News for 'fake trading platform'

Sebi cracks down on fake stock tips

Sebi cracks down on fake stock tips

Rediff.com5 Jul 2017

Writes to Trai, Mumbai Police to catch unauthorised SMS senders

Demand for Indian generic drugs shot up in China amid Covid surge

Demand for Indian generic drugs shot up in China amid Covid surge

Rediff.com9 Jan 2023

Due to the massive short supply of Paxlovid, demand for Indian generic versions has gone up through Chinese e-commerce platforms.

Alibaba lobbies to stay off US blacklist list for fakes

Alibaba lobbies to stay off US blacklist list for fakes

Rediff.com18 Oct 2015

At least three industry bodies have alleged counterfeits remain widespread on Alibaba's sites

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.

BJP under attack after report claims firm boosted its campaign on FB

BJP under attack after report claims firm boosted its campaign on FB

Rediff.com15 Mar 2022

Communist Party of India-Marxist general secretary Sitaram Yechury described it as a "brazen destruction of the foundations of our democracy".

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."

The chink in the e-commerce draft

The chink in the e-commerce draft

Rediff.com25 Feb 2019

While the new norms are part of the draft policy's guidelines to fight counterfeit and fake products on platforms, they might end up helping brands and e-commerce firms sign exclusive sale deals.

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.

'Let the good times roll', Elon Musk tweets on 1st morning as Twitter boss

'Let the good times roll', Elon Musk tweets on 1st morning as Twitter boss

Rediff.com28 Oct 2022

Billionaire Elon Musk has completed his $44 billion takeover of Twitter and fired the social media company's four top executives, including CEO Parag Agrawal and legal executive Vijaya Gadde. The New York Times said that Musk, the world's richest man, closed the deal to buy Twitter on Thursday. Citing people with knowledge of the situation, the report said that Musk "has started cleaning house at Twitter with the firings of at least four top executives". The Twitter executives who were fired include Agrawal, Gadde, chief financial officer Ned Segal and general counsel Sean Edgett.

Govt issues 202 notices to e-com players for violating norm

Govt issues 202 notices to e-com players for violating norm

Rediff.com26 Oct 2021

The Union government on Tuesday said it has issued 202 notices to e-commerce players for incorrect declaration of 'country of origin' on products on their platforms in the last one year. The maximum number of such violations were found with respect to electronic appliances, followed by clothing and home products. Out of 217 notices, 202 notices were issued for violations relating to 'country of origin' norm.

Data privacy: Tension between big technology firms and govt boils over

Data privacy: Tension between big technology firms and govt boils over

Rediff.com22 Mar 2021

There is a perception getting built inside the government that big technology companies -- a common term used for firms like Facebook, Google, Twitter, Amazon and the like - are becoming very powerful and present multiple threats to entire nations and their citizens today. The digital ecosystem is replete with CSAM (child sexual abuse material), fake news, drug trade, radicalisation, trolling among other social vices. Given the network effect that these platforms have, it is important to ensure that these platforms are not misused.

Sitharaman has some good news for 'honest taxpayers'

Sitharaman has some good news for 'honest taxpayers'

Rediff.com7 Jan 2020

In a bid to curb harassment of taxpayers, Sitharaman said, a faceless e-assessment scheme was launched in October to eliminate interface between an assessing officer and a taxpayer.

BJP, Cong accuse each other of hiring firm linked to FB data breach

BJP, Cong accuse each other of hiring firm linked to FB data breach

Rediff.com21 Mar 2018

The minister also cautioned the social media giant and its CEO Mark Zuckerberg of repercussions under the IT Act in case of any data breach came to light.

How 'briefcase' firms are robbing the govt of GST tax

How 'briefcase' firms are robbing the govt of GST tax

Rediff.com17 Jan 2019

A government report revealed that fake companies floated with fake addresses, issued fake GST invoices and generated fake e-way bills, with fake vehicle registration details without supplying any goods causing huge loss to the exchequer.

Centre scraps social media hub after 'surveillance state' remark

Centre scraps social media hub after 'surveillance state' remark

Rediff.com3 Aug 2018

Trinamool Congress MLA Mahua Moitra alleged that the Centre's social media hub policy was to be used as a tool to monitor social media activities of the citizens and should be quashed.

Narcotic jihad row: BJP leaders meet bishop; Cong blames LDF govt

Narcotic jihad row: BJP leaders meet bishop; Cong blames LDF govt

Rediff.com13 Sep 2021

With the controversy over 'love and narcotic jihad' remark by Pala Bishop Joseph Kallarangatt refusing to die down, the Congress and the Bharatiya Janata Party on Monday engaged in a fresh round of verbal sparring.

IT dept initiates major probe against penny stock traders

IT dept initiates major probe against penny stock traders

Rediff.com21 Mar 2016

These stocks are prone to manipulation and have been earlier reported by probe agencies.

Full text: President Murmu's address to Parliament's Budget Session

Full text: President Murmu's address to Parliament's Budget Session

Rediff.com31 Jan 2023

'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.

