News for 'Bank's Sanctions Board'

New NPA resolution plan finds few takers among bankers

New NPA resolution plan finds few takers among bankers

Rediff.com23 Feb 2017

Rather, the existing ones should be implemented speedily to clean up the mess.

I-T probe into NuPower hints at round-tripping

I-T probe into NuPower hints at round-tripping

Rediff.com14 Apr 2018

The I-T department said NuPower's balance sheet did not substantiate the high premium paid by Singapore-based DH Renewables for its shares, and suspects it could be a case of round-tripping of unaccounted income by NuPower.

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.

How DHFL diverted Rs 12,700 crore to shadowy firms

How DHFL diverted Rs 12,700 crore to shadowy firms

Rediff.com30 Jan 2020

The ED, which is probing the DHFL promoters' role in financing funds to gangster Iqbal Memon (alias Iqbal Mirchi), said Kapil Wadhawan, former chairman and managing director of the debt-laden company, played a very crucial role in these "nefarious transactions" by way of money laundering.

Chidambaram for mobilising resources from insurance, pension sectors

Chidambaram for mobilising resources from insurance, pension sectors

Rediff.com18 Jun 2013

The finance minister was speaking after launching the maiden IDF scheme of IIFCL Mutual Fund in New Delhi on Tuesday.

3,000 flat owners in Gurgaon living without basic amenities

3,000 flat owners in Gurgaon living without basic amenities

Rediff.com13 Jun 2014

It's been a decade of ordeals for the residents of the plush Mayfield Gardens in Gurgaon who are living in their crore plus apartments without basic amenities of water, power and sewage. A Ganesh Nadar reports.

How GST refunds are being resolved

How GST refunds are being resolved

Rediff.com15 Jun 2018

'So far, the government has sanctioned more than Rs 300 billion as GST refunds,' Ansh Bhargava and Aditya Singhania point out.

StanChart CEO plans to cut about 1,000 top staff

StanChart CEO plans to cut about 1,000 top staff

Rediff.com9 Oct 2015

Disposals also likely, clients to be cut -CEO memo to staff

Rough ride for markets in 2018

Rough ride for markets in 2018

Rediff.com27 Dec 2018

2018 has been a disappointing and highly volatile year for equity investors.

Mallya went abroad 4 times after 'Look Out' Circular

Mallya went abroad 4 times after 'Look Out' Circular

Rediff.com10 Mar 2016

Beleaguered businessman Vijay Mallya had made at least four trips abroad before his controversial March 2 departure since a look-out notice was issued by CBI on October 16 last to know his movements.

Why is Iran crude so important for India?

Why is Iran crude so important for India?

Rediff.com14 Nov 2018

One of the major advantages of buying Iran crude is the additional credit period of 90 days that the country gives to India, compared to 30 days by other countries.

How IL&FS bosses showed fictitious profits for salary hikes

How IL&FS bosses showed fictitious profits for salary hikes

Rediff.com10 Jun 2019

Besides 15 loan transactions to the Siva group of companies, the former directors also used unique methods to ensure the group did not get into the default list.

Centre releases drought relief for Tamil Nadu, Karnataka

Centre releases drought relief for Tamil Nadu, Karnataka

Rediff.com1 Apr 2017

Centre releases Rs1,712cr to TN, Rs 1,234cr to Karnataka for drought.

Nifty below 8,150; Maruti Suzuki slips nearly 3%

Nifty below 8,150; Maruti Suzuki slips nearly 3%

Rediff.com16 Jun 2016

At 12:25 PM, the barometer index, the S&P BSE Sensex was down 358 points or 1.3% at 26,368.

Migrant workers struggle to survive as pandemic rages

Migrant workers struggle to survive as pandemic rages

Rediff.com9 Apr 2021

It took a lockdown for us in India to even recognise that the plight of migrants needs to be addressed. They were faceless and unrecognised. They were unappreciated and even hounded. They were poorly paid and exploited, notes Ramesh Menon.

Court bars Dabur's Pradip Burman from going abroad

Court bars Dabur's Pradip Burman from going abroad

Rediff.com30 Apr 2015

Burman had sought permission to travel to Dubai from May 3-7.

He exposed the Rs 2,043 crore DSK scam

He exposed the Rs 2,043 crore DSK scam

Rediff.com21 Jun 2018

'The amount involved could as high as Rs 3,500 crore as there are a lot of depositors.' 'Yesterday, I met an investor who put in Rs 4 crore. That man doesn't have Rs 2,000 to spend on medicines.'

One year of Raghuram Rajan: A spring in his step

One year of Raghuram Rajan: A spring in his step

Rediff.com1 Sep 2014

The Governor, who completes one year in RBI on Wednesday, has stabilised the rupee and is getting a fix on inflation.

The Events of 2018

The Events of 2018

Rediff.com27 Dec 2018

A glance back at some important events that occurred in 2018.

Why is govt taking pangas with RBI, CBI etc?

Why is govt taking pangas with RBI, CBI etc?

Rediff.com23 Nov 2018

Has the Modi government been more at odds with institutions than other governments? There is no doubt that there have been more run-ins. While the RBI and CBI cases have drawn attention, there have been others, less publicised, Subhomoy Bhattacharjee points out.

