The Central Bureau of India on Saturday told a special court in New Delhi that Rs 200 crore connected with 2G spectrum allocation scam has travelled from a partnership firm of Shahid Usman Balwa to Kalaignar TV Pvt Ltd whose owners include Tamil Nadu Chief Minister M Karunanidhi's wife Dayaluamma.
Kotak Mahindra Bank on Saturday reported a 25 per cent growth in its March quarter net profit at Rs 5,302 crore, limited by a drop in the core income due to narrow interest margins. On a standalone basis, the city-headquartered lender's Q4 net profit grew 18 per cent to Rs 4,133 crore. The FY24 consolidated net profit grew 22 per cent to Rs 18,213 crore.
After an extended four day opening weekend where Fighter went through a roller coaster ride at the box office, it got a major shock on Monday as collections came down to a mere Rs 7.50 crore.
Maharashtra transport commissioner Vivek Bhimanwar told PTI that the Porsche car was imported in March by a dealer in Bengaluru and from there it was sent to Maharashtra on a temporary registration.
rediffGURU Samkit Maniar answers readers' personal income tax queries.
The Bharatiya Janata Party (BJP) on Sunday pledged to make 30 million 'Lakhpati Didis', up from the 10 million rural women who have already achieved the feat. Prime Minister Narendra Modi on Sunday released the BJP's manifesto for the upcoming Lok Sabha elections. The manifesto says the ruling party will continue the quarterly financial disbursements under the Pradhan Mantri Kisan Samman Nidhi (PM KISAN) yojana.
Where do Vijay and his TVK expect to get their votes from? Vijay has a huge fan following among women, but will they automatically become his voters like they had done for MGR's AIADMK, asks N Sathiya Moorthy.
According to government, the chocolate manufacturer wrongfully claimed exemption.
Bangalore-based MindTree Consulting is floating an Initial Public Offering of 5.6 million equity shares of Rs 10 each to raise anywhere between Rs 200-240 crore
Air India used to fly its 787s on three domestic and three international routes.
Hero Honda Motors Ltd on Wednesday said it would pump in Rs 200 crore (Rs 2 billion) this fiscal for capacity expansion and new model launches, including its much-awaited scooter models.
'Due to the ongoing pandemic and lockdown, we the sports bodies are unlikely to get any sponsorship and hence we may find it very difficult to restart our activities effectively'
'We want to prove to the world that they will get the best code written from a small place like Wayanad.'
Former Karnataka Chief Minister B S Yeddyurappa on Sunday urged his successor D V Sadananda Gowda to immediately release Rs 200 crore for providing employment to people in drought-hit areas under National Rural Employment Guarantee Scheme.
TDP supremo N Chandrababu Naidu consistently emphasises, among others, the issue during his campaign, alleging that the state has been supplying poor quality liquor while profiting immensely from 'inflated' prices, running to thousands of crores of rupees.
Oravel Stays, the parent company behind the travel tech brand Oyo, is eyeing to clock Rs 100 crore in Q4FY24 profit after tax (PAT) and a 20 per cent revenue growth for FY24, according to informed sources. These numbers were part of an internal review meeting between founder Ritesh Agarwal and senior management earlier this week, where he spoke about the company's profitability trajectory and growth in business.
From April 1 all domestic airlines except Air India have increased fee for cancellations and date change by Rs 200 to Rs 950.
Associated Journals was allotted 3,478 sq m of land by the Maharashtra govt in 1983 for building a Nehru Memorial library and a research centre.
Teri Baaton Mein Aisa Uljha Jiya saw a decent weekend at the box office.
Silver also drifted by Rs 450 to Rs 37,650 per kg.
Realty major Unitech has sold a hotel in Gurgaon for Rs 200 crore (Rs 2 billion) and is close to selling another hospitality project by June-end for a similar amount, as part of its exercise to raise funds for reducing debt.
