News for 'chit fund'

Saradha scam: WB minister arrested, Mamata calls it political vendetta

Saradha scam: WB minister arrested, Mamata calls it political vendetta

Rediff.com12 Dec 2014

Launching a blistering attack against the Centre, West Bengal Chief Minister Mamata Banerjee termed state Transport Minister Madan Mitra's arrest as "political vendetta" and "dirty conspiracy" by the BJP and dared the NDA government to arrest her.

Parliament should function despite differences: PM

Parliament should function despite differences: PM

Rediff.com30 Jan 2017

The government, however, asserted that the Budget will be presented as scheduled, rejecting the opposition's allegations that it will impact the upcoming assembly elections.

Anil Kumar Sinha takes charge as CBI's new director

Anil Kumar Sinha takes charge as CBI's new director

Rediff.com3 Dec 2014

Anil Kumar Sinha, a 1979-batch Indian Police Service officer, on Wednesday took over the reins of the Central Bureau of Investigation at a time when the agency is facing criticism from courts over its handling of probe in coal allocation and 2G scams.

'Avoid bottom-fishing in Adani Group shares'

'Avoid bottom-fishing in Adani Group shares'

Rediff.com14 Jun 2021

With most Adani Group shares locked in lower-circuit in early morning trade based on news that accounts of three foreign portfolio investors, heavily invested into group companies, were frozen by the National Security Depository Limited, market experts advise caution that investors should not jump in now to buy at lower levels.

Mamata Going Soft On Modi Baffles All

Mamata Going Soft On Modi Baffles All

Rediff.com4 Oct 2022

While the Opposition is making a belated effort to form a joint front against the BJP, Mamata's ambiguous stand has created confusion, observes Virendra Kapoor.

Hardik Patel fallout: Home Secy Goyal gets the boot

Hardik Patel fallout: Home Secy Goyal gets the boot

Rediff.com31 Aug 2015

The Narendra Modi government on Monday sprang a surprise when it appointed senior IAS officer Rajiv Mehrishi as Union home secretary in place of incumbent L C Goyal, who sought voluntary retirement after taking over the charge seven months ago.

'Only one leader in TMC, no one else matters'

'Only one leader in TMC, no one else matters'

Rediff.com22 Feb 2021

Against the backdrop of the Lok Sabha results, a much larger scale of desertion was anticipated from the TMC. 'It seems, people don't believe that the ship is sinking.'

4 investment mistakes that result in losses

4 investment mistakes that result in losses

Rediff.com1 Jul 2016

Most of the investing risk comes from the amazingly wrong, stupid, egoistic assumptions that we make. Here are four of them...

Adani Group cos under Sebi lens for non-compliance of rules

Adani Group cos under Sebi lens for non-compliance of rules

Rediff.com19 Jul 2021

Markets regulator Sebi and the Directorate of Revenue Intelligence (DRI) are probing some Adani Group companies for alleged non-compliance with rules, the government told Lok Sabha on Monday. Minister of State for Finance Pankaj Chaudhary in a written reply to a question said accounts of three of the six Mauritius-based funds, that have invested most of their money in Adani Group firms, were frozen in 2016 over the issuance of Global Depository Receipt (GDR) by certain listed firms. No freeze was ordered for their holding in other firms.

Budget: What's costlier, what's cheaper?

Budget: What's costlier, what's cheaper?

Rediff.com28 Feb 2015

Dining and drinking out will be expensive.

Kejriwal assures Punjab: CM face won't be 'outsider'

Kejriwal assures Punjab: CM face won't be 'outsider'

Rediff.com11 Jan 2017

He said people of Punjab can make him 'personally accountable' for all the works.

Sachin Pilot on how India can curb ponzi schemes

Sachin Pilot on how India can curb ponzi schemes

Rediff.com2 Jul 2013

According to him, there are enough laws but their implementation is important.

'Unpardonable sin to build a city on the banks of a river!'

'Unpardonable sin to build a city on the banks of a river!'

Rediff.com23 Feb 2015

'They are acquiring agricultural land almost free of cost promising an illusory rise which is worse than a chit fund scheme.' 'When I went there on a fact-finding mission, we found that one third of the land they plan to acquire is the best agricultural land in the country.'

CBI team goes to question Kolkata Police chief, detained by cops

CBI team goes to question Kolkata Police chief, detained by cops

Rediff.com3 Feb 2019

There were conflicting reports about some CBI officers being arrested.

