News for 'SCAM International'

BCCI keeping an eye out for 'Kingpin' of match-fixing

BCCI keeping an eye out for 'Kingpin' of match-fixing

Rediff.com29 Jun 2020

BCCI's anti-corruption chief Ajit Singh said Ravinder Dandiwal, who hails from Mohali, also finds a mention in ACU's education manual.

Why Nirav Modi reminds me of Nick Leeson

Why Nirav Modi reminds me of Nick Leeson

Rediff.com1 Mar 2018

Decades apart, but the drama linked to the two appears similar, says Nivedita Mookerji.

Even if BJP loses 2024, unlikely Congress will win

Even if BJP loses 2024, unlikely Congress will win

Rediff.com30 Jul 2020

The Congress seems to have learned nothing from its defeats. At a time when its supporters worry that the idea of India is under attack, the party is still preoccupied with its own battles, notes Vir Sanghvi.

Air India saga: Taxpayers won't have to pay Rs 20 cr/day

Air India saga: Taxpayers won't have to pay Rs 20 cr/day

Rediff.com17 Oct 2021

Two aborted missions, three different ministers, multiple rule changes and two decades later, Indian taxpayers will no longer have to pay Rs 20 crore per day to keep the loss-making Air India flying. While opposition Congress expectedly attacked the decision as selling the family silver, DIPAM secretary Tuhin Kanta Pandey said what Tata is getting is not a cash cow but an airline which is bleeding where money needs to be pumped in to refurbish obsolete aircraft and dust up strangled ones while being unable to touch any employee for one year and only be able to resize staff after paying a VRS. "It won't be a very easy task there. Only advantage is they (new Air India owner) are paying the price which they think they can manage. "They are not taking the excessive debt accumulated to fund years of losses. We are continuing it as an ongoing concern.... This process has also saved huge amount of taxpayers money going forward," Pandey told PTI.

FIFA scam: Ex-Honduran leader pleads guilty in US bribery case

FIFA scam: Ex-Honduran leader pleads guilty in US bribery case

Rediff.com29 Mar 2016

Former Honduran President Rafael Callejas pleaded guilty on Monday to U.S. charges that he participated in bribery schemes that are under investigation at soccer's world governing body FIFA.

'Sashi' has large shoes to fill as HDFC Bank's new boss

'Sashi' has large shoes to fill as HDFC Bank's new boss

Rediff.com13 Aug 2020

Apart from navigating the bank through the Covid crisis, Jagdishan may also have to deal with the latest development on the auto loan lending practice scam. He will be expected to deliver consistent profit growth of 20 per cent-plus quarter after quarter, irrespective of the operating environment.

Mamata Banerjee and the Politics of Impulsiveness

Mamata Banerjee and the Politics of Impulsiveness

Rediff.com20 Dec 2021

Hasty, ill-conceived steps show how isolated Mamata Banerjee had been from the national political trend. A fascinating excerpt from Sugato Hazra's Losing The Plot: Political Isolation Of West Bengal.

'Physical torture remains the main form of interrogation'

'Physical torture remains the main form of interrogation'

Rediff.com19 Nov 2021

'One police officer told me that trials take forever, conviction rates are low.' 'So one way to judge states' performance on handling crime is through the 'recovery rate' of their police.' 'The fastest way to get recovery is by torturing the accused.'

Aashram review

Aashram review

Rediff.com2 Sep 2020

Bobby Deol, on a comeback trail of sorts, is far more surefooted as the devious godman, smoothly transforming from genuine to shady, than his deadpan cop in the recently released Class of '83, feels Sukanya Verma.

Newsmakers of 2009: A scam, a car, a tussle

Newsmakers of 2009: A scam, a car, a tussle

Rediff.com30 Dec 2009

From a technocrat turned fraudster Ramalinga Raju's confession to the snub-nosed Nano, 2009 offered some forgettable and many memorable moments in business.

Now, Kerala withdraws general consent to CBI

Now, Kerala withdraws general consent to CBI

Rediff.com4 Nov 2020

The consent is akin to a blanket nod for the agency to probe scheduled offences specified in the Delhi Special Police Establishment Act (DPSE) Act, 1946.

