News for 'financial dues'

Maharashtra govt contractor dies by suicide over unpaid dues

Maharashtra govt contractor dies by suicide over unpaid dues

Rediff.com3 days ago

A 37-year-old government contractor in Navi Mumbai died by suicide due to severe financial strain from unpaid bills for completed work. Opposition parties in Maharashtra have accused the state government of negligence, demanding a culpable homicide case against the administration and highlighting a pattern of such incidents among Marathi contractors.

Tata Sons AGM adjourned due to lack of quorum

Tata Sons AGM adjourned due to lack of quorum

Rediff.com18 Aug 2026

A crucial annual general meeting (AGM) of Tata Sons, the primary holding company of the Tata conglomerate, was adjourned due to a lack of quorum, specifically the absence of representatives from the Sir Dorabji Tata Trust (SDTT) and Sir Ratan Tata Trust (SRTT). The SRTT is currently under restrictions from the Maharashtra Charities Commissioner, preventing it from making major decisions or holding meetings, which impacted its ability to participate.

Ranchi Restaurateur Allegedly Dies By Suicide Due To Financial Strains

Ranchi Restaurateur Allegedly Dies By Suicide Due To Financial Strains

Rediff.com21 May 2026

A restaurateur in Ranchi, identified as Abhimanyu Bhatia, allegedly died by suicide due to financial strains. Police are investigating the circumstances surrounding his death after he consumed poison at his restaurant.

Tata Sons AGM likely to be adjourned due to Sir Ratan Tata Trust's regulatory issue

Tata Sons AGM likely to be adjourned due to Sir Ratan Tata Trust's regulatory issue

Rediff.com17 Aug 2026

The Annual General Meeting (AGM) of Tata Sons, scheduled for Tuesday, is likely to be adjourned because the Sir Ratan Tata Trust (SRTT), a major shareholder, cannot nominate a representative due to a regulatory restriction imposed by Maharashtra's Charity Commissioner.

Financial Crimes Decline Due To Agency Action: ED

Financial Crimes Decline Due To Agency Action: ED

Rediff.com1 May 2026

The Enforcement Directorate (ED) reports a decline in traditional financial crimes due to sustained investigative actions and government initiatives, while highlighting emerging challenges like cryptocurrency fraud and terror financing.

Iron Trader in Kanpur Ends Life Due to Financial Distress

Iron Trader in Kanpur Ends Life Due to Financial Distress

Rediff.com13 Apr 2026

A 40-year-old iron trader in Kanpur, India, allegedly died by suicide due to mounting financial losses in his business. Police are investigating the circumstances surrounding his death.

Tata Chemicals Q1 Profit Dips 81% to Rs 60 Crore Due to Increased Expenses

Tata Chemicals Q1 Profit Dips 81% to Rs 60 Crore Due to Increased Expenses

Rediff.com27 Jul 2026

Tata Chemicals reported an 81 per cent decline in consolidated net profit to Rs 60 crore for the quarter ended June, primarily attributed to higher expenses, despite an increase in total income.

Lost Your Job? Protect Your Finances

Lost Your Job? Protect Your Finances

Rediff.com4 days ago

List all unavoidable expenses such as rent, groceries, transportation, education and medical bills.

Maharashtra waives off Rs 48,000 crore of farmers' power dues

Maharashtra waives off Rs 48,000 crore of farmers' power dues

Rediff.com16 Jul 2026

Maharashtra Chief Minister Devendra Fadnavis announced a significant waiver of approximately Rs 48,000 crore in pending electricity dues for farmers, aiming to facilitate new agricultural power connections and support the state's agricultural sector.

BPCL, HPCL Report Huge Q1FY27 Losses Due to High Crude Oil Prices

BPCL, HPCL Report Huge Q1FY27 Losses Due to High Crude Oil Prices

Rediff.com23 Jul 2026

State-owned refiners Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) have reported substantial losses for the first quarter of financial year 2026-27 (Q1FY27), primarily driven by a sharp increase in crude oil prices exacerbated by the ongoing West Asia crisis and suppressed marketing margins on petroleum products.

