News for 'economic offences'

Sunanda death: Police want ED to probe irregularities in IPL Kochi franchise

Sunanda death: Police want ED to probe irregularities in IPL Kochi franchise

Rediff.com4 Oct 2016

Sunanda, who was not married to Tharoor then, had refuted allegations of any wrongdoing.

Dynastic corruption growing challenge: PM Modi

Dynastic corruption growing challenge: PM Modi

Rediff.com27 Oct 2020

If suitable action is not taken in corruption cases, it becomes normalised in society, the prime minister said. When a generation sees that a corrupt person in the family is let off without or very little punishment, their courage to indulge in corrupt activities grows manifolds, he said.

Internal report on SBI graft case misses deadline

Internal report on SBI graft case misses deadline

Rediff.com2 Dec 2013

As per the bank sources, senior-most MDs -- A Krishna kumar and Hemant Contractor -- are part of the committee.

Delhi court grants bail to Zubair, extols Hindu tolerance

Delhi court grants bail to Zubair, extols Hindu tolerance

Rediff.com15 Jul 2022

A magisterial court had on July 2 dismissed his bail plea and sent him to 14-day judicial custody (JC) in the case, citing the nature and gravity of the offences against the accused and observing that the matter was at an initial stage of investigation.

Tainted Satyam founder Raju gets 6-month imprisonment

Tainted Satyam founder Raju gets 6-month imprisonment

Rediff.com8 Dec 2014

The Special Court on Monday has sentenced erstwhile Satyam chairman B Ramalinga Raju and his brother Rama Raju to six months imprisonment for violating provision of the Companies Act.

Justice Lalit delivered key verdicts during 74-day stint as CJI

Justice Lalit delivered key verdicts during 74-day stint as CJI

Rediff.com8 Nov 2022

CJI Lalit concurred with the minority view of Justice S Ravindra Bhat who held the EWS quota as "unconstitutional" for excluding poor among SCs, STs and OBCs.

ED arrests Jignesh Shah in NSEL money laundering scam

ED arrests Jignesh Shah in NSEL money laundering scam

Rediff.com13 Jul 2016

The Enforcement Directorate on Tuesday arrested Financial Technologies India Limited founder Jignesh Shah in connection with its probe into the Rs 5,600-crore National Spot Exchange Limited money laundering scam.

'What Gives Me Hope About India Is...'

'What Gives Me Hope About India Is...'

Rediff.com24 Aug 2023

'Our civil society here is vibrant, and courageous, although it is beaten up and beaten down, repeatedly.'

Govt to introduce 16 bills, but election results likely to cast shadow on winter session

Govt to introduce 16 bills, but election results likely to cast shadow on winter session

Rediff.com6 Dec 2022

The results of the assembly elections in Gujarat and Himachal Pradesh are likely to play out during the winter session of Parliament beginning Wednesday.

'Shiv Sainiks will create history on Dussehra'

'Shiv Sainiks will create history on Dussehra'

Rediff.com4 Oct 2022

Keeping in mind the bitter backdrop in which the two Sena factions are likely to come face-to-face with each other on October 5, the Mumbai police, along with the Maharashtra administration, are leaving nothing to chance.

Broker Hiten Dalal gets 1-year jail for 1992 securities scam

Broker Hiten Dalal gets 1-year jail for 1992 securities scam

Rediff.com7 Jan 2015

Broker Hiten Dalal and Canara Bank Mutual Fund's former General Manager B R Acharya have been sentence to one year imprisonment.

NSEL case: Rs 50 crore assets of agro firm attached by ED

NSEL case: Rs 50 crore assets of agro firm attached by ED

Rediff.com7 Mar 2014

The latest attachment order was issued by the central probe agency against Ms PD Agroprocessors Pvt Ltd, one the defaulters at the bourse.

Chidambaram denied anticipatory bail; CBI, ED teams visit his home

Chidambaram denied anticipatory bail; CBI, ED teams visit his home

Rediff.com21 Aug 2019

The Central Bureau of Investigation had registered an FIR on May 15, 2017 alleging irregularities in the Foreign Investment Promotion Board clearance granted to the media group for receiving overseas funds of Rs 305 crore in 2007 during Chidambaram's tenure as finance minister.

Thieves made merry at Sri Sri's festival; 70 FIRs filed, 30 held

Thieves made merry at Sri Sri's festival; 70 FIRs filed, 30 held

Rediff.com15 Mar 2016

Gangs from across the country targeted visitors at three-day World Culture Festival in the New Delhi amid high security and made away with valuable articles like laptops, jewellery and cash, leading to at least 70 FIRs and the police apprehending about 30 persons.

