News for 'Court Funds Office'

Saradha scam: Matang Sinh sent to police custody for 5 days

Saradha scam: Matang Sinh sent to police custody for 5 days

Rediff.com7 Feb 2015

The former union minister has been remanded to custody for 5 days.

TMC MP Sudip Bandyopadhyay granted conditional bail

TMC MP Sudip Bandyopadhyay granted conditional bail

Rediff.com19 May 2017

Bandyopadhyay had approached the high court in February seeking regular bail on health grounds.

Sheila Dikshit moves HC to save herself

Sheila Dikshit moves HC to save herself

Rediff.com3 Sep 2013

Appearing before a bench of Chief Justice N Venkata Ramana and Justice Pradeep Nandrajog, Additional Solicitor General Siddharth Luthra mentioned the plea saying, "There is an urgency in the matter and let it be heard today itself".

SC accepts Lodha proposals on administrative changes in BCCI

SC accepts Lodha proposals on administrative changes in BCCI

Rediff.com18 Jul 2016

The Supreme Court accepted major recommendations of the Lodha Committee on reforms in the Board of Control for Cricket in India, including a bar on ministers and civil servants and those above 70 from becoming its members, but left it to Parliament to decide whether it should come under RTI and betting on the game should be legalised.

UNHEARD Voices from the Lockdown

UNHEARD Voices from the Lockdown

Rediff.com21 Jun 2021

While those who attended 'Livelihoods in Lockdown' learnt a lot, was anyone from the government listening?

If govt has its way your take-home pay may decline

If govt has its way your take-home pay may decline

Rediff.com21 Jun 2018

While some trade union leaders have welcomed the move, industry has opposed it, fearing an increase in its wage bill

Here's some good news for central govt employees

Here's some good news for central govt employees

Rediff.com24 May 2019

Now govt employees to enjoy greater say in how their NPS corpus is invested. Younger employees should raise their allocation to equities in this very long-term investment instrument

When SC suggested a CBI probe against CBI

When SC suggested a CBI probe against CBI

Rediff.com14 Sep 2015

There should be "a CBI probe against CBI", the Supreme Court remarked on Monday as it blamed the agency for its constant refrain about severe manpower deficit, saying it had itself shown apathy towards filling up these vacancies leading to a shortfall of investigators.

Yunus summoned over unpaid tax of $1.5 million

Yunus summoned over unpaid tax of $1.5 million

Rediff.com24 Mar 2015

The Nobel laureate filed an application before the High Court.

Property transfers through PoA not valid

Property transfers through PoA not valid

Rediff.com29 Nov 2019

An income tax tribunal held that the PoA could not be construed as an instrument of transfer concerning any right, title, or interest in the immovable property.

Green policy flip-flops spook foreign investment firms

Green policy flip-flops spook foreign investment firms

Rediff.com26 Feb 2021

Foreign investment firms, especially private equity, are jittery about the Indian market as uncertainty continues to shroud the energy sector.

Saradha scam: Former TMC MP interrogated again

Saradha scam: Former TMC MP interrogated again

Rediff.com14 Feb 2015

CBI sources said Bose was interrogated for more than three hours.

Rana Kapoor: The banker who said 'YES' to a chosen few

Rana Kapoor: The banker who said 'YES' to a chosen few

Rediff.com19 Mar 2020

The bank was worth over Rs 80,000 crore as recently as September 2017. The lender had grown at breakneck speed, helped perhaps by Rana Kapoor's reputation as a banker, willing to aggressively write checks.

'Unless someone is to be hanged, evicted': CJI Ranjan Gogoi on urgent hearings

'Unless someone is to be hanged, evicted': CJI Ranjan Gogoi on urgent hearings

Rediff.com3 Oct 2018

"We will work out the parameters then we will see as to how mentioning will be done," he said.

Chidambaram to remain in jail as HC dismisses his bail plea

Chidambaram to remain in jail as HC dismisses his bail plea

Rediff.com15 Nov 2019

Justice Suresh Kait said that wrong message will be sent to the society if bail is granted to Chidambaram in this case.

SC directs Karti Chidambaram to appear before CBI on Aug 23

SC directs Karti Chidambaram to appear before CBI on Aug 23

Rediff.com18 Aug 2017

A bench comprising Chief Justice J S Khehar and Justice D Y Chandrachud allowed Karti to be accompanied by a lawyer at the CBI headquarters during the questioning.

