Rose Valley Group

Mamata vs CBI: All you need to know about Saradha, Rose Valley chit fund scams agency is investigating

West Bengal chief minister Mamata Banerjee is on an indefinite dharna, 'Save the Constitution', in Kolkata in protest against the CBI trying to question Kolkata police commissionter Rajeev Kumar in chit fund scams.

SEBI rejects Rose Valley Hotels and Entertainment director's plea to revoke four year market ban

SEBI on Tuesday rejected a plea by Abhijit Dutta, a director at Rose Valley Hotels and Entertainment Ltd, for revoking the four-year securities market ban imposed on him

Rose Valley chit fund scam: Investors vandalise Kolkata-based group's property over slow probe

Investors in the scam-tainted Rose valley Group's ponzi schemes vandalised a premier property of the company protesting against non-refund of their deposits

Rose Valley chit fund scam: ED attaches assets worth Rs 300 cr of Kolkata-based group

Enforcement Directorate (ED) has attached Rs 300 crore assets of Rose Valley group in its ongoing probe against the chit fund company for money laundering

Tripura Congress seeks resignation of minister Bijita Nath for 'involvement in chit fund scam'

The Congress in Tripura on Monday demanded the immediate resignation of social welfare minister Bijita Nath, who received a CBI notice for interrogation in connection with the Rose Valley Group chit fund scam.

After Saradha, more skeletons emerge from Kolkata backyard

Saradha is just the tip of an ice berg that may have already sunk Rs 4,000 crore of poor investors' money.

Saradha scam: Are other chit fund companies doomed to fail?

Dozens of companies are supposed to have raised 20000 crores in Bengal itself in the last few years. Prominent among them are two companies - Rose Valley and MPS - who have business interests like resorts, real estate and agro business - similar to the likes of the Saradha group.

Two chit fund officials arrested in Tripura

Several agents of the chit fund company demonstrated before the police station and threw stones demanding release of the officials, the police said.

Footballers' salaries unrealistic because of chit fund companies: Bhaichung

Former India football captain Bhaichung Bhutia said if the chit fund scam, which has affected I-League clubs in Kolkata, was unearthed earlier his team United Sikkim would have hired better players for realistic salaries.