-Economic and Political Weekly The Saradha group's collapse has possibly bankrupted lakhs of small investors robbing them of their life svaings, and has rendered thousands of its agents jobless. The scam highlights the failure of the government and its regulatory agencies to reign in the mushrooming chit fund companies in West Bengal. It also brings under the scanner the Trinamool Congress' proximity with the tainted group. In the wake of the...

-The Times of India An undercover sting investigation across India has shown up startling videos of bank executives of three leading private banks - HDFC, ICICI and Axis - providing ready assistance to a reporter, posing as a minister's aide, for laundering black money into white through the banking system in clear contravention of banking norms and laws. Shaken by the disclosure, the three banks asserted that they were committed to transparent...

-CobraPost.com Cobrapost's Shocking  Mega Expose: Major Indian Private Sector Banks, HDFC Bank, ICICI Bank and Axis Bank, Are Blatantly Running A Huge Nation-wide Money Laundering Racket New Delhi: A Cobrapost pan-India undercover investigation spanning several months, unearths a vast, nation-wide money laundering racket being run by HDFC Bank, ICICI Bank and Axis Bank.  The brazen criminal activity by these banks is channelizing vast amounts of black money into the regular banking...

-NDTV Cobrapost, an online magazine, claims to have caught on camera what is describes as a massive expose, which allegedly proves that some of the largest private sector banks in the country help in money-laundering. The banks involved have denied the accusations.   NDTV cannot verify the authenticity of the Video Footage, filmed largely on hidden camera,  and shared by  Cobrapost executives at a press conference in Delhi. A press release by ...

-The Hindu Hearing of proposed 100-MW thermal power plant of KPR Industries postponed after stones thrown at dais Balabhadrapuram (East Godavari): The public hearing on the proposed 100 MW thermal power plant of KPR Industries (India) Limited on Wednesday between Dontamuru of Rangampeta mandal and Balabhadrapuram of Bikkavolu mandal in East Godavari district was disrupted by villagers and some ‘outsiders’. A total of 40 persons, including four policemen, were injured in lathi-charge and...