News for 'Pvt Ltd'

Delhi HC quashes RCB's plea against Uber ad

Delhi HC quashes RCB's plea against Uber ad

Rediff.com5 May 2025

Earlier, describing the video advertisement, RCB's counsel said the cricketer could be seen running towards Bengaluru cricket stadium with an aim to vandalise the signage of "Bengaluru Vs Hyderabad", takes a spray paint and writes "Royally Challenged" before Bengaluru making it "Royally Challenged Bengaluru" which disparages RCB's mark.

PayPal receives RBI nod to operate as cross-border payment aggregator

PayPal receives RBI nod to operate as cross-border payment aggregator

Rediff.com28 May 2025

PayPal Payments Pvt Ltd (PayPal), the Indian subsidiary of PayPal Holdings Inc, has received in-principle approval from the Reserve Bank of India (RBI) to operate as a Payment Aggregatorross Borderxports (PA-CB-E). This marks a key milestone in PayPal's operations in India and its continued support for Indian small businesses, enabling secure cross-border payments to approximately 200 markets, the company said in a statement.

How US-based Jane Street siphoned Rs 36,000 cr from Indian markets

How US-based Jane Street siphoned Rs 36,000 cr from Indian markets

Rediff.com4 Jul 2025

The strategy was straightforward - aggressively buy select Bank Nifty index stocks in the morning and sell them just as forcefully later in the day, triggering a sharp drop in share prices.

Maiki South Mining wins India's first lithium block in auction

Maiki South Mining wins India's first lithium block in auction

Rediff.com24 Jun 2024

Maiki South Mining Pvt Ltd has bagged the country's first lithium block in Chhattisgarh that was put up for sale, the government said on Monday. Meanwhile, the government cancelled the auction of 14 critical minerals that were on offer in the second round of auction. The Katghora lithium and rare earth elements (REE) block in Chhattisgarh was awarded to the company at an auction premium of 76.05 per cent.

R Ashwin 'theru': Chennai street to be named after spinner

R Ashwin 'theru': Chennai street to be named after spinner

Rediff.com21 Mar 2025

The GCC had sought and received government approval to pass a resolution for the renaming of the street.

Sebi bans US-based Jane Street from securities mkt; impounds illegal gains of Rs 4,843 cr

Sebi bans US-based Jane Street from securities mkt; impounds illegal gains of Rs 4,843 cr

Rediff.com4 Jul 2025

Markets regulator Sebi has barred US-based Jane Street Group from the securities markets and directed the group to disgorge unlawful gains of Rs 4,843 crore for allegedly manipulating stock indices through positions taken in derivatives segment. This could be the highest disgorgement amount ever directed by the Securities and Exchange Board of India (Sebi).

Jio Financial gets Sebi nod for mutual fund business

Jio Financial gets Sebi nod for mutual fund business

Rediff.com27 May 2025

Jio BlackRock Asset Management Pvt Ltd, a 50:50 joint venture between Jio Financial Services Ltd (JFSL) and US-based BlackRock, has received regulatory approval from the capital market regulator Sebi to commence operations as an investment manager for its mutual fund business. The Securities and Exchange Board of India (Sebi), vide letter dated May 26, 2025, has granted the certificate of registration to 'Jio BlackRock Mutual Fund' and approval to Jio BlackRock Asset Management Private Limited to act as the Asset Management Company for Jio BlackRock Mutual Fund, JFSL said in a regulatory filing.

ED arrests Haryana Congress MLA's son in home buyers' fund fraud case

ED arrests Haryana Congress MLA's son in home buyers' fund fraud case

Rediff.com30 Apr 2024

The ED had conducted searches against the legislator, Sai Aaina Farms Pvt Ltd (now Mahira Infratech Pvt Ltd), other companies of the Mahira Group and some others in July last year.

