News for 'financial scam'

'God Save Insurance Industry'

'God Save Insurance Industry'

Rediff.com9 Dec 2024

'Some of the astounding proposals, if translated into statutory provisions, would be suicidal.' 'This would not be a wonder cure for increasing insurance penetration and only result in mushrooming growth of players like paan kiosks with deleterious consequences.'

Metropolitan Stock Exchange to raise Rs 120 cr in fresh attempt at revival

Metropolitan Stock Exchange to raise Rs 120 cr in fresh attempt at revival

Rediff.com26 Dec 2024

Metropolitan Stock Exchange of India (MSE) plans to raise Rs 120 crore from investors in an attempt to stay afloat. The beleaguered exchange's board has approved issuance of 1.19 billion equity shares of face value Rs 1 at a premium of Rs 1 through private placements, according to a disclosure on its website.

Rs 900 Crores Cyber Scams Prevented!

Rs 900 Crores Cyber Scams Prevented!

Rediff.com6 Dec 2023

...benefiting 350,000 persons. Also, Trai detected and blocked seven million mobile phone connections involved in cyber fraud and suspicious activities.

'Who Does Not Want To Be Prime Minister?'

'Who Does Not Want To Be Prime Minister?'

Rediff.com27 Dec 2024

'We are going to need more technical people in government.' 'You can't expect a generalist to understand the complicated world of financial engineering.' 'I regret to say that most of our politicians have no competence to deal with these things. Nor is there a willingness to learn.'

Delhi govt suffered Rs 2,000 cr losses due to liquor policy: CAG report

Delhi govt suffered Rs 2,000 cr losses due to liquor policy: CAG report

Rediff.com25 Feb 2025

The report on the alleged liquor scam, a hot button issue in the run-up to the elections, claimed a loss of revenue to the tune of Rs 941.53 crore, saying timely permissions were not taken for opening the liquor vends in non-conforming municipal wards.

Ghost Jobs Are Worse Than No Jobs!

Ghost Jobs Are Worse Than No Jobs!

Rediff.com20 Feb 2025

By staying informed and focusing on legitimate job openings, candidates can navigate the job market more effectively and safeguard their career aspirations.

'Arrest Chitra, find others involved in NSE scam'

'Arrest Chitra, find others involved in NSE scam'

Rediff.com22 Feb 2022

'This issue is related to national security because they were compromising the entire capital markets's core infrastructure by leaking confidential information.' 'What would have happened if the servers had come down?' 'Or some confidential information leaked to terrorists who could have knocked out our capital market?'

How To Avoid Married Men On Dating Apps: 5 Tips

How To Avoid Married Men On Dating Apps: 5 Tips

Rediff.com25 Mar 2025

Watch out for vague relationship statuses, reluctance to share personal details or a pattern of disappearing on weekends and holidays, warns Ravi Mittal, CEO of QuackQuack, an online dating Website.

ED summons Sanjay Raut's brother over 'kichdi' scam links during Covid

ED summons Sanjay Raut's brother over 'kichdi' scam links during Covid

Rediff.com25 Jan 2024

Sandeep Raut has been asked to depose before the central agency at its office in Mumbai next week, they said, adding his statement will be recorded under the Prevention of Money Laundering Act.

Police move to close Rs 25K-cr MSC Bank scam case involving Ajit Pawar

Police move to close Rs 25K-cr MSC Bank scam case involving Ajit Pawar

Rediff.com1 Mar 2024

The court will now decide whether to accept the report or direct the agency to continue the investigation and file a chargesheet.

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".

The Finance Minister Who Changed India

The Finance Minister Who Changed India

Rediff.com28 Dec 2024

Dr Manmohan Singh first embossed himself on the national consciousness when as India's finance minister he flagged off economic reforms which changed this nation forever.

How Dr Singh Changed Stockmarkets

How Dr Singh Changed Stockmarkets

Rediff.com28 Dec 2024

'He will be remembered more for what he did as finance minister -- as someone who functioned well when the political fallout was taken care of.'

