FUND

  • Odisha chit fund scam: CBI should probe Patnaik's role, says LoP, state Assembly 4 days ago

    The opposition parties in Odisha have upped their ante against Chief Minister Naveen Patnaik and have now demanded his resignation. Speaking to CNN-IBN, Leader of the Opposition in the Odisha Assembly, Narsingh Mishra said that after his close aide Saroj Sahu, the CBI should now probe Chief Minister Naveen Patnaik. ...
  • Odisha chit fund scam: Opposition up the ante against CM Patnik, demand his resignation 4 days ago

    Bhubaneshwar: The opposition parties in Odisha have upped their ante against Chief Minister Naveen Patnaik and have now demanded his resignation. The remarks came after Patnaik's close aide Saroj Sahu was questioned by the Central Bureau of Investigation in connection with the chit fund scam. The Biju Janata Dal continues...
  • Odisha chit fund scam probe reaches CM office, CBI questions Patnaik aide 5 days ago

    Bhubaneswar: The Central Bureau of Investigation probe into the multi-crore Odisha chit fund scam reached the doorsteps of Chief Minister Naveen Patnaik's office on Saturday. Patnaik's residence office assistant Saroj has been questioned by the CBI in connection with the case. He was grilled for almost 1.5 hours by the CBI...
  • Saradha scam: TMC cornered as party MPs come under CBI scanner 5 days ago

    Kolkata: It is a big embarassment for the ruling Trinamool Congress party (TMC) as Central Bureau of Investigation (CBI) has arrested its Rajya Sabha MP Srinjoy Bose for alleged involvement in the Saradha scam. He is the third TMC leader and second TMC MP to be arrested in the case....
  • Saradha scam: CBI questions Odisha CM's former aide; opposition unwilling to relent 5 days ago

    Bhubaneshwar: The Central Buraeu of Investigation (CBI) on Friday issued summons to Rajya Sabha member and former Biju Janata Dal (BJD) leader Pyarimohan Mohapatra over Saradha chit fund scam. "If tomorrow CBI thinks that Naveen Patnaik has some facts to reveal, then they might summon him also, this is...
  • Saradha scam: Odisha CM Naveen Patnaik faces heat in CBI probe, close aide questioned 5 days ago

    Bhubaneshwar: The Central Buraeu of Investigation (CBI) on Friday issued summons to Rajya Sabha member and former Biju Janata Dal (BJD) leader Pyarimohan Mohapatra over Saradha chit fund scam. Former chief political advisor of Naveen Patnaik for more than a decade, Pyarimohan Mohapatra's house was also raided earlier this week....
  • CBI summons former BJD leader Pyarimohan Mohapatra over Saradha chit fund scam 6 days ago

    Bhubaneshwar:Central Buraeu of Investigation (CBI) on Friday issued summons to Rajya Sabha member and former Biju Janata Dal (BJD) leader Pyarimohan Mohapatra over Saradha chit fund scam. Odisha Assembly adjourned for the second day due to protest by opposition over the chit fund scam. Mohapatra was questioned by CBI in Bhubaneswar. His...
  • Jolla plans to launch a budget Sailfish tablet; aims to take on Nokia N1, Nexus 9, iPad Mini 3 1 week ago

    Helsinki: Finland's Jolla, a group of ex-Nokia software developers, announced a plan to launch a crowd-sourced tablet computer just a day after Nokia said it was reviving its consumer brand by entering the tablet market. Jolla was founded by Nokia's former MeeGo software team that was shut down after the Finnish...
  • Odisha chit fund scam: CBI conducts raids at CM's former aide Pyarimohan Mohapatra's residence November 18, 2014

    Bhubaneswar: The Central Bureau of Investigation sleuths are conducting raids at 22 premises including the residence of former Naveen Patnaik aide Pyarimohan Mohapatra in connection with the multi-crore chit fund scam. The raids are being held to probe the alleged involvement of 'Seashore Group' in the scam. Mohapatra, a former Biju...
  • MP Sachin Tendulkar decides to adopt Puttamraju Kandrika village in Andhra November 15, 2014

