The company said Valcambi was the engine driving the group's business, but Valcambi's audited accounts showed revenues that were only a fraction of what the group reported. That raised a major red flag.
The Department of Telecommunications (DoT) has introduced a new authorisation regime, replacing multiple licences with a single permission for principal telecom services, aiming to simplify compliance and accommodate evolving technologies. This move is expected to ease business operations, enhance fraud prevention with AI, and expand connectivity, especially through satellite networks.
A wedding ceremony in Khatima, Udham Singh Nagar, turned tragic when a dispute over dowry and the 'mehr' amount led to the bride's father suffering a fatal heart attack. Following his death, angry relatives and locals held the groom's party hostage and assaulted them, prompting police intervention to control the situation. An investigation is currently underway.
Uttar Pradesh's electorate has increased by over 84 lakh following the completion of the Special Intensive Revision (SIR), according to the final voter list. The revision exercise, conducted across all 75 districts, aimed to update and refine the electoral roll, resulting in a significant rise in both male and female voters, as well as an improved gender ratio.
Despite BEST employees calling off their indefinite strike, Mumbai's bus services remained significantly below normal on Monday morning, with only 57% of the scheduled fleet operational. Commuters experienced long waits, leading many to seek alternative transport. The strike ended after an agreement with Deputy CM Eknath Shinde, which included interim pay hikes and commitments for future improvements and clearing dues.
A man in Moradabad was arrested for allegedly concealing his religious identity, sexually exploiting a woman for four years, and then pressuring her to convert for marriage. The woman claims he defrauded her of Rs 12 lakh and that his family also pressured her to convert, leading to an appeal to the Chief Minister.
A new white paper released by the Tamilaga Vettri Kazhagam (TVK) government reveals that Tamil Nadu's direct debt has nearly doubled to an alarming 10 trillion in the past five years, exposing significant fiscal strain and a substantial debt burden on every citizen.
Despite numerous appeals, only two names have been restored to the West Bengal electoral rolls after 2.7 million deletions, raising concerns about voter access and the functionality of proposed tribunals.
MY Bharat, the flagship youth engagement platform of the Department of Youth Affairs, has been awarded a Guinness World Record for the 'Most Users to Take an Online Quiz in One Week' through its Viksit Bharat Young Leaders' Dialogue Quiz, engaging over 390,000 participants.
Investors should do thorough due diligence when selecting a platform.
Odisha Police busted a gambling racket in Sundargrah district, arresting 26 people and seizing cash, vehicles, and mobile phones. They also arrested a shop owner involved in IPL betting and are searching for three more suspects.
The Reserve Bank of India (RBI) reported a 5.7 per cent increase in counterfeit currency notes detected in the banking system during 2025-26, with fake Rs 500 notes showing the sharpest rise, becoming the most detected denomination.
Around 2 million commercial and domestic LPG cylinders will be required to meet demand from hotels, restaurants, and roadside eateries during the upcoming Char Dham Yatra 2026, according to Prajapati Nautiyal, Officer on Special Duty (OSD) for the Char Dham Yatra Administration Organisation.
The CBI has arrested two alleged masterminds from Mumbai in connection with the Rs 800 crore LUCC chitfund scam in Uttarakhand, officials said.
Uttar Pradesh Police have seized an illegal consignment of 14,520 litres of beer, valued at Rs 61 lakh, being smuggled from Punjab to Bihar. Two individuals from Rajasthan have been arrested in connection with the interstate operation.
UPI transactions in India reached record highs in May, driven by summer travel and the IPL, with transaction value hitting Rs 29.90 lakh crore and volume reaching 23.2 billion.
Odisha Vigilance has seized an additional 703 grams of gold from a bank locker belonging to Baikuntha Nath Behera, an assistant executive engineer, bringing the total recovery to 1.255 kg. Behera was arrested for possessing assets disproportionate to his known income, including over Rs 2 crore in cash, five buildings, 14 plots, and significant deposits.
Odisha Vigilance has seized an additional 703 grams of gold from a bank locker belonging to Baikuntha Nath Behera, an assistant executive engineer, bringing the total recovery to 1.255 kg. Behera was arrested for possessing assets disproportionate to his known income, including over Rs 2 crore in cash, five buildings, 14 plots, and significant deposits.
Kerala Police has issued a warning against the unauthorised recording and circulation of private visuals using mobile phone cameras, stating that such actions violate fundamental rights and are punishable under Section 66E of the Information Technology Act, 2000. The caution comes after public criticism of online media's conduct during a recent celebrity cremation.
