News for 'disproportionate assets'

'Issues' force EPS and OPS to press pause on AIADMK merger

'Issues' force EPS and OPS to press pause on AIADMK merger

Rediff.com18 Aug 2017

Party sources indicated that there were "some ticklish issues" that were to be addressed by both groups, but declined to elaborate further.

What Went Wrong For Cyrus Mistry At Tatas

What Went Wrong For Cyrus Mistry At Tatas

Rediff.com16 Jun 2023

If Cyrus's protestations of having no knowledge of his imminent dismissal are to be taken at face value, he was extraordinarily naive and insulated from the ground reality. There were enough straws in the wind to suggest that his relations with Ratan were fast deteriorating to a point of no return.

Bihar govt to confiscate property of 40 corrupt officials

Bihar govt to confiscate property of 40 corrupt officials

Rediff.com2 Nov 2012

After confiscating the assets of six corrupt government officials in Bihar, the state government has sought the court's permission to confiscate the assets of 40 corrupt officials.

Jaya's niece denied entry into Poes Garden home, blames brother

Jaya's niece denied entry into Poes Garden home, blames brother

Rediff.com11 Jun 2017

Deepa's brother Deepak was present in the house when she arrived.

No connection with health scam, Centre misusing CBI: Mayawati

No connection with health scam, Centre misusing CBI: Mayawati

Rediff.com22 Sep 2015

Bahujan Samaj Party supremo Mayawati targeted the Bharatiya Janata Party-led government over the Central Bureau of Investigation's decision to question her on the multi-crore National Rural Health Mission scam, claiming she had no connection with it and that the Centre was misusing the agency ahead of Bihar elections for political gains.

Jaya, first CM to be convicted for corruption

Jaya, first CM to be convicted for corruption

Rediff.com27 Sep 2014

'As she has been sentenced to 4 years in prison, her disqualification period begins after that for 6 years, totaling the next 10 years of her life, which may indicate that her legislative career in politics is over for the time being.'

All eyes on Guv as Palanisami, OPS claim to have numbers

All eyes on Guv as Palanisami, OPS claim to have numbers

Rediff.com16 Feb 2017

It remains to be seen whether the Governor goes by the AG's advice for a floor test by the two competing claimants for chief ministership or invites Palanisami to form the government.

On her way to jail, Sasikala makes pit stops at Jaya memorial, MGR house

On her way to jail, Sasikala makes pit stops at Jaya memorial, MGR house

Rediff.com15 Feb 2017

All India Anna Dravida Munnetra chief V K Sasikala on Wednesday visited the memorial of J Jayalalithaa and the Ramapuram residence of party founder M G Ramachandran before leaving for Bengaluru to surrender before a court.

MFIs should not throw caution to wind, warns RBI

MFIs should not throw caution to wind, warns RBI

Rediff.com27 Oct 2021

Reserve Bank of India Deputy Governor M Rajeshwar Rao on Wednesday said while the central bank will foster growth in the microfinance (MFI) sector, the lenders in the space should not throw caution to the wind to achieve higher asset growth and returns. MFIs should not try to mimic the strategies of mainstream finance, as those serving the microfinance borrowers have a greater need to balance the social objectives with their lending operations, he said.

UP polls: Allies, mother-son fighting each other in Allahabad

UP polls: Allies, mother-son fighting each other in Allahabad

Rediff.com10 Feb 2017

In Soraon, despite the tie-ups, Congress, SP, BJP and Apna Dal candidates are contesting against their allies.

The tough road ahead for Sasikala

The tough road ahead for Sasikala

Rediff.com6 Feb 2017

Sasikala may be set to take over the reins of Tamil Nadu, yet she faces a period of immense turbulence.

Once a video shop owner, she will now be Tamil Nadu CM

Once a video shop owner, she will now be Tamil Nadu CM

Rediff.com6 Feb 2017

For V K Sasikala, election as the All India Anna Dravida Munnetra Kazhagam legislature party leader to pave her way to become the chief minister, marks continuance of the legacy of late Jayalalithaa who also held the two posts, allowing her to wield complete control over the party and the government.

Candidates contesting elections have to disclose source of income, rules SC

Candidates contesting elections have to disclose source of income, rules SC

Rediff.com16 Feb 2018

Not just candidates, but their spouses and dependents too have to reveal source of income and assets, observes the apex court.

