News for 'acquisition'

How To Study Part-Time At Govt Law College, Mumbai

How To Study Part-Time At Govt Law College, Mumbai

Rediff.com8 Apr 2025

The Government Law College, Mumbai, is inviting applications for its one year part-time Diploma Course in Securities Laws 2025-26.

Reits climb the office ladder even as valuations keep rungs in place

Reits climb the office ladder even as valuations keep rungs in place

Rediff.com31 Mar 2025

Even as concerns grow over the residential real estate market reaching its peak, the outlook for office real estate remains strong, with listed real estate investment trusts (Reits) standing to benefit from sustained demand in the segment.

Private Hospitals to Add 34,000 Beds by FY29

Private Hospitals to Add 34,000 Beds by FY29

Rediff.com17 Apr 2025

Leading chains plan Rs 40K crore infra revival to close capacity gap over next 3-5 years

Tesla's EVs to start rolling out of Satara in Maharashtra?

Tesla's EVs to start rolling out of Satara in Maharashtra?

Rediff.com19 May 2025

The US carmaker's entry into India is expected by the last quarter of the current financial year.

India Set For Rs 32 Trillion Defence Budget... In 2047

India Set For Rs 32 Trillion Defence Budget... In 2047

Rediff.com2 Jun 2025

'Make-in-India played a key role in India's effective action against terrorism during Operation Sindoor.'

No More ITR-2 for LTCG Up To 1.25 Lakh

No More ITR-2 for LTCG Up To 1.25 Lakh

Rediff.com2 May 2025

Until now, salaried individuals having income under the head LTCG were required to file Form ITR-2.

Mumbai-Goa highway to be ready by June, no more toll booths: Gadkari

Mumbai-Goa highway to be ready by June, no more toll booths: Gadkari

Rediff.com15 Apr 2025

Union Minister for Road Transport and Highways Nitin Gadkari has announced that the long-delayed Mumbai-Goa highway will be completed by June this year. He also revealed that a new toll policy will be announced within the next 15 days, which will eliminate physical toll booths across the country. Gadkari attributed the delay in the highway project to legal disputes and land acquisition issues. He expressed confidence in India's infrastructural future, stating that the country's road infrastructure will be better than that of the United States in the next two years.

Sun Pharma Q4 profit down 19% at Rs 2,149.8 cr, revenue up 8%

Sun Pharma Q4 profit down 19% at Rs 2,149.8 cr, revenue up 8%

Rediff.com23 May 2025

India's largest drug maker Sun Pharmaceutical on Thursday posted a decline of 19 per cent year-on-year (Y-o-Y) for its consolidated net profit for the fourth quarter of the financial year 2025 (Q4FY25) at Rs 2,149.8 crore. Meanwhile, its revenue from operations rose by 8 per cent at Rs 12,958.8 crore.

How To Cope With Rising Rents

How To Cope With Rising Rents

Rediff.com12 May 2025

'Always ensure that lease terms are clearly written in the agreement, including rent escalation clauses and notice periods.'

Sensex jumps 1,006 pts on buying in RIL, foreign fund inflows

Sensex jumps 1,006 pts on buying in RIL, foreign fund inflows

Rediff.com28 Apr 2025

Sun Pharma, Tata Steel, State Bank of India, Axis Bank, Tata Motors, Larsen & Toubro and ICICI Bank were also among the Sensex gainers. HCL Tech, UltraTech Cement, Nestle and Hindustan Unilever were among the laggards.

'Clients Are In Risk-management Mode'

'Clients Are In Risk-management Mode'

Rediff.com28 Apr 2025

'Entering India is exciting, but it's also challenging. You have to be prepared for long-term investment.'

Cognizant Q1 net income rises 21.4%

Cognizant Q1 net income rises 21.4%

Rediff.com2 May 2025

Information-technology (IT) services major Cognizant has kept its full-year guidance on revenue growth unchanged at 3.5-6 per cent in constant currency even as the industry is becoming cautious about macro conditions because of tariff wars.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com20 Apr 2025

Trading sentiment in the equity market will largely be driven by domestic corporate quarterly earnings, any update related to US tariffs and foreign fund movements this week, analysts said. Investors would also focus on world market trends, movement of global oil benchmark Brent crude and the rupee-dollar trend for further cues, experts noted.

'No project completed on time', IAF chief uses Salman Khan's dialogue

'No project completed on time', IAF chief uses Salman Khan's dialogue

Rediff.com29 May 2025

Chief of Air Staff Air Chief Marshal A P Singh on Thursday flagged serious concerns over inordinate delays in various defence acquisition projects and failure to stick to delivery schedules for supply of key platforms even as he hailed Operation Sindoor as a 'national victory'.

'Exceptional item' keeps Paytm in loss with Rs 540 crore hit in Q4FY25

'Exceptional item' keeps Paytm in loss with Rs 540 crore hit in Q4FY25

Rediff.com7 May 2025

One97 Communications Ltd (OCL), the company that operates the Paytm brand, posted a consolidated loss of Rs 539.8 crore in the fourth quarter of 2024-25 (Q4FY25), slightly lower from the Rs 549.6 crore it reported in Q4FY24. Sequentially, the fintech company's loss widened from Rs 208.3 crore in Q3FY25 on account of a one-time exceptional expense amounting to Rs 522 crore during the quarter ended March 2025.

