'Discussions are on' within the saffron camp, and a final decision on whether to come out of the ruling coalition or not will be taken in one month, he claimed.
Amid intense scrutiny from short-sellers and regulators, Adani group stocks have seen a significant shift in their shareholder base: Relatively opaque foreign portfolio investors (FPIs) have given way to more recognisable investors and broad-based funds. The list of large public shareholders - those directly holding at least 1 per cent - is now dominated by entities, such as the state-owned Life Insurance Corporation (LIC), US-based GQG Partners, Abu Dhabi-based International Holding Company, and Qatar Investment Authority's INQ Holding.
Karnataka high court on Wednesday refused to stay an emergency shareholder meeting called by select investors of Think and Learn Pvt Ltd -- the owner of Byju's -- to oust the company's Founder and CEO Byju Raveendran and his family from the leadership in the edtech firm. Byju's had approached the Karnataka HC seeking a stay on the EGM but the court only gave an interim relief that any resolution passed at the EGM on Friday cannot be implemented before the next court hearing. "It is further submitted that the conditions for convening the Extraordinary General Meeting (EGM) are not complied and no notice is issued as contemplated under Section 100 (3) of the Companies Act 2013," the court order said.
It said the acceptance of necessity accorded to the procurement by the Defence Acquisition Council noted the estimated cost of $3,072 million as provided by the US government, adding the price will be negotiated once policy approval from Washington is received.
Alcaraz missed last year's tournament with a hamstring injury
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
The Delhi high court on Wednesday upheld an order of the Income Tax Appellate Tribunal (ITAT) refusing to stay a notice issued by the Income Tax department to the Congress party for recovery of outstanding tax of more than Rs 100 crore.
India on Thursday approved capital acquisition of a plethora of indigenously-developed military hardware including indigenous BrahMos missiles, marine diesel engine, artillery gun system, electronic warfare suits and utility helicopters at a cost of Rs 70,584 crore as part of a mega procurement plan.
The Securities Appellate Tribunal (SAT) on Thursday quashed the markets regulator Sebi's order imposing a fine of Rs 7 crore on the National Stock Exchange (NSE) in the dark-fibre case. Additionally, the tribunal has set aside a fine of Rs 5 crore levied by Sebi on the exchange's former official Anand Subramanian. Further, it has partly set aside the regulator's order against former MD and CEO of NSE Chitra Ramkrishna, ex-official Ravi Varanasi and a few stock brokers, among others.
The defence ministry on Tuesday approved the procurement of military equipment and weapons worth Rs 28,000 crore that included swarm drones, carbines and bulletproof jackets.
Prashant A Bhonsle explains the tax benefits you can avail under Section 80E of the Income Tax Act.
King Kohli marked his 500th international game with a sublime century, taking his count to 76!
India on Thursday approved proposals for purchasing 26 Naval variant of Rafale jets from France and procuring three French-designed Scorpene class submarines, a day ahead of Prime Minister Narendra Modi's wide-ranging talks with French President Emmanuel Macron in Paris.
There is a rising "trend" to scandalise courts, the Supreme Court said on Friday while issuing contempt notices, including to two advocates, for allegedly attributing motive to a Madhya Pradesh high court judge in a matter related to lease of fishing rights.
Images from Day 4 of the Australian Open in Melbourne on Thursday
IMAGES from the FIFA World Cup Group E match played between Spain and Japan on Thursday.
India's Mars orbiter craft has completed eight years in its orbit, well beyond its designed mission life of six months. Plans on a follow-on 'Mangalyaan' mission to the Red Planet, however, are yet to be firmed up.
Three-times Grand Slam champion Barty received her award three months after retiring from professional tennis at the age of 25.
IT major Infosys on Thursday announced an extension of its digital innovation partnership with the Australian Open (AO) until the end of 2026. The extended collaboration with Tennis Australia will introduce enhanced broadcast match statistics and new initiatives to make tennis more accessible for all, while continuing to develop innovative digital stakeholder experiences, a statement said. The expanded collaboration will see Infosys and Tennis Australia continue to harness Big Data and Analytics, Artificial Intelligence, Virtual Reality and Cloud technologies to elevate the AO experience for fans, players, coaches, partners and the media, it added.