Qwik Supply with RIL links donated Rs 385 cr to BJP, Rs 25 cr to Shiv Sena

Qwik Supply with RIL links donated Rs 385 cr to BJP, Rs 25 cr to Shiv Sena

Rediff.com22 Mar 2024

Qwik Supply, the third largest donor to political parities using electoral bonds, bought Rs 410 crore bonds between 2021-22 and 2023-24, and gave all but Rs 25 crore to the BJP.

Haldiram's Delhi and Nagpur arms complete merger of FMCG biz

Haldiram's Delhi and Nagpur arms complete merger of FMCG biz

Rediff.com8 Apr 2025

The process of merging Haldiram's Nagpur and Delhi branches to form Haldiram Snacks Food Private Ltd has been completed, informed its CEO Krishan Kumar Chutani on the social media platform LinkedIn. "A new chapter begins in the Haldiram story, and it's a significant one," Chutani posted on LinkedIn on Monday.

How Jane Street Made Rs 36,500 Crore

How Jane Street Made Rs 36,500 Crore

Rediff.com7 Jul 2025

SEBI alleges Jane Street placed bets on the stock market falling and then acted in a way to make the market actually fall so it could win its bet.

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.

'I Wouldn't Change Anything In Sholay'

'I Wouldn't Change Anything In Sholay'

Rediff.com8 Aug 2025

'Sholay had a sargam of human emotions.'

Mithi river 'scam': ED raids Dino Morea's residence

Mithi river 'scam': ED raids Dino Morea's residence

Rediff.com6 Jun 2025

The fraud is alleged to have caused a Rs 65 crore loss to the Brihanmumbai Municipal Corporation (BMC).

Zero-Bid Satellite Deal Raises Questions

Zero-Bid Satellite Deal Raises Questions

Rediff.com16 Aug 2025

Pixxel has raised $95 million in funding and with the company's commercial Firefly satellites up in orbit selling data globally 'we know and seen what it takes to make this business work.'

Head-ache? RCB sue Uber over 'demeaning' ad

Head-ache? RCB sue Uber over 'demeaning' ad

Rediff.com17 Apr 2025

Royal Challengers Bengaluru (RCB) moved the Delhi High Court on Thursday and accused an YouTube advertisement of disparaging its trademark.

Act against Pakistan's terror ecosystem: India to Turkiye

Act against Pakistan's terror ecosystem: India to Turkiye

Rediff.com23 May 2025

India expects Turkiye to strongly urge Pakistan to end its support to cross-border terrorism, said ministry of external affairs spokesperson, Randhir Jaiswal during the weekly briefing on Thursday.

Shell deepens India market reach through Raj Petro buy

Shell deepens India market reach through Raj Petro buy

Rediff.com4 Jul 2025

Global energy giant Shell has acquired Mumbai-based Raj Petro Specialities to deepen its foothold in the world's third biggest lubricants market in the world, a top company official said. Shell, which has already invested over $5 billion in India across the energy value chain -- from LNG import terminals and fuel stations to renewable energy and technology centres -- has acquired 100 per cent equity interest in Raj Petro Specialities Pvt Ltd from Germany's Brenntag Group.

Bengaluru Stampede: Activist files police complaint against Virat Kohli

Bengaluru Stampede: Activist files police complaint against Virat Kohli

Rediff.com7 Jun 2025

A formal complaint has been lodged against Royal Challengers Bengaluru's star batter Virat Kohli Cubbon Park Police Station in Bengaluru on Friday by social activist H M Venkatesh.

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.

Karnataka govt blames RCB, KSCA for Bengaluru stampede

Karnataka govt blames RCB, KSCA for Bengaluru stampede

Rediff.com17 Jul 2025

The status report claims that RCB organised a massive victory parade and celebration without prior permission or furnishing mandatory details to city authorities.

Char Dham helicopter services suspended for 2 days after fatal crash

Char Dham helicopter services suspended for 2 days after fatal crash

Rediff.com15 Jun 2025

After chairing an emergency meeting with senior officials to discuss the situation, Chief Minister Pushkar Singh Dhami said that heli services on the Char Dham route will remain suspended for two days, as the weather is bad and the safety of the passengers is the government's top priority.

