News for 'illegal transactions'

The only purpose note ban served

The only purpose note ban served

Rediff.com4 Sep 2017

With GDP down by 2 per cent, while 99 per cent of banned notes make way back to the banking system, whom did demonetisation benefit?

This is Chidambaram's 'Nawaz Sharif' moment: Sitharaman

This is Chidambaram's 'Nawaz Sharif' moment: Sitharaman

Rediff.com13 May 2018

Chidambaram mocked her with a tongue-in-cheek tweet.

CBI clean chit to Ashok Chavan in Adarsh benami case

CBI clean chit to Ashok Chavan in Adarsh benami case

Rediff.com27 Mar 2014

The Central Bureau of Investigation on Thursday did not name former Maharashtra chief minister Ashok Chavan in the benami property related to purchase of flat in the Adarsh Housing Society in Mumbai.

Herald case: Centre says no vendetta as Congress stalls Parliament

Herald case: Centre says no vendetta as Congress stalls Parliament

Rediff.com8 Dec 2015

'I'm Indira Gandhi's daughter-in-law. Not afraid of anyone,' says Sonia Gandhi.

Vadra's interim protection from arrest extended till March 25

Vadra's interim protection from arrest extended till March 25

Rediff.com19 Mar 2019

Enforcement Directorate alleged that he was not cooperating and sought his custodial interrogation.

No resolution to Vodafone tax dispute; DTC, GST still in limbo

No resolution to Vodafone tax dispute; DTC, GST still in limbo

Rediff.com26 Dec 2013

Besides Vodafone, several other major MNCs like Nokia and Shell were locked in tax dispute with the revenue department.

Brokerages face Sebi fire in NSEL scam

Brokerages face Sebi fire in NSEL scam

Rediff.com7 Jun 2016

Sebi on April 4 gave the brokerages 60 days to have their books vetted by third-party auditors.

Explained! The alleged fraud committed by Reliance Industries

Explained! The alleged fraud committed by Reliance Industries

Rediff.com27 Mar 2017

What was the fraud? Why did Sebi drag its feet on the order? What options does RIL have now? Samie Modak explains these and more.

Explained: The Supreme Court verdict on Maharashtra

Explained: The Supreme Court verdict on Maharashtra

Rediff.com26 Nov 2019

'When it is an open ballot, the division taking place in the open house will be for all to see.' 'As they say sunlight is the best disinfectant, this (aspect of the order) brings in transparency and it's in keeping with the best democratic principles.'

3 reasons why India's rich stash money abroad

3 reasons why India's rich stash money abroad

Rediff.com3 Nov 2014

Clearly, rich Indians have little confidence in India. Perhaps we are also chronically dishonest.

Gold imports surge in November, but 70% lie unused

Gold imports surge in November, but 70% lie unused

Rediff.com10 Dec 2016

Dealers anticipated a sharp rise in jewellery demand this wedding season, but then came demonetisation.

2 Indian brothers indicted in US for supporting Al Qaeda

2 Indian brothers indicted in US for supporting Al Qaeda

Rediff.com6 Nov 2015

Two Indian brothers are among four men who have been indicted by a US federal court on charges of providing material support to slain Al Qaeda leader Anwar al-Awlaki, prosecutors said.

India, Qatar ink 7 agreements to boost cooperation

India, Qatar ink 7 agreements to boost cooperation

Rediff.com5 Jun 2016

Official talks were held between Modi and Seikh Tamim for multi-sectoral partnership and strengthening of Indo-Qatar ties following which the agreements and Memorandums of Understanding were signed on the second day of the Prime Minister's visit.

World Cup: Bookies go hi-tech

World Cup: Bookies go hi-tech

Rediff.com27 Jun 2019

The police have almost no way of tracking the $200 billion plus money flowing online during this World Cup.

China exhibits caution at US election result

China exhibits caution at US election result

Rediff.com9 Nov 2020

The US election campaign has provided plenty of ammunition for the CCP to make its case that its political system is superior.

The raids continue and money keeps spilling out

The raids continue and money keeps spilling out

Rediff.com22 Dec 2016

Demonetisation was aimed at removing black money and corruption, but undisclosed income keeps being unearthed from various parts of the country.

Apollo, Cooper and insider trading in a deal that didn't happen

Apollo, Cooper and insider trading in a deal that didn't happen

Rediff.com5 Apr 2015

Apollo had made efforts to acquire Cooper Tire at the end of 2012.

CBI lodges fresh FIR against Nirav Modi, approaches Interpol

CBI lodges fresh FIR against Nirav Modi, approaches Interpol

Rediff.com17 Feb 2018

The agency on Friday also carried out searches on the premises of the Gitanjali Group at 20 places in Mumbai, Pune, Surat, Jaipur, Hyderabad and Coimbatore.

How co-op societies outsmart the taxman

How co-op societies outsmart the taxman

Rediff.com15 Dec 2016

Financial Intelligence Unit data show many of these societies have become the biggest draw for laundering money. Subhomoy Bhattacharjee reports.

Winter session: The ice is unlikely to break

Winter session: The ice is unlikely to break

Rediff.com23 Nov 2015

The opposition, while not directly stalling Parliament, will insist all legislation goes to standing committees, delaying implementation.

Unitech, its top bosses dragged to court in alleged cheating case

Unitech, its top bosses dragged to court in alleged cheating case

Rediff.com14 Jun 2016

The complaint was filed by Gurgaon resident Paramvir Singh Narang alleging that he had booked a flat in Unitech Cascades at Greater Noida in 2006, which was to be handed over by April 2008 but the company failed to abide by its agreement.

