News for 'Executive Branch'

2 cases against CJP's Ranka, Das transferred to Crime Branch

2 cases against CJP's Ranka, Das transferred to Crime Branch

Rediff.com3 days ago

Delhi Police has transferred another case against Cockroach Janta Party (CJP) leaders Saurav Das and Ashutosh Ranka to the Crime Branch, bringing the total to two cases. The leaders were detained on October 13 for trespassing at Jantar Mantar, a denotified protest site, and were later sent to judicial custody.

HDFC Bank launches internal probe into alleged data leak by two senior executives

HDFC Bank launches internal probe into alleged data leak by two senior executives

Rediff.com3 days ago

HDFC Bank has initiated an internal enquiry into the alleged leak of confidential information by two senior executives, with investigators examining whether the disclosed information was misused.

Aditya Birla Capital targets 1,000 gold loan branches in three years

Aditya Birla Capital targets 1,000 gold loan branches in three years

Rediff.com20 Aug 2026

Aditya Birla Capital has entered the gold loan business, aiming to establish 1,000 branches within three years, capitalising on the strong structural growth and surge in demand for gold-backed credit in India.

H-1B visa 'completely broken', should be scrapped: Vance

H-1B visa 'completely broken', should be scrapped: Vance

Rediff.com2 Oct 2026

US Vice President J D Vance has labelled the H-1B visa programme as "completely broken" and expressed support for its total abolition. He argues that corporations exploit the system to replace American workers with cheaper international staff, rather than bringing in elite talent. Vance also defended the controversial $100,000 levy on certain H-1B petitions, viewing it as a deterrent against cost-cutting exploitation.

Mumbai Police Reveal Details In Tiger Shroff Shooting Case

Mumbai Police Reveal Details In Tiger Shroff Shooting Case

Rediff.com5 days ago

Mumbai Police have confirmed that none of the three accused in the Tiger Shroff shooting case are minors, with two assailants firing multiple rounds at the actor's car. The suspects, aged 18 and 22, were apprehended in Kota, Rajasthan, following an inter-state operation. The motive behind the attack remains unknown, and investigations are ongoing, with the Anti-Extortion Cell taking over the case.

Mumbai Police Seize Rs 15.87 Crore Drugs, Arrest 21 In Anti-Narcotics Drive

Mumbai Police Seize Rs 15.87 Crore Drugs, Arrest 21 In Anti-Narcotics Drive

Rediff.com16 Oct 2026

Mumbai Police conducted a two-day anti-narcotics operation, seizing drugs worth Rs 15.87 crore, arresting 21 absconding accused, and registering 72 cases. The drive, part of the 'Drug-Free Mumbai' and 'Nasha Mukt Bharat Abhiyan' campaigns, also saw the invocation of MCOCA against a drug syndicate and the demolition of illegal structures.

FCNR(B) Inflows Squeeze Private Bank Margins in Q2, Recovery Expected

FCNR(B) Inflows Squeeze Private Bank Margins in Q2, Recovery Expected

Rediff.com5 days ago

Leading private banks in India, including HDFC Bank, ICICI Bank, and Axis Bank, experienced a decline in net interest margins (NIMs) during the second quarter of the financial year due to significant deposit mobilisation under the Foreign Currency Non-Resident (Bank), or FCNR (B), scheme. However, banks anticipate a recovery in margins in the coming quarters as these funds are deployed and the interest-rate cycle supports lending yields.

Banks Brace for 3-Day Strike

Banks Brace for 3-Day Strike

Rediff.com22 Sep 2026

Bankers said the impact could become more visible from September 29 as customers could withdraw larger amounts of cash, although ATM operations are increasingly managed through third-party cash-loading arrangements.

Tiger Shroff shooters were planning to flee to Nepal via Delhi

Tiger Shroff shooters were planning to flee to Nepal via Delhi

Rediff.com5 days ago

Three individuals, including a minor, suspected of involvement in the firing incident at actor Tiger Shroff's car, were detained in Kota, Rajasthan, while attempting to flee to Nepal. The suspects, identified as Ritik and Rehan, were caught on a train from Mumbai after Mumbai Police shared intelligence with Rajasthan counterparts. The Lawrence Bishnoi gang has claimed responsibility for the attack, though authenticity is unconfirmed.

