Cheque

  • 37 Indian suicides in six UAE emirates in 2014 July 18, 2014

    Dubai: At least 37 Indian nationals committed suicide in six of the seven emirates of the UAE in the first half of 2014, latest figures from the Indian consulate in Dubai show. These suicides were reported from Dubai and the Northern Emirates comprising Sharjah, Ajman, Fujairah, Umm al-Quuwain and Ras al-Khaimah....
  • Minors over 10 years can operate bank accounts: RBI May 6, 2014

    New Delhi: Minors above 10 years of age can open and operate independently savings bank account and use other facilities like ATM and cheque books. The Reserve Bank on Tuesday issued the guidelines allowing minors to operate bank accounts independently with a view to promote financial inclusion and bring uniformity...
  • Mumbai: HC refuses to quash cheque bouncing case against Preity Zinta January 21, 2014

    Mumbai: In a setback to actress Preity Zinta, the Bombay High Court on Tuesday refused to quash proceedings against her in a cheque bounce case filed by scriptwriter Abbas Tyrewala in a magistrate's court, asking her to face trial. Justice Sadhana Jadhav, hearing Zinta's plea, held that High Court would not...
  • Why Twitter's senior VP engineering gets paid more than the CTO, CFO, COO October 14, 2013

    San Francisco: Among Twitter Inc's highest-paid executives, Christopher Fry's name stands out. The senior vice president of engineering raked in $10.3 million last year, just behind Twitter Chief Executive Dick Costolo's $11.5 million, according to Twitter's IPO documents. That is more than the pay cheques of executives such as Chief Technology...
  • U'khand govt refutes cheque bounce charge September 24, 2013

    Uttarakhand government, on Tuesday, refuted reports that cheques distributed as compensation to flood victims in the state had bounced, saying no such case has surfaced so far. An official release quoting Disaster Management Secretary Bhaskaranand  said cheques distributed as compensation to calamity victims had not bounced as reported in a section...
  • Non-bailable warrant against Preity Zinta over bounced cheque September 12, 2013

    Mumbai: A non-bailable warrant has been issued against actor Preity Zinta. Scriptwriter Abbas Tyrewala had filed a complaint after a cheque issued by the actress for Rs 18 lakh bounced. She had been asked to appear before the court four times but failed to appear. Preity Zinta was last seen in...
  • Cheques issued under welfare schemes by UP government bouncing September 5, 2013

    Lucknow: Uttar Pradesh Chief Minister Akhilesh Yadav government's welfare schemes are in shambles. Several cheques issued by the Akhilesh Yadav government to the beneficiaries of different welfare schemes have bounced causing acute embarrassment to the state officials. Many cheques issued under the Kanya Vidyadhan Yojna for girl students who have passed...
  • The Robert Vadra land deal explainer August 21, 2013

    CNN-IBN has accessed documents that reveal that Congress President Sonia Gandhi's son-in-law Robert Vadra bought land from Omkareshwar properties using a 'fictitious' cheque. Documents accessed by CNN-IBN show IAS officer Ashok Khemka claimed in his response to a Haryana government inquiry report that Vadra, through his firm Skylight Hospitality, bought...
  • Music director gets bail in five-year old cheque bouncing case August 8, 2013

    A local court on Wednesday freed noted music director Shrawan on bail in a five-year old cheque bouncing case. The music director's advocate Anshuman Shrivastava told reporters that judicial magistrate Ajay Pendam had released his client on a bail of Rs 20,000. The advocate said the court had issued a non-bailable...
  • Rs 2 cheques: Crop damage compensation for farmers in Haryana July 25, 2013

    New Delhi: In a shocker in Haryana, the state government has handed out compensation cheques for as little as Rs 2 to farmers for crops damaged in 2011. Farmers are refusing to encash the cheques saying it will cost them at least Rs 1,000 to open an account and deposit...
  • RBI extends deadline for issuance of new format cheques March 18, 2013

    Mumbai: The RBI on Monday asked banks to issue new cheque books only under the new format and gave them time till July-end to withdraw the old format cheques. All cheques currently with customers in the old format (non-Cheque Truncation System) will continue to be valid for another four months...
  • NBFCs to migrate to new cheques by March 13 December 23, 2012

    New Delhi: Borrowers from NBFCs have now time till March 31 to replace their old system bank cheques with new ones with added security features for their EMI payments, as RBI has extended the deadline in this regard for non-banking finance companies. In a circular RBI said that it has...
  • Warrant against KFA, Vijay Mallya on GMR's complaint October 12, 2012

    Hyderabad: A court in Hyderabad on Friday issued a non-bailable warrant against Kingfisher Airlines and its Chairman Vijay Mallya in a case of cheques bouncing filed by GMR Hyderabad International Airport Ltd (GHIAL). The case pertains to bouncing of cheques worth more than Rs 10 crore issued by Kingfisher Airlines...
  • Kingfisher cheques bounced; GHIAL moves court August 28, 2012

    Hyderabad: GMR Hyderabad International Airport Ltd (GHIAL), which manages Rajiv Gandhi International Airport in Hyderabad, has filed a petition in a local court against Kingfisher Airlines for dishonouring cheques. A case has been filed against Vijay Mallya-owned Kingfisher Airlines in Nampally criminal courts in Hyderabad for dishonouring cheques worth Rs 10.3...
  • Gopal Kanda let off in cheque-bounce case August 27, 2012

