News for 'chit fund'

Mamata's 'Satyagraha' continues for 3rd day

Mamata's 'Satyagraha' continues for 3rd day

Rediff.com5 Feb 2019

The West Bengal chief minister has described her protest as a non-political one and welcomed all anti-BJP parties into it.

Adani Stocks: What Price Rigging?

Adani Stocks: What Price Rigging?

Rediff.com29 May 2023

The Adani stock price saga will pass into public memory as one of those matters that simply escaped being nailed down, perhaps because too many vested interests were involved, notes Debashis Basu.

Saradha scam: Nalini Chidambaram examined by CBI

Saradha scam: Nalini Chidambaram examined by CBI

Rediff.com21 Sep 2014

Nalini Chidamabaram, wife of former Finance Minister P Chidambaram, has been examined by CBI in conection with the alleged multi-crore Saradha chit fund scam.

Saradha scam: Matang Sinh sent to police custody for 5 days

Saradha scam: Matang Sinh sent to police custody for 5 days

Rediff.com7 Feb 2015

The former union minister has been remanded to custody for 5 days.

Over 34,000 unregistered NBFCs under RBI scanner

Over 34,000 unregistered NBFCs under RBI scanner

Rediff.com12 Aug 2014

The Ministry of Corporate Affairs had taken various steps to protect small investors.

ED arrests Jharkhand mining secretary Pooja Singhal

ED arrests Jharkhand mining secretary Pooja Singhal

Rediff.com11 May 2022

Sources claimed that Singhal was "evasive" in her replies and hence was arrested.

Saradha scam: Trinamool MP arrested, CBI interrogates two other lawmakers

Saradha scam: Trinamool MP arrested, CBI interrogates two other lawmakers

Rediff.com21 Nov 2014

Trinamool Congress Rajya Sabha MP Srinjoy Bose was on Friday arrested by the Central Bureau of Investigation after a marathon interrogation for five hours for his alleged involvement in the multi-crore Saradha chit fund scam.

164 ponzi companies vanished after raising public money: Jaitley

164 ponzi companies vanished after raising public money: Jaitley

Rediff.com11 Mar 2016

Jaitley also said that several states have framed laws to deal with ponzi scheme-related cases

Day after MP's arrest, TMC workers protest outside Babul Supriyo's house, stage rail-roko

Day after MP's arrest, TMC workers protest outside Babul Supriyo's house, stage rail-roko

Rediff.com5 Jan 2017

In New Delhi, Trinamool Congress MPs took out a protest march towards the PM's residence but were taken into police custody en route.

Saradha scam: Ex-Kolkata police chief fails to appear before CBI

Saradha scam: Ex-Kolkata police chief fails to appear before CBI

Rediff.com27 May 2019

Kumar sought seven days time, citing personal reasons, to appear before CBI officers in connection with the case.

Bandhan CMD: 'We have 28 million MSMEs to who we can lend'

Bandhan CMD: 'We have 28 million MSMEs to who we can lend'

Rediff.com19 Jun 2015

'If 99.99 per cent of these micro borrowers are good at repaying their loans, why can't we look at the SMEs and MSMEs and replicate the same model for them with our stringent risk management system,' Chandra Shekhar Ghosh, chairman and managing director of India's newest private sector bank, tells Prasanna D Zore/Rediff.com.

Trinamool MP may have been involved in other activities: Police

Trinamool MP may have been involved in other activities: Police

Rediff.com27 Nov 2013

Arrested Trinamool Congress Member of Parliament Kunal Ghosh was involved in activities of the Saradha Group other than those commensurate with his position as the media CEO of the chit fund company as per fresh evidences that have emerged, the police said on Wednesday.

Appeasement politics boomeranged on Mamata

Appeasement politics boomeranged on Mamata

Rediff.com27 May 2019

'A hugely dangerous game which she thought she had mastered has now found a stronger opponent,' points out Payal Mohanka.

Noose tightens around ponzi scheme operators

Noose tightens around ponzi scheme operators

Rediff.com9 May 2019

The move is aimed at protecting investors from parking their money in dubious schemes.

