News for 'fraud prevention'

After week's delay, Trump signs $900 bn Covid relief bill

After week's delay, Trump signs $900 bn Covid relief bill

Rediff.com28 Dec 2020

The US president had in past expressed dismay with the $2.3 trillion package that Congress passed Monday, which includes $900 billion in coronavirus relief and $1.4 trillion to fund the government until October, conflating the two bills and saying the spending goals were misguided.

Will PNB acquire beleaguered Lakshmi Vilas Bank?

Will PNB acquire beleaguered Lakshmi Vilas Bank?

Rediff.com8 Oct 2020

PNB has rich experience in the integration of commercial banks.

Strong corporate governance laws needed: Scindia

Strong corporate governance laws needed: Scindia

Rediff.com17 Jan 2009

Asked if the government would provide aid to the beleagured IT major Satyam, he said, "I think its a decision that is being taken internally." The government had, on Thursday, ruled out a swift bailout for Satyam.

UP's Love Jihad law is not unique; the CM is

UP's Love Jihad law is not unique; the CM is

Rediff.com8 Dec 2020

Ultimately, whether the UP ordinance is struck down by the courts or not, it will be the courage of young Hindu and Muslim women and men that will act as a foil to the UP police-cum-mobs who will be out to get them.

IL&FS auditors Deloitte, BSR to be prosecuted

IL&FS auditors Deloitte, BSR to be prosecuted

Rediff.com18 Jul 2019

But it does not mention its views on the government demand to ban these two auditors for five years from business.

How to DEFEAT the NEXT Pandemic

How to DEFEAT the NEXT Pandemic

Rediff.com3 Nov 2021

Illustrious international thinkers met at the Milken Institute Global Conference 2021 and many discussions addressed the impact of the COVID-19 pandemic on the world at large.

How To PROTECT Yourself Against Online Scams

How To PROTECT Yourself Against Online Scams

Rediff.com18 Jun 2020

'The major worry for everyone using Internet-linked devices today is whether the latest download on his smartphone or laptop is a bait from a digital hacker who is out to secure access to his hard-earned money,' notes T A Ramalingam, chief technical officer, Bajaj Allianz General Insurance.

How Insolvency Process is being Gamed

How Insolvency Process is being Gamed

Rediff.com15 Jul 2021

The brand new bankruptcy process is being brazenly gamed by those with connections and money. The touts and fixers of the previous regime have been replaced by a new set close to this one, observes Debashis Basu.

Dominican magistrate denies bail to Mehul Choksi: Local media

Dominican magistrate denies bail to Mehul Choksi: Local media

Rediff.com3 Jun 2021

The Dominica high court on Wednesday ordered that diamantaire Mehul Choksi be produced before a magistrate there to answer charges of his illegal entry into the Caribbean island country, local media reported. Dominica high court Judge Bernie Stephenson issued the orders after nearly three hours of hearing on a habeas corpus petition filed on behalf of Choksi who had claimed that he was abducted from neighbouring Antigua and Barbuda and forcefully brought to the Caribbean Island nation. She adjourned the habeas corpus matter till Thursday, Dominica News Online reported.

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.

Mallya extradition case: Boost for CBI; next hearing on July 11

Mallya extradition case: Boost for CBI; next hearing on July 11

Rediff.com27 Apr 2018

The judge confirmed that the bulk of the evidence submitted by the Indian authorities will be admissible

More trouble brews for Indian techies in US

More trouble brews for Indian techies in US

Rediff.com3 Jan 2018

The proposals aims to impose new restrictions to prevent abuse and misuse of H-1B visas, besides ending the provision of granting extension for those who already have a green card.

