News for 'acquire'

Beed cops to wear name plates without surnames

Beed cops to wear name plates without surnames

Rediff.com13 Mar 2025

Police personnel in Maharashtra's Beed district will now put up their name plates without surnames, in an attempt to eliminate caste-based discrimination. This follows an earlier directive by the Superintendent of Police (SP) Navneet Kanwat in January to address each other by their first name, and not surname. The move comes in the wake of the murder of a village sarpanch, allegedly by members of a dominant community, which had a caste angle. The new policy is being implemented across police stations and offices in the district, with nearly 100 name plates distributed so far.

Operation Sindoor: The Precision Of Surprise

Operation Sindoor: The Precision Of Surprise

Rediff.com16 May 2025

'You can be sure that the Pakistanis knew when the Indian Air Force aircraft took off, which type these were, and what their likely targets were.' 'The question was: How would they determine that the IAF wanted to fire, and when to bounce them?', notes Shekhar Gupta.

'We're ready': India gears up to host 2030 CWG

'We're ready': India gears up to host 2030 CWG

Rediff.com10 Apr 2025

India is confident of securing the hosting rights for the 2030 Commonwealth Games, despite Canada and Nigeria expressing interest in bidding for the event.

Karnataka HC stays ED notice to Siddaramaiah's wife

Karnataka HC stays ED notice to Siddaramaiah's wife

Rediff.com27 Jan 2025

The Karnataka high court on Monday stayed the notice issued by the Enforcement Directorate (ED) to Chief Minister Siddaramaiah's wife Parvathi B M and the state Urban Development Minister Byrathi Suresh to appear for questioning in connection with the Mysore Urban Development Authority (MUDA) land allotment scam.

Biryani finds its place on the valuation menu with rising investor appetite

Biryani finds its place on the valuation menu with rising investor appetite

Rediff.com22 Apr 2025

Biryani is set to get its own valuation. Devyani International, the largest franchisee of Kentucky Fried Chicken (KFC) quick-service restaurants (QSRs) in India, is considering the acquisition of Sky Gate Hospitality, which operates restaurants under the brand Biryani By Kilo (BBK), it said in a statement to BSE on Monday.

What's wrong in using spyware against terrorists, asks SC

What's wrong in using spyware against terrorists, asks SC

Rediff.com29 Apr 2025

The Supreme Court of India on Tuesday questioned the issue of using "spyware against terrorists" and stated that any report touching upon the country's "security and sovereignty" won't be made public. The court indicated it might address individual concerns regarding privacy breaches, but the report of the technical committee would not be a document for public discussion. The court will examine the extent to which the report can be shared publicly. The court's statement came during a hearing on a petition related to the alleged use of Pegasus spyware for surveillance. The court also emphasized that "having spyware is not wrong, against whom you are using is the question" and that the security of the nation cannot be compromised. The hearing has been adjourned to July 30.

Govt may approve Rs 45K cr deal to buy 156 desi LCH for Army, IAF

Govt may approve Rs 45K cr deal to buy 156 desi LCH for Army, IAF

Rediff.com25 Mar 2025

Of the 156 LCH, 90 would be for the Indian Army while 66 would be for the Indian Air Force.

Panipat battle symbol of Maratha bravery, not defeat: Fadnavis

Panipat battle symbol of Maratha bravery, not defeat: Fadnavis

Rediff.com25 Mar 2025

Maharashtra Chief Minister Devendra Fadnavis has asserted that the third battle of Panipat, fought in 1761, was a symbol of the bravery of Marathas and not their defeat. He said the state government is building a memorial to Chhatrapati Shivaji Maharaj in Agra and acquiring land for another memorial in Panipat, where the battle was fought between Marathas and Afghan ruler Ahmad Shah Abdali.

Decoding Mumbai Indians' talent scouting for IPL

Decoding Mumbai Indians' talent scouting for IPL

Rediff.com2 Apr 2025

Mumbai Indians, the five-time IPL champions, have a robust scouting system that unearths hidden gems from across the country.

