Birla takes over as chairman after his group increased its stake to 51 per cent in November 2012 from the earlier 50 per cent.
The country's first ever carmaker, Hindustan Motors, is looking at a second coming. Talks are on for a joint venture with a European auto company focused on the electric vehicle (EV) space. A memorandum of understanding (MoU) has been signed and due diligence is expected to start shortly and will take 2-3 months to conclude.
Chief Judicial Magistrate of the Alipur court, S M Shahnawaz remanded R S Goenka, S K Todi, Prashant Goenka, Manish Goenka, Ravi Todi and Dayanand Agarwal in police custody till December 20.
G P Birla, noted industrialist and the second most eldest member of the Birla clan, passed away after a brief illness in Kolkata on Friday evening. Birla, 86, was younger to his cousin B K Birla, who is now 90. His father, late B M Birla, was the founder of the GP-CK Birla group which has interests in automobiles, bearings, earthmoving, power transmission equipment, cement, fan, IT and consumer durables among others.
The Ambassador or Amby was the first car manufactured in India.
In the wake of the 2G acquittals, here are a few high-profile cases in which question marks were raised by various courts over the CBI's probe.
Former Indian skipper Sourav Ganguly on Wednesday rubbished rumours of him taking over as Cricket Association of Bengal (CAB) president following the demise of Jagmohan Dalmiya.
The eminent director was admitted to Kolkata's B M Birla Heart Research Centre on Wednesday evening after he development chest pain following an accident to Vivek Oberoi.
He was hospitalized two days ago after fainting on the sets of his film when a stunt scene went horribly wrong.
The Birla families on Thursday made it clear that they do not want "a rupee" of the assets of the late Priyamvada Birla but they were united to secure the estate for charity.
The Supreme Court on Thursday directed the Enforcement Directorate to file by February 8 the status report on its probe into coal scam for suspected money laundering and foreign exchange rules violations.
Board of Control for Cricket in India (BCCI) president Jagmohan Dalmiya, who was admitted to hospital few days back after he complained of chest pain, passed away at a city hospital this evening following a massive cardiac arrest.
From former rivals Narayanaswami Srinivasan and Sharad Pawar to current Board of Control for Cricket in India heavyweights, India's cricket fraternity bid an emotional farewell to Jagmohan Dalmiya, who was cremated with full state honours and a gun salute, on Monday.
This is the second deal between Peugeot and the C K Birla group. Last month, the two groups entered a "long-term" partnership, with an initial investment in capital expenditure of close to Rs 700 crore, for vehicle and power-train manufacturing in Tamil Nadu.
The International Cricket condoled the sudden death of BCCI president Jagmohan Dalmiya, saying "cricket has lost a very experienced and seasoned administrator" in him.
Asserting that there is nothing wrong in allocation of coal blocks, former Union Coal Secretary Prakash Chandra Parakh on Wednesday said if the Central Bureau of Investigation considers a conspiracy in this case then Prime Minister Dr Manmohan Singh should be held equally responsible being the final decision maker.
The big boys of India's traditional retail have finally come together to fight the onslaught of their online counterparts.
The Supreme Court on Monday directed the Central Bureau of Investigation to file remaining five of the six charge sheets by March 28 in the coal block allocation scam, declining to grant more time sought by the agency for this purpose.
Former top bureaucrats have come out in support of ex-coal secretary P C Parakh, who has been named by the Central Bureau of Investigation in the coal blocks allocation scam, warning that harassment of honest officers will erode the government's credibility and stop senior officers from taking decisions.
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