Pune's 'gold shirt' man beaten to death in front of son

Pune's 'gold shirt' man beaten to death in front of son

Rediff.com15 Jul 2016

Datta Phuge become the talk of the town after he presented himself a 'gold shirt' weighing about 3.5 kg and worth Rs 1.27 crore in 2012.

Saradha gone but website remains

Saradha gone but website remains

Rediff.com2 Dec 2014

The website has the address and contact numbers and email IDs of 69 branch offices of Saradha Group spread across West Bengal, Tripura, Odisha, Assam and New Delhi.

'I don't think I will die so fast'

'I don't think I will die so fast'

Rediff.com16 Nov 2023

'My wife, family members as well as members of the workers will be trustees.' 'The trust will take all decisions -- no family member can individually take any decision.'

Saradha scam: CBI to quiz Suvaprasanna

Saradha scam: CBI to quiz Suvaprasanna

Rediff.com7 Oct 2014

The deal in question is the sale of Devkripa Vyapar Pvt Ltd, the holding company of Akhon Samay, a news channel that never went of air.

TMC MPs protest outside PMO, rounded up

TMC MPs protest outside PMO, rounded up

Rediff.com5 Jan 2017

The MPs went right up to the entrance of South Block, but were stopped at the first check point.

More trouble for Mallya as SFIO probes Kingfisher Airlines

More trouble for Mallya as SFIO probes Kingfisher Airlines

Rediff.com8 Mar 2016

The agency is looking at alleged "diversion of funds and financial reporting frauds".

'I have never done one wrong thing in my life'

'I have never done one wrong thing in my life'

Rediff.com16 Nov 2023

Excerpted from Sahara: The Untold Story by Tamal Bandyopadhyay.

FDI inflows seen to grow further in the New Year

FDI inflows seen to grow further in the New Year

Rediff.com21 Dec 2021

A series of steps taken by the government to promote ease of doing business and liberalisation of foreign direct investment norms have helped India receive record FDI inflows so far this year, and implementation of measures like PM Gati Shakti, single window clearance and GIS-mapped land bank are expected to further push investments in 2022. Notwithstanding the global slowdown and the COVID-19 pandemic, total foreign direct investments into India rose to a record $81.72 billion in 2020-21. During April-July this fiscal, FDI (foreign direct investment) into the country increased by 62 per cent to $27.37 billion.

Air India, Saradha: Cases connected to Chidambarams

Air India, Saradha: Cases connected to Chidambarams

Rediff.com21 Aug 2019

Apart from them, Chidambaram's wife -- Nalini -- has been chargesheeted by the CBI in the Saradha chit-fund scam for allegedly accepting a bribe of Rs 1.4 crore.

Soon you may not go to jail for bouncing a cheque

Soon you may not go to jail for bouncing a cheque

Rediff.com10 Jun 2020

The finance ministry has proposed to decriminalise a host of minor offences, including those relating to cheque bounce and repayment of loans, in as many as 19 legislations to help businesses tide over the crisis caused by the coronavirus outbreak. The 19 legislations include Negotiable Instruments Act (cheque bounce), SARFAESI Act (repayment of bank loans), LIC Act, PFRDA Act, RBI Act, NHB Act, Banking Regulation Act and Chit Funds Act.

Mukul Roy removed as TMC general secretary

Mukul Roy removed as TMC general secretary

Rediff.com28 Feb 2015

Trinamool Congress on Saturday removed Mukul Roy, a former confidante of Mamata Banerjee, from the key post of party general secretary.

Congress promises nationwide caste census, women's quota asap if voted to power

Congress promises nationwide caste census, women's quota asap if voted to power

Rediff.com9 Oct 2023

The Congress on Monday promised that a government led by it will conduct a nationwide caste census and implement 33 per cent reservation for women in the Lok Sabha and state legislative assemblies at the earliest, including adequate representation for women belonging to the OBC community.

