| Latest News | Comments | Old News |
| |
| |
|
|
RSS |
Latest news of Indian
Industries:
For old indian industries news, please click in the sub-menu navigation bar above
Jun 2, 2013 30 Minutes: Chit fund scams: "Year after year millions of Indians are cheated of their life savings. Fourteen people committed suicide and thousands in West Bengal lost their life savings after Saradha group went bust."
Jun 1, 2013 Coalgate loss figure was far too conservative: ex-CAG: "Former Comptroller and Auditor General of India Vinod Rai spoke to CNN-IBN's Karan Thapar, in his first TV interview two, on two reports that attracted great public interest - 2G and Coalgate report."
May 24, 2013 Saradha chit fund scam: A month on, SIT's credibility being questioned: " It has been a month since Sharada chit fund scam accused Sudipta Sen was arrested. The scam has driven at least eight people to suicide, lakhs of investors lost their life savings and hundreds of agents have fled their homes. An SIT to probe the case was announced and a Rs 500-crore package was announced. But one month on, questions are being raised about the pace of investigation and neutrality of the SIT."
May 24, 2013 Watch: Bhupendra Chaubey explains the deadly mix of politics and cricket: "As the spot-fixing and betting scandal spreads, the focus is once again on the big names in Indian cricket. Politicians cutting across party lines have for years been cricket administrators."
May 24, 2013 'Gas deal a mega scam, favours Ambani's RIL': "CPI MP Gurudas Dasgupta has asked Prime Minister Manmohan Singh to intervene in a gas deal that he says deliberately favours Mukesh Ambani's Reliance Industries Limited (RIL)."
May 24, 2013 IPL spot-fixing: CSK boss Gurunath Meiyappan arrested in Mumbai: "Chennai Super Kings owner Gurunath Meiyappan was arrested here late tonight for his alleged involvment in betting on IPL matches"
May 20, 2013 Corruption and crime: How coal mafias fuel India’s power crisis
May 20, 2013 Corruption culture hurting India’s economy: "India’s proliferating corruption culture is also reinforced by conclusions drawn in an Asia Pacific survey conducted by the Hong Kong-based Political & Economic Risk Consultancy Ltd (PERCE), rating India at 8.67 (on a scale of zero to 10, with the upper end being the worst case of corruption)."
May 20, 2013 No defence for corruption in defence procurement: "India’s Defence Minister A.K. Antony admitted in the conference that corruption in this sector – as well as in almost all walks of life – has severely eroded the image of the country."
May 19, 2013 Railway bribery scam: DIG tipped off Vijay Singla about raid, CBI officer says: "The affidavit, submitted by inspector Balbir Singh on May 15 against CBI's Chandigarh deputy inspector general Mahesh Aggarwal, who has close family links to Bansal, alleged that Aggarwal leaked crucial information on Delhi CBI team's raid at Bansal's nephew Vijay Singla's house on May 3 in connection with the Rs 10-crore railway scam."
May 19, 2013 Railway bribery scam: DIG tipped off Vijay Singla about raid, CBI officer says: "The affidavit, submitted by inspector Balbir Singh on May 15 against CBI's Chandigarh deputy inspector general Mahesh Aggarwal, who has close family links to Bansal, alleged that Aggarwal leaked crucial information on Delhi CBI team's raid at Bansal's nephew Vijay Singla's house on May 3 in connection with the Rs 10-crore railway scam."
May 19, 2013 PM has no sense of dignity and honour: "Manmohan Singh has been shown his place by Sonia Gandhi for his untenable defence of Pawan Kumar Bansal and Ashwani Kumar. Clearly, he is not the primus inter pares. A man of honour would have resigned by now"
May 18, 2013 Bribery case: CBI to move SC to seek officer's removal: "A day after the Central Bureau of Investigation (CBI) arrested its own Superintendent of Police in New Delhi for allegedly taking a bribe to settle a land dispute, the central investigation team is likely to move the Supreme Court on Monday to seek the officer's removal."
May 17, 2013 IPL spot-fixing is yet another symptom of insecure India: "The Indian politician is intensely corrupt because he is intensely insecure: Examine the corruption and conflict-of-interest controversies around politicians such as Pawan Kumar Bansal, Sharad Pawar, Mayawati, Yedurappa, Mulayam Singh Yadav, Jayalalitha, Lalu Prasad Yadav, the Karunanidhi clan, Robert Vadra, A Raja, Suresh Kalmadi, Ajit Pawar, Chhagan Bhujbal, Ashok Chavan and the rank and file of politicians across India."
May 17, 2013 MP land row: Will CM Shivraj Singh Chouhan walk his talk on corruption?: "CNN-IBN on Tuesday broke the story showing how close relatives and aides of MP CM Shivraj Singh Chouhan had cornered prime plots in the heart of Bhopal against all norms."
May 17, 2013 Sreesanth Caught Fixing: Is this the tip of the iceberg?: "The arrest of Kerala bowler Sreesanth, Ankeet Chavan and Ajit Chandila may just be the tip of the proverbial iceberg."
May 17, 2013 The Last Word: Is the govt right to seek conciliation to resolve the Vodafone problem?: "Aam Aadmi Party (AAP) National Convener Arvind Kejriwal on Wednesday attacked Law Minister Kapil Sibal over Vodafone tax case and said all the corrupt ministers have joined the Group of Ministers on CBI autonomy."
May 17, 2013 CBI officer caught taking bribe of Rs 15 lakh: "A Central Bureau of Investigation (CBI) official, who is also the Chief Investigating Officer probing the coal block allocation scam, was caught taking a bribe of Rs 15 lakh on Friday. The CBI Internal Intelligence Unit nabbed Vivek Dutt in an operation that was personally supervised by the agency's director Ranjit Sinha."
May 17, 2013 Bookies expose the fixing rot: "As more bookies continue to get nabbed, on Friday (May 17), for the first time since the fixing scandal hit IPL. TIMES NOW get you the confessions of 3 bookies. From honey traps to secret codes, the rot of fixing runs deep, and these bookies have been at the centre of this murky plot."
May 17, 2013 Anbumani Ramadoss illegally allowed admission in medical college: CBI: "CBI today told a Delhi court that former Union Health Minister Anbumani Ramadoss, who along with others, is accused in a graft case, had "illegally" allowed an Indore-based medical college to proceed with the admissions without having sufficient faculty and clinical material."
May 10, 2013 The great Indian corruption chronicles: "The PM has been offering platitudes about corruption. Enough of that"
May 10, 2013 Ashwani Kumar cannot be saved: Kiran Bedi: "Pawan Kumar Bansal resigned as Railway Minister on Friday."
May 10, 2013 WB: Movie on chit fund scam to release today: "The Saradha Group chit fund fiasco has inspired a new movie in West Bengal. Tollywood has drawn inspiration from the Saradha Group collapse. All eyes are now on the latest release, 'Kagojer Nouka' or 'The Paper Boat', which metaphorically means an object that doesn't stay afloat for a long time. Incidentally, the film stars Dadasaheb Phalke-winner Soumitra Chatterjee playing the character of the prototype of Saradha boss and scamster Sudipta Sen."
May 10, 2013 Pawan Bansal quits as Railways Minister: "Pawan Kumar Bansal on Friday evening resigned as Railway Minister following allegations of corrupt practices by his close relatives and aides. Sources say that Bansal resigned after Congress President Sonia Gandhi met Prime Minister Manmohan Singh and asked him to force the Railway Minister to put in his papers."
May 10, 2013 Bribery case: CBI issues notices to Railway officials to join probe: "The CBI has reportedly issued notices to senior officials of the Railways to join its investigations into the bribery case involving Railway Minister Pawan Kumar Bansal's nephew Vijay Singla."
May 10, 2013 Cash for appointments: Is Bansal controversy tip of the iceberg?: "Pressure is building on Railway Minister Pawan Bansal over the Rs 90 lakh bribery case that his family is being probed over."
