News for 'financial irregularities'

Remarks against Jaitley based on info from Kejriwal: Kumar Vishwas to HC

Remarks against Jaitley based on info from Kejriwal: Kumar Vishwas to HC

Rediff.com3 May 2018

Vishwas said before making an apology, he wants to know if Kejriwal lied earlier.

EPL: FIFA deny Chelsea request to freeze transfer ban

EPL: FIFA deny Chelsea request to freeze transfer ban

Rediff.com8 Mar 2019

Chelsea may still take their case to the Court of Arbitration for Sport, as other clubs have done in the past.

Will sub-par monsoon dent market sentiment?

Will sub-par monsoon dent market sentiment?

Rediff.com22 Apr 2023

While weather forecasters remain divided on how the monsoons will play out in India over the next few months, analysts believe the news at the current juncture - at best - can trigger a knee-jerk reaction in the markets. They believe it is too early to say whether the sub-par monsoon on account of El Nino can seriously dent the market sentiment in the short-to-medium term. "These are just initial forecasts and we will have another round / status update from the weather forecasters a month down the line.

Vijay Mallya saga: SFIO seeks loan details from banks

Vijay Mallya saga: SFIO seeks loan details from banks

Rediff.com26 Jun 2016

As a multi-disciplinary organisation, SFIO probes cases of financial frauds that are referred to it by Corporate Affairs Ministry

Interpol questions Red-Corner Notice against Mallya

Interpol questions Red-Corner Notice against Mallya

Rediff.com6 Jun 2016

The enforcement agency had received queries from the Interpol to this effect in May last week.

French expose claims 1.1mn euro kickback in Rafale deal

French expose claims 1.1mn euro kickback in Rafale deal

Rediff.com5 Apr 2021

The Congress on Monday sought a thorough probe in the Rafale defence deal and demanded answers from Prime Minister Narendra Modi, after a French media report claimed that 1.1 million (Rs 9.5 crore) was paid to a "middleman" by the aircraft manufacturer.

ACB files FIR against firm owned by Kejriwal's relative in PWD scam

ACB files FIR against firm owned by Kejriwal's relative in PWD scam

Rediff.com9 May 2017

The Delhi Anti-Corruption Branch on Tuesday registered three separate FIRs in an alleged PWD scam, including one against the company of Delhi Chief Minister Arvind Kejriwal's late brother-in-law Surender Kumar Bansal.

'Whistleblower' navy sailor illegally detained?

'Whistleblower' navy sailor illegally detained?

Rediff.com25 Oct 2014

Wife of a navy sailor belonging to the Eastern Naval Command, who had raised allegations of financial irregularities against his senior officers, has alleged that her husband was being illegally kept in a hospital in Kochi and efforts were being made to establish that he was suffering from mental illness.

Govt orders probe against Jet for alleged fraud

Govt orders probe against Jet for alleged fraud

Rediff.com4 Jul 2019

Serious Fraud Investigation Office will probe the airline for instances of fund diversions and large-scale irregularities.

ED grills Rhea Chakraborty's brother; calls her again on Monday

ED grills Rhea Chakraborty's brother; calls her again on Monday

Rediff.com9 Aug 2020

The ED's line of questioning, officials said, is revolving around Rhea's income, investments, business and professional deals, and links.

DHFL case: Auditor flags fake deals worth Rs 12,705 cr

DHFL case: Auditor flags fake deals worth Rs 12,705 cr

Rediff.com28 Sep 2020

This pertains to certain irregularities in loan disbursements towards the development of two Slum Rehabilitation Authority projects undertaken by the company in the past.

ED questions Rahul Gandhi for over 10 hrs, summons him again

ED questions Rahul Gandhi for over 10 hrs, summons him again

Rediff.com13 Jun 2022

Congress leader Rahul Gandhi was questioned for over 10 hours by the Enforcement Directorate in a money-laundering probe linked to the National Herald newspaper and was called to depose again on Tuesday, as his party protested across the country, alleging that the Centre was targeting the Opposition by misusing agencies.

Kingfisher Airlines' brand valuation under SFIO scanner

Kingfisher Airlines' brand valuation under SFIO scanner

Rediff.com16 Mar 2016

SFIO is looking into the role of Grant Thornton LLP which had valued the brand.

Hold time-bound probe, punish the guilty, says Mamata on minister's arrest

Hold time-bound probe, punish the guilty, says Mamata on minister's arrest

Rediff.com25 Jul 2022

Banerjee slammed the opposition for a "malicious campaign" launched against her, asserting that she does not support corruption.

