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News for 'consumer fraud'

Volkswagen's fate hangs in balance, will it face criminal charges?

Volkswagen's fate hangs in balance, will it face criminal charges?

Rediff.com23 Sep 2015

Volkswagen AG will probably have to show there was some legitimate reason to install software that led to false vehicle emissions tests.

The Great Property Crash

The Great Property Crash

Rediff.com25 Jan 2019

'In many parts of the country, the empty nest-and-empty-nest egg story is a painful boom-to-bust saga.' 'Among the old and young, it is hitting pockets hard, in a linked chain of debt-laden banks, corrupt politicians and builder mafias and disastrous government policies,' says Sunil Sethi.

ED seeks red corner notice against Mallya

ED seeks red corner notice against Mallya

Rediff.com12 May 2016

Mallya remains elusive to India as the United Kingdom informed the government that they cannot comply with their request to deport him

Stocks stage relief rally as trade war fears ebb

Stocks stage relief rally as trade war fears ebb

Rediff.com8 Mar 2018

The BSE Sensex zoomed 318 points to end at 33,351.57, while the broader Nifty spurted 88 points to 10,242.65.

113 million Indians lost Rs 16k on average to cyber crime

113 million Indians lost Rs 16k on average to cyber crime

Rediff.com19 Nov 2015

The global study covered 17 countries.

The big threats India Inc faces from unlikely quarters

The big threats India Inc faces from unlikely quarters

Rediff.com29 Sep 2015

India Inc is facing threat from non-traditional sources.

New Companies Act draft hits small auditors more

New Companies Act draft hits small auditors more

Rediff.com10 Sep 2013

Auditors have to be compulsorily changed by a company at the end of two five-year terms, say the new rules.

Wanted: Whistle-blower specialists to expose malpractices

Wanted: Whistle-blower specialists to expose malpractices

Rediff.com5 Sep 2014

A mechanism on whistle blowing is mandated from October and third-party entities managing such services give staffers far more confidence to blow the lid on wrongdoing.

How e-commerce firms are making money from 'returned' products

How e-commerce firms are making money from 'returned' products

Rediff.com29 Sep 2015

High return rates in the e-commerce space are making a dent in the margins of e-retailers.

Amrapali: How the treacherous trio diverted homebuyers money

Amrapali: How the treacherous trio diverted homebuyers money

Rediff.com9 Aug 2019

The three promoters - Anil Kumar Sharma, Ajay Kumar and Shiv Priya - had diverted Rs 1,500-1,600 crore through bogus methods like loans and advances between group firms at inflated rates.

Optimism is high, but the business environment is challenging: Mark Goodburn

Optimism is high, but the business environment is challenging: Mark Goodburn

Rediff.com9 Feb 2016

Organisations are focusing on how they are going to be much more nimble, much more innovative and that is the ticket to success, Mark Goodburn tells Sangeeta Tanwar

Meet Patanjali's Balkrishna, a 'swadeshi' tycoon

Meet Patanjali's Balkrishna, a 'swadeshi' tycoon

Rediff.com10 Oct 2017

The man who owns close to 94 per cent of the shares of Patanjali Ayurved, an unlisted company, does not, however, take a salary or receive dividends.

Stocks slide to 5-month lows amid global sell off as trade war escalates

Stocks slide to 5-month lows amid global sell off as trade war escalates

Rediff.com23 Mar 2018

Investors lost around Rs 1.57 lakh crore in market valuation on Friday.

ICICI Lombard under lens for alleged irregularities

ICICI Lombard under lens for alleged irregularities

Rediff.com14 Mar 2014

The vigilance department of the Insurance Regulatory and Development Authority is looking into such complaints in Rajiv Gandhi Shilpi Swasthya Bima Yojana, Weather Insurance Scheme, Shetkari Apghati Durghatana Bima Yojana and Panjikrut Kishan Durghatana Bima Yojana, according to a letter written by IRDA to Finance Ministry on its ongoing probe.

Abhijit Banerjee and the mystique of the Nobel Prize

Abhijit Banerjee and the mystique of the Nobel Prize

Rediff.com2 Nov 2019

Does Abhijit Banerjee's Nobel Prize help India reduce extreme poverty, asks Rajeev Srinivasan.

A case for bitcoin

A case for bitcoin

Rediff.com2 Oct 2017

A small percentage of asset allocation to bitcoin seems like a reasonable gamble, as it could be a major gainer in an uncertain global environment, says Devangshu Datta.

Volkswagen looks at cutting costs to meet emission scandal expense

Volkswagen looks at cutting costs to meet emission scandal expense

Rediff.com1 Oct 2015

Volkswagen is looking at ways to cut costs and boost cash flow.

Tempting online offers? Beware of the fine print

Tempting online offers? Beware of the fine print

Rediff.com27 Jan 2015

Buying on the internet is the future but be wary of the fine print and make sure you get a genuine product.

Now, you can sell a spare movie ticket on Snapdeal's Shopo

Now, you can sell a spare movie ticket on Snapdeal's Shopo

Rediff.com16 Jul 2015

Idea is to bring millions of small and medium enterprises online by making it easy for them to list and sell.

Aditya Puri's dream for HDFC Bank: Indian Alibaba

Aditya Puri's dream for HDFC Bank: Indian Alibaba

Rediff.com9 Jul 2019

Tamal Bandyopadhyay details HDFC Bank's digital journey.