Lapses in banking system: Govt seeks RBI's views

Lapses in banking system: Govt seeks RBI's views

Rediff.com20 Feb 2018

In its letter, finance ministry has pointed to sections 35, 35A and 36 of the Banking Regulation Act, 1949, to highlight the powers and functions of the RBI as regulator

REVEALED: How call centre scamsters stole Rs 500 crore

REVEALED: How call centre scamsters stole Rs 500 crore

Rediff.com21 Oct 2016

From June 1 to October 4, the call centre scam mastermind collected Rs 12 crore from just one call centre.

Nirav Modi fraud case: Original sin committed in UPA tenure, says Sitharaman

Nirav Modi fraud case: Original sin committed in UPA tenure, says Sitharaman

Rediff.com17 Feb 2018

Nirmala Sitharaman said Nirav Modi may have been able to run away from the country, but the government is taking action against him, and claimed that it will "surely nab him".

The BEST Indian Films of 2021

The BEST Indian Films of 2021

Rediff.com29 Dec 2021

Aseem Chhabra lists his favourite Indian films of 2021.

AAP defends Amantullah Khan, reject his resignation

AAP defends Amantullah Khan, reject his resignation

Rediff.com11 Sep 2016

Sisodia also lashed out media for carrying news against AAP leaders without "checking facts".

MP CM's son files defamation case against Rahul; got confused, says Cong chief

MP CM's son files defamation case against Rahul; got confused, says Cong chief

Rediff.com30 Oct 2018

Chouhan's son Kartikey accused the Congress leader of intentionally making a false allegation about his name being in Panama Papers of alleged tax evaders.

KPL fixing scandal: KSCA management committee member held

KPL fixing scandal: KSCA management committee member held

Rediff.com4 Dec 2019

So far, nine people including Shinde have been arrested.

Interpol issues red corner notice for Nirav Modi's brother Nehal

Interpol issues red corner notice for Nirav Modi's brother Nehal

Rediff.com13 Sep 2019

They said the global arrest warrant against the Belgian national Nehal, 40, has been issued on charges of alleged money laundering that is being probed by the Enforcement Directorate.

How some SC judgements changed the game for corporate India

How some SC judgements changed the game for corporate India

Rediff.com28 Dec 2015

The 1995 judgment in the Union of India vs Cricket Association of Bengal case emphasised that free speech is essential for a successful democracy and citizens must have a plurality of views and a range of opinions on all public issues, says M J Antony.

Indian teen held for planning machete attacks on Singapore mosques

Indian teen held for planning machete attacks on Singapore mosques

Rediff.com27 Jan 2021

A 16-year-old Singaporean boy, a Protestant Christian of Indian ethnicity, was detained last month under the Internal Security Act (ISA) after planning to use a machete to attack Muslims at two mosques in March, on the anniversary of New Zealand's Christchurch attacks.

Rs 3,700cr Noida ponzi: ED raids 5 locations in UP

Rs 3,700cr Noida ponzi: ED raids 5 locations in UP

Rediff.com5 Feb 2017

The Enforcement Directorate on Sunday conducted searches in various Uttar Pradesh cities after it registered a money laundering case to probe the alleged Rs 3,700 ponzi scam case perpetrated by seeking fake social media 'likes' from lakhs of gullible investors by a Noida based firm.

Finance ministry asks banks to revisit risk management process

Finance ministry asks banks to revisit risk management process

Rediff.com15 Oct 2015

The review will help all the banks find if there is any loophole.

Was Nirav Modi tipped off?

Was Nirav Modi tipped off?

Rediff.com28 Feb 2018

'It can't be a coincidence that he and his family, uncles and all, vanished from India only days before the scam was discovered.'

Kerala 2021: Advantage Pinarayi Vijayan

Kerala 2021: Advantage Pinarayi Vijayan

Rediff.com15 Mar 2021

In four years, the state has had to battle cyclones, two floods, and two epidemiological disasters. If people bring Pinarayi Vijayan back to power, he must have done something right, obsevers Aditi Phadnis.

