News for 'acquire'

Prudential to acquire 75% stake in Bharti Life Insurance for Rs 3,500 crore

Prudential to acquire 75% stake in Bharti Life Insurance for Rs 3,500 crore

Rediff.com5 days ago

Prudential plc has announced its acquisition of a 75 per cent stake in Bharti Life Insurance for approximately 3,500 crore, a strategic move to secure majority ownership in the Indian life insurance market. This acquisition necessitates Prudential reducing its holding in ICICI Prudential Life Insurance to below 10 per cent.

IPL: Lakshmi Mittal, Adar Poonawalla acquire majority stake in Rajasthan Royals

IPL: Lakshmi Mittal, Adar Poonawalla acquire majority stake in Rajasthan Royals

Rediff.com3 May 2026

Lakshmi N. Mittal and his son Aditya Mittal, along with Adar Poonawalla, have acquired a majority stake in Rajasthan Royals with a bid of $1.65 billion after another consortium pulled out.

Property Of Drug Peddler Attached In J&K's Doda

Property Of Drug Peddler Attached In J&K's Doda

Rediff.com1 hour ago

Police in Jammu and Kashmir's Doda district attached a property allegedly acquired through narcotics trafficking as part of the 'Nasha Mukt Jammu Kashmir Abhiyaan'. The property belonged to drug peddler Yasir Ahmed Shah and the action aims to dismantle financial networks linked to narco-trafficking.

Why Bihar Police Is Facing Increased Attacks On Personnel

Why Bihar Police Is Facing Increased Attacks On Personnel

Rediff.com1 days ago

Bihar Police have reported an increase in attacks on their personnel during an intensified crackdown on criminals. The police reject allegations of caste-based targeting and assert their commitment to law enforcement.

Jammu Authorities Demolish Drug Peddler's Properties

Jammu Authorities Demolish Drug Peddler's Properties

Rediff.com17 minutes ago

Authorities in Jammu demolished properties worth approximately Rs 4 crore belonging to an alleged drug peddler as part of an intensified crackdown on narcotics.

J-K Police Crackdown: Drug Dealers' Assets Seized

J-K Police Crackdown: Drug Dealers' Assets Seized

Rediff.com2 days ago

Jammu and Kashmir Police have seized immovable properties worth approximately Rs 7.35 crore belonging to two detained drug peddlers in Kathua district, as part of an intensified campaign against drug trafficking networks.

Kathua Drug Peddler's Properties Worth Rs 7 Crore Attached

Kathua Drug Peddler's Properties Worth Rs 7 Crore Attached

Rediff.com2 days ago

Police in Kathua district, Jammu and Kashmir, have attached properties worth approximately Rs 7 crore belonging to a detained drug peddler, as part of an intensified campaign against drug trafficking networks.

Srinagar Police Seize Properties Of Alleged Drug Traffickers

Srinagar Police Seize Properties Of Alleged Drug Traffickers

Rediff.com6 hours ago

Police in Srinagar have seized multiple properties worth approximately Rs 5 crore belonging to individuals allegedly involved in drug trafficking and related unlawful activities as part of the 'Nasha Mukt J-K Abhiyan'.

Telangana Official Booked In Disproportionate Assets Case

Telangana Official Booked In Disproportionate Assets Case

Rediff.com1 days ago

A government official in Telangana is under investigation for allegedly acquiring assets through corrupt practices. The Anti Corruption Bureau (ACB) conducted searches at multiple locations and found significant property documents, cash, and gold ornaments.

TVS Venu Group to bolster financial services presence with Jana SFB stake

TVS Venu Group to bolster financial services presence with Jana SFB stake

Rediff.com4 days ago

TVS Venu Group has agreed to acquire a minority stake of up to 9.9 per cent in Jana Small Finance Bank, including a 4.9 per cent ownership by TVS Motor Company, through a combination of primary issuance of warrants and a secondary purchase.

Gujarat Police Arrest Six Members Of Notorious Gang

Gujarat Police Arrest Six Members Of Notorious Gang

Rediff.com2 days ago

Six members of a gang allegedly involved in 74 serious cases have been arrested in Gujarat's Jamnagar district, according to police. The Gujarat Control of Terrorism and Organised Crime (GUJCTOC) Act has been invoked against the arrested individuals, who are part of the 'Saycha gang'.

Luxury Vehicle Fraud: Gurugram Police Arrest Mastermind

Luxury Vehicle Fraud: Gurugram Police Arrest Mastermind

Rediff.com49 minutes ago

Gurugram Police have busted a gang involved in defrauding a person by mortgaging and selling his luxury vehicles, which they acquired under the guise of renting them for weddings and events. The alleged mastermind, Krishna Dixit, has been arrested.

Srinagar Police Seize Drug Peddler's Property Worth 1.5 Crore

Srinagar Police Seize Drug Peddler's Property Worth 1.5 Crore

Rediff.com4 days ago

Srinagar police attached property worth Rs 1.5 crore belonging to a notorious drug peddler as part of the 'Nasha Mukt Jammu & Kashmir Abhiyan'.

