News for 'export fraud'

An alternative front will automatically emerge without PM face: Naidu

An alternative front will automatically emerge without PM face: Naidu

Rediff.com4 Oct 2018

He said discussions are still going on with various parties over forging an opposition alliance.

US Energy Secretary to visit India next month

US Energy Secretary to visit India next month

Rediff.com20 Feb 2014

Moniz, who is expected to meet Indian officials on March 10 and 11, had put off the trip last month in view of the strained relations between the two countries over the arrest of senior Indian diplomat Devyani Khobragade in New York.

Sensex snaps 3-day losing spell; gains 141 points at close

Sensex snaps 3-day losing spell; gains 141 points at close

Rediff.com21 Feb 2018

The 50-share NSE Nifty ended up 37.05 points, or 0.36 per cent, at 10,397.45 points

SFIO probe report on Saradha, others soon: Minister

SFIO probe report on Saradha, others soon: Minister

Rediff.com22 Jul 2013

A preliminary report on the investigations is likely to be submitted soon by SFIO, but the final report may take little longer, Corporate Affairs Minister Sachin Pilot said.

TCS, Infosys say they are fully compliant with visa rules

TCS, Infosys say they are fully compliant with visa rules

Rediff.com12 Jun 2015

H-1B visa is a non-immigrant visa, which allows US employers to temporarily employ foreign workers in speciality occupations

Just who is Nirav Modi?

Just who is Nirav Modi?

Rediff.com16 Feb 2018

No one knows where billionaire Nirav Modi emerged from. What is known is that when he came (back) to India, he cut his teeth in the diamond business under the tutelage of his jeweller uncle. Then he began to build a glittering international brand. Soon even Hollywood stars like Kate Winslet and Dakota Johnson were walking the red carpet showing off Nirav Modi jewels.

Explained: What the RBI is telling banks

Explained: What the RBI is telling banks

Rediff.com25 May 2020

'Credit expansion is probably the quickest way to get the economy going again.' 'Easy credit is like a shot of nitro in a race car: In timely, small, quick, doses it can give a tremendous boost but carried to extreme it can destroy the engine,' points out S Muralidharan, former managing director, BNP Paribas.

Why govt banks will not be privatised

Why govt banks will not be privatised

Rediff.com28 Mar 2018

'There is a law that prevents the government from diluting its equity in the PSBs below 50 per cent.' 'That law has to be amended and given the parliamentary arithmetic of the political parties, it is not as simple to do that.'

How much does he know? Jaitley says on Rahul; Congress hits back

How much does he know? Jaitley says on Rahul; Congress hits back

Rediff.com6 Jun 2018

The Congress said arrogance of the BJP has touched its zenith as it turned 'blind' to farm distress.

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.

Need clarity on UID and related Direct Benefit Transfer

Need clarity on UID and related Direct Benefit Transfer

Rediff.com9 Jul 2014

'We expect the new government to look into the issue of penalties imposed on technology firms involved in UID related projects.'

The H-1B visa blows keep coming

The H-1B visa blows keep coming

Rediff.com6 Apr 2017

Amid headwinds across global markets, US issues fresh restrictions on H-1B visas. Ayan Pramanik & Raghu Krishnan list out the many ways in which this impacts the Indian IT industry.

Trump impact: Net worth of India's tech billionaires eroded

Trump impact: Net worth of India's tech billionaires eroded

Rediff.com13 Apr 2017

IT stocks have dropped about 3 per cent in the days since the Donald Trump administration took first steps toward visa reform and all of India's highest-profile technology tycoons have seen their net worth eroded. Saritha Rai reports.

How the Nirav Modi show manages to go on

How the Nirav Modi show manages to go on

Rediff.com15 Feb 2018

Modi has been relentless in building his brand regardless of banks having a problem of fraudulent and unauthorised transactions with his companies.

Forex scam traced to HDFC Bank accounts

Forex scam traced to HDFC Bank accounts

Rediff.com15 Oct 2015

The amounts were transferred from HDFC Bank to BoB.

Budget focuses on Modi's key initiatives

Budget focuses on Modi's key initiatives

Rediff.com2 Mar 2016

Customs and excise duty rates have been amended mainly to promote Make in India.

Volkswagen to refit cars affected by emissions scandal

Volkswagen to refit cars affected by emissions scandal

Rediff.com29 Sep 2015

Volkswagen announced plans on Tuesday to refit up to 11 million vehicles and overhaul its namesake brand.

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.

India's big hurdle in the fight against cancer

India's big hurdle in the fight against cancer

Rediff.com2 Dec 2013

ndia has become the world's second largest market of asbestos as the government backed by powerful corporate lobby turns a blind eye to diseases related to the use of the hazardous chemical.

Markets end flat as Bihar exit poll lacks clarity; bluechips gain

Markets end flat as Bihar exit poll lacks clarity; bluechips gain

Rediff.com6 Nov 2015

The 30-share Sensex ended down 39 points at 26,265 and the 50-share Nifty ended down 1 point at 7,954.

Modi fails to live up to the expectations of India Inc

Modi fails to live up to the expectations of India Inc

Rediff.com10 Sep 2015

Industrialists have the same complaints as they did in the UPA's second stint.

