Fund

  • Saradha scam: ED freezes bank accounts of Mohun Bagan, East Bengal football clubs Yesterday

    Kolkata: Two prominent football clubs in West Bengal - Mohun Bagan and East Bengal - are facing the heat in the multicrore Saradha chit fund scam. The Enforcement Directorate has frozen the bank accounts of the two clubs and is also likely to act against another two - Bhowanipore and Kalighat...
  • Saradha scam: Kunal Ghosh, Debjani Mukherjee produced in court today 2 days ago

    Kolkata: Suspended TMC MP Kunal Ghosh and Saradha Chairman Sudipta Sen's associate Debjani Mukherjee have been produced in a city court. Sudipta Sen had alleged to the Central Bureau of Investigation that Kunal Ghosh had taken money from Saradha. Ghosh, who was considered close to West Bengal Chief Minister Mamata...
  • India is a long-term bet, but only with good policies and economic support, says Rajeev Bhaman 4 days ago

    India is a strong long-term bet, but only if policy and economic support comes in says Rajeev Bhaman of Oppenheimer-funds. Speaking to CNBC-TV18'S Shereeen Bhan, Bhaman says that the indices do not necessarily show a full picture of the India story since most of the euphoria is in a small...
  • Odisha's former AG Ashok Mohanty gets conditional bail in the chit fund scam 5 days ago

    Bhubaneshwar: Conditional bail was on Friday granted by a local court to Odisha's former Advocate General Ashok Mohanty, who was earlier arrested by the CBI in connection with a chit fund scam for his alleged links with Artha Tatwa Group's CMD Pradip Sethi. District and Sessions Judge, Khurda, Durga Prasad...
  • CBI carries out searches in chit fund scam 5 days ago

    New Delhi: CBI on Thursday carried out searches at least 15 locations, including Bhubaneshwar Institute of Technology and residences and offices of senior officials of Seashore Group, spread across four states, in connection with multi-crore rupee chit fund scam. They said that searches have also been conducted at Bhubaneswar Institute of...
  • Bullet News: Catch the day's top stories 6 days ago

    Bullet News is CNN-IBN's non-stop prime time bulletin where we bring to you the day's top stories from around the world. Be it politics, sports, entertainment or business, catch it here, only in 30 minutes. ...
  • India @ 9 with Bhupendra Chaubey 6 days ago

    Catch the day's top stories on India @ 9 with Bhupendra Chaubey from New Jersey. ...
  • News 360: ISRO orbiter Mangalyaan sends Mars pictures 6 days ago

    It's been just 12 hours since India's first interplanetary mission, the Mars orbiter, entered the red planet's orbit successfully and it is already hard at work. The Mangalyaan has sent back five photographs of Mars. The Indian Space Research Organisation (ISRO) confirmed that their ground station had receieved the first...
  • Saradha scam: TMC MP Subhendu Adhikary summoned by CBI 1 week ago

    Kolkata: Trinamool Congress MP Subhendu Adhikary has been summoned by CBI in the Saradha Chit Fund scam. Adhikari's name has repeatedly cropped up in the case. On Tuesday, main accused Sudipta Sen's aide Arvind Chauhan had told CBI that Adhikari met Sudipta days before the latter went into hiding. Suspended party...
  • Saradha scam: Sudipta Sen's aide names TMC leader Mukul Roy 1 week ago

    Kolkata: In a fresh twist in the Saradha chit fund scam, the main accused Sudipto Sen's driver and assistant has pointed fingers at senior Trinamool Congress (TMC) leader Mukul Roy. Arvind Singh Chouhan told the Central Bureau of Investigation (CBI) on Tuesday that Roy and TMC MP Subhendu Adhikari met Sen...
  • Tamil Nadu: CM Jayalalithaa announces Rs five lakh cash relief to family of fisherman 1 week ago

    Chennai: Tamil Nadu Chief Minister J Jayalalithaa on Tuesday condoled the death of a fisherman from the state who was shot dead in Bahrain-Qatar border and ordered a cash relief of Rs five lakh to his family. T Karthikeyan of Ramanathapuram district, who...
  • Chitfund scam: Legal fraternity shocked over exAG's arrest in Odisha September 22, 2014

    Cuttack: Terming the arrest of former advocate General (AG) Ashok Mohanty by CBI as "unfortunate", the legal fraternity here today criticised the CBI accusing it of highhandedness. State Bar Council Chairman Manas Ranjan Mohapatra reacting to the arrest said CBI has arrested the former AG with political...
  • Odisha chit fund scam: CBI to take exAG on remand for two days September 22, 2014

    Bhubaneswar: A special court on Monday allowed CBI to take exadvocate general Ashok Mohanty on remand for two days in connection with a chit fund scam. Mohanty, arrested for alleged link with the chit fund scamtainted Artha Tatwa Group (AT), was produced in the court of the Special Chief Judicial...
  • Bullet News: Catch the day's top stories September 22, 2014

    Bullet News is CNNIBN's nonstop prime time bulletin where we bring to you the day's top stories from around the world. Be it politics, sports, entertainment or business, catch it here, only in 30 minutes. ...
  • India @ 9 with Bhupendra Chaubey September 22, 2014

    Catch the day's top stories on India @ 9 with Bhupendra Chaubey from Times Square, US. ...
  • News 360: Mangalyaan's engine successfully testfired, Mars mission goes into final lap September 22, 2014

