News for 'financial discrepancies'

Probe Launched into Alleged Financial Discrepancies at Panchkula Municipal Corporation

Probe Launched into Alleged Financial Discrepancies at Panchkula Municipal Corporation

Rediff.com25 Mar 2026

An FIR has been filed regarding alleged discrepancies related to Fixed Deposit Receipts (FDRs) involving nearly Rs 150 crore of Panchkula Municipal Corporation with a Kotak Mahindra Bank branch, leading to a formal investigation.

'Many discrepancies': Student presents CBSE OSM findings before parl panel

'Many discrepancies': Student presents CBSE OSM findings before parl panel

Rediff.com2 Jun 2026

Sarthak Sidhant, a Class 12 student affected by the Central Board of Secondary Education's (CBSE) On-Screen Marking (OSM) system, appeared before the Parliamentary Standing Committee on Education, Women, Children, Youth and Sports on Tuesday to present his findings regarding the implementation of the system and alleged irregularities in the OSM tendering process.

Actor Vijay faces scrutiny over discrepancies in affidavits

Actor Vijay faces scrutiny over discrepancies in affidavits

Rediff.com3 Apr 2026

Discrepancies in actor Vijay's election affidavits regarding pending criminal cases and bank accounts have surfaced, potentially leading to legal and political challenges.

Bihar Government Officers Under Scrutiny for Alleged Asset Discrepancies

Bihar Government Officers Under Scrutiny for Alleged Asset Discrepancies

Rediff.com31 Mar 2026

Two senior Bihar government officers are under investigation after the Economic Offences Unit (EOU) discovered property documents, cash deposits, and valuable items allegedly disproportionate to their known income.

Panchkula Civic Body Detects Major Discrepancies in Fixed Deposits

Panchkula Civic Body Detects Major Discrepancies in Fixed Deposits

Rediff.com25 Mar 2026

The Panchkula Municipal Corporation has reported discrepancies in its Fixed Deposit Receipts (FDRs) with a private bank, amounting to approximately 150 crore. The matter has been reported to the State Vigilance for further investigation.

Top Tennis Players End Wimbledon Media Boycott After Talks

Top Tennis Players End Wimbledon Media Boycott After Talks

Rediff.com23 hours ago

Top tennis players have agreed to resume media duties at Wimbledon after constructive talks with organisers, despite core issues regarding prize money and player welfare remaining unresolved. Players had initially cut short pre-tournament media duties to protest for a larger share of Grand Slam revenue and greater say in decision-making.

4 Finance Careers That Really Pay Well

4 Finance Careers That Really Pay Well

Rediff.com28 May 2026

In the latest Rediff series exploring non-traditional careers, Sandeep Goel, professor and dean-research at MDI, Gurgaon lists a range of high-growth finance careers beyond CA, CS, and MBA degrees.

Vigilance Bureau Probes 150 Crore Discrepancies in Panchkula Municipal Funds

Vigilance Bureau Probes 150 Crore Discrepancies in Panchkula Municipal Funds

Rediff.com25 Mar 2026

Haryana's State Vigilance and Anti-Corruption Bureau has filed an FIR to investigate alleged discrepancies involving nearly 150 crore of Panchkula Municipal Corporation funds held in a Kotak Mahindra Bank branch.

TMC Accuses BJP's Rahul Sinha of Discrepancies in Rajya Sabha Nomination

TMC Accuses BJP's Rahul Sinha of Discrepancies in Rajya Sabha Nomination

Rediff.com7 Mar 2026

The TMC has written to the Election Commission alleging procedural irregularities in the scrutiny of nomination papers of BJP's Rajya Sabha candidate Rahul Sinha, claiming discrepancies in his election affidavit were overlooked.

Don't Blindly Trust Your Form 16

Don't Blindly Trust Your Form 16

Rediff.com19 Jun 2026

Salaried taxpayers should not use these forms blindly to file their income-tax returns.

Check AIS Before Filing Tax Returns

Check AIS Before Filing Tax Returns

Rediff.com9 Jun 2026

'AIS helps taxpayers check whether all income streams and reportable transactions -- such as interest from old bank accounts, small dividend receipts or transactions across multiple brokers -- have been properly disclosed.' 'Mismatches between these transactions and declared income may trigger automated notices or scrutiny.'

Haryana Orders Probe into Panchkula Municipal Corporation's Missing Funds

Haryana Orders Probe into Panchkula Municipal Corporation's Missing Funds

Rediff.com25 Mar 2026

An FIR has been filed regarding alleged discrepancies in Panchkula Municipal Corporation's fixed deposit receipts (FDRs) of nearly Rs 150 crore held at a Kotak Mahindra Bank branch, leading to a state-level investigation.

No lapses will be tolerated: Pradhan reviews CBSE evaluation system

No lapses will be tolerated: Pradhan reviews CBSE evaluation system

Rediff.com28 May 2026

Union Education Minister Dharmendra Pradhan has directed officials to address issues faced by students regarding the CBSE examination system, following allegations of irregularities. The government has committed to transparency and accountability, assuring that all genuine concerns will be addressed effectively.

