News for 'financial irregularities'

SC upholds rights of Travancore royals over Padmanabhaswamy temple

SC upholds rights of Travancore royals over Padmanabhaswamy temple

Rediff.com13 Jul 2020

The SC set aside the 2011 verdict of the Kerala high court which had directed the state to set up a trust to take control of management and assets of the historic Sree Padmanabhaswamy Temple.

Should Mallya continue on the Sanofi board?

Should Mallya continue on the Sanofi board?

Rediff.com28 Apr 2015

Sanofi India is seeking approval of the shareholders for perpetuity.

Gautam Thapar, three others banned from markets over CG Power fraud

Gautam Thapar, three others banned from markets over CG Power fraud

Rediff.com18 Sep 2019

Sebi said Thapar-promoted and -related entities owed Rs 1,723.19 crore as receivables to the company, while connected parties owed another Rs 462.74 crore.

#SelfieWithDaughter: The man who started it all

#SelfieWithDaughter: The man who started it all

Rediff.com6 Jul 2015

Last month, Sunil Jaglan launched the "selfie with daughter campaign", asking parents from all across the country to send in selfies clicked with their daughters. Much to Jaglan's astonishment, his selfie initiative found mention in Modi's Mann Ki Baat radio address. his phone hasn't stopped ringing ever since

'Lele's administrative capabilities were excellent'

'Lele's administrative capabilities were excellent'

Rediff.com20 Sep 2013

The Board of Control for Cricket in India (BCCI) on Friday condoled the death of Jaywant Lele, the diminutive former BCCI secretary during whose tenure the match-fixing scandal broke out in 2000, and who passed away at his residence in Vadodara following a massive heart attack.

No question of govt taking over NSEL: Chidambaram

No question of govt taking over NSEL: Chidambaram

Rediff.com14 Oct 2013

National Spot Exchange Limited, promoted by Jignesh Shah-led Financial Technologies, is facing payment crisis of Rs 5,600 crore (Rs 56 billion).

3 lakh de-registered firms under I-T lens for money laundering

3 lakh de-registered firms under I-T lens for money laundering

Rediff.com29 Mar 2019

A senior official said CBDT has inputs that a number of these companies possibly indulged in tax crimes and once this is established, the department will initiate action against them for indulging in money laundering and tax evasion.

Raj Thackeray grilled by ED in money laundering case

Raj Thackeray grilled by ED in money laundering case

Rediff.com23 Aug 2019

The ED has summoned Raj in a case pertaining to alleged irregularities related to Infrastructure Leasing and Financial Services loan to Kohinoor CTNL.

Want to buy ULIPs? Read this

Want to buy ULIPs? Read this

Rediff.com15 Feb 2021

Stick to low-cost ULIPs launched in the past few years. Go with an insurer with a good investment team and solid track record of long-term returns, suggests Sanjay Kumar Singh.

DDCA case: Kejriwal gets bail after appearing before court

DDCA case: Kejriwal gets bail after appearing before court

Rediff.com21 Mar 2017

The court said that the offence of defamation was bailable and granted bail to Kejriwal on furnishing a personal bond of Rs 10,000 and a surety of the like amount.

CBI files FIR in Air India software procurement 'scam'

CBI files FIR in Air India software procurement 'scam'

Rediff.com13 Jan 2017

The CVC had asked the CBI to probe the 'irregularities in the tendering process and award of contract and undue benefit caused to the SAP/IBM'.

Do not park too much money in co-operative banks

Do not park too much money in co-operative banks

Rediff.com13 Nov 2019

Do not go for riskier options like co-operative bank only for the higher return. Even if you go for them, park only a small portion of your capital there, say Tinesh Bhasin and Sanjay Kumar Singh.

MDs on 'forced' leave, but its business as usual for ICRA and Care Ratings

MDs on 'forced' leave, but its business as usual for ICRA and Care Ratings

Rediff.com26 Jul 2019

The reason for both the officials being sent on leave is the same - an anonymous complaint received by the market regulator against the agency.

'Had Nitish done his job, the girls would have been safe'

'Had Nitish done his job, the girls would have been safe'

Rediff.com4 Sep 2018

'The government failed. The officials chose not to hear the pleas of these helpless children.' 'Nothing can make things right for those girls now.'

