News for 'Internal Audit State'

Taliban-run Afghanistan: Does India have a role?

Taliban-run Afghanistan: Does India have a role?

Rediff.com12 Jul 2021

New Delhi should resist any temptation to act as spoiler and instead should cooperate with its SCO partners in reaching a regional consensus behind the formation of an interim government in Kabul, argues Ambassador M K Bhadrakumar.

UN race over before it begins

UN race over before it begins

Rediff.com1 Jun 2021

The race for the UN secretary-general for 2022-2027 is already over and another term for Antonio Guterres is a foregone conclusion, observes Ambassador T P Sreenivasan.

Vineeth strikes as Bengaluru beat Bagan to lift Fed Cup

Vineeth strikes as Bengaluru beat Bagan to lift Fed Cup

Rediff.com21 May 2017

CK Vineeth showed his predatory skills with double strike in the extra time as Bengaluru FC beat Mohun Bagan 2-0 to win the 38th Federation Cup football tournament.

Hit by unkept promises, HM workers await govt intervention

Hit by unkept promises, HM workers await govt intervention

Rediff.com27 May 2014

None of the 2,600 workers had any clue about the suspension of work notice, put up on the gate of India's oldest automobile plant last Sunday.

Panel to examine fiscal, debt situation likely

Panel to examine fiscal, debt situation likely

Rediff.com7 Feb 2020

The panel may include or seek inputs from former RBI Governor Urjit Patel, former chief economic advisor Arvind Subramanian, Sajjid Chinoy of the PM-EAC, Rathin Roy, among others.

Was Nirav Modi tipped off?

Was Nirav Modi tipped off?

Rediff.com7 May 2021

'One cannot avoid speculating whether there was something else at play that led to the uncovering of this saga.'

What to expect on the tax front in 2019

What to expect on the tax front in 2019

Rediff.com15 Jan 2019

India is on the brink of overhauling its tax system, implementing the BEPS project and seeing a further evolution of the GST at the same time as a general election. This makes 2019 an exciting and challenging year, note Maulik Doshi and Jigar Doshi.

PMC shows it's time for relook at urban coop banks

PMC shows it's time for relook at urban coop banks

Rediff.com10 Oct 2019

In the aftermath of the PMC Bank mess which was in the RBI's highest rating of 'A' category, trustworthiness of these ratings may be up for a review.

Kiyara is here. You've been warned, Kendall Jenner.

Kiyara is here. You've been warned, Kendall Jenner.

Rediff.com23 Aug 2017

The 18 year old from a small town of Rajasthan has been signed on by the agency that manages supermodels like Gigi Hadid and Miranda Kerr.

Pathankot attack: J&K governor orders high-level security review meeting

Pathankot attack: J&K governor orders high-level security review meeting

Rediff.com16 Jan 2016

J&K Governor N N Vohra on Friday ordered a security audit of all vital establishments and installations in Jammu and Kashmir by a multi-disciplinary team of security agencies.

2 militants killed in encounter at Kupwara

2 militants killed in encounter at Kupwara

Rediff.com18 Mar 2016

The gunfight erupted after the army and police jointly surrounded Bhat Mohalla area of Handwara on specific information about presence of a group of militants there.

CAG raps ISRO for extending 'undue benefit' to foreign firm

CAG raps ISRO for extending 'undue benefit' to foreign firm

Rediff.com6 Sep 2013

The Comptroller and Auditor General on Friday rapped space agency Indian Space Research Organisation for allowing a foreign private satellite service provider to park its satellite in an orbit slot meant for Indian satellites in violation of nation's SATCOM policy and extending "undue benefit" to a foreign firm.

Kim is alive, but is he well enough to rule North Korea?

Kim is alive, but is he well enough to rule North Korea?

Rediff.com4 May 2020

'What if Kim is alive as the latest reappearance suggests, but unable to rule?' 'Will his sister be installed as the leader to continue with the Kims's hereditary dynasty that began with the present ruler's grandfather?' asks Dr Rajaram Panda.

