Bijapur encounter: Villagers killed could have been innocent New Delhi: Over 48 hours since the Bijapur encounter in Chhatisgarh, government sources now concedes that those killed could have been innocent villagers.

One CRPF Cobra jawan and seven villagers, including three children, were killed in the encounter at Ehadsameta village of Bijapur district in Chhattisgarh late Friday night.

CRPF and state police involved in the operation had initially claimed that the encounter was genuine but now sources in the Home Ministry suggest that the villagers might have been caught in the cross fire and killed by mistake.

Meanwhile, villagers claim they had gathered for the seed festival when CRPF indiscriminately fired at them....more    
08:06 AM, May 21, 2013

Chhattisgarh encounter: Judicial probe ordered Raipur: The Chhattisgarh government on Sunday ordered a judicial inquiry into Friday night's encounter between security forces and suspected naxals near Edasmeta village in Bijapur district, in which eight villagers were killed. The locals alleged today that the encounter was fake. A commission headed by Justice VK Agrawal, which is already probing the encounter with Maoists at Sarkeguda in Bijpaur district on June 28-29, 2012, will conduct inquiry into this...  
10:44 PM, May 19, 2013

Chhattisagrh: 8 villagers killed in an alleged encounter New Delhi: In yet another incident of civilian causalities during police action; eight villagers, including three children, were killed in an alleged encounter between security forces and the ultras in Naxal-affected Bijapur district in southern Chhattisagrh. Police claim they don't have any information that the dead are innocent civilians and that they will investigate the matter. Earlier they had said that Naxals are among those killed in the gun battle....  
04:31 PM, May 19, 2013

Money laundering: NABARD gives clean chit to cooperative banks Mumbai: Amid allegations of cooperative banks being used as conduits for money laundering, NABARD, which jointly regulates such lenders, has said that it has found no shortcoming pointing towards any such activity. "Every year we do an inspection and we have not found anything like that," National Bank for Agriculture and Rural Development's (NABARD) chairman Prakash Bakshi told reporters over the weekend, when asked about the recent controversy over money...  
02:22 PM, May 19, 2013

Chhattisgarh: 9 killed in a gun battle between Naxals, CRPF New Delhi: Eight villagers, including 3 children, and a securityman of elite Cobra battalion were killed in an encounter between security forces and the ultras in Naxal-affected Bijapur district in southern Chhattisagrh. Police say suspected Naxals are among those killed in the gunbattle late on Friday. "Eight villagers, including suspected Naxals died, apart from one security personnel, in cross-firing between security forces and Maoists late on Friday night in the...  
11:48 AM, May 19, 2013

Chhattisgarh: 9 killed in gun battle between Naxals, COBRA Raipur: Eight villagers, including suspected Naxals and a securityman of elite COBRA battalion, were killed in a gun battle between security forces and the ultras in Maoist-affected Bijapur district in southern Chhattisgarh on Saturday. "Eight villagers, including suspected Naxals died, apart from one security personnel, in cross-firing between security forces and Maoists late on Friday night in the forest near Edesmeta village (under Gangalur police station)," Additional Director General of...  
10:20 PM, May 18, 2013

Jharkhand: Two Maoists killed in encounter Jamshedpur: At least two Maoists were killed and three jawans got injured in an encounter between the ultras and the security forces in a forest in Seraikela-Kharswan district in Jharkhand, police said on Tuesday. Earlier police had said one Maoist was killed and two jawans were injured in the encounter on Monday. "At least two Maoists were killed while three jawans suffered injury in the encounter that lasted over one...  
02:21 PM, May 14, 2013

Jharkhand: Maoist killed, 2 security men hurt in encounter Jharkhand: One Maoist was killed and two security men were injured on Monday in an encounter in Jharkhand. Police officials said they received a tip-off that Maoists were about to assemble in the forest whereupon the police, COBRA and CRPF forces rushed to the spot. The Maoists fired on seeing the personnel, triggering a gun fight. The encounter took place in a forest between Kalerango and Chatnibeda villages under naxal-affected...  
07:29 AM, May 14, 2013

RBI probes Cobrapost report, reveals major violations by banks New Delhi: The Reserve Bank of India is probing the Cobrapost sting operation on alleged money laundering by top banks. The RBI report has revealed major irregularities in top banks. The report shows string of violations on several counts. Sources say the RBI report reveals dummy PANs, unknown NRO IDs, unauthorised gold sale, rampant non-compliance of KYC norms and irregular staff trips. Sources say the RBI probe into ICICI Bank...  
01:14 PM, May 13, 2013

Money laundering: RBI action soon; banks start cracking whip Srinagar/Chandigarh: Amid fresh allegations of money laundering by banks, RBI and several banks on Thursday said actions are being taken against erring institutions and employees for violating prudential banking norms. The central bank has already completed investigations against banks and would take action against guilty institutions, RBI Governor D Subbarao said in Srinagar. "We have done investigations, we have prepared an internal report. There are processes to be followed to...  
10:32 PM, May 09, 2013