Mallya's sole regret: Kingfisher is not flying when oil is cheap!

Mallya's sole regret: Kingfisher is not flying when oil is cheap!

Rediff.com3 Mar 2016

Vijay Mallya who inherited the UB Group from his father as a young 28-year-old, said he has got "nothing to prove".

PM backs Jaitley, says he will come through with flying colours

PM backs Jaitley, says he will come through with flying colours

Rediff.com22 Dec 2015

In a strong show of support for Arun Jaitley, Prime Minister Narendra Modi on Tuesday said the finance minister will come through "with flying colours" against charges of corruption levelled against him by the opposition in the same way L K Advani did in the Hawala case.

PNB fraud: CBI to file chargesheet in May

PNB fraud: CBI to file chargesheet in May

Rediff.com27 Apr 2018

In all, 292 allegedly fraudulent LoUs and 224 foreign letters of credit were generated and money sanctioned to Nirav Modi's companies since 2011

Separatist leader Geelani quits Hurriyat, flags lack of accountability

Separatist leader Geelani quits Hurriyat, flags lack of accountability

Rediff.com29 Jun 2020

He has been politically inactive of late, particularly since the abrogation of Article 370 in August last year which had far-reaching consequences for the erstwhile state of Jammu and Kashmir. He has been politically inactive of late, particularly since the abrogation of Article 370 in August last year which had far-reaching consequences for the erstwhile state of Jammu and Kashmir.

Ex-secretary gets bail in coal block allotment case

Ex-secretary gets bail in coal block allotment case

Rediff.com7 Feb 2017

Former coal secretary H C Gupta and six others were on Tuesday granted bail by a special court New Delhi in connection with a case related to alleged irregularities in the allocation of a Chhattisgarh-based coal block to SKS Ispat and Power Ltd. All the seven accused persons were granted the bail on a personal bond of Rs 1 lakh and one surety of a like amount.

30,000 individuals under I-T lens for remitting money abroad

30,000 individuals under I-T lens for remitting money abroad

Rediff.com31 Oct 2019

The department apparently suspects the use of shell firms or front entities in some aspects of such remittance. Money might, it suspects, have moved in some cases from tax-free jurisdictions or tax havens to accounts in the UAE and some South Asian countries.

Explain how money was taken away under your nose: Rahul to PM on bank fraud

Explain how money was taken away under your nose: Rahul to PM on bank fraud

Rediff.com24 Feb 2018

'Under Modi Ji's 'Jan Dhan Loot Yojana', another scam!' he tweeted.

Govt waived anti-corruption clauses before Rafale deal: Report

Govt waived anti-corruption clauses before Rafale deal: Report

Rediff.com11 Feb 2019

The Centre also overruled financial advisers' recommendations for making payments through an escrow account, an important safeguard in the absence of a sovereign or bank guarantee, The Hindu has reported.

Over Rs 86,600 crore fraud probe against Sahara

Over Rs 86,600 crore fraud probe against Sahara

Rediff.com3 Sep 2020

All four societies were under common management of the Sahara group and had collectively garnered Rs 86,673 crore, including more than Rs 47,000 crore collected by Sahara Credit Cooperative Society Ltd from nearly 4 crore depositors.

The man behind PM's #selfiewithdaughter campaign

The man behind PM's #selfiewithdaughter campaign

Rediff.com4 Jul 2015

"It feels good to be praised," says Jaglan, the man who came up with the campaign.

Who's palace is it? Congress steps up attack against Raje, son

Who's palace is it? Congress steps up attack against Raje, son

Rediff.com30 Jun 2015

Ramesh released some fresh documents including one of 1949 which showed that the Dholpur Palace was owned by the Rajasthan government.

'DDCA scam': Delhi government appoints inquiry commission

'DDCA scam': Delhi government appoints inquiry commission

Rediff.com21 Dec 2015

The one-member commission of inquiry under former solicitor general Gopal Subramanium will probe the alleged irregularities in DDCA.

ICICI UK arm accused of mistreating whistleblower

ICICI UK arm accused of mistreating whistleblower

Rediff.com15 Dec 2009

According to the report in the Financial Times, the bank tried immediately to repatriate the dealer, S Kapoor, to India against his wishes after it was confirmed that he had informed the UK Financial Services Authority about alleged irregularities.

