News for 'financial irregularities'

Satyam staff may leave; top leaders pledge stay on

Satyam staff may leave; top leaders pledge stay on

Rediff.com8 Jan 2009

The company would hold a press conference in Hyderabad on Thursday to outline an action plan to address key concerns of various stakeholders, including customers, investors, employees and business partners.

Bitter legal battle ends with Kejriwal's apology to Jaitley

Bitter legal battle ends with Kejriwal's apology to Jaitley

Rediff.com3 Apr 2018

The HC closed both the defamation suits against Kejriwal and four AAP leaders after a joint settlement plea was moved before it.

BCCI vs Modi soap opera resumes on Sunday

BCCI vs Modi soap opera resumes on Sunday

Rediff.com31 Jul 2010

BCCI's Disciplinary Committee meets in New Delhi on Sunday for the third time to continue its probe into alleged financial irregularities by suspended IPL chief Lalit Modi, who would once again seek the recusal of Chirayu Amin and Arun Jaitley from the panel.

Modi's lawyer seeks 'neutral SC judge' for probe

Modi's lawyer seeks 'neutral SC judge' for probe

Rediff.com27 Jul 2010

Lalit Modi's attorney Mehmood Abdi on Tuesday said he will push for a neutral Supreme Court judge on the Board of Control for Cricket in India's disciplinary panel that is probing alleged financial irregularities by the suspended IPL chairman in the running of the T20 event.

Now Bihar Opposition spends night in assembly

Now Bihar Opposition spends night in assembly

Rediff.com21 Jul 2010

The Opposition MLAs and MLCs said they would continue their dharna in both the Houses till their demand is met, apparently taking a cue from the Karnataka Opposition members, who were on a five-day-long dharna in the state assembly demanding CBI probe into the alleged illegal mining in the state.

Images: The rise and fall of Lalit Modi

Images: The rise and fall of Lalit Modi

Rediff.com26 Apr 2010

Controversy's favourite child commended and condemned in equal measure, IPL chief Lalit Modi rose meteorically but his fall was no less spectacular as he was booted out of the very empire he created.

Modi makes emotional address at IPL awards

Modi makes emotional address at IPL awards

Rediff.com24 Apr 2010

Beleaguered Indian Premier League chairman Lalit Modi made an emotional speech at the Twenty20 Leagues' inaugural awards function in which he thanked Board of Control for Cricket in India, among others, for making his seven-year-old dream come true.

Buy cricket teams online, make money!

Buy cricket teams online, make money!

Rediff.com23 Apr 2010

Even as IPL franchise owners continue to face the heat from income tax authorities amid allegations of financial irregularities, netizens are making quick bucks after buying their favourite teams in the virtual world.

IPL battle set to reach court today

IPL battle set to reach court today

Rediff.com23 Apr 2010

The battle for control of the Indian Premier League (IPL) is now headed for the courts. IPL chairman and commissioner Lalit Modi is likely to approach the Bombay High Court on Friday to prevent a meeting of the League's governing council scheduled for Monday.

Modi not to attend 'unauthorised' meeting

Modi not to attend 'unauthorised' meeting

Rediff.com22 Apr 2010

A defiant Indian Premier League Commissioner Lalit Modi on Wednesday made it clear that he will not attend the April 26 IPL Governing Council meeting convened apparently to decide his fate, saying he considers it 'unauthorised'.

Musharraf vows to fight it out in Parliament

Musharraf vows to fight it out in Parliament

Rediff.com11 Aug 2008

The session of the 342-member Assembly commenced on Monday evening as the Paksitan People's Party-led coalition said it has drawn up an "unimpeachable" chargesheet listing allegations of misconduct, violation of Constitution and financial irregularities against Musharraf, who turned 65 on Monday.

Modi's exit foregone conclusion: BCCI sources

Modi's exit foregone conclusion: BCCI sources

Rediff.com19 Apr 2010

Lalit Modi's days as the IPL Commissioner appear to be numbered as the BCCI's top brass has more or less made up its mind to remove the high-flying administrator who has triggered a political storm and brought the BCCI under the Income Tax scanner.

UPA wants Hyderabad metro award to Maytas scrapped

UPA wants Hyderabad metro award to Maytas scrapped

Rediff.com15 Jan 2009

As a fallout of the financial irregularities in Satyam Computer Services, a section of the United Progressive Alliance government is in favour of cancelling the award of the Hyderabad Metro Rail project. The project was won by the Nava Bharat-led consortium, in which Maytas Infra, a listed firm related to Satyam's promoters, is one of the partners.

