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IT firms misuse social media for polls: Cobrapost

-PTI Investigative website Cobrapost on Friday alleged that IT companies are misusing social media platforms such as Facebook, YouTube and Twitter to artificially boost politicians popularity and malign their rivals, with many firms claiming to be working for BJP and Narendra Modi. The sting, Operation Blue Virus, claims to have exposed about two dozen little known IT firms across the country, which in the garb of providing reputation management services on social...

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A Tough Gangtok Rap -Soumik Dutta

-Outlook An RTI exposes how the Sikkim govt has blatantly misutilised funds meant for quake relief Whose Money Is It Anyway! Of the Rs 60.45 crore allocated for construction of roads and bridges, the state government gave only Rs 30 crore Another Rs 52.64 crore was allocated, of which the government again spent only Rs 3 crore On the other hand, the...

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RBI probes Cobrapost report, reveals violations by banks: sources

-CNN-IBN 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 reveals cash...

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Cobrapost exposes 10 more banks

-The Times of India Investigative website Cobrapost has released further secret tapes to show alleged money laundering by more banks. In the third part of its tapes, Cobrapost claimed that it has recorded officials of Bank of India, Central Bank of India, Bank of Maharashtra, Allahabad Bank and Bank of Baroda, all major public sector banks, as well as IndusInd Bank, ING Vysya Bank, HDFC Bank , ICICI Bank and Axis Bank,...

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