News for 'Letter of Credit'

In letter to PM, Hazare favours govt-protesters talk; says minister's resignation will send message

In letter to PM, Hazare favours govt-protesters talk; says minister's resignation will send message

Rediff.com5 days ago

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Wrongly Credited NSE Shares Spark Battle

Wrongly Credited NSE Shares Spark Battle

Rediff.com29 Jun 2026

NSE's draft prospectus discloses a legal dispute over 5,000 shares allegedly transferred by mistake into an individual investor's demat account.

Four Sentenced in Bank of India Forged Letter of Credit Case

Four Sentenced in Bank of India Forged Letter of Credit Case

Rediff.com18 Mar 2026

A special CBI court in Mumbai has sentenced four individuals to imprisonment for their involvement in a 2012 case where the Bank of India suffered a loss of over Rs 3 crore due to a forged Letter of Credit.

Spot a Suspicious Credit Card Transaction?

Spot a Suspicious Credit Card Transaction?

Rediff.com10 Jun 2026

The first thing cardholders should do after spotting a suspicious charge is block the card.

Minions & Monsters Review: A Hilarious Love Letter To Cinema

Minions & Monsters Review: A Hilarious Love Letter To Cinema

Rediff.com3 Jul 2026

Minions & Monsters entertains with its cinematic nostalgia baits, even if it never quite escapes the franchise's familiar storytelling flaws.

Hazare writes to Modi; says minister's exit won't weaken govt, favours talks

Hazare writes to Modi; says minister's exit won't weaken govt, favours talks

Rediff.com5 days ago

Social activist Anna Hazare on Wednesday wrote a letter to Prime Minister Narendra Modi, saying violence and police action during the students' ongoing protest in Delhi were "deeply distressing", and asserted that "dialogue" was always preferable to confrontation in a democracy.

Rahul, Kharge write to Modi for probe into Ram temple theft

Rahul, Kharge write to Modi for probe into Ram temple theft

Rediff.com19 Jul 2026

Congress leaders Rahul Gandhi and Mallikarjun Kharge have written to Prime Minister Narendra Modi, demanding an independent investigation into alleged embezzlement of donations at the Ayodhya Ram temple. They highlighted that devotees feel betrayed and urged the Prime Minister to ensure accountability and make the Trust's financial affairs public. The controversy follows the arrest of eight people and the resignation of two Trust functionaries in connection with the alleged theft.

FIDE's AICF Nomination Stirs Hornet's Nest

FIDE's AICF Nomination Stirs Hornet's Nest

Rediff.com3 days ago

FIDE's decision to shortlist the All India Chess Federation for a prestigious FIDE Excellence Award has ignited a fierce debate within the Indian chess community.

Messi's Dark Blue Shirt: A World Cup Good Luck Charm?

Messi's Dark Blue Shirt: A World Cup Good Luck Charm?

Rediff.com15 Jul 2026

Argentina's dark blue away jersey holds significant historical and superstitious value for the team, particularly in World Cup encounters against England. The team will wear this kit in their upcoming semi-final, hoping to replicate past successes from 1986 and 1998, where the blue jersey was worn during famous victories over England. Both coaches acknowledge the role of superstition in high-level sports, though Argentina's coach downplays the specific jersey choice. The jersey also features cultural motifs.

RBI Ombudsman Can Award Compensation Of Up To 30 Lakh For Financial Loss

RBI Ombudsman Can Award Compensation Of Up To 30 Lakh For Financial Loss

Rediff.com18 Jul 2026

...and 3 lakh for harassment.

Ex-Reliance Communications MD Jailed In Loan Fraud Case

Ex-Reliance Communications MD Jailed In Loan Fraud Case

Rediff.com2 Jun 2026

Former Reliance Communications Group managing director Amitabh Jhunjhunwala has been lodged in Mumbai's Arthur Road Jail after being arrested by the CBI in connection with a multi-crore bank loan fraud case.

FIFA World Cup: How South Korea pulled off a stunning win

FIFA World Cup: How South Korea pulled off a stunning win

Rediff.com12 Jun 2026

South Korea's football team, coached by Hong Myung-bo, secured a 2-1 comeback victory against the Czech Republic in their World Cup Group A opener.

Court allows CBI to arrest Reliance Group executive in bank loan case

Court allows CBI to arrest Reliance Group executive in bank loan case

Rediff.com2 Jun 2026

A Mumbai court has granted the CBI permission to arrest Amitabh Jhunjhunwala, a former senior executive at Reliance Group, in connection with a case involving the alleged misuse of bank loans. Jhunjhunwala was already in judicial custody in Delhi for a related money laundering case.

