News for 'shell companies'

ONGC's stake sale talks with ConocoPhillips, Shell hit roadblock

ONGC's stake sale talks with ConocoPhillips, Shell hit roadblock

Rediff.com16 Aug 2013

The company has been in talks with ConocoPhillips and Shell for some time. It now says the MoD's stringent norms on exploration in 'no-go' areas is posing a big challenge in taking the deal forward.

Black money: Over 1,000 entities under Sebi lens

Black money: Over 1,000 entities under Sebi lens

Rediff.com29 Dec 2014

These entities have facilitated illicit transactions worth thousands of crores of rupees over the past 2-3 years

Devastation Continues in Ukraine...

Devastation Continues in Ukraine...

Rediff.com19 Mar 2022

Glimpses of the devastation caused by Putin's War.

Ganesh Chaturthi Special Recipes

Ganesh Chaturthi Special Recipes

Rediff.com19 Sep 2023

Show-stopping desserts to impress guests on Ganeshotsav.

Probe agencies destroying my reputation: Chidambaram

Probe agencies destroying my reputation: Chidambaram

Rediff.com26 Aug 2019

Chidamabaram's counsel told the top court that he is sought by ED to be "vicariously involved" in the INX Media money laundering case as he is the father of Karti Chidambaram, who according to the probe agencies tried to influence the Foreign Investment Promotion Board members.

US court rejects Nirav Modi's plea against fraud charges

US court rejects Nirav Modi's plea against fraud charges

Rediff.com19 Oct 2021

In a major blow to Nirav Modi, a bankruptcy court in the US has rejected a petition of the fugitive diamond merchant and two of his associates, seeking dismissal of fraud allegations against them by the trustee of three companies they previously owned indirectly.

Govt to SC on poll bonds: Transparency not a mantra

Govt to SC on poll bonds: Transparency not a mantra

Rediff.com11 Apr 2019

Govt effort to curb black money in polls futile if identity of donors not known, says SC.

Adani says examining legal options against Hindenburg

Adani says examining legal options against Hindenburg

Rediff.com26 Jan 2023

A day after Adani Group's shares took a beating as Hindenburg Research made damaging allegations against it, the group on Thursday said it is examining legal options to take "punitive action" against the US activist investor for its "reckless" attempt to sabotage a share-sale at the conglomerate's flagship firm. "The maliciously mischievous, unresearched report published by Hindenburg Research on January 24, 2023 has adversely affected the Adani Group, our shareholders and investors. "The volatility in Indian stock markets created by the report is of great concern and has led to unwanted anguish for Indian citizens," the group's lead head Jatin Jalundhwala said in a statement.

More panels on black money? No, say experts

More panels on black money? No, say experts

Rediff.com7 Jun 2011

Delays in action against black money by way of committees and studies will give time to corrupt politicians, businessmen and bureaucrats to divert their ill-gotten funds into shell companies, an eminent Jawharlal Nehru University professor has said.

Shell to grow gas biz; sees India demand growing

Shell to grow gas biz; sees India demand growing

Rediff.com3 Jun 2003

Royal Dutch/Shell Group plans to grow its natural gas business relative to its oil assets and intends to supply gas to the United States, the Wall Street Journal reported on Tuesday.\n\n\n\n

Unitech MD held for allegedly duping home buyers

Unitech MD held for allegedly duping home buyers

Rediff.com1 Apr 2017

Delhi Police's Economic Offences Wing has arrested the Managing Director of Unitech and another person for allegedly not developing a project despite receiving funds from investors, police said.

TN govt files criminal defamation case against state BJP chief Annamalai

TN govt files criminal defamation case against state BJP chief Annamalai

Rediff.com10 May 2023

The Tamil Nadu government filed a criminal complaint in a sessions court in Chennai on Wednesday against state Bharatiya Janata Party president K Annamalai for defaming Chief Minister M K Stalin.

Farmers protest Guj company's bid to acquire land, 50 detained

Farmers protest Guj company's bid to acquire land, 50 detained

Rediff.com1 Apr 2018

Local head of a farmers' group alleged that the police manhandled the protesters, including women and children, and in the process at least five people were injured.

'ONGC is venturing into high-risk ultra-deep water exploration'

'ONGC is venturing into high-risk ultra-deep water exploration'

Rediff.com25 May 2023

'We plan to add over 100,000 square kilometres every year, to reach an ambitious target of 500,000 square kilometres by 2025.'

Will drag you to jail by your collar: Mishra warns Kejriwal before fainting

Will drag you to jail by your collar: Mishra warns Kejriwal before fainting

Rediff.com14 May 2017

The party refuted Mishra's charges and said he was 'parroting' the Bharatiya Janata Party.

Electoral bonds absolutely transparent: Govt tells SC

Electoral bonds absolutely transparent: Govt tells SC

Rediff.com14 Oct 2022

Electoral bonds have been pitched as an alternative to cash donations made to political parties as part of efforts to bring transparency in political funding.

Going public, Chinese style

Going public, Chinese style

Rediff.com15 Mar 2007

To get listed overseas, companies are getting U.S.-traded outfits to buy them.

SC upholds bail granted to ex-Maharashtra HM Anil Deshmukh

SC upholds bail granted to ex-Maharashtra HM Anil Deshmukh

Rediff.com11 Oct 2022

The Supreme Court on Tuesday refused to interfere with the Bombay high court order granting bail to former Maharashtra home minister Anil Deshmukh in a money laundering case.

Vodafone fears Essar may further dilute BPL stake

Vodafone fears Essar may further dilute BPL stake

Rediff.com11 Sep 2008

The Ruias and other promoters own a 99.99 per cent stake through various companies in BPL Mobile Communications. They have already toned it down to 82.4 per cent, sources close to the development said. Now, the group is looking at further bringing it down to less than 70 per cent. This will make BPL Mobile Communications a shell company and diminish its values making its shares 'worthless,' says Vodafone.