Sebi tightens disclosure norms for credit rating agencies

Sebi tightens disclosure norms for credit rating agencies

Rediff.com13 Jun 2019

Issuing guidelines for enhanced disclosures by CRAs, the watchdog has called for having a uniform Standard Operating Procedure in respect of tracking and timely recognition of default.

US SEC to seek Sebi's cooperation 'crack' Infosys case

US SEC to seek Sebi's cooperation 'crack' Infosys case

Rediff.com25 Oct 2019

Infosys said it is also "aware of a securities class action lawsuit" that has been filed against the company in a federal court in the US, based on the generalised allegations in the anonymous complaints. The company intends to defend itself vigorously in such a lawsuit.

Adidas takes Rs 1,090 crore hit due to Reebok India

Adidas takes Rs 1,090 crore hit due to Reebok India

Rediff.com7 Mar 2013

Last year, Reebok India had filed an FIR alleging Rs 870 crore fraud by its former MD.

Warning signs your ATM is NOT safe

Warning signs your ATM is NOT safe

Rediff.com28 May 2019

Before inserting your card, always check for any signs of tampering on the ATM machine, warns Aditya Shankar.

Lalit Modi guilty of 'misconduct, indiscipline'; banned for life by BCCI

Lalit Modi guilty of 'misconduct, indiscipline'; banned for life by BCCI

Rediff.com25 Sep 2013

Suspended Indian Premier League chief Lalit Modi has been banned for life by the Board of Control for Cricket in India on Wednesday.

Soccer Extras: City earn record revenue for 2018-19

Soccer Extras: City earn record revenue for 2018-19

Rediff.com20 Nov 2019

News of all that's transpired on and off the football field

Chautala's statement doesn't deserve reaction: Bindra

Chautala's statement doesn't deserve reaction: Bindra

Rediff.com7 Sep 2013

Ace shooter Abhinav Bindra refused to react to the personal attack launched against him by Indian Olympic Association (IOA) president Abhey Singh Chautala, saying the remarks made by the suspended body's chief do not deserve a rebuttal.

Sebi warns MFs on 23 lapses in FY17

Sebi warns MFs on 23 lapses in FY17

Rediff.com2 Aug 2019

Sebi pointed out instances of misleading the investors by reporting incorrect data on investor complaints, instances of inappropriate utilisation of funds meant for investor education, such as spending on programmes meant for financial advisors, charging of expenses to the said funds for stationery items such as notebooks, planners and calendars, and charging of expenses without adequate records.

Coal scam: CBI questions Arvind Jayaswal

Coal scam: CBI questions Arvind Jayaswal

Rediff.com17 Sep 2012

The Central Bureau of Investigation on Monday questioned Arvind Jayaswal, director AMR Iron and Steel Private Limited, in connection with alleged irregularities in allocation of Bander coal block in Maharashtra to the company.

Work in the gig economy? Read this

Work in the gig economy? Read this

Rediff.com11 Jul 2018

Don't worry about volatile, erratic cash flows, freelancers. Vishal Dhawan explains how you can invest and achieve your financial goals despite irregular income.

CWG: Govt refuses follow-up information on Shunglu report

CWG: Govt refuses follow-up information on Shunglu report

Rediff.com6 Oct 2011

Government has declined to disclose details of follow-up action on the Shunglu Committee report on large scale financial and managerial irregularities in Commonwealth Games related projects.

ED books Dr Naresh Trehan, others for money-laundering

ED books Dr Naresh Trehan, others for money-laundering

Rediff.com10 Jun 2020

The Enforcement Directorate (ED) has filed a money-laundering case against renowned cardiologist Dr Naresh Trehan and others in connection with allotment of land for the Medanta Hospital in Gurgaon, officials said on Wednesday.

Indiabulls plan legal action as report sinks shares

Indiabulls plan legal action as report sinks shares

Rediff.com8 Aug 2012

Shares of Indiabulls Real Estate fell by over 12 per cent, Indiabulls Financial Services by 11 per cent, Indiabulls Power Ltd by 11.8 per cent and Indiabulls securities by about five per cent.