APN News

  • Thursday, October, 2019| Today's Market | Current Time: 10:20:07
  • Govt red-flags over 250 suspicious banking transactions

    The Finance Ministry has red-flagged over 250 suspicious banking transactions, most of them related to Multi Level Marketing or ponzi schemes, this year and has alerted agencies concerned and state governments on them. As many as 272 such transactions were sent to the Central Economic Intelligence Bureau by Financial Intelligence Unit India, an agency tasked […]

    Deal sternly with companies indulging in manipulative practises: SC to SEBI

    The Supreme Court has asked SEBI to deal sternly with companies indulging in manipulative and deceptive practises to send a clear message that market abuse will not be tolerated in the country. “SEBI, the market regulator, has to deal sternly with companies and their Directors indulging in manipulative and deceptive devices, insider trading etc. or […]

    Bengal chit fund scam: second FIR against Trinamool MP

      The human toll in West Bengal’s multi billion rupee chit fund muddle rose to four, with another agent of the tainted Saradha Group committing suicide, while a second FIR was filed against Trinamool Congress MP Kunal Ghosh by employees of a Bengali daily run by the chit fund-aided company. The agent Swapan Kumar Biswas,who […]

    20 yr old college student allegedly gangraped, murdered in Karnataka

    A 20-year old college student was reportedly gang-raped and murdered at Modaga near Sulebavi village in Belgaum Taluk on Friday night. She was returning to her village Modaga from Belgaum where she was studying. She appeared for her exams on Friday but did not return home. The murder was discovered on Saturday after the owner […]

    Govt announces multi-agency probe into money-pooling frauds

    In a multi-agency crackdown against alleged duping of public investors through Ponzi schemes, the govt said the entities suspected to be engaged in such activities are being probed by SEBI, RBI and the Corporate Affairs Ministry, among others. Besides, the Income Tax Department has also initiated an investigation of Saradha group and the Enforcement Directorate […]

    CBI status report shared with Law Min: CBI Dir to SC

    CBI Dir Ranjit Sinha submitted before the Supreme Court that the agency’s status report on coal allocation scam was shared with Law Min Ashwani Kumar “as desired by him” and that senior officials of PMO and Coal ministry had also seen it. Sinha’s two-page affidavit filed on the direction of the apex court contradicts the […]

    Saradha chit fund: ED registers money laundering case;HC asks co not to make financial transactions

    The Enforcement Directorate (ED) has registered a money laundering case against Saradha Chit Fund. The case was registered at the ED’s Guwahati office, after allegations of financial irregularities against the company. Assam Police has also registered an FIR against Saradha Group after investors complained that they were duped of their hard earned money. The Calcutta […]

    Corp Affairs Min decides to probe Saradha group cos

    The Corporate Affairs Ministry has decided to order a probe into the affairs of Saradha group companies, amid a growing controversy over alleged defrauding of investors by the Kolkata-based entity. The decision to conduct a probe followed a meeting held on Thursday morning by the Corporate Affairs Minister Sachin Pilot with the senior officials from […]

    Three persons arrested in Bangalore blast case

    Chennai Police have arrested three persons in connection with last week’s blast near the BJP office in Bangalore that left 16 persons injured. According to top police sources, Karnataka Police were assisted by their Tamil Nadu counterparts in a late night operation, in which two persons — Peer Mohideen and Basheer hailing from Tirunelveli were […]

    Amit Mitra assault case: Six CPI(M), SFI activists arreste

    Six activists belonging to CPI(M) and its youth wing SFI, including two women, were arrested in New Delhi on Monday for allegedly assaulting West Bengal Finance Minister Amit Mitra outside the Planning Commission office here two weeks back. Those arrested included Students Federation of India (SFI) General Secretary Ritabrata Bandhopadhyay, Delhi CPI(M) Secretary P M […]