News for 'pvt-ltd'

Karnataka govt blames RCB, KSCA for Bengaluru stampede

Karnataka govt blames RCB, KSCA for Bengaluru stampede

Rediff.com17 Jul 2025

The status report claims that RCB organised a massive victory parade and celebration without prior permission or furnishing mandatory details to city authorities.

Champak takes IPL to Court over robo dog name

Champak takes IPL to Court over robo dog name

Rediff.com30 Apr 2025

The Delhi High Court has sought a response from the Board of Control for Cricket in India (BCCI) regarding a trademark infringement claim filed by Champak magazine.

Mithi river 'scam': ED raids Dino Morea's residence

Mithi river 'scam': ED raids Dino Morea's residence

Rediff.com6 Jun 2025

The fraud is alleged to have caused a Rs 65 crore loss to the Brihanmumbai Municipal Corporation (BMC).

How US-based Jane Street siphoned Rs 36,000 cr from Indian markets

How US-based Jane Street siphoned Rs 36,000 cr from Indian markets

Rediff.com4 Jul 2025

The strategy was straightforward - aggressively buy select Bank Nifty index stocks in the morning and sell them just as forcefully later in the day, triggering a sharp drop in share prices.

Delhi HC quashes RCB's plea against Uber ad

Delhi HC quashes RCB's plea against Uber ad

Rediff.com5 May 2025

Earlier, describing the video advertisement, RCB's counsel said the cricketer could be seen running towards Bengaluru cricket stadium with an aim to vandalise the signage of "Bengaluru Vs Hyderabad", takes a spray paint and writes "Royally Challenged" before Bengaluru making it "Royally Challenged Bengaluru" which disparages RCB's mark.

Char Dham helicopter services suspended for 2 days after fatal crash

Char Dham helicopter services suspended for 2 days after fatal crash

Rediff.com15 Jun 2025

After chairing an emergency meeting with senior officials to discuss the situation, Chief Minister Pushkar Singh Dhami said that heli services on the Char Dham route will remain suspended for two days, as the weather is bad and the safety of the passengers is the government's top priority.

Bengaluru Stampede: Activist files police complaint against Virat Kohli

Bengaluru Stampede: Activist files police complaint against Virat Kohli

Rediff.com7 Jun 2025

A formal complaint has been lodged against Royal Challengers Bengaluru's star batter Virat Kohli Cubbon Park Police Station in Bengaluru on Friday by social activist H M Venkatesh.

Can't act as an agent or mouthpiece of police: Delhi court

Can't act as an agent or mouthpiece of police: Delhi court

Rediff.com17 Jun 2025

The court cannot act as an agent or mouthpiece of the police, and it is under solemn obligation to independently apply its mind to the chargesheet, without borrowing the opinion of the IO.

Act against Pakistan's terror ecosystem: India to Turkiye

Act against Pakistan's terror ecosystem: India to Turkiye

Rediff.com23 May 2025

India expects Turkiye to strongly urge Pakistan to end its support to cross-border terrorism, said ministry of external affairs spokesperson, Randhir Jaiswal during the weekly briefing on Thursday.

Jio Financial gets Sebi nod for mutual fund business

Jio Financial gets Sebi nod for mutual fund business

Rediff.com27 May 2025

Jio BlackRock Asset Management Pvt Ltd, a 50:50 joint venture between Jio Financial Services Ltd (JFSL) and US-based BlackRock, has received regulatory approval from the capital market regulator Sebi to commence operations as an investment manager for its mutual fund business. The Securities and Exchange Board of India (Sebi), vide letter dated May 26, 2025, has granted the certificate of registration to 'Jio BlackRock Mutual Fund' and approval to Jio BlackRock Asset Management Private Limited to act as the Asset Management Company for Jio BlackRock Mutual Fund, JFSL said in a regulatory filing.

Rakesh Gangwal, family trust sell 5.7% stake in IndiGo for Rs 11,385 crore

Rakesh Gangwal, family trust sell 5.7% stake in IndiGo for Rs 11,385 crore

Rediff.com27 May 2025

InterGlobe Aviation promoter Rakesh Gangwal and his family trust on Tuesday sold a 5.7 per cent stake in the airline for about Rs 11,385 crore ($1.33 billion) through a block deal, according to sources. Apart from Gangwal, the Chinkerpoo Family Trust, whose trustees are Shobha Gangwal and JP Morgan Trust Company of Delaware, has also participated in the transaction for divesting its stake in IndiGo, the country's largest airline, the sources said.

