News for 'indian bank fraud'

Why the recent cash crunch is not bad news for all

Why the recent cash crunch is not bad news for all

Rediff.com12 Dec 2016

Digital-pay companies see 10x growth spurt after demonetisation, report Ayan Pramanik & Shine Jacob/Business Standard from Bengaluru.

Insurers set the ball rolling on foreign stake hike

Insurers set the ball rolling on foreign stake hike

Rediff.com13 Mar 2015

Bharti will move FIPB soon for increasing Axa's stake to 49%

Modi-Shah and the art of headline management

Modi-Shah and the art of headline management

Rediff.com23 Mar 2018

'All governments try owning the message, but the Modi-Shah BJP has developed it into a fine art.'

Foreign e-commerce sites can be cheap but risky

Foreign e-commerce sites can be cheap but risky

Rediff.com18 Apr 2016

Be extra careful while using credit cards because there is a risk of misuse

An alternative front will automatically emerge without PM face: Naidu

An alternative front will automatically emerge without PM face: Naidu

Rediff.com4 Oct 2018

He said discussions are still going on with various parties over forging an opposition alliance.

Who is Adil Shahryar and why was he part of Sushma's defence?

Who is Adil Shahryar and why was he part of Sushma's defence?

Rediff.com12 Aug 2015

Even Charlton Heston intervened on his behalf.

How e-commerce sites track and trick you

How e-commerce sites track and trick you

Rediff.com26 Dec 2018

Beware of spot offers and discounts aimed to lure you into binge buying.

The Facebook Menace

The Facebook Menace

Rediff.com2 Apr 2018

'We must all commit to sharing less nonsense and quarrelling less on social media.' 'We could use that time instead to meeting and speaking to our friends and family instead of 'liking' their posts.' 'Zuckerberg will be the poorer for that, but our lives will be so much richer,' says Rahul Jacob.

Qnet scam: Hyderabad cops arrest former billiards champ Michael Ferreira

Qnet scam: Hyderabad cops arrest former billiards champ Michael Ferreira

Rediff.com19 Oct 2016

"The four directors of the company, including Michael Ferreira, have been brought to Hyderabad from Mumbai on warrant," a senior police official attached to Central Crime Station, a wing of Hyderabad Police, said on Wednesday.

Demonetisation was an absurd and dangerous policy

Demonetisation was an absurd and dangerous policy

Rediff.com2 May 2018

In refusing to accept its failure, the government has sowed the seeds of further damage: by keeping India short of cash; reducing the headroom for responses to seasonal spikes in cash demand; and increasing the chances that groups will panic at temporary cash shortages, says Mihir Sharma.

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.

Parties squabble over Mallya's arrest, KFA employees wait for their dues

Parties squabble over Mallya's arrest, KFA employees wait for their dues

Rediff.com18 Apr 2017

A beleaguered Vijay Mallya may have walked free on bail within hours of his arrest but the event, which he nonchalantly dismissed as "usual Indian media hype", had rival parties claiming credit for it and engaging in recrimination.

Abhijit Banerjee and the mystique of the Nobel Prize

Abhijit Banerjee and the mystique of the Nobel Prize

Rediff.com2 Nov 2019

Does Abhijit Banerjee's Nobel Prize help India reduce extreme poverty, asks Rajeev Srinivasan.

Black money: India, Switzerland expect auto info exchange by 2018

Black money: India, Switzerland expect auto info exchange by 2018

Rediff.com15 Jun 2016

Experts of both the countries will meet by mid-September 2016 to further discuss the modalities for the reciprocal bilateral implementation of AEOI between India and Switzerland with a view to reaching an agreement at the earliest, possibly by the end of the year

Government to take 'harsh punitive' action against shell cos

Government to take 'harsh punitive' action against shell cos

Rediff.com10 Feb 2017

In a major crackdown on domestic shell companies, the government on Friday decided to take "harsh punitive" action, including freezing of their bank accounts used to launder money or evade taxes.

UIDAI rejects reports about Aadhaar database being hacked

UIDAI rejects reports about Aadhaar database being hacked

Rediff.com11 Sep 2018

The UIDAI said that the claims lack substance and are baseless.

ED seeks red corner notice against Mallya

ED seeks red corner notice against Mallya

Rediff.com12 May 2016

Mallya remains elusive to India as the United Kingdom informed the government that they cannot comply with their request to deport him

Few scandalous biz tycoons who made it big, ran it and got screwed

Few scandalous biz tycoons who made it big, ran it and got screwed

Rediff.com17 Dec 2015

Indian business, on quite a different trajectory from its global counterpart, remains relatively insulated from any kind of backlash.

Sebi steps up l'affaire Mallya probe; to seek overseas help

Sebi steps up l'affaire Mallya probe; to seek overseas help

Rediff.com10 Jul 2016

Mallya and his group firms are already facing a probe by Enforcement Directorate for alleged diversion of loans taken by long-grounded Kingfisher Airlines

I'm willing to bet there is no case against Chanda Kochhar

I'm willing to bet there is no case against Chanda Kochhar

Rediff.com11 Apr 2018

'... not even a moral one, let alone a legal one.' 'Even if it is assumed that Deepak Kochhar tried to influence his wife into doing something dodgy for his 'social acquaintance', why would she do it?' 'By all accounts she has been granted share options in ICICI Bank of a very substantial amount which easily makes her a multi billion-pati.' 'She did not become CEO against some stiff competition by being stupid and concocting devious cock-and-bull renewable energy stories.' S Murlidharan, former managing director, BNP Paribas, unravels the Deepak Kochhar-Videocon controversy.

