News for 'funds diversion'

Gold extends losses, down Rs 90 on sluggish demand

Gold extends losses, down Rs 90 on sluggish demand

Rediff.com1 Sep 2014

Traders said slackened demand from jewellers and retailers and absence of cues from the global markets as US market are closed today on account of 'Labor Day', kept pressure on gold prices.

Westbridge to invest $200 mn in India

Westbridge to invest $200 mn in India

Rediff.com14 Dec 2005

Westbridge Capital Partners is planning to invest $200 million in Indian companies over the next 2-3 months.

Former Patna DM to be interrogated

Former Patna DM to be interrogated

Rediff.com24 Sep 2005

Why Rera hasn't been a great relief for home-buyers

Why Rera hasn't been a great relief for home-buyers

Rediff.com14 May 2018

Rera's implementation is patchy across states, and the powers of the regulator to enforce its orders are also limited.

PM promises more financial sector reforms

PM promises more financial sector reforms

Rediff.com6 Oct 2006

Prime Minister Manmohan Singh on Friday urged market regulator Securities and Exchange Board of India to ensure that the interests of the investors are fully protected.

Gold extends losses on weak global cues, subdued demand

Gold extends losses on weak global cues, subdued demand

Rediff.com25 Jun 2015

Silver, however, found some buying support.

BJP never regarded dissenters as anti-national: Advani

BJP never regarded dissenters as anti-national: Advani

Rediff.com4 Apr 2019

The 91-year-old leader said, 'Right from its inception, the BJP has never regarded those who disagree with us politically as our 'enemies', but only as our adversaries.'

Byju's pips Ola as India's 3rd largest Unicorn

Byju's pips Ola as India's 3rd largest Unicorn

Rediff.com10 Jan 2020

Byju's has emerged as the leader in the Indian education-tech sector. They are pioneering technology shaping the future of learning for millions of school students in India.

Why go abroad to study?

Why go abroad to study?

Rediff.com26 May 2018

These institutes, while expensive, are a viable alternative to studying abroad.

Centre to link driving licence with Aadhaar: SC told

Centre to link driving licence with Aadhaar: SC told

Rediff.com7 Feb 2018

This assumes significance as a five-judge Constitution bench headed by Chief Justice Dipak Misra is currently hearing a clutch of petitions challenging the constitutional validity of the Aadhaar scheme and the enabling 2016 law.

Full Text: President's joint address to both houses of Parliament

Full Text: President's joint address to both houses of Parliament

Rediff.com31 Jan 2022

Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.

Congested Bhendi Bazaar in Mumbai gets a new spanking look

Congested Bhendi Bazaar in Mumbai gets a new spanking look

Rediff.com9 Mar 2020

After many failed attempts over the past decade, Bhendi Bazaar, one of the most underdeveloped and busiest business-cum-residential districts in Mumbai city, is taking a big leap into the future in what's said to be the nation's largest cluster redevelopment project. The 125-year-old neighbourhood spanning 16.5-acres, not very far from the iconic Chhatrapati Shivaji Terminus, is already home to two newly-developed towers of 36 and 41-floors which have opened up a new world of modern living for the families there. Around 610 of the over 3,200 families and 128 of the over 1,250 businesses have moved into the new buildings -- all for free.

Mallya accuses CBI, ED of holding him guilty without trial

Mallya accuses CBI, ED of holding him guilty without trial

Rediff.com13 Jun 2016

'Civil matters like loan recovery are being connected with criminal allegations, without any basis.'

CAG raps NDA for 'India Shining' campaign

CAG raps NDA for 'India Shining' campaign

Rediff.com6 May 2005

The Comptroller and Auditor General on Friday pulled up the previous NDA government for diversion of funds and incurring unauthorised expenditure of Rs 63.23 crore (Rs 632.3 billion) for the 'India Shining' media campaign.

Needed: A new policy for the Indian Diaspora

Needed: A new policy for the Indian Diaspora

Rediff.com20 Jan 2020

On matters relating to the Diaspora, the Centre needs to call the shots, suggests Ambassador T P S Sreenivasan.

Lenders to take Shamken to court

Lenders to take Shamken to court

Rediff.com4 Apr 2005

Infosys invests in Trifacta

Infosys invests in Trifacta

Rediff.com27 Apr 2016

Trifacta's investors include Accel, Greylock Partners, Ignition and Cathay Innovation

REVEALED: What went wrong with bank loans

REVEALED: What went wrong with bank loans

Rediff.com20 Jun 2018

'Flush with funds, lending became a cash management exercise.' 'Road projects, power generation plants, airports etc were financed left and right with apparently no regard for the projects' ability to repay,' explains S Muralidharan, former managing director, BNP Paribas.

IDBI Bank to declare Kingfisher Airlines 'wilful defaulter'

IDBI Bank to declare Kingfisher Airlines 'wilful defaulter'

Rediff.com17 Aug 2014

Bank claims it wasn't quizzed by CBI, only financial information was sought.

Gold falls by Rs 100 on weak global cues, sluggish demand

Gold falls by Rs 100 on weak global cues, sluggish demand

Rediff.com18 Aug 2014

Silver followed suit and lost Rs 645 at Rs 42,880 per kg on reduced offtake by industrial units and coin makers.

Rohini Mohan wins 2015 Shakti Bhatt First Book prize

Rohini Mohan wins 2015 Shakti Bhatt First Book prize

Rediff.com24 Nov 2015

The prize ceremony will be held in New Delhi on December 22 at the Max Mueller Bhavan.

'IMF MD selection process unfair'

'IMF MD selection process unfair'

Rediff.com24 Mar 2004

Flood scam: Bihar govt to file FIR

Flood scam: Bihar govt to file FIR

Rediff.com26 Apr 2005

"I will get it investigated properly," Governor Buta Singh said, adding whoever is found guilty will be punished.

Ex-Patna DM in trouble, inquiry ordered

Ex-Patna DM in trouble, inquiry ordered

Rediff.com26 Apr 2005

Chief Secretary K A H Subramanian confirmed having ordered a vigilance probe into the allegations against Goswami and others saying the inquiry report was expected within a month.

Gold steady; silver rises on industrial buying

Gold steady; silver rises on industrial buying

Rediff.com9 Jun 2014

Traders said in the absence of buying support from jewellers and retailers on expectations that prices will come down in coming days mainly kept gold prices steady.

SC cancels Amrapali's registration, NBCC to finish housing projects

SC cancels Amrapali's registration, NBCC to finish housing projects

Rediff.com23 Jul 2019

A bench of Justices Arun Mishra and U U Lalit also cancelled the leases of Amrapali's properties granted by the Noida and Greater Noida authorities and directed the Enforcement Directorate to investigate alleged money laundering by CMD Anil Sharma and other directors and senior officials of the group.

Under fire from investors, Infosys CEO rejigs top team

Under fire from investors, Infosys CEO rejigs top team

Rediff.com20 Jul 2016

Sikka has expanded the role of former SAP executive Ritika Suri.

Is Budget a boon or bane for realty sector?

Is Budget a boon or bane for realty sector?

Rediff.com8 Feb 2017

Provisions of long-term capitals gains tax is now applicable after only two years.

More trouble for Mallya as UB declared wilful defaulter

More trouble for Mallya as UB declared wilful defaulter

Rediff.com2 Dec 2014

In fresh trouble for liquor baron Vijay Mallya, United Bank of India has identified United Breweries Holdings, the guarantor of grounded airline Kingfisher, as wilful defaulter.

Is Yogi scared of the Mughals?

Is Yogi scared of the Mughals?

Rediff.com19 Oct 2018

'The Mughals became completely Indian in every sense and united the vast Indian subcontinent, not only territorially, but also the hearts and minds of people with multiple religio-cultural, linguistic and ethnic diversities' 'The Mughals, arguably, made India an enviable superpower in the then world.' 'Are the Hindutva rulers of today scared of acknowledging Mughal accomplishments?' asks Mohammad Sajjad.

Gold, silver plunge on global cues

Gold, silver plunge on global cues

Rediff.com2 Jul 2014

Silver fell by Rs 500 to Rs 44,800 per kg on poor offtake by industrial units and coin makers.

Gold falls on stockists selling, global cues

Gold falls on stockists selling, global cues

Rediff.com30 Jun 2014

Gold in London, which normally sets price trend on the domestic front, fell by 0.1 per cent to $1,314.99 an ounce and silver by 0.3 per cent to $20.91 an ounce.

M&M to reduce debt below Rs 600 cr

M&M to reduce debt below Rs 600 cr

Rediff.com9 Jan 2004

Mahindra and Mahindra Ltd will reduce its debt below the Rs 600 crore (Rs 6 billion) level in the next financial year and is planning to ramp up production of the sports utility vehicle Scorpio to over 2,500 units per month shortly.

Navi Mumbai airport Phase I cost escalates by 50%

Navi Mumbai airport Phase I cost escalates by 50%

Rediff.com13 Jul 2018

The deadline for the commercial launch of the Navi Mumbai airport is set at 2021-end

Gold, silver tumble on weak global cues

Gold, silver tumble on weak global cues

Rediff.com3 Nov 2014

Tracking a weak trend overseas and low demand from domestic jewellers and retailers, gold prices plunged by Rs 200 to Rs 26,350 per ten gram in New Delhi on Monday.

'US-India should focus on trade to counter China'

'US-India should focus on trade to counter China'

Rediff.com14 Dec 2020

'I hope that the incoming Biden-Harris Administration works with India to address some of the most profound geopolitical transboundary challenges.'

CBI likely to file more FIRs against Kingfisher

CBI likely to file more FIRs against Kingfisher

Rediff.com13 Oct 2015

SBI is likely to register more FIRs to bring into the ambit of probe the additional Rs 3,100 crore loans from 10 other nationalised banks on which the company has allegedly defaulted.

'Centre's COVID misgovernance is a political liability'

'Centre's COVID misgovernance is a political liability'

Rediff.com6 May 2021

'Modi is still immensely popular and, therefore, he can sustain any number of policy failures.' 'Modi himself has worn multiple faces so it would be naive to think that the Modi of 2021 will be the same Modi that will be campaigning for re-election in 2024.'

575,000 homebuyers waiting for Amrapali-like verdict: Anarock

575,000 homebuyers waiting for Amrapali-like verdict: Anarock

Rediff.com25 Jul 2019

Mumbai metropolitan region, comprising Mumbai city, Navi Mumbai and Thane, leads the pack (in delayed projects) with 210,000 units at an approximate valuation of Rs 2.34 trillion.