Jio Platforms' initial public offering has garnered an overwhelming institutional demand of approximately Rs 2.5 lakh crore, significantly exceeding its Rs 8,110-crore anchor book, with global and domestic investors vying for a stake in the Reliance Industries subsidiary.
A Delhi resident was allegedly defrauded of Rs 1.35 lakh by two individuals who promised him a driver's job with a monthly salary of Rs 32,000. The victim made multiple online transactions but never received the job, and the money was not returned. The accused are now reportedly demanding an additional Rs 20,000.
A 41-year-old man, Pawan Kumar Dugar, has been arrested in New Delhi for allegedly defrauding a garment trader of approximately Rs 2 lakh. Dugar posed as a supplier, shared fake documents, and took money for goods that were never delivered. Police apprehended him in Badarpur and recovered a mobile phone used in the crime.
Police in Palghar, Maharashtra, seized banned tobacco products and pan masala worth Rs 49.24 lakh from a tempo on the Mumbai-Ahmedabad highway. The vehicle's driver was arrested, and a case was registered under the Bharatiya Nyaya Sanhita and the Food Safety and Standards Act.
Former Shimla SSP and DIG Sanjeev Kumar Gandhi has been booked in another FIR for allegedly misusing Rs 14.07 lakh designated for police constables' residences to renovate his own official residence. This follows an audit report revealing irregularities in Rs 1.28 crore meant for maintenance. He was also previously booked on Thursday for misappropriating Rs 2.35 lakh.
Tamil Nadu Chief Minister C Joseph Vijay congratulated para-athlete Sivarajan Solaimalai for winning a silver medal at the fifth Asian Para Games and announced a Rs 50 lakh cash incentive. The government praised Solaimalai's dedication, highlighting his achievement as an inspiration for other aspiring athletes.
Jhansi police arrested a government school's officiating headmaster, Govind Das Arya, on Thursday for allegedly tampering with a cheque to embezzle Rs 2 lakh from mid-day meal funds. The case was registered on August 9 following a complaint by the village head, Seema Singh, who accused Arya of increasing a cheque amount from Rs 15,000 to Rs 2.15 lakh and misappropriating the funds.
Three passengers arriving from Bangkok were arrested at Kempegowda International Airport in Bengaluru after customs officials seized hydroponic ganja worth Rs 8.38 crore in separate incidents on October 22. The arrests were made under the NDPS Act.
A 41-year-old man, Pawan Kumar Dugar, has been arrested in New Delhi for allegedly defrauding a garment trader of approximately Rs 2 lakh. Dugar reportedly posed as a supplier, shared fake documents, and took money for goods that were never delivered.
The Directorate of Revenue Intelligence (DRI) seized foreign currency worth approximately Rs 1.56 crore and arrested two passengers at Hyderabad's Rajiv Gandhi International Airport. The currency, including US dollars and Malaysian ringgit, was found concealed in cabin baggage of passengers attempting to fly to Kuala Lumpur.
A Delhi court has denied bail to Karan, an alleged member of an organised cybercrime gang, in a case involving over Rs 20 lakh. The court cited the serious nature of the allegations, the accused's role, and the unrecovered funds as reasons for dismissal, noting that his previous bail plea was also rejected in May this year.
Faridabad police have arrested six individuals in connection with a cyber-fraud case where Rs 50 lakh was swindled using a company CMD's photograph on WhatsApp. The police managed to freeze Rs 29 lakh of the defrauded amount. The accused, from Mumbai and Gujarat, were produced in court and sent to judicial custody.
Police in Kollam, Kerala, busted an alleged counterfeit currency printing unit at a man's house, seizing equipment and fake notes worth approximately Rs 2.5 crore. The discovery was made during a probe into the man's disappearance and suspected hawala transactions.
Jio Platforms Ltd's Rs 30,213-crore initial public offering (IPO) has garnered bids worth Rs 3.73 lakh crore, achieving a subscription rate of 5.57 times the shares on offer, driven by robust institutional and anchor investor demand.
A gym owner in Navi Mumbai has been arrested for allegedly blackmailing his woman business partner and extorting Rs 38 lakh. He threatened to circulate her objectionable videos, which he secretly recorded after establishing physical relations. The victim filed a complaint, leading to his apprehension and remand in police custody.
Mid and smallcap mutual fund schemes in India have quadrupled their assets under management (AUM) to 10 trillion in five years, driven by strong investor inflows and market gains, with experts anticipating continued growth despite mixed valuations.
Assam Police have seized drugs worth Rs 13 crore and arrested five individuals in two separate operations in Guwahati and Nagaon. This comes as part of a sustained anti-drug campaign in the state, which has seen seizures totalling Rs 125.05 crore in the last two weeks.
Shimla police have registered an FIR against former city SSP Sanjeev Kumar Gandhi for allegedly misappropriating Rs 2.35 lakh from a government fund and defrauding a police constable. The constable claimed he was not reimbursed for Rs 1.87 lakh spent from his personal account on official duties, despite signing a payment voucher.
Mumbai Police's Crime Branch has arrested two individuals, Machhinder Ankush Pashte and Vaibhav Vilas Harad, for allegedly extorting Rs 80 lakh from a businessman. The duo was caught red-handed accepting an instalment of Rs 30 lakh in Andheri (West), having previously collected Rs 40 lakh using forged documents and threatening the victim with a pistol.
Indian IT major Infosys announced a 6.2 per cent increase in its consolidated net profit, reaching Rs 7,823 crore for the second quarter ending September 30, alongside a 10.2 per cent growth in revenue from operations.
Forty-two naval vessels are already on order, while the navy has the government's initial go-ahead to procure another 78 ships and submarines and 120 fast interceptor craft, worth approximately Rs 2.41 trillion.
