Search results for 'assets'

Court orders confiscation of arms consultant Sanjay Bhandari's assets

Court orders confiscation of arms consultant Sanjay Bhandari's assets

Rediff.com6 May 2026

A Delhi court has ordered the confiscation of several properties belonging to UK-based arms consultant Sanjay Bhandari under the Fugitive Economic Offenders Act, following his declaration as a fugitive in a money laundering case.

Enforcement Directorate Attaches 270 Crore in Assets Linked to Rajendra Lodha

Enforcement Directorate Attaches 270 Crore in Assets Linked to Rajendra Lodha

Rediff.com30 Mar 2026

The Enforcement Directorate (ED) has attached land parcels and other immovable assets worth over 270 crore as part of its money laundering investigation against Rajendra Lodha, former director of Lodha Developers.

Indian Investors Boost Paytm Stake To Over 51%

Indian Investors Boost Paytm Stake To Over 51%

Rediff.com15 Jul 2026

Paytm's parent company, One 97 Communications Ltd, has seen its domestic ownership increase to 51.6% in Q1 FY27, solidifying its status as an Indian-Owned and Controlled Company. This rise is driven by increased investments from mutual funds and insurance companies, reflecting growing investor confidence following Paytm's first full-year profit in FY26 and improved operating performance.

Indian Investors Boost Paytm Stake To Over 51%

Indian Investors Boost Paytm Stake To Over 51%

Rediff.com15 Jul 2026

Paytm's parent company, One 97 Communications Ltd, has seen its domestic ownership increase to 51.6% in Q1 FY27, solidifying its status as an Indian-Owned and Controlled Company. This rise is driven by increased investments from mutual funds and insurance companies, reflecting growing investor confidence following Paytm's first full-year profit in FY26 and improved operating performance.

Amid fiscal worries, govt puts PSU share sales on fast track

Amid fiscal worries, govt puts PSU share sales on fast track

Rediff.com2 Jul 2026

The Indian government is accelerating its sale of minority stakes in state-owned companies, including a significant offer for sale (OFS) in Life Insurance Corporation of India (LIC) expected "very soon," to meet its 80,000 crore mobilisation target and reduce its holdings to 75 per cent in most listed PSUs by year-end.

Ranbir Kapoor Buys Land At *This* Price

Ranbir Kapoor Buys Land At *This* Price

Rediff.com14 Jul 2026

Ranbir Kapoor has made a significant investment, purchasing 25.7 acres of land in Pune's scenic Mulshi taluka for over Rs 16.42 crore (Rs 164.2 million), underscoring a growing trend among celebrities to favour land banking for long-term real estate appreciation and development potential.

Wife of Ex-Income Tax Officer Sentenced in Disproportionate Assets Case

Wife of Ex-Income Tax Officer Sentenced in Disproportionate Assets Case

Rediff.com30 Mar 2026

An Ahmedabad court has convicted the wife of a former Income Tax Officer in a disproportionate assets case dating back nearly two decades. The husband, also an accused, died during the trial.

Q1 PSU Stake Sales Beat FY26 Divestment Total

Q1 PSU Stake Sales Beat FY26 Divestment Total

Rediff.com3 Jul 2026

Divestment has emerged as a priority for the government following a moderation in direct tax collections.

Ram temple theft: 'Important documents' found in accused's house

Ram temple theft: 'Important documents' found in accused's house

Rediff.com15 Jul 2026

The police sealed the room in the rented house of the accused. The police have taken the DVR of the CCTV camera installed at Mishra's rented house into their custody, official sources said.

TMC's Jyotipriya Mallick Discloses Assets Worth Over Rs 1.97 Crore in Election Affidavit

TMC's Jyotipriya Mallick Discloses Assets Worth Over Rs 1.97 Crore in Election Affidavit

Rediff.com7 Apr 2026

TMC candidate Jyotipriya Mallick, embroiled in a ration distribution scam case, declares assets worth over Rs 1.97 crore in his election affidavit, including details of his income, properties, and investments.

CAG flags Rs 3,541 crore excess spend in Ladki Bahin scheme

CAG flags Rs 3,541 crore excess spend in Ladki Bahin scheme

Rediff.com13 Jul 2026

The Comptroller and Auditor General (CAG) has identified significant financial irregularities in the Maharashtra government's flagship Ladki Bahin scheme, including an excess expenditure of Rs 3,541.16 crore and the parking of Rs 15,586 crore in Virtual Personal Deposit Accounts (VPDAs) without immediate need. The report highlights deficiencies in budget estimation and financial management, recommending realistic fund assessments and strict adherence to expenditure needs.

Somanath Joins Agnikul Ahead Of Mission 02

Somanath Joins Agnikul Ahead Of Mission 02

Rediff.com18 Jul 2026

The appointment comes as Agnikul prepares for Mission 02, a flight that will attempt, for the first time on Indian soil, the recovery of an orbital-class rocket booster and the extension of a rocket's upper stage into an on-orbit platform.

