News for 'assets frozen'

Chelsea face Real, Liverpool meet Benfica in Champions League quarters

Chelsea face Real, Liverpool meet Benfica in Champions League quarters

Rediff.com18 Mar 2022

The three Premier League and three La Liga clubs in the last eight avoided each other, with Manchester City up against Atletico Madrid and Liverpool to face Portuguese side Benfica.

ED summons J'khand CM Hemant Soren in money laundering case

ED summons J'khand CM Hemant Soren in money laundering case

Rediff.com2 Nov 2022

The agency wants to question and record his statement under the Prevention of Money Laundering Act.

Cash-strapped Afghanistan on verge of economic collapse

Cash-strapped Afghanistan on verge of economic collapse

Rediff.com17 Sep 2021

The IMF and World Bank have stopped loans, and the FATF warned its 39 member nations to block Taliban assets.

I-T searches at multiple premises of Chinese telecom major Huawei

I-T searches at multiple premises of Chinese telecom major Huawei

Rediff.com16 Feb 2022

The Income-tax department has conducted searches at multiple premises of Chinese telecom company Huawei in the country as part of a tax evasion investigation, official sources said on Wednesday. The raids were launched at the company's premises in Delhi, Gurugram (Haryana) and Bengaluru in Karnataka on Tuesday. Sources said the officials looked at financial documents, account books and company records as part of a tax evasion investigation against the company, its Indian businesses and overseas transactions.

Cryptocurrency heists just got harder, thanks to tech

Cryptocurrency heists just got harder, thanks to tech

Rediff.com19 Jul 2022

Earlier last month, for the first time ever, an anonymous hacker was served with a restraining order as a non-fungible token (NFT), reports Shivani Shinde.

Scam helped Rose Valley create Rs 2,500-cr assets

Scam helped Rose Valley create Rs 2,500-cr assets

Rediff.com9 Apr 2015

Rose Valley is one of the biggest money businesses after Sahara.

Ukraine crisis: US and allies target Putin's daughters, Russian banks

Ukraine crisis: US and allies target Putin's daughters, Russian banks

Rediff.com7 Apr 2022

These sweeping financial sanctions follow the action earlier this week to cut off Russia's frozen funds in the United States to make debt payments.

Mallya 'devastated' to lose control of Force India F1 team

Mallya 'devastated' to lose control of Force India F1 team

Rediff.com30 Jul 2018

The administration was triggered by Force India's Mexican driver Sergio Perez, supported by engine provider Mercedes and team sponsor BWT who were also owed money by a team struggling financially.

If India Becomes Bharat...

If India Becomes Bharat...

Rediff.com9 Sep 2023

By changing the nation's name from India to Bharat, would this landmass overnight lose the emotional and cultural linkage that had been built over generations, centuries and millennia, asks N Sathiya Moorthy.

Jharkhand CM Hemant Soren slapped with fresh ED summons for Nov 17

Jharkhand CM Hemant Soren slapped with fresh ED summons for Nov 17

Rediff.com9 Nov 2022

The Enforcement Directorate has issued fresh summons to Jharkhand Chief Minister Hemant Soren to appear before it in Ranchi on November 17 for questioning in a money laundering case linked to alleged illegal mining in the state, official sources said Wednesday.

Rupee sinks 19 paise to new low of 77.93 against US dollar

Rupee sinks 19 paise to new low of 77.93 against US dollar

Rediff.com10 Jun 2022

The rupee tumbled 19 paise to close at a fresh lifetime low of 77.93 against the US dollar on Friday as rising crude oil prices and unabated foreign capital outflows soured sentiment. A sell-off in equity markets and stronger greenback overseas also weighed on the domestic unit, forex traders said. At the interbank foreign exchange market, the local currency opened at 77.81 and witnessed an intra-day high of 77.79 and a low of 77.93 against the US dollar.

'More than a majority will shift to new tax regime'

'More than a majority will shift to new tax regime'

Rediff.com3 Feb 2023

'I believe the modified scheme is much more beneficial and simpler.'

Come and arrest me, Soren tells ED as agency rejects his plea on summons

Come and arrest me, Soren tells ED as agency rejects his plea on summons

Rediff.com15 Nov 2022

The Jharkhand Mukti Morcha leader had asked the ED to advance the date of appearance to November 16, which has not been agreed to by the agency, they said.