A bluechip turns into a punter's delight

A bluechip turns into a punter's delight

Rediff.com10 Jan 2009

On the last day of Satyam's stint in India's benchmark indices - the Bombay Stock Exchange Sensex and the National Stock Exchange S&P CNX Nifty - its shares turned out to be a punter's delight.

ED issues fresh summons to Rahul Gandhi for June 13

ED issues fresh summons to Rahul Gandhi for June 13

Rediff.com3 Jun 2022

The case pertains to the ED probe into the alleged financial irregularities in the party-promoted Young Indian that owns the National Herald newspaper.

ED summons to Sonia, Rahul: Not afraid, won't bow down, says Congress

ED summons to Sonia, Rahul: Not afraid, won't bow down, says Congress

Rediff.com1 Jun 2022

Congress leaders Abhishek Manu Singhvi and Randeep Surjewala said party president Sonia Gandhi has been summoned by the ED for questioning in a money laundering case linked to the National Herald newspaper on June 8, and she was determined to appear before the agency as she has nothing to hide.

PMC Bank customers not to get Rs 5 lakh deposit cover in first lot

PMC Bank customers not to get Rs 5 lakh deposit cover in first lot

Rediff.com31 Oct 2021

Customers of stressed Punjab & Maharashtra Co-Operative Bank (PMC Bank) will not get up to Rs 5 lakh insurance cover in the first lot as the multi-state co-operative bank is under the resolution process. Deposit Insurance and Credit Guarantee Corporation (DICGC) in the first lot will pay customers of 20 stressed banks except PMC Bank. For the first lot, the mandatory 90 days period concludes on November 30.

Mystery shrouds death of Assam's 'Lady Singham' as video, audio clips go viral

Mystery shrouds death of Assam's 'Lady Singham' as video, audio clips go viral

Rediff.com19 May 2023

Adding more mystery to the sensational death case, another video clip of a different person also went viral, claiming that the deceased police officer's vehicle was stationary and a speeding truck had hit it.

BCCI mulling to form sub-committee to run IPL

BCCI mulling to form sub-committee to run IPL

Rediff.com24 Apr 2010

Under-fire from all quarters in the wake of Lalit Modi's alleged financial irregularities in the running of the Indian Premier League, the BCCI is planning to form a small sub-committee to run the Twenty20 league in future, according to sources.

BCCI not to change date of crucial meet

BCCI not to change date of crucial meet

Rediff.com24 Apr 2010

The Board of Control for Cricket in India top brass is in no mood to consider embattled Indian Premier League commissioner Lalit Modi's plea to defer the Governing Council meeting by five days and made it clear that it will go ahead as per schedule.

ED questions Lalit Modi, takes him to MI office

ED questions Lalit Modi, takes him to MI office

Rediff.com22 Apr 2010

IPL Commissioner Lalit Modi was questioned by IT and Enforcement Directorate officials on Thursday.

IL& FS case: ED grills NCP's Jayant Patil for over 9 hrs; Oppn cries vendetta

IL& FS case: ED grills NCP's Jayant Patil for over 9 hrs; Oppn cries vendetta

Rediff.com23 May 2023

Maharashtra Nationalist Congress Party (NCP) president Jayant Patil appeared before the Enforcement Directorate (ED) in Mumbai on Monday in a money laundering case linked to alleged financial irregularities in the now bankrupt financial services firm Infrastructure Leasing and Financial Services Limited (IL&FS), an official said.

The NCP Leaders Under The Central Agencies' Scanner

The NCP Leaders Under The Central Agencies' Scanner

Rediff.com5 Jul 2023

Did the fear of central agencies probing scams involving NCP leaders that forced these politicians to jump ship?

Ram temple land purchase a fit case for CBI, ED probe: Raut

Ram temple land purchase a fit case for CBI, ED probe: Raut

Rediff.com25 Jun 2021

Shiv Sena's Sanjay Raut said the Bharatiya Janata Party's national executive should pass a resolution to demand investigation by these agencies in the land case.

'Let's end unsavoury litigation': Now, Kejriwal apologises to Arun Jaitley

'Let's end unsavoury litigation': Now, Kejriwal apologises to Arun Jaitley

Rediff.com2 Apr 2018

Kejriwal's apology spree began last month, with "sorries" to the BJP's Nitin Gadkari, the Congress's Kapil Sibal and the Akali Dal's Bikram Singh Majithia.

