News for 'failed transaction'

Get a laddoo from Delhi BJP for standing in bank, ATM queue

Get a laddoo from Delhi BJP for standing in bank, ATM queue

Rediff.com14 Dec 2016

The 'thanksgiving and feedback' programme will also gauze public mood by asking them about the problems they face.

The future of digital payment

The future of digital payment

Rediff.com6 Oct 2016

E-commerce companies have understood the importance of having their own in-house wallet, explaining their acquisition spree, says Manoranjan Mohapatra.

Speaker suspends 24 AIADMK MPs for continued ruckus

Speaker suspends 24 AIADMK MPs for continued ruckus

Rediff.com2 Jan 2019

The Members suspended included K Ashok Kumar, R K Bharathi Mohan, M Chandrakasi, Jayakumar Jayavardhan, K Parasuraman, Dr K Kamraj, P Kumar, M Vasanti, C Mahendram, K Margatham and P Nagarajan.

RBI panel wants banks to serve customers better

RBI panel wants banks to serve customers better

Rediff.com4 Aug 2011

Sweeping reforms mooted; feedback open till Aug 27.

How govt can boost infra funding in India

How govt can boost infra funding in India

Rediff.com4 Apr 2021

For development finance institution to succeed now, the government must stand like a rock behind it and be patient.

Benami land deal case: I-T slaps Rs 10k penalty on Misa Bharti

Benami land deal case: I-T slaps Rs 10k penalty on Misa Bharti

Rediff.com6 Jun 2017

Rajya Sabha MP and Lalu Prasad Yadav's daughter, along with her husband Shailesh Kumar, are alleged to have entered into benami deals for purchase of a farm house in Delhi.

How PolicyBazaar's Yashish Dahiya changed India's insurance scene

How PolicyBazaar's Yashish Dahiya changed India's insurance scene

Rediff.com6 Jul 2018

Dahiya's first internet-based venture to sell insurance failed, but he was convinced digital was the future

'We are being told a server crash stalled the ATMs'

'We are being told a server crash stalled the ATMs'

Rediff.com7 Mar 2020

Across Yes Bank branches, the busiest people were the relationship managers, trying to soothe nerves. Many were seen advising clients the situation was only temporary and that their money was safe.

PSU bank staff on 2-day strike

PSU bank staff on 2-day strike

Rediff.com6 Aug 2009

They are demanding higher wages and pension.

5 reasons why economic recovery will be slow

5 reasons why economic recovery will be slow

Rediff.com18 Sep 2020

Risk aversion is currently a dominant depressant to economic recovery, points out Shankar Acharya, former chief economic advisor to the Government of India.

How hawala money funds terror in India, abroad

How hawala money funds terror in India, abroad

Rediff.com14 May 2010

Investigators probing the failed Times Square bombing suspect that a hawala racket was used to fund the terror plot. Hawala is the most common source of funds for terror operations and the global underground racket amounts to a whopping Rs 8000 crore. Sources in the Financial Intelligence Unit say that Indian hawala operations account for a massive Rs 2000 crore.Most hawala transactions that fund terror operations originate in Pakistan.

Indian-origin realty broker fined 1 million pounds in UK

Indian-origin realty broker fined 1 million pounds in UK

Rediff.com19 Jun 2013

Birmingham-based Gurpreet Singh Chadda, who was doing business of sale and rent-back of homes through Red2Black Homes and B&L Homes, has also been banned from working in the British financial services industry, besides a fine of 945,277 pounds (nearly Rs nine crore), the FCA said.

Rosneft, two others to buy out Ruias from Essar Oil

Rosneft, two others to buy out Ruias from Essar Oil

Rediff.com14 Oct 2016

At $12-bn valuation, this will be India's largest FDI; deal to be announced on Saturday, says Dev Chatterjee.