Ukraine Overtakes India in Arms Import

Ukraine Overtakes India in Arms Import

Rediff.com11 Mar 2025

The five largest exporters of major arms in 2020-2024 were the US (43 per cent), France (9.6 per cent), Russia (7.8 per cent), China (5.9 per cent), and Germany (5.6 per cent).

Why Gautam Adani is on a buying spree

Why Gautam Adani is on a buying spree

Rediff.com21 Nov 2024

The billionaire Adani family, which is building an in-house construction and engineering ecosystem by acquiring ITD Cementation and PSP Projects, is actively seeking additional acquisition opportunities, according to bankers. As part of its $100 billion investment plan by 2030, the Ahmedabad-based group has undertaken several large-scale construction projects, including the Dharavi redevelopment, Ganga Expressway, a mega convention centre in Mumbai and airports.

After cement, Adani and Birla are set for a face-off in the wires and cable biz

After cement, Adani and Birla are set for a face-off in the wires and cable biz

Rediff.com30 Mar 2025

After cement, billionaire Gautam Adani's group and Kumar Mangalam Birla's Aditya Birla Group are set for a face-off in the wires and cable business with both conglomerates announcing forays into the high double-digit growth sector.

Cong holds protest against ED action Sonia, Rahul in National Herald Case

Cong holds protest against ED action Sonia, Rahul in National Herald Case

Rediff.com16 Apr 2025

The Enforcement Directorate on Tuesday said it had filed a chargesheet on April 9 in a money laundering case related to the National Herald newspaper. Apart from Sonia and Rahul Gandhi, the chargesheet also names senior Congress leaders Sam Pitroda and Suman Dubey as co-accused.

Immigration Bill introduced in LS amid Oppn protest

Immigration Bill introduced in LS amid Oppn protest

Rediff.com11 Mar 2025

The legislation is aimed at streamlining various services related to immigration and foreigners, including their entry, exit and stay in India.

Swiggy losses widened nearly 2x in March quarter

Swiggy losses widened nearly 2x in March quarter

Rediff.com10 May 2025

Food delivery aggregator Swiggy saw its loss widen for the fourth quarter (January-March) of financial year 2024-25 (Q4FY25). The firm reported a consolidated loss of Rs 1,081.1 crore for the quarter, compared to a loss of Rs 554.7 crore in the corresponding quarter of FY24.

Over 1 lakh Muslims protest Waqf law in Karnataka, recall Shahbano stir

Over 1 lakh Muslims protest Waqf law in Karnataka, recall Shahbano stir

Rediff.com18 Apr 2025

Over one lakh Muslims gathered in Karnataka to protest the Waqf Amendment Act, 2025, which they say erodes the autonomy of Waqf institutions and threatens their rights. The protest, organized by the Karnataka State Ulema Coordination Committee, saw strong opposition to provisions in the amended law that they argue allow for coercive acquisition of Waqf properties. Leaders alleged that the amendment is part of a broader political agenda and urged the community to uphold their legal and constitutional rights.

Pak Airspace Shut: Indian Carriers Redraw Flight Paths

Pak Airspace Shut: Indian Carriers Redraw Flight Paths

Rediff.com25 Apr 2025

Executives from India's leading airlines are conducting internal meetings to devise alternative routes for their international flights that currently pass through Pakistani airspace.

'India Is In A State Of 'Not War, Not Peace'

'India Is In A State Of 'Not War, Not Peace'

Rediff.com11 Mar 2025

'And this will persist given the two-and-a-half-front threat we face.'

MI's Vignesh Puthur Impresses On Debut

MI's Vignesh Puthur Impresses On Debut

Rediff.com24 Mar 2025

On day two of IPL 2025, 24-year-old Vignesh Puthur left teammates and spectators in awe with a performance that showed class and maturity.

Bangladesh court issues arrest warrants against Hasina, son in land case

Bangladesh court issues arrest warrants against Hasina, son in land case

Rediff.com15 Apr 2025

A court in Bangladesh has issued fresh arrest warrants against former Prime Minister Sheikh Hasina, her son Sajeeb Wajed, and 16 others in two cases related to alleged irregularities in allocating residential plots on the outskirts of the capital. The warrants were issued based on chargesheets filed by the Anti Corruption Commission (ACC), which alleges that Hasina and her family members illegally acquired plots in Purbachal New Town by abusing state power. The court has ordered police to submit a report by April 29 on the progress of executing the warrants. This is the latest in a series of legal actions against Hasina and her family members since her Awami League regime was toppled last year in a student-led mass uprising.

