News for 'Global Compliance'

Pak placed on FATF's 'grey list' for financially aiding terrorism

Pak placed on FATF's 'grey list' for financially aiding terrorism

Rediff.com28 Jun 2018

The placement on to grey list could hurt Pakistan's economy as well as its international standing.

New tax norms to hit dividends received from foreign arms

New tax norms to hit dividends received from foreign arms

Rediff.com12 Feb 2020

Dividend distribution tax in FY20 would only be applicable after deducting Rs 70 received from the foreign subsidiary, meaning 20.56 per cent DDT would be paid only on Rs 30.

Bong Joon Ho: Master of Unsubtle Symbolism

Bong Joon Ho: Master of Unsubtle Symbolism

Rediff.com10 Feb 2020

Only Bong Joon Ho -- whose film Parasite won the Oscars for Best Film, Best Director, Best International Feature -- knows how to work with a heavy hand and still get respectable results, says Ranjita Ganesan.

Tax dispute? Govt offers immunity scheme

Tax dispute? Govt offers immunity scheme

Rediff.com2 Feb 2020

The Vivaad se Vishwas scheme is a replica of the Sabka Vishwas (Legacy Dispute Regulation) Scheme, 2019 (SVLDRS) for indirect tax litigation. The hope is that this would unlock revenue blocked in long-drawn litigation at various forums. Sources in the department say the total value at stake in these disputes would be Rs 5-6 trillion.

How marquee hotels getting ready for post-lockdown biz

How marquee hotels getting ready for post-lockdown biz

Rediff.com24 Apr 2020

Executive lounges with happy hours, complimentary hors d'oeuvres, and complimentary services have been the norm - but not anymore.

Setback for Airtel payments bank over Aadhaar linked KYC

Setback for Airtel payments bank over Aadhaar linked KYC

Rediff.com11 Jun 2018

Experts contend that this setback, even if temporary, could put the company at a disadvantage to its competitors in acquiring new customers.

Myanmar: India's choices are limited

Myanmar: India's choices are limited

Rediff.com17 Feb 2021

India cannot afford to adopt any coercive measures against the military even if it disapproves the military takeover, notes Dr Rajaram Panda.

Dilip Shanghvi moves into top gear to turn around Ranbaxy

Dilip Shanghvi moves into top gear to turn around Ranbaxy

Rediff.com31 Jul 2015

Sun Pharma expects synergy benefits by next fiscal.

Gear up to meet competition: Min tells auto cos

Gear up to meet competition: Min tells auto cos

Rediff.com28 Apr 2010

The study has been conducted by Ernst & Young on behalf of EEPC-India, the apex body of engineering goods exporters.

Will BECA scare the Chinese?

Will BECA scare the Chinese?

Rediff.com29 Oct 2020

'Analysts see BECA as a 'force multiplier' for India.' 'But China too is known to have such capabilities.' 'The military gap with China will continue to remain a fact of life, BECA notwithstanding,' argues Ambassador M K Bhadrakumar

Now Laxmi Vilas Bank under RBI scanner for bad loans

Now Laxmi Vilas Bank under RBI scanner for bad loans

Rediff.com29 Sep 2019

The PCA plan covers various suggestions or measures to recover non-performing assets (NPAs), reduce costs, boost capital, downsize risk-weighted assets, and improve profitability, among others. The LVB management is in the process of implementing all of these, said sources.

Money laundering law hit banks

Money laundering law hit banks

Rediff.com20 Apr 2005

Indian tax regime is set for total makeover

Indian tax regime is set for total makeover

Rediff.com2 Jan 2017

The Narendra Modi government's alacrity in promoting ease of tax administration, a critical component in the ease of doing business index, has set in motion several incremental policy and administrative reforms, says Mukesh Butani.

Moody's breaks 13-year jinx, upgrades India to 'Baa2'

Moody's breaks 13-year jinx, upgrades India to 'Baa2'

Rediff.com17 Nov 2017

The global ratings agency, however, cautioned that high debt burden remains a constraint on the country's credit profile.

FIFA shortlists six venues for U-17 football World Cup in India

FIFA shortlists six venues for U-17 football World Cup in India

Rediff.com29 May 2015

Announcing the window for the 24-team championship, which includes India as hosts, Tournament Director Javier Cepii told a media conference in Mumbai that the D Y Patil Sports Academy in Navi Mumbai is among the four centres, which has been given provisional approval to host matches in the 23-day event.

HSBC axes 840 IT jobs in Britain in first big wave of planned cuts

HSBC axes 840 IT jobs in Britain in first big wave of planned cuts

Rediff.com16 May 2016

Many of the jobs will now be offshored to lower income countries such as India, China and Poland

RBI diktat on data storage upsets payments providers

RBI diktat on data storage upsets payments providers

Rediff.com23 May 2018

The RBI on April 6 directed all payments service providers to make sure "that the entire data relating to payment systems operated by them are stored in a system only in India."

ICRA sacks Naresh Takkar as MD following probe

ICRA sacks Naresh Takkar as MD following probe

Rediff.com30 Aug 2019

Without disclosing reasons, ICRA informed the stock exchanges on Thursday, 'The board, after due consideration and taking into account the best interests of the company and its various stakeholders, has decided to terminate the employment of Takkar with immediate effect.'

COVID-19: Take the first available vaccine to you

COVID-19: Take the first available vaccine to you

Rediff.com21 Apr 2021

'All the vaccines that are available in most countries, right now, are all highly effective and safe.'

What to do when the taxman pops up online

What to do when the taxman pops up online

Rediff.com7 Mar 2016

Any company resident in a country has to pay both indirect taxes as well as Income Tax.

