Zensar Technologies on Friday said one of its main promoters Japan's technology services major Fujitsu Group is going to sell its entire 29.17 per cent stake to Indian promoter Goenka's RPG Group.
Spencer's Retail, promoted by the Rs 11,500 crore (Rs 115 billion) RPG group, is in talks with international retailers for a possible joint venture in India. The company is exploring the JV route to introduce new formats.
All along, we were told SIR was an essential exercise carried out as part of the Election Commission's regular duties. But now that the ideological mentor of the ruling party has declared that SIR is a means of detecting infiltrators, one understands the unseemly haste with which it is being carried out, notes Jyoti Punwani.
Bucking the current trend of job lay-offs and salary cuts worldwide, the RPG Group said on Friday its hiring plans for this fiscal is on track and has already hired 34 interns. "Our hiring plans are very much on track. This year, we hired 34 interns who have worked with various group companies over the summer," RPG Enterprises president corporate development and human resources Arvind Agrawal told PTI.
RPG Group said on Thursday it will invest Rs 2,500 crore (Rs 25 billion) in retail expansion across the country during the next four years.
This is the first initiative of the company to enter mainstream education. The company runs the RPG Institute of Retail Management in Chennai, which is a training institute for frontline staff and store managers.
Israel Defence Forces carried out air strikes, killing nine people in Gaza, following an alleged violation of the United States-brokered ceasefire deal by Hamas, CNN reported.
Industry leaders urge India to pursue diplomatic talks with the US, strengthen manufacturing, and consider China ties to gain leverage against tariff pressures.
By ensuring Myanmar remains dependent on Chinese economic and military assistance, Beijing indirectly exerts pressure on India's North Eastern states, making New Delhi's regional security strategy even more complex.
RPG Cellucom, latest venture of the RPG Group in mobility retail plans to capture three per cent of the market share with revenues of Rs 3,500 crore (Rs 35 billion) in financial year 2008-09.
Diversified corporate house RPG Group will invest an estimated Rs 13,000 crore (Rs 130 billion) on tyre, retail and power businesses in the next couple of years.
The RPG group has bought Fujitsu's 30 per cent stake in software and BPO services company Zensar Technologies.
RPG Group, which owns the Spencer's brand of retail stores, will invest Rs 1,000 crore (Rs 10 billion) for opening nearly 365 supermarkets in the next one year.
RPG Cellucom India, which currently runs over 100 stores across the country showcasing a variety of products, including phones, notebooks and other accessories, will open 400 new stores by December next year targeting Rs 2,500 crore (Rs 25 billion) turnover by March 2009. Of the new stores, "150 will come up by this year end", RPG Cellucom Chief Executive Sunil Bhagat said at the launch of the 101st store.
Amid a debate over 70-90-hour work week, the pre-Budget Economic Survey on Friday cited studies to state that spending over 60 hours a week on work could have adverse health effects. The survey noted that spending long hours at one's desk is detrimental to mental well-being and individuals who spend 12 or more hours (per day) at a desk have distressed or struggling levels of mental well-being.
The RPG group has earmarked an investment of Rs 12,000 crore (Rs 120 billion) for power and Rs 450 crore (Rs 4.50 billion) for carbon black as two of its thrust business focus areas over the next 2-3 years.
The take by the Economic Survey 2024-25 on work hour week had come weeks after Larsen & Toubro Ltd Chairman and Managing Director SN Subrahmanyan sparked off a raging debate on social media when he said employees should work 90-hour a week, including on Sundays rather than sit at home.
Harpreet Singh alias Happy Passia alias Jora, an alleged terrorist who had illegally entered the US, was arrested by the FBI and US Immigration and Customs Enforcement's Enforcement and Removal Operations in Sacramento.
A video post on Reddit, which has since gone viral, shows the L&T chief saying, 'I regret that I am not able to make you work on Sundays, to be honest. If I can make you work on Sundays, I will be more happy because I work on Sundays also.'
Siddharth Roy Kapur's RKF aims to raise around $50 million by offering up to a 50 per cent stake in the company.
Weighing in on the 90-hour workweek controversy, ITC Ltd chairman Sanjiv Puri said that it is more important for the workers to be aligned to the grander vision of the company rather than the number of hours put in. Giving an analogy of many workers building a castle, he said, "If you ask a mason what he is doing, he might say he is laying a brick, another might say he is building a wall but some might say he is building a castle.
Fostering kindness doesn't require grand gestures; even the smallest acts can create a ripple effect, cultivating a more harmonious and effective work culture.
Singh, who opened up the economy as finance minister and served as prime minister for two consecutive terms, died on Thursday at the age of 92. "History will forever honour his pivotal role in the transformative 1991 reforms that reshaped India and opened its doors to the world.
RPG Life Sciences said on Wednesday it will undergo a restructuring process, wherein its pharmaceutical business and investments will be transfered to two of its group companies.
Industry leaders including Google's India-born chief executive Sundar Pichai on Wednesday mourned the death of Ratan Tata, saying the veteran industrialist cared about making India better. "He leaves an extraordinary business and philanthropic legacy and was instrumental in mentoring and developing the modern business leadership in India. He deeply cared about making India better," Pichai said in a post on X. Pichai recalled that his last meeting with Tata was at Google's office where they spoke about the progress of self-driving car Waymo.
Sources in the group said it was exploring the opportunities in Indonesia for acquiring coal blocks as well.
For the past few days, Tata had been admitted to the Breach Candy Hospital in south Mumbai.
But the officials are still interrogating him about his last destination before reaching Delhi.
The split of the Rs 19,000-crore (Rs 190 billion) RPG empire is now complete, with Rama Prasad Goenka's younger son, Sanjiv Goenka, on Wednesday stepping out of the shadow of the umbrella brand that traces its history to 1820.
Two Central Reserve Police Force personnel also sustained injuries during the heavy exchange of fire that happened at Jakurador Karong in the Borobekra sub-division, they said.
'The markets will correct, and they are bound to correct. The boom will turn into bust.' 'When this bust happens, people would lose like they have lost in the past.' 'Whatever you have made possibly in the last couple of years, you may lose in a couple of weeks. That's very much possible.'
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances