News for 'Auditor General of India'

Chopper scam: Budget session likely casualty as Centre, Congress trade charges

Chopper scam: Budget session likely casualty as Centre, Congress trade charges

Rediff.com28 Apr 2016

With an aggressive Opposition and unyielding government, important legislation could be the biggest casualty, as details of the helicopter contract surface.

Who sold us the 2G 'scam'?

Who sold us the 2G 'scam'?

Rediff.com23 Jan 2018

'And who sold this belief?' 'Public-spirited individuals' like Subramanian Swamy.' 'Independent public servants' like Vinod Rai. 'Anti-corruption activists' like Kiran Bedi. And 'outspoken television anchors' like Arnab Goswami,' says Mihir S Sharma.

Kingfisher result: Accounting standards not followed

Kingfisher result: Accounting standards not followed

Rediff.com12 Feb 2014

The auditors, B K Ramadhyani & Co, questioned the accounting method used by the airline to calculate costs incurred on maintenance and repair of aircraft.

'As a manager, Rajan hasn't been very good for the RBI'

'As a manager, Rajan hasn't been very good for the RBI'

Rediff.com18 Jun 2016

'From where prime ministers sit, it makes no difference at all who occupies the governor's post.' 'Literally anyone with a decent education or work experience can be appointed to the job, which is basically a managerial one with little room for manoeuvre,' says T C A Srinivasa-Raghavan.

Rise in black money due to election funding

Rise in black money due to election funding

Rediff.com18 Nov 2016

Political funding of elections has led to the rise in black money in the economy.

Hindalco yet to get any coal, even 8 years later

Hindalco yet to get any coal, even 8 years later

Rediff.com17 Oct 2013

Aditya Aluminium project ready but clearances still stuck for mine

All you need to know about the fodder scam

All you need to know about the fodder scam

Rediff.com1 Oct 2013

Monday's verdict in the fodder scam, sending former Bihar chief minister Lalu Prasad Yadav to jail, for which he could be disqualified as a member of the Lok Sabha - which could jeopardize the UPA government's already wafer-thin majority, is all over the news but how much do you know about it? Check out our primer.

CAG raps ISRO for extending 'undue benefit' to foreign firm

CAG raps ISRO for extending 'undue benefit' to foreign firm

Rediff.com6 Sep 2013

The Comptroller and Auditor General on Friday rapped space agency Indian Space Research Organisation for allowing a foreign private satellite service provider to park its satellite in an orbit slot meant for Indian satellites in violation of nation's SATCOM policy and extending "undue benefit" to a foreign firm.

5 lessons PE funds have learnt in India

5 lessons PE funds have learnt in India

Rediff.com20 Nov 2014

Experts say it's not only important to get due-diligence done by an independent firm but it needs to be cross-checked, too.

Telenor's Indian adventure: A bold move that didn't click

Telenor's Indian adventure: A bold move that didn't click

Rediff.com3 Mar 2017

After building a subscriber base of nearly 50 million in about eight chequered years, it finally gave up as it saw itself up against a 600-pound gorilla that breezed through double that many subscribers in a fraction of that time, says N Sundaresha Subramanian.

5 changes Rajya Sabha wanted in Aadhaar Bill

5 changes Rajya Sabha wanted in Aadhaar Bill

Rediff.com17 Mar 2016

The Congress and the Left parties might move court to challenge LS speaker's ruling on Aadhaar as money Bill.

Essar Power's Rs 11,000-crore investment awaits approval

Essar Power's Rs 11,000-crore investment awaits approval

Rediff.com3 Nov 2013

Within a month of the Comptroller and Auditor General of India (CAG) tabling the coal block allocation report in Parliament in August last year, the Central Bureau of Investigation (CBI) filed a First Information Report (FIR) against Hyderabad-based Navabharat Power Private Ltd for the coal block allotted to it in Odisha in January 2008.

The Cinderella of all Budgets

The Cinderella of all Budgets

Rediff.com25 Feb 2015

The service conditions and judges' remuneration are not alluring .

How 2G case impacts telecom sector to this day

How 2G case impacts telecom sector to this day

Rediff.com22 Dec 2017

The fear of another scam pushed the government into a rather long period of so-called 'policy paralysis'. To play it safe, the price of spectrum in all subsequent auctions was benchmarked to the high 3G rates, says Surajeet Das Gupta.

'Kejriwal can't handle being CM, dreams of being PM'

'Kejriwal can't handle being CM, dreams of being PM'

Rediff.com3 Feb 2016

'Delhi is regretting its decision of electing Arvind Kejriwal.'

Coal crunch: A chance to revamp, reallocate and revive

Coal crunch: A chance to revamp, reallocate and revive

Rediff.com28 Aug 2014

In the long run, the decision could bring clearer rules to a sector that has failed to provide India with enough power because it has been so hamstrung by confusion and scandals over concessions allegedly handed to government cronies.

Ask Anil: How to rectify tax-filing mistakes

Ask Anil: How to rectify tax-filing mistakes

Rediff.com3 Jun 2021

Anil Rego, CEO, Right Horizons, answers your personal income tax queries.

