New Delhi: Mira Nair, who is equally at home directing stories from the sub-continent and from Hollywood, has merged both the worlds in 'The Reluctant Fundamentalist', a coming-of-age story where she deals with questions of identity and belonging. The director, who has previously helmed films like 'Salaam Bombay', 'Mississippi Masaala', 'Monsoon Wedding' and 'Amelia', has adapted Pakistani author Mohsin Hamid's novel to show a young Pakistani's love and subsequent disillusionment...
03:46 PM, May 14, 2013
Kolkata: Violence broke out on Tuesday at an anti-chit fund rally, held by Democratic Students Organisation (student wing of Socialist Unity Centre of India) in Kolkata. Police had to resort to lathicharge to disperse the participants of the rally, who were trying to hold a law violation programme. There are reports of injuries on both sides. More details are awaited. ...
03:35 PM, May 14, 2013
Critically acclaimed actor Rajesh Sharma, who has acted in films such as "Maachis", "Ishqiya", "No One Killed Jessica", "The Dirty Picture" and "Luv Shuv Tey Chicken Khurana", joined IBNLive readers for an interaction on his future projects and his experience of acting in the Bengali film "Kagojer Nouka (Paper Boat)" which is based on the chit fund bust in eastern India. Q. Will this movie have English subtitle..for those who...
03:25 PM, May 14, 2013
Kolkata: A West Bengal government owned film centre in Kolkata has reportedly refused to screen a movie on the chit fund scam. State-owned Nandan film centre says it will not screen the movie 'Kagojer Nouka' (which means Paper boat). The movie's director has alleged that the cinema hall authorities have not previewed the film despite submitting documents well in advance. The film has also not found any takers among multi-plexes...
12:12 PM, May 14, 2013
Bhubaneswar: Weeks after CNN-IBN reported a political nexus in Odisha's Rs 20,000 crore investment scam, the crime branch has now arrested the owner of another financial company. The arrested owner of Artha Tatwa, Pradip Sethi, has alleged that ministers, MLAs, top politicians and bureaucrats are also involved in the financial scam. He has claimed that he has video and audio evidence to prove the involvement of politicians. Pradip has now...
09:30 AM, May 14, 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: A deposit firm agent committed suicide, while police quizzed a CEO of a company under the Saradha group banner Monday as West Bengal continued to grapple with the fallout of the chit fund scam, purported to be the biggest financial scandal to hit the state. Ujjwal Samaddar, 27, who worked for Sanmarg, a chit fund company, was found hanging on Sunday in his home in north 24 Parganas district's...
04:45 AM, May 14, 2013
New Delhi: Punjab on Monday demanded that the Centre should double the amount of compensation given under State Disaster Relief Fund (SDRF) for crop damaged beyond 50 per cent. The present limit of the compensation is Rs 6,000 per hectare. Keeping in view the rising input costs in agriculture and its vulnerability to adverse climatic challenges it becomes imperative to double the compensation amount immediately, Punjab's Revenue & Rehabilitation Minister...
03:15 AM, May 14, 2013
Barasat: The chit fund scam in West Bengal claimed its twelfth victim on Monday with an agent of a ponzi scheme found hanging in his home at Basirhat in West Bengal's North 24 Parganas district. Police said the body of Ujjwal Samaddar, a 27-year-old agent of Sanmarg ponzi scheme, was found hanging in his home at Harishpur village on Monday morning. Samaddar's neighbours said a group of of depositors had...
08:29 PM, May 13, 2013
Bhubaneswar: Chief of controversial non-banking financial institution (NBFI) Artha Tatwa (AT) Group Pradip Sethi, was arrested and sent to jail on Monday on charges of cheating investors in different parts of Odisha. Sethi, who was playing hide and seek with police for the past three months, was finally nabbed on Sunday night and produced in a court here on Monday. "Sethi has been remanded to judicial custody for 14 days,"...