It will be advantage borrowers from April 1

It will be advantage borrowers from April 1

Rediff.com18 Dec 2015

Since January 2015, the central bank has lowered its policy rate.

FULL TEXT: President's address to Parliament

FULL TEXT: President's address to Parliament

Rediff.com29 Jan 2021

Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.

Tea planters' cup of woes is spilling over

Tea planters' cup of woes is spilling over

Rediff.com22 Apr 2020

The tea industry, hit by rising costs, falling prices and political unrest in the North Bengal plantations, is especially vulnerable to the COVID-19 lockdown.

'Clean-up or growth? The answer, unambiguously, is clean-up!'

'Clean-up or growth? The answer, unambiguously, is clean-up!'

Rediff.com12 Feb 2016

RBI governor on the stress in public sector bank due to NPAs, and what is needed to be done to get the system back on track.

Mis-selling: How buyers can protect themselves

Mis-selling: How buyers can protect themselves

Rediff.com12 Sep 2016

While regulators are trying to do their bit, the onus is on you to prove it.

Oil prices bounce on China stock rebound, strong economic data

Oil prices bounce on China stock rebound, strong economic data

Rediff.com9 Jul 2015

oil market remained under pressure and big gains are unlikely.

Jobs still elude Goans

Jobs still elude Goans

Rediff.com6 Feb 2017

The Goa Investment Promotion and Facilitation Board, the BJP's brainchild, has been able to create only 1,500 jobs

The lost and now 'found' Saraswati river

The lost and now 'found' Saraswati river

Rediff.com8 Nov 2018

This Haryana village believes it has 'found' the Saraswati river of the Vedas.

What the PM said on 31/12: A fact check

What the PM said on 31/12: A fact check

Rediff.com2 Jan 2017

PM extended some old schemes and finally said yes to one that was legally mandated for past 2 years.

New real estate law strikes fear among builders

New real estate law strikes fear among builders

Rediff.com18 Oct 2016

New law could pose challenges of cost escalation, increased paperwork, fear developers.

Crores spent yet Yamuna remains dirty

Crores spent yet Yamuna remains dirty

Rediff.com23 Feb 2014

A parliamentary panel has noted that Yamuna river seems "dirtier" than before despite Rs 6,500 crore having been spent on its clean-up even as a project to lay interceptor sewers along the three major drains of Delhi suffers delays.

'Sabarimala issue is dividing Hindu society'

'Sabarimala issue is dividing Hindu society'

Rediff.com17 Oct 2018

'The first time a ban on women aged between 10 and 50 entering Sabarimala came was in 1991 and was by a high court judgment.' 'So, it is only a 27-year-old ban.' 'The high court can fix customs and the Supreme Court can overturn it.' 'I don't see this as an attack on religious freedom or the practice of a religion.'

Cricket Buzz: ICC probes UAE T20 league

Cricket Buzz: ICC probes UAE T20 league

Rediff.com31 Jan 2018

"There is currently an ICC Anti-Corruption Unit (ACU) investigation underway in relation to the Ajman All Stars League held recently in Ajman, UAE," ACU general manager Alex Marshall said in a statement.

Pak money changer involved in 26/11 labelled 'global terrorist'

Pak money changer involved in 26/11 labelled 'global terrorist'

Rediff.com28 Aug 2014

The United States has labelled a Pakistan-based money changer as a "global terrorist" for providing financial services to the banned Lashkar-e-Tayiba terror group that has been involved in a series of terrorist attacks in India, including the 2008 Mumbai attacks that left 166 people dead.

'I would hire Arnab Goswami, but who will pay his salary?'

'I would hire Arnab Goswami, but who will pay his salary?'

Rediff.com5 Nov 2016

'People don't want to watch a screaming channel if given a decent alternative.'

Triple talaq 'cruel' and 'most demeaning', says Allahabad HC

Triple talaq 'cruel' and 'most demeaning', says Allahabad HC

Rediff.com8 Dec 2016

The high court further observed that the triple talaq practice, sanctioned under Muslim Personal Law that governs marriage, property and divorce violates the rights of Muslim women.

E-voting lapses under Sebi lens

E-voting lapses under Sebi lens

Rediff.com23 Mar 2015

The regulator's concern arises from several recent instances.

Pandering of so-called wilful defaulters is peculiar to India

Pandering of so-called wilful defaulters is peculiar to India

Rediff.com11 Jan 2018

Despite the Indian government's recent efforts anecdotal evidence indicates that there has been little change in the extortionist behaviour of a significant proportion of tax and police officials, says Jaimini Bhagwati.

CRPF gets new chief days after Sukma attack

CRPF gets new chief days after Sukma attack

Rediff.com26 Apr 2017

Bhatnagar is expected to take charge of the CRPF later this week as he is on an official assignment in Indonesia in the capacity of NCB DG.

Trump on the campaign trail in India

Trump on the campaign trail in India

Rediff.com17 Feb 2020

'Another rejection of mediation between India and Pakistan will leave Mr Trump disappointed.' 'In that case, he is likely to point out the war-like situation on the border and press for direct talks which have been stalled on account of continuing terrorism from Pakistan,' notes Ambassador T P Sreenivasan.