News for 'financial scams'

ED arrests Agusta middleman Christian Michel, gets 7-day custody

ED arrests Agusta middleman Christian Michel, gets 7-day custody

Rediff.com22 Dec 2018

A special court denied Christian Michel bail in the related Central Bureau of Investigation case.

'India has 42 mn cyber crime victims every year'

'India has 42 mn cyber crime victims every year'

Rediff.com24 Jun 2013

According to the report, there are 42 million cyber crime victims every year on a pan-India basis. During the last year, 52 per cent of such victims had suffered attacks such as malware, viruses, hacking, scams, fraud and theft.

Naveen Patnaik: Calm visage masks nerves of steel

Naveen Patnaik: Calm visage masks nerves of steel

Rediff.com29 May 2019

Patnaik's image of a "clean and honest" politician is widely regarded as the reason why he was able to withstand a spirited challenge thrown by the Bharatiya Janata Party, analysts say of perhaps the lone regional satrap who cannot even properly speak the language of his native state.

Government suspends IOA for appointing Kalmadi, Chautala

Government suspends IOA for appointing Kalmadi, Chautala

Rediff.com30 Dec 2016

Cracking the whip on the Indian Olympic Association (IOA), the Sports Ministry on Friday suspended the Olympic body till the time it reverses the decision to appoint the scam tainted duo of Suresh Kalmadi and Abhay Singh Chautala its Life Presidents.

How to have a holiday free from cyber threat

How to have a holiday free from cyber threat

Rediff.com22 Dec 2014

For a little over two weeks, a group called 'Guardians of Peace' released a new bit of leaked information about Sony almost every day.

'Rs 77,000 cr bank loan fraud took place under Modi'

'Rs 77,000 cr bank loan fraud took place under Modi'

Rediff.com29 May 2018

'Last year, Rs 20,000 crore was ripped off from the banking system.' 'The situation has deteriorated under the Modi government.'

Replaced officer will continue to handle chopper case: DefMin

Replaced officer will continue to handle chopper case: DefMin

Rediff.com30 Nov 2013

The ministry had on Friday decided to replace Chatterjee as joint secretary and acquisition manager (Air), in-charge of handling the chopper deal, which is facing cancellation in view of bribery allegations, and the multi-billion dollar 126 combat aircraft deal of the Air Force.

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.

As 99% banned notes return, Opposition takes on PM

As 99% banned notes return, Opposition takes on PM

Rediff.com30 Aug 2017

Chidambaram questioned the Narendra Modi government whether its demonetisation decision was designed to convert black money into white.

Note ban: PAC says PM will not be called

Note ban: PAC says PM will not be called

Rediff.com13 Jan 2017

The decision came after a storm was kicked up by the ruling party members on Thomas' statement earlier this week that the PAC can call the PM to depose on the note ban issue.

NSEL payment crisis: Investors pin hopes on govt

NSEL payment crisis: Investors pin hopes on govt

Rediff.com28 May 2014

The investors write to new finance minister; say refunds, not arrests, their priority.

Golden tips to avoid Phishing-Vishing

Golden tips to avoid Phishing-Vishing

Rediff.com11 Nov 2016

The banking, financial services and insurance sector was the most targeted by scamsters, says Indeevar Krishna, head, operations and customer service, Max Life Insurance

Cash crunch: 'Printing of Rs 500 notes to be increased 5 times'

Cash crunch: 'Printing of Rs 500 notes to be increased 5 times'

Rediff.com17 Apr 2018

Currently the currency in stock is about Rs 2 lakh crore and the reserves are adequate to meet any unusual spurt in demand

The Lokpal is no magic wand to fight corruption

The Lokpal is no magic wand to fight corruption

Rediff.com8 Jan 2014

A more informed electorate, rather than the Lokpal, can fight corruption better, argues Neeta Kolhatkar.

Saradha auditor still at large, watchdog awaits report

Saradha auditor still at large, watchdog awaits report

Rediff.com29 Nov 2014

The CA insitute had asked the SFIO numerous times for details against the auditor, but it has not been furnished till now

SEC raps Network Associates CFO Prabhat Goyal

SEC raps Network Associates CFO Prabhat Goyal

Rediff.com17 Jun 2004

Prabhat K Goyal, CFO, Network Associates, faces criminal charges for an accounting scam that duped investors by inflating the company's sales figures.

What's phishing? How to be safe?

What's phishing? How to be safe?

Rediff.com20 Dec 2004

Phishing means sending an e-mail that falsely claims to be from a particular enterprise (like your bank) and asking for sensitive financial information.

Karti Chidambaram summoned in money laundering case

Karti Chidambaram summoned in money laundering case

Rediff.com5 Jul 2016

The probe pertains to firms identified as Advantage Strategic Consulting Private Limited and Chess Global Advisory Services Pvt Ltd, where Karti had been a director

Choosing a broker: Do's and Don'ts

Choosing a broker: Do's and Don'ts

Rediff.com17 Sep 2004

As much as stock selection is a systematic and an extremely essential aspect to equity investing, so is choosing the right broker.

Indiabulls to list real estate arm

Indiabulls to list real estate arm

Rediff.com2 May 2006

7-year-jail, Rs 5 crore fine, for Satyam founder Ramalinga Raju

7-year-jail, Rs 5 crore fine, for Satyam founder Ramalinga Raju

Rediff.com9 Apr 2015

Charges against Raju and others include criminal conspiracy and forgery.