Rs 118 cr: MF Husain painting is India's most expensive

Rs 118 cr: MF Husain painting is India's most expensive

Rediff.com21 Mar 2025

MF Husain's Untitled (Gram Yatra), a 13-panel masterpiece from the 1950s, has been sold at a Christie's auction in New York for USD 13.8 million, setting a new record for the most expensive work of modern Indian art. The sale nearly doubles the previous record held by Amrita Sher-Gil's "The Story Teller." "Gram Yatra," meaning "village pilgrimage," is considered a cornerstone of Husain's oeuvre, celebrating the diversity of independent India. The painting was acquired by a doctor in Delhi in 1954 and later bequeathed to Oslo University Hospital. The proceeds of the sale will support the training of future doctors at the institution.

New bill proposes 7-year jail, Rs 10L fine for forged passports in India

New bill proposes 7-year jail, Rs 10L fine for forged passports in India

Rediff.com16 Mar 2025

India is proposing a new law that would impose a jail term of up to seven years and a fine of Rs 10 lakh on anyone found using a forged passport or visa to enter, stay, or exit the country. The Immigration and Foreigners Bill, 2025, also mandates reporting of foreign visitors by hotels, universities, and hospitals to track overstaying individuals. The bill aims to simplify laws, ease business, and strengthen national security while promoting economic growth and tourism.

Govt approves Rs 62,700-cr deal for 156 indigenous LCH Prachand

Govt approves Rs 62,700-cr deal for 156 indigenous LCH Prachand

Rediff.com29 Mar 2025

The CCS approved the proposal to buy 156 LCH 'Prachand' worth over Rs 62,500 crore from HAL, Defence Minister Rajnath Singh said.

6 MF Entrants To Make 2025 Record Year

6 MF Entrants To Make 2025 Record Year

Rediff.com8 Jan 2025

While Angel One and Unifi Capital have obtained the final licence, Jio BlackRock, Capitalmind, Choice International and Cosmea Financial Holdings have received in-principle approvals.

Varun Beverages' growth strategy could help investors reap benefits

Varun Beverages' growth strategy could help investors reap benefits

Rediff.com20 Dec 2024

The VBL board approved the purchase of SBC Tanzania for Rs 1,304 crore and SBC Beverages Ghana for Rs 127 crore. These own manufacturing/distribution rights for NARTD (PepsiCo branded) beverages in Tanzania and Ghana. The acquisitions will help VBL gain ground in East and West Africa.

Why I Love Warren Buffet. It's Not What You Think

Why I Love Warren Buffet. It's Not What You Think

Rediff.com12 May 2025

'He has been one of the clearest thinkers in the history of business.'

Kriti, Vikrant Win Big At IIFA Digital Awards

Kriti, Vikrant Win Big At IIFA Digital Awards

Rediff.com9 Mar 2025

The IIFA Digital Awards were announced on Saturday, March 8, 2025, night in Jaipur. Take the look at the winners.

Private equity-backed mergers and acquisitions fall to 31-month low

Private equity-backed mergers and acquisitions fall to 31-month low

Rediff.com26 Sep 2023

The number of mergers and acquisitions (M&As) in August that involved private equity (PE) funds was the lowest in nearly three years. There were 26 such deals last month, according to data from tracker Refinitiv (part of London Stock Exchange Group). The last time monthly deal numbers were so low in recent times was January 2021 when Covid cases were picking up during the second wave of the pandemic.

Rahul's Payback: Statement Knock And A Cold Handshake

Rahul's Payback: Statement Knock And A Cold Handshake

Rediff.com23 Apr 2025

Goenka approached Rahul after the match to congratulate, only to receive what looked like a cold, disinterested handshake. No words, no eye contact. Just quiet closure and a telling payback.

Adani to buy CK Birla group firm Orient Cement for Rs 8,100 cr

Adani to buy CK Birla group firm Orient Cement for Rs 8,100 cr

Rediff.com22 Oct 2024

Billionaire Gautam Adani-led Adani Group on Tuesday said it will acquire CK Birla group firm Orient Cement at a valuation of Rs 8,100 crore as part of its expansion drive. Ambuja Cements, the cement and building material company of Adani Cement and part of the diversified Adani Group, has signed a binding agreement for the acquisition of Orient Cement Ltd (OCL) at an equity value of Rs. 8,100 crore.

Indian IT companies need to be paranoid: HCL CEO

Indian IT companies need to be paranoid: HCL CEO

Rediff.com24 Feb 2025

The time is up for the over three-decades-old business model with the advent of artificial intelligence, HCL Technologies' chief executive C Vijayakumar said on Monday. Speaking at industry lobby grouping Nasscom's annual NTLF event in Mumbai, Vijayakumar said companies need to be "paranoid", given the wide-ranging impact of AI and stressed that this attitude will help them to be relevant and grow. "I strongly believe that the business model is ripe for disruption.

5 Reasons Why KKR Are Struggling in IPL 2025

5 Reasons Why KKR Are Struggling in IPL 2025

Rediff.com22 Apr 2025

For KKR, IPL 2025 is slipping away rapidly. They need more than just a few tactical tweaks - they need clarity of leadership and bold but sensible changes in their playing XI.

ED grills Vadra for 5 hrs in land case; more quizzing on Wednesday

ED grills Vadra for 5 hrs in land case; more quizzing on Wednesday

Rediff.com15 Apr 2025

Vadra has been questioned multiple times by the federal probe agency in a different money laundering case.

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.