Russian oil giant PJSC Rosneft Oil Company is in early talks with Reliance Industries for sale of its 49.13 per cent stake in Nayara Energy, which operates a 20-million tonnes-a-year oil refinery and 6,750 petrol pumps in India, sources said. Reliance has held preliminary talks for acquisition of Nayara, which will help it overtake state-owned Indian Oil Corporation (IOC) to become India's No.1 oil refiner as well as give a meaningful presence in the fuel marketing space.
The dispute between Aakash Educational Services Ltd (AESL) and edtech firm Byju's has escalated, with Aakash filing a sharply worded petition before the National Company Law Tribunal (NCLT) in Bengaluru, alleging conflict of interest and professional misconduct by global consulting firm Ernst & Young (EY), according to court filings
A police officer said the email was sent by two siblings enrolled in the school because they wanted the exams to be postponed.
The Allahabad High Court's Lucknow bench has disposed of a petition challenging Congress leader Rahul Gandhi's Indian citizenship, allowing the petitioner to explore other legal options. The court stated that since the central government couldn't provide a timeframe for resolving the petitioner's complaint, there was no reason to keep the petition pending.
IPL allows temporary replacements considering non-availability of a few foreign players
The richest Asian Mukesh Ambani is flying to Doha to meet US President Donald Trump, his second meeting since Trump returned to presidency in January this year.
Tahawwur Hussain Rana, a key figure in the 2008 Mumbai terror attacks, has been extradited from the US to India and produced before a Delhi court. Rana, a close associate of David Coleman Headley, was brought to India after the US Supreme Court dismissed his review plea against extradition. The National Investigation Agency (NIA) has sought 20 days of custody to interrogate Rana, citing clinching evidence, including emails. The agency believes that Rana's interrogation is critical to understanding the larger conspiracy behind the attacks and his role in planning them.
Tough times don't last, but tough people -- and smart financial strategies - do, says Ramalingam Kalirajan
After the merger of regional rural banks (RRBs) under the "One State, One RRB" policy to improve their efficiency and minimise competition among public-sector banks (PSBs) that sponsor them, the government is planning to list at least five RRBs by the end of financial year 2026-27 (FY27). After the latest amalgamation that came into effect on May 1, there are 28 RRBs in 26 states and two Union Territories (UTs), with more than 22,000 branches covering 700 districts.
A decline in the initiation of the corporate insolvency process last year is spurring most Big Four firms to rethink and rejig their insolvency verticals to focus on business beyond Insolvency and Bankruptcy Code (IBC), industry experts said. Between the June and December quarter of FY25, the number of insolvency applications initiated by financial creditors went down from 150 to 84.
'Many global investors have been overweight on dollar assets, so some diversification or hedging is naturally expected.'
The police said they have lodged an FIR and launched an investigation into the matter after a representative of the TV channel, located in Sector 16A Film City, approached them Tuesday evening.
Tahawwur Hussain Rana, a Pakistani-origin Canadian businessman and accused in the 26/11 Mumbai terror attacks, has moved a court seeking permission to talk to his family members. The NIA has been directed to file a reply by April 23.
Two associations claiming to represent Bihar chess has startled the AICF.
AIS Technolabs' Global Scholarship Program 2025 offers financial support and leadership opportunities to undergraduate and postgraduate students from around the world, in any field of study.
https://www.rediff.com/business/report/why-ipo-bound-oyo-seeks-to-rename-parent-firm/20250530.htm
It was reacting to lawyer Mathews Nedumpara's email to the top court in which he claimed the apex court has been hearing only constitution bench matters, which have no public interest involved, and not the cases of ordinary citizens.
A man from Kerala, Ani Thomas Gabriel, 47, was shot dead at the Jordan-Israel border on February 10, according to his relatives. Gabriel's family received an email from the Indian Embassy on March 1 confirming his death. Gabriel and a relative, Edison, were attempting to cross the border with the help of an agent. Edison was also shot but survived and has since returned home with injuries. Gabriel is survived by his wife, Christeena.
'Most tax notices arise not from wrongdoing, but from unintentional mismatch or ignorance.'
Bomb threats were received by a few schools in Delhi on Tuesday, making it the second such incident this week and the fifth in nine days in the national capital, officials said.
The boy told police that he sent the mail after seeing media reports about several schools in Delhi getting bomb threats. He believed that he would not get caught as none of the accused in the earlier cases had been caught yet, the source said.
