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Ponzi scam: Over 150 petitions found on rail track

-PTI Burdwan (WB): About 150 sheets, allegedly copies of petitions filed by depositors related to the Saradha chit fund scam, were found on the side of rail tracks between Kalna and Guptipara stations of Eastern Railway's Howrah-Burdwan section on Sunday. GRP sources said about 150 papers, claimed to be petitions of depositors from Murshidabad and Jharkhand, were spotted ying on the sides of the rail track at Purbo Satgachia station by local...

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Order to stop coal mining in S. Garo Hills -Andrew W Lyngdoh

-The Telegraph Shillong: Perhaps for the first time, the South Garo Hills district administration has ordered all coal mining activities in the district to be stopped following deaths in mining areas caused by negligence. South Garo Hills deputy commissioner Chinmay Gotmare issued the order on Monday under Section 133 CrPC, which pertains to removal of nuisance. While issuing the order, Gotmare observed that it has been made to appear to him that coal...

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Prime Minister Manmohan Singh has no cash, owns a 1996 Maruti car

-IANS Guwahati: Prime Minister Manmohan Singh does not have any cash in hand and owns a 1996 Maruti car, unlike many of his colleagues. This was revealed by the affidavit he submitted to the returning officer in Assam on Wednesday while filing his nomination papers for the forthcoming Rajya Sabha elections. Manmohan Singh stated that his total annual income is Rs 40,51,964. The Prime Minister also declared his total movable assets to be...

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Banks suppressing alerts on suspect dealings: RBI probe-Josy Joseph

-The Times of India NEW DELHI: An investigation by the Reserve Bank of India (RBI) into allegations of money laundering by private banks has found large-scale violations ranging from huge cash Deposits without PAN to dummy numbers. The probe report, a copy of which is available with TOI, shows that three private players - HDFC Bank, ICICI Bank and Axis Bank - had also hugely suppressed alerts generated by their system on...

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Haves and have-nots, chained by loss-Sanjay Mandal

-The Telegraph Bengal - Defrauded Many households in Calcutta have a domestic help or a driver who has lost money by investing in Saradha schemes - a common thread that has spun a perception that the poor are the sole victims of the sham company. But Sudipta Sen's promise of high returns had blurred the divide between the haves and the have-nots as well as the educated and the uneducated. Travels across the semi-urban...

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