Need A Good Laugh? Watch This Film This Weekend

Need A Good Laugh? Watch This Film This Weekend

Rediff.com24 Apr 2025

'Often, the actors and technicians would be rolling in laughter during the shooting. I remember our brilliant cinematographer laughed so hard, he fell off his trolley.'

Techies, Think Beyond Coding!

Techies, Think Beyond Coding!

Rediff.com15 Apr 2025

Developers are expected to not only just learn coding but also oversee what the AI agents are doing.

Sun Pharma stock up 2.15% as US court clears alopecia drug launch

Sun Pharma stock up 2.15% as US court clears alopecia drug launch

Rediff.com12 Apr 2025

Sun Pharmaceutical Industries stock ended 2.15 per cent higher on Friday after zooming by almost 5 per cent in the morning trade on the back of an announcement that a court ruling has cleared the deck for the India's largest pharmaceutical company to launch its alopecia drug Leqselvi in the United States.

Sam Pitroda reacts over BJP's land-grabbing allegations

Sam Pitroda reacts over BJP's land-grabbing allegations

Rediff.com27 Feb 2025

Indian Overseas Congress chief Sam Pitroda has denied owning any land, home, or stocks in India, responding to allegations by a BJP leader that he illegally acquired 12.35 acres of government land in Bengaluru. The BJP leader, N R Ramesh, has filed a complaint with the Enforcement Directorate and the Karnataka Lokayukta, alleging that Pitroda, with the help of government officials, acquired the land for his organization, FRLHT. Pitroda, in a statement on X, categorically denied the allegations, stating he has never taken any salary during his time working with the Indian government and has never paid or accepted any bribe. He further clarified that FRLHT received a five-year lease on the land for conservation purposes, which expired in 2001 and was extended for another 10 years. Ramesh claims the lease expired in 2011 and the land, now worth over Rs 150 crore, was not reclaimed by the forest department. He has urged the ED to file a criminal case against those involved in the alleged land grab, including the officials responsible.

Dabur keen to acquire 26% stake in Religare for Rs 2,116 cr

Dabur keen to acquire 26% stake in Religare for Rs 2,116 cr

Rediff.com25 Sep 2023

Entities belonging to the Burman family, the promoter of Dabur India, on Monday announced a Rs 2,116 crore open offer to shareholders of Religare Enterprises Ltd (REL) to acquire up to an additional 26 per cent stake in the company as part of its strategy to enter the financial services space. Post the open offer, the family's stake in the financial services firm is expected to increase to 51 per cent. The open offer is made to increase the family's stake and take control of REL and this will mark the entry of Burmans into the financial services space.

ED to restore Rs 15K cr to victims of frauds; returns Rs 31,951 cr so far

ED to restore Rs 15K cr to victims of frauds; returns Rs 31,951 cr so far

Rediff.com21 Apr 2025

The Enforcement Directorate (ED) has earmarked assets worth about Rs 15,000 crore that will be restored to victims of real estate, Ponzi and other frauds across India during the current financial year. The agency has been "aggressively" initiating this provision for restitution since last year to ensure rightful claimants duped by financial crime get their dues. The ED has already restored Rs 31,951 crore worth of assets under this provision, including Rs 15,201.65 crore from 2019-21 in cases related to Vijay Mallya, Nirav Modi and the National Spot Exchange Limited (NSEL). The ED Director has issued directions to all regions to actively work on cases marked for restitution of assets worth Rs 15,000 crore during the financial year 2025-26.

Startups: 'India Is In A Golden Age'

Startups: 'India Is In A Golden Age'

Rediff.com3 Mar 2025

'The conversation is no longer just about securing funds or acquiring customers but about the long-term value of customers.'

