News for 'Office of Information and Regulatory Affairs'

Big verdict: No RTI for BCCI, rules CIC

Big verdict: No RTI for BCCI, rules CIC

Rediff.com7 days ago

The Central Information Commission has ruled that the Board of Control for Cricket in India does not qualify as a 'public authority' under the Right to Information Act, effectively placing it outside the scope of RTI disclosures.

SFIO questions IndusInd execs on accounting discrepancies

SFIO questions IndusInd execs on accounting discrepancies

Rediff.com20 Dec 2025

Private-sector lender IndusInd Bank had said the Serious Fraud Investigation Office (SFIO) interacted with its officials this week and would send a written communication seeking specific details related to the accounting discrepancies identified at the bank.

Sebi panel seeks overhaul of conflict-of-interest, disclosure norms

Sebi panel seeks overhaul of conflict-of-interest, disclosure norms

Rediff.com13 Nov 2025

All board members and staff of the Securities and Exchange Board of India (Sebi) will be required to declare their assets, liabilities, trading activities, and relevant relationships at multiple stages - at the time of appointment, annually, upon key events, and at exit. This is part of a series of recommendations by a high-level committee constituted by the markets regulator in a bid to overhaul conflict-of-interest and disclosure rules.

RCB moves Karnataka HC against CAT's stampede order

RCB moves Karnataka HC against CAT's stampede order

Rediff.com9 Jul 2025

RCB claimed that CAT's order didn't adhere to the principles of natural justice.

'Longstanding demand met,' Patel on Sports Bill

'Longstanding demand met,' Patel on Sports Bill

Rediff.com13 Aug 2025

Patel emphasised that one of the most important features of the bill is the establishment of a dedicated tribunal for resolving disputes, reducing the burden on the judiciary and ensuring quicker justice.

Can Insurers Invest In Bima Sugam India?

Can Insurers Invest In Bima Sugam India?

Rediff.com24 Feb 2025

'Investment by insurers in the Bima Sugam India Federation is illegal as it is a private limited company.'

Rs 900 Crores Cyber Scams Prevented!

Rs 900 Crores Cyber Scams Prevented!

Rediff.com6 Dec 2023

...benefiting 350,000 persons. Also, Trai detected and blocked seven million mobile phone connections involved in cyber fraud and suspicious activities.

Why India Is Buying 5 Argentine Lithium Mines

Why India Is Buying 5 Argentine Lithium Mines

Rediff.com2 Jan 2024

The Centre will invest around Rs 200 crore over five years for the exploration and development of these mines.

70 lakh mobile numbers involved in financial frauds disconnected

70 lakh mobile numbers involved in financial frauds disconnected

Rediff.com28 Nov 2023

To check digital frauds, the government has disconnected 70 lakh mobile numbers so far involved in cybercrime or financial frauds, Financial Services Secretary Vivek Joshi said on Tuesday. Emerging from a meeting to discuss issues related to financial cyber security and increasing digital payment fraud, Joshi, who chaired the meeting, said banks have been asked to strengthen the system and processes in this regard. More such meetings would take place, he said, adding the next meeting is scheduled in January.

The RBI Story: 90 Years And Going Strong

The RBI Story: 90 Years And Going Strong

Rediff.com24 Apr 2024

Of the eight RBI governors who have held office since the 1991 economic liberalisation, Bimal Jalan had the longest stint and S Venkitaramanan, the shortest. Current Governor Shaktikanta Das will overtake Bimal Jalan before completing his second term in December, points out Tamal Bandyopadhyay.

'Even If We Have To Die, We Won't Let This Port Come Up'

'Even If We Have To Die, We Won't Let This Port Come Up'

Rediff.com13 Sep 2024

'Modi knows the people here are opposed to this project, but he is using the might of government to push this port down our throats.'

SII to raise monthly production to 10 cr doses by Aug, Bharat Biotech promises 7.8 cr

SII to raise monthly production to 10 cr doses by Aug, Bharat Biotech promises 7.8 cr

Rediff.com12 May 2021

Several states and UTs including Delhi, Maharashtra, Karnataka and Telangana have decided to opt for global tenders for procurement of anti-coronavirus shots with the domestic supply falling short to meet the rising demand.

PIO Neomi Rao sworn in as judge of powerful DC court

PIO Neomi Rao sworn in as judge of powerful DC court

Rediff.com21 Mar 2019

She will replace US Supreme Court Judge Justice Brett Kavanaugh who was nominated by President Donald Trump for the top post.

