Jindal Steel buys Omani company for $464 million

Jindal Steel and Power on Thrusday said it has acquired Oman-based Shadeed Iron & Steel for $464 million. "We have acquired Shadeed Iron & Steel (Shadeed) which has 1.5 MT Hot Briquetted Iron (HBI)......

Sony Pictures to buy out Indian promoters in MSM for Rs 1,500 cr

After years of negotiations, the Indian promoters of Multi-Screen Media have exited the venture. Sony Pictures Television, a wholly owned subsidiary of the US-based Sony Pictures Entertainment, has......

Sony: Promoters disagree on stake valuation

Disagreement has surfaced among the Indian promoters of Sony Entertainment Television over the valuation of their combined 32 per cent stake in the channel.Sources said a section of the promoters......

Jindal Steel to invest $2.1 bn in Bolivia

Steel major Jindal Steel and Power Ltd on Friday said it would invest $2.1 billion(about Rs 9,500 crore) to set up new steel plants in Bolivia for which it has reached an agreement with the Latin......

Sanjay Maroo, unplugged on the Rediff Chat

Singer Sanjay Maroo may be well the next trendsetter. His new albumChaley Jaaon is making waves on television. And, the album was promoted entirely on the Internet.On Friday, November 25, Maroo......

India's first legal music downloads, on Rediff

Sanjay Maroo stares at me. His image leaps up from the confines of his web site. He looks broody. When I look away for a minute, all I remember is that stare.If you think about it for a minute, the......

Ghatothkach music launched

Animated film, Ghatothkach, which will be showcased at the ongoing Cannes Film Festival, saw its music release in Mumbai's PVR cinema, Juhu,on May 14. Present at the occasion were directorSingeetam......

Shah Rukh on Vajpayee: 'I have lost a part of my childhood'

'He was one of India's greatest leaders loved and respected by all. He will be missed.' IMAGE: Atal Bihari Vajpayee. Photograph: Reuters Former Prime Minister Atal Bihari Vajpayee passed into the......