News for 'Rs 500 Crore'

'Koi mai ka laal...': FM's strong retort to Rahul's 'sold India' remark

'Koi mai ka laal...': FM's strong retort to Rahul's 'sold India' remark

Rediff.com11 Feb 2026

Finance Minister Nirmala Sitharaman launched a strong attack on Rahul Gandhi and the Congress party, accusing them of compromising India's interests on the world stage and selling out farmers and the poor during their time in power.

CBDT Eases GAAR Concerns for Investments Made Before April 2017

CBDT Eases GAAR Concerns for Investments Made Before April 2017

Rediff.com1 Apr 2026

The Income Tax Department has clarified that income from the transfer of investments made before April 1, 2017, is excluded from the scope of the General Anti-Avoidance Rules (GAAR), addressing industry concerns about retrospective application.

Govt clears IKEA's Rs 10,500 crore FDI proposal

Govt clears IKEA's Rs 10,500 crore FDI proposal

Rediff.com2 May 2013

The government on Thursday formally allowed Swedish furniture major IKEA to invest Rs 10,500 crore for setting up single brand retail stores to sell mostly home furnishing items.

Air India to get equity infusion of Rs 5,500 crore

Air India to get equity infusion of Rs 5,500 crore

Rediff.com17 Feb 2014

The Bureau of Civil Aviation Security was allocated Rs 40 crore (Rs 400 million) for procurement of security and IT items along with radiological detection equipment.

Spice plans Rs 500 cr education initiative

Spice plans Rs 500 cr education initiative

Rediff.com25 May 2009

As part of the initiative, the group will launch around 100 courses, both professional and vocational, to cater to people in small cities. The company hopes that the initiative, which is at the the planning stage currently, would begin by the year-end.

State Bank of India led MF buys in July with Rs 10,000 crore QIP bet

State Bank of India led MF buys in July with Rs 10,000 crore QIP bet

Rediff.com16 Aug 2025

Mutual funds (MFs) - flush with cash amid record inflows in July - invested heavily in the Rs 25,000-crore qualified institutional placement (QIP) of India's largest lender State Bank of India (SBI). Fund managers acquired SBI shares worth Rs 10,200 crore last month, making the lender their biggest buy in July.

PhysicsWallah sets IPO price band at Rs 103-109/share

PhysicsWallah sets IPO price band at Rs 103-109/share

Rediff.com7 Nov 2025

Edtech unicorn PhysicsWallah on Thursday fixed a price band of Rs 103-109 per share for its upcoming initial public offering (IPO), aiming for a valuation of over Rs 31,500 crore at the upper end. The company's Rs 3,480-crore maiden public offering will open on November 11 and conclude on November 13 and anchor investors will be allocated shares on November 10, according to its public announcement.

Stock Markets Today March 27, 2026: Sensex tanks 927 points, Nifty50 Falls To 23,025

Stock Markets Today March 27, 2026: Sensex tanks 927 points, Nifty50 Falls To 23,025

Rediff.com27 Mar 2026

Benchmark indices Sensex and Nifty tumbled in early trade on Friday after a two-day rally, tracking a weak trend in global peers, as the US-Iran conflict continues to be a key overhang for the markets. Track Sensex, Nifty50 movement and key market drivers for March 27, 2026.

Indians have Rs 500 lakh crore black money: Ramdev

Indians have Rs 500 lakh crore black money: Ramdev

Rediff.com2 Mar 2011

Claiming that black money to the tune of Rs 500 lakh crore (Rs 500 trillion) was stashed by Indians in foreign banks, yoga guru Baba Ramdev has advocated for bringing that money back home.

Thousands Brave Rain for Jammu's Inaugural International Marathon

Thousands Brave Rain for Jammu's Inaugural International Marathon

Rediff.com29 Mar 2026

Thousands of runners participated in Jammu's first international marathon, braving incessant rain. The event featured multiple race categories, celebrity participation, and a significant prize pool, aiming to boost tourism and promote a healthy lifestyle.

2017-18 divestment proceeds may exceed Rs 72,500 crore

2017-18 divestment proceeds may exceed Rs 72,500 crore

Rediff.com31 Oct 2017

For first time in 8 yrs, stake sale proceeds could exceed Budget Estimates. ONGC's acquisition of HPCL alone could get the exchequer more than Rs 30,000 crore.

Kerala Elections 2026: Can An 80-Year-Old Marxist Score A Hat-Trick?

Kerala Elections 2026: Can An 80-Year-Old Marxist Score A Hat-Trick?

Rediff.com7 Apr 2026

Kerala's 2026 assembly election will see a three-cornered contest where religion and communalism have emerged as central themes for the first time, challenging the state's long-celebrated secular fabric.

