Tuesday, 6 November 2018

How this single mom ran a ponzi scheme

THE ECONOMIC TIMES
Tue, Nov 06, 2018 | 06:22 PM IST

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How Nowhera Shaikh ran a multi-crore Ponzi scheme How Nowhera Shaikh ran a multi-crore Ponzi scheme
Few would have known then that the now 45-year-old burqa-clad, single mother would go on to form 17 companies which would boast of 2 lakh plus investors across the southern and western states, and have a combined turnover of over Rs 1,000 crore.
The cost of remitting $1 billion: 117 lives The cost of remitting $1 billion: 117 lives
The West Asian Gulf expat dream was long suspected of being a nightmare in disguise — latest data on the human cost of remittances from the region just confirmed those suspicions.
All you want to know about anti-pollution air masks All you want to know about anti-pollution air masks
Not every mask is helpful or efficient. Research has already shown that simple surgical or cloth masks are ineffective when it comes to protection from finer particles such as PM2.5. Experts have recommended a class of masks called N95 and N99 respirator.
China opens airshow with big jet model, fighter jet flypasts China opens airshow with big jet model, fighter jet flypasts
China on Tuesday kicked off its largest airshow with a display of its aviation ambitions, unveiling a life-size model of a long-haul jet it is developing with Russia and showing off its J-20 stealth fighter jet (in pic) in a roaring flight demonstration.
Bill Gates backs China's toilet revolution Bill Gates backs China's toilet revolution
As one of the world's richest men and most active philanthropists, Bill Gates usually has his hands full. Just not with poop. So it came as a surprise when the founder of Microsoft brandished a jar of human waste at a forum on the future of the toilet in Beijing on Tuesday.
The man who would be king, eventually: Prince Charles turns 70 The man who would be king, eventually: Prince Charles turns 70
When Prince Charles, who turns 70 next week, becomes king on the death of his mother Queen Elizabeth, will have waited longer than any of his predecessors to head a royal family that dates back 1,000 years.
Kerala govt deploys policewomen above 50 yrs at Sabarimala Kerala govt deploys policewomen above 50 yrs at Sabarimala
The Kerala government has declared its resolve to enforce the Supreme Court's order on women's entry into Sabarimala temple, but it deployed only policewomen over 50 years of age at the shrine when it opened Monday, a move welcomed by both the Congress and the BJP.
World Wide Web inventor wants new 'contract' to make web safe World Wide Web inventor wants new 'contract' to make web safe
British computer scientist Tim Berners-Lee, who in 1989 invented the worldwide web as a way to exchange information, calls on governments, companies and citizens to iron out a 'complete contract' for the web that will make the internet 'safe and accessible' for all by May 2019.
Five ways to get a headstart on performance appraisals Five ways to get a headstart on performance appraisals
It is that time of the year when most organisations kick off the performance appraisal of their employees. One must keep in mind that the entire year's performance depends on this process and all measures must be taken to ensure that all goes well.
Pragati Express gets 'Utkrisht' makeover Pragati Express gets 'Utkrisht' makeover
Each coach has a different, pleasing interior with color coordinated vinyl film wall patterns and interior paint.
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