News for 'indian bank fraud'

Kamala Harris is tough, proven fighter for middle class: Biden

Kamala Harris is tough, proven fighter for middle class: Biden

Rediff.com13 Aug 2020

Biden, 77, made his maiden public appearance with his running mate Harris on Wednesday and said that both of them are ready to get to work in rebuilding America and a better future for its people.

'Government agencies helped Mallya to flee'

'Government agencies helped Mallya to flee'

Rediff.com11 Mar 2016

'There is an bligation on Finance Minister and Prime Minister to take the country into confidence'.

The battle between secular India and Bharat

The battle between secular India and Bharat

Rediff.com4 Aug 2015

A left-leaning centralised socialist model has created a shortage/entitlement economy. In fact one of the reasons for India's limited progress is that post-independent India is at odds with its true nature. It is something that educated right of centre Hindus are trying to correct, says Sanjeev Nayyar.

Mallya's fate will be decided on December 10

Mallya's fate will be decided on December 10

Rediff.com12 Sep 2018

The 62-year-old former Kingfisher Airline boss' defence team, led by Clare Montgomery, opened the day by branding the government of India's evidence presented in the case as "utterly unfounded".

Vijay Mallya arrested in London, gets bail

Vijay Mallya arrested in London, gets bail

Rediff.com20 Apr 2017

India had given a formal extradition request for Mallya as per the Extradition Treaty between India and the UK through a note verbale on February 8

From Google to Visa, all phone a friend in US over RBI diktat

From Google to Visa, all phone a friend in US over RBI diktat

Rediff.com21 Jul 2018

Cos ask US treasury to discuss data localisation norms with Indian officials at all platforms the two countries would meet, including G-20, US-India Strategic Dialogue, and IMF Annual Meet.

The dangers of financial apps on your smartphone

The dangers of financial apps on your smartphone

Rediff.com30 Dec 2017

'Malicious files can silently sit in your phone and relay data to hackers without your knowledge.'

Diageo wins $ 135 mn claim against Mallya in UK court

Diageo wins $ 135 mn claim against Mallya in UK court

Rediff.com24 May 2019

At the heart of Friday's case lay an ICICI Bank loan owed by Mallya's Watson and CASL, for which Diageo stepped in as a backstop so that it could be refinanced by Standard Chartered Bank.

2018: Year of reckoning for India Inc

2018: Year of reckoning for India Inc

Rediff.com28 Dec 2018

A glance back at some of the important ups and down Indian Inc faced in 2018.

Enforcement Directorate turns up heat on Lalit Modi

Enforcement Directorate turns up heat on Lalit Modi

Rediff.com18 Jun 2015

To send a notice under money laundering law.

Here's a cyber security roadmap for the financial sector

Here's a cyber security roadmap for the financial sector

Rediff.com21 Oct 2018

Traditionally, financial institutions have operated risk functions in silos. However, the nature of unknown threats today requires industry participants to work together, says Vikram Limaye.

No decision yet on Nirav Modi's bail appeal

No decision yet on Nirav Modi's bail appeal

Rediff.com11 Jun 2019

Justice Ingrid Simler at the Royal Courts of Justice in London concluded the hearing and said as the matter was of "some importance", she would take some time to consider it and hand down her ruling on Wednesday.

Why crypto-assets need to be regulated, not banned

Why crypto-assets need to be regulated, not banned

Rediff.com16 Feb 2019

Crypto-assets are essential to blockchain technology, which has the potential to be one of the next major growth drivers for the software ecosystem in India. A prohibition would nip this opportunity in the bud, say Vaibhav Parikh and Jaideep Reddy.

UK court rejects Nirav Modi's bail plea for the fourth time

UK court rejects Nirav Modi's bail plea for the fourth time

Rediff.com12 Jun 2019

In her judgment handed down at the Royal Courts of Justice in London, Justice Ingrid Simler concluded there are "substantial grounds" to believe that the 48-year-old fugitive diamantaire would fail to surrender as he does possess the means to "abscond".

The watch dogs that didn't bark for IL&FS

The watch dogs that didn't bark for IL&FS

Rediff.com16 Oct 2018

Did men and women of redoubtable experience and public service, upholders of the country's steel frame and paragons of corporate governance, never smell a rat?

How not to get your credit/debit card hacked

How not to get your credit/debit card hacked

Rediff.com28 Oct 2016

There are 7 key rules one can follow to ensure that the chances of such fraud are almost reduced to a negligible level when shopping online, says Anil Rego

How IL&FS' misadventures made India Inc poorer by Rs 9,000-crore

How IL&FS' misadventures made India Inc poorer by Rs 9,000-crore

Rediff.com20 May 2019

Almost 2,000 companies whose private provident and pension funds have invested in non-convertible debentures of IL&FS group firms are staring at the prospect of booking losses to the tune of Rs 9,000 crore or more if the interest income is added.

Vijay Mallya files for permission to appeal against extradition order

Vijay Mallya files for permission to appeal against extradition order

Rediff.com15 Feb 2019

The process, to be heard in the Royal Courts of Justice in London, could take months as the listing of a hearing will depend on the availability of judges and other factors.

Pay your share! Rajan's quickfix formula to hook freeloaders

Pay your share! Rajan's quickfix formula to hook freeloaders

Rediff.com11 Jun 2015

RBI governor Raghuram Rajan says, laws must be tightened for freeloaders.

AgustaWestland may face probe in UK

AgustaWestland may face probe in UK

Rediff.com24 Jun 2014

Embattled Anglo-Italian helicopter maker AgustaWestland may face a probe in the UK over its 480 million pounds scandal-hit deal with India for the supply of 12 VVIP choppers.

