News for 'financial irregularities'

Sports Ministry Suspends Table Tennis Federation Of India

Sports Ministry Suspends Table Tennis Federation Of India

Rediff.com12 Aug 2026

The Sports Ministry has suspended the Table Tennis Federation of India's recognition due to governance issues, including delayed elections, and has directed the Indian Olympic Association to form an ad-hoc committee to manage the sport.

Jharkhand protestors seek probe by ex-judge from outside state into exam paper leaks

Jharkhand protestors seek probe by ex-judge from outside state into exam paper leaks

Rediff.com4 Aug 2026

Job aspirants in Jharkhand are protesting alleged paper leaks in PSC and other recruitment exams, demanding an independent inquiry by retired high court judges from outside the state. They have lost faith in the ongoing CID investigation, citing past failures, and threaten to intensify their agitation if their demands for a CBI or independent judicial probe are not met. The protests have garnered support from various organisations, with one leader on an indefinite hunger strike.

Jharkhand student leader breaks fast, announces phase 2 of stir

Jharkhand student leader breaks fast, announces phase 2 of stir

Rediff.com18 Aug 2026

JLKM leader Devendra Mahto, who ended his 16-day hunger strike after the Jharkhand government cancelled job exams over alleged irregularities, announced a second phase of protests for corruption-free recruitment by JPSC and JSSC, demanding government guarantees against future paper leaks and irregularities.

SC to hear plea on Ram Temple Trust fund embezzlement

SC to hear plea on Ram Temple Trust fund embezzlement

Rediff.com25 Jun 2026

The Supreme Court has scheduled a hearing for June 29 on a public interest litigation (PIL) seeking the registration of an FIR and a time-bound probe into the alleged embezzlement of donations received by the Shri Ram Janmbhoomi Teerth Kshetra Trust in Ayodhya.

Dubai fund transfers: Fresh ED claims against Vijayan's daughter in CMRL case

Dubai fund transfers: Fresh ED claims against Vijayan's daughter in CMRL case

Rediff.com19 Aug 2026

The Enforcement Directorate has seized handwritten notes and digital evidence during searches related to former Kerala Chief Minister Pinarayi Vijayan's daughter, Veena T. The agency alleges these notes detail fund transfers to Dubai and amounts handled beyond her known income, linking her to a money laundering probe involving Cochin Minerals and Rutile Ltd (CMRL) and her defunct company, Exalogic Solutions. Political leaders have condemned the probe as a vendetta.

Controversial 'Pistulya Maharaj' Faces Case Over Rs 3.6 Crore Fund Misappropriation

Controversial 'Pistulya Maharaj' Faces Case Over Rs 3.6 Crore Fund Misappropriation

Rediff.com6 Jun 2026

A spiritual preacher, Kishor Dhondiram Jadhav alias 'Pistulya Maharaj', and his associates have been booked in Latur, Maharashtra, for allegedly misappropriating Rs 3.6 crore collected during a religious event. The funds were meant for temple construction but were unaccounted for, leading to protests by Warkaris.

Sports Ministry Suspends Table Tennis Federation Of India

Sports Ministry Suspends Table Tennis Federation Of India

Rediff.com12 Aug 2026

The Sports Ministry has suspended the recognition of the Table Tennis Federation of India (TTFI) due to significant governance deficiencies, including delayed elections and failure to ensure athlete welfare. The Indian Olympic Association (IOA) has been directed to form an ad-hoc committee to manage the sport until a proper governance structure is re-established.

Self-Styled Godman Arrested In Cheating Case: Details

Self-Styled Godman Arrested In Cheating Case: Details

Rediff.com4 May 2026

Shirdi police have taken custody of self-styled godman Ashok Kharat as part of an investigation into a cheating case involving Rs 5 crore. The case was registered based on a complaint by a farmer, and Kharat will be produced in court. This is the ninth case against Kharat, who is also being investigated for sexual exploitation and money laundering.

'No bureaucrats in Ram Temple Trust': Ayodhya seers warn govt

'No bureaucrats in Ram Temple Trust': Ayodhya seers warn govt

Rediff.com28 Jun 2026

Seers in Ayodhya are demanding that bureaucrats be excluded from the Shri Ram Janmabhoomi Teerth Kshetra Trust following allegations of donation embezzlement and the resignations of two key members, Champat Rai and Anil Mishra. While some seers call for the trust to be run solely by religious figures to prevent corruption, others defend the integrity of the resigned officials, highlighting a division within the spiritual community regarding the trust's management and accountability.

