Kolkata: After two years of rule, Chief Minister Mamata Banerjee appears to have squandered the overwhelming mandate voters gave her, but as West Bengal gears up for panchayat polls, it seems that the TMC has the advantage as the Left is yet to regroup. Rattled by the Saradha meltdown and a spate of suicides, Trinamool faces the uphill task of addressing cries of lakhs of anguished investors and agents. With...
07:59 AM, May 20, 2013
Kolkata: The National Commission for Protection of Child Rights (NCPCR) has sought a report from West Bengal officials on the death of an eight-year-old student after he was allegedly assaulted by his teacher in class. The commission took up the matter after a report on CNN-IBN. The NCPCR has asked the South 24 Parganas district administration for a detailed report on the circumstances around the student's death. The eight-year-old, a...
10:21 AM, May 18, 2013
Kolkata: Alleged corporal punishment left an 8-year-old dead in South 24 Parganas in West Bengal. The student died after his head was allegedly banged against the wall by a teacher. The incident happened at the Nirdeshkhali school at Basanti in South 24 Parganas. The child was beaten up on May 15 as a punishment for throwing bags across the classroom during the class. The accused teacher has been arrested. More...
01:38 PM, May 17, 2013
Kolkata: As the Calcutta High Court begins hearing pleas seeking a CBI probe into the Sharada group chit fund scam on Tuesday, CNN-IBN has found that it is unemployment and stunted industrial and agricultural growth in the state that is forcing people to invest in ponzi schemes. Seventy-year-old Sunil Sarkar recounts how he found his son Jayanta Sarkar's body at the terrace hanging by a rope. Jayanta, who was allegedly...
09:11 AM, May 14, 2013
Kolkata: In a big blow to the Mamata Banerjee government in West Bengal, the Calcutta High Court on Friday ordered three-phase Panchayat elections in the state. The order establishes the supremacy of the state Election Commission that had opposed the Trinamool Congress government's demand to conduct two-phase elections. The court also directed the government to furnish list of observors as asked by the SEC by Saturday. The government was also...
04:35 PM, May 10, 2013
Investigations are on into the chit fund scam in West Bengal. There were thousands of crores of losses for those who can least afford it. ...
10:56 AM, May 07, 2013
Kolkata: Congress workers on Monday went on a rampage over the West Bengal chit fund scam in Kolkata. They took to the streets in Kolkata demanding a CBI probe and the arrest of Trinamool Congress MP Kunal Ghosh. The protesters burned effigies, broke barricades and also clashed with the police. Some of the protesters were taken into custody by the police. Meanwhile, day one of the special Assembly session was...
03:48 PM, Apr 29, 2013
Kolkata: The West Bengal chit fund is getting bigger each day. It has now turns out that ponzi schemes in the state financed not just media houses but Tollywood films as well. In the past four years, at least one in three films has been produced by groups that run ponzi schemes. Rose Valley, a deposit-taking company which is now under the MCA scanner, has produced 18 films including three...
08:42 AM, Apr 29, 2013
Kolkata: Angry relatives of a woman on Sunday vandalised a hospital in Burdwan after one of her newborn twins died. The rampaging men were caught on camera raiding the hospital, severely beating up nurses and other medical staff and damaging hospital equipment. The nurses were injured and are now under medical care. The attack happened despite the hospital authorities asking for police protection which obviously did not arrive on time....
07:34 PM, Apr 28, 2013
Kolkata: Debjani Mukherjee, who went from being a receptionist in the Saradha group to becoming an executive director, has now been arrested for defrauding investors. Her story is a fairy tale that ended badly. Debjani Mukherjee is known as 'Madam' by the employees of the Saradha group. She is a mystery woman whose rise up the corporate ladder was staggering - from a receptionist to the executive director of the...
10:08 AM, Apr 27, 2013
It isn't just the TMC, but the Congress too that has to answer questions in the West Bengal chit fund controversy. ...
10:31 PM, Apr 25, 2013
Kolkata: Saradha group promoter and the main accused in the West Bengal chit fund scam Sudipta Sen who was brought to Kolkata late on Wednesday night on a 4-day transit remand was produced in court on Thursday along with two others arrested from Sonmarg in Jammu and Kashmir on Tuesday. There were protests by Congress and Trinamool Congress members outside the court. Sources say the police are likely to ask...
12:20 PM, Apr 25, 2013
Kolkata: Amidst speculation that Saradha group promoter Sudipta Sen used his media groups to portray an image of being close to the Trinamool Congress, the party continues to distance itself from Saradha. West Bengal Chief Minister Mamata Banerjee has often tried to paint the media red. But she is now getting a taste of her own medicine. When the bubble burst, Sen was the first to shut down his media...
09:00 AM, Apr 25, 2013
Kolkata: Explosive revelations could embarrass the Trinamool Congress in the chit fund scam. National daily The Indian Express has reported that the Saradha Group CMD has sent an 18-page letter to the Central Bureau of Investigation. The letter contains the names of several key politicians, officials and legal experts who allegedly milked the company for money. The letter could reveal a nexus between politicians and the chit fund industry. The...
11:15 AM, Apr 24, 2013
Kolkata: West Bengal Chief Minister Mamata Bannerjee is in damage control mode as the Saradha chit fund scam threatens to embarrass her government further. Mamata has promised action if any of its leaders are involved in the scam. "Mamata Banerjee has said that anybody found culpable will be acted against," Trinamool Congress leader Saugata Roy said. The Chairman of the group, Sudipta Sen, has been arrested in Jammu and Kashmir...
08:10 AM, Apr 24, 2013
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