News for 'promotion-of-india'

Promoter holdings in private listed firms drop 600 bps to 37% since 2021

Promoter holdings in private listed firms drop 600 bps to 37% since 2021

Rediff.com9 Jul 2025

Promoters of India's top private listed companies have cut their stakes sharply since 2021, taking advantage of elevated valuations and reshaping ownership dynamics in the market. Holdings of promoters in the top 200 privately owned listed firms declined nearly 600 basis points (bps) to 37 per cent at the end of FY25, from 43 per cent in FY21.

China flags handling differences, resolving misgivings in India talks with Misri

China flags handling differences, resolving misgivings in India talks with Misri

Rediff.com28 Jan 2025

In the talks, China emphasised that the two sides should proceed from the fundamental interests of China, India and adhere to the strategic height and long-term perspective of China-India relations, the readout said.

India's Billionaire Club Has New Entrants

India's Billionaire Club Has New Entrants

Rediff.com9 Jan 2024

The IPO boom in 2023 added four new promoters to the billionaires' list.

CEO earnings up in tandem with profits of companies

CEO earnings up in tandem with profits of companies

Rediff.com19 Aug 2022

Mirroring the increase in the earnings of their companies, the chief executives and promoters of India's top listed firms gained handsomely from the boom last financial year. Their remuneration includes salaries, perquisites or perks, and profit-linked commissions.

Economy in bad shape, but rich year for tycoons

Economy in bad shape, but rich year for tycoons

Rediff.com27 Dec 2018

Mukesh Ambani remains the country's wealthiest promoter as his stake in Reliance is now worth Rs 3.25 trillion!

Why Dalal Street is worried about promoters pledging shares

Why Dalal Street is worried about promoters pledging shares

Rediff.com19 Feb 2019

With markets expected to remain volatile, promoters and lenders exposed to the industrials and materials space can face brunt of the price erosion of the pledged shares.

Success recipe of Tata, Wipro and Cipla

Success recipe of Tata, Wipro and Cipla

Rediff.com8 May 2014

Corporate houses like Tata Sons and Wipro have not only seen growth in India but have created a name in global markets too.

Need to meet infrastructural deficit: FM

Need to meet infrastructural deficit: FM

Rediff.com20 Feb 2013

To meet the financing requirements of the infrastructural deficit, many more institutions are required to share this responsibility, Chidambaram said on Tuesday, while launching operations of India's first Infrastructure Debt Fund under the NBFC Structure by handing over the First IDF -- NBFC License to the Promoters of India Infra Debt Limited -- ICICI Bank, Bank of Baroda, Citibank and Life Insurance of Corporation.

Daiichi-Ranbaxy row: HC orders attachment of assets

Daiichi-Ranbaxy row: HC orders attachment of assets

Rediff.com26 Feb 2018

The court also restrained RHC Holdings from operating its bank accounts except for payment of salaries and statutory dues till March 23, the next date of hearing.

India eyes MotoGP in 2012

India eyes MotoGP in 2012

Rediff.com23 Nov 2010

The promoters of India's inaugural Formula One Grand Prix in 2011 are in talks with MotoGP bosses to bring the world motorcycling championship to the country, a company spokesman said on Tuesday.

Financial Tech buys 90% in ICX

Financial Tech buys 90% in ICX

Rediff.com10 Apr 2008

Financial Technologies India Ltd, the main promoter of India's largest commodity exchange MCX, on Thursday said it has acquired 90 per cent stake in a South Africa-based ICX Platform (Pty) Ltd for $1.5 million (about Rs 6 crore).Financial Technologies has acquired 90 per cent stake in ICX Platform (Pty) Ltd, a technology company situated at Johannesburg, South Africa, the firm said in a filing to the Bombay Stock Exchange.

Unitech plans Rs 1600 cr entertainment parks

Unitech plans Rs 1600 cr entertainment parks

Rediff.com7 Mar 2007

Real estate major Unitech and promoters of India's first amusement park Appu Ghar, International Amusement Ltd, are jointly setting up two entertainment parks in Noida and Rohini

'Job quota will boost contract labour'

'Job quota will boost contract labour'

Rediff.com4 May 2006

Sunil Mittal, promoter of India's largest private telecom company Bharti, on Thursday said any law to impose quotas would only encourage contract labour.\n

India Inc on a dividend binge

India Inc on a dividend binge

Rediff.com13 Nov 2004

'Neruppa da, Kabali da.' Rajini sets the screen afire

'Neruppa da, Kabali da.' Rajini sets the screen afire

Rediff.com22 Jul 2016

Superstar Rajinikanth needs a box-office hit after two successive flops in Kochchadaiyaan and Lingaa, both 2014. Yet, Kabali is being projected as if the fans need the film, and the Tamil film industry needs it even more, says N Sathiya Moorthy.

5,275 wilful defaulters (+ Mallya) owe banks Rs 56,621 crore

5,275 wilful defaulters (+ Mallya) owe banks Rs 56,621 crore

Rediff.com18 Mar 2016

India's five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza Textiles