News for 'Accountability Review Board'

Srikrishna panel seeks replies from Chanda Kochhar

Srikrishna panel seeks replies from Chanda Kochhar

Rediff.com31 Dec 2018

The panel is believed to have examined each financial transaction between the Kochhar family and Videocon group, and the suspected trail of properties and assets that the family acquired since Chanda Kochar became ICICI Bank's MD.

ICAI norm for auditors

ICAI norm for auditors

Rediff.com11 May 2007

Following the request of the Securities and Exchange Board of India, the Institute of Chartered Accountants of India

Infy whistle-blower wants Sebi to act in Panaya, Bansal issues

Infy whistle-blower wants Sebi to act in Panaya, Bansal issues

Rediff.com10 Dec 2017

The whistle-blower's letter to Sebi said future disclosures on any wrongdoing could potentially not be exposed if Infosys is let off the hook now.

Deadline to link Aadhaar with govt schemes extended

Deadline to link Aadhaar with govt schemes extended

Rediff.com25 Oct 2017

Extension of the deadline from December end this year till March 31, 2018, would apply only to those people who do not have Aadhaar and are willing to enrol for it.

Grant permanent commission to women officers: SC to army

Grant permanent commission to women officers: SC to army

Rediff.com25 Mar 2021

The apex court said the Annual Confidential Report evaluation criteria for grant of permanent commission to women officers ignored the achievement and laurels brought by them to the Indian Army.

RBI will keep PSBs under strict watch

RBI will keep PSBs under strict watch

Rediff.com29 Dec 2018

RBI says haste in easing norms for banks harmful to economy.

How Parrikar Broke the Rafale Logjam

How Parrikar Broke the Rafale Logjam

Rediff.com23 Jul 2021

'It was Parrikar's sharp insights into finance and international systems that stood out when India --at his suggestion -- decided to procure the Rafale combat jets from France.'

For LIC, road to bourses won't be easy

For LIC, road to bourses won't be easy

Rediff.com10 Feb 2020

Amendment to the Act, sovereign guarantees, investment portfolio, realty holdings, and governance issues to shape valuation.

21 banks lower lending rates after RBI rate cut

21 banks lower lending rates after RBI rate cut

Rediff.com28 Apr 2015

Banks have reduced their base rate or the minimum lending rate in the range of 0.1-0.5 per cent till April 15.

Markets at day's low; PSU banks shine

Markets at day's low; PSU banks shine

Rediff.com6 Jun 2016

Markets at day's low; PSU banks shine.

Railways gets cracking on environment protection, fuel bill

Railways gets cracking on environment protection, fuel bill

Rediff.com2 Feb 2015

Diesel prices for the Railways have come down from Rs 60.08 a litre in June to Rs 50.51 a litre now.

Sahara owns several luxury apartments, assets abroad

Sahara owns several luxury apartments, assets abroad

Rediff.com16 Oct 2015

Other London properties, aircraft & offshore accounts are yet to catch the attention of regulators.

5 proposals govt will discuss with RBI on November 19

5 proposals govt will discuss with RBI on November 19

Rediff.com12 Nov 2018

There is as yet no clarity on how the process of consulting with the RBI Governor, initiated under Section 7 of the RBI Act, would unfold in the coming days. The government is keen that its suggestions made in the public interest should be heeded by the central bank, says A K Bhattacharya.

Bad loans are biggest challenge facing public sector banks, says FM

Bad loans are biggest challenge facing public sector banks, says FM

Rediff.com5 Mar 2014

Bad loans of PSU banks rose by 28.5 per cent.

DRS set for busy baptism on India's turning pitches

DRS set for busy baptism on India's turning pitches

Rediff.com4 Nov 2016

Ahead of the system's debut in a test in India next week, the International Cricket Council (ICC) said referrals are always more likely on spinning tracks and that is why the review system is an essential tool for umpires.

How Lakshmi Vilas Bank eroded its wealth amid controversy and losses

How Lakshmi Vilas Bank eroded its wealth amid controversy and losses

Rediff.com8 Oct 2020

It has been a year since the Reserve Bank of India (RBI) initiated prompt corrective action (PCA), an exercise that puts weak banks under central bank scrutiny, against the 94-year-old Lakshmi Vilas Bank (LVB). But recently, this low-profile Chennai-headquartered bank found itself attracting some unwonted publicity when 60 per cent of its shareholders voted against a proposal to re-appoint seven directors, including one of the promoters, K R Pradeep (who holds around 2 per cent), and the company's managing director & chief executive officer S Sundar.

HC asks Navy to consider transgender for alternate job

HC asks Navy to consider transgender for alternate job

Rediff.com30 Oct 2017

"Here is an opportunity to look at it from a different perspective. It is an out of the box situation. It maybe a first of its kind situation.

India Inc heaves sigh of relief over 30-day grace for loan default

India Inc heaves sigh of relief over 30-day grace for loan default

Rediff.com8 Jun 2019

Lenders can now review a borrower account within 30 days of default. Earlier, the banks had to start resolution within one day of default.

Govt revises FDI norms to shield firms from takeover

Govt revises FDI norms to shield firms from takeover

Rediff.com18 Apr 2020

The government on Saturday made its prior approval mandatory for foreign investments from countries that share land border with India to curb 'opportunistic takeovers' of domestic firms following the COVID-19 pandemic, a move which will restrict Foreign Direct Investment from China.

Plan to buy a low-cost house? You may pledge PF contributions

Plan to buy a low-cost house? You may pledge PF contributions

Rediff.com8 Sep 2015

There will be tripartite pact with member, bank/housing agency and EPFO.

