News for 'financial dispute'

CBI begins probe into graft complaints against Red Cross's 5 branches

CBI begins probe into graft complaints against Red Cross's 5 branches

Rediff.com14 Mar 2023

According to officials, the Union health ministry had received complaints about alleged corruption at the regional branches of the Red Cross Society in Tamil Nadu, Kerala, Assam, Karnataka and the Andaman and Nicobar Islands.

Sheena Bora case: Indrani Mukerjea gets bail 6 yrs after arrest

Sheena Bora case: Indrani Mukerjea gets bail 6 yrs after arrest

Rediff.com19 May 2022

While the trial of the Sheena Bora murder case is far from over, the story has seen some bizarre turns and twists so far.

Maharashtra reported maximum IPC crimes, Mumbai saw 174 offences a day in 2021

Maharashtra reported maximum IPC crimes, Mumbai saw 174 offences a day in 2021

Rediff.com30 Aug 2022

Maharashtra recorded the highest number of cases in the country under the Indian Penal Code (IPC) in 2021 at 3,67,218, while Mumbai was placed second among major metropolitan cities in registration of criminal offences, according to a National Crime Records Bureau (NCRB) report.

'If anything goes wrong with Byju's...'

'If anything goes wrong with Byju's...'

Rediff.com22 Jun 2023

'India's edtech and start-up story will be in danger.'

Bangladesh keen to revise Adani Power deal; cites high coal price

Bangladesh keen to revise Adani Power deal; cites high coal price

Rediff.com2 Feb 2023

Bangladesh has sought revision of a 2017 power purchase agreement with Adani Power Ltd as the price for the coal-generated electricity appeared too expensive, officials said in Dhaka on Thursday. "We have communicated with the Indian company seeking revision of the agreement," an official of the state-run Bangladesh Power Development Board (BPDC) told PTI on the condition of anonymity and without elaborating on the matter. Media reports suggested that the "high coal price" to be purchased for the Adani plant at India's Jharkhand emerged as the key factor for the dispute.

Did RBI Know About Demonetization?

Did RBI Know About Demonetization?

Rediff.com1 Jun 2023

The RBI was not party to the decision to demonetize 500 and 1,000-rupee notes, which was taken at the highest level of India's political leadership.

For the foreseeable future, diesel is likely to drive India's economy

For the foreseeable future, diesel is likely to drive India's economy

Rediff.com19 May 2023

India's climate change goals are turning combustible. On the one hand, a protracted dispute between the government and manufacturers over subsidies threatens to slow the pace of electric vehicle (EV) sales. On the other hand, repeated assertions by different arms of the government over banning sales of new fossil fuel-fired vehicles have queered the pitch for energy investments. Before we address the issue of the recommended diesel vehicle ban in the recent report on energy transition, issued months before the next round of global climate talks begin in Dubai in November, let's look at what's at stake.

I-T Goes After Rs 7.7 Trillion Tax Arrears

I-T Goes After Rs 7.7 Trillion Tax Arrears

Rediff.com5 Jan 2023

Senior tax officials were told to focus on cash collection from the arrears so that the target for FY23 was achieved and the overall revenue position improved.

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.

China against India's plan to hold G20 meeting in J-K

China against India's plan to hold G20 meeting in J-K

Rediff.com30 Jun 2022

China on Thursday voiced its opposition to India's reported plans to hold the next year's meeting of G-20 leaders in Jammu and Kashmir.

China Knows India Has Stolen A March

China Knows India Has Stolen A March

Rediff.com1 Nov 2023

China has signalled that it will prevent India from assuming leadership of the Global South, observes Ambassador T P Sreenivasan.

How To Handle Money Issues After Layoffs

How To Handle Money Issues After Layoffs

Rediff.com7 Jun 2023

Begin by creating a household budget. Involve all family members in the exercise and cut costs wherever possible.

Peter Mukerjea ready to divorce Indrani, says lawyer

Peter Mukerjea ready to divorce Indrani, says lawyer

Rediff.com18 Jun 2018

Stating that the marriage had "irretrievably broken down", Indrani had sent a divorce notice to Peter Mukerjea in April this year.

Major General S C N Jatar: An Unsung Hero

Major General S C N Jatar: An Unsung Hero

Rediff.com25 Oct 2023

Major General S C N Jatar, who passed into the ages on Monday night, thwarted anti-national forces at the peak of the Assam agitation. Colonel Anil A Athale (retd) salutes this officer and gentleman.