Military court dismisses Anjali Gupta

Military court dismisses Anjali Gupta

Rediff.com8 Dec 2005

The five-member jury presided over by Group Captain Ganesh pronounced the verdict.

Azad's plea for CBI probe into DDCA dismissed

Azad's plea for CBI probe into DDCA dismissed

Rediff.com9 Feb 2016

The Delhi high court, on Tuesday, dismissed as "premature" the plea of former Indian cricketers Kirti Azad, Bishan Singh Bedi and others seeking a court-monitored probe by CBI or SIT into the alleged financial irregularities in the Delhi and District Cricket Association.

Self-Employed? Planning Retirement?

Self-Employed? Planning Retirement?

Rediff.com27 Dec 2023

The self-employed should invest in the National Pension System, a government-backed, low-cost retirement avenue where they can choose the mix of debt and equity that is right for them.

Dungarpur elected CCI president again

Dungarpur elected CCI president again

Rediff.com28 Dec 2007

"It was an emotional and touching moment for me to be welcomed by everyone. It was a grand reception for me and this was only possible because of the good relationship I shared with the members and the staff," Dungarpur said after being elected president of the 75-year-old institution.

Dungarpur suspended by CCI

Dungarpur suspended by CCI

Rediff.com5 Dec 2007

Former Cricket Board President Raj Singh Dungarpur has been suspended from the Cricket Club of India for two years by the club's Executive Committee.

CBI takes over probe in 4 cases involving Assam cop Rabha's death

CBI takes over probe in 4 cases involving Assam cop Rabha's death

Rediff.com22 Jun 2023

The Central Bureau of Investigation has taken over the investigation of four distinct cases from the Assam police, all connected with the death of the state police sub-inspector Junmoni Rabha last month in a suspected road accident, according to officials.

Kerala: One year imprisonment for burning Tricolou

Kerala: One year imprisonment for burning Tricolou

Rediff.com9 Aug 2008

Headmaster of an upper primary school in Kerala was on Saturday sentenced to one-year imprisonment by a lower court in connection with a case of burning the National Flag on Republic Day in 2005.

78 pc of PMC a/c holders can withdraw full deposit: FM

78 pc of PMC a/c holders can withdraw full deposit: FM

Rediff.com2 Dec 2019

Nirmala Sitharaman said in Lok Sabha that in case of medical emergencies, marriages and other crisis situations, a depositor of the Maharashtra-based PMC Bank can withdraw up to Rs 1 lakh by invoking the 'hardship provisions' of the RBI.

Raju may have left for US for Upaid case

Raju may have left for US for Upaid case

Rediff.com7 Jan 2009

Amid speculation over his whereabouts, B Ramalinga Raju, who stepped down as chairman of Satyam Computer after admitting to financial irregularities, is believed to have left for the United States in connection with a court case.

BCCI claims Dalmiya is out

BCCI claims Dalmiya is out

Rediff.com24 Dec 2006

Reacting to the BCCI's claim, Jagmohan Dalmiya said that he still continues to be Cricket Association of Bengal president.

Lalit Modi transfers stake in Godfrey Phillips to son

Lalit Modi transfers stake in Godfrey Phillips to son

Rediff.com5 Sep 2015

Lalit Modi transferred his 2,000 shares worth Rs 114,000,0 (as of Friday) in his name to son Ruchir Kumar Modi.

Insurance companies likely to soon face GST audits

Insurance companies likely to soon face GST audits

Rediff.com30 Jun 2023

Insurance companies may soon face goods and services tax (GST) audits as tax authorities plan a "deep dive" into their business practices to check for the possibility of a raft of tax-linked irregularities. Several insurance companies are being probed for wrongly availing of the input tax credit without the underlying supply of goods and services based on fake invoices generated by their channel partners and intermediaries. "We want to deep dive into the overall business and see if there are further taxation issues besides commissions, which are already being investigated," a senior official of the Central Board of Indirect Taxes and Customs said.

MSRTC regional manager suspended

MSRTC regional manager suspended

Rediff.com17 Jul 2005

The regional manager of Maharashtra State Road Transport Corporation, Capt V V Ratnaparkhi, has been suspended for his alleged involvement in a recruitment scam, financial irregularities and misuse of official vehicles.