News for 'shell companies'

Delhi riots: ED files charge sheet against Tahir Hussain

Delhi riots: ED files charge sheet against Tahir Hussain

Rediff.com17 Oct 2020

The ED was probing the allegation that Hussain and his linked persons laundered about Rs 1.10 crore by using purported shell or dummy companies to fuel protests against the Citizenship Amendment Act (CAA) and the riots.

You may have to shell out over Rs 53,000 for iPhone 6

You may have to shell out over Rs 53,000 for iPhone 6

Rediff.com11 Sep 2014

The new iPhone siblings will be available in India about a week before Diwali, the country's biggest festival.

I-T dept uncovers tax evasion of Rs 38,000 crore

I-T dept uncovers tax evasion of Rs 38,000 crore

Rediff.com27 Oct 2016

Most of the individuals hail from Mumbai, Kolkata, Ahmedabad, Surat, and Delhi

SBI commits 0.25% of FY20 profit to help fight COVID-19

SBI commits 0.25% of FY20 profit to help fight COVID-19

Rediff.com23 Mar 2020

The fund used to fight the coronavirus pandemic will be spent from CSR funds.

How much did Zee earn from Radhe?

How much did Zee earn from Radhe?

Rediff.com4 Jun 2021

Zee is estimated to have paid around Rs 225 crore for the complete rights of Radhe. The total revenue that it may earn could be around Rs 135 crore, implying a shortfall of Rs 90 crore.

State of economy not as bad as critics present: Modi

State of economy not as bad as critics present: Modi

Rediff.com4 Oct 2017

Modi said his critics were seeing slowdown in the last two quarters but were ignoring that the BJP government had brought down inflation from 10% to 2.5%.

WATCH: President rushes to help policewoman who fell

WATCH: President rushes to help policewoman who fell

Rediff.com29 Oct 2019

The Delhi policewoman was standing in front of the dais at Vigyan Bhawan during the first National CSR Awards function. She fell and sat on the carpet when the national anthem was being played, according to a PTI photographer who was present.

ED raids Nirav Modi's Mumbai house; seizes valuables worth Rs 5,716 cr

ED raids Nirav Modi's Mumbai house; seizes valuables worth Rs 5,716 cr

Rediff.com19 Feb 2018

The agency has so far seized diamonds, gold jewellery and other precious stones worth Rs 5,716 crore in the case and summoned Modi and Choksi, the promoter of Gitanjali Gems, to appear before it on February 23 at its Mubai zonal office.

Difficult to Make Money in IPOs with Leveraged Bets

Difficult to Make Money in IPOs with Leveraged Bets

Rediff.com4 Dec 2021

HNI investors need an optimal mix of oversubscription and listing-day gain to make money on leveraged bets, notes Sanjay Kumar Singh.

Look back at PM Modi's Independence Day speeches

Look back at PM Modi's Independence Day speeches

Rediff.com15 Aug 2020

Prime Minister Narendra Modi is addressing the nation for the seventh time from the ramparts of the Red Fort on Independence Day on Saturday and it will be his second speech of the second term in office.

Aadhaar helpline number can't steal data, says UIDAI

Aadhaar helpline number can't steal data, says UIDAI

Rediff.com5 Aug 2018

The UIDAI said rumour mongers attempted to tarnish the image of Aadhaar for a Google's inadvertent act that led to appearance of its old helpline number 1800 300 1947 in the contact list of several mobile phone users.

Kabul Chawla's gamble in real estate turns ugly in India

Kabul Chawla's gamble in real estate turns ugly in India

Rediff.com13 Feb 2015

Kabul Chawla's company in India is facing the ire of consumers.

RBI officials quizzed over 20:80 gold import scheme

RBI officials quizzed over 20:80 gold import scheme

Rediff.com5 Apr 2018

The four officials were asked questions related to the UPA government's '20:80' gold import scheme, which was cleared by Chidambaram on May 13, 2014, barely three days before the counting of votes of the general election

2 civilians, BSF jawan killed as Pak targets villages in Jammu

2 civilians, BSF jawan killed as Pak targets villages in Jammu

Rediff.com19 Jan 2018

The heavy shelling took place in Jammu, Samba and Kathua districts.

