Search results for ' Acquisition'

Why Not Reading Is As Dangerous As Climate Change

Why Not Reading Is As Dangerous As Climate Change

Rediff.com19 Jun 2025

'If learning to read changed our brain in a good way and we gained remarkable knowledge that we shared with each other then, by the same logic, won't lack of reading also change our brain? Won't it reduce the valuable knowledge we acquire and share with each other,' asks reading coach Reeta Ramamurthy Gupta on National Reading Day.

Why Bobby Deol Succeeded Where Zeenat Aman Didn't

Why Bobby Deol Succeeded Where Zeenat Aman Didn't

Rediff.com16 Jun 2025

Most actors usually face obscurity after a fade-out from the limelight.

'Pressure On Dollar May Continue In Near Term'

'Pressure On Dollar May Continue In Near Term'

Rediff.com12 Jun 2025

'Many global investors have been overweight on dollar assets, so some diversification or hedging is naturally expected.'

'Bharti AXA's First Goal Is To Achieve 3x Revenue'

'Bharti AXA's First Goal Is To Achieve 3x Revenue'

Rediff.com11 Jun 2025

'Our new business premium is around Rs 700 crore, which we want to take to Rs 2,000 crore.'

'India is a land of opportunities'

'India is a land of opportunities'

Rediff.com13 May 2025

'We've maintained that India is a high-penetration game. It's not only a premiumisation game.'

'Our goal is to make India 50% of overall biz'

'Our goal is to make India 50% of overall biz'

Rediff.com15 Jun 2025

'India is a very strategic geography. The business is growing over 37-38 per cent year-on-year.'

Illegal online betting growing fast in India

Illegal online betting growing fast in India

Rediff.com2 Jun 2025

Lacking basic safeguards and regulations, India is fast emerging as a hub for illegal online betting and gambling market, with the top 15 such unauthorised platforms logging an alarming over 5.4 billion visits in FY25, according to a report by public policy think-tank on consumer sovereignty.

Bajaj Auto's premium segment revival needs more than just a kickstart

Bajaj Auto's premium segment revival needs more than just a kickstart

Rediff.com9 Jun 2025

Bajaj Auto - the country's most valuable two-wheeler (2W) company by market capitalisation - met Street expectations in the January-March quarter (Q4) of 2024-25 (FY25) but still ended Friday as the worst performer on the Nifty 50, slipping 3.1 per cent.

Infosys Q4 profit falls 12% to Rs 7,033 cr; revenue rises to Rs 40,925 cr

Infosys Q4 profit falls 12% to Rs 7,033 cr; revenue rises to Rs 40,925 cr

Rediff.com17 Apr 2025

India's second-largest IT company Infosys on Thursday reported an 11.7 per cent decline in consolidated net profit to Rs 7,033 crore for the March quarter. It had posted a profit (attributable to owners of the company) of Rs 7,969 crore in the year-ago period.

Biryani finds its place on the valuation menu with rising investor appetite

Biryani finds its place on the valuation menu with rising investor appetite

Rediff.com22 Apr 2025

Biryani is set to get its own valuation. Devyani International, the largest franchisee of Kentucky Fried Chicken (KFC) quick-service restaurants (QSRs) in India, is considering the acquisition of Sky Gate Hospitality, which operates restaurants under the brand Biryani By Kilo (BBK), it said in a statement to BSE on Monday.

After Covid, management buyouts have seen an uptick

After Covid, management buyouts have seen an uptick

Rediff.com27 May 2025

There have been more instances of a management team buying out the owners of a company after the pandemic. There are eight such transactions, called management buyouts (MBOs), in the five years ending 2024, according to data from tracker LSEG shared with Business Standard.

Guess which sector can actually gain from US tariff war?

Guess which sector can actually gain from US tariff war?

Rediff.com23 Apr 2025

A Rs 23,000-crore production-linked incentive (PLI) scheme for electronic components may boost margins and enable a broader product mix.

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.'

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.

Aakash warns EY over conflict of interest in Byju's-AESL row

Aakash warns EY over conflict of interest in Byju's-AESL row

Rediff.com22 May 2025

Aakash Educational Services (AESL) has accused EY of conflict of interest and breach of professional conduct in its ongoing dispute involving Byju's. It has also asked EY to disclose all documents, information, or communication it was privy to, in relation to transactions involving AESL.

Weak guidance may hit Sun Pharma in FY26

Weak guidance may hit Sun Pharma in FY26

Rediff.com1 Jun 2025

Despite a healthy performance in the fourth quarter of 2024-25 (Q4FY25), the stock of India's largest listed pharma company, Sun Pharmaceutical Industries (Sun Pharma), was under pressure on Friday due to a muted guidance. The company has guided for a high single-digit revenue growth for FY26, which is below what the Street was working with.

SC scraps IBC buyout of Bhushan Power & Steel by JSW Steel

SC scraps IBC buyout of Bhushan Power & Steel by JSW Steel

Rediff.com3 May 2025

The Supreme Court on Friday declared JSW Steel Limited's resolution plan for Bhushan Power & Steel Limited (BPSL) "illegal" and ordered the latter's liquidation, four years after the company was acquired by JSW Steel under the Insolvency and Bankruptcy Code (IBC). Following the ruling, JSW Steel shares fell sharply.

'Illegal Gambling Sites Are National Security Threat'

'Illegal Gambling Sites Are National Security Threat'

Rediff.com2 Jun 2025

'Illegal gambling operators are systematically exploiting India's advertising and payment infrastructure, siphoning off crores of rupees from outside the country.'

The side effects are real, but Sun Pharma stays on its feet

The side effects are real, but Sun Pharma stays on its feet

Rediff.com21 Apr 2025

After falling 17 per cent since the start of the year to its March lows, the stock of the country's largest pharmaceutical (pharma) company, Sun Pharmaceutical Industries, has clawed back nearly half of those losses. Recent acquisitions, a favourable court ruling in the case of the hair loss drug Leqselvi, an edge over peers owing to its specialty portfolio, and a diversified global presence have supported the recovery.

Flipkart CEO Krishnamurthy signals strong growth amid India IPO plans

Flipkart CEO Krishnamurthy signals strong growth amid India IPO plans

Rediff.com27 May 2025

Flipkart Group Chief Executive Kalyan Krishnamurthy on Monday said the firm was advancing preparations for a potential initial public offering (IPO) in India, which included shifting its holding company to India from Singapore. Speaking at an internal town hall, Krishnamurthy said the company's leadership structure is strengthening and that the steps toward relocating Flipkart's legal base to India are progressing as planned, according to people familiar with the matter.

Presumption of constitutionality in favour of Waqf law, says SC

Presumption of constitutionality in favour of Waqf law, says SC

Rediff.com20 May 2025

Underscoring the 'presumption of constitutionality in favour of law', the Supreme Court on Tuesday said petitioners challenging the waqf law needed a 'strong and glaring' case for interim relief.

Dates set for Nashik-Trimbakeshwar Simhastha Kumbh Mela 2026

Dates set for Nashik-Trimbakeshwar Simhastha Kumbh Mela 2026

Rediff.com1 Jun 2025

The flag will be taken down on July 24, 2028, which will mark the conclusion of the Simhastha Kumbh Mela, which is held once in 12 years.

Mutual Funds Emerge As Financiers For M&A Deals

Mutual Funds Emerge As Financiers For M&A Deals

Rediff.com6 Feb 2025

'Growth for some companies has been hard to come by and this is a smart way to get there.'

IPL 2025: How smart auction strategy sparked RCB's dream run

IPL 2025: How smart auction strategy sparked RCB's dream run

Rediff.com31 May 2025

The appointment of Mo Bobat and Andy Flower and Dinesh Karthik into the coaching staff changed the template, and it reflected in RCB's approach in the auction room in 2024.

Bhushan Steel Case: Urgent Need For IBC Reforms

Bhushan Steel Case: Urgent Need For IBC Reforms

Rediff.com29 May 2025

The Supreme Court's ruling in the BPSL case exposes deep flaws in the IBC's institutional framework and raises concern about judicial overreach, notes Rajeswari Sengupta.

