News for 'shell companies'

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.

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.

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.

Corporatising OFBs: An idea whose time has come

Corporatising OFBs: An idea whose time has come

Rediff.com25 Aug 2020

'The much-awaited decision could be a welcome change at a time when the Indian armed forces are crying for self-reliance and the defence industry is looking forward to more indigenisation,' notes Nitin A Gokhale.

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.

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.

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

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.

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.

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.

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.

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.

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

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.

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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.

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 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.

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.

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

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.

RIL invites global majors to SEZ

RIL invites global majors to SEZ

Rediff.com23 Nov 2005

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.

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.'

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

Yamaha to launch India's most expensive bikes

Yamaha to launch India's most expensive bikes

Rediff.com13 Feb 2008

Yamaha is all set to launch two premium bikes, priced close to Rs 1 lakh. This is an attempt to revive the company's dipping sales and image.

Israel intensifies Gaza attacks, 100 Palestinians killed in 1 day

Israel intensifies Gaza attacks, 100 Palestinians killed in 1 day

Rediff.com29 Jul 2014

Fighting between Israel and Hamas intensified in Gaza on Tuesday after a brief lull as both sides ignored international calls for restraint and the Jewish state warned of a "prolonged" war that has killed 1,088 Palestinians and 56 Israelis in more than three weeks.

Two pence for Cabinet notes but information worth a million

Two pence for Cabinet notes but information worth a million

Rediff.com23 Feb 2015

Companies use journalists as conduits.