News for 'chit-funds'

Will score 42 out of 42 in Bengal: Didi at mega opposition rally

Will score 42 out of 42 in Bengal: Didi at mega opposition rally

Rediff.com13 Feb 2019

"Any fight with the Congress will remain in the state. At the national level, we will fight together, this I am saying from the heart..." she said.

Mahabharat will be fought over land act amendments: Jairam Ramesh

Mahabharat will be fought over land act amendments: Jairam Ramesh

Rediff.com6 Apr 2015

Congress said another Mahabharat would be fought over proposed amendments in the land acquisition act.

RBI relaxes portfolio investment scheme for NRIs

RBI relaxes portfolio investment scheme for NRIs

Rediff.com20 Aug 2013

In order to attract inflow of foreign currency, the Reserve Bank on Tuesday simplified rules governing investments by non-resident Indians (NRIs) portfolio investments like equities and debt.

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.

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.

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.

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.

Rattled Mamata pressing panic button: BJP on Saradha scam

Rattled Mamata pressing panic button: BJP on Saradha scam

Rediff.com13 Dec 2014

The Bharatiya Janata Party on Saturday slammed West Bengal Chief Minister Mamata Banerjee for her "political vendetta" charge over action in Saradha scam, saying she is pressing the "panic button" and "rattled" by the possibility that her "own involvement" could come to light.

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.

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.

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.

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.

Sebi to get more powers soon

Sebi to get more powers soon

Rediff.com18 Jul 2013

The Union Cabinet on Wednesday had approved the proposal to amend the Sebi Act and other relevant regulations that would give greater powers to the regulator in its efforts to tackle all kinds of money-collection schemes, as also to effectively crackdown on defaulters in the stock markets.

'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.'

Saradha scam: ED arrests Sudipta Sen's absconding wife, son

Saradha scam: ED arrests Sudipta Sen's absconding wife, son

Rediff.com16 Apr 2014

The Enforcement Directorate on Wednesday night arrested the wife and son of the alleged kingpin of the multi-crore Saradha chit fund scam accused Sudipta Sen in a money laundering case.

'Situation in Bengal is similar to that of Emergency days'

'Situation in Bengal is similar to that of Emergency days'

Rediff.com4 Feb 2019

Opposition parties have expressed solidarity with West Bengal chief minister Mamata Banerjee.

Sebi cautions against illicit high-return schemes

Sebi cautions against illicit high-return schemes

Rediff.com17 Dec 2014

Sebi, which has been given powers to take action against all unregulated money pooling schemes worth over Rs 100 crore (Rs 1 billion) besides all public issuances of securities, has issued this fresh caution notice at a time when a large number of people have been duped by numerous schemes in various states and enforcement action is underway against such operators.

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.

Did Raman Singh take Rahul Gandhi too lightly?

Did Raman Singh take Rahul Gandhi too lightly?

Rediff.com11 Dec 2018

The results, while bringing the Congress back to power in this state, also end the rule of the 66-year-old BJP stalwart, who has earned several monikers during his 15-year-long tenure -- Doctor saheb being a trained Ayurvedic medical practitioner, chaur wale baba for his popular rice scheme and the 'Mobile Wale Baba' for giving free smartphones to 50 lakh women and students.

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.

What lies ahead for Mukul Roy?

What lies ahead for Mukul Roy?

Rediff.com26 Oct 2017

What Roy is planning is not known. Will he side with the BJP, which he calls 'non-communal'? Or will he float a party? Or revive the Nationalist TMC to further his political career?

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

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...

Centre using CBI, ED to terrorise people: Mamata Banerjee

Centre using CBI, ED to terrorise people: Mamata Banerjee

Rediff.com18 Jun 2016

West Bengal Chief Minister Mamata Banerjee on Saturday accused the Centre of pursuing vindictive politics and using central agencies like the Central Bureau of Investigation and the Enforcement Directorate to terrorise people in the non Bharatiya Janata Party-ruled states.