An RBI model for the Securities Market?

An RBI model for the Securities Market?

Rediff.com12 Aug 2021

If raters get away by moving from AAA to D overnight after companies default, as happened with DHFL, YES Bank, RCom, and IL&FS, it shows a complete breakdown in the rating system. It calls for exemplary punishment, not kid glove treatment, says Debashis Basu.

CBI, ED seek Chidambaram's custody in INX Media case

CBI, ED seek Chidambaram's custody in INX Media case

Rediff.com25 Jan 2019

Solicitor General Tushar Mehta, representing CBI and ED, contended that the Congress leader was evasive during interrogation and was giving long answers.

Will EPS Reign Supreme in AIADMK?

Will EPS Reign Supreme in AIADMK?

Rediff.com25 Jun 2022

EPS' real test will commence with a decision whether or not to patch up with OPS and on what terms -- and then, to decide whether or not to have the BJP for an electoral ally, come 2024, observes N Sathiya Moorthy.

Company set up by Kochhar bros failed to repay Rs 30 crore loans

Company set up by Kochhar bros failed to repay Rs 30 crore loans

Rediff.com19 Apr 2018

Kochhar brothers stepped down from the board of Credential Finance by 2009. While Deepak Kochhar started NuPower Renewables, Rajiv set up Avista Advisory Group

How things are changing for the PE big boys in India

How things are changing for the PE big boys in India

Rediff.com21 Sep 2018

Instead of the minority stake they held earlier, now they have controlling stake in many firms

Mallya's extradition expected within 28 days

Mallya's extradition expected within 28 days

Rediff.com14 May 2020

The UK Crown Prosecution Service said Mallya's appeal to certify a point of law was rejected on all three counts, of hearing oral submissions, grant a certificate on the questions as drafted, and grant permission to appeal to the Supreme Court.

Danger grows as Xi made 'Chairman of Everything'

Danger grows as Xi made 'Chairman of Everything'

Rediff.com15 Nov 2021

Support from the committee gives Xi an indefinite extension on the reins of power, which will surely result in hawkish and insular policies. It does not bode well for relations with the USA, or with anyone else who does not bow the knee to Beijing, for that matter.

Hazards of investing in ponzi schemes

Hazards of investing in ponzi schemes

Rediff.com1 Jul 2019

The news of Bengaluru-based IMA cheating thousands once again underlines the need for investors to steer clear of unregulated deposit schemes. The most important sign of a Ponzi scheme is the promise of exorbitant returns and so investors must ask how the promoter expects to earn the kind of return he is promising, says Sanjay Kumar Singh.

SC denies bail to Lalu Prasad in fodder scam case

SC denies bail to Lalu Prasad in fodder scam case

Rediff.com10 Apr 2019

The bench rejected Yadav's arguments that he has been in jail for 24 months, saying in comparison to the 14-year sentence awarded to him, 24 months was nothing.

'It's strange CBI is asking for evidence after 4 years'

'It's strange CBI is asking for evidence after 4 years'

Rediff.com6 Feb 2019

'Why didn't the CBI ask for the evidence earlier?' 'Why has it suddenly becoming imminent.'

The case that led to Chidambaram's downfall

The case that led to Chidambaram's downfall

Rediff.com22 Aug 2019

Chidambaram has not been named as an accused in the FIR and the CBI is yet to file a chargesheet in the matter.

Nitish recommends CBI probe in scam which RJD alleged involves Sushil Modi

Nitish recommends CBI probe in scam which RJD alleged involves Sushil Modi

Rediff.com17 Aug 2017

RJD chief Lalu Prasad Yadav demanded the Bihar CM to sack his deputy and lodge a case against him and arrest him.

Biocon chief: Sebi's insider trading laws need an overhaul

Biocon chief: Sebi's insider trading laws need an overhaul

Rediff.com26 Jul 2021

When Biocon chairperson Kiran Majumdar-Shaw - well known for raising issues ranging from lack of civic services in Bengaluru to climate change - decided to take on the Indian stock market regulator, the Securities and Exchange Board of India (Sebi), she forced the Indian corporate world and legal community to take notice. In an interview to Business Standard, Majumdar-Shaw called a Sebi order to impose a fine on insider trading charges against a Biocon employee and an external consultant an "Agatha Christie" fiction, which destroyed the reputation of "innocent people". "The order is pure harassment and has caused huge reputational damage to us and goes against the principles of good governance promised by this government," Mazumdar-Shaw said. "We will certainly appeal this," she added.

