Rajesh Sharma has been hospitalised in Kolkata with a severe, rapidly spreading infection after a suspected insect bite during a film shoot in Hyderabad, prompting close medical observation for potential complications.
The National Financial Reporting Authority (NFRA) has commenced an investigation into Rajesh Exports concerning a 15.15 trillion financial misstatement, following a referral from market regulator Sebi.
The National Financial Reporting Authority (NFRA) has initiated a probe into Rajesh Exports following capital markets regulator Sebi's findings of Rs 15.5 lakh crore in revenue misstatements. NFRA chairperson Nitin Gupta also emphasised the critical need for genuine board independence in promoter-driven companies and human oversight in financial reporting, especially with the increasing integration of AI.
The National Financial Reporting Authority (NFRA) has initiated a probe into Rajesh Exports following capital markets regulator Sebi's findings of Rs 15.5 lakh crore in revenue misstatements. NFRA chairperson Nitin Gupta also emphasised the critical need for genuine board independence in promoter-driven companies and human oversight in financial reporting, especially with the increasing integration of AI.
Shares of gems and jewellery firm Rajesh Exports Ltd dropped 5 per cent to hit the lower circuit limit after capital markets regulator Sebi barred its promoter and CEO Rajesh Mehta from dealing in the company's securities, alleging large-scale misrepresentation of financial statements and diversion of funds.
Rajesh Mehta, Chairman of Rajesh Exports, has distanced his firm from LIC's investment decisions, stating, "We don't even know where LIC's office is. We have no contact, no connection. This decision of buying shares through the secondary market is their own decision in a prudent commercial manner."
The company said Valcambi was the engine driving the group's business, but Valcambi's audited accounts showed revenues that were only a fraction of what the group reported. That raised a major red flag.
Rajesh Exports has vehemently denied allegations of inflated revenues and preferential share placement to LIC, labelling them 'speculative inferences' and affirming its commitment to addressing concerns raised by Sebi.
Rajesh Exports has refuted allegations of financial irregularities, stating that its reported revenues are accurate and attributing the Securities and Exchange Board of India's (Sebi) interim action to a 'communication gap' between the regulator and the company.
Opener Lakshay Rajesh Raichandani scored an unbeaten 196, supported by Sagar Virk's 134, to lead India U-19 to 378 for three on day three of the first Youth Test against Sri Lanka U-19. India trails Sri Lanka's first innings total of 424 for nine by 46 runs.
India is waiting for assurance from the US on comparative advantage over other economies under the deal.
The West Bengal government is organising live public screenings of the FIFA World Cup final between Argentina and Spain at Nandan in Kolkata and other district locations. Each district has been allocated Rs 1 lakh for arrangements, with security and logistics being coordinated for the event.
'People often say acting cannot be taught, but it can be learned. I've always believed that, and I've been a sincere student.'
Leslie Lewis shares his journey through India's vibrant pop music scene, revealing the magic behind his timeless melodies in this nostalgic podcast.
General Dhiraj Seth assessed operational preparedness, counter-terror operations and border security across Jammu and Kashmir.
A woman, her paramour, and an accomplice allegedly murdered her husband in Hyderabad for property. The two men then transported his body to Maharashtra and burnt it. The wife initially reported him missing but later confessed to the crime during police investigation.
Indian benchmark indices, Sensex and Nifty, saw early gains, primarily driven by IT stocks, amidst expectations of a less aggressive monetary policy from the US Federal Reserve following softer inflation data. Global market trends and upcoming Q1 results are also influencing investor sentiment. Track Sensex, Nifty on july 16.
Wayanad tunnel project landslide death toll has risen to seven as rescue teams continue searching for the last missing worker.
Did you know Sonali Kulkarni was recommended by Mani Ratnam at the very beginning of her career?
Sixteen-year-old para cyclist Lisha Das from Assam has made history by becoming the youngest athlete selected to represent India at the 2026 Commonwealth Games in Glasgow, where she will compete in the Para Track Cycling event.