    New Delhi: A Delhi court on Monday let off Haryana's former minister Gopal Goyal Kanda, an accused in Geetika Sharma's suicide, and his brother in a 1998 cheque-bounce case. Metropolitan Magistrate Vikrant Vaid acquitted Gopal Goyal Kanda and his brother Govind Kanda after they settled the dispute with the complainant. Two cheques...
  • Mumbai: Dear Mr Azmi, this cheque will bounce August 23, 2012

    Mumbai: Find Bangladeshis, get Rs 2 crore. That was Samajwadi Party (SP) leader Abu Asim Azmi’s singular challenge to Maharashtra Navnirman Sena (MNS) chief Raj Thackeray on Wednesday. While blaming ‘illegal immigrants’ to the city for the August 11 violence at Azad Maidan, Raj had alleged during his rally on...
  • Kingfisher in legal trouble over bounced cheques July 23, 2012

    Mumbai: Mumbai International Airport on Monday took the Kingfisher Airlines to court over the bounced cheque issue. A notice was filed under section 138 of Negotial Instruments Act in a criminal court in Andheri. The court has issued summons to the Kingfisher Airlines' top management over dishonour of the cheques worth...
  • Now, cheques and drafts to be valid for 3 months March 23, 2012

    New Delhi: Come April 1 and cheques and bank drafts will be valid only for three months, a development that the Reserve Bank of India (RBI) thinks will help mitigate frauds related to such instruments. The RBI has directed that with effect from April 1, 2012, banks should not make payments...
  • Warrant against Azhar in cheque bounce case February 19, 2012

    New Delhi: A Delhi court on Friday issued a non-bailable warrant against Congress MP and former cricketer Mohammad Azharuddin for his repeated failure to appear before it in connection with a cheque bounce case. Metropolitan Magistrate (MM) Vikrant Vaid issued the warrant against former captain of the Indian cricket team for...
  • Will get money, channel in touch: KBC winner December 13, 2011

    New Delhi: KBC winner Sushil Kumar Tuesday denied reports that he had complained about not getting his Rs.5 crore prize money, saying Sony officials were constantly in touch with him and he had complete faith that he would get it. "I have never said that I haven't got a single penny...
  • MS Dhoni's bank a/c doesn't have even Rs 645 June 25, 2011

    Ranchi: A cheque from Indian Cricket captain Mahendra Singh Dhoni, one of the country's richest sportstars, has bounced, and that too for a payment of Rs 645. The cheque, dated March 15, 2011, was paid to the Ranchi Municipal Corporation. Dhoni had issued the cheque to pay taxes on an apartment...
  • Huge pay cheques are back at IIMs November 17, 2010

    Students of the IIMs are a happy lot receiving summer internships that have been the best after the slowdown. ...
  • Big internship pay packets for IIMs November 17, 2010

    Kolkata: It's raining jobs at IIM campuses across the country - big banks are back for summer placements and hedge funds have made their debut. Students of the IIMs are a happy lot receiving summer internships that have been the best after the slowdown. Now they hope that this trend continues...
  • Forbes India: Travellers cheques check out! December 15, 2009

    Travellers cheques (TCs) date back to the end of the 19th century with American Express and Thomas Cook as the first issuers. Thomas Cook had issued a precursor to the TC, Cook's Circular Note, in 1874 in New York. But the world's first traveller's cheque was issued by American Express...
  • Mukesh Ambani's salary swells to Rs 44 cr May 19, 2008

    New Delhi: Top business house Reliance Industries has given its chief Mukesh Ambani, the country's richest person and presumably top-paid executive, a hefty pay hike of about 45 per cent to take his annual remuneration to over $10 million. Mukesh Ambani, chairman and managing director of Reliance Industries, got a total...
  • Sridevi in dock as her cheques worth Rs 9.6 cr bounce April 23, 2008

    New Delhi: Bollywood actress Sridevi faces legal trouble as a Mumbai-based financier Wednesday moved the Supreme Court seeking her trial after her cheques worth Rs 9.6 crore allegedly bounced. Financer Madhu Gupta, the proprietress of Mumbai-based Photo Films Industries, moved the apex court challenging a Bombay High Court order, which had...
  • Govt gives Vidarbha farmers Rs 13 as compensation January 9, 2008

    Buldhana (Maharashtra): Ramesh Kakade is among the close to 100 farmers in Buldhana district in the Vidarbha region of Maharashtra who are struggling after their yield was destroyed by wild animals two year ago. But he was hopeful that after the Government surveys were conducted to assess the loss, he...
  • Todis offered us blank cheque: Rizwanur's brother October 25, 2007

    Kolkata: The family Rizwanur Rahman on Thursday claimed that the brother of industrialist Ashok Todi had offered them money to end the late computer graphics teacher's marriage with Priyanka, but they refused to accept it. These claims came hours after the CBI checked the bank accounts of the family. The Todis...
  • Are banks eating away crores of rupees of interest? August 30, 2007

    New Delhi: Did you know that in most probability your bank is eating away the interest that you deserve? And it’s done by clearing your cheque late. That’s the claim of an advocate in Delhi. Deposit a cheque with your bank today. But expect it to be encashed after 2 to...
  • Rs 10,000-cheque from PM Relief Fund bounces July 8, 2007

    Yavatmal (Maharashtra): Twenty-six-year old Vandana Shende's husband was another victim to the suicide web that cotton farming in this region brings along. Since then, she has been running from pillar to post to secure money from the Prime Minister's Relief fund that comes with every suicide here. And finally when she got...