News for 'financial dispute'

Rajnath Singh's dilemma

Rajnath Singh's dilemma

Rediff.com22 Jun 2019

The defence minister has to correct a major asymmetry. Will his discipline come in the way?

Smith bats for women's cricketers, reiterates stance on player revenue

Smith bats for women's cricketers, reiterates stance on player revenue

Rediff.com9 Jul 2017

Rohit makes his way back into Test squad for Sri Lanka series

How India Inc plan to curb insider trading

How India Inc plan to curb insider trading

Rediff.com29 Jun 2018

India has historically not had a strong compliance mechanism around insider trading. This is in stark contrast to developed countries.

Sheena murder: Indrani's counsel claim police using force to get a confession

Sheena murder: Indrani's counsel claim police using force to get a confession

Rediff.com1 Sep 2015

The Sheena Bora murder mystery has seen more twists than a television sitcom. As skeletons continue to tumble out, here are the latest developments in the case.

Full Text: President's joint address to both houses of Parliament

Full Text: President's joint address to both houses of Parliament

Rediff.com31 Jan 2022

Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.

Taxmen urged to boost collection 'without fear or favour'

Taxmen urged to boost collection 'without fear or favour'

Rediff.com28 Feb 2019

The apex body also wants to bring in systemic reforms, especially to redress grievances of the small taxpayers such as - increased automation of the processes, e-filing, centralised processing of the tax returns and other bulk operations.

When Mallya bought Lewis Hamilton's dad's home

When Mallya bought Lewis Hamilton's dad's home

Rediff.com19 Mar 2021

This property has all the hallmarks of being owned and occupied by Vijay Mallya. A fleet of supercars making their way down the drive, hordes of people descending to party all night long and a constant delivery of goods and services.

BJP concerned over dilution of RBI autonomy

BJP concerned over dilution of RBI autonomy

Rediff.com9 Aug 2010

The Bharatiya Janata Party on Monday said it is concerned over dilution of RBI's autonomy with the passage of a Bill that seeks to create a joint mechanism for resolution of disputes between different financial regulators.

What changed for India after Balakot airstrike?

What changed for India after Balakot airstrike?

Rediff.com5 Mar 2020

A realistic assessment will tell us that not much has changed between India and Pakistan; the relationship remains as fraught as before with little prospect of reconciliation, notes Ajai Shukla.

America's economic woes are far from over

America's economic woes are far from over

Rediff.com18 Oct 2013

After 16 increasingly frantic days that tried the faith of the financial markets in the United States' institutional soundness, the US Congress has finally agreed on a deal that would postpone a showdown on federal government spending and borrowing for a while.

The $30 bn Sale & Leaseback of India's Internet Economy

The $30 bn Sale & Leaseback of India's Internet Economy

Rediff.com23 Jul 2020

India's Internet economy has two choices: An immediate $30 billion Sale-and-Leaseback or a $3 trillion value harvesting over decades, observes Vibhu Arya.

India vs South Africa ODI series called off due to coronavirus

India vs South Africa ODI series called off due to coronavirus

Rediff.com13 Mar 2020

The two remaining India-South Africa ODIs in Lucknow and Kolkata were on Friday called off owing to the coronavirus pandemic after the visiting players "expressed unwillingness" to continue in view of the rising positive cases in the host country. The game in Lucknow was scheduled to be held on Sunday, while the Kolkata ODI was meant to be on March 18.

Should I say I don't smoke when buying a policy?

Should I say I don't smoke when buying a policy?

Rediff.com17 May 2019

'If you are a smoker, you should not provide misleading information to the insurer about your smoking habit in the insurance proposal form,' advises Pankaj Razdan.

Identity theft? Flag it immediately

Identity theft? Flag it immediately

Rediff.com17 Feb 2016

Consumer loans or personal continue to record the highest fraud incidence.

How Patanjali 'broke' laws to acquire land in Aravalli hills

How Patanjali 'broke' laws to acquire land in Aravalli hills

Rediff.com19 Jun 2019

The land acquisition, the consolidation process in Kot and a slew of other decisions by the Haryana government to open the hills to privatisation and commercial activity run contrary to court orders, environmentalists' demand, and at times the Union government's measures to protect the Aravalli hills, say Nitin Sethi & Kumar Sambhav Shrivastava.

