News for 'cag report'

Adarsh a 'monumental failure' of governance: PAC

Adarsh a 'monumental failure' of governance: PAC

Rediff.com16 Oct 2013

A parliamentary panel has rapped the Defence ministry and the Maharashtra government for "monumental failure" at all levels of governance with certain officials abusing their position leading to the Adarsh Housing Society scam.

Why a second audit: Tata Comm asks DoT

Why a second audit: Tata Comm asks DoT

Rediff.com19 Apr 2010

The DoT is acting as a liaison between telecom companies and the CAG for an audit by the latter.

No loss to exchequer due to allocation of 2G: Govt

No loss to exchequer due to allocation of 2G: Govt

Rediff.com19 Apr 2010

The government on Monday asserted that there was no loss to the exchequer due to allocation of 2G spectrum to some telecom companies in 2008.

Won't let PM sleep until all farms loans waived: Rahul

Won't let PM sleep until all farms loans waived: Rahul

Rediff.com18 Dec 2018

'If the Modi government does not waive farm loans, we guarantee to waive farm loans if voted to power in 2019'

Govt readies sweeping reforms for PSBs

Govt readies sweeping reforms for PSBs

Rediff.com19 Jan 2018

The governance reforms, as an official put it, would bring in measures to track the performance of the executive-rank employees of the banks, intensively.

CBI sees Kunal Ghosh as key to Mamata-Saradha puzzle

CBI sees Kunal Ghosh as key to Mamata-Saradha puzzle

Rediff.com6 Sep 2014

West Bengal Chief Minister Mamata Banerjee could be staring at troubled times ahead as the Saradha scam trail seemingly leads up to her doorstep.

Sunil Mittal approaches govt over statutory dues

Sunil Mittal approaches govt over statutory dues

Rediff.com28 Oct 2019

Supreme Court had on October 24 upheld government contention that non-core revenue in telecoms groups should be included in adjusted gross revenue. According to DoT's calculations, Bharti Airtel faces a liability of around Rs 42,000 crore after including licence fees and spectrum usage charges while Vodafone-Idea may have to pay about Rs 40,000 crore.

Is India ready for war? No, not really

Is India ready for war? No, not really

Rediff.com16 Aug 2017

'Even though an India-China military conflict scenario seems unlikely, its possibility gets enhanced if our capabilities are seen to be inadequate by the adversary,' warns Vice Admiral Premvir Das (retd).

CBI to probe Air India-Indian Airlines merger, other UPA-era deals

CBI to probe Air India-Indian Airlines merger, other UPA-era deals

Rediff.com29 May 2017

The CBI today registered three FIRs and a preliminary enquiry to probe alleged irregularities in Indian Airlines-Air India merger and purchase of 111 aircraft, leasing of planes and giving up of profit-making routes by Air India, causing a loss of thousands of crore of rupees.

The 'Indiana Jones' who is returning our past to India

The 'Indiana Jones' who is returning our past to India

Rediff.com10 Jun 2016

A group of concerned individuals as the India Pride Project and the support of one man dubbed America's Indiana Jones has resulted in the return of India's heritage back to the country, says Vijay Kumar.

WHO auditor raps Satyam for slow work

WHO auditor raps Satyam for slow work

Rediff.com5 Feb 2009

Acting as external auditor to World Health Organisation, CAG flagged a number of risks associated with the execution of the Global Management System project, where Satyam happens to be the key contractor. The $55.5 million project was initially targeted to go live in September 2007, but was given its first extension until December 2007, then a second until March 2008 and a third until June 2008, the auditor said.

Coalgate and India's crony capitalism

Coalgate and India's crony capitalism

Rediff.com28 Aug 2014

The Supreme Court judgement will hopefully ensure that those in power and authority will hesitate before allotting precious natural resources that belong to each and every citizen of the country in an arbitrary and corrupt manner, says Paranjoy Guha Thakurta.

Nature's Basket wants to be the 'friendly neighbourhood store'

Nature's Basket wants to be the 'friendly neighbourhood store'

Rediff.com13 Oct 2018

Nature's Basket is changing its offering. Its new strategy zeroes in on pushing joint ventures, focusing on private labels and reentering Delhi.

