News for 'Finance Wing'

Stalin Prepares For Battle Of 2024

Stalin Prepares For Battle Of 2024

Rediff.com6 May 2022

The going is not going to be easy for the DMK and its allies in Elections 2024. Despite the seats sweepstake in the 2021 assembly polls, the vote-share difference of 5.6% (DMK's 45.38% versus AIADMK-BJP's 39.72%) is not insurmountable on a bad day, points out N Sathiya Moorthy.

'Pakistan's backing for Taliban goes back many years'

'Pakistan's backing for Taliban goes back many years'

Rediff.com9 Aug 2021

'Throughout the nearly 20-year US-led war, State sponsorship from Pakistan has been a constant.'

FinMin rejigs tax intelligence arm

FinMin rejigs tax intelligence arm

Rediff.com25 Jan 2010

Commissioners of Income Tax of the Central Information Branch will now report to the intelligence wing, headquartered in the national capital.

Pak's anti-terror court grants bail to Hafiz Saeed

Pak's anti-terror court grants bail to Hafiz Saeed

Rediff.com15 Jul 2019

The Anti-Terrorism Court in Lahore granted interim bail to Saeed and his aides -- Hafiz Masood, Ameer Hamza, and Malik Zafar -- until August 31 against surety bonds of Rs 50,000 each, Dawn newspaper reported.

AIIMS fire: Hospital functional, patients shifted back to wards

AIIMS fire: Hospital functional, patients shifted back to wards

Rediff.com18 Aug 2019

The AIIMS administration has initiated an internal inquiry to look into the cause of the fire and further strengthen preventive measure.

Why this Businessman Quit Kerala

Why this Businessman Quit Kerala

Rediff.com26 Jul 2021

Is there more than meets the eye to Kitex Garments, the world's second-largest children's garment producer, abandoning Kerala for Telangana?

Byju's raises $200 mn in fresh funding; valuation surges to $12 bn

Byju's raises $200 mn in fresh funding; valuation surges to $12 bn

Rediff.com23 Nov 2020

While BlackRock is an existing investor in Byju's, T Rowe joined as a new investor.

12 IAF jets drop 1,000kg bombs on terror camps in Pak: Sources

12 IAF jets drop 1,000kg bombs on terror camps in Pak: Sources

Rediff.com26 Feb 2019

The air strike was carried around 3:30 am, the sources said.

Karti's CA granted bail in INX Media case

Karti's CA granted bail in INX Media case

Rediff.com13 Mar 2018

The HC asked him to furnish a bail bond of Rs two lakh and a surety of like amount.

We are definitely against capitalists: Kerala FM

We are definitely against capitalists: Kerala FM

Rediff.com25 Mar 2011

Thomas Isaac, Kerala finance minister, says the Leftist government in the state wants to develop an egalitarian society where there are no capitalists.

Amit Mitra assault case: Six CPM, SFI activists arrested

Amit Mitra assault case: Six CPM, SFI activists arrested

Rediff.com22 Apr 2013

Six activists belonging to Communist Party of India-Marxist and its youth wing Students Federation of India, including two women, were arrested in New Delhi on Monday for allegedly assaulting West Bengal Finance Minister Amit Mitra outside the Planning Commission office two weeks back.

Rebalancing India-China, The Sri Lanka Way

Rebalancing India-China, The Sri Lanka Way

Rediff.com14 Feb 2022

Colombo seems to be veering to the middle path between China and the US on global matters, but in regional matters of strategic security, it is increasingly identifying with India, points out N Sathiya Moorthy.

IAS vs IRS officers: The fight for supremacy

IAS vs IRS officers: The fight for supremacy

Rediff.com10 Aug 2016

In July, IRS officers in Mumbai held an incendiary meeting where they criticised the alleged interference in 'operational matters' by the department of revenue.

FinMin seeks views of all parties on GST Bill

FinMin seeks views of all parties on GST Bill

Rediff.com2 Sep 2010

The government banks on the support of the Bharatiya Janata Party to push the Insurance and LIC Bills in the next Parliament session, but it seems to have adopted different tactics on the Goods and Services Tax (GST) Bill.