A young man from Jalna city in Maharashtra, who recently returned from Kashmir, has claimed that one of the suspected attackers in the Pahalgam terror case spoke to him a day before the carnage.
The Delhi High Court has ordered the removal of a YouTube video by YouTuber Shyam Meera Singh alleging misconduct against spiritual guru Sadhguru's Isha Foundation. The court found the video's title "clickbait" and restrained Singh from further publishing allegations against the foundation. The court also directed X (formerly Twitter), Meta and Google to remove the alleged defamatory content.
Krish Lal Isserdasani is an engineering student at the University of Wisconsin-Madison, the Milwaukee Journal Sentinel reported.
The statement from the IPL fails to mention the reason for the penalty imposed on the Australian.
When Gensol Engineering made its public market debut through a small and medium enterprises (SME) initial public offering (IPO) in September 2019, its promoters held a commanding 96 per cent stake. Now, that figure has shrunk to a "negligible" fraction.
Investigators suspect that similar terror plots were devised for multiple cities across India.To piece together the full scope of the conspiracy, officials may take Rana to various locations, retracing events from 17 years ago.
Seven months after their daughter's rape-murder at RG Kar Medical College and Hospital, the parents of the deceased doctor finally received her death certificate from West Bengal Health Secretary NS Nigam. The health secretary visited the doctor's residence on Wednesday evening to deliver the original death certificate to her parents. The victim's father had been demanding the certificate since the incident in August and alleged that he had to go through bureaucratic hurdles to obtain it.
US President Donald Trump has posted a seemingly AI-generated photo of himself in papal attire on his social media, sparking a dueling backlash and praise. The image, which was also posted from the White House's social media handle, prompted many social media users to call it "cosplaying as the next Pope." The photo comes days after Trump had jokingly said last week that he would be his own "number one choice" for the next pope. The president posted the picture at 10:29 pm Friday, without a caption or comment. The post immediately garnered positive and negative reaction online.
Fostering kindness doesn't require grand gestures; even the smallest acts can create a ripple effect, cultivating a more harmonious and effective work culture.
The journey of life will always come with its temptations; it is the ability to stick to your goal that will eventually lead you to success. A fascinating excerpt from Manish Vij's must-read book, Brick by Brick.
'While investors believe in India's long-term growth story and resilience amid global uncertainty, they see near-term risks around the direction of a global trade war.'
Companies may foot less of the tax bill for some time yet. The corporate share of net direct tax collections has been lower in 2024-25 than in previous years. The corporate segment accounted for 45.6 per cent of total net direct tax collections as of March 16, compared to 48.1 per cent on the same date in 2023-24 (FY24).
Laxman Sadhu Shinde's body was found in Bihar's Jehanabad district on Tuesday. He had landed at the Patna airport on April 11.
The flight, operated by Russian airline Azur Air, was scheduled to land at the Dabolim airport in South Goa at 4.15 am, a senior police official said.
The income-tax (I-T) department has issued showcause notices under Section 68 of the Income-Tax Act to several startups over funds routed through Singapore, seeking explanations for investments received over the past five years, people familiar with the development said. The department is questioning the source, identity, and creditworthiness of overseas investors in these transactions, they said.
In an age where personal data is a valuable commodity, investing in cyber insurance is not just a prudent choice; it is becoming a necessity for individuals and families alike, says T A Ramalingam.
The banker was asked to be present as the police wanted to record statements of witnesses, the official said.
Maharashtra Cyber has issued advisories to various state government departments, including police, to take precautionary steps to avoid cyber attacks after the credentials of many of these departments were found on the darknet. The departments include the Maharashtra Public Service Commission, the Directorate General of Information and Public Relations (DGIPR), the Electricity Department, Maha DBT, among others. Maharashtra Cyber has also written to the Ministry of Electronics and Information Technology (MeitY) recommending blocking of Wikipedia and Proton Mail platforms under relevant sections of the Information Technology Act for failing to comply with specific police directives.
Three schools in Delhi received bomb threats via email on Friday morning, prompting a multi-agency response, including searches by police and bomb detection teams. The threats come after at least 44 schools received similar emails on December 9, which were declared hoaxes by police. Authorities are currently conducting checks at the schools, and parents have been advised not to send their children to classes.
