A Promising Crypto Scheme Collapses, Leaving Hundreds of Investors in Trouble A suspected cryptocurrency Ponzi scheme has unravelled in Tamil Nadu's Madurai and Dindigul districts, sparking protests from hundreds of small investors, daily-wage workers, homemakers, and auto-rick...
Cursor Could Lose OpenAI Models After SpaceX Acquisition Triggers Contract Review OpenAI plans to end its agreement to provide AI models to Cursor, the AI coding platform now owned by Elon Musk's SpaceX, in a move that could further intensify the long-running rivalry between Musk a...
₹100 Crore Property, ₹3.5 Crore Deal and 21 Absences: 72-Year-Old Woman Arrested The Economic Offences Wing (EOW) of the Mumbai Police has arrested 72-year-old Amina Usman Dada in an alleged property fraud case, involving a South Mumbai property valued at around ₹100 crore. The ar...
₹2.30 Crore Invested Through Fake Trading Platform, Surgeon Loses Entire Amount A 49-year-old surgeon working at a private hospital and residing in Bandlaguda Jagir has allegedly lost ₹2.30 crore in an online trading fraud. Cybercriminals allegedly added him to a WhatsApp group a...
Maharashtra FDA Cancels Cipla Pune Drug Sale Licences Over Regulatory Violations The Maharashtra Food and Drug Administration (FDA) has cancelled the drug sale licences of Cipla Pharma & Life Sciences Ltd's Carry and Forwarding (C&F) unit in Pune, after inspections found alleged i...
McKesson Discloses Cyberattack as ShinyHunters Claims 28 Crore Data Records Stolen McKesson has disclosed a cybersecurity incident involving unauthorised access to third-party applications and the theft of data, while the ShinyHunters extortion group has claimed responsibility, sayi...
CBI Bribery Probe Continues After Thane Court Rejects Custodial Remand The Central Bureau of Investigation has arrested an IRS officer serving as Additional Commissioner of Central Goods and Services Tax in Maharashtra's Raigad district, a CGST superintendent, and a priv...
The Business Was Growing 40% a Year. But Poor Tax Planning Was Eating Into the Profits For years, the founders of a growing Indian business had what most entrepreneurs would consider a good problem. Sales were rising by almost 40% every year . New customers were coming in. The team was ...
When a SEBI-Registered Investment Adviser Got More Than One Thing Wrong — And the Regulatory Consequences Followed For an investment adviser, getting a SEBI registration is only the beginning. The real responsibility starts after registration — when clients are onboarded, risk profiles are prepared, investment adv...
When a Property Dispute Becomes a PMLA Investigation: What the Vatika Case Reveals A real estate transaction usually begins with a promise. A buyer pays money, receives an allotment, waits for the promised delivery and expects the property to eventually become an asset. But when yea...
When a ₹160 Crore Bank Loan Turns Into a Money-Laundering Investigation A bank loan can look straightforward on paper. A company borrows money for working capital, purchases machinery, issues letters of credit, pays suppliers and continues its operations. The bank monitor...
Trump Declares Emergency Over Foreign Equipment in U.S. Power Grid Washington | August 27, 2026 U.S. President Donald Trump has declared a national emergency over the presence of foreign-made equipment in the country's electric power grid, citing concerns that the ex...
