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 allegations of Trinamool patronage to the ponzi scamsters, Mamata's only advantage is that the Left in disarray.
"There is no major challenge to Trinamool. CPM hasn't got its act together in Bengal, it is true that collapse of ponzi schemes particularly Saradha has created a crisis," TMC MP Saugata Ray....
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07:59 AM, May 20, 2013
Bhubaneswar: Alleging rampant corruption and plundering of BPL rice, minerals and from gullibles through chitfund during BJD rule in Odisha, Congress on Sunday claimed it would capture power in the next polls by dumping the Naveen Patnaik government in Bay of Bengal. Addressing a function to accord a reception to the new OPCC President Jayadeb Jenan, senior party leaders including Union Minister Srikant Jena slammed the BJD government of failing...
03:10 AM, May 20, 2013
'The Reluctant Fundamentalist' tries to explore the plight of an educated Pakistani man working in Wall Street. ...
05:06 PM, May 19, 2013
Kolkata: In the backdrop of the chit fund scam, the State Bank of India on Saturday said Reserve Bank of India or Securities and Exchange Board of India should take up major campaigns to create awareness among investors being lured to ponzi schemes. "RBI...or SEBI should begin a major campaign in line with Jago Grahak Jago, woolmark or hallmark (gold) to create awareness among the investors about these ponzi schemes,"...
08:20 AM, May 19, 2013
Bhubaneswar: Continuing its action against chit fund companies and others duping investors, police on Saturday sealed the corporate office of Seashore Group and took Artha Tatwa group chief Pradip Sethi to its custody for four days. The Crime Branch failed to arrest Seashore Group chief Prashant Das, who obtained an anticipatory bail from the Orissa High Court, but sealed its corporate office and seized certain documents and computers, said Crime...
10:13 PM, May 18, 2013
Kolkata: West Bengal chit fund scam accused Sudipta Sen and Arvind Chauhan have been remanded to judicial custody till May 22. The court has reserved order on the third accused Debjani Mukherjee as she is in hospital. Mukherjee was admitted after complaining of stomach ailment. Meanwhile, Congress workers protested in Kolkata against TMC leader Kunal Ghosh, who is alleged to have links in the case. On Friday, the manager and...
04:23 PM, May 18, 2013
New Delhi: It's a story that we have heard before. Perhaps different versions, but the milieu has been the same- of that of the plight of innocent south Asians in US post 9/11. Mira Nair's latest 'The Reluctant Fundamentalist' tries to explore the plight of an educated Pakistani man working in Wall Street post the terror attack. While the subject is not new- several films, documentaries and books have been...
10:56 AM, May 18, 2013
Bhubaneswar: At least 177 people were arrested in different parts of Odisha during the past week for their involvement in illegal money circulation and chit fund activities, a police official said on Friday. The crackdown on the firms began May 10, 2013 and about 200 offices of 84 companies were raided, Rajesh Kumar, deputy inspector general (economic offence wing) of the crime branch police, told IANS. The arrested include two...
05:45 AM, May 18, 2013
Bhubaneswar: With investors across Odisha demanding action against the chit fund companies which duped them of crores of rupees, opposition BJP and Congress on Friday respectively demanded judicial probe and CBI investigation into the matter. "As one chief of an accused chit fund company has said that some ministers and MLAs are hand-in-glove with him to cheat people, the government must reveal their names and announce a judicial probe into...
11:01 PM, May 17, 2013
New Delhi: Against the backdrop of recent chit fund controversy in West Bengal, a Parliamentary committee on Friday slammed such schemes with demands for putting in place a single regulator to oversee their functioning or scrapping them altogether. The Parliamentary Standing Committee on Finance closely scrutinised the functioning of such schemes which recently led to a series of suicides in West Bengal. Senior officials from RBI, CBDT, SEBI, Corporate Affairs...
07:40 PM, May 17, 2013
Acclaimed filmmaker Mira Nair's 'The Reluctant Fundamentalist' is based on a novel of the same name by Mohsin Hamid, and stars Riz Ahmed and Kate Hudson in the pivotal roles. Shabana Azmi and Om Puri will also be seen in the film. The film is about the meteoric rise and fall of a Pakistani migrant in the US. It shows a young man chasing corporate success on Wall Street and...
06:24 PM, May 17, 2013
Actor Arjun Kapoor's second movie 'Aurangzeb', where he plays a double role, released on Friday. The film also stars Rishi Kapoor and southern star Prithviraj. Another movie which hits the screens on Friday is 'The Great Gatsby'. It is a 3D adaptation of F Scott Fitzgerald's novel of the same name. The film which stars Leonardo DiCaprio also has Amitabh Bachchan in a cameo. Bachchan plays a shrewd and flamboyant ...
10:41 AM, May 17, 2013
Kolkata: West Bengal's Mamata Banerjee led government on Thursday released a performance report, claiming the state has clocked a growth rate higher than that of the overall country during the nearly two years it has been in power. The performance report showcasing the achievements of the state government was released at the state secretariat, four days before the regime completes two years in office. Making public the report titled "Powering...
11:35 PM, May 16, 2013
Kolkata: The Saradha chit fund scam's suspected kingpin Sudipta Sen who earlier had reached out to the CBI accusing West Bengal's ruling Trinamool Congress of complicity in the swindle, has now approached the court opposing probe by the central agency. Sen, now behind bars, has not only filed an affidavit in the Calcutta High Court expressing faith in the state government's investigation as opposed to a Central Bureau of Investigation...
10:30 PM, May 16, 2013
Bhubaneswar: After nabbing over 160 people across Odisha on charges of running or helping illegal money laundering, the Economic Offence Wing (EOW) of the Crime Branch (CB), arrested two employees of Saradha Group on Thursday. The EOW took Basudev Samal and BN Das into custody on charge of helping Saradha Group chief to cheat gullible investors in Balasore district. While Samal was working as the branch manager of Saradha group's...
10:28 PM, May 16, 2013
Kolkata: Observing that "time has not come" for a Central Bureau of Investigation (CBI) probe into the Saradha chit fund scam, the Calcutta High Court on Thursday refused to accept a plea in this regard but said it will consider it after fully hearing the matter. A bench of Justices AK Banerjee and MK Chowdhury, which on Thursday started hearing afresh a set of public interest litigations seeking a CBI...
07:55 PM, May 16, 2013
New Delhi: Acclaimed filmmaker Mira Nair's 'The Reluctant Fundamentalist' is hitting the Indian screens on Friday, May 17. The film is based on a novel of the same name by Mohsin Hamid, and stars Riz Ahmed and Kate Hudson in the pivotal roles. Shabana Azmi and Om Puri will also be seen in the film. The film is about the meteoric rise and fall of a Pakistani migrant in the...
04:20 PM, May 16, 2013
Kolkata: Saradha group chairman Sudipta Sen, who has been accused of cheating lakhs of investors of their money running into thousands of crores, on Wednesday opposed a Central Bureau of Investigation (CBI) probe into the complaints against him and his companies in an affidavit filed before the Calcutta High Court. He claimed before a division bench comprising Chief Justice Arun Mishra and Justice Joymalyo Bagchi that the Special Investigation Team...
10:20 AM, May 16, 2013
Thirty six years ago a young Vinod Sahni crossed the Line of Control as Agent 22. After months as an active spy, Sahni was captured and given 11 years in a Pakistani jail. After undergoing inhuman pain and torture for 11 years, When he returned to India, Sahni found his recruiters had ignored his family. Vinod Sahni, former Indian spy who served in a Pakistani jail, joined IBNLive readers for...
05:48 PM, May 15, 2013
