The delivery of Freedom251 smartphones is expected to start in April after which the company will start the second round of bookings.
The proposed company, Yu Televentures, will import handsets from China and sell in the Indian market.
The Economic Offences Wing (EOW) of the Mumbai city police is expected to file a First Information Report (FIR) against Jignesh Shah, promoter of Financial Technologies and vice-chairman of National Spot Exchange (NSEL), and former senior management officials in connection with the current payment crisis.
Always avoid companies that promise assured returns that are too good to be true.
'When Pinnacle Trust bought the stake of Supreme Energy, it included a liability of Rs 640 million. The purchase was at a fair market value (prevailing price) of Rs 8.80 per share,' Deepak Kochhar said in a telephonic conversation with Business Standard.
BK Modi-promoted group registers company 10 days before the deadline
The airline, part of Vijay Mallya-led UB Group, has been grounded since October 2012, after being bogged down by huge and mounting losses.
Government planning to slash the number of days required to start a business in Mumbai, Delhi from the current 26.
Departments of electronics, excise, I-T launch probe into Rs 251 smartphones
The Ministry of Corporate Affairs ordered the inspection of the books of accounts of NSEL and Financial Technologies India Ltd to ascertain if any rules under the Companies Act were violated, a senior official said.
Currently the average expected time of arrival for Ola vehicles is five minutes.
A section of members from the National Cricket Club (NCC), one of the affiliated voting units of the Board of Control for Cricket in India (BCCI), questioned as to how late Jagmohan Dalmiya's son Avishek represented the club at the Special General Meeting of the BCCI on Saturday.
The move is aimed at making transmission of securities in both dematerialised and physical modes more efficient and investor friendly.
The decision is keenly awaited as it would determine the course of Pakistan's polity and with it Sharif's. An adverse decision may result in Sharif's disqualification, or even snap elections.
'The Chinese outdid them in the price game and turned the competitive dynamics at the lower end of the handset market from price to value.'
The three promoters - Anil Kumar Sharma, Ajay Kumar and Shiv Priya - had diverted Rs 1,500-1,600 crore through bogus methods like loans and advances between group firms at inflated rates.
The company might look to reduce workforce in its mobile phone division.
The London Commercial court has granted Tata Sons a period of 23 days, starting July 27th 2016, to apply to set aside the exparte order
Limit your investment in cryptocurrencies and make sure you have current holdings in your own custody until regulatory cloud blows over, experts tell Sanjay Kumar Singh.
The shares - close to 30% of the total holding - are expected to list on rival National Stock Exchange on or around February 3.
Almost a year after announcing a $4 billion deal, Sun Pharmaceutical Industries on Tuesday said merger of Ranbaxy with itself has been 'consummated.'
The recent default on deposit payments by a couple of Yash Birla Group companies has brought to surface difficulties an investor has to face in recovering his money.
Those evading taxes could soon find tax officials at their doorstep, with a rather insightful account of their big purchases.
Ratan Tata has invested his own money into 3 high-growth online retail firms, which are yet to make a profit.
The court's direction came after the counsel appearing for the Indian National Congress informed it that the party needed time to follow the March 11 order by which the documents were sought.
The Central Board of Direct Taxes is set to rationalise I-T rules.
The investigative agency plans to file a second chargesheet, naming more perpetrators in the Saradha scam.
FY14 profit halves, dips to 4-yr low
It quickly went from being a darling of investors to a liability
On August 13, Bombay High Court lifted the ban on nine variants of the fast food.
Sahara Group chief Subrata Roy will not be allowed to leave the country with the Supreme Court today refusing to relax its order restraining him from going abroad till his company furnishes details of refunding Rs 20,000 crore of investors money.
'The web of transactions is so complex that it requires expertise to understand the strategies involved in each fraud.'
The strategy these online marketplace companies follow in the next few months will determine whether Amazon gets to be the leader in 2017.
RPTs are globally recognised as an important component of the ease of business index.
The man who owns close to 94 per cent of the shares of Patanjali Ayurved, an unlisted company, does not, however, take a salary or receive dividends.
AirAsia India began operations in June 2014.
Uber India has readied itself for another $500 million (Rs 3,300 crore) investment in the next three months.
'Put the assets of PMC Bank and the personal assets of the HDIL promoters and head of PMC Bank in an escrow account and ring-fence it from the ad hoc action of the revenue departments and creditors,' recommends Debashis Basu.
Suspended BJP MP Kirti Azad targeted more politicians, including party MP and BCCI secretary Anurag Thakur, involved in cricket governance.
Take a look at the 10 biggest IT deals ever.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances