News for 'funds diversion'

Dilli Abhi Door Ast

Dilli Abhi Door Ast

Rediff.com17 Oct 2022

Regional films may have prevailed over the country, but regional leaders still have far mountains to climb to reach Delhi, asserts Shreekant Sambrani.

Why Didn't #BoycottBrahmastra Work?

Why Didn't #BoycottBrahmastra Work?

Rediff.com14 Sep 2022

Nobody else needs to boycott Bollywood, they are doing a pretty good job of digging up their own foundation, notes Deepa Gahlot.

At UNGA, PM Modi takes a veiled dig at China

At UNGA, PM Modi takes a veiled dig at China

Rediff.com24 Sep 2019

Modi called for global solidarity and readiness against terrorism in the same way the world has shown solidarity against challenges like climate change.

Mallya says only shareholders can 'oust' him from USL

Mallya says only shareholders can 'oust' him from USL

Rediff.com26 Apr 2015

Asked to quit United Spririts' board, Vijay Mallya struck a defiant note saying he 'intends' to continue as its Chairman.

Viral Acharya wants better disclosures by corporates

Viral Acharya wants better disclosures by corporates

Rediff.com2 Jul 2019

A lack of adequate disclosures raises the financing costs of corporate firms, especially sub-investment grade ones, and keeps the capital markets small, believes RBI deputy governor Viral Acharya.

India's E-Commerce: Great Leap Forward

India's E-Commerce: Great Leap Forward

Rediff.com8 Jan 2022

Live commerce, quick commerce, group buying, WhatsApp commerce, dukaantech have made their mark.

'Your money is safe with nationalised banks'

'Your money is safe with nationalised banks'

Rediff.com23 Nov 2020

'No commercial bank will be allowed to fail. There is nothing to worry about.'

India is Wikipedia's fifth largest market

India is Wikipedia's fifth largest market

Rediff.com14 Jan 2021

Online encyclopedia Wikipedia has a long-term commitment to India and is focussing on bringing more users to its platform by meeting language needs of communities and introducing tools to ease access, a top Wikimedia Foundation executive said. Wikipedia, which is operated by non-profit organisation Wikimedia Foundation, already counts India as its fifth largest market. It gets about 750 million page views a month from the Indian audience.

Nasper-backed PayU in talks to acquire BillDesk for up to $4 billion

Nasper-backed PayU in talks to acquire BillDesk for up to $4 billion

Rediff.com7 Jul 2021

Nasper-backed fintech firm PayU has started talks to acquire domestic payment gateway major BillDesk, and the deal size could be in the range of $3-4 billion, sources in the know said. "BillDesk has been open to being acquired for some time now, but in the past the valuations that the company was seeking proved to be a hurdle," said a source. "Three years ago too, PayU had approached BillDesk for an acquisition, but things didn't go ahead due to high valuations. "BillDesk had asked for $2-billion value then," said the source.

US court rejects Nirav Modi's plea against fraud charges

US court rejects Nirav Modi's plea against fraud charges

Rediff.com19 Oct 2021

In a major blow to Nirav Modi, a bankruptcy court in the US has rejected a petition of the fugitive diamond merchant and two of his associates, seeking dismissal of fraud allegations against them by the trustee of three companies they previously owned indirectly.

Nirav Modi has been dethroned!

Nirav Modi has been dethroned!

Rediff.com2 Mar 2022

If there were an Olympics for bank frauds in India, Rishi Agarwal, founder and former chairman of ABG Shipyard Ltd, a nephew of the Ruia brothers of the Essar group, would bag the gold, pushing Nirav Modi to his right, says Tamal Bandyopadhyay.

'Kindness is so important, especially in today's age'

'Kindness is so important, especially in today's age'

Rediff.com7 Sep 2022

'I was always told that one day your beauty will fade.' 'Hence, what's important is how you make people feel and how you treat them.' 'Are you kind? Do you have good intentions?' 'If that quality is there in you, no matter what you do or where you are in your life, people will always remember you.'

These MFs can create wealth for you

These MFs can create wealth for you

Rediff.com14 Sep 2020

Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.

Nykaa looks to raise Rs 3,500-4,000 cr via IPO

Nykaa looks to raise Rs 3,500-4,000 cr via IPO

Rediff.com3 Aug 2021

FSN E-Commerce Ventures, which runs online marketplace for beauty and wellness products Nykaa, has filed preliminary papers with markets regulator Sebi to raise Rs 3,500-4,000 crore through an initial share-sale.