5 Reasons For RCB's Dream Run

5 Reasons For RCB's Dream Run

Rediff.com30 May 2025

RCB's success so far in IPL 2025 hasn't just rested on Kohli and Hazlewood.

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.

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.

India, France ink Rs 63,000 cr deal for 26 Rafale M fighters

India, France ink Rs 63,000 cr deal for 26 Rafale M fighters

Rediff.com28 Apr 2025

The sealing of the mega deal came three weeks after the Cabinet Committee on Security (CCS) headed by Prime Minister Narendra Modi cleared the procurement.

Margin pressures, growth triggers to weigh on Dr Reddy's

Margin pressures, growth triggers to weigh on Dr Reddy's

Rediff.com21 May 2025

Pharma major Dr Reddy's Laboratories delivered a muted operational performance in the fourth quarter of financial year 2024-25 (Q4FY25), even as revenue growth remained healthy. Lower gross margin performance and muted domestic growth are key concerns. Most brokerages have a "Sell" or "Reduce" rating as there are uncertainties related to the development of a new product portfolio and the launch timelines.

SC judges to make assets public on assuming office

SC judges to make assets public on assuming office

Rediff.com3 Apr 2025

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

India Set For Rs 32 Trillion Defence Budget... In 2047

India Set For Rs 32 Trillion Defence Budget... In 2047

Rediff.com2 Jun 2025

'Make-in-India played a key role in India's effective action against terrorism during Operation Sindoor.'

When A Junior Co-Worker Earns More Money Than You...

When A Junior Co-Worker Earns More Money Than You...

Rediff.com28 Apr 2025

rediffGURU Shekhar Kumar, senior manager, talent acquisition, at the Shri Venkateshwara University in Gajraula, Uttar Pradesh, offers career advice on how to optimise your skills, build your network and make the most of your workplace.

HUL Q4 net profit down 3.3% to Rs 2,475 cr

HUL Q4 net profit down 3.3% to Rs 2,475 cr

Rediff.com24 Apr 2025

FMCG major Hindustan Unilever Ltd (HUL) on Thursday reported a decline of 3.35 per cent in its consolidated net profit at Rs 2,475 crore for the fourth quarter ended March 31, 2025.

Sun Pharma Q4 profit down 19% at Rs 2,149.8 cr, revenue up 8%

Sun Pharma Q4 profit down 19% at Rs 2,149.8 cr, revenue up 8%

Rediff.com23 May 2025

India's largest drug maker Sun Pharmaceutical on Thursday posted a decline of 19 per cent year-on-year (Y-o-Y) for its consolidated net profit for the fourth quarter of the financial year 2025 (Q4FY25) at Rs 2,149.8 crore. Meanwhile, its revenue from operations rose by 8 per cent at Rs 12,958.8 crore.

Tesla's EVs to start rolling out of Satara in Maharashtra?

Tesla's EVs to start rolling out of Satara in Maharashtra?

Rediff.com19 May 2025

The US carmaker's entry into India is expected by the last quarter of the current financial year.

'No project completed on time', IAF chief uses Salman Khan's dialogue

'No project completed on time', IAF chief uses Salman Khan's dialogue

Rediff.com29 May 2025

Chief of Air Staff Air Chief Marshal A P Singh on Thursday flagged serious concerns over inordinate delays in various defence acquisition projects and failure to stick to delivery schedules for supply of key platforms even as he hailed Operation Sindoor as a 'national victory'.

How To Cope With Rising Rents

How To Cope With Rising Rents

Rediff.com12 May 2025

'Always ensure that lease terms are clearly written in the agreement, including rent escalation clauses and notice periods.'

No More ITR-2 for LTCG Up To 1.25 Lakh

No More ITR-2 for LTCG Up To 1.25 Lakh

Rediff.com2 May 2025

Until now, salaried individuals having income under the head LTCG were required to file Form ITR-2.

Mega Rs 64,000 cr deal for 26 Rafale-M jets cleared by govt

Mega Rs 64,000 cr deal for 26 Rafale-M jets cleared by govt

Rediff.com9 Apr 2025

The mega procurement project has been approved by the Cabinet Committee on Security chaired by Prime Minister Narendra Modi, they said.