If India can build rockets, why do we need Czech trucks?

If India can build rockets, why do we need Czech trucks?

Rediff.com28 Feb 2013

A country that can launch a 229-tonne rocket with seven international satellites into space does not need to import trucks, howitzers or helicopters, says Claude Arpi, who was present at the PSLV launch in Sriharikota on Monday.

Will cooperate with Indian authorities: Finmeccanica

Will cooperate with Indian authorities: Finmeccanica

Rediff.com19 Feb 2013

In the thick of allegations of the Rs 3,600 crore scam in the deal of 12 helicopters to India, Italian company Finmeccanica Tuesday said it is ready to cooperate with Indian authorities to clarify the matter.

Ready to cooperate with Indian authorities: Finmeccanica

Ready to cooperate with Indian authorities: Finmeccanica

Rediff.com19 Feb 2013

In the thick of allegations of the Rs 3,600 crore scam in the deal of 12 helicopters to India, Italian company Finmeccanica on Monday said it is ready to cooperate with authorities here to clarify the matter.

A bureaucrat for 'the little guy'

A bureaucrat for 'the little guy'

Rediff.com6 Mar 2021

Rahul Khullar's guiding credo was that a civil servant must never lose sight of his client: The little guy. The evil men are those who are decision-makers but abdicate their responsibility of taking decisions, leading people to lose confidence in public institutions.

Satyam scam: 2 more PwC auditors in the dock

Satyam scam: 2 more PwC auditors in the dock

Rediff.com18 Mar 2009

ICAI starts proceedings against software firm's CFO and head of audit cell.

Not force but development will bring PoK in India: Guv

Not force but development will bring PoK in India: Guv

Rediff.com18 Sep 2019

Malik said that some ministers have been talking about taking back PoK from Pakistan by force.

'This government wants to make India a gambling den'

'This government wants to make India a gambling den'

Rediff.com14 Mar 2018

'We feel there is definitely something murky in the system.' 'Will anyone believe that Nirav Modi will go to a branch and bribe a low-level officer?' 'Just look at the people with whom he had moved around.'

'CPI-M is enemy number one'

'CPI-M is enemy number one'

Rediff.com4 Mar 2016

'The CPI-M indulges in senseless talk. Be it the solar scam or the National Games scam, did the CPI-M prove anything?'

Cyber-attacks: What Modi must know!

Cyber-attacks: What Modi must know!

Rediff.com15 Mar 2021

'What we are actually missing in India is a platform wherein the government engages with cybersecurity experts, gets them employed and then utilises their capability to deter such attacks.'

How to steer clear of online classified sites fraudsters

How to steer clear of online classified sites fraudsters

Rediff.com18 Jul 2019

It's best to avoid deals that sound too good to be true.

'Govt banks rarely take note of RBI directives'

'Govt banks rarely take note of RBI directives'

Rediff.com20 Jun 2018

'For years, the RBI has been warning banks on probable frauds in bank guarantees and advised them to exercise due care.' 'PSB staffers feel their jobs are secured, hence there is no need to be vigilant and exercise financial prudence.'

Chopper scam: Budget session likely casualty as Centre, Congress trade charges

Chopper scam: Budget session likely casualty as Centre, Congress trade charges

Rediff.com28 Apr 2016

With an aggressive Opposition and unyielding government, important legislation could be the biggest casualty, as details of the helicopter contract surface.

How to save yourself from financial frauds, online and offline

How to save yourself from financial frauds, online and offline

Rediff.com20 Sep 2021

India recorded 50,035 cases of cyber crime in 2020, an 11.8 per cent surge in such offences over the previous year, according to the National Crime Records Bureau (NCRB) data. The Reserve Bank of India (RBI) last week once again cautioned bank customers of fraud, including those in Know-Your-Customer (KYC) cases. In fact, certain frauds have become more prevalent than others, and being aware of them is the first step towards protect yourself. Mayur Joshi, chief executive officer, Indiaforensic.com, a company engaged in the prevention, detection, and investigation of frauds says, "It is necessary to learn, to read about these scams."