Sensex, Nifty fell over 1% to hit their one-month lows

Sensex, Nifty fell over 1% to hit their one-month lows

Rediff.com11 Aug 2017

SBI had a bad day, sliding the most by 5.36%. Others that dragged the key indices down were M&M, Reliance Industries and L&T.

Why it is not so easy for a retail investor to make money in an IPO

Why it is not so easy for a retail investor to make money in an IPO

Rediff.com17 Aug 2021

Allotment could be low, and expected listing-day gains can quickly morph into losses if sentiment takes a turn for the worse

Why are electric two-wheelers in India catching fire?

Why are electric two-wheelers in India catching fire?

Rediff.com12 May 2022

Nearly a decade ago, the first fully electric vehicle (EV) caught fire on the road in the US. It was a model from Tesla, the world's most admired EV maker. A metal fragment punctured the underbelly of the vehicle, penetrating its battery pack, leading to a fire. Indian lawmakers and automakers have had nine years to study the incident (in fact, three Tesla Model Ss caught fire in two months in 2013) but seem to have learnt little.

Note ban objective was to squeeze out cash: Jaitley

Note ban objective was to squeeze out cash: Jaitley

Rediff.com30 Aug 2017

Jaitley said note ban has compelled people to deposit money into bank accounts.

Want Health Insurance? Read This

Want Health Insurance? Read This

Rediff.com8 Jan 2022

Make sure that the waiting period on pre-existing diseases does not exceed two years. Avoid policies that come with room rent and ICU capping, suggests Sanjay Kumar Singh.

Why black-ka-white through stocks won't stop

Why black-ka-white through stocks won't stop

Rediff.com16 Feb 2017

Debashis Basu lists various reasons why laundering through the stock market thrives.

PSU telcos too hit with demand to pay AGR dues

PSU telcos too hit with demand to pay AGR dues

Rediff.com16 Feb 2020

Oil India and other PSUs had filed clarificatory /modificatory petition before the Supreme Court. These companies own and operate telecom networks though they do not provide telecom services.

'India is like a soft-shell crab, but will grow into something hard and powerful'

'India is like a soft-shell crab, but will grow into something hard and powerful'

Rediff.com30 Jun 2016

'India stands on the broad shoulders of an extraordinary civilisation. In some ways it is quite surprising that it hasn't fully embraced the power of that.' 'The prime minister speaks about Make in India. Let's remind ourselves also of Made in India. What made India great. What are the great things of the past which will help us make India even greater.' 'India stands on the broad shoulders of an extraordinary civilisation. In some ways it is quite surprising that it hasn't fully embraced the power of that.'

First Jio-BP branded petrol pump to open near Mumbai

First Jio-BP branded petrol pump to open near Mumbai

Rediff.com21 Oct 2021

Global energy supermajor BP plc on Thursday said it is about to open its first 'Jio-bp' branded petrol pump in partnership with Reliance Industries near Mumbai.

India's infra sector gets a major funding boost

India's infra sector gets a major funding boost

Rediff.com17 Mar 2021

The Cabinet has cleared a Bill to set up a government-owned development finance institution (DFI) with initial paid-up capital of Rs 20,000 crore so that it can leverage around Rs 3 trillion from the markets in a few years to provide long-term funds to infrastructure projects as well as for development needs of the country. To put it in perspective, Rs 3 trillion constitutes slightly less than 3 per cent of the Rs 111 trillion to be spent on over 7,000 projects in the National Infrastructure Pipeline from 2019-20 to 2024-25. Besides, the government will give Rs 5,000 crore as grant to the institution, Finance Minister Nirmala Sitharaman on Tuesday told the media after the Cabinet meeting.

George Fernandes: The minister who threw Coke out of India, stalled HPCL privatisation

George Fernandes: The minister who threw Coke out of India, stalled HPCL privatisation

Rediff.com29 Jan 2019

Fernandes wanted Coca-Cola Company to not just transfer 60 per cent of the shares of its Indian firm but also the formula for its concentrate to Indian shareholders.

India's Cairn and Unable Moment

India's Cairn and Unable Moment

Rediff.com28 Jul 2021

The Indian State does not believe in the rule of law. It does not even recognise the need to follow treaties that it itself signed. And so it is refusing to shell out to Cairn; and, as a consequence, has brought on the Paris humiliation, notes Mihir S Sharma.

