News for 'siphoning off funds'

Dabholkar murder: Accused sent in CBI custody till June 16

Dabholkar murder: Accused sent in CBI custody till June 16

Rediff.com11 Jun 2016

A local court on Saturday remanded Virendra Tawade, a member of Hindu Janjagruti Samiti and an accused in the murder of rationalist Narendra Dabholkar, to Central Bureau of Investigation custody till June 16.

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.

Why are India's babus so unprofessional?

Why are India's babus so unprofessional?

Rediff.com16 Feb 2018

The 2G judgment suggests many bureaucrats have poor application, inadequate interest and are unwilling to be active participants in the policy process, says Babu Jacob.

Investment banks order forensic audit of promoters, key management staff

Investment banks order forensic audit of promoters, key management staff

Rediff.com22 Apr 2015

The bank wanted to run a background check on some Indian promoters.

CBI director removed because agency questioned Rafale deal: Rahul Gandhi

CBI director removed because agency questioned Rafale deal: Rahul Gandhi

Rediff.com24 Oct 2018

The Congress president alleged that the Bharatiya Janata Party deceived people and siphoned off hard-earned money of farmers, poor, small businessmen to fill the pockets of the country's 15-20 big industrialists.

Another big IPO soon; DMart to list on March 8

Another big IPO soon; DMart to list on March 8

Rediff.com1 Mar 2017

The company was looking to raise around Rs 1,800 crore for a stake sale of 10 per cent.

Power, oil, telecom firms under CBI lens for laundering

Power, oil, telecom firms under CBI lens for laundering

Rediff.com20 Aug 2014

The Central Bureau of Investigation (CBI) had told the finance ministry some "well-known" companies in the power, oil, and telecommunications sectors were involved in round-trip trading by indulging in third-party transfers in violation of law.

Will crackdown on shell cos work?

Will crackdown on shell cos work?

Rediff.com13 Nov 2017

While the crackdown is a major step in combating tax evasion and improving transparency, it might also impact the flexibility and genuine corporate structures created to achieve legitimate objectives, says Suresh Surana.

BJP reaped benefits of communal polarisation: Cong in LS

BJP reaped benefits of communal polarisation: Cong in LS

Rediff.com11 Jun 2014

Accusing the ruling Bharatiya Janata Party of having "reaped benefits" of communal polarisation in the Lok Sabha elections, the Congress on Wednesday said the government should now focus on good governance and deliver on promises.

Why Mallya's payback offer should be welcomed

Why Mallya's payback offer should be welcomed

Rediff.com10 Dec 2018

'Mallya has offered to pay the original amount.' 'Let us say he means the principal amount and that stands at Rs 5,000 crores.' 'The Indian banks have to ask themselves if they would rather have this 5,000 crores or would have none of it at all,' asks Sudhir Bisht.

For directors in debarred cos, liability doesn't end

For directors in debarred cos, liability doesn't end

Rediff.com27 Sep 2017

Under the Companies Act, all the rights of at least 300,000 disqualified directors cease to have any validity.

Lalu Yadav may be down, but don't rule him out!

Lalu Yadav may be down, but don't rule him out!

Rediff.com30 Sep 2013

With Lalu Yadav's conviction in the fodder scam case, an alliance between the Congress and Nitish Kumar's Janata Dal-United should have been easier, but that may not be the case. Lalu and his militant Yadav clan will not make way for the two parties so easily, says Sheela Bhatt.

'Mamata creating hurdles in NIA probe into Burdwan blast'

'Mamata creating hurdles in NIA probe into Burdwan blast'

Rediff.com30 Nov 2014

Taking potshots at West Bengal Chief Minister Mamata Banerjee over the Saradha chit-fund scam and the Burdwan blast, Bharatiya Janata Party president Amit Shah on Sunday appealed to the people here to vote for change and development in the state.

Football Roundup: Spanish soccer federation head arrested

Football Roundup: Spanish soccer federation head arrested

Rediff.com18 Jul 2017

This and more from the happenings in the world of football.

Why this obsession with the fiscal deficit target?

Why this obsession with the fiscal deficit target?

Rediff.com23 Feb 2016

Don't waste the money on politically motivated social programmes.

To build a world class university in Noida

To build a world class university in Noida

Rediff.com29 Apr 2015

Shiv Nadar University is pulling out all stops to attract teaching talent from the US, but will it be enough?

Sheena case: Indrani schemer, manipulator, says secret witness

Sheena case: Indrani schemer, manipulator, says secret witness

Rediff.com29 Nov 2016

A special court on Tuesday opened the statement of 'secret witness' Ravina Raj Kohli, former president of Star News, from a sealed cover and handed it over to the defence lawyers.

Row erupts over Big B hosting NDA's 2nd anniversary event

Row erupts over Big B hosting NDA's 2nd anniversary event

Rediff.com25 May 2016

A row erupted on Wednesday over Amitabh Bachchan's participation in the second anniversary celebrations of the National Democratic Alliance government in New Delhi on May 28.

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.

Why realty sector gives nightmares to buyers

Why realty sector gives nightmares to buyers

Rediff.com22 Sep 2016

The trust deficit has widened with buyers losing confidence in a developer's ability to construct and deliver a project on time.

Making the northeast a business hub of South Asia

Making the northeast a business hub of South Asia

Rediff.com30 Nov 2014

For the region to realise its full potential, New Delhi needs to start looking at the land-locked northeast as an important starting point in India's 'Act East' policy, says Nitin Gokhale

World's biggest rogue traders

World's biggest rogue traders

Rediff.com30 Apr 2015

A common factor that binds all these men is greed.