Local BJP leader killed in MP; party cries foul

Local BJP leader killed in MP; party cries foul

Rediff.com20 Jan 2019

The death of Manoj Thakre, 48, came to light three days after another BJP leader was shot dead in Mandsaur, prompting the party to claim that its leaders were being targeted.

Onus for peace is on Pakistan, Modi tells Japanese publication

Onus for peace is on Pakistan, Modi tells Japanese publication

Rediff.com19 May 2023

On Pakistan, the publication quoted him as saying that India wants "normal and neighborly relations."

Engaged with Indian govt on tax dispute: Cairn

Engaged with Indian govt on tax dispute: Cairn

Rediff.com10 Mar 2015

The company faces a potential tax demand.

How RBI plans to check banking fraud

How RBI plans to check banking fraud

Rediff.com29 Aug 2022

As part of its efforts to strengthen customer protection, Reserve Bank is considering setting up a fraud registry to create a database of fraudulent websites, phones and various modus operandi used for digital fraud. Such a database will help prevent these fraudsters from repeating the fraud as the websites or phone numbers would be blacklisted, RBI executive director Anil Kumar Sharma said on Monday. "There is no definite timeline for setting up of the fraud registry.

Court calls Raut's arrest illegal, witch-hunt, asks why Wadhawans were spared

Court calls Raut's arrest illegal, witch-hunt, asks why Wadhawans were spared

Rediff.com9 Nov 2022

The arrest of Shiv Sena MP Sanjay Raut in a money laundering case by the Enforcement Directorate (ED) was "illegal" and a "witch-hunt", a special court in Mumbai said on Wednesday while granting him bail in the Patra Chawl redevelopment matter.

Margins remain a pain point for organised FMCG supply-chain companies

Margins remain a pain point for organised FMCG supply-chain companies

Rediff.com16 Jun 2023

Jiomart B2B is the latest among organised supply-chain companies to bite the bullet, shutting down its warehouses, and asking its employees to leave. Why are companies finding it difficult to sustain the supply-chain business? Experts point out that gross margins in supplying fast-moving consumer goods (FMCGs) are very low.

Alert! Cheque Bounce May Land You In Jail

Alert! Cheque Bounce May Land You In Jail

Rediff.com18 May 2023

Keep sufficient funds in your bank account until the cheque is cleared.

Rate cut dilemma: Banks dispute RBI's rationale

Rate cut dilemma: Banks dispute RBI's rationale

Rediff.com21 Apr 2015

Banks seems to be upset over RBI's move over rate cut.

'The impact of El Nino is always a matter of concern'

'The impact of El Nino is always a matter of concern'

Rediff.com6 Jun 2023

'If because of El Nino, the monsoon is affected adversely in the current year, naturally it will affect income projections and consequently Budget numbers.'

K'taka BJP MLA booked for trader's suicide, Bommai says action as per law

K'taka BJP MLA booked for trader's suicide, Bommai says action as per law

Rediff.com2 Jan 2023

Pradeep (47) was found dead in his car at Nettigere near Bengaluru on Sunday evening, they said, adding that he had allegedly shot himself in the head.

HC quashes TN order, directs govt to hand over Ayodhya Mandapam to trust

HC quashes TN order, directs govt to hand over Ayodhya Mandapam to trust

Rediff.com27 Apr 2022

The first bench of the Madras high court on Wednesday set aside an order of the Tamil Nadu HR&CE department, which appointed a 'fit' person (thakkar) to administer the Ayodhya Mandapam run by Sri Ram Samaj in West Mambalam in Chennai.

Sahara is by no means financially weak and Force India will race on: Mallya

Sahara is by no means financially weak and Force India will race on: Mallya

Rediff.com10 Nov 2014

Force India co-owner Vijay Mallya has rejected speculation about his Formula One team's finances, saying they will be racing for years to come.

Jaishankar to move bill on weapons of mass destruction in RS on Monday

Jaishankar to move bill on weapons of mass destruction in RS on Monday

Rediff.com16 Jul 2022

External Affairs Minister S Jaishankar will move the Weapons of Mass Destruction Bill in Rajya Sabha, as per the house's list of business.

'We are closing loopholes exploited by highest level of taxpayers'

'We are closing loopholes exploited by highest level of taxpayers'

Rediff.com3 Feb 2023

'...Market-linked debentures, high-value insurance, exemptions from capital gains by investment in real estate, etc.' 'So, there are a number of measures directed at collecting a fair share from higher income individuals.'

