Search results for ' Acquisition'

IIHL completes acquisition of Reliance Capital

IIHL completes acquisition of Reliance Capital

Rediff.com18 Mar 2025

IndusInd International Holdings chairman Ashok Hinduja on Tuesday announced the acquisition of Reliance Capital, completing the three-year-long resolution process of the debt-ridden company. IndusInd International Holdings Ltd (IIHL) has transferred the bid amount to the escrow account of the lender, and the takeover of the management from the Administrator will happen on Wednesday.

SC judges to make assets public on assuming office

SC judges to make assets public on assuming office

Rediff.com10 hours ago

In a full court meeting, the top court judges decided to disclose their assets and the data will be uploaded on the SC website.

Waqf Bill brazen assault on Constitution: Sonia Gandhi

Waqf Bill brazen assault on Constitution: Sonia Gandhi

Rediff.com10 hours ago

Congress Parliamentary Party chairperson Sonia Gandhi has criticized the Waqf (Amendment) Bill, calling it a 'brazen assault' on the Constitution and part of the BJP's strategy to keep society in a 'permanent state of polarization.' She also spoke out against the One Nation, One Election Bill, calling it a 'subversion of the Constitution.' Gandhi further accused the Modi government of ignoring the women's reservation bill and other demands for reservation, and of 'dragging the country into an abyss' where the Constitution will only exist on paper. She also criticized the government for limiting the speaking time of the Leader of the Opposition in Parliament and for not allowing discussions on important issues like the working of the defense and external affairs ministries and the challenges posed by China on the border.

Reits climb the office ladder even as valuations keep rungs in place

Reits climb the office ladder even as valuations keep rungs in place

Rediff.com3 days ago

Even as concerns grow over the residential real estate market reaching its peak, the outlook for office real estate remains strong, with listed real estate investment trusts (Reits) standing to benefit from sustained demand in the segment.

Govt approves Rs 62,700-cr deal for 156 indigenous LCH Prachand

Govt approves Rs 62,700-cr deal for 156 indigenous LCH Prachand

Rediff.com5 days ago

The CCS approved the proposal to buy 156 LCH 'Prachand' worth over Rs 62,500 crore from HAL, Defence Minister Rajnath Singh said.

After cement, Adani and Birla are set for a face-off in the wires and cable biz

After cement, Adani and Birla are set for a face-off in the wires and cable biz

Rediff.com4 days ago

After cement, billionaire Gautam Adani's group and Kumar Mangalam Birla's Aditya Birla Group are set for a face-off in the wires and cable business with both conglomerates announcing forays into the high double-digit growth sector.

MI's Vignesh Puthur Impresses On Debut

MI's Vignesh Puthur Impresses On Debut

Rediff.com24 Mar 2025

On day two of IPL 2025, 24-year-old Vignesh Puthur left teammates and spectators in awe with a performance that showed class and maturity.

Enemies Beware! Indian Army Set To Boost Long-Range Firepower

Enemies Beware! Indian Army Set To Boost Long-Range Firepower

Rediff.com26 Mar 2025

The ATAGS has a range of 35-45 kilometres, depending on the ammunition used, and achieved a 47-km firing range during trials.

Godrej Consumer may be the fastest growing FMCG player in FY26

Godrej Consumer may be the fastest growing FMCG player in FY26

Rediff.com26 Mar 2025

Godrej Consumer Products (GCPL) had a disappointing third quarter (Q3FY25) with flat volumes (after 7 per cent growth H1FY25). Price hikes will be required to maintain margins to offset the cost of palm oil inflation. However, some analysts see Q3 as an exception with strong volume growth expected to resume and it may be the fastest growing FMCG player in FY26.

JSW Steel becomes world's most valuable steelmaker with $30.3 bn mcap

JSW Steel becomes world's most valuable steelmaker with $30.3 bn mcap

Rediff.com26 Mar 2025

JSW Steel, owned by Sajjan Jindal, has emerged as the world's most valuable steelmaker, boasting a market capitalisation (mcap) of nearly $30.31 billion, according to Bloomberg data.

Rs 118 cr: MF Husain painting is India's most expensive

Rs 118 cr: MF Husain painting is India's most expensive

Rediff.com21 Mar 2025

MF Husain's Untitled (Gram Yatra), a 13-panel masterpiece from the 1950s, has been sold at a Christie's auction in New York for USD 13.8 million, setting a new record for the most expensive work of modern Indian art. The sale nearly doubles the previous record held by Amrita Sher-Gil's "The Story Teller." "Gram Yatra," meaning "village pilgrimage," is considered a cornerstone of Husain's oeuvre, celebrating the diversity of independent India. The painting was acquired by a doctor in Delhi in 1954 and later bequeathed to Oslo University Hospital. The proceeds of the sale will support the training of future doctors at the institution.

Will SRH's Big Hitters Dominate IPL 2025?

Will SRH's Big Hitters Dominate IPL 2025?

