News for 'fake firms'

Fake Chinese-made parts supplied for indigenised Bofors guns: CBI

Fake Chinese-made parts supplied for indigenised Bofors guns: CBI

Rediff.com21 Jul 2017

The CBI alleged that the supplier entered into criminal conspiracy with the unidentified GCF officials to supply duplicate spare parts.

IT minister pulls up WhatsApp for incorrect India map

IT minister pulls up WhatsApp for incorrect India map

Rediff.com31 Dec 2022

The minister also made it clear that "all platforms that do business in India and/or want to continue to do business in India, must use correct maps".

Eyewitness reveals details of Gambhir-Kohli verbal spat

Eyewitness reveals details of Gambhir-Kohli verbal spat

Rediff.com2 May 2023

'Toh ab tu mujhe sikhayega...,' Gambhir said in a verbal spat with Kohli

BharatPe sacks Ashneer Grover's wife Madhuri Jain, cancels ESOPs

BharatPe sacks Ashneer Grover's wife Madhuri Jain, cancels ESOPs

Rediff.com23 Feb 2022

BharatPe has sacked Madhuri Jain Grover, wife of the fintech firm's co-founder and managing director Ashneer Grover, over alleged financial irregularities and cancelled ESOPs vested with her. Madhuri is alleged to have used company funds for personal beauty treatments, buying electronic items and family trips to the US and Dubai, sources with direct knowledge of the matter said. Besides, she also allegedly paid her personal staff out of company accounts and produced fake invoices from known/friendly parties, they added.

BJP hails note ban verdict; asks will Rahul apologise

BJP hails note ban verdict; asks will Rahul apologise

Rediff.com2 Jan 2023

The Supreme Court in a 4:1 majority verdict upheld the government's 2016 decision to demonetise Rs 1,000 and Rs 500 denomination notes, saying the decision-making process was not flawed.

Good Bad Girl Review: No Good Reason To Watch

Good Bad Girl Review: No Good Reason To Watch

Rediff.com14 Oct 2022

With a pathological liar and poseur at the centre of the show and in practically every frame, one can't help but wonder what the makers were thinking, notes Deepa Gahlot. Good Bad Girl Review

Overseas Education Comes With A Cost

Overseas Education Comes With A Cost

Rediff.com17 May 2023

According to a 2021 Redseer report, India's overseas education market is estimated to more than double to $80 billion by 2024.

Why GPT App Downloads Are A Concern

Why GPT App Downloads Are A Concern

Rediff.com1 Mar 2023

How many of the apps downloaded in India deliver the GPT technology they say they are?

Modi's New Target: Digital Media

Modi's New Target: Digital Media

Rediff.com18 Apr 2023

Particularly the small and independent Web sites that have developed a following in the recent past because the mainstream is seen as totally aligned with the government, points out Aakar Patel.

WhatsApp bans over 23.28 lakh Indian accounts in August

WhatsApp bans over 23.28 lakh Indian accounts in August

Rediff.com1 Oct 2022

Over 23.87 lakh Indian accounts were banned by WhatsApp in July.

BharatPe sacks employees, vendors; to claw back shares from Grover

BharatPe sacks employees, vendors; to claw back shares from Grover

Rediff.com10 May 2022

Payments startup BharatPe on Tuesday said it has terminated several employees and vendors as well as filed criminal cases against them for misconduct besides deciding to claw back former founder Ashneer Grover's restricted shares in the firm. The steps have been taken by the company's board following a detailed corporate governance review against the backdrop of alleged lapses and misdoings during the tenure of Grover as managing director. IPO-hopeful BharatPe, which allows shop owners to make digital payments through QR codes, has implemented a new code of conduct for senior management and employees and brought in a comprehensive vendor procurement policy to avoid a repeat of alleged lapses that happened when Grover was managing director.

10 Smart Tips to Protect Your Social Media Accounts

10 Smart Tips to Protect Your Social Media Accounts

Rediff.com10 Jan 2023

Avoid clicking on any unknown links from strangers. Use a different, secure password for each social media account you have.