'ICC must implement reforms to address corruption in cricket'

'ICC must implement reforms to address corruption in cricket'

Rediff.com19 Nov 2013

Anti-corruption watchdog Transparency International has said that the ICC must tackle corruption both on and off the pitch that challenge the integrity of cricket by strengthening its own governance and by using its influence to promote high standards in national Boards.

Lessons from the Sharepro scam

Lessons from the Sharepro scam

Rediff.com30 Mar 2016

After every corporate announcement, check your demat and bank accounts for necessary credits.

Sebi to tighten insider trading norms

Sebi to tighten insider trading norms

Rediff.com10 Oct 2014

The high-level panel, chaired by former Chief Justice of Karnataka and Kerala High Courts, K Sodhi, had focused on reviewing the Sebi (Prohibition of Insider Trading) Regulations, 1992.

Indian troops standing firm; talks with China to continue: Rajnath

Indian troops standing firm; talks with China to continue: Rajnath

Rediff.com28 Oct 2020

The defence minister clearly asserted that there will be no budgetary constraints to enhance the capability of the Army and meeting its other requirements.

The rot in the EPFO data

The rot in the EPFO data

Rediff.com22 Feb 2018

Out of around 80 million accounts that were analysed, there were 10 million records with only names and no other details about the subscribers, including their date of joining, date of birth and father's name, among others, in the EPFO's records.

Govt hikes import tariff value on gold, silver

Govt hikes import tariff value on gold, silver

Rediff.com16 May 2014

In Singapore, gold prices have risen by 0.46 per cent to $ 1,294.20 from $ 1,288 per ounce in last one fortnight.

Indradhanush: Rainbow of hope for Indian banks?

Indradhanush: Rainbow of hope for Indian banks?

Rediff.com6 Jun 2016

Indradhanush-II is likely to chart out the process for resolution of non-performing assets.

Why is RBI copying US Fed?

Why is RBI copying US Fed?

Rediff.com14 Oct 2020

'India is not so distant from years of high and entrenched inflationary expectations that it should start trying to play games with the economy the way the West's central bankers think they are entitled to,' argues Mihir S Sharma.

Will ensure protection of integrity of upcoming polls in India: Zuckerberg

Will ensure protection of integrity of upcoming polls in India: Zuckerberg

Rediff.com11 Apr 2018

Mark Zuckerberg said one of his greatest regrets was that Facebook has been slow in identifying the Russian information operations in 2016.

Government to take 'harsh punitive' action against shell cos

Government to take 'harsh punitive' action against shell cos

Rediff.com10 Feb 2017

In a major crackdown on domestic shell companies, the government on Friday decided to take "harsh punitive" action, including freezing of their bank accounts used to launder money or evade taxes.

Soccer Extras: Wenger joins FIFA as global development chief

Soccer Extras: Wenger joins FIFA as global development chief

Rediff.com13 Nov 2019

News of all that's transpired on and off the football field

India holds out at final RCEP talks, all eyes on Modi

India holds out at final RCEP talks, all eyes on Modi

Rediff.com3 Nov 2019

The agenda prepared by ministers will be discussed by Prime Minister Narendra Modi and other RCEP leaders in Nonthaburi, a city north of Bangkok, on November 4, the official deadline to close talks.

Mallya says only shareholders can 'oust' him from USL

Mallya says only shareholders can 'oust' him from USL

Rediff.com26 Apr 2015

Asked to quit United Spririts' board, Vijay Mallya struck a defiant note saying he 'intends' to continue as its Chairman.

Can Budget 2020 help tackle tax disputes?

Can Budget 2020 help tackle tax disputes?

Rediff.com20 Jan 2020

A robust dispute settlement system would help the government unlock tax revenues, and also aid ease of doing business.

Match-fixing hits Spanish tennis: 28 players investigated

Match-fixing hits Spanish tennis: 28 players investigated

Rediff.com10 Jan 2019

Of the 83 people implicated in the case, 28 were professional tennis players, playing in the ITF Futures and Challenger categories, and one whose identity was not revealed competed in the 2018 US Open.

Govt mulls law to give banks more muscle

Govt mulls law to give banks more muscle

Rediff.com12 Aug 2014

At a time when the asset quality of state-owned banks is deteriorating, the Reserve Bank of India is also planning harsher penalties for wealthy promoters of wilful defaulters.

Why FIIs want short-term capital gains to be scrapped

Why FIIs want short-term capital gains to be scrapped

Rediff.com29 Nov 2016

FIIs fear short-term capital gains would give rise to tax uncertainty and make their operations difficult, reports Pavan Burugula from Mumbai.

Wipro disappoints, posts surprise fall in Q3 profit

Wipro disappoints, posts surprise fall in Q3 profit

Rediff.com19 Jan 2018

Revenues from IT services segment, which accounts for a significant portion of the company's topline, stood at $2.013 billion, remaining flat sequentially and up by 5.8 per cent year-on-year.

How can economy tackle the second wave?

How can economy tackle the second wave?

Rediff.com17 May 2021

'Aggressively stepping up vaccinations will constitute the most enduring stimulus of all in the coming quarters,' observes Sajjid Z Chinoy, Chief India Economist at J P Morgan.

Modicare: Niti Aayog gets tough, seeks 'realistic' estimates

Modicare: Niti Aayog gets tough, seeks 'realistic' estimates

Rediff.com21 Feb 2018

The government would be setting up a National Health Protection Council, National Governance Board and National Health Agency before roll-out of the scheme on August 15.