After a long wait, the Shapoorji Pallonji Group has closed the sale process of its consumer durables business under the Eureka Forbes label by picking the American private equity fund Advent International's Rs 4,400-crore offer for a 72 per cent stake. The sale process, which began in November 2019, will help the over 156-year-old SP Group pair the debt pile and sharpen the focus on the flagship construction and engineering business under Afcons. The valuation of Rs 4,400 crore for a 72.56 per cent stake is is at an enterprise level and subject to closing adjustments and also includes an open offer for the remaining stake after the demerger and listing of Eureka Forbes, the SP group said in a statement on Sunday.
Malayalam cine actor Shweta Menon, who chose not to proceed further after accusing a Congress MP of molesting her, had claimed in her statement to the police that she was repeatedly touched by him.
These pictures will blow your Monday blues away!
Chase those blues away with a trip to Aishwarya Rai Bachchan's Instagram page.
In a career of eight years, the actor -- who turned 33 on May 16 -- already has an impressive oeuvre.
Joginder Tuteja looks at the newcomers, who will make up the Class of 2021.
Jeetendra is a grandfather once more!
Candidates projecting themselves as victims and the BJP's 11-year-itch
Twelve contestants will put their dancing skills to test as the new season starts next month.
'Who wouldn't want to dress up like a princess every morning?' Shweta Prasad Basu gets ready to play one in her new TV show.
These stylish accessories are all you need to add some oomph to your look this festive season.
Shweta Bhatt, the wife of suspended Indian Police Service officer Sanjiv Bhatt, on Friday announced that she will contest the state assembly elections on a Congress ticket against Gujarat Chief Minister Narendra Modi from Maninagar constituency in Ahmedabad.
Rediff.com's Hitesh Harisinghani shows you what it takes to make these models so beautiful on the ramp.
Indian shooters won a bronze in the women's air pistol team event on the concluding day on Monday to end the third Asian Air Gun Championship at Doha with eight medals, including three gold.
The big cities have been covered and the roll-out in tier-II towns has begun. The aim is to reach out to 1,100 women by the end of 2013
As Rishi Kapoor's treatment begins, his family rallies around.
Subhash K Jha picks five unforgettable Hindi films that capture the inequality of the caste system.
Born in Mumbai's infamous red-light district, Shweta Katti has won a scholarship to the Bard College, New York. This is her story.
Tackle your hair and skin problems with expert help from Dr Dinesh Jain.
Here's what your favourite celebs are up to on social media.
Ready to plan your week's binging schedule on the OTT? Sukanya Verma offers a menu full of curious offerings.
The guests have started coming in.
There are as many as three films and a Web series premiering on October 2.
Presenting pics from CSA's event The Eternal Bond.
The Jiyo Hunoon fest encouraged as many as 70 artists from over six states in India.
Borat being Borat, a girl juggling between suitors, a kid making a trip to the moon, a father and daughter spying over the latter's husband, Sukanya Verma makes her recommendations on the OTT for this week.
A look at the top tweets from your favourite Bollywood celebrities.
Rediff.com's Tista Sengupta gets models to do crazy things behind the ramp.
Haraamkhor may not appeal to the regular Bollywood audience but if you're a Nawazuddin Siddiqui fan and love watching performance-oriented films, this shouldn't be missed at all, raves Namrata Thakkar.
If Netflix and the film's producers thought they would bring younger audiences to the master's works, many who might have aversion to decades-old black and white films, they have failed with the experiment, says Aseem Chhabra.
Rahul Mahajan, son of late Bharatiya Janata Party leader Pramod Mahajan, and his estranged wife Shweta were granted a divorce on Friday by a Gurgaon court.
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