News for 'trading scams'

Curtains down on MP poll campaign; 2,533 candidates in race for 230 seats

Curtains down on MP poll campaign; 2,533 candidates in race for 230 seats

Rediff.com16 Nov 2023

Electioneering ended in Madhya Pradesh at 6 pm except in Naxalites-hit districts of Balaghat, Mandla and Dindori, where campaigning drew to a close early at 3 pm.

Another Nirav Modi-like scam involving BJP's Mohit Kamboj surfaces

Another Nirav Modi-like scam involving BJP's Mohit Kamboj surfaces

Rediff.com18 Jun 2020

CBI has registered a case against general secretary of Mumbai BJP Mohit Kamboj, his jewellery manufacturing firm Avyaan Overseas, its directors, few mid-level bankers and others for alleged diversion of funds by availing fraudulent foreign bills negotiation limit and export packaging credit limit, issued by lender Bank of India between 2013 and 2018.

Trinamool leader's bail rejected, custody extended till Aug 24

Trinamool leader's bail rejected, custody extended till Aug 24

Rediff.com20 Aug 2022

A special CBI court in Asansol on Saturday rejected Trinamool Congress leader Anubrata Mondal's bail plea in the alleged cattle smuggling scam and extended his custody with the central agency for four days till August 24.

Canada: 'Students shouldn't be worried'

Canada: 'Students shouldn't be worried'

Rediff.com27 Sep 2023

'There is no reason to anticipate a drastic change in Canada's attitude towards Indian students.'

RBI bars banks from issuing LoUs in Nirav Modi scam fallout

RBI bars banks from issuing LoUs in Nirav Modi scam fallout

Rediff.com13 Mar 2018

The Reserve Bank of India also banned with immediate effect issuance of letters of comfort which, like LoUs, are used by importers to fund their overseas purchases.

Lessons from the Sharepro scam

Lessons from the Sharepro scam

Rediff.com30 Mar 2016

After every corporate announcement, check your demat and bank accounts for necessary credits.

Solar scam rocks Kerala assembly again

Solar scam rocks Kerala assembly again

Rediff.com8 Jul 2013

Targetting Chief Minister Oommen Chandy over the solar scam, Communist Party of India-Marxist-led Left Democratic Front opposition created an uproar in the Kerala assembly, which resumed its sitting on Monday after a fortnight's interlude.

'He may influence witnesses': HC denies bail to Sisodia

'He may influence witnesses': HC denies bail to Sisodia

Rediff.com30 May 2023

The CBI had arrested Sisodia for alleged corruption in the formulation and implementation of the now-scrapped Delhi Excise Policy 2021-22 following several rounds of questioning.

How UPA's gold import scheme provided fodder for PNB scam

How UPA's gold import scheme provided fodder for PNB scam

Rediff.com7 Mar 2018

The scheme, touted as a panacea to burgeoning CAD, was a huge flop that fostered a spike in smuggling and allowed several Gitanjali-like players to make a killing

The Huge Call Centre Scam

The Huge Call Centre Scam

Rediff.com20 Oct 2016

An industry of scamsters is operating in the guise of call centres in India.

Money laundering scam turns out murkier than expected

Money laundering scam turns out murkier than expected

Rediff.com28 Oct 2015

The banks used for the fraud include ING Vysya Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank, IndusInd Bank, Dhanlaxmi Bank, YES Bank and DCB Bank.

PNB scam + NPAs = Long-term bear market?

PNB scam + NPAs = Long-term bear market?

Rediff.com6 Mar 2018

'Retail investors have been selling since the Budget and Foreign Portfolio Investors started selling.' 'Thus far, domestic institutions have picked up the slack, buying enough to keep the major indices from falling off a cliff.' 'However, there has been carnage in smaller stocks and the financial sector has been hit much harder than the major market indices,' points out Devangshu Datta.

SEZs: BMS to mobilise workers against 'land scam'

SEZs: BMS to mobilise workers against 'land scam'

Rediff.com16 Jul 2007

India's largest central trade union, Bharatiya Mazdoor Sangh, said on Monday it will mobilise workers and public against Special economic zones by launching nation-wide protests from July 16 to 23.

It's BJP vs Congress as MP, Chhattisgarh vote

It's BJP vs Congress as MP, Chhattisgarh vote

Rediff.com17 Nov 2023

In both of these Hindi heartland states, the straight contest between the ruling Bharatiya Janata Party and the opposition Congress.

AAP generated crores of illegal funds through excise policy: ED

AAP generated crores of illegal funds through excise policy: ED

Rediff.com1 Dec 2022

AAP leader Vijay Nair, arrested in connection with alleged irregularities in the Delhi excise policy case, received Rs 100 crore in 'kickbacks' from the 'south group' controlled by some businessmen and politicians, the Enforcement Directorate (ED) has informed a local court.

