News for 'investment fraud'

Saradha gone but website remains

Saradha gone but website remains

Rediff.com2 Dec 2014

The website has the address and contact numbers and email IDs of 69 branch offices of Saradha Group spread across West Bengal, Tripura, Odisha, Assam and New Delhi.

Gold best option to raise emergency funds

Gold best option to raise emergency funds

Rediff.com10 Jun 2019

Gold loans are a quick, easy and low-cost way to meet your immediate and emergency financing needs, but do ensure that you entrust your gold in safe hands after thorough due diligence, suggests Gaurav Gupta, founder and CEO, MyLoanCare.in.

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.

The Great Property Crash

The Great Property Crash

Rediff.com25 Jan 2019

'In many parts of the country, the empty nest-and-empty-nest egg story is a painful boom-to-bust saga.' 'Among the old and young, it is hitting pockets hard, in a linked chain of debt-laden banks, corrupt politicians and builder mafias and disastrous government policies,' says Sunil Sethi.

Prime Minister Modi to visit Japan next month

Prime Minister Modi to visit Japan next month

Rediff.com6 Jun 2014

Prime Minister Narendra Modi will visit Japan, a key strategic partner, next month as he embarks on a busy foreign travel schedule in coming months that will include Bhutan, Brazil and the US.

Need clarity on UID and related Direct Benefit Transfer

Need clarity on UID and related Direct Benefit Transfer

Rediff.com9 Jul 2014

'We expect the new government to look into the issue of penalties imposed on technology firms involved in UID related projects.'

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?

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.

DeMo aftermath: Cash crunch hobbles White Label ATMs

DeMo aftermath: Cash crunch hobbles White Label ATMs

Rediff.com6 Apr 2018

The cash crunch following demonetisation and transaction fees that do not cover costs are among the reasons why the sector is struggling.

Is there a great deal of trust in the private sector?

Is there a great deal of trust in the private sector?

Rediff.com19 Mar 2018

With certain quarters demanding privatisation of public sector banks in the aftermath of the alleged fraud at Punjab National Bank (PNB), Economic Advisory Council to the Prime Minister chairman Bibek Debroy tells Sanjeeb Mukherjee, Ishan Bakshi and Indivjal Dhasmana that reducing government equity even to zero would not mean giving up of government control over these banks.

US Energy Secretary to visit India next month

US Energy Secretary to visit India next month

Rediff.com20 Feb 2014

Moniz, who is expected to meet Indian officials on March 10 and 11, had put off the trip last month in view of the strained relations between the two countries over the arrest of senior Indian diplomat Devyani Khobragade in New York.

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.

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.

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.

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.

Sebi to strengthen enforcement mechanism, reduce delays

Sebi to strengthen enforcement mechanism, reduce delays

Rediff.com9 Apr 2015

Sebi has decided to lay out strict timelines for completion of actions.

CBI arrests I-T commissioner, top Essar executive for bribery

CBI arrests I-T commissioner, top Essar executive for bribery

Rediff.com4 May 2017

Official is accused of taking a bribe of Rs 2 cr to issue order in an appeal favouring Balaji Trust

Amway India CEO released on bail

Amway India CEO released on bail

Rediff.com28 Jul 2014

Direct-selling company Amway India said its MD and CEO William S Pinckney has been released on bail, two months after his arrest by Andhra Pradesh Police in connection with criminal cases registered against the firm in the state.

NSEL investors want assets of Shah, directors attached

NSEL investors want assets of Shah, directors attached

Rediff.com25 Sep 2013

About Rs 5,600 crore (Rs 56 billion) of investments of some 13,000 investors are stuck in NSEL. Despite reports from several internal committees of regulators and investigative agencies pointing to fraudulent activities, there hasn't been any substantial enforcement action against the exchange or the officials.

Annual reports: 5 red flags to watch out for

Annual reports: 5 red flags to watch out for

Rediff.com14 Sep 2017

Companies' annual reports can hide as much as they reveal. Investors can get early warning signals of wrongdoing by frequently speaking to other stakeholders.

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.