Mamata's TMC sweeps aside opposition in West Bengal

Mamata's TMC sweeps aside opposition in West Bengal

Rediff.com20 May 2016

The Trinamool Congress won 211 seats.

WB polls: Rahul, Buddhadeb share stage

WB polls: Rahul, Buddhadeb share stage

Rediff.com27 Apr 2016

Striking a rare show of bonhomie, Congress Vice President Rahul Gandhi on Wednesday shared the stage with veteran Communist Party of India-Marxist leader and former Chief Minister Buddhadeb Bhattacharjee

Tradition and heritage of West Bengal under threat: Modi

Tradition and heritage of West Bengal under threat: Modi

Rediff.com16 Jul 2018

According to Modi, the TMC's 'political syndicate' rules in the land of 'Vande Mataram' and 'Jana-Gana-Mana' and pursues appeasement and vote bank politics.

Are you creating black money unwittingly?

Are you creating black money unwittingly?

Rediff.com29 Jan 2015

Tax rules that could land you in trouble

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.

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.

Mithun Chakraborty questioned in Saradha scam, says he will return money

Mithun Chakraborty questioned in Saradha scam, says he will return money

Rediff.com17 May 2015

The Enforcement Directorate questioned Trinamool Congress MP and actor Mithun Chakraborty in connection with the multi-crore Saradha chit fund scam.

Buzz: Pakistan begin World Test Championship campaign in England

Buzz: Pakistan begin World Test Championship campaign in England

Rediff.com3 Oct 2019

Pakistan women cricket team's head coach New Zealander Mark Coles has resigned on Thursday, months before the ICC World T20 in Australia.

1 lakh security men deployed for 1st phase of Chhattisgarh poll

1 lakh security men deployed for 1st phase of Chhattisgarh poll

Rediff.com11 Nov 2018

The ruling Bharatiya Janata Party is eyeing a fourth straight term in the tribal-dominated state as the opposition Congress seeks to return to power after 15 years.

CBI has become Conspiracy Bureau of India: Mamata

CBI has become Conspiracy Bureau of India: Mamata

Rediff.com9 Jan 2017

Banerjee urged President Pranab Mukherjee to "save" the people of the country from the hardship caused by demonetisation and the resultant cash crisis

When it comes to Ponzi schemes, India's regulators have miles to go

When it comes to Ponzi schemes, India's regulators have miles to go

Rediff.com17 Nov 2015

NBFCs which have not met Sebi criteria will face tough action.

New Chief Justice of India has his task cut out

New Chief Justice of India has his task cut out

Rediff.com5 Nov 2015

With a term ending in January 2017, he has to move fast to tackle the tough tasks cut out for him, says M J Antony.

Modi pitches for Citizenship Bill amid commotion at Bengal rally

Modi pitches for Citizenship Bill amid commotion at Bengal rally

Rediff.com2 Feb 2019

Modi accused the TMC of killing the aspirations of the middle-class people in the state and said the ruling party in West Bengal is known for 'triple T -- Trinamool Tolabaji Tax'.

'Unemployment is a major cause of resentment in India'

'Unemployment is a major cause of resentment in India'

Rediff.com21 Jan 2019

'The biggest challenge and the one that needs immediate attention is massive shortcoming of jobs, leading to rampant migration from the state (almost 4 million Odias migrated!). 'This forces them to work in abysmal and inhumane working conditions.' 'Some are fortunate to come back alive, while some return in coffins.'

Saradha Group to face prosecution for running ponzi schemes

Saradha Group to face prosecution for running ponzi schemes

Rediff.com15 Sep 2014

The agency, which looks into white collar crimes and violations of companies law, investigated more than 60 companies in this regard.

Sebi gets more power to clamp down on ponzi schemes

Sebi gets more power to clamp down on ponzi schemes

Rediff.com18 Jul 2013

The government on Thursday gave more powers to market regulator Securities and Exchange Board of India to crackdown on ponzi schemes, access phone call records to check insider trading and carry out search and seizure operations.