Social media startup Pepul to launch on R-Day

Social media startup Pepul to launch on R-Day

Rediff.com19 Jan 2022

After raising Rs 10 crore in seed funding last week from investors like Paytm founder Vijay Shekhar Sharma, Freshworks founder Girish Mathrabootham and Silicon Valley based venture capitalist firm Hourglass Venture, Chennai-based social media startup Pepul told Business Standard that it is looking to raise around Rs 200 crore by June this year for expansion. The social media platform, focused on online ethical practices, will be launched by 1,000 entrepreneurs across the country on January 26. Pepul, founded by G Suresh Kumar, will be using an Aadhaar-based user verification system to get rid of fake accounts on its platform. "We are planning to raise around Rs 200 crore by June this year.

Zomato puts on hold policy banning eateries over consumer complaints

Zomato puts on hold policy banning eateries over consumer complaints

Rediff.com16 Apr 2022

Zomato said late on Friday that it was pushing the implementation of the new food quality policy to May 3 from April 18.

Names of 4 children of rebel Sena MLA appear in exam scam

Names of 4 children of rebel Sena MLA appear in exam scam

Rediff.com8 Aug 2022

While 7,500 of the 7,880 candidates allegedly tampered with the results in the exchange for money to show themselves "eligible" in the results of the final exam, 293 candidates secured forged/fake certificates projecting themselves as eligible candidates after the final results.

New To Crypto Investing? 7 Tips For You

New To Crypto Investing? 7 Tips For You

Rediff.com11 Feb 2022

Avoid thinking of investment as some 'become millionaire in a week' scheme, says Nikhil Sethi, founder and MD, Zuvomo, a crowdfunding firm. Always think of long term gains and plan your trades accordingly.

Tu Jhoothi Main Makkaar Review: Ranbir Sizzles, Shraddha Fizzles

Tu Jhoothi Main Makkaar Review: Ranbir Sizzles, Shraddha Fizzles

Rediff.com8 Mar 2023

Two seconds of Kajol and Shah Rukh Khan in Kuch Kuch Hota Hai pack in more chemistry than two hours and 44 minutes of Ranbir and Shraddha's romance in Tu Jhoothi Main Makkaar, feels Sukanya Verma.

FTX Failure: Lessons To Be Learnt

FTX Failure: Lessons To Be Learnt

Rediff.com16 Dec 2022

Damage from new shenanigans can be contained if regulators move quickly when something does not smell right, counsels Debashis Basu.

ACB files FIR against firm owned by Kejriwal's relative in PWD scam

ACB files FIR against firm owned by Kejriwal's relative in PWD scam

Rediff.com9 May 2017

The Delhi Anti-Corruption Branch on Tuesday registered three separate FIRs in an alleged PWD scam, including one against the company of Delhi Chief Minister Arvind Kejriwal's late brother-in-law Surender Kumar Bansal.

After Amazon, Flipkart fined for allowing sale of poor quality cookers

After Amazon, Flipkart fined for allowing sale of poor quality cookers

Rediff.com18 Aug 2022

The Central Consumer Protection Authority (CCPA) on Wednesday said it has imposed a penalty of Rs 1 lakh on e-commerce firm Flipkart for allowing sale of substandard domestic pressure cookers on its platform, in violation of mandatory standards. Headed by Chief Commissioner Nidhi Khare, the CCPA has directed Flipkart to recall all such 598 pressure cookers sold on its platform, reimburse their buyers, and submit a compliance report within 45 days. The central government routinely notifies the Quality Control Orders (QCOs), specifying compulsory conformity to a standard and use of the standard mark for a product to protect consumers from the risk of suffering injury and harm and in the interest of the public at large.

More companies should be allowed to produce vaccines: Gadkari

More companies should be allowed to produce vaccines: Gadkari

Rediff.com19 May 2021

Union Minister Nitin Gadkari on Tuesday said that more pharma companies should be allowed to manufacture the COVID-19 vaccine in the country during the pandemic to scale up production.

