News for 'Central Board of Directors'

22 names recommended for ED posts at banks

22 names recommended for ED posts at banks

Rediff.com18 Jun 2018

These recommendations are based on interactions held by the Banks Board Bureau with eligible candidates from PSBs towards appointment against vacancies in PSBs for the period 2018-19

'I am still waiting for Manoj Bajpayee's career to start'

'I am still waiting for Manoj Bajpayee's career to start'

Rediff.com18 Jul 2016

'Apart from Satya -- which was a very good film -- Manoj Bajpayee has not featured in any hit in the 10-12 years of his career. Who is he to talk about my career? He should worry about his own.' CBFC chief Pahlaj Nihalani lashes out.

Sarkar row 'comes to an end' as 'objectionable' scenes deleted

Sarkar row 'comes to an end' as 'objectionable' scenes deleted

Rediff.com10 Nov 2018

Madras high court on Friday restrained the police from arresting the film's director A R Murugadoss till November 27.

Why Bihar's Jobless Youth Are Angry

Why Bihar's Jobless Youth Are Angry

Rediff.com28 Jan 2022

'It is our right to protest and draw the attention of this government, which is sleeping and appears blind, as it has failed to see the pain and struggle of the jobless youth.'

RBI refuses to share inspection reports with intel agencies

RBI refuses to share inspection reports with intel agencies

Rediff.com3 Mar 2015

RBI has cited "legal impediments" in sharing the reports.

Chidambaram flays govt after I-T, ED lens on son?s associates

Chidambaram flays govt after I-T, ED lens on son?s associates

Rediff.com2 Dec 2015

CBDT stated the searches were on a group based at Chennai and Tiruchirappalli, strictly in line with the Income Tax Act

Chanda Kochhar's sacking: RBI defends its decision

Chanda Kochhar's sacking: RBI defends its decision

Rediff.com18 Dec 2019

The central bank filed an affidavit in response to a petition filed by Kochhar last month, challenging her ouster as the chief executive and managing director of ICICI Bank months after she voluntarily left the private sector lender. The bank, while terminating her employment, also denied her remuneration and rescinded the bonuses and stock options given to her from April 2009 to March 2018. She was accused of playing a role in grant of out-of-turn loans of Rs 3,250 crore to Videocon Group, which allegedly benefited her husband, Deepak Kochhar.

Sharad, Ajit Pawar booked in Rs 25,000 cr bank scam

Sharad, Ajit Pawar booked in Rs 25,000 cr bank scam

Rediff.com24 Sep 2019

The ED slapped criminal charges of money laundering on the basis of the Mumbai Police FIR that was filed in August this year, which itself was filed on the basis of a similar complaint by the state economic offences wing.

With Air India, Tatas get a stake in Kerala's Cochin airport

With Air India, Tatas get a stake in Kerala's Cochin airport

Rediff.com9 Dec 2021

As the Tata group inches closer to taking over Air India in January 2022, the $242-billion conglomerate will also inherit a stake in Kerala's Cochin airport. The Tatas would become the only airline to have an operational stake in a major Indian airport. The airport is a strategic hub connecting India to Middle East nations - home to the largest share of Indian migrant workers. In addition to Air India and Air India Express, private carrier Indigo also uses Cochin to ferry the lucrative 'Malayali Gulf traffic' to multiple locations like Jeddah, Riyadh, Sharjah, Dubai, Abu Dhabi, Doha, Kuwait and Bahrain, among others. According to regulatory filings, Air India has a three per cent stake in Cochin International Airport.

12 dead in stampede at Vaishno Devi during New Year rush

12 dead in stampede at Vaishno Devi during New Year rush

Rediff.com1 Jan 2022

Jammu and Kashmir Director General of Police Dilbag Singh told PTI that preliminary information from the scene suggests there was a minor altercation among some young boys, and within seconds, there was a stampede situation.

Govt says RBI did not consult it over important decisions

Govt says RBI did not consult it over important decisions

Rediff.com30 Oct 2018

'The PCA framework was revised and tightened in April 2017, but there was no discussion in any board meeting. The government does not know the rationale behind revising the framework and how the RBI arrived at it. Similarly, there was no discussion in the board meeting on the revised NPA framework,' said an official.

