Since 2011-12, the ministry has probed a total of 102 companies while 96 chit fund companies have been investigated separately by SFIO.

"We will look into the matter how the website is still there on the web," an official of CBI, which is probing the fraud, told PTI when ask...

SFIO has made references to CBI in 11 transactions entered into by Saradha group companies and executives with various other entities, sour...

CBI sources said that Saradha had not been operating as a Non-Banking Finance Company, hence RBI had hardly any role in regulating its oper...

In the scam, lakhs of investors in West Bengal and neighbouring states were defrauded of thousands of crores through illegal money pooling ...

Mamata Banerjee on Friday lashed out at a section of the media, accusing it of "spreading canards and indulging in character assassination".

The agency has registered the fresh FIR against Saradha Constructions for alleged cheating, criminal conspiracy and criminal breach of trus...

Apart from Saradha group firms, SFIO is probing entities from various other groups including Rose Valley, Icore E-Services and Sunshine Ind...

Sudipta Sen today appealed to the Justice Shyamal Kumar Sen Commission to arrange for the sale of his property and make payment to all depo...

The probe, ordered in April, came in the wake of alleged defrauding of investors' money worth thousands of crores by Saradha group.

SFIO is likely to submit its probe report on alleged fraudulent money-collection schemes being run by 54 entities

The unravelling of Saradha has lifted the curtains on Bengal’s flourishing financial grey market where the plot is getting thicker by the d...

The government is forced to step in with a relief package. But if it is business as usual after this, another Saradha will soon emerge.

The complexity of transactions will make it harder to compensate investors as some of the companies appear to have little by way of assets.

Saradha Group, which mobilized over Rs 2,000 crore from West Bengal and other east and northeastern states, was not the only company that w...

These companies and the Saradha Group have a total of 49 subsidiaries, which are also being investigated.

The govt has directed the SFIO to probe three more West Bengal-based groups, suspected of defrauding investors through money-pooling scheme...