News for 'investment scam'

At 50, AIADMK faces senior moment with no saviour in sight

At 50, AIADMK faces senior moment with no saviour in sight

Rediff.com3 Jan 2022

Factionalism between OP Panneerselvam and Edappadi Palaniswami, the dominance of the BJP, the ruling DMK having a strong face in the form of CM Stalin, 'community and region-based politics', corruption charges against former ministers, and lack of a proper ideology are the major challenges the party is facing in the state.

Full text: President Murmu's address to Parliament's Budget Session

Full text: President Murmu's address to Parliament's Budget Session

Rediff.com31 Jan 2023

'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.

Mamata Banerjee and the Politics of Impulsiveness

Mamata Banerjee and the Politics of Impulsiveness

Rediff.com20 Dec 2021

Hasty, ill-conceived steps show how isolated Mamata Banerjee had been from the national political trend. A fascinating excerpt from Sugato Hazra's Losing The Plot: Political Isolation Of West Bengal.

'Congress using GSPC issue to deflect attention from Agusta'

'Congress using GSPC issue to deflect attention from Agusta'

Rediff.com9 May 2016

Saurabh Patel, energy minister, Gujarat, who has handled the energy portfolio since 2002, speaks to Archis Mohan on GPSC's investment in the KG basin and says the criticism is politically motivated.

2006 WC scam: Beckenbauer defends transfer of funds to FIFA

2006 WC scam: Beckenbauer defends transfer of funds to FIFA

Rediff.com27 Oct 2015

Franz Beckenbauer, who headed Germany's 2006 World Cup organising committee, said on Monday a transfer of 6.7 million euros to world football's governing body FIFA in 2005 was a mistake but rejected claims it was a return of a loan to buy votes in favour of the country's World Cup bid.

Dominican govt tells court to reject Choksi's petition

Dominican govt tells court to reject Choksi's petition

Rediff.com2 Jun 2021

The Government of Dominica has told a court there to reject the habeas corpus petition filed on behalf of businessman Mehul Choksi who had claimed that he was abducted and forcefully brought to the Caribbean island nation, local media reported. The high court of Dominica ordered that the businessman be produced in a magistrate court to answer charges of his illegal entry into the country and adjourned the hearing on the habeas corpus petition till Thursday, according to local media. Rejecting the submission of Choksi who is wanted in India in an alleged Rs 13,500 crore loan fraud case in Punjab National Bank, the prosecution said the habeas corpus petition does not stand as he had illegally entered the country and was subsequently detained.

'Sashi' has large shoes to fill as HDFC Bank's new boss

'Sashi' has large shoes to fill as HDFC Bank's new boss

Rediff.com13 Aug 2020

Apart from navigating the bank through the Covid crisis, Jagdishan may also have to deal with the latest development on the auto loan lending practice scam. He will be expected to deliver consistent profit growth of 20 per cent-plus quarter after quarter, irrespective of the operating environment.

Read on, if you are stuck with shares of a scam-hit company

Read on, if you are stuck with shares of a scam-hit company

Rediff.com6 Sep 2011

Keep your nerve and don't exit at once. For all you know, there could be a turnaround story.

How to discuss money with parents

How to discuss money with parents

Rediff.com22 Jan 2020

Communicate your every step towards the betterment of their future. If the initial hand-holding will be done right, they will understand and respect your decision of helping them, says Naval Goel.

What Telecom Man reveals about India's business-politics links

What Telecom Man reveals about India's business-politics links

Rediff.com16 May 2020

'It's the brazen corruption involving politicians that makes you sit up years after the event,' notes Nivedita Mookerji after reading B K Syngal's Telecom Man.

MPs want ban on schemes promising very high returns

MPs want ban on schemes promising very high returns

Rediff.com17 May 2013

The Parliamentary Standing Committee on Finance, chaired by BJP leader and former Finance Minister Yashwant Sinha, which met on Friday to discuss the chit fund scam, was of the view that there should be a 'single law and a single regulator' to deal with investment schemes, sources said.

