News for 'economic crime'

Recognise Russia as 'terrorist country': Ukraine President to UK Parliament

Recognise Russia as 'terrorist country': Ukraine President to UK Parliament

Rediff.com9 Mar 2022

In an emotional address, Zelenskyy invoked Britain's war-time Prime Minister Winston Churchill's words, promising to fight Russian troops in the air, sea and on the streets.

Jacqueline Fernandez appears in court in Rs 200 cr fraud case

Jacqueline Fernandez appears in court in Rs 200 cr fraud case

Rediff.com12 Dec 2022

Actor Jacqueline Fernandez on Monday arrived at the Patiala House court in the national capital in connection with the Rs 200 crores money laundering case involving alleged conman Sukesh Chandrashekhar.

Dhaka carnage: What about its economic consequences?

Dhaka carnage: What about its economic consequences?

Rediff.com11 Jul 2016

The earlier attempt by the authorities in Dhaka that Islamist militancy had not established a presence in Bangladesh will now have to be given up.

Too many scams are left unpunished: Chandrasekhar

Too many scams are left unpunished: Chandrasekhar

Rediff.com21 Jan 2011

"Too many scams are left unpunished. In the last 10 years, there have been some highly sophisticated economic crimes. There is an unfortunate belief that smooth talking the media and using complicated words can get them to bury the truth. I had to examine over 1,600 documents with complicated words just to come up with a simple 41-slides presentation. That is how things have become," Chandrasekhar told rediff.com after a presentation he made in the capital on Friday.

India 137 on peace index, up 4 notches thanks to less crime

India 137 on peace index, up 4 notches thanks to less crime

Rediff.com13 Jun 2017

The Global Peace Index 2017, by the Institute of Economics and Peace found that the global level of peace slightly improved, by 0.28 per cent in score. A total of 93 countries improved, while 68 countries deteriorated.

HC terms Raghav Bahl's plea to quash money laundering case 'premature'

HC terms Raghav Bahl's plea to quash money laundering case 'premature'

Rediff.com23 Jan 2023

The Delhi high court on Monday refused to quash an Enforcement Directorate money laundering case against media baron Raghav Bahl, saying the plea was "premature".

'They could have been hired hitmen, who knows?'

'They could have been hired hitmen, who knows?'

Rediff.com23 Oct 2023

'The Americans want to have a good relationship with India. They see it as a counterweight to China. And also American businesses are all trying to get out of China and go to India and Vietnam as well, but India largely.'

'These laws are equipped to suppress democracy'

'These laws are equipped to suppress democracy'

Rediff.com27 Dec 2023

'...by directing these draconian provisions against political and ideological opponents of the ruling group, minorities, and those who dare to dissent through and selective prosecution and prolonged incarceration as undertrials.'

Will make Maldives free of foreign military presence: New Prez Muizzu

Will make Maldives free of foreign military presence: New Prez Muizzu

Rediff.com17 Nov 2023

Vouching for preserving its independence and sovereignty, Muizzu made a firm commitment to ensure that the Maldives remains "free of any foreign military presence."

SC/ST Act can't be limited to a person's state of origin: HC

SC/ST Act can't be limited to a person's state of origin: HC

Rediff.com1 Sep 2023

The bench in its order held that the scope of the Scheduled Castes and the Scheduled Tribes (Prevention of Atrocities Act) cannot be limited to the state where a person is declared as a member of the Scheduled Caste or Scheduled Tribe community.

Planned after Mumbai terror attack, Modi likely to launch NATGRID soon

Planned after Mumbai terror attack, Modi likely to launch NATGRID soon

Rediff.com12 Sep 2021

"Had corona (COVID-19) not been there, the prime minister would have dedicated NATGRID to the country. I am hopeful that the prime minister will dedicate NATGRID to the country in some time," Union home minister Amit Shah said during the 51st Foundation Day event of the Bureau of Police Research and Development (BPRD) here on September 4.

The Star Gazer Stars At TIME Gala

The Star Gazer Stars At TIME Gala

Rediff.com26 Apr 2024

At this year's TIME ball in New York City on Thursday, April 25, you would have run into a Coimbatore-born American scientist, looking lovely in Sabyasachi Mukherjee designer finery, who would most likely have been hanging out with Dua Lipa.

Sri Lanka rejects Trudeau's 'Tamil Genocide' comment

Sri Lanka rejects Trudeau's 'Tamil Genocide' comment

Rediff.com20 May 2023

Sri Lanka's Ministry of Foreign Affairs rejected Trudeau's statements, asserting that they contained outrageous claims of genocide relating to past conflicts in the country.

In a first, HC turns to ChatGPT to access view on bail

In a first, HC turns to ChatGPT to access view on bail

Rediff.com28 Mar 2023

The judge, in his order, stated that "to further assess the worldwide view on bail when the assault was laced with cruelty, the use of artificial intelligence platform which has been trained with multitudinous data was made".