'Google tax' may be deferred till September

'Google tax' may be deferred till September

Rediff.com14 May 2020

E-commerce giants such as Amazon, Netflix and Flipkart, whose headquarters are not in India, potentially have to pay the additional levy of 2 per cent from April 1.

Another family feud breaks open and this time in the Godrej family

Another family feud breaks open and this time in the Godrej family

Rediff.com28 Jun 2019

At the heart of the disagreement is a 1,000-acre land parcel, part of the 3,400 acres owned by the family in Vikhroli, a northeastern suburb of Mumbai.

Why Airtel has delayed announcing Q2 results

Why Airtel has delayed announcing Q2 results

Rediff.com29 Oct 2019

Airtel, Vodafone-Idea and other telecom operators may have to pay the government a whopping Rs 1.42 lakh crore following the Supreme Court order last week that sent shock waves through an industry already grappling with billions of dollars in debt and an intense tariff war to retain customers.

Wipro gets fresh tax demand of Rs 816 cr

Wipro gets fresh tax demand of Rs 816 cr

Rediff.com13 Jun 2013

The Bengaluru-headquartered company said the 'draft assessment order' from tax authorities for 2008-09 fiscal has arised primarily due to denial of deduction under section 10A of the Income Tax Act, 1961, in respect of profit earned by its undertaking in the Software Technology Park at Bengaluru.

RCom, Tata Tele get notice for understating revenues

RCom, Tata Tele get notice for understating revenues

Rediff.com13 Mar 2013

The government has sent show-cause notices to 5 telecom firms including Reliance Communications and Tata Teleservices for alleged understatement of revenues of over Rs 10,000 crore.

No stamp duty on redemption of MFs, only on switching: Sebi

No stamp duty on redemption of MFs, only on switching: Sebi

Rediff.com1 Jul 2020

Regarding the applicability of stamp duty on redemption of mutual fund (MF) units, Sebi said, "Redemption is not liable to duty as it is neither a transfer nor an issue nor a sale." However, switching in mutual fund would attract stamp duty. "The issue of fresh units in the switched scheme would attract stamp duty even though there is no physical consideration paid or transfer of ownership," Sebi said.

Fisticuffs in Fortis family as Singhs accuse each other of assault

Fisticuffs in Fortis family as Singhs accuse each other of assault

Rediff.com7 Dec 2018

The relationship between the Singh brothers, erstwhile promoters of Fortis Healthcare, went sour after allegations of fund diversion from the healthcare chain emerged.

What Sushma Swaraj said at her last UNGA address

What Sushma Swaraj said at her last UNGA address

Rediff.com6 Aug 2019

Sushma Swaraj passed away into the ages on Tuesday night after suffering a massive cardiac arrest. Paying tribute to her, Prime Minister Narendra Modi said she was a prolific orator and outstanding Parliamentarian. As we mourn her loss, here's a look at the most memorable quotes from her address at the 73rd session of the United Nations General Assembly in September 2018.

The billionaire, Bollywood and the future of Indian soccer

The billionaire, Bollywood and the future of Indian soccer

Rediff.com2 Jul 2020

Ambani's holding group launched the Indian Super League, an elite competition of newly created teams, in 2014 with the aim of attracting investment and big global names, much like the Indian Premier League has in cricket. 'It was 100% a wasted opportunity'.

Moody's not too optimistic about 2nd round of stimulus

Moody's not too optimistic about 2nd round of stimulus

Rediff.com15 Oct 2020

The government's second round of stimulus will spur consumer spending in the near term but support to economic growth will be minimal, Moody's Investors Service said.

GST needs a political fix, not a legal one

GST needs a political fix, not a legal one

Rediff.com10 Sep 2020

This is a moment when the leaders at the Centre and states must show true leadership for the sake of the country. And it is the top political leaders, not attorney generals or bureaucrats, who should be sitting together and settling this thorny issue of compensation, says Arvind Subramanian, former Chief Economic Adviser to the Government of India.

