FUND

  • Saradha scam accused Madan Mitra to be discharged from hospital 10 hours 48 minutes ago

    Kolkata: West Bengal Transport and Sports Minister Madan Mitra, who was arrested in the multi-crore-rupee Saradha scam, is likely to be discharged from hospital Saturday as tests done on him have not revealed anything significant, a hospital official said. Arrested Dec 12 by the CBI for his alleged complicity in the...
  • 'Selfie with Mufflerman' by AAP to raise funds for Delhi polls 1 week ago

    Bengaluru: Karnataka unit of Aam Admi Party on Saturday announced the launch of a new fund raising campaign called "Selfie with Mufflerman" to collect donations for the upcoming Delhi Assembly elections. Out of participating donors in the campaign, 25 would be selected through a lucky draw, who will get an opportunity...
  • BJD scores big in elections, but joy shortlived due to scams 1 week ago

    Bhubaneswar: A record fourth consecutive win in assembly polls failed to retain the upbeat mood in ruling BJD as CBI tightened the noose around party leaders in the multi-crore chitfund scam that rocked Odisha in 2014, arming a marginalised Opposition with political ammunition. Despite the landslide victory, BJD leaders seemed to...
  • Odisha chit fund scam: DSP Pramod Panda arrested by CBI December 19, 2014

    Bhubaneswar: In a major embarrassment for Odisha Police, the CBI on Friday evening arrested a Deputy Superintendent of Police (DSP) Pramod Panda for allegedly deriving undue financial benefits from Artha Tatwa Group, a major player in the multi-crore chitfund scam in the state. "Panda, presently a DSP of Odisha Police is...
  • Mamata slams Centre, alleges CBI functioning as 'department of PMO' December 18, 2014

    New Delhi: Pulling no punches in her attack against BJP for allegedly pursuing "political vendetta" against TMC, West Bengal Chief Minister Mamata Banerjee on Thursday charged that CBI was being used as a "political tool" by the NDA government and was functioning as "a department of the PMO". "We are the...
  • IMF agrees to release $ 1 billion to Pakistan December 18, 2014

    Washington: The International Monetary Fund (IMF) has agreed to release another USD 1.05 billion in financial assistance to Pakistan as part of its effort to help the country overcome economic crisis. With this, the total disbursements under the arrangement is about USD 3.2 billion, a statement said after the IMF Executive...
  • Two years on, not a penny spent from Nirbhaya fund: report December 17, 2014

    Even two years after the government had announced Nirbhaya fund for the benefit of women in distress, not a penny has been spent from the fund, said report. Ranjana Kumari, Director of Centre for Social Research, said, "The UPA in spite of the fact that they promised Rs 1000 crore...
  • CBI pressuring me to name Mamata in Saradha scam, claims Madan Mitra December 17, 2014

    Kolkata: West Bengal minister Madan Mitra, arrested in connection with the multi-crore rupee Saradha chit fund scam, on Tuesday accused the CBI of pressuring him to take the name of Chief Minister Mamata Banerjee in the scam even as a city court denied him bail and extended his custody till...
  • Odisha chit fund scam: CBI arrests Odia TV channel owner Durga Prasad Mishra December 14, 2014

    Bhubaneshwar: The CBI on Sunday arrested Durga Prasad Mishra, owner of a chit fund company and an Odia TV channel MBC TV over a chit fund scam. He was absconding for the last nine months. On November 30, the CBI had questioned senior IPS officer Rajesh Kumar in the Odisha chit...
  • Best officers chosen to probe Saradha scam: CBI chief December 13, 2014

    New Delhi: Newly-appointed CBI Director Anil Kumar Sinha on Saturday said the agency has deputed a Special Investigation Team (SIT) and the best officers from across India to probe the multi-crore rupee Saradha chit fund scam. "Our best officers across the nation have been chosen to probe the Saradha scam. We...
  • Saradha scam: West Bengal Madan Mitra remanded in CBI custody till December 16 December 13, 2014

    Kolkata: West Bengal Transport Minister and Trinmool Congress leader Madan Mitra on Saturday evening has been remanded in Central Bureau of Investigation's custody till December 16 in multi-crore Saradha chit fund scam case. The Minister was arrested by CBI on Friday evening. Earlier on Saturday the standoff between TMC and...
  • Railways have no funds, need big investment: Suresh Prabhu December 13, 2014

    New Delhi: Describing the financial health of Indian Railways as being "too close for comfort", Railways Minister Suresh Prabhu on Friday said there was need for massive investment in the sector. "Railways require big investment. There is no fund for investment. There is requirement of Rs 6 lakh crore to Rs...
  • BJP using undue advantage of power at Centre: TMC on Madan Mitra arrest December 12, 2014

    Kolkata: The Trinmool Congress on Friday evening held a press conference after Central Bureau of Investigation arrested West Bengal Transport Minister and TMC leader Madan Mitra in connection to multi-crore Saradha scam. Reacting sharply on the development, TMC accused Bhartiya Janata Party for taking undue advantage of power and termed the...
  • CBI arrests West Bengal Transport Minister Madan Mitra in the multi-crore Saradha chit fund scam December 12, 2014

    Kolkata: In a huge embarrassment and setback for the Mamata Banerjee government, the Central Bureau of Investigation (CBI) on Friday evening arrested West Bengal Transport Minister and Trinamool Congress leader Madan Mitra in Saradha chit fund scam. The arrest came after the CBI interrogated Mitra for nearly five hours over...
  • A machine that quickly turns raw beans into a freshly brewed cup of coffee at the push of a button December 6, 2014

    Bogota: A German entrepreneur has invented an in-home machine that quickly turns raw beans into a freshly brewed cup of coffee, racking up 5,000 pre-orders as consumers search for the perfect brew and retailers hunt for new ways tap the coffee market. Inventor Hans Stier says his Bonaverde machine's ability to...
  • Ranbir Kapoor, Anushka Sharma to auction movie costumes to help flood survivors in Kashmir and Assam December 5, 2014

    New Delhi: Bollywood stars Ranbir Kapoor and Anushka Sharma have pledged to give their movie costumes to help raise funds for redevelopment of flood ravaged Kashmir and Assam. eBay India and Event and Entertainment Management Association (EEMA) have come together for the cause, and are seeking bids for a charity auction...
  • No 'contradiction' between party & govt on Saradha chit fund scam: BJP December 4, 2014

    New Delhi: Rejecting any "contradiction" between the party and the government on the issue of Saradha chit fund scam, BJP on Wednesday said the case is being investigated by three agencies and the government has not given clean chit in this regard. This comes after the government on Wednesday appeared to...
  • Odisha chit fund scam: CBI questions senior IPS officer Rajesh Kumar November 30, 2014

    Bhubaneshwar: The Central Bureau of Investigation on Sunday questioned senior IPS officer Rajesh Kumar in the Odisha chit fund scam. Rajesh Kumar was until recently probing the chit fund scam as the crime branch DIG before the probe was taken over by the CBI under direction from Supreme Court. The probe...
  • Odisha chit fund scam: CBI should probe Patnaik's role, says LoP, state Assembly November 23, 2014

    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 November 23, 2014

    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 November 22, 2014

    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 November 22, 2014

    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 November 22, 2014

    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 November 22, 2014

    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 November 21, 2014

    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 November 20, 2014

    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,...