The Income Tax Department raided at 70 places in eight Indian states for investigation against the charges that were made on former Jharkhand CM and MP for having disproportionate assets, on Saturday.

IT Department Director Ujjal Kumar Chaudhary said that his team is currently probing Madhu Koda and his liaisons Vinod Kumar Sinha and Sanjay Chaudhary for havind disproportionate properties at 70 places of eight cities of the country.

He further added that the search operation is based on the intelligence reports received recently.

Indiabulls Power started very weakly on Friday as it got a lukewarm response from investors. It ended with a downfall of 13% over its issue price. Indiabulls Power is listed in Bombay Stock Exchange.

The company lifted Rs 1700 crore with the help of public offer of 39.08 crore shares. It has decided to keep the price at the upper end of the price band.

Indiabulls power is listed in National Stock Exchange too, and it fell down by 15.11% at Rs 38.20 there. The company has observed an intra-day low of Rs 35.35 on the National Stock Exchange.

Queen of Pop, Madonna has recently disclosed a thrilling truth in front of camera. She revealed that her hectic schedule saved her from killing herself after her divorce with British filmmaker Guy Ritchie last year.

The 51-year old pop star said that she was really hurt after being divorced with Ritchie and she was distracted only by her work, which includes world tour.

Samsung Omnia II is likely to be launched by Verizon on November 1st in the Indian market. However, the company has not confirmed the report yet.

As per reports, the new handset will have a 65K WVGA R-type 3.7-inch AMOLED screen, with 5MP camera that can record videos at 720x480 pixels.

Powered by Windows Mobile 6.5, the handset also features Bluetooth, USB and Wi-Fi facilities.

Police claimed that they had solved the case of theft that took place at Kareena’s house. Moreover, the police officials had also recovered a pearl set and a ring worth Rs 41,000 and Rs 1.53 lakh in cash from the three domestic helps.

The robbery took place on October 8, and the trio had stolen cash and other valuables worth Rs 2.50 lakh from Kareena’s house.

The three arrested were identified as Pawansingh Chouhan (24), Anita Osami (35) and Tina Yadav (26), and they confessed the theft, said Additional Police Commissioner Amitabh Gupta.

India and World Bank have recently signed a deal, according to which WB will issue a loan of $4.2 billion for the infrastructure projects as well as for re-capitalizing the public sector banks.

The deal was signed in the presence of the legislative bodies of the central government, Indian Infrastructure Finance Co. (IIFC), PowerGrid Corp and the World Bank.

Bollywood’s hottest couple Saif Ali Khan and Kareena Kapoor created a record of longest on-screen kiss on the sets of their upcoming film "Kurbaan".

‘Kurbaan’ is directed by Rensil D’Silva, who thinks that a certain part of the sex-starved vierwers will come to the picture halls just to see Saif and Kareena in bed.

He added that this lovemaking moment by the hot Bollywood couple will definitely steam the audiences.

Bollywood hot and sexiest actress, Bipasha Basu is ready to play the role of an angry young woman in her upcoming film ‘Pankh’.

The Bengali beauty, who is fed of being known as sexy, will play the role of a Kashmiri girl in ‘Lamhaa’ and the alter-ego of a man in art-house movie ‘Pankh’.

The most talented and young face of B-industry, Asin has been seen dancing many times, but very few people know that she is a well trained classical dancer.

Asin started learning classical dance when she was just three years old.

In her upcoming film “London Dreams”, the actress plays a conservative South Indian girl’s role that grows up on Carnatic music and Bharatanatyam.

Director of ‘London Dreams’, Vipul Shah has made it clear that Asin’s role in the film is very much like her real life.

During the launch of its new multimedia mobiles in the Indian market, Karbonn Mobiles said that it is aiming to invest around Rs 100 crore in the current financial year.

Moreover, the company anticipates gaining 7-10 percent market share in the multimedia handset zone in India.

Karbonn Mobiles is a joint venture between Delhi-based Jaina groups and UTL.