Main Vaapas Aaunga Review: Heartfelt, Moving Drama

Main Vaapas Aaunga Review: Heartfelt, Moving Drama

Rediff.com12 Jun 2026

Main Vaapas Aaunga transcends its flaws to deliver a profoundly moving plea for humanity, anchored by heartbreakingly brilliant performances, observes Sreeju Sudhakaran.

Ex-Narcotics Bureau Official Faces Charges In Cheating Case

Ex-Narcotics Bureau Official Faces Charges In Cheating Case

Rediff.com7 May 2026

A special CBI court has upheld the framing of charges against a former Narcotics Control Bureau official accused of cheating the bureau by claiming subsistence allowance while suspended, despite working for three private companies.

HDFC Bank Q4 deposits grow 15% YoY, advances jump 12%

HDFC Bank Q4 deposits grow 15% YoY, advances jump 12%

Rediff.com4 Apr 2026

HDFC Bank reports a 12% credit growth for the March quarter, alongside the unexpected resignation of its chairman, Atanu Chakraborty, due to ethical concerns.

DMK, AIADMK uneasy as Vijay's TVK hunts for allies

DMK, AIADMK uneasy as Vijay's TVK hunts for allies

Rediff.com6 May 2026

In Tamil Nadu, the political landscape is shifting as the TVK party's attempt to form a government faces challenges from its potential allies. Both the DMK and AIADMK are experiencing internal divisions regarding extending support to the TVK, leading to uncertainty and speculation about potential realignments.

Atanu Chakraborty Flags Governance Gaps at HDFC Bank

Atanu Chakraborty Flags Governance Gaps at HDFC Bank

Rediff.com31 Mar 2026

'My resignation is a larger governance and governance-plus kind of an issue, which the board of directors of the bank should be introspecting.'

Govt imposes import curbs on all articles of gold, silver, platinum

Govt imposes import curbs on all articles of gold, silver, platinum

Rediff.com2 Apr 2026

The Indian government has imposed import restrictions on all forms of gold, silver, and platinum articles to prevent misuse of free trade agreements (FTAs). The restrictions apply immediately, regardless of prior contracts or commitments.

Odisha forest department buys Mahindra Thars from disaster fund, finds CAG

Odisha forest department buys Mahindra Thars from disaster fund, finds CAG

Rediff.com20 Apr 2026

A special audit by the Comptroller and Auditor General (CAG) has revealed that Odisha's forest and environment department sidestepped central guidelines, procuring and customising Mahindra Thar SUVs worth 17 crore from the State Disaster Response Fund (SDRF) for forest protection, despite the funds being earmarked for 'preparedness and capacity building'.

Urged Modi in 2010 to conserve Great Indian Bustard: Jairam Ramesh

Urged Modi in 2010 to conserve Great Indian Bustard: Jairam Ramesh

Rediff.com29 Mar 2026

Congress leader Jairam Ramesh recalls writing to Narendra Modi in 2010 about conserving the Great Indian Bustard, amid recent announcements of successful conservation efforts.

Atanu Chakraborty Reveals Reasons for His Resignation as HDFC Bank Chairman

Atanu Chakraborty Reveals Reasons for His Resignation as HDFC Bank Chairman

Rediff.com31 Mar 2026

Former HDFC Bank chairman Atanu Chakraborty cites misselling of AT-1 bonds and underperformance as key reasons for his resignation, dismissing personal differences as a major factor.

US Business Schools Eye India Partnerships

US Business Schools Eye India Partnerships

Rediff.com12 Mar 2026

The outreach comes amid a drop in Indian student enrolments in management programmes at American universities last year, following changes to US student visa policies.

London Court Denies Bail to Nirav Modi in PNB Fraud Case

London Court Denies Bail to Nirav Modi in PNB Fraud Case

Rediff.com7 Feb 2026

The High Court of Justice in London has rejected a fresh bail petition filed by diamantaire Nirav Modi, who is wanted in India in connection with the Rs 13,000 crore Punjab National Bank (PNB) fraud case.

Govt's special session aims to influence Bengal, TN polls: Congress

Govt's special session aims to influence Bengal, TN polls: Congress

Rediff.com3 Apr 2026

The Congress party has accused the government of scheduling a 'special session' to pass bills related to women's quota and delimitation with the intention of gaining political advantage in the upcoming West Bengal and Tamil Nadu elections, calling it a violation of the model code of conduct.

Court Issues Notices to Nirav Modi's Brothers in PNB Scam

Court Issues Notices to Nirav Modi's Brothers in PNB Scam

Rediff.com5 Mar 2026

A special court in Mumbai has issued notices to Nirav Modi's brothers, Neeshal and Nehal Modi, asking them to explain why they should not be declared fugitive economic offenders in the Punjab National Bank scam.

