Reliance Industries Holdings will now directly own stakes in Reliance Ports & Terminals, Reliance Gas and Transportation and Reliance Utilities and Power.
Hutchinson Max Telecom Pvt Ltd is planning to consolidate its various telecom operations in India under a single entity, including that of Hutchison Essar Telecom Ltd and Fascel Ltd, for which the company has filed an application with FIPB.
Markets regulator Sebi has empanelled as many as 16 entities -- including BDO India, Ernst & Young and Deloitte Touche Tohmatsu India -- for conducting forensic audits of financial statements of listed companies as part of efforts to curb frauds. The other empanelled entities are -- Chaturvedi & Co, Chokshi & Chokshi LLP, Grant Thornton Bharat LLP, Haribhakti & Co. LLP, KPMG Assurance And Consulting Services LLP, Mukund M Chitale & Co and Protiviti India Member Pvt Ltd, according to a public notice. In addition, Rajvanshi & Associates, Ravi Rajan & Co LLP, SKVM & Company, Suresh K Jha & Co, T R Chadha & Co LLP and V Singhi & Associates have been selected to conduct the forensic audits, it added.
In another instance of Indian tax authorities adopting a hard-nosed stance to prevent abuse of tax avoidance treaties, the revenue department recently opposed a proposal of a Cyprus-based company to increase its stake in an Indian telecom services company from 40 per cent to nearly 74 per cent.
An analyses of the trends that will influence the demand for Indian workforce in the world economy.
An analyses of the trends that will influence the demand for Indian workforce in the world economy.
Some say they saw it coming, with the earlier Team India performance, cricket fatigue
Vishvapradhan Commercial Private Ltd, a little-known entity through which the Adani Group has launched a hostile bid for NDTV Ltd, had an annual turnover of just Rs 60,000 few years back but it gave Rs 400 crore of interest-free loans to the broadcaster in 2009, as per Sebi orders.
State-owned Mahanagar Telephone Nigam Ltd has signed a deal with an Israeli firm and its Indian partner to expand the telecom giant's IPTV services, which will enable TV broadcasts through telephone lines.
SC directs CBI to take action over extra spectrum allocation during NDA rule.
D B Realty's share price went up by nearly 10 per cent to close at Rs 125.20 on BSE.
A business firm connected with the son of former Tamil Nadu Governor S S Barnala, a former vice-chancellor of Anna University and some of its employees today came under the vigilance scanner over alleged irregularities in purchase of electronic equipment for the top technical institution.
Amazon on Wednesday filed a writ petition in the Delhi high court seeking clarifications on the scope of Enforcement Directorate's (ED) investigations into alleged foreign exchange violations by the company, according to sources. Last month, Amazon had said it was in receipt of summons by the ED in connection with its deal with the Future Group. According to sources, Amazon in its filing said the ED is expanding the scope of its investigations by seeking privileged and confidential legal advice it received in ordinary course of business since it started marketplace operations and that such requests aren't related to the agency's probe into the Future-Amazon deal.
Nayak, who along with some of his associates held 26 per cent in NDTV Media, will set up a separate media company called AIDEM Ventures Pvt Ltd. NDTV and Nayak have entered into an agreement, under which the media house will buy back the shares of Nayak and his associates in NDTV Media.
The company has said it will expand the production capacity at its contract manufacturing facility in Baddi (Himachal Pradesh). The company has just inked an agreement with its Baddi-based leading vendor Sarvotham Care Ltd for the purpose. Amway India is a wholly owned Indian subsidiary of the $8.2 billion Amway Corporation, Michigan, USA, one of the largest Direct Selling Companies in the world.
At one level, the ongoing tussle between the Delhi Metro Rail Corporation (DMRC) and the Anil Ambani-controlled Delhi Airport Metro Express Pvt Ltd (DAMEPL) may confirm the misgivings of those who think public-private partnerships (PPPs) are a risky way of bridging the infrastructure gap.
Here's what your favourtie Bollywood celebrities are tweeting.
Here's what your favourite celebrities have been up to.
Real estate major Unitech and promoters of India's first amusement park Appu Ghar, International Amusement Ltd, are jointly setting up two entertainment parks in Noida and Rohini
Bhartiya Janata Party leader and the party's Scam Expose Committee convener Kirit Somaiya has accused Uttar Pradesh Chief Minister Mayawati's brother of owning a private airline.
Bakshi said the attempt by McDonald's to terminate its agreement with him was illegal and not binding and would have no bearing on the shareholding pattern (the partners hold 50 per cent each), board composition (both sides have two nominees) or the working of the company.
The Supreme Court on Wednesday refused to grant any interim relief to the Kerala government, which had challenged the Kerala high court's decision to lift a ban imposed on sale of Pepsi and Coke in the state.
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The Obulapuram Mining Company Pvt Ltd, owned by former Karnataka minister G Janardhan Reddy, earned over Rs 4,300 crore from illegally selling iron ore, the Central Bureau of Investigation's chargesheet says
The vacation bench of the Delhi high court on Thursday ordered in favour of ESPN Software India Pvt Ltd (ESIPL) in its suit for permanent injunction filed against cable operators across the country against unauthorized broadcast of India's ongoing cricket tour of Australia.
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The Supreme Court on Friday set aside NCLAT order of December 18, 2019 restoring Cyrus Mistry as executive chairman of Tata Group.
Ranbaxy Laboratories Ltd on Friday said ICICI Venture Funds Pvt Ltd would acquire the company's fine chemicals, animal health care and part of the diagnostics business.
The now-scrapped Delhi Excise Policy 2021-22 was brought in by the Aam Aadmi Party leadership, specifically former excise minister Manish Sisodia, to 'continuously generate and channel illegal funds' to themselves, the Enforcement Directorate said in its latest chargesheet in this money laundering case.
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More than four years after it went bankrupt, the US-based Lehman Brothers has offered to surrender its brokerage membership of NSE.
Moolchand Healthcare Pvt Ltd, the corporate entity formed by the group in 2006 with expansion in mind, is on an acquisition spree for hospital chains, IVF (in vitro fertilisation) clinics and pathological laboratories.
The Ahmedabad-based Sambhaav Group has merged its associate companies - Abhiyaan Press & Publications Ltd and Aider Publishers Pvt Ltd - with Sambhaav Media Ltd, a public company registered under the Companies Act.
Ciber Inc and iGate Global Solutions Ltd, formerly Mascot Systems Ltd, on Tuesday announced an agreement to form an India-based joint venture to offer software services.
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In an online chat with readers Soumya Banerjee, CEO, Attano Media and Education Pvt Ltd and Deepak Agarwal, Founder Director, AIETS, addressed queries on how to prepare for the SBI Bank PO exam.
The first to arrive at the Salt Lake office of the central probe agency here was the award wining actor and director Sen whose statement was recorded by ED which is probing her role as the Editor of a magazine brought out by the now defunct group.
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