News for 'financial irregularities'

Trusted CBI to deliver justice but...: RG Kar doc's parents on bail to suspects

Trusted CBI to deliver justice but...: RG Kar doc's parents on bail to suspects

Rediff.com14 Dec 2024

The CBI's failure to file a chargesheet within the mandated 90 days has resulted in bail being granted to two key suspects in the rape-murder case of an on-duty medic at RG Kar Hospital in Kolkata. This comes just days after the West Bengal Police secured capital punishment for a convict in a similar crime against a minor. The delay in justice has sparked outrage, particularly among the victim's family and junior doctors who are demanding accountability.

BharatPe sacks Ashneer Grover's wife Madhuri Jain, cancels ESOPs

BharatPe sacks Ashneer Grover's wife Madhuri Jain, cancels ESOPs

Rediff.com23 Feb 2022

BharatPe has sacked Madhuri Jain Grover, wife of the fintech firm's co-founder and managing director Ashneer Grover, over alleged financial irregularities and cancelled ESOPs vested with her. Madhuri is alleged to have used company funds for personal beauty treatments, buying electronic items and family trips to the US and Dubai, sources with direct knowledge of the matter said. Besides, she also allegedly paid her personal staff out of company accounts and produced fake invoices from known/friendly parties, they added.

ED issues fresh summons to Maha NCP chief Jayant Patil

ED issues fresh summons to Maha NCP chief Jayant Patil

Rediff.com15 May 2023

The 61-year-old MLA from Islampur seat of Maharashtra was issued the first summons for appearance on May 12 but he had sought deferment for about 10 days citing some personal and official engagements.

Court orders FIR against former SEBI chief Madhabi Buch

Court orders FIR against former SEBI chief Madhabi Buch

Rediff.com2 Mar 2025

A special court in Mumbai has directed the Anti-Corruption Bureau (ACB) to register a first information report (FIR) against former Securities and Exchange Board of India (SEBI) chairperson Madhabi Puri Buch and five other officials in connection with alleged stock market fraud and regulatory violations.

Ashneer Grover quits as BharatPe MD

Ashneer Grover quits as BharatPe MD

Rediff.com1 Mar 2022

The board meeting is scheduled to be held on Tuesday to discuss the PwC report findings on Grover's conduct. There have been allegations of financial irregularities against him. According to sources, Grover in his resignation letter said that he is being forced to bid adieu to a company of which he is a founder. Grover alleged in the letter that he and his family have been embroiled in baseless and targeted attacks by a few individuals, who are ready to not only harm his reputation, but also the reputation of the company. Queries sent to Grover did not elicit any immediate reply.

Bengal's 3 stage, film icons return state honours over doc's murder

Bengal's 3 stage, film icons return state honours over doc's murder

Rediff.com4 Sep 2024

Bandyopadhyay, eminent playwright and director, said in a statement that he is returning the award conferred on him earlier this year by the Paschimbanga Natya Akademi and the Rs 30,000 monetary grant.

BJP announces more freebies in Delhi manifesto part 2

BJP announces more freebies in Delhi manifesto part 2

Rediff.com21 Jan 2025

Kejriwal described the BJP's election manifesto as "dangerous for the country".

About 1,100 illegally staying Indians repatriated from US in one year

About 1,100 illegally staying Indians repatriated from US in one year

Rediff.com29 Oct 2024

In a virtual briefing, Royce Murray, assistant secretary for Border and Immigration Policy, US DHS, in response to a query related to the October 22 charter flight that deported a batch of Indian nationals, said, "no minor" among them on that removal flight, adding these were all male and female adults.

The North-South Battle Gets Ugly

The North-South Battle Gets Ugly

Rediff.com20 Mar 2025

With its age-old fascination for education, southern states have done better than the North. Start-ups, IT hubs, and industry majors setting up shop have changed the face of the South. Nearly 79% of global offices set up by international conglomerates in India are in the South. Almost 46% of tech unicorns are from the South. The GDP per person in the South is 4.2 times higher than the North. None of these indicators can be ignored by any central government, whatever the political compulsions, notes Ramesh Menon.

CBI status report on RG Kar doc's rape-murder disturbing: SC

CBI status report on RG Kar doc's rape-murder disturbing: SC

Rediff.com17 Sep 2024

The top court also questioned the West Bengal government's decision to hire contractual employees for the protection of doctors and other staff in hospitals.

Will implement UCC, scrap religion-based quota if BJP wins in Telangana: Shah

Will implement UCC, scrap religion-based quota if BJP wins in Telangana: Shah

Rediff.com18 Nov 2023

Union Home Minister Amit Shah, who released BJP's manifesto for the legislative assembly polls, said a committee would be constituted on UCC.

Coldplay, Diljit tickets: ED lodges money laundering case

Coldplay, Diljit tickets: ED lodges money laundering case

Rediff.com26 Oct 2024

The Enforcement Directorate (ED) on Saturday said it has detected alleged irregularities after it conducted raids in a money laundering case to probe 'black marketing' of tickets for two 'highly anticipated' music concerts by British rock band Coldplay and actor-singer Diljit Dosanjh.

