The government has slapped a $2.81 billion (about Rs 24,500 crore) demand notice on Reliance Industries and its partners, including BP Plc for gains made from producing and selling natural gas that may have migrated from neighbouring block of state-owned ONGC. This follows the Delhi high court's decision on February 14, overturning an international arbitration tribunal ruling that held the duo not responsible for paying any compensation for the gas they produced and sold which had allegedly migrated from adjoining fields.
'Four days before the shoot, I cut down my water intake to just one litre per day, eliminated salt and carbs, and focused solely on protein.' 'By the time we shot the scene, I was just waiting for it to be over, so I could finally drink water again!'
Sharvari shares some fabulous Monday motivation, as she gets ready to start shooting for her new film, Alpha.
Magnus Carlsen of Norway feels that on current form Indian star D Gukesh is the favourite to win the World Chess Championship
'Deva gave me the chance to push myself as an actor after a long time.'
Varun flying around in over-the-top stunts, showing off his dance moves, taking his shirt off and throwing dialogues in masala hero style. A padded-up star vehicle churned out for the nth time, sighs Mayur Sanap.
Mahindra & Mahindra on Saturday said it has decided to rename its new electric vehicle brand as 'BE 6' but noted that it will continue to contest strongly in court with InterGlobe Aviation for the trademark 'BE 6e'. InterGlobe Aviation, which owns IndiGo airlines, has taken the automaker to court over the usage of 6E in its new EV brand.
Gautam Gambhir's position as India's head coach is under scrutiny following a string of disappointing results and reports of discontent within the team.
The 2024 Nobel Prize in Chemistry has been awarded to David Baker, Demis Hassabis, and John M Jumper, the Royal Swedish Academy of Sciences announced on Wednesday.
Investors should match their investment horizon with the fund's portfolio duration.
Novice investors must understand that volatility is an inherent part of equity markets and learn to navigate through such phases.
US lenders represented by Glas Trust have countered Byju's founder Byju Raveendran's claim on verified debt on the company being merely around Rs 20 crore, and have said that the beleaguered edtech firm will have to pay the entire $1.2 billion Term Loan B along with interest. The founder of Think and Learn (TLPL) and owner of Byju's brand, Byju Raveendran, had about a week ago said that verified debt on the company is only Rs 20 crore as per insolvency proceedings and he may not have to pay any money to the US lenders represented by Glas Trust.
US lenders on Tuesday said that the Delaware Supreme Court ruling has affirmed that Byju's defaulted on Term Loan B while the edtech firm asserted that it has no impact on legal proceedings going on in India. Byju's US-based lenders on Tuesday said the Delaware Supreme Court (SC) in its September 23 order affirmed the previous ruling by the Delaware Court of Chancery and said an event of default had occurred under the credit agreement and entitled Byju's lenders and their administrative agent, GLAS Trust, for action against the company.
BP Plc has won a bid to operate ONGC's giant Mumbai High oil and gas field by offering up to 60 per cent increase in output over baseline, the state-owned firm said on Wednesday. State-owned Oil and Natural Gas Corporation (ONGC) had in June last year floated a tender seeking foreign partners to reverse declining output at its flagship Mumbai High fields, offering a share of revenue from incremental production plus a fixed fee but not any equity stake.
'The present generation, either due to historical amnesia or political propaganda, has been fed a narrative that paints India as an adversary rather than an ally.'
When the creaminess of avocado melds with the tang and spice of chilly jam and feta on toast, we have a winner.
'One problem with machine learning is that extensive human inputs are required.' 'This is both an expense and time consuming.' 'If AIs can do this on their own, the process may become more efficient,' says Devangshu Datta.
Alternative investment funds (AIFs) have crossed Rs 5 trillion in terms of funds raised, while the investment commitments have surpassed Rs 12 trillion for the first time as of September, according to data released by the Securities and Exchange Board of India (Sebi).