How demonetisation will stop terror funding

How demonetisation will stop terror funding

Rediff.com29 Nov 2016

One thing is certain: Demonetisation has broken the back of terror funding, says Colonel Anil A Athale.

Fabindia investors ask tough questions, want thorough probe

Fabindia investors ask tough questions, want thorough probe

Rediff.com6 Apr 2015

The Goa police on Friday arrested four employees of the store.

Trump keeps messing with Mexico; to tax Mexican import to fund wall

Trump keeps messing with Mexico; to tax Mexican import to fund wall

Rediff.com27 Jan 2017

Mexican President Enrique Pena Nieto's decision to cancel his planned trip to the United States next week was mutually agreed upon, US President Donald Trump has said stating that such a meeting would be "fruitless unless Mexico is going to treat America fairly".

SC reserves order on Pradeep Sharma plea, refuses to go into snoopgate controversy

SC reserves order on Pradeep Sharma plea, refuses to go into snoopgate controversy

Rediff.com12 Aug 2014

The Supreme Court on Tuesday reserved its order for Wednesday on suspended IAS officer Pradeep Sharma's plea to transfer probe of cases against him from Gujarat police to the Central Bureau of Investigation but refused to go into the snoopgate controversy.

Revealed! 628 Indians hold Rs 4,479-cr dirty money in a Swiss bank

Revealed! 628 Indians hold Rs 4,479-cr dirty money in a Swiss bank

Rediff.com12 Dec 2014

Out of these, no balance has been found in case of 289 accounts

Shivakumar sent to ED's custody till Sept 13

Shivakumar sent to ED's custody till Sept 13

Rediff.com5 Sep 2019

Shivakumar's lawyers Abhishek Manu Singhvi and Dayan Krishnan opposed the ED's plea for custodial interrogation saying that he had joined the probe and never absconded.

Former CM Kamat is a habitual offender, says Goa Police

Former CM Kamat is a habitual offender, says Goa Police

Rediff.com8 Aug 2015

Describing former Chief Minister Digambar Kamat as a "habitual offender involved in corrupt practices", the Goa crime branch has alleged before a court in Panaji that he "actively participated" in the conspiracy and was among the beneficiaries in Louis Berger bribery case.

Chidambaram files fresh plea in SC challenging arrest

Chidambaram files fresh plea in SC challenging arrest

Rediff.com24 Aug 2019

He said the plea pertained to his liberty, which was 'illegally curtailed'.

ED grills Punjab minister in drug money laundering case

ED grills Punjab minister in drug money laundering case

Rediff.com26 Dec 2014

Punjab Revenue Minister Bikram Singh Majithia was on Friday questioned by the Enforcement Directorate in connection with the alleged Rs 6,000 crore money laundering drugs racket case.

National Herald a 'very weak case' but Gandhis can be arrested, say top lawyers

National Herald a 'very weak case' but Gandhis can be arrested, say top lawyers

Rediff.com14 Dec 2015

Senior criminal lawyers explain the minutiae of the National Herald case in an effort to help sort out the legal intricacies of the case for the layman.

Dazed by demonetisation twists? Read the new FAQ

Dazed by demonetisation twists? Read the new FAQ

Rediff.com28 Dec 2016

The official twists and turns have raised questions on the government's credibility and its ability to pull the nation out of the demonetisation quagmire. To keep up with the new rules, the government has issued an updated FAQ on demonetisation.

Paytm alleges 15 customers cheated it, CBI registers FIR

Paytm alleges 15 customers cheated it, CBI registers FIR

Rediff.com16 Dec 2016

The complaint from the Manager Legal M Sivakumar claimed that the company makes payment for defective products received by a customer and also arranges a reverse pickup of the damaged product which is sent to the merchant.

United Nations adopts plan to attack Islamic State's funding

United Nations adopts plan to attack Islamic State's funding

Rediff.com18 Dec 2015

The 15-member body called for enhanced actions, from closing financial system loopholes to stopping the abuse of charitable causes, as well as updating the existing IS and Al Qaeda sanctions list.

How the super rich stash money abroad

How the super rich stash money abroad

Rediff.com21 Nov 2017

'Tax dodging through tax havens is one of the ways multinational corporations and the super-rich in India are using to evade taxes.'

Australian couple misled Indian officials, abandoned baby

Australian couple misled Indian officials, abandoned baby

Rediff.com13 Apr 2015

An Australian couple abandoned a baby boy born via surrogacy in India despite being repeatedly warned that the child could be left stateless.

Rs 500, 1000 notes scrapped; ATMs, banks closed tomorrow

Rs 500, 1000 notes scrapped; ATMs, banks closed tomorrow

Rediff.com8 Nov 2016

The people of India have 50 days, from November 10 to December 30, to deposit notes of Rs 500 and Rs 1,000 in any Bank or Post Office.

Bihar police got it wrong, Patna blasts were locally funded: NIA

Bihar police got it wrong, Patna blasts were locally funded: NIA

Rediff.com11 Dec 2013

In its attempt to link a hawala transaction with the October 27 Patna blasts, the Bihar police had carried out several arrests of both Hindu and Muslim operatives. But the case linking the hawala deal to the Patna blasts is on the verge of closure as the National Investigation Agency says there is no evidence.

REVEALED: How call centre scamsters stole Rs 500 crore

REVEALED: How call centre scamsters stole Rs 500 crore

Rediff.com21 Oct 2016

From June 1 to October 4, the call centre scam mastermind collected Rs 12 crore from just one call centre.

US Senate passes sanctions bill against Russia, Iran, N Korea

US Senate passes sanctions bill against Russia, Iran, N Korea

Rediff.com28 Jul 2017

The bill now heads to the White House for President Donald Trump's approval.