Trump defends Charlottesville response, targets 'dishonest' media

Trump defends Charlottesville response, targets 'dishonest' media

Rediff.com23 Aug 2017

Trump said he strongly condemn neo-Nazis, white supremacists and the Ku Klux Klan members."

CBI unearths 339 shell companies used to divert Rs 2,900 crore

CBI unearths 339 shell companies used to divert Rs 2,900 crore

Rediff.com7 May 2017

CBI sources said the shell companies were allegedly being used by the suspects to divert loan funds meant for specified purposes, creating fake invoices, and 'round-tripping' of funds to evade taxes and generate black money.

Soccer Extras: Serie A chief apologises for anti-racism ape artwork

Soccer Extras: Serie A chief apologises for anti-racism ape artwork

Rediff.com18 Dec 2019

News of all that's transpired on and off the football field

How Joko won -- and Modi could too

How Joko won -- and Modi could too

Rediff.com19 Apr 2019

'Joko's re-election bid has been as tough as Modi's.' 'But in a curious reversal of roles, what Joko faced was a platform somewhat akin to Modi has chosen for himself to woo voters,' notes Ambassador M K Bhadrakumar.

Over 40 % of China's online goods are shoddy, counterfeit

Over 40 % of China's online goods are shoddy, counterfeit

Rediff.com3 Nov 2015

China has overtaken the US as the world largest online retail market with $442 billion compared to US.

Sebi finds lack of evidence in tax evasion of  38K cr

Sebi finds lack of evidence in tax evasion of 38K cr

Rediff.com20 Jan 2017

Legal hurdle cited in I-T action against 32,000 entities.

Sitharaman visits Rafale manufacturing facility in France

Sitharaman visits Rafale manufacturing facility in France

Rediff.com13 Oct 2018

RM took stock of progress in production of the fighter jets whose delivery to India will begin in September next year.

EXPLAINED: Cambridge Analytica, Facebook and the data breach

EXPLAINED: Cambridge Analytica, Facebook and the data breach

Rediff.com22 Mar 2018

British data analytics firm Cambridge Analytica is at the centre of a controversy in India, the United States and Britain after two newspapers reported on Sunday that the company harvested personal data about Facebook users beginning in 2014. How does that matter, what does it entail and should you be worried? All these answers and more, explained right here.

Reckless businessman to reckless president: Decoding Donald

Reckless businessman to reckless president: Decoding Donald

Rediff.com5 May 2018

'Can he be the statesman that a divided nation needs?' 'Not remotely, but by following his gut, he may yet surprise the scores upon scores of naysayers,' says Vikram Johri.

All you need to know about the Left-wing activists who were arrested

All you need to know about the Left-wing activists who were arrested

Rediff.com28 Aug 2018

Maharashtra police on Tuesday raided the homes of prominent Left-wing activists in several states and arrested at least five of them for suspected Maoist links. Near simultaneous searches were carried out at the residences of prominent Telugu poet Varavara Rao in Hyderabad, activists Vernon Gonzalves and Arun Farreira in Mumbai, trade union activist Sudha Bhardwaj in Faridabad, and civil liberties activist Gautam Navalakha in New Delhi. Subsequently, Rao, Bhardwaj and Farreira were arrested. Although Navalakha was also arrested, the Delhi high court ordered police not to take him out of the national capital at least until Wednesday. According to unconfirmed reports, others whose residences were raided are Susan Abraham, Kranthi Tekula, Father Stan Swamy in Ranchi and Anand Teltumbde in Goa. The raids were carried out as part of a probe into the violence between Dalits and the upper caste Peshwas at Koregaon-Bhima village near Pune after an event called Elgar Parishad, or conclave, on December 31 last year. Here are their brief profiles:

Note ban objective was to squeeze out cash: Jaitley

Note ban objective was to squeeze out cash: Jaitley

Rediff.com30 Aug 2017

Jaitley said note ban has compelled people to deposit money into bank accounts.

A dangerous new world: Governance by social media

A dangerous new world: Governance by social media

Rediff.com8 Feb 2017

'You worry when serious people, with control of our and our children's future, begin to start obsessing over social media, seeing it as an easy, lazy, fun, low-cost substitute for boring, old-fashioned practices of politics, governance and serious, fact-based debate,' says Shekhar Gupta.

Rewind 2014: Odd PHOTOS from a mad, mad world

Rewind 2014: Odd PHOTOS from a mad, mad world

Rediff.com31 Dec 2014

Shot in 2014, these images from across the globe will tell that it is a crazy world out there!

'Modi needs another 10 years'

'Modi needs another 10 years'

Rediff.com14 Feb 2019

'I say Modi was India's last chance.' 'Because the kind of work this government has done -- I'm talking about physical delivery -- is fantastic, like no time in our history.'

'We assist to bankrupt ideology of violent extremism everywhere'

'We assist to bankrupt ideology of violent extremism everywhere'

Rediff.com21 Jan 2015

In his penultimate State of the Union address, Barack Obama said that the economy is improving.

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