-Cobrapost.com Part 1 of Operation Red Spider was just the tip of the iceberg! Cobrapost's Continuing Shocking Expose: Twenty-Three Major Indian Banks, Both Public and Private, and Insurance Companies, are Running a Nation-Wide Money Laundering Racket, Blatantly Violating the Laws of the Land. And the culprits being exposed this time are: Life Insurance Corporation, State Bank of India, Bank of Baroda, Punjab National Bank, Canara Bank, Indian Bank, IDBI Bank, Yes Bank, Federal Bank,...
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Saradha effect: investors seek return of deposits from Companies
-The Hindu Kolkata: The agitation against fraudulent deposit-taking Companies continued to spread in the State with the police intervening in some places to prevent the situation spinning out of control. There were instances of agents heckling investors. Demanding that their money be returned, a group of investors protested outside one of the Companies at Lake Town near the city on Saturday. At Salt Lake nearby, another company faced the ire of anguished...
More »Johnson & Johnson’s licence for cosmetics cancelled -Jyoti Shelar
-Mumbai Mirror The Food and Drug Administration (FDA) recently cancelled Johnson & Johnson India's licence to produce cosmetic products at their Mulund plant. FDA's order will come into effect from June 24. According to FDA officials, the order was issued in a case dating back to 2007 when they found that 15 batches of Johnson & Johnson baby powder were sterilised by ethylene oxide, a known carcinogenic and irritant. "While ethylene oxide can...
More »Sibal firm on Internet freedom as ITU Secretary General comes lobbying-Shalini Singh
-The Hindu Hamadoun Toure seeks support for International Telecommunication Regulations ITU Secretary General Dr. Hamadoun Touré, who was at the centre of the International Telecommunication Regulations (ITRs) controversy which erupted at Dubai's treaty meet - World Conference on International Telecommunications (WCIT-12) in December 2012 - is visiting India this week. Experts in the know of the treaty negotiations believe Dr. Touré will lobby the government and the private sector to persuade India to...
More »Purti group allegedly evaded tax worth Rs. 7cr: I-T dept
-PTI The Income Tax department has detected alleged tax evasion to the tune of Rs. 7 crore in the business transactions of Purti group of Companies related to former BJP president Nitin Gadkari. Probing the alleged dubious transactions of the Purti Power and Sugar Limited (PPSL) since last year, the department has completed assessments pertaining to the last two financial years and has found evasion to the tune of more than Rs....
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