Calcutta's tag archives

A Beggar opens a bank A/C, deposits 44 years of coins!

If a beggar comes to bank to open an account with a lump sum of money enough to apply for a credit card, how will you react to it? Surprised or shocked but it is true. An Indian beggar from Kolkata has opened a bank account using four large buckets full of coins that she has collected over 44 years. This 60 year old lady, Laxmi Das is collecting the coins received through begging for more than 4 decades in her small hut in a shanty town which amounts to nearly $800. Calcutta police...

OBC quotas to stay in IIM Kolkata: SC!

Setting aside the Calcutta High Court order of staying the implementation of 27 per cent quota for OBCs in post graduate courses in IIMs, the Supreme Court on Friday rejected the HC verdict and favored the OBC quota for IIM-C. "We cannot allow Calcutta High Court order to operate," a Bench headed by Chief Justice K G Balakrishnan said. "Can Calcutta High Court sit over the order of the Supreme Court," the Bench asked while vacating the stay. Yesterday the Calcutta High Court had stayed...