News for 'acquire'

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.

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.

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).

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

Kesari Chapter 2 Review: For The Love Of Drama!

Kesari Chapter 2 Review: For The Love Of Drama!

Rediff.com18 Apr 2025

Kesari 2 has more style than substance on its mind, feels Sukanya Verma.

Cognizant looks to break into top four IT services companies by 2027

Cognizant looks to break into top four IT services companies by 2027

Rediff.com28 Mar 2025

Cognizant has said it aims to be back among India's top four IT services companies by 2027 by improving revenue, market share, bagging large deals, and gradual margin expansion. The Nasdaq-listed company does a major part of its business in India, but has trailed peers such as Tata Consultancy Services and Accenture over the last few years as growth tapered, margins squeezed, and attrition soared.

JioStar to Earn 6,000 Cr from IPL

JioStar to Earn 6,000 Cr from IPL

Rediff.com19 Mar 2025

With 90% of the inventories sold out, JioStar expects to ring in more than a 58% increase over last year's IPL, when it clocked Rs 3,900 crore.

TN assembly passes resolution against Waqf bill, asks for recall

TN assembly passes resolution against Waqf bill, asks for recall

Rediff.com27 Mar 2025

The Tamil Nadu Assembly passed a resolution on Thursday condemning the Centre's proposed Waqf Amendment Bill 2024, calling for its recall. Chief Minister M K Stalin argued that the amendment interferes with religious affairs and would negatively impact the Muslim minority. The resolution was unanimously passed by the Assembly, with support from all parties, including the opposition AIADMK and PMK. The BJP, however, walked out in protest, accusing the ruling DMK of engaging in divisive politics. The bill aims to streamline the Waqf Board's work and ensure efficient management of Waqf properties but has been criticized for potentially encroaching on religious freedom and autonomy. The Tamil Nadu government claims that the amendment would lead to government control over the Waqf Board and its properties, impacting its autonomy and potentially allowing for government acquisition of Muslim-owned lands.

IPL 2025: Cricket carnival returns as KKR face RCB in opener

IPL 2025: Cricket carnival returns as KKR face RCB in opener

Rediff.com21 Mar 2025

New rules, new captains, but same excitement as two months of cricket extravaganza kicks off in Kolkata.

How Krunal's bouncer did Venkatesh Iyer and KKR in...

How Krunal's bouncer did Venkatesh Iyer and KKR in...

Rediff.com23 Mar 2025

Royal Challengers Bengaluru all-rounder Krunal Pandya revealed his mindset behind bowling a bouncer out of the blue to Kolkata Knight Riders record-signing Venkatesh Iyer during the opening match of Indian Premier League 2025, at the Eden Gardens in Kolkata, on Saturday.

No Better Sight In Cricket Than Rahul In Flow

No Better Sight In Cricket Than Rahul In Flow

Rediff.com11 Apr 2025

K L Rahul's impeccable 93 not out off 53 deliveries propelled Delhi Capitals to an emphatic six-wicket win over Royal Challengers Bengaluru at the Chinnaswamy stadium, Bengaluru, on Thursday, April 10 2025.

What's on MCA's agenda for Pune T20I?

What's on MCA's agenda for Pune T20I?

Rediff.com29 Jan 2025

The MCA later had to apologise for the mismanagement, which was promptly addressed, but the governing body is keen to avoid any such incident.

Going local for global: Bharat Global Ports to test waters at home first

Going local for global: Bharat Global Ports to test waters at home first

Rediff.com31 Mar 2025

The government is looking to give Bharat Global Ports a certain amount of domestic exposure after it set up the state-owned consortium to increase India's global maritime heft, officials aware of the development said. The intended domestic exposure is meant to give the consortium experience and build its credentials for international projects.

Exciting News for Andaz Apna Apna Fans!

Exciting News for Andaz Apna Apna Fans!

Rediff.com12 Feb 2025

Buoyed by the retro-success of Sanam Teri Kasam, Rajkumar Santoshi's laugh riot is now returning to movie theatres in April.

ED books Sonia, Rahul in National Herald case; Cong says vendetta

ED books Sonia, Rahul in National Herald case; Cong says vendetta

Rediff.com15 Apr 2025

The Enforcement Directorate (ED) has filed a chargesheet against Congress leaders Sonia Gandhi, Rahul Gandhi, and others on charges of money laundering in the National Herald case. The chargesheet, filed on April 9, names Congress leaders Sam Pitroda and Suman Dubey as accused persons. The case pertains to the alleged fraudulent takeover of properties valued over Rs 2,000 crore belonging to the Associated Journals Limited (AJL), the publisher of the National Herald news platform. The ED alleges that Young Indian, a private company "beneficially owned" by Sonia Gandhi and Rahul Gandhi, "acquired" AJL properties for a mere Rs 50 lakh, significantly undervaluing its worth. The case has been transferred to Special Judge Vishal Gogne's court for further proceedings.

