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Paytm, Adani Group deny stake sale talks

Paytm, Adani Group deny stake sale talks

Rediff.com29 May 2024

Paytm operator One97 Communications Ltd on Wednesday said it is not in talks to sell a stake to the Adani Group. Adani group has also termed such reports as "false and untrue." Commenting on a report that billionaire Gautam Adani was in talks with Paytm CEO Vijay Shekhar Sharma for a possible stake buy, One97 Communications said, the "news item is speculative and the company is not engaged in any discussions in this regard."

Jio Fin arm plans Rs 36K cr deal with Reliance Retail

Jio Fin arm plans Rs 36K cr deal with Reliance Retail

Rediff.com27 May 2024

Mukesh Ambani's Jio Financial Services (JFS) is set to seek shareholders' approval for its leasing subsidiary to acquire telecom equipment and devices worth Rs 36,000 crore ($4.33 billion) from Reliance Retail. Jio Leasing Services Limited (JLSL), a wholly-owned subsidiary of JFS, plans to enter the device leasing business, and the equipment will be deployed in broadband wireless connectivity and other services.

'Mr Modi Is Rattled'

'Mr Modi Is Rattled'

Rediff.com27 May 2024

The speech he gave in which he accused the Congress of getting black money in tempos from Ambani and Adani is remarkable.' 'It is a self-goal for sure, but indicates someone who has lost control, someone who is rattled.'

Is Election Commission Scared Of Modi?

Is Election Commission Scared Of Modi?

Rediff.com25 May 2024

This election will be remembered for being the first election where the Election Commission failed to take action on gross violations involving the ruling party that repeatedly used religion, communal slurs, lies and undocumented allegations, observes Ramesh Menon.

'Now May Be The Time To Go All In'

'Now May Be The Time To Go All In'

Rediff.com21 May 2024

'For experienced and risk-taking investors, now may be the time to go all in.' 'By 'experienced and risk-taking', I refer to those who remained net buyers in equities during the early stages of the 2020 pandemic.' 'On the other hand, those who exited the markets during the pandemic may go the SIP way.'

A Rogue Wave Rising In The North

A Rogue Wave Rising In The North

Rediff.com21 May 2024

While people voted in a fifth round that will set the tone as this election rounds into the straight, and while Modi on the stump chews the cud of personal grievances and hackneyed promises that have long since passed their use-by date, there is a rogue wave rising -- what damage it will do, we will know 16 days from today, observes Prem Panicker.

Mumbai turnout falls to 52.2% from 2019 despite star power

Mumbai turnout falls to 52.2% from 2019 despite star power

Rediff.com21 May 2024

The constituency of Mumbai South, home to industrialists as well as high-ranking government officials, fared the worst with 47.7 percent voting.

What Did Ambanis Tell Rohit?

What Did Ambanis Tell Rohit?

Rediff.com20 May 2024

Rohit Sharma was all smiles as he spoke to MI Owners Nita Ambani and Akash Ambani after their final league match.

Banking industry doyen N Vaghul dies at 88

Banking industry doyen N Vaghul dies at 88

Rediff.com18 May 2024

Veteran banker N Vaghul, who led the transformation of ICICI into a private sector lender, died on Saturday afternoon due to health complications. He was 88. Vaghul took over the reins of ICICI, then a public finance institution, in 1985 and turned it into a universal bank during his 11-year stint at the helm with the help of a young team as the economy liberalised.

Modi won't debate with me because...: Rahul

Modi won't debate with me because...: Rahul

Rediff.com18 May 2024

Gandhi said the debate would end after these two questions only, but he also wants to ask the prime minister why did he ask the public to bang plates and flash mobile phones when people were suffering from the Covid pandemic.

Leaning in: Isha Ambani beyond Reliance Retail

Leaning in: Isha Ambani beyond Reliance Retail

Rediff.com16 May 2024

Isha Ambani means business. Not only when she is doing business - she leads Reliance Retail - but also when she is not. The latter was unmistakable on Wednesday, during her eight-minute 49-second video address on the occasion of "Girls in Information and Communications Technology (ICT) Day India 2024".

Will Raebareli Also Go The Amethi Way?

Will Raebareli Also Go The Amethi Way?

Rediff.com16 May 2024

'Sonia did not visit this place once since she won. Who's to say they won't lose this one, too?'

Why BJP Is More Guilty Than Sam Pitroda

Why BJP Is More Guilty Than Sam Pitroda

Rediff.com15 May 2024

If Pitroda's blunder cost him his office, what should the BJP's unrepentant attitude cost it?, asks Shyam G Menon.

Is There Really No Alternative To Modi?

Is There Really No Alternative To Modi?

Rediff.com14 May 2024

'Are we so ready to believe that in this country whose virtues we constantly shout from the rooftops, there is no single person -- other than Modi -- in a minimum of 272 elected MPs with the talent and ability to lead this country?' asks Prem Panicker.

