News for 'fraud prevention'

The Armed Forces's COVID-19 Challenge

The Armed Forces's COVID-19 Challenge

Rediff.com1 May 2020

'The COVID-19 pandemic must push the military into a long-term reconsideration of its primary challenges.' 'There must be greater emphasis on humanitarian aid and disaster relief including the management of contagious illnesses and impending crises caused by climate change,' notes Ajai Shukla.

Rs 3,700cr Noida ponzi: ED raids 5 locations in UP

Rs 3,700cr Noida ponzi: ED raids 5 locations in UP

Rediff.com5 Feb 2017

The Enforcement Directorate on Sunday conducted searches in various Uttar Pradesh cities after it registered a money laundering case to probe the alleged Rs 3,700 ponzi scam case perpetrated by seeking fake social media 'likes' from lakhs of gullible investors by a Noida based firm.

'Scrapping Art 370 will not stand SC scrutiny'

'Scrapping Art 370 will not stand SC scrutiny'

Rediff.com1 Jan 2020

'Our confidence has been strengthened by the fact that the Supreme Court has decided to examine the Constitutional validity of all that has been done on August 5.' 'That in itself is an achievement because the Supreme Court could have very well said you don't have a case at all.' 'The very fact that the honourable court has decided to admit it for regular hearing, and refer it to a Constitutional bench, tells us that the Supreme Court has found merit in our case.'

New Indian envoy to US to arrive amid row over diplomat's arrest

New Indian envoy to US to arrive amid row over diplomat's arrest

Rediff.com23 Dec 2013

S Jaishankar, the new Indian Ambassador to the US, will arrive in Washington on Tuesday to take charge amid a raging diplomatic row over the arrest and strip-search of senior diplomat Devyani Khobragade on visa fraud charges.

NSEL investors move Sebi against FT

NSEL investors move Sebi against FT

Rediff.com20 Nov 2013

The aggrieved investors of National Spot Exchange (NSEL) have moved the Securities and Exchange Board of India (Sebi) against Financial Technologies (FTIL), the listed promoter.

SIT raises red flag on tax evasion through stock exchanges and P-notes

SIT raises red flag on tax evasion through stock exchanges and P-notes

Rediff.com25 Jul 2015

Sebi has also been asked to put in place a mechanism to monitor the beneficial owner of P-notes

Over-zealous staffer may have caused Nirav Modi's fall

Over-zealous staffer may have caused Nirav Modi's fall

Rediff.com19 Feb 2018

The Rs 11,400 crore PNB fraud saga unfolded after a bribery complaint by the Hong Kong branch of an Indian bank.

Mallya accuses SBI of wasting Indian taxpayers' money on UK legal fees

Mallya accuses SBI of wasting Indian taxpayers' money on UK legal fees

Rediff.com19 Apr 2019

Why doesn't anybody ask the PSU State Bank of India under RTI on how much they are spending on legal fees trying to recover money from me in the UK when I have offered 100 per cent payback in India, asked Mallya.

To My Biden-Supporting Friends

To My Biden-Supporting Friends

Rediff.com25 Nov 2020

'On Saturday, I drove my wife over to Beverly Hills for sushi.' 'Two blocks before Rodeo, we turned the car around, because we saw hundreds driving pickup trucks and marching down sidewalks, yelling, donning MAGA gear, and waving huge Trump flags.' I tell you... It was scary.' 'And this didn't look like a defeated throng.' 'These folks looked like they knew something we didn't,' notes Rajiv Satyal, the Los Angeles-based comedian and host.

How to fix the PMC Bank crisis

How to fix the PMC Bank crisis

Rediff.com23 Oct 2019

'Put the assets of PMC Bank and the personal assets of the HDIL promoters and head of PMC Bank in an escrow account and ring-fence it from the ad hoc action of the revenue departments and creditors,' recommends Debashis Basu.

Saradha: ED summons Mithun Chakraborty again

Saradha: ED summons Mithun Chakraborty again

Rediff.com19 Mar 2015

The CBI has recently filed a chargesheet in a court in Kolkata.

From Google to Visa, all phone a friend in US over RBI diktat

From Google to Visa, all phone a friend in US over RBI diktat

Rediff.com21 Jul 2018

Cos ask US treasury to discuss data localisation norms with Indian officials at all platforms the two countries would meet, including G-20, US-India Strategic Dialogue, and IMF Annual Meet.

ED seeks Mallya's deportation; writes to foreign ministry

ED seeks Mallya's deportation; writes to foreign ministry

Rediff.com21 Apr 2016

Mallya is understood to be in the UK after he left India on March 2.

Why govt banks will not be privatised

Why govt banks will not be privatised

Rediff.com28 Mar 2018

'There is a law that prevents the government from diluting its equity in the PSBs below 50 per cent.' 'That law has to be amended and given the parliamentary arithmetic of the political parties, it is not as simple to do that.'

It's time to name and shame defaulters

It's time to name and shame defaulters

Rediff.com4 Dec 2018

Spare the serious entrepreneurs but don't allow the rogues to use the shield of secrecy, writes Tamal Spare the serious entrepreneurs but don't allow the rogues to use the shield of secrecy, says Tamal Bandyopadhyay.

Loan default case: ED quizzes ex-CFO of Kingfisher Airlines

Loan default case: ED quizzes ex-CFO of Kingfisher Airlines

Rediff.com11 Mar 2016

The agency is also investigating the overall financial structure of Kingfisher Airlines.

In-person registration of diplomats' domestic workers a must: US

In-person registration of diplomats' domestic workers a must: US

Rediff.com15 Jan 2014

The United States has said that in-person registration of domestic workers of foreign diplomats would be mandatory, an apparent fallout of the arrest of Indian diplomat Devyani Khobragade over alleged misrepresentation of the salary paid to her maid.

ED attaches UB Holdings, Mallya assets worth Rs 1,411 cr

ED attaches UB Holdings, Mallya assets worth Rs 1,411 cr

Rediff.com12 Jun 2016

Enforcement Directorate to approach court to attach industrialist's properties worth Rs 4,000 crore

RBI diktat on data storage upsets payments providers

RBI diktat on data storage upsets payments providers

Rediff.com23 May 2018

The RBI on April 6 directed all payments service providers to make sure "that the entire data relating to payment systems operated by them are stored in a system only in India."

'Henceforth, no Indian should fear the taxman'

'Henceforth, no Indian should fear the taxman'

Rediff.com31 Dec 2019

'We have set out a timetable to reduce income tax rates for all incomes below Rs 50 lakh, and to progressively eliminate the surcharges on income above Rs 50 lakh, by 2024.' The Budget speech past CII president Naushad Forbes wants to hear.

ED seeks Interpol red-corner notice against Mallya

ED seeks Interpol red-corner notice against Mallya

Rediff.com9 May 2016

An official request has been made to the CBI to get a notice issued through its Interpol wing

Top NSEL brass, executives failed in duty leading to scam: ED

Top NSEL brass, executives failed in duty leading to scam: ED

Rediff.com10 Aug 2014

The Rs 5,600-crore (Rs 56 billion) NSEL scam could have been averted had its top management and other functionaries "performed their duties and exercised due diligence" to check the dubious activities of defaulting firms which have been alleged to have cheated numerous investors, investigation by Enforcement Directorate (ED) has revealed.

Sebi's plan to sell select assets of Mallya falls flat

Sebi's plan to sell select assets of Mallya falls flat

Rediff.com29 Nov 2017

The assets mentioned in the Sebi order are already in possession of the ED for violation of an anti-money laundering law by Mallya and PMLA overrides all other laws, providing ED first right over the assets.

7 benefits if Insurance Bill is passed

7 benefits if Insurance Bill is passed

Rediff.com27 Oct 2014

It will allow more transparency in policies and flexibility in premium payment, besides improving processing of claims.

Devyani entitled to immunity under UN status, says lawyer

Devyani entitled to immunity under UN status, says lawyer

Rediff.com24 Feb 2014

Indian diplomat Devyani Khobragade's status as a "Special Advisor" to the UN entitled her to diplomatic immunity from prosecution at the time of her arrest last year on visa fraud charges, according to a letter from the United Nations.