Wipro close to Rs 1,500-crore IT deal with Etisala

Wipro close to Rs 1,500-crore IT deal with Etisala

Rediff.com12 Aug 2009

If the deal goes through, this would be the second largest deal for Wipro in the telecom space. Earlier in April, the IT major bagged a Rs 2,500-crore (Rs 25 billion) contract from another new operator, Unitech Wireless. Importantly, Wipro will be pipping seven other IT vendors, including IBM and Tech Mahindra, who were also in discussions with Etisalat, according to sources.

Budget: Farm sector seeks Rs 500 cr

Budget: Farm sector seeks Rs 500 cr

Rediff.com11 Jan 2005

Agriculturists on Tuesday asked Finance Minister P Chidambaram to consider a Rs 500 crore (Rs 5 billion) revolving fund in the forthcoming Budget to enable Food Corporation of India

ITC plans Rs 500 cr paperboard plant

ITC plans Rs 500 cr paperboard plant

Rediff.com19 Sep 2005

In variance with the general trend of Indian companies making forays abroad, private sector giant ITC has made it clear that its focus would be India and unveiled ambitious plans, including setting up of a Rs 500 crore (Rs 5 billion) paperboard plant

Urban Company, 12 others get Sebi nod to launch IPOs

Urban Company, 12 others get Sebi nod to launch IPOs

Rediff.com2 Sep 2025

As many as 13 firms, including Urban Company, which provides app-based beauty and home services, and Imagine Marketing, the parent of wearables brand boAt, have secured Sebi's approval to launch initial public offerings (IPOs), according to the regulator's update on Tuesday.

SABMiller to invest Rs 500 cr for expansion

SABMiller to invest Rs 500 cr for expansion

Rediff.com27 Jun 2007

Looking to cash in on the burgeoning beer consumption in India, the United Kingdom-based SABMiller will invest around Rs 500 crore (Rs 5 billion) to expand production capacities at its breweries in the country.

Govt to infuse Rs 14,500 crore in 4 banks, issue recapitalisation bonds

Govt to infuse Rs 14,500 crore in 4 banks, issue recapitalisation bonds

Rediff.com1 Apr 2021

Zero-coupon bonds don't give out interest but are issued at a deep discount to the face value, making it difficult to ascertain the net present value.

What NSA Ajit Doval Told 16 Prominent Indian Muslims

What NSA Ajit Doval Told 16 Prominent Indian Muslims

Rediff.com28 Apr 2026

'I cannot imagine that any NSA before Ajit Doval would have given us this kind of time and this kind of engagement. They would have offered slogans, or nothing at all. That, too, tells you something.'

Delphi-TVS to invest Rs 500 cr

Delphi-TVS to invest Rs 500 cr

Rediff.com14 Jan 2006

Diesel fuel injection systems supplier Delphi-TVS on Saturday said it would invest Rs 500 crore (Rs 5 billion) to manufacture common rail fuel injection systems and set up a technical centre in Chennai for product development.

India Can Lead in Technology Diffusion to Reach Millions, Says Wadhwani Foundation CEO

India Can Lead in Technology Diffusion to Reach Millions, Says Wadhwani Foundation CEO

Rediff.com26 Mar 2026

Ajay Kela, CEO of Wadhwani Foundation, highlights India's significant opportunity to lead in the diffusion of technology, creating national-scale use cases that reach millions of end-users. He also discusses the role of deep-tech startups and SMEs in job creation and the importance of upskilling initiatives.

Stree 2 Enters Rs 300 Crore Club

Stree 2 Enters Rs 300 Crore Club

Rediff.com23 Aug 2024

It has crossed the Rs 300 crore (Rs 3 billion) mark in just eight days (plus paid previews) and in the process, emerged as one of the fastest ever to reach this milestone.

In 1st visit to Manipur since 2023, PM to unveil Rs 8,500 cr projects

In 1st visit to Manipur since 2023, PM to unveil Rs 8,500 cr projects

Rediff.com11 Sep 2025

Prime Minister Narendra Modi is scheduled to inaugurate and lay foundation stones for development projects worth Rs 8,500 crore in Manipur on September 13. This visit marks his first since the outbreak of ethnic violence in May 2023.

Smart Money Tips Every Woman MUST READ

Smart Money Tips Every Woman MUST READ

Rediff.com5 Mar 2026

'Money is not just about greed or accumulation. It gives you freedom, dignity and choice. And you have every right to all three.'

PAN requirement: Titan sees Rs 500-cr hit on sales this fiscal

PAN requirement: Titan sees Rs 500-cr hit on sales this fiscal

Rediff.com7 Jan 2016

In FY 2014-15, Titan Co had reported a revenue of Rs 11,903.21 crore.