Adani Group to redevelop Mumbai's Motilal Nagar

Adani Group to redevelop Mumbai's Motilal Nagar

Rediff.com12 Mar 2025

Adani Properties Pvt Ltd (APPL) has emerged as the highest bidder for the redevelopment of Motilal Nagar in Mumbai, offering more built-up area than its nearest rival, L&T. This will be the second mega redevelopment project of Adani Group in Mumbai, after the Dharavi slum redevelopment project. The total estimated redevelopment cost of Motilal Nagar is around Rs 36,000 crore, and the rehabilitation period is seven years from the project start/commencement date. The project will rehabilitate 3,372 residential units eligible under MHADA, 328 eligible commercial units and 1,600 eligible slum tenements.

Adani wins Rs 36,000-cr Mumbai project

Adani wins Rs 36,000-cr Mumbai project

Rediff.com12 Mar 2025

After the Dharavi slum redevelopment project, billionaire Gautam Adani's group has emerged as the highest bidder for the Rs 36,000 crore redevelopment of Motilal Nagar in Mumbai, sources said. Motilal Nagar I, II & III is one of Mumbai's biggest housing redevelopment projects, covering 143 acres in western suburb of Goregaon (W).

Char Dham chopper crashes raise alarm: 5 mishaps, 13 deaths in 6 weeks

Char Dham chopper crashes raise alarm: 5 mishaps, 13 deaths in 6 weeks

Rediff.com15 Jun 2025

Soon after the crash on Sunday, Chief Minister Pushkar Singh Dhami held an emergency meeting and asked senior officials to prepare a strict SOP (standard operating procedure) for heli services in the state, making a thorough check of the technical condition of the choppers mandatory.

British American Tobacco sells 2.5% stake in ITC for Rs 12,927 crore

British American Tobacco sells 2.5% stake in ITC for Rs 12,927 crore

Rediff.com28 May 2025

British multinational BAT Plc on Wednesday trimmed its ownership in conglomerate ITC by divesting a 2.5 per cent stake for Rs 12,927 crore ($1.51 billion) through a block deal, according to a revised term sheet accessed by PTI. Following the stake sale, shares of ITC went lower by 1.15 per cent to trade at Rs 421.15 apiece on the NSE.

Head-ache? RCB sue Uber over 'demeaning' ad

Head-ache? RCB sue Uber over 'demeaning' ad

Rediff.com17 Apr 2025

Royal Challengers Bengaluru (RCB) moved the Delhi High Court on Thursday and accused an YouTube advertisement of disparaging its trademark.

R Ashwin 'theru': Chennai street to be named after spinner

R Ashwin 'theru': Chennai street to be named after spinner

Rediff.com21 Mar 2025

The GCC had sought and received government approval to pass a resolution for the renaming of the street.

5 crashes, zero action: Kedarnath's air safety crisis deepens

5 crashes, zero action: Kedarnath's air safety crisis deepens

Rediff.com17 Jun 2025

The recent helicopter crash near Kedarnath, in which seven lives were lost, has proven yet again that aviation regulatory authorities have not learnt lessons from similar air mishaps in the challenging Kedar valley and have done little to improve flying conditions.

CBI books Chidambarams in fresh corruption case

CBI books Chidambarams in fresh corruption case

Rediff.com9 Jan 2025

The Central Bureau of Investigation has registered a fresh case of corruption against former finance minister P Chidambaram's son and Congress MP, Karti Chidambaram, for allegedly giving relief to alcoholic beverage company Diageo Scotland over a ban on the duty-free sale of its whisky, officials said on Thursday.

Four IPOs worth Rs 6600 to hit D-Street next week

Four IPOs worth Rs 6600 to hit D-Street next week

Rediff.com25 May 2025

The initial public offering (IPO) lane will be busy next week, with four main-line companies, including Leela Palaces Hotels & Resorts operator Schloss Bangalore Ltd and Aegis Vopak Terminals tapping the primary market to raise over Rs 6,600 crore collectively.

BJP tops 2023-24 donations with Rs ...

BJP tops 2023-24 donations with Rs ...

Rediff.com7 Apr 2025

The BJP received the highest amount in large donations among national parties in the financial year 2023-24, with over Rs 2,243 crore declared from 8,358 donations, according to a report by poll rights body the Association for Democratic Reforms (ADR). The report, based on data submitted to the Election Commission, highlighted trends in political donations above Rs 20,000. The total declared donations to national parties stood at Rs 2,544.28 crore from 12,547 contributions - a sharp 199 per cent increase compared to the previous year.

DPC is now Ratnagiri Gas and Power Pvt Ltd

DPC is now Ratnagiri Gas and Power Pvt Ltd

Rediff.com7 Jul 2005

The special purpose vehicle floated by GAIL(India) Ltd and National Thermal Power Corporation to revive the 2,184 MW Dabhol power plant has been named 'Ratnagiri Gas and Power Pvt Ltd'.

