News
Actor Yash is angry over allegations of fraud
timesofindia.indiatimes.com
[Times of India] - On Monday, several of the actor's neighbours in Mysore claimed that Yash and his family owed them money from as far back as eight years ago. While Yash confirmed that he dealt in chit funds before he became an actor, he denied having wronged anyone.
Mutual funds: Greed could lead
archive.indianexpress.com
[Indian Express] - Minister of State for Corporate Affairs, RPN Singh recently informed Parliament that over 87 chit funds and multi-level marketing (MLM) companies were under scanner of the government and their books would be scrutinised by the ministry. There are
Shriram Group faces challenges scaling up its non-lending businesses
businesstoday.intoday.in
[Business Today] - The group also has a substantial presence in enterprise and consumer finance through Shriram City Union Finance and in chit funds through Shriram Chits, the group's first venture, which Thyagarajan, then working with New India Assurance, founded in
FDI in multi-brand retail comes into effect
www.hindustantimes.com
[Hindustan Times] - FDI will also not be allowed in lottery business, chit funds, manufacturing of cigars and cigarettes and transport (other than Mass Rapid Transport Systems). At least 30 per cent of the value of procurement of manufactured and processed products should
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