Cauvery water row: SC upholds appeals against 2007 tribunal award

Cauvery water row: SC upholds appeals against 2007 tribunal award

Rediff.com9 Dec 2016

On October 18, the apex court had directed Karnataka to keep supplying Tamil Nadu with 2,000 cusecs of water till further orders.

Football Extras: 'I'm an Aussie': refugee footballer Araibi

Football Extras: 'I'm an Aussie': refugee footballer Araibi

Rediff.com12 Mar 2019

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

Navy prepared for 'proactive response', says Rajnath

Navy prepared for 'proactive response', says Rajnath

Rediff.com19 Aug 2020

The Indian Navy has deployed a range of its frontline warships and submarines in the Indian Ocean region to send a clear message to China following the escalation of the border dispute in eastern Ladakh.

RBI seeks tougher norms for ecommerce payment getaways

RBI seeks tougher norms for ecommerce payment getaways

Rediff.com25 Sep 2019

Payment aggregators should have a minimum net worth of Rs 100 crore and if they don't manage to arrange that money within one year of putting out final guidelines, they should stop doing their business, says central bank's draft paper.

Tata Sons asks Sivasankaran to pay back Rs 700 crore loan

Tata Sons asks Sivasankaran to pay back Rs 700 crore loan

Rediff.com9 May 2018

Siva group defaulted on payment in 2016 and is also facing CBI investigation

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...

Lockdown: SC extends protection to employers for not paying full wages

Lockdown: SC extends protection to employers for not paying full wages

Rediff.com4 Jun 2020

The Ministry of Home Affairs (MHA), in its circular, had asked all employers to make payment of wages to their workers without any deduction for the period their establishments were under closure during the lockdown to contain COVID-19.

India to focus on terrorism, global economy, UNSC reforms

India to focus on terrorism, global economy, UNSC reforms

Rediff.com24 Sep 2012

Ahead of the annual session of the United Nations General Assembly, India on Monday said its focus at the high-level meeting will be terrorism, UN Security Council reforms, managing the global financial system, Palestine and piracy.

Highlights of Union Budget 2021-22

Highlights of Union Budget 2021-22

Rediff.com1 Feb 2021

Finance Minister Nirmala Sitharaman on Monday presented the Budget for 2021-22 in the Lok Sabha that is expected to provide relief to the pandemic-hit common man as well as focus more on driving economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours, As India emerges from the COVID-19 crisis, the ninth Budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.

US Treasury's David Malpass bags World Bank's top job

US Treasury's David Malpass bags World Bank's top job

Rediff.com5 Apr 2019

The World Bank's executive board unanimously selected 63-year-old Malpass, who is currently Under Secretary of Treasury for International Affairs, as the bank's 13th President for a five-year term beginning April 9.

Tax panel seeks major changes to reassessment rules

Tax panel seeks major changes to reassessment rules

Rediff.com20 Aug 2019

The I-T officer can go back up to six years to scrutinise the books of accounts of the assessees.

Have a bad credit score? Read this

Have a bad credit score? Read this

Rediff.com10 Dec 2018

'If your loan application gets turned down by one bank, do not apply immediately to several others.' 'This makes you appear credit hungry and possibly in some form of financial distress.' 'Multiple enquiries affect your credit score adversely,' advises Mohan Jayaraman.

India Inc still reeling under the menace of data theft

India Inc still reeling under the menace of data theft

Rediff.com9 Oct 2019

Around 41 per cent of these companies saw such instances, compared to the global average of 29 per cent. India's number is higher than other countries such as the United States (26 per cent), the United Kingdom (32 per cent) and Japan (27 per cent). It is also worse than other emerging markets. China had 39 per cent of firms affected by data theft. It was 19 per cent and 16 per cent for Brazil and Russia, respectively.

NCLT asks telecom department not to terminate Aircel's license and spectrum

NCLT asks telecom department not to terminate Aircel's license and spectrum

Rediff.com29 Nov 2019

The tribunal accepted the government's argument that licence or spectrum is a state asset over which Aircel had no right of ownership.