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Sahil Shukla and Muskan Rastogi BAREILLY: After facing months of social boycott, including during festivals, the family of Muskan Rastogi, the prime accused in Meerut’s ‘blue drum murder case’ that hit national headlines in March, purportedly pasted a ‘house for sale’ notice on their residence and now plans to leave the city where they lived…
B9 Beverages, the debt ridden bear maker, may soon clear pending salaries and provident fund dues as the company moves to sell one of its assets. Bira 91 founder Ankur Jain has informed employees that the planned sale is aimed at raising “immediate cash” to address these obligations, according to ET.The proposed move, however, has…
PUNE: A major political row erupted in Maharashtra on Thursday over alleged transfer of a 40-acre ‘Mahar Watan’ land belonging to the state in Pune’s Mundhwa area for Rs 300 crore in favour of Amadea Enterprises LLP, a company in which deputy CM Ajit Pawar’s son Parth is one of two partners, prompting Mahayuti government…
MUMBAI: State Bank of India (SBI) reported a 10% rise in standalone net profit for the quarter ended Sept, aided by a one-time gain from the sale of its stake in Yes Bank and steady loan growth. During the quarter the bank’s total business crossed the Rs 100 lakh crore-mark. The bank’s standalone net profit…
A sharp slowdown in its biggest market has pushed Yum Brands to review its ownership of Pizza Hut, signalling the fast-food giant may be open to selling the struggling pizza chain, AP reported.Chief Executive Officer Chris Turner said the company has begun a formal review of strategic options for Pizza Hut, which remains profitable in…
AI-generated image for representational purposes NEW DELHI: A decades-old family dispute over a Delhi house near Balmiki Gate recently closed in the Supreme Court, with a verdict that reaffirms a long-standing legal principle — only a registered sale deed can transfer ownership of immovable property, not a Will which isn’t legally proven, General Power of…
The government is planning to sell a stake worth $1–1.5 billion (Rs 8,800–13,200 crore) in Life Insurance Corporation of India (LIC) by the end of this year, people aware of the discussions told ET. The move is aimed at increasing the insurer’s public shareholding to 10% — the level required under Securities and Exchange Board…
MUMBAI: Markets regulator Sebi has barred mutual funds (MFs) from investing in companies which are in their pre-IPO stage. However, this ban won’t apply to fund houses investing through the anchor investment route, which is reserved for qualified investors only and is done a day before the IPO opens to all investors.The regulator’s logic behind…
Mel Gibson’s project ‘The Resurrection of the Christ’ has a jaw-dropping production cost, as the film will be released in two parts. However, the films will reportedly go on sale at next month’s American Film Market – without any reference to the script. With such a rare incentive for an independent film, the bidders would…
India’s online shopping patterns are gradually becoming less dependent on the festive season, though mobiles and electronics continue to drive the September-October sales surge, according to a report by consulting firm Redseer. As per news agency PTI, the study notes that while the overall online retail sector is moving towards a more balanced, year-round demand…