Some farmer outfits on Friday threw their weight behind the Central Industrial Security Force (CISF) woman constable who allegedly slapped actor and Bharatiya Janata Party MP-elect Kangana Ranaut, saying the entire sequence leading to the incident needs to be properly investigated.
Though private airports did not spell out the exact sum owed by Kingfisher, in strict confidentiality one of the private airport operators confirmed that the airline was the biggest defaulter with them. Airport charges include landing, parking, terminal and route navigation levy. Though AAI has enforceable bank guarantees, private airport operators do not have this facility.
India's first infrastructure equipment bank Quipo, part of Rs the 1,600 crore (Rs 16 billion) SREI group, said on Thursday that the company will invest about Rs 200 crore.
In an order, the Airports Economic Regulatory Authority has fixed these rates to be charged by the Delhi Internal Airport Limited with effect from December 1 for 18 months till May 2013 to help it bridge a funding gap of Rs 1,230.27 crore (Rs 12.30 billion).
Finance Minister Arun Jaitley has announced an allocation of Rs 200 crore (Rs 2 billion) for building Sardar Vallabhbhai Patel's statue in Gujarat.
The cricketing extravaganza became a business opportunity for everyone, from five-star hotels to cafes to street vendors across the country on Sunday.
The Ruia-promoted Indian conglomerate Essar Group has got close to Rs 200 crore (over $45 million) for withdrawing its bid for American steel firm Esmark and the payment is coming from succesful suitor Severstal of Russia.
Its 11MFY24 production is around 40.2 mt. In FY25, it could hit 50 mt and it may reach 55 mt by FY26. The PSU has capex plans for multiple projects, which should improve the product mix and augment capacity to 100 mt for FY30.
Delhi-based Vishal Retail said Wednesday it plans to invest Rs 200 crore (Rs 2 billion) to set up 40 additional stores mostly in northern India.
State-run insurer LIC and private fund house Franklin Templeton have hiked their stake in Mukesh Ambani-led Reliance Industries by collectively buying about 23 lakh shares, currently worth an estimated Rs 200 crore (Rs 2 billion).
Delhi-headquartered Fortis Healthcare is open to acquisition of hospitals with over 250-300 bed sizes as part of its strategy to grow at a faster clip. It may also opt for a neutral brand name soon. Neutral brand is a new brand, which is not owned by any of the stakeholders.
The Supreme Court on Thursday directed Jalan-Kalrock consortium, the new owners of the cash-strapped Jet Airways, to deposit Rs 150 crore in SBI's escrow account by January 31, saying failure to do so will mean that the consortium is not in compliance with the terms of the resolution plan for reviving the airline. The top court, meanwhile, also refused to allow the separate plea of the Jet Aircraft Maintenance Engineers Welfare Association seeking payment of provident fund and gratuity dues, observing if additional money is awarded, the resolution plan will become "unworkable". The consortium, as per the lawyers for the workmen, has to pay over Rs 200 crore towards dues on account of PF and gratuity.
Stocks of smallcap and midcap companies, which had caught the fancy of retail investors, also feature in the portfolio of leading politicians in addition to bluechip stocks.
The country's total debt, or the total outstanding bonds which are being traded in the market, rose to $2.47 trillion (Rs 205 lakh crore) in the September quarter, according to a report. The total debt amount in the March quarter of the previous fiscal was $2.34 trillion (Rs 200 lakh crore). The central government's debt stood at $1.34 trillion, or Rs 161.1 lakh crore, in the September quarter, up from $1.06 trillion, or Rs 150.4 lakh crore, in the March quarter, Vishal Goenka, co-founder of Indiabonds.com, said, quoting data provided by the Reserve bank of India.
At present, a 14.2-kg LPG cylinder in the national capital costs Rs 1,103. It will cost Rs 903 when the Centre's decision is implemented from Wednesday.
Retail tur dal prices on Monday shot up to Rs 200 per kg despite the government's steps to boost supply and check prices, aggravating consumers' woes.
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