News for 'shell companies'

X objects to govt action on posts linked to farmers' protest

X objects to govt action on posts linked to farmers' protest

Rediff.com22 Feb 2024

Social media platform X on Thursday expressed disagreement with the Indian government's order to block accounts and posts related to the ongoing farmers' protests and called for extending freedom of expression to the affected posts.

'Sandeep is an unsung hero'

'Sandeep is an unsung hero'

Rediff.com24 Mar 2024

'After the eight-over mark, we felt the wicket was a good one. In our view, we were ten (runs) short. It was a good pitch; it tends to get better here.'

Activists shut down Shell's Davos petrol station

Activists shut down Shell's Davos petrol station

Rediff.com25 Jan 2013

Greenpeace activists forced a temporary shut down of Shell petrol pump near the WEF meeting venue in Davos this morning and called for the energy giant to be suspended from the influential annual global economic meet being held in Davos.

Adani group has paid off $2.15 bn share-backed loans

Adani group has paid off $2.15 bn share-backed loans

Rediff.com29 Mar 2023

Billionaire Gautam Adani-led promoter group has paid off all of the $2.15 billion loans taken pledging their shares in the conglomerate, and only debt at operating company level remains, Adani Group said seeking to assure investors of its ability to repay debt. Adani Group in a statement termed reports of the group not completing repayment of $2.15 billion share-backed debt "baseless and deliberately mischievous." "Adani has completed full prepayment of margin linked share-backed financing aggregating to $2.15 billion (as was announced on March 12) and all corresponding shares pledged for those facilities have been released," it said.

Are you running 'let corrupt flee' campaign, Kharge asks Modi

Are you running 'let corrupt flee' campaign, Kharge asks Modi

Rediff.com29 Mar 2023

Hitting back at Prime Minister Narendra Modi for his corruption jibe at the Opposition, Congress president Mallikarjun Kharge on Wednesday accused him of running a "bhrashtachari bhagao abhiyan" (make the corrupt flee campaign), and said that he must stop his image makeover by posing as an anti-corruption crusader.

Delhi HC asks ED to clarify journo's link to money-laundering probe

Delhi HC asks ED to clarify journo's link to money-laundering probe

Rediff.com26 Aug 2021

The Delhi high court on Thursday sought the Enforcement Directorate's response on the bail plea by Delhi-based freelance journalist Rajeev Sharma, who was arrested in connection with a money-laundering probe linked to alleged leakage and supply of sensitive information to Chinese intelligence officers.

These firms transacted crores of rupees but have no PAN!

These firms transacted crores of rupees but have no PAN!

Rediff.com16 Nov 2017

Ministry of Corporate Affairs is now likely to examine whether all active companies have PAN or not

You can design another system without flaws: CJI on election bonds

You can design another system without flaws: CJI on election bonds

Rediff.com2 Nov 2023

The electoral bonds scheme for funding political parties should not become a tool for "legitimisation of quid pro quo" between power centres and people who are benefactors of that power, the Supreme Court said on Thursday as it underscored the need for reducing the cash component in the electoral process.

Chhattisgarh: 10 Naxalites killed in major encounter

Chhattisgarh: 10 Naxalites killed in major encounter

Rediff.com3 Apr 2024

In a separate incident, a commando of the Central Reserve Police Force's jungle warfare unit CoBRA was injured when a pressure improvised explosive device (IED), planted by Naxalites went off in the district, police said.

My Father, The Trailblazer

My Father, The Trailblazer

Rediff.com16 Jun 2024

To tell us about your father, just mail us at getahead@rediff.co.in (subject: My father) along with your name, the place where you live, your father's name and picture and your message about him.

Shell gets $1 bn tax demand on $160 mn investment!

Shell gets $1 bn tax demand on $160 mn investment!

Rediff.com12 Feb 2013

Shell India on Tuesday described as "absurd" the demand for $1 billion in taxes on a $160 million equity infusion done by the Anglo-Dutch oil major four years ago, saying it tantamounted to tax on FDI.

RIL, HDFC among 57 Indian companies on Forbes Global 2000 list

RIL, HDFC among 57 Indian companies on Forbes Global 2000 list

Rediff.com13 Jun 2019

From India, Reliance Industries is the only one in the overall top-200 list and is followed by HDFC Bank at 209th, ONGC at 220th, Indian Oil at 288th and HDFC Ltd at 332nd place.

G-8 summit to discuss tax avoidance by companies

G-8 summit to discuss tax avoidance by companies

Rediff.com15 Jun 2013

Obama to push for expansion of Foreign Account Tax Compliance Act.

