News for 'international fraud'

Blatter finally leaves home for... Russia

Blatter finally leaves home for... Russia

Rediff.com24 Jul 2015

Sepp Blatter in Russia on first foreign visit since crisis.

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

More heads may roll at Infosys BPO

More heads may roll at Infosys BPO

Rediff.com20 Nov 2014

Infosys is an ethical company with solid processes that respects its customers and this is not going to affect their business, he added.

Was Nirav Modi tipped off?

Was Nirav Modi tipped off?

Rediff.com28 Feb 2018

'It can't be a coincidence that he and his family, uncles and all, vanished from India only days before the scam was discovered.'

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.

Will Ami Bera win a historic third term?

Will Ami Bera win a historic third term?

Rediff.com9 Nov 2016

The only Indian-American in Congress won the election in 2012 and re-election in 2014 by wafer-thin margins. His race this year is officially a 'close contest'.

For Singh brothers, truce is temporary, split only way out

For Singh brothers, truce is temporary, split only way out

Rediff.com15 Sep 2018

NCLT allows Shivinder to withdraw petition against his brother Malvinder. Final decision to be taken by family members in their presence.

German prosecutor to look into 2006 World Cup allegations

German prosecutor to look into 2006 World Cup allegations

Rediff.com19 Oct 2015

Frankfurt's state prosecutor will look into bribery allegations concerning the 2006 soccer World Cup after a magazine report suggested a slush fund had been used to buy votes for the German bid in 2000, an official said on Monday.

Bribery, bad loans and India's nationalised banks

Bribery, bad loans and India's nationalised banks

Rediff.com15 Aug 2014

The incidence of corruption cases can be checked to a large extent if the suggestions already available with RBI and the government are taken seriously, says Shyamal Majumdar.

UK minister signs extradition order for wanted bookie Sanjeev Chawla

UK minister signs extradition order for wanted bookie Sanjeev Chawla

Rediff.com2 Mar 2019

Chawla was introduced to Hansie Cronje, the late South African cricket team captain, in January-February 2000. It was suggested to Cronje, by Chawla and another person, that he could make significant amounts of money if he agreed to lose cricket matches.

How 3 call centres made crores duping Americans

How 3 call centres made crores duping Americans

Rediff.com7 Oct 2016

Explaining the modus operandi, Assistant Commissioner of Police (Crime) Mukund Hatote told a Thane court that "best performing" staffers were given reward of up to Rs 1 lakh by the operators of the racket for making US nationals cough up money.

Major sponsors, Coca-Cola, McDonald's, demand reforms at FIFA

Major sponsors, Coca-Cola, McDonald's, demand reforms at FIFA

Rediff.com18 Jul 2015

Two top sponsors of FIFA and its World Cup tournaments on Friday ratcheted up pressure on the global football body for major reforms as a corruption scandal casts a lengthening shadow over the sport.

2006 WC row: Former German footballer Beckenbauer rejects bribery claims

2006 WC row: Former German footballer Beckenbauer rejects bribery claims

Rediff.com18 Oct 2015

Franz Beckenbauer, who headed the organising committee for the 2006 soccer World Cup rejected claims that a slush fund had been set up to buy votes and bring the tournament to Germany back in 2000.

Satyam scam: Sebi asks Raju's family to return Rs 1,800 crore

Satyam scam: Sebi asks Raju's family to return Rs 1,800 crore

Rediff.com10 Sep 2015

The latest penalties for insider trading follows an earlier disgorgement order passed by Sebi in July last year.

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.

Soccer legend Maradona mourns 'second father' Castro

Soccer legend Maradona mourns 'second father' Castro

Rediff.com27 Nov 2016

For soccer great Diego Maradona, Cuban revolutionary Fidel Castro was more than a friend and fellow Latin American legend, he was "a second father." Maradona said Castro's death late on Friday hit him like a tennis ball to the chest served by Juan Martin del Potro, the Argentine player he cheered on in the Davis Cup final where he received the news. "I wept uncontrollably," Maradona told reporters on the sidelines of the tennis tournament. "After my father, it's the deepest sorrow I know."

Come with proof about black money: Swiss to India

Come with proof about black money: Swiss to India

Rediff.com7 Dec 2014

Switzerland's Ambassador to India Linus von Castelmur also said the past cannot be undone, while promising full support of his country in cases where at least some proof is provided on tax frauds.

Aussie Tallent demands gold medal after Russia report

Aussie Tallent demands gold medal after Russia report

Rediff.com10 Nov 2015

The WADA report also identified "systematic failures" at the IAAF, athletics' world governing body, which has been rocked by a French judicial investigation into fraud involving its former chief Lamine Diack and other senior officials.

PNB scam fallout: Govt plans bank-holding company

PNB scam fallout: Govt plans bank-holding company

Rediff.com26 Feb 2018

While the formation of a holding company will not outright privatise State-owned banks, officials believe it will help the Centre deflect criticism arising out of the latest banking scams.

How India Inc plan to curb insider trading

How India Inc plan to curb insider trading

Rediff.com29 Jun 2018

India has historically not had a strong compliance mechanism around insider trading. This is in stark contrast to developed countries.