Saradha gone but website remains

Saradha gone but website remains

Rediff.com2 Dec 2014

The website has the address and contact numbers and email IDs of 69 branch offices of Saradha Group spread across West Bengal, Tripura, Odisha, Assam and New Delhi.

An agenda for Dr Urjit Patel

An agenda for Dr Urjit Patel

Rediff.com25 Aug 2016

Unless Dr Urjit Patel starts clearing the balance sheets of banks, the investment cycle will not start. Unless the clog in the drain is cleared, further lending cannot happen. If further lending doesn't happen, the investment cycle also will not happen, writes M R Venkatesh.

Must Read: The Great Diamond Heist

Must Read: The Great Diamond Heist

Rediff.com23 Feb 2018

'If there is any industry that is unfit for modern corporate form it is the diamond trade.' 'But no one was asking the right questions.' 'The music was playing and so the game was on,' says S Murlidharan, former MD, BNP Paribas.

Rajan asked to explain 'real causes' of bad-loan menace

Rajan asked to explain 'real causes' of bad-loan menace

Rediff.com1 May 2016

The Governor had submitted his report to the Public Accounts Committee and put the blame on 'overall economic downturn'

Govt gets SFIO probe report on Saradha scam; prosecution soon

Govt gets SFIO probe report on Saradha scam; prosecution soon

Rediff.com9 Sep 2014

Completing its over a-year-long probe into Saradha scam, the Serious Fraud Investigation Office (SFIO) has submitted its final investigation report to the government, which may soon start prosecution proceedings for numerous serious violations found during investigations.

The dud of a stink bomb

The dud of a stink bomb

Rediff.com3 Oct 2017

By castigating the reforms themselves because of the remediable and reversible defaults here and there in carrying them out, Yashwant Sinha is throwing out the baby along with the bath water, says B S Raghavan.

Nation can't be run by 'oxygen from mother and son': Modi

Nation can't be run by 'oxygen from mother and son': Modi

Rediff.com25 Apr 2014

In a fresh salvo at the Gandhi family, Narendra Modi on Friday said the country could not be run by a government working on "oxygen from mother and son" and a "dead, feeble and fractured" regime was not needed.

Defaults, lay-offs take sheen off Surat's diamond sector

Defaults, lay-offs take sheen off Surat's diamond sector

Rediff.com7 Jul 2015

Diamond exporters are considering stopping the import of rough diamonds.

Volkswagen crisis shows no sign of dying down, Winterkorn to face probe

Volkswagen crisis shows no sign of dying down, Winterkorn to face probe

Rediff.com28 Sep 2015

The scandal has also rocked the wider car market, with manufacturers fearing a drop in diesel car sales.

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.

5 things to do to avoid getting laid off again

5 things to do to avoid getting laid off again

Rediff.com12 Jan 2015

As part our series on dealing with the pink slip, we spoke to Nirmal Singh, the founder and CEO of Wheebox, a prominent talent assessment company.

'Our whole concept of coal mine allocations is wrong'

'Our whole concept of coal mine allocations is wrong'

Rediff.com13 Mar 2015

Coal industry expert Sunjoy Joshi tells Sheela Bhatt/Rediff.com that the NDA's e-auction of coal blocks will not solve the fundamental problems that dog the industry.

Time to Isolate and Disintegrate Pakistan

Time to Isolate and Disintegrate Pakistan

Rediff.com16 Nov 2016

'India should stop claiming that a united Pakistan is in India's interests.' 'Pakistan's break-up is a necessity for peace and progress in the region,' says Major General Mrinal Suman (retd).

Marc Rich, 'King of Oil',  dies at 78

Marc Rich, 'King of Oil', dies at 78

Rediff.com26 Jun 2013

Belgian-born Rich, whose trading group eventually became the global commodities powerhouse Glencore Xstrata, died in hospital from a stroke.

10 commandments for Modi Sarkar to curb black money

10 commandments for Modi Sarkar to curb black money

Rediff.com4 May 2017

A K Bhattacharya digs into the yet-to-be-public report on ways to curb black money and finds out that Modi's next moves could include action on dabba trading, hawala, and education.

Cash crisis: Aaj ki taaza khabar!

Cash crisis: Aaj ki taaza khabar!

Rediff.com15 Nov 2016

Aaj ka taaza khabar

Bank NPAs are just the tip of the iceberg

Bank NPAs are just the tip of the iceberg

Rediff.com16 Feb 2016

Once these banks start showing losses, they will not be able to pay dividends to the government nor pay taxes, which will further aggravate the situation for the government as its return on investment as an investor would be very negligible for the next few years, says M V Subramanian.

This hero stops the plunder of India's past

This hero stops the plunder of India's past

Rediff.com14 Oct 2015

'Imagine how secure are our seaports and airports that 10,000 objects can leave every decade and our custodians are not even aware?' 'This kind of targeted looting when thieves pick and choose the best of Indian art and steal on an industrial basis will eventually impoverish our great land.'

Full text: What Modi, Obama agreed on

Full text: What Modi, Obama agreed on

Rediff.com25 Jan 2015

This is the joint statement issued by the ministry of external affairs on the visit of US President Barack Obama to India.