News for 'pvt-ltd'

Ganguly buys team in Indian Racing Festival

Ganguly buys team in Indian Racing Festival

Rediff.com11 Jul 2024

Akhilesh Reddy, Chairman and Managing Director of Racing Promotions Pvt Ltd (RPPL), welcomed Ganguly to the racing fold.

The Dish Payal Will Cook For You

The Dish Payal Will Cook For You

Rediff.com6 Aug 2024

The actor has decided to enter the food business.

RPL stock case: Relief to Mukesh Ambani as SC junks Sebi plea

RPL stock case: Relief to Mukesh Ambani as SC junks Sebi plea

Rediff.com11 Nov 2024

The Supreme Court on Monday dismissed a plea filed by Sebi against a Securities Appellate Tribunal order which set aside the penalty imposed by the market regulator on RIL chairman Mukesh Ambani and two other entities in a case related to alleged manipulative trading in shares of the erstwhile Reliance Petroleum Ltd (RPL) in November 2007. A bench of Justices J B Pardiwala and R Mahadevan said it was not inclined to interfere with the order passed by SAT.

Mohammedan Sporting's ISL debut in jeopardy

Mohammedan Sporting's ISL debut in jeopardy

Rediff.com26 Aug 2024

Gurgaon-based Bunkerhill Pvt Ltd has 61 per cent stake in the club through their deal in 2020 and after the team got a new investors in Shrachi Sports, the two firms had agreed to split the shares with 30.5 per cent each by signing a term sheet earlier this month.

Dharavi redevelopment: HC upholds award of tender to Adani Group

Dharavi redevelopment: HC upholds award of tender to Adani Group

Rediff.com20 Dec 2024

The Bombay high court on Friday upheld the tender awarded to an Adani Group firm by the Maharashtra government for the Dharavi slum redevelopment project in Mumbai, ruling there was no 'arbitrariness, unreasonableness or perversity' in the decision.

Chhattisgarh man sent to Laos for 'cyber slavery', 3 held

Chhattisgarh man sent to Laos for 'cyber slavery', 3 held

Rediff.com9 Oct 2024

Police have arrested three persons from Mumbai, including a woman, for allegedly trafficking a man from Chhattisgarh's Durg district for 'cyber slavery' in Laos in southeast Asia and cheating him of Rs 2 lakh, an official said on Wednesday.

Bidders of Haldiram Snacks Foods seek clarity on ownership of the brand

Bidders of Haldiram Snacks Foods seek clarity on ownership of the brand

Rediff.com26 Jun 2024

The prospective bidders of Haldiram Snacks Foods (HSFPL), a leading food firm, have sought clarity on the ownership of the brand as it is currently owned by different family factions. The Delhi and Nagpur families have decided to merge their operations and formed a joint venture to sell part of their stake. On the other hand, the Kolkata family runs its separate, independent operations. Bankers said prospective bidders of the company do not want any confusion over the brand in future. They have sought clarity over usage of the brand.

Rating agencies Moody's, Fitch cut outlook on Adani firms

Rating agencies Moody's, Fitch cut outlook on Adani firms

Rediff.com26 Nov 2024

Ratings agency Moody's said on Tuesday that it has cut the outlook on the ratings of seven Adani entities to 'negative' from 'stable', citing the US indictment of chairman Gautam Adani and others on alleged bribery charges, while Fitch Ratings put some bonds of the conglomerate on negative watch. Moody's affirmed the ratings on all seven entities -- Adani Ports and Special Economic Zone Ltd, two limited restricted groups of Adani Green Energy Ltd, Adani Transmission Step-One Ltd, Adani Transportation Restricted group 1 (AESL RG1), Adani Electricity Mumbai Ltd and Adani International Container Terminal Pvt Ltd.

WazirX moves Singapore court for protection against Rs 19bn loss

WazirX moves Singapore court for protection against Rs 19bn loss

Rediff.com2 Sep 2024

Crypto currency platform WazirX, a cyber-attack on July 19 this year in which nearly 40 lakh Indians have suffered a loss of to a tune of $230 million or Rs 19.12 billion, has moved the Singapore high court seeking a moratorium in any legal action against it and for legal protection.

