News for 'chit fund'

Mamata has no link with Ponzi scam: WB minister

Mamata has no link with Ponzi scam: WB minister

Rediff.com21 Apr 2013

Trinamool Congress Rajya Sabha MP Kunal Ghosh on Sunday said West Bengal Chief Minister Mamata Banerjee and her party had no link with the chit fund company Saradha Group, which has closed shop failing to repay hundreds of depositors' money.

MCA to rope in Google, BSNL for investors' awareness

MCA to rope in Google, BSNL for investors' awareness

Rediff.com19 Mar 2013

Through messages via the BSNL network, the ministry plans to spread awareness among the public and ask people not to invest in suspicious companies.

Saradha scam: Former Union minister Matang Sinh arrested, grilled

Saradha scam: Former Union minister Matang Sinh arrested, grilled

Rediff.com31 Jan 2015

He is the first former central minister to be apprehended by the agency in the case

Heal Your Body, Heal Your Soul

Heal Your Body, Heal Your Soul

Rediff.com20 Jun 2024

Early retirement is not just about money and calculators. It is more about rediscovering your passions, strengthening bonds, and living a life filled with purpose, connection, and lasting happiness. It's about reclaiming your life, explains Vatsal Ramaiya.

Kadak Singh Review: Requiem For The Moaner

Kadak Singh Review: Requiem For The Moaner

Rediff.com8 Dec 2023

ITo steer clear of sanctimonious newspaper stories all your life, and then be saddled with movies like Kadak Singh -- now there's a rotten bit of luck worth moaning about, sighs Sreehari Nair.

Saradha scam: CBI searches former Union Minister's residence

Saradha scam: CBI searches former Union Minister's residence

Rediff.com14 Aug 2014

There are four first information reports against Saradha Group in which it is alleged that thousands of investors were allegedly duped by the company officials and their associates who swindled their deposits.

No need for CBI probe in Saradha scam: Amicus Curae

No need for CBI probe in Saradha scam: Amicus Curae

Rediff.com11 Jun 2013

The Amicus Curae in the PILs seeking a Central Bureau of Invstigation's probe into the chit fund scam on Tuesday told the Calcutta high court that there was no need for one at this stage and that the state investigation agency be allowed to continue its investigations.

When SC suggested a CBI probe against CBI

When SC suggested a CBI probe against CBI

Rediff.com14 Sep 2015

There should be "a CBI probe against CBI", the Supreme Court remarked on Monday as it blamed the agency for its constant refrain about severe manpower deficit, saying it had itself shown apathy towards filling up these vacancies leading to a shortfall of investigators.

Saradha: Bengal seeks Prez's speedy assent to bill

Saradha: Bengal seeks Prez's speedy assent to bill

Rediff.com6 May 2013

The West Bengal Assembly had in a special session last week passed the West Bengal Protection of Interest of Depositors in Financial Establishment Bill, 2013, to protect investors in chit fund companies.

Assam minister denies links to Saradha, sends legal notice

Assam minister denies links to Saradha, sends legal notice

Rediff.com29 Apr 2013

A CBI team from New Delhi will arrive in Assam on Tuesday to initiate investigations into duping cases reported against chit fund companies in Assam, reports K Anurag

The depressing story of Saradha agents and investors

The depressing story of Saradha agents and investors

Rediff.com26 Apr 2013

A look into the lives of a few Saradha agents who are left in the lurch by Bengal's chit fund scam.

TMC questions Nalini Chidambaram's role in Saradha Group

TMC questions Nalini Chidambaram's role in Saradha Group

Rediff.com25 Apr 2013

On the back foot over the chit fund scam in West Bengal, Trinamool Congress on Thursday raised questions over the role of a senior Chennai-based lawyer who is married to a Congress union minister.

Why Mamata's image will never be the same again

Why Mamata's image will never be the same again

Rediff.com25 Apr 2013

With her simple cotton saree and hawai chappal, Mamata was always identified with the poorest of the poor Bengali. But this sudden burst of chit fund network of seemingly cheat companies has dragged her into the cesspool. Sheela Bhatt analyses.

Sudip Bandyopadhyay's CBI remand extended by 4 days

Sudip Bandyopadhyay's CBI remand extended by 4 days

Rediff.com10 Jan 2017

Another TMC MP Tapas Pal has been sent to judicial custody after six days in CBI custody.