12 days and counting... Ruckus forces adjournment of Parliament

12 days and counting... Ruckus forces adjournment of Parliament

Rediff.com20 Mar 2018

The no-confidence motion against the government could not be introduced amid the din in the Lok Sabha.

Government to take 'harsh punitive' action against shell cos

Government to take 'harsh punitive' action against shell cos

Rediff.com10 Feb 2017

In a major crackdown on domestic shell companies, the government on Friday decided to take "harsh punitive" action, including freezing of their bank accounts used to launder money or evade taxes.

Why crypto-assets need to be regulated, not banned

Why crypto-assets need to be regulated, not banned

Rediff.com16 Feb 2019

Crypto-assets are essential to blockchain technology, which has the potential to be one of the next major growth drivers for the software ecosystem in India. A prohibition would nip this opportunity in the bud, say Vaibhav Parikh and Jaideep Reddy.

CBI lodges fresh FIR against Nirav Modi, approaches Interpol

CBI lodges fresh FIR against Nirav Modi, approaches Interpol

Rediff.com17 Feb 2018

The agency on Friday also carried out searches on the premises of the Gitanjali Group at 20 places in Mumbai, Pune, Surat, Jaipur, Hyderabad and Coimbatore.

Customs dept needs major technological overhaul: Tax panel

Customs dept needs major technological overhaul: Tax panel

Rediff.com28 Sep 2014

The Parthasarathy Shome committee gives its second reform report to finance ministry.

H-1B Bill in US House seeks to double minimum pay

H-1B Bill in US House seeks to double minimum pay

Rediff.com31 Jan 2017

The current H-1B minimum wage of USD 60,000 was established in 1989 and since then has remained unchanged.

India is a moral giant; no one can damage its image

India is a moral giant; no one can damage its image

Rediff.com16 May 2020

'India's reputation is not and cannot be dependent on the whimsical opinions of some obscure foreign advisory committee packed with Hindu-phobic acolytes,' declares Vivek Gumaste.

Vijay Mallya declared proclaimed offender by Mumbai court

Vijay Mallya declared proclaimed offender by Mumbai court

Rediff.com14 Jun 2016

Enforcement Directorate is seeking to invoke the India-United Kingdom Mutual Legal Assistance Treaty to extradite Mallya from Britain

Why is PM silent on atrocities on SCs, STs, asks Rahul

Why is PM silent on atrocities on SCs, STs, asks Rahul

Rediff.com3 Apr 2018

He also attacked Modi on the CBSE question papers leak and on the 'leak' of assembly election date for Karnataka, saying Modi was silent on these issues too.

Ponzi scam: ED to file chargesheet in Rose Valley case

Ponzi scam: ED to file chargesheet in Rose Valley case

Rediff.com31 Mar 2015

ED had arrested group chairman Gautam Kundu on March 25.

DeMo aftermath: Cash crunch hobbles White Label ATMs

DeMo aftermath: Cash crunch hobbles White Label ATMs

Rediff.com6 Apr 2018

The cash crunch following demonetisation and transaction fees that do not cover costs are among the reasons why the sector is struggling.

CBI arrests I-T commissioner, top Essar executive for bribery

CBI arrests I-T commissioner, top Essar executive for bribery

Rediff.com4 May 2017

Official is accused of taking a bribe of Rs 2 cr to issue order in an appeal favouring Balaji Trust

Aadhaar upheld as money bill: Cong to move SC again

Aadhaar upheld as money bill: Cong to move SC again

Rediff.com26 Sep 2018

Sibal said the party will certainly move the court if amendments in the Aadhaar Act to be brought after this verdict are not brought in Rajya Sabha for discussion.

Nasscom sets up panel on big data analytics

Nasscom sets up panel on big data analytics

Rediff.com28 Jun 2013

Big data analytics is an expertise that offers actionable insights and is a confluence of a host of specialisations, including mathematics, science and social sciences.

Nephew reveals: Netaji died in 1945 aircrash

Nephew reveals: Netaji died in 1945 aircrash

Rediff.com24 Feb 2018

Laid to Rest: The controversy over Subhas Chandra Bose's death, a book published by Bose's great nephew Ashis Ray, reveals how we've always known the truth, notes Karan Thapar.