About 2K illegal houses to be razed in Ahmedabad's Bangladeshi den

About 2K illegal houses to be razed in Ahmedabad's Bangladeshi den

Rediff.com29 Apr 2025

Ahmedabad civic authorities launched a massive demolition drive on Tuesday, razing over 2,000 illegally constructed houses and properties in the Chandola Lake area. The operation, which involved around 50 teams equipped with earthmovers and 2,000 police personnel, was carried out days after illegal Bangladeshi immigrants were detained from these settlements. The Gujarat High Court declined to stay the action, observing that the dwellings were situated on the periphery of the water body and therefore subject to demolition under the Land Revenue Code. Authorities also demolished the illegal farmhouse of Lalu Pathan, alleged mastermind behind the encroachments, who is suspected to have helped illegal immigrants obtain rental accommodation and Aadhaar cards.

IPL 2025: Teen Suryavanshi gets BCA vote of confidence

IPL 2025: Teen Suryavanshi gets BCA vote of confidence

Rediff.com18 Mar 2025

Vaibhav's sensational 2024 season saw him excel both domestically and internationally.

Religare: Sebi rejects open offer by US-based entity

Religare: Sebi rejects open offer by US-based entity

Rediff.com28 Jan 2025

Capital market regulator Sebi on Tuesday rejected the competing open offer made by the US-based entity Danny Gaekwad Developments & Investments for acquisition of Religare Enterprises Ltd (REL) as it did not meet necessary regulations.

'Nagrik Devo Bhava': Modi's message to bureaucrats

'Nagrik Devo Bhava': Modi's message to bureaucrats

Rediff.com21 Apr 2025

Citing evolving needs and aspirations of the citizens, he said that the civil service must adapt to contemporary challenges to remain relevant.

HC quashes ED summons to Sidda's wife, minister in MUDA case

HC quashes ED summons to Sidda's wife, minister in MUDA case

Rediff.com7 Mar 2025

The Karnataka High Court has quashed the Enforcement Directorate's summons to Chief Minister Siddaramaiah's wife Parvathi B M and Urban Development Minister B S Suresh in connection with the MUDA site allotment case. The court ruled that the ED was conducting a parallel investigation despite the case already being probed by the Lokayukta police and a Special Investigation Team (SIT). The ED had alleged that Siddaramaiah and other accused were involved in attempted money laundering in the MUDA site allotment case and that the fourteen sites (plots) allotted to Parvathi in Mysuru upmarket were illegally allotted.

National Herald case: ED moves to seize Rs 661cr assets linked to Sonia, Rahul

National Herald case: ED moves to seize Rs 661cr assets linked to Sonia, Rahul

Rediff.com12 Apr 2025

Congress leaders Sonia Gandhi and Rahul Gandhi are majority shareholders of Young Indian with 38 per cent shares held by each one of them. They were questioned for hours by the ED in this case a few years back.

Sensex, Nifty pare gains to close lower on fag-end selling

Sensex, Nifty pare gains to close lower on fag-end selling

Rediff.com10 Mar 2025

From the 30 Sensex companies, IndusInd Bank, Zomato, Larsen & Toubro, Titan, Mahindra & Mahindra, Bajaj Finance, Reliance Industries, Kotak Mahindra Bank, Tech Mahindra and Tata Consultancy Services were among the laggards. On the other hand, Power Grid, Hindustan Unilever, Infosys, Nestle India, Asian Paints, ITC, Sun Pharmaceuticals and ICICI Bank were the gainers.

It's confirmed, Zomato is now Eternal!

It's confirmed, Zomato is now Eternal!

Rediff.com10 Mar 2025

The shareholders of Zomato have approved a special resolution to rename the firm 'Eternal', the company informed in a stock exchange filing. The brand name of the company's food delivery business Zomato will remain the same, along with the app. Eternal will comprise four major businesses (as of now) -- Zomato, Blinkit, District, and Hyperpure.