TN BJP chief complains to CBI against DMK govt's metro project 'corruption'

TN BJP chief complains to CBI against DMK govt's metro project 'corruption'

Rediff.com30 Apr 2023

The BJP leader said his party was committed to fighting against corruption and it would reflect in its proposed statewide yatra titled En Mann En Makkal (my soil, my people), ahead of the 2024 Lok Sabha polls.

The Great Election Funding Fiddle

The Great Election Funding Fiddle

Rediff.com25 Apr 2017

'The anonymous electoral bonds means that political affiliations will be even harder to ascertain for the voter or the minority shareholder.' 'The government of the day will, of course, know, exactly which corporate is making donations to which party.' 'Hence, the government will be in a wonderful position to exert "moral pressure" on corporates which make donations to Opposition parties.'

Messi misses first day of tax fraud trial

Messi misses first day of tax fraud trial

Rediff.com31 May 2016

Barcelona's five-time soccer World Player of the Year Lionel Messi went on trial on Tuesday along with his father on accusations of defrauding the Spanish state of millions of euros (dollars).

Fresh trouble for Lalu? ED arrests Misa Bharti's CA in money laundering case

Fresh trouble for Lalu? ED arrests Misa Bharti's CA in money laundering case

Rediff.com23 May 2017

Rajesh Agarwal, the chartered accountant, was allegedly instrumental in providing accommodation entries to many high-profile people to help launder their funds.

Govt has made RS 'incidental', charges Oppn in Finance Bill debate

Govt has made RS 'incidental', charges Oppn in Finance Bill debate

Rediff.com30 Mar 2017

After Finance Minister Arun Jaitley moved the amended Finance Bill for consideration by the Lok Sabha, Deepender Hooda (Congress) said this was a "historic" occasion as never in the past had the Rajya Sabha amended the Finance Bill.

Mauritius tax break not for all

Mauritius tax break not for all

Rediff.com3 Jul 2006

Women's IPL: BCCI set for another 4000 cr windfall

Women's IPL: BCCI set for another 4000 cr windfall

Rediff.com23 Jan 2023

According to market experts, the buyers are expected to shell out in the "range of 500 to 600 crore INR" per team in the closed-bid auction for the women's IPL.

Avinash Sable: 'To win an Olympic medal, I need...'

Avinash Sable: 'To win an Olympic medal, I need...'

Rediff.com16 Oct 2023

'I need mental conditioning and support staff to deal with the mental aspect.'

Centre, states team up with RBI, Big Tech to fight Chinese lending apps

Centre, states team up with RBI, Big Tech to fight Chinese lending apps

Rediff.com22 Jan 2021

A user just needs to download any app floated by such fraudsters and apply for instant loans. These apps are mainly concentrated on Google Play considering the reach and popularity of Android systems.

'Birla's share transfer in Star News seems okay'

'Birla's share transfer in Star News seems okay'

Rediff.com29 Jul 2003

Prima facie, there appears to be no violation of the Companies Law in Kumar Mangalam Birla transferring his 25 per cent stake to Suhel Seth in the uplinking entity of Star, senior DCA officials said in New Delhi on Tuesday.

Companies open gates for differently-abled people

Companies open gates for differently-abled people

Rediff.com15 Dec 2008

Firms like MphasiS believe in an inclusive workplace, providing equal opportunities to all.

ED stops Jacqueline Fernandez from flying abroad

ED stops Jacqueline Fernandez from flying abroad

Rediff.com5 Dec 2021

The 36-year-old actor was stopped by the immigration authorities at the Mumbai airport on the basis of a Look Out Circular (LoC) issued by the federal probe agency, they said.

Seven companies in fray for HPCL pie

Seven companies in fray for HPCL pie

Rediff.com10 Apr 2003

Seven companies including Royal Dutch/Shell, BP Amoco, Reliance Industries and Kuwait Petroleum Corporation were left in the fray for acquiring government stake in oil PSU Hindustan Petroleum Corporation Ltd after bidders were shortlisted.

India Could Be Next Whisky Superpower

India Could Be Next Whisky Superpower

Rediff.com8 Dec 2023

'Indian single malts have a very specific character.' 'They are sweet when you take a frontal palette approach and change significantly with the addition of water.'

What's Greenwashing?

What's Greenwashing?

Rediff.com21 Apr 2023

Greenwashing is making misleading or false environment-friendly claims about a product. Consumers in India currently do not have any way of telling whether a claim is authentic or greenwashing. And one never hears of action against any company for making false claims of being environment-friendly.

Russian Missiles Deprive Kyiv Of Water

Russian Missiles Deprive Kyiv Of Water

Rediff.com1 Nov 2022

Russia has increased its attacks on Ukraine's energy infrastructure as winter looms.

Highlights from PM Modi's I-Day speech

Highlights from PM Modi's I-Day speech

Rediff.com15 Aug 2017

Addressing the nation for the fourth time since he took office in 2014, the prime minister called upon the citizens to perform their duties towards the nation and co-operate to work towards a common goal of peace, harmony and development in the country.

No LTCG on 'genuine investments', clarifies govt

No LTCG on 'genuine investments', clarifies govt

Rediff.com3 Feb 2017

Allaying investor fears over the levy of long-term capital gains tax on share transfer in unlisted companies, the government on Friday said the move is only to target 'khoka' companies, and 'genuine investments' in start-ups and through FDI will be exempt.

'Oil is another reason for clashes in Manipur'

'Oil is another reason for clashes in Manipur'

Rediff.com28 Aug 2023

'The Kuki-Zo are aware of this rich resource in their areas and feel the Meitei push for ST status is because of this reason'.