ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Business

Airtel will continue to assist authorities probing Saradha scam, says spokesperson

New Delhi [India], Mar 29 (ANI): Telecom major Bharti Airtel said on Friday it has always been compliant with laws of the land and will continue to assist authorities probing Saradha chit fund scam.

ANI Mar 29, 2019 20:37 IST googleads

New Delhi [India], Mar 29 (ANI): Telecom major Bharti Airtel said on Friday it has always been compliant with laws of the land and will continue to assist authorities probing Saradha chit fund scam.
“We can confirm that we have provided the information that the concerned authorities/investigating agencies had requested for, and will continue to assist them," said an official spokesperson of Airtel.
"As a responsible corporate, we have always been and shall remain compliant with the laws of the land,” the spokesperson added.
Earlier during the day, the Supreme Court sought a response from two telecom service providers--Vodafone Mobile Services and Bharti Airtel Limited--on a Central Bureau of Investigation (CBI) petition claiming that the two firms are not cooperating with the agency in connection with the Saradha chit fund scam.
The bench, headed by Chief Justice Ranjan Gogoi, issued a notice returnable by April 8 to the two telecom companies.
The probe agency said it has been writing to the two service providers regarding call records of certain mobile phone numbers since last year. It also accused the two telecom service providers of being “surprisingly evasive in sharing the information."
“Till date, despite repeated requests of the applicant (CBI) and despite the specific direction of the Government of India, the service providers have not shared the information as sought…," read the plea by the CBI.
The Saradha Group financial scandal was a major scam caused by the collapse of a Ponzi scheme run by the conglomerate. The multi-crore-rupee chit fund scam allegedly involves several key leaders from the Trinamool Congress. (ANI)

Get the App

What to Read Next

Business

Kiddo Raises Pre-seed Round of 12.5 Cr Led by Campus Fund

Kiddo Raises Pre-seed Round of 12.5 Cr Led by Campus Fund

Bangalore (Karnataka) [India], September 17: Kiddo, the category-focused quick-commerce app for baby care that embeds life-stage intelligence into the shopping experience for young parents, has raised its pre-seed round of 12.5 Crs led by Campus Fund and a clutch of strategic angels. The investment will support customer acquisition, dark store expansion across Delhi NCR, technology and product development, and team building as Kiddo scales to become the default platform for baby-care purchases in urban India.

Read More
Business

SEBI examining operational concerns over new MDR framework: Chair

SEBI examining operational concerns over new MDR framework: Chair

Capital markets regulator SEBI will examine operational concerns flagged by stockbrokers and Asset Management Companies (AMCs) regarding the newly introduced Merchant Discount Rate (MDR) rules for UPI transactions, Chairman Tuhin Kanta Pandey said on Thursday.

Read More
Business

NSE mobilises Rs 6,746 crore from anchor investors ahead of IPO

NSE mobilises Rs 6,746 crore from anchor investors ahead of IPO

National Stock Exchange of India Limited (NSE) has raised about Rs 6,746 crore from anchor investors ahead of its initial public offering (IPO), with Life Insurance Corporation of India (LIC), Government Pension Fund Global, Monetary Authority of Singapore and several domestic and overseas institutional investors participating in the anchor book.

Read More
Business

EPFO wage ceiling hike could benefit up to 1 crore new workers: M

EPFO wage ceiling hike could benefit up to 1 crore new workers: M

Union Labour and Employment Minister Mansukh Mandaviya on Wednesday said the increase in the EPFO wage ceiling from Rs 15,000 to Rs 25,000 per month could benefit between 50 lakh and one crore new beneficiaries by bringing more workers under mandatory social security coverage.

Read More
Business

UPI MDR is a welcome move: Mohandas Pai

UPI MDR is a welcome move: Mohandas Pai

The central government's decision regarding MDR and UPI is a welcome move that will help fund the infrastructure needed to support rapidly growing digital payment volumes, former Chief Financial Officer and Board Member of Infosys Mohandas Pai has said, noting that nearly 96 per cent of UPI transactions would remain unaffected.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.