Kerala Police has issued a warning against the unauthorised recording and circulation of private visuals using mobile phone cameras, stating that such actions violate fundamental rights and are punishable under Section 66E of the Information Technology Act, 2000. The caution comes after public criticism of online media's conduct during a recent celebrity cremation.
Two men have been arrested for allegedly cheating a 19-year-old Delhi resident of cryptocurrency worth around Rs 2 lakh after gaining unauthorised access to his crypto wallet through social media.
A finance company in Thane, Maharashtra, has reported being defrauded of Rs 25.96 lakh by five individuals who allegedly mortgaged fake jewellery to obtain loans. Police are investigating the case, which reportedly occurred in 2025.
rediffGURU T S Khurana answers readers' personal income tax queries
The CBI has arrested two alleged masterminds from Mumbai in connection with the Rs 800 crore LUCC chitfund scam in Uttarakhand, where over one lakh investors were reportedly defrauded.
Rajasthan Anti-Corruption Bureau arrests a station house officer and a constable in Udaipur for allegedly accepting an Rs 8 lakh bribe to avoid naming complainants in registered cases.
A 47-year-old woman has been arrested for allegedly stealing gold and diamond jewellery worth Rs 25 lakh from the house of Bollywood actor Raveena Tandon's brother after gaining the family's trust as a caretaker.
Three members of a gang, including its leader carrying a bounty of Rs 5 lakh, have surrendered before Jharkhand police, a senior officer said.
Odisha Vigilance arrested a cooperative official, Patitapaban Majhi, for allegedly misappropriating over Rs 33 lakh in government funds during his tenure at the Garhsantri Service Co-operative Society.
The Brihanmumbai Electric Supply and Transport (BEST) undertaking arranged special bus services for students appearing in the NEET re-examination in Mumbai, deploying 60 buses on 24 routes for approximately 180 trips, despite an ongoing strike by its employees that has paralysed public transport.
Amid cross-voting from both ruling and Opposition ranks, the Bharatiya Janata Party-led Mahayuti on Monday swept 16 of the 17 Maharashtra Legislative Council seats from local authorities' constituencies even as Nashik delivered a surprise defeat to the governing bloc.
Three unidentified individuals broke into an elderly man's home in Mullakkara, Thrissur, tying him up and stealing gold ornaments worth Rs 49.5 lakh and Rs 50,000 in cash. The police have launched an investigation, examining CCTV footage and tracking vehicles near the National Highway.
The Motor Accident Claims Tribunal (MACT) in Thane has awarded 7.76 lakh in compensation to a man who suffered permanent disability after being injured in a roadside accident in 2015. The tribunal rejected the insurer's claims of contributory negligence and breach of policy conditions.
A 45-year-old man has been arrested in Uttar Pradesh for allegedly stealing gold ornaments worth Rs 4.50 lakh from a woman on a local train in Thane. Police used CCTV footage and a tip-off to locate and apprehend the suspect.
A house in Delhi's Hari Nagar was burgled while the occupants were at a temple, with gold, silver, and cash worth lakhs stolen. Police are investigating the incident and searching for the suspects.
The Enforcement Directorate is investigating a large-scale cyber fraud operation involving 5,300 Indian SIM cards used from Cambodia by a Malaysian national-led gang, duping people of hundreds of crores. The probe follows raids in Rajasthan and Punjab, identifying 30 bank accounts linked to the fraud.
Taxability in property transactions depends on the actual source of funds and beneficial ownership, not on whose name appears in the purchase agreement.
Delhi Police have arrested two men in Jaipur, busting a mule account syndicate that allegedly routed proceeds from cyber frauds through multiple bank accounts. The investigation began after a Delhi resident lost Rs 1.91 lakh, leading to the discovery of a sophisticated money-laundering operation involving loan repayments.
Punjab Police have dismantled a significant cross-border illegal arms, drugs, and hawala network, apprehending four individuals and two juveniles, including an Afghan national. The operation led to the recovery of heroin, pistols, cartridges, and drug money, with investigations ongoing to identify further links.
A PIL has been filed in the Supreme Court seeking a detailed constituency-wise disclosure of disenfranchisement caused by the Special Intensive Revision (SIR) of electoral rolls in West Bengal.
Latur police conducted a 21-hour operation targeting illegal liquor operations, resulting in 74 cases and the seizure of illicit liquor worth Rs 4.19 lakh. The drive also led to arrests under the Arms Act and for drunk driving.
