News for 'insurance fraud'

Additional evidence against Nirav Modi submitted in UK court

Additional evidence against Nirav Modi submitted in UK court

Rediff.com29 Mar 2019

Besides the passports, Modi also possesses multiple residency cards, some of them expired, but covering countries/regions such as the UAE, Singapore and Hong Kong.

US court orders cyclist Armstrong to reveal complete doping info

US court orders cyclist Armstrong to reveal complete doping info

Rediff.com5 Sep 2013

Disgraced US cyclist Lance Armstrong has reportedly been ordered to answer questions about who knew what and when about his doping, including possibly his former wife and his attorneys.

Decade on, Jaypee Infratech customers still waiting for a home

Decade on, Jaypee Infratech customers still waiting for a home

Rediff.com14 Apr 2021

Booked between 2007 and 2011, out of the total 32,700 residential units under various Jaypee Infratech (JIL) projects, at least 20,000 homes are yet to be delivered. Supreme Court documents show that, till last March, Jaypee had issued 7,997 offers of possession to homebuyers while executing only 6,530 sub-lease deeds. These deeds offer homebuyers possession rights but, unlike registration, does not guarantee absolute ownership.

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.

MPs who heckled Sitharaman were first to rush to her

MPs who heckled Sitharaman were first to rush to her

Rediff.com2 Feb 2020

It is a tribute to India's democracy, however flawed, that the very same MPs who had harangued her intermittently from Opposition benches now surged towards her, anxiety writ large on their faces. One offered her some homoeopathic tablets, another advised her to stay seated, another grasped her hand wishing her good health... the crowd parted as Prime Minister Narendra Modi strode up to congratulate her. But it was mostly well-wishers from the Opposition and the NDA that kept the finance minister cocooned with good wishes until it was time to leave, reports Aditi Phadnis.

'The financial system is shaken, but safe'

'The financial system is shaken, but safe'

Rediff.com6 Mar 2020

Tamal Bandyopadhyay, columnist and author of several books like From Lehman to Demonetisation: A Decade of Disruptions and Sahara: The Untold Story, tells Rediff.com why Yes Bank depositors should not panic and the current crisis at India's fifth largest private lender does not pose any systemic risk.

Sensex snaps 7-day losing streak on bargain hunting, ends 61 points higher

Sensex snaps 7-day losing streak on bargain hunting, ends 61 points higher

Rediff.com23 Dec 2016

Broader market underperformed the headline indices with BSE Midcap and BSE Smallcap finishing in red

Credit card safety in 8 easy ways

Credit card safety in 8 easy ways

Rediff.com30 Oct 2014

It is better to be safe than sorry!

'Don't lose heart, we will stand by you,' Rahul tells Vidarbha farmers

'Don't lose heart, we will stand by you,' Rahul tells Vidarbha farmers

Rediff.com30 Apr 2015

Congress Vice President Rahul Gandhi on Thursday accused the Modi government of "abandoning" farmers at a time when the country is faced with an agrarian crisis.

Is your pension fund regulated?

Is your pension fund regulated?

Rediff.com26 Apr 2016

Ask your HR department for details about the fund, trustees and returns

'This government wants to make India a gambling den'

'This government wants to make India a gambling den'

Rediff.com14 Mar 2018

'We feel there is definitely something murky in the system.' 'Will anyone believe that Nirav Modi will go to a branch and bribe a low-level officer?' 'Just look at the people with whom he had moved around.'

PNB scam: Bank ignored auditors' warning

PNB scam: Bank ignored auditors' warning

Rediff.com28 Feb 2018

The banks also received a warning from the rating agency Care, in February 2016, after Firestar's financials deteriorated.

Why you MUST NOT share real personal data while downloading free apps

Why you MUST NOT share real personal data while downloading free apps

Rediff.com28 Sep 2016

You should rather use nicknames, incorrect date of birth and if possible make a separate e-mail address for such apps and services. You should also not share your phone number

Chanda Kochhar and 'clawback provisions'

Chanda Kochhar and 'clawback provisions'

Rediff.com4 Feb 2019

'If she contests it, then these people will have to fight it in court.'

Cyber criminals thrive in India; 10 major attacks in 12 months

Cyber criminals thrive in India; 10 major attacks in 12 months

Rediff.com24 Nov 2017

India needs to follow countries such as Singapore who have and are further bolstering their cyber security apparatus.

'Your money is safe with nationalised banks'

'Your money is safe with nationalised banks'

Rediff.com23 Nov 2020

'No commercial bank will be allowed to fail. There is nothing to worry about.'

Budget: Oppn slams govt for 'all talk, nothing concrete'

Budget: Oppn slams govt for 'all talk, nothing concrete'

Rediff.com1 Feb 2020

Slamming the Union budget as 'insipid' and lacking in stimulus for growth, the Congress on Saturday said it does not address the main issue of unemployment and describes the mindset of the government.

Why FY19 is likely to be a volatile year for Indian equities

Why FY19 is likely to be a volatile year for Indian equities

Rediff.com1 Apr 2018

It won't be an easy ride for the markets, reckon experts, considering the multiple state elections in 2018 and general elections next year.

Lehman crisis@10: Has the financial world changed for the better?

Lehman crisis@10: Has the financial world changed for the better?

Rediff.com17 Sep 2018

On the 10th anniversary of the global financial crisis, a multi-part series analyses the lessons learnt and those not learnt.

Armstrong admits careless driving in Colorado hit-and-run

Armstrong admits careless driving in Colorado hit-and-run

Rediff.com19 Feb 2015

Lance Armstrong has pleaded guilty to careless driving for side-swiping two parked cars in the Colorado ski resort of Aspen late last year in an incident for which his girlfriend initially took the blame, authorities said on Wednesday.

Read this before going for private locker service

Read this before going for private locker service

Rediff.com2 Sep 2016

Private players offer convenience for slightly higher rental than banks.

3 failures: Why the RBI is in a mess

3 failures: Why the RBI is in a mess

Rediff.com18 Nov 2019

'When an institution believes its knowledge and capability is superior to everyone, it behaves like a frog in the well.' 'And this is precisely the cause for the mess,' says J N Gupta.

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.

How to handle credit card debt after the death of a loved one

How to handle credit card debt after the death of a loved one

Rediff.com20 Jan 2016

In order to make your life a tad easier, here are some pointers on what needs to be done with inheritance of credit card debt.

On RBI, let the public know who stands where

On RBI, let the public know who stands where

Rediff.com13 Nov 2018

If indeed the issues involved between the government and RBI are of immense public interest, why not make public the arguments of both the government and the RBI, irrespective of the outcome of the process, says Tamal Bandyopadhyay.However, the Act is silent on what happens if the governor's views differ from that of the government. If Patel does not want to budge from his stance the government can either see merit in the Governor's arguments and decide against going ahead with its plan or overrule him. My guess is that the issues raised by the government need to be sorted out not at the November 19 board meeting but between the Governor and the government, says Tamal Bandyopadhyay.

Planning a world tour? Read this!

Planning a world tour? Read this!

Rediff.com7 Dec 2015

These trips can be as short as a month to 45 days.

Rs 1.80 lakh cr bad loans likely to be recovered in FY'19

Rs 1.80 lakh cr bad loans likely to be recovered in FY'19

Rediff.com25 Sep 2018

After the Insolvency and Bankruptcy Code came into force, which calls for an auction of assets of loan defaulting entities, recoveries have picked up, said Jaitley.

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?

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

Cash crunch: 'Printing of Rs 500 notes to be increased 5 times'

Cash crunch: 'Printing of Rs 500 notes to be increased 5 times'

Rediff.com17 Apr 2018

Currently the currency in stock is about Rs 2 lakh crore and the reserves are adequate to meet any unusual spurt in demand

Investment banks order forensic audit of promoters, key management staff

Investment banks order forensic audit of promoters, key management staff

Rediff.com22 Apr 2015

The bank wanted to run a background check on some Indian promoters.

NBFCs are not banks!

NBFCs are not banks!

Rediff.com9 Jan 2019

'We are all in a tizzy about NBFCs in the aftermath of the IL&FS default.' 'We tend to jump to the notion that an NBFC is like a bank. But banks make a promise that deposits are liquid and have an assured return.' 'NBFCs make no such promises,' points out Ajay Shah.

Your neighbourhood store can turn into a bank soon

Your neighbourhood store can turn into a bank soon

Rediff.com20 Aug 2015

Your nearest grocery shop might soon become a one-stop shop for depositing and withdrawing money.

Rajat Gupta's plea against business partner dismissed by court

Rajat Gupta's plea against business partner dismissed by court

Rediff.com6 Dec 2013

Rajat Gupta's lawyer Rishi Bhandari said suit was filed in order to ensure that there was a designee on the board.

'Bankruptcy Code killing banks, helping Mallya'

'Bankruptcy Code killing banks, helping Mallya'

Rediff.com8 May 2018

'The Insolvency and Bankruptcy Code is neither beneficial to banks nor helpful for the borrower.' 'Genuine people who are caught in economic stagnation will lose everything and thousands will lose jobs.'

Soon, you can pay utility bills at a nearby supermarket

Soon, you can pay utility bills at a nearby supermarket

Rediff.com2 Dec 2014

Soon, one will be able to pay utility bills at the local supermarket, while buying groceries, with the RBI allowing the setting up of payment banks.

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

6 suggestions for Nirmala Sitharaman, India's new FM

6 suggestions for Nirmala Sitharaman, India's new FM

Rediff.com3 Jun 2019

Tamal Bandyopadhyay offers some unsolicited advice for a government wh,ich came to power, with brute majority and the nation's pragmatic chief money man.

5 things to do to tackle NPAs

5 things to do to tackle NPAs

Rediff.com18 Oct 2017

For stressed loans, the need is to prevent disruption in cash flows from a systemic perspective, conserving employment and assets in untainted enterprises with the potential for recovery, says Shyam Ponappa.

Buffett on US-China, missing Amazon story, cryptocurrency

Buffett on US-China, missing Amazon story, cryptocurrency

Rediff.com7 May 2018

Here's a pick of what Warrenn Buffett had to say over the weekend, and his annual 'Woodstock for Capitalists'.