News for 'funding'

Builder Arrested in Chhattisgarh for Odisha DMF Fraud

Builder Arrested in Chhattisgarh for Odisha DMF Fraud

Rediff.com7 days ago

Odisha Police's Economic Offence Wing (EOW) has arrested a builder from Chhattisgarh for his alleged involvement in swindling Rs 9.6 crore from the District Mineral Foundation (DMF) in Mayurbhanj.

Street Signs: Narrowing window, upping the colo game, and test of patience

Street Signs: Narrowing window, upping the colo game, and test of patience

Rediff.com9 Mar 2026

With domestic markets turning choppy, investors are increasingly scouting for opportunities overseas to diversify portfolios and hedge against a weakening rupee.

No nukes, reopen Hormuz: Trump's 15-point plan to end Iran war

No nukes, reopen Hormuz: Trump's 15-point plan to end Iran war

Rediff.com1 days ago

In a bid to de-escalate Middle East tensions, the US has presented Iran with a comprehensive 15-point peace plan focusing on nuclear disarmament and regional stability in exchange for sanctions relief.

CoinDCX Co-founders Released on Bail in Alleged Cheating Case

CoinDCX Co-founders Released on Bail in Alleged Cheating Case

Rediff.com2 days ago

A court in Thane district granted bail to CoinDCX co-founders Sumit Gupta and Neeraj Khandelwal in an alleged Rs 71.60 lakh cheating case, citing a lack of prima facie evidence against them. The case involves allegations of impersonation and misuse of the CoinDCX brand by fraudsters.

CoinDCX Founders Held Over Cryptocurrency Investment Fraud Allegations

CoinDCX Founders Held Over Cryptocurrency Investment Fraud Allegations

Rediff.com3 days ago

Two co-founders of the cryptocurrency exchange platform CoinDCX have been arrested by Thane police in connection with an alleged fraud of Rs 71.6 lakh. The arrests follow an FIR filed against the founders for cheating, criminal breach of trust, and fraud.

Abhishek Banerjee Alleges BJP Conspiracy Against Citizens Through Electoral Roll Deletions

Abhishek Banerjee Alleges BJP Conspiracy Against Citizens Through Electoral Roll Deletions

Rediff.com7 hours ago

Trinamool Congress leader Abhishek Banerjee has accused the BJP government of conspiring against Indian citizens by deleting names from electoral rolls and diverting attention from core issues.

How an 81-Year-Old Businessman Was Scammed Out of Millions

How an 81-Year-Old Businessman Was Scammed Out of Millions

Rediff.com4 days ago

An 81-year-old businessman in Belagavi, Karnataka, was allegedly defrauded of over 1.5 million in a 'digital arrest scam' after fraudsters posing as CBI officials accused him of financial crimes.

Ex-Bank Manager, Nine Others Convicted in 2004 Mumbai Loan Scam

Ex-Bank Manager, Nine Others Convicted in 2004 Mumbai Loan Scam

Rediff.com2 days ago

A special CBI court in Mumbai has convicted a retired bank manager and nine others in connection with a 2004 loan fraud case, sentencing them to prison terms ranging from one to five years.

Enforcement Directorate Moves to Extradite Key Accused in Torres Jewellery Fraud

Enforcement Directorate Moves to Extradite Key Accused in Torres Jewellery Fraud

Rediff.com3 days ago

The Enforcement Directorate (ED) has initiated the extradition process against Ukrainian national Olena Stoian, a key accused in the multi-crore Torres fraud case, by approaching the special PMLA court for necessary documentation.

Rupee on March 24, 2026: Rupee Declines as Dollar Strengthens and Crude Prices Rise

Rupee on March 24, 2026: Rupee Declines as Dollar Strengthens and Crude Prices Rise

Rediff.com2 days ago

The Indian rupee weakened against the US dollar due to a strengthening dollar, high crude oil prices, and foreign fund outflows amid geopolitical uncertainties.

Enforcement Directorate Investigates Rs 590 Crore Embezzlement from Haryana Government Accounts

Enforcement Directorate Investigates Rs 590 Crore Embezzlement from Haryana Government Accounts

Rediff.com11 Mar 2026

The Enforcement Directorate (ED) conducted searches at 19 locations in Haryana and Chandigarh concerning the alleged embezzlement of Rs 590 crore from Haryana government accounts held with IDFC First Bank. The investigation focuses on identifying business entities involved in concealing the money trail and proceeds of the crime.

Volleyball Federation of India Receives Provisional Recognition Amid Visa and Payment Concerns

Volleyball Federation of India Receives Provisional Recognition Amid Visa and Payment Concerns

Rediff.com6 days ago

The International Volleyball Federation (FIVB) has granted provisional recognition to the Volleyball Federation of India (VFI) while also raising concerns with the IOA regarding visa delays for athletes and pending dues from private partners.

Sensex, Nifty Tumble as West Asia Conflict and Oil Prices Weigh on Investor Sentiment

Sensex, Nifty Tumble as West Asia Conflict and Oil Prices Weigh on Investor Sentiment

Rediff.com13 Mar 2026

Indian equity markets experienced a significant downturn as geopolitical tensions in West Asia, rising oil prices, and foreign fund outflows dampened investor confidence. The Sensex and Nifty both fell sharply in early trade, reflecting broader global market weakness.