Senior police officer under scanner in Matang case

Senior police officer under scanner in Matang case

Rediff.com5 Feb 2015

A report about the officer has been sent to the 'higher-ups' in the government

Mine mafia running Odisha government: Rahul

Mine mafia running Odisha government: Rahul

Rediff.com31 Mar 2014

Accusing the Biju Janata Dal government in Odisha of hijacking the credit for the work done through the welfare programmes of UPA government, Congress vice-president Rahul Gandhi on Monday claimed the state is ruled by "mine mafia" and not by the people's representatives.

Mamata 'biggest beneficiary' of Saradha scam: Kunal Ghosh

Mamata 'biggest beneficiary' of Saradha scam: Kunal Ghosh

Rediff.com22 Dec 2014

Suspended Trinamool Congress MP Kunal Ghosh on Monday alleged that West Bengal Chief Minister Mamata Banerjee was the biggest beneficiary of Saradha Media, an arm of the Saradha Group embroiled in a multi-crore chit fund scam, during his deposition before a city court.

BJP asks Mamata to 'respect federal structure', attend PM's meet

BJP asks Mamata to 'respect federal structure', attend PM's meet

Rediff.com6 Dec 2014

Bharatiya Janata Party on Saturday criticised West Bengal Chief Minister Mamata Banerjee for her decision to not attend the chief ministers' meet called by Prime Minister Narendra Modi tomorrow even as it asked her to rise above 'partisan politics' for the development of her state.

Adarsh scam: CBI gives clean chit to another former Maharashtra CM

Adarsh scam: CBI gives clean chit to another former Maharashtra CM

Rediff.com20 Feb 2014

In a relief to former Maharashtra chief minister Shivajirao Patil-Nilangekar, the Central Bureau of Investigation on Thursday gave him a clean chit in the Adarsh Housing Society scam.

Assam Congress leader Himanta Biswa Sarma to join BJP

Assam Congress leader Himanta Biswa Sarma to join BJP

Rediff.com23 Aug 2015

The rebel Congress leader said he expressed his desire to join BJP and work under the leadership of Prime Minister Narendra Modi and party president Amit Shah. He also discussed Assam's political and flood situation.

Mamata turns street fighter for cop she once refused to trust

Mamata turns street fighter for cop she once refused to trust

Rediff.com5 Feb 2019

Rajeev Kumar, the Kolkata police commissioner, is known for his impeccable investigating and electronic surveillance skills.

4 Sebi officials under CBI lens in Saradha scam

4 Sebi officials under CBI lens in Saradha scam

Rediff.com30 Oct 2014

The investigative agency plans to file a second chargesheet, naming more perpetrators in the Saradha scam.

Rahul launches no-holds-barred attack against Modi, Patnaik

Rahul launches no-holds-barred attack against Modi, Patnaik

Rediff.com25 Jan 2019

Gandhi accused Odisha CM Naveen Patnaik of being remote-controlled by Modi

Tough law against illegal deposits

Tough law against illegal deposits

Rediff.com22 Mar 2019

'People who have unaccounted money often park it in unregulated deposit schemes.' 'Curbing illegal deposit-raising activity will also carry forward the government's drive against black money.'

How the new Real Estate Bill will help home buyers

How the new Real Estate Bill will help home buyers

Rediff.com21 Apr 2015

The real estate Bill will stamp out illegal practices prevalent in the industry.

Review: Saptamasree Taskaraha is a fun ride

Review: Saptamasree Taskaraha is a fun ride

Rediff.com8 Sep 2014

Saptamasree Taskaraha is an enjoyable comic thriller, says Paresh C Palicha.

Jharkhand suspends mining secretary Pooja Singhal arrested for MGNREGS scam

Jharkhand suspends mining secretary Pooja Singhal arrested for MGNREGS scam

Rediff.com12 May 2022

Jharkhand mining secretary Pooja Singhal, earlier arrested and remanded to the custody of the ED in a suspected money laundering case, was suspended by the Jharkhand government on Thursday, an official said.

Trianmool's new A team: Mukul Roy kept at bay

Trianmool's new A team: Mukul Roy kept at bay

Rediff.com14 Feb 2015

Trinamool Congress chief Mamata Banerjee on Saturday carried out a major reshuffle in the party set-up