News for 'financial scams'

RBI tells PNB to pay up LoU dues to other banks

RBI tells PNB to pay up LoU dues to other banks

Rediff.com16 Feb 2018

RBI seeks detailed report on what happened between 2011 and now; bankers to recall loans to Nirav Modi entities.

Budget issues for Kolkata's football big guns

Budget issues for Kolkata's football big guns

Rediff.com15 Jun 2013

The two giants of Indian football, Mohun Bagan and East Bengal, are facing turbulent times. On the pitch, East Bengal finished a respectable third in the 2012-13 I-League season, while Mohun Bagan finished a disappointing tenth.

PricewaterhouseCoopers functioning under SC lens

PricewaterhouseCoopers functioning under SC lens

Rediff.com6 Dec 2013

A bench headed by Chief Justice P Sathasivam said the issues raised in the plea need 'examination' and issued notice to the Centre, RBI, Central Board of Direct Taxes, the Institute of Chartered Accountants of India, PwC and the audit firms sharing its brand name.

Work hard to ensure 21st Century belongs to India: PM

Work hard to ensure 21st Century belongs to India: PM

Rediff.com13 Nov 2017

Modi said there was a time when families would celebrate getting gas connections as if they have got home a Mercedes.

CBI registers disproportionate assets case against Raja

CBI registers disproportionate assets case against Raja

Rediff.com19 Aug 2015

The CBI on Wednesday lodged a fresh case against A Raja for allegedly amassing disproportionate assets worth Rs 27.92 crore during the period of 11 years between 1999 and 2010.

Cut in Maha power tariff soon; toll tax review in a week

Cut in Maha power tariff soon; toll tax review in a week

Rediff.com16 Jan 2014

The government had appointed a sub-committee headed by Industries Minister Narayan Rane on November 19 which submitted its report recently.

Speaker cites disorder to not take up no-trust move, adjourns LS

Speaker cites disorder to not take up no-trust move, adjourns LS

Rediff.com16 Mar 2018

This is the first time that no-confidence motion notices have been moved against the Modi government in 4 years.

France has the Blues

France has the Blues

Rediff.com18 Apr 2017

'Who would have thought that Brexit would take place or Donald Trump would become US president or Kim Jong-un's madness could bring the prospect of nuclear war over Asia?' 'It is the time of the unexpected; the French elections should perhaps be seen in this perspective,' says Claude Arpi.

The tragic saga of Satyam

The tragic saga of Satyam

Rediff.com10 Apr 2015

The end of a long, long road is in sight.

Manohar Parrikar: Defence minister with a difference

Manohar Parrikar: Defence minister with a difference

Rediff.com20 Mar 2019

'He consulted widely, both formally and informally and acted quickly on pragmatic suggestions.' 'To his credit, Parrikar took the initiative to reduce excessive litigation against armed forces veterans and widow over small sums of pensionary and disability benefits,' points out says Brigadier Gurmeet Kanwal (retd).

NIA conducts fresh raids in terror funding case

NIA conducts fresh raids in terror funding case

Rediff.com4 Jun 2017

During the searches, a few thousand Pakistani rupees and currencies belonging to the UAE and Saudi Arabia as well as incriminating documents were found

Kapil Mishra 'heckled' by AAP MLAs in Delhi assembly

Kapil Mishra 'heckled' by AAP MLAs in Delhi assembly

Rediff.com31 May 2017

Party MLAs, including Madan Lal, Jarnail Singh, were seen lunging at Mishra and dragging him as he raised a poster.

FMPs crisis: Lessons for all to learn

FMPs crisis: Lessons for all to learn

Rediff.com26 Apr 2019

'Why are FMPs used as a vehicle for promoter funding against listed shares?' asks Debashis Basu.

Kerala CM hurt as protesters pelt stones at his car

Kerala CM hurt as protesters pelt stones at his car

Rediff.com27 Oct 2013

Kerala Chief Minister Oommen Chandy was hurt mildly on his forehead in stone throwing by Left Democratic Front workers protesting against the solar panel scam in Kannur on Sunday.

Investors in Indian commodity exchanges jump ship

Investors in Indian commodity exchanges jump ship

Rediff.com7 Feb 2014

It will be the first to go, in what has become an overcrowded segment since India first allowed futures trading in commodities in 2003.

Is your broker misleading you?

Is your broker misleading you?

Rediff.com9 Mar 2015

How both brokers and NSEL misled the investors.

BCCI finally clears players' central contract payments

BCCI finally clears players' central contract payments

Rediff.com22 Jun 2018

As per the revised contracts, the players in the A+ category will get Rs 7 crore, while ones in the A, B and C will get Rs 5 crore, Rs 3 crore and Rs 1 crore respectively.

Development only way to empower the poor, says Modi

Development only way to empower the poor, says Modi

Rediff.com27 May 2016

The PM spoke about financial inclusion.

Final verdict in Satyam case on April 9

Final verdict in Satyam case on April 9

Rediff.com9 Mar 2015

n February 2009, the CBI took over the investigation.

Sensex sinks 287 points; ends flat for the week

Sensex sinks 287 points; ends flat for the week

Rediff.com16 Feb 2018

The NSE Nifty settled the day 93.20 points or 0.88 per cent lower at 10,452.30 after shuttling between 10,612.90 and 10,434.05.