ED gets 4-day custody of AAP MLA Amanatullah Khan in PMLA case

ED gets 4-day custody of AAP MLA Amanatullah Khan in PMLA case

Rediff.com3 Sep 2024

Several Aam Aadmi Party leaders, including Manish Sisodia and Sanjay Singh, hit out at the BJP government at the Centre, saying agencies are targeting those who raised their voice against the ruling party.

ED summons Maha NCP chief in IL&FS money laundering case

ED summons Maha NCP chief in IL&FS money laundering case

Rediff.com11 May 2023

The 61-year-old MLA from Islampur seat of Maharashtra has been asked to depose before the federal agency in Mumbai on Friday, they said. Patil, a former minister of home and finance, is also the Maharashtra president of the NCP and is a seven-term legislator.

Takeover process of PMC Bank complete

Takeover process of PMC Bank complete

Rediff.com25 Jan 2022

Crisis-hit Punjab and Maharashtra Cooperative (PMC) Bank's takeover by the Unity Small Finance Bank (USFBL) came into effect on Tuesday, with the government notifying the scheme of amalgamation. PMC Bank branches will operate as USFBL branches from Tuesday onwards, the Reserve Bank of India (RBI) said in a statement on Tuesday. The takeover comes into force little over two years after the RBI superseded the board of the PMC Bank after financial irregularities came to light.

Want To Open PPF Account For Your Child?

Want To Open PPF Account For Your Child?

Rediff.com10 Sep 2024

Long-term tax-saving FDs can also be considered after the PPF limit has been exhausted.

Crisis deepens as Bengal docs defy SC order, reject Mamata's talk offer

Crisis deepens as Bengal docs defy SC order, reject Mamata's talk offer

Rediff.com11 Sep 2024

The top court on Monday directed the protesting resident doctors to resume work by 5 pm on Tuesday, observing that if "there is continued abstention from work, there may be a likelihood of adverse action".

PPF Changes From Oct 1: 10 MUST-KNOW FAQs

PPF Changes From Oct 1: 10 MUST-KNOW FAQs

Rediff.com1 Oct 2024

If you don't make the necessary adjustments after October 1, 2024, you'll stop earning interest on accounts that aren't in compliance rediffGURU Milind Vadjikar

Students, police in faceoff over Kolkata march on Tuesday

Students, police in faceoff over Kolkata march on Tuesday

Rediff.com27 Aug 2024

The state police have called the scheduled rallies, support for which has been mainly garnered over social media platforms, as "illegal" and "unauthorised", and said they have taken necessary precautions to allay apprehensions about potential law and order situations during the march.

It Won't Be An Easy Term For The BJP

It Won't Be An Easy Term For The BJP

Rediff.com8 Feb 2025

Delhi faces a severe financial crunch and the deficit is largely due to numerous welfare schemes without adequate revenue flowing in. The success of welfare schemes and electoral promises will need careful financial planning and out of the box thinking to whip up additional revenue, notes Ramesh Menon.

Tips To Buy Term Insurance Policies

Tips To Buy Term Insurance Policies

Rediff.com17 Oct 2024

Self-employed individuals often face hurdles in buying term insurance due to financial documentation that doesn't fully reflect their earnings. This complicates underwriting.

Sunanda death: Police want ED to probe irregularities in IPL Kochi franchise

Sunanda death: Police want ED to probe irregularities in IPL Kochi franchise

Rediff.com4 Oct 2016

Sunanda, who was not married to Tharoor then, had refuted allegations of any wrongdoing.

Sanjay Raut's aide turned witness tells ED of MP's financial dealings

Sanjay Raut's aide turned witness tells ED of MP's financial dealings

Rediff.com20 Sep 2022

Shiv Sena MP Sanjay Raut routed his unaccounted money through various shell companies opened in the name of his family members and associates, his former aide and prime witness in the money laundering case linked to the redevelopment of Patra 'chawl' project told the Enforcement Directorate (ED).

ED summons Farooq Abdullah in money laundering case

ED summons Farooq Abdullah in money laundering case

Rediff.com27 May 2022

National Conference president and former Jammu and Kashmir chief minister Farooq Abdullah has been summoned by the Enforcement Directorate for questioning in a money laundering case in Delhi on May 31, official sources said on Friday.

RBI directs gold loan providers to review policies and practices

RBI directs gold loan providers to review policies and practices

Rediff.com1 Oct 2024

The Reserve Bank of India (RBI) on Monday directed banks and non-banking financial companies (NBFCs) offering gold loans to thoroughly review their policies, processes, and practices to identify any gaps. The central bank also told them to closely monitoring their gold loan portfolios amid significant growth observed in this segment vis--vis some lenders. Additionally, the RBI, through a circular, instructed these lenders to ensure adequate controls over outsourced activities and third-party service providers.

