News for 'funds'

Cybercriminals Use Fake Cricket Ticket Sites To Defraud Public

Cybercriminals Use Fake Cricket Ticket Sites To Defraud Public

Rediff.com1 days ago

Police in Shimla warn the public about fraudulent websites designed to dupe people under the guise of cricket match ticket bookings. The Cyber Helpline Data Centre has received numerous complaints, highlighting the difficulty in distinguishing these fake sites from genuine ones.

Manpower Firm Executives Arrested In Chhattisgarh Overtime Scam

Manpower Firm Executives Arrested In Chhattisgarh Overtime Scam

Rediff.com5 May 2026

Seven individuals, including senior executives from manpower firms, have been arrested in connection with alleged irregularities in overtime payments within the Chhattisgarh State Marketing Corp Ltd (CSMCL) during the previous Congress administration. The arrests follow an investigation into fraudulent billing practices and misappropriation of funds.

Seven Arrested In Chhattisgarh Overtime Payment Scam

Seven Arrested In Chhattisgarh Overtime Payment Scam

Rediff.com4 May 2026

The Anti-Corruption Bureau/Economic Offences Wing arrested seven individuals, including executives from manpower firms, in connection with alleged irregularities in overtime payments within Chhattisgarh State Marketing Corp Ltd during the previous Congress administration.

Ex-Official Accused Of Swiss Francs Scam Granted Bail: Here's Why

Ex-Official Accused Of Swiss Francs Scam Granted Bail: Here's Why

Rediff.com4 May 2026

A Delhi court granted bail to a former accounts officer accused of swindling more than 2 lakh Swiss francs from India's Permanent Mission in Geneva to fund his crypto-gambling ventures.

Four Arrested In Arunachal Pradesh Rhino Horn Smuggling Case

Four Arrested In Arunachal Pradesh Rhino Horn Smuggling Case

Rediff.com2 days ago

Four individuals have been apprehended in Arunachal Pradesh's Papum Pare district for trafficking a rhinoceros horn valued at approximately Rs 1.2 crore. The operation, conducted in collaboration with the forest department, underscores the government's commitment to wildlife protection and combating organised crime.

Stock markets today: Sensex, Nifty50 slump in early trade

Stock markets today: Sensex, Nifty50 slump in early trade

Rediff.com7 days ago

Indian equity markets experienced a significant decline in early trade, with the BSE Sensex and NSE Nifty dropping, as escalating geopolitical tensions in West Asia and a surge in global oil prices dampened investor sentiment. Track Sensex, Nifty50 movement and key market drivers for May 8, 2026.

Should You Fall In Developers' Flexible Payments Trap?

Should You Fall In Developers' Flexible Payments Trap?

Rediff.com3 days ago

Deferred payment plans may come with a cost, which may not be immediately visible.

Indian Equities Close Lower as Geopolitical Tensions, FII Outflows Weigh

Indian Equities Close Lower as Geopolitical Tensions, FII Outflows Weigh

Rediff.com7 days ago

Indian benchmark indices, Sensex and Nifty, ended lower in choppy trade, with the Sensex declining 114 points, as investors reacted to unabated foreign fund outflows and rising geopolitical uncertainties.

Government Employee in Madhya Pradesh Nabbed for Alleged Bribery in School Toilet Repair Funds Case

Government Employee in Madhya Pradesh Nabbed for Alleged Bribery in School Toilet Repair Funds Case

Rediff.com18 Mar 2026

A government employee in Madhya Pradesh's Barwani district was arrested for allegedly accepting a bribe to release funds for the repair of a girls' toilet at a school.

Nine Arrested In Delhi Coaching Scam: What We Know

Nine Arrested In Delhi Coaching Scam: What We Know

Rediff.com1 May 2026

The Anti-Corruption Branch (ACB) has arrested nine individuals linked to coaching institutes in connection with an alleged Rs 37.20-crore scam involving a Delhi government scheme.

Nagaland Opens Cultural Centre To Preserve Indigenous Heritage

Nagaland Opens Cultural Centre To Preserve Indigenous Heritage

Rediff.com7 May 2026

The Nagaland Indigenous Tribes Cultural Resource Centre has been inaugurated in Kohima to preserve and promote the cultural heritage of the state's indigenous tribes.

Karnataka: Four Arrested For Robbery In Chikkaballapura

Karnataka: Four Arrested For Robbery In Chikkaballapura

Rediff.com2 days ago

Four men have been arrested in Chikkaballapura, Karnataka, for allegedly robbing a man of Rs 7.5 lakh after throwing chilli powder in his eyes and threatening him with a machete.

Why Is The ED Raiding Punjab Minister Sanjeev Arora?

Why Is The ED Raiding Punjab Minister Sanjeev Arora?

Rediff.com6 days ago

The Enforcement Directorate conducted fresh searches against Punjab industries minister Sanjeev Arora and others allegedly linked to him as part of a money laundering investigation.

What Suvendu Adhikari Must Understand

What Suvendu Adhikari Must Understand

Rediff.com6 days ago

The electorate did not vote for the BJP as much as they voted against the TMC. This is an important distinction that the new government will ignore at its own peril, points out Vice Admiral Biswajit Dasgupta (retd).

Odisha Police Bust IPL Betting Racket, Five Apprehended

Odisha Police Bust IPL Betting Racket, Five Apprehended

Rediff.com3 May 2026

Odisha Police busted an IPL betting racket in Rajgangpur, Sundargarh district, arresting five individuals and seizing cash and frozen funds.

Healthcare Funds: Caution Advised

Healthcare Funds: Caution Advised

Rediff.com12 Feb 2026

Most first-time investors may be better served by diversified options such as flexicap or multi-cap funds, which already hold pharma and healthcare stocks.

Haryana Orders Probe into Panchkula Municipal Corporation's Missing Funds

Haryana Orders Probe into Panchkula Municipal Corporation's Missing Funds

Rediff.com25 Mar 2026

An FIR has been filed regarding alleged discrepancies in Panchkula Municipal Corporation's fixed deposit receipts (FDRs) of nearly Rs 150 crore held at a Kotak Mahindra Bank branch, leading to a state-level investigation.

How Krutrim Became India's First AI Unicorn

How Krutrim Became India's First AI Unicorn

Rediff.com5 May 2026

Krutrim, India's first AI unicorn, has successfully repositioned itself as a focused domestic AI Cloud Services provider, reporting its first annual net profit in FY26.

Delhi University Stops St Stephen's Principal Appointment

Delhi University Stops St Stephen's Principal Appointment

Rediff.com23 hours ago

Delhi University has instructed St Stephen's College to halt the appointment of a new principal, citing that the selection committee was not formed in accordance with the University Grants Commission (UGC) Regulations, 2018.

Why Supreme Court granted bail to Shabir Shah in terror funding case

Why Supreme Court granted bail to Shabir Shah in terror funding case

Rediff.com17 Mar 2026

The Supreme Court of India has granted bail to Kashmiri separatist leader Shabir Ahmed Shah, who has been in jail for over eight years in a terror funding case, citing the unlikelihood of a timely trial conclusion and the curtailment of personal liberty.

India's M&A market resilient, poised for $200 billion annual run-rate

India's M&A market resilient, poised for $200 billion annual run-rate

Rediff.com4 days ago

India's mergers and acquisitions (M&A) market is projected to maintain an annual run-rate of approximately $200 billion, evenly split between domestic, inbound, and outbound transactions, despite global geopolitical turbulence, according to Rajesh Singhi, global co-head, M&A Advisory, Standard Chartered Bank.

Delhi Police Bust Investment Scam, Arrest Two

Delhi Police Bust Investment Scam, Arrest Two

Rediff.com30 Apr 2026

Delhi Police have arrested two individuals involved in an investment scam where a local resident was cheated of Rs 1.60 lakh. The investigation has linked the accused to a broader cyber fraud network with transactions worth approximately Rs 68 lakh across multiple states.

Stock markets today: Sensex, Nifty50 in red amid volatile trade

Stock markets today: Sensex, Nifty50 in red amid volatile trade

Rediff.com7 May 2026

Indian benchmark indices Sensex and Nifty experienced volatile trade, declining in early deals before fluctuating, as investors reacted to unabated foreign fund outflows and rising geopolitical uncertainties, particularly in West Asia.

Jharkhand Police Nab Prime Accused In Treasury Embezzlement Case

Jharkhand Police Nab Prime Accused In Treasury Embezzlement Case

Rediff.com29 Apr 2026

Jharkhand Police have arrested the prime accused in a fraudulent withdrawal case from the West Singhbhum treasury, along with three others. The accused manipulated departmental computer data for nearly nine years to divert government funds into their own accounts and those of associates.

Sensex gains nearly 790 points, driven by telecom and banking sector buying

Sensex gains nearly 790 points, driven by telecom and banking sector buying

Rediff.com1 days ago

Indian stock markets saw a significant rebound, with the Sensex jumping nearly 790 points, primarily fuelled by strong buying interest in telecom, pharma, and private banking shares, despite a volatile trading session and a weakening rupee.

Court Denies Bail To Al-Falah Chairman In Money Laundering Case

Court Denies Bail To Al-Falah Chairman In Money Laundering Case

Rediff.com4 May 2026

A Delhi court has dismissed the bail application of Al-Falah chairman Jawad Ahmad Siddiqui in a Rs 493-crore money laundering case being investigated by the Enforcement Directorate, saying that the allegations against him are 'grave in nature'.

Hundreds of Vijay fans who came for 'swearing-in' leave disappointed

Hundreds of Vijay fans who came for 'swearing-in' leave disappointed

Rediff.com7 May 2026

Hundreds of TVK supporters gathered in Chennai, hoping to see their leader Vijay become chief minister, only to find the venue closed and the event cancelled, leading to disappointment and confusion.