May 10, 2013 'The Chandigarh club': The rise of Pawan Bansal's family empire: "Questions are being raised about Railway Minister Pawan Kumar Bansal's family. In another revelation, a Chartered Accountant with links to companies owned by Pawan Bansal's wife and sons was appointed a director in the Canara Bank when Bansal was MoS Finance. Here is a look at the business empire that they've built up:"
May 10, 2013 Law Min to gets transfer, Bansal to get boot?: "According to sources on Thursday (May 9) Railway Minister Pawan Kumar Bansal skipped the ongoing Cabinet meet. Sources also say there could be a major reshuffle on the cards before May 22, which could mean a transfer for the Law Minister Ashwani Kumar and the boot for Rail minister PK Bansal."
May 10, 2013 After Railgate, more trouble for Bansal?: "He is under fire on Railgate and now Union Railway Minister Pawan Kumar Bansal perhaps has more to answer for. His family is accused of accepting money for top job in Railways, a Ministry headed by Bansal himself, and now fingers are being pointed at Bansal over loans granted to his family in 2010. A loan worth several crores was granted by a public sector bank which has this man Sunil Kumar Gupta on its board of Directors who incidentally is also the Chartered Accountant (CA) of the Bansal family and also on the board of some companies."
May 10, 2013 Direct link to Pawan Bansal?: "In the biggest ever development in the revelations against Bansal, a document now reveals that the Railway Minister himself took an unsecured loan of Rs 50 lakh from the company that got crores of rupees from Canara Bank. The Minister's attempt to distance himself from his son's company is now under question."
May 10, 2013 Railway bribery scandal: Why didn't CBI act earlier?: "CBI sources say the Railway bribery case is turning out to be a multi-crore scam with roots deeper than what meets the eye. The question is what action did the agency take when it was aware of a similar recruitment scam reported by CNN-IBN in 2010."
May 10, 2013 Railway bribery: All accused sent to judicial custody: "Five accused including Railway Minister PK Bansal's nephew Vijay Singla were sent to judicial custody till May 20 by a Delhi court on Thursday. Vijay Singla, Ajay Garg, Manjunath, Sandeep Goyal were produced in CBI court."
May 10, 2013 WB chit fund scam: Sudipta Sen, 2 aides sent to 9-day police custody: "Chit fund company Saradha group's chief Sudipta Sen was on Thursday sent to 9-day police custody, along with two of his close aides - Debjani Mukherjee and Arvind Singh Chouhan."
May 10, 2013 Illegal assets case: SC denies bail to Jagan Mohan: "In a disappointing verdict for YSR Congress chief Jagan Mohan Reddy, who has been lodged in a Hyderabad prison for a year in connection with a disproportionate assets case, the Supreme Court on Thursday rejected his bail plea."
May 10, 2013 Railways bribery case: CBI to probe Mamata's tenure: "The investigations into the Railway bribery scandal has widened with sources saying that the Central Bureau of Investigation (CBI) will also look at postings during former railway minister Mamata Banerjee's tenure. The appointment of Railway Protection Force Director General PK Mehta, who superseded 28 IPS officers, is likely to be investigated as the Railways ignored the Ministry of Home Affairs seniority list."
May 10, 2013 The Last Word: Is SC pointing a finger at PM in coal scam probe?: "It's not an exaggeration to say that the concerns raised by the Supreme Court on Wednesday over the coal scam probe not only appear to indict the CBI, but the Attorney General, the Law Minister and the PMO."
May 10, 2013 Pawan Bansal goes, Ashwani Kumar next?: "While TIMES NOW was exposing details of super explosive tapes on Railgate, hectic activity was seen at 7 RCR with Sonia Gandhi meeting the Prime Minister -- a meeting that lasted 25 minutes. And just 5 minutes after the meeting, Pawan Bansal was sacked."
May 10, 2013 PK Bansal sacked after TIMES NOW expose: "Union Railway Minister Pawan Kumar Bansal's nephew arrest - was just the tip of the iceberg - TIMES NOW's investigation team, knew there was much more to Railgate - slowly but steadily our investigations led us to Bansal's doorstep. First we - exposed the meteoric rise of Bansal family fortunes along with his political ascent. Then - after thorough research and painstaking investigation - we raised a clear case of conflict of interest against the Railway Minister."
May 10, 2013 Endgame for Union Railway Minister Bansal: "Bribery, nepotism, corruption, the charges against Pawan Kumar Bansal was never light. But over a week after Railgate first surfaced -- the Union Railway Minister has been forced to resign. His sacking, coming just hours after TIMES NOW put out details of super explosive tapes with the CBI -- phone records that expose the murky trail of Railgate -- and how the top railway post for sale was just the tip of the iceberg."
May 9, 2013 Koda likely to surrender today: "Former Chief Minister Madhu Koda, accused in the multi-crore money laundering case, may surrender on Thursday at the lower court after completion of his interim bail period."
May 8, 2013 Coal India losing $20bn, corrupt cos gaining: TCI's Hohn: "Christopher Cooper-Hohn is counted among UK's most successful hedge fund managers. However, the founder of the USD 6 billion The Children’s Investment Fund is best known in India for taking on the government against what he calls “unfair pricing of coal”. "
May 8, 2013 India Really Has A Magazine Called 'Bureaucracy Today' — And It's Perfect: "In fact the term bureaucracy is often used synonymously with corruption in India"
May 8, 2013 In recent times, every scam’s trail has led to dubious deals in real estate: "From Satyam to 2G, Vadra to Saradha and now Railgate — every scam's trail leads to fraudulent investments and dubious deals in the real estate sector."
May 8, 2013 SC questions Govt-CBI interaction: "Making a stinging criticism of CBI and senior officials of the coal ministry and PMO, the Supreme Court today hauled them up for changing the "heart" of the Coalgate probe report but appeared to have given a breather for the Law Minister and the government for the time being."
May 8, 2013 Railway Board bribery case: Decoding the Bansal empire: "Pawan Kumar Bansal is under fire over bribery charges against his nephew Vijay Singhla, who is also one of the directors of Jagan Realtors Private Limited, which has several other relatives of Bansal on board."
May 8, 2013 Coal scam: SC calls CBI a caged parrot: "The Supreme Court, while examining the affidavit submitted by the Central Bureau of Investigation (CBI) in connection with coal scam, on Wednesday took a very strong stand and called the investigating agency a 'caged parrot speaking in its master's voice'. While seeking an undertaking from the government that the CBI would be made independent, the three-judge bench headed by Justice RM Lodha, also added that giving unbridled powers to the agency was not a possibility. The court said it will step in if the CBI was not made an autonomous body."
May 7, 2013 33% Indians feel offering cash to win biz is justified: Survey: "In India 69 per cent believe that bribery and corruption are widespread in the country"
May 7, 2013 Coal scam probe: Law Minister Ashwani Kumar avoids media: "Law Minister Ashwani Kumar avoided the media on Tuesday. He refused to respond to reporters' questions regarding the CBI coalgate row."
May 7, 2013 Railway scam: CBI arrests Ajay Garg, raids Mahesh Kumar's residence: "The Central Bureau of Investigation (CBI) on Tuesday arrested Ajay Garg, one of the key accused in the Railway Board bribery case. Garg was the aide of Railway Minister Pawan Kumar Bansal's nephew Vijay Singla. A Delhi court remanded him in CBI custody till May 9."
May 7, 2013 Railway bribery: Close aide of Bansal's nephew surrenders: "There seems to be more trouble for Railway Minister Pawan Kumar Bansal as his nephew Vijay Singla's close aide Ajay Garg is also in the CBI net. Garg has surrendered in a Delhi court in connection with the cash-for-jobs scam in the railways."
May 7, 2013 Railway bribery: CBI questions close aide of Bansal's nephew: "There seems to be more trouble for Railway Minister Pawan Kumar Bansal as his nephew Vijay Singla's close aide Ajay Garg is also in the CBI net. The CBI had launched a manhunt for Garg after questioning Singla and the other accused in the cash-for-jobs scam in the Indian Railways."
