News for 'Auditor General of India'

Dassault CEO says no scandal in Rafale deal, defends Reliance role

Dassault CEO says no scandal in Rafale deal, defends Reliance role

Rediff.com20 Feb 2019

We are going to deliver 36 aircraft. If the government of India wants more aircraft, we will be pleased to deliver, he said.

Telecom investments hit due to indecisive bureaucracy: Anil Ambani

Telecom investments hit due to indecisive bureaucracy: Anil Ambani

Rediff.com6 Feb 2015

Decision-making has been very poor, Ambani said.

UIDAI offered undue favour to Wipro: CAG

UIDAI offered undue favour to Wipro: CAG

Rediff.com2 Aug 2016

Government auditor CAG has flagged "undue favour" to Wipro Ltd by UIDAI.

Congressmen press Obama to discuss religious freedom with Modi

Congressmen press Obama to discuss religious freedom with Modi

Rediff.com29 Sep 2014

A group of 11 American lawmakers has written to President Barack Obama to discuss the issue of religious freedom in India with visiting Prime Minister Narendra Modi, during their meetings at the White House.

Will BCCI's Ganguly, Shah get an extension?

Will BCCI's Ganguly, Shah get an extension?

Rediff.com22 Jul 2020

The Supreme Court on Wednesday said it would hear after two weeks the applications which have raised issues relating to the Board of Control for Cricket in India. The matter came up for hearing before a bench comprising Chief Justice S A Bobde and Justice L Nageswara Rao.

Telecom stocks pay for politics over 'under-reporting'

Telecom stocks pay for politics over 'under-reporting'

Rediff.com9 Jul 2016

Typically these are high-beta stocks and earnings are volatile

Even 10 years after Satyam, audit quality remains a concern

Even 10 years after Satyam, audit quality remains a concern

Rediff.com14 Jan 2019

Experts say, auditors must not allow themselves to be intimidated by the client management into conducting audits by conversation. It is important for auditors to conduct proper interviews and ask probing and searching questions.

Rafale deal textbook case of criminal misconduct, say Sinha, Shourie

Rafale deal textbook case of criminal misconduct, say Sinha, Shourie

Rediff.com8 Aug 2018

The trio also accused PM Modi of single-handedly changing the parameters of the deal.

I-T dept has huge land bank, yet spends Rs 1,000 cr on rent

I-T dept has huge land bank, yet spends Rs 1,000 cr on rent

Rediff.com9 Apr 2019

The tax department was given the land at Mumbai's posh location, measuring 2,786 square metre, with a minimum capacity of 100,000 sq ft, in 1992. Instead of constructing an office building, the department recently took a few floors on rent at the nearby Air India building.

Cong meets CVC on Rafale deal, demands registration of corruption case

Cong meets CVC on Rafale deal, demands registration of corruption case

Rediff.com24 Sep 2018

The Congress has launched an offensive against the Bharatiya Janata Party government over the Rafale deal, alleging corruption and violation of rules by Prime Minister Narendra Modi and demanded answers from him.

What Every Indian Must Know About PM-CARES

What Every Indian Must Know About PM-CARES

Rediff.com5 Oct 2021

Rediff.com's Syed Firdaus Ashraf traces the journey of PM-CARES from its founding to finally admitting it is not a government fund.

Dubai tycoon slaps $8 bn suit on BoB, EY in New York for ignoring 'fraud'

Dubai tycoon slaps $8 bn suit on BoB, EY in New York for ignoring 'fraud'

Rediff.com30 Jul 2021

Dubai-based billionaire BR Shetty has sued Bank of Baroda (BoB) and audit firm Ernst & Young (EY) in a New York court, accusing them of ignoring fictitious and fraudulent transactions that resulted in NMC Healthcare going bankrupt. Shetty is seeking $8 billion in damages in the suit that also names the top management of NMC Healthcare, and Netherlands-based Credit Europe Bank. A top NMC Healthcare official confirmed the development to Business Standard and said despite several meetings, senior BoB officials in India did not take remedial steps for fear of getting involved in an international ponzi scheme perpetrated by then senior management officials.

PAC meet sees slugfest between BJP, Cong over AgustaWestland deal

PAC meet sees slugfest between BJP, Cong over AgustaWestland deal

Rediff.com18 May 2016

PAC Chairman K V Thomas, however, remained non-committal over these demands.

