The shareholders will also get one redeemable preference share in Vedanta Ltd
Two listed firms belonging to the Baba Kalyani Group (BNK Group) have contested their inclusion as parties in a suit pertaining to family dispute over ownership of chemical firm Hikal. The co-promoters of the company - Kalyani and Hiremath families - are mired in a legal dispute, with the latter seeking transfer of ownership of shares held by the BNK Group, citing nearly three-decade old family arrangement. An affidavit filed in reply to Hiremath's suit petition in the Bombay high court, BF Investment (BFIL) and Kalyani Investment Company (KICL) have stated that they are separate and distinct legal entities and were not even incorporated and party to the 'family arrangement'.
It is a question that his supporters must ask of the prime minister. It may be enjoyable for them to pass through this phase of going after other Indians. But once this has been achieved to satisfaction, then what?, questions Aakar Patel.
Wayanad will continue to support Rahul but not to the same extent as in 2019, when his margin of victory had been enormous. Articulate, to the point and speaking in fluent Malayalam, CPI's Annie Raja, had the people who gathered to see her, listening in rapt attention, notes Shyam G Menon.
A group of assailants has set on fire at least 29 homes of Hindus in Bangladesh over an alleged blasphemous social media post amidst protests by the minority community against temple vandalism incidents during the Durga Puja celebrations last week, media reports said on Monday.
Al Qaeda-linked group claims responsibility for London blasts
The undocking was preceded by a minor incident, involving the ship's listing by around 8 degrees, during flooding of the dry dock,
The Supreme Court has said that the practice of listing religious groups as 'minority communities' should be discouraged and the list be gradually be done away with as it promotes divisive tendencies to weaken the nation.
If Indira Gandhi hadn't targeted the RSS, Narendra Modi wouldn't be sitting pretty with his second majority and looking at a third, asserts Shekhar Gupta.
A private member resolution seeking that the government implement the recommendations of the Sachar Committee report and other reports that have discussed the educational and social backwardness of Muslims and enact a legislation for the prevention of atrocities against minorities was moved in the Rajya Sabha on Friday.
Right-wing activist Kajal Hindustani, who was arrested for allegedly delivering a 'hate speech' that caused a communal clash in Una town of Gujarat's Gir Somnath district, was on Thursday granted bail by a sessions court.
The new provisions strengthen the hands of minority shareholders and will improve corporate governance.
The SP chief said, "If the Congress behaves like this, who will stand with them."
Essar Global Fund, the Ruia company that invested $1.3 billion in telecommunications, towers and business process outsourcing over the years, made $6.5 billion, a five-fold return, when it flipped these businesses, according to discussions the group has had with merchant bankers.
The unrest in the Sandeshkhali region of West Bengal ballooned into a major political row on Thursday as Chief Minister Mamata Banerjee blamed the saffron camp of fomenting trouble in the area, while the Bharatiya Janata Party and the National Commission for Women (NCW) accused her party Trinamool Congress and the state government of being complicit in crimes against women in the area.
The Islamic State group has claimed responsibility for the horrific suicide bombing attack on a shia mosque in Saudi Arabia, which took lives of at least 21 people.
Swami Darshan Bharti, the founder of "Devbhoomi Raksha Abhiyan" which had allegedly pasted threatening posters on shops run by Muslims in the communally tense Purola, on Friday claimed that he has received a death threat.
'When Fadnavis takes our help, it was sabka saath.' 'But when we support his rival, the latter is branded as appeasing Muslims.'
Asking Solicitor General Tushar Mehta, appearing for the state government, to file an updated status report, the bench said, "It should have details like rehabilitation camps, law and order and recovery of arms."
The principal judicial magistrate court in Hanamkonda district granted bail to Kumar on furnishing a personal bond of Rs 20,000 with two sureties.
'The State uses identity politics as part of divide and rule; the militant groups too use identity politics and civil society groups are also divided along ethnic groups.'
AFC Cup tie moved to neutral venue after Australia denies Myanmar club visas
Desai and members of the Uttarakhand panel met the Law Commission chairman, Justice (retired) Ritu Raj Awasthi, and members KT Sankaran, Anand Paliwal and DP Verma.
'Bharat is the core value that has to be lived by and if you deny it, then the people will discard you.'
Sisodia was unhappy with the recommendations, so he asked the then excise commissioner Rahul Singh to seek public opinion by placing the Dhawan Committee report on web site, the agency alleged in the chargesheet.
APSCC Chairman Jagmohan Singh Raina talks about the life and times of the Sikh minority in a politically tumultuous region of Jammu & Kashmir.
The Dahi Handi ritual, part of the Janmashtami festival that marks the birth of Lord Krishna, saw enthusiastic participation by revellers in the metropolis, its adjoining areas and other parts of Maharashtra. The festival was celebrated with traditional fervour and gaiety in Mumbai and other parts of the state.
Concealed beneath the feat, which testifies to his political acumen and survival instincts, is the fact that the 72-year-old leader could never remain at peace with his allies which also made him change partners frequently.
In the Interim Budget, Finance Minister Nirmala Sitharaman announced that a high power committee would be set up to consider the challenges arising from 'fast population grown and demographic changes.' 'But who wants data? It pays to feed people's fears, insecurities and apprehensions. If such fears don't exist, they must be created,' her husband Parakala Prabhakar says in this fascinating excerpt from his book, The Crooked Timber of New India: Essays on a Republic in Crisis.