DRDO goes private for 7 new defence projects

DRDO goes private for 7 new defence projects

Rediff.com11 Jul 2024

India's premier defence research organisation DRDO has awarded seven new projects to private entities to develop key military assets including underwater launched unmanned aerial vehicle and long-range remotely operated systems.

Time To Tackle The Digital Fraud Surge

Time To Tackle The Digital Fraud Surge

Rediff.com14 Aug 2025

We propose an expert group be set up to form a national strategy on digital fraud. This group would bring together skills in financial regulation, security economics, cyber defence, and public communications, and an understanding of the Indian financial and security systems. It should lay the foundations of a coordinated approach by the Indian State in fighting digital fraud, suggest Ajay Shah and Nandkumar Saravade.

Jolt to Gautam Gambir as court orders fresh probe into cheating case

Jolt to Gautam Gambir as court orders fresh probe into cheating case

Rediff.com30 Oct 2024

Special Judge Vishal Gogne set aside a magisterial court order, saying it reflected "inadequate expression of mind" in deciding the allegations against Gambhir.

Can't act as an agent or mouthpiece of police: Delhi court

Can't act as an agent or mouthpiece of police: Delhi court

Rediff.com17 Jun 2025

The court cannot act as an agent or mouthpiece of the police, and it is under solemn obligation to independently apply its mind to the chargesheet, without borrowing the opinion of the IO.

BJP tops 2023-24 donations with Rs ...

BJP tops 2023-24 donations with Rs ...

Rediff.com7 Apr 2025

The BJP received the highest amount in large donations among national parties in the financial year 2023-24, with over Rs 2,243 crore declared from 8,358 donations, according to a report by poll rights body the Association for Democratic Reforms (ADR). The report, based on data submitted to the Election Commission, highlighted trends in political donations above Rs 20,000. The total declared donations to national parties stood at Rs 2,544.28 crore from 12,547 contributions - a sharp 199 per cent increase compared to the previous year.

Four IPOs worth Rs 6600 to hit D-Street next week

Four IPOs worth Rs 6600 to hit D-Street next week

Rediff.com25 May 2025

The initial public offering (IPO) lane will be busy next week, with four main-line companies, including Leela Palaces Hotels & Resorts operator Schloss Bangalore Ltd and Aegis Vopak Terminals tapping the primary market to raise over Rs 6,600 crore collectively.

HC bars journo from hosting award show in Ratan Tata's name

HC bars journo from hosting award show in Ratan Tata's name

Rediff.com7 Feb 2025

The Delhi High Court has ordered a journalist not to host an award event using the name "Ratan Tata National Icon Award" or the trademarks "Tata" and "Tata Trusts". The court found that Ratan Tata's name and the Tata trademarks are protected and that the journalist's use of them was unauthorized. The case was filed by Sir Ratan Tata Trust and Tata Sons Pvt Ltd, who alleged that the journalist's actions caused harm to their reputation and goodwill. The court also ordered the journalist to stop using the logo and pictures related to Ratan Tata and Tata Trusts.

Char Dham chopper crashes raise alarm: 5 mishaps, 13 deaths in 6 weeks

Char Dham chopper crashes raise alarm: 5 mishaps, 13 deaths in 6 weeks

Rediff.com15 Jun 2025

Soon after the crash on Sunday, Chief Minister Pushkar Singh Dhami held an emergency meeting and asked senior officials to prepare a strict SOP (standard operating procedure) for heli services in the state, making a thorough check of the technical condition of the choppers mandatory.

ED raids Shilpa Shetty's husband in porn films case

ED raids Shilpa Shetty's husband in porn films case

Rediff.com29 Nov 2024

The Enforcement Directorate (ED) on Friday raided the premises of businessman Raj Kundra, the husband of actor Shilpa Shetty, and some others as part of a money laundering case linked to alleged distribution of pornographic content. Around 15 locations in Mumbai and Uttar Pradesh are being searched. The probe pertains to the role of suspects in alleged distribution of pornographic content through mobile applications and other modes.