IIM-B faculty calls on India Inc to de-fund hate speech

IIM-B faculty calls on India Inc to de-fund hate speech

Rediff.com8 Aug 2023

A group of current and retired faculty members at the Indian Institute of Management-Bangalore (IIM-B) has asked leaders of corporate India to "de-fund" the spread of misinformation and hate speech through news channels and social media.

MSCB case: Ajit Pawar's associates get assets at throwaway prices, says court

MSCB case: Ajit Pawar's associates get assets at throwaway prices, says court

Rediff.com6 Jul 2023

The case pertains to an alleged scam in the Sahakari Sakhar Kharkhana (co-operative sugar factories) and Sahakari Soot Girnis.

No bail to Sisodia, court says 'evidence speaks volumes about his involvement'

No bail to Sisodia, court says 'evidence speaks volumes about his involvement'

Rediff.com28 Apr 2023

The judge had reserved the order after hearing arguments on Sisodia's plea seeking relief claiming that his custody was no longer required for investigation.

SC orders Centre, states to eradicate manual scavenging in phased manner

SC orders Centre, states to eradicate manual scavenging in phased manner

Rediff.com22 Oct 2023

Issuing a slew of directions, a bench of Justices S Ravindra Bhat (since retired) and Aravind Kumar asked the central and state governments to pay Rs 30 lakh as compensation to the next of kin of those who die while cleaning sewers.

No respite for footballer over sexual assault claim

No respite for footballer over sexual assault claim

Rediff.com21 Feb 2023

Spanish court rejects Brazil footballer's Dani Alves appeal against remand over sex claim

Doval on Ukraine: Must respect territorial integrity

Doval on Ukraine: Must respect territorial integrity

Rediff.com6 Aug 2023

Dialogue and diplomacy is the only way forward for peaceful resolution of the Ukraine conflict, National Security Advisor Ajit Doval said at a conference in Jeddah on the crisis while underlining the need for upholding sovereignty and territorial integrity by all states without 'exception'.

'He may influence witnesses': HC denies bail to Sisodia

'He may influence witnesses': HC denies bail to Sisodia

Rediff.com30 May 2023

The CBI had arrested Sisodia for alleged corruption in the formulation and implementation of the now-scrapped Delhi Excise Policy 2021-22 following several rounds of questioning.

Former Brazil star Ronaldinho arrested in Paraguay

Former Brazil star Ronaldinho arrested in Paraguay

Rediff.com7 Mar 2020

Gilberto Fleitas, the head of the investigations unit of the Paraguayan police, said Ronaldinho and his brother were taken into custody just hours after a judge refused to ratify a prosecutor's proposal for an alternative punishment.

Can India Get Nirav Modi, Vijay Mallya From The UK?

Can India Get Nirav Modi, Vijay Mallya From The UK?

Rediff.com1 Jun 2023

It is high time the Indian government signalled discomfort with the UK providing refuge to those accused of financial crimes in India, states Jaimini Bhagwati.

38% global cos asked to pay bribe in India

38% global cos asked to pay bribe in India

Rediff.com16 Oct 2007

Despite India becoming a new destination for global investors, 38 per cent of over 5,400 companies' representatives surveyed by the global consultancy firm PricewaterhouseCoopers said they were asked to pay bribes to get licences, orders over the past two years.Among the seven major emerging economies of the world, India is ahead of Turkey, Mexico and China, where 28, 28 and 21 per cent of firms in that order reported experience with bribery.

Did Sebi suppress important facts on Adani stock manipulation?

Did Sebi suppress important facts on Adani stock manipulation?

Rediff.com11 Sep 2023

Market regulator Sebi suppressed important facts from the Supreme Court and "slept over" Directorate of Revenue Intelligence's letter on alleged stock manipulation by the Adani firms, one of the PIL petitioners in the Adani-Hindenburg row has alleged in the top court in an affidavit. The apex court is seized of four PILs on the Adani-Hindenburg controversy including those by lawyers M L Sharma and Vishal Tiwari, Congress leader Jaya Thakur and law student Anamika Jaiswal. On August 25, SEBI had informed the apex court it has completed the probe in all but two allegations against the Adani group, and is still awaiting information from five tax havens on the actual owners behind the foreign entities that have invested in the conglomerate.

Vivo PMLA case: Delhi court sends four accused to 3-day ED custody

Vivo PMLA case: Delhi court sends four accused to 3-day ED custody

Rediff.com10 Oct 2023

The Enforcement Directorate has arrested four persons including the MD of the Lava International mobile company and a Chinese national as part of its ongoing money-laundering probe against Chinese smartphone-maker Vivo, official sources said on Tuesday. They identified the four as Hari Om Rai, the MD of Lava International company, Chinese national Guangwen Kyang, chartered accountant Nitin Garg and a person called Rajan Malik. They have been taken into custody under the provisions of the Prevention of Money Laundering Act (PMLA).

