Tag: Investors

WhatsApp
Don't Want To Receive Whatsapp Messages, SC To Duped Investors

The top court was hearing an appeal filed by the Serious Fraud Investigation Office (SFIO) in the Heera Gold Exim case, where the firm is allegedly accused of collecting Rs 5,600 crore deposits from investors. The top court emphasised that the people who have been duped by the firm should refrain from adopting these tactics.

  • Wednesday, 09 February 2022
ROSE VALLEY
Duped investors of Rose Valley chit fund allege irregularities during refund

Banki: Duped investors of Rose Valley chit fund have alleged irregularities in the refund process which was initiated by the State government for small depositors with deposits less than Rs 10,000. Some depositors in Banki block under Dampada Tehsil of Cuttack district alleged that they were refunded way less money than what they had deposited. […]

  • Thursday, 29 July 2021
ICICI Lombard IPO kicks off; will continue till Sep 19

New Delhi: ICICI Lombard General Insurance Company, country’s largest non-life private sector insurer, opened up its mega Rs 5,700 crore initial public offer (IPO) on Friday. The offering will continue till September 19. The insurance company on Thursday raised Rs 1625 crore from 64 anchor investors including Goldman Sachs India, BNP Paribas, Kuwait Investment Authority […]

  • Friday, 23 July 2021
Oscar chit fund scam: Agents, investors from Gujarat stage demonstration

Bhubaneswar: Agents and investors from Gujarat, duped by the chit fund company Oscar, on Friday, staged a demonstration in front of Economic Offences Wing (EOW) of the Crime Branch here in Bhubaneswar demanding return of money. The agents in their protest urged for strict action against the ponzi directors and have demanded return of their […]

  • Thursday, 22 July 2021
chit fund
Chit fund scam: CBI team begins probe in Aska

Aska: A three-member team of CBI officials today arrived in Aska in Ganjam district to probe into the chit fund scam. Reports said the officials of the central investigating agency led by SP, Rajiv Ranjan Singh and Additional SP, Rajiv Sinha, after their arrival in Aska town, went to Revenue Inspection bungalow where they verified […]

  • Wednesday, 21 July 2021
128992
Process for identification of small investors to begin by Mar 15

Bhubaneswar: With the approval of the State Cabinet in the amendment of some provisions of the Odisha Protection of Interests of Depositors (in Financial Establishments) Act, 2011, the Odisha government has decided to start the process of identifying the small investors, allegedly duped by different ponzi firms, in the next two weeks. Informing the media […]

  • Monday, 19 July 2021
Ashok Lavasa
Finance Secretary meets US investors to woo BFSI investments

New Delhi: Indian Finance Secretary Ashok Lavasa met major US-based funds and global institutional investors at a conference held in New York to woo investments into the country’s Banking, Financial Services and Insurance (BFSI) sector, an official statement said on Tuesday. “Finance Secretary Ashok Lavasa interacted with renowned US-based funds and global institutional investors with […]

  • Monday, 05 July 2021
equity
Indian equities close with gains, banks stocks surge

Mumbai: Healthy buying in banking stocks pushed the Indian equity markets higher on Friday, coupled with broadly positive European indices, a marginally strong rupee and foreign funds’ inflows. The key indices provisionally closed the day’s trade in the green. The wider 51-scrip Nifty of the National Stock Exchange (NSE) rose by 21.70 points or 0.24 per […]

  • Monday, 05 July 2021
adani
Ind Inc promoters forced to draw loans by pledging their holdings

Mumbai: The stress in corporate India seems to be more deep seated than what is coming out from earnings numbers. A large number of India Inc promoters has been forced to draw loans by pledging their holdings in the company and keep their entities afloat. The top of the list is the Adani Group where […]

  • Tuesday, 04 May 2021
chit-fund
Chit fund scam: Three officials of GAH Multitrade arrested

Keonjhar: The district police has arrested three persons including managing director of GAH Multitrade Pvt Ltd on charges of defrauding investors in Odisha and outside the State. “Three persons have been arrested on Friday and a probe is currently underway,” said Suresh Chandra Patra, DSP (Crime), Keonjhar. As per reports, MD of GAH Multitrade, Subrat […]

  • Monday, 03 May 2021
priyanka-gandhi
Sponsored Events Abroad Don't Bring Investors: Priyanka On Howdy Modi

New Delhi: Congress General Secretary Priyanka Gandhi Vadra on Wednesday indirectly hit out at Prime Minister Narendra Modi’s diaspora outreach event ‘Howdy, Modi!’ in Houston, Texas on Sunday, saying that the ongoing slowdown was a speed breaker in his government’s claims of working towards making India a $5 trillion economy. “Creating a media blitz by […]

  • Sunday, 25 April 2021
S C Mohapatra
Odisha: Investors Should Not Be Asked To Run To Any Office Physically For Getting Clearance: Chief Secy

Bhubaneswar: Encouraged by investment proposals worth Rs 1.25 lakh crore during the pandemic, Odisha government on Friday asked authorities to ensure that investors are not asked to run to any office physically for getting clearance. The direction was issued by Chief Secretary Suresh Chandra Mohapatra while reviewing the progress in taking the Single Window Clearance […]

  • Tuesday, 06 April 2021
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