News for 'funds diversion'

'Real power comes not from the barrel of a gun'

'Real power comes not from the barrel of a gun'

Rediff.com23 Jan 2021

'...but from those who control the narrative.' Powerful nations have mastered this art of narrative building. Those nations who aspire to become global powers must do so, observes Shanthie Mariet D'Souza.

100% placements for IIM-Lucknow graduates

100% placements for IIM-Lucknow graduates

Rediff.com23 Oct 2017

Irrespective of demonetisation and GST blues, IIM Lucknow has been able to successfully place their batch of 459 students.

Sikh cop makes history in Texas, to be first to wear turban

Sikh cop makes history in Texas, to be first to wear turban

Rediff.com5 Feb 2015

Patrol deputy Sandeep Singh Dhaliwal will be allowed to wear the turban and beard.

Crafting their way to success!

Crafting their way to success!

Rediff.com21 Mar 2019

When these villagers had no work, an NGO stepped in and transformed their lives, says Geetanjali Krishna.

Satyam case: CBI prepares Letters Rogatory

Satyam case: CBI prepares Letters Rogatory

Rediff.com4 Aug 2009

A Letter Rogatory is a formal request from a court in India to a foreign court for judicial assistance. To be sent through a consular or diplomatic channel, the LRs are meant to get evidence.

GIC has mega plans for Indian realty; invests Rs 12,600 crore in 8 months

GIC has mega plans for Indian realty; invests Rs 12,600 crore in 8 months

Rediff.com17 May 2018

GIC entered Indian real estate in 2005, when it did a deal with residential developer XS Real, a Chennai-based developer

PhonePe eyes $50 billion in transactions in 2019

PhonePe eyes $50 billion in transactions in 2019

Rediff.com28 Jan 2019

PhonePe via Bharat Bill Payment System (BBPS) plans to get into a number of new verticals, including fee payments in schools and colleges, payments at hospitals and other services

It's time for companies to come clean

It's time for companies to come clean

Rediff.com18 May 2015

Penalties for undisclosed foreign income and assets extend up to 300%.

'Budget 2018 certainly obliged the masses'

'Budget 2018 certainly obliged the masses'

Rediff.com20 Feb 2018

It was widely expected that this time around, the government would be less likely to initiate fresh reforms and rather loosen its belt a little to give various segments of the economy, especially the multitudes that truly constitute India, something to smile about, says Sudip Bandyopadhyay.

A golden advice for all equity investors

A golden advice for all equity investors

Rediff.com6 Feb 2018

If an equity share is purchased before January 31, 2018, at Rs 100 and the highest price quoted on January 31, 2018, in respect of this share is Rs 120, there will be no tax on the gain of Rs 20.

Rihanna has no plans to stop the music, and her activism

Rihanna has no plans to stop the music, and her activism

Rediff.com4 Feb 2021

Rihanna, who has frequently spoken out on issues such as LGBTQIA+ rights and racism, is the fourth most followed person, with 101.3 million followers, on Twitter after former US president Barack Obama and singers Justin Bieber and Katy Perry. Her tweet on India's farmers received hundreds of thousands of retweets and likes.

Day after I-T raid, ex-K'taka dy CM's aide found hanging

Day after I-T raid, ex-K'taka dy CM's aide found hanging

Rediff.com12 Oct 2019

The Congress unit described Ramesh's suicide an outcome of "targeted harassment" of their rank and cadre to keep them away from the party.

General Atlantic to invest Rs 3,675 cr in Reliance Retail

General Atlantic to invest Rs 3,675 cr in Reliance Retail

Rediff.com30 Sep 2020

This is the second investment by General Atlantic in a subsidiary of Reliance Industries, following a Rs 6,598.38 crore investment in Jio Platforms announced earlier this year.

Wilful defaulter tag for Kingfisher Airlines: FinMin takes stock

Wilful defaulter tag for Kingfisher Airlines: FinMin takes stock

Rediff.com13 Aug 2014

SBI-led consortium of 17 banks had a total exposure of about Rs 6,500 cr to Kingfisher Airlines.

United Spirits, Vijay Mallya set for a lengthy legal battle

United Spirits, Vijay Mallya set for a lengthy legal battle

Rediff.com27 Apr 2015

USL is already contesting a Karnataka High Court order.

ED interrogates IDBI officials in Kingfisher loan case

ED interrogates IDBI officials in Kingfisher loan case

Rediff.com22 Mar 2016

The investigating agency is examining the documents.

Sachin Bansal invests Rs 650 crore in Ola; may join board

Sachin Bansal invests Rs 650 crore in Ola; may join board

Rediff.com20 Feb 2019

With regard to his investment in Ola, Bansal said that on the one hand, the ride-hailing major had emerged as a global force in the mobility space and on the other it continued to build deeper for various needs of a billion Indians through its platform. This is the largest funding by an individual in the app cab.

Can TikTok beat the swadeshi brigade and come back?

Can TikTok beat the swadeshi brigade and come back?

Rediff.com12 Jul 2020

TikTok is up against not just government sanction but also a set of feisty home-grown brands that have raised the 'vocal for local' banner to stake claim to the platform's vast small-town reach, point out T E Narasimhan and Sai Ishwar.

Saradha scam: Matang Sinh sent to police custody for 5 days

Saradha scam: Matang Sinh sent to police custody for 5 days

Rediff.com7 Feb 2015

The former union minister has been remanded to custody for 5 days.