Private Banks Stocks Outshine PSU Peers In FY27

Private Banks Stocks Outshine PSU Peers In FY27

Rediff.com15 Jul 2026

'Banking is the only sector that can see double-digit growth in FY27.'

Byju Raveendran Faces Singapore Jail Sentence

Byju Raveendran Faces Singapore Jail Sentence

Rediff.com15 Jul 2026

'The order has no practical effect unless and until he chooses to enter Singapore.'

High Court Greenlights Inquiry into Ex-Pune Official's Alleged Disproportionate Assets

High Court Greenlights Inquiry into Ex-Pune Official's Alleged Disproportionate Assets

Rediff.com5 Apr 2026

The Bombay High Court has overturned orders that blocked an open inquiry into a former Pune municipal official's alleged disproportionate assets, paving the way for a probe into assets worth around 2,000 crore.

No plans to meet US at any level in coming days: Iran

No plans to meet US at any level in coming days: Iran

Rediff.com1 Jul 2026

Iran on Tuesday said that the Islamic Republic has "no plans" to hold any meetings with the United States in the coming days at any level, even as diplomatic engagements continue separately in Doha on the related implementation of the 14-point memorandum of understanding (MoU) aimed at ending the hostilities in West Asia.

ED Attaches Assets in Goa Nightclub Fire Money Laundering Case

ED Attaches Assets in Goa Nightclub Fire Money Laundering Case

Rediff.com8 Apr 2026

The Enforcement Directorate has attached assets worth Rs 17.45 crore as part of its money laundering investigation against the promoters of a Goa-based nightclub where 25 people were killed in a fire in December 2025.

'Next Two Quarters Will Be Tough For Markets'

'Next Two Quarters Will Be Tough For Markets'

Rediff.com21 Jul 2026

'I don't see fear becoming a dominant factor for retail investors.'

Islamabad likely to host next round of US-Iran technical talks on July 11

Islamabad likely to host next round of US-Iran technical talks on July 11

Rediff.com5 Jul 2026

Pakistan capital Islamabad is emerging as the leading venue for the next round of technical negotiations between the US and Iran, a media report said Sunday.

India Owes Iran $7 Billion!

India Owes Iran $7 Billion!

Rediff.com17 Jun 2026

Formerly Iran's second-largest oil customer, Indian financial institutions were forced to withhold crude oil payments following the 2018 US sanctions.

Ram temple trust begins search for CEO. Check the criteria

Ram temple trust begins search for CEO. Check the criteria

Rediff.com14 Jul 2026

The Shri Ram Janmabhoomi Teerth Kshetra Trust has invited applications for the first Chief Executive Officer (CEO) of the Ram temple in Ayodhya. This new position aims to strengthen administrative and financial management following alleged embezzlement concerns. The CEO will be appointed for a three-year term, overseeing various aspects from finance to pilgrim facilities, and must be an actively practising Hindu with specific managerial experience.

Assets Attached in United Services Club Financial Fraud Investigation

Assets Attached in United Services Club Financial Fraud Investigation

Rediff.com23 Mar 2026

The Enforcement Directorate (ED) has provisionally attached assets worth approximately Rs 34.51 crore in connection with an alleged financial fraud involving the United Services Club in south Mumbai.

The Strategic Importance Of Pakistan's Gwadar Port For China

The Strategic Importance Of Pakistan's Gwadar Port For China

Rediff.com13 Jul 2026

Gwadar is viewed as a critical pearl in China's maritime strategy as it would give a permanent logistical footprint near an important choke point - the Strait of Hormuz and the oil rich Persian Gulf, explains Commodore Venugopal Menon (retd).

How new lot sizes are helping small traders control massive assets?

How new lot sizes are helping small traders control massive assets?

Rediff.com7 Apr 2026

The Indian commodity market has experienced significant growth over the past decade, allowing Indian traders to capitalise on price fluctuations in commodities such as gold, crude oil, and natural gas. Earlier, commodity trading required substantial capital as these contracts were only available in bulk quantities. But to make the commodity market more accessible, exchanges such as the Multi-Commodity Exchange (MCX) have launched smaller and more flexible commodities contracts, including mini and micro contracts. These changes in the commodity lot size have changed the way small traders trade in commodity markets.

How Drones Are Revolutionising Power Transmission In Karnataka

How Drones Are Revolutionising Power Transmission In Karnataka

Rediff.com26 Jun 2026

Karnataka Power Transmission Corporation Limited (KPTCL) has successfully deployed advanced drone technology for inspecting high voltage transmission corridors, leading to an 85 per cent reduction in power outages. This initiative has improved operational efficiency, workforce safety, and enabled precise fault detection and predictive maintenance across over 11,000 transmission towers and 3,370 km of lines.

ED freezes Rs 440 crore in TMC bank accounts amid money laundering probe

ED freezes Rs 440 crore in TMC bank accounts amid money laundering probe

Rediff.com8 Jul 2026

The Enforcement Directorate has frozen bank deposits of the Trinamool Congress worth Rs 440 crore under the anti-money laundering law. This action follows searches in a funds misappropriation case, with allegations of significant transfers to a private aviation company and the purchase of luxury aircraft.