May 7, 2013 WB chit fund scam: How Saradha group looted the investors: "Investigations are on into the chit fund scam in West Bengal. There were thousands of crores of losses for those who can least afford it."
May 7, 2013 Bansal's nephew was in touch with Railways' top brass, say sources: "Pressure is building on Railway Minister Pawan Bansal over the Rs 90 lakh bribery case that his family is being probed over. Sources have told CNN-IBN that the CBI has procured data from Bansal's office and residence to zero in on how many times his nephew Vijay Singla or railway supplier Sandeep Goyal visited him."
May 7, 2013 Railway scam: BJP trains guns on Bansal family's pharmaceutical company: "The BJP has now claimed Theon Pharmaceuticals was involved in price fixing. Pawan Kumar Bansal's wife Madhu Bansal, sons Manish Bansal and Amit Bansal are directors in Theon Pharmaceuticals."
May 7, 2013 The Independent: India’s latest $2m corruption scandal is a very old scam: "Such appointments have been fixed for decades, often financed with money from companies that later benefit, as was allegedly planned in this case"
May 6, 2013 WB: Chit fund company chief found dead, wife alleges murder: "The wife of a chit fund company director on Monday filed an FIR seeking investigation into his death. According to the complainant, her husband was murdered by investors who mobbed him after he was unable to pay them back."
May 6, 2013 Cong backs tainted ministers: Is the party strategy of brazening it out going to work?: "The Congress core group which met on Sunday evening decided to brazen it out and allow these ministers to stay despite the Opposition raising the pitch for their sacking."
May 6, 2013 Lookout notice against ex-IAF chief SP Tyagi in chopper deal: Antony: "CBI has issued a lookout notice against a former IAF chief in connection with alleged irregularities in procurement of VVIP helicopters, Defence Minister AK Antony told the Lok Sabha today."
May 6, 2013 Is the entire banking and finance system prone to money laundering?: "As many as 23 public and private sector banks and insurance companies were on Monday accused of 'running a nation-wide money laundering racket' by online portal Cobrapost, prompting the Finance Ministry and regulator IRDA to initiate independent investigations into the matter."
May 6, 2013 Pawan Kumar Bansal main beneficiary in Railway bribery scandal: Arun Jaitley: "Speaking to CNN-IBN, BJP leader Arun Jaitley said the PM, the Railway Minister and the Law Minister must resign in the wake of the latest scams."
May 6, 2013 ' Both Ministers Should Be Sacked Immediately': "' Both the case of the law minister and the railway minister are cases of either direct corruption or covering up corruption'"
May 6, 2013 Railway bribery case: CBI probing nexus between RPF, middlemen: "The Central Bureau of Investigation (CBI) has now widened the ambit of its probe after the Railway Board bribery case. CBI sources say that the agency is now looking at a jobs-for-sale nexus between Railway Protection Force officers' association and middlemen."
May 6, 2013 23 banks, insurance firms engaged in money laundering: Cobrapost: "Special Investigations website Cobrapost has revealed that 23 banks and insurance companies have been engaged in money laundering. Among the 23 banks involved are mostly PSU banks including some big names like the State Bank of India, Bank of Baroda, Punjab National Bank, Canara Bank, IDBI, Oriental Bank and Dena Bank."
May 5, 2013 Turnover of Bansal sons' firm goes from 0 to Rs 152 crores in 5 years: "Himachal Pradesh-based Theon Pharmaceuticals Ltd, owned by railway minister Pawan Kumar Bansal's wife, Madhu, and sons, Amit and Manish, saw its turnover rise from zero to Rs 152 crore - period that also saw Bansal's political graph soaring."
May 5, 2013 Railway Min and Law Min to stay on: "After a three hour long meeting -- the Congress is deciding to brazen it out. The Government has decided to back its Ministers -- rejecting BJPs demand for Union Railway Minister P K Bansal and Union Law Minister Ashwani Kumars resignation, TIMES NOW -- the first to get the details -- 90 minutes before the official announcement. The party -- putting its weight behind the embattled Ministers -- deciding to revamp its spokespersons team overnight. Even as the oppositions attack on the Government is refusing to lose steam -- the Government -- clearly deciding to sit tight and fight right back -- hoping that this too will blow over."
May 5, 2013 BJP claims direct Singla-Bansal link: "The options before him are few - after the arrest of his nephew for allegedly receiving a bribe of Rs 90 lakh. "I have said what I had to in my statement," Union Railway Minister Pawan Kumar Bansal said. But despite Railway Minister's desperate attempts to steer clear of the scandal - his links to his nephew's business dealings are firmly under the scanner."
May 5, 2013 Railway bribery: CBI should prosecute Bansal, says BJP: "Attacking the government over the alleged Railway Board bribery case, Bharatiya Janata Party (BJP) on Saturday demanded Railway Minister Pawan Kumar Bansal's resignation and said the Central Bureau of Investigation (CBI) should prosecute the Union Minister."
May 5, 2013 Chit fund scam: Mamata govt cracks down on MPS group: "The West Bengal government has sealed the offices of MPS group, a business house that has an estimated liability of Rs 17,000 crore and is under the scanner of the Securities and Exchange Board of India (SEBI). The crackdown comes after the collapse of Saradha group's chit fund business in April, which affected thousands of depositors."
May 5, 2013 Law Minister made changes in coal scam report, CBI to tell SC: "The Central Bureau of Investigation (CBI) is likely to tell the Supreme Court on Monday that the agency's status report on coal scam was changed by Law Minister Ashwani Kumar. The details of the CBI affidavit, which it will submit before the Supreme Court on Monday, has been accessed by CNN-IBN."
May 5, 2013 30 Minutes: Coal scam and beyond: "The SC on April 30 tore into the UPA government and the Central Bureau of Investigation demanding answers on the government's alleged interference in the CBI coal allocations probe."
May 5, 2013 Congress is looting this country, says BJP: "BJP's Ravi Shankar Prasad on Sunday said that Congress is saving Railway Minister Pawan Kumar Bansal."
May 4, 2013 Railway bribery case: Nephew rose from obscurity, worked behind the scenes: "From living in a rented house in Panchkula about a decade back to owning a palatial house on a four-acre plot, and apparently also a mall, several showrooms, a school and several acres of land, the rise of Vijay Singla has been nothing but meteoric."
May 4, 2013 Govt's existence untenable: Jaitley: "Reacting to the Railgate, Leader of Opposition in the Rajya Sabha and member of BJP, Arun Jaitley today spoke exclusively on the issue. Terming the UPA a cash and carry government, Jaitley said that the continued existence of the Government is untenable. UPA once again found itself in the line of fire. After the Coalgate probe row where the Law Minister is facing fire, now Railgate has hit the Centre. Now, it is Union Railway minister Pawan Bansal who finds himself in the eye of the storm, after a direct charge that a top Rail Board post was being sold for crores by his nephew Vijay Singla. As the Railway minister came under Opposition fire, sources say Pawan Kumar bansal has now offered to resign. The CBI had earlier arrested Bansal's nephew Vijay Singla for accepting a 90 lakh bribe."
May 4, 2013 Rail min's nephew arrested by CBI: "In a sensational case of alleged bribery of Rs. 90 lakh for fixing a top level position in the government, Railway Minister P K Bansal's nephew was arrested on Friday (May 3) by the CBI which also held a Member of the Railway Board."
May 4, 2013 Coalgate and Railgate: UPA on the mat: "They are facing a crisis with controversy over coalgate probe report where one of their Ministers, Ashwani Kumar is under fire. Now, another minister Pawan Kumar Bansal is also under scanner with two of its minister's in the eye of the storm UPA government is completely on the mat."
May 4, 2013 Railgate trail revealed: "Times Now has been tracking the developments in the Railgate revelations through the day. Was a top job in the railways sold for Rs 10 crore? The entire bribe trail has been revealed.TIMES NOW gets you the inside story."