Tiger Shroff firing: 3 suspects caught on train in 15-minute Kota op

Tiger Shroff firing: 3 suspects caught on train in 15-minute Kota op

Rediff.com5 days ago

Three suspects have been detained in Kota, Rajasthan, in connection with the recent firing incident targeting actor Tiger Shroff's car in Mumbai, as police investigate the alleged involvement of the notorious Lawrence Bishnoi gang.

Gangster Link In Najafgarh Firing: Six Arrested For Rs 5-Crore Extortion Bid

Gangster Link In Najafgarh Firing: Six Arrested For Rs 5-Crore Extortion Bid

Rediff.com15 Oct 2026

Six men have been arrested for their alleged involvement in a firing incident at a medical store in southwest Delhi's Najafgarh last month. Investigators suspect the attack was carried out over a Rs 5-crore extortion demand linked to gangster Kapil Sangwan. The arrested individuals played various roles in the conspiracy, from procuring firearms to executing the shooting.

Police Detain Suspects In Tiger Shroff Firing Case

Police Detain Suspects In Tiger Shroff Firing Case

Rediff.com5 days ago

Three individuals, including a minor, allegedly involved in the firing incident at actor Tiger Shroff's car in Mumbai, were detained in Kota, Rajasthan. Police intercepted them on a train, revealing a connection to an alleged associate of the Lawrence Bishnoi gang and a plan to flee to Nepal. Mumbai Police are now taking custody of the suspects for further investigation.

Uddhav Sena leader's murder: Shooter, aide nabbed from Maha's Raigad

Uddhav Sena leader's murder: Shooter, aide nabbed from Maha's Raigad

Rediff.com2 Oct 2026

Police in Thane have arrested two key suspects, including the alleged shooter, in connection with the murder of Shiv Sena (UBT) leader Pradeep Purnekar. The arrests of Nikhil Yadav and Nitesh Pawar followed technical surveillance, providing crucial leads into the crime that had previously caused tensions among party workers. Investigations are ongoing to determine the motive and apprehend the remaining absconding suspects, with the victim's son accusing a former Thane mayor and her husband of involvement.

PNB targets wealth management entry by 2027, ramps up credit card portfolio

PNB targets wealth management entry by 2027, ramps up credit card portfolio

Rediff.com11 Sep 2026

State-run Punjab National Bank (PNB) is strategically planning to enter the wealth management segment by early 2027 and significantly expand its credit card portfolio, aiming to tap into lucrative markets largely dominated by private-sector banks.

Samsung India begins job cuts; trims workforce at senior level

Samsung India begins job cuts; trims workforce at senior level

Rediff.com8 Sep 2026

Samsung India Electronics has initiated job cuts in its Consumer Electronics (CE) division, laying off 8-10 mid-to-senior-level employees with plans to let go of another 40-50 staff. This move is part of a cost-rationalisation exercise driven by rising input costs, muted consumer demand, and intense competition from rival Korean and Chinese players.

'Every Soldier Had To Return Home After Surgical Strikes'

'Every Soldier Had To Return Home After Surgical Strikes'

Rediff.com30 Sep 2026

'On two feet or on somebody's back, every soldier had to return'

How To Pick The Right Broker

How To Pick The Right Broker

Rediff.com15 Sep 2026

Investors opening new brokerage accounts must choose a broker suited to their style.

India on watch as Trump may sign Russia sanctions bill today

India on watch as Trump may sign Russia sanctions bill today

Rediff.com19 Sep 2026

US President Donald Trump is expected to sign the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 later on Friday (local time). A White House official confirmed the development to ANI without revealing further details.

HDFC Bank CEO Sashidhar Jagdishan to retire amid governance concerns

HDFC Bank CEO Sashidhar Jagdishan to retire amid governance concerns

Rediff.com29 Aug 2026

Sashidhar Jagdishan, the managing director and chief executive of HDFC Bank, has opted out of being considered for reappointment after his current term ends on October 26, choosing to retire after nearly three decades with the lender.