Passive funds tracking the National Stock Exchange Nifty Next 50 Index have seen their assets under management (AUM) more than double in the past year. The index's growing popularity can be attributed to its robust 50 per cent return over the same period. Currently, the AUM of funds tracking the Nifty Next 50 index stands at nearly Rs 30,000 crore.
Start your day with walnuts, chia, fruit. You can't go wrong.
Samsung's new entrant Galaxy Alpha is similar in size to the new iPhone 6. We laid our hands on this smartphone and have found 5 reasons to buy it.
Will the new unisex scooter successfully take on the best-selling Activa in India? Read on
Food delivery app Swiggy on Wednesday launched a Rs 11,330-crore initial share sale, asking investors to take a pie of Indian middle class' rising propensity of online ordering. The company, which is present in over 650 cities and towns of the country, is launching the initial public offering (IPO) amid heightened concerns on urban demand slump, and the management stressed that it is unaffected by the broader trends in the economy. "We are also reading about it, but we are not seeing that yet in the business... So far, we have not seen the impact of demand on our business," its chief financial officer Rahul Bothra said.
Shilpa goes for gold... Huma celebrates her birthday... Raveena holidays with daughter...
Sleek, classy, elegant and handy, the Alpha scores high on design.
Troubled edtech firm Byju's founder Byju Raveendran on Thursday said that he is willing to pay back the entire money to lenders if they are willing to work with him. During a two-and-a-half-hour call with the media, Raveendran said that lenders will not get any money if the process of insolvency against the company continues. "If they are willing to work with me, I am willing to give them money back before I take a single rupee out.
'Ensure that all property-related documents are up-to-date.' 'Relying on outdated documents can create legal complications.'
India's thriving mutual fund (MF) industry is drawing interest from several firms, with multiple applications submitted to the Securities and Exchange Board of India (Sebi) for asset management company (AMC) licences.
Food and grocery delivery major Swiggy on Thursday filed its updated draft papers with capital markets regulator Sebi to raise funds through its much anticipated initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares worth Rs 3,750 crore and an offer-for-sale (OFS) of 18.52 crore equity shares by existing shareholders, according to the updated draft red herring prospectus (UDRHP). Market sources have pegged the company's IPO size at over Rs 10,000 crore.
'There is a sense of achievement but it has come at a great cost.'
The Foreign Investment Promotion Board has forwarded complaints against duty-free operator Alpha Airports group to the home ministry and the Directorate General of Export Promotion.
Cue the drum roll... A 'breathtaking, vast and intimidating' image of ocean waves crashing has won the top prize in a prestigious photography competition celebrating Australian and New Zealand snappers. The Alpha Awards was designed to showcase the work of Australian and New Zealand photographers on Sony Alpha lenses. Take a look at the stunning shots.
The wolves had been behind several attacks on villagers in Bahraich. The Uttar Pradesh Forest Department is taking the wolf to a rescue shelter.
Momentum funds can be 10 to 15 per cent more volatile than the Nifty 50.
Active equity mutual fund schemes have improved their showing across key categories over the past three months vis-a-vis their benchmarks.
Stunning! Shreyovi Mehta, 10, is a runner up at the annual worldwide Wildlife Photographer of the Year contest.
Astronomers have discovered a new intriguing exoplanet about the mass of the earth, orbiting a star in the Alpha Centauri star system -- the nearest to our planet.
The Indian Navy which intercepted and boarded the MV Alpha, a Vietnamese registered ship, let off the ship after questioning the crew and cheking the ship's papers, which were found to be in order. "The ship that was intercepted has been searched in accordance with international laws. Its papers were found in order and nothing suscpicous was found," said Captain Nambiar, PRO Defence, Mumbai.
Samsung Galaxy Alpha is a very capable phone, and sales should pick up pace if the company decides to move quickly and brings the price to a more realistic level of about Rs 35,000, says Himanshu Juneja.
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