As many as 49 players including Reliance Retail, Jindal Power Ltd and Adani group have submitted Expression of Interest (EoI) for acquiring the assets of debt-ridden Future Retail, which is currently going through insolvency resolution process. Reliance Retail Ventures Ltd, which is the holding company for retail operations of RIL and April Moon Retail Private Ltd, a joint venture between Adani Airport holdings and Flemingo group have again submitted their EOI, after the lenders of Future Retail decided to invite fresh bids after dividing FRL's assets into clusters. According to an update from FRL's Resolution Professional, the 49 players would be permitted to submit "resolution plan(s) for any/all such Clusters under Option II".
'However, to establish a quid pro quo, one can potentially see several things, like whether they got any benefits from the party that they gave money to. That is something that people (of India) will gauge. But to finally establish that there was money paid as consideration, it would require an investigation, a proper investigation, to be able to come up with such conclusions.'
In their dissent notes, the opposition members alleged that the inquiry process is a "farce" and a "proverbial kangaroo court".
'You are one of the drops that make that ocean, but when you leave it makes no difference to the ocean.'
'They have since only tried to improve systems. Also, with regulatory guidance from time to time, we are in a position to assess a situation and react in time.'
'Now that we are a pure-play India business, many investors are open to investing.'
'We are calling companies to set up assembly plants for mobile phones while all the components are imported.' 'Only the last turn of the screwdriver is done here. And you call it self-reliance, Atmanirbharta, etc.' 'Unless you invest in research, you will not climb up the ladder. But this government is happy getting sub-contract work.'
Afghanistan coach Trott fumes over poor outfield at HPCA stadium.
'It is Bajrang Punia's personal decision to return the Padma Shri. The WFI polls were held in fair and democratic manner. We will still try to persuade Bajrang to reverse his decision to return Padma Shri.'
'When manufacturing or even services cannot generate the kind of employment they are looking for, they prefer to be unemployed rather than under-employed.'
In the post-match press conference, Iyer was quizzed about short ball being a problem for him and Iyer, in reply, snapped at the reporter saying: 'When you say it's a problem for me what do you mean?'
Three countries share a common interest in warding off cyber attacks from various agencies PLA is developing and training in China.
The opposition Republican Party plunged into a crisis as its Speaker Kevin McCarthy lost the gavel after a small group of its Congressmen joined hands with the Democratic Party in an unprecedented vote in the House of Representatives.
What humans have -- that no machine can mimic -- is the ability to foster positive and authentic relationships with coworkers, managers and clients, says Job Van Der Voort, CEO and co-founder of Remote.
'We have focused on it quarter after quarter and started to build the pipeline.'
The Supreme Court on Friday said it has no reason to "discredit" SEBI, which probed allegations against the Adani group, as there was no material before it to doubt what the market regulator has done and the court does not have to treat what was set out in the Hindenburg report as a "true state of affairs".
'We humans may not have not created natural disasters, but we have definitely amplified their impact.'
Dixon Technologies right now is a beehive of activity. It is building a new facility in Noida to make 1.3 million laptops for Taiwanese PC maker Acer. The facility must be up and running in four months. The pace of activity will only increase. Last week Dixon won a similar contract from Lenovo, the Chinese personal computer maker and the third largest information technology (IT) hardware brand in India, to assemble laptops and notebooks. Though the clientele in these two cases is Taiwanese and Chinese, Dixon is a company reaching for the stars with its feet planted firmly in the Indian government's policy.
The detention of one person under the Act, however, was not revoked as he has many cases pending against him.
'Somehow, Rahul Gandhi is not able to connect with the youth of the country.' 'While Modiji is 72, Rahul is only 52.' 'But the popularity of the prime minister among the young population is a lot more than Rahul's.'
When I was leaving Pakistan and going abroad I had no feeling of happiness but today I am happy, Sharif said.
TCS saw its headcount reduced by 6,333. Infosys' headcount decreased by almost 7,500, and HCLTech saw its employee numbers shrink by 2,299.
rediffGURU Dev Ashish answers your personal finance and mutual fund queries.
'I don't know why they should feel scared. They have a big majority, they shouldn't feel scared.' 'They should let us speak and then they can always vote however they want to. I have no idea (what's scaring the government).' 'It actually baffles me why they should indulge in these kinds of tactics.'
'SUV is a very intensely fought category, unlike hatchbacks and cars.'
'I hold no grudges against any of them. I've moved on.'
'We are very close to become a theocratic State where Hinduism is the official religion of the government.'
Watching pornographic photographs or videos in one's private time without showing it to others is not an offence under the law as it is a matter of personal choice, the Kerala high court has held.
She has shown shrewdness, sensitivity, and courage. All of these will be needed in ample quantities for the real challenge that will emerge after the elections, notes Shreekant Sambrani.
It's simply heart-warming to watch Shefali Shah, Jaideep Ahlawat and Swanand Kirkire bring out the optimism in Three of Us, applauds Sukanya Verma.
'Modiji has a vision for the country, not just to fight the elections but about achieving certain goals for the country.' 'Congress does not even have a vision for 25 days.'
'If a person makes a decision because they think it's the best for themselves, the future and security of their families, then it's very hard to disagree with that.'
A study by an international team of researchers had warned two year ago that the South Lhonak lake in Sikkim may burst in the future and significantly impact the downstream region.
'BJP's ultimate ambition is to control Bihar independently.'
'India understands the situation of hostages by just remembering what happened to Baby Moshe as he was held hostage during the 26/11 terror attack'
Maruti Suzuki India's net profit surged 80.3 per cent to Rs 3,716.5 crore in the September quarter, driven by better sales, softening commodity prices, cost reduction efforts and higher non-operating income. The company had delivered a net profit of Rs 2,061.5 crore in the year-ago period, Maruti Suzuki India said in a statement on Friday. Maruti said it is expecting the affordability of small cars in the domestic market to come back in the next 2-3 years in the face of rising income levels of people and a growing economy, among others.
The BSE has decided to move the expiry day of Bankex derivatives contracts from Friday to Monday, effective October 16, the bourse said on Wednesday. "New contracts of S&P BSE Bankex with Monday expiry will be generated on October 13, 2023, and will be available for trading with effect from October 16, 2023," the BSE said, citing the decision was based on the market feedback. The expiry of Sensex derivatives contracts will continue to be on Friday.
'Every Indian who is concerned about the unity, integrity and the map of India should be worried about this growing divide.'
England stuck to their gameplan in the second innings, attacking the spinners at every opportunity as the Indians came undone and clearly looked bereft of ideas.
India played the tournament's best cricket for nearly six weeks but it was the familiar sight of Australia celebrating with the trophy as fireworks exploded overhead when the 13th edition of the World Cup came to a close on Sunday.
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