Sebi, Mauritius ink pact over stock scam

Sebi, Mauritius ink pact over stock scam

Rediff.com12 Dec 2002

Market regulators of India and Mauritius inked a crucial agreement, on Thursday, for sharing of information on securities dealings, which would assist Sebi to dig deep into the securities scam of 2000-01 and prevent similar incidents in future.\n\n\n\n

Beginner's Guide To Investing In Stocks

Beginner's Guide To Investing In Stocks

Rediff.com23 May 2023

Here's how beginners can follow a very practical approach for finding stocks for long term investing and building a decent portfolio.

Top NSEL brass, executives failed in duty leading to scam: ED

Top NSEL brass, executives failed in duty leading to scam: ED

Rediff.com10 Aug 2014

The Rs 5,600-crore (Rs 56 billion) NSEL scam could have been averted had its top management and other functionaries "performed their duties and exercised due diligence" to check the dubious activities of defaulting firms which have been alleged to have cheated numerous investors, investigation by Enforcement Directorate (ED) has revealed.

Jhunjhunwala: The RARE big bull and unabashed wealth creator

Jhunjhunwala: The RARE big bull and unabashed wealth creator

Rediff.com14 Aug 2022

Stock market investments are always said to involve risks and people who made big fortunes often made headlines as scamsters, leading to Dalal Street always being looked at with suspicion, but Rakesh Jhunjhunwala was broadly an exception. Jhunjhunwala, a partner at RARE Enterprises, who rose to amass a $5.8 billion fortune and earn the tag of the country's biggest individual investor, leaves behind a relatively cleaner slate, as was seen in the most common description for him -- 'India's own Warren Buffett'. Unlike names like Harshad Mehta and Ketan Parekh, whose rise in fortunes in post-liberalised India was tainted with scam links, the newest 'Big Bull' in the more-regulated market had lesser baggage on this front.

Will Oppn attack on govt over Adani issue paralyse Parliament this week too?

Will Oppn attack on govt over Adani issue paralyse Parliament this week too?

Rediff.com5 Feb 2023

Congress general secretary (communications) Jairam Ramesh said they will pose three questions a day to Prime Minister Narendra Modi over the issue.

'One film out of X number of films works and...'

'One film out of X number of films works and...'

Rediff.com7 Aug 2023

'...you start running after the star.' 'If the star says yes to the film, the ecosystem supports it.' 'The biggest cog in the wheel of the ecosystem is the audience and we forget that.'

Excise case: Sisodia kingpin of conspiracy, CBI tells HC

Excise case: Sisodia kingpin of conspiracy, CBI tells HC

Rediff.com20 Apr 2023

The submissions were made by the CBI in a short written reply while opposing the senior Aam Aadmi Party leader's bail plea, which it said was devoid of any merit and was an attempt to misuse the intricacies of law to thwart the progress of investigation in the case.

How PM Modi Became Saint Modi

How PM Modi Became Saint Modi

Rediff.com27 Nov 2023

The transmogrification of Prime Minister Modi to Saint Modi began with the ground-breaking ceremony of the Ram temple in Ayodhya. By identifying himself with Lord Ram, Modi raised himself in popular imagination to a saintly person.

CBI files 3 fresh FIRs against Mehul Choksi in Rs 6,700-cr PNB fraud case

CBI files 3 fresh FIRs against Mehul Choksi in Rs 6,700-cr PNB fraud case

Rediff.com17 Dec 2022

The diamantaire's counsel said there is a vigilance manual circular that the consortium can lodge only one FIR. Each consortium member cannot lodge separate FIRs, he said.

Why 'Captain' Vijayakanth Won't Be Forgotten

Why 'Captain' Vijayakanth Won't Be Forgotten

Rediff.com28 Dec 2023

The Tamil film industry won't forget Vijayakanth's large-heartedness, how he took care of fellow industry persons, male or female, rich or poor, young or old...recalls N Sathiya Moorthy. How he sent money quietly for the family of a stunt artiste to meet his funeral expenses, how he always ensured that all female co-stars, including junior artistes, had secure accommodation on outdoor shoots, and how he would always the first to rush help if anyone from the fraternity was in distress.

Rahul, Mamata engage in war of words over Saradha scam

Rahul, Mamata engage in war of words over Saradha scam

Rediff.com19 Apr 2014

Barbs were on Saturday traded between Rahul Gandhi and Mamata Banerjee over the Saradha scam in West Bengal which defrauded lakhs, with the Congress vice-president accusing her government of inaction and the chief minister targeting P Chidamabaram.

