Latest Realty News

Seashore Group into Diamond Trade
Jul 06, 2013
BHUBANESWAR: The Eco­nomic Offences Wing, which is investigating the financial fraud by Seashore Group, has found that the company was also into diamond busi­ness. Seashore chief Prashant Dash, who was arrested from Mumbai last month, fre­quented the Western Indian States in connection with its diamond business too. He had visited Surat apart from operating out of Mumbai.
No relief for Seashore CMD from district court
Jul 05, 2013
JEYPORE: In another setback to the Chairman-cum-Managing Director of Seashore group of companies Prashant Kumar Das, who is presently lodged in a jail in Koraput district, the District court here rejected his bail plea Thursday.
Seashore boss’s Mercedes seized from Mumbai
Jul 04, 2013
BHUBANESWAR: The Economic Offences Wing (EOW) of the Crime Branch seized a luxurious Mercedes-Benz car from the possession of Seashore Group CMD Prashant Dash. The EOW located the car from Mumbai where Dash was arrested by the police.
CB hot on trail of Seashore wealth
Jul 03, 2013
BHUBANESWAR/KORAPUT: After seizing 1,000 silver coins worth nearly Rs 44 lakh from Seashore Group CMD Prasant Dash's bank locker, the Crime Branch (CB) has launched a drive to locate more silver coins and gold ingots, which the company had allegedly purchased in past few years.
Ponzi company CMD again denied bail in Odisha
Jul 02, 2013
KORAPUT: A district court today rejected the bail petition of Seashore Group CMD Prashant Dash in the chitfund scam for the second time.
Seized film was screened in 2011 Mumbai festival
Jul 01, 2013
BHUBANESWAR: When the Crime Branch claimed to seize two reels of forthcoming Odia movie Matira Bandhan (The Inheritance) as the fraud deposit collection company Seashore head Prashant Dash had invested in it, the same film was already screened at the prestigious Mumbai Film Festival organsied by the Mumbai Academy of Moving Image (MAMI) on October 15, 2011 at Cinemax, Sion between 3.30 pm and 5.30 pm in the Indian Frame category. This was revealed by the programme schedule of the festival.
Chit fund scam Congress poll plank
Jul 01, 2013
BHUBANESWAR: In a bid to make the chit fund scam a major issue in the urban local body (ULB) polls scheduled later this year and the 2014 elections, the State Congress constituted a state-level cell to provide legal assistance to persons defrauded by the finance companies.
1,000 silver coins seized from Prashant's locker
Jun 30, 2013
BHUBANESWAR: The crime branch (CB) on Saturday seized 1,000 silver coins, each weighing 100 grams, from a bank locker of Seashore Group's CMDPrasant Dash, who has been charged with misappropriating investors' money worth Rs 450 crore.
Seashore bid to win back trust
Jun 28, 2013
CUTTACK: While CMD of Seashore group of companies Prasant Dash is cooling his heels in jail after his bail petition was rejected by a court in Koraput, the company is making efforts to win back the trust of investors.
I had no idea of Seashore investment in my film: Himanshu Khatua
Jun 28, 2013
BHUBANESWAR: Award-winning director Himanshu Khatua, whose movies 'Sunya Swarupa' and 'Kathantara' won critical acclaim spoke on the present status of the Odia film industry, controversy over his latest film 'Matira Bandhana' and the Gen-next filmmakers in an interview with Minati Singha. Excerpts:
Seashore chief in a corner
Jun 27, 2013
BHUBANESWAR: With a flurry of complaints filed following his arrest, Seashore Group chief Prashant Dash finds himself cornered.
Seashore chief bail rejected
Jun 26, 2013
BHUBANESWAR/KORAPUT: The Crime Branch (CB), probing the multi-crore fraud by controversial Seashore Group, said it is still groping in the dark about Rs 1,000 crore, which the money circulation company allegedly diverted to other businesses.
Crime Branch seizes film prints for Seashore link
Jun 26, 2013
BHUBANESWAR: The Crime Branch (CB), probing the alleged multi-crore fraud by Seashore Group, on Monday seized two prints of an upcoming Odia movie in which the company's CMD Prasant Dash invested more than Rs 50 lakh.
CB quizzes Seashore Group CMD
Jun 22, 2013
BHUBANESWAR: The Economic Offences Wing (EOW) of the State Crime Branch on Friday quizzed chairman and managing director (CMD) of Seashore Group Prashant Kumar Dash after he was brought by the EOW officials and the Semiliguda police on a six-day transit remand from Mumbai in connection with a multi-crore chit fund scam case.
Seashore gold rush to revive business
Jun 22, 2013
BHUBANESWAR: Despite recent police crackdown on non-banking financial companies, Seashore CMD Prasant Kumar Dash attempted to revive his money circulation business in Angul and Dhenkanal districts, Crime Branch (CB) sources said.
Crime Branch nabs Seashore boss from Mumbai
Jun 20, 2013
BHUBANESWAR: The Economic Offences Wing (EOW) of State Crime Branch today arrested controversial Seashore Group’s chairman-cum-managing director (CMD) Prashant Dash from Mumbai.
Minister Acharya has links with Seashore: Samata Kranti
Jun 05, 2013
BHUBANESWAR: The newly-floated Samata Kranti Dal (SKD) on Tuesday alleged that Finance Minister Prasanna Acharya has links with Seashore company, which has duped common people of crores of rupees, and demanded his removal from the Cabinet.
Police seal chitfund offices in Odisha
May 30, 2013
Cracking down on ponzy scheme companies, Odisha police said three more offices of Seashore Group were sealed and one of the directors of Artha Tatwa (AT) Group was arrested today, official sources said.
Crime Branch seals farmhouse, branch offices of Seashore Group
May 29, 2013
The Economic Offences Wing (EOW) of the Crime Branch (CB), probing the multi-crore financial fraud by Seashore Group, on Tuesday seized some immovable property of the dubious multi-business conglomerate in Bhubaneswar, Cuttack and Angul.

Latest Realty News Of State

Realty Talk's