Michael Ferreira held 80% shares in a franchisee of Hong Kong-based QNet, which ran a 'Ponzi scheme', seeking investments between Rs30,000 to Rs7.5 lakh
1 min read19 Oct 2016Former billiards champion deposes before Mumbai Police in connection with the `425 crore scam following a court directive
1 min read27 Jan 2014Michael Ferreira is wanted for questioning by Mumbai police in connection with an alleged `425-crore scam spearheaded by QNet
1 min read8 Jan 2014The police action comes after Ferreira failed to appear before investigators for questioning
1 min read3 Jan 2014The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared