Telangana's Anti-Corruption Bureau (ACB) has registered a Disproportionate Assets case against a Civil Supplies department official in Mahabubabad district. Searches at seven locations revealed assets worth approximately Rs 9.41 crore, including immovable and movable properties. The investigation is ongoing, with further verification of assets and their sources underway.
Seven of them posted losses, led by Air India, with their combined net loss widening to Rs 31,823 crore in FY26 from Rs 17,553 crore a year earlier and Rs 1,555 crore in FY20.
Shiv Sena (UBT) leader Sanjay Raut has accused Maharashtra FDA officials of extorting money from hotels and quick-commerce businesses by threatening licence suspensions. He has demanded an independent inquiry into these allegations, claiming that FDA offices have become "extortion hubs" and that officials are bypassing legal procedures.
Tata Consultancy Services (TCS) announced a 15 per cent increase in net profit, reaching Rs 13,884 crore for the September quarter, driven by an 11.22 per cent rise in revenue from operations.
The Directorate of Revenue Intelligence (DRI) has seized over 5.8 kg of foreign-origin gold, valued at Rs 8.98 crores, following a high-speed highway chase near Visakhapatnam, Andhra Pradesh. Two individuals transporting the gold from Kolkata to Hyderabad, which was smuggled via the India-Bangladesh border, have been arrested and remanded to judicial custody.
Karnataka authorities conducted a three-day statewide crackdown on illegal diversion of subsidised Public Distribution System (PDS) foodgrain, seizing 5.65 lakh kg of rice and 24 transport vehicles worth a total of Rs 4.76 crore. Six criminal cases have been registered against nine individuals, and two officials have been suspended for dereliction of duty.
Four farmers in Latur, Maharashtra, suffered an estimated loss of Rs 14 lakh after their harvested soybean stocks were allegedly set on fire by an unidentified person late on Monday night. The incident occurred amidst drought conditions, exacerbating the financial hardship for the farmers who had cultivated the crops with limited water. Police are investigating, and villagers are demanding justice and financial assistance for the affected.
A Rajasthan Police constable was arrested in Kota after nearly Rs 14 lakh, allegedly sourced from illegal drugs, was recovered from his car. He was subsequently remanded for four days for interrogation.
A businessman from Vrindavan, Ratan Lal Agarwal, was defrauded of Rs 30 lakh in a "digital arrest" scam. A cyber fraudster, posing as an ATS officer, threatened Agarwal with a criminal case linked to his wife's mobile number and kept him under constant surveillance, coercing him into transferring the money. Police have registered a case and frozen part of the scammed amount.
A woman in Gurugram was arrested for allegedly blackmailing a man she met on a dating app, extorting approximately Rs 90 lakh by threatening to file a false rape case. Police set a trap and apprehended her while she was accepting an additional Rs 50,000.
HCLTech announced a robust 21.18 per cent increase in its Q2 FY27 consolidated net profit, reaching Rs 5,132 crore, largely propelled by the strong performance and higher margins from its advanced AI operations and a reduced tax burden.
The CBI has initiated an investigation into an alleged Rs 65-crore investment scam involving Viswadeepthi Multi State Agri Co-operative Society Ltd, following a directive from the Kerala High Court. The society is accused of inducing public deposits with high interest rates but failing to repay them, leading to significant financial losses for depositors.
The Jammu Crime Branch has filed a chargesheet against an education consultant, Lalit Sharma, for allegedly duping multiple individuals of over Rs 37 lakh by falsely promising to arrange work visas abroad, particularly to Canada. The investigation confirmed the receipt of funds and established an offence under Section 420 of the IPC.
'Elevated crude prices and unchanged domestic fuel prices would put pressure on the profitability and cash flows of OMCs.'
Police in Navi Mumbai arrested a Nigerian national, Anyi Ikechukwu Darlington, and seized mephedrone and cocaine worth Rs 3.57 crore. The accused, previously arrested in a drug case, was out on bail and is now under investigation for his role in a drug distribution network.
The Enforcement Directorate has conducted searches across Keralam in connection with alleged irregularities amounting to Rs 92 crore in three cooperative societies: Urban Cooperative Society, Thennela Service Cooperative Society, and Kuttanellur Cooperative Bank.
Customs officials at Indira Gandhi International Airport in New Delhi arrested an Indian passenger arriving from Bangkok and seized 12.85 kg of suspected ganja, valued at approximately Rs 4.5 crore, on Friday. The passenger was intercepted on October 6, and the contraband was found in his trolley bag.
A 76-year-old man was fatally attacked with an iron cobbler's tool in Nagpur following a dispute over a Rs 20 payment for slipper repairs. The accused, Dilip Pawar, has been arrested, and a murder case registered.
Customs officials at Kempegowda International Airport in Bengaluru seized over 70 kg of hydroponic ganja, valued at Rs 24.53 crore, from 10 passengers arriving from various countries. The arrests were made on October 1 and 2 under the NDPS Act, with seizures including significant quantities from passengers arriving from Bangkok and Kuala Lumpur.
'People started fearing Nana Patekar's frankness. Kuchh bhi bol sakta hai yeh. He once pointed to a major respected politician's belly and asked 'Kya hai yeh?''