India Inc still slow in adopting whistle-blower policies

India Inc still slow in adopting whistle-blower policies

Rediff.com15 Sep 2014

Fraud is a big concern among many board members.

Employees colluded in LoU scam, PNB chief admits to ED

Employees colluded in LoU scam, PNB chief admits to ED

Rediff.com3 Mar 2018

According to ED sources Sunil Mehta said the fraud took place due to "systemic failure" and "procedural lapses", owing to lack of interface or proper links between the core banking software and the SWIFT interbank messaging system.

Loans of IL&FS arm gets red-flagged by auditor

Loans of IL&FS arm gets red-flagged by auditor

Rediff.com17 Oct 2018

Based on internal evaluation and legal opinion, the management was of the opinion that the company has the ability to ultimately recover the aforesaid ICDs

Panaya deal: Probe clears Infosys of any wrongdoing

Panaya deal: Probe clears Infosys of any wrongdoing

Rediff.com23 Jun 2017

There were no evidence of any kickbacks, inappropriate contracting or unreasonable expenses

Why be afraid of businessmen owning banks?

Why be afraid of businessmen owning banks?

Rediff.com15 Dec 2020

Bad loans of PSBs are at Rs 20 trillion. Most of it is, I sense, due to corruption and behest lending. Nobody pays a price for this charade. Not the promoters, the bankers, RBI officials, finance ministry bureaucrats or politicians, points out Debashis Basu.

'Your money is safe with nationalised banks'

'Your money is safe with nationalised banks'

Rediff.com23 Nov 2020

'No commercial bank will be allowed to fail. There is nothing to worry about.'

Several Akhilesh projects under Yogi scanner

Several Akhilesh projects under Yogi scanner

Rediff.com3 Aug 2017

The Gomti Riverfront Development project, the Agra-Lucknow Expressway, the Jai Prakash Narayan International Centre and the efforts towards the beautification of Old Lucknow are some of Akhilesh Yadav's initiatives that are the subject of investigation.

Indian named in million-dollar UN scam

Indian named in million-dollar UN scam

Rediff.com1 Sep 2006

Sanjay Bahel, who was on deputation to the UN from the Indian Defense Auditing services, has been accused by an internal inquiry of helping Telecommunications Consultations of India Ltd get contracts worth 100 million dollars.

PMO monitoring Rafale deal can't be seen as interference: Govt to SC

PMO monitoring Rafale deal can't be seen as interference: Govt to SC

Rediff.com4 May 2019

The Centre said media reports cannot form the basis for seeking review of the judgement since it is well settled law that courts do not take decision on the basis of media reports.

Was safety compromised at Make in India event? Probe begins into fire

Was safety compromised at Make in India event? Probe begins into fire

Rediff.com15 Feb 2016

"We will probe all aspects, including finding out if there was a sabotage angle involved," a fire brigade official said.

Air-India goes in for image makeover

Air-India goes in for image makeover

Rediff.com19 Aug 2005

Nearly 100 tenders pending as BCCI top brass under fire

Nearly 100 tenders pending as BCCI top brass under fire

Rediff.com21 Nov 2016

With the Lodha Committee seeking direction from the Supreme Court on appointment of former Union Home Secretary GK Pillai as observer to "guide" BCCI, the top brass of the board are unaware as to how the process of awarding nearly 100 pending tenders will be carried out.

Cricket Buzz: Smith, Warner return to be pushed back due to injuries

Cricket Buzz: Smith, Warner return to be pushed back due to injuries

Rediff.com6 Feb 2019

'They're going to need to get some cricket before coming back into the squad. It's all part of the management. We'll have to wait and see'

Your air tickets could become MORE expensive!

Your air tickets could become MORE expensive!

Rediff.com20 Dec 2018

Airfares in Indian market are unsustainable, says a senior Boeing official.