I'm ready for debate in Parliament: Sushma Swaraj on Lalitgate

I'm ready for debate in Parliament: Sushma Swaraj on Lalitgate

Rediff.com21 Jul 2015

A combative External Affairs Minister Sushma Swaraj on Tuesday said she was ready for a debate in Parliament over Congress allegations about her links with controversial former Indian Premier League chief Lalit Modi.

Shareholders spoil Mallya's party

Shareholders spoil Mallya's party

Rediff.com30 Nov 2014

Diageo-USL integration pushed by at least two months; Firm likely to rework agreements and seek approval again

Air India sale: Sitharaman, Hardeep Singh Puri likely to be in new GoM

Air India sale: Sitharaman, Hardeep Singh Puri likely to be in new GoM

Rediff.com19 Jun 2019

The government is planning to liberalise the terms and conditions for the sale of the national carrier. The Centre is still pursuing the option of selling the airline's subsidiaries before the airline itself, in order to deal with an outstanding debt of around Rs 27,000 crore.

4.5% GDP growth unacceptable, worrisome: Manmohan

4.5% GDP growth unacceptable, worrisome: Manmohan

Rediff.com30 Nov 2019

He said the 'toxic combination of deep distrust, pervasive fear and a sense of hopelessness in our society' is stifling economic activity and growth.

HC refuses to grant interim relief to Arnab Goswami

HC refuses to grant interim relief to Arnab Goswami

Rediff.com6 Nov 2020

Goswami was arrested on Wednesday morning by Raigad police from his residence at Lower Parel in Mumbai for allegedly abetting the suicide of architect and interior designer Anvay Naik, and was taken to the Alibaug police station in neighbouring Raigad district.

Illegal fund transfer: HDFC Bank asked to refund

Illegal fund transfer: HDFC Bank asked to refund

Rediff.com2 Apr 2010

In a significant ruling, District Consumer Complaints Redressal Forum has held HDFC bank responsible for unauthorised fund transfer in an internet banking transaction.

Rupee trims initial gains vs dollar, rules steady at 63.82

Rupee trims initial gains vs dollar, rules steady at 63.82

Rediff.com3 Jun 2015

The rupee hovered in a range of 63.75 and 63.84.

How the Kerala-based CSB Bank made a dramatic turnaround

How the Kerala-based CSB Bank made a dramatic turnaround

Rediff.com27 Nov 2020

For FY21, CSB is looking at growth of around 25 per cent and is confident of doubling it in two years. And it is also exploring options to acquire a mid-size bank with a good client base and branches in the north to acquire an all-India presence.

Why the spark is missing in BSE's IPO

Why the spark is missing in BSE's IPO

Rediff.com20 Jan 2017

While the BSE's asking valuation is reasonable, compared to peers, there are some factors that long-term investors need to consider before investing.

IPL stars may lose one-fifth of earnings as tax

IPL stars may lose one-fifth of earnings as tax

Rediff.com9 May 2010

The Income Tax department which is probing all financial transactions of the Indian Premier League (IPL) has advised all foreign players to obtain PAN cards, failing which they will have to pay penal tax on their cricket related earnings in India.

Hawala scam: Another Koda aide surrenders

Hawala scam: Another Koda aide surrenders

Rediff.com9 Nov 2009

Devendra Mukhia, an alleged aide of former Jharkhand Chief Minister Madhu Koda, on Monday surrendered before the Income Tax Department in Ranchi, which wants to probe his involvement in the alleged hawala and illegal investments case. Mukhia is among the four persons who had failed to meet the November 6 deadline, set by the IT department, to appear before it for questioning in connection with Rs 2000 crore hawala transactions and illegal investments case.

3 secret tips to minimise investment, maximise returns

3 secret tips to minimise investment, maximise returns

Rediff.com27 Jun 2019

Most investment costs are bundled in with the financial product, and are often hidden in fine print, warns Erik Hon.