Pune Police Arrest IT Firm CEO After Sudden Closure Leaves 500 Jobless

Pune Police Arrest IT Firm CEO After Sudden Closure Leaves 500 Jobless

Rediff.com4 Jun 2026

The CEO of Noida-based IT firm ThynkTech India OPC Pvt Ltd has been arrested in connection with the sudden closure of its Pune branch, which left around 500 employees jobless. The company is accused of withholding salaries and financial irregularities.

Harsh Mander's NGO among 2 booked over financial irregularities

Harsh Mander's NGO among 2 booked over financial irregularities

Rediff.com20 Feb 2021

The Economic Offences Wing of the Delhi Police has registered a case against two NGOs in connection with financial irregularities, an official said on Saturday.

Ex-WAPCOS Chief Faces Corruption Charges: CBI Investigates

Ex-WAPCOS Chief Faces Corruption Charges: CBI Investigates

Rediff.com4 May 2026

The CBI has registered a corruption case against Rajni Kant Agrawal, the former chairman-cum-managing director of Water and Power Consultancy Services (WAPCOS), following a complaint from the Ministry of Jal Shakti.

Zaheer Khan Acquires Jaffna Kings In Sri Lanka's T20 League

Zaheer Khan Acquires Jaffna Kings In Sri Lanka's T20 League

Rediff.com5 Aug 2026

Indian pace legend Zaheer Khan, through his co-owned Stockholm-based Anchor Sports AB, has acquired the Lanka Premier League (LPL) franchise Jaffna Kings, which will now be rebranded as Anchor Jaffna Kings.

5 Entities With 62% Voting Rights Behind Subhash Chandra's Rs 6.5 Cr Insolvency Plan Getting NCLT Nod

5 Entities With 62% Voting Rights Behind Subhash Chandra's Rs 6.5 Cr Insolvency Plan Getting NCLT Nod

Rediff.com6 days ago

The National Company Law Tribunal (NCLT) has approved media baron Subhash Chandra's personal insolvency resolution plan, which proposes to pay Rs 6.5 crore against admitted creditor claims of approximately Rs 22,006.57 crore, despite allegations from dissenting lenders that five family-linked entities controlled 61.78 per cent of the voting share.

Bar Council chief faces resignation demand; rejects charges

Bar Council chief faces resignation demand; rejects charges

Rediff.com22 Aug 2026

YR Sadashiva Reddy, Co-Chairman of the Bar Council of India (BCI), has called for the immediate resignation of BCI Chairman Manan Kumar Mishra, citing alleged irregularities in appointments, diversion of Council funds, financial dealings with law colleges, and other governance issues. Mishra has dismissed the allegations as 'baseless'.

Siddhivinayak donation row: Fadnavis orders probe

Siddhivinayak donation row: Fadnavis orders probe

Rediff.com8 Aug 2026

Maharashtra Chief Minister Devendra Fadnavis has ordered a comprehensive probe into alleged donation irregularities at Mumbai's famous Siddhivinayak Temple. The directive follows allegations by MNS chief Raj Thackeray of Rs 18 crore being siphoned off annually, leading to the arrest of nine employees and a demand for independent inquiries. The probe will examine the temple's records from the last five years.

ED Seizes Ex-Kolkata Cop's Property In Land Scam Probe

ED Seizes Ex-Kolkata Cop's Property In Land Scam Probe

Rediff.com23 May 2026

The Enforcement Directorate has attached a bungalow belonging to former Kolkata Police deputy commissioner Santanu Sinha Biswas in connection with a land grab and fraud case. The ED also conducted searches at multiple locations, recovering gold, cash, and property documents.

CAG audit reveals Indian Railways' lease repayment on wrong track

CAG audit reveals Indian Railways' lease repayment on wrong track

Rediff.com14 Aug 2026

A Comptroller and Auditor General (CAG) audit for 2024-25 has highlighted Indian Railways' concerning trend of repaying lease charges to its borrowing arm, IRFC, from budgetary grants instead of internal resources, alongside significant delays in safety-centric works.

Maharashtra Official Suspended For Alleged Godman Connection

Maharashtra Official Suspended For Alleged Godman Connection

Rediff.com15 May 2026

The Maharashtra government has suspended a deputy collector for his alleged links with self-styled godman Ashok Kharat, in the first such crackdown on officials after the case rocked the state earlier this year.

