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.
Indian benchmark indices, Sensex and Nifty, experienced declines in early trade due to a surge in crude oil prices and significant selling pressure on bank stocks, impacting overall investor sentiment. Track Sensex, Nifty on July 22.
The National Testing Agency (NTA) has terminated 47 officials and plans legal action following the NEET paper leak controversy. This comes amidst widespread protests and demands for the Education Minister's resignation, as the NTA initiates a major overhaul and recruitment drive to strengthen its operations.
The 'Return to Play Post-Pregnancy Guidelines' for female cricketers, outline a six 'R's framework: Ready, Review, Restore, Recondition, Return and Refine.
Police in Dahod, Gujarat, have arrested seven members of an interstate gang who were planning to commit dacoity. The suspects, with 73 criminal cases across four states, were apprehended with sharp weapons and tools.
Police in Chhattisgarh's Mohla-Manpur-Ambagarh Chowki district seized 800 boxes of illicit liquor worth Rs 50.28 lakh from a truck attempting to smuggle the consignment into Maharashtra. The driver was arrested, and an investigation is underway to uncover the full smuggling network.
India's foreign exchange reserves increased by USD 1.08 billion to USD 676.237 billion for the week ended July 17, primarily due to a significant rise in foreign currency assets, despite a drop in gold reserves.
Indian golfer Diksha Dagar was the sole Indian player to make the cut at the Women's Scottish Open, finishing tied 35th after two rounds. While Pranavi Urs and Avani Prashanth missed the cut, Dagar's performance keeps her in contention and is crucial for her qualification for the AIG Women's Open. Korea's Jenny Shin leads the tournament.
P V Sindhu secured the Japan Open women's singles title, defeating Akane Yamaguchi in straight games.
The Sports Ministry has provisionally recognised the Federation of Motor Sports Clubs of India (FMSCI) as a National Sports Federation (NSF). This status makes FMSCI eligible for financial grants and is a significant step in the government's efforts to bring Formula 1 racing back to India, with a Task Force also being formed to explore hosting major motorsport events.
The Cockroach Janata Party (CJP) celebrated Union Education Minister Dharmendra Pradhan's resignation, calling it their first victory in the ongoing protest against the alleged NEET paper leak. Led by Abhijeet Dipke, the CJP vowed to continue their agitation until demands for compensation for student suicide victims and action against those responsible for the leak and police excesses are met.
Recent protests by CJP supporters attempting to march towards Parliament in Delhi highlight a recurring pattern of public demonstrations in the capital over the past 15 years. The article details several significant protests, including the 2021 farmers' tractor rally, the 2011 Anna Hazare movement, the 2012 Nirbhaya protests, anti-CAA demonstrations, and the 2023 wrestlers' protest, all of which involved attempts to reach central Delhi's high-security zones to press demands.
Cyber Police have arrested Abdu Rahman in Delhi, a key accused in a Cambodia-based online fraud network. This syndicate, which initially used online trading and loan scams, shifted to matrimonial platforms to defraud Indian citizens, including a Kochi doctor who lost Rs 37 lakh. The network recruits Indians to work in scam centres in Cambodia and has been responsible for numerous online frauds.
Indian benchmark indices Sensex and Nifty experienced a significant decline in early trade, with the Sensex falling over 500 points and the Nifty over 150 points, as Brent crude oil prices surged past USD 100 per barrel due to escalating geopolitical tensions in the West Asia. track sensex, Nifty on July 24.
Indian fast bowlers Akash Deep and Mukesh Kumar were on Friday appointed as Deputy Superintendents of Police (DSPs) by the Bihar government under its 'Medal Lao, Naukri Pao' policy, with Akash calling it a "big responsibility" and urging students to maintain peace amid the ongoing protests over the alleged NEET paper leak.
Two-time Olympics medallist PV Sindhu secured her first major title in two years at the Japan Open Super 750, defeating Akane Yamaguchi. This victory, which also made her the first Indian to win the tournament, has significantly boosted her confidence ahead of the World Championships. Sindhu reflected on her challenging journey, overcoming niggles and injuries to return stronger.
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.
India's outward foreign direct investment (FDI) plummeted by 47.9 per cent year-on-year to $3 billion in June 2026, according to the Reserve Bank of India (RBI), with declines across equity, debt, and guarantee commitments.
Four champions were crowned during the second week of the Esports World Cup in Paris. LYON won the Free Fire title, Team Vitality secured the Mobile Legends: Bang Bang Women's International crown, Dplus KIA emerged victorious in League of Legends, and PVISION triumphed in Dota 2, with several teams also making strides in the Club Championship standings.
Three alleged cyber fraudsters, including the mastermind, have been arrested in Gorakhpur for operating a fake merchant QR code racket. They used forged documents and mule accounts to channel money from cyber crimes, with transactions worth crores of rupees linked to cases across several states.
