The Enforcement Directorate has arrested Sateesh Seth and Gautam Doshi, former directors of Reliance Telecom Ltd, under the Prevention of Money Laundering Act (PMLA) in Mumbai. They are being taken to Delhi for a case registered in the national capital.
The Union Housing and Urban Affairs Minister's announcement of four 'Namo Cities' aims to decentralise development and decongest Delhi, but experts warn that the initiative may face execution challenges similar to previous urbanisation plans due to inadequate coordination among NCR states.
The Enforcement Directorate has arrested Sateesh Seth and Gautam Doshi, former executives of the Reliance Anil Ambani Group, under the Prevention of Money Laundering Act (PMLA) in Mumbai. The arrests are linked to a case registered in New Delhi, and the duo will be transported there on transit remand.
A special CBI court in Tripura sentenced three executives of a chit fund company to six years of rigorous imprisonment each for swindling Rs 5.5 crore from over 800 depositors.
A 21-year-old delivery executive died in Nagpur after his scooter was hit by a speeding motorcycle. The biker and pillion rider sustained injuries. Police have registered a case and are investigating.
A Mumbai court has granted the CBI permission to arrest Amitabh Jhunjhunwala, a former senior executive at Reliance Group, in connection with a case involving the alleged misuse of bank loans. Jhunjhunwala was already in judicial custody in Delhi for a related money laundering case.
The Enforcement Directorate (ED) has arrested a former Kotak Mahindra Bank executive, Pushpinder Singh, alleged to be the mastermind of a Rs 145-crore fraud involving Panchkula municipal corporation officials, bank employees, and private individuals.
Despite a disappointing Q4 FY26 performance, many analysts remain bullish on Hindustan Aeronautics (HAL) due to its substantial order book and pipeline. However, persistent supply chain issues, particularly for jet engines, and execution challenges are key factors that could impact its future stock performance and revenue growth.
A 33-year-old female senior account executive in Gurugram died by suicide after jumping from her office building. Police have arrested her husband following allegations of harassment and abetment to suicide.
One 97 Communications, operating as Paytm, announced that its subsidiary, Paytm Europe Payments, has secured a payment institution licence from Luxembourg's financial regulator, CSSF, effective July 2, 2026. This licence permits services like execution of payment transactions, credit transfers, and acquiring payment transactions, marking a significant step in Paytm's European expansion strategy, supported by a recent 9 million euro investment from Paytm Cloud Technologies Limited.
Seven individuals, including senior executives from manpower firms, have been arrested in connection with alleged irregularities in overtime payments within the Chhattisgarh State Marketing Corp Ltd (CSMCL) during the previous Congress administration. The arrests follow an investigation into fraudulent billing practices and misappropriation of funds.
A Delhi court has granted the CBI's request to produce Amitabh Jhunjhunwala, a former executive of Reliance Anil Ambani Group (RAAG), before a Mumbai court in connection with an alleged bank loan fraud-linked money laundering case.
Nebex, founded by former Axiom Space executives, aims to build commercial infrastructure for the global space economy.
The Maharashtra government has confirmed that Mumbai's first desalination project is moving forward, with a work order issued and key clearances secured. This 200 MLD project, undertaken by the BMC, aims to address the city's growing water demand and will result in a minor tariff hike of 15-17 paise per litre.
The US Supreme Court has struck down an executive order by President Donald Trump that sought to restrict birthright citizenship. The ruling reaffirms that the 14th Amendment guarantees citizenship to all persons born on American soil, including children of undocumented or temporarily present parents. This decision overturns a key policy initiative from Trump's second term.
Police in Kozhikode, Kerala, have arrested a man for allegedly pelting stones at the Executive Express train last month, resulting in injuries to a passenger.
A special court in Pune has sentenced 65-year-old Bhimrao Kamble to death for the kidnapping, rape, and murder of a three-year-old girl in Nasrapur village. The victim's family expressed satisfaction with the verdict and called for its swift execution. The court termed the crime "rarest of the rare," delivering the sentence within 60 days of the incident.
India captain Shreyas Iyer praised Ireland for their exceptional performance and strategic execution in securing a historic 2-0 T20I series victory. Ireland defeated India by 34 runs in the first match and then by a solitary run in the second, showcasing their understanding of local conditions and strong teamwork. Irish skipper Lorcan Tucker expressed disbelief and pride in his team's character, while player of the series Moondra highlighted the importance of sticking to basics.
India's bowling coach Morne Morkel has indicated that the team management will continue to back openers Sanju Samson and Abhishek Sharma, despite the impressive performance of teen sensation Vaibhav Sooryavanshi. Morkel stressed the importance of showing faith in established players who have performed well previously, while also acknowledging the excitement around new talents like Sooryavanshi and pacer Prince Yadav.