May 4, 2013 Railgate: Top job for 10cr?: "UPA once again found itself in the the line of fire... after the Coalgate probe row where the Law Minister is facing fire, now Railgate has hit the Centre. Now, it is Union Railway minister Pawan Bansal who finds himself in the eye of the storm, after a direct charge that a top Rail Board post was being sold for crores by his nephew Vijay Singla.The CBI had earlier arrested Bansal's nephew Vijay Singla for accepting a 90 lakh bribe."
May 4, 2013 Railway Board bribery: Pawan Kumar Bansal may quit: "As Pawan Kumar Bansal meets Prime Minister Manmohan Singh, speculations are rife that the Union Railway Minister might resign over the Railway Board bribery case. The Prime Minister, however, is unlikely to accept his resignation, said sources on Saturday."
May 4, 2013 Railway bribery: Bansal's nephew, 3 others sent to 4-day CBI custody: "The Central Bureau of Investigation (CBI) has got a four-day custody of Railway Minister Pawan Kumar Bansal's nephew Vijay Singla and three others in connection with a bribery scandal. The investigative agency on Saturday told the court that they need to find out the source of Rs 90 lakh and who was the ultimate beneficiary."
May 4, 2013 Mahesh Kumar agreed to pay Rs 10 crore to become Member (electrical): CBI: "In its FIR registered against eight persons, including Bansal's nephew Vijay Singla, CBI said Kumar had agreed to pay "illegal gratification" of Rs 10 crore to co-accused Sandeep Goyal, a businessman, for his appointment at a more lucrative post of Member (electrical) of Railway Board."
May 4, 2013 Mumbai admission racket: 22 MBAs from NMIMS to lose their jobs: "Twenty two management graduates of Narsee Monjee Institute of Management Studies (NMIMS), working in various companies, will lose their jobs and possibly face arrest in a forgery case."
May 4, 2013 Railway bribery: Bansal's nephew, 3 others sent to 4-day CBI custody: "The Central Bureau of Investigation (CBI) has got a four-day custody of Railway Minister Pawan Kumar Bansal's nephew Vijay Singla and three others in connection with a bribery scandal. The investigative agency on Saturday told the court that they need to find out the source of Rs 90 lakh and who was the ultimate beneficiary."
May 3, 2013 CBI books railway minister Pawan Bansal’s nephew for corruption: " Singla, along with two others, figures in a case registered by the CBI against senior railway official Mahesh Kumar, who took charge as member of the Railway Board only on Thursday. The CBI has alleged that the trio received a bribe of Rs 90 lakh as part payment for the promotion of Mahesh Kumar, who was earlier general manager of western railway headquartered in Mumbai."
May 3, 2013 Saradha scam: Centre did not take action because TMC was a former ally: "“The UPA stayed silent on the matter. It didn’t do anything for the last two years. The SEBI, RBI, SFIO were not allowed to act as the Trinamool Congress was supporting the UPA,”"
May 1, 2013 WB chit fund scam: Top aides of 2 Left leaders quizzed: "The probe in the West Bengal chit fund case has widened its ambit to the previous Left government. On Wednesday, the police questioned the top aides of two former Left ministers."
May 1, 2013 Odisha: Investors duped of nearly Rs 20,000 cr: "A scam as big as the chit fund fraud in West Bengal has been exposed, but this time it is in Odisha. A CNN-IBN exclusive shows how fraudulent investment companies are duping investors in the state. Investors have been swindled off nearly Rs 20,000 crore by 40 finance companies in Odisha."
May 1, 2013 Top Ten MMS Scandals: "he latest controversy involving Dr Manmohan Singh and his UPA government has its genesis in a March 2012 Draft CAG report on 'allocating coal blocks in an inefficient manner' during the period 2004–2009, when the coal ministry was directly under the charge of prime minister."
Apr 30, 2013 Coal scam: Govt's top law officers in a war of words: "The Supreme Court is scheduled to hear the coal scam case on Tuesday and decide whether the government tried to influence the Central Bureau of Investigation (CBI) probe. But there's more embarrassment for the UPA government ahead of the hearing with its top law officers in a war of words."
Apr 30, 2013 The Last Word: What does the SC's indictment mean for the CBI, govt?: "The Supreme court on Tuesday tore into the UPA government and the Central Bureau of Investigation demanding answers on the government's alleged interference in the CBI coal allocations probe."
Apr 30, 2013 Coal scam probe: PM, Law Minister in the line of fire: "The Supreme Court's observations on the CBI's affidavit on its coal scam report have been fodder for the opposition to step up the political heat. Law Minister Ashawni Kumar and Prime Minister Manmohan Singh are in the line of fire. However, the UPA's crisis managers have said that no decision on the Law Minister's future will be taken until the Supreme Court passes a final order."
Apr 30, 2013 Coal scam: Additional Solicitor-General Harin Raval resigns: "Additional Solicitor General Harin Raval on Tuesday resigned over coalgate. In a statement, he said, 'I am resigning as ASG in SC as desired. Please accept this with immediate effect and oblige. I am grateful for the opportunity to serve the government.'"
Apr 30, 2013 WB chit fund scam: Police question TMC MP Kunal Ghosh: "The police questioned Trinamool Congress MP Kunal Ghosh for 90 minutes regarding his involvement in the multi-crore West Bengal chit fund scam on Monday. Sources say Ghosh was asked about his position in the company, his deal with Saradha Group promoter Sudipta Sen on Channel 10 and whether he had anything to do with the financial aspect of the company."
Apr 30, 2013 Coalgate: Has the UPA govt lied to the Supreme Court?: "The Supreme court on Tuesday tore into the UPA government and the Central Bureau of Investigation demanding answers on the government's alleged interference in the CBI coal allocations probe."
Apr 30, 2013 CBI isn't independent, coal scam report wasn't shared with any outsider: CBI director: "CBI director Ranjit Sinha on Tuesday said that the agency was not embarrassed over the SC ire and said it will provide all the information sought by the apex court."
Apr 30, 2013 Watch: A cautious Coal Minister says 'no comments' to every question on coal scam: "Coal Minister Sriprakash Jaiswal was extremely cautious when CNN-IBN probed him on the coal scam."
Apr 30, 2013 Coal scam: SC tears into CBI, govt; asks why was it kept in the dark: "The Supreme court on Tuesday tore into the UPA government and the Central Bureau of Investigation demanding answers on the government's alleged interference in the CBI coal allocations probe. The Supreme Court sought to know why it was kept in the dark about the CBI sharing the investigation with the government. It called the government's vetting of the coal report a 'massive breach of trust which has shaken our foundation'."
Apr 29, 2013 Vetting of coal report: Top govt law officers indulge in blame game ahead of SC hearing: "Less than 24 hours before the Supreme Court takes up the coal scam hearing on Tuesday, a blame game broke out within the government over who was responsible for incorrectly telling the court that the CBI had not shared the contents of its status report on " Coalgate" with the political executive."
Apr 29, 2013 WB chit fund scam: Noose tightens around accused: "The West Bengal Police investigation into the Saradha chit fund fraud gathered steam on Monday as it summoned Trinamool Congress MP Kunal Ghosh for questioning over his role in the scam. Ghosh, however, denied all the charges saying it was a conspiracy against him."
Apr 29, 2013 CBI affidavit spells more trouble: "The CBI Director's submissions in the Supreme Court confirmed that the draft of the CBI status report was shared with the political executive. But there seems to be more trouble for the govt as the CBI submitted the original report & the amendments made with indications that the government's defence of having made only grammatical changes seeming to be on weak ground."
Apr 29, 2013 WB chit fund scam hits the state's film industry: "The West Bengal chit fund is getting bigger each day. It has now turns out that ponzi schemes in the state financed not just media houses but Tollywood films as well. In the past four years, at least one in three films has been produced by groups that run ponzi schemes."