Burmans get nod to acquire 31.27% additional stake in Religare

Burmans get nod to acquire 31.27% additional stake in Religare

Rediff.com24 Jan 2024

The Competition Commission of India has approved the acquisition of 31.27 per cent of additional stake in Religare Enterprises by four entities of Dabur India promoter Burman family, enabling them to become majority owners in the financial services firm. The fair trade regulator allowed the four entities to acquire Religare's 5.27 per cent through stock market purchase and another 26 per cent through an open offer.

Adani in advance talks to acquire Emaar India

Adani in advance talks to acquire Emaar India

Rediff.com20 Mar 2025

Billionaire Gautam Adani's group is in advanced talks to acquire real estate company Emaar India for an enterprise value of around $1.4-1.5 billion as it looks to expand its property business, according to sources. Dubai-based Emaar Properties entered the Indian real estate market in 2005 in partnership with India's MGF Development and invested Rs 8,500 crore through the joint venture firm Emaar MGF Land.

Zomato to buy Paytm's entertainment ticketing biz for Rs 2,048 cr

Zomato to buy Paytm's entertainment ticketing biz for Rs 2,048 cr

Rediff.com21 Aug 2024

Online food delivery platform Zomato will acquire Paytm's entertainment ticketing business for Rs 2,048 crore to strengthen its "going-out" segment in a deal that will help the troubled fintech firm to sharpen its focus on core payments and financial services distribution.

CBI busts network linked to trafficking Indians to Russia-Ukraine war zone

CBI busts network linked to trafficking Indians to Russia-Ukraine war zone

Rediff.com8 Mar 2024

They said the agency has found 35 instances in which youngsters were taken to Russia after being lured with false promises of high-paying jobs via social media channels and local contacts and agents.

How ITC plans to build a future-ready portfolio

How ITC plans to build a future-ready portfolio

Rediff.com6 May 2025

There remains a debate on who said this: "When the facts change, I change my mind. What do you do, Sir?" Was it the British economist John Maynard Keynes or the American economist Paul Samuelson. Irrespective of who said it, this sentiment appears to have found resonance in ITC's boardroom in recent years.

Now, Watch Nushrratt, Kareena, Ranveer At Home

Now, Watch Nushrratt, Kareena, Ranveer At Home

Rediff.com20 Mar 2024

Amazon Prime Video has announced 69 assorted Web series and movies, and the slate sure looks interesting.

Vivo sent Rs 62,476-cr worth turnover to China to avoid getting taxed in India: ED

Vivo sent Rs 62,476-cr worth turnover to China to avoid getting taxed in India: ED

Rediff.com7 Jul 2022

A whopping Rs 62,476 crore has been "illegally" transferred by smartphone maker Vivo to China in order to avoid payment of taxes in India, the Enforcement Directorate said Thursday, as it claimed to have busted a major money laundering racket involving Chinese nationals and multiple Indian companies. This money is almost half of Vivo's turnover of Rs 1,25,185 crore, it said without stating the time period of the transaction. The crackdown on the leading Chinese company came after the federal probe agency found that three Chinese nationals, all of whom "left" India during 2018-21, and one other person from that country incorporated as many as 23 companies in India in which they were also helped by a Chartered Accountant, Nitin Garg.

5 killed in blast at explosives factory near Nagpur

5 killed in blast at explosives factory near Nagpur

Rediff.com13 Jun 2024

At least five workers were killed in a blast at an explosives manufacturing factory near Nagpur city on Thursday afternoon, police said.

HC notice to Kangana, Centre over Sikh outfits' plea

HC notice to Kangana, Centre over Sikh outfits' plea

Rediff.com2 Sep 2024

The Madhya Pradesh high court on Monday issued notices to actor Kangana Ranaut, the Centre, censor board and others on a public interest litigation (PIL) challenging the screening of her upcoming Hindi film Emergency on the ground it contains scenes that violate fundamental rights of Sikhs.