News for 'shell companies'

Jamnagar bash sees high-power gathering

Jamnagar bash sees high-power gathering

Rediff.com17 Mar 2008

Easily the biggest high-power gathering and by far the starriest event staged in Gujarat, concluded at the Reliance petro township in Jamnagar on Sunday.

Jet Airways flyers grapple with late refunds, soaring airfares

Jet Airways flyers grapple with late refunds, soaring airfares

Rediff.com16 Apr 2019

The sudden massive cancellations of Jet have put travel agents and customers in jeopardy

Vodafone case: Govt not to challenge HC order

Vodafone case: Govt not to challenge HC order

Rediff.com28 Jan 2015

Wooing overseas investors, government on Wednesday decided against challenging the Bombay High Court decision favouring Vodafone in the Rs 3,200 crore (Rs 32 billion) tax case and adopt a similar approach in transfer pricing litigations involving other MNCs like Shell.

Reliance shuts down 1,432 petrol pumps

Reliance shuts down 1,432 petrol pumps

Rediff.com6 May 2008

Reliance has shut all of its 1,432 petrol pumps in the country after sales dropped to almost nil as it could not match the subsidised price offered by public sector competition. Public sector currently sells petrol at a loss of Rs 13.97 a litre and diesel at a discount of Rs 20.97 per litre. This revenue loss is made up by the Government through issue of oil bonds. Private firms were not entitled for the subsidy and priced fuel from their pumps at Rs 8-10 a litre higher.

India rejects European oil firm's request to market jet fuel

India rejects European oil firm's request to market jet fuel

Rediff.com30 Mar 2015

India has rejected a request from BP Plc to be allowed to sell jet fuel to the booming aviation market.

What you must know about Handwara anti-terror operation

What you must know about Handwara anti-terror operation

Rediff.com4 May 2020

Lieutenant General Syed Ata Hasnain (retd), former general officer in commanding, 15 Corps, explains what may have happened during the Indian Army's anti-terrorist operation in Kashmir in which four soldiers and one policemen, including the commanding officer 21 Rashtriya Rifles, made the supreme sacrifice for the Motherland.

Mess led Nestl to rope in crisis managers

Mess led Nestl to rope in crisis managers

Rediff.com14 Aug 2015

The meetings were a sign of crisis management.

EPFO dumps CSC Aadhaar services after data theft

EPFO dumps CSC Aadhaar services after data theft

Rediff.com3 May 2018

Unique Identification Authority of India said the alleged data breach took place on a website that does not belong to it.

Nirav Modi's paintings auctioned for Rs 59.37 crore

Nirav Modi's paintings auctioned for Rs 59.37 crore

Rediff.com27 Mar 2019

As many as 68 artworks went under the hammer on Tuesday evening and included works by the greats like Raja Ravi Varma, V S Gaitonde, F N Souza, Jogen Chowdhury, and Akbar Padamsee among others.

Satyam's fall: From Rs 542 per share to Rs 58

Satyam's fall: From Rs 542 per share to Rs 58

Rediff.com13 Apr 2009

Months before the scam at Satyam had come to light with confessions of its founder and former chairman B Ramalinga Raju, the Satyam scrip had hit a 52-week high of Rs 542 in May last year. The IT firm's market capitalisation had been over Rs 36,600 crore (Rs 366 billion) at that time.

India Inc had a roller coaster ride in 2014

India Inc had a roller coaster ride in 2014

Rediff.com26 Dec 2014

India Inc had few tough issues to deal with in 2014.

Will more subscribers gravitate to RJio for free offer?

Will more subscribers gravitate to RJio for free offer?

Rediff.com2 Dec 2016

Jio's100-million subscribers target appears an uphill task in the next one month, believe analysts. Also, the existing subscribers are already witnessing slowdown in data speed thanks to the high traffic.

This ex-investment banker is changing rural lives

This ex-investment banker is changing rural lives

Rediff.com9 Nov 2018

Gaurav Mehta, one of 100 'Young Global Leaders', is tapping entrepreneurs inside rural Indians.

ITC hikes cigarette prices

ITC hikes cigarette prices

Rediff.com28 May 2008

Those addicted to ITC brands will have to shell out more for cigarettes as the tobacco major has hiked prices of some of its brands by upto Rs 8 per packet.

Six mantras to get the best car loan deal

Six mantras to get the best car loan deal

Rediff.com4 Jan 2015

These tips can save a lot of money for every car loan customer.

H-1B visa reform bill introduced in US Senate

H-1B visa reform bill introduced in US Senate

Rediff.com11 Nov 2015

H-1B visa reform bill introduced in US Senate

Nobody knows what is happening in Kashmir: Omar

Nobody knows what is happening in Kashmir: Omar

Rediff.com3 Aug 2019

The governor requested the political leaders to ask their supporters to maintain calm and not believe exaggerated and unfounded rumours being circulated all around.

Domestic investors plan to seek FIIs support on Maruti deal

Domestic investors plan to seek FIIs support on Maruti deal

Rediff.com14 Mar 2014

Maruti Suzuki India is facing stiff resistance from private sector mutual funds and insurance companies, which own almost 7 per cent of the company, for its decision to allow Suzuki to make cars for the Indian car-maker at a proposed plant in Gujarat instead of manufacturing vehicles itself.

