Reliance Retail will acquire the retail, wholesale, logistics and warehousing businesses of the Future Group. Future Group's financial and insurance businesses are not part of the deal.
The Chinese side has particularly bolstered its presence in the Galwan Valley, erecting around 100 tents in the last two weeks and bringing in heavy equipment for construction of bunkers, notwithstanding the stiff protest by Indian troops. There have been reports of multiple incidents of transgressions by Chinese troops in several areas in Eastern Ladakh.
Eighty five-year-old Shiromani Alkali Dal leader Parkash Singh Badal today created two records in one go by becoming the chief minister of Punjab for the fifth time and the first in the reorganised state's history to return to power for the second successive tenure heading the SAD-Bharatiya Janata Party alliance ministry.
India slammed China for helping Pakistan in trying to raise the Kashmir issue at the UNSC, saying Beijing should seriously reflect on the global consensus. The latest attempt failed as other countries of the 15-member council felt Kashmir is a bilateral matter between India and Pakistan.
Both the Indian and Chinese armies have brought in more troops in sensitive locations like Demchok, Daulat Beg Oldie and areas around Galwan river as well as Pangong Tso lake in Ladakh, the sources said. The area around Galwan has been a point of friction between the two sides for over six decades.
Uttar Pradesh Governor BL Joshi is in New Delhi to consult the central leadership on Uttar Pradesh assembly's resolution to split the state into four parts.
The attempt failed as other member countries felt Kashmir is a bilateral matter between India and Pakistan.
Images from the UEFA Champions League matches played on Tuesday.
Liverpool appointed Kevin Keen as first team coach on Sunday as part of manager Kenny Dalglish's reorganisation of his backroom staff.
Wipro Technologies on Tuesday said the company would have to wait at least three quarters to reap benefits from realigning the organisational structure.
Daiichi Sankyo, Japan's third-largest drug maker, has transferred six of its early drug discovery programmes in inflammatory and infectious diseases from its Japanese research & development (R&D) facilities to India.
Applying balm on the wounds of the two religious groups is a better course of action for the rulers. Common sense dictates the verdict be accepted in good grace by all sides, suggests Virendra Kapoor.
Google's popular video sharing website YouTube will soon be overhauled and turned into a premium content competitor with organised channels and professionally produced video.
Most of the buses run by Telangana State Road Transport Organisation are also off the roads
Ness gets Bombay Burmah, Bombay Dyeing goes to Jeh.
'In its short life, AAP has distinguished itself in many, many, governance spheres.' 'But party democracy is not one of them,' notes Aditi Phadnis.
Rediff.com has in its possession the full Cabinet Note that was given to the members of the Cabinet ahead of the crucial meeting on Friday evening.
There was a clear polarisation of Christian and (especially) Muslim votes in favour of the UDF. This caused enough misgivings to start a consolidation of Hindu votes behind the LDF, says T V R Shenoy.
Sara Abdullah Pilot had on Monday approached the top court challenging her brother's detention under the Public Safety Act, saying the detention order was "manifestly illegal" and there was no question of him being a "threat to the maintenance of public order".
Nigeria President Goodluck Jonathan has suspended the national soccer team from international competition for the next two years following their poor performance in the World Cup, a senior adviser said on Wednesday.
The MEA said it was the Chinese side that recently undertakook activities hindering India's normal patrols in the areas.
The first priority for the new Tibetan administration in Dharamsala should be to look at Tibetan recruitment in the PLA, suggests Claude Arpi.
Employers are now looking to hire professionals who can demonstrate their skills rather than reel off a catalogue of undirected theoretical qualifications.
Call for fiscal autonomy to Union Territories with Assemblies may get louder with 'special status' to J&K in the Finance Commission, say experts.
Many Kashmiris termed the removing of that state flag as a "saddest moment for the J&K's history." Umar Ganie/Rediff.com reports from Srinagar.
Union Parliamentary Affairs Minister M Venkaiah Naidu on Sunday slammed Telangana Chief Minister K Chandrasekhara Rao for dubbing as "fascist" the Centre's directives on special powers related to law and order in Hyderabad vested in Governor, and demanded immediate withdrawal of his comments.
President Dmitry Medvedev has ordered a radical restructuring of the Russian armed forces command system with an aim to reform the Soviet-era military behemoth into a 'lean but mean' force capable of fighting the modern network centric warfare. The decree signed by Medvedev also aims to reform the logistic support system of the armed forces.
Firm to continue to press ahead with arbitration challenging new law on the tax, will seek $1 bn in damages
Rediff.com's Indrani Roy Mitra caught up with Abhijit Mukherjee, son of Finance Minister Pranab Mukherjee during his campaign trail.
Two days after constituting a 10-member Group of Ministers on Telangana, the government reorganised the panel, dropping Minister of Human Resource Development M Pallam Raju and bringing in Defence Minister A K Antony. The number has also been brought down to seven.
Elections are due in Tamil Nadu and West Bengal that year. Early indications show Bengal holds promise for the BJP, but the party may have to recast itself to win Tamil Nadu.
The good thing is you don't have to employ some highly esoteric investment strategies or complex algorithms to become richer in a year's time. Some simple reorganisation in your personal finance management could help you hit your target.
Chandrababu remarked that the whole nation was watching how each party was behaving.
Chinese President Xi Jinping arrived in Chennai to a grand welcome on Friday, a visit that comes soon after the recent episode of turbulence in bilateral ties over India's decision to withdraw Jammu and Kashmir's special status and reorganise the state into two union territories.
The insurance giant American International Group has replaced Goldman as its main corporate adviser with Citigroup and Bank of America, says a media report.
In an affidavit filed before the apex court, the Centre pointed out that reorganisation of states was carried out in 1956 and 1960 on the basis of various criteria and language was only one of them and not the sole factor.
LyondellBasell on Wednesday said it has won the US bankruptcy court's approval for reaching a settlement with its creditors, paving the way for the chemical giant to emerge from bankruptcy.
"The economic debacle over the last two years devastated Advanta's small business customers and Advanta itself," its Chairman and CEO Dennis Alter said.
Writing in the United Kingdom's 'Financial Times' newspaper on Tuesday, the minister sought to counter criticism over Prime Minister Narendra Modi-led government's announcement over the "anachronistic provision" last month, which he said had resulted in socio-economic injustice due to the inability to apply national laws in Jammu and Kashmir.
The company has not been able to sell its 9.8% stake in Cairn India
