News for 'siphoning'

'It unfortunately became a feud between brothers'

'It unfortunately became a feud between brothers'

Rediff.com27 Sep 2018

'... And I don't think it really is that despite a lot going wrong.' 'Naiveté or stupidity or trusting the wrong person, the outcome is the same, which is that the group has gone to trash.' 'I'm not OK with people saying I had a role to play in crooking the system, which is not what I did.'

Why India's EVMs are best in world

Why India's EVMs are best in world

Rediff.com26 Mar 2017

Till date, 107 elections to states and three parliamentary polls have been smoothly conducted using the EVMs.

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.

Experienced the magic of a book club?

Experienced the magic of a book club?

Rediff.com21 Jul 2017

A common interest in literature often leads to new bonds with people you'd never otherwise meet.

Stringent guidelines for wilful defaulters on the cards

Stringent guidelines for wilful defaulters on the cards

Rediff.com28 Jun 2014

The Union finance ministry is planning to make rules regarding wilful defaulters more stringent, so that criminal charges can be pressed against such entities.

I want to finish terror, Oppn wants to finish me: Modi in Patna

I want to finish terror, Oppn wants to finish me: Modi in Patna

Rediff.com3 Mar 2019

The statements made by the opposition parties after the preemptive air strike on terror camps have made only people of Pakistan happy, he claimed.

22 cows die in Chhattisgarh shelter home; Jogi alleges cover-up, orders probe

22 cows die in Chhattisgarh shelter home; Jogi alleges cover-up, orders probe

Rediff.com14 Aug 2016

The incident comes close on the heels of a similar case where 100 cows died in state-run Hingonia cow shelter due to "mismanagement and lack of facilities".

It's time for companies to come clean

It's time for companies to come clean

Rediff.com18 May 2015

Penalties for undisclosed foreign income and assets extend up to 300%.

Sebi complaints: Satyam's Raju, others appear in court

Sebi complaints: Satyam's Raju, others appear in court

Rediff.com13 Nov 2014

The court directed Raju, the prime accused in Satyam scam, and others to furnish personal bond of Rs 20,000 each and sureties of the like amount on or before December 22 and posted the matter to the same date.

'Humiliated' Sena won't attend swearing-in, but defends lavish ceremony

'Humiliated' Sena won't attend swearing-in, but defends lavish ceremony

Rediff.com31 Oct 2014

Devendra Fadnavis will on Friday take oath as the 27th chief minister of maharashtra and the first from BJP in the state, at a grand function which Shiv Sena has decided to boycott because of "constant humiliation".

Tough legal battle lies ahead for USL, Mallya

Tough legal battle lies ahead for USL, Mallya

Rediff.com12 Jul 2016

USL board said its second forensic audit by EY has revealed fund diversion worth Rs 1,225 cr to Mallya companies.

Can Modi get rid of corruption in public sector banks?

Can Modi get rid of corruption in public sector banks?

Rediff.com20 Oct 2014

Public sector banks are inefficient, poorly governed and beset by largescale corruption.

'No policy to encourage household saving in Budget'

'No policy to encourage household saving in Budget'

Rediff.com18 Jul 2019

'The household sector, which is still the largest contributor of financial savings, has been experiencing a decline in the last six years, and it has fallen below 8% of GDP.'

Regulating unlisted firms: More teeth for Sebi, but...

Regulating unlisted firms: More teeth for Sebi, but...

Rediff.com27 Nov 2017

Specific sections of the Companies Act need to be amended to empower Sebi to regulate or take penal action against an unlisted entity and its promoters for violating the insider trading and other securities norms.

Review: Su Su Sudhi Vathmeekam is brilliant

Review: Su Su Sudhi Vathmeekam is brilliant

Rediff.com21 Nov 2015

SuSu Sudhi Vathmeekam handles the subject of physical limitations judiciously without trying to manipulate a viewer's emotions, writes Paresh C Palicha.

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.

Adani's Aussie coal project runs into rough weather

Adani's Aussie coal project runs into rough weather

Rediff.com11 Feb 2015

The Greens are calling for an urgent investigation.

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.

Banks chase borrowers big time in 2014, but to recover loans

Banks chase borrowers big time in 2014, but to recover loans

Rediff.com30 Dec 2014

Banks had a tough time in recovering loans from corporates in 2014.

Traders allegedly over-invoicing jewellery from Hong Kong

Traders allegedly over-invoicing jewellery from Hong Kong

Rediff.com19 Dec 2013

Import of jewellery from Hong Kong attracts no duty in India, due to a free trade agreement.