Robert Vadra's interim bail extended till March 2

Robert Vadra's interim bail extended till March 2

Rediff.com16 Feb 2019

Vadra, on Facebook termed as "witch hunt" the Enforcement Directorate's action of attaching assets of a firm linked to him, and claimed that it showed "complete misuse of assertion of power".

CBI opposes Lalu's bail plea in SC

CBI opposes Lalu's bail plea in SC

Rediff.com9 Apr 2019

The CBI said the RJD leader is likely to get involved in political activities and misuse the grant of bail ahead of upcoming Lok Sabha polls.

Is there a Rs 1.25 trillion hole in the EPS?

Is there a Rs 1.25 trillion hole in the EPS?

Rediff.com17 Jan 2018

'How is the scheme running despite running such massive deficits?' 'This is because the number of new members are much more than earlier members who are drawing pension.' 'If this was done by a private organisation, it would have been called a Ponzi scheme in which the contribution by new members is being used to pay off old members,' says Harsh Roongta.

How will Modi deal with 'Dravidian' Stalin?

How will Modi deal with 'Dravidian' Stalin?

Rediff.com16 Jun 2021

Indications are that Modi will have words of encouragement for Stalin, and the meeting is likely to be much less acrimonious than critics of either would want it to be. notes N Sathiya Moorthy.

No performance incentive for Team India due to SC order

No performance incentive for Team India due to SC order

Rediff.com21 Dec 2016

The BCCI has always announced handsome performance incentives over the year whenever the senior or U-19 teams have done well in bilateral series or limited overs tournament but in current scenario, the richest cricket board's hands are tied as per Supreme Court order. The Supreme Court of India has passed an order that limits the BCCI's financial freedom and power until the board and its state associations comply with the Lodha Committee's recommendations.

Pakistan's devotion to LeT's Saeed runs deep

Pakistan's devotion to LeT's Saeed runs deep

Rediff.com13 Jan 2021

The perpetrators of the 2008 Mumbai attack, who shot dead 166 people, had confessed to details that should have been enough to hang him, but Pakistan enjoyed his anti-India rhetoric and let him spread his tentacles. A revealing excerpt from Khaled Ahmed's Pakistan's Terror Conundrum.

Azam Khan, Muslims and UP Politics

Azam Khan, Muslims and UP Politics

Rediff.com12 Aug 2021

True, Azam Khan is being targeted rather disproportionately and also because of his Muslim identity. That must be protested and resisted. But to say that he is a big messiah, and his profit-making educational enterprise is an issue concerning all Muslims of India, is absolutely unjustified, assert Mohammad Sajjad and Md Mohammad Zeeshan Ahmad.

Rs 43,000 cr! That's how much banks didn't pass on to borrowers

Rs 43,000 cr! That's how much banks didn't pass on to borrowers

Rediff.com20 Nov 2020

The RBI, which has no interest or mechanism to get feedback from bank customers, is unaware of this. If made aware, it remains silent, proving that it has no problem in allowing lenders to short-change its customers, says Debashis Basu.

Saradha scam: ED summons Nalini Chidambaram

Saradha scam: ED summons Nalini Chidambaram

Rediff.com24 Aug 2016

The particular matter with Nalini pertains to the legal fee paid to her by the Saradha group.

Hyderabad encounter: NHRC begins on-the-spot probe

Hyderabad encounter: NHRC begins on-the-spot probe

Rediff.com7 Dec 2019

The apex human rights body in the country had taken cognisance of the encounter killings, saying it was a matter of concern and needed to be investigated carefully.

If Voda-Idea goes belly-up, shareholders will lose Rs 1.68 trillion

If Voda-Idea goes belly-up, shareholders will lose Rs 1.68 trillion

Rediff.com21 Nov 2019

Collapse of the mobile operator could translate into total loss of nearly Rs 44,000 crore for the AV Birla group.