As IPOs succeed, investors win big on primary market

As IPOs succeed, investors win big on primary market

Rediff.com15 Oct 2019

Out of 11 companies that got listed in 2019, nine have outrun the market by gaining more than 10 per cent against their respective issue price.

Mining baron Janardhana Reddy arrested in ponzi scam case

Mining baron Janardhana Reddy arrested in ponzi scam case

Rediff.com11 Nov 2018

Reddy, who appeared at the Central Crime Branch office in Bengaluru on Saturday, was arrested after the questioning ended on Sunday morning

Why is the CBI still pursuing Advani and Joshi?

Why is the CBI still pursuing Advani and Joshi?

Rediff.com8 Aug 2020

It cannot be that only in this case the CBI has developed a spine, refusing to heed the advice of its political masters.' 'There is something that does not meet the eye here,' notes Virendra Kapoor.

Digital currency race: China leads. India must catch up

Digital currency race: China leads. India must catch up

Rediff.com23 Oct 2020

India should not be left behind. It should join the seven central banks which are studying feasibility and safeguards necessary to eliminate risks, particularly from hacking, advises former foreign secretary Shyam Saran.

What the Airtel game plan is

What the Airtel game plan is

Rediff.com5 Jan 2010

Airtel DTH has high hopes from a market that offers scope for exponential growth but is already packed tight like a can of sardines. Can the telecom major pull it off?

Why the current slowdown is more serious

Why the current slowdown is more serious

Rediff.com20 Feb 2020

'What is unusual about the current period of slow growth is that it has come without an external driver -- high oil prices and/or successive monsoon failures -- as was the case with all previous periods of slowdown, going back 50 years, notes T N Ninan.

A smartphone that costs less than Rs 2,000? Forget it for now!

A smartphone that costs less than Rs 2,000? Forget it for now!

Rediff.com23 Jan 2017

The five key components, which are indispensable for any smartphone, cost more than Rs 2,000 even for a budget 3G-enabled 3.5-inch handset.

Tax department to send notices to 5.8 million

Tax department to send notices to 5.8 million

Rediff.com31 Mar 2016

This is part of a strategy to mop up as much revenue as possible in the current financial year.

ED may explore legal options against painter Suvaprasanna

ED may explore legal options against painter Suvaprasanna

Rediff.com17 Nov 2014

The ED had sent summons to the painter, considered close to ruling Trinamool Congress in West Bengal, for the second time to seek clarification on the business deal he had entered into with Sudipto Sen, chief of Saradha group.

NDTV: Sebi begins action in ownership case

NDTV: Sebi begins action in ownership case

Rediff.com26 Dec 2016

The television channel is in hot water for not having made a public announcement in 2009 of a 'change of control' of the company.

Mallya Vs Diageo: Sebi to look into disclosure, other lapses

Mallya Vs Diageo: Sebi to look into disclosure, other lapses

Rediff.com26 Apr 2015

Sebi to look into disclosure, other lapses in the Vijay Mallya, Diageo case.

Lakshmi Vilas Bank had dug its own grave

Lakshmi Vilas Bank had dug its own grave

Rediff.com4 Dec 2020

Its obsession for growth, chasing corporate clients and giving up its original mandate of meeting the needs of local trade and businesses. A quarter of its loan book has gone bad. That's an error of business strategy, points out Tamal Bandyopadhyay.

No business in RS, LS passes two bills as ruckus in House continues

No business in RS, LS passes two bills as ruckus in House continues

Rediff.com20 Dec 2018

Both Houses have been witnessing a ruckus over the Rafale fighter jet deal and Cauvery river issue, among other matters.

Ratnakar Bank to buy part of RBS' businesses in India

Ratnakar Bank to buy part of RBS' businesses in India

Rediff.com10 Aug 2013

Ratnakar Bank to absorb RBS' employees involved in three businesses

Public banks demands remain largely unmet in Budget

Public banks demands remain largely unmet in Budget

Rediff.com1 Mar 2015

Pulbic banks have no reason to cheer Budget announcement.