Centre scraps Delhi govt's DDCA probe panel, says its 'illegal'

Centre scraps Delhi govt's DDCA probe panel, says its 'illegal'

Rediff.com8 Jan 2016

The Centre has declared as "unconstitutional and illegal" the constitution of an inquiry commission into the DDCA affairs by the Delhi government.

Jharkhand suspends mining secretary Pooja Singhal arrested for MGNREGS scam

Jharkhand suspends mining secretary Pooja Singhal arrested for MGNREGS scam

Rediff.com12 May 2022

Jharkhand mining secretary Pooja Singhal, earlier arrested and remanded to the custody of the ED in a suspected money laundering case, was suspended by the Jharkhand government on Thursday, an official said.

Adidas plans revival of fraud-hit Reebok biz in India

Adidas plans revival of fraud-hit Reebok biz in India

Rediff.com11 Jun 2013

The German sportswear maker has brought Haskell, who played a key role in writing the growth story for Adidas in China, to give Reebok's India business a 'fresh start' after the alleged Rs 870-crore (Rs 8.7-billion) fraud by former managing director Subhinder Singh Prem and chief operating officer Vishnu Bhagat.

What reputation? Arun Jaitley lost by 1 lakh votes: Kejriwal

What reputation? Arun Jaitley lost by 1 lakh votes: Kejriwal

Rediff.com12 Jan 2016

Arvind Kejriwal said that Arun Jaitley's claim that he holds high public character was "frivolous".

Golfer Randhawa sent to 14-day judicial custody in poaching case

Golfer Randhawa sent to 14-day judicial custody in poaching case

Rediff.com26 Dec 2018

Ace golfer Jyoti Randhawa was arrested on Wednesday on charges of poaching in the Dudhwa Tiger Reserve protected area in Uttar Pradesh.

Saradha agents earned 35% commission on deals: ED

Saradha agents earned 35% commission on deals: ED

Rediff.com9 Jun 2014

ED, which has been probing the alleged financial irregularities and cheating by Saradha group of companies, has also detected that a high interest rate of 18 per cent was assured to investors if they invested in the groups' schemes for a period of 3-5 years, the probe report said.

Bain sues EY in US court for $60-mn loss in Lilliput

Bain sues EY in US court for $60-mn loss in Lilliput

Rediff.com14 Jun 2014

Bain alleges that it invested around $60 mn based on false financial statements that EY had audited and certified

Sebi seeks UK's help to nail 'fund diversion' at United Spirits

Sebi seeks UK's help to nail 'fund diversion' at United Spirits

Rediff.com18 Aug 2016

Wants details of Vijay Mallya transactions over 4 years

ED uncovers Rs 1.43 cr with Jharkhand IAS officer, hubby in MGNREGA scam

ED uncovers Rs 1.43 cr with Jharkhand IAS officer, hubby in MGNREGA scam

Rediff.com8 May 2022

The 39-year-old was arrested by the Enforcement Directorate from Ranchi after the agency conducted multi-city raids against him, Singhal, her businessman husband Abhishek Jha and others, on May 6.

Day 3: ED grills Rahul for 8 hrs, summons him again on Friday

Day 3: ED grills Rahul for 8 hrs, summons him again on Friday

Rediff.com15 Jun 2022

Congress leader Rahul Gandhi appeared before the Enforcement Directorate (ED) on Wednesday for the third consecutive day of questioning in the National Herald money laundering case, with the agency seeking answers on decisions taken with regard to the media organisation and its owner Young Indian.

The Race To Be Called Visionary

The Race To Be Called Visionary

Rediff.com17 Feb 2023

Unfortunately, in India, infrastructure projects are lost in a miasma of political and personal vanity, observes Shyam G Menon.

ED to soon slap penalty notices in 16 cases against Lalit Modi

ED to soon slap penalty notices in 16 cases against Lalit Modi

Rediff.com15 Jun 2015

The ED is in the process of serving final penalty notices in 16 alleged forex violation cases amounting to an estimated Rs 1,700 crore against former IPL Chairman Lalit Modi and others as part of its wide-ranging probe in the alleged financial irregularities in various editions of the T-20 cricket extravaganza.

Sushant case: ED summons Goa businessman; NCB gathers details

Sushant case: ED summons Goa businessman; NCB gathers details

Rediff.com28 Aug 2020

Officials said Gaurav Arya, who runs a hotel in the coastal state, has been asked to depose before the central probe agency at its office in the Ballard Estate area of Mumbai on August 31.