Satyendar Jain says his arrest linked to Punjab polls

Satyendar Jain says his arrest linked to Punjab polls

Rediff.com19 Aug 2026

Former Delhi minister Satyendar Jain has been arrested by the Anti-Corruption Branch (ACB) in connection with an alleged corruption case involving the tendering process for sewage treatment plant projects of the Delhi Jal Board (DJB). Jain claims the arrest is politically motivated, linking it to the upcoming Punjab Assembly polls. Five other individuals, including a former DJB CEO, were also arrested in the case, which alleges irregularities and favouritism in tender conditions.

Sri Lanka government takes over Cricket Board after resignations

Sri Lanka government takes over Cricket Board after resignations

Rediff.com29 Apr 2026

The Sri Lankan government has taken over the administration of the country's cricket board following the resignation of its president and executive committee amid allegations of financial irregularities and poor team performance.

NTA Faces Major Exam Process Overhaul

NTA Faces Major Exam Process Overhaul

Rediff.com18 Aug 2026

The overhaul comes after a series of controversies surrounding the conduct of examinations administered by NTA, which has faced questions over examination security and its handling of irregularities.

Kanpur Dehat Land Scam: FIR Lodged Against Officials

Kanpur Dehat Land Scam: FIR Lodged Against Officials

Rediff.com13 May 2026

The Uttar Pradesh Police have filed an FIR against a former additional district magistrate, company representatives, and bank officials in connection with an alleged land scam worth around Rs 400 crore in Kanpur Dehat district.

Former Reliance ADAG Executives Arrested By ED Under PMLA

Former Reliance ADAG Executives Arrested By ED Under PMLA

Rediff.com12 Jun 2026

The Enforcement Directorate has arrested Sateesh Seth and Gautam Doshi, former executives of the Reliance Anil Ambani Group, under the Prevention of Money Laundering Act (PMLA) in Mumbai. The arrests are linked to a case registered in New Delhi, and the duo will be transported there on transit remand.

11 Face Charges In HDFC Bank Fraud Case In Shopian

11 Face Charges In HDFC Bank Fraud Case In Shopian

Rediff.com7 May 2026

The Economic Offences Wing of the Crime Branch has filed a chargesheet against 11 people in a financial fraud case linked to an HDFC Bank branch in Shopian district.

SC to hear plea for probe into Ram temple embezzlement on July 13

SC to hear plea for probe into Ram temple embezzlement on July 13

Rediff.com10 Jul 2026

The Supreme Court is set to hear a batch of petitions on July 13 seeking a fair and time-bound probe into the alleged embezzlement of donations at the Ram temple in Ayodhya, with petitioners requesting a CBI investigation and a CAG audit of the temple trust's finances.

I-PAC Director's Representative Assists ED With Data Extraction

I-PAC Director's Representative Assists ED With Data Extraction

Rediff.com20 Apr 2026

A legal representative of I-PAC director Rishi Raj Singh assisted the Enforcement Directorate in Delhi with data extraction from seized electronic devices. This follows raids and the arrest of another director, Vinesh Chandel, amid allegations of financial irregularities and money laundering.

BPO financial irregularities to cost Infosys less than $1 million

BPO financial irregularities to cost Infosys less than $1 million

Rediff.com21 Nov 2014

Infosys, India's second largest information technology (IT) services company, is likely to book an impact of less than $1 million (Rs 6 crore) due to the financial irregularities in the accounts of its business process outsourcing (BPO) arm, which led to the dismissal of the unit's chief financial officer, Abraham Mathews earlier this week.

SIT to re-audit Ayodhya trust's accounts of past 5 years

SIT to re-audit Ayodhya trust's accounts of past 5 years

Rediff.com3 Jul 2026

The Special Investigation Team (SIT) probing alleged embezzlement at the Ram temple in Ayodhya will conduct a re-audit of the Shri Ram Janmabhoomi Teerth Kshetra Trust's accounts for the past five years, following preliminary findings of large-scale irregularities.

Ram Temple theft: Police seek custody of 2 accused after fresh disclosure

Ram Temple theft: Police seek custody of 2 accused after fresh disclosure

Rediff.com12 Jul 2026

Police investigating the alleged embezzlement of donations at the Ram temple in Ayodhya have requested seven-day custody for two jailed accused, Ram Shankar Yadav and Subhash Srivastava. This request follows new disclosures that necessitate further verification and recovery of evidence. The court is set to hear the remand application on July 14, as investigators scrutinise financial transactions and property purchases to trace the diverted funds.