Bhagwant Mann Slams Centre Over ED Raids, Alleges Political Vendetta

Bhagwant Mann Slams Centre Over ED Raids, Alleges Political Vendetta

Rediff.com6 days ago

Punjab Chief Minister Bhagwant Mann has accused the BJP-led central government of playing 'dangerous games' with Punjab, alleging the misuse of agencies like the Enforcement Directorate (ED) and the CBI for political purposes.

Stock Markets Today: Sensex, Nifty50 Open In Red Weighed By West Asia Crisis

Stock Markets Today: Sensex, Nifty50 Open In Red Weighed By West Asia Crisis

Rediff.com3 days ago

Indian equity benchmark indices experienced a significant drop in early trade, with the BSE Sensex falling over 525 points and the NSE Nifty down more than 164 points, primarily due to rising crude oil prices and ongoing uncertainty surrounding the US-Iran conflict.

Jharkhand BJP Urges Prompt Police Salary Disbursement

Jharkhand BJP Urges Prompt Police Salary Disbursement

Rediff.com28 Apr 2026

The opposition BJP in Jharkhand has demanded the prompt payment of salaries to police personnel, which have been withheld following alleged irregularities in treasury funds across several districts. The police association claims that over 70,000 personnel have not received their salaries since March due to ongoing investigations into the matter.

Seven Women Arrested In UP School Embezzlement Case

Seven Women Arrested In UP School Embezzlement Case

Rediff.com3 May 2026

Seven women, including two wives of an accused peon, have been arrested in connection with an alleged embezzlement of Rs 5.5 crore from the District Inspector of Schools office in Pilibhit, officials said on Saturday.

UK health minister quits, may challenger Starmer for PM

UK health minister quits, may challenger Starmer for PM

Rediff.com1 days ago

UK Health Secretary Wes Streeting resigned from the Cabinet, citing a loss of confidence in Prime Minister Keir Starmer's leadership, potentially triggering a Labour leadership contest.

Cyber Fraud Racket Busted In Rajasthan; 17 Arrested

Cyber Fraud Racket Busted In Rajasthan; 17 Arrested

Rediff.com2 May 2026

Rajasthan Police dismantled a cyber fraud operation, arresting 17 individuals for allegedly defrauding an accountant of Rs 5.30 crore by impersonating his company's chairman on WhatsApp.

UP storm fury leaves 111 dead, 72 hurt; over 200 houses destroyed

UP storm fury leaves 111 dead, 72 hurt; over 200 houses destroyed

Rediff.com18 hours ago

At least 89 people have died in Uttar Pradesh after severe storms and heavy rain caused widespread damage, uprooting trees and electric poles and damaging homes. Chief Minister Yogi Adityanath has directed officials to provide immediate relief to affected families.

How A Software Engineer Ran A Rs 100 Crore Online Trading Scam

How A Software Engineer Ran A Rs 100 Crore Online Trading Scam

Rediff.com4 days ago

A software engineer earning a high salary allegedly abandoned his career to run a fake online trading racket, duping investors of nearly Rs 100 crore.

Cheerio AI Raises Rs 8 Crore in Seed Funding Round

Cheerio AI Raises Rs 8 Crore in Seed Funding Round

Rediff.com5 Mar 2026

Cheerio AI, an AI-powered customer engagement platform, has raised Rs 8 crore in seed funding to build multi-modal AI capabilities and expand its platform.

IDFC Bank Fraud Case: 11 Arrested in Haryana Government Funds Diversion Probe

IDFC Bank Fraud Case: 11 Arrested in Haryana Government Funds Diversion Probe

Rediff.com12 Mar 2026

Haryana State Vigilance and Anti-Corruption Bureau arrests 11 individuals, including bank employees and a government official, in connection with a fraud case involving IDFC First Bank and the illegal diversion of government funds.

RBI Governor Signals Action If Iran War Leads To Entrenched Inflation

RBI Governor Signals Action If Iran War Leads To Entrenched Inflation

Rediff.com1 days ago

'If the war continue for a longer period of time, it is just a matter of time before the government will pass on some of the price increases.'

Interstate Probe Uncovers Haryana Woman's Murder

Interstate Probe Uncovers Haryana Woman's Murder

Rediff.com21 hours ago

Police in Haryana and Himachal Pradesh have solved the murder of a 32-year-old woman from Ambala, whose partially-burnt body was found in a forest in Sirmaur district. The accused, a married man, has confessed to the crime, revealing a premeditated plan to dispose of the body after poisoning the victim.

CBI Files Chargesheet Against CHD Developers For Fraud

CBI Files Chargesheet Against CHD Developers For Fraud

Rediff.com7 days ago

The CBI has filed a chargesheet against CHD Developers Ltd and its directors for alleged fraudulent activities in a Gurugram-based project, officials said.