Appeal goes out to Sahara Pariwar to shell out Rs 1 lakh each for Roy's bail

Appeal goes out to Sahara Pariwar to shell out Rs 1 lakh each for Roy's bail

Rediff.com28 Mar 2014

The contribution 'appeal' was made through a one-page letter signed by directors of a hitherto unknown society and 'associates' of the group. Company officials, however, disowned any connection with the appeal.

Electoral Bonds: Advantage BJP

Electoral Bonds: Advantage BJP

Rediff.com11 Mar 2019

'The most fundamental flaw with the electoral bond scheme is that it is designed to make anonymous donations.' 'It makes it easy for black money holders as well as corrupt corporates to donate money to the ruling party and ask for a quid pro quo without anybody getting any idea about it.'

Draft rules tighten tax norms for MNCs

Draft rules tighten tax norms for MNCs

Rediff.com24 Dec 2015

The rules will affect Indian companies that take most decisions about their foreign subsidiaries.

PIX: Pacers, Pujara put India in control on Day 3

PIX: Pacers, Pujara put India in control on Day 3

Rediff.com4 Jul 2022

At stumps on Day 3, India were 125/3 in their second innings to extend their lead to 257 runs with Cheteshwar Pujara (50 not out) hitting a gutsy half-century.

Chidambaram sent to ED custody till Oct 24

Chidambaram sent to ED custody till Oct 24

Rediff.com17 Oct 2019

The court permitted the request of Chidambaram that he be allowed a separate cell, home-cooked food, western toilet, medicines, spectacles and visit by his family members and lawyers half and hour daily, after the ED did not oppose it.

How PSUs are caught between govt and markets

How PSUs are caught between govt and markets

Rediff.com25 Jan 2021

State-owned companies have been set stiff targets to increase accountability as they get ready for divestment. Nikunj Ohri explains why meeting them will be challenging.

CBI expands probe against Chidambaram

CBI expands probe against Chidambaram

Rediff.com22 Aug 2019

The CBI suspects that Chidamabaram and his son Karti also received kickbacks from other companies.

Back to the wall, will Choksi still manage to pull off a trick or two?

Back to the wall, will Choksi still manage to pull off a trick or two?

Rediff.com12 Jun 2021

Given how everything has played out, Mehul Choksi, now 62, achieved all that he wanted but for all the wrong reasons, says Pavan Lall.

Govt to focus on LPG cost in next leg of Ujjwala scheme

Govt to focus on LPG cost in next leg of Ujjwala scheme

Rediff.com14 Apr 2021

With the price of a cylinder touching Rs 800, it's becoming increasingly unaffordable to an already price-sensitive population, threatening to risk one of the most-celebrated campaigns of the Modi regime, reports Twesh Mishra.

IBC: The CURIOUS Case of Videocon

IBC: The CURIOUS Case of Videocon

Rediff.com6 Aug 2021

Valuers have found almost no assets to pay for their claims against the Videocon group that entered the insolvency process in 2018. But the dissenters suggest that the money is elsewhere, possibly in the group's oil and gas assets, which are not part of the group's bankruptcy case.

Mauritius party may go on through instruments other than shares

Mauritius party may go on through instruments other than shares

Rediff.com13 May 2016

Other forms of securities such as compulsorily convertible debentures (CCDs), optionally convertible debentures (OCDs) and some derivatives could remain out of the scope of the amendments

Chidambaram has a bad day at court, CBI custody extended to Friday

Chidambaram has a bad day at court, CBI custody extended to Friday

Rediff.com26 Aug 2019

Special Judge Ajay Kumar Kuhar said the CBI demand was "justified" that Chidambaram has to be further interrogated in its custody.

Tension along Assam-Mizoram border after violence; CMs fight on Twitter

Tension along Assam-Mizoram border after violence; CMs fight on Twitter

Rediff.com26 Jul 2021

The situation along the Mizoram-Assam border has been on the boil since June-end when Assam Police allegedly took control over an area known as 'Aitlang hnar' about 5 km from Vairengte, accusing the neighbouring state of encroaching on its territory.

Would you bid for Nirav Modi's art?

Would you bid for Nirav Modi's art?

Rediff.com19 Mar 2019

Sixty-eight paintings that once belonged to fugitive diamond merchant Nirav Modi will go under the hammer next week.