News for 'financial exploitation'

How did investors miss Byju's numerous red flags?

How did investors miss Byju's numerous red flags?

Rediff.com18 Mar 2024

Byju's is set to go the way of Housing.com and Zilingo. It is only a matter of time. Indeed, the coup attempted by investors will ensure that, says Debashis Basu.

'For every gang, the financier is the kingpin'

'For every gang, the financier is the kingpin'

Rediff.com14 Jul 2020

'In a gang, the person who controls the finances is the most important key person.' 'Cut the finances of a gang and it will vanish.'

India tops airfare spike in APAC, West Asia

India tops airfare spike in APAC, West Asia

Rediff.com13 Jun 2023

India witnessed the highest increase in airfares among the 10 top aviation markets in the Asia-Pacific and West Asia collectively across both domestic and international flights Q4 2019 and Q4 2022 in nominal terms, according to research by Hong Kong-based Airports Council International (ACI). India, where fares went up by 41 per cent, was followed by the UAE (34 per cent), Singapore (30 (per cent) and Australia (23 per cent). The study, which was undertaken in collaboration with Flare Aviation Consulting, examined around 36,000 routes in the top 10 aviation markets in Asia-Pacific and West Asia.

All Eyes On M&M-RBL Bank Saga

All Eyes On M&M-RBL Bank Saga

Rediff.com14 Sep 2023

Why did the company zero in on RBL Bank to understand the business of banking? While the M&M investors heaved a sigh of relief, one gentleman must have been all smiles after this, RBL Bank MD and CEO R Subramaniakumar, notes Tamal Bandyopadhyay.

'Nothing shocks me about Indian relationships'

'Nothing shocks me about Indian relationships'

Rediff.com11 Mar 2024

'Nobody really talks about the middle of relationships or the mundane parts... (When the end comes) we think, "Wow, this is the worst time of my life. This is horrible. It's never been worse". But actually, I feel the endings are what makes us who we are.'

How India's financial sector tackled economic crisis

How India's financial sector tackled economic crisis

Rediff.com28 Oct 2014

A customer wanting to buy a car would have to wait a long time for delivery.

Wrestlers take a stand with black bands on 'Black Day'

Wrestlers take a stand with black bands on 'Black Day'

Rediff.com11 May 2023

Top Indian grapplers Vinesh Phogat, Bajrang Punia, Sakshi Malik, Satyawart Kaidyan and Jitender Kinha all tied black bands on their forehead.

60% private insurers see rapid rise in fraud: Deloitte survey

60% private insurers see rapid rise in fraud: Deloitte survey

Rediff.com16 Feb 2023

About 60 per cent of Indian private insurers believe there has been a significant rise in insurance-related frauds, and as risks lurk there is an immediate need to consider a proactive fraud risk management framework, a Deloitte survey said on Thursday. Insurance companies in India have experienced a rise in fraud instances in life and health insurance, and increased digitisation, remote working post pandemic and weakened controls are key factors contributing to frauds, according to Deloitte's Insurance Fraud Survey 2023. "About 60 per cent of survey respondents believe that there has been a significant rise in fraud, while further 10 per cent experienced a marginal increase," the survey said.

What PhonePe did differently from Paytm

What PhonePe did differently from Paytm

Rediff.com12 Mar 2024

'We went from zero to about 10 million users in three months. Paytm came out with the wallet play and we came out with the UPI play.'

The dangers of financial apps on your smartphone

The dangers of financial apps on your smartphone

Rediff.com30 Dec 2017

'Malicious files can silently sit in your phone and relay data to hackers without your knowledge.'

Have heart-to-heart talk to end trust deficit: Rajnath to Meiteis, Kukis

Have heart-to-heart talk to end trust deficit: Rajnath to Meiteis, Kukis

Rediff.com2 Nov 2023

In an address at an election rally in this southern-most part of Mizoram bordering Myanmar, Singh said violence is no solution to any problem and the two communities in Manipur must talk to each other to improve the situation in the troubled state.

Hinduphobia has no place in UK, we must fight this: Oppn Labour Party leader

Hinduphobia has no place in UK, we must fight this: Oppn Labour Party leader

Rediff.com6 Oct 2022

Labour Leader Keir Starmer told a gathering of hundreds of British Indians that he was determined to put an end to 'divisive politics' and extremist elements exploiting social media to spread hatred within communities.

Time To Abolish Quotas?

Time To Abolish Quotas?