Mallya case: ED to attach fresh assets

Mallya case: ED to attach fresh assets

Rediff.com11 Sep 2016

The next edition of attachments will be carried out under sections of the Criminal Procedure Code

For Subrata Roy, anxiety rises as deal unravels

For Subrata Roy, anxiety rises as deal unravels

Rediff.com18 Feb 2015

Subrata Roy is in jail since March last year.

Markets end flat as Bihar exit poll lacks clarity; bluechips gain

Markets end flat as Bihar exit poll lacks clarity; bluechips gain

Rediff.com6 Nov 2015

The 30-share Sensex ended down 39 points at 26,265 and the 50-share Nifty ended down 1 point at 7,954.

5 reasons to be wary of Aadhaar

5 reasons to be wary of Aadhaar

Rediff.com22 Apr 2017

Not only is your privacy stripped stark naked, says Mitali Saran, the system itself is illegal and vulnerable.

30 moments from India in 2018

30 moments from India in 2018

Rediff.com2 Jan 2019

From the Aadhaar verdict to #MeToo's arrival in the country to the entry into the Sabarimala temple -- India had a newsworthy 2018. As we step into 2019, these are the top moments from the year gone by.

Bain sues EY in US court for $60-mn loss in Lilliput

Bain sues EY in US court for $60-mn loss in Lilliput

Rediff.com14 Jun 2014

Bain alleges that it invested around $60 mn based on false financial statements that EY had audited and certified

Mallya files plaint against newspaper for 'fabricated' interview

Mallya files plaint against newspaper for 'fabricated' interview

Rediff.com16 Mar 2016

Mallya, who is mired in a huge controversy for leaving India on March 2 in the middle of a massive loan default probe, was quoted as having said in an email interview to the Sunday Guardian published on March 13 that time was not 'right' to return to the country.

'Any new govt project should be treated like a start-up'

'Any new govt project should be treated like a start-up'

Rediff.com4 Nov 2015

The government must be the initial driver.

Ranbaxy buy in line with Sun's strategy

Ranbaxy buy in line with Sun's strategy

Rediff.com17 Apr 2014

The company buys distressed assets across the globe and turns them around to not only add to its books but also its product pipeline and regions.

How to keep Air India away from a sordid cycle

How to keep Air India away from a sordid cycle

Rediff.com12 Apr 2016

In the case of Air India, even competition could not compete with the government.

5 things you should know while donating to save tax

5 things you should know while donating to save tax

Rediff.com8 May 2015

Don't end up claiming tax by just referring to Section 80G. There are some sub-sections also.

Furious India hits back, strips US diplomats of privileges

Furious India hits back, strips US diplomats of privileges

Rediff.com17 Dec 2013

In a strong retaliation, India on Tuesday initiated a slew of steps to strip US diplomats and their families of privileges including withdrawing all airport passes and stopping import clearances for the US embassy, terming as "barbaric" the arrest and strip searching of India's Deputy Consul General in New York Devyani Khobragade.

Trump impact: Net worth of India's tech billionaires eroded

Trump impact: Net worth of India's tech billionaires eroded

Rediff.com13 Apr 2017

IT stocks have dropped about 3 per cent in the days since the Donald Trump administration took first steps toward visa reform and all of India's highest-profile technology tycoons have seen their net worth eroded. Saritha Rai reports.

How time and again India managed to come out of financial crisis

How time and again India managed to come out of financial crisis

Rediff.com19 Sep 2015

Though Narendra Modi doesn't know it, he is a victim of this deep-rooted infection.

'Now, I am reduced to nothing'

'Now, I am reduced to nothing'

Rediff.com9 Apr 2015

'I have tutored my family and myself to fight hunger,' the former agent for the disgraced Saradha chit fund says, his eyes welling up. 96 of the 107 cases referred to the Serious Fraud Investigation Office are based in Bengal!

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%.

Subrata Roy's saviour firm had capital of Rs 1 lakh, director in a chawl

Subrata Roy's saviour firm had capital of Rs 1 lakh, director in a chawl

Rediff.com26 Mar 2015

'A law firm checked credentials of Karan Ajit Judge and Nouam'

The black money problem is far from over!

The black money problem is far from over!

Rediff.com15 Nov 2016

Hence, the claims by the Government that this will end the menace of black money and corruption are simply outlandish. Also, the simultaneous introduction of Rs 2,000 note undermines their claim and it simply does not fit the storyline of an attack on black money and corruption.

A CEO of CEOs

A CEO of CEOs

Rediff.com12 Sep 2017

'We have great demographics, and are the fastest growing large economy. And we save.' 'All of which is great for financial services,' Aditya Birla Capital CEO Ajay Srinivasan tells Niraj Bhatt.

Verdict unlikely to bring curtain down on the Satyam case

Verdict unlikely to bring curtain down on the Satyam case

Rediff.com10 Apr 2015

Satyam Case has not ended after court verdict, there's lot to unfold say insiders.