News for 'siphoning'

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.

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.

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.

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

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.

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.

'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.

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.

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.

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.

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.

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.'

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.

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.

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.

Fed begins policy exit talks, split on view of US job market

Fed begins policy exit talks, split on view of US job market

Rediff.com22 May 2014

The next policy meeting will be in mid-June, when the panel will be joined by Stanley Fischer, the former Bank of Israel governor whose nomination to the Fed's board was confirmed on Wednesday by the US Senate.

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.

War on black money is only half-won

War on black money is only half-won

Rediff.com31 May 2017

Against estimates of black wealth of Rs 300 lakh crore and black money in cash of Rs 3 lakh crore by economist Arun Kumar, the PMGKY numbers fall short by a huge margin.

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.

The invisible men and women of Aadhaar

The invisible men and women of Aadhaar

Rediff.com1 Aug 2017

It was supposed to be a panacea against corruption, leakage and a magic wand for financial inclusion. But everywhere you look are people who enrolled, only to fall through the cracks again.

'Kejriwal can't handle being CM, dreams of being PM'

'Kejriwal can't handle being CM, dreams of being PM'

Rediff.com3 Feb 2016

'Delhi is regretting its decision of electing Arvind Kejriwal.'

'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.

The silent giant of the stock market

The silent giant of the stock market

Rediff.com5 Apr 2017

The stocks Radhakishan Damani enters or exits are closely watched by fund managers, says Joydeep Ghosh.

Heat on RBI, banks to reveal defaulters

Heat on RBI, banks to reveal defaulters

Rediff.com17 Dec 2015

The appeals came against orders of the Central Information Commissioner in various cases.

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.

What makes Mallya a 'wilful defaulter'?

What makes Mallya a 'wilful defaulter'?

Rediff.com3 Sep 2014

Such classfication brings with a high cost, including closing of formal credit channels, and likely criminal proceedings.

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.

50 Congressmen called to congratulate me: Natwar

50 Congressmen called to congratulate me: Natwar

Rediff.com1 Aug 2014

Natwar Singh, former Congress leader, on Friday said that the strong reaction from Sonia Gandhi to his new book, proves that it has touched a "raw nerve" and something has "upset" her so much that she came out.

Winners of Wildlife Photographer of the Year 2018 revealed

Winners of Wildlife Photographer of the Year 2018 revealed

Rediff.com17 Oct 2018

A close-up of a leopard, little owlets hiding inside a pipe and a gorilla mother mourning the loss of her baby are just a few of animals featured in the photos that have won this year's Wildlife Photographer of the Year. Wildlife Photographer of the Year is the most prestigious photography event of its kind, providing a global platform that showcases the natural world's most astonishing sights.

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.

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.

US works on Syria attack plan, releases videos of chemical attack

US works on Syria attack plan, releases videos of chemical attack

Rediff.com8 Sep 2013

A United States Senate Intelligence Panel has released 13 videos showing images of the chemical attack in Syria allegedly carried out by President Bashar al-Assad's regime, as the White House pressed its case for military action in the strife-torn country.

India, US to work together to combat terror funding

India, US to work together to combat terror funding

Rediff.com12 Feb 2015

To combat terror financing, India and the US committed to work together to check illicit money transfers.

Why the markets should celebrate Kejriwal's victory

Why the markets should celebrate Kejriwal's victory

Rediff.com10 Feb 2015

Aam Aadmi Party will impact companies directly connected to Delhi.

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.

Satyam scar lingers even after 7 years

Satyam scar lingers even after 7 years

Rediff.com8 Jan 2016

Satyam's employees had to undergo mental trauma, job uncertainty and financial problems, after many were forced to leave.

'My brother told us about BJP MP's role'

'My brother told us about BJP MP's role'

Rediff.com18 Jun 2018

'The CM was in Gorakhpur when this attempt to murder took place on my brother.' 'I waited for two days to see what action the police takes, but after 48 hours, the police has not even questioned Paswan.'