UCPL is a joint venture company between Voltas and Fedders International Air-conditioning Pvt Ltd, a subsidiary of US-based Fedders Corporation. Fedders has agreed to divest its 50 per cent shareholding in UCPL for Rs 7.5 crore (Rs 75 million) to Voltas, the air condition and cooling product making company said in a communique to the Bombay Stock Exchange.
International Finance Corporation will take up 18 per cent stake in domestic stocks and commodities brokerage firm Angel Infin Pvt Ltd for Rs 152 crore. US-based Goldman Sachs and Australia's Macquarie will pick 40 per cent stake in PTC India Financial Services Ltd, a non-banking financial arm of power trading firm PTC India Ltd, for Rs 155.74 crore (Rs 1.55 billion).
Dead Space 3 puts on quite a show, says Murali Venukumar
Being average may not be a bad thing, but the best thing that can be said about the Bureau is that it doesn't kill the XCOM brand.
A slick, well-produced big-budget game that starts with a bang and doesn't let up till the end credits roll.
In conversation with Shubhashish and Arijit Barman, Rakesh Arora, managing director and head of research, Macquarie Capital Securities (India) Pvt Ltd and among the most authoritative metal analysts in India, says companies should start taking environmental laws more seriously.
The adjudicating authority of the Enforcement Directorate ED has adjudicated a show cause notice issued to Amnesty India International Pvt Ltd (AIIPL) and its CEO Aakar Patel for contravention of the provisions of Foreign Exchange Management Act and imposed a penalty of Rs 51.72 crores and Rs 10 crores respectively on them, the probe agency announced on Friday.
The Bombay high court on Monday granted bail to former ICICI Bank CEO and MD Chanda Kochhar and her husband Deepak Kochhar in a loan fraud case, saying their arrest was not in accordance with the provisions of law. A division bench of Justices Revati Mohite Dere and P K Chavan held that the arrest of Kochhars was in violation of Section 41A of the Code of Criminal Procedure (CrPC), which mandates sending notice for appearance before the police officer concerned. The couple was arrested by the Central Bureau of Investigation (CBI) on December 23, 2022 in connection with the Videocon-ICICI Bank loan case.
Teledata Informatics Ltd and Deloitte Touche Tohmatsu (India) Pvt Ltd have signed an agreement to jointly work for the development and implementation of TDIL's Enterprise Resource Planning solution for the education industry.
YSR Congress president Jagan Mohan Reddy will legally oppose the move by the Central Bureau of Investigation to freeze various accounts connected to him, including those of Sakshi TV, Janani infra and Jagathi publications. CBI, which is probing a case of disproportionate assets against Jagan Mohan Reddy, has frozen the accounts of the above mentioned companies as it believes that money procured illegally is parked in these three companies.
Chandrasekhar Hariharan, CEO of Bio-diversity Conservation India (Pvt) Ltd, started the company in 1993 with borrowed money, with the sole intention of building eco-sensitive homes.
Lafarge is in a drive to shed non-core assets to cut its debt to below 10 billion euros from 12.2 billion euros.
The Enforcement Directorate (ED) has arrested Shiv Sena MP Sanjay Raut in a money laundering case linked to alleged irregularities in the redevelopment of a Mumbai 'chawl', officials said.
Dayalu Ammal, 84, has been given an option to present her case through an authorised legal representative, in case she cannot come herself and answer questions of agency sleuths on March 28 in New Delhi, sources said.
Battling a hostile takeover bid, NDTV's promoter entity RRPR Holding Ltd has sought clarity from Sebi on whether its earlier order bars the conversion of warrants issued to VCPL, now owned by the Adani group. Passing an order on November 27, 2020, the Securities and Exchange Board of India (Sebi) has restrained NDTV founders Radhika and Prannoy Roy to access the securities market for a period of 2 years. As restrictions are still in force, hence a prior written approval from Sebi was required for Vishvapradhan Commercial Private Limited (VCPL) for the exercise of the conversion option on the warrants, NDTV founders had said.
Janata Party president Subramanian Swamy has written to Prime Minister Dr Manmohan Singh levelling serious charges against Home Minister P Chidambaram's son Karthi. Janata Party president Subramanian Swamy has written to Prime Minister Dr Manmohan Singh levelling serious charges against Home Minister P Chidambaram's son Karthi.
STAR News to be ABP News as brand association ends
Sunit Survase, director of Grad Dreams Education Consulting Pvt Ltd talks about the types of assistantships and scholarships available in the US and how students can avail of them.
