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States

Corporate Affairs Ministry directs SFIO to probe 3 more WB-based business groups

The Corporate Affairs Ministry has directed the Serious Fraud Investigation Office, SFIO to probe three more West Bengal-based business groups suspected of defrauding investors through money-pooling schemes. According to a communication sent by the Corporate Affairs Ministry to the SFIO, these groups include Rose Valley, Icore E-Services and Sunshine India Land Developers. In all, more […]

States

20 killed, 25 injured as tractor plunges into gorge in Odisha

At least 20 persons have been killed and 25 injured, 12 of them seriously, when a tractor carrying a marriage party fell into a gorge in Rayagada district on Friday. The incident took place in a remote area between Uppar Anchal Bari and Hataguma when the tractor, carrying about 60 persons from Hiranpadu village, plunged […]

States

Part of hospital building collapses in Bhopal, many trapped

A portion of the two-storied Kasturba Gandhi Hospital collapsed in Bhopal on Friday evening where several people including patients were suspected to be trapped under the debris. “The Hospital is in the Bharat Heavy Electricals Limited (BHEL) area. Victims comprise patients and kin. Officials of the Municipal Corporation, district administration and BHEL — besides Central […]

States

TMC on backfoot over the chit fund scam

In the wake of an alleged fraud involving thousands of crores by Kolkata-based Saradha group, Corporate Affairs Ministry on Thursday ordered Serious Fraud Investigation Office to carry out all investigations into such companies. The decision was taken in view of a larger public interest involved in these cases. Earlier Chairman of Saradha Group company Sudipta […]

States

Karnataka elections will see over 35 lakh first time voters

The assembly elections in Karnataka on May 5 would have 35,58,862 first time voters(18-22 age category), including 5,34,548 in the city, eligible to cast theirballot in the state, where there would be 52,034 polling stations, an officialsaid. Karnataka Chief Electoral Officer Anil Kumar Jha said the total electorate is 4,36,36,966, including 2,22,84050 male and 2,13,52,916 […]

States

Saradha scam snowballs into pol controversy, CM announces Rs 500 cr relief fund

A letter bomb by the prime accused in the multi-crore chitfund scam alleging blackmail by two Trinamool Congress MPs blew in the face of the ruling party, as CM Mamata Banerjee announced a Rs 500 crore relief fund for the duped investors. Scurrying for cover, the Trinamool supremo on Wednesday rejected allegations against the party […]

States

Saradha group chairman accuses two TMC MPs

Chairman of Saradha Group company Sudipta Sen has accused two Trinamool Congress MPs of ‘extortion’ and ‘blackmail’ and blamed them for his downfall. Sen, in a letter to CBI, threatened to commit suicide for his predicament as he feared he would not be able to refund the public money. Meanwhile West Bengal BJP demanded a […]

States

Kol police gets transit remand of Sen; ministry says chit funds under Chit Funds Act 1982

The Kolkata police was granted four-day transit remand by a Kashmir court to take chit fund scam accused Sudipto Sen and two others to West Bengal, even as sources in the Ministry of Corporate Affairs informed that chit funds in India are governed by the Chit Funds Act, 1982. Sen, chairman of Saradha group which […]

States

Tripura to include women’s issues in school syllabus

The Tripura government is planning to include issues such as domestic violence, crime against women and place of women in the society in school curriculum, Chief Minister Manik Sarkar said on Monday. Expressing concern over the rise of crime against women and children, he said, “Students should be sensitized about the respectful position of women […]

States

Saradha scam: WB govt forms SIT, commission

West Bengal Chief Minister Mamata Banerjee announced a high-level inquiry and a SIT probe into the collapse of chit fund company Saradha Group that has left thousands of investors in the lurch. A PIL was, meanwhile, filed in the Calcutta High Court seeking a CBI probe into the chit fund scam. Breaking her silence over […]