Rediff.com17 Jul 2023

Ultimately quotas kill talent and true meritocracy, argues R Jagannathan.

Bharti exploits free cash for first dividend

Bharti exploits free cash for first dividend

Rediff.com30 Apr 2009

The availability of cash flow--cash profits at Rs 14,006 crore grew 26 per cent--for the full financial year, after the passive infrastructure (towers) business was spun off into a separate company, has helped Bharti Airtel declare its maiden dividend of 20 per cent.

UK ex-teacher who paid for abuse of children in India gets 12-year jail

UK ex-teacher who paid for abuse of children in India gets 12-year jail

Rediff.com9 Aug 2023

A former deputy head teacher at a London primary school who had pleaded guilty to paying and instructing teenagers in India to abuse younger children was sentenced to 12 years in prison on Wednesday.

At COP28, Modi proposes to host 2028 climate talks in India

At COP28, Modi proposes to host 2028 climate talks in India

Rediff.com2 Dec 2023

Asserting that the world does not have much time to correct the mistakes of the last century, Prime Minister Narendra Modi on Friday announced a 'Green Credit Initiative' focused on creating carbon sinks through people's participation and also proposed to host the United Nations climate conference in 2028, or COP33, in India.

Govt agrees to set up experts panel, SC to hear plea on Adani row on Friday

Govt agrees to set up experts panel, SC to hear plea on Adani row on Friday

Rediff.com13 Feb 2023

The Centre has no objection to a proposal for setting up a panel of domain experts to look into strengthening the regulatory mechanisms for the stock market, the Supreme Court was told on Monday while it was hearing pleas relating to the Adani stocks rout after the Hindenburg report.

Congress leader moves SC for probing Hindenburg's Adani group claims

Congress leader moves SC for probing Hindenburg's Adani group claims

Rediff.com14 Feb 2023

A plea has been filed in the Supreme Court seeking investigation under the supervision of a sitting apex court judge against the Adani group of companies in light of the allegations made by the US-based Hindenburg Research.

Kashmiri Pandit employees 'surrender' as govt 'stops' salaries

Kashmiri Pandit employees 'surrender' as govt 'stops' salaries

Rediff.com4 Mar 2023

The Jammu and Kashmir administration has neither accepted nor rejected the demand but the protest had to be suspended as stopping of salaries is 'choking us financially', protesters affiliated to the All Migrant (Displaced) Employees Association Kashmir (AMEAK) said.

The Incomparable Waheeda Rehman

The Incomparable Waheeda Rehman

Rediff.com28 Sep 2023

Dinesh Raheja doffs his hat to the movie legend, who will be honoured with the Dadasaheb Phalke Award this year.

Scribe says he was 'hyptonised', robbed on phone call

Scribe says he was 'hyptonised', robbed on phone call

Rediff.com11 May 2023

A 40-year-old freelance journalist has claimed a person 'hypnotised' him over the phone and duped him of Rs 40,000, but police and experts said this is one of the 'most normal kinds of cyber fraud' and not a case of hypnosis.

Infosys cuts average variable payout to 70% for Q1 on margin pressure

Infosys cuts average variable payout to 70% for Q1 on margin pressure

Rediff.com23 Aug 2022

India's second-largest information technology (IT) firm Infosys has decided to reduce the average variable payout of employees to 70 per cent due to falling operating margins in the first quarter (Q1) of 2022-23 (FY23), said people in the know. "The margin impact in the current quarter has reflected on the performance bonus for this cycle," the company told its employees over email. "While 70 per cent is the correct figure, an important point is we have been told that the company will not defer any variable payment. "It is being paid according to schedule," said a person.

Elder abuse lowest in India among Asian countries

Elder abuse lowest in India among Asian countries

Rediff.com16 Jun 2015

India has the lowest prevalence of elder abuse in Asian countries, according to a new global review which found that 14 per cent older adults in the country may face psychological, physical, and sexual abuse and financial exploitation compared to 36 per cent in China.

The Arab world prays this time for Morocco

The Arab world prays this time for Morocco

Rediff.com13 Dec 2022

In Morocco, an important member of the Arab League but where much of the population identifies as Amazigh, there has been some bemusement at the Arab embrace, including jokes that people from other Arab countries should finally accept the Moroccan dialect.

Will Kerala Go North-East Way To BJP?

Will Kerala Go North-East Way To BJP?

Rediff.com13 Mar 2023

If Kerala wants to sustain its room for independent thinking and talk back to Delhi when needed, it should put its finances in order. Or - if one takes the North East example - Kerala's political posturing may end up commensurate with its financial dependence on others, suggests Shyam G Menon.

