News for 'chit-funds'

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.

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.

Justice T S Thakur sworn in as 43rd CJI

Justice T S Thakur sworn in as 43rd CJI

Rediff.com3 Dec 2015

Justice Tirath Singh Thakur was on Thursday sworn in as 43rd Chief Justice of India by President Pranab Mukherjee at an elegant function in Rashtrapati Bhavan.

'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.'

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.

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

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.

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.

Narada case: CBI files FIR against top 12 TMC leaders

Narada case: CBI files FIR against top 12 TMC leaders

Rediff.com17 Apr 2017

Twelve Trinamool Congress leaders including Mukul Roy and Madan Mitra have been booked by the Central Bureau of Investigation for alleged criminal conspiracy and corruption in the Narada sting case wherein they were purportedly filmed while taking money.

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.

Mamata failed to bring in paribartan: Modi tells WB to get rid of TMC

Mamata failed to bring in paribartan: Modi tells WB to get rid of TMC

Rediff.com7 Apr 2016

PM Modi said WB CM Mamata had boycotted meetings called by the Centre to discuss the issue of states' development and had failed to bring in any transformation to the state.

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.

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.

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.

Legal expert, bank officer to help CBI probe into Saradha chit scam

Legal expert, bank officer to help CBI probe into Saradha chit scam

Rediff.com14 May 2014

The Director told his team of officers to expedite the probe as it involved the trust of common people as well as the Supreme Court in CBI.

Mamata and the BJP won't be friends in a hurry

Mamata and the BJP won't be friends in a hurry

Rediff.com15 Jan 2017

As Rose Valley resurfaces, Sudip Bandyopadhyay and Tapas Pal's arrests marks the end of the bonhomie between the TMC and BJP.

I believe in politics of 'badlav' not 'badla': Modi hits back at Mamata

I believe in politics of 'badlav' not 'badla': Modi hits back at Mamata

Rediff.com4 May 2014

Taking a jibe at Mamata Banerjee over her "paper tiger" comment, Narendra Modi on Sunday said that a real tiger is one who jails those involved in the Sharada chit fund scam and gets back money of the poor.

Sebi warns public against high returns via illegal schemes

Sebi warns public against high returns via illegal schemes

Rediff.com6 Jan 2014

In a public notice, the Securities and Exchange Board of India observed that some companies or entities are illegally mobilising funds from the public by making false promises of exorbitant rates of return under various schemes.

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.

Suspended TMC leader Kunal Ghosh gets bail in first scam case

Suspended TMC leader Kunal Ghosh gets bail in first scam case

Rediff.com13 Dec 2013

Suspended Trinamool Congress MP Kunal Ghosh, who was arrested on November 23 in connection with the Saradha Group chit fund scam, was today granted bail in the first among several cases lodged against him.

Saradha scam: ED attaches assets worth Rs 60 cr

Saradha scam: ED attaches assets worth Rs 60 cr

Rediff.com29 Oct 2014

Moving ahead in the multi-crore Saradha chit funds scam case, the Enforcement Directorate (ED) on Wednesday attached assets, including a school, a cement factory and few resorts, worth Rs 60 crore (Rs 600 million) in West Bengal in connection with its money laundering probe.

Rs 3,700cr Noida ponzi: ED raids 5 locations in UP

Rs 3,700cr Noida ponzi: ED raids 5 locations in UP

Rediff.com5 Feb 2017

The Enforcement Directorate on Sunday conducted searches in various Uttar Pradesh cities after it registered a money laundering case to probe the alleged Rs 3,700 ponzi scam case perpetrated by seeking fake social media 'likes' from lakhs of gullible investors by a Noida based firm.

Mohd. Sporting dismiss talk of closure, says will not play in I-League Div 2

Mohd. Sporting dismiss talk of closure, says will not play in I-League Div 2

Rediff.com20 Oct 2014

Mohammedan Sporting have opted against playing in the second division of the I-League and also pulled out of the Durand Cup football tournament, beginning October 28, apparently due to financial crisis.

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.

Netaji's grandnephew joins BJP

Netaji's grandnephew joins BJP

Rediff.com25 Jan 2016

Asked by reporters whether the BJP is looking to him to play a winning card in the upcoming elections in the state, Bose said it is not a question of winning card or losing card, asserting his job is to bring back 'inclusivity' in Indian scenario.

The man who warned Mamata about Saradha

The man who warned Mamata about Saradha

Rediff.com3 Sep 2014

Why did the West Bengal government ignore warnings about the Saradha group, long before the chit-fund scam surfaced? Indrani Roy/Rediff.com reports on how retired police officer Nazrul Islam blew the whistle on the shady dealings of the Saradha group, and how no one heeded him then.

'When Modi chants Ram, Ram, the youth chant kaam kaam'

'When Modi chants Ram, Ram, the youth chant kaam kaam'

Rediff.com22 Feb 2021

'Who are these people on the streets?' 'They are youth and students who were hoodwinked, bluffed by Modi for the last seven years, with a promise of 2 crore jobs every year.' 'And Mamata sings the same tune.' 'But the youth can see that as long as there is Mamata or Modi, there is no hope.'

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.

Kolkata top cop will regret if he destroyed evidence: SC

Kolkata top cop will regret if he destroyed evidence: SC

Rediff.com4 Feb 2019

The top court will hear the probe agency's applications on Tuesday.

RBI starts scrutiny of nearly 3,000 private finance companies

RBI starts scrutiny of nearly 3,000 private finance companies

Rediff.com22 Jul 2013

The central bank's move comes against the backdrop of the government efforts to crackdown on entities, that are illegally raising large amounts of money from the public.

CBI granted 7 days custody of 6 accused in Saradha scam

CBI granted 7 days custody of 6 accused in Saradha scam

Rediff.com16 Jun 2014

The central agency had prayed for 10 days custody of the accused, but the court granted a week.

Saradha agents earned 35% commission on deals: ED

Saradha agents earned 35% commission on deals: ED

Rediff.com9 Jun 2014

ED, which has been probing the alleged financial irregularities and cheating by Saradha group of companies, has also detected that a high interest rate of 18 per cent was assured to investors if they invested in the groups' schemes for a period of 3-5 years, the probe report said.

100 days no development, Congrats: Rahul jabs PM

100 days no development, Congrats: Rahul jabs PM

Rediff.com8 Sep 2019

He attacked the dispensation over issues such as the state of the economy, the situation in Kashmir, the National Register of Citizens in Assam and action by probe agencies against opposition leaders.

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.

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

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".

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.

'Mamata creating hurdles in NIA probe into Burdwan blast'

'Mamata creating hurdles in NIA probe into Burdwan blast'

Rediff.com30 Nov 2014

Taking potshots at West Bengal Chief Minister Mamata Banerjee over the Saradha chit-fund scam and the Burdwan blast, Bharatiya Janata Party president Amit Shah on Sunday appealed to the people here to vote for change and development in the state.