Couple nabbed for duping banks, using fake papers

The Economic Offences Wing (EOW) of the Crime Branch, Orissa, on Friday began probe into the alleged financial fraud committed by the West Bengal-based Saradha Group in the state. A team of Crime Branch officials broke open the locked offices of the company ...

Vicky Nanjappa explains how the player-bookie nexus works A report by the Financial Intelligence Wing, and interrogation of several arrested bookies, has revealed the manner in which players are lured into spot-fixing and how money is parked in financial institutions. The report states that a set of bookies are chosen for the operation. These persons belong to a cartel controlled by the underworld. When this cartel targetted the IPL, it threw in Rs 3000 crore into the market and recovered Rs ...

The economic offences wing (EOW) arrested a 39-year-old who offered financially unviable returns on their investments and a flat for just Rs 1.08 lakh.

With the primary objective of checking the practice of swindling money from the public by non-banking financial companies (NBFC), an Economic Offence Wing has been set up in Manipur Police Department. The Economic Offence Wing was set up by the institutional ...

The Comptroller and Auditor General (CAG) Tuesday came down heavy on the Delhi transport department for financial impropriety and failing to implement schemes properly.The government auditor's report was presented in the Delhi assembly. "The department ...

Zions Bank's Women's Financial Group is now accepting applications for its 2013 Smart Women Grants, which are micro-grants of $3,000. The deadline to apply is June 28. The program is open to anyone whose proposal promotes the empowerment of women or ...

(Edgar Glimpses Via Acquire Media NewsEdge) Forward-Looking Statements The following discussion and analysis should be read in conjunction with our consolidated financial statements and related notes thereto included elsewhere in this registration ...

In what would finally kick-start the monetisation of Air Indias real estate assets, public sector undertakings IDBI Bank, (SBI), Oil and (ONGC) and (PFC) have evinced interest in securing the airlines prime plot of land on here. Proceeds from the ...

By Clementine Wallop and Francesca Freeman Gold's longest slump since the financial crisis stretched into its eighth day Monday while silver briefly tumbled to its lowest level since September 2010. Falling appetite for the safe haven of gold has ...