3G bids: Govt to get at least Rs 25,500 crore

3G bids: Govt to get at least Rs 25,500 crore

Rediff.com21 Apr 2010

The government would rake in at least Rs 25,500 crore (Rs 255 billion) from the auction of third generation (3G) spectrum as the pan-India licence on the ninth day reached a bid of Rs 6,354.23 crore (Rs 63.54 billion), up 81.5 per cent from the base price of Rs 3,500 crore (Rs 35 billion).

EMC to invest Rs 7,500 crore in India

EMC to invest Rs 7,500 crore in India

Rediff.com10 Sep 2009

Storage solutions provider EMC has announced that it will invest $1.5 billion (approximately Rs 7,500 crore) in India over the next five years. This is a three-fold increase when compared with the investment made by the company over the last five years, thus taking the cumulative investment in India to $2 billion, Executive Vice-President and Chief Financial Officer David Goulden said in Bangalore.

Rinku Singh lands key role in UP government setup

Rinku Singh lands key role in UP government setup

Rediff.com25 Mar 2026

Uttar Pradesh Chief Minister Yogi Adityanath has appointed cricketer Rinku Singh as a Regional Sports Officer, recognising his achievements in cricket, including his IPL success and contributions to the Indian national team.

Apollo Tyres plans Rs 500 cr TN plant

Apollo Tyres plans Rs 500 cr TN plant

Rediff.com21 Nov 2006

Tyre maker Apollo Tyres is set to expand its operations through a greenfield project in Tamil Nadu at a cost of Rs 500 crore

Amit Shah woos Bihar voters with defence corridor, factories

Amit Shah woos Bihar voters with defence corridor, factories

Rediff.com3 Nov 2025

Union Home Minister Amit Shah promised a defence corridor and factories in each district of Bihar if the NDA wins the upcoming elections. He also outlined plans for flood control, infrastructure development, and revival of sugar mills.

Now diamond @ Rs 500!

Now diamond @ Rs 500!

Rediff.com15 Apr 2005

Vedanta likely to sell copper plant in Tamil Nadu for Rs 4,500 crore

Vedanta likely to sell copper plant in Tamil Nadu for Rs 4,500 crore

Rediff.com29 Jun 2023

Vedanta Ltd, which is planning to restart its copper plant in Tamil Nadu, is weighing the option to sell the unit at a valuation of up to Rs 4,500 crore, banking sources have said. The company had sought expressions of interest (EoIs) for the plant in June last year but did not get a good response as the unit was shut for the last five years. "The process has now restarted with the bankers reaching out to potential bidders," said a banker.

48 killed in over 2,500 encounters in UP this year, highest in 8 years

48 killed in over 2,500 encounters in UP this year, highest in 8 years

Rediff.com31 Dec 2025

Uttar Pradesh Police data reveals a significant increase in the number of alleged criminals killed in encounters in 2025, along with details of actions against illegal religious conversions, cow smuggling, and property recoveries.

Tata Steel Q1 profit more than doubles to Rs 2,007 crore

Tata Steel Q1 profit more than doubles to Rs 2,007 crore

Rediff.com30 Jul 2025

Tata Steel's consolidated net profit more than doubled to Rs 2,007.36 crore during the June quarter, on account of "increase in net steel realisations and the planned cost-takeouts" across geographies. The Tata Group entity had posted a net profit of Rs 918.57 crore in the year-ago period.

DMK hits TN BJP chief Annamalai with Rs 500 cr legal notice

DMK hits TN BJP chief Annamalai with Rs 500 cr legal notice

Rediff.com16 Apr 2023

The ruling Dravida Munnetra Kazhagam in Tamil Nadu has slapped a legal notice on state Bharatiya Janata Party chief K Annamalai over his graft allegations against the party, its president and Chief Minister M K Stalin, and demanded an apology and damages to the tune of Rs 500 crore.

Chennai flood insurance claims estimated at Rs 500 cr

Chennai flood insurance claims estimated at Rs 500 cr

Rediff.com3 Dec 2015

Insurance companies are anticipating claims of at least Rs 500 crore from the incessant rains and flooding in Chennai.

VAT: Rs 500 cr drug stocks pile up

VAT: Rs 500 cr drug stocks pile up

Rediff.com11 Jun 2005

Govt spending Rs 14,500 crore on airports before 'privatising' them

Govt spending Rs 14,500 crore on airports before 'privatising' them

Rediff.com1 Oct 2021

With six airports handed over to the Adani group for 50 years, the government is now all set to hand over another 25 airports to private players in a bid to 'monetise' them. Official figures reveal that since 2017-18, the government has spent and will be spending Rs 14,500 crore on significantly revamping infrastructure at most of these airports before handing them over to private players. The Airports Authority of India (AAI), which operates these airports for the government, has spent billions of rupees in building new terminal buildings, runways, reinforcing taxiways, upgrading aircraft landing systems, radars and a host of other heavy duty and capital intensive infrastructure works.