Rediff.com22 Mar 2025

2016 champions SRH are banking on a power-packed batting line-up and a revamped bowling attack to end their nine-year title drought.

Can CSK Spin Their Way To 6th IPL Title?

Can CSK Spin Their Way To 6th IPL Title?

Rediff.com20 Mar 2025

Five-time IPL champions Chennai Super Kings have no paucity of talent to excel in IPL 2025, especially in home conditions.

Sanju Samson Is Royals' Biggest Asset

Sanju Samson Is Royals' Biggest Asset

Rediff.com20 Mar 2025

In a league defined by change, Sanju Samson's steadfast presence offers a sense of stability and a genuine chance for the Royals to finally reclaim their long-awaited title

GT Vs PBKS: Who Played The Best Knock? Vote!

GT Vs PBKS: Who Played The Best Knock? Vote!

Rediff.com26 Mar 2025

Skipper Shreyas Iyer led from the front on his debut for Punjab Kings with a scintillating knock, while Sai Sudharsan and Jos Buttler fought bravely for Gujarat Titans.

Why Wayanad's Landslide Survivors Are Protesting

Why Wayanad's Landslide Survivors Are Protesting

Rediff.com7 days ago

In the months immediately following the 2024 tragedy, reporting on the landslide per se had been a straightforward affair. On one side was death and destruction. On the other side, survivors and the business of survival. It was black and white. What direction to take was clear. Rehabilitation in comparison, felt like a complex situation. One that is fraught with shades of grey. As grey as human life, explains Shyam G Menon.

China delivers second of 8 submarine to Pak to back Arabian Sea strength

China delivers second of 8 submarine to Pak to back Arabian Sea strength

Rediff.com16 Mar 2025

China has delivered a second advanced submarine to Pakistan, part of a larger deal to bolster the South Asian nation's naval capabilities in the Indian Ocean. The move underscores China's growing influence in the region and its strategic partnership with Pakistan.

Crypto: Assess Risks Before Investing

Crypto: Assess Risks Before Investing

Rediff.com19 Mar 2025

Market downturns or regulatory shifts can reduce liquidity, making it harder to buy or sell assets when needed.

Torrent Group acquires 67% stake in Gujarat Titans

Torrent Group acquires 67% stake in Gujarat Titans

Rediff.com17 Mar 2025

Ahmedabad-based Torrent Group has completed the acquisition of a majority 67 percent stake in Indian Premier League (IPL) franchise Gujarat Titans.

India sees record deal activity in Feb at $7.2 bn

India sees record deal activity in Feb at $7.2 bn

Rediff.com15 Mar 2025

India witnessed a record-breaking surge in deal activity in February, with 226 M&A and private equity deals totaling $7.2 billion -- the highest monthly deal volume in the last three years, according to the Dealtracker report of Grant Thornton Bharat. "This represents a 67 per cent increase in volumes and a 5.4-fold increase in values compared to February 2024, while a 14 per cent increase over the previous month," it said.

US will annex Greenland for global security: Trump

US will annex Greenland for global security: Trump

Rediff.com14 Mar 2025

Speaking to reporters during a meeting with Rutte at the White House on Thursday (local time), Trump said the US needs Greenland for "international security" and hinted at future discussions on the matter.

New bill proposes 7-year jail, Rs 10L fine for forged passports in India

New bill proposes 7-year jail, Rs 10L fine for forged passports in India

Rediff.com16 Mar 2025

India is proposing a new law that would impose a jail term of up to seven years and a fine of Rs 10 lakh on anyone found using a forged passport or visa to enter, stay, or exit the country. The Immigration and Foreigners Bill, 2025, also mandates reporting of foreign visitors by hotels, universities, and hospitals to track overstaying individuals. The bill aims to simplify laws, ease business, and strengthen national security while promoting economic growth and tourism.

Immigration Bill introduced in LS amid Oppn protest

Immigration Bill introduced in LS amid Oppn protest

Rediff.com11 Mar 2025

The legislation is aimed at streamlining various services related to immigration and foreigners, including their entry, exit and stay in India.

Ukraine Overtakes India in Arms Import

Ukraine Overtakes India in Arms Import

Rediff.com11 Mar 2025

The five largest exporters of major arms in 2020-2024 were the US (43 per cent), France (9.6 per cent), Russia (7.8 per cent), China (5.9 per cent), and Germany (5.6 per cent).

'India Is In A State Of 'Not War, Not Peace'

'India Is In A State Of 'Not War, Not Peace'

Rediff.com11 Mar 2025

'And this will persist given the two-and-a-half-front threat we face.'

Kriti, Vikrant Win Big At IIFA Digital Awards

Kriti, Vikrant Win Big At IIFA Digital Awards

Rediff.com9 Mar 2025

The IIFA Digital Awards were announced on Saturday, March 8, 2025, night in Jaipur. Take the look at the winners.

Two Insurers Announce Investment In Bima Sugam

Two Insurers Announce Investment In Bima Sugam

Rediff.com14 Mar 2025

New India Assurance and Niva Bupa have invested in the Bima Sugam India Federation.