India's realty sector remains favoured destination

India's realty sector remains favoured destination

Rediff.com21 Mar 2014

Increasing migration to cities and urbanisation along with interest from buyers to invest in real estate market, will continue to be the prime demand drivers, according to assurance, tax and advisory firm Grant Thornton.

Yes Bank: 'People will lose confidence in the system'

Yes Bank: 'People will lose confidence in the system'

Rediff.com11 Mar 2020

'RBI was focusing on public sector banks perhaps thinking that private sector banks are managed efficiently while PSU banks are not.' 'Now, RBI has to focus on private sector banks too.'

NADA brings tennis players, National championship under its ambit

NADA brings tennis players, National championship under its ambit

Rediff.com2 Oct 2018

Widening its net, the National Anti-Doping Agency (NADA) has, for the first time ever, collected samples from close to 20 tennis players competing at the National Tennis Championships at DLTA Complex, in New Delhi.

Beware! Match-fixing is criminalised in New Zealand

Beware! Match-fixing is criminalised in New Zealand

Rediff.com4 Dec 2014

Match-fixing bill passed unanimously and a match-fixer in New Zealand could face up to seven years in prison.

Their flood vs Our flood

Their flood vs Our flood

Rediff.com15 Sep 2017

Darryl D' Monte, the distinguished enviromental journalist, discusses how the media covers floods in Mumbai or Texas, but ignores Assam or Bangladesh.

World reacts to reinstatement of Russian athletes

World reacts to reinstatement of Russian athletes

Rediff.com21 Sep 2018

Reaction to WADA's decision to reinstate RUSADA

India, US to initiate dialogue to resolve Khobragade issue

India, US to initiate dialogue to resolve Khobragade issue

Rediff.com6 Feb 2014

India's demand for dropping of all charges against its former Deputy Consular General in New York Devyani Khobragade will come for discussion during the proposed Indo-US dialogue to resolve the issues arising out of her arrest in the US, the government said on Thursday.

Nokia seeks arbitration to settle Rs 21,000 cr tax dispute

Nokia seeks arbitration to settle Rs 21,000 cr tax dispute

Rediff.com14 May 2014

The arbitration clause is present in almost 95 per cent of corporate agreements, according to tax and audit firm Ernst & Young.

Khurshid, Kerry meet; commit to take ties forward

Khurshid, Kerry meet; commit to take ties forward

Rediff.com22 Jan 2014

External Affairs Minister Salman Khurshid today met his United States counterpart John Kerry in Montreux for the first time after a row over the arrest of an Indian diplomat as they committed to move forward bilateral ties and return to close partnerships on strategic issues.

RBI diktat on data storage upsets payments providers

RBI diktat on data storage upsets payments providers

Rediff.com23 May 2018

The RBI on April 6 directed all payments service providers to make sure "that the entire data relating to payment systems operated by them are stored in a system only in India."

What the world expects from Biden

What the world expects from Biden

Rediff.com11 Nov 2020

It would be a huge achievement if the new administration manages a successful transition to some sense of domestic and international normalcy in these frantic times marked by the pandemic and rise of illiberal regimes across the world, observes Shreekant Sambrani.

Football Extras: FFA ramps up campaign to free jailed Bahraini refugee

Football Extras: FFA ramps up campaign to free jailed Bahraini refugee

Rediff.com5 Feb 2019

News of all that's transpired on and off the football field

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.

Ashes fixing: My son not involved in fixing, says Joban's father

Ashes fixing: My son not involved in fixing, says Joban's father

Rediff.com15 Dec 2017

Father of the former Delhi age-group cricketer, caught in the Ashes spot-fixing controversy, says his son has never even been to England or Australia, let alone fix matches involving the two countries.

Mallya consults 'formidable' lawyer to defend him

Mallya consults 'formidable' lawyer to defend him

Rediff.com15 May 2017

Award-winning lawyer, Claire Montgomery, the Queen's Counsel, is likely to fight the Indian government's attempt to extradite him to India.

'Thankful to people who stood by me in this difficult period'

'Thankful to people who stood by me in this difficult period'

Rediff.com24 Dec 2013

A group of community leaders met Dr Devyani Khobragade on Monday at the Indian consulate in New York and offered the support of the people.

Soccer Extras: Sturridge banned, fined for breaching betting rules

Soccer Extras: Sturridge banned, fined for breaching betting rules

Rediff.com18 Jul 2019

News of all that's transpired on and off the football field

Customs dept needs major technological overhaul: Tax panel

Customs dept needs major technological overhaul: Tax panel

Rediff.com28 Sep 2014

The Parthasarathy Shome committee gives its second reform report to finance ministry.

Sebi set for major overhaul of role, vision

Sebi set for major overhaul of role, vision

Rediff.com4 Aug 2013

The proposals have been made after extensive consultations with top officials from Sebi, finance ministry, RBI, IRDA and large market intermediaries

'Scrapping Art 370 will not stand SC scrutiny'

'Scrapping Art 370 will not stand SC scrutiny'

Rediff.com1 Jan 2020

'Our confidence has been strengthened by the fact that the Supreme Court has decided to examine the Constitutional validity of all that has been done on August 5.' 'That in itself is an achievement because the Supreme Court could have very well said you don't have a case at all.' 'The very fact that the honourable court has decided to admit it for regular hearing, and refer it to a Constitutional bench, tells us that the Supreme Court has found merit in our case.'