New Delhi, Dec. 9
Fraudsters are adopting innovative ways of pooling funds from gullible investors, making it necessary to provide greater powers to SEBI to tackle this growing menace of Ponzi schemes, the Governme...
Jinnan/Beijing, Sept 22
Disgraced top Communist Party leader Bo Xilai was today sentenced to life imprisonment by a Chinese court which upheld the charges of bribery, embezzlement and abuse of power against him. »
New York, Jun 25
A 1909 Pablo Picasso painting titled “Compotier et tasse,” or “Fruit bowl and cup,” with an estimated worth of $ 11.5 million will be held by US authorities for the Italian Government pending the...
Mumbai, May 12
After ElectraCard Systems, it has emerged that Bangalore-based EnStage is the another Indian company whose data security was breached in the $45-million global ATM heist.Like the Pune-headq...
April 26, 2013
There can be no denying the need for a legal framework to ensure that the likes of Saradha do not take the entire financial system for a ride. But that said, there will always be greedy in...
New Delhi, April 25
In further trouble for the chit fund scam—hit Saradha group of Kolkata, the Enforcement Directorate (ED) has registered a money laundering case to probe the allegations of financial irregularitie...
New Delhi, Feb 16
A British Virgin Islands entity has been found to be fraudulently using Tata brand name to lure investors to online investment plans promising huge monthly returns of up to 100 per cent for paymen...
October 19, 2013
When customer care doesn’t help, reach out to the banking ombudsman or the public grievance cell of the Telecom Department.
Taipei, Sept 2
Taiwan-based smartphone manufacturer HTC Corp said today that its business operations remained normal after several of its senior designers were arrested on suspicion of embezzlement and theft of...
Thiruvananthapuram, June 18
Biju Radhakrishnan, prime accused in the solar scam with suspected links to personal staff of Chief Minister Oommen Chandy, has been remanded to judicial custody by a judicial magistrate court. <...
New Delhi, April 29
The registered chit funds are a worried lot these days as they fear that the recent-Saradha Group episode could hurt their business prospects.
On Monday, t...
April 25, 2013
The people of West Bengal perhaps do not deserve all that is happening in their State today. When in May 2011 they gave a landslide victory to Mamata Banerjee’s Trinamool Congress, the hope was...
Kolkata, April 23
The West Bengal Government on Tuesday cleared the setting up of an inquiry commission to probe money collecting schemes and organisations in the State. The commission will be headed by r...