9 Major Charges In Sebi's Rajesh Exports Order

9 Major Charges In Sebi's Rajesh Exports Order

Rediff.com4 Jun 2026

The company said Valcambi was the engine driving the group's business, but Valcambi's audited accounts showed revenues that were only a fraction of what the group reported. That raised a major red flag.

SFIO questions IndusInd execs on accounting discrepancies

SFIO questions IndusInd execs on accounting discrepancies

Rediff.com20 Dec 2025

Private-sector lender IndusInd Bank had said the Serious Fraud Investigation Office (SFIO) interacted with its officials this week and would send a written communication seeking specific details related to the accounting discrepancies identified at the bank.

CAB power struggle: Ganguly camp fires back as Dalmiya raises corruption concerns

CAB power struggle: Ganguly camp fires back as Dalmiya raises corruption concerns

Rediff.com17 Jun 2026

The simmering tension between former Cricket Association of Bengal (CAB) president Avishek Dalmiya and the current Sourav Ganguly-led establishment came out into the open on Wednesday, with the state cricket body's top brass issuing a strongly-worded rebuttal to allegations of corruption and governance failures barely three months before its annual general meeting.

Haryana Government Approves CBI Probe Into Bank Fraud Case

Haryana Government Approves CBI Probe Into Bank Fraud Case

Rediff.com16 May 2026

The Haryana government has authorised the CBI to investigate the alleged involvement of five IAS officers in a Rs 590-crore fraud case involving IDFC First Bank. The CBI can now summon the officers for questioning.

Haryana Government Approves CBI Probe Into Bank Fraud Case

Haryana Government Approves CBI Probe Into Bank Fraud Case

Rediff.com15 May 2026

The Haryana government has authorised the CBI to investigate the alleged involvement of five IAS officers in a Rs 590-crore fraud case involving IDFC First Bank. The CBI can now summon the officers for questioning.

Why Rahul Gandhi Wants A Probe Into CBSE Exam Contract

Why Rahul Gandhi Wants A Probe Into CBSE Exam Contract

Rediff.com27 May 2026

Congress leader Rahul Gandhi has called for an independent judicial probe and a Special Investigation Team (SIT) to investigate alleged irregularities in the CBSE's On-Screen Marking (OSM) system, claiming a company with a questionable past was awarded the contract.

Haryana Sacks Official Over Rs 590 Crore Bank Fraud

Haryana Sacks Official Over Rs 590 Crore Bank Fraud

Rediff.com25 Apr 2026

The Haryana government has dismissed an official from the Development and Panchayat Department in connection with a Rs 590 crore fraud case involving IDFC First Bank. The decision follows a detailed investigation that revealed a criminal conspiracy and substantial evidence against the official.

Investment Disclosure Tightens Tax Scrutiny

Investment Disclosure Tightens Tax Scrutiny

Rediff.com7 May 2026

From the financial year 2025-2026, the government has introduced a new column in the tax return form for presumptive taxpayers, requiring them to disclose their year-end investments. This requirement was not present last year.

Fexo's AI Engine Aims to Streamline Business Loan Decisions for Banks

Fexo's AI Engine Aims to Streamline Business Loan Decisions for Banks

Rediff.com12 Mar 2026

Fexo, an AI intelligence platform focused on the BFSI sector, has launched its AI decisioning engine for business loans, designed to help financial institutions accelerate AI adoption and improve decision-making processes.

IBC-tax law mismatch clouds loss carry-forward benefits

IBC-tax law mismatch clouds loss carry-forward benefits

Rediff.com2 May 2026

A growing conflict between India's insolvency law and tax rules is creating fresh uncertainty for companies undergoing resolution, with tax authorities increasingly denying the benefit of carrying forward past losses even after resolution plans have been approved by the National Company Law Tribunal (NCLT).

Jai Ram Thakur Accuses Himachal Pradesh Government of Corruption, Illegal Tree Felling

Jai Ram Thakur Accuses Himachal Pradesh Government of Corruption, Illegal Tree Felling

Rediff.com9 Mar 2026

Leader of Opposition Jai Ram Thakur accuses the Congress government in Himachal Pradesh of corruption and political patronage, citing illegal tree felling and financial irregularities.

TVK chief Vijay updates poll affidavit, declares pending FIRs

TVK chief Vijay updates poll affidavit, declares pending FIRs

Rediff.com5 Apr 2026

TVK chief Vijay, a candidate in the Tamil Nadu Assembly elections, has filed a revised election affidavit disclosing two pending FIRs, addressing discrepancies in his initial filing.

NCW Addresses Obscene Video Circulation In Amravati

NCW Addresses Obscene Video Circulation In Amravati

Rediff.com18 Apr 2026

The National Commission for Women (NCW) has voiced its concern over the circulation of obscene videos of young girls in Amravati, Maharashtra, and has directed authorities to remove the content from online platforms. The NCW is closely monitoring the case and has asked for regular progress reports.

