News for 'financial crime'

What Cairn, Vodafone, Devas reveal about the Indian State

What Cairn, Vodafone, Devas reveal about the Indian State

Rediff.com23 Jul 2021

The Indian State's arbitrariness may have come to be accepted with resignation within the country, but when it behaves in the same manner with external players, it gets a push-back, observes T N Ninan.

Coerced to make self-incriminating confessions: Rhea

Coerced to make self-incriminating confessions: Rhea

Rediff.com10 Sep 2020

In the plea filed in a sessions court on Wednesday, Rhea also claimed that she has not committed any crime whatsoever and has been falsely implicated in the case.

Vadodara student stabbing: Teen killed junior to take revenge on school

Vadodara student stabbing: Teen killed junior to take revenge on school

Rediff.com24 Jun 2018

A police official said the accused revealed during questioning that he committed the crime because he wanted to "defame" the school after being scolded by teachers three days before the incident for passing off someone else's homework as his own.

News of Singh bros siphoning money sparks SFIO probe on Fortis, Religare

News of Singh bros siphoning money sparks SFIO probe on Fortis, Religare

Rediff.com19 Feb 2018

Fortis Healthcare has also come under the lens of Sebi, which launched an investigation into alleged regulatory lapses

Goyal runs finance ministry, but Jaitley's watching

Goyal runs finance ministry, but Jaitley's watching

Rediff.com26 Jun 2018

While Arun Jaitley remains part of the decision making process, Piyush Goyal, who was given additional charge on May 14, attends cabinet meetings and takes the day-to-day decisions.

China's parliament approves controversial Hong Kong security bill

China's parliament approves controversial Hong Kong security bill

Rediff.com28 May 2020

The new law permits for the first time Chinese security agencies to open their establishments and operate in Hong Kong.

Templeton's investment in Rana Kapoor's YES Capital under ED lens

Templeton's investment in Rana Kapoor's YES Capital under ED lens

Rediff.com3 Jun 2020

Schemes among the six wound up by the fund house had given a loan of Rs 518 crore against non-convertible debentures to the firm in March 2019, according to ED's chargesheet.

Assam Phase-1: 16% candidates face criminal cases

Assam Phase-1: 16% candidates face criminal cases

Rediff.com17 Mar 2021

Sixteen per cent of the candidates contesting in the first phase of Assam assembly elections have declared criminal cases against themselves, according to a report by poll rights group Association for Democratic Reforms (ADR).

Terror funding: India freezes assets of 37 entities, blocks Rs 2.12 crore

Terror funding: India freezes assets of 37 entities, blocks Rs 2.12 crore

Rediff.com19 Nov 2015

In related findings for India, the FATF in a report brought out last month, chronicled the use of banking channels to fund the activities of the banned terror group Hizb-ul-Mujahideen.

Audit report says Cox & Kings siphoned off Rs 4387 cr from business sale

Audit report says Cox & Kings siphoned off Rs 4387 cr from business sale

Rediff.com26 Apr 2020

The 'mystery' of the education business sale by Cox & Kings is part of an Enforcement Directorate investigation, which is also examining the siphoning-off of funds to the tune of Rs 21,000 crore to dozens of so-called related-parties, highlighted by the forensic auditor.

Football Extras: Former England and Chelsea midfielder Joe Cole retires

Football Extras: Former England and Chelsea midfielder Joe Cole retires

Rediff.com13 Nov 2018

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

SIT to probe fake vaccination in Kolkata, TMC denies link

SIT to probe fake vaccination in Kolkata, TMC denies link

Rediff.com26 Jun 2021

The raging controversy over the fake COVID-19 vaccination camps in parts of Kolkata snowballed into a political storm ensnaring into it several TMC leaders, prompting the opposition BJP to demand a CBI probe into a 'larger conspiracy' in the case.

Aryan Khan procured, distributed drugs: NCB to court

Aryan Khan procured, distributed drugs: NCB to court

Rediff.com14 Oct 2021

Senior counsel Amit Desai, appearing for Aryan Khan, termed the NCB's contention as 'inherently absurd' and argued that when there was no recovery of drugs from him, then he should not be penalised at the stage of granting bail.