Fighting digital fraud: From KYC processes to advanced authentication

Fighting digital fraud: From KYC processes to advanced authentication

Rediff.com10 Feb 2025

In today's rapidly evolving digital payment landscape, security concerns remain a top priority for stakeholders across sectors.

South East Asia-based gangs behind surge in cybercrimes in India: Govt

South East Asia-based gangs behind surge in cybercrimes in India: Govt

Rediff.com23 May 2024

The senior IPS officer said that 45 percent of cyber financial frauds taking place in the country are originating from the South East Asia.

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.

How Dr Manmohan Singh became India's 'reforms' man

How Dr Manmohan Singh became India's 'reforms' man

Rediff.com27 Dec 2024

He drew the roadmap of India's economic reform, unshackled it from the licence raj and pulled it back from the brink when even its gold reserve was pledged.

Indian Parents Risk Savings For Child's Education

Indian Parents Risk Savings For Child's Education

Rediff.com12 Sep 2024

For Indian parents, sending a child abroad for a three-year degree could deplete 48% of their retirement savings, while a four-year degree may consume up to 64%.

Will raise Adani issue in winter session, says Rahul

Will raise Adani issue in winter session, says Rahul

Rediff.com21 Nov 2024

Leader of Opposition Rahul Gandhi on Thursday demanded immediate arrest of industrialist Gautam Adani after the billionaire industrialist was charged in the United States for alleged bribery and fraud.

How To Stay Safe From UPI Frauds

How To Stay Safe From UPI Frauds

Rediff.com2 Dec 2024

Link your UPI app to a separate bank account or wallet that has only a limited sum.

Probe Rs 60,000-crore spectrum scam, says CPI(M)

Probe Rs 60,000-crore spectrum scam, says CPI(M)

Rediff.com6 Nov 2008

The Communist Party of India (Marxist) has demanded an enquiry into what it alleges is a Rs 60,000 crore (Rs 600 billion) financial scam involving the manner in which 2G spectrum was allocated by the ministry of communications.

Delhi to vote on Feb 5, results on Feb 8

Delhi to vote on Feb 5, results on Feb 8

Rediff.com7 Jan 2025

The Election Commission of India has announced that the Delhi Assembly elections will be held on February 5, 2023, with the counting of votes scheduled for February 8. The last date to file nominations is January 17, and the scrutiny of nominations will be done by January 18. Candidates can withdraw their nominations until January 20.

5 Tips To Spot And Dodge A Dating Scam

5 Tips To Spot And Dodge A Dating Scam

Rediff.com28 Jul 2022

If a female user leaves her contact details, her social media handles in her bio or her photos, or she shares it too soon on chat, beware, warns Ravi Mittal, CEO, Quack Quack, an online dating app.

Want To Invest In Crypto? Read This

Want To Invest In Crypto? Read This

Rediff.com16 Dec 2024

Regularly monitor your account for any suspicious activity. Keep your devices updated with the latest security patches to prevent vulnerabilities. Ensure the physical wallet you use is stored securely to avoid loss or theft.

Sebi puts Rs 14 cr fine on 2 IPO scam financiers

Sebi puts Rs 14 cr fine on 2 IPO scam financiers

Rediff.com3 Jun 2011

The two had been accused of making unlawful gains of over 4.94 crore (Rs 49.4 million) by cornering shares of various companies meant for retail individual investors and the penalty is three times of the amount.

ED summons Abhishek Banerjee in 'coal smuggling scam'

ED summons Abhishek Banerjee in 'coal smuggling scam'

Rediff.com30 Aug 2022

The central agency asked Banerjee to appear at its Kolkata office on Friday morning, he said.

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.

2 Uttarakhand officials suspended for Kumbh Mela fake testing scam

2 Uttarakhand officials suspended for Kumbh Mela fake testing scam

Rediff.com27 Aug 2021

Two officials in Uttarakhand have been suspended for their alleged involvement in the fake Covid-19 testing scam during the Kumbh Mela in Haridwar.

