News for 'Pvt Ltd'

FIR against IAS Puja Khedkar's mother for waving gun at farmers

FIR against IAS Puja Khedkar's mother for waving gun at farmers

Rediff.com13 Jul 2024

An official said the incident in the video was about a land parcel bought by Puja's father Dilip khedkar, a retired Maharashtra government officer, in Dhadwali village in Pune's Mulshi tehsil.

ISRO set to launch satellite to study black holes

ISRO set to launch satellite to study black holes

Rediff.com1 Jan 2024

The Indian Space Research Organisation (ISRO) is set to welcome the new year with the launch of its first X-Ray Polarimeter Satellite that would offer insights into celestial objects like black holes, onboard a Polar Satellite Launch Vehicle rocket on Monday.

Coal scam: Darda, son get 4-yr jail, ex-coal secy gets 3 yrs

Coal scam: Darda, son get 4-yr jail, ex-coal secy gets 3 yrs

Rediff.com26 Jul 2023

A Delhi court on Wednesday awarded a four-year jail term to ex-Rajya Sabha MP Vijay Darda, his son Devender Darda, and businessman Manoj Kumar Jayaswal in a case related to irregularities in the allocation of a coal block in Chhattisgarh.

Oyo appeals against subsidiary facing insolvency proceedings

Oyo appeals against subsidiary facing insolvency proceedings

Rediff.com7 Apr 2021

The National Company Law Tribunal has directed to start insolvency proceedings against OYO Hotels and Homes Pvt Ltd on March 30, according to a public announcement by the interim resolution professional.

SFIO probes 11 companies on BoB forex fraud

SFIO probes 11 companies on BoB forex fraud

Rediff.com8 Dec 2015

A forensic probe has been ordered into alleged irregularities by the department of financial services.

ED attaches over Rs 150-crore assets of Unitech promoters

ED attaches over Rs 150-crore assets of Unitech promoters

Rediff.com30 Mar 2021

Properties worth over Rs 150 crore of real estate firm Unitech Group have been attached in a money laundering case, the Enforcement Directorate (ED) said on Tuesday. The assets include a dozen of land pieces measuring a total of 48.56 acres in Gurgaon near Delhi.

UltraTech Cement to acquire 23% in India Cements

UltraTech Cement to acquire 23% in India Cements

Rediff.com27 Jun 2024

The country's leading cement maker UltraTech on Thursday said it will acquire a 23 per cent stake in its Chennai-based rival India Cements Ltd, in a deal estimated to be around Rs 1,885 crore. As part of the transaction, UltraTech Cement will acquire 7.06 crores equity shares of India Cements at a price of up to Rs 267 per share, according to a regulatory filing from the Aditya Birla Group flagship firm.

HLL shareholders approve demerger, amalgamation

HLL shareholders approve demerger, amalgamation

Rediff.com1 Nov 2006

The shareholders of Hindustan Lever Ltd have given their nod to the scheme of arrangement between HLL, Shamnagar Estates Pvt Ltd, Jamnagar Properties Pvt Ltd, Hindustan Kwality Walls Foods Pvt Ltd for demerger of shares.

Owner of Mumbai hoarding, that collapsed killing 16, arrested

Owner of Mumbai hoarding, that collapsed killing 16, arrested

Rediff.com17 May 2024

At least 16 people were killed, and 75 injured after the billboard collapsed in an unexpected dust storm in Mumbai on Monday.

Govt approves Rs 357 crore for Foxconn under PLI for mobile phones

Govt approves Rs 357 crore for Foxconn under PLI for mobile phones

Rediff.com20 Dec 2022

The government has approved Rs 357.17 crore for Apple's vendor Foxconn India and Rs 58.29 crore for Dixon Technologies subsidiary Padget Electronics under the Production-Linked Incentive scheme for mobile phones. This is the first time the government has cleared an incentive of a global company engaged in electronics manufacturing in the country. "Foxconn Hon Hai Technology India Mega Development Pvt. Ltd is the first global company that has been approved under the target segment 'Mobile Phones' (in the category of invoice value of Rs 15,000 and above) to receive incentive under mobile manufacturing for the period 1 August 2021-31 March 2022 based on its incremental investments and sales figures.