Govt unveils major reforms in bureaucracy under Mission Karmayogi

Govt unveils major reforms in bureaucracy under Mission Karmayogi

Rediff.com2 Sep 2020

The Union Cabinet on Wednesday approved 'Mission Karmayogi', dubbed as the biggest bureaucratic reform initiative, aimed at capacity building of government employees to make them more "creative, proactive, professional and technology-enabled". The core guiding principles of the competency-driven programme will be to support a transition from "rules based to roles based" HR management to prepare the Indian civil servant for the future, according to a government statement.

The battle to save democracy never ends

The battle to save democracy never ends

Rediff.com6 Mar 2019

'We're going to campaign across the country to convince more candidates to endorse some/all of these issues -- and hold them to their promises if and when they are elected.'

WhatApp groups: Ignore Covid Crisis. Spread Hate

WhatApp groups: Ignore Covid Crisis. Spread Hate

Rediff.com21 Jun 2021

The manner in which a large proportion of common people have mortgaged their rationality and questioning spirit to let hatred, prejudice, and bigotry take over their minds is a cause of worry, observes Mohammad Sajjad.

Now AI will be used to weed out shell firms

Now AI will be used to weed out shell firms

Rediff.com27 Apr 2018

Thousands of unlisted companies registered with RoCs will soon go under watch on lines similar to the oversight by the Securities and Exchange Board of India of listed companies.

Why the Indian media has got a Hindutva edge

Why the Indian media has got a Hindutva edge

Rediff.com12 Aug 2020

'A decade ago, even though the sentiment might have been felt in large parts of the media, it was not expressed.' 'There was a reserve and there was a culture that adhered to the principles expressed in the Constitution,' observes Aakar Patel.

'NEP may be fantastic, but who will pay teachers?'

'NEP may be fantastic, but who will pay teachers?'

Rediff.com3 Aug 2020

What does the National Educational Policy 2020 mean for students, parents and teachers?

Lynching a western concept, don't use it to defame India: RSS chief Bhagwat

Lynching a western concept, don't use it to defame India: RSS chief Bhagwat

Rediff.com8 Oct 2019

Voicing his displeasure over several incidents of mob violence in the country, he said, "Lynching is not the word from Indian ethos, its origin is from a story in a separate religious text. We Indians trust in brotherhood. Don't impose such terms on Indians."

PNB scam: Senior Nirav Modi official Vipul Ambani arrested

PNB scam: Senior Nirav Modi official Vipul Ambani arrested

Rediff.com20 Feb 2018

The Income Tax Department on Tuesday also raided 20 premises linked to Gitanjali Gems promoter Mehul Choksi and suspected shell firms in connection with an alleged tax evasion case against them, official sources said.

L&T likely to win the contract to build Navi Mumbai airport

L&T likely to win the contract to build Navi Mumbai airport

Rediff.com10 Jun 2019

The airport, which will now be built to handle 20 million passengers, will likely start operations by mid-2020. However, rating agency CRISIL in its report in May-end had said operations are expected to start in 2023.

UK signs deal for 90 million COVID-19 vaccine doses

UK signs deal for 90 million COVID-19 vaccine doses

Rediff.com20 Jul 2020

To enable large-scale vaccine studies to take place across the UK, the aim is to get 500,000 people signed up by October, which is considered vital in the fight against coronavirus.

India Shining! Precious forest land wiped away for 23,716 industrial projects

India Shining! Precious forest land wiped away for 23,716 industrial projects

Rediff.com3 Jun 2016

The government may claim planted trees compensate for forests lost, but that does not mean complex flora and fauna destroyed have been restored, points out Himadri Ghosh.

Ratan Tata invests in Snapdeal.com

Ratan Tata invests in Snapdeal.com

Rediff.com27 Aug 2014

Snapdeal, which has raised about $400 million since its inception, has invested about $100 million in logistics and operations to expand its presence in the $3 billion Indian eCommerce market.

Will the Bull keep running?

Will the Bull keep running?

Rediff.com28 Jan 2021

Markets are assuming that by the second half of 2021, the world will be approaching some type of normalcy, points out Akash Prakash.

Will the brand-new Jal Shakti ministry keep India's head above water?

Will the brand-new Jal Shakti ministry keep India's head above water?

Rediff.com27 Jul 2019

Can the newly-minted Jal Shakti ministry bring water to some 19 crore Indian households that have never had taps or heard the sound of flowing water, wonders Vinayak Chatterjee.

3 Sikh soldiers sue Department of Defence to keep articles of faith

3 Sikh soldiers sue Department of Defence to keep articles of faith

Rediff.com29 Mar 2016

Three Sikh soldiers on Tuesday filed a lawsuit against the DoD seeking to serve in the US armed forces without being forced to compromise with their articles of faith.

Digital lending set to become a $1 trillion business in India

Digital lending set to become a $1 trillion business in India

Rediff.com8 Aug 2018

India's huge digital prowess and potential will play a huge role in enabling digital lending, says Romita Majumdar.

Mallya@60: Once the king of good times, now a defaulter

Mallya@60: Once the king of good times, now a defaulter

Rediff.com11 Dec 2015

Vijay Mallya has lost control of his companies.

Newbies dream to become oil barons in limbo

Newbies dream to become oil barons in limbo

Rediff.com3 Oct 2020

22 companies won bids for the 31 contracts on offer; 15 were new entrants to the oil and gas business. Three years on, none of them have started production.

China, not Pakistan, is now India's Enemy No 1

China, not Pakistan, is now India's Enemy No 1

Rediff.com15 Jan 2021

Until last month more than two-thirds of the Indian Army was deployed against Pakistan. Of 14 army corps, just four-and-a-half faced China, while more than twice that number was ranged against Pakistan.

Ratan Tata invests in research startup Tracxn

Ratan Tata invests in research startup Tracxn

Rediff.com6 Jan 2016

Ratan Tata has invested an undisclosed amount in startup research platform Tracxn.