Bombay high court extends Teesta Setalvad's interim bail for two weeks

Bombay high court extends Teesta Setalvad's interim bail for two weeks

Rediff.com24 Jul 2015

In a breather to social activist Teesta Setalvad and her husband, the Bombay high court on Friday granted the duo 17-day interim relief from arrest in a Central Bureau of Investigation case alleging that her company received Rs 1.8 crore from abroad without mandatory approval from Centre.

There Will Surely Never Be Another Bishan Singh Bedi

There Will Surely Never Be Another Bishan Singh Bedi

Rediff.com25 Oct 2023

One of cricket's greatest players passed into the ages on Monday. Rediff.com salutes the legend.

Chinese casualties in Galwan clash can't be disclosed: CIC

Chinese casualties in Galwan clash can't be disclosed: CIC

Rediff.com29 Jul 2022

The army refused to disclose the information saying it was third party information which cannot be shared under Section 8(1)(j) of the Act, which exempts from disclosure the information which is personal in nature.

PMC Bank depositor ends life, another dies of heart attack

PMC Bank depositor ends life, another dies of heart attack

Rediff.com15 Oct 2019

Sanjay Gulati, a resident of suburban Oshiwara, went to a protest march held outside a city court on Monday morning and had been under stress because of his deposit being stuck.

Lakshmi Vilas Bank comes under Sebi scanner for 'insider trading'

Lakshmi Vilas Bank comes under Sebi scanner for 'insider trading'

Rediff.com10 Dec 2020

LVB had faced some serious flak in terms of bad loans, earnings and credit rating downgrades, since 2016.

'There is no crime called being 'anti-national'

'There is no crime called being 'anti-national'

Rediff.com8 Nov 2021

'Section 153A is not meant to protect fragile sentiments of the majority Hindu community who choose to get offended by slogans celebrating the success of the Pakistani cricket team.'

Swapna committed no act of terror: HC in bail order

Swapna committed no act of terror: HC in bail order

Rediff.com2 Nov 2021

The Kerala high court on Tuesday granted bail to Swapna Suresh in the Unlawful Activities (Prevention) Act case registered by the National Investigation Agency in connection with the sensational gold smuggling through diplomatic channel.

Chidambaram gets bail, but ED custody to continue

Chidambaram gets bail, but ED custody to continue

Rediff.com22 Oct 2019

Setting aside the Delhi high court's September 30 verdict denying bail to Chidambaram, the apex court said he is neither a "flight risk" nor there is a possibility of "his abscondence from the trial". Chidambaram had moved the apex court challenging the high court verdict.

SC terms filing of sedition cases as disturbing trend

SC terms filing of sedition cases as disturbing trend

Rediff.com26 Aug 2021

The bench expressed displeasure over the trend of filing of sedition cases just after senior advocate F S Nariman made opening submissions on behalf of Singh, saying 'the gentleman has served as the Additional Director General of Police (ADGP) and was acting as the Director of the Police Academy and now the proceedings under section 124A (sedition) of the IPC have been initiated against him'.

Yash Birla Group signs JV with Mumbai firm

Yash Birla Group signs JV with Mumbai firm

Rediff.com20 Mar 2014

The land parcel is located in South Mumbai's Tardeo neighbourhood and has a total area of 4,300 square metres (46,268 sq ft).

The shopping list of a corrupt babu: Silver pressure cooker, land in Pokhran!

The shopping list of a corrupt babu: Silver pressure cooker, land in Pokhran!

Rediff.com21 Feb 2014

Why would an official of the Bihar government buy land in Pokharan, Rajasthan -- the site where India carried out controversial nuclear tests in 1998?

Jagan Reddy must attend trial hearing: CBI court

Jagan Reddy must attend trial hearing: CBI court

Rediff.com4 Feb 2014

A special Central Bureau of Investigation court on Tuesday dismissed plea of YSR Congress chief Y S Jaganmohan Reddy seeking exemption from personal appearance during the hearings in a case of alleged quid-pro-quo investments involving his companies, in which he is the prime accused.

Tory rebels want Rishi Sunak to replace Liz Truss as UK PM

Tory rebels want Rishi Sunak to replace Liz Truss as UK PM

Rediff.com14 Oct 2022

The poll found that among those who voted for the Conservatives at the last election, 62 per cent said that party members had made the wrong choice when the race was shortlisted between Truss and Sunak.

Bihar govt cracks down on corruption, 91 officers to be dismissed

Bihar govt cracks down on corruption, 91 officers to be dismissed

Rediff.com31 Jan 2014

Call it the Aam Aadmi Party effect, as Bihar has decided to dismiss 91 corrupt public servants (officers) from service within one month with more on their way out in the coming months.