Indian boxers to adopt higher weight category

Indian boxers to adopt higher weight category

Rediff.com7 Mar 2019

The change means that Panghal, an Asian Games gold-medallist in 49kg, will now have to move to 52kg, while Thapa and Kaushik will have to forego the 60kg division and move up to the newly-created 63kg. Thapa is a three-time Asian Championships medallist and a world bronze-medallist, while Kaushik won a silver medal at the Commonwealth Games last year.

Why India's ATMs are vulnerable to cyber attack

Why India's ATMs are vulnerable to cyber attack

Rediff.com13 Dec 2016

'The absence of cyber security framework for ATMs is like a dream come true for hackers.'

Ex-Pakistan batsman Jamshed jailed in UK over fixing

Ex-Pakistan batsman Jamshed jailed in UK over fixing

Rediff.com8 Feb 2020

Former Pakistan batsman Nasir Jamshed has been sentenced to 17 months in prison for his role in a fixing scandal, Britain's National Crime Agency (NCA) said. The former Test opener was banned for 10 years by an anti-corruption tribunal in 2018 for his part in the spot-fixing scandal that engulfed the Pakistan Super League (PSL) in 2017.

'The people of UP are really angry with Yogi'

'The people of UP are really angry with Yogi'

Rediff.com14 Jul 2020

'When Yogi took over, in the first few months he went after the criminals.' 'Everybody thought he will do it, cutting across party, caste divisions.' 'Gradually, the situation started slipping out of his hand.'

Aus bans arrivals from India; offenders to face 5-yr jail term, fines

Aus bans arrivals from India; offenders to face 5-yr jail term, fines

Rediff.com1 May 2021

The temporary ban begins on Monday and applies to any travellers who have visited India within 14 days of their intended arrival date in Australia.

'Somebody in Mumbai police helping Rhea'

'Somebody in Mumbai police helping Rhea'

Rediff.com30 Jul 2020

Rhea wants a stay on the Bihar police probe.

More skeletons stumble out of Il&FS closet

More skeletons stumble out of Il&FS closet

Rediff.com7 Jun 2019

What ex-IL&FS top brass got for loans? Foreign trips, private jets and chopper rides.

Peter Mukerjea released from Mumbai jail

Peter Mukerjea released from Mumbai jail

Rediff.com20 Mar 2020

The release came after the six-week stay on the Bombay high court order granting the former media baron bail in the murder case ended on Thursday with the Central Bureau of Investigation not moving an appeal before the Supreme Court.

Sri Lanka Cricket official arrested; Ranatunga seeks India's help

Sri Lanka Cricket official arrested; Ranatunga seeks India's help

Rediff.com22 Oct 2018

Sri Lanka Cricket, currently fighting the menace of deep-rooted corruption, was dealt a blow after its Chief Financial Officer was arrested for alleged financial fraud, police said on Monday.

Rhea Chakraborty files bail plea, to be heard on Thursday

Rhea Chakraborty files bail plea, to be heard on Thursday

Rediff.com9 Sep 2020

This is her second attempt to seek release after a magistrate court on Tuesday refused to grant her bail. In the fresh plea, filed by her lawyer Satish Maneshinde, the 28-year-old actress claimed to be 'innocent'.

31% candidates in phase 3 have criminal cases: ADR

31% candidates in phase 3 have criminal cases: ADR

Rediff.com2 Nov 2020

According to the report, 32 (73 per cent) out of 44 candidates analysed from the Rashtriya Janata Dal have declared criminal cases against themselves and 22 (50 per cent) of them have declared serious criminal cases against themselves in their affidavits.

Indian-origin realty broker fined 1 million pounds in UK

Indian-origin realty broker fined 1 million pounds in UK

Rediff.com19 Jun 2013

Birmingham-based Gurpreet Singh Chadda, who was doing business of sale and rent-back of homes through Red2Black Homes and B&L Homes, has also been banned from working in the British financial services industry, besides a fine of 945,277 pounds (nearly Rs nine crore), the FCA said.

DDCA defamation suit liable to be rejected: Kejriwal to HC

DDCA defamation suit liable to be rejected: Kejriwal to HC

Rediff.com8 May 2018

The Aam Aadmi Party (AAP) convenor has sought rejection of the suit by Delhi and District Cricket Association (DDCA), claiming it is not maintainable as the alleged defamatory statement "does not contain any imputation concerning any persons whose identity can be established".

