's Acting Foreign Minister Amir Khan Muttaqi in Beijing, according to a Pakistani readout.

The Kashmiri Militant Who Killed 300 Terrorists

The Kashmiri Militant Who Killed 300 Terrorists

Rediff.com8 Jul 2025

'A man with a gun commanded respect. I thought if I also got a gun, I could save my family. With this thought, I went to Pakistan and got training there'

Stalin Can Win 2026 Poll If...

Stalin Can Win 2026 Poll If...

Rediff.com18 Jul 2025

...the DMK chief minister's campaign -- which includes criticism of the BJP's 'pro-Hindutva, anti-Tamil, anti-federal' policies and building on his own government's social welfare programmes targeting especially women and youth -- appeals to Tamil Nadu's voters in next year's assembly election, explains N Sathiya Moorthy.

Sachin Tendulkar Foundation eyes sports icon from Naxalite area

Sachin Tendulkar Foundation eyes sports icon from Naxalite area

Rediff.com15 Jun 2025

The administration has introduced 'Maidan Cup' in collaboration with the Mann Deshi Foundation and Sachin Tendulkar Foundation, under which 50 playgrounds will be developed in Dantewada to boost sports culture and talent.

Securities market fraud: How to avoid being misled

Securities market fraud: How to avoid being misled

Rediff.com30 Apr 2025

The Securities and Exchange Board of India (Sebi), in a circular dated April 11, 2025, warned investors about rising fraud and manipulation linked to the securities market on social media platforms.

Ambassador Akbaruddin Shepherds African Outreach

Ambassador Akbaruddin Shepherds African Outreach

Rediff.com29 May 2025

Led by Nationalist Congress Party-Sharadchandra Pawar MP Supriya Sule, Group 7 will engage with key countries in Africa -- Egypt, South Africa, Ethiopia -- and Qatar to present India's position on Operation Sindoor, launched in response to the April 22 Pahalgam terror attack.