Tough legal fight awaits Birla group in coal allocation scam trial

Tough legal fight awaits Birla group in coal allocation scam trial

Rediff.com12 Mar 2015

Hindalco is currently one of the frontrunners in the coal auction

It is time to fix Indian news television

It is time to fix Indian news television

Rediff.com6 Jan 2020

'Of the 202 debates, 79 were around attacking Pakistan and 66 attacking the Opposition and Nehru.' 'The PMC Bank scam where thousands of depositors lost their savings got just one,' points out Vanita Kohli-Khandekar.

Madhu Koda released on bail after 44 months in jail

Madhu Koda released on bail after 44 months in jail

Rediff.com31 Jul 2013

A day after securing bail in the fifth case of corruption, former Jharkhand chief minister Madhu Koda was on Wednesday rleased from jail after spending 44 months behind bars.

Chopper scam: Budget session likely casualty as Centre, Congress trade charges

Chopper scam: Budget session likely casualty as Centre, Congress trade charges

Rediff.com28 Apr 2016

With an aggressive Opposition and unyielding government, important legislation could be the biggest casualty, as details of the helicopter contract surface.

Saradha group chief sent to 14 days judicial custory

Saradha group chief sent to 14 days judicial custory

Rediff.com24 Mar 2015

Central Bureau of Investigation is investigating the Saradha ponzi scam.

REVEALED! How Nirav Modi transferred fraudulent funds

REVEALED! How Nirav Modi transferred fraudulent funds

Rediff.com13 Mar 2019

ED team managed to get several bank statements from Barbados, Dubai, Hong Kong etc. which prove vital overseas link and money trail relating to Nirav Modi and his aides.

'When Modi chants Ram, Ram, the youth chant kaam kaam'

'When Modi chants Ram, Ram, the youth chant kaam kaam'

Rediff.com22 Feb 2021

'Who are these people on the streets?' 'They are youth and students who were hoodwinked, bluffed by Modi for the last seven years, with a promise of 2 crore jobs every year.' 'And Mamata sings the same tune.' 'But the youth can see that as long as there is Mamata or Modi, there is no hope.'

No directions to cut real estate exp: Finmin

No directions to cut real estate exp: Finmin

Rediff.com26 Nov 2010

The Government today said it has not directed public sector banks to cut exposure in real estate following the housing-finance bribery scam. "No why should we say this," Financial Services Secretary R Gopalan told reporters when asked if the government has given such directions to the state-run banks.

Protect yourself from bad stock market advice

Protect yourself from bad stock market advice

Rediff.com15 Feb 2011

Listed here are some investment advices related to stock markets which if heard should be given proper thought before betting your money on them.

Ponzi schemes: Lawmakers quiz regulators, ministry officials

Ponzi schemes: Lawmakers quiz regulators, ministry officials

Rediff.com18 Sep 2014

The Parliamentary Standing Committee on Finance's meeting comes against the backdrop of CBI probing the Saradha scam in which thousands of crores or rupees of gullible investors were allegedly swindled.

Six steps to protect your retirement funds

Six steps to protect your retirement funds

Rediff.com19 Jul 2012

By scrimping and saving your whole life for retirement, you need to make sure those funds are kept safe for your future needs. Here are a few tips on how to protect your retirement funds

'The real farmer doesn't go out to agitate'

'The real farmer doesn't go out to agitate'

Rediff.com3 Oct 2018

'Most of the agitations are staged by the Opposition to disturb the peace of the state.'

J&K arms licenses case: More than what meets the eye

J&K arms licenses case: More than what meets the eye

Rediff.com30 Nov 2021

'The bureaucracy in J&K feel completely disowned by the Centre.' 'The majority of officers under the scanner have not committed any irregularities and the Centre knows that.'

Send Rajan back to Chicago if you want to see economic growth at 10%: Swamy

Send Rajan back to Chicago if you want to see economic growth at 10%: Swamy

Rediff.com17 Jun 2016

Subramanian Swamy said if income tax is abolished, middle class will deposit money in banks which can be invested in manufacturing.

10 lessons from the stock market

10 lessons from the stock market

Rediff.com30 Dec 2010

Whether it was scams or the threat of recession, the market survived everything with aplomb.