New 'boss' scam to dupe corporate employees busted

New 'boss' scam to dupe corporate employees busted

Rediff.com18 Aug 2026

Ahmedabad Cyber Crime Branch has uncovered a Rs 1.5 crore WhatsApp fraud, leading to the arrest of two key SIM and OTP suppliers in West Bengal. The investigation revealed a sophisticated international cybercrime network spanning China, Pakistan, India, and Hong Kong, operating a "boss scam" and utilizing a "Cybercrime as a Service" model. Police recovered a significant portion of the defrauded amount and secured thousands of devices.

What If the Biggest Bank Fraud Risk Is An Employee?

What If the Biggest Bank Fraud Risk Is An Employee?

Rediff.com21 Aug 2026

Bank fraud is no longer just an external cyber threat -- insiders with legitimate access can exploit banking systems, trusted credentials and institutional blind spots to quietly siphon money.

How Bank Staff Exploit Depositors' Trust For Fraud

How Bank Staff Exploit Depositors' Trust For Fraud

Rediff.com12 Aug 2026

A sophisticated cross-bank syndicate is systematically defrauding non-resident Indians (NRIs) and elderly citizens by exploiting their fixed deposits through forged documents and fictitious loans, often involving colluding bank employees and real estate deals.

Bajaj Finance's Strong Q1 FY27 Performance Driven by AUM Growth, Digital Initiatives

Bajaj Finance's Strong Q1 FY27 Performance Driven by AUM Growth, Digital Initiatives

Rediff.com9 Aug 2026

Bajaj Finance reported a strong Q1 FY27 performance with 24 per cent year-on-year AUM growth and a 28 per cent rise in consolidated profit after tax, driven by significant increases in consumer financing, gold loans, and commercial vehicle loans, alongside a strategic focus on digital transformation and AI.

Manappuram Finance transitions to professional leadership, names Ashish Singh CEO

Manappuram Finance transitions to professional leadership, names Ashish Singh CEO

Rediff.com13 Aug 2026

Manappuram Finance has announced the appointment of Ashish Singh as its new managing director and chief executive officer, effective January 1, 2027, marking a significant shift from its family-led governance structure.

Ahmedabad Crime Branch Nabs Suspect in Chhattisgarh Murder-Robbery Case

Ahmedabad Crime Branch Nabs Suspect in Chhattisgarh Murder-Robbery Case

Rediff.com21 Mar 2026

Ahmedabad Crime Branch arrested a man allegedly involved in a 2021 murder-robbery case in Chhattisgarh. The suspect, Ajaykumar alias Laxmisagar alias Kimtishree Rajnarayan Mishra, was wanted for the murder of Shakuntala Devi.

Drishyam: The Conclusion: From The Crime Scene To The Trailer Launch

Drishyam: The Conclusion: From The Crime Scene To The Trailer Launch

Rediff.com10 Sep 2026

A nostalgic trip through Goa reveals the real locations, conversations and behind-the-scenes stories that shaped Drishyam: The Conclusion.

Why Were 3 HDFC Executives Asked To Leave?

Why Were 3 HDFC Executives Asked To Leave?

Rediff.com21 Mar 2026

The controversy involves mis-selling Credit Suisse AT-I bonds to NRIs as fixed-maturity instruments, later written off after collapse.

'Target is to open 80 branches every year for next few years'

'Target is to open 80 branches every year for next few years'

Rediff.com29 Apr 2026

Best in class asset quality, strong retail granularity, and a sustainable return ratio -- these are the things we will look at, says Yes Bank's new MD and CEO Vinay Tonse.

RBI allows banks to link bulk deposit rates to liquidity profile

RBI allows banks to link bulk deposit rates to liquidity profile

Rediff.com31 Jul 2026

The Reserve Bank of India (RBI) has introduced a new framework allowing banks to offer differential interest rates on bulk deposits based on their liquidity characteristics under the Liquidity Coverage Ratio (LCR) framework, while maintaining the principle of uniform pricing across similar deposits.

Is Paying Through Your Bank Safer Than UPI?

Is Paying Through Your Bank Safer Than UPI?