For old indian industries news, please click in the sub-menu navigation bar above
| First Prev 10 11 12 13 14 15 16 17 18 Next Last |
Jun 2, 2013 30 Minutes: Chit fund scams: "Year after year millions of Indians are cheated of their life savings. Fourteen people committed suicide and thousands in West Bengal lost their life savings after Saradha group went bust."
Jun 1, 2013 Coalgate loss figure was far too conservative: ex-CAG: "Former Comptroller and Auditor General of India Vinod Rai spoke to CNN-IBN's Karan Thapar, in his first TV interview two, on two reports that attracted great public interest - 2G and Coalgate report."
May 24, 2013 Saradha chit fund scam: A month on, SIT's credibility being questioned: " It has been a month since Sharada chit fund scam accused Sudipta Sen was arrested. The scam has driven at least eight people to suicide, lakhs of investors lost their life savings and hundreds of agents have fled their homes. An SIT to probe the case was announced and a Rs 500-crore package was announced. But one month on, questions are being raised about the pace of investigation and neutrality of the SIT."
May 24, 2013 Watch: Bhupendra Chaubey explains the deadly mix of politics and cricket: "As the spot-fixing and betting scandal spreads, the focus is once again on the big names in Indian cricket. Politicians cutting across party lines have for years been cricket administrators."
May 24, 2013 'Gas deal a mega scam, favours Ambani's RIL': "CPI MP Gurudas Dasgupta has asked Prime Minister Manmohan Singh to intervene in a gas deal that he says deliberately favours Mukesh Ambani's Reliance Industries Limited (RIL)."
May 24, 2013 IPL spot-fixing: CSK boss Gurunath Meiyappan arrested in Mumbai: "Chennai Super Kings owner Gurunath Meiyappan was arrested here late tonight for his alleged involvment in betting on IPL matches"
May 20, 2013 Corruption and crime: How coal mafias fuel India’s power crisis
May 20, 2013 Corruption culture hurting India’s economy: "India’s proliferating corruption culture is also reinforced by conclusions drawn in an Asia Pacific survey conducted by the Hong Kong-based Political & Economic Risk Consultancy Ltd (PERCE), rating India at 8.67 (on a scale of zero to 10, with the upper end being the worst case of corruption)."
May 20, 2013 No defence for corruption in defence procurement: "India’s Defence Minister A.K. Antony admitted in the conference that corruption in this sector – as well as in almost all walks of life – has severely eroded the image of the country."
May 19, 2013 Railway bribery scam: DIG tipped off Vijay Singla about raid, CBI officer says: "The affidavit, submitted by inspector Balbir Singh on May 15 against CBI's Chandigarh deputy inspector general Mahesh Aggarwal, who has close family links to Bansal, alleged that Aggarwal leaked crucial information on Delhi CBI team's raid at Bansal's nephew Vijay Singla's house on May 3 in connection with the Rs 10-crore railway scam."
May 19, 2013 Railway bribery scam: DIG tipped off Vijay Singla about raid, CBI officer says: "The affidavit, submitted by inspector Balbir Singh on May 15 against CBI's Chandigarh deputy inspector general Mahesh Aggarwal, who has close family links to Bansal, alleged that Aggarwal leaked crucial information on Delhi CBI team's raid at Bansal's nephew Vijay Singla's house on May 3 in connection with the Rs 10-crore railway scam."
May 19, 2013 PM has no sense of dignity and honour: "Manmohan Singh has been shown his place by Sonia Gandhi for his untenable defence of Pawan Kumar Bansal and Ashwani Kumar. Clearly, he is not the primus inter pares. A man of honour would have resigned by now"
May 18, 2013 Bribery case: CBI to move SC to seek officer's removal: "A day after the Central Bureau of Investigation (CBI) arrested its own Superintendent of Police in New Delhi for allegedly taking a bribe to settle a land dispute, the central investigation team is likely to move the Supreme Court on Monday to seek the officer's removal."
May 17, 2013 IPL spot-fixing is yet another symptom of insecure India: "The Indian politician is intensely corrupt because he is intensely insecure: Examine the corruption and conflict-of-interest controversies around politicians such as Pawan Kumar Bansal, Sharad Pawar, Mayawati, Yedurappa, Mulayam Singh Yadav, Jayalalitha, Lalu Prasad Yadav, the Karunanidhi clan, Robert Vadra, A Raja, Suresh Kalmadi, Ajit Pawar, Chhagan Bhujbal, Ashok Chavan and the rank and file of politicians across India."
May 17, 2013 MP land row: Will CM Shivraj Singh Chouhan walk his talk on corruption?: "CNN-IBN on Tuesday broke the story showing how close relatives and aides of MP CM Shivraj Singh Chouhan had cornered prime plots in the heart of Bhopal against all norms."
May 17, 2013 Sreesanth Caught Fixing: Is this the tip of the iceberg?: "The arrest of Kerala bowler Sreesanth, Ankeet Chavan and Ajit Chandila may just be the tip of the proverbial iceberg."
May 17, 2013 The Last Word: Is the govt right to seek conciliation to resolve the Vodafone problem?: "Aam Aadmi Party (AAP) National Convener Arvind Kejriwal on Wednesday attacked Law Minister Kapil Sibal over Vodafone tax case and said all the corrupt ministers have joined the Group of Ministers on CBI autonomy."
May 17, 2013 CBI officer caught taking bribe of Rs 15 lakh: "A Central Bureau of Investigation (CBI) official, who is also the Chief Investigating Officer probing the coal block allocation scam, was caught taking a bribe of Rs 15 lakh on Friday. The CBI Internal Intelligence Unit nabbed Vivek Dutt in an operation that was personally supervised by the agency's director Ranjit Sinha."
May 17, 2013 Bookies expose the fixing rot: "As more bookies continue to get nabbed, on Friday (May 17), for the first time since the fixing scandal hit IPL. TIMES NOW get you the confessions of 3 bookies. From honey traps to secret codes, the rot of fixing runs deep, and these bookies have been at the centre of this murky plot."
May 17, 2013 Anbumani Ramadoss illegally allowed admission in medical college: CBI: "CBI today told a Delhi court that former Union Health Minister Anbumani Ramadoss, who along with others, is accused in a graft case, had "illegally" allowed an Indore-based medical college to proceed with the admissions without having sufficient faculty and clinical material."
May 10, 2013 The great Indian corruption chronicles: "The PM has been offering platitudes about corruption. Enough of that"
May 10, 2013 Ashwani Kumar cannot be saved: Kiran Bedi: "Pawan Kumar Bansal resigned as Railway Minister on Friday."
May 10, 2013 WB: Movie on chit fund scam to release today: "The Saradha Group chit fund fiasco has inspired a new movie in West Bengal. Tollywood has drawn inspiration from the Saradha Group collapse. All eyes are now on the latest release, 'Kagojer Nouka' or 'The Paper Boat', which metaphorically means an object that doesn't stay afloat for a long time. Incidentally, the film stars Dadasaheb Phalke-winner Soumitra Chatterjee playing the character of the prototype of Saradha boss and scamster Sudipta Sen."
May 10, 2013 Pawan Bansal quits as Railways Minister: "Pawan Kumar Bansal on Friday evening resigned as Railway Minister following allegations of corrupt practices by his close relatives and aides. Sources say that Bansal resigned after Congress President Sonia Gandhi met Prime Minister Manmohan Singh and asked him to force the Railway Minister to put in his papers."
May 10, 2013 Bribery case: CBI issues notices to Railway officials to join probe: "The CBI has reportedly issued notices to senior officials of the Railways to join its investigations into the bribery case involving Railway Minister Pawan Kumar Bansal's nephew Vijay Singla."
May 10, 2013 Cash for appointments: Is Bansal controversy tip of the iceberg?: "Pressure is building on Railway Minister Pawan Bansal over the Rs 90 lakh bribery case that his family is being probed over."