Tata Sons, Azim Premji and Shiv Nadar to shell out more in taxes

Tata Sons, Azim Premji and Shiv Nadar to shell out more in taxes

Rediff.com1 Mar 2016

For an annual dividend income of Rs 10 lakh or more, the investor will pay a DDT of 10 per cent

ED attaches Rs 21-crore assets of V K Singh's aide SP Singh, others

ED attaches Rs 21-crore assets of V K Singh's aide SP Singh, others

Rediff.com30 Mar 2017

The case pertains to alleged financial irregularities in supply of high-altitude tents worth Rs 22 crore to intelligence agency Research and Analysis Wing during 2009-13.

First Indian firm to produce fuel for F1 racing...

First Indian firm to produce fuel for F1 racing...

Rediff.com6 Mar 2024

Indian Oil Corporation Ltd will start manufacturing fuel used in F1 racing in three months' time.

After RIL, Shell puts brakes on retail expansion

After RIL, Shell puts brakes on retail expansion

Rediff.com3 Apr 2008

Shell India is the second private sector petroleum company to review its expansion plans in India. The company has decided not to open any more petroleum outlets. The company has also asked some of its employees to start looking for another job. Shell has 50 petrol pumps across the country and has a licence to open 2,000 pumps.

Benami Act: All property registrations over Rs 30 lakh under scanner

Benami Act: All property registrations over Rs 30 lakh under scanner

Rediff.com14 Nov 2017

The top boss of the I-T department said that till now, the taxman has attached 621 properties, including some bank accounts, and the total amount involved in these cases, being probed under the Benami Transactions Act, is about Rs 1,800 crore.

Total to take 26% stake in Shell's Hazira project

Total to take 26% stake in Shell's Hazira project

Rediff.com4 Mar 2004

French oil giant Total will take 26 per cent stake in Royal Dutch/Shell's $600 million Hazira liquefied natural gas import project in Gujarat.

Adani says Mundra petchem work suspended as finances not tied-up yet

Adani says Mundra petchem work suspended as finances not tied-up yet

Rediff.com20 Mar 2023

Embattled Adani Group on Monday said it has put on hold major equipment procurement and site construction activities for the Rs 34,900 crore petrochemical project at Mundra in Gujarat as the project has not yet tied up finances. The group's flagship Adani Enterprises Ltd (AEL) incorporated a wholly-owned subsidiary, Mundra Petrochem Ltd in 2021 for setting up a greenfield coal-to-PVC plant at Adani Ports and Special Economic Zone (APSEZ) land in the Kutch district of Gujarat. Asked by stock exchanges to comment on a PTI report on Sunday that the group has suspended work on the project, AEL said, "The financial closure of the Green PVC project of Mundra Petrochemicals Limited ( MPL) is pending with the financial institutions and it is in their active consideration."

24 policemen, 60 protestors hurt in clashes as farmers march to Delhi

24 policemen, 60 protestors hurt in clashes as farmers march to Delhi

Rediff.com13 Feb 2024

Farmers from Punjab clashed with Haryana police at two border points between the states on Tuesday, facing tear gas and water cannons as they tried to break past barricades blocking their protest march to the national capital. The police lobbed tear gas shells -- some of them dropped from a drone -- and tried to disperse groups of stone-pelting protesters in the face-off that last several hours at Shambhu border near Ambala in Haryana.

Television prices may go up by 10% in April due to rising open cell rates

Television prices may go up by 10% in April due to rising open cell rates

Rediff.com15 Mar 2024

Consumers may have to shell out more to buy television panels as manufacturers say they may raise prices again in April. The industry has been facing this issue of price rise post the pandemic and open cell prices have gone up by around 30 per cent in the last one year. And, television panel manufacturers expect this trend to continue.

'My Boyfriend Blocked Me On Social Media'

'My Boyfriend Blocked Me On Social Media'

Rediff.com17 Jul 2024

The important thing to remember here is that his action reflects on him and what kind of a person he is; it does not highlight your worth, counsels rediffGURU Ravi Mittal.

ED summons actor Prakash Raj in Rs 100-cr ponzi case

ED summons actor Prakash Raj in Rs 100-cr ponzi case

Rediff.com23 Nov 2023

The investigation pertains to a case against Pranav Jewellers, a partnership firm based in Tiruchirapalli, whom the ED raided on November 20 and claimed to have seized "unexplained" cash of Rs 23.70 lakh and some gold jewellery.