The FIFA World Cup final between Spain and Argentina garnered nearly 63 million viewers in the United States, setting new viewership records and highlighting football's increasing popularity in the country.
Indian benchmark indices Sensex and Nifty saw a significant rebound in early trade, driven by a sharp decline in crude oil prices and easing geopolitical tensions in the West Asia, which improved market sentiment and reduced inflation fears. Track Sensex, Nifty on July 27.
Jan Neta struggles at the box office while Dhamaal 4 continues its impressive run.
It was left to an incensed Gen Z to show the rest of India that enough was enough, and that the time had come to shatter the fear psychosis generated by the government's authoritarian approach to protests and criticism, points out M R Narayan Swamy.
Assam faces a severe flood crisis with 41 deaths and over 6.5 lakh people displaced, prompting intensified rescue operations and a critical alert for continued heavy rainfall.
Spain's Rodri claimed the Golden Ball as the tournament's best player, Unai Simon won the Golden Glove, and Pau Cubarsi was named the Best Young Player, leaving Lionel Messi without another personal honour despite his impressive World Cup performance.
Indian shooters endured a second consecutive medal-less day at the ISSF World Cup in Hangzhou, a crucial tune-up event before the Asian Games. While Vidarsa Vinod reached the women's 50m rifle three positions final, finishing sixth, other Indian participants struggled in various events, including men's and women's skeet, and men's 25m rapid fire pistol. The performance raises concerns ahead of the upcoming major competition.
Indian stock markets this week will be primarily influenced by a series of corporate Q1 earnings, the evolving geopolitical situation in West Asia, and fluctuations in crude oil prices, according to market analysts.
Indian benchmark indices Sensex and Nifty tumbled nearly 1 per cent for the third consecutive day, driven by a sharp spike in crude oil prices and significant selling in bank stocks, with Brent crude jumping to USD 95.27 per barrel.
Following Education Minister Dharmendra Pradhan's resignation amidst widespread student protests over the NEET paper leak, Congress leader Rahul Gandhi congratulated the youth, calling it a crucial step for education reform, and urged broader public action to hold the government accountable, demanding an apology from Prime Minister Narendra Modi.
Major life insurers in India reported close to double-digit growth in the value of new business (VNB) last financial year, primarily driven by increased sales of high-margin protection and non-participating (non-par) products.
Weightlifter Mirabai Chanu will not attempt the coveted 90kg snatch at the Commonwealth Games, instead prioritising the upcoming Asian Games where she aims to secure her first medal in the competition.
Law enforcement agencies in Mizoram conducted two significant anti-narcotics operations, resulting in the seizure of over 1.5 kilograms of heroin with an estimated street value exceeding Rs 3.3 crore. Five individuals were arrested in connection with these operations, which involved inter-state drug trafficking routes from Manipur and within Mizoram to Assam.
FMCG giant Nestle India reported a significant 48.26 per cent year-on-year increase in consolidated net profit, reaching Rs 958.68 crore in the June quarter of this financial year, driven by strong volume growth and consumer trust.
It's time for silhouettes that actually show up to the party. Fish-cut and A-line lehengas are having a major fashion moment, bringing just the right mix of drama and definition.
Holoflex Ltd, a leading anti-counterfeiting and security solutions provider, plans to invest Rs 30 crore over the next two years to establish a second manufacturing facility. This expansion is driven by increasing demand for integrated brand protection solutions and growing concerns over counterfeit products across various sectors, including essential goods. The company aims to significantly boost its revenue and strengthen its position in the rapidly growing anti-counterfeiting market.
Police in Meerut have arrested two individuals for allegedly running a fake Common Service Centre (CSC) to open fraudulent bank accounts using forged documents of unsuspecting, needy people. The accused used these accounts for online financial frauds, leading to the recovery of numerous fake IDs, bank cards, and other incriminating evidence.
India's youngest municipal chairperson, Diya Binu, on Tuesday lost office after a no-confidence motion moved by the Left Democratic Front was passed in Kerala's Pala Municipality with the support of rebel Congress councillors, ending the United Democratic Front's rule in the civic body.
Indian shooter Esha Singh won the gold medal in the women's 25m pistol event at the ISSF World Cup in Hangzhou, outperforming Olympic-medallist Manu Bhaker, who secured the bronze. Both athletes showcased strong performances, with Esha registering 40 hits in the final and Manu fighting through a competitive field to secure her medal.
The NASA-ISRO NISAR satellite has provided crucial data revealing the extent of ground displacement caused by recent twin earthquakes in Venezuela. Researchers used the satellite's InSAR technique to map surface changes, showing a significant 60-centimetre shift in areas like Caracas and La Guaira, explaining the severe damage. This marks the first use of NISAR's urgent response system for earthquake surface displacement mapping.