Badass Ravi Kumar Review: Not Badassery Enough

Badass Ravi Kumar Review: Not Badassery Enough

Rediff.com7 Feb 2025

Himesh Reshammiya does not have the swag or the acting chops to play a loose cannon cop, sighs Deepa Gahlot.

We believe in 'vasudhaiva kutumbakam', yet divided with kin: SC

We believe in 'vasudhaiva kutumbakam', yet divided with kin: SC

Rediff.com28 Mar 2025

The Supreme Court of India has expressed concern over the erosion of the family institution, stating that people in India, while valuing the concept of 'vasudhaiva kutumbakam' (the world is one family), are failing to maintain unity even within their immediate families. This observation came in a case involving a dispute between a mother and her eldest son over property and family relations.

Air India acquires first A350 aircraft through GIFT City

Air India acquires first A350 aircraft through GIFT City

Rediff.com29 Sep 2023

Air India on Friday said it has completed the acquisition of its first A350-900 aircraft by way of a finance lease transaction with HSBC through the GIFT City. This is also the first wide body aircraft to be leased through the GIFT City, the country's first International Financial Services Centre (IFSC). In a release, the airline said the transaction was facilitated by its wholly-owned subsidiary AI Fleet Services Ltd (AIFS) and is also the first financing transaction from the orders for 470 aircraft that were made earlier this year.

Why India's Youth Faces Severe Mental Distress

Why India's Youth Faces Severe Mental Distress

Rediff.com27 Mar 2025

Factors that cause severe distress include early smartphone usage, consumption of ultra-processed foods, exposure to environmental toxins, and a growing sense of loneliness.

Trump Diktat Threatens Oil PSUs Dividends In Venezuela

Trump Diktat Threatens Oil PSUs Dividends In Venezuela

Rediff.com3 Apr 2025

ONGC's overseas arm applied for a sanctions waiver to access $500 million dividend from two Venezuelan projects.

HC discharges Adanis in market regulations violation case

HC discharges Adanis in market regulations violation case

Rediff.com17 Mar 2025

The Bombay High Court discharged Adani Group Chairman Gautam Adani and Managing Director Rajesh Adani from a case of alleged violations of market regulations involving nearly Rs 388 crore. The Serious Fraud Investigation Office (SFIO) had initiated the case in 2012 against Adani Enterprises Limited (AEL) and its promoters, accusing them of criminal conspiracy and cheating. The HC's single bench of Justice R N Laddha quashed the sessions court order and discharged the duo from the case.

Badlapur accused death: HC orders FIR against 5 cops

Badlapur accused death: HC orders FIR against 5 cops

Rediff.com7 Apr 2025

The Bombay high court on Monday ordered a first information report (FIR) against five policemen for the custodial death of Badlapur sexual assault case accused Akshay Shinde, allegedly shot dead in a police van in September 2024, and setting up of an Special Investigation Team, noting that a prima facie offence is disclosed.

Tata Motors begins production at new Sanand plant acquired from Ford

Tata Motors begins production at new Sanand plant acquired from Ford

Rediff.com15 Jan 2024

Tata Passenger Electric Mobility (TPEM), a subsidiary of Tata Motors, on Friday announced that it has commenced production at its second factory in Sanand, Gujarat, which it had acquired from Ford India last year. This new facility will unlock an additional manufacturing capacity of 300,000 units per annum, which is scalable to 420,000 units. The new facility is spread over 460 acres and is adjacent to Tata Motors' existing passenger vehicle facility in Sanand.

China delivers second of 8 submarine to Pak to back Arabian Sea strength

China delivers second of 8 submarine to Pak to back Arabian Sea strength

Rediff.com16 Mar 2025

China has delivered a second advanced submarine to Pakistan, part of a larger deal to bolster the South Asian nation's naval capabilities in the Indian Ocean. The move underscores China's growing influence in the region and its strategic partnership with Pakistan.

What Husain Painting's Record Sale Will Fund

What Husain Painting's Record Sale Will Fund

Rediff.com21 Mar 2025

Proceeds from the sale will support the training of future generations of doctors at the Oslo University Hospital. The fascinating story behind the Husain painting which set a new record for modern Indian art.

SRH Vs RR: Who Bowled Best? Vote!

SRH Vs RR: Who Bowled Best? Vote!

Rediff.com24 Mar 2025

Finishing with 2/34 on a batting-friendly pitch, Harshal Patel played a key role in stifling Royals' momentum in the middle overs.

Huge Ports Deal Sparks US-China Tensions

Huge Ports Deal Sparks US-China Tensions

Rediff.com17 Mar 2025

The $22.8 billion CK Hutchison ports deal intensifies geopolitical tensions between the US and China. Chinese media has already called it 'a betrayal of all Chinese people'. Shyam G Menon explains how the proposed sale will reshapes global trade infrastructure.