India is sending a strong contingent of U-19 and U-23 boxers, including Asian Champion Vishvanath Suresh and World Boxing Futures Cup gold medallist Chandrika Bhoresh Pujari, to the Asian Boxing Championships in Jakarta. The championships will provide a crucial platform for young Indian talent to compete against the best in Asia.
Noel Tata, a veteran of the Tata group, announced his decision to step down as the chairman of Voltas, following a similar move at Trent, citing the development of a new generation of leaders within the company.
The All India Muslim Personal Law Board (AIMPLB) announced a nationwide movement against the 'deteriorating condition' and social and political marginalisation of Muslims in India, citing concerns over mob violence, demolition drives, and attempts to impose Vande Mataram.
The International Olympic Committee (IOC) Executive Board has officially approved the qualification system for cricket at the LA Olympic 2028, marking the sport's return after 128 years. The event will feature men's and women's T20 competitions with six teams each.
Former Sports Journalists Federation of India (SJFI) President S Sabanayakan has been elected to the Executive Committee of the International Sports Press Association (AIPS) during its 88th Congress in Lausanne, Switzerland.
A Delhi court has remanded former senior executives of Reliance Anil Ambani Group (RAAG) to five days of ED custody in connection with an alleged bank loan fraud-linked money laundering case.
At the heart of the decision is concern over the survival of Meghalaya's neighbourhood retailers.
Companies are investing heavily in complex injectables, respiratory therapies and biosimilars to improve margins and diversify portfolios.
Hyderabad-based SETL, a precision engineering company, has acquired a 51% majority stake in GScale Energy Private Limited, an AI Datacenter Engineering infrastructure specialist. This strategic move involves an initial investment of Rs 190 crore, with a total commitment of Rs 500 crore, marking SETL's expansion into the rapidly growing AI Datacenter sector and leveraging its expertise from pharmaceutical and chemical industries.
A new Class 9 NCERT textbook describes the judiciary as an "impartial and independent institution" that safeguards citizens' rights and upholds the Constitution, contrasting with a previous Class 8 textbook that sparked controversy over its depiction of judicial corruption. The new textbook was prepared before the Class 8 controversy erupted.
The Delhi government has approved the Delhi EV Policy 2.0, which will phase out fresh registrations of internal combustion engine (ICE) two-wheelers and three-wheelers over the next two years, starting with a ban on ICE 3Ws and N1 category LCVs from January 1, 2027, and ICE 2Ws from April 1, 2028.
A new Accenture report reveals that nearly half of all global cybersecurity positions remain vacant, primarily due to a critical shortage of professionals with both technical expertise and essential business acumen. The report highlights a significant gap between the skills required for modern cybersecurity and what the labour market currently offers, exacerbated by poor retention and underinvestment in upskilling.
The Reserve Bank of India's proposal to allow non-banking financial companies (NBFCs) access to the term money market is projected to significantly increase market volumes by 40-60 per cent in the first year, potentially doubling turnover within two to three years, according to treasury executives.
The outgoing Army Chief was accorded ceremonial honours and paid tribute at the National War Memorial.
Passenger vehicle sales in India are estimated to have surged by nearly 25 per cent in June 2024, reaching approximately 4 lakh units, with Maruti Suzuki, Tata Motors PV, and Mahindra & Mahindra leading the growth, despite concerns over geopolitical tensions and monsoon impact.
The Delhi High Court has reaffirmed the All India Tennis Association's (AITA) General Body's authority in amending its constitution, directing that proposed changes be put to a clause-by-clause vote by members. This interim order modifies a single judge's ruling, ensuring the federation's democratic processes are maintained while complying with new sports governance laws, with fresh elections mandated by September 30.
'With this deal, we may see even 50 launches a year within the next few years.'
Automobile manufacturers have informed NITI Aayog that they face significant challenges in tracing 20-25-year-old vehicles due to multiple ownership changes, hindering their ability to meet Extended Producer Responsibility (EPR) targets for end-of-life vehicles (ELVs). They are seeking government support, including access to updated Vahan registration records, to locate these vehicles and encourage owners to use authorised scrapping centres.
Crime scene reconstruction suggested Siya and her lover had allegedly planned and rehearsed the murder in advance.
The Kolkata police on Tuesday imposed prohibitory orders under Section 163 of the Bharatiya Nagarik Suraksha Sanhita (BNSS) in the Dharmatala area, including the traditional venue of Trinamool Congress' annual July 21 Martyrs' Day rally, for 60 days, citing intelligence inputs about possible violent demonstrations that could disrupt public order and traffic.
The move is to strengthen oversight, improve compliance, and boost patient confidence.
