News for 'funds diversion'

Kamala's 'story is the American story', says Biden

Kamala's 'story is the American story', says Biden

Rediff.com21 Aug 2020

Soon after Biden concluded his speech, Harris and her husband Douglas Emhoff joined him and his wife Jill Biden.

Boardroom battles hot up as top executives step down

Boardroom battles hot up as top executives step down

Rediff.com7 Feb 2012

This will be the second high-profile exit from the company in recent months after Arun Kapur, the former chief executive, quit late last year.

Wild Karnataka, India's first natural history film

Wild Karnataka, India's first natural history film

Rediff.com16 Oct 2019

After four years in the making, a band of 20 film-makers were left with 400 hours of footage for what is now India's first blue chip natural history film.

Mallya to pursue legal action against 'wilful defaulter' tag

Mallya to pursue legal action against 'wilful defaulter' tag

Rediff.com4 Sep 2014

UBI's exposure to Kingfisher Airlines was around Rs 350 crore (Rs 3.50 billion) as part of consortium led by State Bank of India.

Will turncoats, pandemic mar BJP's chances in Goa?

Will turncoats, pandemic mar BJP's chances in Goa?

Rediff.com15 Jul 2021

If pandemic (mis)management threatened to dominate Goa's electoral discourse, the BJP is up against a deeper structural issue in its organisation, created by the fact that a majority of the legislature party and the ministerial council is made up of Congress defectors, disparagingly referred to by the Opposition as "imports". Radhika Ramaseshan reports.

Cong backs govt action against NGOs

Cong backs govt action against NGOs

Rediff.com1 Mar 2012

Backing the government over action against the NGOs found to be prima facie involved in diversion of foreign funds, Congress on Thursday suggested that the ambit of investigations should be widened to cover all organizations which are trying to stop India's growth trajectory.

Team Anna wants Lokpal bill passed before Food Security bill

Team Anna wants Lokpal bill passed before Food Security bill

Rediff.com19 Dec 2011

Team Anna on Monday evening demanded that Lokpal Bill be passed by Parliament before the legislation on Food Security to ensure that the money spent on ensuring food for all reaches the deserved without any diversion of funds.

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.

DoT diverted Rs 33,682.86 cr rural telephone money, says CAG

DoT diverted Rs 33,682.86 cr rural telephone money, says CAG

Rediff.com12 May 2015

The Universal Service Obligation fund was set up in April 2002 and a statutory status was given to it.

IL&FS case reveals what India's resolution mechanism is lacking

IL&FS case reveals what India's resolution mechanism is lacking

Rediff.com1 May 2021

The infra-major going belly up cracked open some major flaws in the system - the most evident being weak corporate governance and how layers of corporate structures could be formed adding to the opaqueness of the group.

Lakshadweep: Parties oppose 'anti-people' reforms of Administrator

Lakshadweep: Parties oppose 'anti-people' reforms of Administrator

Rediff.com24 May 2021

Opposition parties in Lakshadweep and Kerala are up in arms against various measures initiated by the Administrator of the group of islands, terming them as 'anti-people' and have sought his recall.

Alarming rise in banking frauds, warns RBI

Alarming rise in banking frauds, warns RBI

Rediff.com3 Jul 2017

It adds that banks could be hiding some of the fraud cases, masking these as bad debt

'Mallya should not continue on United Spirits board'

'Mallya should not continue on United Spirits board'

Rediff.com19 Sep 2014

The firm has advised United Spirits Ltd's shareholders to vote against the proposal to re-appoint Mallya as director on the board.

Leonardo DiCaprio's brush with India

Leonardo DiCaprio's brush with India

Rediff.com24 Sep 2010

The actor met Indian Minister of Environment Minister Jairam Ramesh at an event in New York on Thursday.

Why Isha Singh Wanted To Join The IPS

Why Isha Singh Wanted To Join The IPS

Rediff.com2 Dec 2021

'Many enter the civil services with the desire to do good work but get beaten by the system, step back or become part of it.' 'Ten fantastic officers out of 100 can completely change the game.'

Modi meets top American CEOs in first engagement in US

Modi meets top American CEOs in first engagement in US

Rediff.com23 Sep 2021

Prime Minister Narendra Modi began his engagements in the US on Thursday by meeting with leading American CEOs from five different key sectors and highlighted the economic opportunities in India.

Post restructuring, SBI-led consortium may hold around 40% stake in Jet

Post restructuring, SBI-led consortium may hold around 40% stake in Jet

Rediff.com17 Jan 2019

The airline has struggled to pay salaries and vendors on time and its Rs 10,963 crore fund and non fund based facilities have now been assigned 'D' rating by ICRA - the seventh rating downgrade since March 2017.

Development shouldn't be seen through political prism: PM @ AMU event

Development shouldn't be seen through political prism: PM @ AMU event

Rediff.com22 Dec 2020

The last time a prime minister attended an event at AMU was Lal Bahadur Shastri in 1964. Before him, then prime minister Jawaharlal Nehru had visited the AMU four times.

3 Jet suitors to be named on Tuesday

3 Jet suitors to be named on Tuesday

Rediff.com11 Aug 2019

The possible date for bidders to submit a resolution plan to the adjudicating authority -- National Company Law Tribunal (NCLT) -- is September 27.

Ravi Shastri turns entrepreneur

Ravi Shastri turns entrepreneur

Rediff.com13 Nov 2020

23 Yards will include body wash, beard oil, shaving gel, deodorant and sanitizer.

2 reasons why India's market capitalisation is down $274 billion

2 reasons why India's market capitalisation is down $274 billion

Rediff.com18 Feb 2019

The weakness in the rupee and broader markets has led to evaporation in the market cap.