05:50 PM, May 13, 2013
Jalpaiguri: A daily wage farm labourer on Monday allegedly attempted to commit suicide after losing money in Saradha chit fund scam. Sixteen-year-old Sahanur Rahman tried to end his life by drinking pesticide Monday morning at his home near here, the police said. He had invested Rs 75,000 with Saradha chit fund group after being lured by a promise of higher returns, sources said. He was in depression since the chit...
02:39 PM, May 13, 2013
Mumbai: Director Mira Nair will receive German Film Award for Peace, The Bridge 2013, for her movie 'The Reluctant Fundamentalist'. The 55-year-old will be honoured with the award on July 4 at Cuvillies Theatre, Munich for her outstanding film and direction, said a statement. The Prime Minister of Bavaria, the Bernhard Wicki Memorial Fund and the Umbrella Organization of the German Film Industry will also be the part of the...
01:40 PM, May 12, 2013
Chakdah: Seeking to turn the tables on the Marxists for demanding CBI probe in the chit fund scam, Trinamool Congress leader Mukul Roy on Saturday night alleged that most of the chit funds came up during the Left front regime. "If the investigations start now, many CPI(M) leaders may come under net. The CPI(M) is demanding CBI inquiry to actually delay the probe process," the former union minister alleged at...
12:40 AM, May 12, 2013
Kolkata: Sudipta Sen's alleged aide Debjani Mukherjee, who was arrested in connection with the West Bengal chit fund scam, distanced herself from the Saradha Group chairman through a letter that was made public by her lawyers. Debjani in her letter, alleged that Sudipta masterminded the racket while she was merely a salaried employee who was manipulated. She also blamed the media for misrepresenting her relationship with Sudipta. Mamata government has...
05:22 PM, May 11, 2013
CNN-IBN had exposed how 40 financial companies in Odisha had duped investors of more than Rs 20,000 crore. ...
03:18 PM, May 11, 2013
Doswell: Boston Marathon bombing suspect Tamerlan Tsarnaev has been buried in a cemetery in central Virginia, infuriating some members of the area's Islamic community who say they weren't consulted and flooring at least one neighbor who said she didn't even know she lived near a burial ground. The secret interment this week at a small Islamic cemetery ended a frustrating search for a community willing to take the body, which...
07:35 AM, May 11, 2013
Kolkata: Chit fund aided Saradha Group promoter Sudipta Sen's close aide Debjani Mukherjee on Friday claimed she was only a "trustworthy employee" of Sen and that she was sacked for raising her voice against the company's fund collection method. "When I found out that my boss was doing business in a way that was against my principles, I started raising my voice against him. Not considering my dedication towards the...
05:40 AM, May 11, 2013
Bhubaneswar: In a major crackdown on chit fund companies and other non-banking financial institutions, Odisha Police on Friday launched statewide raids and arrested as many as 110 people involved in the trade. "Our sleuths raided 185 places and 97 cases have been registered. This is for the first time that a statewide raid is conducted on a single day," said Additional Director General (ADG), Crime Branch, BK Sharma. Stating that...
03:09 AM, May 11, 2013
Kolkata: The Saradha Group chit fund fiasco has inspired a new movie in West Bengal. Tollywood has drawn inspiration from the Saradha Group collapse. All eyes are now on the latest release, 'Kagojer Nouka' or 'The Paper Boat', which metaphorically means an object that doesn't stay afloat for a long time. Incidentally, the film stars Dadasaheb Phalke-winner Soumitra Chatterjee playing the character of the prototype of Saradha boss and scamster...
09:14 AM, May 10, 2013
New Delhi: The Left parties on Thursday sought a court-monitored CBI probe into the West Bengal chit fund scam and accused the Trinamool Congress-led government of not intervening to check activities of companies with suspicious financial dealings in the state. Senior leaders of Communist Party of India-Marxist, the Communist Party of India, the Revolutionary Socialist Party and Forward Bloc met President Pranab Mukherjee and Prime Minister Manmohan Singh separately and...
03:25 AM, May 10, 2013