Census unlikely to take place before 2024 Lok Sabha elections

Census unlikely to take place before 2024 Lok Sabha elections

Rediff.com16 Dec 2022

Although the Disaster Management Act for Covid containment measures, considered a hindrance in conducting the census, was withdrawn in March this year the Centre has not taken any further action on conducting the much-delayed population enumeration.

Abramovich completes Chelsea sale to Boehly-led consortium

Abramovich completes Chelsea sale to Boehly-led consortium

Rediff.com30 May 2022

Russian owner Abramovich put the club up for sale in early March following Russia's invasion of Ukraine, which Moscow calls a "special military operation". Sanctions on Abramovich had also complicated the sale process.

UK announces 'first round of sanctions' against 5 Russian banks, 3 businessmen

UK announces 'first round of sanctions' against 5 Russian banks, 3 businessmen

Rediff.com22 Feb 2022

The United Kingdom government on Tuesday imposed tough sanctions against five Russian banks and three super-rich oligarchs from the country over President Vladimir Putin's aggressive action on the Ukraine border.

309,000 'shell' company directors disqualified

309,000 'shell' company directors disqualified

Rediff.com6 Nov 2017

Their bank accounts have been frozen. State governments have been told to restrict sales and transfers of real estate assets these companies own.
Veena Mani reports.

Sahara's significant other worth

Sahara's significant other worth

Rediff.com15 Feb 2013

The combined market capitalisation of the two listed companies of the Sahara group whose assets have been ordered frozen by the Securities and Exchnage Board of India is just Rs 230 crore.

Banks, end KYC-account freeze nonsense

Banks, end KYC-account freeze nonsense

Rediff.com7 May 2021

While law-abiding customers are harassed for KYC and have to comply with endless paperwork even to open and close accounts, DHFL could easily open nearly 260,000 fake home-loan accounts, reveals Debashis Basu.

Indian Corporate Refugees Say 'Dasvidania' to Moscow

Indian Corporate Refugees Say 'Dasvidania' to Moscow

Rediff.com21 Jun 2022

'If a stranger refuses to pet my Russian dog, what treatment can I expect for myself?'

How Banks SURPRISED India

How Banks SURPRISED India

Rediff.com2 Sep 2021

If the earnings in the first quarter of the current financial year are an indication, most banks, particularly those majority-owned by the government, have fared well, reveals Tamal Bandyopadhyay.

'Public Sector Banks Don't Like To Loan To MSMEs'

'Public Sector Banks Don't Like To Loan To MSMEs'

Rediff.com21 Jul 2022

'The approach today is, instead of giving loans to 100 MSMEs, let us give one loan to a big-ticket corporate.' 'And so many of these big fish deceived the banks and the banks are in the doldrums now with high NPAs.'

Nokia's Chennai plant may be left out of Microsoft deal

Nokia's Chennai plant may be left out of Microsoft deal

Rediff.com3 Dec 2013

Finnish phone maker Nokia may have to exclude its Chennai plant from the $7.2 billion deal with Microsoft if tax issues facing the India unit are not resolved by next week.

So how much has ED seized from Modi and Choksi?

So how much has ED seized from Modi and Choksi?

Rediff.com1 Mar 2018

A quick computation puts the following value to the seizures.

US crackdown on online fraud schemes from India

US crackdown on online fraud schemes from India

Rediff.com4 Oct 2012

At the request of the Federal Trade Commission, a US District Court Judge ordered a halt to six alleged tech support scams pending further hearings, and has frozen their assets.

Jagan moves court against freezing of bank accounts

Jagan moves court against freezing of bank accounts

Rediff.com9 May 2012

YSR Congress president Jagan Mohan Reddy will legally oppose the move by the Central Bureau of Investigation to freeze various accounts connected to him, including those of Sakshi TV, Janani infra and Jagathi publications. CBI, which is probing a case of disproportionate assets against Jagan Mohan Reddy, has frozen the accounts of the above mentioned companies as it believes that money procured illegally is parked in these three companies.