Why didn't chowkidar...: Kharge on Modi's Adani-Ambani charge

Why didn't chowkidar...: Kharge on Modi's Adani-Ambani charge

Rediff.com12 May 2024

Alleging that the BJP would end democracy if it was not voted out, Kharge said it was because of this democracy that a tea-seller's son could become the prime minister of India and he, the son of a labourer, could become the president of the opposition Congress.

Hinduja group firm gets conditional nod to acquire RCap

Hinduja group firm gets conditional nod to acquire RCap

Rediff.com11 May 2024

Insurance sector regulator IRDAI has given conditional approval to Hinduja Group firm IndusInd International Holdings Ltd (IIHL) for the takeover of debt-ridden Reliance Capital. "We are happy to acknowledge the receipt of approval from IRDAI yesterday (May 10, 2024) on the auspicious occasion of Akshay Tritiya. "The approval is subject to certain 'regulatory, statutory, and judicial' clearances/compliances," an IIHL spokesperson said in a statement.

Phase 4: Campaigning ends for 96 Lok Sabha seats, Andhra polls

Phase 4: Campaigning ends for 96 Lok Sabha seats, Andhra polls

Rediff.com11 May 2024

Campaigning for May 13 elections in 96 Lok Sabha constituencies across 10 states and Union territories including all seats in Andhra Pradesh, where assembly elections are also being held concurrently, and Telangana concluded on Saturday evening.

Will end drain of wealth to crony corporates: Cong

Will end drain of wealth to crony corporates: Cong

Rediff.com9 May 2024

The Congress on Thursday accused the Modi government of aiding 'drain of wealth' from ordinary Indians to crony corporates, and said it will end this practice if it comes to power at the Centre.

'First Congress Candidate To Get Vote From A Thackeray'

'First Congress Candidate To Get Vote From A Thackeray'

Rediff.com9 May 2024

While the responses of the candidates were predictable, depending on which side they belonged to, an interesting point slipped through when Rahul Shewale cited the Dharavi Redevelopment Project as a scheme that would add to Mumbai's importance. No big infrastructural project in Mumbai, he said, could be successful without the Centre's nod.

Met Gala: Isha, Alia, Mona, Mindy Make India Shine

Met Gala: Isha, Alia, Mona, Mindy Make India Shine

Rediff.com9 May 2024

Take a look at what the desi celebs wore to the fashion extravaganza.

Can Modi Win A Simple Majority?

Can Modi Win A Simple Majority?

Rediff.com9 May 2024

2019 was the Bharatiya Janata Party's breakout year, when it stretched the boundaries of what was thought possible and ended up with 303 seats on its own steam. Now it is forced to play defence, on a pitch queered by too many variables, asserts Prem Panicker.

Don't be scared, send CBI or ED to Adani, Ambani: Rahul hits back at Modi

Don't be scared, send CBI or ED to Adani, Ambani: Rahul hits back at Modi

Rediff.com8 May 2024

Rahul Gandhi's retort to PM Modi came after the latter attacked him at an election rally saying why he has "stopped" naming Adani and Ambani in his attacks and whether he has received money from them in return.

'Ambani, Adani, Tata will move to Dubai if India imposes inheritance tax'

'Ambani, Adani, Tata will move to Dubai if India imposes inheritance tax'

Rediff.com8 May 2024

'Sweden removed the inheritance tax because many of the rich were fleeing. For example, the owner of IKEA had migrated out of Sweden'

Modi attacking his 'friends': Cong on 'Ambani-Adani' reference

Modi attacking his 'friends': Cong on 'Ambani-Adani' reference

Rediff.com8 May 2024

Modi during an election rally in Telangana said the Congress should explain to people why it has stopped raising the 'Ambani-Adani' issue.

Did you get tempo loads of money to stop abusing Ambani-Adani, Modi asks Congress

Did you get tempo loads of money to stop abusing Ambani-Adani, Modi asks Congress

Rediff.com8 May 2024

'Ever since elections have been announced, these people (Congress) have stopped abusing Ambani-Adani'

Adani, Tata eye bigger pie in Mumbai power distribution

Adani, Tata eye bigger pie in Mumbai power distribution

Rediff.com6 May 2024

As Mumbai's real estate and electric vehicle penetration grows, two of the city's private power distribution companies, Adani Electricity and Tata Power, are eyeing a bigger business pie, particularly betting on high-value customers. Adani Electricity Mumbai (AEML), the subsidiary which houses Adani Energy Solutions' Mumbai distribution business, recorded a six per cent growth in total units sold in the financial year 2023-24 (FY24), the company's presentation shows. This gain came at over 13 per cent growth in the year-ago period.