Mulayam ignores Akhilesh, names candidates preferred by Shivpal

Mulayam ignores Akhilesh, names candidates preferred by Shivpal

Rediff.com28 Dec 2016

The list carries names of Sigbatullah Ansari, who is the brother of jailed gangster Mukhtar Ansari, and Atiq Ahmed who faces over 40 criminal cases including of murder and attempt to murder.

PSBs' loan write-offs twice as much as govt's capital infusion

PSBs' loan write-offs twice as much as govt's capital infusion

Rediff.com29 Jul 2021

Public sector banks (PSBs) have written off a massive Rs 8 trillion of loans in the seven years of the Narendra Modi government in office. This is more than twice the capital infused by the Bharatiya Janata Party-led government during the period. Between 2014-15 and 2020-21 (FY21), the Centre had infused Rs 3.37 trillion into PSBs. At Rs 1.06 trillion, FY19 saw the highest capital infusion.

Jayalalithaa's wait for judicial redress just got longer

Jayalalithaa's wait for judicial redress just got longer

Rediff.com20 Mar 2015

The high court verdict on AIADMK chief J Jayalalithaa's disproportionate assets conviction appeal just got delayed, says N Sathiya Moorthy

Congress has become a laughing club, Modi says in Himachal

Congress has become a laughing club, Modi says in Himachal

Rediff.com2 Nov 2017

Modi said it was time to rid 'Devbhoomi', or the land of the gods as Himachal Pradesh is known, of monsters.

Jayalalithaa convicted, sentenced to 4 yrs in Jail; 100 cr fine

Jayalalithaa convicted, sentenced to 4 yrs in Jail; 100 cr fine

Rediff.com27 Sep 2014

Tamil Nadu Chief Minister J Jayalalithaa was on Saturday convicted and sentenced to four years jail in an 18-year-old corruption case in a judgment that will unseat her from the post, disqualified her immediately as an MLA and can impact the Assembly elections due in 18 months.

After a high in AMJ quarter, household savings fell in Q2

After a high in AMJ quarter, household savings fell in Q2

Rediff.com20 Mar 2021

However, in the first quarter when the country was under a lockdown, net financial savings rose to 21 per cent of gross domestic product (GDP), according to the data released in the RBI's monthly bulletin.

Pak Opposition leader Shehbaz Sharif placed on no-fly list

Pak Opposition leader Shehbaz Sharif placed on no-fly list

Rediff.com17 May 2021

The interior minister said Shehbaz had not submitted any medical documents for travelling abroad or specified the treatment for his illness.

Sasikala was given VIP facilities in jail, reveals RTI

Sasikala was given VIP facilities in jail, reveals RTI

Rediff.com21 Jan 2019

The report said Sasikala was allowed to wear her personal clothes and cook. A pressure cooker and spices were found in her prison cell.

Video of OPS camp MLA alleging horse-trading sparks row

Video of OPS camp MLA alleging horse-trading sparks row

Rediff.com13 Jun 2017

"It is me in the video, but the voice is not mine," Saravanan told reporters.

Bihar: Corrupt babus' property outside state to be seized

Bihar: Corrupt babus' property outside state to be seized

Rediff.com16 Feb 2012

After confiscating the assets of corrupt government officials in Bihar, the state government has decided to confiscate their property even outside the state, officials said on Thursday.

EPS, OPS factions form panels to hold AIADMK merger talks

EPS, OPS factions form panels to hold AIADMK merger talks

Rediff.com22 Apr 2017

In signs of thaw on All India Anna Dravida Munnetra Kazhagam merger move, the factions led by Tamil Nadu Chief Minister K Palaniswami and the one by O Panneerselvam on Friday announced formation of their respective committees to hold discussions.

Firms formed to siphon off 'unlawful resources' of Jaya: Court

Firms formed to siphon off 'unlawful resources' of Jaya: Court

Rediff.com2 Oct 2014

As many as 18 firms were formed in the 1991-96 period only with a view to siphoning off the "unlawful resources" accumulated by then chief minister Jayalalithaa, the special court in the disproportionate assets case against her and 3 others has held.

'Justice prevailed' but TN's future seems bleak

'Justice prevailed' but TN's future seems bleak

Rediff.com14 Feb 2017

The infighting in the AIADMK has made it weak on par with the DMK and other parties, says R Rajagopalan.