60% women lost jobs in the lockdown

60% women lost jobs in the lockdown

Rediff.com8 Mar 2021

With longer work hours and a work from home set-up during the COVID-19 pandemic, women bore the maximum brunt by performing a dual role as a working professional as well as a caregiver.

MEA slams US report that downgraded India to partly free

MEA slams US report that downgraded India to "partly free"

Rediff.com5 Mar 2021

Asked about the report, MEA spokesperson Anurag Srivastava said, "The political judgements of Freedom House are as inaccurate and distorted as their maps."

Mallya's 'sweetheart deal' faces Sebi scrutiny

Mallya's 'sweetheart deal' faces Sebi scrutiny

Rediff.com26 Feb 2016

Such an exit arrangement is commonly known in the business parlance as 'golden parachute' or 'sweetheart deal'

Trump vows to terminate green card lottery after NY attack

Trump vows to terminate green card lottery after NY attack

Rediff.com1 Nov 2017

Trump said he wants to move US immigration to a "merit- based system" and not allow immigrants to bring their extended families.

'Start-up engine in India could be the best in the world'

'Start-up engine in India could be the best in the world'

Rediff.com1 Dec 2017

John Chambers, executive chairman of Cisco, can talk about new age technology, artificial intelligence and crickets - insects being used as super food - all in the same breath.

Fear of Pandemic, Xi and Putin unite G7

Fear of Pandemic, Xi and Putin unite G7

Rediff.com14 Jun 2021

As President Biden moves ahead with a new 'strategic concept' for China and Russia, the going is bound to get rough for the US and its G7 partners, notes Ambassador T P Sreenivasan.

Are investors to partly blame for the start-up crisis?

Are investors to partly blame for the start-up crisis?

Rediff.com19 Nov 2015

They encouraged start-ups to pay for acquiring customers rather than focusing on the business fundamentals.

Back to the wall, will Choksi still manage to pull off a trick or two?

Back to the wall, will Choksi still manage to pull off a trick or two?

Rediff.com12 Jun 2021

Given how everything has played out, Mehul Choksi, now 62, achieved all that he wanted but for all the wrong reasons, says Pavan Lall.

Want to retire early? Think pension plans

Want to retire early? Think pension plans

Rediff.com8 Sep 2016

The idea of retirement planning with a pension plan assures regular income to the policyholder in the form of pension or annuity.

12 mistakes that could kill your start-up

12 mistakes that could kill your start-up

Rediff.com27 Jun 2018

You have a great product. But is that enough?

The Rajapaksas You Did Not Know

The Rajapaksas You Did Not Know

Rediff.com7 Apr 2022

From Sri Lanka's most popular political family to its most despised -- going by the voices on the streets calling for the Rajapaksas' ouster -- what went wrong for the clan? Veteran Sri Lanka watcher N Sathiya Moorthy offers an insight.

Gold crosses historic high of Rs 26,000

Gold crosses historic high of Rs 26,000

Rediff.com10 Aug 2011

In New York, gold rose to an all-time high of $1,782.50 an ounce.

IT raids on ex-Jharkhand CM Koda's assets

IT raids on ex-Jharkhand CM Koda's assets

Rediff.com31 Oct 2009

The searches, which began at 9:30 am, were carried out after the Enforcement Directorate registered a case against 38-year-old Koda for alleged money laundering and diversion of state funds.

CBI team in Mauritius to probe Satyam scam

CBI team in Mauritius to probe Satyam scam

Rediff.com26 Oct 2009

Top officials of the Central Bureau of Investigation are in Mauritius as part of the investigation into the multi-crore Satyam scam, which its founder B Ramalinga Raju confessed to in January.

Former Jharkhand CM booked for money laundering

Former Jharkhand CM booked for money laundering

Rediff.com9 Oct 2009

A case was registered against former Jharkhand chief minister Madhu Koda and three of his cabinet colleagues by the Enforcement Directorate on Friday for alleged money laundering, diversion of state funds and making huge investments abroad without legal sanction. The ED filed a Enforcement Case Information Report (equivalent to a FIR) before the Prevention of Money Laundering Act court in Ranchi against Koda, Kamlesh Singh, Bhanu Pratap Shahi and Bhandu Tirkey.

'It is exciting to work with Ananya Panday'

'It is exciting to work with Ananya Panday'

Rediff.com20 Mar 2021

Meet Ruchika Sachdeva of Bodice, who will present the Grand Finale at the FDCI x Lakme Fashion Week 2021.

COVID-19: 13% museums around the world may never reopen

COVID-19: 13% museums around the world may never reopen

Rediff.com19 May 2020

On the occasion of International Museum Day Monday, two studies by the UN Educational, Scientific and Cultural Organisation and the International Council of Museums said that museums have been especially affected by the COVID-19 pandemic, with nearly 90 per cent of them, or more than 85,000 institutions, having closed their doors for varying lengths of time during the crisis.

And now misuse of Kisan Credit Cards

And now misuse of Kisan Credit Cards

Rediff.com30 Jul 2004

Amrapali CMD may soon be arrested for duping home buyers

Amrapali CMD may soon be arrested for duping home buyers

Rediff.com28 Feb 2019

The SC bench directed the court-appointed forensic auditors to complete their detailed investigation on divergence of home buyers money by Amrapali group before March 22 and list the matter for hearing on March 24.