Three C Shelters Directors To Be Charged In Housing Project Case

Three C Shelters Directors To Be Charged In Housing Project Case

Rediff.com24 Apr 2026

A Delhi court has ordered the framing of charges against directors of Three C Shelters Pvt Ltd in connection with the stalled Greenopolis housing project in Gurugram, citing a prima facie case of cheating, forgery, and criminal conspiracy for allegedly misleading homebuyers.

Why RBI's forex cap direction has not worked

Why RBI's forex cap direction has not worked

Rediff.com7 Apr 2026

The Reserve Bank of India's (RBI) cap on banks' forex positions provided only a temporary boost to the rupee, with the currency quickly reversing gains and breaching the 95-per-dollar mark due to persistent underlying pressures.

Sebi's softer touch cuts IPO rejections to just 2 in FY26

Sebi's softer touch cuts IPO rejections to just 2 in FY26

Rediff.com21 Apr 2026

The Securities and Exchange Board of India (Sebi) has significantly reduced the number of draft offer documents returned or rejected, dropping from 17 in FY25 to just two in FY26, thanks to a more facilitative and engagement-first regulatory approach.

Haryana Orders CBI Investigation into Rs 590 Crore IDFC Bank Scam

Haryana Orders CBI Investigation into Rs 590 Crore IDFC Bank Scam

Rediff.com10 Apr 2026

Haryana Chief Minister Nayab Singh Saini announced a CBI investigation into the Rs 590-crore IDFC First Bank fraud case, emphasising the government's zero-tolerance approach to wrongdoing. The State Vigilance and Anti-Corruption Bureau had previously investigated the case, arresting several individuals, including ex-IDFC First Bank employees. The alleged fraud involved the diversion of Haryana government funds intended for fixed deposits.

Chandigarh Police Probe 116 Crore Fraudulent Fixed Deposits

Chandigarh Police Probe 116 Crore Fraudulent Fixed Deposits

Rediff.com10 Mar 2026

Chandigarh Police have launched an investigation into a fraud involving fake fixed deposit receipts (FDRs) worth 116.84 crore, allegedly issued by a private bank manager, impacting the Chandigarh municipal corporation's funds.

Eight Maharashtra Teachers Suspended Over False Hearing Impairment Claims

Eight Maharashtra Teachers Suspended Over False Hearing Impairment Claims

Rediff.com31 Mar 2026

Eight teachers in Maharashtra's Beed district have been suspended for allegedly using false hearing impairment claims to obtain government benefits. An inquiry revealed discrepancies in their disability certificates, leading to departmental action.

Why Insurance Claims Get Rejected

Why Insurance Claims Get Rejected

Rediff.com15 Apr 2026

'Many policyholders do not understand that non-medical expenses, cosmetic treatments, and certain other procedures are not covered by health insurance policies.'

How Did a 590 Crore Fraud Go Undetected At IDFC First Bank?

How Did a 590 Crore Fraud Go Undetected At IDFC First Bank?

Rediff.com23 Feb 2026

The quantum of fraud detected by the bank is more than the 503 crore net profit it reported for the October-December quarter of 2025-2026.

Private Banks Face CEO Talent Crunch

Private Banks Face CEO Talent Crunch

Rediff.com30 Mar 2026

What is the reason behind this drying up of talent for the top post in private banks?

IndusInd Bank appoints firm to probe accounting discrepancies

IndusInd Bank appoints firm to probe accounting discrepancies

Rediff.com21 Mar 2025

IndusInd Bank has appointed a professional firm to conduct investigation for identifying the root cause of accounting discrepancies relating to its derivatives portfolio. As per an estimate, Rs 2,100 crore discrepancy in accounting may impact 2.35 per cent of the Bank's net worth.

Opposition Accuses Government of Lacking Energy Security Policy Amidst Rising LPG Prices

Opposition Accuses Government of Lacking Energy Security Policy Amidst Rising LPG Prices

Rediff.com17 Mar 2026

Opposition MPs in the Rajya Sabha criticised the Modi government's economic policies, citing the LPG crisis, lack of energy security, and concerns over the Economic Stabilisation Fund.

Haryana Arrests Employee in Rs 590 Crore IDFC Bank Fraud

Haryana Arrests Employee in Rs 590 Crore IDFC Bank Fraud

Rediff.com28 Feb 2026

A Haryana government employee has been arrested in connection with the Rs 590 crore IDFC First Bank fraud case, which involved state government accounts and led to the recovery of nearly Rs 556 crore within 24 hours.

You Are Going Through A Quarter Life Crisis If...

You Are Going Through A Quarter Life Crisis If...

Rediff.com6 Mar 2026

Quarter life crises refer to periods when young people experience significant self-doubt, confusion or anxiety about their professional careers, says Shruti Swaroop.

Four Men Get Life for 2017 Delhi Murder: Justice Served

Four Men Get Life for 2017 Delhi Murder: Justice Served

Rediff.com13 Mar 2026

A Delhi court sentenced four men to life imprisonment for the 2017 murder of a 17-year-old boy in Kirti Nagar, West Delhi, finding they acted with common intention.