Congress workers burn PM, Swaraj effigies over Modigate

Congress workers burn PM, Swaraj effigies over Modigate

Rediff.com17 Jun 2015

The protesters started marching towards the PM's residence shouting slogans and holding anti-government placards.

Meet RBI's man for all seasons

Meet RBI's man for all seasons

Rediff.com26 Feb 2018

Y H Malegam, 80, will head the panel that will look into non-performing bank assets and their relation to the Rs 114-bn PNB scam.

Govt preparing game plan to check corporate frauds: Pilot

Govt preparing game plan to check corporate frauds: Pilot

Rediff.com11 Sep 2013

The measures needed for implementing this new system would start rolling in few weeks, the minister added.

India's exports grew 20% in May, but there's a downside

India's exports grew 20% in May, but there's a downside

Rediff.com16 Jun 2018

Despite the 6-month high, trade deficit has widened to a four-month high of $14.62 billion, as imports rose by 14.85 per cent during the month, reports Subhayan Chakraborty.

PNB fraud: ED raids shell firms; I-T attaches Rs 145 cr assets

PNB fraud: ED raids shell firms; I-T attaches Rs 145 cr assets

Rediff.com21 Feb 2018

The Enforcement Directorate on Wednesday continued raids for the seventh day as it visited 17 locations across the country, including four shell companies in Mumbai, even as the Income Tax department attached assets worth Rs 145 crore in the alleged Rs 11,400-crore Punjab National Bank fraud.

70 Vyampam accused write to Prez seeking bail or nod to end lives

70 Vyampam accused write to Prez seeking bail or nod to end lives

Rediff.com9 Aug 2015

The 70 accused have been arrested on charge of cracking the pre-medical test conducted by scam-ridden Vyapam, using unfair means.

Natwar's son denies knowledge of deals

Natwar's son denies knowledge of deals

Rediff.com6 Nov 2005

On being asked whether he knew Sehgal, he told reporters, "Andaleep Sehgal is also our acquaintance but as far as his business, his trade or his financial transactions are concerned I am not familiar with it.

Chopper probe: Enforcement Directorate tracks cash

Chopper probe: Enforcement Directorate tracks cash

Rediff.com5 May 2016

Widening its probe in the Rs 3,600 crore VVIP chopper deal, the ED has begun a trail of "cash" which is suspected to have been paid as alleged kickbacks.

Why GDP growth is likely to slow to 7.2-7.3% in Q2 of FY19

Why GDP growth is likely to slow to 7.2-7.3% in Q2 of FY19

Rediff.com20 Nov 2018

The services sector, which plays the biggest role in shaping the economy, is facing loads of issues currently. The largest segments, financial and real estate, are struggling to cope with bad debts and low demand for houses.

FinMin mulls splitting CMD post for PSU banks

FinMin mulls splitting CMD post for PSU banks

Rediff.com25 Aug 2014

The posts of Chairman and MD in the private sector are held separately.

Bandhan CMD: 'We have 28 million MSMEs to who we can lend'

Bandhan CMD: 'We have 28 million MSMEs to who we can lend'

Rediff.com19 Jun 2015

'If 99.99 per cent of these micro borrowers are good at repaying their loans, why can't we look at the SMEs and MSMEs and replicate the same model for them with our stringent risk management system,' Chandra Shekhar Ghosh, chairman and managing director of India's newest private sector bank, tells Prasanna D Zore/Rediff.com.

Rs 2,00,00,00,00,000 'laundered' through penny stocks

Rs 2,00,00,00,00,000 'laundered' through penny stocks

Rediff.com24 Dec 2014

Capital markets regulator, I-T department suspect tax evasion and market manipulation

Home Trade officials arrested

Home Trade officials arrested

Rediff.com26 Aug 2003

The Delhi police have arrested top officials of Home Trade allegedly involved in the multi-crore government securities scam that shook the financial sector last year.

Meet Kejriwal's trusted men

Meet Kejriwal's trusted men

Rediff.com2 Jan 2016

Aam Aadmi Party spokespersons, Ashutosh, Ashish Khetan and Raghav Chadha, are adept at turning issues on their head and putting up a good offence in their defence.

Want to be be rich? Be disciplined like a sportsman

Want to be be rich? Be disciplined like a sportsman

Rediff.com9 Dec 2014

When you talk about finances, you need to have a goal to invest.

Prudential Bank director dies in judicial custody

Prudential Bank director dies in judicial custody

Rediff.com12 Apr 2003

Director of the scam-tainted Prudential Co-operative Urban Bank, Krishna Kumar died in judicial custody on Saturday morning after complaining of chest pain, police said.

TMC meets Prez for third time, calls note ban 'super emergency'

TMC meets Prez for third time, calls note ban 'super emergency'

Rediff.com11 Jan 2017

Trinamool Congress MPs accused the Modi government of having imposed a "super emergency" by launching the exercise and engaging in "vendetta politics" by arresting two party lawmakers after it opposed the "draconian" move.

NE suffering from infiltration due to Congress policies: PM

NE suffering from infiltration due to Congress policies: PM

Rediff.com30 Mar 2019

'You had earlier sent a Prime Minister from Assam (referring to Manmohan Singh) whom people do not even remember now'