'Sidelined' Mama joins Union govt after 4 terms as CM

'Sidelined' Mama joins Union govt after 4 terms as CM

Rediff.com9 Jun 2024

Proving wrong his detractors' claim of being sidelined after denial of chief minister's post for fifth time last year, Bharatiya Janata Party leader Shivraj Singh Chouhan won Madhya Pradesh's Vidisha Lok Sabha seat for the sixth time by a record margin of 8.21 lakh votes.

'White Paper' vs 'Black Paper': Govt, Cong fire salvos at each other

'White Paper' vs 'Black Paper': Govt, Cong fire salvos at each other

Rediff.com9 Feb 2024

A 'White Paper' versus 'Black Paper' battle erupted on Thursday as the Centre and the Congress unveiled documents and crossed swords over the handling of the Indian economy during the nearly 10 years of the BJP-led NDA rule and the previous 10-year tenure of the Congress-led UPA government.

Ponzi menace: Sebi to e-auction land, buildings of Bengal firm

Ponzi menace: Sebi to e-auction land, buildings of Bengal firm

Rediff.com5 Oct 2014

The bids have been invited by Sebi till October 27, while auction for the sale would take place on October 30

Why should the people of Bengal suffer lung cancer?

Why should the people of Bengal suffer lung cancer?

Rediff.com6 May 2013

Mamata Banerjee has announced a Rs 500 crore relief package to assuage those who lost their money to the Saradha chit fund. As West Bengal is dancing on the edge of bankruptcy, this money will be raised from taxes on tobacco. Having already seen their savings go up in smoke the people of West Bengal must now puff away whatever is left, says T V R Shenoy.

SFIO given time till Dec to complete Saradha scam probe

SFIO given time till Dec to complete Saradha scam probe

Rediff.com24 Sep 2013

A special task force of the SFIO recently submitted an interim report to the Corporate Affairs Ministry in this regard.

Mamata calls off 3-day-long dharna, claims victory

Mamata calls off 3-day-long dharna, claims victory

Rediff.com5 Feb 2019

Banerjee said she was doing so after consulting leaders of major opposition parties and following 'a favourable court order'.

Pawar is 'sargana' of corruption, Uddhav 'Aurangzeb fan club': Shah

Pawar is 'sargana' of corruption, Uddhav 'Aurangzeb fan club': Shah

Rediff.com21 Jul 2024

Shah also challenged the Congress to implement its Lok Sabha election promise of providing Rs 8500 monthly to women in states ruled by the party.

Electoral bonds will have to be redeemed within days: Jaitley

Electoral bonds will have to be redeemed within days: Jaitley

Rediff.com3 Feb 2017

He said the bearer bonds can be purchased by corporate donors and donated to political parties without revealing their identity.

Mamata vs CBI escalates into Opposition against Modi government

Mamata vs CBI escalates into Opposition against Modi government

Rediff.com4 Feb 2019

The chief minister skipped meals and remained awake the entire night on a makeshift dais along with some senior ministers and party members.

Modi can't lead the nation, he should step down: Mamata

Modi can't lead the nation, he should step down: Mamata

Rediff.com6 Jan 2017

It's high time the President intervened and saved the country, said Mamata.

TMC targets Amit Shah, says he is named in Sahara diary

TMC targets Amit Shah, says he is named in Sahara diary

Rediff.com1 Dec 2014

The Trinamool Congress and the Bharatiya Janata Party on Monday targetted each other in Parliament, leading to clashes and walkouts. The TMC displayed in both Lok Sabha and Rajya Sabha the copies of some red diary, allegedly recovered from Sahara group chief Subrata Roy, and claimed that it contained the name of a BJP leader.

2G scam: CBI gives clean chit to Anil Ambani

2G scam: CBI gives clean chit to Anil Ambani

Rediff.com2 Oct 2011

"The investigation did not not reveal any evidence either oral or documentary to inculpate Sh. Anil Ambani in the structuring of different companies and transfer of funds," the agency said in its status report submitted to the Supreme Court on September 29.

I-T gives clean chit to banned IPL players

I-T gives clean chit to banned IPL players

Rediff.com1 Jul 2012

The Income Tax department has given a clean chit to the five banned domestic cricketers, who were involved in the IPL spot-fixing fiasco, from any financial misconduct or receiving kickbacks in order to fix matches.