May 10, 2013 'The Chandigarh club': The rise of Pawan Bansal's family empire: "Questions are being raised about Railway Minister Pawan Kumar Bansal's family. In another revelation, a Chartered Accountant with links to companies owned by Pawan Bansal's wife and sons was appointed a director in the Canara Bank when Bansal was MoS Finance. Here is a look at the business empire that they've built up:"
May 10, 2013 Law Min to gets transfer, Bansal to get boot?: "According to sources on Thursday (May 9) Railway Minister Pawan Kumar Bansal skipped the ongoing Cabinet meet. Sources also say there could be a major reshuffle on the cards before May 22, which could mean a transfer for the Law Minister Ashwani Kumar and the boot for Rail minister PK Bansal."
May 10, 2013 After Railgate, more trouble for Bansal?: "He is under fire on Railgate and now Union Railway Minister Pawan Kumar Bansal perhaps has more to answer for. His family is accused of accepting money for top job in Railways, a Ministry headed by Bansal himself, and now fingers are being pointed at Bansal over loans granted to his family in 2010. A loan worth several crores was granted by a public sector bank which has this man Sunil Kumar Gupta on its board of Directors who incidentally is also the Chartered Accountant (CA) of the Bansal family and also on the board of some companies."
May 10, 2013 Direct link to Pawan Bansal?: "In the biggest ever development in the revelations against Bansal, a document now reveals that the Railway Minister himself took an unsecured loan of Rs 50 lakh from the company that got crores of rupees from Canara Bank. The Minister's attempt to distance himself from his son's company is now under question."
May 10, 2013 Railway bribery scandal: Why didn't CBI act earlier?: "CBI sources say the Railway bribery case is turning out to be a multi-crore scam with roots deeper than what meets the eye. The question is what action did the agency take when it was aware of a similar recruitment scam reported by CNN-IBN in 2010."
May 10, 2013 Railway bribery: All accused sent to judicial custody: "Five accused including Railway Minister PK Bansal's nephew Vijay Singla were sent to judicial custody till May 20 by a Delhi court on Thursday. Vijay Singla, Ajay Garg, Manjunath, Sandeep Goyal were produced in CBI court."
May 10, 2013 WB chit fund scam: Sudipta Sen, 2 aides sent to 9-day police custody: "Chit fund company Saradha group's chief Sudipta Sen was on Thursday sent to 9-day police custody, along with two of his close aides - Debjani Mukherjee and Arvind Singh Chouhan."
May 10, 2013 Illegal assets case: SC denies bail to Jagan Mohan: "In a disappointing verdict for YSR Congress chief Jagan Mohan Reddy, who has been lodged in a Hyderabad prison for a year in connection with a disproportionate assets case, the Supreme Court on Thursday rejected his bail plea."
May 10, 2013 Railways bribery case: CBI to probe Mamata's tenure: "The investigations into the Railway bribery scandal has widened with sources saying that the Central Bureau of Investigation (CBI) will also look at postings during former railway minister Mamata Banerjee's tenure. The appointment of Railway Protection Force Director General PK Mehta, who superseded 28 IPS officers, is likely to be investigated as the Railways ignored the Ministry of Home Affairs seniority list."
May 10, 2013 The Last Word: Is SC pointing a finger at PM in coal scam probe?: "It's not an exaggeration to say that the concerns raised by the Supreme Court on Wednesday over the coal scam probe not only appear to indict the CBI, but the Attorney General, the Law Minister and the PMO."
May 10, 2013 Pawan Bansal goes, Ashwani Kumar next?: "While TIMES NOW was exposing details of super explosive tapes on Railgate, hectic activity was seen at 7 RCR with Sonia Gandhi meeting the Prime Minister -- a meeting that lasted 25 minutes. And just 5 minutes after the meeting, Pawan Bansal was sacked."
May 10, 2013 PK Bansal sacked after TIMES NOW expose: "Union Railway Minister Pawan Kumar Bansal's nephew arrest - was just the tip of the iceberg - TIMES NOW's investigation team, knew there was much more to Railgate - slowly but steadily our investigations led us to Bansal's doorstep. First we - exposed the meteoric rise of Bansal family fortunes along with his political ascent. Then - after thorough research and painstaking investigation - we raised a clear case of conflict of interest against the Railway Minister."
May 10, 2013 Endgame for Union Railway Minister Bansal: "Bribery, nepotism, corruption, the charges against Pawan Kumar Bansal was never light. But over a week after Railgate first surfaced -- the Union Railway Minister has been forced to resign. His sacking, coming just hours after TIMES NOW put out details of super explosive tapes with the CBI -- phone records that expose the murky trail of Railgate -- and how the top railway post for sale was just the tip of the iceberg."
May 9, 2013 Koda likely to surrender today: "Former Chief Minister Madhu Koda, accused in the multi-crore money laundering case, may surrender on Thursday at the lower court after completion of his interim bail period."
May 8, 2013 Coal India losing $20bn, corrupt cos gaining: TCI's Hohn: "Christopher Cooper-Hohn is counted among UK's most successful hedge fund managers. However, the founder of the USD 6 billion The Children’s Investment Fund is best known in India for taking on the government against what he calls “unfair pricing of coal”. "
May 8, 2013 India Really Has A Magazine Called 'Bureaucracy Today' — And It's Perfect: "In fact the term bureaucracy is often used synonymously with corruption in India"
May 8, 2013 In recent times, every scam’s trail has led to dubious deals in real estate: "From Satyam to 2G, Vadra to Saradha and now Railgate — every scam's trail leads to fraudulent investments and dubious deals in the real estate sector."
May 8, 2013 SC questions Govt-CBI interaction: "Making a stinging criticism of CBI and senior officials of the coal ministry and PMO, the Supreme Court today hauled them up for changing the "heart" of the Coalgate probe report but appeared to have given a breather for the Law Minister and the government for the time being."
May 8, 2013 Railway Board bribery case: Decoding the Bansal empire: "Pawan Kumar Bansal is under fire over bribery charges against his nephew Vijay Singhla, who is also one of the directors of Jagan Realtors Private Limited, which has several other relatives of Bansal on board."
May 8, 2013 Coal scam: SC calls CBI a caged parrot: "The Supreme Court, while examining the affidavit submitted by the Central Bureau of Investigation (CBI) in connection with coal scam, on Wednesday took a very strong stand and called the investigating agency a 'caged parrot speaking in its master's voice'. While seeking an undertaking from the government that the CBI would be made independent, the three-judge bench headed by Justice RM Lodha, also added that giving unbridled powers to the agency was not a possibility. The court said it will step in if the CBI was not made an autonomous body."
May 7, 2013 33% Indians feel offering cash to win biz is justified: Survey: "In India 69 per cent believe that bribery and corruption are widespread in the country"
May 7, 2013 Coal scam probe: Law Minister Ashwani Kumar avoids media: "Law Minister Ashwani Kumar avoided the media on Tuesday. He refused to respond to reporters' questions regarding the CBI coalgate row."
May 7, 2013 Railway scam: CBI arrests Ajay Garg, raids Mahesh Kumar's residence: "The Central Bureau of Investigation (CBI) on Tuesday arrested Ajay Garg, one of the key accused in the Railway Board bribery case. Garg was the aide of Railway Minister Pawan Kumar Bansal's nephew Vijay Singla. A Delhi court remanded him in CBI custody till May 9."
May 7, 2013 Railway bribery: Close aide of Bansal's nephew surrenders: "There seems to be more trouble for Railway Minister Pawan Kumar Bansal as his nephew Vijay Singla's close aide Ajay Garg is also in the CBI net. Garg has surrendered in a Delhi court in connection with the cash-for-jobs scam in the railways."
May 7, 2013 Railway bribery: CBI questions close aide of Bansal's nephew: "There seems to be more trouble for Railway Minister Pawan Kumar Bansal as his nephew Vijay Singla's close aide Ajay Garg is also in the CBI net. The CBI had launched a manhunt for Garg after questioning Singla and the other accused in the cash-for-jobs scam in the Indian Railways."