Flipkart promotes several leaders as it gears up for blockbuster IPO

Flipkart promotes several leaders as it gears up for blockbuster IPO

Rediff.com7 Jun 2022

Flipkart has promoted several of its leaders into newer roles at a time when the Walmart-owned e-commerce giant has internally raised its IPO (initial public offering) valuation target to about $60 billion and aims for a US listing in 2023, according to the sources. "I am delighted to announce the promotion of some of our exemplary leaders," said Kalyan Krishnamurthy, chief executive officer, Flipkart Group, in an internal note, and which has been reviewed by Business Standard. "Each of them has been instrumental in delivering impact and creating long-term value for Flipkart.

New IT rules to put legal obligations on social media platforms: Govt

New IT rules to put legal obligations on social media platforms: Govt

Rediff.com29 Oct 2022

India's tweaking of IT rules allow formation of Centre-appointed panels, that will settle often-ignored user grievances against content decision of social media companies, Minister of State for IT Rajeev Chandrasekhar said, adding that this was necessitated due to the "casual" and "tokenism" approach of digital platforms towards user complaints so far.

WhatsApp banned over 19 lakh Indian accounts in May for breaching rules

WhatsApp banned over 19 lakh Indian accounts in May for breaching rules

Rediff.com1 Jul 2022

In comparison, the messaging platform had banned over 16 lakh accounts of Indian users in the month of April, and 18.05 lakh such accounts in March.

Govt on Musk's Twitter takeover: How does it matter who owns what?

Govt on Musk's Twitter takeover: How does it matter who owns what?

Rediff.com28 Oct 2022

India's expectation of Twitter complying with the country's rules for social media platforms will not change with its takeover by Elon Musk, according to a senior minister.

BharatPe: Another founder vs investor battle starts

BharatPe: Another founder vs investor battle starts

Rediff.com4 Feb 2022

With Bharatpe's co-founder Ashneer Grover launching an offensive against the firm's investors after facing a probe over alleged fraud, abrasive behaviour and corporate governance issues, the company on Friday said questioning the integrity of board members and misrepresentation of facts is painful. "The (company) board in all its actions has followed due process in the best interest of the company. We would urge that the confidentiality and integrity of the governance review and board meetings is maintained by all," BharatPe said in a statement. The statement followed Grover, who was sent on a three-month leave following allegations of using abusive language against Kotak Mahindra Bank staff and for fraudulent practices, reportedly saying he was "arm-twisted" by the company's investors into going on leave and that he had lost confidence in CEO Sameer Suhail.

Who Stoked Migrant Labour 'Exodus' From Tamil Nadu?

Who Stoked Migrant Labour 'Exodus' From Tamil Nadu?

Rediff.com6 Mar 2023

Unless controlled and contained, given the untested belief that the north Indian labour support and follow the Hindutva kind of political ideology, there is a potential in terms of ideological clashes with their Dravidian brethren in the local neighbourhoods, and it all escalating into violence, especially during election time, predicts N Sathiya Moorthy.

Mumbai vaccine camp fraud: Cops find jabs had saline water

Mumbai vaccine camp fraud: Cops find jabs had saline water

Rediff.com25 Jun 2021

The Mumbai police has formed a special investigation team to probe a fake COVID-19 vaccination camp racket that took place in several places in the metropolis, leading to the arrest of 10 persons, a senior official said.

Xi makes first public appearance after SCO summit, scotches coup rumours

Xi makes first public appearance after SCO summit, scotches coup rumours

Rediff.com27 Sep 2022

Chinese President Xi Jinping on Tuesday visited an exhibition of the Communist Party, appearing in public for the first time after his return from the SCO summit on September 16, which sparked rumours about his absence from the limelight ahead of next month's key Congress of the ruling party.