Tatas plan to acquire over 60% stake in BigBasket

Tatas plan to acquire over 60% stake in BigBasket

Rediff.com13 Mar 2021

The Tata group has proposed to acquire more than 60 per cent stake in online grocery platform BigBasket, according to a filing, as the conglomerate seeks to expand in the fast-growing e-commerce space. The group plans to buy up to 64.3 per cent stake in Supermarket Grocery Supplies Pvt Ltd (SGS) through a combination of primary and secondary acquisitions, a filing with the Competition Commission of India (CCI) showed. The parties to the proposed deal are Tata Digital Ltd (TDL), SGS and Innovative Retail Concepts Pvt Ltd (IRC) -- which is engaged in B2C (Business to Consumer) sales through www.bigbasket.com and related mobile applications.

BrahMos missile firing from INS Mormugao hits 'bulls eye'

BrahMos missile firing from INS Mormugao hits 'bulls eye'

Rediff.com14 May 2023

The missile firing demonstrated the Indian Navy's firepower at sea, they said.

Graft case: Jagan's assets worth Rs 863 crore sealed

Graft case: Jagan's assets worth Rs 863 crore sealed

Rediff.com5 Mar 2014

Initiating one of its biggest criminal actions in a money laundering case, the Enforcement Directorate on Wednesday attached assets worth Rs 863 crore of YSR Congress leader Jaganmohan Reddy and his associates in connection with its probe into alleged corruption in an infrastructure project in Andhra Pradesh.

Advent to infuse Rs 2,475 cr into Apollo Hospitals' arm

Advent to infuse Rs 2,475 cr into Apollo Hospitals' arm

Rediff.com28 Apr 2024

Apollo HealthCo Ltd (AHL), a subsidiary of Apollo Hospitals Enterprise (AHEL), on Friday entered into a binding agreement to raise equity capital of Rs 2,475 crore from Advent International (Advent), one of the world's largest private equity (PE) players. The transaction will also see the merger of two units under Apollo Healthco - its wholesale pharma distribution unit Keimed Pvt Ltd and online healthcare business Apollo 24'7. The merger will take place in a phased manner over the next 24-30 months.

Future Retail insolvency process: 48 cos selected as eligible prospective bidders

Future Retail insolvency process: 48 cos selected as eligible prospective bidders

Rediff.com24 Apr 2023

As many as 48 companies, including Reliance Retail, Jindal Power Ltd and Adani group, are in the final list of eligible prospective resolution applicants for acquiring debt-ridden Future Retail Ltd. The Resolution Professional of Future Retail Ltd (FRL), which is currently going through an insolvency resolution process, on Monday came out with the final list of 'Eligible Prospective Resolution Applicants'. On April 10, FRL's RP updated a list of 49 companies, which had submitted Expressions of Interest (EoIs) after the company's lenders decided to invite fresh bids after dividing its assets into clusters.

Emami has built itself through acquisition, but...

Emami has built itself through acquisition, but...

Rediff.com8 Oct 2024

Two young men jostle in a rickshaw as it clatters along a narrow, bustling lane of North Kolkata, each with a leg dangling over the side of the vehicle, a bulging sack of cosmetics nestled between them. The protagonists here are the founders of Emami - Radhe Shyam Agarwal and Radhe Shyam Goenka - childhood friends who gave up cushy corporate jobs to build a fast-moving consumer goods (FMCG) company. From a 200-square-foot rented space on Muktaram Babu Street in North Kolkata, brand Emami stepped into the competitive world of FMCG 50 years back, armed with just three products: Vanishing cream, talcum powder, and cold cream.

Chidambaram conspired with son, says CBI charge sheet

Chidambaram conspired with son, says CBI charge sheet

Rediff.com19 Oct 2019

The chargesheet names 14 accused, including the Congress leader's son Karti Chidambaram, Peter Mukherjea and Indrani Mukerjea.