UK faith review warns of aggressive Khalistan extremism

UK faith review warns of aggressive Khalistan extremism

Rediff.com26 Apr 2023

In a section entitled 'Sikh Extremism' the review goes into detail of how members of the British Sikh community expressed their growing concern over a small but extremely vocal group "hijacking" the Sikh faith to push a subversive pro-Khalistan narrative.

BCCI says happy to mediate in Windies pay dispute after series

BCCI says happy to mediate in Windies pay dispute after series

Rediff.com9 Oct 2014

The Board of Control for Cricket in India made it clear on Thursday that there is absolutely "no threat" to the ongoing home series against West Indies despite an acrimonious pay dispute between the visiting cricketers and its parent body which is yet to be resolved.

Was 'incest', besides money the reason for Sheena's murder?

Was 'incest', besides money the reason for Sheena's murder?

Rediff.com21 Nov 2015

In the charge sheet, the agency said that prime accused in the high profile murder case, Indrani Mukerjea, was not happy with the love affair of Rahul and Sheena.

GACs to have wider scope, will hear all types of grievance appeals

GACs to have wider scope, will hear all types of grievance appeals

Rediff.com9 Jan 2023

MeitY had stated there was a need to set up GACs as grievance officers hired by the platforms often did not address issues satisfactorily.

Singapore startup Zilingo sacks CEO Ankiti Bose after forensic audit

Singapore startup Zilingo sacks CEO Ankiti Bose after forensic audit

Rediff.com20 May 2022

Singapore-based fashion technology startup Zilingo on Friday said it has sacked Indian-origin co-founder and CEO Ankiti Bose following an independent forensic audit into complaints of serious financial irregularities. On March 31, Bose was placed under suspension following complaints of alleged discrepancies in the company accounts. "Following an investigation led by an independent forensics firm that was commissioned to look into complaints of serious financial irregularities, the company has decided to terminate Ankiti Bose's employment with cause, and reserves the right to pursue appropriate legal action," Zilingo said in a statement.

Trump's top economic advisor resigns after trade dispute

Trump's top economic advisor resigns after trade dispute

Rediff.com7 Mar 2018

Cohn served as Trump's chief economic advisor since the beginning of the Administration. During his stay at the White House, he led coordination of Trump's pro-growth domestic and global economic policy agenda, including the passage of historic tax cuts and reforms in December 2017, the official said.

Bad loan recovery process can get worse

Bad loan recovery process can get worse

Rediff.com22 Sep 2022

Since the bankcuptcy law came into effect from December 2016, with every quarter, the recovery rate has progressively been going down, notes Tamal Bandyopadhyay.

From electronics to semiconductor, MNCs in search of policy stability

From electronics to semiconductor, MNCs in search of policy stability

Rediff.com29 May 2023

Their favourite alternatives: Malaysia, Vietnam and the Philippines. Note, India is missing from that list. And this is despite an attractive financial incentive scheme for OSAT players. The reason, said a senior executive of a US chip company who had a meeting in Taiwan just a few weeks ago, is that "they want more predictability in government policy because they plan to put in big money."

SpiceJet's saviour Ajay Singh: 40 firms, a dispute and some defaults

SpiceJet's saviour Ajay Singh: 40 firms, a dispute and some defaults

Rediff.com29 Dec 2014

SpiceJet's ex promoter Ajay Singh is trying hard to pump in huge money into the airline.

Govt rules out fresh PSB merger proposal

Govt rules out fresh PSB merger proposal

Rediff.com3 Aug 2021

Experts attribute the lower target to increased allocation under the credit guarantee scheme for small businesses. Out of the Rs 3.21 trillion worth loans sanctioned under the Pradhan Mantri Mudra Yojana (PMMY) in the last financial year, Rs 3.12 trillion were disbursed to entrepreneurs, according to official data.

Amazon takes out ads, calls Future store transfer to Reliance a fraud

Amazon takes out ads, calls Future store transfer to Reliance a fraud

Rediff.com15 Mar 2022

Days after billionaire Mukesh Ambani-led group took some of the stores of Future Group, whose lease had expired due to the non-payment of rent, Amazon.com Inc on Tuesday accused the two of 'fraud' and said such 'contumacious' transfer will be liable to legal action.

Why Caste Violence Is On The Rise In Tamil Nadu

Why Caste Violence Is On The Rise In Tamil Nadu

Rediff.com22 Aug 2023

Tamil Nadu is the celebrated home of the 'social justice' movement in the country, yet caste differences and violence has only been increasing in numbers and becoming more brutal in recent years, observes N Sathiya Moorthy.