FUNDING

  • Saradha scam: Mamata Banerjee should be removed as West Bengal CM, says Kunal Ghosh 12 hours 23 minutes ago

    Kolkata: Suspended Trinamool Congress (TMC) Kunal Ghosh, who is in custody in the multi-crore Saradha chit fund scam, on Wednesday said Mamata Banerjee should be removed from the post of West Bengal Chief Minister. "All those who are accused in the Saradha chit fund case should resign and face probe and...
  • CBI asks TMC leader Mukul Roy to appear on January 28 6 days ago

    Kolkata: The Central Bureau of Investigation, which is probing the Saradha chit fund scam, on Thursday asked Trinamool Congress leader Mukul Roy to appear before the investigative agency on January 28. "We have told Mukul Roy that he can appear before the CBI investigation officers any time on January 28 to...
  • ICICI Bank account holders can use Twitter to transfer funds January 19, 2015

    Mumbai: Customers of ICICI Bank can use their Twitter account for real-time fund transfers, prepaid mobile recharges and to check bank balance. Private sector lender ICICI Bank on Monday launched a facility which allows account-holders to transfer funds through Twitter. The user will have to subscribe ('follow') the bank's Twitter...
  • Army gives over Rs 100 crore to Prime Minister's Relief Fund January 16, 2015

    New Delhi: The 1.3 million strong Indian Army on Thursday donated over Rs 100 crore to the Prime Minister's Relief Fund after forgoing their one-day salary. The cheque was handed over to Prime Minister Narendra Modi by Army Chief Dalbir Singh at the traditional "At Home" at Army House on the...
  • CBI court grants extension of bail term of former AG Mohanty January 13, 2015

    Bhubaneswar: The Special Central Bureau of Investigation Court on Tuesday granted continuation of bail of former Advocate-General (AG) Ashok Mohanty named by the apex probe agency in its charge sheet regarding the multi-crore chit fund scam. Special CBI judge Padma Lochan Satpathy extended the bail term of Mohanty in connection with...
  • Saradha chit fund scam: CBI summons TMC leader Mukul Roy for questioning January 12, 2015

    Kolkata: The Central Bureau of Investigation on Monday summoned Trinmool Congress national secretary and former railway minister Mukul Roy for questioning in the multi-crore Saradha chit fund scam. Earlier in December in a huge embarrassment and setback for the Mamata Banerjee government, the CBI had arrested West Bengal Transport Minister and...
  • BJD government in Odisha a failure on all fronts: Congress January 5, 2015

    Bhubaneswar: Dubbing the BJD government in Odisha as a failure on all fronts in 2014 when a series of scams rocked the state, Congress leader Niranjan Patnaik on Monday claimed the ongoing CBI probe into the chitfund scandal appeared to have slowed down during last one month. "CBI is now...
  • TMC should take lessons from Amit Shah: BJP December 30, 2014

    Kolkata: Asking the TMC leadership to take lessons from the way BJP Chief Amit Shah abided by the rule of law in the Sohrabuddin case, BJP National Secretary Siddharth Nath Singh on Tuesday said instead TMC has gone on to abuse the legal system by its political offensive in the...
  • West Bengal: Mamata Banerjee warns TMC leaders, workers against anti-party activity December 30, 2014

    Kharagpur: Beset with rising group rivalries and airing of individual opinions by some party leaders, Trinamool Congress chief Mamata Banerjee on Tuesday issued a strong warning to the leaders against anti-party activities, reminding them that "no individual is above the party". "We will not accept...
  • West Bengal: ED questions another TMC leader as Saradha scam probe December 29, 2014

    Kolkata: The Enforcement Directorate (ED) on Monday questioned for about three hours Trinamool Congress leader Sankudeb Ponda in connection with its money laundering probe in the multi-crore Saradha chitfunds scam case. "Ponda has been questioned about his association with the Saradha group and its management. His statement has been recorded...
  • Saradha scam accused Madan Mitra to be discharged from hospital December 27, 2014

    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 December 20, 2014

    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 December 20, 2014

    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...