NIA issues notice to Zakir Naik, asks him to appear on March 14

NIA issues notice to Zakir Naik, asks him to appear on March 14

Rediff.com8 Mar 2017

Naik, the founder of proscribed Islamic Research Foundation, has been asked to appear before the anti-terror agency at its headquarters in Delhi on March 14

Mahayuti Win Will Boost Adani's Dharavi Plan

Mahayuti Win Will Boost Adani's Dharavi Plan

Rediff.com23 Nov 2024

The Opposition had promised to scrap the Dharavi redevelopment project if it came to power. With the Mahayuti's massive mandate in the Maharashtra assembly election, that prospect has been laid to rest.

Employee Grievances Rise In Top Firms

Employee Grievances Rise In Top Firms

Rediff.com4 Nov 2024

Data collated for 47 BSE50 companies (as of H1FY25) shows employees and workers filed 8,468 such complaints in FY24.

India to buy 200 BrahMos missiles for Rs 19K cr to boost Navy

India to buy 200 BrahMos missiles for Rs 19K cr to boost Navy

Rediff.com22 Feb 2024

In a significant move, the Cabinet Committee on Security (CCS) has accorded approval for the procurement of more than 200 BrahMos supersonic cruise missiles and associated equipment for the Indian Navy at a cost of around Rs 19,000 crore, people familiar with the matter said on Thursday.

Charge sheet filed against Vivo India in money laundering case

Charge sheet filed against Vivo India in money laundering case

Rediff.com7 Dec 2023

The Enforcement Directorate has filed its first charge sheet in connection with its money laundering probe against Chinese smartphone maker Vivo-India and some others, official sources said on Thursday. The prosecution complaint was filed before the court of Special Judge Kiran Gupta in New Delhi on Wednesday under the criminal sections of the Prevention of Money Laundering Act and Vivo-India has been named an accused apart from those arrested in this case, the sources told PTI. The judge posted the matter for consideration on December 13.

Play Our Mast Mast Bollywood Quiz!

Play Our Mast Mast Bollywood Quiz!

Rediff.com18 May 2023

Sukanya Verma quizzes you to find out just how much you know about the movies.

Krishna Chivukula Donates Rs 228 Crore To IIT-Madras

Krishna Chivukula Donates Rs 228 Crore To IIT-Madras

Rediff.com7 Aug 2024

'His contribution not only elevates our institution but also serves as an inspiring example of how our alumni community continues to drive meaningful change.'

Coal scam: Naveen Jindal, Madhu Koda get bail

Coal scam: Naveen Jindal, Madhu Koda get bail

Rediff.com22 May 2015

The court said accused cannot leave India without getting its permission.

ED probing website named by NYT for Rs 86 cr foreign funding

ED probing website named by NYT for Rs 86 cr foreign funding

Rediff.com7 Aug 2023

The Enforcement Directorate (ED) is probing alleged fraudulent foreign funds infusion of more than Rs 86 crore into a company that runs the NewsClick portal even as it is expected to soon file a charge sheet in the case being probed under the anti-money laundering law, official sources said on Monday.

LIC mega IPO to hit the market in March, draft prospectus next week

LIC mega IPO to hit the market in March, draft prospectus next week

Rediff.com2 Feb 2022

The government is likely to file draft papers for the mega initial public offering of LIC with market regulator Sebi by next week, while a portion of the issue would be reserved for anchor investors, a top official said on Wednesday.

ED attaches jailed NCP leader Nawab Malik's multiple assets under PMLA

ED attaches jailed NCP leader Nawab Malik's multiple assets under PMLA

Rediff.com13 Apr 2022

The properties include Goawala compound and a commercial unit in Mumbai's suburban Kurla (West) 147.79-acre agricultural land located in Osmanabad district of Maharashtra and three flats in Kurla (West).

Chaos in Assam assembly over allegation against Himanta's wife

Chaos in Assam assembly over allegation against Himanta's wife

Rediff.com14 Sep 2023

Congress deputy leader in Lok Sabha Gaurav Gogoi claimed in a social media post that the website of the Ministry of Food Processing shows the CM's wife Riniki Bhuyan Sarma's firm Pride East Entertainments Pvt Ltd has received Rs 10 crore as part of credit credit-linked subsidy.

