News for 'national financial reporting authority'

Pannun 'Plot': Modi Responds to US Charges

Pannun 'Plot': Modi Responds to US Charges

Rediff.com20 Dec 2023

'If a citizen of ours has done anything good or bad, we are ready to look into it. Our commitment is to the rule of law.'

Short circuit caused Kuwait fire; 1 more Indian dead, toll 46

Short circuit caused Kuwait fire; 1 more Indian dead, toll 46

Rediff.com14 Jun 2024

The death toll of Indians killed in the massive fire in Kuwait has risen to 46 with one more person succumbing to injuries as authorities said that an electrical short circuit in the room of the guard on the ground floor of the building caused the blaze that killed 50 people.

Surging markets: CJI Chandrachud urges Sebi, SAT to be cautious

Surging markets: CJI Chandrachud urges Sebi, SAT to be cautious

Rediff.com4 Jul 2024

Chief Justice of India D Y Chandrachud on Thursday advised market regulator SEBI and the Securities Appellate Tribunal (SAT) to exercise caution amid a significant surge in equity markets and pitched for more tribunal benches to ensure that the "backbone is stable". Inaugurating the new SAT premises here, CJI Chandrachud pitched for authorities to consider opening up new benches of the SAT given the higher workloads because of higher quantum of transactions and newer regulations.

Waqf Property Income Falls 99%

Waqf Property Income Falls 99%

Rediff.com29 Aug 2024

In FY24, the net income generated from Waqf properties fell to about Rs 1.26 crore from Rs 150 crore in FY20.

Rs 900 Crores Cyber Scams Prevented!

Rs 900 Crores Cyber Scams Prevented!

Rediff.com6 Dec 2023

...benefiting 350,000 persons. Also, Trai detected and blocked seven million mobile phone connections involved in cyber fraud and suspicious activities.

Collect passport details of big borrowers in 45 days: Finmin to Banks

Collect passport details of big borrowers in 45 days: Finmin to Banks

Rediff.com6 Mar 2018

It further said that the loan application form should be suitably modified to incorporate passport details of borrowers.

Infosys denies knowledge of any fresh complaint

Infosys denies knowledge of any fresh complaint

Rediff.com13 Dec 2019

Infosys pointed out that it is not uncommon for plaintiffs' lawyers to issue press releases or other media communications asking potential plaintiffs to contact them in order to apply for lead plaintiff status in an existing lawsuit. In October, Infosys had informed the stock exchanges of having received anonymous whistleblower complaints alleging certain unethical practices by the top management.

No evidence to confirm whistleblowers' claims: Infosys

No evidence to confirm whistleblowers' claims: Infosys

Rediff.com4 Nov 2019

On October 24, the NSE sought clarification from the IT major on the whistleblowers' allegations and why the company had not disclosed the same to the exchanges.

Communal clashes after rape attempt: Telangana district remains calm

Communal clashes after rape attempt: Telangana district remains calm

Rediff.com5 Sep 2024

The situation in Jainoor town in Kumuram Bheem Asifabad district remained peaceful on Thursday a day after a protest by tribal organisations against an autorickshaw driver's alleged attempt to rape and murder a tribal woman sparked communal tension prompting authorities to impose a curfew.

Where Would India Be Without Dr Singh?

Where Would India Be Without Dr Singh?

Rediff.com27 Dec 2024

What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.

Sudden downpour floods Delhi, Mumbai gets a respite

Sudden downpour floods Delhi, Mumbai gets a respite

Rediff.com10 Jul 2024

A sudden downpour in Delhi caught citizens off guard and caused heavy waterlogging and traffic jams on Tuesday while Mumbai breathed a sigh of relief as showers stopped a day after heavy rain brought the metropolis to its knees.

40 Years Later, Can The Wounds Ever Heal?

40 Years Later, Can The Wounds Ever Heal?

Rediff.com30 Oct 2024

As a consequence of prominence given to the brutality during those few days, a very important aspect of that episode got almost glossed over. This was the intervention by a very significant section of people who restored faith in humanity, and conveyed the message that only a small section of Indians, that too politically backed, were consumed by anti-Sikh majoritarianism. The overlooked facet of the events of 1984 was the story of significant sections of the city's populace, public figures and nondescript ones, stepping out hand-in-hand, to first stand with little but bravery in hands, in the way of attackers, and thereafter to provide immediate relief to those who lives were uprooted and who lost family members in the violence, recalls Nilanjan Mukhopadhyay.

Is Priyanka A Political Tourist In Wayanad?

