News for 'Internal Audit State'

'Now I see who my real and fake friends are'

'Now I see who my real and fake friends are'

Rediff.com25 Apr 2023

'It's everyone's dream to have their pictures show up on Google.' 'In the beginning, you're not used to it.' 'It's a bit weird and even now it's weird.'

How safe are India's electric scooters?

How safe are India's electric scooters?

Rediff.com31 Mar 2022

The government-appointed expert committee, which probes incidents of Ola Electric's S1 Pro and Okinawa vehicles catching fires, has added the latest case of fire involving PureEV electric scooter to its investigation, a senior government official told Business Standard. "A team comprising experts from Indian Institute of Science (IISC) and Centre for Fire, Explosive and Environment Safety (CFEES) are investigating the cases. "As soon as the report is submitted, we shall take appropriate action," said Giridhar Aramane, secretary at the ministry of road transport and highways.

Snags: DGCA orders SpiceJet to operate 50% of flights for 8 weeks

Snags: DGCA orders SpiceJet to operate 50% of flights for 8 weeks

Rediff.com27 Jul 2022

During these eight weeks, the budget carrier will be subjected to "enhanced surveillance" by the Directorate General of Civil Aviation.

Forex scam: Banks face Sebi scrutiny

Forex scam: Banks face Sebi scrutiny

Rediff.com19 Oct 2015

State-run Bank of Baroda and Oriental Bank of Commerce are among those facing scrutiny.

High court denies Air India's union leaders special leave

High court denies Air India's union leaders special leave

Rediff.com28 Jun 2014

The Bombay High Court has directed four office-bearers of the Aviation Industry Employees' Guild to resume duties by July 7, in a move that supports Air India's drive against absenteeism.

Trump paid just $750 income taxes in 2016-17: Report

Trump paid just $750 income taxes in 2016-17: Report

Rediff.com28 Sep 2020

Trump paid no income taxes at all in 10 of the previous 15 years largely because he reported losing much more money than he made, the report said. The US president immediately dismissed the report as 'totally fake news'.

Gautam Adani cements hold over Ambuja, son Karan is chairman of ACC

Gautam Adani cements hold over Ambuja, son Karan is chairman of ACC

Rediff.com16 Sep 2022

Billionaire Gautam Adani's son Karan will helm the cement firms his group has acquired to become India's second largest cement player and extend his burgeoning empire that spans from ports and energy to airports and telecom.

Hero MotoCorp refutes report of false expense claims

Hero MotoCorp refutes report of false expense claims

Rediff.com30 Mar 2022

Two-wheeler market leader Hero MotoCorp has denied the report of the IT Department finding Rs 1,000 crore false expense claims, saying it is speculative. The company said officials from the Income Tax department visited its offices in the previous week, and it has provided all support and cooperation, necessary documents and data to the authorities and will continue to do so if required. "The allegations made in the press report are not borne out of any documents that have been served on us or our internal documents.

US President Trump not to release his tax returns

US President Trump not to release his tax returns

Rediff.com23 Jan 2017

The comments came in response to a Whitehouse.gov petition with more than 200,000 signatures calling on Trump to release his tax returns.

Sebi tightens norms to check money laundering, terror funding

Sebi tightens norms to check money laundering, terror funding

Rediff.com12 Mar 2014

The market intermediaries have also been told to appoint designated directors to ensure compliance with new norms, who would face penal action for any lapses.

How We Can Defeat Targeted Killings In Kashmir

How We Can Defeat Targeted Killings In Kashmir

Rediff.com6 Jun 2022

If the government is able to deliver the promised projects, the large number of youth will be taken off the streets and that is not acceptable to the Pakistan army nor the terrorists hiding in Pakistan, notes Brigadier Narender Kumar (retd).

Preparations underway in J-K for assembly elections

Preparations underway in J-K for assembly elections

Rediff.com17 Jul 2022

Jammu and Kashmir has been without an assembly since November 2018 when the then legislative assembly was dissolved by then Governor Satya Pal Malik after the People's Democratic Party-Bharatiya Janata Party coalition government fell apart earlier that year.

Focus on hospitals as India braces for Covid third wave

Focus on hospitals as India braces for Covid third wave

Rediff.com1 Sep 2021

The health system is trying to ensure that it isn't caught by surprise -- the way it was last time. So, hectic preparations are on.

Drive My Car Review

Drive My Car Review

Rediff.com2 Apr 2022

Drive My Car looks at the nature of grief through the emotions of reserved characters but conveys a world of healing that cannot be summed, only felt most ardently, most appreciatively, feels Sukanya Verma.