NSA to be invoked in 17-yr-old's rape-murder in UP

NSA to be invoked in 17-yr-old's rape-murder in UP

Rediff.com28 Aug 2020

Meanwhile, the National Human Rights Commission (NHRC) on Thursday sent a notice to the Uttar Pradesh government and the state's police chief over the incident.

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.

Greed leads 11,592 cybercrime cases in 2015

Greed leads 11,592 cybercrime cases in 2015

Rediff.com13 Dec 2016

8,121 people were arrested in 2015 for cybercrimes, a 41% increase from 2014.

Why gangsters like Vikas Dubey become formidable

Why gangsters like Vikas Dubey become formidable

Rediff.com17 Jul 2020

'Not unlike politicians who gravitate towards whoever is in power, mafia dons too have a great survival streak, switching loyalty to the party in power,' observes Virendra Kapoor a week after gangster Vikas Dubey was slain in an alleged encounter.

Trump's ex-NSA Flynn charged with making false statements to FBI

Trump's ex-NSA Flynn charged with making false statements to FBI

Rediff.com2 Dec 2017

Flynn appeared before a federal court on Friday morning to plead guilty after ex-FBI director Robert Mueller, who is investigating allegations of Russian interference in the presidential election as a special counsel, announced that Flynn was charged with "wilfully and knowingly" making "false, fictitious and fraudulent statements" to the Federal Bureau of Investigation about his conversations with Russia's then ambassador to the US Sergey Kislyak.

Few scandalous biz tycoons who made it big, ran it and got screwed

Few scandalous biz tycoons who made it big, ran it and got screwed

Rediff.com17 Dec 2015

Indian business, on quite a different trajectory from its global counterpart, remains relatively insulated from any kind of backlash.

LOVE GURU: 'We belong to different religions'

LOVE GURU: 'We belong to different religions'

Rediff.com30 May 2022

Relationship problems? Let Love Guru help.

Who is Sameer Wankhede, really?

Who is Sameer Wankhede, really?

Rediff.com18 Nov 2021

For some, he's a bully and probable 'blackmailer' who targeted the rich and famous, especially in Bollywood, for fame, and allegedly, ransom. For others, he's finally the one brave narc who decided to do his job, no matter how powerful his quarry, observes Shekhar Gupta.

ElectraCard hit by deals worth only $5 mn, says CEO

ElectraCard hit by deals worth only $5 mn, says CEO

Rediff.com14 May 2013

Crime was carried out by a syndicate and involved breaking into the computer systems of global financial institutions

Ex-Playboy model buys troubled Romanian club

Ex-Playboy model buys troubled Romanian club

Rediff.com4 Jun 2020

A former Playboy model has completed a takeover of debt-ridden top division club AFC Hermannstadt.

Bihar polls: 31% candidates face criminal cases

Bihar polls: 31% candidates face criminal cases

Rediff.com20 Oct 2020

Twenty-three per cent or 244 candidates have declared serious criminal cases against themselves, it said. Serious criminal cases are non-bailable offences with over five years of imprisonment.

How FM plans to tackle air pollution and save environment

How FM plans to tackle air pollution and save environment

Rediff.com1 Feb 2021

The Centre on Monday earmarked a separate Rs 2,217 crore for 42 urban centres to tackle air pollution and announced the much-awaited voluntary vehicle scrapping policy to phase out old and polluting vehicles, even as it shrunk the budgetary allocation for the environment ministry from the last fiscal by nearly eight percent. Union Finance Minister Nirmala Sitharaman, in her budget speech for 2021-22, announced a total of Rs 2869.93 crore for the ministry, Rs 230 crore less than the last fiscal. Officials said the outlay has been lesser this time as the economy is recovering from the COVID-19 pandemic.

Black money: Swiss govt says India cannot disclose names to SC

Black money: Swiss govt says India cannot disclose names to SC

Rediff.com30 Oct 2014

The Swiss Finance Ministry spokesperson further said the treaty states that "such persons or authorities shall use the information 'only' for such purposes.

Sports Shorts: Force India fear podium will be a one-off boost

Sports Shorts: Force India fear podium will be a one-off boost

Rediff.com30 Apr 2018

A summary of sports events and persons who made news on Monday.