'PSU bids waiver to Satyam?  Panel's nod needed'

'PSU bids waiver to Satyam? Panel's nod needed'

Rediff.com26 May 2009

Earlier this month, the corporate affairs ministry had written to various ministries including telecom, railways and steel seeking directions for public sector units under their administrative control for exempting Satyam from submitting audited balance sheets while bidding for projects of the state-owned firms.

Lodha panel moves Supreme Court seeking BCCI chief Thakur's removal

Lodha panel moves Supreme Court seeking BCCI chief Thakur's removal

Rediff.com28 Sep 2016

The Justice Lodha Committee on Wednesday moved the Supreme Court seeking the removal of Board of Control for Cricket in India's top brass including President Anurag Thakur and Secretary Ajay Shirke for non-compliance of orders.

MCA accepts SC verdict, Pawar to quit president's post

MCA accepts SC verdict, Pawar to quit president's post

Rediff.com24 Jul 2016

Mumbai Cricket Association president Sharad Pawar will quit his position in six months' time after the state body accepted the Supreme Court verdict on sweeping reforms in the Board of Control for Cricket in India (BCCI) and its affiliates in toto.

Navy chief defends Gorshkov deal

Navy chief defends Gorshkov deal

Rediff.com30 Jul 2009

With the Comptroller and Auditor General slamming the government for buying the second-hand Admiral Gorshkov at the price of a new aircraft carrier, Navy Chief Admiral Sureesh Mehta on Thursday defended the price being paid by India for the warship.

What would happen if Mumbai faces Chennai's fate?

What would happen if Mumbai faces Chennai's fate?

Rediff.com4 Dec 2015

The civic body had come under severe attack in June.

'Ready to serve life term if single rupee found in offshore account'

'Ready to serve life term if single rupee found in offshore account'

Rediff.com4 May 2014

Former Telecom Minister A Raja on Sunday said he was ready to serve life imprisonment if a single rupee or dollar was found in any offshore account in his name.

With Modicare rollout, focus shifts to states

With Modicare rollout, focus shifts to states

Rediff.com23 Sep 2018

States are now gearing up to implement the scheme, integrating it with their own public health insurance plans and tying up the loose ends.

How the Supreme Court held nation's attention in 2019

How the Supreme Court held nation's attention in 2019

Rediff.com27 Dec 2019

Verdicts paving the way for construction of a Ram Temple at Ayodhya and India's multi-billion dollar Rafale fighter jet deal with France were 2019's landmark imprints of the Supreme Court, which also found itself at the centre of a controversy with then Chief Justice of India Ranjan Gogoi being accused of sexual harassment before getting the clean chit.

Railways to get first dedicated corridor for freight train

Railways to get first dedicated corridor for freight train

Rediff.com17 Jul 2018

The 190-km railway line will be between Dadri in Uttar Pradesh and Phulera in Rajasthan, which fall under the Western Dedicated Freight Corridor

Former top AI executives trade charges

Former top AI executives trade charges

Rediff.com23 Oct 2013

Air India's former executive director Jitender Bhargava feels the airline should oppose the Tata-Singapore Airline plan to set up a hub in Delhi.

Arvind Subramanian on how to prevent bank scams

Arvind Subramanian on how to prevent bank scams

Rediff.com18 Feb 2018

CEA offers three compelling arguments in his case for privatisation of government-owned banks.

JD-U divided over backing CAB, Nitish draws flak

JD-U divided over backing CAB, Nitish draws flak

Rediff.com11 Dec 2019

Party vice-president Prashant Kishor and general secy Pavan Varma voice disappointment over the JD-U backing the Bill in LS. Urge Nitish to 'reconsider' stand.

Key lessons for the Railways to turn profitable

Key lessons for the Railways to turn profitable

Rediff.com25 Aug 2016

Even as several trains have more than 200 waitlisted passengers every day, running some trains with so many vacant seats is a criminal waste of scarce resource.

