News for 'bank accounts freeze'

Cash Crisis: Aaj ki Taaza Khabar

Cash Crisis: Aaj ki Taaza Khabar

Rediff.com18 Nov 2016

At ATMs, as a step to avoid getting Rs 2,000 notes, people are withdrawing Rs 1,900 in Rs 100 notes and then putting another request for the balance Rs 600, so that they remain within the limit of Rs 2,500 per day of withdrawal.

India, China NSAs to meet next week for NSG, boundary talks

India, China NSAs to meet next week for NSG, boundary talks

Rediff.com29 Oct 2016

National Security Advisor Ajit Doval and his Chinese counterpart Yang Jiechi will meet in Hyderabad in November first week for informal dialogue on the state of bilateral relations

What To Expect from Modi-Kishida Summit

What To Expect from Modi-Kishida Summit

Rediff.com19 Mar 2022

China, the Ukraine crisis and Quad will dominate the discussions, observes Dr Rajaram Panda.

Credit card-related errors that you MUST avoid

Credit card-related errors that you MUST avoid

Rediff.com24 Jul 2019

If the credit card is not used judiciously, it can cause havoc with one's personal finances, warns Sarbajeet K Sen.

E-tailers face tough times as states tighten tax noose

E-tailers face tough times as states tighten tax noose

Rediff.com25 Jan 2015

Kerala's tax authorities are also reviewing other e-commerce companies for similar discrepancies, and might fine more defaulters.

'Subrata Roy not liable for refunding Rs 24,000 crore'

'Subrata Roy not liable for refunding Rs 24,000 crore'

Rediff.com6 Aug 2013

The Sahara group on Tuesday told the Supreme Court that its chief Subrata Roy is not liable for refunding Rs 24,000 crore (Rs 240 billion) collected by its two firms from investors, countering the arguments of SEBI, which wanted his passport to be impounded till the contempt plea against him and companies is decided.

Punish Sahara's Subrata Roy, Sebi urges SC

Punish Sahara's Subrata Roy, Sebi urges SC

Rediff.com30 Jul 2013

Refuting the contention of Roy who had submitted that he cannot be penalised for non-refund of the money by Sahara India Real Estate Corp Ltd and Sahara India Housing Investment Corp Ltd, the market regulator said that the business tycoon held 70 per cent stake in the companies and liable for contempt of court punishable upto to six months imprisonment or fine.

Why Modi's financial schemes are struggling

Why Modi's financial schemes are struggling

Rediff.com30 Nov 2015

The best investment schemes fail if they don't offer incentives to intermediaries to push investors.

PNB eyes Rs 5,500 crore net profit in Q2

PNB eyes Rs 5,500 crore net profit in Q2

Rediff.com11 Jun 2018

However, the road to profitability has already hit some hurdles for the Delhi-based bank as the Union government has rejected its demand for an additional capital infusion of around Rs 8,000 crore in 2018-19

Ford Foundation funding dries up as Modi clamps down on NGOs

Ford Foundation funding dries up as Modi clamps down on NGOs

Rediff.com14 Jul 2015

Modi denies the charges and was exonerated in an Indian Supreme Court inquiry in 2012.

Getting married? 4 money goals for you

Getting married? 4 money goals for you

Rediff.com27 Jul 2016

Financial planning need not be boring or solely be a man's job. It can be made fun and be used as another way to increase a couple's closeness and happiness! Try it!

Some staff say Sahara has not paid salaries for months

Some staff say Sahara has not paid salaries for months

Rediff.com27 Feb 2015

Sahara told the top court this week it was considering other proposals to raise funds, including selling a luxury development outside Pune.

ED attaches UB Holdings, Mallya assets worth Rs 1,411 cr

ED attaches UB Holdings, Mallya assets worth Rs 1,411 cr

Rediff.com12 Jun 2016

Enforcement Directorate to approach court to attach industrialist's properties worth Rs 4,000 crore

How TCS plans to make WFH its mantra

How TCS plans to make WFH its mantra

Rediff.com21 Jul 2020

'At any given point in time, we expect only 25 per cent of our workforce will need to be in office.' 'And any given person will only be required to spend only 25 per cent of their time in office.'

Rupee snaps 3-day rise, down 21 paise to 66.64

Rupee snaps 3-day rise, down 21 paise to 66.64

Rediff.com13 Apr 2016

Snapping its 3-day winning spree against the American currency, the rupee on Wednesday dropped by 21 paise to end at 66.64 on fag-end dollar demand from banks and importers despite a sharp rally in domestic equities.

UK court denies Mallya nod to appeal extradition

UK court denies Mallya nod to appeal extradition

Rediff.com8 Apr 2019

'The appellant (Mallya) has five business days to apply for oral consideration. If a renewal application is made, it will be listed before a high court judge and dealt with at a hearing,' a spokesperson for the UK judiciary said.

IndiGo, SpiceJet stare at huge Q1 losses

IndiGo, SpiceJet stare at huge Q1 losses

Rediff.com8 Jul 2020

Experts expect a net loss of Rs 26.7 billion for IndiGo and Rs 10.1 billion for SpiceJet in Q1FY21 driven by low traffic volume, low fleet utilisation and poor coverage of fixed costs.

I am being hunted, will not speak to the media, says Vijay Mallya

I am being hunted, will not speak to the media, says Vijay Mallya

Rediff.com13 Mar 2016

Liquor baron takes on to Twitter again to lash out at the media for trying to hunt him; asks them not to waste their efforts

Cash crunch shadow on Sensex earnings

Cash crunch shadow on Sensex earnings

Rediff.com22 Nov 2016

Cash crunch shadow on Sensex earnings

How to improve your credit score this Eid

How to improve your credit score this Eid

Rediff.com12 Sep 2016

Sacrifice these common misconceptions to improve your credit score this Eid

Sensex cracks below 25,000-mark as weak global cues negate RBI rate cut

Sensex cracks below 25,000-mark as weak global cues negate RBI rate cut

Rediff.com5 Apr 2016

Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each.