'It's strange CBI is asking for evidence after 4 years'

'It's strange CBI is asking for evidence after 4 years'

Rediff.com6 Feb 2019

'Why didn't the CBI ask for the evidence earlier?' 'Why has it suddenly becoming imminent.'

'The CBI has to be blamed'

'The CBI has to be blamed'

Rediff.com4 Feb 2019

'In the CBI's history, a situation like this has never ever occurred.'

HC stays bail given to Bengal ministers in Narada case

HC stays bail given to Bengal ministers in Narada case

Rediff.com18 May 2021

The division bench said it deemed it appropriate to stay the special court's order and direct that the "accused person shall be treated to be in judicial custody till further orders".

'They were defaming Gujarat': Court denies bail to Setalvad, Sreekumar

'They were defaming Gujarat': Court denies bail to Setalvad, Sreekumar

Rediff.com30 Jul 2022

A sessions court in Ahmedabad on Saturday rejected the bail applications of activist Teesta Setalvad and former director general of police R B Sreekumar, arrested for allegedly fabricating documents to 'frame innocent people' in 2002 riots cases.

Naveen Patnaik: Calm visage masks nerves of steel

Naveen Patnaik: Calm visage masks nerves of steel

Rediff.com29 May 2019

Patnaik's image of a "clean and honest" politician is widely regarded as the reason why he was able to withstand a spirited challenge thrown by the Bharatiya Janata Party, analysts say of perhaps the lone regional satrap who cannot even properly speak the language of his native state.

Mamata's friend-turned-foe Mukul Roy returns to Trinamool

Mamata's friend-turned-foe Mukul Roy returns to Trinamool

Rediff.com12 Jun 2021

In a blow to the prestige of the saffron brigade, Bharatiya Janata Party's national vice president Mukul Roy along with son Subhranshu, rejoined the Trinamool Congress on Friday, with Bengal Chief Minister Mamata Banerjee and other leaders of the state's ruling party welcoming the prodigal back to the fold.

Why Is It An Attack On India?

Why Is It An Attack On India?

Rediff.com7 Feb 2023

India's Right-wing has sought to own our democracy by making itself appear the stuff of majority, and sometimes, a national ethos older than the Constitution on which our democracy is based, argues Shyam G Menon.

TMC on a roll, wins 13 out of 17 zilla parishads in WB

TMC on a roll, wins 13 out of 17 zilla parishads in WB

Rediff.com30 Jul 2013

TMC on a roll, wins 13 out of 17 zilla parishads in WB

Narada case: Political storm in WB after CBI arrests 3 TMC leaders

Narada case: Political storm in WB after CBI arrests 3 TMC leaders

Rediff.com17 May 2021

Bengal ministers Firhad Hakim and Subrata Mukherjee were taken to the Central Bureau of Investigation office on Monday in connection with the Narada sting operation, officials said.

BJP will give employment to every household: Shah in Tripura

BJP will give employment to every household: Shah in Tripura

Rediff.com11 Feb 2018

Shah said a BJP government would protect and promote the cultural heritage and values of tribals.

Mamata Banerjee: Soldier who trumped BJP war machine

Mamata Banerjee: Soldier who trumped BJP war machine

Rediff.com2 May 2021

'Didi' became the real 'Dada' as she got past the post, on a wheelchair and a foot in cast, a souvenir from the Nandigram battle against former protege-turned-rival Suvendu Adhikari.

Mithun surrenders Rs 1.2-cr received from Saradha to ED

Mithun surrenders Rs 1.2-cr received from Saradha to ED

Rediff.com16 Jun 2015

Trinamool Congress MP and actor Mithun Chakraborty on Tuesday surrendered to Enforcement Directorate an amount of about Rs 1.2 crore that he had received from scam-hit Saradha group of companies for being its brand ambassador.

After lunch with BJP's Amit Shah, Bengal couple joins TMC

After lunch with BJP's Amit Shah, Bengal couple joins TMC

Rediff.com3 May 2017

Raju Mahali and Geeta Mahali, who had hosted Amit Shah on April 25 during his visit to the area, on Wednesday joined the TMC in the presence of senior TMC leader and tourism minister Gautam Deb.

Bengali actor, ex-TMC MP Tapas Paul dead

Bengali actor, ex-TMC MP Tapas Paul dead

Rediff.com18 Feb 2020

Paul, who was in Mumbai to visit his daughter, complained of chest pain at the Mumbai airport during his return to Kolkata and was rushed to a hospital in Juhu but died around 4 am, they said.