Man behind Jet Airways flight hoax tweet surrenders in Jaipur

Man behind Jet Airways flight hoax tweet surrenders in Jaipur

Rediff.com10 Jul 2015

Surinder Pratap, whose Twitter handle carried the tweet, was neither detained nor arrested by Jaipur police since it said no case was registered against him in the city.

CAG finds accounts clean in supplementary audit: MCX-SX

CAG finds accounts clean in supplementary audit: MCX-SX

Rediff.com25 Aug 2014

The company's accounts were audited by CAG as its shareholders include public sector banks.

What awaits Urjit Patel in 3rd year as RBI governor

What awaits Urjit Patel in 3rd year as RBI governor

Rediff.com1 Sep 2018

Heading to the third year, will Urjit Patel be busy firefighting a currency crisis? Almost no governor of the RBI managed to evade it and Patel perhaps knows it.

Why AAP must win Punjab

Why AAP must win Punjab

Rediff.com19 Jul 2016

The party desperately needs another state where, unfettered by the Centre, it can fly its flag.

Who will regulate the regulators?

Who will regulate the regulators?

Rediff.com16 Mar 2018

It would be a good idea to create independent oversight committees for each regulatory institution and indeed, even for their appellate bodies, says A K Bhattacharya.

Modi govt is about event management, creating false impressions: Sinha

Modi govt is about event management, creating false impressions: Sinha

Rediff.com22 Dec 2018

'Modi has given India its 'lost half-decade'. Elect him again and by 2024 it will be a lost decade'

ED attaches Rs 100 crore assets in NSEL case

ED attaches Rs 100 crore assets in NSEL case

Rediff.com16 Dec 2013

The agency's latest action, under Prevention of Money Laundering laws, had been taken against the borrower company and its two group companies, which owe the investors Rs 922 crore (Rs 9.22 billion), sources said.

Global Depository Receipts under lens for routing black money

Global Depository Receipts under lens for routing black money

Rediff.com5 Jan 2015

Sources said that the capital markets regulator Securities and Exchange Board of India has come across quite a few cases where GDR route could have been used for round-tripping of funds in the name of capital-raising activities of listed companies from abroad.

Congress can't win the people's trust by disrupting Parliament

Congress can't win the people's trust by disrupting Parliament

Rediff.com23 Jul 2015

'The Congress has no moral right to throw mud at others. The Gandhis talking of corruption sounds worse than the devil quoting scripture.'

Phishing attacks cost Indian firms Rs 328 cr in July-Sep

Phishing attacks cost Indian firms Rs 328 cr in July-Sep

Rediff.com2 Dec 2013

Indian companies lost around $53 million (about Rs 328 crore) due to phishing scams with the country facing over 3,750 attacks in July-September this year, making it the fourth most attacked nation globally.

Budget 2019 - Is the Rs 6.63 trillion GST target too ambitious?

Budget 2019 - Is the Rs 6.63 trillion GST target too ambitious?

Rediff.com8 Jul 2019

A well-established tax system would have a predictable buoyancy - how fast the collections grow as a proportion to the growth of the economy. But that is not the case with GST. It is still undergoing substantial changes as the government responds to structural as well as administrative glitches.

Swamy uses small bank licences to fire at Rajan again

Swamy uses small bank licences to fire at Rajan again

Rediff.com15 Jun 2016

The BJP MP said the guidelines for grant of licences were 'brazenly flouted'.

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.

India's gold obsession needs a correction

India's gold obsession needs a correction

Rediff.com16 Mar 2015

India's gold obsession needs a correction.

Blockchain and crypto: Three key trends to watch out for

Blockchain and crypto: Three key trends to watch out for

Rediff.com27 Jun 2018

'A key trend that one should expect to see is tonnes of failures.' 'Several blockchain-focused companies will fail.'

The challenge in Kashmir

The challenge in Kashmir

Rediff.com6 Sep 2019

'Collateral damage during operations needs to be avoided.' 'Such an objective can be achieved more easily should stone throwers not gear up to en masse oppose security forces.' 'With the conditions being quite sensitive at this stage, the death of one of these boys could easily serve the terrorists in instigating violence,' notes Brigadier S K Chatterji (retd).

DDCA president Bansal refutes Azad's accusations

DDCA president Bansal refutes Azad's accusations

Rediff.com20 Dec 2015

Reacting to Kirti Azad's expose on the alleged DDCA scam, President Sneh Prakash Bansal has strongly refuted the charges saying that no company bill mentioned in the sting operation exists in the cricket body's transaction records.

Why did Pranab not reveal all in his book?

Why did Pranab not reveal all in his book?

Rediff.com7 Nov 2017

What Shekhar Gupta would have really liked to know from Pranabda: Why did Sonia prefer Dr Singh to him as PM? Why did he deny finance first, why did he accept it 5 years later, and why did he make such a mess of it? How did he force Sonia to nominate him for President and not Hamid Ansari? And how does he justify that most toxic legacy -- the Vodafone tax amendment?

Hemant Kanoria: The man behind Srei's success

Hemant Kanoria: The man behind Srei's success

Rediff.com11 Apr 2016

Hemant Kanoria tells Niraj Bhatt why understanding the dynamics of the borrower's business is critical for the lender.

'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.'