Mallya resigns as USL chief; to be paid Rs 515 crore

Mallya resigns as USL chief; to be paid Rs 515 crore

Rediff.com25 Feb 2016

Mallya will now be the Founder Emeritus of USL

Infosys commits to provide Salesforce 500 tech jobs

Infosys commits to provide Salesforce 500 tech jobs

Rediff.com17 Nov 2021

IT services major Infosys on Wednesday announced a new programme, wherein it will offer 500 job seekers the opportunity to complete a fully digital, online diploma course certified by Salesforce. The programme aims to prepare Americans for 21st century careers in the technology sector. Leveraging Trailhead, Salesforce's free online learning platform, the program will train these 500 American workers, free of cost, for roles at Infosys as Salesforce Certified Administrators and Salesforce Industries Developers, a statement said. The programme, targeting recent graduates from major universities, liberal arts colleges, and community colleges, will help Infosys to create a workforce prepared for the future, it added.

The Dangerous Ploy of Poll Freebies

The Dangerous Ploy of Poll Freebies

Rediff.com3 Dec 2021

The culture of freebies burdens coming generations with the huge bill for the flagrant abuse of power by preceding governments, points out Virendra Kapoor.

At $9.3bn, India's tech investments grew 95% in 2019

At $9.3bn, India's tech investments grew 95% in 2019

Rediff.com17 Jan 2020

The data collated by Dealroom.co and revealed in London this week shows that the Indian investment figures coincided with record investment numbers registered by the UK in 2019, at USD 13.2 billion, behind the US (USD 116 bn) and China (USD 33.5 bn). Both India and the UK witnessed a record year in terms of investments into their respective technology sectors in 2019. India attracted tech investments worth USD 9.36 billion last year, which marks a 95 per cent hike on the previous year, it said.

4 rules to make money in a bull market

4 rules to make money in a bull market

Rediff.com5 Jul 2017

'A fund investor could pick, say, three of the top active funds in any given category.'

Bharti Telecom sells 2.75% stake in Airtel for Rs 8,433 cr

Bharti Telecom sells 2.75% stake in Airtel for Rs 8,433 cr

Rediff.com26 May 2020

The sale proceeds will be fully utilised to repay debt at Bharti Telecom and will make the promoter holding firm a 'debt free company'.

Edtech, logistics and gig-economy to drive jobs

Edtech, logistics and gig-economy to drive jobs

Rediff.com25 Feb 2021

Fresher hiring is expected to more than double compared to last year.

Why India must create new programming languages...

Why India must create new programming languages...

Rediff.com19 Apr 2022

Why hasn't India produced a single earth-shaking idea like Python or the World Wide Web, asks Ajit Balakrishnan.

RIL strikes 5th deal, sells 2.32% in Jio Platforms to KKR

RIL strikes 5th deal, sells 2.32% in Jio Platforms to KKR

Rediff.com22 May 2020

Diverse marquee investors are becoming long-term shareholders of Jio Platforms because of a unique set of technologies and platforms under one entity.

From Shy Kid To Rhodes Scholar: Ritika Mukherji's Journey

From Shy Kid To Rhodes Scholar: Ritika Mukherji's Journey

Rediff.com17 Jan 2022

It's not every day that an undergraduate from India wins a scholarship to study at one of the prestigious universities in the world.

6 Reasons Why It's Near Impossible To Defeat Modi

6 Reasons Why It's Near Impossible To Defeat Modi

Rediff.com5 Apr 2022

It may well be possible to defeat Modi. But nobody seems to know how, points out Vir Sanghvi.

The Best Wildlife Photographs, 2022!

The Best Wildlife Photographs, 2022!

Rediff.com25 Oct 2022

The winners of the Natural History Museum's prestigious Wildlife Photographer of the Year competition were announced at an awards ceremony in London. American photographer Karine Aigner was announced as this year's Wildlife Photographer of the Year.

Tarun Gogoi: Cong stalwart who led Assam from the front

Tarun Gogoi: Cong stalwart who led Assam from the front

Rediff.com23 Nov 2020

The 84-year old veteran Congressman, who died from post-COVID complications on Monday, was a Nehru-Gandhi family loyalist.