Delhi police has over 100 questions for Jacqueline Fernandez

Delhi police has over 100 questions for Jacqueline Fernandez

Rediff.com14 Sep 2022

The Delhi police has prepared a list of 100 odd questions that actor Jacqueline Fernandez has been asked to answer in the alleged Rs 200 crore scam.

New Money Laundering Act from July 1

New Money Laundering Act from July 1

Rediff.com30 Jun 2005

The stringent Prevention of Money Laundering Act, which was recently amended to remove certain shortcomings, will come into force from July 1.

ED searches 2 former IL&FS auditors in connection with money-laundering case

ED searches 2 former IL&FS auditors in connection with money-laundering case

Rediff.com10 May 2023

The ED carried out searches against two former auditor firms of IL&FS -- BSR and Associates and Deloitte Haskins and Sells -- on Wednesday in connection with its money-laundering probe into alleged financial irregularities at the infrastructure development and finance company, official sources said. The premises linked to the two auditors in Mumbai were searched under the provisions of the Prevention of Money Laundering Act (PMLA), they added. The action came a week after the Supreme Court set aside a Bombay High Court verdict that quashed an SFIO probe against the two companies, both former auditors of IL&FS Financial Services, paving the way for action against them under the Companies Act and allowing the National Company Law Tribunal (NCLT) to take forward its enquiry against them.

3 arrested for suspected 'human sacrifice' in Kerala

3 arrested for suspected 'human sacrifice' in Kerala

Rediff.com11 Oct 2022

The two women, who had earned their daily bread selling lottery tickets on the streets of Kochi, were allegedly sacrificed by the accused to settle their financial issues and bring prosperity in life, police said.

Hinduphobia has no place in UK, we must fight this: Oppn Labour Party leader

Hinduphobia has no place in UK, we must fight this: Oppn Labour Party leader

Rediff.com6 Oct 2022

Labour Leader Keir Starmer told a gathering of hundreds of British Indians that he was determined to put an end to 'divisive politics' and extremist elements exploiting social media to spread hatred within communities.

Warning! Sextortion Cases On The Rise In Bihar

Warning! Sextortion Cases On The Rise In Bihar

Rediff.com11 May 2022

Cyber criminals are using apps and young women to trap people through mobile phone calls and video chats.

Why Jaitley demands a hasty change in corruption law

Why Jaitley demands a hasty change in corruption law

Rediff.com24 Dec 2015

A Bill to change the PCA (1988) was introduced in the Rajya Sabha earlier this month.

ED to track money laundering

ED to track money laundering

Rediff.com19 Sep 2003

Are financial frauds rising?

Are financial frauds rising?

Rediff.com17 Jul 2003

Do you think financial or corporate crimes are on the rise in India? What would you say is the cause for these scams: lack of monitoring, corruption in high places, pure greed.? Tell us what you think.

SC backs PMLA, says money laundering promotes terrorism, drug trafficking

SC backs PMLA, says money laundering promotes terrorism, drug trafficking

Rediff.com27 Jul 2022

The Supreme Court said on Wednesday that money laundering is a "heinous" crime which not only affects the social and economic fabric of a nation but also tends to promote other serious offences like terrorism and drug trafficking.

CBI court denies bail to Deshmukh citing sacked cop Waze's statement

CBI court denies bail to Deshmukh citing sacked cop Waze's statement

Rediff.com21 Oct 2022

"White-collar" crimes like this harm the country's economy and it can not ignore the statement of dismissed police officer and accused-turned-approver Sachin Waze in the case, the court said.

Excise case: Sisodia kingpin of conspiracy, CBI tells HC

Excise case: Sisodia kingpin of conspiracy, CBI tells HC

Rediff.com20 Apr 2023

The submissions were made by the CBI in a short written reply while opposing the senior Aam Aadmi Party leader's bail plea, which it said was devoid of any merit and was an attempt to misuse the intricacies of law to thwart the progress of investigation in the case.

Sri Lanka deploys troops, military vehicles on Colombo's streets

Sri Lanka deploys troops, military vehicles on Colombo's streets

Rediff.com11 May 2022

Sri Lankan authorities on Wednesday deployed troops and military vehicles in the streets to ensure public security in the capital amidst nationwide protests over the government's failure to tackle the worst economic crisis.

In India, Saudi deals, a message for Pak on terror

In India, Saudi deals, a message for Pak on terror

Rediff.com11 Sep 2023

India and Saudi Arabia on Monday called on states to reject the use of terrorism against other countries and prevent access to weapons, including missiles and drones, to commit acts of terror.