News for 'acquire'

IPL Auction: 10 Most Expensive Players

IPL Auction: 10 Most Expensive Players

Rediff.com26 Nov 2024

The IPL 2025 auction was a spectacle of astronomical bids and shattered records.

26/11: 'Rana Will Tell Us About ISI's Role'

26/11: 'Rana Will Tell Us About ISI's Role'

Rediff.com5 Feb 2025

'He is the key to unravel the 26/11 conspiracy.'

Podium finish for Shinde, settles for silver

Podium finish for Shinde, settles for silver

Rediff.com5 Dec 2024

Eknath Shinde, a former auto-rickshaw driver, has emerged as a key leader in Maharashtra, culminating in his appointment as Deputy Chief Minister. His journey from a Shiv Sena rebel to a dominant figure in the state's politics is a testament to his resilience and political acumen. He gained popularity for his pro-people stance and his contributions to infrastructure projects and social welfare schemes, solidifying his position as a powerful player in the Mahayuti alliance.

I Deserve This: Chahal On Rs 18 Cr Deal

I Deserve This: Chahal On Rs 18 Cr Deal

Rediff.com25 Nov 2024

Chahal, thrilled to join the setup, shared his excitement about working with Ponting and teaming up with Shreyas Iyer, the likely captain of the franchise.

One Month Of Trump: The World Is In Shock

One Month Of Trump: The World Is In Shock

Rediff.com20 Feb 2025

The US is currently Earth's most powerful country and a certain latitude of understanding -- a world view -- is popularly expected from its leadership. From a country identified with freedom, constitution, debate, democracy and the likes of Abraham Lincoln even as it had the most powerful military around, the US, following Trump's actions, seemed repositioned as militarily powerful with other qualities secondary, observes Shyam G Menon.

MUDA chairman resigns amid probe against Siddaramaiah

MUDA chairman resigns amid probe against Siddaramaiah

Rediff.com16 Oct 2024

Siddaramaiah is facing the Lokayukta and ED probes into alleged irregularities in the allotment of 14 sites to his wife by the MUDA.

MUDA 'scam' threatening Sidda govt goes back 3 decades

MUDA 'scam' threatening Sidda govt goes back 3 decades

Rediff.com24 Sep 2024

The Mysuru Urban Development Authority (MUDA) case over which the Karnataka Governor Thaawarchand Gehlot accorded sanction for investigation against Chief Minister Siddaramaiah has its origins more than three decades ago.

Godrej Properties to gain from strong land portfolio, demand outlook

Godrej Properties to gain from strong land portfolio, demand outlook

Rediff.com3 Dec 2024

Expansion of its development portfolio, brokerage upgrades, and strong outlook have led to a 15 per cent gain for the stock of real estate major Godrej Properties (GPL) in six trading sessions. The company recently acquired a 53-acre land parcel in Joka, Kolkata with an estimated development potential of 1.3 million square feet of saleable area with an estimated revenue potential of Rs 500 crore.

Best Business Ideas Under Rs 1 Crore

Best Business Ideas Under Rs 1 Crore

Rediff.com10 Feb 2025

India's e-commerce market alone is projected to reach $200 billion by 2026, making it a prime industry for ambitious entrepreneurs, explains rediffGURU Harsh Bharwani.

Sensex falls 200 pts due to selling in FMCG, PSB stocks

Sensex falls 200 pts due to selling in FMCG, PSB stocks

Rediff.com9 Dec 2024

From the 30-share pack, Hindustan Unilever, Tata Motors, Axis Bank, Nestle India, Asian Paints, ITC, Reliance Industries, Mahindra & Mahindra, IndusInd Bank and State Bank of India were among the laggards. Larsen & Toubro, Tata Steel, JSW Steel, HDFC Bank, Adani Ports, Kotak Mahindra Bank, Bharti Airtel and PowerGrid were among the gainers.

