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Former Axis fund manager held for cheating investors

Viresh Joshi, a former chief trader and fund manager of Axis Mutual Fund, has been arrested under the anti-money laundering law in a case linked to alleged cheating of investors to the tune of Rs......

Why Modi Needs Mission-Mode Bureaucrats

Learning from East Asia, India must reform its district administration with performance, accountability, and vision to achieve the goal of Viksit Bharat, points out Deepak Mishra. Illustration:......

ED registers fresh case against Anil Ambani, RCom in Rs 2,929 cr loan fraud

The Enforcement Directorate has widened its ongoing money-laundering probe against the group companies of Reliance Group chairman Anil Ambani, with the registration of a fresh case against Reliance......

Bihar Polls: Non-Stop Contest For Sops

Both NDA and INDIA are racing to woo marginalised groups with assembly polls fast approaching. IMAGE: Bihar Chief Minister Nitish Kumar meets Jeevika Didis in Darbhanga, September 26, 2025.......

K'taka Cong MLA Veerendra's betting sites netted Rs 2,000 cr: ED

The Enforcement Directorate on Wednesday alleged that online betting sites "operated" by arrested Karnataka Congress MLA KC Veerendra collected funds worth more than Rs 2,000 crore in a short span......

Blackstone to invest Rs 6,200 crore for 9.99% stake in Federal Bank

Private-sector lender Federal Bank on Friday announced that New York-based Blackstone will invest Rs 6,196.51 crore in the bank through its affiliate Asia II Topco XIII Pte Ltd via a preferential......

'Federal Bank Has To Now Play Test Matches'

'We are focusing more on loan against property and used commercial vehicle financing, so the risk does not change significantly, but the yield is higher.' Illustration: Uttam Ghosh/Rediff Federal......

India Opens Doors To Foreign Banks, But...

But selectively, with regulatory scrutiny and special approval, points out Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff In September 2006, the Union government had put the Satara......

M&A financing the new frontier for banks, but RBI's watching

Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models. Illustration: Uttam Ghosh/Rediff Ask Debadatta Chand about his plans......

ED attaches fresh assets of Anil Ambani's Reliance Group

The Reliance Centre, a guesthouse and some residential assets in Mumbai, apart from 231 plots of land in Chennai, are among the fresh assets worth Rs 1,120 crore attached by the ED as part of its......

Why Indian Tennis Is In A Slump

'We were the best team in Asia at one point. Today, we are barely in the reckoning for the Davis Cup.''Players now, especially this decade, lack perseverance.' IMAGE: Sumit Nagal, the highest......

'Want to discuss Indian boxing with sports minister'

IMAGE: India's boxing campaign came to a medal-less end after Tokyo edition bronze-winner Lovlina Borgohain (75kg) bowed out in quarterfinals. Photograph: Peter Cziborra/Reuters Like any Indian......