India News | Press Trust of India | Monday August 24, 2015
CBI has registered five more cases in connection with the chit fund scam in Assam arising out of alleged financial bunglings by West Bengal-based Saradha group of companies.
India News | Press Trust of India | Friday April 3, 2015
Arrested Rose Valley group chairman Gautam Kundu was among the six people named in the charge sheet filed by the Enforcement Directorate in the Rose Valley ponzi scam on Thursday.
India News | Press Trust of India | Wednesday April 1, 2015
The Enforcement Directorate (ED) would file its first chargesheet in the Rose Valley ponzi scam case tomorrow.
India News | Agencies | Monday March 30, 2015
A flood alert has been issued in Srinagar by the government after water level rose rapidly in the Jhelum river at the Ram Munshi Bagh locality this evening due to incessant rain over the last 24 hours.
India News | Press Trust of India | Thursday March 26, 2015
Rose Valley group of companies chairman Gautam Kundu was today arrested by Enforcement Directorate (ED) in connection with its probe in the ponzi scam allegedly perpetrated by these consortium of companies.
India News | Wednesday March 4, 2015
Trinamool Congress MP Tapas Pal's residence in Kolkata is one of the 43 premises being raided by the Central Bureau of Investigation or CBI in a nation-wide operation today.
India News | Press Trust of India | Sunday December 21, 2014
The 40-day period of harshest winter in Kashmir Valley, known as Chillai-Kalan, began today on a warmer note as night temperatures rose across the Valley, increasing the chances of first snowfall of the season.
India News | Press Trust of India | Friday December 19, 2014
There was slight respite from bone-chilling cold conditions in Leh and Kargil, in the frontier Ladakh region, as the night temperatures rose by two degrees, while cold wave continued unabated in Kashmir Valley which is experiencing sub-zero nights.
India News | Reported by Monideepa Banerjie, Edited by Anindita Sanyal | Friday November 28, 2014
Over 2,600 bank accounts which cumulatively have Rs 295 crore, have been attached by the Enforcement Directorate, or ED, in the Rose Valley ponzi scheme case. And this, according to ED sources, is the biggest ever "cash" recovery from a "collective investment scheme" company so far.
Thursday April 10, 2014
Capital markets watchdog Securities and Exchange Board of India (Sebi) is in the process of cracking its whip soon on various illicit money-pooling schemes in West Bengal, according to sources.
India News | Press Trust of India | Monday February 3, 2014
The higher reaches of Kashmir Valley and Ladakh region received fresh snowfall today even as the minimum temperature rose by several degrees bringing relief to the residents.
India News | Press Trust of India | Saturday February 1, 2014
There was a slight respite from the cold wave in Kashmir Valley as the minimum temperature rose in most places, even as the mercury in Kargil, in the frontier region of Ladakh, settled at minus 19 degrees Celsius.
India News | Press Trust of India | Monday January 13, 2014
Residents of the Kashmir Valley got some respite from the freezing cold as the minimum temperatures rose by several degrees in the region.
India News | Press Trust of India | Monday November 11, 2013
Cold wave conditions continued in Kashmir division, even though night temperatures in most parts of the Valley rose by some degrees.
India News | Press Trust of India | Friday October 18, 2013
Flood situation in West Bengal's six districts remain unchanged as the death toll rose to 17 today with reports of eight more deaths.
Reuters | Friday September 13, 2013
A Romanian immigrant who came to the United States without speaking English, rose from limo driver to founder of a business-analytics company, Tidemark.
Friday May 17, 2013
But Saradha went bust in April, wiping out as much as $3.7 billion in deposits from mostly low-income Indians, miring West Bengal's government in scandal, and illustrating the risks faced by the millions who live outside the banking system.
India News | Reported by Alok Pandey; Edited by Sindhu Manjesh | Wednesday May 1, 2013
The Saradha Group that collapsed last month controlled many television channels and newspapers in West Bengal. So do some other companies that have been accused of running Saradha-like get-rich-quick schemes.
India News | Reported by Alok Pandey; Edited by Abhinav Bhatt | Saturday April 27, 2013
The Saradha Group collapse, which wiped out the savings of lakhs of people, has forced a reality check among small investors in rural Bengal who have invested in other schemes that promised big returns.
India News | Edited by Janaki Fernandes | Thursday April 25, 2013
West Bengal woke up today to prominent ads in newspapers put out by a company called Rose Valley, appealing to its investors not to panic in the wake of the collapse of the Saradha group's chit fund, which has wiped out the savings of lakhs of small depositors in the state.
India News | Edited by Sindhu Manjesh | Wednesday April 24, 2013
The Saradha chit fund disaster could just be the tip of the iceberg. Market regulator Securities and Exchange Board of India or SEBI is investigating at least five other such companies in West Bengal for alleged fraud, including Rose Valley, a group that has raised Rs 4000 crore and a collapse of which will lead to a bigger crisis than the Saradha ...
Thursday March 28, 2013
Sebi has imposed Rs 1 crore penalty on Rose Valley Real Estates and Constructions for not providing details sought by the market regulator in a case charging the company of issuing debentures illegally.
Friday July 13, 2012
New York tech incubator Betaworks acquired the once-popular website Digg on Thursday for a mere $500,000.
India News | Press Trust of India | Friday January 6, 2012
In Kashmir valley, many parts were covered with a layer of snow even as minimum temperature increased. Rains continued in Srinagar as the minimum night temperature rose from 0.7 degrees Celsius to 0.8 degrees above the freezing point.