ICC's revenue distribution model is flawed: Atherton

ICC's revenue distribution model is flawed: Atherton

Rediff.com15 May 2023

Former England skipper Michael Atherton said that despite ICC's profit-sharing model being flawed, it wouldn't face any pushback.

Mastermind of human sacrifice is a pervert: Kerala police

Mastermind of human sacrifice is a pervert: Kerala police

Rediff.com12 Oct 2022

In the human sacrifice case, a pervert is the prime accused, who exploited the fears of a man and his wife over their financial woes and two women were killed following torture, police said.

Will Jio MF Disrupt MF Business?

Will Jio MF Disrupt MF Business?

Rediff.com21 Aug 2023

While Jio MF will undoubtedly grow in size, it will have to cross multiple hurdles even to emerge as the market leader, observes Debashis Basu.

What are Sex-Workers Doing With Cryptos?

What are Sex-Workers Doing With Cryptos?

Rediff.com9 Sep 2021

The OF saga has led to sex-workers looking at cryptocurrency as an alternative, notes Devangshu Datta.

SC to hear Congress leader's PIL for Adani probe on Friday

SC to hear Congress leader's PIL for Adani probe on Friday

Rediff.com15 Feb 2023

The Supreme Court on Wednesday agreed to hear on February 17 a fresh plea of a Congress leader seeking investigation under the supervision of a sitting apex court judge against the Adani group of companies in light of the allegations made by the US-based Hindenburg Research.

This Is Not The End Of Gautam Adani

This Is Not The End Of Gautam Adani

Rediff.com13 Feb 2023

Mr Adani has a fight on his hands. It is not a fight to the death, asserts T N Ninan.

Wrestlers want IOA to form probe panel against WFI chief Singh

Wrestlers want IOA to form probe panel against WFI chief Singh

Rediff.com20 Jan 2023

The protesting wrestlers on Friday reached out to Indian Olympic Association (IOA), demanding formation of an inquiry committee to probe the allegations of sexual harassment they have levelled against WFI president Brij Bhushan Sharan Singh.

'The women loved Elaben'

'The women loved Elaben'

Rediff.com4 Nov 2022

'Who would think of making a bank of poor women? She had vision and boldness.'

Poll results show all sections supporting BJP: Modi

Poll results show all sections supporting BJP: Modi

Rediff.com8 Dec 2022

Modi also lauded party workers in the state, saying each of them is a champion

Who Gains From Prigozhin's Death?

Who Gains From Prigozhin's Death?

Rediff.com25 Aug 2023

There is a congruence of interests between Ukrainian intelligence and its Western mentors to destroy Wagner and eliminate it from the geopolitical chessboard altogether, argues Ambassador M K Bhadrakumar.

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.

G20 Summit: Dream Come True For India

G20 Summit: Dream Come True For India

Rediff.com11 Sep 2023

India's dream to be in the forefront of international politics has come true. India has placed itself firmly as a major player in the shaping of a new world order, observes Ambassador T P Sreenivasan.

Adani row: Strengthen regulatory system to protect investors, SC tells govt

Adani row: Strengthen regulatory system to protect investors, SC tells govt

Rediff.com10 Feb 2023

The Supreme Court on Friday said there should be a robust mechanism to ensure that the interests of Indian investors are protected in the stock market and sought views of the Centre and market regulator SEBI on PILs alleging exploitation of innocent investors and "artificial crashing" of the Adani group's stock value.

In Delhi Declaration, UN body calls for 'zero tolerance' towards terrorism

In Delhi Declaration, UN body calls for 'zero tolerance' towards terrorism

Rediff.com29 Oct 2022

In the document, the global body expressed concerns over the increasing use of Internet and other information and communications technologies, including social media platforms, for terrorist purposes.

Sebi probing Hindenburg allegations against Adani Group

Sebi probing Hindenburg allegations against Adani Group

Rediff.com14 Feb 2023

The Securities and Exchange Board of India (Sebi), the market regulator, has said, in a submission to the Supreme Court, that it is "enquiring" into the allegations made by American short-seller Hindenburg Research against the Adani Group of companies and its impact on the markets. In the same matter, the central government has agreed to form an expert committee to strengthen the regulatory regime in order to ensure that market investors are protected. The Supreme Court had last week suggested an expert committee to look into the allegations and had asked the Centre for its response.