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The fall of Saradha group revives old ghosts of ponzi schemes going bust -Atmadip Ray

-The Economic Times For many, it is a sense of deja vu. Fifteen years ago, the government and India's financial regulators came under fire after hundreds of crores were cleaned up by a few individuals and entities from gullible investors, who were promised fabulous returns from plantation schemes. In the uproar that followed, the government and the regulators sought to palm off the responsibility of regulation of such schemes on each...

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Money-or-poison plea to Mamata

-The Telegraph West Bengal: An agent of the Saradha Group fell ill in Siliguri today after a three-hour demonstration while investors hit the streets with placards asking the chief minister to give them back their money or provide them with poison. Dinabandhu Pal, who had collected Rs 16 lakh for the Saradha Group, was admitted to Siliguri subdivisional hospital after he complained of palpitation in front of Siliguri police station. His wife...

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What has gone, has gone: Mamata Banerjee-Romita Datta

-Live Mint West Bengal chief minister dashes Saradha depositors' hopes of any immediate state-assisted recovery Kolkata: What has gone, has gone," West Bengal chief minister Mamata Banerjee told depositors of the Saradha Group, dashing their hopes of any immediate state-assisted recovery of dues from the floundering units of the group that collected the money. Banerjee launched two separate investigations and promised to introduce a new law to deal firmly with fraudulent financial...

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No country for women -Rasheeda Bhagat

-The Hindu Business Line While violence against women continues unabated in India, our crime investigation and justice systems offer no comfort. The Capital has erupted once again over the gruesome kidnapping and rape of a five-year-old girl child. This time, the protests are more political with the presence of volunteers from organisations such as the Aam Aadmi Party, the ABVP, etc. But matters have come to such a head vis-à-vis the gender...

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From bombs, it’s back to books -Kumud Jenamani

-The Telegraph Jamshedpur: A school is a primary lesson in going away from fear and towards power, feel the CRPF. Last year, the paramilitary force reopened a government-run primary school at Thalkobad at Saranda's Manoharpur block in West Singhbhum. Maoists had partially bombed the school in 2004, causing it to become one of the many Maoist-styled cradles in the area that drilled anti-democratic ideologies and taught practical lessons on bombs, guns and...

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