Huge Ports Deal Sparks US-China Tensions

Huge Ports Deal Sparks US-China Tensions

Rediff.com17 Mar 2025

The $22.8 billion CK Hutchison ports deal intensifies geopolitical tensions between the US and China. Chinese media has already called it 'a betrayal of all Chinese people'. Shyam G Menon explains how the proposed sale will reshapes global trade infrastructure.

Banks Struggle to Regain Deposits

Banks Struggle to Regain Deposits

Rediff.com13 Mar 2025

Privately, many bankers admit their immediate goal is not growth but slowing the erosion of Casa deposits, reveals Tamal Bandyopadhyay.

Can Meta, Google Curb Illegal Gambling?

Can Meta, Google Curb Illegal Gambling?

Rediff.com7 Mar 2025

The scale of illegal gambling and betting in India is staggering, with 1.6 billion visits recorded between October and December 2024 across four analysed platforms -- Parimatch, Stake, 1xBet, and Battery Bet.

Indian startups raise $1.65 bn in February

Indian startups raise $1.65 bn in February

Rediff.com4 Mar 2025

Indian startups raised a total of $1.65 billion (about Rs 14,418 crore) in funding at a median valuation of $83.2 million in February 2025, according to data from Traxcn. This brings the total funding in FY25 (April-February) to $25.4 billion, spread across 2,200 rounds, the data showed.

What Is A Gift Deed?

What Is A Gift Deed?

Rediff.com13 Mar 2025

All that you must know about the pros and cons of gift deeds, tax implications, essentials, documents required, conditions, etc...

Wipro's revenue to grow by 4.5% in FY26: Fitch

Wipro's revenue to grow by 4.5% in FY26: Fitch

Rediff.com3 Mar 2025

IT services firm Wipro's revenue is likely to increase by about 4.5 per cent in FY26, mainly driven by favourable sectoral trends and recovery in discretionary customer spending, according to global rating agency Fitch.

Why Paytm, 2 arms got Rs 611 cr ED notice

Why Paytm, 2 arms got Rs 611 cr ED notice

Rediff.com1 Mar 2025

The Enforcement Directorate has sent a notice to Paytm-owner One97 Communications for alleged violation of certain FEMA rules by the company and its two subsidiaries- Little Internet and Nearbuy, with respect to certain investment transactions, according to an exchange filing. Paytm clarified that the alleged breach pertains to the period when the two companies were not its subsidiaries.

'Will My ITR Invite More Scrutiny?'

'Will My ITR Invite More Scrutiny?'

Rediff.com5 Mar 2025

rediffGURU Vipul Bhavsar answers readers' personal income tax queries.

Army, IAF, Navy Promised Faster Defence Buys

Army, IAF, Navy Promised Faster Defence Buys

Rediff.com3 Mar 2025

'Currently, it takes between two and three years to formulate the request for proposal for procuring specific military equipment for the armed forces. It should not be this way.'

Punjab govt cracks down on farmer leaders ahead of protest

Punjab govt cracks down on farmer leaders ahead of protest

Rediff.com4 Mar 2025

Ahead of their planned protest in Chandigarh on March 5, several Samyukta Kisan Morcha (SKM) leaders were detained in early morning raids at their residences on Tuesday and Chief Minister Bhagwant Mann denounced the agitating farmer unions, saying they have turned Punjab into a 'state of dharnas' and caused huge losses to it.

Housing prices rise 10% in Q3 in 8 cities, Delhi-NCR tops

Housing prices rise 10% in Q3 in 8 cities, Delhi-NCR tops

Rediff.com25 Feb 2025

Housing prices appreciated at an average of 10 per cent during the December quarter across eight major cities on strong demand, higher input cost, according to a report by CREDAI, Colliers and Liases Foras. Realtors' body CREDAI, real estate consultant Colliers India, and data analytic firm Liases Foras on Tuesday released their joint report, which showed that Delhi-NCR saw a maximum appreciation of 31 pc annually during the October-December period of 2024.

Farmers call off Chandigarh march after Punjab Police crackdown

Farmers call off Chandigarh march after Punjab Police crackdown

Rediff.com6 Mar 2025

Punjab Police thwarted farmers' attempt to go to Chandigarh on the Samyukta Kisan Morcha's call for a week-long dharna beginning Wednesday, as multiple checkpoints were set up across the state and security stepped up at all entry points of the Union Territory.

Indian IT companies need to be paranoid: HCL CEO

Indian IT companies need to be paranoid: HCL CEO

Rediff.com24 Feb 2025

The time is up for the over three-decades-old business model with the advent of artificial intelligence, HCL Technologies' chief executive C Vijayakumar said on Monday. Speaking at industry lobby grouping Nasscom's annual NTLF event in Mumbai, Vijayakumar said companies need to be "paranoid", given the wide-ranging impact of AI and stressed that this attitude will help them to be relevant and grow. "I strongly believe that the business model is ripe for disruption.