Saradha scam: CBI searches residence of former Union Minister
CBI today carried out searches at 28 locations including the residence of former Union Minister Matang Sinh here in connection with Saradha chit fund scam in which deposits of thousands of investors were allegedly swindled by ponzi companies. The agency teams of about 10-15 officials each carried... read more »
Gold demand drops 16% led by declines in India to China
London: Gold demand fell 16% in the second quarter, led by declines in India and China, the World Gold Council said. Global demand slipped to 963.8 tonnes from 1,148.3 tonnes a year earlier as jewellery purchases fell to the lowest since the fourth quarter of 2012, the London-based council said on... read more »
Mathew Martoma Must Forfeit USD 9.4 Million, Pay Fine: Preet Bharara Tells ...
New York: An Indian-origin portfolio manager, convicted for his role as the “central figure” in the most lucrative insider trading scheme in US history, should be ordered to forfeit about USD 9.4 million and pay a fine, federal prosecutor Preet Bharara has told court.Mathew Martoma,... read more »