The Indian Cabinet has approved Fairfax Financial Holdings' Rs 52,878 crore bid to acquire a 60.72 per cent stake in IDBI Bank, marking the country's largest foreign direct investment in the financial sector.
Police in Hansi district recovered over Rs 1.5 crore in cash from a car during a checking operation. Three occupants of the car, from Sirsa and Fatehabad, could not explain the source of the funds or provide documentation. The Income Tax Investigation Directorate has been informed for further investigation.
Across all 10 schemes from FY24 to FY26, print media captured 58.8 per cent of the total ad spending, followed by electronic media at 19.5 per cent, digital media at 14.6 per cent, and outdoor media at 7.2 per cent.
A textile company director in Thane was allegedly defrauded of Rs 20.58 crore by five individuals who promised to secure loans for factory expansion and government uniform supply contracts. The accused reportedly misused financial documents and misappropriated funds.
The Supreme Court has upheld the Bombay High Court's decision to quash the Yes Bank administrator's write-off of Rs 8,415 crore worth of Additional Tier 1 (AT-1) bonds, criticising the RBI and Yes Bank's conduct.
Two men, including alleged mastermind Adeeb Khan, have been arrested in Delhi for cheating a person of Rs 15 lakh by posing as Direct Selling Agents (DSAs) of private banks and offering low-interest loans. Police recovered Rs 6.95 lakh in cash, and efforts are underway to apprehend a third absconding associate and trace the full money trail.
A case has been registered against two Brihanmumbai Municipal Corporation (BMC) engineers and a private individual for allegedly demanding a Rs 3.5 lakh bribe from a contractor. The bribe was sought to clear bills for civic works in Mumbai's M-East Ward. The Anti-Corruption Bureau (ACB) has registered a case and conducted searches.
The Mizoram government has announced a cash reward of Rs 40 lakh each for hockey players Lalremsiami and Lalthantluangi, who were part of the Indian women's team that won gold at the Asian Games. Chief Minister Lalduhoma felicitated the athletes, highlighting their historic achievement for the state and the government's commitment to promoting hockey through schemes and infrastructure development.
The National Green Tribunal (NGT) has permitted the Shaheed Veer Narayan Singh International Stadium in Raipur to host three women's international cricket matches in October. This approval comes with the condition that the stadium deposits Rs 20 lakh for groundwater recharge, addressing its previous failure to use sewage treatment plant (STP)-treated water instead of groundwater for ground maintenance.
Foreign Portfolio Investors (FPIs) became net sellers in September, withdrawing Rs 35,860 crore from Indian equities due to global uncertainties, high US interest rates, and elevated crude oil prices, with outflows continuing into October.
Two Indian passengers arriving from Bangkok were arrested at Indira Gandhi International Airport in New Delhi after Customs officials seized nearly 4 kg of suspected ganja, valued at Rs 1.38 crore, from their baggage. The duo was intercepted based on profiling, and the contraband was recovered from their trolley bags. They face charges under the NDPS Act.
A special MPID court in Mumbai has framed charges against developer Vijay Machhindar, his wife, and their company Ornate Spaces Pvt Ltd for allegedly cheating homebuyers and investors of Rs 28 crore. The charges relate to failing to deliver flats in an Oshiwara residential project and not returning the invested money, leading to a trial under IPC, MPID, and MOFA provisions.
Hockey India has announced significant cash awards for the national women's team and support staff following their historic gold medal win at the Asian Games in Japan. The team defeated defending champions China 1-0, securing India's first women's hockey gold at the event in 44 years, with Lalremsiami scoring the winning goal.
Asian Games individual gold medallist golfer Pranavi Urs will be awarded Rs 1 crore by AM Green IGPL. The league will also award Rs 25 lakh each to the Indian women's team members for their silver medal. Urs is the first Indian woman to win an Asian Games golf gold since 2002.
The Supreme Court registry has identified over 10 defects in the petition filed by Congress leader Rahul Gandhi and other opposition leaders concerning alleged large-scale voter deletions and irregularities in electoral rolls. Issues include missing ID cards, illegible pages, and a court fee shortfall. The petition seeks an independent audit of the Special Intensive Revision process.
Reliance Industries Ltd (RIL) has successfully raised a total of Rs 25,000 crore through domestic bond issues in September, including a recent Rs 13,000 crore 10-year bond at 7.90 per cent, as it prioritises funding certainty amidst expectations of a possible RBI rate hike and rising borrowing costs.
Ayushmann Khurrana's Udta Teer managed a decent first week at the box office, navigating a crowded release schedule where several new Hindi films struggled to find an audience.
A live-in couple in Chhatrapati Sambhajinagar, Maharashtra, allegedly sold their one-month-old baby for Rs 1.2 lakh. The infant was subsequently resold multiple times, eventually reaching Hyderabad. Seven individuals, including the parents, have been arrested, and the baby has been rescued and placed in an orphanage.
The portfolio could be split between listed and unlisted investments, or structured along sectoral lines.
Madhya Pradesh police conducted a large-scale operation, 'Operation Prahar', in Khargone district, seizing cannabis plants worth nearly Rs 3 crore. Drones were instrumental in locating the illegal cultivation sites in remote tribal areas, leading to the confiscation of over 15,000 plants. Four accused are currently absconding, and cases have been registered under the NDPS Act.
