News for 'financial crime india'

'Apology for Jallianwala is the right thing to do'

'Apology for Jallianwala is the right thing to do'

Rediff.com18 Jul 2019

'Prime Minister Modi is from Gujarat and so does not understand the importance of the Jallianwala Bagh massacre to Punjabis,' says the British MP fighting for an apology for the Jallianwala Bagh massacre.

Should Sebi be given such 'draconian' powers?

Should Sebi be given such 'draconian' powers?

Rediff.com10 Aug 2018

Interception of electronic communication should also be covered in the powers being sought, the report said.

Budget: FM may announce policy to combat black money

Budget: FM may announce policy to combat black money

Rediff.com23 Feb 2015

PAN could be used by the probe agencies.

Nirav Modi remanded to custody in UK till July 25

Nirav Modi remanded to custody in UK till July 25

Rediff.com27 Jun 2019

In her judgment handed down at the Royal Courts of Justice in London, Justice Ingrid Simler concluded there were "substantial grounds" to believe that Modi would fail to surrender as he does possess the means to "abscond".

Vet's murder: Time to fight back!

Vet's murder: Time to fight back!

Rediff.com4 Dec 2019

The horrific sexual assault and burning alive of a young veterinary doctor has shocked the nation. A Woman in Today's India reacts to the unspeakable crime that should shame every Indian.

India's 10 most controversial gurus

India's 10 most controversial gurus

Rediff.com20 Nov 2014

The controversy over Sant Rampal and his army of followers taking the law into their hands has once again thrown the spotlight on the clout that India's godmen possess.

Dawood directly involved in Mumbai attacks: Russia

Dawood directly involved in Mumbai attacks: Russia

Rediff.com18 Dec 2008

Underworld don Dawood Ibrahim was directly involved in the deadly 26/11 attacks in Mumbai and his clandestine drug trafficking network was used to finance the terror strikes in India's financial hub, a top Russian crime buster said on Thursday. "Gathered inputs testify that infamous regional drug baron Dawood Ibrahim had provided his logistics network for preparing and carrying out the Mumbai terror attacks by the militants." a Russian officer said.

Vijay Mallya saga: SFIO seeks loan details from banks

Vijay Mallya saga: SFIO seeks loan details from banks

Rediff.com26 Jun 2016

As a multi-disciplinary organisation, SFIO probes cases of financial frauds that are referred to it by Corporate Affairs Ministry

God help our economy

God help our economy

Rediff.com1 Feb 2019

Given Indian corporates's high indebtedness, new credit will be used for servicing loans rather than building factories. This is setting us up for more companies on life support and more zombie banks, warns Rahul Jacob.

When perception matters more than evidence

When perception matters more than evidence

Rediff.com8 Nov 2017

When a crime is committed, everyone seems to have a view on who has done wrong, and regardless of judicial outcome through due process of law, theories of how justice was done or not done mushroom

Anil Ambani appears before ED in Yes Bank case

Anil Ambani appears before ED in Yes Bank case

Rediff.com19 Mar 2020

Reliance group chairman Anil Ambani on Thursday appeared before the Enforcement Directorate in Mumbai in connection with a money-laundering probe against Yes Bank promoter Rana Kapoor and others, officials said. The agency is expected to record the statement of Ambani under the Prevention of Money Laundering Act. The 60-year-old businessman arrived at the ED office in Ballard Estate around 9.30 am.

US slaps sanctions against Dawood Ibrahim's brother

US slaps sanctions against Dawood Ibrahim's brother

Rediff.com17 Jan 2015

The US on Friday slapped sanctions against two Indians, including a brother of underworld don Dawood Ibrahim, and a Pakistan-based paper company for their ties with D Company.

'Naming and shaming these culprits on social media is the only option'

'Naming and shaming these culprits on social media is the only option'

Rediff.com16 Oct 2018

'Taking the legal route is not easy -- it shames you, drains you emotionally and financially.' 'The culprits get the best legal aid and fight long, costly legal battles while the victims cannot afford it.'

Sensex, Nifty end lower on mixed global cues

Sensex, Nifty end lower on mixed global cues

Rediff.com29 Jan 2019

Among the Sensex pack, Yes Bank, L&T, HDFC, RIL, HDFC Bank, PowerGrid and Coal India were the biggest losers -- falling up to 2.43 per cent.

Why do rape victims turn hostile?

Why do rape victims turn hostile?

Rediff.com3 Nov 2020

The fact that so many victims turn hostile should be a matter of concern. If so many accused persons continue to roam freely in society, this becomes an additional liability to women's safety, points out Rashme Sehgal.

Modi's surgical strike on black money: 5 lessons to learn

Modi's surgical strike on black money: 5 lessons to learn

Rediff.com10 Nov 2016

A classic example of a leader who has chosen to risk everything for his vision.

'PM has no clear roadmap for $5 trillion economy'

'PM has no clear roadmap for $5 trillion economy'

Rediff.com11 Feb 2020

Despite all of the PM's many strengths, it is increasingly clear that he does not necessarily have a coherent and clear worldview on matters of macro policy.

Rs 435 million spent to propagate Hindi worldwide

Rs 435 million spent to propagate Hindi worldwide

Rediff.com22 Jul 2019

Complaints to NCM fall down sharply...4,000 Indian women deserted by NRI husbands since 2016...79 districts in India still don't have blood banks...

Safety of Aadhaar data: Budget may focus on cybersecurity

Safety of Aadhaar data: Budget may focus on cybersecurity

Rediff.com15 Jan 2018

With a rise in the number of cyber crimes and hacking, and many putting a question mark on safety of Aadhaar data, the FM might bring proposals in this regard and allocate funds separately.

Will Samvat 2074 be good, bad or ugly?

Will Samvat 2074 be good, bad or ugly?

Rediff.com31 Oct 2017

If GDP growth in Q2FY18 remains below 7%, the outlook for Samvat 2074 would remain uncertain at best, says Nitin Desai.

Rajat Gupta's appeal to overturn insider trading conviction rejected

Rajat Gupta's appeal to overturn insider trading conviction rejected

Rediff.com6 Aug 2015

His prison term is set to end on March 2016.

How banks can minimise losses from fraud

How banks can minimise losses from fraud

Rediff.com21 Mar 2018

25,600 cases of banking fraud totalling Rs 1.79 billion were reported up to December 2017. 'There is an inherent legacy when it comes to insuring crime.' 'Generally, most banks are uncomfortable in sharing data about employee fraud.'

Sheena murder: Indrani, Khanna blame each other

Sheena murder: Indrani, Khanna blame each other

Rediff.com30 Aug 2015

In a new twist to the Sheena Bora murder saga, Indrani Mukerjea and her former husband Sanjeev Khanna have blamed each other for the crime during police interrogation.

BJP can't cheat people now after promising 'Acche Din': Uddhav

BJP can't cheat people now after promising 'Acche Din': Uddhav

Rediff.com23 Jul 2015

To a question, Thackeray said that even though the governments have changed at the Centre and in the state, nothing much has changed on the "ground".

HC upholds bail granted to bookie Chawla in match fixing scandal

HC upholds bail granted to bookie Chawla in match fixing scandal

Rediff.com6 May 2020

The Delhi High Court on Wednesday upheld a trial court's decision to grant bail to Sanjeev Chawla, an alleged bookie and key accused in one of the cricket's biggest match-fixing scandals that involved former South African captain Hansie Cronje, saying when the scenario of a trial taking place was "stark", the liberty of a person "cannot be left in limbo" on the belief that he was a flight risk.

'Global jihad does indeed threaten India'

'Global jihad does indeed threaten India'

Rediff.com5 Jun 2017

'A series of arrests have illustrated that IS now has a footprint in India.' 'India has been, for a very long time, a key part of Al Qaeda's global jihadist ambitions.'

A 5-point action plan to make Digital India a reality

A 5-point action plan to make Digital India a reality

Rediff.com10 Jul 2015

Rajeev Chandrasekhar discusses five issues pivotal for the success of Digital India

Factbox: Money laundering probe into Sahara

Factbox: Money laundering probe into Sahara

Rediff.com23 Dec 2015

Suspicions have swirled for years that many of Sahara's millions of investors are fictitious names

Firms cut security spending despite breaches, says PwC survey

Firms cut security spending despite breaches, says PwC survey

Rediff.com21 Oct 2014

According to a survey done by PricewaterhouseCoopers, the average cost due to security incidents for Indian companies more than doubled from $194 in 2013 to $414 in 2014.

Nirav Modi further remanded to custody in UK prison until August 22

Nirav Modi further remanded to custody in UK prison until August 22

Rediff.com25 Jul 2019

He has been lodged at Wandsworth prison in south-west London since his arrest in March in connection with the nearly $2 billion Punjab National Bank fraud and money laundering case.

Fake news: No jail for social media execs

Fake news: No jail for social media execs

Rediff.com24 Mar 2019

Companies, industry associations, law firms and individuals have pointed out the lack of clarity on how the changes are worded and said it would violate user privacy.

Sheena Bora case: Bail hopes dashed, custody of all 3 accused extended

Sheena Bora case: Bail hopes dashed, custody of all 3 accused extended

Rediff.com31 Aug 2015

Indrani Mukerjea faced fresh charges of poisoning and attempting to murder her son Mikhail as police suspect involvement of people outside the state in the sensational crime.

Sheena Bora case: Car traced, Raigad cops admit lapses

Sheena Bora case: Car traced, Raigad cops admit lapses

Rediff.com29 Aug 2015

The car in which Sheena Bora was allegedly killed was on Saturday traced while questions cropped up of a cover-up by police in not registering a case of murder or accidental death 3 years ago when a partially-burnt body believed to be hers was found.

PNB scam: CBI seeks details of nostro transactions from 5 banks

PNB scam: CBI seeks details of nostro transactions from 5 banks

Rediff.com26 Feb 2018

The agency on Monday questioned three general managers of the Punjab National Bank who have handled the -International Banking Division and Treasury department of the bank, officials said without revealing their identity.

MQM founder and exiled Pak leader Altaf Hussain held in UK

MQM founder and exiled Pak leader Altaf Hussain held in UK

Rediff.com11 Jun 2019

Altaf Hussain has been arrested in relation to the hate speech of 2016 in which he had urged his followers to take the law into their own hands, it said.

Infy whistleblower questions U-turn on Panaya

Infy whistleblower questions U-turn on Panaya

Rediff.com15 Apr 2018

'Where is the board's accountability in this whole transaction? The members of the earlier board who participated in approving and defending these acquisition are still in the current board,' the whistleblower said in a mail sent to US SEC and Sebi.

Aarushi's murder trial and a tale about India

Aarushi's murder trial and a tale about India

Rediff.com5 Aug 2015

'If the State does want to come after you, in India, it can do pretty much anything. And often it isn't as though the orders are coming from the President or prime minister, no, the systems have been built in a way -- or we have allowed them to be built in a way -- that almost encourages crushing of liberties.'

Mosul victim's wife: Don't want to collect husband's body

Mosul victim's wife: Don't want to collect husband's body

Rediff.com22 Mar 2018

Distraught with the news of her husband's death in Mosul, Dipali Tikadar now harbours just one wish: a meeting with West Bengal Chief Minister Mamata Banerjee to seek a government job.

ED files fresh chargesheet in VVIP choppers deal; names middleman Christian Michel

ED files fresh chargesheet in VVIP choppers deal; names middleman Christian Michel

Rediff.com15 Jun 2016

The Enforcement Directorate has filed a fresh charge sheet, delving specifically into the role of British national and alleged middleman Christian Michel James and his few Indian associates, in connection with its money laundering probe in the Rs 3,600 crore VVIP chopper deal.

ED arrests Agusta middleman Christian Michel, gets 7-day custody

ED arrests Agusta middleman Christian Michel, gets 7-day custody

Rediff.com22 Dec 2018

A special court denied Christian Michel bail in the related Central Bureau of Investigation case.