Kadak Singh Review: Requiem For The Moaner

Kadak Singh Review: Requiem For The Moaner

Rediff.com8 Dec 2023

ITo steer clear of sanctimonious newspaper stories all your life, and then be saddled with movies like Kadak Singh -- now there's a rotten bit of luck worth moaning about, sighs Sreehari Nair.

Sebi Tightens Grip Against Fraudulent Messages, Apps

Sebi Tightens Grip Against Fraudulent Messages, Apps

Rediff.com30 May 2024

The directions follow a report by the Indian Cyber Crime Coordination Centre, which has seen a new pattern of transnational cyber-enabled financial fraud and investment scam, impersonating as stockbrokers and company executives.

SC rejects SIT probe into electoral bonds scheme

SC rejects SIT probe into electoral bonds scheme

Rediff.com2 Aug 2024

The top court said it cannot order a roving inquiry into purchase of electoral bonds on the assumption that it was quid pro quo for award of contract.

Scam 1992 review

Scam 1992 review

Rediff.com20 Oct 2020

Hansal Mehta's nine-hour drama series Scam 1992 needs to be viewed by everyone, young and old, recommends Moumita Bhattacharya.

Karnataka minister alleges Rs 500 cr IT scam under BJP

Karnataka minister alleges Rs 500 cr IT scam under BJP

Rediff.com9 Nov 2023

The IT-BT minister claimed that the then BJP government did not merely charge a '40 per cent commission', as his party had claimed during the assembly election, but had collected a commission of more than 400 per cent.

'Rakesh Jhunjhunwala Inspires New Investors'

'Rakesh Jhunjhunwala Inspires New Investors'

Rediff.com17 Oct 2024

'More investors now view the stock market as a valuable opportunity, though many still seek quick gains, leading to a rise in futures and options trading.'

Prajwal case: 'People fleeing their homes in Hassan'

Prajwal case: 'People fleeing their homes in Hassan'

Rediff.com22 May 2024

Karnataka Home Minister G Parameshwara has asserted there were no lapses on the part of the government in handling cases relating to the alleged sexual abuse of women by Hassan MP Prajwal Revanna and that the Special Investigation Team was probing them from all angles.

Tatas may choose Singapore as key partner for semiconductor play

Tatas may choose Singapore as key partner for semiconductor play

Rediff.com8 Nov 2024

Tata Sons will likely choose Singapore as a "key partner" for its semiconductor plans, a senior minister from the city-state said on Friday. Speaking to reporters after a meeting with Tata Sons chairman N Chandrasekaran earlier in the day, Singapore's minister for home affairs and law K Shanmugam said semiconductors was a "big discussion" point during the meeting. "If they (Tatas) want to, they can do business with anybody in the world.

Chhattisgarh man sent to Laos for 'cyber slavery', 3 held

Chhattisgarh man sent to Laos for 'cyber slavery', 3 held

Rediff.com9 Oct 2024

Police have arrested three persons from Mumbai, including a woman, for allegedly trafficking a man from Chhattisgarh's Durg district for 'cyber slavery' in Laos in southeast Asia and cheating him of Rs 2 lakh, an official said on Wednesday.

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.

Rotomac bank fraud: CBI files FIR in scam worth Rs 3,695 cr

Rotomac bank fraud: CBI files FIR in scam worth Rs 3,695 cr

Rediff.com19 Feb 2018

According to a complaint from Bank of Baroda, the conspirators allegedly cheated a consortium of bank loans of Rs 3,695 crore. The scam was earlier estimated at around Rs 800 crore.

CEO, CFO of scam-hit Karvy arrested

CEO, CFO of scam-hit Karvy arrested

Rediff.com2 Sep 2021

Hyderabad police on Thursday arrested two senior executives of scam-hit Karvy Stock Broking Pvt Ltd for allegedly involving in diverting funds raised from banks by pledging clients' securities as collaterals. According to a police press release, Rajiv Ranjan Singh, chief executive officer and G. Krishna Hari chief financial officer of Karvy were arrested basing on a complaint by IndusInd bank.