Donkeys inspire me, they're loyal: PM

Donkeys inspire me, they're loyal: PM

Rediff.com24 Feb 2017

Responding to the donkey remarks made by Akhilesh, Modi said the criticism of donkeys by the UP CM only reflected his 'casteist mentality' and 'the feeling of hatred does not suit him'.

Homebuyers caught between banks and builders

Homebuyers caught between banks and builders

Rediff.com16 Sep 2017

N Sundaresha Subramanian, Karan Choudhury and Shreya Jai report on the sorry condition of homebuyers who invested in Jaypee Infratech and the Amrapali group's Noida-based projects.

'BJP will win 20 out of 25 Lok Sabha seats in north east'

'BJP will win 20 out of 25 Lok Sabha seats in north east'

Rediff.com12 Apr 2018

'I am hopeful of getting all six seats from Nagaland, Arunachal Pradesh and Manipur, either for the BJP or with our allies.' 'The same is true about Meghalaya.' 'We will have to work hard in Mizoram and in Tripura.' 'In Assam, we won seven seats. In 2019 election, we will add to this number.'

Malda decoded: What really happened?

Malda decoded: What really happened?

Rediff.com19 Jan 2016

India's Muslims need to assert their educational and economic upliftment and political empowerment rather than be provoked by communal remarks, says Mohammad Sajjad, reflecting on the Malda riot.

Why it is time to scrap NREGA

Why it is time to scrap NREGA

Rediff.com17 Oct 2014

'How many people have been skilled up and thus able to escape from needing to be in NREGA? The true success of NREGA would lie in its irrelevance -- that is, people no longer need it as a crutch.' 'NREGA should enable them to climb out of poverty and stand on their feet.' 'But this is expressly forbidden by NREGA rules. Skill development, which is what India needs more than anything else, appears to be outside the purview of NREGA,' points out Rajeev Srinivasan.

'Kashmir is a battle of the mind'

'Kashmir is a battle of the mind'

Rediff.com19 Apr 2017

'Tying somebody to the jeep is not the military way, but the officer was able to come out of the situation without any bloodshed.' 'I am not supporting him, but I am also not criticising him.' 'He had to use some mechanism to save the uniformed personnel, many of whom were Kashmiri boys of the J&K police,' points out Lieutenant General D B Shekatkar (retd), who was instrumental in the surrender of a record 1,267 terrorists in Kashmir.

'India is a great place to do business, come back. Jai Hind'

'India is a great place to do business, come back. Jai Hind'

Rediff.com13 Apr 2018

Businessman P C Mustafa wants Indian Americans to return home, Cognizant CEO Francisco D'Souza outlines how Indian tech companies could grow, Gaurav Dalmia has some investment recommendations while Subramanian Swamy warns that India is flirting with a debt trap.

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.

What I learnt from interning with a start-up

What I learnt from interning with a start-up

Rediff.com19 May 2016

The internship, with all its highs and lows, changed the way that I deal with life now.

How the super rich stash money abroad

How the super rich stash money abroad

Rediff.com21 Nov 2017

'Tax dodging through tax havens is one of the ways multinational corporations and the super-rich in India are using to evade taxes.'

Why India Inc is defensive when it comes to reporting frauds

Why India Inc is defensive when it comes to reporting frauds

Rediff.com2 Jun 2014

The onus is on companies to put in place a vigil mechanism to detect and deter fraud.

5,275 wilful defaulters (+ Mallya) owe banks Rs 56,621 crore

5,275 wilful defaulters (+ Mallya) owe banks Rs 56,621 crore

Rediff.com18 Mar 2016

India's five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza Textiles

Bihar's midday lunches: You may find cockroaches, lizards, rats, even snakes!

Bihar's midday lunches: You may find cockroaches, lizards, rats, even snakes!

Rediff.com30 Aug 2016

On Monday, August 29, a court in Saran, Bihar, sentenced the headmistress of the school where 23 children died after eating a mid-day meal to 17 years in prison. Three years after that tragedy, discovers Satyavrat Mishra, the state government has failed to learn its lessons.

Suit boot ki sarkar definitely better than suitcase ki sarkar: PM

Suit boot ki sarkar definitely better than suitcase ki sarkar: PM

Rediff.com30 May 2015

Prime Minister Narendra Modi, who recently completed one year in office, has, in an exclusive interview with Smita Prakash, editor, ANI, said the opposition alleging that his government is a "suit boot ki sarkar" is definitely better and more acceptable than being labelled a "suitcase" (ki sarkar), and satirically added, that after ruling for sixty years, the Congress has suddenly remembered the poor.

Visionary Budget but devil lies in the implementation

Visionary Budget but devil lies in the implementation

Rediff.com2 Mar 2015

The government has provided a long-term vision.

'Why will black money get purged?'

'Why will black money get purged?'

Rediff.com17 Nov 2016

'Even with the restrictions of depositing more than Rs 2.5 lakh in a bank, people will find new methods to convert this cash hoard into legal tender.'

Will we treat Uttarakhand as just another disaster?

Will we treat Uttarakhand as just another disaster?

Rediff.com24 Jun 2013

The horrific disaster that has struck Uttrakhand has been assessed as a mix of natural and man-made. In fact, the various media analyses indicate we were asking for it and there were enough warnings and indications that this would happen, says Lt Gen (retd) Prakash Katoch.

Oswal vs Oswal: Another murky business family feud

Oswal vs Oswal: Another murky business family feud

Rediff.com22 Apr 2016

This is the first time the fight is between mother and son. Both sides don't look in the mood to relent: Advisors and spin doctors have been hired, lawyers have been consulted.