LML owner sues Bajaj Auto over 'Freedom' trademark

LML owner sues Bajaj Auto over 'Freedom' trademark

Rediff.com4 Oct 2024

SG Corporate Mobility - the parent company of the Indian two-wheeler brand LML - has taken auto major Bajaj Auto to high court, claiming that it was illegally using its 'Freedom' trademark in newly-launched Bajaj Freedom CNG motorbikes, the company said in a statement on Thursday. SG Corporate Mobility claims that the term 'Freedom' has a deep-rooted association dating back to 2002 when the company had introduced its 'LML Freedom' motorcycle. The trademark 'Freedom,' along with the 'LML' brand, was officially assigned to SG Corporate Mobility in 2021 after being transferred by LML.

2 traffickers under scanner for duping Indians into joining Russian army

2 traffickers under scanner for duping Indians into joining Russian army

Rediff.com8 Mar 2024

The agents allegedly confiscated the passports of Indians arriving in Russia and forced them to fight with the armed forces, officials said.

NCLAT judge recuses from hearing Byju Raveendran's plea

NCLAT judge recuses from hearing Byju Raveendran's plea

Rediff.com30 Jul 2024

Byju's Founder Byju Raveendran's plea against the Insolvency of Think & Learn before the NCLAT was adjourned on Monday as one of the members of the bench recused from the hearing. The matter will be placed before a bench headed by National Company Law Appellate Tribunal (NCLAT) Chairman Justice Ashok Bhushan, who will assign a different bench to hear the matter. Raveendran had filed a petition challenging the initiation of insolvency proceedings against Think & Learn, which runs edtech company Byju's.

The Special December Quiz

The Special December Quiz

Rediff.com7 Dec 2023

Sukanya Verma quizzes you to find out just how much you know about the movies.

Adani Green to raise $409 mn bonds to repay loan

Adani Green to raise $409 mn bonds to repay loan

Rediff.com27 Feb 2024

Adani Green Energy Ltd, the renewable energy arm of billionaire Gautam Adani's conglomerate, plans to raise $409 million through US dollar-denominated bonds to repay a debt obligation falling this year. In a regulatory filing, the company said the bond will have a door-to-door tenor of 18 years. The proceeds will be used to redeem the $500 million 6.25 per cent senior secured notes due 2024, it said adding these notes were issued on June 10, 2019.

Maha okays 255-acre salt pan land for slum rehab housing, names Adani

Maha okays 255-acre salt pan land for slum rehab housing, names Adani

Rediff.com30 Sep 2024

According to the government, the additional chief secretary of the state housing department is designated to sign an agreement with the Union government for the land lease transfer.

The Super Filmi Quiz!

The Super Filmi Quiz!

Rediff.com16 May 2024

Sukanya Verma quizzes you to find out just how much you know about the movies.

Mahayuti Win Will Boost Adani's Dharavi Plan

Mahayuti Win Will Boost Adani's Dharavi Plan

Rediff.com23 Nov 2024

The Opposition had promised to scrap the Dharavi redevelopment project if it came to power. With the Mahayuti's massive mandate in the Maharashtra assembly election, that prospect has been laid to rest.

Why Households Are Shifting Funds To Equities

Why Households Are Shifting Funds To Equities

Rediff.com25 Sep 2024

Allocation to bank deposits -- fixed deposits, savings account deposits, and current account deposits -- came down.

Watch Vijay Deverakonda Romance Mrunal Thakur

Watch Vijay Deverakonda Romance Mrunal Thakur

Rediff.com20 Mar 2024

Amazon Prime Video has announced a huge number of assorted Web series and movies, and the slate sure looks interesting.

Ex-BrahMos engineer gets lifer for leaking info to ISI

Ex-BrahMos engineer gets lifer for leaking info to ISI

Rediff.com3 Jun 2024

The Nagpur district court on Monday handed life imprisonment to former BrahMos Aerospace Pvt Ltd engineer Nishant Agarwal under the Official Secrets Act for spying for Pakistan's intelligence agency Inter-Services Intelligence (ISI).

ED, CBI ramp up probe against Bitcoin Ponzi scam suspect

ED, CBI ramp up probe against Bitcoin Ponzi scam suspect

Rediff.com21 Nov 2024

The Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) have intensified their investigations against Gaurav Mehta, a suspect in a Bitcoin Ponzi scam, following allegations that politicians may have been involved in using cryptocurrency to influence Maharashtra assembly polls. The ED searched Mehta's residence in Raipur and seized computers and digital devices. The CBI summoned him to appear before investigators. The ED is probing Mehta's potential links to politicians, politically exposed persons, and bureaucrats as part of its money laundering probe. The allegations came after BJP released purported voice notes suggesting that Congress and NCP leaders were attempting to use cryptocurrency for election campaigning. Both parties denied the claims, calling the voice notes fake.