May 7, 2013 WB chit fund scam: How Saradha group looted the investors: "Investigations are on into the chit fund scam in West Bengal. There were thousands of crores of losses for those who can least afford it."
May 7, 2013 Bansal's nephew was in touch with Railways' top brass, say sources: "Pressure is building on Railway Minister Pawan Bansal over the Rs 90 lakh bribery case that his family is being probed over. Sources have told CNN-IBN that the CBI has procured data from Bansal's office and residence to zero in on how many times his nephew Vijay Singla or railway supplier Sandeep Goyal visited him."
May 7, 2013 Railway scam: BJP trains guns on Bansal family's pharmaceutical company: "The BJP has now claimed Theon Pharmaceuticals was involved in price fixing. Pawan Kumar Bansal's wife Madhu Bansal, sons Manish Bansal and Amit Bansal are directors in Theon Pharmaceuticals."
May 7, 2013 The Independent: India’s latest $2m corruption scandal is a very old scam: "Such appointments have been fixed for decades, often financed with money from companies that later benefit, as was allegedly planned in this case"
May 6, 2013 WB: Chit fund company chief found dead, wife alleges murder: "The wife of a chit fund company director on Monday filed an FIR seeking investigation into his death. According to the complainant, her husband was murdered by investors who mobbed him after he was unable to pay them back."
May 6, 2013 Cong backs tainted ministers: Is the party strategy of brazening it out going to work?: "The Congress core group which met on Sunday evening decided to brazen it out and allow these ministers to stay despite the Opposition raising the pitch for their sacking."
May 6, 2013 Lookout notice against ex-IAF chief SP Tyagi in chopper deal: Antony: "CBI has issued a lookout notice against a former IAF chief in connection with alleged irregularities in procurement of VVIP helicopters, Defence Minister AK Antony told the Lok Sabha today."
May 6, 2013 Is the entire banking and finance system prone to money laundering?: "As many as 23 public and private sector banks and insurance companies were on Monday accused of 'running a nation-wide money laundering racket' by online portal Cobrapost, prompting the Finance Ministry and regulator IRDA to initiate independent investigations into the matter."
May 6, 2013 Pawan Kumar Bansal main beneficiary in Railway bribery scandal: Arun Jaitley: "Speaking to CNN-IBN, BJP leader Arun Jaitley said the PM, the Railway Minister and the Law Minister must resign in the wake of the latest scams."
May 6, 2013 ' Both Ministers Should Be Sacked Immediately': "' Both the case of the law minister and the railway minister are cases of either direct corruption or covering up corruption'"
May 6, 2013 Railway bribery case: CBI probing nexus between RPF, middlemen: "The Central Bureau of Investigation (CBI) has now widened the ambit of its probe after the Railway Board bribery case. CBI sources say that the agency is now looking at a jobs-for-sale nexus between Railway Protection Force officers' association and middlemen."
May 6, 2013 23 banks, insurance firms engaged in money laundering: Cobrapost: "Special Investigations website Cobrapost has revealed that 23 banks and insurance companies have been engaged in money laundering. Among the 23 banks involved are mostly PSU banks including some big names like the State Bank of India, Bank of Baroda, Punjab National Bank, Canara Bank, IDBI, Oriental Bank and Dena Bank."
May 5, 2013 Turnover of Bansal sons' firm goes from 0 to Rs 152 crores in 5 years: "Himachal Pradesh-based Theon Pharmaceuticals Ltd, owned by railway minister Pawan Kumar Bansal's wife, Madhu, and sons, Amit and Manish, saw its turnover rise from zero to Rs 152 crore - period that also saw Bansal's political graph soaring."
May 5, 2013 Railway Min and Law Min to stay on: "After a three hour long meeting -- the Congress is deciding to brazen it out. The Government has decided to back its Ministers -- rejecting BJPs demand for Union Railway Minister P K Bansal and Union Law Minister Ashwani Kumars resignation, TIMES NOW -- the first to get the details -- 90 minutes before the official announcement. The party -- putting its weight behind the embattled Ministers -- deciding to revamp its spokespersons team overnight. Even as the oppositions attack on the Government is refusing to lose steam -- the Government -- clearly deciding to sit tight and fight right back -- hoping that this too will blow over."
May 5, 2013 BJP claims direct Singla-Bansal link: "The options before him are few - after the arrest of his nephew for allegedly receiving a bribe of Rs 90 lakh. "I have said what I had to in my statement," Union Railway Minister Pawan Kumar Bansal said. But despite Railway Minister's desperate attempts to steer clear of the scandal - his links to his nephew's business dealings are firmly under the scanner."
May 5, 2013 Railway bribery: CBI should prosecute Bansal, says BJP: "Attacking the government over the alleged Railway Board bribery case, Bharatiya Janata Party (BJP) on Saturday demanded Railway Minister Pawan Kumar Bansal's resignation and said the Central Bureau of Investigation (CBI) should prosecute the Union Minister."
May 5, 2013 Chit fund scam: Mamata govt cracks down on MPS group: "The West Bengal government has sealed the offices of MPS group, a business house that has an estimated liability of Rs 17,000 crore and is under the scanner of the Securities and Exchange Board of India (SEBI). The crackdown comes after the collapse of Saradha group's chit fund business in April, which affected thousands of depositors."
May 5, 2013 Law Minister made changes in coal scam report, CBI to tell SC: "The Central Bureau of Investigation (CBI) is likely to tell the Supreme Court on Monday that the agency's status report on coal scam was changed by Law Minister Ashwani Kumar. The details of the CBI affidavit, which it will submit before the Supreme Court on Monday, has been accessed by CNN-IBN."
May 5, 2013 30 Minutes: Coal scam and beyond: "The SC on April 30 tore into the UPA government and the Central Bureau of Investigation demanding answers on the government's alleged interference in the CBI coal allocations probe."
May 5, 2013 Congress is looting this country, says BJP: "BJP's Ravi Shankar Prasad on Sunday said that Congress is saving Railway Minister Pawan Kumar Bansal."
May 4, 2013 Railway bribery case: Nephew rose from obscurity, worked behind the scenes: "From living in a rented house in Panchkula about a decade back to owning a palatial house on a four-acre plot, and apparently also a mall, several showrooms, a school and several acres of land, the rise of Vijay Singla has been nothing but meteoric."
May 4, 2013 Govt's existence untenable: Jaitley: "Reacting to the Railgate, Leader of Opposition in the Rajya Sabha and member of BJP, Arun Jaitley today spoke exclusively on the issue. Terming the UPA a cash and carry government, Jaitley said that the continued existence of the Government is untenable. UPA once again found itself in the line of fire. After the Coalgate probe row where the Law Minister is facing fire, now Railgate has hit the Centre. Now, it is Union Railway minister Pawan Bansal who finds himself in the eye of the storm, after a direct charge that a top Rail Board post was being sold for crores by his nephew Vijay Singla. As the Railway minister came under Opposition fire, sources say Pawan Kumar bansal has now offered to resign. The CBI had earlier arrested Bansal's nephew Vijay Singla for accepting a 90 lakh bribe."
May 4, 2013 Rail min's nephew arrested by CBI: "In a sensational case of alleged bribery of Rs. 90 lakh for fixing a top level position in the government, Railway Minister P K Bansal's nephew was arrested on Friday (May 3) by the CBI which also held a Member of the Railway Board."
May 4, 2013 Coalgate and Railgate: UPA on the mat: "They are facing a crisis with controversy over coalgate probe report where one of their Ministers, Ashwani Kumar is under fire. Now, another minister Pawan Kumar Bansal is also under scanner with two of its minister's in the eye of the storm UPA government is completely on the mat."
May 4, 2013 Railgate trail revealed: "Times Now has been tracking the developments in the Railgate revelations through the day. Was a top job in the railways sold for Rs 10 crore? The entire bribe trail has been revealed.TIMES NOW gets you the inside story."
May 4, 2013 Railgate: Top job for 10cr?: "UPA once again found itself in the the line of fire... after the Coalgate probe row where the Law Minister is facing fire, now Railgate has hit the Centre. Now, it is Union Railway minister Pawan Bansal who finds himself in the eye of the storm, after a direct charge that a top Rail Board post was being sold for crores by his nephew Vijay Singla.The CBI had earlier arrested Bansal's nephew Vijay Singla for accepting a 90 lakh bribe."
May 4, 2013 Railway Board bribery: Pawan Kumar Bansal may quit: "As Pawan Kumar Bansal meets Prime Minister Manmohan Singh, speculations are rife that the Union Railway Minister might resign over the Railway Board bribery case. The Prime Minister, however, is unlikely to accept his resignation, said sources on Saturday."
May 4, 2013 Railway bribery: Bansal's nephew, 3 others sent to 4-day CBI custody: "The Central Bureau of Investigation (CBI) has got a four-day custody of Railway Minister Pawan Kumar Bansal's nephew Vijay Singla and three others in connection with a bribery scandal. The investigative agency on Saturday told the court that they need to find out the source of Rs 90 lakh and who was the ultimate beneficiary."
May 4, 2013 Mahesh Kumar agreed to pay Rs 10 crore to become Member (electrical): CBI: "In its FIR registered against eight persons, including Bansal's nephew Vijay Singla, CBI said Kumar had agreed to pay "illegal gratification" of Rs 10 crore to co-accused Sandeep Goyal, a businessman, for his appointment at a more lucrative post of Member (electrical) of Railway Board."
May 4, 2013 Mumbai admission racket: 22 MBAs from NMIMS to lose their jobs: "Twenty two management graduates of Narsee Monjee Institute of Management Studies (NMIMS), working in various companies, will lose their jobs and possibly face arrest in a forgery case."
May 4, 2013 Railway bribery: Bansal's nephew, 3 others sent to 4-day CBI custody: "The Central Bureau of Investigation (CBI) has got a four-day custody of Railway Minister Pawan Kumar Bansal's nephew Vijay Singla and three others in connection with a bribery scandal. The investigative agency on Saturday told the court that they need to find out the source of Rs 90 lakh and who was the ultimate beneficiary."
May 3, 2013 CBI books railway minister Pawan Bansal’s nephew for corruption: " Singla, along with two others, figures in a case registered by the CBI against senior railway official Mahesh Kumar, who took charge as member of the Railway Board only on Thursday. The CBI has alleged that the trio received a bribe of Rs 90 lakh as part payment for the promotion of Mahesh Kumar, who was earlier general manager of western railway headquartered in Mumbai."
May 3, 2013 Saradha scam: Centre did not take action because TMC was a former ally: "“The UPA stayed silent on the matter. It didn’t do anything for the last two years. The SEBI, RBI, SFIO were not allowed to act as the Trinamool Congress was supporting the UPA,”"
May 1, 2013 WB chit fund scam: Top aides of 2 Left leaders quizzed: "The probe in the West Bengal chit fund case has widened its ambit to the previous Left government. On Wednesday, the police questioned the top aides of two former Left ministers."
May 1, 2013 Odisha: Investors duped of nearly Rs 20,000 cr: "A scam as big as the chit fund fraud in West Bengal has been exposed, but this time it is in Odisha. A CNN-IBN exclusive shows how fraudulent investment companies are duping investors in the state. Investors have been swindled off nearly Rs 20,000 crore by 40 finance companies in Odisha."
May 1, 2013 Top Ten MMS Scandals: "he latest controversy involving Dr Manmohan Singh and his UPA government has its genesis in a March 2012 Draft CAG report on 'allocating coal blocks in an inefficient manner' during the period 2004–2009, when the coal ministry was directly under the charge of prime minister."
Apr 30, 2013 Coal scam: Govt's top law officers in a war of words: "The Supreme Court is scheduled to hear the coal scam case on Tuesday and decide whether the government tried to influence the Central Bureau of Investigation (CBI) probe. But there's more embarrassment for the UPA government ahead of the hearing with its top law officers in a war of words."
Apr 30, 2013 The Last Word: What does the SC's indictment mean for the CBI, govt?: "The Supreme court on Tuesday tore into the UPA government and the Central Bureau of Investigation demanding answers on the government's alleged interference in the CBI coal allocations probe."
Apr 30, 2013 Coal scam probe: PM, Law Minister in the line of fire: "The Supreme Court's observations on the CBI's affidavit on its coal scam report have been fodder for the opposition to step up the political heat. Law Minister Ashawni Kumar and Prime Minister Manmohan Singh are in the line of fire. However, the UPA's crisis managers have said that no decision on the Law Minister's future will be taken until the Supreme Court passes a final order."
Apr 30, 2013 Coal scam: Additional Solicitor-General Harin Raval resigns: "Additional Solicitor General Harin Raval on Tuesday resigned over coalgate. In a statement, he said, 'I am resigning as ASG in SC as desired. Please accept this with immediate effect and oblige. I am grateful for the opportunity to serve the government.'"
Apr 30, 2013 WB chit fund scam: Police question TMC MP Kunal Ghosh: "The police questioned Trinamool Congress MP Kunal Ghosh for 90 minutes regarding his involvement in the multi-crore West Bengal chit fund scam on Monday. Sources say Ghosh was asked about his position in the company, his deal with Saradha Group promoter Sudipta Sen on Channel 10 and whether he had anything to do with the financial aspect of the company."
Apr 30, 2013 Coalgate: Has the UPA govt lied to the Supreme Court?: "The Supreme court on Tuesday tore into the UPA government and the Central Bureau of Investigation demanding answers on the government's alleged interference in the CBI coal allocations probe."
Apr 30, 2013 CBI isn't independent, coal scam report wasn't shared with any outsider: CBI director: "CBI director Ranjit Sinha on Tuesday said that the agency was not embarrassed over the SC ire and said it will provide all the information sought by the apex court."
Apr 30, 2013 Watch: A cautious Coal Minister says 'no comments' to every question on coal scam: "Coal Minister Sriprakash Jaiswal was extremely cautious when CNN-IBN probed him on the coal scam."
Apr 30, 2013 Coal scam: SC tears into CBI, govt; asks why was it kept in the dark: "The Supreme court on Tuesday tore into the UPA government and the Central Bureau of Investigation demanding answers on the government's alleged interference in the CBI coal allocations probe. The Supreme Court sought to know why it was kept in the dark about the CBI sharing the investigation with the government. It called the government's vetting of the coal report a 'massive breach of trust which has shaken our foundation'."
Apr 29, 2013 Vetting of coal report: Top govt law officers indulge in blame game ahead of SC hearing: "Less than 24 hours before the Supreme Court takes up the coal scam hearing on Tuesday, a blame game broke out within the government over who was responsible for incorrectly telling the court that the CBI had not shared the contents of its status report on " Coalgate" with the political executive."
Apr 29, 2013 WB chit fund scam: Noose tightens around accused: "The West Bengal Police investigation into the Saradha chit fund fraud gathered steam on Monday as it summoned Trinamool Congress MP Kunal Ghosh for questioning over his role in the scam. Ghosh, however, denied all the charges saying it was a conspiracy against him."
Apr 29, 2013 CBI affidavit spells more trouble: "The CBI Director's submissions in the Supreme Court confirmed that the draft of the CBI status report was shared with the political executive. But there seems to be more trouble for the govt as the CBI submitted the original report & the amendments made with indications that the government's defence of having made only grammatical changes seeming to be on weak ground."
Apr 29, 2013 WB chit fund scam hits the state's film industry: "The West Bengal chit fund is getting bigger each day. It has now turns out that ponzi schemes in the state financed not just media houses but Tollywood films as well. In the past four years, at least one in three films has been produced by groups that run ponzi schemes."
| First Prev 10 11 12 13 14 15 16 17 18 Next Last |