Adani to exit consumer goods venture Adani Wilmar in $2 bn deal

Adani to exit consumer goods venture Adani Wilmar in $2 bn deal

Rediff.com31 Dec 2024

Billionaire Gautam Adani's group on Monday announced its exit from FMCG joint venture Adani Wilmar by selling its entire stake to the Singaporean partner and in the open market for an estimated over $2 billion in a first major deal since the US bribery indictment. In a statement, Adani Enterprises Ltd -- which held 43.94 per cent stake in Fortune brand cooking oil, wheat flour and other food product maker Adani Wilmar Ltd -- said it will sell 31.06 per cent stake to Wilmar International. About 13 per cent will be sold in the open market to meet minimum public shareholding requirements.

IPL Auction: Arshdeep, Chahal bag big deals as Punjab Kings splurge the cash!

IPL Auction: Arshdeep, Chahal bag big deals as Punjab Kings splurge the cash!

Rediff.com24 Nov 2024

Arshdeep Singh and Yuzvendra Chahal were snapped up by Punjab Kings in a massive Rs 18 crore deals.

US sanctions Pak, calls its missile programme a threat

US sanctions Pak, calls its missile programme a threat

Rediff.com20 Dec 2024

Asserting that Pakistan developing sophisticated missile technology will give it the capability to strike targets well beyond South Asia, including in the United States, a top White House official said on Thursday that the Asian country's actions are an emerging threat to the United States.

With Paytm deal, Zomato spices up growth menu

With Paytm deal, Zomato spices up growth menu

Rediff.com31 Aug 2024

Food delivery platform Zomato has laid the foundation for its third vertical of growth by agreeing to acquire Paytm's entertainment and ticketing business, said analysts on Thursday (August 22). Zomato, which also runs a quick commerce business called Blinkit, will strengthen its 'going out' offering but the acquisition may take time to yield results, they said. "Paytm's entertainment and ticketing arm will be part of Zomato's District app, which is due to be launched in the coming weeks.

Sidda's wife Parvathi returns 14 sites to MUDA after ED action

Sidda's wife Parvathi returns 14 sites to MUDA after ED action

Rediff.com1 Oct 2024

In a letter to the Mysuru Urban Development Authority commissioner she said she was allotted the 14 alternative sites in the third and fourth phase of Vijayanagar in Mysuru against the usage of her three acres and 16 Guntas of land in Kesare village under Kasaba Hobli in Mysuru.

Explained: Supreme Court's Property Judgment

Explained: Supreme Court's Property Judgment

Rediff.com14 Nov 2024

'A rigid or overly broad interpretation could lead to a chilling effect on investments and growth in sectors traditionally driven by private initiative.' 'Entrepreneurs may fear that their assets could be arbitrarily appropriated by the State under the guise of serving the 'common good' without sufficient legal safeguards.' 'The judgment thus supports a more nuanced view, one that balances individual property rights with public welfare objectives.'

Failure to disclose foreign assets, income to invite Rs 10L penalty: I-T dept

Failure to disclose foreign assets, income to invite Rs 10L penalty: I-T dept

Rediff.com17 Nov 2024

The Income-Tax Department on Sunday cautioned taxpayers that failure to disclose assets held abroad or income earned in foreign shores in the ITR can attract a penalty of Rs 10 lakh under the anti-black money law. The department issued a public advisory as part a compliance-cum-awareness campaign launched recently by it on Saturday to ensure that such information is reported by the assessee in their Income Tax Return (ITR) for assessment year (AY) 2024-25.

Dabur stock fall may provide entry to long-term investors

Dabur stock fall may provide entry to long-term investors

Rediff.com12 Nov 2024

Dabur's performance in the July-September quarter of the current financial year (Q2FY25) was weak but in line with consensus. Consolidated revenue declined 5 per cent year-on-year (Y-o-Y) due to a temporary adjustment in General Trade (GT) inventory. Indian revenue declined 7.6 per cent, while international business grew 13 per cent Y-o-Y in constant currency (CC) terms.

RBI releases draft rules on AePS to counter frauds on payments system

RBI releases draft rules on AePS to counter frauds on payments system

Rediff.com1 Aug 2024

The Reserve Bank of India (RBI) on Wednesday released draft guidelines for streamlining the onboarding and monitoring of Aadhaar Enabled Payment System (AePS) operators to counter frauds perpetuated through the ecosystem. Banks and the National Payments Corporation of India (NPCI) are required to comply with these directions within three months from the date of issue of the guidelines.