    Nellore (Andhra Pradesh): Rajya Sabha member and legendary cricketer Sachin Tendulkar arrived at the Krishnapatnam port near on Saturday evening, on his way to a village which he has decided to adopt. Tendulkar was accorded a warm welcome by the port officials. He also received a guard of honour by the...
  • Ex-TMC MP, Saradha scam accused Kunal Ghosh attempts suicide in jail, consumes 51 sleeping pills November 14, 2014

    Kolkata: Suspended Trinamool Congress (TMC) leader and prime accused in the Saradha chit fund scam Kunal Ghosh attempted suicide on Friday by an overdose of sleeping pills in Kolkata's Presidency jail. Ghosh in a suicide note has claimed that he consumed 51 sleeping pills. He has been admitted to the SSKM...
  • ICICI bank extends help to PM relief fund, contributes Rs 12 crore November 5, 2014

    New Delhi: ICICI Group on Wednesday made a contribution of Rs 12 crore towards the 'Prime Minister's National Relief Fund' for the people affected by the natural calamities in Jammu & Kashmir, Assam, Meghalaya and Andhra Pradesh. Commenting on the situation in these states, ICICI Bank chief Chanda Kochhar said,...
  • It's not setback for BJD: Odisha CM on chitfund scam arrest November 5, 2014

    The CBI on Tuesday arrested BJD MP Ramchandra Hansda in connection to Rs 20,000 crore Odisha chit fund scam. The BJD leader and Odisha Chief Minister Naveen Patnaik on Wednesday said, "It's not setback for BJD. They are individual. The law will take its own course" ...
  • Odisha: Political bigwigs in CBI net for alleged involvement in chit fund scam November 5, 2014

    The CBI sleuths made three high profile arrests in ten days for their alleged involvement in the Rs 20,000 crore Odisha chit fund scam. ...
  • No one is above law: BJP on MP Hansda suspension November 4, 2014

    Biju Janata Dal on Tuesday evening suspended its MP Ramchandra Hansda and former MLA Subarna Naik who was arrested in Odisha Chitfund scam earlier in the day. ...
  • BJD suspends MP Ramchandra Hansda arrested in Odisha chit fund scam November 4, 2014

    Bhubaneswar: Biju Janata Dal on Tuesday evening suspended its MP Ramchandra Hansda and former MLA Subarna Naik who was arrested in Odisha Chitfund scam earlier in the day. Earlier on Tuesday, the Central Bureau of Investigation arrested the BJD MP along with former BJP MLA Hitesh Kumar Bagartti and former-BJD MLA...
  • Odisha chit fund scam: CBI arrests BJD Lok Sabha MP, 2 former MLAs November 4, 2014

    Bhubaneswar: The Central Bureau of Investigation on Tuesday made three high profile arrests in connection with the Rs 20,000 crore Odisha chit fund scam. Biju Janata Dal MP Ram Chandra Hansdah has been taken into custody. Former BJP MLA Hitesh Kumar Bagartti and ex-BJD MLA Subarna Naik have also been arrested...
  • CBI arrests Odisha MLA in chit fund scam October 31, 2014

    Bhubaneswar: The CBI on Friday arrested a ruling BJD MLA in Odisha for his alleged complicity with Artha Tatwa Group chief Pradip Sethy, who has duped thousands through a chit fund scam in the state. The Central Bureau of Investigation (CBI), probing the chit fund scam, interrogated Banki constituency MLA Pravat...
  • Centre urged to review policy of funding on population October 29, 2014

    Itanagar: Arunachal Pradesh Tribal Affairs Minister Kalikho Pul has urged Centre to review population criterion for releasing grants and make it based on the requirement of the state. A tribal state inhabited by the indigenous Scheduled Tribe population of 9,51,821 (68.78 per cent) of its 13,83,727 total population as per...
  • Sebi bars MRDT, MRDF from fund raising via issue of securities October 27, 2014