Pak govt takes control of Jaish headquarters amid global pressure

Pak govt takes control of Jaish headquarters amid global pressure

Rediff.com22 Feb 2019

A statement issued by the Interior Ministry also said the crackdown on Jaish 'has been taken in line with the decision of the NSC meeting'.

Post Pulwama, Pak remains safe haven for terrorists: US

Post Pulwama, Pak remains safe haven for terrorists: US

Rediff.com24 Jun 2020

The suspension of US aid to Pakistan, which was announced by President Donald Trump in January 2018, remained in effect throughout 2019, the State Department said.

Capt Sathe had survived a crash in 1990s, but returned to flying

Capt Sathe had survived a crash in 1990s, but returned to flying

Rediff.com10 Aug 2020

Sathe had suffered multiple injuries on his skull in that incident, but due to his strong will power and passion he cleared the test and started flying again, his cousin said.

'BJP wants to send message it can disrupt namaaz'

'BJP wants to send message it can disrupt namaaz'

Rediff.com8 May 2018

'Muslims have been observing namaaz for so many years.' 'The BJP wants to divide Hindus and Muslims for political gains.' 'This is happening in Haryana even though Muslims are only present in one district of Haryana.'

From Hashmi to Puranaanuru, Sitharaman waxes poetic

From Hashmi to Puranaanuru, Sitharaman waxes poetic

Rediff.com5 Jul 2019

While speaking of taxation, Sitharaman also quoted Sangam era Tamil classic's Yaanai Pugundha Nilam written by Pisirandhayar in Purananooru.

Will PNB acquire beleaguered Lakshmi Vilas Bank?

Will PNB acquire beleaguered Lakshmi Vilas Bank?

Rediff.com8 Oct 2020

PNB has rich experience in the integration of commercial banks.

Our activists not involved in the Delhi incident: SFI

Our activists not involved in the Delhi incident: SFI

Rediff.com11 Apr 2013

Communist Party of India-Marxist's student wing Students Federation of India on Thursday claimed that none of its activists were involved in the heckling of West Bengal Finance Minister Amit Mitra in New Delhi and described the incident as "unfortunate".

Left condemns gherao of Mamata, says it's wrong politics

Left condemns gherao of Mamata, says it's wrong politics

Rediff.com9 Apr 2013

The gherao of West Bengal Chief Minister Mamata Banerjee and her Finance Minister Amit Mitra in Delhi on Tuesday by Communist Party of India-Marxist supporters was condemned unequivocally by political parties including the rival Marxist party, which said it was "undesirable".

Impossible to prove religious persecution: Himanta

Impossible to prove religious persecution: Himanta

Rediff.com19 Jan 2020

The Assam finance minister said that it is not possible for the person to go back to his country of origin and collect a copy of police report to show that he was subjected to religious persecution.

Govt plans committee to check frauds in India

Govt plans committee to check frauds in India

Rediff.com30 Nov 2012

With an aim to safeguard the investors from possible frauds involving collective investment schemes, the government has proposed a high-level committee of members from Reserve Bank, Sebi, Corporate Affairs Ministry and Economic Office Wing of state police departments.

Jaya restructures AIADMK apex team

Jaya restructures AIADMK apex team

Rediff.com8 Jun 2016

AIADMK supremo and Tamil Nadu Chief Minister Jayalalithaa on Wednesday restructured the party's apex body.

Man arrested for 'offensive' tweet on Chidambaram's son

Man arrested for 'offensive' tweet on Chidambaram's son

Rediff.com31 Oct 2012

A small-scale industrialist in Puducherry was arrested on Tuesday for allegedly posting 'offensive' messages on the micro-blogging site Twitter targeting Union Finance Minister P Chidambaram's son Karti Chidambaram.

Subsidy for BSNL mobile services in Naxal-hit areas

Subsidy for BSNL mobile services in Naxal-hit areas

Rediff.com22 Mar 2013

At the end of Dec, the government had Rs 47,273 crore in the USO fund, with annual accruals of about Rs 6,000 crore.