Budget hikes food subsidy, but cuts it for fertilisers

Budget hikes food subsidy, but cuts it for fertilisers

Rediff.com2 Feb 2020

Finance Minister Nirmala Sitharaman has brought down the budgetary allocation for the fertiliser subsidy for FY21 to Rs 71,309 crore, from the RE of Rs 79,998 crore for FY20, while increasing food subsidy to FCI through "ways and means advance" to Rs 50,000 crore for FY21, from Rs 36,000 crore in RE for FY20, and under the National Food Security Act (NFSA) to Rs 77,982 crore, from Rs 75,000 crore.

Rafale: CAG report raises concerns on no sovereign guarantee

Rafale: CAG report raises concerns on no sovereign guarantee

Rediff.com13 Feb 2019

The report noted that the 2007 UPA deal included a 15 per cent bank guarantee against advance payments.

How was private entity given mandate to maintain Red Fort, asks Congress

How was private entity given mandate to maintain Red Fort, asks Congress

Rediff.com28 Apr 2018

The Dalimia Bharat group, under the memorandum of understanding, would maintain the monument and build basic infrastructure around it and has committed a sum of Rs 25 crore for the purpose over a period spanning five years.

CAG may pull up regulator, RIL in KG-D6 report

CAG may pull up regulator, RIL in KG-D6 report

Rediff.com25 Sep 2013

According to an official close to the development, in the coming financial audit report, to be tabled in Parliament's Budget session next year, CAG will detail the slide in the government's share in petroleum sector profits due to a drop in gas production.

Unwanted controversy surfaces again in women's coach selection

Unwanted controversy surfaces again in women's coach selection

Rediff.com20 Dec 2018

Chaudhry said the BCCI cannot approve an appointment in the current situation.

How India can address the Great Slowdown

How India can address the Great Slowdown

Rediff.com2 Jan 2020

'The current budgetary practice of shifting expenditures off-balance sheet in order to be seen to be meeting fiscal targets should be discontinued; additional fiscal stimulus would be imprudent; individual income tax rates should not be cut; GST rates should not be raised now,' advise Arvind Subramanian and Josh Felman.

Lodha reforms: BCCI chief Thakur denies asking ICC to interfere

Lodha reforms: BCCI chief Thakur denies asking ICC to interfere

Rediff.com17 Oct 2016

IMAGE: BCCI president Anurag Thakur, right, with ICC CEO Shashank Manohar. Photograph: PTI Board of Control for Cricket in India president Anurag Thakur on Monday said in Supreme Court that he had not asked International Cricket Council's CEO Dave Richardson to state that the appointment of Justice Rajendra Mal Lodha committee would "tantamount to government interference" in the functioning of BCCI.

Conflict still an issue; it has to change: Ganguly

Conflict still an issue; it has to change: Ganguly

Rediff.com23 Oct 2019

The Conflict ruling suggested in the Lodha reforms for BCCI came under criticism from several quarters as they believed it stopped the former cricketers from coming forward to help Indian cricket and cricketers.

Army finalises 15,000cr plan to produce indigenous ammunition

Army finalises 15,000cr plan to produce indigenous ammunition

Rediff.com13 May 2018

11 private firms would be involved in the ambitious project.

When will the CBI question the Prime Minister?

When will the CBI question the Prime Minister?

Rediff.com21 Oct 2013

Dr Manmohan Singh's role in the sordid saga of the Coal Allocation Scam was always Delhi's worst-kept secret; calls for his interrogation will mushroom after he was named by P C Parakh, says T V R Shenoy.

Why Modi leaves difficult issues alone

Why Modi leaves difficult issues alone

Rediff.com4 Sep 2020

When he speaks of them, it is either in denial or to highlight successes that are only part of a larger story that is worrisome in its totality, observes T N Ninan.

India's telcos continue to dial the wrong number

India's telcos continue to dial the wrong number

Rediff.com2 Aug 2020

India's telecom sector has been through dizzying peaks, troughs, policy U-turns, court battles, brutal competition, and daily controversies. India could go back to a private sector duopoly with just Reliance Jio and Bharti Airtel surviving the mayhem. The third player, Vodafone Idea, could be history.