Blue Economy Needs Strong Navy Protection

Blue Economy Needs Strong Navy Protection

Rediff.com7 Jan 2025

Naval assets take years to build, and therefore, not only is futuristic force planning essential, but indigenous projects must also be put into the pipeline, technologies developed and contracts for assets signed regularly so that the Indian Navy always remains a future-focussed force, asserts Vice Admiral Biswajit Dasgupta (retd).

Senthil Balaji's appointment as minister terribly wrong: SC slams TN govt

Senthil Balaji's appointment as minister terribly wrong: SC slams TN govt

Rediff.com20 Dec 2024

The Supreme Court of India expressed concern over the appointment of DMK leader V Senthil Balaji as a minister in the Tamil Nadu government despite pending money laundering cases against him. The court questioned the state government's decision, stating it is "terribly wrong" to appoint a person as a minister while facing legal proceedings. The matter has been adjourned to January 15, 2025.

Air India proposes to acquire AirAsia India

Air India proposes to acquire AirAsia India

Rediff.com27 Apr 2022

Tatas-owned Air India plans to acquire no-frills carrier AirAsia India and has sought approval from the Competition Commission for the proposed deal. AirAsia India is majority-owned by Tata Sons Private Ltd with a shareholding of 83.67 per cent and the remaining stake is with AirAsia Investment Ltd (AAIL), which is part of Malaysia's AirAsia Group. Full service carrier Air India and its low-cost subsidiary Air India Express were acquired by Talace Private Limited, a wholly-owned subsidiary of Tata Sons Private Ltd, last year. Besides, Tatas operate full service airline Vistara in a joint venture with Singapore Airlines.

Mahayuti Win Will Boost Adani's Dharavi Plan

Mahayuti Win Will Boost Adani's Dharavi Plan

Rediff.com23 Nov 2024

The Opposition had promised to scrap the Dharavi redevelopment project if it came to power. With the Mahayuti's massive mandate in the Maharashtra assembly election, that prospect has been laid to rest.

HIL Auction: India stars Harmanpreet, Udita steal the show!

HIL Auction: India stars Harmanpreet, Udita steal the show!

Rediff.com16 Oct 2024

India defenders Harmanpreet Singh and Udita stole the show as they emerged as the most costliest players in the auction of Hockey India League.

How To AVOID LOSSES When Markets Crash

How To AVOID LOSSES When Markets Crash

Rediff.com26 Nov 2024

In a falling market, the value of your investment keeps going down. However, the reduction in value is purely a notional loss if you remain invested. When you redeem in a falling market, the notional loss becomes a permanent loss, explains Anamika Pareek.

Cement Inc valuation hits new peaks despite weak earnings

Cement Inc valuation hits new peaks despite weak earnings

Rediff.com30 Oct 2024

There has been a sharp slowdown in revenue and profit growth in the cement sector in recent quarters but it is yet to show in the share prices of cement companies. On the contrary, there has been a rally in cement stocks and a re-rating of their equity valuation in the past three years despite an earnings contraction during the period.

Is Trump A Lot Like Modi?

Is Trump A Lot Like Modi?

Rediff.com28 Jan 2025

After being sworn in as the 47th president of the United States, Trump started his inaugural address with a sentence that echoed Modi's coinage some years ago, notes Modi biographer Nilanjan Mukhopadhyay.

ED conducts multi-state raids on lottery king Santiago Martin

ED conducts multi-state raids on lottery king Santiago Martin

Rediff.com14 Nov 2024

The Enforcement Directorate (ED) conducted searches against Chennai-based 'lottery king' Santiago Martin, the single biggest donor to political parties with over Rs 1,300 crore in electoral bonds, as part of a money laundering investigation. The action comes after the Madras High Court allowed the ED to proceed against Martin following a police decision to close the initial FIR against him.