Attempting to avoid...: Vanuatu cancels Lalit Modi's passport

Attempting to avoid...: Vanuatu cancels Lalit Modi's passport

Rediff.com10 Mar 2025

Vanuatu Prime Minister Jotham Napat has directed the Citizenship Commission to cancel the passport issued to former Indian Premier League (IPL) founder Lalit Modi, citing his attempt to avoid extradition. Modi had applied to surrender his Indian passport to the Indian High Commission in London, but the Vanuatu government stated that Interpol twice rejected India's request for an alert notice due to lack of evidence. The statement emphasized that holding a Vanuatu passport is a privilege, not a right, and applicants must seek citizenship for legitimate reasons, which does not include evading extradition.

'We have no option but to strike back'

'We have no option but to strike back'

Rediff.com23 Apr 2025

'If they aim to remain aligned with the public sentiment, as any democratic government should, then they must respond. Why else would the prime minister have cut short his visit to Saudi Arabia? And why would he have instructed the home minister himself to travel to Srinagar to assess the situation firsthand? This suggests that something is indeed being planned. I am quite certain of that, although the exact form it will take remains to be seen.'

Meerut victim's mother says inlaws knew of his murder

Meerut victim's mother says inlaws knew of his murder

Rediff.com21 Mar 2025

New details have emerged in the murder of Saurabh Rajput in Meerut, India, with his family alleging that the accused wife's parents knew about the crime beforehand. The deceased's daughter reportedly said 'Papa is in the drum,' indicating her knowledge of the murder. The accused wife, Muskan Rastogi, and her lover Sahil Shukla, confessed to stabbing Saurabh to death and hiding his body in a drum sealed with cement. Police are investigating further, including Muskan's use of a fake Snapchat ID to manipulate Sahil into believing his deceased mother was urging him to kill Saurabh.

'We Don't Want To Survive On Govt Incentives'

'We Don't Want To Survive On Govt Incentives'

Rediff.com20 Mar 2025

'The only solution is for the government to allow us to charge a low controlled MDR of 25 bps on UPI P2M transactions only for merchants with more than a Rs 40 lakh turnover.'

Meet India's first private reinsurer

Meet India's first private reinsurer

Rediff.com15 Mar 2025

In Debasish Panda's last board meeting as chairperson of the Insurance Regulatory and Development Authority of India (Irdai), the regulator approved the "R2" licence for Kamlesh Goyal and Prem Watsa-backed Value Attics Reinsurance, making it the first private-sector Indian reinsurer after GIC Re, the public-sector reinsurer. "The authority reviewed and approved the R2 application of Value Attics Reinsurance, making it the first private-sector reinsurer after GIC Re, the public-sector reinsurer.

Godrej Consumer may be the fastest growing FMCG player in FY26

Godrej Consumer may be the fastest growing FMCG player in FY26

Rediff.com26 Mar 2025

Godrej Consumer Products (GCPL) had a disappointing third quarter (Q3FY25) with flat volumes (after 7 per cent growth H1FY25). Price hikes will be required to maintain margins to offset the cost of palm oil inflation. However, some analysts see Q3 as an exception with strong volume growth expected to resume and it may be the fastest growing FMCG player in FY26.

Akhilesh claims 'shivling' under UP CM's house

Akhilesh claims 'shivling' under UP CM's house

Rediff.com30 Dec 2024

The former chief minister said the BJP government is getting excavation done at various places to hide its failure and to divert attention from the issues related to the public.

'As Tunnels Increase We See More Incidents'

'As Tunnels Increase We See More Incidents'

Rediff.com7 Mar 2025

'Balancing tunnel developments with ecological realities is a major challenge and, when overlooked, can contribute to mishaps.'

KKR begin pre-season training in Mumbai

KKR begin pre-season training in Mumbai

Rediff.com22 Feb 2025

Defending champions Kolkata Knight Riders (KKR) have begun their pre-season preparations with a week-long domestic players' training stint in Mumbai, ahead of their main camp in Kolkata starting March 12 at Eden Gardens. The Mumbai camp, running from February 21-28, features nine domestic players, including Venkatesh Iyer, who was re-signed by KKR for a staggering Rs 23.75 crore after being released, making him the third most expensive player in the IPL auction.

What You Must Know About The Emergency

What You Must Know About The Emergency

Rediff.com17 Jan 2025

During Emergency Indira Gandhi acquired absolute power. Lakhs of political opponents, students, activists were arrested.

2024 an inflection point in race to become unicorn

2024 an inflection point in race to become unicorn

Rediff.com28 Feb 2025

Startups that became unicorns in 2024 took an average of nine years and six months to reach $1 billion valuation, reflecting the impact of a prolonged funding squeeze from PE/VC firms over the past few years.