ED grills Azharuddin for hours in money laundering case

ED grills Azharuddin for hours in money laundering case

Rediff.com8 Oct 2024

The Enforcement Directorate on Tuesday questioned former Indian cricket team captain and Congress leader Mohammed Azharuddin for over nine hours in a money laundering case linked to alleged financial irregularities in the Hyderabad Cricket Association, official sources said.

Zee, Sony amicably settle disputes over their failed merger, to withdraw claims

Zee, Sony amicably settle disputes over their failed merger, to withdraw claims

Rediff.com27 Aug 2024

ZEE Entertainment Enterprises Ltd (ZEEL) and Sony Pictures Networks India on Tuesday said they have settled their six-month-long dispute related to the failed $10-billion merger and have agreed to withdraw all claims against each other. As part of the "comprehensive non-cash settlement" between ZEEL and Culver Max Entertainment Pvt Ltd (CMEPL), both "have mutually agreed to withdraw all respective claims against each other, in the ongoing arbitration at the SIAC and all related legal proceedings initiated in the NCLT and other forums," said a joint statement.

Employee Grievances Rise In Top Firms

Employee Grievances Rise In Top Firms

Rediff.com4 Nov 2024

Data collated for 47 BSE50 companies (as of H1FY25) shows employees and workers filed 8,468 such complaints in FY24.

Hoarding collapse accused brought to Mumbai

Hoarding collapse accused brought to Mumbai

Rediff.com17 May 2024

Bhavesh Bhinde, an advertising firm's director, whose company had put up the giant hoarding that collapsed in Mumbai killing 16 people, was brought to the city early on Friday, a police official said.

ED files charge sheet against Lalu Prasad's family

ED files charge sheet against Lalu Prasad's family

Rediff.com9 Jan 2024

The charge sheet has been filed before a special Prevention of Money Laundering Act (PMLA) court in Delhi and the court has listed the matter to be heard on January 16, the sources said.

Ola Electric's Rs 6,145-cr IPO fully subscribed on Day 2

Ola Electric's Rs 6,145-cr IPO fully subscribed on Day 2

Rediff.com5 Aug 2024

The Rs 6,145-crore initial public offer of electric two-wheeler company Ola Electric Mobility got fully subscribed on the second day of bidding on Monday, driven by demand from retail investors and non-institutional investors. The initial share sale received bids for 49,43,63,610 shares against 46,51,59,451 shares on offer, translating into 1.06 times subscription, according to the NSE data.

New teams and format introduced in I-League

New teams and format introduced in I-League

Rediff.com4 Jul 2023

Federation Cup revived by the AIFF in an executive committee meeting on Monday.

ITC Hotels demerger gets shareholders nod

ITC Hotels demerger gets shareholders nod

Rediff.com6 Jun 2024

Diversified entity ITC on Thursday said it has received shareholders' approval to demerge ITC Hotels into a separate entity. Shareholders of ITC, in a virtual meeting held on Thursday through video conferencing/other audio-visual means, approved the resolution for the scheme of arrangement between ITC Ltd and ITC Hotels Ltd, the Kolkata-headquartered firm said in a regulatory filing. The proposal "has been approved and passed by the requisite majority of the Members, pursuant to Section 230(6) of the Companies Act, 2013", it added.

Chhattisgarh liquor scam: ED attaches assets of accused worth Rs 205 cr

Chhattisgarh liquor scam: ED attaches assets of accused worth Rs 205 cr

Rediff.com3 May 2024

The attached properties include 14 assets of Tuteja worth Rs 15.82 crore, 115 properties of Anwar Dhebar, the elder brother of Raipur Mayor and Congress leader Aijaz Dhebar, worth Rs 116.16 crore, properties of Vikash Agarwal alias Subbu worth Rs 1.54 crore and 33 properties of Arvind Singh worth Rs 12.99 crore, it said in a statement.

