NEW DELHI: Rebutting Rahul Gandhi’s charge that Anil Ambani is a crony capitalist, Reliance Group Sunday said the group got over Rs 1 lakh crore of contracts during the UPA rule and the Congress president is continuing his campaign of “calumny, disinformation, distortion and malicious lies”. The Reliance Group, reacting to Gandhi’s recent media statements, […]
NEW DELHI: Prime Minister Narendra Modi on Saturday accused the Samajwadi Party of going soft on the Congress, implying a rift in the SP-BSP opposition alliance against the BJP in Uttar Pradesh and took a jibe at former prime minister Rajiv Gandhi. Accusing the Congress and its president of attempting to tarnish his image over […]
NEW DELHI: Homegrown FMCG major Dabur India Ltd on Thursday reported a fall of 6.46 per cent in consolidated net profit to Rs 371.49 crore for the fourth quarter ended March 2019. The company had posted a net profit of Rs 397.18 crore in the January-March quarter a year ago, Dabur India said in a […]
NEW DELHI: Forensic auditors on Thursday told the Supreme Court that Rs 9,590 crore could be recovered from the embattled Amrapali group, which had diverted Rs 3,523 crore of home buyers’ money. Of the money diverted, as much as Rs 455 crore could be recovered from persons, including directors of the realty firm, their family […]
NEW DELHI: A 41-year-old Indian-origin Japanese, who goes by the nickname “Yogi”, has been elected to Tokyo’s Edogawa Ward assembly, becoming the first Indian to win an election in Japan. Yogendra Puranik, a naturalised Japanese, secured 6,477 votes, the fifth highest of the 2,26,561 valid ballots cast, in the April 21 poll, part of unified […]
NEW DELHI: Telecom Disputes Settlement and Appellate Tribunal (TDSAT) on Thursday granted partial stay on Rs 8,300 crore demand raised by the telecom department from Bharti Airtel for approving its merger with Tata Teleservices. The TDSAT has directed “the concerned authorities of the Union of India to take the merger of two companies and licence […]
NEW DELHI: Bombay Dyeing & Manufacturing Co Ltd on Thursday reported a standalone net profit of Rs 1,253.33 crore for the fourth quarter ended March 2019 led by its real estate activities. The company had posted a net profit of Rs 10.95 crore in the January-March period a year ago, Bombay Dyeing said in a […]
NEW DELHI: Air India has cautioned its employees of “appropriate action” if they interact with the media without prior authorisation in writing from the airline chief, according to a communication. In the communication dated April 30, the airline said there have been instances where employees have interacted with the media or posted videos in uniform […]
NEW DELHI: Forensic auditors on Thursday told the Supreme Court that Rs 9,590 crore could be recovered from the embattled Amrapali group, which had diverted Rs 3,523 crore of home buyers’ money. Of the money diverted, as much as Rs 455 crore could be recovered from persons, including directors of the realty firm, their family […]
NEW DELHI: Distressed homebuyers of debt-ridden Jaypee Infratech on Thursday demanded that state-owned NBCC’s bid to acquire the realty firm should be reconsidered as they do not have any faith in private companies. Representatives of nine homebuyers’ associations of Jaypee Infratech’s housing projects in Noida, Uttar Pradesh, said that Jaypee group promoters are interfering in […]
NEW DELHI:“We cannot give capital punishment for corruption,” a peeved Supreme Court said Wednesday while referring to the “misconduct” of realtors in cheating lakhs of people across the country. The top court said builders, in connivance with authorities and banks, have flouted norms and constructed sky scrappers side by side across India. It pulled up […]
NEW DELHI: Sugar output in India has reached 32.11 million tonnes in the first seven months of the ongoing marketing year that started October 2018, and the total production could touch a new record of 33 million tonnes, the industry body ISMA said on Friday. Much of the sugar has already been manufactured and only […]
NEW DELHI: Embassy Office Parks, which recently launched India’s first real estate investment trust (REIT), Friday said it will raise Rs 3,000 crore through the allotment of debentures on a private placement basis. Embassy Office Parks, a joint venture between global investment firm Blackstone and realty firm Embassy Group, had raised Rs 4,750 crore through […]
ISLAMABAD: Pakistan has issued an official order to freeze the assets and impose travel ban on Jaish-e-Mohammed chief Masood Azhar after the United Nations declared him a “global terrorist”. In a notification issued Wednesday, the foreign ministry said, “the Federal Government is pleased to order that the Resolution 2368 (2017) be fully implemented” against Azhar. […]
By PR Sanjai and Anto Antony NEW DELHI: The last stronghold in embattled tycoon Anil Ambani’s phone carrier-to-power empire is also developing fault lines. Reliance Capital Ltd., his financial services business that almost doubled its profit in five years, had largely remained insulated from the distress plaguing the wider conglomerate. Now, the company that controls India’s […]
KOLKATA: All flights to and from Bhubaneswar have been cancelled for 24 hours starting midnight of 3 May in view of the impending severe cyclonic storm ‘Fani’ threat over the Bay of Bengal, Directorate General of Civil Aviation (DGCA) said on Thursday. The regulatory body for civil aviation issued an advance order to cancel all […]