Maharashtra Reunites Over 91,000 Missing Girls with Families

Maharashtra Reunites Over 91,000 Missing Girls with Families

Rediff.com1 days ago

Maharashtra Chief Minister Devendra Fadnavis announced that over 91,000 missing girls have been traced and reunited with their families in the state over the past 13 years. Improvements in tracking mechanisms, police response, and criminal justice reforms have contributed to this success.

Cybercrime Ring Busted: Delhi Police Uncovers Digital Arrest and Fake IPO Scams

Cybercrime Ring Busted: Delhi Police Uncovers Digital Arrest and Fake IPO Scams

Rediff.com1 days ago

Delhi Police have arrested six individuals linked to interstate cybercrime syndicates involved in digital arrest, fake IPO, and trading scams, recovering millions of rupees.

Jeweller Arrested in Rs 250 Crore IDFC Bank Fraud Case: What We Know

Jeweller Arrested in Rs 250 Crore IDFC Bank Fraud Case: What We Know

Rediff.com14 Mar 2026

A jeweller has been arrested in Haryana in connection with a Rs 590 crore fraud at IDFC First Bank. The investigation revealed that over Rs 250 crore was routed to the jeweller's firm from companies linked to the accused.

Enforcement Directorate Attaches 581 Crore Assets of Reliance Group Companies

Enforcement Directorate Attaches 581 Crore Assets of Reliance Group Companies

Rediff.com12 Mar 2026

The Enforcement Directorate (ED) has attached assets worth over 581 crore belonging to Reliance Home Finance Limited (RHFL) and Reliance Commercial Finance Limited (RCFL), companies of Reliance Group Chairman Anil Ambani, as part of an ongoing investigation.

How Will Midcap Funds Perform In 2026?

How Will Midcap Funds Perform In 2026?

Rediff.com8 Jan 2026

Fund managers advise conservative investors to cap midcap exposure at 10 to 15 per cent of their equity portfolio.

Kakori Martyrs' Statues Demolished in UP, Sparking Political Fury

Kakori Martyrs' Statues Demolished in UP, Sparking Political Fury

Rediff.com2 days ago

Statues of Kakori train action martyrs demolished in Shahjahanpur, Uttar Pradesh, during road construction, triggering outrage and demands for action.

Punjab CM Accuses Centre of Aiding Gangster Bishnoi

Punjab CM Accuses Centre of Aiding Gangster Bishnoi

Rediff.com16 Mar 2026

Punjab Chief Minister Bhagwant Mann has accused the central government of providing special treatment to gangster Lawrence Bishnoi, who is accused in the Sidhu Moosewala murder case. Mann's criticism comes after Union Minister Amit Shah spoke about gang activities in Punjab.

Arunachal Man Arrested Over Threat to Shoot Assam CM

Arunachal Man Arrested Over Threat to Shoot Assam CM

Rediff.com5 days ago

A 29-year-old man has been arrested in Arunachal Pradesh for sending a threatening message to Assam Chief Minister Himanta Biswa Sarma via WhatsApp.

Licious bets big on micro mkts within cities

Licious bets big on micro mkts within cities

Rediff.com18 Mar 2026

Direct-to-consumer meat and seafood platform Licious is betting big on "micro markets" within cities as the next lever of growth.

SC asks CBI, ED to conduct 'fair, time-bound' probe into Anil Ambani Group banking fraud

SC asks CBI, ED to conduct 'fair, time-bound' probe into Anil Ambani Group banking fraud

Rediff.com3 days ago

The Supreme Court has ordered a 'fair, dispassionate, transparent, and time-bound' investigation by the CBI and ED into the Anil Dhirubhai Ambani Group, addressing concerns over alleged large-scale banking fraud and demanding accountability.

Three Arrested in Shastri Nagar Robbery: How Police Cracked the Case

Three Arrested in Shastri Nagar Robbery: How Police Cracked the Case

Rediff.com4 days ago

Delhi Police have arrested three men for allegedly robbing a transport company employee of Rs 23 lakh at gunpoint near Shastri Nagar Metro station. The robbery was executed based on an insider tip-off, and a significant portion of the stolen cash has been recovered.

Markets Crash Nearly 2%: BSE Sensex tumbled 1,342 pts; NSE Sinks Below 24K

Markets Crash Nearly 2%: BSE Sensex tumbled 1,342 pts; NSE Sinks Below 24K

Rediff.com11 Mar 2026

Indian stock market indices Sensex and Nifty experienced a significant decline, driven by rising crude oil prices, sustained foreign fund outflows, and selling pressure in major bank stocks.

Enforcement Directorate Investigates 590 Crore Fraud in Haryana Government Accounts

Enforcement Directorate Investigates 590 Crore Fraud in Haryana Government Accounts

Rediff.com11 Mar 2026

The Enforcement Directorate has launched a money laundering investigation into the alleged embezzlement of 590 crore from Haryana government accounts held with IDFC First Bank, conducting searches across multiple locations.