Govt readying a real-time master list of economic offenders

Govt readying a real-time master list of economic offenders

Rediff.com1 Aug 2018

Officials say that such a list, to be updated on a real-time basis, will serve as a ready reckoner in identifying those committing multiple economic offences

Court allows banks to liquidate Vijay Mallya's equity holdings

Court allows banks to liquidate Vijay Mallya's equity holdings

Rediff.com20 Mar 2019

SBI-led consortium expects to make over Rs 13,000 crore from sale of assets

RBI stresses better risk control plans

RBI stresses better risk control plans

Rediff.com6 Feb 2008

RBI has underlined the need for effective risk control mechanism in banks to avoid scams and banking frauds.

Mallya's extradition expected within 28 days

Mallya's extradition expected within 28 days

Rediff.com14 May 2020

The UK Crown Prosecution Service said Mallya's appeal to certify a point of law was rejected on all three counts, of hearing oral submissions, grant a certificate on the questions as drafted, and grant permission to appeal to the Supreme Court.

US plans on business visa will hit hundreds of Indians

US plans on business visa will hit hundreds of Indians

Rediff.com22 Oct 2020

The State Department has proposed not to issue temporary business visas for H-1B speciality occupations which allowed several companies to send their technology professionals for a short stay to complete jobs on site in the US, a move which could affect hundreds of Indians. The proposal, if finalised, will eliminate any misconception that the "B-1 in lieu of H policy" provides an alternative avenue for foreign professionals to enter the US to perform skilled labour that allows, and potentially even encourages them and their employers to circumvent the restrictions and requirements relating to the H non-immigrant classification established by Congress to protect the US workers, the State Department said.

ED seeks revocation of Mallya's passport

ED seeks revocation of Mallya's passport

Rediff.com13 Apr 2016

It is understood that Vijay Mallya left the country for UK on March 2 using a diplomatic passport issued to him by virtue of him being a sitting Rajya Sabha Member of Parliament.

Satyam case verdict likely on Dec 23

Satyam case verdict likely on Dec 23

Rediff.com30 Oct 2014

All the 10 accused in the case, including prime accused Satyam Computers founder and former chairman B Ramalinga Raju and his brother and Satyam's former MD B Rama Raju, appeared in the court, as per its direction.

Congress rakes up 'Rs 6,712-cr scam' to target Modi government

Congress rakes up 'Rs 6,712-cr scam' to target Modi government

Rediff.com1 Mar 2018

Surjewala alleged that Mehta and his family were allowed to leave India even when there were complaints pending against him with the CBI.

Telcos asked to scrutinise bulk mobile connections

Telcos asked to scrutinise bulk mobile connections

Rediff.com17 Jul 2006

Taking a tough stand on the failure by mobile operators to verify subscriber documents, the government on Monday issued them directives to carry out special authenticity checks for bulk connections.

Rs 50 crore riding on Sanjay Dutt

Rs 50 crore riding on Sanjay Dutt

Rediff.com31 Jul 2007

Many movie folk hope the star is released without spending time in prison. And it is not entirely because of the money riding on his movies.

India seeks Mallya's deportation from UK

India seeks Mallya's deportation from UK

Rediff.com28 Apr 2016

ED has approached the MEA seeking initiation of deportation.

Violence never wins, says US Vice President Pence

Violence never wins, says US Vice President Pence

Rediff.com7 Jan 2021

'To those who wreaked havoc in our Capitol today, You did not win. Violence never wins. Freedom wins. And this is still the people's house.'

Nirav Modi can't return to India, afraid of getting lynched: Lawyer

Nirav Modi can't return to India, afraid of getting lynched: Lawyer

Rediff.com1 Dec 2018

The ED has claimed that Nirav Modi had refused to join the probe despite acknowledging mails and summons issued to him and that he doesn't want to return to India.

ED to invoke India-UK treaty for Mallya's extradition

ED to invoke India-UK treaty for Mallya's extradition

Rediff.com23 May 2016

The treaty can be invoked in a criminal probe case seeking the transfer of persons, including persons in custody, for the purpose of assisting in investigations or giving evidence

Will 2020 bring cheer to Indian banking sector?

Will 2020 bring cheer to Indian banking sector?