The Bombay high court on Tuesday directed the Central Bureau of Investigation to file by Friday its affidavit in response to a petition of Videocon Group founder Venugopal Dhoot, seeking to quash an FIR registered in a bank loan fraud case, to declare his arrest as "arbitrary and illegal" and to be released on bail. When the plea came up for hearing, advocate Kuldeep Patil asked for one-week time to seek instructions on the same. A division bench of Justices Revati Mohite Dere and P K Chavan said the agency shall file its affidavit by Friday and posted the petition for hearing the same day (January 13).
"There are eight companies (who have put in expression of interest)... RNRL is one of them," said A K Ahuja, managing director, Ratnagiri Gas and Power Pvt Ltd, the company that operates the nation's biggest gas-fired power plant and the adjacent LNG import facility. Others in the fray include state power utility NTPC and GMR. Ahuja said RGPPL will frame the bidding criteria and call for financial bids by next month.
Kapoor is already facing an ED criminal case for receiving alleged kickbacks, through companies purportedly controlled by his family, for going slow on bad loans extended by his bank to some big corporate.
The new discounted fares are Rs 10 (3 km), Rs 15 (8 km) and Rs 20 (20 km).
GMR Infrastructure has awarded the contract for managing the automated parking management system at Hyderabad Airport to Malaysia-based Tenaga Group.
The academic centrepiece of this initiative will be an integrated dual degree MD-PhD programme aimed at creating a new breed of physician-scientists, who will pursue careers in clinical research to develop new treatments and healthcare solutions, driven by a bench-to-bedside philosophy, a statement said.
State-owned Indian Oil Corporation (IOC) and a joint venture of billionaire Gautam Adani's gas arm and Total of France -- Adani Total Gas Ltd -- have bid for maximum number of licenses to retail CNG to automobiles and piped cooking gas to households in the latest city gas bidding round.
Surbhi Shweta, head, human resource, Mirae Asset Global Investments (I) Pvt. Ltd., spells out the four qualities HR managers always looks for in prospective candidates.
Refusing to stay the criminal proceedings against the website, Justice Suresh Kait today declined to pass any order 'at this stage' and fixed the matter for March 1, saying he will hear the case before the trial court hears it on March 13.
Videsh Sanchar Nigam Ltd has forged a strategic alliance with Microsoft Corporation India Pvt Ltd for venturing into the web conferencing market.
Facebook, LinkedIn, Twitter had 160 mn users but made less than Rs 100 cr in 2012-13
Apoorve Dubey, founder and CEO of Kreyon Systems Pvt. Ltd, an IT and mobile application development company lists out the 25 things that will help you make your start-up successful.
Tesla Inc, the world's largest electric car producer, is looking to make a significant investment in India, said its chief Elon Musk, who saw India as holding more promise than any other large country around the globe. Musk, after meeting Prime Minister Narendra Modi, said he plans to visit India in 2024. "I am confident that Tesla will be in India and we will do so as soon as humanly possible," Musk told reporters after the meeting.
Travel yaari.com is not only an online travel agency, but has also become a fulcrum of bus travel industry in India.
Travel yaari.com is not only an online travel agency, but has also become a fulcrum of bus travel industry in India.
Union minister Hardeep Singh Puri on Saturday said the construction of a new Parliament building and redevelopment of the Central Vista Avenue, stretching from Rashtrapati Bhavan to the India Gate, will be completed in a time-bound manner.
India needs to create 220 million jobs in the next 15 years and this is only possible by implementing the National Manufacturing Policy, launched recently by the government, says Arindam Bhattacharya, managing director, The Boston Consulting Group (BCG) India Pvt Ltd.
In a filing to the BSE, United Spirits said the manager to the open offer, JM Financial Institutional Securities Pvt Ltd has informed that the offer price shall remain at Rs 1,440 per equity share.
MahaVitaran, which draws 95 per cent of the power from the project, has started drawing power at Rs 4 per unit.
A retired lieutenant general has been put on trial by a Delhi court for allegedly divulging sensitive information about the country's arms and ammunition system to an international arms dealing firm.Additional Sessions Judge Kaveri Baweja put Lieutenant General (retired) Nirmal Puri on trial along with M/s Concord International Pvt Ltd's official Vinod Khanna, whom the top army officer had allegedly supplied sensitive information to in 1984-87.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances