Financial products disguised as real estate deals offering Ponzi scheme-like returnsIn India, it’s practically impossible for anyone but the government to legally offer guaranteed or assured returns from financial products.
01 Dec, 2014, 08.38 AM IST
Giriraj Singh remains defiant as BJP tries to control damageFormer Bihar minister and senior BJP leader Giriraj Singh — whose statement that all those opposed to Narendra Modi should go to Pakistan h...
21 Apr, 2014, 03.46 AM IST
New Companies Act may sound death knell for disguised ponzi plansThe funds raised by any entity with a promise to refund with or without interest at the end of the specified period will be treated as a de...
04 Apr, 2014, 12.46 PM IST
Tamil Nadu can attach emu farms as they are financial establishments: HCTamil Nadu’s emu farms have been ruled by the Madras High Court to be “financial establishments.
01 Feb, 2014, 04.45 AM IST
- Exit the emu
Residents of Baroni village woke up to a strange sight two months ago — 10 emus plodding down the Tonk-Jaipur highway. They were taken to t...
20 Oct, 2013, 06.52 AM IST
Government to introduce Sebi laws amendments bill in parliament tomorrowGovernment will introduce tomorrow in Parliament the Bill to amend the Securities and Exchange Board of India (Sebi) Act.
11 Aug, 2013, 12.23 PM IST
10 emus land up in Rajasthan villageResidents of Baroni village in Tonk district were in for a surprise on Friday morning when a group of emus, the flightless bird of Australi...
06 Jul, 2013, 06.00 AM IST
- 651 abandoned emus up for auction
Since maintenance of the emu birds, abandoned by the fraudsters in the contract farming scam, was a costly affair for the state government,...
11 Mar, 2013, 03.26 AM IST
- Abandoned emus bleed government
Saving the thousands of emus abandoned by promoters after the scam came to light is proving to be a costly affair for the government.
29 Sep, 2012, 05.48 AM IST
From emu farms to guar crops: Why the desert is fertile for Ponzi schemesThe more arid the land, the more it is prone to Ponzi schemes, from cactus bugs to emu farms to guar crops. The history of busted dryland d...
09 Sep, 2012, 05.31 AM IST
Emus get a foster care from Tamil NaduEmus, birds native to Australia but orphaned in the southern state after being caught in an investment scam, will now receive foster care f...
20 Aug, 2012, 06.27 AM IST
- With complaints pouring in, hunt on for emu farm promoters
A search is on to detain emu farm owners who have gone underground since the bubble built around the Australian bird burst last week.
13 Aug, 2012, 05.09 AM IST
Starving emus in Tamil Nadu farm get foodThousands of emus, which were starving for days after a firm involved in commercial farming of the birds came under police net, were today ...
10 Aug, 2012, 06.05 PM IST
300 emus die of starvation in Tamil NaduOver 300 exotic emu birds died for want of feed and water at the main supply centre of Perundurai-based Susi Emu Farms at Kaniyoor near Sat...
10 Aug, 2012, 02.20 AM IST
- NABARD to promote livestock based micro enterprises
As per the central governments initiative NABARD has come out with a mix of credit-cum-subsidy to promote such schemes.
28 Jun, 2012, 10.52 PM IST
- Christmas makes turkey, emu & duck meats hot stuff
Farm-raised turkey, emu and duck meats are slowly entering the Indian dining tables as these exotic meats have caught the fancy of discerni...
30 Nov, 2010, 01.00 AM IST
- Railways wants private players for new-gen suburban rail coaches
Indian Railways has decided to step up its share of procurements from private sector players for new-gen suburban rail (EMU) coaches.
06 Mar, 2009, 07.22 PM IST