Why Kerala's GI Handlooms Struggle Despite Recognition

Why Kerala's GI Handlooms Struggle Despite Recognition

Rediff.com22 Aug 2026

An independent study reveals that while Geographical Indication (GI) registration has boosted the identity of Kerala's traditional handloom products, it has not uniformly translated into economic benefits across weaving clusters. Challenges include an ageing artisan population, competition from powerloom products, rising raw material costs, and inadequate marketing.

NCERT, CBSE Face Major Staff Shortages

NCERT, CBSE Face Major Staff Shortages

Rediff.com15 Aug 2026

A parliamentary panel flagged staffing shortages at NCERT and CBSE, inadequate education spending, falling enrolment and poor internet connectivity in government schools.

Police Raid Abhishek Banerjee's Residence In Financial Fraud Probe

Police Raid Abhishek Banerjee's Residence In Financial Fraud Probe

Rediff.com13 Jun 2026

West Bengal police, supported by central forces, conducted a four-hour predawn raid on TMC MP Abhishek Banerjee's Kolkata residence in connection with a financial fraud case involving his aide, Sumit Roy. The operation, which Banerjee claims involved forced entry, has been denounced by the TMC as "political vendetta" and comes as Banerjee faces multiple investigations from various agencies, further escalating political tensions in the state.

'Don't politicise': SC seeks UP stand on SIT probe into Ram Temple theft

'Don't politicise': SC seeks UP stand on SIT probe into Ram Temple theft

Rediff.com20 Jul 2026

The Supreme Court on Monday asked the Uttar Pradesh government to apprise it about the possibility of setting up an SIT to probe the alleged embezzlement of donations at the Ram temple in Ayodhya and cautioned the litigants not to politicise the issue.

Ram Temple theft: SC expands SIT; seeks status report in two weeks

Ram Temple theft: SC expands SIT; seeks status report in two weeks

Rediff.com27 Jul 2026

The Supreme Court on Monday took note of setting up of a four-member SIT headed by IGP Kiran S to probe alleged embezzlement of donations at the Ram temple in Ayodhya and asked the Uttar Pradesh government to also include a forensic auditor in the probe team.

Govt may proceed with Justice Varma's impeachment in Winter Session

Govt may proceed with Justice Varma's impeachment in Winter Session

Rediff.com12 Aug 2026

The Centre is reportedly considering moving forward with the impeachment process against Justice Yashwant Varma in the upcoming Winter session of Parliament, despite his resignation. A Lok Sabha Speaker-constituted panel has found him guilty of possessing unaccounted cash and disturbing evidence.

Four Charged in Chhattisgarh Medical Equipment Procurement Irregularities

Four Charged in Chhattisgarh Medical Equipment Procurement Irregularities

Rediff.com16 Apr 2026

The Chhattisgarh Anti-Corruption Bureau/Economic Offence Wing (ACB/EOW) has filed a supplementary chargesheet against four individuals for alleged irregularities in the procurement of medical equipment and reagent chemicals in 2023, resulting in significant financial losses to the state.

ED Searches Reliance Power Premises in Mumbai, Hyderabad

ED Searches Reliance Power Premises in Mumbai, Hyderabad

Rediff.com6 Mar 2026

The Enforcement Directorate conducted searches at multiple locations in Mumbai and Hyderabad as part of an investigation against Reliance Power Ltd., a group company of Anil Ambani, concerning alleged money laundering and financial irregularities.

Why Messi's Kerala Visit Never Happened: Report Submitted To Govt

Why Messi's Kerala Visit Never Happened: Report Submitted To Govt

Rediff.com11 Aug 2026

The Kerala Sports Department has submitted its confidential inquiry report regarding the controversy surrounding the proposed visit of football legend Lionel Messi and the Argentina team to the state during the previous government's tenure.

Haryana Sacks Official Over Rs 590 Crore Bank Fraud

Haryana Sacks Official Over Rs 590 Crore Bank Fraud

Rediff.com25 Apr 2026

The Haryana government has dismissed an official from the Development and Panchayat Department in connection with a Rs 590 crore fraud case involving IDFC First Bank. The decision follows a detailed investigation that revealed a criminal conspiracy and substantial evidence against the official.