Pune Businessman Accuses Godman of 600,000 Fraud

Pune Businessman Accuses Godman of 600,000 Fraud

Rediff.com8 hours ago

A Pune-based businessman has accused self-styled godman Ashok Kharat of defrauding him of Rs 6 crore (600,000) under the guise of helping him establish a logistics business abroad. This is the eighth case registered against Kharat, who is already in police custody on separate charges.

West Asia conflict, crude oil prices to steer stock markets this week

West Asia conflict, crude oil prices to steer stock markets this week

Rediff.com4 days ago

Analysts predict that developments in West Asia and their impact on crude oil prices will heavily influence investor sentiment in the upcoming week. Global market trends, foreign investor activity, and rupee-dollar movement will also play a role.

Myanmar insurgent training: 7 foreigners' phones sent for analysis

Myanmar insurgent training: 7 foreigners' phones sent for analysis

Rediff.com7 days ago

A Delhi court has granted the National Investigation Agency (NIA) 11-day custody of several foreign nationals accused of training Myanmar-based Ethnic Armed Groups (EAGs) known to support insurgent groups in India.

Hiring Outlook Brightens for FY27

Hiring Outlook Brightens for FY27

Rediff.com10 hours ago

Hiring demand strongest in ecommerce, tech startups, healthcare, and energy sectors, with Bengaluru, Hyderabad, and Pune leading.

Sports Ministry Sets Stricter Criteria for Asian Games Coaches

Sports Ministry Sets Stricter Criteria for Asian Games Coaches

Rediff.com12 hours ago

The Sports Ministry has introduced stricter guidelines for selecting coaches for India's Asian Games contingent, prioritising demonstrable contribution and regular association with athletes to manage the increasing number of requests.

Outrage in UP's Shahjahanpur as statues of Kakori martyrs razed

Outrage in UP's Shahjahanpur as statues of Kakori martyrs razed

Rediff.com2 days ago

The demolition of statues honouring Kakori train action martyrs in Uttar Pradesh has ignited a political firestorm, prompting outrage and demands for accountability.

Want To Invest In Largecap Funds In 2026?

Want To Invest In Largecap Funds In 2026?

Rediff.com5 Jan 2026

Largecap equity funds remain suitable for conservative and moderate risk-taking investors seeking relatively stable returns.

Rajasthan Royals Sold For $1.63 Billion: Who Is Kal Somani?

Rajasthan Royals Sold For $1.63 Billion: Who Is Kal Somani?

Rediff.com1 days ago

A consortium led by Kal Somani, a tech entrepreneur, has acquired Rajasthan Royals for $1.63 billion, marking a significant milestone in IPL's history.

Parliamentary panel wants minimum pension under EPS hiked to Rs 7500

Parliamentary panel wants minimum pension under EPS hiked to Rs 7500

Rediff.com17 Mar 2026

A parliamentary panel has recommended an urgent review of the Rs 1,000 minimum monthly pension under the Employees' Pension Scheme, 1995, to raise it to a more realistic and dignified level, considering the rising cost of living and the financial hardships faced by pensioners.

Man Arrested in Rajasthan Luxury Car and Crypto Investment Fraud

Man Arrested in Rajasthan Luxury Car and Crypto Investment Fraud

Rediff.com13 Mar 2026

Rajasthan Police have arrested a man allegedly involved in a large-scale fraud that collected crores in funds from people under the pretext of luxury car sales, cryptocurrency, and social media-based investment schemes.

International Cyber Fraud Racket Busted in J&K: Seven Arrested

International Cyber Fraud Racket Busted in J&K: Seven Arrested

Rediff.com7 days ago

The Jammu and Kashmir Police's Counter Intelligence Wing (CIK) has dismantled a sophisticated international cyber fraud racket, arresting seven individuals in Srinagar. The operation targeted victims in the USA, UK, and Canada, using advanced techniques to steal funds through deceptive online schemes.

How Long Can India Absorb Rising Fuel Costs?

How Long Can India Absorb Rising Fuel Costs?

Rediff.com3 days ago

India's net oil import bill could rise by $56 billion to $64 billion annually assuming global crude averages $110 to $115 per barrel in FY27.

Daughter's Tears of Joy as Kashmiri Separatist Shabir Shah Gets Bail

Daughter's Tears of Joy as Kashmiri Separatist Shabir Shah Gets Bail

Rediff.com12 Mar 2026

The Supreme Court granted bail to Kashmiri separatist leader Shabir Ahmad Shah, prompting an emotional response from his daughter, Sehar Shabir Shah, who described it as the end of a long wait for justice.

Assam CM Defends Zubeen Garg Murder Charges Despite Singapore Coroner's Ruling

Assam CM Defends Zubeen Garg Murder Charges Despite Singapore Coroner's Ruling

Rediff.com1 days ago

Opposition parties question the Assam police's murder charges in the Zubeen Garg death case after a Singapore coroner ruled out foul play, while Chief Minister Himanta Biswa Sarma defends the state's investigation.