Trinamool suspends Rajya Sabha MP Kunal Ghosh

Trinamool suspends Rajya Sabha MP Kunal Ghosh

Rediff.com28 Sep 2013

Dissident Trinamool Congress Rajya Sabha MP Kunal Ghosh, whose name has cropped up in the Saradha chit fund scam and who was served a show-cause notice for speaking against party chief Mamata Banerjee, was suspended from the party on Saturday, while two other MPs who had also hit out at the leadeship were spared.

SC verdict on Adani 'extraordinarily generous': Cong

SC verdict on Adani 'extraordinarily generous': Cong

Rediff.com3 Jan 2024

The Congress on Wednesday said the Supreme Court judgment on certain matters relating to transactions by the Adani Group has proven to be 'extraordinarily generous' to Securities and Exchange Board of India (SEBI) and asserted that the party's fight against crony capitalism and its ill-effects on prices, employment and inequalities will continue.

Mamata Banerjee and the Politics of Impulsiveness

Mamata Banerjee and the Politics of Impulsiveness

Rediff.com20 Dec 2021

Hasty, ill-conceived steps show how isolated Mamata Banerjee had been from the national political trend. A fascinating excerpt from Sugato Hazra's Losing The Plot: Political Isolation Of West Bengal.

Bitter rivals Modi and Mamata all smiles at Pranab's dinner

Bitter rivals Modi and Mamata all smiles at Pranab's dinner

Rediff.com20 Dec 2014

A banquet hosted by President Pranab Mukherjee for a visiting foreign dignitary on Friday night provided the platform for Prime Minister Narendra Modi and his bitter political foe West Bengal chief minister Mamata Banerjee to meet and exchange pleasantries.

CBI is a 'department of PMO': Mamata

CBI is a 'department of PMO': Mamata

Rediff.com18 Dec 2014

Pulling no punches in her attack against the Bharatiya Janata Party for allegedly pursuing 'political vendetta' against the Trinamool Congress, West Bengal Chief Minister Mamata Banerjee on Thursday charged that the Central Bureau of Investigation was being used as a 'political tool' by the National Democratic Alliance government and was functioning as 'a department of the Prime Minister's Office'.

Ponzi schemes: Lawmakers quiz regulators, ministry officials

Ponzi schemes: Lawmakers quiz regulators, ministry officials

Rediff.com18 Sep 2014

The Parliamentary Standing Committee on Finance's meeting comes against the backdrop of CBI probing the Saradha scam in which thousands of crores or rupees of gullible investors were allegedly swindled.

Saradha probe suggests Rs 2,500 cr-scam just tip of iceberg

Saradha probe suggests Rs 2,500 cr-scam just tip of iceberg

Rediff.com16 Nov 2014

As a multi-agency probe continues in Saradha scam, findings of one official investigation suggests that the group floated at least 279 companies to channelise money collected from gullible investors as part of a vast 'ponzi' network.

Ex-Kolkata top cop seeks SC's protection from arrest

Ex-Kolkata top cop seeks SC's protection from arrest

Rediff.com20 May 2019

Kumar's lawyer mentioned the matter for urgent listing before a vacation bench comprising Justices Indira Banerjee and Sanjiv Khanna.

64 witnesses examined by CBI in Saradha scam: Govt

64 witnesses examined by CBI in Saradha scam: Govt

Rediff.com23 Jul 2014

In a written reply, Minister of State for Personnel Jitendra Singh said three cases in West Bengal and one case in Odisha have been registered by CBI.

CBI summons ex-Kolkata police chief on Monday

CBI summons ex-Kolkata police chief on Monday

Rediff.com26 May 2019

All airports and immigration authorities have been alerted by the CBI this week to prevent him from leaving the country and intimate the agency on any possible move, they said.

Review: Dharmadurai is an enjoyable family drama

Review: Dharmadurai is an enjoyable family drama

Rediff.com20 Aug 2016

An engaging screenplay, stunning music, wonderful performances and the perfect rural ambiance make Dharmaduraia fun watch.

The Mystery of ZEE and DIIs

The Mystery of ZEE and DIIs

Rediff.com6 Feb 2024

Why are DIIs holding such a high stake in Zee, which is beset with alleged governance issues? Perhaps they think Zee is a deep-value stock, observes Debashis Basu.

Ponzi scam: ED to file chargesheet in Rose Valley case

Ponzi scam: ED to file chargesheet in Rose Valley case

Rediff.com31 Mar 2015

ED had arrested group chairman Gautam Kundu on March 25.