-The Hindu ‘They cannot charge for tuitions but only for extra facilities' Bangalore: A 37-year-old taxi driver, Manjunath Gowda (name changed), had brought a chocolate cake for his family after his six-year-old daughter secured a seat in a sought-after private school in Uttarahalli under a provision of the Right of Children to Free and Compulsory Education (RTE) Act 2009, which guarantees 25 per cent of the seats in private unaided schools to...
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Sting operation reveals money laundering by top banks
-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...
More »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
-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...
More »HDFC Bank, ICICI Bank, Axis Bank involved in money laundering: Report
-Cobra Post A sting operation conducted by online magazine Cobrapost across various branches of private financial institutions has revealed how bank employees are accepting black money from customers to convert them into white money. Cobrapost claims that the nationwide operation shows how private banking and insurance affiliates launder money as part of standard procedures. The sting also shows that money laundering services are openly being offered even to walk in customers who...
More »Maha Governor downplays irrigation scam, instead argues importance of irrigation in current drought-Sanjay Jog
-The Business Standard Expresses government's resolve to attract Rs 5 lakh crore investments in 5 years Maharashtra government on Monday downplayed the ongoing controversy over the multi crore irrigation scam. Instead, the state Governor K Sankaranarayanan in his address to the joint session of the Maharashtra Legislature said during the drought year, importance of creation of new irrigation potential is quite obvious. In 2011-12, an irrigation potential of 1.08 lakh hectare was...
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