According to the latest revelation, Bollywood actor and comedian Boman Irani’s son Danesh could come under the police scanner after it was revealed that a huge sum of money from the QNet scam was allegedly transferred to his bank account.
Stock Guru scam: ED attaches Rs83 crore assets of Khaire
The properties seized by ED include some ‘benami’ immovable assets that Ullas Prabhakar Khaire and his wife Raksha of Stock Guru had allegedly purchased on fake identities Initiating its first action in the multi-crore Stock Guru scam, the Enforcement Directorate (ED) has issued attachment orders on properties worth Rs83 crore of main accused Ullas Prabhakar […]
Your TED-inspired New Year’s Resolutions
If you’re dreading the inevitable day your New Year’s resolutions—to lose weight, get a better job, and drink less, perhaps?—fall flat, it might be because you need different resolutions. Instead of focusing on outcomes, why not set your sights on process in 2014? Here, 10 resolutions you can’t fail at, inspired by TED Talks published […]
Finally after two years the crime branch of Mumbai Police registered a case in the Rs 2,276 crore Speak Asia scam, police yesterday filed a charge-sheet. “We have filed a charge-sheet running into more than 5,000 pages against 13 office-bearers and franchisees and eight companies,” said a police officer. Speak Asia promoters started an online […]
Empower Network, another MLM selling blogging platform and dubious products
Empower Network is an online MLM, which is conning people by selling online marketing products by promising high commissions for a monthly fee Is there another ‘Speak Asia’ in the offing? Empower Network is luring thousands of people across the world under the pretext of selling online blogging platform and ‘the secret formula’ to get […]
Asha Gupta appointed as Tupperware group president,Asia pacific region
One more Indian CEO makes it big in the international arena. Asha Gupta, presently Managing Director, Tupperware India and Area Vice President, Tupperware Brands – Asia Pacific has been appointed as Group President, Asia Pacific with effect from January 1, 2014. She will now be responsible for driving the growth and expansion of the entire […]
Investors clash with employees of chit fund company, demand money back
A day after hundreds of duped depositors from different parts of the State staged a massive demonstration demanding refund of their money, Opposition Congress on Wednesday sought a clarification from Chief Minister Naveen Patnaik on his government’s plan to return money to the investors who had been cheated by chit fund companies. The issue was […]
Pallavi Joshi’s bail plea rejected by Nagpur district court
Nagpur: The bail application of Pallavi Joshi, Shreesurya group director and co-accused in the scam, was rejected by Nagpur District and Session Court on Friday. The bail plea was dismissed by Special judge CS Tarare after the prosecution as well as counsels for the investors persistently
Herbalife shares rose to 7% despite Ackman’s pyramid scam charges against the company
The shares of Herbalife Ltd rose up to 7% on Friday. This has come as a surprise in spite of current attacks from its activist investors Bill Ackman about the nutrition firm being a pyramid scam. A pyramid scam is defined as a scam wherein the company or members of the company promise its investors […]
Swedish companies showing interest to invest in India
New Delhi: According to a business climate survey conducted by the Swedish Chamber of Commerce in India, though the temperament of Swedish companies to invest in India remains extravagant, 54 per cent of companies find Indian labour regulations problematic to their operation and growth. This was the sixth time, the survey was conducted and the […]