News for 'Pvt Ltd'

Biz tycoons LN Mittal, Kiran Mazumdar Shaw among electoral bond buyers

Biz tycoons LN Mittal, Kiran Mazumdar Shaw among electoral bond buyers

Rediff.com15 Mar 2024

While mostly corporates, including established names and little-known ones, went for the top-denomination bonds, there were also several individuals who bought multiple such bonds.

Congress criticises Adani's takeover of NDTV

Congress criticises Adani's takeover of NDTV

Rediff.com24 Aug 2022

With billionaire Gautam Adani launching a hostile takeover of NDTV, the Congress on Wednesday alleged that the bid by a company owned by Prime Minister Narendra Modi's 'khaas dost' (special friend) is a brazen move to control and stifle any semblance of an independent media.

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.

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.

MSCB case: Ajit Pawar's associates get assets at throwaway prices, says court

MSCB case: Ajit Pawar's associates get assets at throwaway prices, says court

Rediff.com6 Jul 2023

The case pertains to an alleged scam in the Sahakari Sakhar Kharkhana (co-operative sugar factories) and Sahakari Soot Girnis.

Sebi cracks down on finfluencer, orders to impound Rs 12 cr 'unlawful gain'

Sebi cracks down on finfluencer, orders to impound Rs 12 cr 'unlawful gain'

Rediff.com8 Apr 2024

Sebi has barred Ravindra Bharti Education Institute, co-founded by finfluencer and YouTuber Ravindra Balu Bharti, from the securities market and directed to deposit Rs 12 crore "unlawful gain" earned from the alleged unregistered investment advisory business. It has been directed to deposit the amount to an interest-bearing escrow account created specifically for the purpose in a nationalised bank. Additionally, the regulator has barred Ravindra Balu Bharti, his wife Shubhangi Ravindra Bharti and directors -- Rahul Ananta Gosavi and Dhanashri Chandrakant Gosavi -- from the securities market.

Adani's Sri Lanka port JV gets $553 mn from US

Adani's Sri Lanka port JV gets $553 mn from US

Rediff.com8 Nov 2023

DFC is the US government's development finance institution. Adani Ports and Special Economic Zone Limited (APSEZ) in a statement said that the US fund will support the development of deepwater shipping container terminal in the Port of Colombo.

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

NCLT notice questions Byju's grade over BCCI petition

NCLT notice questions Byju's grade over BCCI petition

Rediff.com4 Dec 2023

Byju's first came on board with the BCCI back in 2019 when mobile manufacturer Oppo transferred the sponsorship rights to the online tutorial firm.

Maha okays 255-acre salt pan land for slum rehab housing, names Adani

Maha okays 255-acre salt pan land for slum rehab housing, names Adani

Rediff.com30 Sep 2024

According to the government, the additional chief secretary of the state housing department is designated to sign an agreement with the Union government for the land lease transfer.

Yuvraj Takes Builder To Court

Yuvraj Takes Builder To Court

Rediff.com10 Jul 2024

The cricketer said a sale agreement was executed between him and his mother on one side and the builder on the other for the purchase of an apartment for over Rs 14 crore in the real estate project initiated by Brilliant Etoile Pvt Ltd in Hauz Khas under the name 'Sky Mansion' and displaying the name 'Risland'.

Subjected to prosecution to create chilling effect, NewsClick tells Delhi HC

Subjected to prosecution to create chilling effect, NewsClick tells Delhi HC

Rediff.com8 Nov 2023

NewsClick on Wednesday alleged in the Delhi high court that investigating agencies were abusing the process of law to subject it to criminal prosecution to create a "chilling effect".

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.

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.

'Doors Don't Open Easily For Us'

'Doors Don't Open Easily For Us'

Rediff.com18 Feb 2025

'We have to keep knocking on it before we get a response.'

Why Households Are Shifting Funds To Equities

Why Households Are Shifting Funds To Equities

Rediff.com25 Sep 2024

Allocation to bank deposits -- fixed deposits, savings account deposits, and current account deposits -- came down.

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.

Ola Electric to launch IPO on Aug 2 to raise Rs 5,500 cr

Ola Electric to launch IPO on Aug 2 to raise Rs 5,500 cr

Rediff.com28 Jul 2024

Electric two-wheeler company Ola Electric Mobility will float its initial public offering (IPO) on August 2, and a significant part of the proceeds will be used for capacity expansion of its cell manufacturing plant and revving up R&D. The initial share sale will conclude on August 6, and the bidding for anchor investors will open for a day on August 1, according to the red herring prospectus (RHP).

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.

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.

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.

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.

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.

ED, CBI ramp up probe against Bitcoin Ponzi scam suspect

ED, CBI ramp up probe against Bitcoin Ponzi scam suspect

Rediff.com21 Nov 2024

The Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) have intensified their investigations against Gaurav Mehta, a suspect in a Bitcoin Ponzi scam, following allegations that politicians may have been involved in using cryptocurrency to influence Maharashtra assembly polls. The ED searched Mehta's residence in Raipur and seized computers and digital devices. The CBI summoned him to appear before investigators. The ED is probing Mehta's potential links to politicians, politically exposed persons, and bureaucrats as part of its money laundering probe. The allegations came after BJP released purported voice notes suggesting that Congress and NCP leaders were attempting to use cryptocurrency for election campaigning. Both parties denied the claims, calling the voice notes fake.

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.

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.

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.

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.

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).

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.

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.

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.

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.

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.

ED grills Azharuddin for hours in money laundering case

ED grills Azharuddin for hours in money laundering case

Rediff.com8 Oct 2024

The Enforcement Directorate on Tuesday questioned former Indian cricket team captain and Congress leader Mohammed Azharuddin for over nine hours in a money laundering case linked to alleged financial irregularities in the Hyderabad Cricket Association, official sources said.

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.

Dharavi redevelopment: HC upholds award of tender to Adani Group

Dharavi redevelopment: HC upholds award of tender to Adani Group

Rediff.com20 Dec 2024

The Bombay high court on Friday upheld the tender awarded to an Adani Group firm by the Maharashtra government for the Dharavi slum redevelopment project in Mumbai, ruling there was no 'arbitrariness, unreasonableness or perversity' in the decision.

5 FDI proposals worth Rs 6,050 crore get cleared

5 FDI proposals worth Rs 6,050 crore get cleared

Rediff.com14 Jan 2016

The FIPB rejected two proposals -- Nigeria's Mokeme Chiwetal Izuchukwu and Lanarth Developers Pvt Ltd.

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.