Chopper crashes near Kedarnath, all 7 on board killed; AAIB to probe

Chopper crashes near Kedarnath, all 7 on board killed; AAIB to probe

Rediff.com15 Jun 2025

Rudraprayag District Disaster Management Officer Nandan Singh Rajwar told PTI that the accident took place above the forests of Gaurikund amid poor visibility due to bad weather.

Haldiram's Delhi and Nagpur arms complete merger of FMCG biz

Haldiram's Delhi and Nagpur arms complete merger of FMCG biz

Rediff.com8 Apr 2025

The process of merging Haldiram's Nagpur and Delhi branches to form Haldiram Snacks Food Private Ltd has been completed, informed its CEO Krishan Kumar Chutani on the social media platform LinkedIn. "A new chapter begins in the Haldiram story, and it's a significant one," Chutani posted on LinkedIn on Monday.

Arrested on CM's order: RCB official tells HC

Arrested on CM's order: RCB official tells HC

Rediff.com9 Jun 2025

The Karnataka high court on Monday did not grant interim relief to Nikhil Sosale, head of marketing, Royal Challengers Bengaluru (RCB), who was arrested on June 6 in connection with the fatal stampede near M Chinnaswamy Stadium, and adjourned the matter for hearing on Tuesday.

How ITC plans to build a future-ready portfolio

How ITC plans to build a future-ready portfolio

Rediff.com6 May 2025

There remains a debate on who said this: "When the facts change, I change my mind. What do you do, Sir?" Was it the British economist John Maynard Keynes or the American economist Paul Samuelson. Irrespective of who said it, this sentiment appears to have found resonance in ITC's boardroom in recent years.

Tesla's EVs to start rolling out of Satara in Maharashtra?

Tesla's EVs to start rolling out of Satara in Maharashtra?

Rediff.com19 May 2025

The US carmaker's entry into India is expected by the last quarter of the current financial year.

Evera Cabs bets on BluSmart EVs to drive Rs 100 crore revenue in FY26

Evera Cabs bets on BluSmart EVs to drive Rs 100 crore revenue in FY26

Rediff.com8 May 2025

Delhi-based electric vehicle (EV) ride-hailing firm Evera Cabs, which grabbed headlines after acquiring 500 cars from the now-defunct cab service BluSmart, is stepping up its presence in the EV cab segment. The company is aiming for revenue of Rs 100 crore in the ongoing financial year (2025-26), up from Rs 18 crore in 2024-25.

ED conducts multi-state raids on lottery king Santiago Martin

ED conducts multi-state raids on lottery king Santiago Martin

Rediff.com14 Nov 2024

The Enforcement Directorate (ED) conducted searches against Chennai-based 'lottery king' Santiago Martin, the single biggest donor to political parties with over Rs 1,300 crore in electoral bonds, as part of a money laundering investigation. The action comes after the Madras High Court allowed the ED to proceed against Martin following a police decision to close the initial FIR against him.

ED grills Robert Vadra for 6 hrs on Day 3; to file chargesheet soon

ED grills Robert Vadra for 6 hrs on Day 3; to file chargesheet soon

Rediff.com17 Apr 2025

Robert Vadra, brother-in-law of Congress leader Rahul Gandhi, appeared before the Enforcement Directorate (ED) for the third consecutive day on Thursday for questioning in a money laundering case linked to alleged irregularities in a 2008 Haryana land deal. The ED has been investigating Vadra in connection with a land deal in Haryana's Manesar-Shikohpur, where a company he was a director of purchased land from Onkareshwar Properties and later sold it to DLF for a significantly higher price. The case has been embroiled in controversy since 2012, with allegations of corruption and nepotism surrounding the deal. The ED is expected to file chargesheets in all three cases being investigated against Vadra.

ED grills Robert Vadra for 5 hours on Day 2

ED grills Robert Vadra for 5 hours on Day 2

Rediff.com16 Apr 2025

Robert Vadra, the brother-in-law of Congress leader Rahul Gandhi, appeared before the Enforcement Directorate (ED) for the second consecutive day on Tuesday in connection with a 2008 land deal in Haryana linked to a money laundering case. Vadra, who was accompanied by his wife Priyanka Gandhi Vadra, was questioned for about five hours and his statement was recorded by the ED. The session will resume on Wednesday. Vadra has termed the ED action "political vendetta." The probe against Vadra is linked to a land deal in Haryana's Manesar-Shikohpur, where a company named Skylight Hospitality Pvt Ltd, of which Vadra was a director, purchased a 3.5-acre land in 2008. The company later sold the land to realty major DLF in 2012, which led to controversy after an IAS officer cancelled the mutation, deeming the transaction as violative of state consolidation Act and related procedures.