4 arrested in Indore for assaulting bangle seller; Hindu outfit stages protest

4 arrested in Indore for assaulting bangle seller; Hindu outfit stages protest

Rediff.com24 Aug 2021

The police have so far arrested four persons for allegedly assaulting a bangle seller for apparently using a 'fake' name while selling his goods to women in Govind Nagar of Indore in Madhya Pradesh, an official said on Tuesday.

'Firm action against culprits in custodial death'

'Firm action against culprits in custodial death'

Rediff.com11 Aug 2011

Union Home Secretary R K Singh has said that strict action will be taken against those who are found involved in the Sopore custodial death and Surankote fake encounter cases in Jammu and Kashmir.

India Issues Notice to Wikipedia Over False Arshdeep Link

India Issues Notice to Wikipedia Over False Arshdeep Link

Rediff.com5 Sep 2022

Arshdeep Singh has incurred the wrath of social media users since Sunday when he dropped a catch in the closing stages of a tense India-Pakistan match.

BEWARE! Fraud Journals On The Rise

BEWARE! Fraud Journals On The Rise

Rediff.com27 Nov 2021

Cloned journals have become more rampant in the post-pandemic world.

Now, Kerala Guv seeks action against finance minister, CM says no

Now, Kerala Guv seeks action against finance minister, CM says no

Rediff.com26 Oct 2022

Kerala Governor Arif Mohammed Khan has written to Chief Minister Pinarayi Vijayan seeking 'constitutionally appropriate' action against Finance Minister K N Balagopal for making a speech 'undermining unity', a demand turned down by the CM.

Was Amazon platform used for sourcing marijuana?

Was Amazon platform used for sourcing marijuana?

Rediff.com16 Nov 2021

On Saturday, an online marijuana sale racket was busted by Bhind police in Madhya Pradesh, leading to the arrest of two persons and seizure of 20 kilograms of the contraband, according to an official. The accused were operating the racket through a leading e-commerce firm, which received two-thirds of the profits generated, as per the official.

Fake consumer durables a real worry for companies

Fake consumer durables a real worry for companies

Rediff.com16 Oct 2012

In a slowing Indian market, where intense competition is already squeezing margins, this is evidence of another pressure that consumer electronics firms are dealing with.

Fresh violence hits Meghalaya; Shah assures CBI probe into border firing

Fresh violence hits Meghalaya; Shah assures CBI probe into border firing

Rediff.com25 Nov 2022

Meghalaya Chief Minister Conrad Sangma on Thursday said Union Home Minister Amit Shah has given firm assurances at a meeting held in Delhi of acting on his request for a Central Bureau of Investigation (CBI) probe into the 'firing by Assam Police' along the states' border.

Will respond strongly to frauds: Sequoia Capital

Will respond strongly to frauds: Sequoia Capital

Rediff.com17 Apr 2022

'We will take tough calls where needed in the interest of doing what is right.'

Swiggy, Zomato and others get 15 days to submit complaint redressal plan

Swiggy, Zomato and others get 15 days to submit complaint redressal plan

Rediff.com13 Jun 2022

The government on Monday asked online food business operators like Swiggy and Zomato to submit a proposal within 15 days on improving their consumer grievance redressal mechanism amid rising complaints from customers. The department of consumer affairs directed e-commerce FBOs "to transparently show consumers the breakup of all charges included in the order amount such as delivery charges, packaging charges, taxes, surge pricing etc." According to an official statement, "The Department of Consumer Affairs has directed major e-commerce Food Business Operators (FBOs) to furnish the current framework as well as a proposal on improving the consumer grievance redressal mechanism within 15 days."

JK separatists duped medical, engg aspirants by promising seats in Pak: Police

JK separatists duped medical, engg aspirants by promising seats in Pak: Police

Rediff.com2 Jan 2022

The chargesheet, filed by the State Investigation Agency, has highlighted several instances where parents were taken across the border using valid travel documents but were later compelled to pay extra money for their wards' admission to universities and colleges there.