Global Firms Invest Rs 963 Crore In Paytm Parent Company

Global Firms Invest Rs 963 Crore In Paytm Parent Company

Rediff.com6 hours ago

Global financial institutions, including Goldman Sachs and Citigroup, have invested Rs 963 crore in One 97 Communications (Paytm's parent company) through open market transactions, acquiring a 1.34 per cent stake from SAIF Partners and Elevation Capital.

J&K Police Seize Drug Peddler's Assets In Udhampur

J&K Police Seize Drug Peddler's Assets In Udhampur

Rediff.com7 days ago

Jammu and Kashmir Police have attached immovable property worth Rs 71 lakh belonging to an alleged drug peddler in Udhampur as part of their drug-free campaign.

Water Tankers Supply 119 Marathwada Villages Amidst Heatwave

Water Tankers Supply 119 Marathwada Villages Amidst Heatwave

Rediff.com14 May 2026

Over 100 villages in Marathwada, India, are now dependent on water tankers due to severe water shortages amid peak summer. A total of 194 tankers are supplying water to 119 villages and 55 settlements across six districts, with Chhatrapati Sambhajinagar facing the most acute shortages.

IPL Franchises Race Towards $15 Billion Valuations

IPL Franchises Race Towards $15 Billion Valuations

Rediff.com15 hours ago

Kolkata Knight Riders, owned by the Shah Rukh Khan family and Mehta Group, emerged as the most valuable franchise.

Aditya Birla Group-Led Consortium Acquire IPL Champions RCB for Rs 16,660 crore

Aditya Birla Group-Led Consortium Acquire IPL Champions RCB for Rs 16,660 crore

Rediff.com25 Mar 2026

A consortium led by the Aditya Birla Group emerged the lead bidder to acquire IPL franchise Royal Challengers Bengaluru for a whopping Aditya Birla Group-Led Consortium Acquire IPL Champions RCB for Rs Rs 16,660 crore.

EC orders probe into foreigners voting in Tamil Nadu

EC orders probe into foreigners voting in Tamil Nadu

Rediff.com7 days ago

The Election Commission has ordered an investigation into allegations that foreign nationals fraudulently voted in the Tamil Nadu Assembly election. The probe was initiated after police arrested ten foreign nationals with indelible ink on their fingers at Chennai and Madurai airports.

ED Gets Nod To Arrest Godman In Money Laundering Case

ED Gets Nod To Arrest Godman In Money Laundering Case

Rediff.com4 days ago

A special court has granted the Enforcement Directorate (ED) permission to arrest self-styled godman Ashok Kharat in connection with a Rs 70 crore money laundering case. Kharat, already facing rape and fraud charges, was produced before the Special PMLA Court on a production warrant from Nashik jail.

Self-Styled Godman Arrested In Money Laundering Case

Self-Styled Godman Arrested In Money Laundering Case

Rediff.com4 days ago

Self-styled godman Ashok Kharat, already jailed for alleged rape and fraud, has been arrested by the Enforcement Directorate in connection with a Rs 70-crore money laundering case. The arrest follows court approval and is part of an ongoing investigation into a large-scale extortion racket.

Self-Styled Godman Extorted Crores Via Bank Accounts: ED

Self-Styled Godman Extorted Crores Via Bank Accounts: ED

Rediff.com3 days ago

The Enforcement Directorate (ED) has arrested self-styled godman Ashok Kharat, accusing him of systematic extortion and money laundering through a network of bank accounts. Kharat allegedly rotated over Rs 47 crore of ill-gotten money through 60 bank accounts, deceiving devotees by claiming divine powers.

Ex-Beed Collector Remanded In Custody Over Land Scam

Ex-Beed Collector Remanded In Custody Over Land Scam

Rediff.com8 May 2026

Former Beed district collector Avinash Pathak has been remanded in police custody in connection with an alleged Rs 241 crore land acquisition and compensation scam.

J-K Authorities Demolish Property Of Alleged Drug Peddler In Udhampur

J-K Authorities Demolish Property Of Alleged Drug Peddler In Udhampur

Rediff.com1 days ago

Authorities in Jammu and Kashmir's Udhampur district demolished an alleged illegal commercial property belonging to an alleged drug peddler as part of an ongoing crackdown against narcotics trafficking.

Which ISL Clubs Received AIFF Licensing With Sanctions?

Which ISL Clubs Received AIFF Licensing With Sanctions?

Rediff.com3 days ago

Seven Indian Super League clubs, including East Bengal, were granted the AIFF Club Licensing Premier 1 licence with sanctions for the 2026-27 season, while applications of several top-flight sides, including Mohun Bagan Super Giant and Kerala Blasters FC, were rejected.

Hyderabad Water Board Official Under Graft Cloud, Assets Seized

Hyderabad Water Board Official Under Graft Cloud, Assets Seized

Rediff.com4 days ago

The Anti-Corruption Bureau has registered a case of disproportionate assets against an official of the Hyderabad Metropolitan Water Supply and Sewerage Board and found assets worth over Rs 5.88 crore during searches.

