Kirloskar Brothers Ltd (KBL), led by Sanjay Kirloskar, on Tuesday accused four firms under his brothers Atul and Rahul of trying to "usurp" its legacy of 130 years and trying to mislead the public, which has been refuted by the other side. As the family feud simmers, KBL in a letter to capital markets regulator Sebi claimed that recent press releases by Kirloskar Oil Engines Ltd (KOEL), Kirloskar Industries Ltd (KIL), Kirloskar Pneumatic Company Ltd (KPCL) and Kirloskar Ferrous Industries Ltd (KFIL) "have sought to usurp the legacy" of KBL. Also, they attempted to pass off the legacy and track record of KBL as that of their own, the letter said.
The BJP could win only 16 out of 57 seats where Shah campaigned.
>The BJP's star campaigner could not help even half the number of candidates for whom he campaigned in his aggressive 'Didi-o-Didi' style in Bengal
The Union Cabinet has cleared a proposal to provide Rs 30,600 crore government guarantee for security receipts issued by the National Asset Reconstruction Company (NARCL) as part of resolution of bad loans, Finance Minister Nirmala Sitharaman said on Thursday. The proposed bad bank or NARCL will pay up to 15 per cent of the agreed value for the loans in cash and the remaining 85 per cent would be government-guaranteed security receipts. The government guarantee would be invoked if there is loss against the threshold value.
Joginder Tuteja offers us a sneak preview of the coming attractions on OTT platforms
Though Amitabh Bachchan has been seen as an Angry Young Man, thanks to the kind of action films he did in the 1970s and 1980s, he has done quite a few suspense thrillers.
Make sure that the waiting period on pre-existing diseases does not exceed two years. Avoid policies that come with room rent and ICU capping, suggests Sanjay Kumar Singh.
The camaraderie between Paresh Rawal and Rishi Kapoor makes Patel Ki Punjabi Shaadi a strictly one-time watch.
1997: Sukanya Verma offers a recap of its memorable imagery.
A summary of Day 2 action in the Ranji Trophy matches, played at various venues across the country.
HNI investors need an optimal mix of oversubscription and listing-day gain to make money on leveraged bets, notes Sanjay Kumar Singh.
Allaying investors' fears, Franklin Templeton AMC has said Sebi's order prohibiting the company from launching new debt funds will have no bearing on existing schemes managed by it. Sebi on Monday barred Franklin Templeton Asset Management (India) from launching any new debt scheme for two years and imposed a penalty of Rs 5 crore for violating regulatory norms in the case of winding up of six debt schemes in 2020. Also, it has been asked to refund investment management and advisory fees of over Rs 512 crore (including interest) collected with respect to the six debt schemes. This amount will be used to repay unitholders, as per Sebi order.
India Inc on Friday said it is looking forward to a repo rate cut in future as cost of funds has to come down in coming times, and expects continuation of accommodative policy stance by the Reserve Bank of India (RBI). The RBI decided to leave the benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance, as the economy faces the brunt of the second COVID-19 wave. Sanjay Aggarwal, president of PHD Chamber of Commerce and Industry, said the RBI has maintained an accommodative stance as long as necessary to revive and sustain growth on a durable basis and to mitigate impact of COVID-19, apart from an aim to keep inflation within the target.
Even if the bull run may continue, most experts say some profit booking is called for, points out Sanjay Kumar Singh.
There are all sorts of genres on OTT, ready to cater to all of one's moods.
India's premier Test batsman Cheteshwar Pujara will play for Team Zalawad Royals in the inaugural Saurashtra Premier League.
To overcome your fear of the property being taken over, draw an ironclad agreement with a good lawyer's help, recommends Sanjay Kumar Singh.
Within hours of assuming office, West Bengal Chief Minister Mamata Banerjee on Wednesday initiated a major reshuffle in the police hierarchy, transferring 29 top-level police officers, mostly those who were shifted by the election commission prior to the polls.
The trailer is so gripping that you know something interesting is bound to happen, feels Syed Firdaus Ashraf.
Despite Gaikward's brilliance, Maharashtra could not qualify for the knockout stages of the competition.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Stick to low-cost ULIPs launched in the past few years. Go with an insurer with a good investment team and solid track record of long-term returns, suggests Sanjay Kumar Singh.
The Supreme Court on Thursday voiced serious concern over the running of fake news on social media platforms and web portals, and said even news shown in a section of channels bears communal tone, which may bring a bad name to the country.
Shah Rukh and Gauri Khan, reveals Subhash K Jha, are looking at other directors for their daughter's debut.
When looking for alternatives, consider several parameters -- your investment horizon and liquidity requirement, post-tax returns, and risk.
The first and most important check you must run is to see if you have adequate life cover.
The hits and misses of the week.
Why Ritesh Deshmukh loved playing Aladin in his forthcoming film.
IndiGo's president and director Aditya Ghosh apologised for the incident and said stern action was taken against an airline staff for manhandling the passenger.
Varun Dhawan's winning streak at the box office continues.
Sujoy Ghosh has put behind the debacle of Home Delivery as he excitedly moves onto his next offering Aladdin starring Amitabh Bachchan, Sanjay Dutt, Riteish Deshmukh and Jaqueline Fernandes.
'In this election, the only thing that is going to matter is which caste aligns with which coalition.'
Annual premiums do not exceed what you readily shell out for an OTT subscription.
The hits and misses of the week.
Relationship problems? Let Love Guru help.
Vinod Mirani gives us his weekly verdict.
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