Why Auditors Quitting Big Clients Is Complicated

Why Auditors Quitting Big Clients Is Complicated

Rediff.com18 Sep 2023

Auditors seem to have developed a heightened sense of risk and are not content to tick the boxes and sign the papers.

SC asks Kejriwal, LG to rise above 'political bickering'

SC asks Kejriwal, LG to rise above 'political bickering'

Rediff.com17 Jul 2023

The Supreme Court on Monday asked Delhi Chief Minister Arvind Kejriwal and Lieutenant Governor V K Saxena to rise above 'political bickering' and discuss who could head the national capital's power regulator Delhi Electricity Regulatory Commission (DERC), saying the two constitutional functionaries should get down to 'serious work of governance' away from glare of publicity.

Nirmalaji And Why I Quit The Government

Nirmalaji And Why I Quit The Government

Rediff.com15 Jan 2024

She said I treated her like a bachchi. At another moment, she said I had gone to various people and 'bitched' about her. She also threatened to bring the entire matter to the PM's notice. A revealing excerpt from Subhash Chandra Garg's We Also Make Policy: An Insider's Account of How the Finance Ministry Functions.

Has Paytm Woken Up Too Late?

Has Paytm Woken Up Too Late?

Rediff.com20 Feb 2024

Has Vijay Shekhar Sharma given up on the bank? For now, he seems to be on a save-OCL mission. The bank will face its logical end, observes Tamal Bandopadhyay.

Senate okays Indian-American Neomi Rao for federal judgeship

Senate okays Indian-American Neomi Rao for federal judgeship

Rediff.com14 Mar 2019

She will replace controversial Brett Kavanaugh who endured a bitter confirmation battle last year after President Donald Trump named him to the US Supreme Court.

EC delists 86 more fictitious political parties, total number at 357

EC delists 86 more fictitious political parties, total number at 357

Rediff.com13 Sep 2022

The Election Commission on Tuesday ordered the delisting of another 86 'non-existent' registered unrecognised political parties, raising the number of such organisations red flagged by the poll panel for failing to comply with electoral rules to 537.

Indian-American Neomi Rao to replace Kavanaugh on DC Circuit

Indian-American Neomi Rao to replace Kavanaugh on DC Circuit

Rediff.com14 Nov 2018

Born to Zerin Rao anchooling fd Jehangir Narioshang Rao, both Parsi physicians from India, Rao grew up in Michigan and did her srom Detroit High School. She is married to Alan Lefkowitz and the couple has two children.

'Subrata Roy was arbitraging between India and Bharat'

'Subrata Roy was arbitraging between India and Bharat'

Rediff.com16 Nov 2023

'The India which was all about glamour and razzmatazz through which he could earn the trust of people of the other India, which was Bharat.'

Govt refuses to exempt mainstream media from new IT rules

Govt refuses to exempt mainstream media from new IT rules

Rediff.com12 Jun 2021

The government has refused to exempt the digital news content of mainstream television channels and print media from the ambit of the the IT Rules, 2021 and asked them to take 'urgent steps' to comply with the provisions of the digital media rules immediately.

Taxmen raid former NSE MD Chitra Ramkrishna's home

Taxmen raid former NSE MD Chitra Ramkrishna's home

Rediff.com17 Feb 2022

Ramkrishna is in the news after a recent Sebi order said she was steered by a yogi, dwelling in the Himalayan ranges, in the appointment of Anand Subramanian as the exchange's group operating officer and advisor to the managing director (MD).

News of Singh bros siphoning money sparks SFIO probe on Fortis, Religare

News of Singh bros siphoning money sparks SFIO probe on Fortis, Religare

Rediff.com19 Feb 2018

Fortis Healthcare has also come under the lens of Sebi, which launched an investigation into alleged regulatory lapses

Why US-based IT firms are likely to send more work to India

Why US-based IT firms are likely to send more work to India

Rediff.com25 Sep 2020

Most of the large Indian IT services players, such as TCS, Infosys, Wipro, and HCL Tech, have signalled increased offshoring efforts and opting for local hires in the US, primarily to address the immigration-related challenges.

Trouble brews for Indian techies as H-1B visa norms get tougher

Trouble brews for Indian techies as H-1B visa norms get tougher

Rediff.com2 Nov 2018

The new information required by the Department of Labour is significant because before sponsoring a foreign worker for the H-1B visa, the company needs to get its labour application approved by it.