    Mumbai: Market regulator Sebi barred Madurai Rural Development Transformation India and its group firm from raising funds from investors through issuance of securities and also restricted the companies and its directors from dealing in capital markets. The Securities and Exchange Board of India (Sebi) found that Madurai Rural Development Transformation...
  • JKNPP accuses PM Modi of entering a 'secret deal' with Omar Abdullah October 26, 2014

    Jammu: The JKNPP on Sunday alleged that Prime Minister Narendra Modi's recent visit to Srinagar to celebrate Diwali with the flood-hit people of Kashmir was aimed at "reaching a secret bargain" with Chief Minister Omar Abdullah. "The Prime Minister bargained with Omar Abdullah, allowing him (PM) to misuse all the relief...
  • DLF ban: Mutual Funds say Sebi should not enforce all its rules on them October 26, 2014

    Mumbai: As DLF is unable to redeem mutual funds worth Rs 2,500 crore in view of Sebi's ban on the largest builder in a case pertaining to its IPO in 2007, MFs have said that the capital market regulator should not enforce all its rules on them. "As a sectoral regulator,...
  • Odisha: HC gives interim relief to lawyer till Octpber 30 in Chit fund scam case October 22, 2014

    Cuttack: The Orissa High Court on Wednesday granted interim protection from arrest till October 30 to a lawyer who has been booked by CBI in connection with the chit fund scam. CBI in June this year had booked Debashis Panda, a High Court lawyer, for alleged offences under several sections...
  • Foreign employees to get PF money in their own countries October 21, 2014

    New Delhi: Retirement fund body EPFO has started a new facility to transfer provident funds of foreign employees to bank accounts in their own countries. The facility will help international workers to avoid opening of bank accounts in India for settling their PF claims with with the Employees' Provident Fund Organisation...
  • Jammu and Kashmir: Flood victims pin hope on PM's visit October 21, 2014

    Srinagar: Thousands of people rendered homeless by the deluge in Jammu and Kashmir last month are pinning their hopes on Prime Minister Narendra Modi's Diwali visit to the Valley, expecting him to announce a substantial package that can help them rebuild their homes before the onset of winter. "We are...
  • West Bengal: Congress to table no-confidence motion against TMC government October 18, 2014

    Kolkata: The Congress in West Bengal has decided to table a no-confidence motion against the Trinamool Congress government next month, state party chief Adhir Ranjan Chowdhury said on Saturday. The Congress members would utilise the discussions to attack the Trinamool on issues like the Saradha chit fund scam, the student protests...
  • SS Thaman's concert to raise funds for Hudhud victims October 18, 2014

    Hyderabad: Composer S.S. Thaman will perform on Sunday at Thaman Unplugged Music for a cause. The proceeds from the concert will be donated to the Chief Minister's relief fund for the victims of Hudhud cyclone in Andhra Pradesh. The event will take place at Hard Rock Cafe. Actors such as Akkineni Naga...
  • Saradha scam: CBI questions Kunal Ghosh in jail October 11, 2014

    Kolkata: The Special Crime Branch of CBI on Saturday questioned Saradha scam accused Kunal Ghosh in jail as per the court order of September 29. CBI sources said that the investigating team went to Presidency Correctional Home and questioned Ghosh under Section 161 of CrPC (examination of witnesses by police)....
  • Naomi Campbell will launch fashion shows to fight Ebola October 11, 2014

    New York: Supermodel Naomi Campbell will launch benefit fashion shows in February to help raise funds to fight Ebola. Campbell, 44, said wants to stage one star-studded show during New York Fashion Week in February and another to follow in London, reported New York Post. "I'm scared," admitted Campbell of...
  • Patna stampede: Rs 68 lakh released from PM's relief fund October 10, 2014

    New Delhi: The Prime Minister's Office has released over Rs 68 lakh from the PM's National Relief Fund to the Bihar government as ex-gratia to be paid to the relatives of those killed in the Patna stampede and those grievously injured. "The total involved amount of Rs 68.50 lakh for 33...