Adani Group on Friday raised Rs 4,850 crore from the sale of 13.5 per cent of its stake in Fortune oil maker Adani Wilmar as part of a strategy to exit non-core activities to focus on main infrastructure business. The conglomerate, which last month announced its exit from Adani Wilmar by selling the bulk of its stake to a joint venture partner, had on Thursday announced sale of 17.54 crore shares (13.50 per cent equity) in the company on January 10 (to non-retail investors) and on January 13 (to retail investors) at a floor or minimum price of Rs 275 apiece.
Women's HIL will provide financial stability to junior players and attract youth to hockey: Savita Punia
China has reiterated its plan to build the world's largest dam over the Brahmaputra River in Tibet, near the Indian border. The Chinese Foreign Ministry has assured that the project, estimated to cost around USD 137 billion, will not have any negative impact on downstream countries, India and Bangladesh. The ministry has stated that the project has undergone rigorous scientific verification and will be conducive to disaster prevention and mitigation, as well as climate change response. India has expressed concerns about the dam, raising the issue during talks with the visiting US National Security Advisor, Jake Sullivan. China has maintained that the project will not negatively affect the lower reaches and has committed to maintaining communication with downstream countries.
Hugely creative with a very evolved aesthetic sense, he made the Illustrated Weekly of India every young reporter's dream. Payal Singh Mohanka remembers Pritish Nandy who passed into the ages on January 8, 2025.
'Before you work on your business plan, before you build your team, you should have a clear idea about what your product is, who your customer is, how valuable the product is, and whether the market is deep and wide.'
The accused, Sudarshan Chandrabhan Ghule (26) and Sudhir Sangle (23), were handed over to the special investigation team of the Criminal Investigation Department (CID), which is probing the case, the official said.
However, copious oil supplies amid growing global output and slowing Chinese oil consumption will put India in a better bargaining position with Gulf suppliers.
Fuel up for your next workout! Try these top 5 energy-boosting foods before exercise for maximum performance and endurance
The Shiv Sena-Uddhav Balasaheb Thackeray, in a rare instance since the undivided Shiv Sena's fall out with the BJP in 2019, praised Maharashtra Chief Minister Devendra Fadnavis on Friday for his efforts to turn Naxal-hit Gadchiroli district into a steel city.
rediffGURU Aasif Ahmed Khan counsels students on the best career options in tech and engineering.
'Abhishek is known to launch new 'stars' and not 'kids.' He has always been successful with that. He has a lot of patience for new people. I won't say to tolerate them, but to nurture them. All of them have done very well.' Rediff.com's Mayur Sanap, Hitesh Harisinghani and Afsar Dayatar report from the trailer launch.
Naval assets take years to build, and therefore, not only is futuristic force planning essential, but indigenous projects must also be put into the pipeline, technologies developed and contracts for assets signed regularly so that the Indian Navy always remains a future-focussed force, asserts Vice Admiral Biswajit Dasgupta (retd).
Sukanya Verma celebrates Hrithik Roshan's silver work anniversary with a playlist of 25 of his chartbusters.
Australia wicketkeeper-batter Alex Carey was mesmerized by the way young opener Sam Konstas scored an audacious half-century in the Boxing Day Test against India, but insisted that it was unlikely to become a "blueprint" for future matches.
The Indian Diaspora has been able to carve a niche in their adopted countries as a result of their talent, perseverance and hardworking nature, asserts Rup Narayan Das.
The two-wheeler giant had only 14 per cent of the electric two-wheeler market in May this year, but its 26.8 per cent in December
Inaugurating the Grameen Bharat Mahotsav, the Prime Minister exuded confidence that villages will play a key role in pushing forward the dream of Viksit Bharat by 2047.
'If weak indicators persist, there is a risk that India could slip into a prolonged slowdown similar to the one experienced between 2014 and 2019,' warns Debashis Basu.
'The message that we intend to leave with at the end of this trip is one of real gratitude for the friendship and the close partnership that President Biden and Prime Minister Modi have enjoyed over the last four years, but also one of tremendous optimism because we see a lot of opportunity in the future.'
Magnus Carlsen and Ian Nepomniachtchi's decision to share the World Blitz Championship title for the first time in history sparked widespread criticism.