Rediff.com2 Sep 2026

Can your money be protected against online frauds like hacking, digital arrests, etc?

'Unlawful': US court strikes down Trump's $100,000 H-1B visa fee

'Unlawful': US court strikes down Trump's $100,000 H-1B visa fee

Rediff.com9 Jun 2026

A US federal judge has ruled that the USD 100,000 fee imposed by former President Donald Trump for H-1B visa applications was unlawful, as it lacked congressional approval. The ruling states the fee was a tax, exceeding the administration's authority and impacting skilled global talent.

Centre defends CEC law in SC, says PM's integrity cannot be questioned

Centre defends CEC law in SC, says PM's integrity cannot be questioned

Rediff.com30 Jul 2026

Defending the law for regulating appointment procedures of the chief election commissioner and the deputies, the Centre on Thursday told the Supreme Court that it would be wrong to assume that the prime minister and the other ministers would act in "bad faith" and against "democracy" because they have a numerical majority in the selection procedure.

Bank of Baroda to pay $600 million to settle NMC Health litigation

Bank of Baroda to pay $600 million to settle NMC Health litigation

Rediff.com3 Jul 2026

State-owned Bank of Baroda (BoB) has agreed to pay $600 million (about 5,700 crore) to settle litigation arising from the collapse of NMC Health, ending years of cross-border legal proceedings.

US weighs easing Iran oil sanctions to curb global price surge

US weighs easing Iran oil sanctions to curb global price surge

Rediff.com19 Mar 2026

Bessent indicated that the U.S. is evaluating the status of Iranian oil as the current campaign progresses.

Infosys Veteran Ashiss Kumar Dash Appointed CEO Designate, To Succeed Salil Parekh in 2027

Infosys Veteran Ashiss Kumar Dash Appointed CEO Designate, To Succeed Salil Parekh in 2027

Rediff.com23 Jul 2026

Infosys, India's second-largest IT services firm, has appointed company veteran Ashiss Kumar Dash as CEO designate, with the leadership transition scheduled for April 1, 2027, after current CEO Salil Parekh completes his second term.

HC upholds death sentences for 38 IM men in 2008 Ahmedabad serial blasts

HC upholds death sentences for 38 IM men in 2008 Ahmedabad serial blasts

Rediff.com7 Jul 2026

The Gujarat High Court has upheld the death sentences for 38 Indian Mujahideen operatives and life imprisonment for 11 others involved in the 2008 Ahmedabad serial blasts, which killed 56 people. The court also directed the state government to pay significant compensation to victims' families and those grievously injured.

'India is among Standard Chartered's top five wealth markets globally'

'India is among Standard Chartered's top five wealth markets globally'

Rediff.com6 Jul 2026

"With the leverage available, I believe the scheme remains reasonably attractive," said P D Singh, India and South Asia Chief Executive Officer, Standard Chartered Bank, regarding the Foreign Currency Non-Resident (Bank) or FCNR (B) deposits.

Ahmedabad blasts: Why HC upheld death sentence for 38 IM terrorists

Ahmedabad blasts: Why HC upheld death sentence for 38 IM terrorists

Rediff.com14 Jul 2026

A division bench of justices AY Kogje and Samir Dave, in its July 7 judgment cited the "humongous" conspiracy, the intention to spread widespread terror and the large number of casualties as key reasons for affirming the punishment.

Chhattisgarh tribal woman carries 90-yr-old mother-in-law 3 km for pension

Chhattisgarh tribal woman carries 90-yr-old mother-in-law 3 km for pension

Rediff.com24 May 2026

A tribal woman walked nearly 3 km carrying her 90-year-old mother-in-law on her back to a bank to collect the latter's Rs 500 monthly pension, pending for four months due to incomplete KYC (Know Your Customer) formalities, in Chhattisgarh's Surguja district.

Why Modi Wants To Curb NGOs Funding

Why Modi Wants To Curb NGOs Funding

Rediff.com4 Jul 2026

Larger NGOs could no longer work with smaller ones, especially those organisations working on the ground that had no means of or expertise in raising money themselves, reveals Aakar Patel.