No criminality in Cobrapost findings: SBI Chandigarh: Bank officials' advices of splitting deposits to evade taxes, as exposed in a sting operation by an online news portal, are "undesirable loose talks" but there is no apparent criminality, SBI Chairman Pratip Chaudhuri said on Thursday. "Prima facie, things that have come to our notice it looks (that) there is no criminality in the sense that somebody has suggested splitting up your deposits, say Rs 50 lakh into...  
09:45 PM, May 09, 2013

Action against banks involved in money laundering soon: RBI Srinagar: The Reserve Bank of India (RBI) on Thursday said it has completed investigations against banks following the Cobrapost expose and will take action if they are found guilty of violating prudential banking norms. "We have done investigations, we have prepared an internal report. There are processes to be followed to take investigations to its logical closure...The first is action against individual institutions who are involved in practises which are...  
02:50 PM, May 09, 2013

Money laundering by banks: Govt to begin probe New Delhi: As many as 23 public and private sector banks and insurance companies were on Monday accused of "running a nation-wide money laundering racket" by online portal Cobrapost, prompting the Finance Ministry and regulator IRDA to initiate independent investigations into the matter. In its second expose, Cobrapost accused country's leading banks and insurance companies of "running a nation-wide money laundering racket, blatantly violating laws of the land". Those named...  
09:48 PM, May 06, 2013

RBI should release its audit report on the banks: Aniruddha Bahal Special Investigations website Cobrapost has revealed that 23 banks and insurance companies have been engaged in money laundering. Among the 23 banks involved are mostly PSU banks including some big names like the State Bank of India, Bank of Baroda, Punjab National Bank, Canara Bank, IDBI, Oriental Bank and Dena Bank. Aniruddha Bahal, editor-in-chief, Cobrapost.com, joined IBNLive readers for an interaction on the matter. Q. Hats off to you and...  
06:39 PM, May 06, 2013

23 banks, insurance firms engaged in money laundering: Cobrapost New Delhi: Special Investigations website Cobrapost has revealed that 23 banks and insurance companies have been engaged in money laundering. Among the 23 banks involved are mostly PSU banks including some big names like the State Bank of India, Bank of Baroda, Punjab National Bank, Canara Bank, IDBI, Oriental Bank and Dena Bank. Cobrapost editor Aniruddha Bahal claims that both banks and the insurance companies flouted the Foreign Exchange Management...  
10:43 AM, May 06, 2013

Stanislas Wawrinka reaches quarters of Portugal Open Oeiras: Second-seeded Stanislas Wawrinka of Switzerland rallied past Albert Ramos of Spain 1-6, 6-3, 6-4 on Thursday to move into the Portugal Open quarter-finals. Eighth-seeded Tommy Robredo also advanced on the Spaniard's 31st birthday, defeating Robin Haase 6-4, 6-4. On the women's side, fourth-seeded Carla Suarez Navarro of Spain is into the semifinals with a 6-2, 6-4 victory over Monica Puig of Puerto Rico. Romina Oprandi also advanced with a...  
08:59 AM, May 03, 2013

Dhanush starrer 'Raanjhana' trailer to unveil today
by IANS
Chennai: Tamil actor Dhanush has decided to speak in Hindi Tuesday because the trailer of his debut Hindi movie 'Raanjhnaa' is set to release online midnight tonight. "And it's a big day. 'Raanjhnaa' trailer releases tonight at 12... Aaj mein Hindi mein baat karunga (Today (Tuesday), I will speak in Hindi)," posted Dhanush on his Twitter page. The actor learned Hindi language to work in the romantic drama. He is...  
03:56 PM, Apr 23, 2013

Will tweak KYC norms if required: RBI Dy Gov Chakrabarty Mumbai: RBI Deputy Governor KC Chakrabarty on Tuesday said the central bank may introduce some corrective measures in KYC norms as an when necessary to check any "transaction-level aberrations" in the functioning of banks. "System is good, there is no problem. There are... (at the) transactional level, some aberration will always take place and there is a need to look into those issues and as and when it is necessary,...  
03:15 PM, Apr 23, 2013

Salgaocar FC beat Prayag United in I-League match Vasco: A second half strike by captain Luciano Sobrosa helped Salgaocar FC beat Prayag United 1-0 in the 23rd round of the I-League football championship here in Goa Thursday. Salgaocar, who had lion's share of exchanges and ball possession, scored the winner through Sobrosa in the 57th minute to take their tally to 27 points from 23 matches. Prayag United, who failed to create an impact upfront in the absence...  
10:18 PM, Apr 04, 2013

'G.I. Joe Retaliation' to be released first in India
by IANS
New Delhi: Hollywood director Jon M. Chu's most-awaited film 'G.I. Joe Retaliation' is set to release here March 27, which also happens to be Holi, ahead of its international release. It's a sequel to 'G.I. JOE: Rise of The Cobra', which grossed over $300 million worldwide. The star cast of the sequel includes Bruce Willis, Channing Tatum and Dwayne Johnson along with D.J. Cotrona, Byung-hun Lee, Adrianne Palicki, Ray Park,...  
08:13 PM, Mar 25, 2013