BCCI should implement Lodha recommendations, Bedi and Azad tell Supreme Court

BCCI should implement Lodha recommendations, Bedi and Azad tell Supreme Court

Rediff.com5 May 2016

Former Indian team captain Bishan Singh Bedi and ex-cricketer Kirti Azad on Thursday batted in the Supreme Court for implementation of Justice Rajendra Mal Lodha committee's recommendation on structural reforms in the Board of Control for Cricket in India.

Former NSE chairman Chawla had revealed yogi's identity to Sebi in 2018

Former NSE chairman Chawla had revealed yogi's identity to Sebi in 2018

Rediff.com3 Mar 2022

The mysterious Himalayan 'yogi' who allegedly advised Chitra Ramkrishna, former managing director and chief executive officer of the National Stock Exchange (NSE), on important matters of the bourse could be none other than Anand Subramanian, according to a letter written by former NSE chairman Ashok Chawla to the Securities and Exchange Board of India (Sebi). Subramanian was group operating officer of the NSE and advisor to Ramkrishna during 2015-16. He joined as chief strategic advisor in April 2013.

COVID-19 impact: IOA asks Sports Ministry for Rs 200 crore grant

COVID-19 impact: IOA asks Sports Ministry for Rs 200 crore grant

Rediff.com17 May 2020

'Due to the ongoing pandemic and lockdown, we the sports bodies are unlikely to get any sponsorship and hence we may find it very difficult to restart our activities effectively'

Assam To New York: A Supermodel's Journey

Assam To New York: A Supermodel's Journey

Rediff.com27 Jan 2022

The girl from the north east who now walks for the best names in international fashion today was content wearing hand-me-downs from cousins those days.

ED issues FEMA notice to India's largest crypto exchange

ED issues FEMA notice to India's largest crypto exchange

Rediff.com11 Jun 2021

The Enforcement Directorate on Friday said it has issued a show cause notice to the country's largest cryptocurrency exchange for undertaking transactions worth over Rs 2,790 crore in alleged violation of the Foreign Exchange Management Act (FEMA). WazirX, registered under the company named Zanmai Labs Pvt Ltd, was incorporated in December, 2017 as a domestic cryptocurrency start-up and its directors Nischal Shetty and Hanuman Mhatre, along with the company, have been named in the notice issued by the central probe agency after completion of investigation. The agency issued a statement saying that it stumbled upon the transactions of the company during an ongoing money laundering probe into the "Chinese-owned" illegal online betting applications.

'I am an all-rounder so I have to be equally focussed on both aspects'

'I am an all-rounder so I have to be equally focussed on both aspects'

Rediff.com10 Nov 2021

All-rounders in Indian cricket are a rare commodity and the newest entrant to the club, Venkatesh Iyer, knows only too well that he has to keep his focus on both aspects of the game in order to remain relevant.

BharatPe co-founder Nakrani lauds board action on unseating Grover

BharatPe co-founder Nakrani lauds board action on unseating Grover

Rediff.com7 Mar 2022

BharatPe co-founder Shashvat Nakrani has accused Ashneer Grover, with whom he had co-founded the payment startup, of creating a false narrative about the company, and said the board acted quickly and decisively in unseating him after receiving finds of a PwC report. BharatPe, which allows shop owners to make digital payments through QR codes, last week stripped Grover of all titles and positions over his alleged "misdeeds" and may take further legal actions, including clawing back of some of his shareholding. In a letter to employees, Nakrani said the Grover episode was an aberration and not the norm at BharatPe, and went on to defend the board who he said were celebrated names in the banking and financial services industry.

Hateful content: Delhi Assembly panel summons Facebook official

Hateful content: Delhi Assembly panel summons Facebook official

Rediff.com12 Sep 2020

According to an official statement, the Facebook official has been summoned based on 'scathing depositions of key witnesses as well as incriminating material' submitted by them on record.

Lockdown puts question mark over corporate results

Lockdown puts question mark over corporate results

Rediff.com20 Apr 2020

Most listed corporate entities in the country are in a fix. With the sudden declaration in late March of a nationwide lockdown to tackle the Covid-19 pandemic, the final calculations of their financial results for the year 2019-20 (FY20) are hanging in limbo. Till April 19, only 41 of the 3,947 companies listed on the BSE have managed to finalise the dates for the declaration of their yearly financial results.

RBI rejects BoB's plan to send Anil Ambani firms to NCLT

RBI rejects BoB's plan to send Anil Ambani firms to NCLT

Rediff.com31 Aug 2020

The RBI rejection is a second blow to BoB - the lead bank of both companies -- after a Delhi high court order on August 18 stayed a move by BoB and the entire consortium of lenders to classify these accounts as fraud, restraining them from taking any other coercive action till the next hearing.