Essel Group's Subhash Chandra calls for independent audit of debt, claims Rs 43,000 crore repaid

Essel Group's Subhash Chandra calls for independent audit of debt, claims Rs 43,000 crore repaid

Rediff.com20 hours ago

Essel Group founder Subhash Chandra has called for an independent audit to examine the group's borrowings, defaults, and repayments, stating that approximately 43,000 crore of its 45,000 crore total debt has been repaid.

Who Should Avoid F&O Trading?

Who Should Avoid F&O Trading?

Rediff.com2 days ago

Futures and options (F&O) trading suits investors with good market knowledge, sufficient risk capital, a tested strategy and strong discipline.

'It won't change overnight': Tiafoe's tennis reality check

'It won't change overnight': Tiafoe's tennis reality check

Rediff.com1 days ago

American tennis stars Jessica Pegula and Frances Tiafoe acknowledge significant progress in diversity within tennis, citing increased representation across various demographics and global participation, yet both highlight the persistent challenge of affordability and access for aspiring young players.

'I am only leaving...': Shehzad Poonawalla urges BJP to accept his resignation

'I am only leaving...': Shehzad Poonawalla urges BJP to accept his resignation

Rediff.com17 Aug 2026

BJP national spokesperson Shehzad Poonawalla has resigned from all his party positions and primary membership, citing pressing financial and personal circumstances. He had initially offered to resign on July 30, but the party requested him to reconsider. Poonawalla confirmed his final decision on Monday, stating he would move into the private sector but continue to support Prime Minister Modi's vision.

RBI's New Data Rules Force Banks, NBFCs to Rework Fintech Partnerships

RBI's New Data Rules Force Banks, NBFCs to Rework Fintech Partnerships

Rediff.com2 days ago

Indian banks and non-banking financial companies (NBFCs) are undertaking a comprehensive review and reset of their engagement terms with fintech firms, driven by the Reserve Bank of India's (RBI) draft Guidance on Regulatory Expectations for Data Governance and the stringent compliance requirements of the Digital Personal Data Protection (DPDP) Act, 2023, and its 2025 Rules.

Why have Promoters Borrowed Rs 7 Trillion?

Why have Promoters Borrowed Rs 7 Trillion?

Rediff.com1 days ago

The absolute amount of money raised is more than three times the 2 trillion seen before the pandemic (June 2019).

India, US Equity Markets Less Attractive on FCF Yields; Real Estate Sales Moderate

India, US Equity Markets Less Attractive on FCF Yields; Real Estate Sales Moderate

Rediff.com5 days ago

A Goldman Sachs report indicates that US and Indian equity markets are becoming less attractive due to lower free cash flow (FCF) yields as valuations rise, while European markets offer significantly higher yields. Concurrently, India's top-listed residential real estate developers experienced a moderation in pre-sales in Q1FY27, attributed to delayed project approvals, limited launches, and high year-ago bases, though underlying housing demand remains healthy.

'Save this league': India women make passionate plea for Women's HIL

'Save this league': India women make passionate plea for Women's HIL

Rediff.com4 days ago

India women's hockey players urge the Sports Ministry and corporates to save the Women's HIL, saying the league is vital for developing future talent.

IndiGo posts Rs 238 crore Q1 net loss due to rising fuel costs, West Asia turbulence

IndiGo posts Rs 238 crore Q1 net loss due to rising fuel costs, West Asia turbulence

Rediff.com23 Jul 2026

IndiGo, India's largest airline, reported a net loss of Rs 238 crore for the June quarter, primarily attributed to a significant surge in fuel prices and operational constraints stemming from the West Asia conflict.

West Asia Disruption Keeps Oil Prices Firm, $100/bbl Risk Looms

West Asia Disruption Keeps Oil Prices Firm, $100/bbl Risk Looms

Rediff.com2 days ago

Oil prices are expected to remain elevated due to disruptions in the Strait of Hormuz, with both the US Energy Information Administration (EIA) and Rabobank International forecasting firm prices and a potential surge above $100 a barrel if disruptions worsen.