Mamata transfers police officers for following EC's orders

Mamata transfers police officers for following EC's orders

Rediff.com8 Jun 2016

Several police officers who followed the Election Commission's orders during the recent West Bengal assembly polls get punishment transfers. Payal Mohanka reports.

Will PNB acquire beleaguered Lakshmi Vilas Bank?

Will PNB acquire beleaguered Lakshmi Vilas Bank?

Rediff.com8 Oct 2020

PNB has rich experience in the integration of commercial banks.

Complaint against Lalit Modi over tweets defaming Prez, aide

Complaint against Lalit Modi over tweets defaming Prez, aide

Rediff.com5 Jul 2015

Rashtrapati Bhawan has filed a complaint with Delhi Police against former IPL Commissioner Lalit Modi for posting "defamatory" tweets against President Pranab Mukherjee and his Secretary Omita Paul.

Markaz attendees from 5 countries let off on fine

Markaz attendees from 5 countries let off on fine

Rediff.com14 Jul 2020

Metropolitan Magistrate Dev Choudhary allowed foreigners from Djibouti, Mali, Kenya and 17 Sri Lankans to walk free on payment of a fine of Rs 5,000 each, said advocate Ashima Mandla, appearing for them.

FMC gives more time for auditing NSEL's e-series contracts

FMC gives more time for auditing NSEL's e-series contracts

Rediff.com30 Dec 2013

Chokshi and Chokshi, which was given December-end deadline to complete the audit of e-series contracts at NSEL, had sought extension to finish the work.

'We will become a good welfare State if...'

'We will become a good welfare State if...'

Rediff.com29 May 2020

'... the government provides adequate cash and kind support for the poorest of the poor for survival... ...conditional cash and skilling support for the economically poor to raise their incomes to adequate levels... ...and make functional arrangements for providing unemployment allowance to the vulnerable poor during disasters like the present one.'

NSEL scam: Police starts attachment of borrowers' properties

NSEL scam: Police starts attachment of borrowers' properties

Rediff.com8 Nov 2013

The Mumbai Police, probing the Rs 5,600-crore (Rs 56 billion) scam at the National Spot Exchange has initiated the process of attaching about 25 immovable assets of the borrowers and has shortlisted nearly 100 properties of all the accused in the case, a senior police official said.

Now Laxmi Vilas Bank under RBI scanner for bad loans

Now Laxmi Vilas Bank under RBI scanner for bad loans

Rediff.com29 Sep 2019

The PCA plan covers various suggestions or measures to recover non-performing assets (NPAs), reduce costs, boost capital, downsize risk-weighted assets, and improve profitability, among others. The LVB management is in the process of implementing all of these, said sources.

'Rhea's arrest proved Bengalis are BJP's soft target'

'Rhea's arrest proved Bengalis are BJP's soft target'

Rediff.com11 Sep 2020

Bengali sub-nationalism is slowly emerging as a rallying cry ahead of the West Bengal assembly elections due next year.

No coercive action against Anil Ambani till Nov 17, HC tells I-T dept

No coercive action against Anil Ambani till Nov 17, HC tells I-T dept

Rediff.com26 Sep 2022

The Bombay high court on Monday directed the Income Tax department not to take any coercive action against Reliance Group chairman Anil Ambani till November 17 on a show cause notice issued to him seeking to prosecute him under the Black Money Act. The I-T department had issued the notice to Ambani on August 8, 2022 for allegedly evading Rs 420 crore in taxes on undisclosed funds worth more than Rs 814 crore held in two Swiss bank accounts. The department has charged Ambani (63) with "wilful" evasion, saying he "intentionally" did not disclose his foreign bank account details and financial interests to Indian tax authorities.

Prison doctor removed for fudging Bhujbal's medical records

Prison doctor removed for fudging Bhujbal's medical records

Rediff.com22 Apr 2016

Bhujbal was supposed to go to St George Hospital for a dental treatment but Ghule changed his medical papers without the knowledge of Arthur Road Jail CMO and recommended that he get admitted there for some other reason.

Akhil Gogoi walks free as court clears him of all charges

Akhil Gogoi walks free as court clears him of all charges

Rediff.com2 Jul 2021

Akhil Gogoi, member of the legislative assembly from Sivasagar in Assam, is likely to be released from jail on Thursday as a special NIA court cleared him and his three associates of all charges under the Unlawful Activities (Prevention) Act for their alleged role in the violent anti-Citizenship Amendment Act stir in Assam in December 2019.