Karvy fiasco: How brokers exploited the loopholes

Karvy fiasco: How brokers exploited the loopholes

Rediff.com9 Dec 2019

What's required is proper implementation of the rules and better coordination between market intermediaries such as stock exchanges and clearing members who play a key role in monitoring brokerages.

Cricket On the Rise in US of A

Cricket On the Rise in US of A

Rediff.com21 Sep 2021

'We are recreating the biggest sports rivalry in the world, which is Indians versus Pakistanis right here in the United States.'

ED searches Naresh Goyal's premises in Delhi, Mumbai

ED searches Naresh Goyal's premises in Delhi, Mumbai

Rediff.com23 Aug 2019

Goyal was questioned by the Serious Fraud Investigation Office on Thursday in Mumbai in connection with allegations of some financial irregularities.

India must embrace Biden's B3W initiative

India must embrace Biden's B3W initiative

Rediff.com1 Jul 2021

Joe Biden's B3W proposal aims to bring democracies together. India should come up with its own plans to contribute to the initiative, states Rahul Mishra.

Why Modi is unperturbed by Pawar's meeting

Why Modi is unperturbed by Pawar's meeting

Rediff.com28 Jun 2021

Pawar and his Manch can deliberate to their hearts' content, but so long as the Congress does not play ball the BJP has little to worry, asserts Virendra Kapoor.

IBC tweak: 'Wilful defaulters' may now seek legal help

IBC tweak: 'Wilful defaulters' may now seek legal help

Rediff.com24 Nov 2017

Essar group, Bhushan Steel and JSW group likely to be impacted by changes

10 Most Popular Stocks

10 Most Popular Stocks

Rediff.com2 May 2022

10 stocks which are most popular with brokerages right now and are expected to deliver maximum upside over the next 12 months.

S&P 'sceptical' of allowing corporate ownership in banks

S&P 'sceptical' of allowing corporate ownership in banks

Rediff.com24 Nov 2020

S&P Global Ratings on Monday expressed scepticism over allowing corporate ownership in banks given India's weak corporate governance amid large corporate defaults over the past few years. It also said that the Reserve Bank of India (RBI) will face challenges in supervising non-financial sector entities at a time when the health of financial sector is weak. Last week, a RBI panel had proposed that large corporate may be permitted to promote banks, as well as raising the cap on promoters' stake in private sector banks to 26 per cent, from15 per cent at present.

Agnipath Anger: Why Modi Needs To Worry

Agnipath Anger: Why Modi Needs To Worry

Rediff.com20 Jun 2022

There is disquiet and discomfort in the citizenry that can be touched and felt. No one is talking, but then, the Indian voter has not talked much -- with the conviction that all that goes up has to come down, observes N Sathiya Moorthy.

SWF assets reach $4 trillion in 2011

SWF assets reach $4 trillion in 2011

Rediff.com9 Mar 2011

SWF is state-owned investment fund composed of financial assets such as stocks, bonds, property, precious metals or other financial instruments.

HELP Satish Achieve His Dream

HELP Satish Achieve His Dream

Rediff.com29 Jun 2021

The one thing holding back the plucky youngster who has never hesitated to plunge into unknown territory, is funds

Sebi diktat on splitting chairman, MD/CEO roles

Sebi diktat on splitting chairman, MD/CEO roles

Rediff.com6 Apr 2021

Capital markets regulator Sebi on Tuesday asked listed companies to work towards splitting the roles of chairman and managing director before the April 2022 deadline, as the new directive is not aimed at weakening the position of promoters. Listed entities were initially required to separate the roles of chairperson and MD/CEO from April 1, 2020 onwards. However, based on industry representations, an additional time period of two years was given for compliance. The regulation will now be applicable to the top 500 listed entities by market capitalisation, with effect from April 1, 2022.

There is a political effort to depict our govt in a certain way: Jaishankar

There is a political effort to depict our govt in a certain way: Jaishankar

Rediff.com27 May 2021

"This is what this government did. Now, if you are feeding more than two and a half times the population of the United States and you are funding more than the population of the US and you're doing this pretty much anonymously and impersonally in the sense beyond the name and the detail, the bank account of the person. We're not asking anything more. There is no criteria of discrimination," Jaishankar, also a senior leader of the ruling Bharatiya Janata Party, said.