'Big U-turn For My Life': Former India Cricketer Jacob Martin Acquitted in 22-Year-Old Forgery Case

'Big U-turn For My Life': Former India Cricketer Jacob Martin Acquitted in 22-Year-Old Forgery Case

Rediff.com21 Aug 2026

Former Indian cricketer Jacob Martin has been acquitted of all charges by the Patiala House Court in a 22-year-old criminal case involving allegations of forgery and passport act violations, bringing him significant relief after years of stress.

Vijay's government to hold social justice survey, move court for financial devolution

Vijay's government to hold social justice survey, move court for financial devolution

Rediff.com18 Jun 2026

Tamil Nadu Governor RV Arlekar announced that the TVK regime, led by Chief Minister C Joseph Vijay, will take steps to ensure fair financial devolution from the Centre, including pursuing the matter in the Supreme Court. The government also plans to conduct a 'Social Justice Survey' and address the state's severe financial deterioration.

IPL Teams Pressuring Indian Players To Play Despite Injuries, Claims BCCI Source

IPL Teams Pressuring Indian Players To Play Despite Injuries, Claims BCCI Source

Rediff.com9 Aug 2026

A source at the BCCI's Centre of Excellence (CoE) in Bengaluru has expressed significant concerns regarding players competing in the Indian Premier League while injured, attributing this to franchise and financial pressures, which subsequently complicates their rehabilitation and return to international cricket.

Google Asked To Urgently Remove Fake Bank Web Sites

Google Asked To Urgently Remove Fake Bank Web Sites

Rediff.com22 Aug 2026

Phishing sites mimicked SBI, ICICI Bank and Axis Bank to steal card details and OTPs.

AI Effect: 'Nearly 3 Million Jobs Are At Risk In India'

AI Effect: 'Nearly 3 Million Jobs Are At Risk In India'

Rediff.com2 days ago

In the next 36 months nearly 25 to 40 per cent of jobs will be under threat from AI and job losses are inevitable.

Sunny Deol: 'I Was Rs 55.99 Crore In Debt'

Sunny Deol: 'I Was Rs 55.99 Crore In Debt'

Rediff.com18 Aug 2026

'The money I owed was all mine. I didn't borrow it from anyone. I didn't owe anyone anything. I just had to sell my own assets and pay back.'

Missed Filing Income Tax Return? Read This

Missed Filing Income Tax Return? Read This

Rediff.com12 Aug 2026

A delayed ITR could prompt greater scrutiny, document requests or processing delays.

Does GPay/PhonePe Affect CIBIL Score?

Does GPay/PhonePe Affect CIBIL Score?

Rediff.com21 Aug 2026

It's not about how much you earn -- it's about how you borrow and repay.

US halts visa interviews globally amid Trump's immigration crackdown

US halts visa interviews globally amid Trump's immigration crackdown

Rediff.com4 days ago

The US State Department has paused visa appointments worldwide to conduct a 'global training initiative' for consular officers, aiming to ensure applicants are not likely to become a 'public charge' and are comprehensively evaluated, intensifying President Donald Trump's immigration crackdown.

Banks Oppose Subhash Chandra Repayment Plan

Banks Oppose Subhash Chandra Repayment Plan

Rediff.com2 days ago

'Resolution plan with this much haircut is totally unviable.'

Tata Motors PV: Margin Pressures May Dampen Strong Volume Growth

Tata Motors PV: Margin Pressures May Dampen Strong Volume Growth

Rediff.com7 days ago

Tata Motors Passenger Vehicles (TMPV) reported Q1FY27 results showing significant margin pressures at both Jaguar Land Rover (JLR) and its domestic operations, despite strong volume growth in the India business. Analysts expect these margin headwinds to persist, potentially offsetting gains from increased sales and new launches.

