The country's leading cement maker UltraTech on Thursday said it will acquire a 23 per cent stake in its Chennai-based rival India Cements Ltd, in a deal estimated to be around Rs 1,885 crore. As part of the transaction, UltraTech Cement will acquire 7.06 crores equity shares of India Cements at a price of up to Rs 267 per share, according to a regulatory filing from the Aditya Birla Group flagship firm.
After a marathon polling process to elect the 18th Lok Sabha that lasted for a month and a half, the results were declared on Tuesday.
'There may be some planted stories here or there, people trying to create manufactured controversies but the party is fully united. We will make sure the yatra is even more successful than it has been in other states'
The FOB where the incident took place is connected to platform number 1 and 2 of the station under Nagpur division of the Central Railway.
Several BJP-backed state governments have unveiled schemes targeting the poor, women, farmers and students, following the party's setback in the Lok Sabha polls.
Pawar is expected to play a crucial role in deciding the future course or action of the opposition alliance.
Two persons were rescued after the incident that occurred at 4.50 am in Shahbaz village, they said, adding that before the building collapsed, the authorities managed to evacuate 52 residents.
The much-delayed expansion of the 41-day-old Maharashtra ministry saw as many as 17 former ministers taking oath on Tuesday.
Amid the ongoing tussle between Maharashtra Congress chief Nana Patole and party veteran Balasaheb Thorat in the wake of recent legislative council elections, both the leaders came face to face at the party's state executive committee meeting in Mumbai on Wednesday, with both of them later claiming that everything was fine between them.
'In this assembly election, Muslims here will vote for one who works, but also one who safeguards their identity.' 'Their existence is more important they feel, than a faulty light meter. So yes, a Muslim representative will make a difference.'
Those joining Prime Minister Narendra Modi's council of ministers for the first time include three former chief ministers -- Shivraj Singh Chouhan (Madhya Pradesh), Manohar Lal Khattar (Haryana) and H D Kumaraswamy (Karnataka).
Ganesh Puja in Alibag taluka is about simplicity and minimalism. It's about quiet devotion too.
'Union Budgets are often used as political instruments and that was the intention of this government too.' 'But while the exercise has settled two fronts, it has left open several others and this has the potential to aggravate with time,' predicts Nilanjan Mukhopadhyay.
Raut said such friendly fights should happen on all 48 seats in Maharashtra as well as in Bihar and Uttar Pradesh.
Expressing grief over the tragedy, Thackeray directed the administration to ensure that those responsible for it get strict punishment.
Furniture retailer Ikea India on Thursday said it will shut down its store in Mumbai's R City Mall by the middle of this year and explore omnichannel formats in the city. The store at R City Mall, which is spread across 72,000 sq ft, opened in June 2022 to test the viability of small-format stores. The company's plan to shut down the store illustrates the concerns surrounding the viability of running a small-format store, given the rising rentals.
A summary of Indian athletes' showing at the Paralympics in Paris on Saturday.
Independence Day was celebrated across states and Union territories on Thursday, as several chief ministers announced job schemes while some others vowed their support for Prime Minister Narendra Modi's vision of a Viksit Bharat by 2047.
If the decline reflects a loss of faith in the democratic process, even a well-executed social media nudge may not help.
Maharashtra Chief Minister Uddhav Thackeray on Wednesday said the areas dominated by Marathi-speaking people on the state's border with Karnataka should be declared as a Union territory till the Supreme Court gives its final verdict on the issue.
Industrial disputes dropped 89.3 per cent to 34 in 2022 compared to 318 a decade ago, shows central and state data.
This, my friends, is the ultimate off-road champion, gloats Rajesh Karkera/Rediff.com.
The mortal remains of Congress MP Rajeev Satav, who died after recovering from COVID-19, were consigned to flames with state honours at his native place Kalamnuri in Maharashtra's Hingoli district.
'We don't believe in the BJP. But the Congress has no main leader who is credible.'
Cops also called Manorama, her husband Dilip and three others, all shown as accused in the FIR, as "influential and politically active" persons, in the court in Paud that remanded Manorama in police custody till July 20.
'INDIA will easily cross 50 seats out of 90 in Jammu and Kashmir.'
Maharashtra government has agreed to buy electricity from the Dabhol power project at Rs 5.01 per unit and the plant is likely to be re-started by the middle of next month.
His political career began with his involvement in the Rashtriya Swayamsevak Sangh and he later became a member of the Shiv Sena.
Maharashtra on Monday said the LNG pipeline for supplying gas to the beleaguered Ratnagiri (erstwhile Dabhol) power plant would be completed by April this year after which the cost of power would work out to be Rs 3 per unit.
The Maharashtra Bharatiya Janata Party on Friday posted a four-year-old video of its leader and former chief minister Devendra Fadnavis announcing that he will return to helm the state, prompting speculation in political circles.
The death toll of the blast at an explosives factory near Nagpur city rose to seven on Friday evening with another worker succumbing during treatment even as the owner and manager of the factory got bail soon after arrest.
The central probe agency will now be able to question these accused in custody and also confront them with kingpin Rockey alias Rakesh Ranjan who was arrested on Thursday.
Several deaths were reported across the country due to rain-related incidents like lightning strikes and drowning.
Sources within the INDIA bloc said appointing Nitish Kumar as convenor would lend credibility to the INDIA bloc's demand for conducting a nationwide caste census.
There is little doubt that the prime minister's own charisma exceeds that of his party, but 2024 is proof that no party can ultimately depend on one person to deliver victory all the time, points out R Jagannathan.
A summary of India's athletes' showing at the Paris Paralympics on Tuesday.
Power generating companies (gencos) that use imported coal to produce electricity, may find it difficult to switch on their idle units immediately in the wake of high fuel costs, several players have told Business Standard. Recently, the Union power ministry had invoked Section 11 of the Electricity Act mandating all imported coal-based plants to generate power at full capacity. However, some generating companies that use imported coal, argue that it is simply unviable for them to produce power when the price of coal in the international market is high, while the per-unit price of power has been capped at Rs 12 per unit on the domestic power exchange.
Bharatiya Janata Party's National Democratic Alliance partners have got five cabinet ministerial berths in the third term of Prime Minister Narendra Modi, as against none in the outgoing government, given the party's dependence on allies for a majority in the Lok Sabha.