Brokerages raise targets on RIL stock post Q4

Brokerages raise targets on RIL stock post Q4

Rediff.com1 May 2024

Shares of Mukesh Ambani-owned Reliance Industries Limited (RIL) rose nearly 1 per cent on Tuesday, hitting an intraday high of Rs 2,986.05 per share, after most brokerages reacted positively to the company's March quarter (Q4FY24) results. The bullish outlook stems from Reliance Jio's potential tariff hikes, given the competitive landscape, along with slow but steady improvement in the oil-to-chemical (O2C) vertical.

X user booked over deepfake video of Ranveer Singh

X user booked over deepfake video of Ranveer Singh

Rediff.com24 Apr 2024

Ranveer Singh never said this, and he does not have any relation with any political party, his father said in the complaint.

FIR lodged against handle promoting deepfake video of Ranveer Singh

FIR lodged against handle promoting deepfake video of Ranveer Singh

Rediff.com22 Apr 2024

According to the spokesperson, Singh has filed a police complaint and the FIR has been lodged for further investigation by the cyber crime cell.

The 9-Year-Old Girl Who Impressed Sachin, Mithali

The 9-Year-Old Girl Who Impressed Sachin, Mithali

Rediff.com18 Apr 2024

Nine-year-old Hurmat Irshad from Sopore has stunned the internet with her extraordinary batting skills.

What's Kareena Doing At The Wankhede?

What's Kareena Doing At The Wankhede?

Rediff.com15 Apr 2024

Look who turned up to watch the CSK-MI game on Sunday night.

What Did Kohli And The Ambanis Discuss?

What Did Kohli And The Ambanis Discuss?

Rediff.com12 Apr 2024

Cameras captured Kohli interacting with MI Owners Nita Ambani, her elder son Akash Ambani and Rohit Sharma, who succeeded him as India's Test captain.

'Bumrah either breaks my bat or breaks my foot in the nets'

'Bumrah either breaks my bat or breaks my foot in the nets'

Rediff.com12 Apr 2024

'I just try to play to the field and practice these shots and it is just muscle memory and I go out there and enjoy myself. The slice over point is the one that I enjoyed the most.'

Did DK Mishandle Kuldeep Yadav At KKR?

Did DK Mishandle Kuldeep Yadav At KKR?

Rediff.com10 Apr 2024

'There were tough conversations with him, and I don't think he would have appreciated them at that stage. But I had to be honest.'

'One man runs Congress and he is not Rahul or Kharge'

'One man runs Congress and he is not Rahul or Kharge'

Rediff.com5 Apr 2024

'Congress leaders who are making strategy for the Congress to win elections have not even won a class monitor elections.' 'When you have not contested school monitor elections, what will you know about the ground reality?'

Ambani beats Adani to remain India's richest; ranks 9th in global list

Ambani beats Adani to remain India's richest; ranks 9th in global list

Rediff.com3 Apr 2024

Oil-to-telecom conglomerate Reliance Industries Ltd head Mukesh Ambani continues to be the richest Indian and has now broken into the world's top 10 wealthiest persons in the latest Forbes 2024 Billionaire List. Ambani, 66, is ranked 9th on the list with a wealth of $116 billion, up from $83.4 billion in the 2023 ranking, according to Forbes. Gautam Adani is the second richest Indian and is ranked at No.17 on the global list.

Amitabh Bachchan Cheers MI

Amitabh Bachchan Cheers MI

Rediff.com2 Apr 2024

Also seen at the game were Ritika Sajdeh, who came to cheer husband Rohit Sharma, Anant Ambani and Radhika Merchant.

Ex-Mumbai cop Pradeep Sharma moves SC against conviction

Ex-Mumbai cop Pradeep Sharma moves SC against conviction

Rediff.com1 Apr 2024

Former Mumbai police officer Pradeep Sharma has moved the Supreme Court challenging the Bombay high court verdict convicting and sentencing him to life imprisonment in a 2006 fake encounter case.

Adani shrugs off Hindenburg effect, back to rapid expansion spree

Adani shrugs off Hindenburg effect, back to rapid expansion spree

Rediff.com31 Mar 2024

Adani group opened a $1.2 billion copper plant, bought a port in Odisha, raised stakes in a cement company and stitched an alliance with rival Mukesh Ambani's Reliance Industries, all in a matter of one week in signs that the apples-to-airport conglomerate has shrugged off the Hindenburg effect and is back to rapid expansion spree. In the last one week, Adani group has through regulatory filings and press statements announced expansions and investments in its mainstay ports business, diversification into metal refining, fund infusion into a two-year-old cement foray and continuing progress in the commissioning of its mega solar project.

What Was Saif Doing In A Royal Carriage?

What Was Saif Doing In A Royal Carriage?

Rediff.com30 Mar 2024

'I am lucky. To be born in that Pataudi house.'

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