Subsidy cuts in budget may disappoint investors

Subsidy cuts in budget may disappoint investors

Rediff.com20 Feb 2015

Total subsidy bill could come down to around Rs 2 trillion.

Major sponsors call for FIFA's Blatter to resign

Major sponsors call for FIFA's Blatter to resign

Rediff.com3 Oct 2015

Major football sponsors on Friday issued coordinated calls for the immediate resignation of FIFA president Sepp Blatter in the most significant move by companies supporting the sport since a bribery and corruption scandal erupted at world football's governing body last May.

Investment banks order forensic audit of promoters, key management staff

Investment banks order forensic audit of promoters, key management staff

Rediff.com22 Apr 2015

The bank wanted to run a background check on some Indian promoters.

'Finance ministry supported NSE in fight with MCX'

'Finance ministry supported NSE in fight with MCX'

Rediff.com22 Mar 2014

Chary also says some government officials have played an important role in favouring organisations that MCX competes with.

7 benefits if Insurance Bill is passed

7 benefits if Insurance Bill is passed

Rediff.com27 Oct 2014

It will allow more transparency in policies and flexibility in premium payment, besides improving processing of claims.

6 benefits of using E-payment cards

6 benefits of using E-payment cards

Rediff.com14 Dec 2015

While we are slowly moving towards a future where using hard cash will be obsolete, it is indeed a wise idea to start using E-payment cards for pocket money. We need to keep up with the times while we follow our children into the future.

Rajya Sabha clears 10% quota for poorer sections in general category

Rajya Sabha clears 10% quota for poorer sections in general category

Rediff.com9 Jan 2019

The bill was passed with 165 voting in favour and 7 against it.

Bank liable for fraudulent ATM withdrawal

Bank liable for fraudulent ATM withdrawal

Rediff.com1 Dec 2014

At times, banks violate all banking norms, resulting in a customer's accounts wiped clean through illegal ATM withdrawals.

How to spot a home loan scam!

How to spot a home loan scam!

Rediff.com12 Oct 2015

Here are some pointers that should serve as red flags for you

Prohibition will fail in Bihar as it has in Gujarat

Prohibition will fail in Bihar as it has in Gujarat

Rediff.com14 Apr 2016

'Its three primary effects are to send the alcohol economy underground (depriving the state of revenue), to criminalise the casual drinker and to criminalise the police,' says Aakar Patel.

2018: Year of reckoning for India Inc

2018: Year of reckoning for India Inc

Rediff.com28 Dec 2018

A glance back at some of the important ups and down Indian Inc faced in 2018.

NSEL fiasco: Exchange-broker-client nexus under lens

NSEL fiasco: Exchange-broker-client nexus under lens

Rediff.com27 Sep 2013

Preliminary investigations conducted by capital markets regulator Securities and Exchange Board of India and inputs from other regulators and government departments suggest that some brokers were offering structured financial products to their HNI clients under some portfolio investments schemes for high returns of 10-20 per cent.

We are exploring 100% FDI in retail: Adidas CMD

We are exploring 100% FDI in retail: Adidas CMD

Rediff.com19 Aug 2013

To put its Reebok business in order, the German footwear major hand-picked the soft-spoken Erick Haskell, who has vast experience of working in China.

When a huge discount is not anti-competitive

When a huge discount is not anti-competitive

Rediff.com13 Oct 2014

Allegations of predatory pricing may not hold ground in the high-pitch turf battle for consumers' pocket between e-tail and retail.

Blacklisting companies? What the govt must do

Blacklisting companies? What the govt must do

Rediff.com19 Jun 2013

Governments must give companies a hearing before blacklisting them.

5 things to do to tackle NPAs

5 things to do to tackle NPAs

Rediff.com18 Oct 2017

For stressed loans, the need is to prevent disruption in cash flows from a systemic perspective, conserving employment and assets in untainted enterprises with the potential for recovery, says Shyam Ponappa.

How NSEL scam derailed commodity market in 2013

How NSEL scam derailed commodity market in 2013

Rediff.com25 Dec 2013

Commodity futures market's dream run came to a halt in 2013 as a Rs 5,600 crore scam in Jignesh Shah-led spot exchange NSEL and imposition of transaction tax on non-farm items hampered the growth of business, with turnover estimated to dip by 30 per cent to Rs 125 lakh crore.

Demonetisation was an absurd and dangerous policy

Demonetisation was an absurd and dangerous policy

Rediff.com2 May 2018

In refusing to accept its failure, the government has sowed the seeds of further damage: by keeping India short of cash; reducing the headroom for responses to seasonal spikes in cash demand; and increasing the chances that groups will panic at temporary cash shortages, says Mihir Sharma.

More IT firms may come under US lens for visa issues

More IT firms may come under US lens for visa issues

Rediff.com2 Nov 2013

Infosys may have put the visa misuse investigations behind it through a civil settlement with the US authorities, but experts believe that the episode might drag its other peers under the scanner.

Brokers on the warpath against FT group, NSEL

Brokers on the warpath against FT group, NSEL

Rediff.com14 Aug 2013

Investor forum wants govt to take over exchange, raises doubts on claims of matching stocks; NSEL says default by brokers to be dealt with legally.

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