    The Indian Space Research Organisation on Monday successfully test fired the main liquid engine of India's Mars Orbiter Mission, which has been in sleep mode for 10 months. The Mars Orbiter Mission will enter the red planet's atmosphere on September 24. ...
  • Odisha chit fund scam: Former Odisha Advocate General Ashok Mohanty arrested September 22, 2014

    Bhubaneswar: The former Odisha Advocate General Ashok Mohanty has been arrested in connection with the Rs 20,000 chit fund scam. Mohanty was first interrogated by the CBI on September 13. He had stepped down from office after the CBI had summoned him in the case earlier this year. According to sources,...
  • Nepal seeks technical cooperation from India for extending Provident Fund September 20, 2014

    New Delhi: Nepal on Saturday sought technical cooperation from India for extending Provident Fund in organised and unorganised sectors in that country. A delegation led by Secretary of Nepal Prime Minister and Employees Provident Fund (EPF), Nepal chief Durga Nidhi Sharma met Union Labour Minister Narendra Singh Tomar and held deliberations...
  • IMF, World Bank warn of renewed Gaza violence September 17, 2014

    Jerusalem: The World Bank and International Monetary Fund warned that insufficient funding and political efforts to rebuild Gaza would make economic recovery almost impossible and lead to further violence. The warnings came three weeks after Israel and Hamas signed a ceasefire to end 50 days of conflict, and as the...
  • One million newborns die within 24 hours of birth: UN September 17, 2014

    United Nations: One million babies each year died within 24 hours of birth from mostly preventable causes, a UN report said on Tuesday. The 2014 Committing to Child Survival, a Promise Renewed progress report showed that many of these deaths could be easily prevented with simple, costeffective interventions before, during and...
  • CBI grills BJD MLA in connection with Odisha chit fund scam September 16, 2014

    Bhubaneswar: The Central Bureau of Investigation on Tuesday grilled Biju Janata Dal MLA Pravat Tripathy in connection with the Rs 20,000 crore Odisha chit fund scam. CBI sleuths had raided his house in August. Tripathy was alleged to have links with the prime accused of chit fund scam. So far,...
  • Chit fund case: BJD MLA Pravat Kumar seeks anticipatory bail September 16, 2014

    Cuttack: Senior Biju Janata Dal leader and Banki MLA Pravat Kumar Tripathy today approached the Orissa High Court seeking anticipatory bail following the raid of his houses by the Central Bureau of Investigation. "Since the CBI officials had raided my houses, I apprehend that the investigating agency could arrest me any...
  • Two high profile arrests in Odisha chit fund scam September 15, 2014

    Bhubaneswar: The Central Bureau of Investigation on Sunday made two high profile arrests in the Rs 20,000 crore chit fund scam in Odisha. CBI sleuths arrested Madhu Mohanty, the owner of an Odia newspaper and Manoj Das, who owns a local news channel. Names of several BJD leaders including those linked to...
  • Islamic State group's war chest is growing daily September 14, 2014

    Washington: Islamic State militants, who once relied on wealthy Persian Gulf donors for money, have become a selfsustaining financial juggernaut, earning more than $3 million a day from oil smuggling, human trafficking, theft and extortion, according to US intelligence officials and private experts. The extremist group's resources exceed that "of any...
  • Mamata's decline: It's now Ma, Mati, Mafia September 13, 2014

    Mamata Banerjee belongs to the dwindling tribe of regional politicians who look upon their profession through a partisan lens, which means that their focus is almost entirely on advancing the prospects of their parties. They have neither the ability nor the inclination to do anything for their states. Some are also...
  • Allow us to donate part of MPLAD fund for J&K: Sitaram Yechury to Hamid Ansari September 13, 2014

    New Delhi: CPI(M) leader Sitaram Yechury on Saturday urged Rajya Sabha Chairman Hamid Ansari to permit MPs to donate part of their MPLAD funds for relief and rehabilitation work in floodravaged Jammu and Kashmir. In a letter to Ansari, he said, "it has been the usual practice that such a...
  • J&K floods: Punjab IAS officials to donate a day's salary for relief September 13, 2014

    Chandigarh: IAS officers of Punjab have decided to donate one day salary for Jammu and Kashmir flood relief fund. Disclosing this on Saturday, Suresh Kumar, President, Punjab IAS Officers Association, said IAS officers of Punjab have decided to express their solidarity with the flood affected people of Jammu and Kashmir...
  • India's foreign reserves down $1.32 billion September 13, 2014

    Mumbai: India's foreign exchange reserves fell by $1.32 billion to $317.31 billion for the week ended September 5, Reserve Bank of India (RBI) data showed. The reserves had grown by $60.5 million to $318.64 billion for the week ended August 29. According to the RBI's weekly statistical supplement, foreign currency assets,...
  • Odisha: BJD under scanner over 20,000 cr chit fund scam, advocate general resigns over allegations September 13, 2014

    Bhubaneswar: The ruling BJD is under the scanner over the 20,000 crore chit fund scam in Odisha. State Advocate General Ashok Mohanty has resigned from his post after the Central Bureau of Investigation (CBI) summoned him in the case. Chief Minister Naveen Patnaik has accepted Mohanty's resignation about four months...
  • Nearly 6 billion dollars fund earmarked for disaster mitigation: Rijiju September 11, 2014

    Washington: Union Minister of State for Home Affairs Kiren Rijiju has said that the Indian government has earmarked 10 per cent of funds in all Centresponsored development programmes for disaster mitigation, which amounts to about $5.5 billion for the current fiscal. "India is a leading country now in disaster management. We...