The VAR system took several minutes to confirm the ball had not gone out before Mitoma's touch
A round-up of Friday's action in the Davis Cup.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your personal income tax queries.
German seventh seed Alexander Zverev recovered from a slow start to beat former champion Stan Wawrinka 1-6, 6-3, 6-4, 6-2 in the Australian Open on Wednesday to reach his first career Grand Slam semi-final. Swiss Wawrinka, who won the first of his three Grand Slams at Melbourne Park in 2014, broke Zverev twice early in the opening set to breeze through the opening set but the 22-year-old German came roaring back into the contest.
Images from Sunday's action at the Australian Open in Melbourne.
BJP Meghalaya in-charge Chuba Ao said the party's 'Congress mukt campaign' is valid for the state and hence the party will seek clarification from the chief minister.
Images from India's match against Pakistan in the ongoing Asian Champions Trophy in Chennai on Wednesday.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
India face tough Iraq test sans Chhetri
Osaka, the 2019 and 2021 Melbourne Park champion, has not played on the WTA Tour since the Pan Pacific Open in September, where she pulled out of her second-round match against Beatriz Haddad Maia in Tokyo due to illness.
InterGlobe Aviation, the parent of the country's largest airline IndiGo, will convene a shareholders' meeting on December 30 to amend the company's Articles of Association (AoA) following a joint request from its promoters. The promoters -- Rahul Bhatia and Rakesh Gangwal -- together with their related entities and individuals own 77.4 per cent stake in InterGlobe Aviation. In a regulatory filing on Monday, the company said it will convene an Extraordinary General Meeting (EGM) on December 30 to amend the AoA to remove restrictions on transfer of shares by the promoters.
Former Scotland midfielder Graeme Souness said FIFA needed to be more transparent over VAR decisions.
Chief Justice of India (CJI) N V Ramana on Wednesday did not permit senior advocates to mention cases for urgent listing in the court presided over by him, saying, "No question of allowing seniors to mention".
The Securities and Exchange Board of India (Sebi) has proposed to put a stop to the practice of certain directors occupying permanent board seats at listed companies. The regulator has suggested that the directorship of any individual serving on the board should be subject to periodic approval from shareholders, at least once in five years. In a discussion paper issued on Tuesday, Sebi said a few promoters enjoyed permanency on the board, giving them an undue advantage, prejudicial to the interests of public shareholders.
Coupled with the fact that arms were recovered at the instance of Jamir, there is also evidence showing running of parallel government which was never acknowledged under any peace accord, the judge said.
Tata Sons shareholders have approved a resolution to have separate chairpersons for the company and its largest shareholder -- Tata Trusts. An amendment to the articles of association (AoA) of Tata Sons, which sought to prevent a single person heading Tata Sons as well as Tata Trusts simultaneously, was passed at the company's annual general meeting (AGM) held on Tuesday. With the special resolution being passed with requisite majority of 75 per cent at the AGM, it will now be legally binding for Tata Sons and Tata Trusts to have separate chairpersons.
Andrea Kevichusa grabbed everyone's attention in the Anek trailer, making us wonder who she really is.
The Supreme Court on Thursday said that the matter pertaining to review of the sentence awarded by it in May 2018 to cricketer-turned-politician Navjot Singh Sidhu in an over 32-year-old road rage case has not been listed "unexpectedly".
The airliners will be withdrawn from Air India, sent to France to fit airborne radars, then handed over to DRDO to be integrated with the complex software that will allow these aircraft to function as 'eye-in-the-sky' controllers of air force battles.
The warship is packed with a plethora of sophisticated sensors, modern radar and weapons systems such as surface-to-surface missiles and surface-to-air missiles, according to the Indian Navy.
Kolkata trams -- now in their 150th year -- are the last to survive modernity in Indian cities, writes Ishita Ayan Dutt.
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