Net closing in on PNB, IL&FS, ICICI-Videocon, AugustaWestland

Net closing in on PNB, IL&FS, ICICI-Videocon, AugustaWestland

Rediff.com7 Jun 2019

'The web of transactions is so complex that it requires expertise to understand the strategies involved in each fraud.'

India's elected a Trump, will US now get a Modi?

India's elected a Trump, will US now get a Modi?

Rediff.com24 Sep 2015

'In May 2014, India got its Donald Trump equivalent as prime minister in the form of Narendra Modi. Come 2016, we will know if America too gets its own version of Modi by electing Trump,' says Shehzad Poonawalla.

Meet the man behind GST's IT backbone

Meet the man behind GST's IT backbone

Rediff.com22 Mar 2017

GSTN CEO Prakash Kumar tells Sudipto Dey how IT can improve service delivery of government departments.

'Aadhar Act has very good privacy provisions'

'Aadhar Act has very good privacy provisions'

Rediff.com23 Mar 2016

'We have to go through the process of obtaining informed consent.'

Companies hoping for the tide to turn

Companies hoping for the tide to turn

Rediff.com26 Dec 2013

Year 2013 saw business leaders facing the ire of hostile investigative agencies.

How Mallya plans to settle Kingfisher dues

How Mallya plans to settle Kingfisher dues

Rediff.com25 Nov 2015

In 2012, Diageo signed a deal to buy stake in USL.

'National lockdown could have been avoided'

'National lockdown could have been avoided'

Rediff.com7 Apr 2020

'Two days notice for the Janata Curfew.' 'Two-and-a-half days notice for lighting candles, but a mere four-hour notice for the lockdown without taking state governments into confidence.'

Train to Tawang? Build roads first

Train to Tawang? Build roads first

Rediff.com5 May 2017

Before undertaking such difficult projects as a 378-km railway line to Tawang, the government must seriously examine whether having quality roads is a better option.

How crony capitalism is killing the Indian economy

How crony capitalism is killing the Indian economy

Rediff.com15 Aug 2014

Mr Modi, it came across, did not want to be seen as favouring any one business group.

PMC shows it's time for relook at urban coop banks

PMC shows it's time for relook at urban coop banks

Rediff.com10 Oct 2019

In the aftermath of the PMC Bank mess which was in the RBI's highest rating of 'A' category, trustworthiness of these ratings may be up for a review.

The booming market for newspapers

The booming market for newspapers

Rediff.com4 Jun 2013

The growth of Indian newspapers continues to startle.

New audit norms irk insurance firms

New audit norms irk insurance firms

Rediff.com27 Aug 2005

Oil ministry to cut ONGC's subsidy burden, adjust its cess payment

Oil ministry to cut ONGC's subsidy burden, adjust its cess payment

Rediff.com8 Dec 2014

According to a new subsidy sharing formula, the payout of upstream oil producers like ONGC is to be reduced to the extent of Rs 4,500 per tonne oil development cess they pay to the government, sources privy to the development said.

God help the passengers of Indian Railways' high speed trains

God help the passengers of Indian Railways' high speed trains

Rediff.com4 Dec 2014

Even as Indian Railways is gearing up to roll out high-speed passenger services, it seems set to record its worst performance in three years on accidents.

Kader Khan, Gambhir among 112 conferred with Padma awards

Kader Khan, Gambhir among 112 conferred with Padma awards

Rediff.com25 Jan 2019

Folk artist from Chhattisgarh Teejan Bai, Guelleh, Naik and theatre actor from Maharashtra Balwant Moreshwar Purandare will be honoured with Padma Vibushan.

NIIF: A perfect solution for the cash-strapped economy

NIIF: A perfect solution for the cash-strapped economy

Rediff.com15 Feb 2016

The overriding objective of the National Investment and Infrastructure Fund (NIIF) must be adequate economic return, not financial return.

Who should the next RBI Governor be? Vote now!

Who should the next RBI Governor be? Vote now!

Rediff.com17 Aug 2016

Will Arundhati Bhattacharya be the RBI's first woman governor? Or will Urjit Patel succeed Raghuram Rajanas RBI governor when his term ends on September 4?

'Mallya is a phenomenal character'

'Mallya is a phenomenal character'

Rediff.com27 Aug 2018

'The three tycoons I deal with in the first chapter -- Ambani, Mallya and Adani -- in their own way represent the change that has come over India.' 'Of the three of them, Mallya is the most fun. He was terrific.' 'And I don't say that because I tell the story in the book of his golden toilet.'

Spectrum scam: What is the actual loss?

Spectrum scam: What is the actual loss?

Rediff.com19 Dec 2014

Though Indians were no strangers to scams, spectrum loss was beyond their wildest imagination.

How RBI can prevent PNB-like frauds

How RBI can prevent PNB-like frauds

Rediff.com15 Mar 2018

'If the RBI had done the right things, these mistakes would not have happened in banks, public or private,' says Ajay Shah.

Modi's poll pitch: Decide what kind of pradhan sevak you want

Modi's poll pitch: Decide what kind of pradhan sevak you want

Rediff.com12 Jan 2019

"Will anybody want a servant that who is on vacation when needed at home? And nobody knows where he is," he continued.