The Maharashtra State Commission for Women has directed Mumbai Police to take immediate action on a complaint filed by actor Prajakta Mali against MLA Suresh Dhas for making inappropriate remarks about her. Mali alleged that Dhas' comments impacted her personal and social life and led to defamatory content being circulated online. The commission has instructed the Mumbai Police Commissioner to submit a factual report on the matter. Dhas has stated that he is ready to face any consequences regarding the issue and has emphasized the need to focus on the Santosh Deshmukh murder case and crime in Beed district.
President Xi Jinping has said that no one can ever stop Taiwan's reunification with China as he signed off 2024 amid growing anxieties in the country over the continued slowdown of the economy and the return of Donald Trump, who has threatened to impose punitive tariffs and trade measures against Beijing in his second term.
Billionaire Mukesh Ambani's Reliance Industries Ltd has spent $13 billion on acquisitions in the past five years across new energy, telecom, retail and media business to script a pivot away from core oil and petrochemicals business to clean energy and consumer facing verticals. Last week, Reliance bought oncology platform Karkinos Healthcare for Rs 375 crore, adding another stack to its diagnostic and digital healthcare ecosystem, Morgan Stanley said in a report.
Lavishing praise on young Sam Konstas, former opener David Warner has urged Australia's senior players to adopt a similar aggressive approach when facing Indian pace spearhead Jasprit Bumrah
Novak Djokovic and Nick Kyrgios enthralled fans on their debut as a doubles team on Monday
The Prime Minister shared highlights of their interaction on his social media, praising Gukesh's determination, dedication, and humility.
These traditional Indian sweets to boost your energy levels in winter and since they get digested slowly they keep you warm.
'Inflation is not good for industry. Nor for the economy as a whole.'
'80% of start ups fail because they don't have a support system to help them in the very early phase.' 'It's not just an idea that takes an entrepreneur through the initial three years of journey.' 'What plays a definitive role in making a start-up successful is idea+team+capital+mentors+access to a larger ecosystem.'
From the 30 blue-chip pack, Mahindra & Mahindra, IndusInd Bank, Bajaj Finance, Tata Motors, Bajaj Finserv, Nestle and ICICI Bank were the biggest gainers. State Bank of India, Tata Steel, Adani Ports, Zomato, UltraTech Cement and HCL Tech were among the laggards.
'The CM's credibility is on the line.'
'The CT is a critically important tournament in world cricket because the One Day World Cup is only once in every four years. It is great because it breaks up those four years.'
Siemens's share price has lost ground in the past few sessions following weak management commentary. The management indicated challenges to the growth outlook due to stagnant private capex and concerns over semiconductor shortages for digital industries. Government infra-spending may regain momentum from January 2025.
Carter was in politics, but not a politician, certainly not a transactional politician, points out Shreekant Sambrani.
Considering the competition, engineering aspirants should ideally consider taking a minimum of five to seven entrance exams to maximise their chances of success and broaden their options when it comes to college, says rediffGURU Nayagam PP.
Billionaire Gautam Adani's group on Monday announced its exit from FMCG joint venture Adani Wilmar by selling its entire stake to the Singaporean partner and in the open market for an estimated over $2 billion in a first major deal since the US bribery indictment. In a statement, Adani Enterprises Ltd -- which held 43.94 per cent stake in Fortune brand cooking oil, wheat flour and other food product maker Adani Wilmar Ltd -- said it will sell 31.06 per cent stake to Wilmar International. About 13 per cent will be sold in the open market to meet minimum public shareholding requirements.
The landmark India-US civil nuclear deal of 2008, brokered during Manmohan Singh's tenure as Prime Minister, is seen as a crowning achievement in his foreign policy legacy. The agreement ended India's nuclear isolation, fostered a strategic partnership with the US, and opened doors to advanced technologies and defense cooperation. This historic deal also laid the groundwork for India's engagement with the global nuclear community.
'Each of us will have a beautiful story to tell about him because he went beyond work and touched our lives. That's a rarity in this industry.'
Indian passenger vehicles market registered record wholesales of 43 lakh units in 2024, with companies like market leader Maruti Suzuki, Hyundai, Tata Motors, Toyota Kirloskar Motor, and Kia posting their best-ever annual domestic sales. The continued growth of SUVs, along with rural markets playing a key role in driving up car sales, helped the industry better the previous best of nearly 41.1 lakh units posted in 2023.
Under his leadership, India launched the National Action Plan on Climate Change, passed the landmark Forest Rights Act to protect the rights of tribal communities and established the National Green Tribunal to safeguard the environment through swift legal action.
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