News for 'foreign exchange violation'

OPS camp stakes claim to two-leaves symbol; will contest RK Nagar bypolls

OPS camp stakes claim to two-leaves symbol; will contest RK Nagar bypolls

Rediff.com15 Mar 2017

He said his faction will formally file a petition with the Election Commission of India on Friday.

Delhi HC to hear Bollywood producers' plea to restrain TV channels on Monday

Delhi HC to hear Bollywood producers' plea to restrain TV channels on Monday

Rediff.com29 Jul 2021

The Delhi high court will hear on Monday a plea by leading Bollywood producers seeking to restrain Republic TV and Times Now from making or publishing allegedly "irresponsible, derogatory and defamatory remarks" against the film industry and conducting media trials against its members on various issues. The lawsuit by four Bollywood industry associations and 34 leading producers, which was filed on October 12, will come up for hearing before Justice Rajiv Shakdher.

The year of living dangerously in Karachi

The year of living dangerously in Karachi

Rediff.com27 Feb 2019

'Rawalpindi must downsize its quest for 'strategic depth' in Afghanistan and Kashmir,' suggests Matein Khalid.

India's ban on apps not beneficial to anyone: China

India's ban on apps not beneficial to anyone: China

Rediff.com3 Sep 2020

India on Wednesday banned 118 more mobile apps with Chinese links, including the popular game PUBG, citing data privacy concerns and a threat to national security, taking the total count of Chinese-linked mobile apps banned by New Delhi to 224.

Situation not normal, work in progress: Jaishankar gets candid on China

Situation not normal, work in progress: Jaishankar gets candid on China

Rediff.com25 Mar 2022

Wang arrived in Delhi on Thursday evening in the highest-level visit between the two countries after the ties came under severe strain following the military standoff in eastern Ladakh that began nearly two years ago.

Lakshmi Vilas Bank comes under Sebi scanner for 'insider trading'

Lakshmi Vilas Bank comes under Sebi scanner for 'insider trading'

Rediff.com10 Dec 2020

LVB had faced some serious flak in terms of bad loans, earnings and credit rating downgrades, since 2016.

Delhi HC bars Future-Reliance deal, attaches properties, imposes Rs 20 lakh fine

Delhi HC bars Future-Reliance deal, attaches properties, imposes Rs 20 lakh fine

Rediff.com18 Mar 2021

The Delhi high court on Thursday upheld the Singapore Emergency Arbitrator's (EA) order restraining Future Retail Ltd (FRL) from going ahead with its Rs 24,713 crore deal with Reliance Retail to sell its business, which was objected to by US-based e-commence giant Amazon.

Amazon opposing deal as Reliance is competitor: Future Retail to HC

Amazon opposing deal as Reliance is competitor: Future Retail to HC

Rediff.com4 Feb 2021

Kishore Biyani-led Future Retail Ltd (FRL) on Thursday told the Delhi high court that Amazon was opposing the Rs 24,713 crore deal with Reliance as the Mukesh Ambani company was a competitor, a contention denied by the US-based e-commerce giant which said it was interested in salvaging FRL. FRL contended before a bench of Chief Justice D N Patel and Justice Jyoti Singh that Amazon was not concerned if the deal falls through then all the shops of the Indian company would be closed down and it's more than 25,000 employees would be without any livelihood. Senior advocate Harish Salve, appearing for FRL, told the court that the US-based e-commerce giant was only concerned that the Mukesh Ambani group company should not get the shops as they are a competitor of Amazon.

Amazon-Future battle: More skeletons tumble out of closet

Amazon-Future battle: More skeletons tumble out of closet

Rediff.com15 Nov 2021

Future Retail's (FRL's) independent directors have written a second letter to the Competition Commission of India (CCI), stating American e-commerce major Amazon never intended to invest in Future Coupons (FCPL) and the representations made by the US e-commerce player were completely opposite and contradictory to their own internal correspondences as submitted before courts. The directors also wrote to CCI that Amazon has obtained approval by making deliberate misrepresentations. By actively misleading the CCI and the regulator, it has to revoke the approval granted for Amazon's investment in FCPL.

Cognizant to pay $28m in US to settle India bribery case

Cognizant to pay $28m in US to settle India bribery case

Rediff.com16 Feb 2019

The company, which had made voluntary disclosures about the bribery incident to the US authorities, also said with this resolution, there was no pending investigations against Cognizant.