Rediff.com30 Dec 2019

Amid slowdown blues, the government has unveiled a raft of measures over the past few months aimed at improving liquidity in the system, moderating interest rates as well as credit growth apart from addressing stress in the NBFC sector.

BCCI secretary proposes 10 years of jail term for fixers

BCCI secretary proposes 10 years of jail term for fixers

Rediff.com1 May 2016

Board of Control for Cricket in India secretary Anurag Thakur, who is also a Lok Sabha MP, has introduced three private member bills including a significant 'National Sports Ethics Commission' bill which recommends '10 years of jail term' for any sportsperson indulging in match-fixing.

Mallya sinks deeper, as ED registers case against him

Mallya sinks deeper, as ED registers case against him

Rediff.com7 Mar 2016

The ED has pressed charges under various sections of the Prevention of Money Laundering Act against Mallya and others named in the CBI complaint

Mallya seeks more time to appear before ED

Mallya seeks more time to appear before ED

Rediff.com17 Mar 2016

The summons was issued to Mallya under provisions of the Prevention of Money Laundering Act in connection with the IDBI case.

CBI unearths 339 shell companies used to divert Rs 2,900 crore

CBI unearths 339 shell companies used to divert Rs 2,900 crore

Rediff.com7 May 2017

CBI sources said the shell companies were allegedly being used by the suspects to divert loan funds meant for specified purposes, creating fake invoices, and 'round-tripping' of funds to evade taxes and generate black money.

Devyani no longer enjoys immunity, may face arrest warrant: US

Devyani no longer enjoys immunity, may face arrest warrant: US

Rediff.com11 Jan 2014

The United States o Friday said senior Indian diplomat Devyani Khobragade, who returned to New Delhi, no longer enjoys immunity and she and Indian government were told that an arrest warrant might be issued against her.

Mallya's passport suspended, court moved for non-bailable warrant

Mallya's passport suspended, court moved for non-bailable warrant

Rediff.com15 Apr 2016

Liquor baron Vijay Mallya's passport has been suspended.

US accounting work for Indian BPOs

US accounting work for Indian BPOs

Rediff.com14 Jul 2005

A growing number of US companies are looking to India's outsourcing firms to cut the cost and time needed to comply with a US corporate governance law that calls for timely and accurate reporting of financial accounts.

Will India face a China-Pakistan war in November?

Will India face a China-Pakistan war in November?

Rediff.com17 Oct 2020

The Indian Army's Northern Command would be stretched if all three of the corps under it -- based in Leh, Srinagar, and Nagrota (near Jammu) -- were to face hostilities, notes David Devadas.

ED unearths new shell firms linked to Mallya; raids his close aide

ED unearths new shell firms linked to Mallya; raids his close aide

Rediff.com29 Jul 2019

The raids resulted in recovery of documents of some dummy firms linked to Mallya like Gold Reef Investments Ltd and McDowell Holdings Ltd.

Devyani Khobragade BARRED from entering United States

Devyani Khobragade BARRED from entering United States

Rediff.com11 Jan 2014

Expelled Indian diplomat Devyani Khobragade, in effect, has been barred entry into the United States.

The Lodha report in a nutshell

The Lodha report in a nutshell

Rediff.com4 Jan 2016

The Justice RM Lodha Committee on Monday submitted its report suggesting reforms in the Board of Control for Cricket in India (BCCI) to the Supreme Court. The committee, which was last year appointed by the apex court to make recommendations to the BCCI in order to prevent frauds and conflict of interest in cricket administration, recommended sweeping reforms for the controversy-ridden board.

SC refuses to entertain stay on BCCI elections

SC refuses to entertain stay on BCCI elections

Rediff.com18 May 2016

The Supreme Court refused to entertain a plea seeking stay on the Board of Control for Cricket in India elections scheduled to take place on May 22.

Got calls about winning Pak lotteries? Beware!

Got calls about winning Pak lotteries? Beware!

Rediff.com14 Jul 2015

Con men use Pakistani cell phone numbers to make calls to people in India.