CBI freezes bank accounts linked to Jagan

CBI freezes bank accounts linked to Jagan

Rediff.com8 May 2012

In fresh trouble for YSR Congress chief and Kadapa MP Jagan Mohan Reddy, the Central Bureau of Investigation is freezing the accounts of three companies owned by him, including the Sakshi TV.

Why FDI in oil & gas is in a mess

Why FDI in oil & gas is in a mess

Rediff.com13 Oct 2020

The retrospective tax controversy was highlighted by Vodafone, but Cairn Plc's continuing problems point to the impact this law has had on FDI in India's oil and gas sector.

ED visits Ahmed Patel's home for questioning in PMLA case

ED visits Ahmed Patel's home for questioning in PMLA case

Rediff.com27 Jun 2020

The ED had summoned Patel, 70, twice for questioning in the case but the Congress Rajya Sabha MP from Gujarat later cited prevailing COVID-19 guidelines that advises senior citizens to stay indoors in order to remain safe from the pandemic.

'Every day you wake up to see who was arrested last night'

'Every day you wake up to see who was arrested last night'

Rediff.com2 Mar 2021

'If you talk about any kind of equality, you are under attack.'

No refuge or visa for Gaddafi: UK

No refuge or visa for Gaddafi: UK

Rediff.com28 Feb 2011

Britain, which has already revoked Muammar Gaddafi's diplomatic immunity on Monday, ruled out giving refuge to the Libyan dictator who is "responsible for deaths of hundreds of civilians."

HC orders to defreeze accounts of Indira Jaisingh's NGO

HC orders to defreeze accounts of Indira Jaisingh's NGO

Rediff.com31 Jan 2017

Justice M S Sonak in an interim order on Monday restrained the Charity Commissioner from attaching the assets and accounts of the NGO. The HC also ordered defreezing of the domestic and non-FCRA bank accounts of the NGO.

Crisis may propel many firms to divest: E&Y

Crisis may propel many firms to divest: E&Y

Rediff.com18 Mar 2009

Frozen credit markets and a rapidly deteriorating global economy are driving an increasing number of distressed asset sales and historic deals, the survey titled 'Divesting in turbulent times: Achieving value in a buyer's market' stated. The survey found out that globally more than half of respondents (53 per cent) confirm they are more likely to consider divestments due to current economic events.

Will return to India if safety is assured: Mallya

Will return to India if safety is assured: Mallya

Rediff.com16 May 2016

Submits new settlement offer to SBI

Swiss deliver first evidence to US in FIFA case

Swiss deliver first evidence to US in FIFA case

Rediff.com30 Dec 2015

Switzerland's Federal Office of Justice (FOJ) on Wednesday handed over the first batch of evidence to US authorities for its investigation into alleged bribery schemes for soccer marketing rights.

Support people of Myanmar, US urges India

Support people of Myanmar, US urges India

Rediff.com28 Sep 2007

The United States has announced sanctions against 14 senior Myanmar officials, and called on India, China and other nations to support the people of Myanmar who were struggling for democracy.

As India preps for vaccine, cold storage facilities seen critical

As India preps for vaccine, cold storage facilities seen critical

Rediff.com8 Oct 2020

Some vaccine frontrunners are in advanced stages of trial and could hit the market by early next year, making the task of securing "last mile connectivity" and ensuring that nothing goes wrong before the shot is administered more urgent.

Mallya accuses SBI of wasting Indian taxpayers' money on UK legal fees

Mallya accuses SBI of wasting Indian taxpayers' money on UK legal fees

Rediff.com19 Apr 2019

Why doesn't anybody ask the PSU State Bank of India under RTI on how much they are spending on legal fees trying to recover money from me in the UK when I have offered 100 per cent payback in India, asked Mallya.

'We have a term, 'Pakistanisation' of Ukraine''

'We have a term, 'Pakistanisation' of Ukraine''

Rediff.com12 May 2022

'Transformation of Ukraine into some kind of permanent strategic challenger, which Russia would have to contain and deter, spend a significant part of political and strategic resources on it.'

Lehman@10: The ghost continues to haunt emerging markets

Lehman@10: The ghost continues to haunt emerging markets

Rediff.com21 Sep 2018

In dollar terms, the Indian markets managed to climb back to 2008 levels only in January this year. The subsequent fall in the rupee because of emerging market woes has once again pushed the markets below their 2008 level in dollar terms.