Madhya Pradesh Lokayukta police raids have uncovered 46 immovable properties worth an estimated Rs 64 crore allegedly linked to head constable Firoz Khan, his family, and associates. The properties, including houses and land, far exceed his legitimate income over 24 years of service, prompting an ongoing investigation under the Prevention of Corruption Act.
The Railway Protection Force (RPF) in Thiruvananthapuram Division has seized 943 kg of narcotic substances valued at Rs 54.98 crore in 108 cases between January and September this year. These efforts are part of Operation NARCOS, a nationwide initiative to prevent the railway network from being used for drug trafficking. The RPF also detected cases involving banned tobacco products and IMFL during the same period.
The Delhi Police's Financial Monitoring Cell prevented potential losses of Rs 1.53 crore in "digital arrest" scams across five states. Their Proactive Victim Identification and Protection Team intervened to save multiple victims, including senior citizens, from transferring additional money to fraudsters who impersonated officials and threatened arrest for fabricated crimes.
The Mumbai crime branch has dismantled an interstate drug syndicate, seizing over two kilograms of high-grade heroin worth Rs 10.16 crore and arresting three individuals. The operation is part of a larger drive against narcotics networks in the city, with further investigations underway to trace the supply chain and apprehend more involved parties.
The CBI has arrested a medicine specialist and a contractual staffer from Delhi's Bhagwan Mahavir Hospital for allegedly accepting a Rs 1 lakh bribe. The doctor, a nodal officer for outsourcing, sought the bribe to ensure a tender was not cancelled and bills were cleared. Both accused were apprehended and are being interrogated.
Police in Muzaffarnagar have busted a gang involved in printing and circulating counterfeit currency, seizing fake Rs 500 notes with a face value of over Rs 5 lakh. Three individuals were arrested, and equipment used for printing the fake currency was recovered.
Jio Platforms Ltd's (JPL) public offer, valued at Rs 30,213 crore, was fully subscribed within 100 minutes of opening, making it the fastest-ever subscribed IPO in India, driven by strong institutional demand.
Indian golfer Pranavi Urs, who won a gold medal at the Asian Games, was presented with a cheque of Rs one crore by MP Anurag Thakur on behalf of the Indian Golf Premier League (IGPL) in recognition of her achievement.
Police in Beed district busted a gambling den, arresting 11 individuals and seizing cash and items worth Rs 11.08 lakh. The raid occurred on Saturday at a sports and recreation centre.
Sustained selling by foreign investors is weighing on domestic equities, with the benchmark Sensex and Nifty 50 down 15.60 per cent and 14.4 per cent, respectively, this year.
The Enforcement Directorate has seized assets worth over Rs 136 crore, including land parcels and bank deposits, in a money laundering investigation against Gurugram-based realty firm Ocean Seven Buildtech Pvt Ltd (OSBPL) and its promoters. The case involves allegations of defrauding home buyers by collecting over Rs 118 crore for undeveloped projects and diverting funds. OSBPL promoter Swaraj Singh Yadav was arrested in November 2025 in connection with the fraud.
Rajasthan Police arrested Wasim Hussain in Gurugram for his alleged role in a cyber fraud case. A Jaipur resident was swindled out of Rs 22 lakh after fraudsters, posing as an American citizen, promised a job abroad for his son and demanded various clearance fees. Hussain allegedly provided mule bank accounts used to receive part of the defrauded amount.
Odisha Vigilance department arrested Superintending Engineer Prasanjit Das after seizing over Rs 21.88 lakh in unaccounted cash from him. Das, accused of demanding bribes, was intercepted on Friday night, and further cash was found during searches at his residences. He faces charges under the Prevention of Corruption Act, 2018.
A Kolkata-based lottery firm, Tiger Associates, donated Rs 260 crore to Tamil Nadu's DMK and AIADMK in 2025-26, significantly increasing its contributions from the previous financial year. The firm accounted for nearly 74% of the combined contributions reported by the two parties, highlighting a concentration of political funding. The disclosures also revealed contributions from electoral trusts and a link between Tiger Associates' partner and lottery magnate Santiago Martin, whose other firm was a major electoral bond purchaser.
The Union Sports Ministry has committed a grant-in-aid of Rs 2000 crore to the Gujarat Government for hosting the 2030 Commonwealth Games in Ahmedabad. This funding, based on 2025 rates and expected to reach Rs 2500 crore by 2030, will be disbursed from the Assistance to National Sports Federations (ANSF) scheme. Ahmedabad won the bid last year to host the centenary edition, which is anticipated to be a grand event featuring 15 to 17 disciplines, unlike the scaled-down Glasgow Games.
Delhi Police have dismantled a sophisticated cyber fraud network that allegedly used 37 mule bank accounts to siphon off Rs 7.36 crore from 99 complaints nationwide. Six individuals, including two bank branch managers and four sales staff, have been arrested for their alleged involvement in opening accounts with forged documents and converting illicit funds into cryptocurrency.
The Aam Aadmi Party (AAP) has claimed that Punjab Chief Minister Bhagwant Mann was detained for three hours at the Delhi airport upon his return from Paris and subsequently fined Rs 50,000. AAP media in-charge Baltej Pannu alleged that the incident was due to "tremendous pressure from above" and linked it to the Centre's repeated denial of permission for Mann's foreign visits, accusing the central government of obstructing Punjab's progress.
The Ahmedabad Cyber Crime Branch has arrested two men from Rajasthan for allegedly defrauding people of Rs 8 lakh by selling fake garba event passes during Navratri. The accused used Instagram, forged email IDs, WhatsApp, and AI tools like ChatGPT to create authentic-looking tickets and promotional material, targeting around 40,000 people. They sold 686 bogus passes for various high-end events before being apprehended based on a complaint from a garba organiser.