Adani in advance talks to acquire Emaar India

Adani in advance talks to acquire Emaar India

Rediff.com20 Mar 2025

Billionaire Gautam Adani's group is in advanced talks to acquire real estate company Emaar India for an enterprise value of around $1.4-1.5 billion as it looks to expand its property business, according to sources. Dubai-based Emaar Properties entered the Indian real estate market in 2005 in partnership with India's MGF Development and invested Rs 8,500 crore through the joint venture firm Emaar MGF Land.

Trump vs Harvard: 'Don't Panic. Harvard Is Not The Only Path To Success'

Trump vs Harvard: 'Don't Panic. Harvard Is Not The Only Path To Success'

Rediff.com26 May 2025

Amidst growing panic over Trump's ban on Harvard's international student enrolment, overseas education consultants have this advice for Indian students.

'I Was Only Left In My Underwear'

'I Was Only Left In My Underwear'

Rediff.com19 Jun 2025

'As they assaulted me, they kept shouting, "So, you rascal, you speak against officers? Against ministers?" -- and each accusation was accompanied by more blows. 'Seeing that I could not get up, they began stamping on me with their feet and continued until they were exhausted.' Pinarayi Vijayan -- now Kerala's chief minister -- was imprisoned during the Emergency. This is his account of what the police torture he suffered in jail. A revealing excerpt from Goa Governor P S Sreedharan Pillai's Democracy Enchained, Nation Disgraced: Dark Days Of India's Emergency. The first of a series to mark 50 years of the Emergency.

HC bars journo from hosting award show in Ratan Tata's name

HC bars journo from hosting award show in Ratan Tata's name

Rediff.com7 Feb 2025

The Delhi High Court has ordered a journalist not to host an award event using the name "Ratan Tata National Icon Award" or the trademarks "Tata" and "Tata Trusts". The court found that Ratan Tata's name and the Tata trademarks are protected and that the journalist's use of them was unauthorized. The case was filed by Sir Ratan Tata Trust and Tata Sons Pvt Ltd, who alleged that the journalist's actions caused harm to their reputation and goodwill. The court also ordered the journalist to stop using the logo and pictures related to Ratan Tata and Tata Trusts.

Courts authorised to determine rate of interest: SC

Courts authorised to determine rate of interest: SC

Rediff.com1 Apr 2025

The Supreme Court of India has ruled that courts have the authority to determine the appropriate interest rate in cases involving share valuation, considering the specific facts of each case. The decision came in a 52-year-old legal battle between private parties and the Rajasthan government over the valuation of shares transferred to the state government. The court also modified the interest rate applicable to delayed payments, awarding 6 percent per annum simple interest from July 8, 1975, until the date of decree, and 9 percent per annum simple interest from the date of decree until realization of the payment.

Sonia, Rahul conspired to usurp Rs 2,000-cr AJL assets: ED

Sonia, Rahul conspired to usurp Rs 2,000-cr AJL assets: ED

Rediff.com16 Apr 2025

The Enforcement Directorate (ED) has filed a chargesheet in the National Herald case, accusing Congress leaders Sonia Gandhi and Rahul Gandhi of a "criminal conspiracy" to "usurp" properties worth Rs 2,000 crore of its public company AJL by transferring 99 per cent shares for just Rs 50 lakh to their private company Young Indian. The ED has named Sonia Gandhi as accused no 1 and Rahul Gandhi as accused no 2 in the chargesheet, which was filed under various sections of the Prevention of Money Laundering Act (PMLA).

ED grills Vadra for 5 hrs in land case; more quizzing on Wednesday

ED grills Vadra for 5 hrs in land case; more quizzing on Wednesday

Rediff.com15 Apr 2025

Vadra has been questioned multiple times by the federal probe agency in a different money laundering case.

Three firms seek CCI nod to acquire stakes in Akasa Air

Three firms seek CCI nod to acquire stakes in Akasa Air

Rediff.com20 Feb 2025

Tech tycoon Azim Premji's global investment arm, Manipal Group Chief Ranjan Pai's family office and 360 ONE Asset have sought approval from fair trade regulator CCI to acquire stakes in domestic carrier Akasa Air's parent company SNV Aviation. "The proposed transaction involves the acquisition of certain shareholding by each of PIOF, Claypond and 360 Fund (through its various schemes and affiliates) in Akasa Air," said a notice filed with the Competition Commission of India (CCI) on Wednesday.

ED searches Soros' funding agency, investment arm in Bengaluru

ED searches Soros' funding agency, investment arm in Bengaluru

Rediff.com18 Mar 2025

Soros, a Hungarian-American political activist, and his organisations like OSF have been accused by the ruling BJP of acting against India's interests. His utterances during the Adani-Hindenburg controversy also drew criticism from the party.