'21 Indian cities will have zero tap water'

'21 Indian cities will have zero tap water'

Rediff.com18 Jun 2019

'If the government does not take any action soon, 21 cities of India will become like Cape Town, with no water.' 'Four cities -- Delhi, Gurgaon, Meerut and Faridabad -- will suffer the worst.'

Revealed! 'RBI list of top 10 defaulters'

Revealed! 'RBI list of top 10 defaulters'

Rediff.com27 Apr 2016

Loans to wilful defaults are said to be a little over Rs 1 lakh crore.

Facebook's Zuckerberg breaks silence on data breach, admits to mistakes

Facebook's Zuckerberg breaks silence on data breach, admits to mistakes

Rediff.com22 Mar 2018

The social media giant's CEO announced that it will change how it shares data with third-party apps.

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.

Banking sector frauds have gone up by over 10%: Deloitte

Banking sector frauds have gone up by over 10%: Deloitte

Rediff.com23 Apr 2015

The survey was based on the survey of 44 banks.

JD-U MP's 'LTC scam': CBI approaches RS secretariat for papers

JD-U MP's 'LTC scam': CBI approaches RS secretariat for papers

Rediff.com4 Nov 2013

The Central Bureau of Invesigation on Monday approached the Rajya Sabha secretariat seeking documents related to fake travel bills allegedly submitted by a Janata Dal-United MP against whom a case has been registered for making such claims.

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.

NSA unlawfully gathered emails of Americans

NSA unlawfully gathered emails of Americans

Rediff.com22 Aug 2013

The United States National Security Agency illegally intercepted thousands of e-mails from Americans with no connection to terrorism and misled the court about the scope of what it was doing, according to latest declassified documents.

UBI may declare UB Holdings a wilful defaulter

UBI may declare UB Holdings a wilful defaulter

Rediff.com10 Sep 2014

Sources said a few other lenders were also contemplating a move to declare both Kingfisher Airlines and UBHL wilful defaulters.

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.

How Malvinder and Shivinder Singh destroyed the legacy they inherited

How Malvinder and Shivinder Singh destroyed the legacy they inherited

Rediff.com27 Mar 2018

Over-expansion, bad management, and multiple allegations irreparably taint Malvinder and Shivinder Singh

Collusive corruption a formidable challenge: CBI director

Collusive corruption a formidable challenge: CBI director

Rediff.com10 Feb 2014

Central Bureau of Investigation Director Ranjit Sinha on Monday said "collusive corruption" in which there is a willing bribe-giver is emerging as a "formidable" challenge for institutions fighting corruption.

'Leonard Cohen's music will last many lifetimes'

'Leonard Cohen's music will last many lifetimes'

Rediff.com8 Dec 2016

Ratnesh Mathur remains a crucial link in learning about the legendary singer-songwriter Leonard Cohen's India years, even assisting in research for a definitive biography by Sylvie Simmons, says Ranjita Ganesan.

Kejriwal, 5 others gave false statements against me, Jaitley tells court

Kejriwal, 5 others gave false statements against me, Jaitley tells court

Rediff.com5 Jan 2016

Finance Minister Arun Jaitley recorded his statement in a criminal defamation complaint filed against Arvind Kejriwal and other AAP leaders, accusing them of making false statements against him.

HC asks Kejriwal, AAP leaders to respond in defamation case

HC asks Kejriwal, AAP leaders to respond in defamation case

Rediff.com22 Dec 2015

The court also asked Kejriwal and other leaders of his party to file original documents related to the allegations levelled in the suit against them in one week.

Bank liable for fraudulent ATM withdrawal

Bank liable for fraudulent ATM withdrawal

Rediff.com1 Dec 2014

At times, banks violate all banking norms, resulting in a customer's accounts wiped clean through illegal ATM withdrawals.

Mallya accuses CBI, ED of holding him guilty without trial

Mallya accuses CBI, ED of holding him guilty without trial

Rediff.com13 Jun 2016

'Civil matters like loan recovery are being connected with criminal allegations, without any basis.'

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.

Shell companies feel the heat as govt banks on AI to nab them

Shell companies feel the heat as govt banks on AI to nab them

Rediff.com26 Sep 2017

P P Chaudhary the newly-appointed minister of state for corporate affairs, is monitoring and coordinating actions against shell companies.

ED to ask depositories to freeze shares owned by Vijay Mallya

ED to ask depositories to freeze shares owned by Vijay Mallya

Rediff.com11 May 2016

The enforcement agency is looking to ensure that no big deals or transactions, such as the one Mallya struck with Diageo for Rs 500 crore, take place.