Is Priyanka A Political Tourist In Wayanad?

Rediff.com2 Nov 2024

When it comes to the Congress and Wayanad, the only way the scepticism in the minds of some in Kerala may be addressed is by the Gandhi family proving that they are more than a passing caravan in town, reports Shyam G Menon.

CBI to probe coaching centre deaths, HC raps Delhi police

CBI to probe coaching centre deaths, HC raps Delhi police

Rediff.com2 Aug 2024

Criticising the police for arresting an SUV driver and blaming him for the incident, the high court said, "Mercifully, you have not challaned the rainwater for entering into the basement."

India cooperating with US, but Canada...: Envoy

India cooperating with US, but Canada...: Envoy

Rediff.com28 Nov 2023

The Indian envoy said that India was "absolutely" and "decidedly" not involved in the homicide, terming it a "motivated and absurd allegation."

'A financial contagion cannot be ruled out'

'A financial contagion cannot be ruled out'

Rediff.com26 Jul 2019

'The shadow banks are currently facing a liquidity and solvency crisis.' 'The danger is that it could potentially engulf the entire financial system because shadow banks have borrowed huge amount of money from banks, mutual funds, pension funds, and insurance companies.'

ED seeks FCRA probe into AAP's Rs 7-cr foreign funding; party says BJP plot

ED seeks FCRA probe into AAP's Rs 7-cr foreign funding; party says BJP plot

Rediff.com20 May 2024

The Aam Aadmi Party dismissed the allegation as "baseless" and claimed it was "another conspiracy hatched by the BJP" to tarnish AAP's image ahead of voting for Lok Sabha seats in Delhi and Punjab.

'Even If We Have To Die, We Won't Let This Port Come Up'

'Even If We Have To Die, We Won't Let This Port Come Up'

Rediff.com13 Sep 2024

'Modi knows the people here are opposed to this project, but he is using the might of government to push this port down our throats.'

2021: How to organise your financial documents

2021: How to organise your financial documents

Rediff.com5 Jan 2021

The trick is to know how long you are supposed to hold which document, observes Bindisha Sarang.

UP bans sale of halal-certified products, no restriction on exports

UP bans sale of halal-certified products, no restriction on exports

Rediff.com19 Nov 2023

In a statement, the state government alleged 'malicious attempts' to discourage the use of products lacking a halal certificate not only seek 'unfair financial benefits' but also form part of a 'pre-planned strategy to sow class hatred, create divisions in society, and weaken the country' by "anti-national elements".

Five Indian Americans held in student visa, financial fraud

Five Indian Americans held in student visa, financial fraud

Rediff.com30 May 2014

Each of the defendants was associated with the Micropower Career Institute, a for-profit school with five campuses in New York and New Jersey, or the Institute for Health Education, a for-profit school located in New Jersey. Suman Guha Mozumder reports.

25 killed, several missing as stone quarry collapses in Mizoram

25 killed, several missing as stone quarry collapses in Mizoram

Rediff.com29 May 2024

Aizawl has been cut off from the rest of the country due to a landslide on National Highway 6 at Hunthar.

Crypto Bourses Under The Scanner

Crypto Bourses Under The Scanner

Rediff.com26 Nov 2022

Crypto exchanges have been asked to furnish details this month itself.

France begins judicial probe into Rafale deal

France begins judicial probe into Rafale deal

Rediff.com3 Jul 2021

The Congress urged Modi to come forward and order a JPC probe into the Rafale deal.

A Neat Tragedy Called NEET

A Neat Tragedy Called NEET

Rediff.com25 Jul 2024

NEET is a court-ordered examination, supposedly aimed at meritocracy. However, over the past years when the incumbent Narendra Modi government at the Centre began implementing it, it took on political and casteist colours, observes N Sathiya Moorthy.

Prajwal case: 'People fleeing their homes in Hassan'

Prajwal case: 'People fleeing their homes in Hassan'

Rediff.com22 May 2024

Karnataka Home Minister G Parameshwara has asserted there were no lapses on the part of the government in handling cases relating to the alleged sexual abuse of women by Hassan MP Prajwal Revanna and that the Special Investigation Team was probing them from all angles.

Whistleblower's complaints against Infosys co-founders appalling: Nilekani

Whistleblower's complaints against Infosys co-founders appalling: Nilekani

Rediff.com6 Nov 2019

Nandan Nilekani said the co-founders have served the company "selflessly" and remain committed to the long-term success of Infosys.

US SEC to seek Sebi's cooperation 'crack' Infosys case

US SEC to seek Sebi's cooperation 'crack' Infosys case

Rediff.com25 Oct 2019

Infosys said it is also "aware of a securities class action lawsuit" that has been filed against the company in a federal court in the US, based on the generalised allegations in the anonymous complaints. The company intends to defend itself vigorously in such a lawsuit.

India forms panel to probe charge of plotting to kill Pannun in US

India forms panel to probe charge of plotting to kill Pannun in US

Rediff.com29 Nov 2023

India has constituted a high-level inquiry committee to probe allegations relating to a conspiracy to kill a Sikh extremist on American soil.

Tax Collections May Exceed Budget Estimates

Tax Collections May Exceed Budget Estimates

Rediff.com15 Nov 2023

Taking both direct and indirect taxes, the gross collection is expected to grow 10.45 per cent to Rs 33.61 trillion in 2023-2024.

Setback for Imran; Pakistan fares badly in terror funding report

Setback for Imran; Pakistan fares badly in terror funding report

Rediff.com7 Oct 2019

The APG released its much-awaited 228-page 'Mutual Evaluation Report' on Saturday, 10 days ahead of the key Financial Action Task Force's plenary meeting which will give its decision on Pakistan's 'grey list' status.

All about the Indian financial code 2.0

All about the Indian financial code 2.0

Rediff.com18 Aug 2015

The finance ministry has put out a revised draft in public domain.

IFSCA looks to clear decks for startups' direct listing at GIFT City

IFSCA looks to clear decks for startups' direct listing at GIFT City

Rediff.com29 Aug 2023

The International Financial Services Centres Authority (IFSCA) has proposed key exemptions to the current listing framework and measures for setting up holding companies (holdcos) and special purpose acquisition companies (SPACs) to encourage domestic startups list at GIFT City, the country's only international financial services centre (IFSC). Under the current framework, to be eligible to list on IFSC exchanges, an issuing company should have operating revenue of at least $20 million in the preceding financial year and average pre-tax profits of at least $1 million during the preceding three financial years. An expert committee has noted these conditions have acted as hurdles to listing new-age companies, and they need a relook.

Clouds over Britain's financial sector after Brexit vote

Clouds over Britain's financial sector after Brexit vote

Rediff.com24 Jun 2016

A leave vote means the future of Britain's financial services industry is now hanging in the balance.

Swachh Bharat Not A Game Changer

Swachh Bharat Not A Game Changer

Rediff.com2 Apr 2024

If we as citizens, do not take ownership of public places, public facilities and public conveniences, Swachh Bharat will remain just a hollow slogan, notes Biswajit Dasgupta.

US slaps fresh sanctions on Iran-based groups linked to Hamas funding

US slaps fresh sanctions on Iran-based groups linked to Hamas funding

Rediff.com27 Oct 2023

The US treasury department informed about the sanctions following the October 7 attacks on Israel by Hamas.

ED probes money laundering in drug case linked to DMK ex-functionary

ED probes money laundering in drug case linked to DMK ex-functionary

Rediff.com10 Mar 2024

The ED will probe if money earned from the illicit narcotics trade was laundered to create movable and immovable assets by the accused. The investigation will run parallel to the NCB probe, the sources said.

Plot to kill Pannun: India reacts to US indictment

Plot to kill Pannun: India reacts to US indictment

Rediff.com1 Dec 2023

India has constituted a probe team to investigate allegations relating to the foiled plot to kill Gurpatwant Singh Pannun, a Sikh extremist and known to be an American and Canadian citizen.

Chinese spy warship docks in Colombo port, 2nd in year

Chinese spy warship docks in Colombo port, 2nd in year

Rediff.com11 Aug 2023

A Chinese Navy warship capable of surveillance has docked at the Colombo port, nearly a year after another spy vessel berthed at a strategic port in the country and raised concerns in India.

IRFC, NBCC, SJVN, BHEL: PSU stocks are on fire; analysts see more headroom

IRFC, NBCC, SJVN, BHEL: PSU stocks are on fire; analysts see more headroom

Rediff.com15 Feb 2024

Stocks of public sector undertakings (PSUs) have been on fire in the past year as investors cheered an improvement in key operating metrics and embraced counters of these state-owned enterprises, analysts suggest. The S&P BSE PSU Index has gained over 90 per cent in the past year, rising much higher than the S&P BSE Sensex, which has rose nearly 19 per cent during this period, according to ACE Equity data. The BSE PSU Index, reports show, has delivered a compound annual growth rate (CAGR) of 28 per cent (including dividends reinvestments) over five years and risen by almost 60 per cent in the past year.