Yes Bank: 'People will lose confidence in the system'

Yes Bank: 'People will lose confidence in the system'

Rediff.com11 Mar 2020

'RBI was focusing on public sector banks perhaps thinking that private sector banks are managed efficiently while PSU banks are not.' 'Now, RBI has to focus on private sector banks too.'

'PoK part of India, expect to have physical jurisdiction over it one day'

'PoK part of India, expect to have physical jurisdiction over it one day'

Rediff.com17 Sep 2019

The external affairs minister also made it clear that with Pakistan, the issue is not Article 370, the issue is cross-border terrorism and the first thing that has to come to table for any talks with Pakistan has to be the terrorism issue.

AI hit by another scam; writes to CBI

AI hit by another scam; writes to CBI

Rediff.com21 Feb 2014

Under the FFS, concession is given to employees of the airline in which they can take their family to a domestic destination once a year at subsidised cost.

Facebook faces heat of Oppn parties over hate content

Facebook faces heat of Oppn parties over hate content

Rediff.com18 Aug 2020

The Congress claimed that Facebook has different rules for different countries and "that is not acceptable".

Kotla Test: DDCA will organise a good game, says Chetan Chauhan

Kotla Test: DDCA will organise a good game, says Chetan Chauhan

Rediff.com19 Nov 2015

With the Delhi high court clearing the decks for the fourth and final Test between India and South Africa to be staged at the Feroz Shah Kotla, Delhi & District Cricket Association vice-president Chetan Chauhan declared on Thursday his association will "organise a good game", come December 3.

Key points from WADA's damning report against Russian athletics

Key points from WADA's damning report against Russian athletics

Rediff.com10 Nov 2015

Some of the main points of the World Anti-Doping Agency (WADA) Independent Commission's (IC) report into allegations of widespread doping in Russian athletics. The commission was set up after Germany's ARD television said in a documentary programme aired on December 3 last year that it had found evidence of systematic doping and cover-ups.

Sebi seeks UK's help to nail 'fund diversion' at United Spirits

Sebi seeks UK's help to nail 'fund diversion' at United Spirits

Rediff.com18 Aug 2016

Wants details of Vijay Mallya transactions over 4 years

Political donations made through trust: Aditya Birla Group

Political donations made through trust: Aditya Birla Group

Rediff.com6 Dec 2013

Aditya Birla Group on Friday said it donated funds to political outfits through a trust for around 15 years and that these were done within permissible limits of the country's laws.

From Google to Visa, all phone a friend in US over RBI diktat

From Google to Visa, all phone a friend in US over RBI diktat

Rediff.com21 Jul 2018

Cos ask US treasury to discuss data localisation norms with Indian officials at all platforms the two countries would meet, including G-20, US-India Strategic Dialogue, and IMF Annual Meet.

Banks recall over 32 lakh debit cards; govt seeks details

Banks recall over 32 lakh debit cards; govt seeks details

Rediff.com20 Oct 2016

The suspected security breach happened through a malware in the systems of Hitachi Payments Services, which serves ATM network of Yes Bank

Neglect of 1992 scam led to Mallya, Modi frauds

Neglect of 1992 scam led to Mallya, Modi frauds

Rediff.com7 Mar 2018

'The Modi government has been taking credit for improvement in respect of the ease of doing business in India.' 'But when I look at the scams I cannot help feeling that it is too easy to do business with banks in India, if one is a Harshad Mehta, Vijay Mallya or Nirav Modi and their tribe,' says former Union home secretary Madhav Godbole.

These are Saudi's 13 demands from Qatar to lift embargo

These are Saudi's 13 demands from Qatar to lift embargo

Rediff.com23 Jun 2017

The list, according to media reports, also features reducing ties with Iran and closing a Turkish military base.

Corporate tax arrears at over Rs 3.11 trillion as of Dec 2014

Corporate tax arrears at over Rs 3.11 trillion as of Dec 2014

Rediff.com20 Mar 2015

Corp tax arrears at over Rs 3.11 trillion as of Dec 2014.