Where Does AIADMK Go From Here?

Where Does AIADMK Go From Here?

Rediff.com12 Jul 2022

There is nothing to suggest that the DMK stands to gain from the AIADMK split nor is there anything indicative of an extraordinary advantage for the BJP, independently or in the company of the AIADMK, explains N Sathiya Moorthy.

PSBs need to build buffers to absorb shocks: Report

PSBs need to build buffers to absorb shocks: Report

Rediff.com28 Dec 2019

Among the bank groups, under the baseline scenario, public sector banks' gross NPA ratios may increase to 13.2 per cent by September 2020 from 12.7 per cent in September 2019.

99 Bills pending for stormy monsoon session

99 Bills pending for stormy monsoon session

Rediff.com29 Jul 2013

The United Progressive Alliance government's confidence about getting legislative business done in the monsoon session of Parliament, beginning August 5, might be misplaced.

Yadav vs Yadav: Mulayam backs brother, Amar Singh

Yadav vs Yadav: Mulayam backs brother, Amar Singh

Rediff.com25 Oct 2016

The rift between Samajwadi Party strongman Mulayam Singh Yadav and 'obedient' Akhilesh grew even wider with the father openly backing his son's foes in the party

Punishment for corruption just got stricter

Punishment for corruption just got stricter

Rediff.com29 Apr 2015

Bringing corruption into the heinous crime category, the Union Cabinet on Wednesday approved official amendments to an anti-graft legislation enhancing the penalty under it to a maximum of seven years imprisonment from the present five years.

Is Priyanka more than a show-stopper?

Is Priyanka more than a show-stopper?

Rediff.com7 Feb 2019

Can compassion, common courtesy or an 'emotional connect' win seats in the harsh realpolitik of UP, a state riddled with divisions of caste and religion, and confronted with a seemingly impregnable BSP-SP alliance? asks Sunil Sethi.

DIG Roopa, who alleged VIP treatment to Sasikala in jail, transferred

DIG Roopa, who alleged VIP treatment to Sasikala in jail, transferred

Rediff.com17 Jul 2017

Roopa has now been posted as commissioner for road safety & traffic.

Beware! The Two Economic Indias

Beware! The Two Economic Indias

Rediff.com7 Dec 2021

The substantially increased economic dualism may exert lasting negative influences which could include a reduced potential for economic growth; the persistence of a very weak employment and poverty situation; rising social and political discord; and heightened vulnerability to geopolitical challenges, cautions Shankar Acharya, former chief economic adviser to the Government of India.

Why Are FPIs Bailing Out From India?

Why Are FPIs Bailing Out From India?

Rediff.com24 Mar 2022

Since October, FPIs have sold over $26 billion worth of stocks, which is the largest selling ever seen in India, observes Akash Prakash.

RBI's intervention drives down 10-year bond yields to 6% level

RBI's intervention drives down 10-year bond yields to 6% level

Rediff.com11 Feb 2021

The central bank bought the 10-year bonds at 50 paise above the prevailing rate, and brought down the yields from 6.08 per cent to 6 per cent mark.

'There's clarity in AIADMK-BJP alliance'

'There's clarity in AIADMK-BJP alliance'

Rediff.com21 Dec 2020

'It's a natural alliance and this alliance has been has been formed without compromising the core ideology of the AIADMK.'

FIR filed against Dinakaran for offering bribe for poll symbol

FIR filed against Dinakaran for offering bribe for poll symbol

Rediff.com17 Apr 2017

"It has been learnt that Sukesh had struck a deal for Rs 50 crore for helping the AIADMK faction keep the 'two leaves' symbol. Police have recovered Rs 1.30 crore from Sukesh and two cars -- a BMW and a Mercedes -- have also been seized," said a senior police officer.

Rajender Kumar: Kejriwal's 'trusted man'

Rajender Kumar: Kejriwal's 'trusted man'

Rediff.com18 Dec 2015

The Delhi CM's principal secretary has been described as quick, decisive, and quite unlike a 'babu'.

Centre trying to weaken anti-corruption law: Kejriwal

Centre trying to weaken anti-corruption law: Kejriwal

Rediff.com8 Jan 2014

Launching an anti-corruption helpline, Delhi Chief Minister Arvind Kejriwal on Wednesday accused the Centre of trying to weaken anti-graft law.