Vijay's TVK credits Rs 20 lakh to kin of stampede victims

Vijay's TVK credits Rs 20 lakh to kin of stampede victims

Rediff.com19 Oct 2025

Actor-politician Vijay's Tamilaga Vettri Kazhagam party on Saturday said Rs 20 lakh each has been credited to the families of those who lost their lives in the Karur stampede on September 27.

Nirav Modi's Brothers Served Notices in PNB Scam Case

Nirav Modi's Brothers Served Notices in PNB Scam Case

Rediff.com5 Mar 2026

A special court in Mumbai has issued notices to Nirav Modi's brothers, Neeshal and Nehal, asking them to explain why they should not be declared fugitive economic offenders in connection with the Punjab National Bank scam.

Court Clears Ajit Pawar in Maharashtra Cooperative Bank Scam Case

Court Clears Ajit Pawar in Maharashtra Cooperative Bank Scam Case

Rediff.com16 Mar 2026

A local court in Mumbai has accepted the police's closure report in the alleged Rs 25,000 crore scam at the Maharashtra State Cooperative Bank (MSCB), giving a clean chit to the late deputy chief minister Ajit Pawar and other accused.

Turning Over Bhagat Singh's Last Page: On Religion, Revolution and Compromise

Turning Over Bhagat Singh's Last Page: On Religion, Revolution and Compromise

Rediff.com24 Mar 2026

On the 95th anniversary of Bhagat Singh's martyrdom, Utkarsh Mishra revisits the ideas and philosophy of the revolutionary giant.

LPG Crisis Triggers Reverse Migration Across Cities

LPG Crisis Triggers Reverse Migration Across Cities

Rediff.com2 Apr 2026

'It would be similar to what happened during COVID-19.' 'They are not just losing income, but being pushed into distress.'

Godfather Actor Robert Duvall Dies At 95

Godfather Actor Robert Duvall Dies At 95

Rediff.com17 Feb 2026

'Robert Duvall's passion for his craft was matched only by his deep love for characters, a great meal, and holding court.'

Sebi takes measures to deepen investors' participation in capital market

Sebi takes measures to deepen investors' participation in capital market

Rediff.com17 Dec 2025

Markets regulator Sebi board on Wednesday approved a series of measures aimed at improving investor convenience, easing compliance norms, and deepening participation in the capital and debt markets.

Ladki Bahin dole amid civic polls sparks row in Maha; Oppn protests

Ladki Bahin dole amid civic polls sparks row in Maha; Oppn protests

Rediff.com12 Jan 2026

Maharashtra minister's announcement regarding the disbursement of financial aid under the Ladki Bahin Yojana before Makar Sankranti has triggered a controversy, with the Opposition alleging a violation of the Model Code of Conduct ahead of municipal elections. The State Election Commission has sought a report on the matter.

EC bars Maha govt from releasing early payment under 'Ladki Bahin'

EC bars Maha govt from releasing early payment under 'Ladki Bahin'

Rediff.com13 Jan 2026

The State Election Commission (SEC) has barred the Maharashtra government from releasing the January instalment of the 'Ladki Bahin' scheme in advance, citing the enforcement of the model code of conduct for municipal elections. The decision follows complaints about the timing of the release, coinciding with upcoming municipal elections.

187 bank transfers in 6 months: Woman loses Rs 32cr in digital arrest

187 bank transfers in 6 months: Woman loses Rs 32cr in digital arrest

Rediff.com17 Nov 2025

A 57-year-old woman in Bengaluru was allegedly defrauded of approximately Rs 32 crore in a 'digital arrest' scam. Posing as CBI officers, fraudsters coerced her into sharing financial details and making numerous bank transfers over six months.

'You Inspired Millions To Reach For The Sky'

'You Inspired Millions To Reach For The Sky'

Rediff.com15 Jan 2026

'My lasting memory of you is your absolute humility in the face of hardships as well as success.'

Critics Choice Awards: The BIG Winners

Critics Choice Awards: The BIG Winners

Rediff.com5 Jan 2026

The Critics Choice Awards was held at the Barker Hangar in Santa Monica and saw Hollywood's A-listers get honoured at the first awards ceremony of the year.

The Salil Chowdhury You Never Knew

The Salil Chowdhury You Never Knew

Rediff.com17 Dec 2025

'At a time when there was little awareness of world music, playing western tunes on eastern instruments like the flute and the dholak, blending vocal polyphony with Indian folk and contemporary styles, Salilkaku created a new musical genre in Bengal called Gana Sangeet.'

'The Key Is Talent, Technology, Trust'

'The Key Is Talent, Technology, Trust'

Rediff.com30 Dec 2025

'Our problem is not a budget deficit but a trust deficit. We need to trust our institutions and industries to innovate and lead. That is the way forward for India.'