LIC eyes less than 50% stake in standalone health insurance company

LIC eyes less than 50% stake in standalone health insurance company

Rediff.com4 Oct 2024

State-owned Life Insurance Corporation (LIC) is not keen on a composite license but it is looking to buy less than 50 per cent stake in a standalone health insurance company to enter the health insurance segment such that they have a say in the management of the company, without having to run the company, sources in the know said. "LIC doesn't need a composite licence. "Even if it is introduced, they will not opt for it.

How Can India Deal With Trump 2.0?

How Can India Deal With Trump 2.0?

Rediff.com21 Jan 2025

It would be a challenge to India's policy makers how to deal with Trump so that mutual economic growth remains sustained and mutual understanding on global issues are not hampered, observes Dr Rajaram Panda.

IPL 2025: Meet The Gujarat Titans Squad

IPL 2025: Meet The Gujarat Titans Squad

Rediff.com26 Nov 2024

The Gujarat Titans have cemented their status as a dominant force in the IPL. With a strategic blend of experience and youth, the team is poised to make another strong bid for the title in IPL 2025.

Hrithik Roshan's Top 25 Songs

Hrithik Roshan's Top 25 Songs

Rediff.com14 Jan 2025

Sukanya Verma celebrates Hrithik Roshan's silver work anniversary with a playlist of 25 of his chartbusters.

Vodafone sells 18% stake in Indus Towers for Rs 15,300 crore

Vodafone sells 18% stake in Indus Towers for Rs 15,300 crore

Rediff.com20 Jun 2024

British telecom player Vodafone on Wednesday said it has sold an 18 per cent stake in Indus Towers for 1.7 billion euro (about Rs 15,300 crore). Meanwhile, Bharti Airtel has increased its stake by acquiring 2.69 crore shares, representing a 1 per cent stake, in Indus Towers. The shares were acquired by Airtel at an average price of Rs 320 apiece, taking the transaction value to Rs 862.38 crore, as per the bulk deal data.

'My Manager Is Threatening Me'

'My Manager Is Threatening Me'

Rediff.com18 Oct 2024

rediffGURU Krishna Kumar, founder and CEO of GoMoTech, offers expert advice on how to scale up in your career.

2024's 10 Must Watch K-Dramas

2024's 10 Must Watch K-Dramas

Rediff.com30 Dec 2024

Sukanya Verma lists 10 shows that have her (Korean finger) heart.

Compensation for land acquired for bullet train project not taxable: HC

Compensation for land acquired for bullet train project not taxable: HC

Rediff.com10 Jun 2022

The court directed the NHSRCL to file a correction statement within a month to the effect that the TDS deducted by it while paying the compensation amount to Patil was not liable to be deducted.

Pak conducted artillery tests near LoC: Officials

Pak conducted artillery tests near LoC: Officials

Rediff.com3 Nov 2024

This comes as the neighbouring country strengthens defence ties with Gulf and Western European countries, and its long-standing ally Turkiye, the officials said.

Why Stalin wants Tamilians to have '16 children'

Why Stalin wants Tamilians to have '16 children'

Rediff.com22 Oct 2024

Stalin's comments came two days after Naidu said there was a need to manage the population in Andhra Pradesh given there will be an increase in the aging population.

Despite US indictment, Adani still has a few supporters

Despite US indictment, Adani still has a few supporters

Rediff.com28 Nov 2024

Abu Dhabi's International Holding Company (IHC), one of the largest sovereign funds that manages assets close to $100 billion, has reaffirmed its support to the Adani Group, saying its outlook on investments in the group remains unchanged despite the US indictment of the conglomerate's founder chairman Gautam Adani. "Our partnership with the Adani Group reflects our confidence in their contributions to the green energy and sustainability sectors," IHC, one of Adani group's key foreign investors, said in a statement.

Amazon seeks to acquire complete control of Prione

Amazon seeks to acquire complete control of Prione

Rediff.com22 Dec 2021

E-commerce major Amazon on Wednesday said it will acquire Prione Business Services - its joint venture firm with Catamaran, subject to requisite regulatory approvals. Prione Business Services was formed in 2014 and was coming up for renewal on May 19, 2022. In August this year, Amazon and NR Narayana Murthy's Catamaran announced that they will not continue their JV beyond May 2022. The two parties had not disclosed the reason behind the decision.