How to spot a Ponzi scheme and avoid it

How to spot a Ponzi scheme and avoid it

Rediff.com6 Aug 2018

Ponzi schemes have characteristics that the informed investor can spot easily.

Movie business loses Rs 120 billion!

Movie business loses Rs 120 billion!

Rediff.com3 May 2021

From Rs 191 billion in 2019, the world's largest film producing industry now stands at Rs 72 billion thanks to the pandemic.

Why independent directors are quitting in droves

Why independent directors are quitting in droves

Rediff.com27 Apr 2009

More than 500 independent directors have resigned since January 1 this year.

What was Pratip Chaudhuri's crime?

What was Pratip Chaudhuri's crime?

Rediff.com23 Nov 2021

The account turned bad before Chaudhari took over as SBI chairman and the asset was sold to AARC following an open bidding process, months after Chaudhari retired, explains Tamal Bandyopadhyay.

As benchmark indices scale fresh peak, Sensex valuation nears 20-year high

As benchmark indices scale fresh peak, Sensex valuation nears 20-year high

Rediff.com24 Dec 2019

The Sensex is on course to ending calendar year (CY) 2019 at a price-earnings (P/E) multiple of 29x, the highest in 25 years. Current valuations are, however, lower than those seen in the early 1990s. The Sensex has risen close to 14 per cent in the last 12 months, while the index underlying EPS dropped 6.7 per cent during the period.

Will phone tapping controversy rock Gehlot's boat?

Will phone tapping controversy rock Gehlot's boat?

Rediff.com29 Mar 2021

Union minister files a case against Rajasthan officials, alleges that audio recordings of tapped phone conversations has tarnished his reputation and disturbed his mental peace.

18 things that will shape India's economy this year

18 things that will shape India's economy this year

Rediff.com8 Jan 2018

As economic policy making moves from pragmatism to populism, the bulls begin to make way for cautious optimists.

40 years ago...And now: Markets hit record highs, but investors still wary

40 years ago...And now: Markets hit record highs, but investors still wary

Rediff.com23 Mar 2015

Uncertainty lingers in the minds of retail investors due to scams.

Demonetisation was an ethical move, not political: Jaitley

Demonetisation was an ethical move, not political: Jaitley

Rediff.com17 Nov 2018

The minister said demonetisation has increased the tax return filings and also increased the revenue of the states and the Centre immensely.

3 Indians sentenced to 517-year jail term in fraud case in UAE

3 Indians sentenced to 517-year jail term in fraud case in UAE

Rediff.com11 Apr 2018

The accused -- Lemos, his wife Valany and Ryan D'Souza -- were convicted on Sunday by the Dubai Misdemeanours Court in the 515 cases filed against them

Indians just don't trust the stock markets

Indians just don't trust the stock markets

Rediff.com26 Apr 2010

The investor is voting for safe investment avenues and is not impressed by the lucre promised by Dalal Street, says Mahesh Vyas.

How 2G case impacts telecom sector to this day

How 2G case impacts telecom sector to this day

Rediff.com22 Dec 2017

The fear of another scam pushed the government into a rather long period of so-called 'policy paralysis'. To play it safe, the price of spectrum in all subsequent auctions was benchmarked to the high 3G rates, says Surajeet Das Gupta.

Massive protests against Saradha Group in Guwahati

Massive protests against Saradha Group in Guwahati

Rediff.com25 Apr 2013

Even as the crackdown on Saradha Group involved in the chit fund scam continues, Krishak Mukti Sangram Samity, a leading NGO in Assam, on Thursday staged a mass demonstration in front of the deputy commissioner's office in Guwahati.

Chidambaram gets interim relief from CBI in Aircel-Maxis case

Chidambaram gets interim relief from CBI in Aircel-Maxis case

Rediff.com30 May 2018

P Chidambaram's son Karti was arrested on February 28 at the Chennai airport on his return from the United Kingdom, for his alleged role in facilitating Foreign Investment Promotion Board clearance for INX Media Ltd. and its directors, Peter and Indrani Mukerjea.