Germany-based Mutares SE & Co will acquire 80 per cent controlling stake in Mahindra & Mahindra's French unit Peugeot Motocycles. In a statement, the Mumbai-based auto major on Thursday said Mutares has submitted an irrevocable binding offer to acquire 50 per cent of equity and a controlling stake of 80 per cent in France-based Peugeot Motocycles (PMTC). As part of the deal, Purple, a fully-owned entity of Mutares Holding, would invest 7 million euros in PMTC, which would entitle it to a 50 per cent shareholding and 80.01 per cent voting rights in the French firm.
RBI recently hiked LRS limit to $125,000 or Rs 7500,000 as on Aug 19 with $/rupee rate of 60
The Blue Tigers raced to a 1-0 lead with the 21-year-old centreback Anwar scoring his maiden international goal four years after his career nearly ended on health grounds.
'Dada is a living legend, not just here but around the world. The biopic on him will be very special.'
Celebrity nutritionist and bestselling author Rujuta Diwekar explains how you can make these foods a part of your daily diet.
Kohli earns more from brand endorsements and IPL appearances than he does playing for India.
Shares of Zomato on Friday zoomed nearly 53 per cent in its debut trade against its issue price of Rs 76. The stock made its debut at Rs 115, reflecting a huge gain of 51.31 per cent against the issue price on the BSE. It then hit a high of Rs 138, a jump of 81.57 per cent.
Brand India's societal divisions and distortions have remained as much relevant in 'liberal' America and Europe as it still is in the structurally stratified Indian society of the 21st century, observes N Sathiya Moorthy.
The All India Football Federation (AIFF) on Friday got a former player as its first president in its 85-year history with Kalyan Chaubey beating the legendary Bhaichung Bhutia in the election for the top post.
We present to you a list of top five tablets based on Android and iOS platform in different price brackets.
The Qatar World Cup has delivered a rich feast of soccer for the past month
A mildly-spiced, sans too much garam masala 'hotel'-style potatoes with peas in a thick gravy that goes well with butter naans.
Barcelona are concerned about the financial clout of the Premier League when the new English television deal kicks in for top-flight clubs next season, said president Josep Maria Bartomeu.
Ten billionaires including Mukesh Ambani, Sunil Mittal are in the world's richest list.
Four Hinduja brothers -- Srichand, Gopichand, Prakash and Ashok -- had in 2014 signed on a document saying the assets held by one brother belong to all, and that each of them will appoint the others as their executors. But now family patriarch Srichand Hinduja, 84, and his daughter Vinoo want the letter to be declared of "no legal effect" and the family's assets be separated as per his wish of 2016.
Opener Quinton de Kock passed the half-century mark for the eighth time in nine innings across all formats to lift South Africa to a comfortable six-wicket victory over Sri Lanka in the fourth One-day International at St George's Park on Wednesday.
Mukesh Ambani, who runs India's most-valued business empire Reliance Industries group, also saw the highest fluctuation of about $35 billion in his net worth over the past year, even as he trailed his estranged brother Anil as the world's second-biggest wealth creator. Mukesh, however, managed to maintain a slender lead of $1 billion over Anil in terms of net worth, as per a Forbes billionaire list released on Thursday. Forbes has ranked Mukesh as world's 5th richest man.
From aadmi to andas, Bollywood songs dispense gyaan for every occasion. But nothing beats its obsession with pyaar.
Twelve days of movie madness and 36 films later, Aseem Chhabra lists his top 10 favourite films from this year's Cannes Film Festival.
Kate Winslet won her second Emmy for playing the role of Detective Mare Sheehan in Mare Of Easttown.
Since 2000, China has had the world's largest outflow of HNIs.
Led by Trent, which hit its lifetime-high recently, apparel retailers have gained between 10 per cent and 36 per cent over the past three weeks. Given the network of physical stores, these stocks shall be major beneficiaries of the unlock theme, with most states doing away with Covid restrictions. Amid improving footfall, analysts expect the sector to post double-digit growth in FY23.
'With Trump, the relationship was very transactional, whereas with President Biden it is very structured.'
Opposition leaders on Saturday lauded the Congress for its victory in Karnataka and thanked the people of the state, saying that this win has showed that 'Modi is not invincible'.
Drinking plenty of water will help keep your blood clean and reduce the build-up of excessive toxins -- cholesterol being one of them.
Unesco on Wednesday accorded heritage status to Kolkata's Durga puja festival, bringing glory to the country, with Prime Minister Narendra Modi and Chief Minister Mamata Banerjee lauding the move.
More runs from Virat Kohli. India winning the World T20 at home. A controversy-free IPL and more is what Harish Kotian/Rediff.com wants this year.
In our mystery the watchdog agencies are silent, but it is the market that has barked and has not stopped barking. Till such time as it continues to do so, this headache will not go away, notes Aakar Patel.
'Film shooting is a long process, and it is important to have a good bonding with the person you are going to spend six to eight months of your life.' 'Baaki, film toh bann jaati hain.'
Looking for an adventure escape or a soulful vacay? Here's our guide for your next solo travel jaunt.
Are you confused about where to invest your hard-earned money? Do you want to earn high returns while ensuring the security of your capital? Then here are some hot investment options that will help you maximize the returns on your investment.
Mr Modi might have questions to ask himself on the most formidable strategic challenge before India that he inherited from the United Progressive Alliance: The triangulation between China and Pakistan. The failure to break out of it, or even loosen it a bit, is something to reflect on, notes Shekhar Gupta.
Releasing a report titled 'Profiting from Pain' in Davos, the rights group further said as the cost of essential goods rises faster than it has in decades, billionaires in the food and energy sectors are increasing their fortunes by $1 billion every two days.
In 2010, the richest 80 people in the world had a net wealth of $ 1.3 trillion.
Over the past one-and-half years, the number of stocks trading below their respective face value has increased 29 per cent after a sharp correction in stocks of small-cap companies.
Tendulkar's sterling performances, his fascinating duels for supremacy with contemporaries -- Brian Lara, Ricky Ponting, Inzamam-ul Haq, Jacques Kallis among batsmen; Shane Warne, Muttiah Muralitharan, Wasim Akram among bowlers -- embellished modern cricket and globalised the game, asserts Ayaz Memon who has observed the cricketing colossus from the day he made his Test debut in November 1989.
Dnyaneshwar Nivrutti Bodke is a farmer who hates subsidies and loan waivers. He also helps other farmers turn into businessmen and earn good income from their own farms.
Mumbai, Bangalore, Kolkata are cities of global repute.
'The D K Adikesavulu clan is so wealthy, owns so many houses, and has so much jewellery,' notes T V R Shenoy, 'that it did not notice a servant stealing at the rate of Rs 66 lakh every year!'
Away from the distraction of its new high-profile politics, Wayanad's worries seemed very down to earth, discovers Shyam G Menon.