ED raids Haryana Cong MLA; seizes cars, jewellery, cash

ED raids Haryana Cong MLA; seizes cars, jewellery, cash

Rediff.com31 Jul 2023

The 59-year-old legislator from the Samalkha in Panipat district is stated to be the 'owner and promoter' of the Mahira real estate group along with his sons Sikander Singh and Vikas Chhoker.

Govt calls off strategic sale of Pawan Hans as winning bidder disqualified

Govt calls off strategic sale of Pawan Hans as winning bidder disqualified

Rediff.com3 Jul 2023

The government on Monday decided to call off the strategic divestment of Pawan Hans as the successful bidding consortium Star9 Mobility Pvt Ltd was disqualified in view of pending legal cases. Pawan Hans is a 51:49 joint venture of the government and ONGC. The government had in April last year decided to sell the helicopter service provider for Rs 211.14 crore to Star9 Mobility Pvt Ltd -- a consortium of Big Charter Private Ltd, Maharaja Aviation Private Ltd and Almas Global Opportunity Fund SPC.

Yuvraj Takes Builder To Court

Yuvraj Takes Builder To Court

Rediff.com10 Jul 2024

The cricketer said a sale agreement was executed between him and his mother on one side and the builder on the other for the purchase of an apartment for over Rs 14 crore in the real estate project initiated by Brilliant Etoile Pvt Ltd in Hauz Khas under the name 'Sky Mansion' and displaying the name 'Risland'.

ED arrests Lalu Prasad's close aide Subhash Yadav in sand mining case

ED arrests Lalu Prasad's close aide Subhash Yadav in sand mining case

Rediff.com10 Mar 2024

ED officials said that Subhash was produced before a special PMLA court on Sunday morning and was sent to judicial custody.

Under Trump India-US Space Sector May Soar

Under Trump India-US Space Sector May Soar

Rediff.com22 Nov 2024

'With India's growing capabilities in the space sector, this creates promising opportunities for enhanced collaboration and market access.'

Motivational speaker dupes several; SC seeks response

Motivational speaker dupes several; SC seeks response

Rediff.com28 Feb 2024

The Supreme Court has sought responses of the Centre, CBI, the Enforcement Directorate and others including 13 states on a plea alleging fraudulent activities by motivational speaker Vivek Bindra and his firm Bada Business Pvt Ltd. Accusing the social media influencer and his firm of tricking people into giving them their money through a ponzi scheme that promised big returns, the petition sought a direction to the Centre to constitute a special investigation team (SIT) of the CBI to probe the case. A bench comprising MM Sundresh and SVN Bhatti took note of the submissions of senior advocate Vikas Singh, appearing for Shubham Chaudhary and 19 other petitioners, that Bindra and his firm have duped several people of their money.

Govt expedites inspection of Byju's books

Govt expedites inspection of Byju's books

Rediff.com26 Feb 2024

The corporate affairs ministry has asked its field officers to expedite the inspection of the books of Byju's and submit the report, a senior official said on Monday as trouble continues to brew at the edtech firm. The ministry, which is implementing the companies law, will decide the further course of action after receiving the report from its regional office. In July 2023, the ministry had asked the office of the regional director in Hyderabad to conduct an inspection of the company Think & Learn Pvt Ltd, which is registered in Bengaluru.

Qwik Supply 3rd biggest electoral bond buyer; RIL says not ours

Qwik Supply 3rd biggest electoral bond buyer; RIL says not ours

Rediff.com15 Mar 2024

It bought Rs 410 crore of electoral bonds between financial years 2021-22 and 2023-24, but Reliance said the company is not a subsidiary of any Reliance entity.

FIR against IAS Puja Khedkar's mother for waving gun at farmers

FIR against IAS Puja Khedkar's mother for waving gun at farmers

Rediff.com13 Jul 2024

An official said the incident in the video was about a land parcel bought by Puja's father Dilip khedkar, a retired Maharashtra government officer, in Dhadwali village in Pune's Mulshi tehsil.

Ola Electric to launch IPO on Aug 2 to raise Rs 5,500 cr

Ola Electric to launch IPO on Aug 2 to raise Rs 5,500 cr

Rediff.com28 Jul 2024

Electric two-wheeler company Ola Electric Mobility will float its initial public offering (IPO) on August 2, and a significant part of the proceeds will be used for capacity expansion of its cell manufacturing plant and revving up R&D. The initial share sale will conclude on August 6, and the bidding for anchor investors will open for a day on August 1, according to the red herring prospectus (RHP).