How Sonal Dinusha became India's latest spin nightmare

How Sonal Dinusha became India's latest spin nightmare

Rediff.com2 days ago

Sri Lankan all-rounder Sonal Dinusha, who averaged 140 in the recent Test series against India, found solace and success in cricket as an escape from financial hardship. His journey, marked by dedication and a relentless work ethic, saw him rise from a child without a bat to a national hero, with coaches highlighting his unwavering commitment to the game.

Gurugram Firing: Two Arrested Over Rs 11.5 Lakh Financial Dispute

Gurugram Firing: Two Arrested Over Rs 11.5 Lakh Financial Dispute

Rediff.com11 Jun 2026

Gurugram police have arrested two individuals, including the alleged shooter, in connection with a firing incident in Sector 10 that injured one person and damaged vehicles. The incident reportedly stemmed from a financial dispute involving Rs 11.5 lakh.

Former AAP minister Satyendar Jain among 6 held in Jal Board tender scam

Former AAP minister Satyendar Jain among 6 held in Jal Board tender scam

Rediff.com19 Aug 2026

Former Delhi minister Satyendar Jain and ex-Delhi Jal Board CEO Udit Prakash Rai are among six individuals arrested by the Anti-Corruption Branch (ACB) in connection with an alleged corruption case. The case involves irregularities and manipulation in the tendering process for sewage treatment plant projects of the Delhi Jal Board, with allegations of favouring a specific technology provider and significant financial implications for the government exchequer. The investigation has also revealed a money trail involving substantial transfers to the accused.

Plea in SC seeks confiscation of assets of paper leak offenders

Plea in SC seeks confiscation of assets of paper leak offenders

Rediff.com18 Aug 2026

The Supreme Court has sought responses from the Centre and state governments on a Public Interest Litigation (PIL) advocating for the confiscation of movable and immovable property belonging to individuals and their family members involved in exam question paper leak cases. The plea also calls for invoking various anti-corruption and financial crime acts against perpetrators and suggests consecutive sentencing for such offences.

Geopolitical jitters, Iran sanctions weigh on Indian equities

Geopolitical jitters, Iran sanctions weigh on Indian equities

Rediff.com5 days ago

Indian benchmark equity indices, Sensex and Nifty, closed lower due to persistent geopolitical tensions in the Middle East and elevated crude oil prices, with investors remaining cautious ahead of fresh US sanctions on Iran.

HC quashes FCRA orders against two NGOs over funding Vizhinjam protests

HC quashes FCRA orders against two NGOs over funding Vizhinjam protests

Rediff.com12 Aug 2026

The Kerala high court has set aside the Centre's decision not to renew the FCRA certificate of two NGOs, accused by central agencies of funding agitations against the Vizhinjam sea port, saying that financial support to a protest cannot be seen as diversion of foreign funds.

Sugar should be 'very expensive': BJP leader amid price surge

Sugar should be 'very expensive': BJP leader amid price surge

Rediff.com3 days ago

Madhya Pradesh Minister Kailash Vijayvargiya has ignited a political firestorm with his controversial remarks suggesting sugar should be "very expensive" and avoided by those over 40, drawing sharp criticism from the opposition amidst rising inflation concerns.

NRI Deposit Inflows Drop 23% in Q1 FY27, RBI Data Reveals

NRI Deposit Inflows Drop 23% in Q1 FY27, RBI Data Reveals

Rediff.com4 days ago

Inflows into non-resident Indian (NRI) deposit schemes decreased by 23.24 per cent to $2.78 billion during the first quarter of FY27, down from $3.61 billion in the previous year, according to Reserve Bank of India (RBI) data.

I-T dept launches nationwide drive against suspicious foreign remittances

I-T dept launches nationwide drive against suspicious foreign remittances

Rediff.com18 Aug 2026

The Income Tax Department has initiated a nationwide verification drive targeting suspicious foreign remittances made by entities with minimal business activity, including those in border districts, and is scrutinising the chartered accountants who issued the mandatory tax determination certificates.