Job plan: Govt stops cash payment

Job plan: Govt stops cash payment

Rediff.com5 May 2008

"We will not make payment if the beneficiary does not have a bank account. We have opened 1.45 crore accounts so far. We will cover 3.37 crore beneficiaries very soon," Union Rural Development Minister Raghuvansh Prasad Singh told PTI on Monday. The minister, who was speaking after inaugurating the National Consultation on NREGA, said the move would help check any irregularity in implementation of the programme.

India's telcos continue to dial the wrong number

India's telcos continue to dial the wrong number

Rediff.com2 Aug 2020

India's telecom sector has been through dizzying peaks, troughs, policy U-turns, court battles, brutal competition, and daily controversies. India could go back to a private sector duopoly with just Reliance Jio and Bharti Airtel surviving the mayhem. The third player, Vodafone Idea, could be history.

Kargil returns to haunt George Fernandes

Kargil returns to haunt George Fernandes

Rediff.com18 Mar 2008

In 2001, George Fernandes was in the cross hairs of the Comptroller and Auditor General over the purchase of allegedly overpriced coffins for soldiers killed in battle. Seven years later, the CAG has zeroed in on Fernandes' pet project -- a new ordnance factory in his parliamentary constituency, Nalanda, to manufacture 155 mm ammunition for Bofors guns -- slamming it as a poorly planned project that was rushed through urgently.

Subhash Ghai's Whistling Woods to down shutters?

Subhash Ghai's Whistling Woods to down shutters?

Rediff.com15 Jan 2014

In the next few weeks, the Bombay High Court will hear the institute's petition to review its 2011 directive to vacate the land it occupies in Film City.

It's BCCI vs COA again!

It's BCCI vs COA again!

Rediff.com6 Mar 2018

In what could be termed as an open confrontation, BCCI's acting secretary Amitabh Chaudhary today, in a strongly-worded letter, refused to sign the appointment letter of the new General Manager (marketing), which was finalised by the Supreme Court-appointed Committee of Administrators.

AAP sticks to its promises; announces cheaper power, free water

AAP sticks to its promises; announces cheaper power, free water

Rediff.com25 Feb 2015

The Aam Aadmi Party government has delivered on its big ticket poll promises made to Delhi, two weeks after forming the government.

SC's coal scam verdict today; future tense for 194 blocks

SC's coal scam verdict today; future tense for 194 blocks

Rediff.com1 Sep 2014

Since the court had earlier questioned distribution of mining rights through the screening committee route, experts say the solution worked out would be weighed on the basis of legality.

Losses wipe out equity investments in 82 PSEs

Losses wipe out equity investments in 82 PSEs

Rediff.com16 May 2007

Equity investments in 82 public sector enterprises have been completely eroded due to accumulated losses, an audit of financial statements conducted by the Comptroller and Auditor General of India revealed.

CBI looking into RBI's rationale for rushing 20:80 gold import scheme

CBI looking into RBI's rationale for rushing 20:80 gold import scheme

Rediff.com9 Apr 2018

CBI officials, who questioned former RBI deputy governor H R Khan on Friday, wanted to understand from him why the gold scheme was rushed through without taking into the account the impact and potential misuse.

Cancelled JSPL, Balco mines given to Coal India

Cancelled JSPL, Balco mines given to Coal India

Rediff.com23 Mar 2015

JSPL and Balco had emerged as the highest bidders in the recently concluded auctions.

Centre to compensate states every quarter for GST revenue loss

Centre to compensate states every quarter for GST revenue loss

Rediff.com26 Nov 2016

The compensation would be met through levy of a cess called 'GST Compensation Cess' on luxury items and sin goods like tobacco, for the first five years.

SC upholds decision to keep DND flyway toll-free

SC upholds decision to keep DND flyway toll-free

Rediff.com11 Nov 2016

"We refuse to grant any relief," the SC said.

Rs 16,000 crore allocation for NREGS

Rs 16,000 crore allocation for NREGS

Rediff.com29 Feb 2008

Government will roll out National Rural Employment Guarantee Act scheme in all the 596 rural districts in the country in 2008-09.

What ails India's arms procurement policy

What ails India's arms procurement policy

Rediff.com15 Nov 2006

The defence ministry's new procurement policy is causing delays.