DoT gives telcos breathing space on AGR non-payment

DoT gives telcos breathing space on AGR non-payment

Rediff.com23 Jan 2020

Bharti Airtel and Vodafone Idea have communicated to the telecom department that they will not pay AGR dues of Rs 88,624 crore, the deadline for which ended on Thursday, and will wait for the outcome of modification petition listed for hearing before the Supreme Court next week, according to official sources. Reliance Jio on Thursday paid Rs 195 crore to the telecom department to clear all adjusted gross revenue dues accounted till January 31, 2020, according to an official source.

Centre likely to probe allegations against HSBC

Centre likely to probe allegations against HSBC

Rediff.com10 Nov 2012

The government is likely to conduct a through inquiry into allegations that multinational organisation HSBC Bank was involved in money laundering operations that may have helped terror groups operating in India.The probe is likely to be conducted by sleuths of various intelligence wings of home and finance ministries as the allegations, if proved true, would have serious security implications, highly-placed sources said.

Reebok fraud case: ED begins money-laundering probe

Reebok fraud case: ED begins money-laundering probe

Rediff.com5 Nov 2012

The ED is also probing alleged violations of foreign exchange rules by the company since 2006.

Reebok India case: Corporate mismanagement led to scam

Reebok India case: Corporate mismanagement led to scam

Rediff.com24 Sep 2012

Sources say bills were inflated by the company and not recorded correctly.

The Naxal cocktail: Stolen guns, extorted money, violent threats

The Naxal cocktail: Stolen guns, extorted money, violent threats

Rediff.com23 Jul 2013

A recent study on Naxalism in India has concluded that Naxal fighters spend roughly Rs 140 crore annually to wage war against the Indian State.

Neutral journalism unlikely to survive: Ravish Kumar

Neutral journalism unlikely to survive: Ravish Kumar

Rediff.com2 Aug 2019

A well-know journalist, Kumar, 44, a senior executive editor with NDTV India, is among five winners of the Asia's prestigious award.

Lathi-charge on BYJM members: Advani complains to Pranab about PC

Lathi-charge on BYJM members: Advani complains to Pranab about PC

Rediff.com10 Aug 2011

Agitated over the police action against protesting Bharatiya Janata Party youth wing activists in New Delhi on Tuesday, senior BJP leader L K Advani on Wednesday complained to Finance Minister Pranab Mukherjee that the orders seem to have come directly from Home Minister P Chidambaram.

How Lakshmi Vilas Bank eroded its wealth amid controversy and losses

How Lakshmi Vilas Bank eroded its wealth amid controversy and losses

Rediff.com8 Oct 2020

It has been a year since the Reserve Bank of India (RBI) initiated prompt corrective action (PCA), an exercise that puts weak banks under central bank scrutiny, against the 94-year-old Lakshmi Vilas Bank (LVB). But recently, this low-profile Chennai-headquartered bank found itself attracting some unwonted publicity when 60 per cent of its shareholders voted against a proposal to re-appoint seven directors, including one of the promoters, K R Pradeep (who holds around 2 per cent), and the company's managing director & chief executive officer S Sundar.

IKEA might pass Zara barrier

IKEA might pass Zara barrier

Rediff.com17 Aug 2012

Brand name rule might be waived for Swedish major's mega investment proposal, indicates DIPP; final revision of its application likely by end-August.

Pak issues order to seize assets of all UN banned outfits

Pak issues order to seize assets of all UN banned outfits

Rediff.com4 Mar 2019

India handed over a dossier to Pakistan to take action against the JeM, as pressure mounted on Islamabad to take action against individual and organisation listed by the UN Security Council as terrorists.

Rajya Sabha proceedings disrupted for 3rd day

Rajya Sabha proceedings disrupted for 3rd day

Rediff.com6 Feb 2019

The proceedings were washed out over various issues including the Citizenship (Amendment) Bill and roster system for reservation in educational institutions.

Direct tax collections from Mumbai dip 13%

Direct tax collections from Mumbai dip 13%

Rediff.com21 Jan 2020

It had declined by slightly over 4 per cent in December. The city contributes 37 per cent to the total direct tax revenues. If the trend continues, it could affect the Budget estimates of Rs 13 trillion for the current fiscal year.

CBDT warns foreign bank account holders

CBDT warns foreign bank account holders

Rediff.com29 Aug 2011

Finance Ministry issues strict instructions on foreign bank accounts.