Sahara to hand over title deed of Rs 20k cr assets to SEBI: SC

Sahara to hand over title deed of Rs 20k cr assets to SEBI: SC

Rediff.com28 Oct 2013

Holding that it was playing "hide and seek" and cannot be trusted any more, the Supreme Court on Monday directed the Sahara group to hand over title deeds of its properties worth Rs 20,000 crore (Rs 200 billion) to SEBI warning that failure to comply would mean Subrata Roy cannot leave India.

Sensex drops 371 points to end at 1-week low; financial shares drag

Sensex drops 371 points to end at 1-week low; financial shares drag

Rediff.com28 Mar 2016

The S&P BSE Sensex ended down 371 points at 24,966 and the Nifty50 closed 101 points lower at 7,615.

Independent directors feel the heat as frauds take centre stage

Independent directors feel the heat as frauds take centre stage

Rediff.com16 Jun 2018

More than 1,000 independent directors have quit since January 2017; more could be on their way out

The man who proposed the ban on Rs 500, 1,000 notes

The man who proposed the ban on Rs 500, 1,000 notes

Rediff.com10 Nov 2016

'By demonetising higher denominations of currency notes, we have taken out the vehicle for corruption.' 'But the motive is still there.'

India Inc's investment growth hits 25-year low

India Inc's investment growth hits 25-year low

Rediff.com17 Jul 2017

Fresh investments by corporates up just 5.8% in FY17, lowest since 1992

Sebi struggles to shield savers from more Saharas

Sebi struggles to shield savers from more Saharas

Rediff.com9 Apr 2015

Sahara chief Subrata Roy may not come out clean in the biggest ever investment fraud that he allegedly did few years ago.

Two events that can swing India's fortunes

Two events that can swing India's fortunes

Rediff.com12 Sep 2014

The EU is likely to intensify sanctions if the situation remains tense.

AgustaWestland may face probe in UK

AgustaWestland may face probe in UK

Rediff.com24 Jun 2014

Embattled Anglo-Italian helicopter maker AgustaWestland may face a probe in the UK over its 480 million pounds scandal-hit deal with India for the supply of 12 VVIP choppers.

Pakistan's devotion to LeT's Saeed runs deep

Pakistan's devotion to LeT's Saeed runs deep

Rediff.com13 Jan 2021

The perpetrators of the 2008 Mumbai attack, who shot dead 166 people, had confessed to details that should have been enough to hang him, but Pakistan enjoyed his anti-India rhetoric and let him spread his tentacles. A revealing excerpt from Khaled Ahmed's Pakistan's Terror Conundrum.

Pak army says Saeed's detention in country's interest

Pak army says Saeed's detention in country's interest

Rediff.com31 Jan 2017

The Opposition in the Pakistan Punjab assembly on Tuesday staged a walkout to protest against Saeed's detention.

Did the world dodge a bullet in the crash of 2008?

Did the world dodge a bullet in the crash of 2008?

Rediff.com25 Jul 2018

The flawed response to the crisis has fed a us-vs-them mentality in which the banker, the expert, the coastal entrepreneur, the immigrant, the foreigner are all villains. The crisis was not that much of a problem; the response -- the over-reaction, the sovereign debt build-up and the lasting anger -- is the problem, says Mihir S Sharma.

Why Atal Pension Yojana may struggle

Why Atal Pension Yojana may struggle

Rediff.com18 May 2015

The Union government is keen to ensure financial security for unorganised sector workers

MFs you must buy, hold or exit

MFs you must buy, hold or exit

Rediff.com8 Oct 2020

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

Judgment day: Tainted Blatter appears before FIFA ethics board

Judgment day: Tainted Blatter appears before FIFA ethics board

Rediff.com17 Dec 2015

Suspended FIFA President Sepp Blatter appeared before the ethics committee of world football's governing body on Thursday in a case that could end with him banned from the sport for years.

Large infrastructure cos face tough time as cash flows dries up

Large infrastructure cos face tough time as cash flows dries up

Rediff.com9 Jul 2015

Jaypee, Essar, GMR, GVK, Lanco, Abhijeet groups debt rise despite falling cash flow, says UBS

US charges Honduran football club chief with laundering drug money

US charges Honduran football club chief with laundering drug money

Rediff.com8 Oct 2015

The president of a top Honduras football club and two family members were charged by US authorities on Wednesday with engineering a decade-long scheme to launder drug trafficking and foreign bribery proceeds through US accounts.

5 financial tips if you are planning to change your job

5 financial tips if you are planning to change your job

Rediff.com14 Jan 2015

From the date you put in your papers, the employer will promptly freeze your salary payouts and you will get everything along with the full and final settlement.

Rupee hits near 4-month peak of 66.52 as USD crumbles

Rupee hits near 4-month peak of 66.52 as USD crumbles

Rediff.com6 Sep 2016

This is the highest closing level since May 11, 2016 when the rupee had finished at 66.56

China invites Modi for APEC summit but rivalry simmers

China invites Modi for APEC summit but rivalry simmers

Rediff.com15 Jul 2014

Xi and Modi met soon after their arrival at a summit of the BRICS group of emerging powers. Xi said the two countries should join hands in setting global rules and suggested he attend the November meeting of the 21-nation APEC in Beijing, as well as take part in Chinese-led regional initiatives.