How falling rupee will affect your child's future!

How falling rupee will affect your child's future!

Rediff.com24 Sep 2018

With the rupee crossing Rs 72/dollar in recent times, things suddenly don't look too good on several counts.

Modi's plan to promote tax-friendly environment in limbo

Modi's plan to promote tax-friendly environment in limbo

Rediff.com20 Dec 2016

Only 300 assessees came forward with disputed tax liabilities amounting to Rs 10,000 crore

OVL in fray for Libyan gas fields

OVL in fray for Libyan gas fields

Rediff.com12 Sep 2007

ONGC Videsh (OVL), a wholly owned subsidiary of Oil and Natural Gas Corporation (ONGC), is eyeing more gas fields in Libya.

Essar, RIL have set up over 1,000 petrol pumps

Essar, RIL have set up over 1,000 petrol pumps

Rediff.com13 Mar 2007

The Ruias-managed Essar Oil is fast catching up with Reliance Industries in the number of petrol pumps set up by private sector retailers.

2 insurers do away with bonus on health policies

2 insurers do away with bonus on health policies

Rediff.com28 Jul 2007

In a move that impacts long-term subscribers of medical insurance policies, leading insurers like Oriental Insurance Company and United India Insurance have stopped no-claim bonus for existing and new policy holders.

Vaibhav Global: Success story of an online jewellery retailer

Vaibhav Global: Success story of an online jewellery retailer

Rediff.com22 Jun 2015

Vaibhav Global is one of the world's few profitable accessory retailers.

Voda, Idea merger announced

Voda, Idea merger announced

Rediff.com20 Mar 2017

While Vodafone will hold 45.1% of the shares in the new entity, to be renamed at a later stage, Kumar Mangalam Birla and other promoters of Idea group will hold 26%. Vodafone India will also transfer 4.9% of its shareholding to Idea's promoters for a cash consideration of Rs 38.74 lakh crores.

Vodafone begins arbitration against India in tax dispute

Vodafone begins arbitration against India in tax dispute

Rediff.com8 May 2014

The British mobile phone operator was widely expected to go for an international arbitration after its talks with the Indian government failed to find a solution last year.

Quit smoking? You still have to pay higher premium for insurance

Quit smoking? You still have to pay higher premium for insurance

Rediff.com12 Feb 2016

Life insurers need applicants to abstain from tobacco for up to five years.

Rising sea level may impact investments in Gujarat

Rising sea level may impact investments in Gujarat

Rediff.com22 Nov 2007

For long, the Gujarat government has been hard-selling the sea of business opportunities that its 1,600-km long coastline offers.

Why many Indians won't be able to afford air travel

Why many Indians won't be able to afford air travel

Rediff.com29 Mar 2019

'Earlier, when they were selling tickets at Rs 1,000, a family of five could travel by flight.' 'When it comes to realistic pricing and the price becomes Rs 5,000, a family of five will have shell out Rs 25,000.' 'How many will be able to afford that?' 'You will see people switching back to train travel which is more realistic.'

Vodafone wins $490 mn tax dispute in India

Vodafone wins $490 mn tax dispute in India

Rediff.com10 Oct 2014

A court ruled in favour of Vodafone on Friday in a long-running dispute with the Indian taxman, a boost for the British telecom group whose tax battles have been seen as emblematic of the troubles facing foreign investors in India.

10 job skills Indian engineers should have

10 job skills Indian engineers should have

Rediff.com6 Jan 2020

Most Indian engineers can code but are not confident in their ability to do so, notes Narayan Mahadevan.

TN: 7 held in arms seizure case

TN: 7 held in arms seizure case

Rediff.com15 Sep 2006

Six of the arrested persons were owners of small-scale units that manufactured the components of the rocket launchers, while one was the agent of Kranthi Transport.

Court verdict in Vodafone case will help Nokia, other cos: Prez

Court verdict in Vodafone case will help Nokia, other cos: Prez

Rediff.com14 Oct 2014

The order in favour of Vodafone is being considered significant because some domestic companies too are involved in similar transfer pricing cases.

Telco shares likely to perform well, time to go bottom-up

Telco shares likely to perform well, time to go bottom-up

Rediff.com20 Aug 2015

Telecom companies (Airtel, Vodafone, ABNL-via Idea Cellular), which enjoy larger reach, appear to be better placed among the key companies bagging payments bank licences.

ONGC topples RIL to become highest ranked Indian energy firm

ONGC topples RIL to become highest ranked Indian energy firm

Rediff.com29 Oct 2014

Cairn India is 25th on the list with 22.2 per cent CGR.

Money spent on Swachh Bharat, Clean Ganga comes under CSR ambit

Money spent on Swachh Bharat, Clean Ganga comes under CSR ambit

Rediff.com26 Oct 2014

The major initiatives of the Modi government have been launched to ensure cleanliness across the country

Mittal to pay $980 mn for Kazakh oil firm pie

Mittal to pay $980 mn for Kazakh oil firm pie

Rediff.com13 Dec 2006

India-born billionaire Lakshmi Mittal will pay Russia's Lukoil $980-million