'Was an hour away': Trump on halting planned attack on Iran

'Was an hour away': Trump on halting planned attack on Iran

Rediff.com4 days ago

US President Donald Trump revealed he was on the verge of ordering attacks on Iran but postponed the decision after receiving calls from Qatar and the UAE, citing progress in peace talks.

How Godman Used Black Magic To Extort Millions: ED Probe

How Godman Used Black Magic To Extort Millions: ED Probe

Rediff.com2 days ago

Self-proclaimed godman Ashok Kharat, accused of portraying himself as Lord Shiva and using black magic to extort money from victims, has been arrested by the Enforcement Directorate.

OpenAI's Tomoro buy triggers sharp decline in Tech stocks; Nifty IT hit 3-year low

OpenAI's Tomoro buy triggers sharp decline in Tech stocks; Nifty IT hit 3-year low

Rediff.com13 May 2026

Indian IT stocks experienced a significant downturn following OpenAI's acquisition of consulting firm Tomoro, intensifying fears that global AI companies are encroaching on traditional IT service models through end-to-end consulting and implementation services.

How Kulgam Police Busted Interstate Narcotics Network

How Kulgam Police Busted Interstate Narcotics Network

Rediff.com2 May 2026

Kulgam Police dismantled an interstate narcotics network, seizing illegally obtained assets worth Rs 92.73 lakhs linked to the accused in Jammu.

Punjab SDM Arrested Over Highway Project Embezzlement

Punjab SDM Arrested Over Highway Project Embezzlement

Rediff.com7 days ago

A sub-divisional magistrate (SDM) posted in Punjab's Gurdaspur has been arrested in connection with the Rs 1.63 crore embezzlement of funds linked to land acquisition for a national highway project in 2018-2019.

Blackstone's Neysa Networks Stake Acquisition Gets CCI Nod

Blackstone's Neysa Networks Stake Acquisition Gets CCI Nod

Rediff.com3 days ago

The Competition Commission of India (CCI) has approved the acquisition of a stake in AI acceleration cloud provider Neysa Networks by Blackstone-backed private equity funds and other investors, following Neysa's announcement of a USD 1.2 billion capital raise.

US pauses Taiwan arms sale to save munitions for Iran war

US pauses Taiwan arms sale to save munitions for Iran war

Rediff.com1 days ago

The United States has paused a proposed USD 14 billion arms sale to Taiwan due to concerns about maintaining sufficient munitions for potential conflicts, particularly in light of the ongoing situation with Iran.

Udhampur Police Seize Drug Peddler's Assets

Udhampur Police Seize Drug Peddler's Assets

Rediff.com3 May 2026

Udhampur Police have attached an immovable property worth Rs 40 lakh belonging to an alleged drug peddler, Rafiq Ahmed, in the Sainik Colony area of Jammu district.

Massive Drug Bust: Assets Worth Crores Seized In J&K

Massive Drug Bust: Assets Worth Crores Seized In J&K

Rediff.com8 May 2026

Police in Anantnag district attached properties worth over Rs 6.5 crore, allegedly acquired through illicit drug trafficking, marking the single largest attachment under the NDPS Act in Jammu and Kashmir.

Gurugram Authorities Demolish Drug Smuggler's Illegal Property

Gurugram Authorities Demolish Drug Smuggler's Illegal Property

Rediff.com5 May 2026

Gurugram Police demolished an eight-story building allegedly used as a paying guest accommodation by convicted drug smuggler Satpal alias Kalu. The demolition was a joint effort with the municipal corporation, targeting properties acquired through drug trafficking proceeds. Authorities also demolished property illegally occupied by another alleged drug peddler.

Srinagar Police Seize Drug Peddlers' Assets Worth Over Rs 2 Crore

Srinagar Police Seize Drug Peddlers' Assets Worth Over Rs 2 Crore

Rediff.com7 May 2026

Police in Srinagar have attached immovable properties worth over Rs 2 crore belonging to alleged drug peddlers as part of the 'Nasha Mukt Jammu and Kashmir Abhiyan'. The attached properties include residential houses in Chanapora and Qamarwari, acquired through proceeds from drug trafficking.

India is now world's largest market for Nestle's KitKat

India is now world's largest market for Nestle's KitKat

Rediff.com6 days ago

India has emerged as the largest global market for Nestle's iconic KitKat chocolate-coated wafer bar, surpassing other nations due to strong consumer penetration, product innovation, and aggressive marketing investments.

How A Punjab Football Academy Is Combating Drug Abuse

How A Punjab Football Academy Is Combating Drug Abuse

Rediff.com12 hours ago

A grassroots football academy in Punjab is using football to combat drug abuse and develop young talent, addressing key issues in Indian football's grassroots development.

Will Indians Get To Watch FIFA World Cup 2026?

Will Indians Get To Watch FIFA World Cup 2026?

Rediff.com2 days ago

With less than a month to go, football fans have all fingers -- and toes -- crossed, notes Kanika Datta.