Investing in money-making Internet schemes? Beware!

Investing in money-making Internet schemes? Beware!

Rediff.com16 Feb 2017

Before participating in such a scheme, do a detailed background check of the company's credentials, especially if the promised returns are unrealistic.

TMC meets Prez for third time, calls note ban 'super emergency'

TMC meets Prez for third time, calls note ban 'super emergency'

Rediff.com11 Jan 2017

Trinamool Congress MPs accused the Modi government of having imposed a "super emergency" by launching the exercise and engaging in "vendetta politics" by arresting two party lawmakers after it opposed the "draconian" move.

ED probe conspiracy to defame me as I quit BJP: Khadse

ED probe conspiracy to defame me as I quit BJP: Khadse

Rediff.com8 Jul 2021

"I have earlier appeared for the inquiry five times. The Anti-Corruption Bureau (ACB) had filed a C-summary report in a Pune Court that there is no truth in the allegations and the case be closed," he said.

Dubai tycoon slaps $8 bn suit on BoB, EY in New York for ignoring 'fraud'

Dubai tycoon slaps $8 bn suit on BoB, EY in New York for ignoring 'fraud'

Rediff.com30 Jul 2021

Dubai-based billionaire BR Shetty has sued Bank of Baroda (BoB) and audit firm Ernst & Young (EY) in a New York court, accusing them of ignoring fictitious and fraudulent transactions that resulted in NMC Healthcare going bankrupt. Shetty is seeking $8 billion in damages in the suit that also names the top management of NMC Healthcare, and Netherlands-based Credit Europe Bank. A top NMC Healthcare official confirmed the development to Business Standard and said despite several meetings, senior BoB officials in India did not take remedial steps for fear of getting involved in an international ponzi scheme perpetrated by then senior management officials.

'BJP in Bengal is nothing but TMC 2.0'

'BJP in Bengal is nothing but TMC 2.0'

Rediff.com22 Feb 2021

'Tell me, one BJP policy that Mamata has opposed and is fighting tooth and nail?' Be it Article 370, instant triple talaq, be it CAA/NRC/NPR, be it notebandi, FDI, she has aligned with the BJP.'

Justice For Shami!

Justice For Shami!

Rediff.com23 Feb 2023

I said to myself, why should the player suffer if he was innocent while I went about settling scores with the Board? If I didn't finish the enquiry in time, Shami's career would be harmed and perhaps irretrievably so. I decided to complete the probe within the stipulated time and got going right away.

COVID, political violence await Mamata as she strides back to office

COVID, political violence await Mamata as she strides back to office

Rediff.com5 May 2021

On Wednesday, Bengal's own daughter she firmly pitched herself as, was sworn in as the chief minister of the turbulent state for the third successive term amid raging fires of political violence and a rampaging pandemic.

Coffee king's death: Rs 3,500 cr skeleton tumbles out

Coffee king's death: Rs 3,500 cr skeleton tumbles out

Rediff.com24 Jul 2020

The probe gave a clean chit to the tax department that was being alleged to have harassed Siddhartha.

Mamata says Govt silencing voices of dissent in Kashmir

Mamata says Govt silencing voices of dissent in Kashmir

Rediff.com28 Aug 2019

She also hit out at the government for posting retired bureaucrats, who she alleged were its 'yes men', as head of institutions.

Eyes on Maoist hotbed as West Bengal goes to polls on Monday

Eyes on Maoist hotbed as West Bengal goes to polls on Monday

Rediff.com3 Apr 2016

One hundred and thirty-three candidates will try their luck from the constituencies falling under the districts of West Midnapore, Purulia and Bankura.

Saradha scam worth Rs 2,460 cr; owner in control of deposits: Probe

Saradha scam worth Rs 2,460 cr; owner in control of deposits: Probe

Rediff.com20 Oct 2013

The alleged chit fund scam in West Bengal involving the Saradha Group revolves around a total sum of Rs 2,460 crore with 80 per cent of the depositors' monies still remaining unpaid, a latest investigation report has revealed.

Heated exchange in Lok Sabha over 'misuse' of CBI

Heated exchange in Lok Sabha over 'misuse' of CBI

Rediff.com5 Feb 2019

Principal opposition Congress too staged a walk out saying its members should have been the first ones to speak but were being denied a chance.