All systems go for Russian Kamov 226T helicopter production in India

All systems go for Russian Kamov 226T helicopter production in India

Rediff.com29 Dec 2015

Russia's Rostech State Corporation has tied up with Hindustan Aeronautics Limited for manufacture of at least 200 Kamov 226T light helicopters to replace the ageing fleet of Cheetah and Chetak, in a deal estimated to be worth $1 billion under 'Make in India' initiative.

Mamata calls governor 'corrupt', Dhankhar hits back

Mamata calls governor 'corrupt', Dhankhar hits back

Rediff.com28 Jun 2021

Banerjee also criticised Dhankhar over his recent visit to North Bengal, claiming a conspiracy was being hatched to divide the region.

Those linked to chopper deal got 'good positions': Parrikar

Those linked to chopper deal got 'good positions': Parrikar

Rediff.com8 May 2016

"Many people who had some links with Agusta, I am not saying illegitimate links, but some links with Agusta procurement and supply, were given good positions," Parrikar told PTI in an interview.

Is India ready for war? No, not really

Is India ready for war? No, not really

Rediff.com16 Aug 2017

'Even though an India-China military conflict scenario seems unlikely, its possibility gets enhanced if our capabilities are seen to be inadequate by the adversary,' warns Vice Admiral Premvir Das (retd).

Is rural India angry with Modi?

Is rural India angry with Modi?

Rediff.com8 Apr 2015

The anger against land acquisition is not only among landowners.

India loses its edge over China's navy

India loses its edge over China's navy

Rediff.com2 Apr 2017

With the expected launch of The People's Liberation Army (Navy)'s second aircraft carrier on April 23, China will match India in carrier numbers.

Govt's media accreditation policy introduces morality, national security clause

Govt's media accreditation policy introduces morality, national security clause

Rediff.com8 Feb 2022

Journalists acting in a manner prejudicial to the country's "security, sovereignty and integrity" as well as "public order, decency or morality" will lose their government accreditation, the Ministry of Information and Broadcasting has said in its new guidelines.

Here's why there is deep-rooted resistance to Lodha reforms...

Here's why there is deep-rooted resistance to Lodha reforms...

Rediff.com9 Feb 2017

The resistance to Lodha panel reforms remains deep rooted in the Board of Control for Cricket in India.

Padma Vibhushan for Rajnikanth, Sri Sri, Dhirubhai

Padma Vibhushan for Rajnikanth, Sri Sri, Dhirubhai

Rediff.com25 Jan 2016

The list of the prestigious Padma Awards 2016 awardees is out and superstar Rajnikanth is set to be honoured with the nation's second highest civilian award, the Padma Vibhushan.

How Kharge Can Change Indian Politics

How Kharge Can Change Indian Politics

Rediff.com28 Oct 2022

A new Congress leader may make an electoral impact by his very presence. Congress voters who had moved away from the party, after being influenced by the BJP's 'family rule' campaign, can now return with a certain moral satisfaction, observes N Sathiya Moorthy.

CAG was 'very kind' in assessing losses of coal allocations: FM

CAG was 'very kind' in assessing losses of coal allocations: FM

Rediff.com19 Mar 2015

The Supreme Court had cancelled 204 such allotments.

How to make the people use toilets

How to make the people use toilets

Rediff.com18 Aug 2017

Lack of sanitation is leading to avoidable deaths of infants, and underweight and stunted children.

Why will anyone opt for tax amnesty scheme?

Why will anyone opt for tax amnesty scheme?

Rediff.com28 Feb 2020

'Appellants may not lap up the scheme because, first, to do so would amount to admission of guilt, and second, they may have smelled victory before higher appellate forums,' notes S Murlidharan.

How India bungled on foreign investor tax row

How India bungled on foreign investor tax row

Rediff.com19 May 2015

Investor lobbies and tax lawyers estimate the bill for international funds and banks could be as high as $8 billion

3 Pilots Tested Positive For Psychotropic Substances

3 Pilots Tested Positive For Psychotropic Substances

Rediff.com27 Aug 2022

commercial airlines and air navigation service providers have to carry out random drug tests on at least 10 per cent of their flight crew and air traffic controllers every year.