Aviation: US regulator clears India's safety rules

Aviation: US regulator clears India's safety rules

Rediff.com24 Sep 2009

The FAA's International Aviation Safety Assessment team revisited India to confirm and validate the action taken on earlier concerns since an audit in March 2009.

Zostel claims win in 3-year legal battle against OYO, latter refutes

Zostel claims win in 3-year legal battle against OYO, latter refutes

Rediff.com8 Mar 2021

Zostel could get upwards of $600 million if arbitration goes through.

Kalki: The Revolutionary Writer Behind PS 1

Kalki: The Revolutionary Writer Behind PS 1

Rediff.com27 Sep 2022

Gowri Ramnarayan explores the world of Kalki Krishnamurthy whose magnificent novel Ponniyin Selvan has inspired Mani Ratnam's latest film PS I.

Budget 2020: Tax changes for charitable trusts likely

Budget 2020: Tax changes for charitable trusts likely

Rediff.com13 Jan 2020

The new provision under the Income-Tax Act may enable the authorities to seize trustees' personal assets if there's a breach of objectives governing registered charitable trusts.

Nirav Modi has been dethroned!

Nirav Modi has been dethroned!

Rediff.com2 Mar 2022

If there were an Olympics for bank frauds in India, Rishi Agarwal, founder and former chairman of ABG Shipyard Ltd, a nephew of the Ruia brothers of the Essar group, would bag the gold, pushing Nirav Modi to his right, says Tamal Bandyopadhyay.

Govt's non-lapsable funds promote corruption: Ex-CAG Mehrishi

Govt's non-lapsable funds promote corruption: Ex-CAG Mehrishi

Rediff.com18 Sep 2021

Former CAG Rajiv Mehrishi says Centre has held back a report he submitted to the President, to end what he called "a nightmare of accounts that militates against good governance".

'Facebook-BJP' link ahead of Bengal poll: TMC

'Facebook-BJP' link ahead of Bengal poll: TMC

Rediff.com2 Sep 2020

TMC MP writes to Mark Zuckerberg, raises issue of Facebook's alleged bias towards the BJP.

How the #DeepState works: Did the Congress 'steal' the 2004, 2009 polls?

How the #DeepState works: Did the Congress 'steal' the 2004, 2009 polls?

Rediff.com20 Jun 2016

Did we miss the DeepState's Brazil Model in action in India in 2004 and 2009, asks Rajeev Srinivasan.

Hind Motor looks to monetise land as workers refuse to accept VRS

Hind Motor looks to monetise land as workers refuse to accept VRS

Rediff.com21 Sep 2015

A lump sum of Rs 100,000 has been offered under the VRS package.

GST looming, how will CBEC restructure itself?

GST looming, how will CBEC restructure itself?

Rediff.com7 Mar 2017

As Centre cedes power to states in indirect tax, it wants to all ystaffers' worry of little work.

'I never imagined I'd be playing Mohinder Amarnath'

'I never imagined I'd be playing Mohinder Amarnath'

Rediff.com23 Dec 2021

'What a lovely person he is!'

Parl panel plans to summon FB amid reports alleging bias towards BJP

Parl panel plans to summon FB amid reports alleging bias towards BJP

Rediff.com17 Aug 2020

After a report mentioned that Facebook overlooked its hate speech policies in cases of BJP MLA T Raja Singh and 3 others, Shashi Tharoor, chairperson of Parliamentary Standing Committee on IT, said the committee 'would certainly wish to hear from Facebook'.

What ails our cities?

What ails our cities?

Rediff.com23 Mar 2016

Reforms do happen and one example is Odisha which has taken steps to create a dedicated municipal cadre.

Country needs to be prepared for 3rd Covid surge: SC to Centre

Country needs to be prepared for 3rd Covid surge: SC to Centre

Rediff.com6 May 2021

The Supreme Court on Thursday said the country needs to be prepared for the third wave of COVID-19 which experts say could be more harmful, especially for children, and emphasised upon the need to create buffer stock of oxygen.

Naigaon to LA: How a dance video changed their life

Naigaon to LA: How a dance video changed their life

Rediff.com30 May 2019

Mumbai-based dancing troupe V Unbeatable received a standing ovation from the audience and judges at America's Got Talent, a leading talent reality show.

Facebook India policy head quits days after Parliament panel questioning

Facebook India policy head quits days after Parliament panel questioning

Rediff.com27 Oct 2020

Das faced allegations of opposing enforcement of hate-speech rules against Bharatiya Janata Party and other right-wing leaders. She was also accused of posting messages in support of the BJP for several years on a Facebook group of the company's employees.