Karnataka HC calls for govt report on radical outfits behind hijab row

Karnataka HC calls for govt report on radical outfits behind hijab row

Rediff.com25 Feb 2022

The Karnataka high court on Friday said it has called for a report from the state government on the role of radical organisations behind the hijab controversy in the state.

CBI registers FIR against Manish Sisodia in 'snooping case'

CBI registers FIR against Manish Sisodia in 'snooping case'

Rediff.com17 Mar 2023

The agency has booked Sisodia, a 1992-batch IRS officer Sukesh Kumar Jain who was then secretary of vigilance, retired CISF DIG Rakesh Kumar Sinha who was working as special advisor to Chief Minister Arvind Kejriwal and joint director in the Feedback Unit, they said.

Raut got Rs 1 cr as proceeds of crime: ED; court remands him till Aug 4

Raut got Rs 1 cr as proceeds of crime: ED; court remands him till Aug 4

Rediff.com1 Aug 2022

A special court in Mumbai on Monday remanded Shiv Sena leader Sanjay Raut to the custody of the Enforcement Directorate (ED) till August 4 in a money laundering case.

FIR against Assam CM for poll code violation

FIR against Assam CM for poll code violation

Rediff.com11 Apr 2016

FIR was registered against Assam CM Gogoi for poll code violation for holding a press conference when the second and final phase of assembly polls in the states were on

Court to hear DDCA defamation plea on March 10

Court to hear DDCA defamation plea on March 10

Rediff.com23 Feb 2016

A Delhi court on Tuesday fixed March 10 for hearing a criminal defamation complaint filed by the Delhi and District Cricket Association and its vice president Chetan Chauhan against Chief Minister Arvind Kejriwal and suspended Bharatiya Janata Party MP Kirti Azad.

Adamant Lalit Modi claims, 'I will have the last call'

Adamant Lalit Modi claims, 'I will have the last call'

Rediff.com25 Sep 2013

Banned for life from India's cricket establishment, a beleagured former IPL boss Lalit Modi is not ready to throw in the towel yet.

HC orders CBI probe into MNREGA bungling in UP

HC orders CBI probe into MNREGA bungling in UP

Rediff.com31 Jan 2014

Taking serious note of the rampant corruption in the implementation of the Mahatma Gandhi National Rural Employment Guarantee Act in Uttar Pradesh, the Lucknow bench of Allahabad high court on Friday ordered a Central Bureau of Investogation probe into the alleged large scale financial bungling brought to its notice through a public interest litigation, moved by local journalist Sachchidanand Gupta .

HC seeks CBI's stand on former NSE boss Chitra Ramkrishna's bail plea in co-location case

HC seeks CBI's stand on former NSE boss Chitra Ramkrishna's bail plea in co-location case

Rediff.com20 May 2022

The Delhi high court on Friday sought response from the Central Bureau of Investigation (CBI) on the bail plea by former managing director and chief executive officer of the National Stock Exchange (NSE) Chitra Ramkrishna in connection with the co-location case. Justice Sudhir Kumar Jain issued notice on the bail application and listed the case for further hearing on May 31. The trial court had dismissed the bail plea of the former NSE boss on May 12 and said that no ground for bail was made out at this stage.

Rs 62,000 Crore GST Evasion Detected

Rs 62,000 Crore GST Evasion Detected

Rediff.com26 Dec 2022

'There are unscrupulous traders who create fake invoices by showing bogus e-way bills, movement of goods.' 'Since the entities registered across different states, and kept on changing their numbers, tracing them was difficult.'

Will ED next summon Nehru in National Herald case, asks Raut

Will ED next summon Nehru in National Herald case, asks Raut

Rediff.com5 Jun 2022

In a stinging attack on the Bharatiya Janata Party-led central government, Shiv Sena member of Parliament Sanjay Raut on Sunday said it wouldn't be surprising if the Enforcement Directorate issues summons against former prime minister Jawaharlal Nehru in the National Herald newspaper case and paste the notice on his memorial.

What Went Wrong at Axis Mutual Fund

What Went Wrong at Axis Mutual Fund

Rediff.com24 May 2022

Following the money and freezing anything unaccounted is the only way to set an example for others, suggests Debashis Basu.

Modi asks BCCI to adjourn SGM

Modi asks BCCI to adjourn SGM

Rediff.com25 Sep 2013

Embroiled in a legal tussle with the BCCI, former IPL commissioner Lalit Modi has requested the Cricket Board to adjourn its Special General Meeting, where he could be handed a life ban, till the matter was sub-judice.

All about wilful fraudsters and errant banks

All about wilful fraudsters and errant banks

Rediff.com21 Jan 2016

Banks cannot shirk their responsibility in cases of frauds.