Hinduja group chairman Srichand Parmanand Hinduja dies in London at 87

Hinduja group chairman Srichand Parmanand Hinduja dies in London at 87

Rediff.com17 May 2023

His business successes which started with the international distribution rights for the Bollywood blockbuster movie 'Sangam' in 1964 made him one of the richest in Britain but it was the Bofors scam that made Srichand Parmanand Hinduja famous, or rather infamous, back home. SP Hinduja, as he was known, died in London on Wednesday after a prolonged illness. He was 87, a family spokesperson said. Born in a business family in Karachi, British India, he and his two younger brothers were accused of receiving payments totalling Rs 64 crore in illegal commissions to help Swedish gunmaker AB Bofors secure an Indian government contract.

Bankers go into huddle to discuss PNB scam fallout

Bankers go into huddle to discuss PNB scam fallout

Rediff.com18 Feb 2018

The venue for Saturday's meeting was shifted at the last minute from the headquarters of the India Banks' Association in Cuffe Parade to avoid media glare.

Chopper scam: Budget session likely casualty as Centre, Congress trade charges

Chopper scam: Budget session likely casualty as Centre, Congress trade charges

Rediff.com28 Apr 2016

With an aggressive Opposition and unyielding government, important legislation could be the biggest casualty, as details of the helicopter contract surface.

PNB scam: CBI seeks details of nostro transactions from 5 banks

PNB scam: CBI seeks details of nostro transactions from 5 banks

Rediff.com26 Feb 2018

The agency on Monday questioned three general managers of the Punjab National Bank who have handled the -International Banking Division and Treasury department of the bank, officials said without revealing their identity.

10 Gangster Shows On OTT

10 Gangster Shows On OTT

Rediff.com10 Oct 2023

Deepa Gahlot lists 10 gangster thrillers on OTT for those who have the stomach for gaalis and gore.

What Went Wrong at Axis Mutual Fund

What Went Wrong at Axis Mutual Fund

Rediff.com24 May 2022

Following the money and freezing anything unaccounted is the only way to set an example for others, suggests Debashis Basu.

Mahindra Satyam shares to stop trading from July 4

Mahindra Satyam shares to stop trading from July 4

Rediff.com1 Jul 2013

The boards of Mahindra Satyam and Tech Mahindra last year proposed a swap ratio of 2:17. Mahindra Satyam shareholders will get two shares of Tech Mahindra of Rs 10 each for every 17 shares they hold.

This man 'topi pehnau-ed' India: Mahua Moitra on Adani row

This man 'topi pehnau-ed' India: Mahua Moitra on Adani row

Rediff.com8 Feb 2023

Moitra brought two birthday caps in the House to press her argument that the businessman being most talked about had "topi-pehnau-ed" the government.

After trading barbs, PM shares light moment with Akhilesh

After trading barbs, PM shares light moment with Akhilesh

Rediff.com19 Mar 2017

Akhilesh and his father Mulayam attended the swearing-in ceremony of Yogi Adityanath, a move that surprised one and all.

Can Abhishek pull off The Big Bull?

Can Abhishek pull off The Big Bull?

Rediff.com19 Mar 2021

Perhaps because it was a film meant for the theatres, The Big Bull has romance and songs, notes Moumita Bhattacharya.

NSE's Colo Case: Will CBI Do What Sebi Didn't?

NSE's Colo Case: Will CBI Do What Sebi Didn't?

Rediff.com9 May 2022

It is the biggest issue we have ever faced in the securities market, where a sensitive and systemically important institution and first-line regulator was not only exploited by unscrupulous elements but functioned like a private fief, points out Debashis Basu.

ED summons Mamata's nephew Abhishek again on March 29

ED summons Mamata's nephew Abhishek again on March 29

Rediff.com24 Mar 2022

The Enforcement Directorate has issued a fresh summons to Trinamool Congress member of Parliament Abhishek Banerjee, asking him to appear before it for questioning on March 29 in a money-laundering case linked to an alleged coal scam in West Bengal, officials said on Thursday.

India at 75: 18 biggest moments for Indian markets from 1947 to 1993

India at 75: 18 biggest moments for Indian markets from 1947 to 1993

Rediff.com12 Aug 2022

From the enactment of the capital control Act to the recognition of the BSE as a stock exchange and the infamous Harshad Mehta scam, here are the 18 biggest events for stock markets from 1947 to 1993.

TMC helping BJP in Meghalaya, charges Rahul, puts Oppn unity at risk

TMC helping BJP in Meghalaya, charges Rahul, puts Oppn unity at risk

Rediff.com22 Feb 2023

Amid opposition unity talks, Congress leader Rahul Gandhi on Wednesday attacked the Trinamool Congress, alleging that it was fighting elections in Meghalaya to ensure the Bharatiya Janata Party comes to power in the state, drawing a sharp reaction from the Mamata Banerjee-led party.