News for 'Auditor General'

Anil Swarup: Man who can clean up the coal mess

Anil Swarup: Man who can clean up the coal mess

Rediff.com13 Mar 2015

He is known for his paperless style of working.

'Govt banks rarely take note of RBI directives'

'Govt banks rarely take note of RBI directives'

Rediff.com20 Jun 2018

'For years, the RBI has been warning banks on probable frauds in bank guarantees and advised them to exercise due care.' 'PSB staffers feel their jobs are secured, hence there is no need to be vigilant and exercise financial prudence.'

Did Censor Board okay 172 adult films for public viewing?

Did Censor Board okay 172 adult films for public viewing?

Rediff.com7 Jul 2015

A CAG report severely criticises the movie certification body for fabrication of documents and showing bias while issuing film certificates.

PM attacks Congress, says institutions biggest casualty of 'dynastic politics'

PM attacks Congress, says institutions biggest casualty of 'dynastic politics'

Rediff.com20 Mar 2019

'India has seen that whenever dynastic politics has been powerful, institutions have taken a severe beating'

KG basin controversy: SC seeks response from Reliance

KG basin controversy: SC seeks response from Reliance

Rediff.com16 Jan 2015

The Supreme Court on Friday granted six weeks time to Mukesh Ambani's Reliance Industries Ltd (RIL) to respond to the final CAG report which found alleged irregularities including in payments made to the contractors on drilling of D6 wells at the Krishna-Godavari basin.

Vadra's Sky Light Hospitality made a profit of Rs 33 cr in FY13

Vadra's Sky Light Hospitality made a profit of Rs 33 cr in FY13

Rediff.com4 Nov 2014

Amid the Bharatiya Janata Party governments at the Centre and in Haryana beginning to turn the heat on him, businessman Robert Vadra, also the son-in-law of Congress President Sonia Gandhi, recently ensured his companies filed their pending balance sheets.

Why political class is betting on welfare spending

Why political class is betting on welfare spending

Rediff.com18 Feb 2019

There appears to be a growing perception among the political class that faster growth will not create jobs fast enough and, therefore, welfare spending needs to be drastically increased, says T T Ram Mohan.

Why Rudy lost his job

Why Rudy lost his job

Rediff.com2 Sep 2017

Modi wanted to reap the Pradhan Mantri Kaushal Vikas's success in the 2019 election, but officials say blaming Rudy alone for its slow progress was unjust.

Cong resists move to present U'khand budget bill in RS

Cong resists move to present U'khand budget bill in RS

Rediff.com10 May 2016

Congress members also vociferously pressed for a discussion on the Comptroller and Auditor General report.

SA cricket franchises earn profits for first time in 25 years

SA cricket franchises earn profits for first time in 25 years

Rediff.com1 Sep 2016

Cricket South Africa's (CSA) franchises have experienced profits for the first time since the country was reinstated into international cricket in 1991. CSA President Chris Nenzani attributed this achievement to heightened corporate governance and diligent operational processes at its affiliates. "Congratulations to all concerned with these outstanding results," Nenzani said.

'Cheerful' ads that are miles away from the truth

'Cheerful' ads that are miles away from the truth

Rediff.com12 Apr 2016

At a time when more and more of government spending is done by states, the impression you get from these large advertisements could well reflect the slogan of Emergency days: the nation is on the move, says T N Ninan.

Naresh Goyal, Jet Air under SFIO scanner

Naresh Goyal, Jet Air under SFIO scanner

Rediff.com18 Nov 2019

The probe agency has found that the company's vast network of sales agents across the globe was not independent of Jet Airways and several of these entities were linked to its founder, Naresh Goyal.

Govt's arguments valid, but have little to do with Article 370

Govt's arguments valid, but have little to do with Article 370

Rediff.com16 Aug 2019

A lot of the factors towards which the government has pointed to justify its moves on Jammu and Kashmir are in fact valid. Only, most of them have little to do with Article 370, says David Devadas.

On AGM-eve, RIL talks about 'rhetoric' on D6 gas

On AGM-eve, RIL talks about 'rhetoric' on D6 gas

Rediff.com18 Jun 2014

In the 38-page report, across 10 chapters, RIL explained how it entered the exploration and production business; the history of the New Exploration and Licensing Policy and the introduction of production-sharing contracts.

Airline biggies threaten legal action against ministry

Airline biggies threaten legal action against ministry

Rediff.com24 Feb 2016

IndiGo, Jet, SpiceJet and GoAir demand level playing field in aviation policy, say government can't favour only two new airlines.

Govt considers 'bad bank' proposal despite doubts

Govt considers 'bad bank' proposal despite doubts

Rediff.com19 Feb 2016

FinMin officials say an announcement could be made in the Budget.

Cricket Buzz: Kapil tenders resignation from 'non existent' CAC

Cricket Buzz: Kapil tenders resignation from 'non existent' CAC

Rediff.com2 Oct 2019

CoA chief Vinod Rai has made it clear that the CAC comprising Kapil were 'not conflicted'

Budget 2019 - Is the Rs 6.63 trillion GST target too ambitious?

Budget 2019 - Is the Rs 6.63 trillion GST target too ambitious?

