The troubles regarding Indian Premier League doesn't seem to end as Sahara Pune Warriors failed to pay the full franchise fee for the current year which resulted in BCCI encashing the bank guarantee casting a shadow on its future in the cash-rich league in coming years.
Unless Naresh Goyal pulls the proverbial rabbit out of his hat or reveals an unexpected ace of spades, the airline he built from scratch - many refer to it as "his baby" - may slip out of his grasp, says Anjuli Bhargava.
Kedar Jadhav blasted an unbeaten run-a-ball century as Maharashtra produced a powerful batting display to post 339 for 3 against Uttar Pradesh on Day 1 of the Ranji Trophy Group B match, in Pune, on Friday. Jadhav (102) hit as many as 20 boundaries in his 102-ball innings, while Harshad Khadiwale (68) and Sangram Atitkar (80) laid the foundation with brilliant half-centuries.
After investing in motorsports and football, Indian cricket team captain Mahendra Singh Dhoni has now lent his support to Indian hockey after buying the Ranchi franchise of the Hockey India League (HIL).
India does not have a unified regulatory regime to counter Ponzi, or pyramid, schemes whose operators typically grab new deposits to meet their promise of guaranteed returns to existing savers, point out Manoj Kumar and Mayank Bhardwaj.
Most of India knows Deep Sidhu as the man who planted the Sikh religious flag on Red Fort.
Amount more than twice the size of Sahara's; collective investment scheme operator has 3 months to return money and wind up.
Under Section 71 of the legislation, which took effect this month, corporate bond issuers have to create a debenture redemption reserve equivalent to at least 50% of a planned bond sale before the maturity of the security.
Embattled Indian business tycoon Vijay Mallya on Friday made a rare public appearance in the United Kingdom as he attended the free practice sessions ahead of Sunday's British Grand Prix, in Silverstone.
Top leaders from India Inc may be busy throughout the year, but they too have a very strong social life beyond work.
Pune and Kochi are the two teams for the forthcoming editions of the Indian Premier League, commissioner Lalit Modi announced in Chennai, on Sunday. Sahara successfully won the Pune franchise after they bid the highest amount of US $370 million, while the Kochi team was won by a consortium Rendezvous Sports for a whopping amount of $333 million.
Rejecting the demand for sacking Transport Minister Madan Mitra arrested in Saradha scam case, West Bengal Chief Minister Mamata Banerjee on Saturday stepped up her attack on Narendra Modi saying "if image is a proof of criminal conspiracy, then the Prime Minister should be arrested for Sahara scam."
After dropping "Kolkata" from Indian Premier League team Kolkata Knight Riders, actor Shah Rukh Khan has started discussions with Nokia, Sahara, the Anil Ambani group, and several other companies to sell the team he bought just over a year ago for Rs 300 crore, and exit the business.
The attackers, wearing 'Volunteer' badges, targeted vans belonging to NDTV, TV Today, Times Now and Sahara Samay, besides damaging the cameras of a leading Bengali news channel 24-Ghanta, accusing the media of not properly highlighting the losses suffered by the traders in the fire.
Jet Airways announced the launch of a new all-economy, no-frills service called Jet Airways Konnect starting May 8.
Inter-ministerial group to meet on Thursday to finalise model concession pact.
GoAir reluctant to respond to overtures.
About 85% of complaints received were related to investments of less than Rs 10,000 each.
R-ADAG has taken on board Ashutosh, the business head of Sahara One and Entertainment's Hindi movie channel Filmy, as the COO for its upcoming movie channels.
Jet is believed to be in talks with leading private equity players.
Jet's supremacy has now been challenged by a nimble and aggressive Kingfisher which, in just two years and following Mallya's buyout of Air Deccan, is commanding the same market share as Jet Airways and Jetlite.
The success of the auction may not be more than a little step in Pearls Agrotech Corp's recovery process of over a Rs 49,100 crore plus interest
Airfares of most major airlines will go up by Rs 150 per sector from Friday, as the carriers plan to levy a traffic congestion surcharge.
Tamal Bandyopadhyay discusses his latest book Bandhan: The Making of a Bank at Bandhan headquarters in Kolkata.
The court will hear Sahara case on July 14.
Delhi court to hear Subrata Roy's IT case on June 1.
The report said India continues to experience attacks by 'Pakistan-based terrorists'.
UB Group chairman and Rajya Sabha member Vijay Mallya and Air Sahara chief executive officer U K Bose were on Monday honoured with the Distinguished Fellow Award, 2003.
.jpg)
Diageo, which recently coughed up a total of Rs 18,000 crore (Rs 180 billion) to take majority control of USL, seems to have a lot of faith in him.
India's limited-overs skipper Mahendra Singh Dhoni has offered his support to Amrapali residents protesting in wake of the company's failure to complete the project, saying that promises made to the people should be met, irrespective of the problems being faced by the real estate group. The first phase of project 'Sapphire', launched in 2009, at Noida Sector 45 has been completed, but civil and electrical work in many towers is yet to be done. Amidst the chaos, Dhoni received outbursts among the Amrapali residents, who took to social media asking the skipper to disassociate himself as its brand ambassador. "At times you have situation where the expectation levels are not met. It is something that keeps on happening. So we will see what can be done. We will get in touch with Amrapali people and see what exactly is happening. If you see the economy rate, it is quite tough for the builders as of now. But at the same time, whatever is promised irrespective of where they stand, I think it needs to be met," Dhoni, who is the brand ambassador of Amrapali, told the media here.
Doubts about Force India being able to race at Spa, the first Grand Prix since the August break, emerged on Wednesday with reports of legal complications.
A summary of sports events and persons who made news on Thursday.
Jet Airways on Thursday said it would introduce more flights on both its domestic and international networks.
Following the entry of Tata-SIA and AirAsia into the Indian aviation market, the domestic aviation industry is seeing increased interest from private entities.
Few top honchos of India Inc did very well in 2014.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances