News for 'financial crime'

SHO suspended over alleged role in Kanpur ambush

SHO suspended over alleged role in Kanpur ambush

Rediff.com4 Jul 2020

Eight police personnel, including a deputy superintendent of police, were gunned down in a village near Kanpur city by the henchmen of a criminal who lost two of them in a firefight later, officials said.

Fake accounts+middlemen+illegal funds: The unholy trinity

Fake accounts+middlemen+illegal funds: The unholy trinity

Rediff.com18 Jul 2012

Terrorist groups and drug mafias often use middlemen, who open several accounts in a bank under a number of assumed identities, says Vicky Nanjappa

Back to the wall, will Choksi still manage to pull off a trick or two?

Back to the wall, will Choksi still manage to pull off a trick or two?

Rediff.com12 Jun 2021

Given how everything has played out, Mehul Choksi, now 62, achieved all that he wanted but for all the wrong reasons, says Pavan Lall.

Soccer: 'Make Carrick United manager for rest of season'

Soccer: 'Make Carrick United manager for rest of season'

Rediff.com23 Nov 2021

Roma teenager Afena-Gyan plays down apparent racist remark.

'Mamata is mentally and physically finished'

'Mamata is mentally and physically finished'

Rediff.com23 Mar 2021

'Our honourable CM is so shameless that she will say the state is among the safest for women.'

To tackle 'jungle Raj', Nitish forms industrial security force

To tackle 'jungle Raj', Nitish forms industrial security force

Rediff.com25 May 2016

Bihar Chief Minister Nitish Kumar on Wednesday lamented that a section of people start "chanting" 'Jungle Raj' after every incident of crime in the state and said the government has decided to set up a battalion for safeguarding banks and other such establishments.

Norton warns of data theft on public wi-fi

Norton warns of data theft on public wi-fi

Rediff.com18 Nov 2016

As much as 70% of the 20,900 users globally, reached through an online survey, say they use public wi-fi for checking e-mail, logging into social media accounts or sharing files.

Why our farmers are committing suicide

Why our farmers are committing suicide

Rediff.com19 Apr 2017

Rediff Labs analyses 2015 NCRB data on farmer suicides for each state in India.

'Banks, FIs to face action under new black money law'

'Banks, FIs to face action under new black money law'

Rediff.com4 Mar 2015

The comments assume significance in view of the charges faced by HSBC

Modi kicks off Bihar poll campaign, rakes up Art 370

Modi kicks off Bihar poll campaign, rakes up Art 370

Rediff.com23 Oct 2020

"The era of 'lalten' is gone. In the last six years consumption of electricity has increased 3 fold in Bihar," PM Modi said. "Voters of Bihar have taken a resolve that they won't let those who have a history of making the state 'Bimaru' come near them," he added.

The curious case of money-laundering by Satyam Computers

The curious case of money-laundering by Satyam Computers

Rediff.com21 Aug 2014

The Satyam case is unprecedented in the sense it highlights how a sluggish judicial process has thwarted the efforts of a government authority to attach financial assets of a scam-tainted corporate entity, says Paranjoy Guha Thakurta.

Govt asks WhatsApp to find solution to trace origin of fake messages

Govt asks WhatsApp to find solution to trace origin of fake messages

Rediff.com21 Aug 2018

Information and Technology Minister Ravi Shankar Prasad, after meeting WhatsApp Head Chris Daniels, said the Facebook-owned messaging app has contributed significantly to India's digital story but it needs to find solutions to deal with "sinister developments" like mob-lynching and revenge porn.

Chhota Rajan, 8 others get life in jail for 'cold-blooded' killing of J Dey

Chhota Rajan, 8 others get life in jail for 'cold-blooded' killing of J Dey

Rediff.com2 May 2018

Vora and Paulson Joseph were acquitted due to lack of evidence.

Sushant case: Bihar cops: Rhea 'under watch'

Sushant case: Bihar cops: Rhea 'under watch'

Rediff.com1 Aug 2020

'Even though a lot of horrible things are being said about me on the electronic media,' says Rhea Chakraborty, 'I refrain from commenting on the advice of my lawyers.' 'Satyamev Jayate, the truth shall prevail.'

TV journalists have become politicians!

TV journalists have become politicians!

Rediff.com9 Jan 2021

India's news broadcasters are a national shame that have polarised Indians, observes Vanita Kohli-Khandekar.

With IT's spread, cyber attacks also expanding: Report

With IT's spread, cyber attacks also expanding: Report

Rediff.com30 Jul 2016

A new breed of hackers has emerged, whose main aim is not necessarily financial gain but causing disruption

Constitution balances freedom of speech with curbs: CJI

Constitution balances freedom of speech with curbs: CJI

Rediff.com26 Nov 2020

Chief Justice of India S A Bobde on Thursday said that nothing is conferred as right of freedom of speech in 'absolute and untrammelled terms' and the framers of the Constitution have struck a resilient balance between liberty and the rights and conditions on which the states can deny it.

Yes Bank founder Rana Kapoor sent to custody till Mar 11

Yes Bank founder Rana Kapoor sent to custody till Mar 11

Rediff.com8 Mar 2020

The Enforcement Directorate arrested Yes Bank founder Rana Kapoor under money-laundering charges in Mumbai in the early hours of Sunday, officials said. The banker was held under the provision of the Prevention of Money Laundering Act (PMLA) around 3 am as he was allegedly not cooperating in the probe, they said.

