Latest news with #Kohinoor
Time of India
2 days ago
- Business
- Time of India
FMCG exit: Adani to get Rs 11,000cr for 30% JV stake
File photo MUMBAI: Adani Enterprises will divest its remaining 30.4% stake in AWL Agri Business to Wilmar International of Singapore and institutional investors for an estimated Rs 11,080 crore, marking its complete exit from one of its earliest business ventures established at the turn of the new millennium. Earlier in Jan, it divested about a 14% stake in AWL Agri Business (previously Adani Wilmar) for Rs 4,856 crore through the offer for sale (OFS) route, signalling its withdrawal from non-core infrastructure operations. The Ahmedabad-based Adani Group already disposed of its interests in Adani Capital, Adani Housing, and the Myanmar port project. On Thursday, AWL announced that Wilmar will buy Adani Enterprises' 20% stake in the Fortune edible oil and Kohinoor basmati rice maker for Rs 7,148 crore, raising its ownership to around 64% from the current 45%. Additionally, institutional investors will buy Adani Enterprises' remaining 10.42% stake for an estimated Rs 3,934 crore in a separate transaction. The share transfer price is set at Rs 275 per share for both Wilmar and institutional investors, compared to the Jan OFS price of Rs 276.5. During Thursday's trading, AWL shares on BSE rallied by over 8% to Rs 284 intraday, closing at Rs 278, up 6.1%. Following the completion of these transactions, subject to Wilmar securing anti-trust approvals, AWL will cease to be an associate company of Adani Enterprises. Adani Enterprises, the group's flagship company, intends to utilise the proceeds from the AWL divestment in airports, green hydrogen, roads, and copper operations, where it identifies significant growth potential. The company previously said that airports, rather than FMCG, will emerge as a 'full-blown consumer story'. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Daily Record
10-07-2025
- Business
- Daily Record
Popular Ayrshire restaurant opens second outlet in Kilmarnock
Kohinoor Kilmarnock officially opened its doors to customers this week bringing the traditional Indian cuisine to the town. A popular Ayrshire restaurant has expanded its offering after opening a second outlet this week. The team behind the award-winning Kohinoor in Largs have been working behind the scenes on a new restaurant and takeaway in Kilmarnock which officially opened its doors on Tuesday. Customers were given the chance to sample their traditional Indian cuisine ahead of the opening through the takeaway service which began last week. A slight delay in obtaining a bar licence meant the restaurant opened a littler later than hoped and, until today, Thursday, it will be operating a bring your own bottle policy until full service can begin. Based on Titchfield Street in the town centre, the new venue will offer much the same quality food that their Largs regulars have become accustom to. The frim has taken over the former Dragon Royale which moved to their new La Dragon home on St Marnock Place a number of years ago. Following Dragon Royale moving out, the venue was left empty for years before briefly becoming the Shere Khan restaurant. Updating customers ahead of the opening, the team behind Kohinoor said: "Firstly, we want to say a big thank you to all of you for your amazing support and patience. We know many of you are excited and eagerly waiting for us to open for sit-in dining, and we truly appreciate it. "We believe in being transparent with our valued customers, so we wanted to let you know the reason for the delay — we are currently waiting for our bar licence to come through. This is the final step, and as soon as it's approved, we'll be ready to welcome you for full sit-in service. "To everyone who entered our Opening Night Competition — thank you for the incredible engagement. We're running it for just a little while longer and winners will be selected very soon. Keep an eye on your messages for details and instructions. "Once again, we appreciate your continued support, and we look forward to seeing many of you this week."
Time of India
07-07-2025
- Entertainment
- Time of India
When Dilip Kumar kept Saira Banu on her toes, the actress shared fond memories
On July 7, the fourth anniversary of Dilip Kumar 's passing, Saira Banu delighted everyone by taking to social media. She explained that it was to express gratitude to all of the admirers and well-wishers for their affection for the late, great actor. "I am writing this note on the 7th of July to express my gratitude to the overwhelming multitude of caring well-wishers and dearest friends from all over the world who have so tremendously swept me off my feet till today with their everlasting remembrance, love, and respect for my Kohinoor, Dilip Kumar Sahib," Saira had written. From that time, Saira began recalling Dilip Kumar and sharing some touching stories about him. On that day, she shared a heartwarming photo of the two. Saira was seen wearing a pink kurta, while Kumar was dressed in a grey suit and tie. The actress said, Get set... ready and GO...!! Our lives were full of action... Sahib being the philanthropist and endearing person that he always was for all mankind, we were constantly going out to attend functions and get-togethers for the benefit of the needy, such as The National Association for the Blind. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Acer TravelLite Laptop Your AI assistant at work acer Book Now Undo .. the Physically Handicapped... the War Widows, etc. He kept me on my toes and would be ready in a jiffy... I had to keep running to keep pace with him... If I were late, I could hear the car horn downstairs screaming away to get me going! Will in the future share his forays into shopping with me..." The actress said she would be sharing memories of shopping with him, leaving fans eager to see what would happen eagerly awaited what she would share next. Despite being 22 years apart in age, Dilip Kumar and Saira Banu were married in 1966. As a 12-year-old fan, she was introduced to "The Tragedy King," as he was affectionately known; her mother, Naseem Banu, was also an actress. Due to Saira's tragic miscarriage, the couple never had children.