Walmart asks for one year to convert $100 million into equity

Walmart asks for one year to convert $100 million into equity

Rediff.com2 Oct 2013

The one-year extension would give Walmart and its Indian joint venture partner in the cash and carry business, Bharti Group, more time to sort things out and decide on a retail foray together, people in the know said.

'MFs are a very good story. We want to nurture it'

'MFs are a very good story. We want to nurture it'

Rediff.com13 Dec 2021

'They have helped stabilise our market by acting as a counterbalance to foreign funds.'

Satyam case: Charge sheets filed against Raju, 212 others

Satyam case: Charge sheets filed against Raju, 212 others

Rediff.com28 Oct 2013

ED filed a bulky prosecution investigation report before the XXI Additional Chief Metropolitan Magistrate cum Special Sessions Judge here today seeking to "prosecute the accused for the offence of money laundering" under the Prevention of Money Laundering Act.

FinMin detects Rs 2,280 cr black money routed through PPP

FinMin detects Rs 2,280 cr black money routed through PPP

Rediff.com25 Sep 2013

About Rs 2,280 crore (Rs 22.80 billion) unaccounted income being allegedly routed through Private Placement Programme (PPP) has been detected by economic intelligence sleuths.

'No space for national parties in Tamil Nadu'

'No space for national parties in Tamil Nadu'

Rediff.com8 May 2021

'With the deaths of Jayalalithaa and Karunanidhi, the BJP and Congress thought that they had a chance.' 'They have conceded that power is with the Dravidian parties.'

Is ED Bad Only When It Targets Gandhis?

Is ED Bad Only When It Targets Gandhis?

Rediff.com28 Jul 2022

If the fear of ED could drive the powerful people of today to be honest or at least be minimally corrupt, will it not be a great thing for our nation?, asks Sudhir Bisht.

China's PLA extends unprecedented military drills around Taiwan

China's PLA extends unprecedented military drills around Taiwan

Rediff.com8 Aug 2022

China on Monday continued its unprecedented military drills around Taiwan, extending the schedule of war games launched in retaliation to the visit by US House Speaker Nancy Pelosi to the breakaway island which Beijing claims is part of its territory.

SC cancels Amrapali's registration, NBCC to finish housing projects

SC cancels Amrapali's registration, NBCC to finish housing projects

Rediff.com23 Jul 2019

A bench of Justices Arun Mishra and U U Lalit also cancelled the leases of Amrapali's properties granted by the Noida and Greater Noida authorities and directed the Enforcement Directorate to investigate alleged money laundering by CMD Anil Sharma and other directors and senior officials of the group.

Budget: FM may announce policy to combat black money

Budget: FM may announce policy to combat black money

Rediff.com23 Feb 2015

PAN could be used by the probe agencies.

Chinese military drills near Taiwan conclude with island attack

Chinese military drills near Taiwan conclude with island attack

Rediff.com7 Aug 2022

The Chinese military, on the last day of its largest-ever military exercises to vent out its anger over United States House Speaker Nancy Pelosi's visit to Taiwan, carried out island saturation attack drills in the Taiwan Straits, amid global concerns of a full-scale attack to annex the breakaway island which Beijing claims is part of its territory.

Won't compromise on beliefs: Deora on 'Howdy' tweet

Won't compromise on beliefs: Deora on 'Howdy' tweet

Rediff.com24 Sep 2019

Deora said he "regrets the insinuations" made after the Twitter exchange with Modi.

Pak officials caught for espionage were not tortured: Sources

Pak officials caught for espionage were not tortured: Sources

Rediff.com2 Jun 2020

India on Sunday declared the two officials of the Pakistan High Commission as 'persona non grata' on charges of espionage and ordered them to leave the country within 24 hours. In its reaction, Pakistan rejected the allegations against the two officials and called the Indian action a 'clear violation' of the Vienna Convention on Diplomatic Relations as well as the norms of diplomatic conduct.

India, Pak to move cautiously on ties, says US intel chief

India, Pak to move cautiously on ties, says US intel chief

Rediff.com30 Jan 2014

India is unlikely to take any bold move to improve its ties with Pakistan before the next year's general election, a top American intelligence official said on Wednesday.

Controversial godman Chandraswami dies

Controversial godman Chandraswami dies

Rediff.com23 May 2017

He was seen as one of former PM Rao's trusted aides and advisers.

Pak 'not in favour' of escalating tensions with India

Pak 'not in favour' of escalating tensions with India

Rediff.com26 Jun 2020

The Ministry of External Affairs said on Tuesday the Charge d'Affaires of Pakistan High Commission was summoned and informed about the decision which was based on instances of involvement of Pakistani officials in 'acts of espionage' and 'dealings with terrorist organisations'.

