OWNERSHIP BATTLE
Chandigarh: Not just a battle between parties this time, but culmination of decade-long anticipation for two candidates
Amidst the broader campaign themes of 'democracy in danger' versus '10 years of development', the Chandigarh election is also shaped by the individual personalities and backgrounds of the two candidates.
Kalanithi Maran to seek Rs 1,323 crore in damages from SpiceJet
According to the Sun group, as part of a share transfer agreement signed in 2015 when Ajay Singh took over SpiceJet, Maran and KAL Airways had paid SpiceJet Rs 679 crore for issuing warrants and preference shares. However, Maran alleged that the warrants and preference shares were not allotted, and initiated arbitration proceedings against SpiceJet and Singh.
Are retail investors winning the battle against FIIs? These 28 multibagger stocks show the trend
Retail investors outperform as 28 multibagger stocks show decreasing FII holding and increasing retail stake. Nilesh Shah shares stock ideas. Retail rebellion impacts various sectors. Potential for retail dominance in the market.
Battle of e-scooters for customers moves to India’s hinterland
The electric scooter segment in India is set for a fierce battle between legacy and new-age OEMs with the launch of Ather Energy's Rizta. Distribution and finance options in small towns and cities will determine the outcome. Legacy OEMs like TVS and Bajaj are expanding their networks, while new-age OEMs face challenges in rural areas due to financing limitations. Offering affordable solutions and innovative financing options could change market dynamics in favor of new-age OEMs.
Battle of crorepatis: Meet Noida's richest candidates in the electoral race
Mahesh Sharma of the BJP emerges as the wealthiest candidate, with his assets nearly doubling over the past five years. While Mahendra Nagar from the INDIA bloc and Rajendra Singh Solanki of the Bahujan Samaj Party (BSP) don't match Sharma's wealth, they still possess significant resources. Both Nagar and Solanki have declared assets valued at Rs 8.5 crore each in their sworn affidavits.
Here’s how Brad Pitt won the recent legal battle with Angelina Jolie regarding Chateau Miraval Winery
The ongoing legal dispute over the French winery, Chateau Miraval, between Hollywood icons Brad Pitt and Angelina Jolie has reached a pivotal moment with a notable victory for Pitt. Recent court documents disclose that a judge has ruled against Jolie's efforts to sell her business share to a competitor.
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This may be India’s most delicious legal battle! Two Delhi restaurants are at loggerheads over the ownership of Butter Chicken
Who was the creator of this ‘utterly butterfly’ delicacy? That age-old debate has now evolved into a full-fledged legal dispute!
Lakshadweep: Can it beat Maldives in the battle of tropical paradises?
Lakshadweep, a tropical archipelago located west of Kochi, has gained attention with Prime Minister Narendra Modi's visit and a viral snorkelling picture. With 36 islands, 10 open for tourism, Lakshadweep offers diverse beauty and activities. It distinguishes itself from the Maldives with larger islands, varying lagoon depths, and a low-key tourism policy. The upcoming Taj resorts in Suheli and Kadmat will further boost tourism.
Religare hits out against Dabur's Burmans as takeover battle gets murkier
Religare Enterprises has strongly responded to the Burman family's call for an investigation into the alleged allotment of an 8% share of Religare Finvest to REL Chairman Rashmi Saluja. Denying the claims, Religare Enterprises stated that the information shared by the Burmans is misleading. The company emphasized that such misinformation impacts shareholder value.
Ownership dispute at Hikal ends Baba Kalyani's 31-year board stint
Turning 75 on January 7, Baba needed support from 75% of Hikal's shareholders to remain on the board. However, he managed to secure only around 52% of the votes. About 48% of the shareholders who cast their votes were against his reappointment, as revealed in regulatory filings.
Hikal board: Baba Kalyani's birthday may bring not-so-happy gifts for the billionaire
Baba Kalyani's reappointment as a director at Hikal is uncertain due to an ownership dispute and his upcoming birthday. His sister, Sugandha Hiremath, who owns 35% of Hikal, is expected to vote against his reappointment. Baba's continuation on the board remains doubtful, which would end his 31-year association with the company.
Hermes heir plans to adopt 51-year-old gardener to transfer his $11 bn fortune
This unconventional move is part of the heir's effort to change his estate beneficiaries, representing 5-6 per cent ownership of the $220 billion-valued luxury fashion house.
How Microsoft goes around seeking unfettered ownership of artificial general intelligence
Microsoft, which already has a considerable ownership stake in OpenAI owing to its billion-dollar investment in the company, now aims to take full control of the momentum around artificial general intelligence (AGI).
Colombia's quest for a multi-billion-dollar sunken treasure amid legal dispute
Colombia faces a legal quagmire in its quest to recover the Spanish galleon San José, a sunken treasure valued at up to $20 billion. President Gustavo Petro aims to expedite the retrieval before his term ends in 2026, calling for a public-private partnership. The heart of the issue lies in determining the legitimate discoverer of the treasure. Glocca Morra (now Sea Search Armada) claims they found it in 1981, offering the coordinates to Colombia, while the government asserts it discovered the wreck in 2015, sparking a $10 billion legal battle.