Met Adanis several times but...: Jagan denies bribery charges

Met Adanis several times but...: Jagan denies bribery charges

Rediff.com29 Nov 2024

Former Andhra Pradesh Chief Minister YS Jagan Mohan Reddy has strongly refuted allegations of bribery by the Adani Group for solar power purchases during his government. He claimed his name was not mentioned in a US court's indictment and that meetings with Adani Group chairman Gautam Adani were not unusual for a chief minister. Reddy said the power supply agreement was between the state's DISCOMs and SECI, with no third-party involvement. He also defended the deal, calling it 'historic' and highlighting the cost savings for the state. Meanwhile, former CM N Chandrababu Naidu has alleged irregularities in the deal and promised to act upon the alleged charges.

Dharavi redevelopment: HC upholds award of tender to Adani Group

Dharavi redevelopment: HC upholds award of tender to Adani Group

Rediff.com20 Dec 2024

The Bombay high court on Friday upheld the tender awarded to an Adani Group firm by the Maharashtra government for the Dharavi slum redevelopment project in Mumbai, ruling there was no 'arbitrariness, unreasonableness or perversity' in the decision.

MP govt orders probe into land allotted to National Herald in Bhopal

MP govt orders probe into land allotted to National Herald in Bhopal

Rediff.com5 Aug 2022

'I have issued an order for the formation of an inquiry committee to probe into the land allotted to the National Herald in Press Complex Bhopal, where commercial buildings have come up by violating the rules,' Madhya Pradesh Urban Administration Minister Bhupendra Singh tweeted on Friday.

'How can I build a corpus of Rs 2 cr in 2 years?'

'How can I build a corpus of Rs 2 cr in 2 years?'

Rediff.com4 Apr 2024

rediffGURU Ramalingam Kalirajan answers your personal finance queries.

Sanjay Raut gets bail, HC will hear ED's plea on Thursday

Sanjay Raut gets bail, HC will hear ED's plea on Thursday

Rediff.com9 Nov 2022

A special court in Mumbai on Wednesday granted bail to Shiv Sena member of Parliament Sanjay Raut in a money laundering case pertaining to the Patra Chawl redevelopment project.

Wrestling row: Babita Phogat joins oversight committee

Wrestling row: Babita Phogat joins oversight committee

Rediff.com31 Jan 2023

The allegations were levelled by prominent grapplers such as Vinesh Phogat, Bajrang Punia, Sakshi Malik and Ravi Dahiya.

Will Gehlot-Sachin rift spoil Cong's prospects of retaining Rajasthan?

Will Gehlot-Sachin rift spoil Cong's prospects of retaining Rajasthan?

Rediff.com10 Oct 2023

Infighting between Ashok Gehlot and Sachin Pilot has been out in the open throughout the Congress term.

Sanjay Raut sent to 14-day judicial custody in PMLA case

Sanjay Raut sent to 14-day judicial custody in PMLA case

Rediff.com8 Aug 2022

The court allowed Raut's plea for home food and medicines, but refused to pass an order on his prayer for bedding.

How To Make A Successful Retirement Plan

How To Make A Successful Retirement Plan

Rediff.com17 Jul 2024

Follow these simple steps if you want to create a solid retirement corpus and retire young, says Anamika Pareek.

ED kept me in a room without window: Raut tells court

ED kept me in a room without window: Raut tells court

Rediff.com4 Aug 2022

Shiv Sena leader Sanjay Raut, arrested by the Enforcement Directorate (ED) in a money laundering case, on Thursday told a special court in Mumbai that during the custody, the central agency kept him a room that had no window and ventilation.

Jharkhand orders ACB probe into BJP ex-ministers' disproportionate assets

Jharkhand orders ACB probe into BJP ex-ministers' disproportionate assets

Rediff.com1 Jun 2022

The Jharkhand government has ordered a probe by the Anti-corruption Bureau into the alleged amassing of disproportionate assets by former ministers in the previous Bharatiya Janata Party government in the state.

Jail official asks Uddhav to take court's nod to meet Sanjay Raut

Jail official asks Uddhav to take court's nod to meet Sanjay Raut

Rediff.com7 Sep 2022

Shiv Sena president Uddhav Thackeray was denied permission to meet jailed party MP Sanjay Raut and asked by authorities to take the court's approval for meeting him in prison, a senior jail official said on Wednesday.

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.

Paralympics: Preeti does a double, bags bronze in 200m T35 event

Paralympics: Preeti does a double, bags bronze in 200m T35 event

Rediff.com2 Sep 2024

This is her second medal of Paris Paralympics and India's sixth medal in total.

Misappropriation of funds: Former Lucknow CMO held

Misappropriation of funds: Former Lucknow CMO held

Rediff.com12 Jul 2011

Former Chief Medical Officer of Lucknow A K Shukla was on Tuesday arrested by the police in connection with alleged financial irregularities in the state health department. "Doctor Shukla was arrested from the trauma centre of Chattrapati Shahuji Maharaj Nagar Medical University this morning," said Deputy Inspector General of Police Lucknow D K Thakur. He said Shukla was arrested in connection with financial irregularities in the health department.