China backs resolution for probe into coronavirus origin

China backs resolution for probe into coronavirus origin

Rediff.com18 May 2020

India is among 120 countries which backed the draft resolution put forward by the European Union and several other countries.

Cannot pass order on PM biopic at this stage: SC

Cannot pass order on PM biopic at this stage: SC

Rediff.com8 Apr 2019

The apex court said it will hear the matter on Tuesday and possibly can pass an order if the petitioner brings on record that what the film depicts is highly objectionable.

Is ICICI's Chanda Kochhar on her way out?

Is ICICI's Chanda Kochhar on her way out?

Rediff.com18 Jun 2018

The ICICI board, which consists 12 members, is divided on whether Kochhar should be on leave during the internal enquiry

Beware of Xi's secret army!

Beware of Xi's secret army!

Rediff.com22 Jan 2021

India, Taiwan and countries with large numbers of Tibetans, Uyghurs and overseas Chinese will be prominent among those that witness elevated United Front activity, notes Jayadeva Ranade, the distinguished China expert and retired RAW officer.

T+1, peak margin norms in interest of investors: Sebi

T+1, peak margin norms in interest of investors: Sebi

Rediff.com17 Sep 2021

Securities and Exchange Board of India (Sebi) chairman Ajay Tyagi on Thursday defended the recent reforms announced by the regulator, such as peak margin norms and shortening of the trade settlement cycle, saying they were in the interest of investors. The moves were criticised by the broking community and the foreign portfolio investors (FPIs). Speaking to the media after his inaugural address at the CII Financial Markets Summit, Tyagi said: "The new peak margin norms are in everyone's interest.

End of paper trail in e-filing of I-T returns

End of paper trail in e-filing of I-T returns

Rediff.com17 Apr 2015

The new measure will ease the process of quick generation of refunds of taxpayers.

Where have all the women bankers gone?

Where have all the women bankers gone?

Rediff.com7 Jan 2020

Women dominate Indian banks's clerical and officer rolls, but few make it to the executive office these days, notes Tamal Bandyopadhyay.

Misusing NGOs: 188 foreign donors under lens for laundering

Misusing NGOs: 188 foreign donors under lens for laundering

Rediff.com8 Apr 2015

The list has been handed over to Enforcement Directorate.

From flashy diamantaire to fugitive: Nirav Modi's long road to extradition

From flashy diamantaire to fugitive: Nirav Modi's long road to extradition

Rediff.com25 Feb 2021

The diamond merchant wanted in India on charges of fraud and money laundering in the estimated $2-billion Punjab National Bank scam case, lost his legal battle against extradition as a UK judge ruled that he does have a case to answer before the Indian courts.

Tax notice on free banking services may be withdrawn

Tax notice on free banking services may be withdrawn

Rediff.com10 May 2018

Every bank offers a different slab of minimum balance to customers, based on which 'free services' are provided

E-assessment of taxpayers will be done via video

E-assessment of taxpayers will be done via video

Rediff.com14 Sep 2019

The new scheme came into effect on Thursday. However, even after a scrutiny assessment, appeals will continue to be done through personal representation.

Investment in penny stocks under tax scanner

Investment in penny stocks under tax scanner

Rediff.com19 Mar 2016

CBDT to reopen cases, conduct detailed inquiry of taxpayers who invested in such shares

Why Urjit Patel met PM Modi

Why Urjit Patel met PM Modi

Rediff.com12 Nov 2018

The meeting came amid a face-off between the central bank and the finance ministry over issues ranging from appropriate size of reserves that RBI must maintain to ease of lending norms to step up growth in an election year.

Benami Act: All property registrations over Rs 30 lakh under scanner

Benami Act: All property registrations over Rs 30 lakh under scanner

Rediff.com14 Nov 2017

The top boss of the I-T department said that till now, the taxman has attached 621 properties, including some bank accounts, and the total amount involved in these cases, being probed under the Benami Transactions Act, is about Rs 1,800 crore.

Govt's 'snooping' order headed to SC

Govt's 'snooping' order headed to SC

Rediff.com22 Dec 2018

'With the top court's judgment declaring the Right to Privacy a Fundamental Right, the powers under the provision need to be looked afresh.' 'To utilise such sweeping powers in the right manner will also be a challenge.'

