While the Bansals had bought Myntra for $300 million in May 2014 to go strong in fashion, they have acquired German investor Rocket Internet-backed Jabong for $70 million to stamp out competition in the high-margin fashion space. More than two years after Flipkart founders Sachin Bansal and Binny Bansal had announced acquisition of fashion portal Myntra at a high-street restaurant in Bengaluru, the action shifted to New Delhi’s Connaught Place for a similar deal on Monday ... Rediff.com, 4 weeks ago
'Here was a man (Rao) with no charisma. His party hated him. He ran a minority government in Parliament. For a man like that, to bring about the kind of transformation he did, there is no parallel in world history. There is no other reformer in the world who has achieved this much with so little.' 'Rao was capable of changing his mind very quickly.' As India approaches the 25th anniversary of the reforms initiated by the Congress government in 1991, political scientist Vinay Sitapati, bottom, ...Rediff.com, 1 month ago
IMAGE: Switzerland's Roger Federer waves as he walks off court after losing his match against Canada's Milos Raonic. Photograph: tefan Wermuth/Reuters. World No.3 Roger Federer was knocked out of Wimbledon semifinal by sixth seeded Milos Raonic. The 17-time Grand Slam winner Federer, who last won a major title way back at 2012 Wimbledon, missed out on a golden chance to claim his record eight title at the SW19 with nemesis and world No.1 Novak Djokovic also ousted in the earlier round.Rediff.com, 1 month ago
The top posts on social media from your favourite Bollywood celebrities: After Karisma Kapoor, Diana Penty, Sussanne Khan, and Sonam Kapoor, Malaika Arora Khan attended British rock band Coldplay’s concert in Europe. She shared a picture, above, and wrote: ‘Berlin ..... #Coldplay #up n up #tonite.’ ‘#Berlin #coldplay......Wat a night!!!!,’ she added with more pictures. *** Did Shirish Kunder's Kriti copied? Shirish Kunder's Kriti is embroiled in a ...Rediff.com, 1 month ago
Prohibitory orders have been clamped and security stepped up in Bishada village in the wake of a proposed maha panchyat on Monday over the demand for the registration of an FIR against Mohammad Akhlaq’s family for alleged cow slaughter nine months after he was lynched over rumour that his family had eaten beef. District Magistrate of Gautam Budh Nagar NP Singh has clamped Section 144 CrPC and issued prohibitory orders banning gathering of five or more persons in the district after ...Rediff.com, 2 months ago
The stage is for a contest in the June 11 Rajya Sabha elections in Uttar Pradesh, Karnataka, Rajasthan, Madhya Pradesh and Haryana even as union ministers Piyush Goyal and Suresh Prabhu, senior Congress leader P Chidambaram, Janata Dal-United leader Sharad Yadav and all six nominees of All India Anna Dravida Munnetra Kazhagam and Dravida Munnetra Kazhagam in Tamil Nadu were elected unopposed. IMAGE: Former Union minister and senior Congress leader P Chidambaram was elected unopposed from ...Rediff.com, 2 months ago Chidambaram, MJ Akbar, Prabhu in the fray for RS nominations Rediff.com, 2 months ago BJP fields Prabhu from AP, Akbar, Sahasrabuddhe also on RS list Rediff.com, 2 months ago
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