West Bengal bans manufacture, sale of gutka, paan masala Kolkata: Waking up to the threats and consequences of high rate of tobacco consumption in the population, the West Bengal government has imposed a ban on the manufacture, sale of gutka, pan masala or any other product containing tobacco or Nicotine. The ban comes into effect on Wednesday till next one year. Madhya Pradesh took the first step followed by Kerala and Bihar. Maharashtra banned both gutka and pan masala....  
06:06 AM, May 01, 2013

WB chit fund scam: Police call tea trading firm owner for questioning Kolkata: The Bidhannagar Police on Tuesday called tea trading firm owner Sajan Agarwal for questioning in the West Bengal chit fund scam case. Saradha chief Sudipta Sen had named Agarwal as the conduit through which key players in Delhi were paid off. Meanwhile, Chief Minister Mamata Banerjee on Tuesday started sealing offices of two chit fund companies in Entally, Dalhousie and Behala areas of Kolkata. She had said in the...  
11:20 PM, Apr 30, 2013

West Bengal: Mamata renames streets in Kolkata Kolkata: West Bengal Chief Minister Mamata Banerjee on Tuesday renamed seventeen streets in the metropolis after legendary personalities from the world of industry, arts, music and others. The streets were given new names after RP Goenka, Pandit Ravi Shankar, Ram Manohar Lohia, Uttam Kumar, Ustad Hafiz Ali Khan Saheb, Debabrata Biswas as also Chaitanya Mahaprabhu, Ramkrishna Paramahansa and others. "It is a great honour for all of us to rename...  
09:59 PM, Apr 30, 2013

WB chit fund scam: Police to question more political leaders Kolkata: Police sources on Tuesday indicated that more politicians apart from Trinamool Congress MP Kunal Ghosh will be questioned in connection with the West Bengal chit fund scam. This would be done to probe if there is any proof of money exchanging hands amongst lobbyists and political leaders who assured Saradha promoter Sudipta Sen of political protection, the sources said. The sources added that the police was seeking the help...  
08:50 PM, Apr 30, 2013

WB: SFI activist's father seeks CBI probe into his death Kolkata: The father of SFI leader Sudipto Gupta on Tuesday moved the Calcutta High Court seeking a CBI probe into the death of his son, saying that a fair investigation was not possible by any state agency. The petition by Pranab Kumar Gupta also appealed that the investigation into the death of Sudipto be monitored by the court, his counsels Bikash Bhattacharya and Rabishankar Chattopadhyay said. Stating that only the...  
07:21 PM, Apr 30, 2013

WB Assembly passes bill to regulate chit fund companies Kolkata: In a fallout of the Saradha chit fund scam in West Bengal, the state Assembly on Tuesday passed a new bill on protecting investor interests in chit fund companies. The Bill was passed with minor amendments in a special session of the Assembly. However, there was no amendment in the most controversial portions of the Bill, namely the definition of Competent Authority (clause 8) and Section 22 (2) which...  
06:03 PM, Apr 30, 2013

 Reliance Jio, Vodafone, others tie up to construct BBG cable system New Delhi: A consortium of global telecom majors, including Reliance Jio Infocomm and Vodafone, today signed an agreement for constructing the Bay of Bengal Gateway submarine cable system that will link Malaysia and Singapore to the Middle East with connections in India and Sri Lanka. The cable system is likely to carry commercial traffic by the end of 2014. "...consortium members - Telekom Malaysia Berhad (Malaysia), Vodafone Group (UK), Omantel...  
03:30 PM, Apr 30, 2013

WB chit fund scam: Police question TMC MP Kunal Ghosh Kolkata: The police questioned Trinamool Congress MP Kunal Ghosh for 90 minutes regarding his involvement in the multi-crore West Bengal chit fund scam on Monday. Sources say Ghosh was asked about his position in the company, his deal with Saradha Group promoter Sudipta Sen on Channel 10 and whether he had anything to do with the financial aspect of the company. Police sources say all those from Bengal who have...  
09:45 AM, Apr 30, 2013

Odisha to take up chit fund issue with WB counterpart Bhubaneswar: With investors hitting the streets across Odisha demanding return of their deposits with Saradha Group, the state government on Monday asked the police crime branch to take up the matter with their West Bengal counterparts. The government also instructed the police to take help of RBI and SEBI to nail the ponzy scheme outfits. "The Economic Offence Wing (EOW) of the crime branch of police will take up the...  
02:19 AM, Apr 30, 2013

