News for 'shell companies'

Why Microsoft buying LinkedIn raises many red flags

Why Microsoft buying LinkedIn raises many red flags

Rediff.com14 Jun 2016

Buying LinkedIn means Microsoft will control the best-known network.

Tension in Bengal's Basirhat after cops lob teargas to control mob

Tension in Bengal's Basirhat after cops lob teargas to control mob

Rediff.com6 Jul 2017

"Fresh tension brewed up at Basirhat town and station area after the communal clashes in Baduria in the district. Police had to resort to cane charge and teargas shells to disperse unruly crowd," a senior police officer said.

Summer placements: IIM-B grads bag plum offers

Summer placements: IIM-B grads bag plum offers

Rediff.com5 Nov 2015

Nearly 150 companies visited the campus this year.

BCCI set to pay Rs 800 crore compensation to Kochi Tuskers

BCCI set to pay Rs 800 crore compensation to Kochi Tuskers

Rediff.com24 Oct 2017

The Board of Control for Cricket in India is set to pay a huge compensation of more than Rs 800 crore to disbanded Indian Premier League franchise Kochi Tuskers Kerala for terminating their contract in 2011.

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.

Trai-ing times dawn for TV viewers

Trai-ing times dawn for TV viewers

Rediff.com1 Feb 2019

Trai's regulatory intervention was supposed to stimulate the market, but the latest order seems quite on the contrary, asks Nivedita Mookerji.

Capture of Tiger Hill: Turning point in Kargil War

Capture of Tiger Hill: Turning point in Kargil War

Rediff.com17 Jun 2019

Twenty years ago, over 50 days in the summer of 1999, the Indian Army fought some of the toughest battles in the annals of military history to evict the Pakistan army from Kargil. The battle to recapture Tiger Hill was a major turning point in the Operation Vijay campaign, points out Brigadier Gurmeet Kanwal (retd).

Bad news for those planning to sell shares of Infosys

Bad news for those planning to sell shares of Infosys

Rediff.com12 Sep 2018

After the IT giant declared a bonus, investors selling shares may have to shell out 4-5 times more tax

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.

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.

Diesel, petrol prices to change daily from June 16

Diesel, petrol prices to change daily from June 16

Rediff.com9 Jun 2017

Since May 1, the dynamic fuel pricing model has been applied on a pilot basis in 5 cities

That talent called Amit Mistry

That talent called Amit Mistry

Rediff.com4 May 2021

Amit Mistry was a wicked actor, someone who could chance a broken arm, who could take deep dives, who could ram his head into walls, all without bothering about the outcome. And, as with that closing bit, the knowledge of where he might have arrived at eludes us now, observes Sreehari Nair.

Football Briefs: Bolt likely to sign with Aussie football club

Football Briefs: Bolt likely to sign with Aussie football club

Rediff.com17 Jul 2018

News of all that's transpired on and off the football field

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.

What went wrong with RCom, once India's No 2 telco?

What went wrong with RCom, once India's No 2 telco?

Rediff.com3 Jan 2018

Jio's disruptive strategy, including free voice services and data at throwaway rates, apart from offering all services free for six months, triggered a consolidation in the telecom sector.

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.

Mukesh inks one of India's biggest FDIs; Saudi Aramco to pick 20% in RIL

Mukesh inks one of India's biggest FDIs; Saudi Aramco to pick 20% in RIL

Rediff.com12 Aug 2019

Reliance Industries will sell 20 per cent stake in its oil and chemicals business to Saudi oil giant Aramco for about $ 15 billion and nearly half of its fuel retail business to BP of UK for Rs 7,000 crore. Aramco, the world's biggest crude exporter, will also supply Reliance's twin-refineries at Jamnagar in Gujarat with 7,00,000 barrels of oil a day on a long-term basis, Ambani said.

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.

Adani joins hands with Total for LNG terminals, fuel retailing

Adani joins hands with Total for LNG terminals, fuel retailing

Rediff.com17 Oct 2018

Total, which had a few weeks back exited Royal Dutch Shell-led Hazira LNG import terminal in Gujarat, will join Adani in developing a 5 million tonnes a year import facility at Dhamra in Odisha. The two will also set up a joint venture to roll out a fuel retail network of 1,500 outlets, mostly on highways, in the next 10 years, Adani and Total said in a joint statement.

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.

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.

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.

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.

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.

India vs Aus, Pink-ball Test: Images from Day 1

India vs Aus, Pink-ball Test: Images from Day 1

Rediff.com17 Dec 2020

Images from Day 1 of the pink-ball first Test between Australia and India, in Adelaide, on Thursday.

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.

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.

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

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.

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.

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.

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.

Just started investing in stocks? Here's some advice

Just started investing in stocks? Here's some advice

Rediff.com3 Dec 2020

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

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

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

Govt's arguments valid, but have little to do with Article 370

Govt's arguments valid, but have little to do with Article 370

Rediff.com16 Aug 2019

A lot of the factors towards which the government has pointed to justify its moves on Jammu and Kashmir are in fact valid. Only, most of them have little to do with Article 370, says David Devadas.

RIL invites global majors to SEZ

RIL invites global majors to SEZ

Rediff.com23 Nov 2005

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.