Why Investors Are Exiting Gold

Why Investors Are Exiting Gold

Rediff.com18 Jun 2026

The case for long-term investment in gold, however, remains intact.

Muzumdar hails India Women's 'perfect game' in historic Lord's Test win

Muzumdar hails India Women's 'perfect game' in historic Lord's Test win

Rediff.com14 Jul 2026

Chief coach Amol Muzumdar lauded the Indian women's cricket team for their historic 270-run Test victory over England at Lord's, attributing the success to a blend of 'patience mixed with the right amount of aggression' and highlighting centurion Yastika Bhatia's 'special knock' and pacer Kranti Gaud's 'controlled line and length'.

India's Forex Reserves Decline by Nearly $10 Billion

India's Forex Reserves Decline by Nearly $10 Billion

Rediff.com19 Jun 2026

India's foreign exchange reserves saw a substantial decline of USD 9.985 billion, reaching USD 671.625 billion for the week ended June 12, primarily driven by a sharp decrease in gold reserves, according to the Reserve Bank of India (RBI).

Trump scraps 20% Hormuz toll for 'massive' Gulf investment deals

Trump scraps 20% Hormuz toll for 'massive' Gulf investment deals

Rediff.com15 Jul 2026

Donald Trump announced he is replacing the 20% reimbursement fee for securing the Strait of Hormuz with massive trade and investment deals from Gulf States into the United States, while maintaining a full blockade on Iranian ship traffic.

Should You Invest In Multi-Asset Funds?

Should You Invest In Multi-Asset Funds?

Rediff.com3 Mar 2026

Their assets under management (AUM) rose from Rs 1.04 trillion (January 31, 2025) to Rs 1.75 trillion (January 31, 2026), an increase of 68.3 per cent.

The Retirement Crisis Nobody Talks About

The Retirement Crisis Nobody Talks About

Rediff.com10 Jul 2026

Behind the aesthetics of an entrepreneurial lifestyle lies a silent financial crisis that nobody is talking about: Freelancers are sprinting toward a retirement brick wall.

The Dhamaal Movies, Ranked

The Dhamaal Movies, Ranked

Rediff.com14 Jul 2026

From hilarious treasure hunts to recycled jokes, here's how every Dhamaal film stacks up from worst to best.

India's Defence Trade Hits Record High

India's Defence Trade Hits Record High

Rediff.com3 Jul 2026

The arms trade surplus grew tenfold, reaching $691 million in FY26 from $63 million in FY18.

Indian Firms Announce Global Partnerships, New Fund, And Social Impact

Indian Firms Announce Global Partnerships, New Fund, And Social Impact

Rediff.com29 Jun 2026

Indian companies LTM and Mastek announced new international partnerships for cloud, AI, and digital transformation. Jio BlackRock AMC launched a new hybrid fund. NMIMS partnered with Coursera for AI-enabled learning, and MakeMyTrip Foundation rebuilt a flood-damaged school in Manali.

Avoid Costly Mistakes In ITR Filing

Avoid Costly Mistakes In ITR Filing

Rediff.com24 Jun 2026

With more granular reporting and enhanced data matching, mismatches are likely to be identified more quickly.

Actor-politician Vijay discloses 603 crore in assets ahead of Tamil Nadu polls

Actor-politician Vijay discloses 603 crore in assets ahead of Tamil Nadu polls

Rediff.com31 Mar 2026

TVK chief Vijay declared assets worth 603.20 crore in his election affidavit, including luxury cars and significant bank deposits, ahead of the Tamil Nadu Assembly polls.

Karnataka Forest Officer Under Scrutiny for Alleged Disproportionate Assets

Karnataka Forest Officer Under Scrutiny for Alleged Disproportionate Assets

Rediff.com7 Mar 2026

Karnataka Lokayukta Police conducted searches at multiple locations linked to a government official, Dalesh A L, accused of possessing disproportionate assets, unearthing properties worth approximately Rs 3.08 crore.

US de-lists 4 Indian companies sanctioned over Russia links

US de-lists 4 Indian companies sanctioned over Russia links

Rediff.com1 Jul 2026

The United States has removed four Indian companies from its sanctions list, which had been accused of supplying advanced technology and equipment to Russia's military-industrial complex. The de-listed firms include RRG Engineering Technologies, Lokesh Machines, Galaxy Bearings, and Shaurya Aeronautics, previously sanctioned for exporting dual-use items to Russian entities.

ED raids 5 Kolkata locations in TMC plane, helicopter funding probe

ED raids 5 Kolkata locations in TMC plane, helicopter funding probe

Rediff.com8 Jul 2026

The Enforcement Directorate conducted searches in Kolkata as part of an investigation into alleged fund routing from TMC's bank accounts for purchasing an Embraer jet and an AgustaWestland helicopter. The probe suggests Rs 160 crore was transferred to Carewell Aviation, with Rs 112 crore used for aircraft. The ED suspects the arrangement was designed to camouflage the true purpose of transactions. This comes amidst frozen TMC bank accounts and ongoing internal party disputes.