Jorma Ollila, outgoing Nokia CEO, is Shell chairma

Jorma Ollila, outgoing Nokia CEO, is Shell chairma

Rediff.com4 Aug 2005

He will replace Add Jacobs, who will retire after less than one year in the post at Shell.\n

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.

No govt committee to probe Adani, Lok Sabha told

No govt committee to probe Adani, Lok Sabha told

Rediff.com13 Mar 2023

The government has not set up any committee to probe allegations a US short seller labelled against the Adani Group, but stock market regulator SEBI is investigating market allegations against the group, the Lok Sabha was informed on Monday. A separate investigation into imports of Indonesian coal by the conglomerate hasn't reached finality, Minister of State for Finance Pankaj Chaudhary said. Lok Sabha saw several questions being put by MPs to the government on the Adani issue, which were replied through written responses by the minister.

She-change in energy sector; Hilton to head Shell India

She-change in energy sector; Hilton to head Shell India

Rediff.com12 Apr 2012

Mehta's exit and Hilton's entry would see the company making history in India, where women have remained out of the chairperson's slot in energy companies, private or state-run.

Cash-strapped Pak sold weapons worth $364mn to Ukraine: Report

Cash-strapped Pak sold weapons worth $364mn to Ukraine: Report

Rediff.com14 Nov 2023

Citing details of the contract from the American Federal Procurement Data System, the BBC report claimed that Pakistan signed two contracts with American companies named "Global Military" and "Northrop Grumman" for the sale of 155mm shells.

Vodafone decision eases tax worries for Shell, others

Vodafone decision eases tax worries for Shell, others

Rediff.com29 Jan 2015

IBM, Nokia Oyj, Microsoft cases could now be resolved

CBI seizes AgustaWestland helicopter from builder in DHFL scam

CBI seizes AgustaWestland helicopter from builder in DHFL scam

Rediff.com30 Jul 2022

The CBI has been carrying out searches at various locations for the past few days to locate assets acquired from the proceeds of the scam, officials said.

For Adani, magic happened after 2014: In LS Rahul links group's rise to Modi

For Adani, magic happened after 2014: In LS Rahul links group's rise to Modi

Rediff.com8 Feb 2023

Leading the Opposition attack over the Adani-Hindenburg issue in the Lok Sabha, Rahul Gandhi on Tuesday linked Gautam Adani's meteoric rise to Prime Minister Narendra Modi's coming to power and said "magic" happened after 2014 that propelled the businessman from the 609th to the second spot on the global rich list.

Why TVs Are Going To Cost More

Why TVs Are Going To Cost More

Rediff.com5 Feb 2024

'On the final product, there can be an increase of a minimum of 10 per cent in February and March.'

Ex-Fortis promoters Malvinder, Shivinder sent to 14-day judicial custody

Ex-Fortis promoters Malvinder, Shivinder sent to 14-day judicial custody

Rediff.com17 Oct 2019

The investigating officer of the Delhi police, in the remand application, had sought custodial interrogation of the accused saying it was required to identify the persons to whom the alleged siphoned off money was transferred and to ascertain the purpose of creating the shell companies.

10 small economies hold 85% of $15 trn phantom FDI

10 small economies hold 85% of $15 trn phantom FDI

Rediff.com11 Sep 2019

Phantom FDI refers to investments that pass through shell companies that have no real business activities and are tailor-made to cut tax liabilities.

It's roll back time at Sebi

It's roll back time at Sebi

Rediff.com10 Aug 2017

After initiating stern action against 331 companies, the market regulator seems willing to revoke its stringent restrictions for some entities.

Explained: What the Brazil-Covaxin row is about

Explained: What the Brazil-Covaxin row is about

Rediff.com9 Jul 2021

Three entities are at the centre of this controversy: The Brazilian government, Bharat Biotech and a Singapore-based company called Madison Biotech.

Probe into Adani since 2016: FinMin says yes, Sebi says no, Congress has last laugh

Probe into Adani since 2016: FinMin says yes, Sebi says no, Congress has last laugh

Rediff.com15 May 2023

With Sebi telling the Supreme Court that it was not investigating the Adani group since 2016, the Congress on Monday cited a Union minister's reply in the Lok Sabha to challenge the claim and asked whether Parliament was misled or the market regulator was "fast asleep" as investors were "duped".

More than 680,000 registered companies have 'closed' down in India

More than 680,000 registered companies have 'closed' down in India

Rediff.com30 Jul 2019

Maharashtra and Delhi lead the pack of states in terms of absolute number, with 142,425 and 125,937 closed companies, respectively.