GSTN: The solution to India's tax problems

GSTN: The solution to India's tax problems

Rediff.com30 Jan 2016

'Through the use of technology, the GSTN will tip the balance in favour of compliance rather than tax evasion, lowering the barriers for entry into the tax payment system while making it much harder to cheat on payments,' says Nandan Nilekani.

What you DON'T KNOW about Nedumudi Venu

What you DON'T KNOW about Nedumudi Venu

Rediff.com21 Oct 2021

A Nedumudi Venu character was happiest when moving his head to a piece of music with his eyes closed; or, when inventing off of a note that a co-actor had left unfinished; or, when reciting a poem by Kavalam Narayana Panicker where a hymn about nature descends into a musing about cheating, depression and death, feels Sreehari Nair.

In-person registration of diplomats' domestic workers a must: US

In-person registration of diplomats' domestic workers a must: US

Rediff.com15 Jan 2014

The United States has said that in-person registration of domestic workers of foreign diplomats would be mandatory, an apparent fallout of the arrest of Indian diplomat Devyani Khobragade over alleged misrepresentation of the salary paid to her maid.

How to protect your assets from spouse's bad loans

How to protect your assets from spouse's bad loans

Rediff.com8 Mar 2018

If the spouse is the guarantor of husband's business loans, banks can hold her liable for default. Here are ways to ring-fence her assets.

Just who is Nirav Modi?

Just who is Nirav Modi?

Rediff.com16 Feb 2018

No one knows where billionaire Nirav Modi emerged from. What is known is that when he came (back) to India, he cut his teeth in the diamond business under the tutelage of his jeweller uncle. Then he began to build a glittering international brand. Soon even Hollywood stars like Kate Winslet and Dakota Johnson were walking the red carpet showing off Nirav Modi jewels.

'Devalue the Rupee by 24%'

'Devalue the Rupee by 24%'

Rediff.com17 Sep 2019

'You need to devalue the currency, ignite inflation, which then begins to oil the wheels of the economy.' 'Without that this severe recession is not going to reverse.'

What does the nation get out of the CBI?

What does the nation get out of the CBI?

Rediff.com12 Mar 2018

'What does the nation get out of the CBI's fabulous infrastructure? Very little that is useful.'

Asaram booked for sexually assaulting teenage girl

Asaram booked for sexually assaulting teenage girl

Rediff.com21 Aug 2013

Self-styled godman Asaram Bapu has run into fresh trouble after a 16-year-old girl, who had been staying in a hostel operated by his trust in Jodhpur accused him of sexual assault.

India retaliates, stops special treatment to US diplomats at airports

India retaliates, stops special treatment to US diplomats at airports

Rediff.com19 Dec 2013

US diplomats and their families in India will not be able to avail special treatment at the airports from Thursday night when the deadline expires for surrendering their special passes, as part of government's retaliatory action against the treatment meted out to diplomat Devyani Khobragade in New York.

2 warrants out for Mallya, courts call for 'coercive action'

2 warrants out for Mallya, courts call for 'coercive action'

Rediff.com4 Nov 2016

While one NBW was issued in a 2012 cheque bounce case following Mallya's non-appearance, another was in a case of allegedly evading summons in a FERA violation matter.

The bright side of India's bad-debt witch hunt

The bright side of India's bad-debt witch hunt

Rediff.com16 Mar 2016

India's investigating agencies have in the past made a lot of noise about probes that resulted in few convictions

Cyber-attacks: What Modi must know!

Cyber-attacks: What Modi must know!

Rediff.com15 Mar 2021

'What we are actually missing in India is a platform wherein the government engages with cybersecurity experts, gets them employed and then utilises their capability to deter such attacks.'

A case for bitcoin

A case for bitcoin

Rediff.com2 Oct 2017

A small percentage of asset allocation to bitcoin seems like a reasonable gamble, as it could be a major gainer in an uncertain global environment, says Devangshu Datta.

Why India is a prime destination for PE investors

Why India is a prime destination for PE investors

Rediff.com10 May 2018

The first quarter of 2018 saw infrastructure and real estate drive investment worth close to $8 billion across 180 deals

Have $500,000? You can become a US citizen

Have $500,000? You can become a US citizen

Rediff.com17 Mar 2018

Under the EB-5 visa programme you can become a US citizen provided you invest $500,000 in an approved project and create targeted employment. But only 700 Indians can do so each year.

Daiichi-Ranbaxy row: HC orders attachment of assets

Daiichi-Ranbaxy row: HC orders attachment of assets

Rediff.com26 Feb 2018

The court also restrained RHC Holdings from operating its bank accounts except for payment of salaries and statutory dues till March 23, the next date of hearing.

SC asks SIT to submit progress report on blackmoney by Oct 7

SC asks SIT to submit progress report on blackmoney by Oct 7

Rediff.com3 Sep 2015

The Supreme Court on Thursday asked the Special Investigation Team (SIT) on black money to submit the fourth report on the progress of its probe by October 7.

Judiciary, EC being 'torn apart' under BJP rule: Rahul in London

Judiciary, EC being 'torn apart' under BJP rule: Rahul in London

Rediff.com26 Aug 2018

Lauding the contribution of non-resident Indians in the development of the country, he said, 'Mahatma Gandhi, Sardar Patel, B R Ambedkar, Jawaharlal Nehru were all NRIs. They travelled the world and helped India with new perspectives.'

Your early 20s are the best time for financial planning

Your early 20s are the best time for financial planning

Rediff.com12 Apr 2018

Three reasons why this is the best time for financial planning.

'Clean-up or growth? The answer, unambiguously, is clean-up!'

'Clean-up or growth? The answer, unambiguously, is clean-up!'

Rediff.com12 Feb 2016

RBI governor on the stress in public sector bank due to NPAs, and what is needed to be done to get the system back on track.