The BCCI Ombudsman has banned Gurmeet Singh Bhamrah, former co-owner of a Mumbai T20 League franchise, for making a corrupt approach to city players Dhawal Kulkarni and Bhavin Thakkar during the 2019 edition of the event. The ban, which could be anything between five years to a life ban, was imposed based on a report from the BCCI's Anti Corruption Unit (ACU). The order states that Bhamrah, through an intermediary, offered money and other benefits to Thakkar in exchange for underperforming in matches.
Indian drugmakers supply 47 per cent of the generic medicine requirements in the US, and tariffs would have increased prices in the US domestic market for patients, who are already dealing with drug shortages.
The Union Budget 2025-26, while promising a new framework for smoother mergers and acquisitions (M&As), has plugged a major loophole on carry-forward losses for a total of eight assessment years between amalgamating company and amalgamated company from the date of loss instead of date of the merger. For all mergers effected on or after April 1, 2025, the losses can be carried forward only for the residuary period (counting from the date of loss).
Everyone is talking about the tight slap that Armaan Malik gave Vishal Pandey on Bigg Boss OTT 3.
It is important to note that neither of the patients have any history of international travel, the ministry underlined.
the largest transactions of the year include the merger of Quality Care India and Aster DM Healthcare valued at $5.08 billion, followed by Bharti Enterprises' acquisition of a 24.5 per cent stake in the BT Group at $4.08 billion, and a family settlement transaction in the Godrej family at $3.5 billion.
After a year of decline, mergers and acquisitions (M&As) in India increased 13.8 per cent, reaching $69.2 billion in the first nine months of 2024, as against $60.8 billion during the same period in 2023. Led by Indian companies and private-equity (PE) firms, 2,301 transactions were signed between January and September this year as compared to 1,855 transactions reported in the same period last year, according to the Bloomberg data.
The Street will thus keep an eye on the operating profit margins over the next couple of quarters.
Private credit is fast emerging as a major source of finance for projects in India as several entrepreneurs are looking for short-term debt to bridge the funding gap due to difference in pricing for equity dilution, top officials at PwC India said. They said while new private equity (PE) investments during the past two years have declined, several public market exits by PEs were observed during that period. Several companies are likely to approach capital markets in the near future to provide liquidity to PE fund investors.
Thanks to a booming market, India now has more than 300 family offices, up from 45 in 2018, according to a PwC report. The number is expected to grow rapidly, with promoters establishing more businesses in Tier-II and Tier-III cities. Family businesses play a crucial role in India's booming economy, spanning manufacturing, retail, real estate, healthcare, and finance.
'I could have never imagined such a day would come and bring light and celebration of light.'
'No small artistic film can even hope to win, except, maybe, as random tokenism,' asserts Deepa Gahlot.
Banking technology start-up Zeta is the latest entrant to the unicorn club after raising $250 million in its Series C round from SoftBank Vision Fund 2. Sodexo participated as an additional minority investor in the round. Founded by serial entrepreneur and billionaire Bhavin Thurakia, the startup is now valued at $1.4 billion. It is the 14th company this year to cross the $1 billion valuation mark after Meesho, Cred, Pharmeasy, ShareChat, Moglix and others.
Instead of being guided only by returns, investors should also factor in the risks of lending on these platforms.
Just as much as the magic of cinema, Chhello Show is about the imagination of a child and the typical Indian jugaad, observes Deepa Gahlot. Chhello Show
Ryan Campbell is in a stable condition and is out of sedation just over a week after suffering a heart attack
Mumbai will be without injured pace bowler Dhawal Kulkarni for their Ranji Trophy semi-final against Madhya Pradesh, starting February 13, at Cuttack.
Gujarat's Ahmedabad Municipal Corporation has formed 100 teams to ensure that its 'no vaccine-no entry' rule is being implemented in the city to prohibit those people who have not taken anti-coronavirus vaccine doses so far, from visiting public places like malls and restaurants, an official said on Wednesday.
Readers share the stories and strategies behind their weight loss. Today, Bhavin Jitendra Shah from Mumbai tells us his story.
Bhavin and Divyank Turakhia remain as committed as ever to incubating start-ups despite selling their firm for $900 mn
The two parties did not share the deal size but said MavenHive's two founders and 40-odd team members have joined the Bansal-owned firm. MavenHive was started by Bhavin Javia and Anandha Krishnan in 2012.
Rediff readers have shared these photographs of India from their travels.
Bhavin and Divyank Turakhia, co-founders of $ 300 million company Directi in an interview with rediff.com speak about their company's vision, their future plans and how they succeeded as entrepreneurs.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Reader Bhavin Patel has sent us a photograph.
Senior cricketers Sachin Tendulkar and Zaheer Khan were on Thursday included among the probables for the Mumbai Ranji Trophy squad for the 2012-2013 domestic season.
Mumbai's bid to clinch their 41st Ranji Trophy crown, and the first after two seasons, got a significant boost with the availability of fit-again pacer Dhawal Kulkarni for the final against Saurashtra in Pune. Kulkarni missed the semi-final against Madhya Pradesh at Cuttack, after picking up an injury during their quarter-final victory over Jharkhand at Mysuru. Other than his inclusion, the Mumbai selectors have retained the squad that secured their place for their 45th title clash in Cuttack. Significantly, when Mumbai clinched their 40th crown, Saurashtra were their opponents in the 2012-13 season. The five-day final will begin on February 24.
Is your love life under pressure? Are you troubled by your relationship? Get Ahead's Love Guru hosted a chat with readers on April 19 to help them deal with love problems. For those of you who missed it, here's the transcript.
In the start-up world, hitting the $1-billion mark, which accords the "Unicorn" tag, is a milestone. Enterprises typically reach the milestone only by series C or series D, or three to four funding rounds later. Zeta achieved it at the first one. On May 25, the six-year-old banking tech firm raised $250 million from Japanese conglomerate SoftBank, at a post-money valuation of $1.45 billion. "This is the first time we have raised institutional money," Zeta co-founder Bhavin Turakhia beamed on the conference call. This trajectory is uncommon in start-ups.
Share your unique, original photographs of the season with us!
The RBI is of the view that it cannot carry out satisfactory due diligence for granting registration because the funding is from a jurisdiction that has been identified by FATF as having weak measures to combat money laundering and terrorist financing.
Mumbai colts are participating in the Moin-ud-Dowla Gold Cup invitation cricket tournament, at Hyderabad from September 6.
Stay focused on eating healthy, staying physically active, and practice regular meditation.
Riding on Ajit Agarkar's five-wicket haul Mumbai stormed into the semi-finals of the Ranji Trophy with a convincing nine-wicket victory over Himachal Pradesh at the Sardar Patel Stadium in Ahmedabad on Monday. Resuming on 200 for five, Himachal Pradesh could manage only 87 runs before being bundled out for 287, giving Mumbai an easy target of 43 runs.
A devastating six-wicket haul by paceman Abhishek Nayar helped Mumbai restrict Himachal Pradesh to 250 in their first innings in their Ranji Trophy quarter-final match in Ahmedabad on Friday.
The company has also issued a ban on all non-essential domestic and international business travel, and is encouraging employees who may have returned from international travel to work from home for 14 days.
It also barred the seven entities Latesh Chheda, Viren Kenia, Bhavin Chheda, Chetan Rathod, Neptune Fincot, Dhiren Pajwani and RSS Investment from the market.
Sachin Tendulkar and Vinod Kambli figure among the list of probables declared on Monday.
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