Govt examines accounting standards for India Inc

Govt examines accounting standards for India Inc

Rediff.com14 May 2008

The government has already notified 28 accounting standards for Indian corporates and would assess more standards for notification, an official release said. "The government would examine further accounting standards to be followed by companies, on the basis of the standards proposed by ICAI, subject to the recommendations of NACAS thereon, for notification in accordance with the procedure laid down under the Companies Act, 1956," it said.

Swiss bank accounts leaks: HSBC acknowledges 'past' lapses

Swiss bank accounts leaks: HSBC acknowledges 'past' lapses

Rediff.com9 Feb 2015

The leaked files relate to accounts holding more than $100 billion, as per ICIJ.

How India Inc plan to curb insider trading

How India Inc plan to curb insider trading

Rediff.com29 Jun 2018

India has historically not had a strong compliance mechanism around insider trading. This is in stark contrast to developed countries.

Sebi cracks whip on Gillette India promoters, directors

Sebi cracks whip on Gillette India promoters, directors

Rediff.com5 Jul 2013

Taking action against promoters of Gillette India for non-compliance to minimum public holding norms, Sebi on Friday ordered freezing all corporate benefits arising out of their stake in the company.

Delhi should prepare for 15,000 daily covid cases during winter: Report

Delhi should prepare for 15,000 daily covid cases during winter: Report

Rediff.com9 Oct 2020

"Coming festivals (Chhat, Puja, Dussehra, Deepavali, Id, Xmas, New year) pose a huge challenge in the pandemic control. It has been seen that Onam in Kerala and Ganesh Chaturthi in Maharashtra escalated the pandemic seriously. This must not be allowed to happen in Delhi," the report stated.

No non-agri trade on Saturdays

No non-agri trade on Saturdays

Rediff.com19 Sep 2013

Trading in agri commodities on Saturdays to be reviewed later; more changes likely in the coming months to align with global pattern.

TCS, Siemens tie-up for medical industry solution

TCS, Siemens tie-up for medical industry solution

Rediff.com25 Oct 2007

Teamcenter would look to provide end-to-end management of the medical devices industry's product lifecycle. It would enable companies to fully trace all activities from concept to retirement by automatically linking compliance requirements with engineering and specification data, it said.

FCRA challenge for foreign think tanks in India

FCRA challenge for foreign think tanks in India

Rediff.com28 Sep 2020

Funding challenges are not limited to just one think tank. Several scholars say that access for conducting research and getting foreign funds has become a major hurdle for think tanks, with the government raising many questions regarding such inflows. As a result, many think tanks are keeping a low profile and becoming less prolific.

'If slowdown prolongs we will start seeing casualties'

'If slowdown prolongs we will start seeing casualties'

Rediff.com23 Aug 2019

'We are in the reverse gear and we are not there anywhere compared to the rest of the world'

Big firms' honchos fuelling exodus from start-ups

Big firms' honchos fuelling exodus from start-ups

Rediff.com11 Jul 2015

Bringing in people with large corporate experience also helps in bringing in world class processes in quality and compliance

India moving in right direction on GST, says Panagariya

India moving in right direction on GST, says Panagariya

Rediff.com7 Dec 2015

India moving in right direction on GST, says Panagariya.

'Premature to talk of changes in Ranbaxy top brass now'

'Premature to talk of changes in Ranbaxy top brass now'

Rediff.com14 Apr 2014

Sun Pharmaceutical Industries will take a call on whether to shut Ranbaxy's troubled factories or make changes in the top management of the latter only after its $4-billion acquisition deal is complete.

Why India Inc overlooked overseas market for fundraising

Why India Inc overlooked overseas market for fundraising

Rediff.com29 Nov 2017

A fundraising boom in the domestic market and tightening of the regulatory framework for overseas issues are responsible for this trend.

Modi provided scam-free governance: Jaitley

Modi provided scam-free governance: Jaitley

Rediff.com26 May 2018

He said the country has witnessed a journey from indecisiveness to clarity and decisiveness.

Sun Pharma to delist Ranbaxy on completion of $4-bn merger

Sun Pharma to delist Ranbaxy on completion of $4-bn merger

Rediff.com25 Mar 2015

The merger has fortified Sun Pharma's position.

US FDA tightens regulatory noose on Indian drug firms

US FDA tightens regulatory noose on Indian drug firms

Rediff.com17 Sep 2013

Import alert on Ranbaxy's Mohali unit; Strides' injectible arm gets warning letter

Mobile wallets vs UPI-based apps: Which should you use?

Mobile wallets vs UPI-based apps: Which should you use?

Rediff.com25 Oct 2018

UPI transactions are growing faster, but wallets remain relevant for those without a bank account and seeking cashbacks.

India probing 1,704 money laundering, terror-funding cases

India probing 1,704 money laundering, terror-funding cases

Rediff.com26 Jun 2013

The conviction levels are still low.

Trouble brewing for MF investors?

Trouble brewing for MF investors?

Rediff.com7 Feb 2018

MF investors may not be able to support markets fall if selling intensifies

ICMR aims to launch COVID-19 vaccine by Aug 15

ICMR aims to launch COVID-19 vaccine by Aug 15

Rediff.com3 Jul 2020

The vaccine candidate, ZyCoV-D, showed a "strong immune response" in animal studies, and the antibodies produced were able to completely neutralise the wild type virus, Zydus said. The 12 institutes have been asked by the ICMR to fast track clinical trials of the vaccine as it is being considered as one of the top priority projects which are being monitored at the topmost level of the government.