Rediff.com8 Jul 2019

A well-established tax system would have a predictable buoyancy - how fast the collections grow as a proportion to the growth of the economy. But that is not the case with GST. It is still undergoing substantial changes as the government responds to structural as well as administrative glitches.

CSR spends and the menace of ghost beneficiaries

CSR spends and the menace of ghost beneficiaries

Rediff.com16 Dec 2019

Ghost beneficiaries aren't the only kind of issue companies face during a period of unprecedented CSR spending, touching nearly Rs 12,000 crore in 2018-19. Frauds related to procurement, construction, and end-use of funds have had companies engaging forensic auditors to keep tabs on how money is spent, revealed conversations with those involved in such investigations. Firms are also increasingly strengthening their own capabilities to better implement their programmes.

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.

How Modi can thwart Xi

How Modi can thwart Xi

Rediff.com24 Oct 2020

'The world does not care about the tension on our border.' 'India has to emerge as a strong economic power.' 'Respect comes when the world sees a country with a direction and leadership that has a vision,' points out Ramesh Menon.

Amrapali case: SC keen on completion certificate to homebuyers

Amrapali case: SC keen on completion certificate to homebuyers

Rediff.com13 Aug 2019

On July 23, the apex court had cracked its whip on errant builders for breaching the trust reposed by homebuyers and ordered cancellation of the registration of Amrapali Group under the real estate law RERA, and ousted it from its prime properties in the NCR by nixing the land leases.

Govt opens door for private airport developers

Govt opens door for private airport developers

Rediff.com31 Oct 2015

The government has made clear that the Airports Authority of India will closely monitor the cost of airports built through the PPP route.

With Modicare rollout, focus shifts to states

With Modicare rollout, focus shifts to states

Rediff.com23 Sep 2018

States are now gearing up to implement the scheme, integrating it with their own public health insurance plans and tying up the loose ends.

An Agenda for the Defence Minister

An Agenda for the Defence Minister

Rediff.com4 Jun 2019

The new minister must commit himself to supporting long-term defence plans or else defence modernisation will continue to lag and the growing military capabilities gap with China will assume ominous proportions, warns Brigadier Gurmeet Kanwal (retd).

Two major risks that make Aadhaar vulnerable

Two major risks that make Aadhaar vulnerable

Rediff.com9 Aug 2018

The persistence with Aadhaar, to the exclusion of all other identity systems, is a dangerous path and should be avoided if the risks of digital vulnerability are to be eliminated. Till such time that the ownership of the Aadhaar system is transferred to an independent body, concerns over Aadhaar's digital vulnerability will persist, says A K Bhattacharya.

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.

No secrecy clause, Modi govt misled the nation on Rafale deal: Cong

No secrecy clause, Modi govt misled the nation on Rafale deal: Cong

Rediff.com23 Jul 2018

Congress may give a privilege motion notice against the prime minister and Sitharaman.

'Tihar jail shameless': SC shifts Unitech's Chandras to Maharashtra jails

'Tihar jail shameless': SC shifts Unitech's Chandras to Maharashtra jails

Rediff.com26 Aug 2021

The Supreme Court on Thursday directed that former Unitech promoters Sanjay Chandra and Ajay Chandra be shifted from Tihar Jail in Delhi to Mumbai's Arthur Road Jail and Taloja prison in Maharashtra after the ED said they were conducting business from the premises in connivance with the staff.

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.

Modi's 1-year report card: Anti-farmer and pro-corporate sarkar

Modi's 1-year report card: Anti-farmer and pro-corporate sarkar

Rediff.com26 May 2015

Modi sarkar took few initiatives to uplift the poor strate of society.

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.

Anil Ambani's RCap to shut two lending arms by December

Anil Ambani's RCap to shut two lending arms by December

Rediff.com1 Oct 2019

Reliance Capital has two credit verticals -- Reliance Commercial Finance and Reliance Home Finance -- with a cumulative asset of over Rs 25,000 crore.

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.

'Players' interests not protected': COA chief Rai blasts BCCI

'Players' interests not protected': COA chief Rai blasts BCCI

Rediff.com27 Nov 2017

India will finish their home series against Sri Lanka on December 24 before leaving for South Africa on December 28. They are scheduled to play a two-day warm-up tie starting on December 30 before taking on South Africa in the first Test on January 5.

JPC report on 2G scam submitted to Lok Sabha speaker

JPC report on 2G scam submitted to Lok Sabha speaker

Rediff.com29 Oct 2013

The controversial report of the Joint Parliamentary Committee, which gave a clean chit to Prime Minister Manmohan Singh in the 2G spectrum scam saying he was "misled" by the then Telecom Minister A Raja, was on Tuesday submitted to Lok Sabha Speaker Meira Kumar.

Baby bloom in the times of the pandemic

Baby bloom in the times of the pandemic

Rediff.com22 Jun 2020

The newborns opens their eyes to see the world fighting a deadly disease.

'Modi's political capital has taken a very big beating in the Nirav Modi case'

'Modi's political capital has taken a very big beating in the Nirav Modi case'

Rediff.com1 Mar 2018

'Four weeks have passed after the scam was exposed, yet no big guy has been arrested.' 'This gives the impression that he wants to be soft on the biggies.'

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.