Russian billionaire Vladimir Potanin challenges UK divorce laws in high court battle
Vladimir Potanin with an estimated net worth of $29.3 billion is contesting against the UK courts' perceived generosity in divorce cases, which lean toward an equal division of assets between spouses. This legal battle originates from a claim filed by Natalia Potanina, his ex-wife, which is estimated to be as high as $9 billion, according to her lawyers.
After child, Indian couples are most concerned about custody of pet dog or cat: Lawyers
Pet custody battles have become a contentious issue in India as relationships sour. Determining ownership of pets after a breakup has become similar to child custody battles, with the person who adopts the pet or serves as the primary caregiver having a stronger case. Prominent divorce lawyers highlight the increasing significance of pet custody in separations, with couples negotiating visitation rights, expenses, and decision-making responsibilities.
Sebi faces an uphill battle against ‘finfluencers’
If the Securities and Exchange Board of India had hoped that its action would produce a chilling effect across the country’s fast-growing horde of unregulated financial influencers, that didn’t happen.
Mauricio Pochettino warns Chelsea's big-money buys over selection battle
Chelsea have pursued a policy of awarding unusually long contracts under the ownership of Todd Boehly's Clearlake Capital consortium, with deals of between six and eight years commonplace at the club. Pochettino was asked how easy it would be to get rid of players on lengthy deals who are unwilling to work for their place in the side.
Actors vs AI: The battle for creative control — WGA and SAG-AFTRA seek strong AI regulations amidst strike
Actors are raising their voice against AI, calling it battle for creative control, demand strong regulations amid the ongoing strikes by the WGA and SAG-AFTRA.
Why the big Indian ecommerce battle rages despite no profits in sight
Over the past decade many venture-backed ecommerce startups have raised capital only to subsequently shut down, from Letsbuy and Urbantouch to Craftsvilla and Voonik. Others, such as Snapdeal and Shopclues, are also in the past, now. Amidst all this, let’s not forget the grand entry of the juggernaut that is Mukesh Ambani’s Reliance Industries. And the Tata group which has been making a push into the sector with Neu.
Mass migration from Twitter is likely to be an uphill battle - just ask ex-Tumblr users
The turmoil at Twitter is causing many of the company's users to consider leaving the platform. Research on previous social media platform migrations shows what might lie ahead for Twitter users who fly the coop.
Air India, IndiGo in a battle of on-time performance
IndiGo had on-time performance (OTP) as one of its branding strategies, but the biggest in business locally has now been beaten by a resurgent Air India under ownership of the Tata Group that identified OTP as a primary improvement goal. Over the past three months, Air India has consistently beaten IndiGo in the punctuality pecking order.
US wins case to seize Russian superyacht in Fiji, sails away
US won a case to seize Russia-owned superyacht in Fiji on Tuesday. The 106-metre (348-foot) -long vessel, about the length of a football field, features a live lobster tank, a hand-painted piano, a swimming pool and a large helipad. US sail away the $325 million vessel from the South Pacific nation without wasting any time.
What next for Chelsea after Boehly group wins battle to succeed Abramovich
The Boehly group, which includes fellow Dodgers co-owner Mark Walter, Swiss billionaire Hansjoerg Wyss and US investment firm Clearlake Capital have committed to a deal worth £4.25 billion ($5.2 billion), a record for a sports club.
BharatPe’s Grover resumes battle with Koladiya; Indian crypto suffers liquidity crunch
Grover also recently wrote to the board on the issue of Koladiya’s alleged stake in the firm, asking it to remove him from the company at once. If they didn’t, Grover said, he would ask the Reserve Bank Of India to revoke BharatPe's banking licence and scrap its application for a payment aggregator licence.
'The shops are gone': How Reliance stunned Amazon in battle for Future Retail
Reliance's takeover began with utmost stealth on the night of Feb. 25 when its staff began arriving at Future stores. Many in Future's management were in the dark about the plans as store employees from all over the country frantically began to call, according to people with direct knowledge of the matter.
A new battle brews over Bhavik Koladiya’s stake in BharatPe
Bhavik Koladiya, who became a consultant during the early days of BharatPe — a company which he started — is said to have split his holding in the company between the other two cofounders, Ashneer Grover and Shashvat Nakrani
Brad Pitt sues ex-wife Angelina Jolie, drags her to court for selling stake of French vineyard where they got married
Pitt sued Jolie for selling stakes of the winery without his consent.
Jack Dorsey- Marc Andreesen Twitter spat escalates over Web3 ownership
Andreessen blocked Dorsey from seeing or responding to his tweets, prompting another quip from Dorsey. “I’m officially banned from web3,” the Twitter co-founder joked.
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