HUL Q3 net profit up 19% at Rs 2,989 cr

HUL Q3 net profit up 19% at Rs 2,989 cr

Rediff.com22 Jan 2025

FMCG major Hindustan Unilever Ltd on Wednesday reported a 19.18 per cent rise in consolidated net profit at Rs 2,989 crore in the December quarter.

Sensex jumps 1,131 points; reclaims 75K

Sensex jumps 1,131 points; reclaims 75K

Rediff.com18 Mar 2025

From the Sensex pack, Zomato jumped over 7 per cent. ICICI Bank, Mahindra & Mahindra, Tata Motors, Larsen & Toubro, Asian Paints, Titan, Kotak Mahindra Bank and State Bank of India were among the gainers. However, Bajaj Finserv, Bharti Airtel, Tech Mahindra and Reliance Industries were the laggards.

After Waqf, it's Christians: Rahul, Kerala CM slam RSS article

After Waqf, it's Christians: Rahul, Kerala CM slam RSS article

Rediff.com6 Apr 2025

Kerala Chief Minister Pinarayi Vijayan has accused the RSS of "majority communalism" over an article published in an RSS mouthpiece regarding the Catholic Church's property holdings in India. The article, which has since been removed from the website, called for the government to acquire the church's land, claiming it was illegally leased during the British era. Vijayan said the article reveals the "true mindset" of the RSS and its alleged plan to "target minority groups one by one and destroy them step by step." The Leader of the Opposition in the Kerala Assembly, V D Satheesan, echoed Vijayan's concerns, stating that the article shows the RSS's intent to target the Church's property. He also claimed that the article's publication coincides with the passing of the Waqf Bill in Parliament, suggesting a pattern of targeting religious communities. Meanwhile, the BJP state president, Rajeev Chandrasekhar, denied the article's accuracy and stated that the article was removed after it was found to be untrue. He also emphasized that owning land is not a crime, and countered allegations that the Congress and Waqf have illegally acquired land in Karnataka. Archbishop Joseph Pamplany of Thalassery, however, expressed confidence that the Church is not afraid of any "Church Bill", as its properties have been earned through hard work. He said the Church will take legal action if necessary.

'I Used To Be Paid Rs 5 Or 10 To Play For Different Buildings'

'I Used To Be Paid Rs 5 Or 10 To Play For Different Buildings'

Rediff.com21 Apr 2025

He would often cross the railway tracks next to the Wankhede stadium just to catch a glimpse of the top Mumbai players. Today, a stand at that very stadium bears his name.

The side effects are real, but Sun Pharma stays on its feet

The side effects are real, but Sun Pharma stays on its feet

Rediff.com21 Apr 2025

After falling 17 per cent since the start of the year to its March lows, the stock of the country's largest pharmaceutical (pharma) company, Sun Pharmaceutical Industries, has clawed back nearly half of those losses. Recent acquisitions, a favourable court ruling in the case of the hair loss drug Leqselvi, an edge over peers owing to its specialty portfolio, and a diversified global presence have supported the recovery.

Burmans get nod to acquire 31.27% additional stake in Religare

Burmans get nod to acquire 31.27% additional stake in Religare

Rediff.com24 Jan 2024

The Competition Commission of India has approved the acquisition of 31.27 per cent of additional stake in Religare Enterprises by four entities of Dabur India promoter Burman family, enabling them to become majority owners in the financial services firm. The fair trade regulator allowed the four entities to acquire Religare's 5.27 per cent through stock market purchase and another 26 per cent through an open offer.

The man behind Ishant Sharma's revival

The man behind Ishant Sharma's revival

Rediff.com25 Apr 2025

Steffan Jones, who got Ishant 'back to speed', is changing grammar of old-school coaching

How Adani Countered Hindenburg And Made The Boldest Comeback

How Adani Countered Hindenburg And Made The Boldest Comeback

Rediff.com22 Apr 2025

Hindenburg Research, the forensic financial firm that challenged the Adani Group, took its name from the infamous airship that burst into flames upon arriving in New Jersey in 1937. And the counter to its damning report against the conglomerate was dubbed 'Operation Zeppelin,' named after the German dirigible airships used for reconnaissance and bombing during the First World War.