East Bengal face Sai Gon Xuan Thanh in AFC league encounter Kolkata: Unbeaten East Bengal will look to top group H before the knockouts as they face Vietnam oufit Sai Gon Xuan Thanh in their last league match of the AFC Cup here on Tuesday. East Bengal have already qualified for the pre-quarterfinals as they lead the table with 11 points, while the Vietnam outfit lie second with eight points. A draw will be enough for the red and gold brigade...  
07:49 PM, Apr 29, 2013

WB chit fund scam: Noose tightens around accused Kolkata: The West Bengal Police investigation into the Saradha chit fund fraud gathered steam on Monday as it summoned Trinamool Congress MP Kunal Ghosh for questioning over his role in the scam. Ghosh, however, denied all the charges saying it was a conspiracy against him. "Lies are being concocted and spread against me. I have come here to record a statement for the investigation being conducted by the police. I...  
07:32 PM, Apr 29, 2013

WB chit fund scam: Police summon TMC MP Kunal Ghosh Kolkata: The Trinamool Congress MP, Kunal Ghosh was on Monday summoned by the Bidhannagar Police for interrogation over the multicrore Saradha chit fund scam. Saradha group promoter Sudipta Sen and his aide Debjani Mukherjee had alleged that Kunal Ghosh had played a role in the fraud. Ghosh, however, denied all the charges against him, alleging it was a conspiracy. "Lies are being spread about me. The probe will bring out...  
06:05 PM, Apr 29, 2013

Chit fund scam: Sudipta swindled 2500 employees of PF money Kolkata: Sudipta Sen, Saradha group chairman accused of duping lakhs of investors, has allegedly swindled 2500 of his employees of their provident fund money, according to sources. Sources said that the amount never got deposited in their respective PF accounts. A team of ED officials from Kolkata have started looking at the financial trail and the use of money. ED officials are also looking into Sudipta Sen's bank accounts, sources...  
05:46 PM, Apr 29, 2013

WB: Cong workers go on a rampage, demand Kunal Ghosh's arrest 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

SFIO probing firms involved in WB chit fund scam: Sachin Pilot

The Centre is investigating the West Bengal chit fund schemes with the Corporate Affairs Ministry setting up a special panel. ...
03:30 PM, Apr 29, 2013

WB Assembly adjourned till tomorrow after obituary reference Kolkata: Day one of West Bengal Chief Minister Mamata Banerjee's Assembly test has been deferred. The West Bengal Assembly has been adjourned for the day after an obituary reference. A special 2-day session had been called by Governor MK Narayanan to discuss the chit fund scam. It has not just wiped away crores of investor money but also put several TMC and Congress ministers under scrutiny. The government is hoping...  
12:23 PM, Apr 29, 2013

WB Assembly's special session on chit fund scam to begin today Kolkata: West Bengal Chief Minister Mamata Banerjee is getting ready to face the Opposition fire in the state Assembly. A special 2-day session has been called by Governor MK Narayanan from Monday to discuss the chit fund scam in the state. It has not just wiped away crores of investor money but also dragged the Trinamool Congress and Congress ministers into the mess. The scam is also getting bigger with...  
10:44 AM, Apr 29, 2013

WB chit fund scam hits the state's film industry 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

Chit fund scam: Sudipta Sen interrogated by Assam Police
by IANS
Kolkata: Scam-ridden Saradha Group boss Sudipta Sen, arrested for being the alleged kingpin of the multi-billion rupee chit fund scam, was grilled by Assam Police in the cases of fraud and forgery lodged against him in the state, police sources in Kolkata said on Sunday. A team of police officers from Assam quizzed Sen on Saturday and Sunday about the four cases filed against his group companies in the northeastern...  
04:16 AM, Apr 29, 2013

WB chit fund scam: 'Sudipta Sen cooperating with investigators' Kolkata: Sudipta Sen, Saradha group chairman accused of duping lakhs of investors, is cooperating with investigators, his lawyer claimed on Sunday. As per court order he was present when Sen was interrogated, Samir Das, Sen's lawyer said. Sen, along with Ponzi scheme director Debjani Mukherjee and company official Arvind Singh Chouhan have been remanded to police custody for 14 days. Chouhan, who has been kept in a separate place, is...  
09:48 PM, Apr 28, 2013