Saradha Group Of Companies In Kolkata

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CBI raids houses of Bengal minister, TMC MLA in civic body recruitment scam

The Central Bureau of Investigation on Sunday conducted searches at 12 locations, including at the residences of senior West Bengal minister Firhad Hakim and Trinamool Congress MLA Madan Mitra, in......

Mamata Banerjee and the Politics of Impulsiveness

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......

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

In a blow to the prestige of the Bharatiya Janata Party, it's national Vice President Mukul Roy along with son Subhranshu, rejoined Trinamool Congress on Friday, with Bengal Chief Minister Mamata......

SC issues notice to Ex-Kolkata top cop in Saradha case

The Supreme Court on Friday sought response from West Bengal cadre IPS officer Rajeev Kumar on Central Bureua of Investigation's appeal challenging the anticipatory bail granted to him in the......

Ex-Kolkata top cop Rajeev Kumar gets bail

In a relief to former Kolkata Police commissioner Rajeev Kumar, the Calcutta high court granted anticipatory bail to the senior IPS officer in connection with the multi-crore-rupee Saradha chit......

Sebi imposes Rs 2 cr fine on Saradha Realty, Sudipto Sen and 2 directors

Markets regulator Sebi on Friday imposed a fine of Rs 2 crore on Saradha Realty, its chief Sudipta Sen and two directors, Hemanta Pradhan and Monoj Kumar Nagel, for failing to comply with its......

Who will bell the Ponzi schemes?

A system of multiple regulations operating in silos has created grey areas that foster illegal money raisingA group of people from the chit fund sector wrote a Right to Information application......

Saradha scam: Where has all the money gone?

It was a multi-million rupee scam whose extent and reach are still being unravelled, so why did the chief of the scam-tainted Saradha group Sudipta Sen plead that he was unable to pay Rs 30,000 as......

'Our ship is sinking, Mamatadidi, save us please!'

Since the Saradha group of companies went bust with its owner Sudipta Sen in police custody from 2013, its agents have been left penniless, homeless and have lost all hope of living a peaceful......

'Now, I am reduced to nothing'

'I have tutored my family and myself to fight hunger,' the former agent for the Saradha chit fund says, his eyes welling up. 96 of the 107 cases referred to the Serious Fraud Investigation Office......

Why the once legendary football clubs of Kolkata are fading

Bogged down by inefficient administration and unable to attract financing, the once legendary football clubs of Kolkata are fading into irrelevance Odafe Okolie, right, trains with Jose Barreto,......

Budget issues for Kolkata's football big guns

The two giants of Indian football, Mohun Bagan and East Bengal, are facing turbulent times. On the pitch, East Bengal finished a respectable third in the 2012-13 I-League season, while Mohun Bagan......

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