'Rubio's Call To Munir Was Critical'

'Rubio's Call To Munir Was Critical'

Rediff.com12 May 2025

'Fears in Washington began to intensify when it was realised that subsequent Pakistani and Indian attacks on major military facilities -- which were significant in terms of geographic scope and intensity -- could rapidly take both sides to where neither actually wanted to go.' 'The US objective was to stop the fighting as soon as possible. Everything else was secondary.'

32 yrs on, Tiger Memon's 14 properties to be handed over to Centre

32 yrs on, Tiger Memon's 14 properties to be handed over to Centre

Rediff.com1 Apr 2025

A special court in Mumbai has ordered the transfer of 14 properties belonging to Tiger Memon, an alleged mastermind of the 1993 Mumbai serial bomb blasts, and his family to the central government. The properties, which were in the possession of the Bombay High Court's receiver since 1994, were forfeited under the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act (SAFEM) after proceedings initiated against Memon in 1993 based on a detention order issued by the Maharashtra government. The properties include a flat in Bandra, an office in Mahim, a plot in Santacruz, and several other properties across Mumbai.

Lokayukta finds no evidence against Siddaramaiah, wife in MUDA case

Lokayukta finds no evidence against Siddaramaiah, wife in MUDA case

Rediff.com20 Feb 2025

The Lokayukta police probing the Mysore Urban Development Authority (MUDA) site allotment case on Wednesday said that the charges against Karnataka Chief Minister Siddaramaiah and his wife Parvathi could not be proved for want of evidence.

Empuraan Has The Soul Of A Right Wing Movie

Empuraan Has The Soul Of A Right Wing Movie

Rediff.com1 Apr 2025

Empuraan, with its gimmicky violence and vigilante posturing, is not out to widen your perspective or open up history. All it wants to do is pick your pockets, observes Sreehari Nair.

Why ED slapped Rs 611-cr notice on Paytm

Why ED slapped Rs 611-cr notice on Paytm

Rediff.com3 Mar 2025

The Enforcement Directorate on Monday said it has issued a Rs 611 crore show cause notice to Paytm's parent company and linked entities for "contravention" of the FEMA on various counts.

Sonia, Rahul conspired to usurp Rs 2,000-cr AJL assets: ED

Sonia, Rahul conspired to usurp Rs 2,000-cr AJL assets: ED

Rediff.com16 Apr 2025

The Enforcement Directorate (ED) has filed a chargesheet in the National Herald case, accusing Congress leaders Sonia Gandhi and Rahul Gandhi of a "criminal conspiracy" to "usurp" properties worth Rs 2,000 crore of its public company AJL by transferring 99 per cent shares for just Rs 50 lakh to their private company Young Indian. The ED has named Sonia Gandhi as accused no 1 and Rahul Gandhi as accused no 2 in the chargesheet, which was filed under various sections of the Prevention of Money Laundering Act (PMLA).

Renault to buy out Nissan's stake in Indian JV

Renault to buy out Nissan's stake in Indian JV

Rediff.com31 Mar 2025

French auto major Renault on Monday said it will buy out its Japanese partner Nissan's stake in their Indian joint venture -- Renault Nissan Automotive India Private Ltd. Renault Group would own 100 per cent of Renault Nissan Automotive India Private Ltd (RNAIPL), by acquiring the 51 per cent shareholding currently held by Nissan, the company said in a statement.

7 Money Secrets Rich People Don't Want You To Know

7 Money Secrets Rich People Don't Want You To Know

Rediff.com24 Apr 2025

Whether you're a young professional, a seasoned entrepreneur, or someone simply looking to take control of your financial future, adopting these principles can be life-changing, says Ramalingam Kalirajan