Chinese cos: Scores of CAs, company secretaries, cost accountants under lens

Chinese cos: Scores of CAs, company secretaries, cost accountants under lens

Rediff.com21 Aug 2022

Scores of chartered accountants, company secretaries and cost accountants are currently under the regulatory scanner for alleged violations of the companies law with respect to setting up of certain Chinese companies and their subsidiaries in India, according to officials. The apex bodies of chartered accountants and company secretaries, ICAI and ICSI, have together received around 400 complaints on the issue and necessary actions have been initiated. The Institute of Cost Accountants of India has also initiated action against some of their members in the matter.

India warns of terror groups in Africa controlling political agenda

India warns of terror groups in Africa controlling political agenda

Rediff.com6 Oct 2022

Muraleedharan said that terrorist groups such as Al-Shabaab have put in place elaborate revenue collection networks, to support their terrorist activities.

Ukraine invasion: UK media watchdog revokes Russian channel RT's licence

Ukraine invasion: UK media watchdog revokes Russian channel RT's licence

Rediff.com18 Mar 2022

Ofcom ruled that it did not consider RT's licensee, ANO TV Novosti, 'fit and proper' to hold a UK broadcast licence.

Indian drug regulator threatens to ban Ranbaxy

Indian drug regulator threatens to ban Ranbaxy

Rediff.com29 Jan 2014

A day after getting a show-cause notice from the Indian regulator, senior executives from Ranbaxy Laboratories approached the drug controller's office on Tuesday afternoon, it was learnt.

The e-com draft policy still needs plenty of rewriting

The e-com draft policy still needs plenty of rewriting

Rediff.com10 Jul 2021

The proposed e-commerce rule book issued recently by the ministry of consumer affairs does not mention foreign companies or foreign direct investment (FDI) at any place, unlike most other government guidelines for the sector so far. That is a heartening development since the latest proposals could be fine-tuned as e-commerce policy.

Centre may roll out direct selling guidelines: Amway

Centre may roll out direct selling guidelines: Amway

Rediff.com17 Nov 2012

Kerala and Rajasthan are the only states that have come out with guidelines for the sector.

Chidambaram asked us to help Karti's business: Indrani

Chidambaram asked us to help Karti's business: Indrani

Rediff.com22 Aug 2019

Mukerjea recorded her statement under the Prevention of Money Laundering Act and said she and her husband Peter Mukerjea met Chidambaram at his office in Delhi's North Block.

2020 communal riots: Mamata withdraws cases against Op India, YouTuber

2020 communal riots: Mamata withdraws cases against Op India, YouTuber

Rediff.com9 Dec 2021

The Supreme Court on Thursday appreciated the decision of the West Bengal Government to withdraw the cases against some persons, including editors of a news web portal, in connection with articles published by them and hoped that it would be followed by other states.

State force should never be used to browbeat political opinion, scribes: SC

State force should never be used to browbeat political opinion, scribes: SC

Rediff.com10 Dec 2021

A bench comprising Justices SK Kaul and MM Sundresh made these observations while quashing the FIRs against editors of a news web portal and others, in connection with articles published in West Bengal.

Aadhaar Bill to ensure privacy protection

Aadhaar Bill to ensure privacy protection

Rediff.com3 Mar 2016

The UIDAI, set up in 2009, will manage the generation and authentication of Aadhaar numbers.

Coffee Day Enterprise appoints EY to scrutnise books of accounts

Coffee Day Enterprise appoints EY to scrutnise books of accounts

Rediff.com8 Aug 2019

The auditor will also investigate into the circumstance under which Coffee Day Enterprises late founder V G Siddhartha had written the purported letter dated July 27, 2019, alleging harassment by the Income Tax department.

Govt officials deny reports of PMO and other websites being hacked

Govt officials deny reports of PMO and other websites being hacked

Rediff.com28 Apr 2015

Government websites -- including those of the Prime Minister's Office, home and petroleum ministries, and the department of telecommunications -- were out of service for many hours on Monday. An official attributed the cause to firewall problems.

Sitharaman reviews state of economy with regulators

Sitharaman reviews state of economy with regulators

Rediff.com7 Nov 2019

The 21st meeting of FSDC comes against the backdrop of the economy hitting a six-year low growth rate of 5 per cent in the first quarter of 2019-20. Even some of the macroeconomic data for the second quarter does not portray an encouraging picture of the economy.

Infosys denies knowledge of any fresh complaint

Infosys denies knowledge of any fresh complaint

Rediff.com13 Dec 2019

Infosys pointed out that it is not uncommon for plaintiffs' lawyers to issue press releases or other media communications asking potential plaintiffs to contact them in order to apply for lead plaintiff status in an existing lawsuit. In October, Infosys had informed the stock exchanges of having received anonymous whistleblower complaints alleging certain unethical practices by the top management.