I was armed with two dictaphones -- and a bottle of whisky that the editor had paid for, to lubricate the conversation.
A massive landslide at Wayanad's Kalladi tunnel project killed three people, with politicians blaming contractors for ignoring repeated warnings to remove dumped earth.
BMW Group India says every Re 1 depreciation in the rupee against the euro trims its profit margin by about 1 per cent, prompting the company to consider further price increases.
Mountain drives are the ultimate test of an EV's stamina. Here is how the Sierra.ev fared over a rigorous test loop in the Nilgiris, says Rajesh Karkera/Rediff.com.
Indian benchmark indices Sensex and Nifty saw a significant rebound in early trade, driven by softer-than-expected US inflation data which has reinforced expectations of a less aggressive monetary policy stance from the Federal Reserve, providing relief to global risk assets.
Cloudburst-triggered landslide devastates Thathri town in Jammu and Kashmir's Doda district, damaging homes and shops, but no lives are lost.
Nikita Dutta is bindaas, and doesn't shy away from any kind of question, no matter how controversial or personal it may appear. So yes, body shaming, going under the knife, casting requests, romance, her starry co-stars... she's got it all covered on The Rediff Podcast.
Tamil Nadu's Rajesh Ramesh won gold in the 400m men's Race A at the Indian Open, clocking a personal best. Vithya Ramraj won the women's 400m Race A.
When Rajesh Khanna was a superstar in the early 1970s, female fans would write letters in blood to him. But the man himself had eyes only for one woman: His girlfriend Anju Mahendru.
If Rohit Sharma's ODI exit is coming, it should be announced with dignity and not through rumours and leaks. You don't whisper exits for great players -- you announce them with respect, asserts K R Nayar.
Registration begins ahead of the Amarnath Yatra starting on July 3.
India's exports increased by 15.5 per cent to USD 40.41 billion in June, but the trade deficit significantly widened to a record USD 30.43 billion due to a 31 per cent surge in imports.
Anjali Saikia's extraordinary act of breastfeeding an orphaned palm civet alongside her infant son in 2009 has been immortalised in a CBSE Class X English supplementary reader, 'Words and Expressions Part Two', inspiring students across India with a lesson on empathy and coexistence.
India concluded its campaign at the inaugural Asian U23 Athletics Championships with a total of 16 medals, including two gold medals won by javelin thrower Anand Singh and the women's 4x400m relay team. Anand Singh achieved a personal best throw of 80.57m, while other Indian athletes secured multiple silver and bronze medals across various events.
Thirteen blackbucks and a stray dog were discovered dead in a farm well in Shajapur district, Madhya Pradesh, leading forest authorities to launch an investigation. The carcasses were found after a foul smell was reported, and it is suspected the animals fell into the well while escaping stray dogs.
Anupam Kher and Naseeruddin Shah find themselves in a public war of words, reigniting their long-standing feud over Shah's 'clown' remarks and Kher's political affiliations.
India concluded the third day of the inaugural Asian U23 Athletics Championships with a total of 11 medals, adding three more on Saturday. Distance runner Shivaji Parashuram secured his second silver medal in the men's 10,000m, while Priya won bronze in discus throw and Shravani Sangle claimed bronze in the 400m hurdles.
Sir Garfield Sobers, widely considered the greatest all-rounder in cricket history, passed away just days before his 90th birthday, leaving behind an unparalleled legacy that included a significant connection with India both on and off the field.
Days after an altercation with a Bharatiya Janata Party block chief, IAS officer Rinku Singh Rahee, posted as sub-divisional magistrate (SDM) of Jalaun tehsil, has been transferred with immediate effect.
As Sonam Wangchuk's hunger strike enters its 19th day, critics question why the government has remained silent despite mounting concerns over student welfare, observes Harishchandra.