IRCTC scam: Bail granted to Lalu's wife Rabri, son Tejashwi

IRCTC scam: Bail granted to Lalu's wife Rabri, son Tejashwi

Rediff.com6 Oct 2018

The court granted bail to Rabri and Tejashwi Yadav in the CBI case on a personal bond of Rs 1 lakh and a surety of a like amount.

'Raj was such a great guy'

'Raj was such a great guy'

Rediff.com30 Jun 2021

'Raj was such a fun jovial guy, full of life.'

Benami property transactions on I-T radar

Benami property transactions on I-T radar

Rediff.com31 Dec 2016

Income tax officials have directed property dealers and registration authorities to prepare a list of top property deals that have taken place in the last three years.

'I respect Bhushan, Jethmalani but I'm not the kind of man they allege'

'I respect Bhushan, Jethmalani but I'm not the kind of man they allege'

Rediff.com9 Jun 2015

K V Chowdary, who is set to take over as the new Chief Vigilance Commissioner on Tuesday said he has full respect for both Prashant Bhushan and Ram Jethmalani, who have opposed his appointment to the top post in the country's apex anti-corruption watchdog.

RBI ushers in on-tap bank licence

RBI ushers in on-tap bank licence

Rediff.com2 Aug 2016

A senior official with Muthoot Finance said the group would also want to apply for a universal licence.

An RBI governor, two finance ministers and a quiet war

An RBI governor, two finance ministers and a quiet war

Rediff.com30 Oct 2018

Duvvuri Subbarao recounts how his tensions with P Chidambaram and Pranab Mukherjee, then finance ministers, over monetary policy spilled over into other issues in the central bank in this excerpt from Who Moved My Interest Rate?, his memoir of his term as Reserve Bank of India governor.

16 injured as 2 trains collide in Hyderabad

16 injured as 2 trains collide in Hyderabad

Rediff.com11 Nov 2019

The pilot of the MMTS train was trapped in his cabin, which was badly mangled, and efforts were on to rescue him, they said.

500-bed ITBP Covid centre to be reopened in Delhi

500-bed ITBP Covid centre to be reopened in Delhi

Rediff.com22 Apr 2021

Indo-Tibetan Border Police director general S S Deswal said that the force is putting together the manpower for the facility that was first operationalised in June-July last year when COVID-19 cases in Delhi were witnessing a steep rise.

Top bureaucrat takes a jibe at RBI

Top bureaucrat takes a jibe at RBI

Rediff.com3 Nov 2018

Economic Affairs Secretary Subhash Garg is the finance ministry's primary liaison with the RBI.

Why India is losing out on its fight against black money

Why India is losing out on its fight against black money

Rediff.com12 Nov 2014

The absence of criminal legal treaties between India and tax haven nations have been cited by probe agencies working in the SIT on black money as one of the major impediments in initiating steps to bring back illegal funds stashed abroad by Indians.

Chidambaram gets interim relief from CBI in Aircel-Maxis case

Chidambaram gets interim relief from CBI in Aircel-Maxis case

Rediff.com30 May 2018

P Chidambaram's son Karti was arrested on February 28 at the Chennai airport on his return from the United Kingdom, for his alleged role in facilitating Foreign Investment Promotion Board clearance for INX Media Ltd. and its directors, Peter and Indrani Mukerjea.

Borrowers, investors, beware these GST red flags

Borrowers, investors, beware these GST red flags

Rediff.com27 Jun 2018

GST will now apply to mutual funds, loan instalments and credit card dues.

IOC Chairman Butola may get extension

IOC Chairman Butola may get extension

Rediff.com14 Jan 2014

Besides PESB selected chairman designate B Ashok (currently Executive Director retail sales in IOC) having no board experience, the case for extending Butola's service is more compelling because all the other six directors on board of the nation's largest oil firm are retiring in next one year.

RBI curbs on PMC Bank spreads panic among customers

RBI curbs on PMC Bank spreads panic among customers

Rediff.com24 Sep 2019

As per the RBI directions to PMC Bank, withdrawals have been capped at Rs 1,000 per account and the bank is not allowed to make any fresh loans.