Why bankruptcy suicides are on the rise in Mumbai, Hyderabad

Why bankruptcy suicides are on the rise in Mumbai, Hyderabad

Rediff.com3 Jul 2014

Number of suicides due to financial distress rose 13.6 per cent compared to 2012

Bengaluru: 6 from SDPI held for attack on RSS member

Bengaluru: 6 from SDPI held for attack on RSS member

Rediff.com17 Jan 2020

Police said the six allegedly attempted to kill an RSS worker on December 22 for taking part in a pro-CAA rally. The matter has now been handed over to the ATS and an SIT will also be formed to ensure that such people do not create any disturbance, police said.

Cabinet clears Fugitive Economic Offenders Bill

Cabinet clears Fugitive Economic Offenders Bill

Rediff.com1 Mar 2018

Offenders will be tried under Prevention of Money Laundering Act

'Indians live in fear'

'Indians live in fear'

Rediff.com19 Apr 2018

'They have no other agenda, but to perpetuate hate.' 'They have destroyed the economy and polity and they survive only on hate.' 'They think through hatred, they can mobilise the large chunk of Hindu votes.'

Avoid cash transactions: ECB combats corruption

Avoid cash transactions: ECB combats corruption

Rediff.com9 Jun 2019

The report said the use of debit cards would allow the ICC Anti-Corruption sleuths to keep trackof all financial transactions during the tournament by players, team and match officials.

Trump imposes sanctions on Turkey, says prepared to 'swiftly destroy' its economy

Trump imposes sanctions on Turkey, says prepared to 'swiftly destroy' its economy

Rediff.com15 Oct 2019

The order gives the state and treasury departments authority to consider and impose sanctions on individuals, entities or associates of the Turkish government involved in actions that endanger civilians or lead to the further deterioration of peace, security and stability in northeast Syria.

Football Extras: Chelsea legend Drogba to visit India to meet fans

Football Extras: Chelsea legend Drogba to visit India to meet fans

Rediff.com9 Nov 2018

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

Soccer: Atletico's Costa faces jail term for tax fraud

Soccer: Atletico's Costa faces jail term for tax fraud

Rediff.com29 May 2020

Spanish prosecutors have won a series of cases against high profile footballers and coaches for tax fraud in recent years, including Lionel Messi, Cristiano Ronaldo and Jose Mourinho.

MP: 2 Dalit kids lynched for defecating in public

MP: 2 Dalit kids lynched for defecating in public

Rediff.com25 Sep 2019

The two children, Roshani (12) and Avinash (10), suffered serious injuries in the incident.

Peter claims he 'tried to find murdered Sheena through call data records'

Peter claims he 'tried to find murdered Sheena through call data records'

Rediff.com23 Nov 2015

Peter Mukerjea and his wife Indrani, arrested in Sheena Bora murder case, had approached a senior Mumbai Police officer in 2012 seeking help to trace the call location of Sheena.

Amway India chairman, 2 directors arrested

Amway India chairman, 2 directors arrested

Rediff.com27 May 2013

The arrests were made on a complaint of a woman who claimed to have incurred loss through the network.

Blackmoney: Sebi busts Rs 6000-crore 'tax evasion shops' in stock market

Blackmoney: Sebi busts Rs 6000-crore 'tax evasion shops' in stock market

Rediff.com22 Jul 2015

More than 900 entities have been banned from the capital markets by Sebi

India lost a whooping $462 bn in illicit money flows

India lost a whooping $462 bn in illicit money flows

Rediff.com19 Nov 2010

These illicit financial flows were generally the product of: tax evasion, corruption, bribery and kickbacks, and criminal activities.

How Spyware was installed on phones through WhatsApp calls

How Spyware was installed on phones through WhatsApp calls

Rediff.com15 May 2019

The spyware gained access to a person's phone even if the attacker's WhatsApp call wasn't answered. The calls also often disappeared from call logs, and affected Android, iPhone and Tizen-based phones.

Why she is fighting for 15 mn freelancers

Why she is fighting for 15 mn freelancers

Rediff.com26 May 2020

'The lockdown has been a great excuse to delay payments.'

'Anyone who speaks against Trinamool is an enemy'

'Anyone who speaks against Trinamool is an enemy'

Rediff.com19 Jul 2017

'Even Mamtadi would react to the rising statistics of crimes against women and rape with the same horror as I did if she stops being a politician protecting her position and looks at the problem as a woman.'

Banks, exchanges come under cyber attacks

Banks, exchanges come under cyber attacks

Rediff.com20 Oct 2016

Axis Bank recently informed the Reserve Bank of India that it had experienced a cyber attack, while the State Bank of India said it was re-issuing over 600,000 debit cards because of a potential security breach.

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.

Court finds no 'reasonable grounds' to not link Rhea to drug case

Court finds no 'reasonable grounds' to not link Rhea to drug case

Rediff.com15 Sep 2020

'The investigation is at preliminary stage, therefore, from the available record, it can not be said that there are no reasonable grounds to connect the accused (Rhea) (to the case),' the court observed. The court also said there is possibility of the accused tampering with evidence if released on bail.

Is India's insolvency law really solvent?

Is India's insolvency law really solvent?

Rediff.com31 Jan 2019

Woefully inadequate infrastructure is just one of the many reasons why a case is not settled within 180 days and even 270 days as envisaged by the law, says Tamal Bandyopadhyay.

This is how white collar criminals get away in India

This is how white collar criminals get away in India

Rediff.com27 Jun 2013

In its recent report, the Financial Action Task Force has stated that 1,704 cases of money laundering are currently under probe in India. But the conviction rate in cases of money laundering, which are being probed by the task force, is a shocking three per cent.

Why FIFA boss Blatter has become the focus of a criminal investigation

Why FIFA boss Blatter has become the focus of a criminal investigation

Rediff.com28 Sep 2015

A Swiss national who has run soccer's powerful governing body for the past 17 years, 79-year-old FIFA boss Sepp Blatter has now for the first time become the focus of a criminal investigation.