News for 'financial dispute'

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.

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.

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.

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.

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.

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.

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.

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.

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.

'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.

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.

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.

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.

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.

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.

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'.

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.

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

PM Modi takes swipe at Pak, says some nations are arming terrorists

PM Modi takes swipe at Pak, says some nations are arming terrorists

Rediff.com3 Jun 2017

Putin said India was facing a serious problem on account of terrorism and it was not an "imaginary thing".

Eurozone crisis: Germany, France call another EU summit

Eurozone crisis: Germany, France call another EU summit

Rediff.com21 Oct 2011

German Chancellor Angela Merkel and French President Nicolas Sarkozy could not resolve their differences over further boosting the European Financial Stability Facility, recapitalisation of European banks heavily exposed to sovereign debts and a partial write-down of Greek government's debts at a two-hour emergency meeting in Frankfurt on Wednesday night.

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.

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.

Doctor shot dead at his clinic in Delhi's Palam

Doctor shot dead at his clinic in Delhi's Palam

Rediff.com14 May 2016

A 61-year-old doctor was shot dead at his clinic in south-west Delhi's Palam area by an unidentified assailant, police said on Saturday.

Sensex joins global meltdown; tanks 261 points

Sensex joins global meltdown; tanks 261 points

Rediff.com19 Jun 2018

The NSE Nifty ended 89.40 points, or 0.83 per cent, lower at 10,710.45.

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.

What will BCCI's big bosses discuss when they meet in New Delhi

What will BCCI's big bosses discuss when they meet in New Delhi

Rediff.com6 Mar 2019

COA also set to refer Rahul-Pandya matter to Ombudsman

German parliament to vote on Greece bailout

German parliament to vote on Greece bailout

Rediff.com27 Feb 2012

Interior Minister Hans Peter Friedrich caused a stir ahead of the vote by openly calling for a 'voluntary exit' of Greece from the Euro zone.

How the Supreme Court held nation's attention in 2019

How the Supreme Court held nation's attention in 2019

Rediff.com27 Dec 2019

Verdicts paving the way for construction of a Ram Temple at Ayodhya and India's multi-billion dollar Rafale fighter jet deal with France were 2019's landmark imprints of the Supreme Court, which also found itself at the centre of a controversy with then Chief Justice of India Ranjan Gogoi being accused of sexual harassment before getting the clean chit.

With SC's strict order, is it all over for Voda-Idea?

With SC's strict order, is it all over for Voda-Idea?

Rediff.com15 Feb 2020

Vodafone Idea's net worth (or shareholders' equity) was down 73 per cent year-on-year to around Rs 17,600 crore at the end of the December 2019 quarter after the company reported a net loss of around Rs 6,400 crore during the quarter. Cumulatively, the company has lost nearly Rs 45,000 crore in the last four quarters, eroding its net worth to its lowest level in three-year. Analysts said a such a low level of net worth, coupled with continuing losses in operations, ruled out the possibility of the company getting fresh loans from lenders to fund its adjusted gross revenue (AGR) dues of Rs 54,000 crore.

'Chinese warship confronts Indian navy vessel'

'Chinese warship confronts Indian navy vessel'

Rediff.com1 Sep 2011

A Chinese warship confronted an Indian naval vessel shortly after it left Vietnamese waters in late July in the first such reported encounter between the navy's of the two countries in the disputed South China Sea.