Adani group to press the pedal on its retail play through super app

Adani group to press the pedal on its retail play through super app

Rediff.com27 Jun 2024

With an existing consumer base of 400 million across airports, electricity and gas distribution businesses, the Adani group is revving up its retail play. It is planning to use the 2.4 billion consumer interactions a year with group companies to push various products and services. The group has already launched the 'Adani One' super app that will eventually sell products across the spectrum, top executives said.

It's Quiz Time, Folks!

It's Quiz Time, Folks!

Rediff.com25 May 2023

Sukanya Verma quizzes you to find out just how much you know about the movies.

China's BYD to invest Rs 2,800 cr in Tamil Nadu

China's BYD to invest Rs 2,800 cr in Tamil Nadu

Rediff.com2 Dec 2019

This is part of the nine memorandums of understanding (MoUs) worth Rs 5,027 crore, including Hero Group-backed Ather Energy's over Rs 600 crore investment, to establish a manufacturing facility for e-vehicles.

CBI files charge-sheet against Navabharat Power in coal-gate scam

CBI files charge-sheet against Navabharat Power in coal-gate scam

Rediff.com10 Mar 2014

The Central Bureau of Investigation on Monday filed its first charge-sheet in a Delhi court in the coal blocks allocation case against Navabharat Power Pvt Ltd for allegedly misrepresenting facts and making "fraudulent" claims to "embellish" its applications to get allotments between 2006 and 2009.

49 firms including RIL, Adani & Jindal Power keen to buy Future Retail

49 firms including RIL, Adani & Jindal Power keen to buy Future Retail

Rediff.com10 Apr 2023

As many as 49 players including Reliance Retail, Jindal Power Ltd and Adani group have submitted Expression of Interest (EoI) for acquiring the assets of debt-ridden Future Retail, which is currently going through insolvency resolution process. Reliance Retail Ventures Ltd, which is the holding company for retail operations of RIL and April Moon Retail Private Ltd, a joint venture between Adani Airport holdings and Flemingo group have again submitted their EOI, after the lenders of Future Retail decided to invite fresh bids after dividing FRL's assets into clusters. According to an update from FRL's Resolution Professional, the 49 players would be permitted to submit "resolution plan(s) for any/all such Clusters under Option II".

ED attaches assets worth Rs 53 crore in investments case

ED attaches assets worth Rs 53 crore in investments case

Rediff.com9 Feb 2015

ED attaches properties worth Rs 53 crore in quid-pro-quo investments case.

RBI rejects 3 small finance banks' applications

RBI rejects 3 small finance banks' applications

Rediff.com4 Jul 2023

The Reserve Bank of India has rejected three applications, including that of West End Housing Finance, for setting up small finance banks. These applications were found not suitable for granting of in-principle approval to set up small finance banks, it said in a statement on Tuesday. RBI had received about a dozen applications to set up banks under the guidelines for 'on tap' Licensing of Universal Banks and Small Finance Banks (SFBs).

Want to Know What Uorfi Javed Is Really Like?

Want to Know What Uorfi Javed Is Really Like?

Rediff.com20 Mar 2024

Amazon Prime Video has announced a huge number of assorted Web series and movies, and the slate sure looks interesting.

ED raids BYJU's CEO, seizes 'incriminating material'

ED raids BYJU's CEO, seizes 'incriminating material'

Rediff.com29 Apr 2023

The Enforcement Directorate on Saturday said it has searched the Bengaluru-located office and residential premises of Edtech major BYJU's and its CEO and co-founder Raveendran Byju and seized 'incriminating' documents and digital data as part of a foreign exchange violation probe.

Fortis wants Sebi to take legal action against Singh brothers

Fortis wants Sebi to take legal action against Singh brothers

Rediff.com25 Feb 2019

The previous board of Fortis Healthcare had links with Singh brothers and there was an investigation by law firm Luthra and Luthra into Rs 472 crore that was diverted into other companies.