Laxity in enforcing KYC and allied norms suspected; money laundering gaps also on probe panel's mind
Adani Group Chairman Gautam Adani announced a capital expenditure programme of over 2 trillion for Adani Power, aiming for 45 gigawatts (Gw) capacity in five years, including a significant entry into nuclear power with a target of 10 Gw by 2035 through Adani Atomic Energy.
The Centre on Thursday informed the Delhi high court that the Telegram messaging app was being exploited for illegal activities ranging from cybercrime and financial frauds to terrorism and circulation of leaked examination papers.
'...A new challenge has emerged in the form of Mythos.'
Jio Platforms Ltd, the digital services arm of Reliance Industries, has filed draft papers for an initial public offering (IPO) aiming to raise approximately USD 4 billion (about Rs 37,700 crore), which is expected to be India's largest ever IPO.
Modi's comments on underlining the importance of ensuring the safety of seafarers came against the backdrop of growing anger in India over the killing of the three Indian crew members in a US military attack on a merchant ship off the coast of Oman last week.
A technology institute in Indore has developed an 'AI Yoga Coach' that can distinguish between correct and incorrect yoga postures and provide real-time guidance to practitioners.
'We are targeting a 2.5x to 3x increase in valuation by FY31.'
'India has initiated a bear market and we will still go lower. It has nothing to do with the economy.'
Fintech platform Decentro has received final approval for a Payment Service Provider (PSP) licence from the IFSCA at GIFT City, enhancing its cross-border payment capabilities.
Kumar Mangalam Birla urged young people to 'build in India, build for India and build for the world'.
'There is a challenge in repositioning yourself, maybe reinventing yourself.'
India's electric vehicle market is experiencing an unprecedented boom with a 37 per cent increase in new entrants, driven by supportive policies and infrastructure.
API Holdings, the parent company of online pharmacy PharmEasy, has significantly reduced its debt from 1,800 crore to 1,050 crore and refinanced it at lower interest rates under CEO Rahul Guha, shifting its focus from 'growth at any cost' to profitability and aiming for a debt-free balance sheet before a potential stock market listing.
Students and families must stress test repayment capacity based on Indian salary standards.
Paytm, operated by One97 Communications, is not actively seeking a non-banking financial company (NBFC) licence, preferring partnership models for lending operations, according to its Group CFO.
'Of our population of 1.4 billion, 80 per cent are into doomscrolling.'
Indian archers Jyothi Surekha Vennam and Dhiraj Bommadevara plan to use the upcoming Archery World Cup stages as testing grounds for equipment changes ahead of the Asian Games later this year. Both archers are part of the 12-member Indian squad for the Asian Games, scheduled to begin in Aichi-Nagoya, Japan from September 19.
Indian archers Jyothi Surekha Vennam and Dhiraj Bommadevara will use upcoming Archery World Cup stages to experiment with new equipment ahead of the Asian Games in Japan.
'When I look at India's relative valuations, these are by far the lowest I have seen in my 35-year career.' 'The relative 12-month trailing performance is among the weakest I have seen, and foreign investor positioning is at a 16-17 year low.'
'We strongly believe that anyone with capability and a strong work ethic should have a chance at the top job.'
Companies are already diversifying sourcing, raising prices, and reworking operating models as the disruption drags on.
Prime Minister Narendra Modi urged US President Donald Trump to prioritise the safety of Indian seafarers in the Strait of Hormuz during the implementation of Washington's proposed Iran peace deal, as both leaders focused on repairing strained bilateral relations at the G7 summit.
Fintech giant One97 Communications, which operates Paytm, has decided against applying for a Non-Banking Financial Company (NBFC) licence, favouring its existing partnership model.
Reliance Industries Ltd (RIL) has expressed caution regarding 'extreme volatility' risks stemming from the West Asian conflict, which could impact global oil demand and the company's margins, while also noting that near-term retail consumption demand may remain sensitive to macro conditions. Chairman Mukesh Ambani, in the annual report, remained silent on the timeline for Jio Platforms' anticipated public listing, stating the group will 'continue to evaluate strategic pathways'.
The crisis-hit NSEL is promoted by Jignesh Shah-led Financial Technologies (India) Ltd.
'Exploration should be made easier and companies should be given operational flexibility.'
Fintech giant Paytm reports a consolidated profit of Rs 183 crore in Q4 FY26, marking a significant turnaround driven by its core payments business, growth in loans, and consumer-side profitability. The company is also prioritising investments in AI and has ruled out applying for an NBFC licence.
Most actively-managed equity mutual fund schemes outperformed their benchmarks despite volatility across domestic equity markets during the past year.
The Quad grouping has expanded cooperation in critical minerals and energy, while unveiling new measures to boost maritime surveillance and port infrastructure across the Indo-Pacific. This move comes against the backdrop of China's growing military posturing in the region, with ministers reiterating strong opposition to destabilising actions and expressing serious concerns over militarisation of disputed features.
'Wipro's challenge is not lack of ideas. In fact, some of its recent structural moves are arguably bolder than peers.' 'The problem is proving it can operationalise these bets faster and more consistently.'
'I own a few cars that I have had specified minutely to my taste, and it does feel nice to know that there are no other vehicles like them anywhere in the world.'
Telangana's DGP C V Anand has directed the police force to collaborate and intensify efforts to eradicate drug trafficking in the state. The focus will be on advanced technology, tracing financial trails, and crushing foreign syndicates. The DGP also highlighted the need for educational institutions to take responsibility and report drug-related incidents.
An FIR has been registered against unknown individuals for allegedly sending fraudulent messages in the name of e-commerce platform Udaan, promising cash rewards and disrupting its operations.
Several Indian Super League (ISL) clubs have hinted at uncertainty regarding their participation in the 2026-27 season due to ongoing issues surrounding the domestic top-tier competition. The clubs are reviewing their commitment beyond the current season amid disagreements with the AIFF over commercial partnerships and league structure.
'The situation globally is quite challenging, but we have the confidence and courage of conviction that we will come out winners even in this challenging time.'
The Centre has notified draft rules for the Viksit Bharat - Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2025, outlining the framework for the new rural employment programme replacing MGNREGA. The draft rules are open for public feedback until June 21, 2026.
The Gujarat CID Crime has dismantled an international cryptocurrency network worth Rs 226 crore, revealing links to a front organisation of the terror group Hamas. Nine individuals have been arrested in connection with the syndicate, which is implicated in cyber fraud, narcotics, and terror funding.
Mahindra & Mahindra Ltd reported a significant 48.5 per cent jump in consolidated profit after tax to Rs 5,259.91 crore in the March quarter, primarily attributed to strong performance in its auto and farm sectors, alongside ambitious plans for new SUV and EV launches.
Jignesh Shah, who is fighting legal cases in the NSEL's Rs 5,600-crore scam, has resigned as the Managing Director of Financial Technologies India, a company set up by him, and will become its Chairman-Emeritus.