Bad loans of state banks = defence + education + roads + health spends

Bad loans of state banks = defence + education + roads + health spends

Rediff.com29 Apr 2016

The crisis in Indian banking has now reached a point where the NPAs of many public-sector banks are higher than their net worth

Sebi gets more power to clamp down on ponzi schemes

Sebi gets more power to clamp down on ponzi schemes

Rediff.com18 Jul 2013

The government on Thursday gave more powers to market regulator Securities and Exchange Board of India to crackdown on ponzi schemes, access phone call records to check insider trading and carry out search and seizure operations.

Stocks slide to 5-month lows amid global sell off as trade war escalates

Stocks slide to 5-month lows amid global sell off as trade war escalates

Rediff.com23 Mar 2018

Investors lost around Rs 1.57 lakh crore in market valuation on Friday.

SFIO probe report on Saradha, others soon: Minister

SFIO probe report on Saradha, others soon: Minister

Rediff.com22 Jul 2013

A preliminary report on the investigations is likely to be submitted soon by SFIO, but the final report may take little longer, Corporate Affairs Minister Sachin Pilot said.

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.

Indian organisations lack skills to combat cybercrime: EY

Indian organisations lack skills to combat cybercrime: EY

Rediff.com16 Nov 2014

According to the EY Global Information Security survey, companies are lacking agility, budget and skills to mitigate known vulnerabilities

Swamy preparing to move court against SpiceJet deal

Swamy preparing to move court against SpiceJet deal

Rediff.com21 Apr 2015

Likely to rake up the issue of open offer exemption.

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.

Once mates, now inmates, Rajat Gupta, Raj Rajaratnam cross paths in same prison

Once mates, now inmates, Rajat Gupta, Raj Rajaratnam cross paths in same prison

Rediff.com3 Aug 2015

Gupta occasionally runs into his one time friend-turned foe Rajaratnam, also serving an 11-year prison term on insider trading charges in the same facility.

Bhanu Pratap Sharma is new Banks Board Bureau chief

Bhanu Pratap Sharma is new Banks Board Bureau chief

Rediff.com13 Apr 2018

Govt reconstitutes body, says will not interfere in senior PSB appointments

Vijay Mallya: The time has come to clarify my position

Vijay Mallya: The time has come to clarify my position

Rediff.com13 Mar 2016

Here's the full text of the statement

Thai businessman to buy stake in Berlusconi's AC Milan

Thai businessman to buy stake in Berlusconi's AC Milan

Rediff.com6 Jun 2015

Silvio Berlusconi has approved a deal to sell 48 percent of soccer club AC Milan to a group led by Thai businessman Bee Taechaubol, a historic change for the team which the former Italian prime minister has owned since the 1980s.

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

MFs have high exposure to Zee group cos, hit hard by stock crash

MFs have high exposure to Zee group cos, hit hard by stock crash

Rediff.com28 Jan 2019

Debt funds have exposure of nearly Rs 8,000 crore to Zee group papers. Aditya Birla MF, HDFC MF, Franklin Templeton MF, and ICICI Prudential MF have the highest exposure, reports Samie Modak.

The solution to India's unemployment crisis

The solution to India's unemployment crisis

Rediff.com25 Apr 2016

One solution to India's challenges of education, employment, employability lies in state governments adopting apprenticeships on a large scale.

How GST can boost revenue

How GST can boost revenue

Rediff.com11 Mar 2016

The very design of the GST will bring in revenue buoyancy.

Subsidy cuts in budget may disappoint investors

Subsidy cuts in budget may disappoint investors

Rediff.com20 Feb 2015

Total subsidy bill could come down to around Rs 2 trillion.

7 benefits if Insurance Bill is passed

7 benefits if Insurance Bill is passed

Rediff.com27 Oct 2014

It will allow more transparency in policies and flexibility in premium payment, besides improving processing of claims.

Will ED's Rs 863 crore seizure help Jagan in some way?

Will ED's Rs 863 crore seizure help Jagan in some way?

Rediff.com6 Mar 2014

As Jagan's property attachment came on the day the poll dates were announced, the YSR chief and his supporters refuse to buy the Enforcement Directorate's claim that it was a mere coincidence. Vicky Nanjappa reports.