The tale of the 16 ED notices to Lalit Modi

The tale of the 16 ED notices to Lalit Modi

Rediff.com25 Jun 2015

Here's a closer look at the showcause notices issued to Lalit Modi

Budweiser maker pays Rs 40 cr, settles India bribery charge

Budweiser maker pays Rs 40 cr, settles India bribery charge

Rediff.com29 Sep 2016

Leading brewer Anheuser-Busch InBev will pay USD 6 million (Rs 40.2 crores) to the American authorities for settling charges of making "improper payments" to government officials in India to push sales and production.

Maha case: 3rd hearing by SC on non-working day in 2019

Maha case: 3rd hearing by SC on non-working day in 2019

Rediff.com24 Nov 2019

There are many instances in the past where the top court sat through midnight to hear the special cases.

Walmart, Bharti sitting on unused realty

Walmart, Bharti sitting on unused realty

Rediff.com12 Oct 2013

The two former partners own about 100 such properties; expansion of Best Price, EasyDay stores only after transactions linked to the split are over.

China eases alert on border after Jaishankar-Wang meet

China eases alert on border after Jaishankar-Wang meet

Rediff.com16 Sep 2020

The heightened state of alert was only relaxed after Wang met his Jaishankar in Moscow on Friday on the sidelines of the Shanghai Cooperation Organisation summit, a second source said.

Lalit Modi row: What benefit did I give Modi, asks Sushma in her defence

Lalit Modi row: What benefit did I give Modi, asks Sushma in her defence

Rediff.com14 Jun 2015

External Affairs Minister Sushma Swaraj had helped former cricket tycoon Lalit Modi to procure travel documents despite a red alert by the government.

Chidambaram conspired with son, says CBI charge sheet

Chidambaram conspired with son, says CBI charge sheet

Rediff.com19 Oct 2019

The chargesheet names 14 accused, including the Congress leader's son Karti Chidambaram, Peter Mukherjea and Indrani Mukerjea.

Ready to 'properly' address differences with India: China

Ready to 'properly' address differences with India: China

Rediff.com17 Aug 2020

The right path for the two sides is to respect and support each other as this serves our long-term interests, Chinese foreign minister said.

'Government wants to turn us into goats and sheep'

'Government wants to turn us into goats and sheep'

Rediff.com18 Feb 2021

'Silencing citizens has become a major institutional process under this regime.' 'The anti-Indian argument is a bogey -- meant to silence independent thinking people in India and turn us into goats and sheep.'

Bitter chocolate: Cadbury's US parent fined Rs 88.5 cr in India bribery probe

Bitter chocolate: Cadbury's US parent fined Rs 88.5 cr in India bribery probe

Rediff.com10 Jan 2017

US SEC order says that Cadbury India paid an agent a total of USD 90,666 (Rs 61.70 lakh) for "providing consultation, arrange statutory/government prescribed formats of applications to be filed for various statutory clearances, documentation, preparation of files and the submission of the same with government authorities," for specific licences.

Delhi HC stays order against Future-Reliance deal till April 30

Delhi HC stays order against Future-Reliance deal till April 30

Rediff.com22 Mar 2021

The Delhi high court's division bench has stayed the single bench order favouring the emergency award against the Future-Reliance deal and imposing a Rs 20 lakh fine on Kishore Biyani & other respondents. including FRL and FCPL.

Maintaining peace along border in the interest of both parties: China

Maintaining peace along border in the interest of both parties: China

Rediff.com24 Jun 2020

In separate statements, the Chinese foreign and the defence ministries, however, repeated Beijing's stand that India was responsible for the June 15 violent face-off in eastern Ladakh. Defence Ministry Spokesman Col Wu Qian said the two defence ministers are negotiating on the phone.

BSE offers a platform to whistleblowers

BSE offers a platform to whistleblowers

Rediff.com29 Jan 2015

Participants can provide anonymous feedback on market manipulation.

Snooping has been around for ages

Snooping has been around for ages

Rediff.com29 Jul 2021

The Orwellian surveillance State is here. And here to stay, asserts Virendra Kapoor.

Chinese jets intrude Taiwan air space amid US official visit

Chinese jets intrude Taiwan air space amid US official visit

Rediff.com10 Aug 2020

China, which considers the estranged island of Taiwan as part of its mainland, vociferously objects to any high-level foreign dignitaries meeting Taiwanese leaders.