Time of India
06-07-2025
- Time of India
10 places across the world where most expensive precious stones are found
If the discussion of the Kohinoor diamond always made you curious, or if you keep checking how the gold prices keep soaring, you know you have a knack for gem stones. You would want to know more about other precious stones that are known for their glitter and worth. And it's interesting to note that the world is dotted with glittering corners where the Earth hides its shiniest secrets and they don't come cheap. From emerald-rich Colombian mines to the diamond depths of South Africa, these places are basically some of the best places that are honoured with these dem stones. Whether you're a gem geek, treasure hunter, or just here for the sparkle, here are 10 dazzling destinations across the globe where you get to see the rarest and the precious gems. Mogok, Myanmar – Rubies Canva Nicknamed the 'Valley of Rubies,' Mogok is known to have produced some of the world's finest pigeon-blood rubies, which are deep red-colored stones with a hint of blue. These rubies are not just rare, they're among the most expensive gems on the planet, which can fetch more than $1 million per carat in auctions. Golconda, India – Diamonds Before Africa took over as the diamond capital, Golconda was where these precious stones were mined. This ancient region produced iconic diamonds like the Koh-i-Noor and the Hope Diamond. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo Golconda diamonds are revered for their size and near-flawless clarity. Colombia – Emeralds canva Colombian emeralds are the most sought-after in the world, and some of the reasons include rich green hue and excellent transparency. The Muzo, Coscuez, and Chivor mines are especially famous and have been producing emeralds for over 500 years. Sri Lanka – Sapphires The 'Gem Island' of Sri Lanka, particularly the Ratnapura region, yields high-quality sapphires in a range of colours, though the blue variety is most famous. The Ceylon sapphire's brilliance has reportedly adorned royalty for centuries. Read more: O-1 Visa vs H-1B Visa: What's the difference between the two Tanzania – Tanzanite Tanzanite is found only in one place on Earth, a small stretch of land in northern Tanzania. Nestled in the Mererani Hills of the Simanjiro District in the Manyara Region, the mining zone spans just about 7 kilometers in length and 2 kilometers in width. This rare gemstone was first discovered in 1967, near the foothills of the majestic Mount Kilimanjaro. The mines at Mererani are the only known source, and due to its limited supply, Tanzanite's value has risen dramatically in recent years. Australia – Opals canva Coober Pedy and Lightning Ridge in Australia are considered the opal capitals of the world. Black opals from Lightning Ridge are particularly prised for their play-of-color and rarity, which are sometimes priced at over $10,000 per carat. Russia – Alexandrite Mined in the Ural Mountains, Alexandrite is famous for its color-changing properties—green in daylight and reddish-purple under incandescent light. High-quality Russian alexandrites are extremely rare and expensive. Brazil – Paraíba Tourmaline Paraiba Tourmaline is a stunning gemstone celebrated for its electric blue-green glow and extraordinary rarity. What sets it apart is its vibrant color, owed to traces of copper, a feature rarely seen in other tourmalines. First discovered in Brazil's Paraíba state, it's as rare as it is radiant. Whether dazzling in a ring or lounging raw in a collector's case, no wonder gem lovers worldwide are obsessed. Read more: 5 must-visit ancient sites in India that are older than the Pyramids Madagascar – Various gemstones A gem-hunter's paradise, Madagascar offers sapphires, rubies, garnets, and more. Ilakaka, once a sleepy town, became a gemstone hotspot in the late 1990s and continues to be a major global source. Afghanistan – Lapis Lazuli The Badakhshan region has been mining lapis lazuli for over 6,000 years. While not a precious gem in the traditional sense, top-grade lapis is extremely valuable and was once considered more prized than gold.
Time of India
04-07-2025
- General
- Time of India
Woman farm labour stumbles upon 15 carat diamond in Kurnool dist
Tirupati: Dame luck smiled on a woman worker when she stumbled upon a 15-carat diamond while working in a farmland at Pendegallu village, under Tuggali mandal in Kurnool district of Andhra Pradesh, earlier this week. Though a local trader is said to have offered her Rs 10 lakh for the diamond, the woman refused to sell it, and is expecting a better price. Further details about the woman and the nature of the diamond are not known. As in the past, the villagers have kept the details a secret. Almost every monsoon season heralds discovery of diamonds or precious and semi-precious stones along river Krishna and its tributaries, particularly at the confluence. Historically, Krishna river and to some extent, the Penna, have been known to produce high quality diamonds, popularly known in history as Golconda diamonds, so called because the region between these two rivers and beyond was controlled by the Golconda rulers — Qutub Shahis. The Kohinoor is also believed to have been mined in river Krishna at Paritala near Vijayawada. There is heavy rush of people to several sleepy and remote villages in Kurnool district in search of diamonds every monsoon. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trending in in 2025: Local network access control [Click Here] Esseps Learn More Undo The rush starts with the pre-monsoon showers and gradually diminishes as the season progresses. The lucky ones may find a few precious or semi-precious stones, while one or two searchers may end up finding diamonds. Besides those in Kurnool, people from Anantapur too try their luck. Diamond searchers from states like Telangana, Karnataka, and Maharashtra too land up at villages like Jonnagiri, Tuggali, Maddikera, Pagidrayi, and Mahanandi in search of diamonds which 'miraculously' pop up out of the barren land, once the rain washes away the top soil. "As people from various places suddenly land up in our villages for the diamond hunt, local farmers often find them a hindrance to carry on their farming activities smoothly. Several farmers at these villages have put up boards, warning strangers not to enter their farmlands," says Ranganna, a local farmer at Jonnagiri. Locals say there have been instances in the past when people have found diamonds worth anywhere between Rs 20 lakh and Rs 2 crore. This year too, after a brief spell of rain, an unidentified woman and a man were lucky as they reportedly unearthed three tiny diamonds, which fetched them around Rs 20 lakh each. Diamond hunters also get lucky by unearthing diamonds worth Rs 3-4 crore in Maddikera, Tuggali, Jonnagiri, Mahanandi and other places every year. Diamond and gold merchants also camp in the diamond-bearing villages during the monsoon season to buy diamonds from locals.
