News for 'investment scams'

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

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.

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.

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.

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.

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.

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.

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.

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.

'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.'

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.

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.

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

Dominican magistrate denies bail to Mehul Choksi: Local media

Dominican magistrate denies bail to Mehul Choksi: Local media

Rediff.com3 Jun 2021

The Dominica high court on Wednesday ordered that diamantaire Mehul Choksi be produced before a magistrate there to answer charges of his illegal entry into the Caribbean island country, local media reported. Dominica high court Judge Bernie Stephenson issued the orders after nearly three hours of hearing on a habeas corpus petition filed on behalf of Choksi who had claimed that he was abducted from neighbouring Antigua and Barbuda and forcefully brought to the Caribbean Island nation. She adjourned the habeas corpus matter till Thursday, Dominica News Online reported.

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.

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.

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.

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.

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.

'Infructuous': SC rejects Chidambaram plea in CBI arrest case

'Infructuous': SC rejects Chidambaram plea in CBI arrest case

Rediff.com26 Aug 2019

However, the bench said Chidambaram is at a liberty to seek remedy in accordance with the law.

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.

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

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.

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.

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.

Bihar Grand Alliance vows to scrap farm laws if elected

Bihar Grand Alliance vows to scrap farm laws if elected

Rediff.com17 Oct 2020

Releasing the manifesto titled 'Badlav Ka Sankalp' (commitment to change) in the presence of All India Congress Committee (AICC) general secretary Randeep Singh Surjewala and other Mahagathbandhan leaders, Tejashwi Yadav said their government, if elected, would first approve the process for appointments on about 10 lakh jobs in the government.

ED lens on Rs 2-cr painting bought from Priyanka by Kapoor

ED lens on Rs 2-cr painting bought from Priyanka by Kapoor

Rediff.com9 Mar 2020

While the Congress party has said that the deal was transparent as payment of Rs 2 crore was received by Vadra from Kapoor through cheque and was reflected in income tax returns, the ED is probing if the painting was owned by her or the AICC.

Two years in, the hits and misses from the Fadnavis government

Two years in, the hits and misses from the Fadnavis government

Rediff.com2 Nov 2016

The government has received flak for allegedly shielding the corrupt ministers and slow pace of investigation in irrigation scam.

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.

The failure of India's regulators to protect investors

The failure of India's regulators to protect investors

Rediff.com19 Oct 2015

Each scam that comes out in the open shows the regulators to be miles behind.

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 best to restore India's toxic banks to health

How best to restore India's toxic banks to health

Rediff.com24 Mar 2018

The government must set up a Bank Investment Company to shrink its role in PSBs, if we are serious about tackling the two persistent issues - lax corporate governance practices and discretionary decision-making, says Shyamal Majumdar.

India's banking system brutally unfair: Deepak Parekh

India's banking system brutally unfair: Deepak Parekh

Rediff.com11 Oct 2019

He said trust and confidence were the backbone of any financial system and one should never underestimate the power of ethics and values.

FMPs crisis: Lessons for all to learn

FMPs crisis: Lessons for all to learn

Rediff.com26 Apr 2019

'Why are FMPs used as a vehicle for promoter funding against listed shares?' asks Debashis Basu.

Modi takes floor, Sushma absent at BJP conclave

Modi takes floor, Sushma absent at BJP conclave

Rediff.com26 Sep 2012

Gujarat Chief Minister Narendra Modi was the cynosure of attention at the closed-door BJP national executive at Surajkund. Intervening in a discussion on foreign direct investment in retail, Modi asked other Bharatiya Janata Party leaders to go full hog on the issue by holding not less than 5,000 public meetings -- at least 10 in each Lok Sabha constituency -- to win over traders and farmers against foreign retailers to expose the Congress' hype on reforms to deflect attentio

Don't forget FDI in din amid other issues: JD-U

Don't forget FDI in din amid other issues: JD-U

Rediff.com11 Oct 2012

Against the backdrop of charges against Congress chief Sonia Gandhi's son-in-law Robert Vadra and realty major DLF, the Janata Dal-United on Thursday said the key issue of Foreign Direct Investment in multi-brand retail should not be forgotten in the din over other issues and suspected that those involved in coal and 2G scams may be trying to divert attention.

Raj Thackeray to appear before ED today

Raj Thackeray to appear before ED today

Rediff.com22 Aug 2019

Reacting to the ED's summons to Raj, his estranged cousin and Shiv Sena chief Uddhav Thackeray, in an intriguing comment, said he did not expect any 'solid outcome'.

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.