AI firm Pramaana Labs, with a significant Indian workforce, has successfully raised $27 million in seed funding led by Khosla Ventures. The company aims to use these funds to advance its unique technology that converts complex knowledge into machine-verifiable truth, addressing the accountability gap in AI across regulated sectors like tax, healthcare, and financial compliance.
Jio Platforms Ltd, the digital and telecommunications arm of Reliance Industries, has received board approval to file draft papers for an initial public offering (IPO) involving a fresh issue of up to 27 crore equity shares. The draft red herring prospectus (DRHP) is expected to be filed with SEBI today, marking a significant value-creation event for Reliance shareholders.
The Meghalaya Football Association (MFA) felicitated state footballers Sanfida Nongrum and Ribansi Jamu for their pivotal roles in India's victory at the SAFF Women's Championship 2026. The players, who contributed significantly to India reclaiming the title, were honoured with cash rewards and recognition, inspiring young girls in the state to pursue football.
A woman director of an IAS coaching institute was allegedly robbed of Rs 1.89 crore by a former student and his associates at gunpoint in Bhopal after being held captive at a house.
Elvish Yadav, winner of Bigg Boss OTT 2, has reported receiving an extortion threat for Rs 10 crore from an individual claiming ties to the Lawrence Bishnoi gang. Police have registered an FIR and are investigating the matter.
A special CBI court in Mumbai acquitted former Maharashtra home minister Padamsinh Patil and seven others in the 2006 murder case of Congress leader Pawanraje Nimbalkar and his driver, citing the prosecution's failure to prove the conspiracy and finding the approver's testimony doubtful. The CBI has announced its intention to appeal the verdict in the Bombay High Court.
The Enforcement Directorate (ED) is set to appeal the Delhi High Court's decision to quash a money laundering case against news portal NewsClick and its editor-in-chief Prabir Purkayastha, arguing that the High Court 'overlooked or left unaddressed' critical contentions regarding alleged FDI rule violations and false representations to authorities.
The Lava Bold N2 5G has gone on sale in India, just a few days after making its debut on June 3, 2026.
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.
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.
A man in Chhatrapati Sambhajinagar has been booked for allegedly cheating a 43-year-old teacher of cash and gold by promising her marriage and a job in Dubai, and also attempting to coerce her into converting to Islam. The accused, Hussein Abu Soydan, reportedly established a relationship with the victim, took significant sums of money and jewellery, and then avoided contact after a purported marriage and conversion.
Tamil Nadu Chief Minister C Joseph Vijay honoured Indian Grandmaster R Praggnanandhaa with a Rs 50 lakh incentive after his historic Norway Chess title win. The Chief Minister also played a friendly game of chess with the 20-year-old Grandmaster, where he was checkmated by the young prodigy.
Delhi Police have arrested two individuals from Haryana for their alleged involvement in facilitating cyber fraud through mule bank accounts. The arrests were made during an investigation into an online investment scam that defrauded a senior citizen of over Rs 1.69 lakh.
Ahmedabad police, while investigating a murder, uncovered a large fake currency racket, seizing counterfeit notes worth Rs 28.9 lakh and arresting five men and apprehending a minor. The investigation revealed that the murder victim was the kingpin of the operation, killed by his associates due to abuse. Police are now probing the circulation of the remaining fake notes.
The Narcotics Control Bureau, in coordination with Assam Rifles and Manipur Police, seized drugs worth Rs 8.5 crore from Manipur's Churachandpur district and arrested two individuals involved in the trafficking.
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.
A conman, Aas Mohammad, has been arrested in Saharanpur for allegedly defrauding people of lakhs of rupees by selling Red Sand Boa snakes, claiming they possessed medicinal and miraculous properties. Police seized cash, a currency counting machine, and the protected reptiles, with efforts underway to trace other syndicate members.
Delhi Police have dismantled an interstate cyber fraud syndicate, arresting three key operatives involved in siphoning off money through unauthorised banking transactions. The police successfully froze approximately Rs 4 lakh of the Rs 4.82 lakh stolen from a victim's account and recovered numerous debit cards, SIM cards, and mobile phones used in the operation.
The Rajasthan Anti-Corruption Bureau (ACB) arrested a JVVNL assistant engineer, Navneet Singh Gurjar, and a middleman, Mohammad Shazim, in Tonk for allegedly accepting a bribe of Rs 20,000. The bribe was demanded to return a removed electricity meter and prevent further action.
Pati Patni Aur Woh Do continues its impressive box office run, dominating screens in its third week, while Hollywood's Obsession makes waves too.
A gang of armed robbers targeted a State Bank of India branch in Surat, Gujarat, looting Rs 50 lakh in cash after threatening staff and customers.
Shah Rukh Khan's generosity resurfaces as the actor returned a Rs 94 lakh cheque to the producer of Hum Tumhare Hain Sanam to alleviate financial strain during the film's production.
The Shiv Sena-UBT is holding a crucial parliamentary party meeting in New Delhi to address a potential split by dissident MPs. A whip has been issued, making attendance mandatory, as the party aims to prevent a breakaway faction from merging with the Eknath Shinde-led Shiv Sena and initiating disqualification proceedings.
Indian benchmark indices Sensex and Nifty recovered early losses to trade higher, supported by encouraging developments on the geopolitical front, specifically the US-Iran peace deal, and easing crude oil prices.
Bareilly police have busted an alleged hawala racket, arresting two individuals and seizing Rs 35 lakh in cash along with fake Aadhaar cards. The investigation has uncovered a Dubai link and potential national security implications, with efforts underway to trace other involved parties.
Indian benchmark indices, Sensex and Nifty, extended their rally for the fourth consecutive day, driven by a significant drop in crude oil prices and strong performance from IT firms, despite mixed global cues.
A Waqf Board Inspector in Nalgonda district, Telangana, was arrested by the Anti-Corruption Bureau (ACB) for allegedly demanding and accepting a bribe of Rs 10,000 to submit a factual report regarding property registration.
A head constable in Faridabad was arrested by the Anti-Corruption Bureau for allegedly accepting a bribe of Rs 2,500 to return a man's financed bike. The complainant, Somdutt, approached the ACB after repeated demands for money from the officer.
Trent reported a 20 per cent revenue rebound in Q4FY26, driven by a recovery in like-for-like growth and significant store additions. The company's board has approved raising up to 2,500 crore in equity to fund investments in store network upgrades, new brands, supply chain automation, and Star Bazaar expansion, alongside a 1:2 bonus issue and a 6 dividend.
A new book, "Heroes: The Changemakers of Indian Sports" by journalist-author Thirumoy Banerjee, chronicles the inspiring journeys of 15 Indian athletes, including Manu Bhaker, C A Bhavani Devi, Nikhat Zareen, Aman Kumar Kadyan, and Sumit Antil. It highlights their determination, resilience, and triumphs over setbacks, offering insights into their paths to success and celebrating their unwavering spirit.
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.
Srinagar Police have attached movable and immovable properties worth over Rs 4 crore belonging to alleged drug traffickers under the NDPS Act, as part of the 'Nasha Mukt Jammu and Kashmir Abhiyaan', aiming to dismantle narcotics networks.
The CBI has registered a case and taken over the investigation of a Rs 10 crore 'digital arrest' scam in Delhi, where a retired engineer was allegedly cheated by cyber-criminals posing as courier company and police officials.
Customs officials at Lucknow's Chaudhary Charan Singh International Airport arrested an Indian passenger and seized 10.397 kg of suspected hydroponic marijuana, valued at approximately Rs 10.39 crore, from his baggage. The seizure was made following specific intelligence, and the passenger has been booked under the NDPS Act. This incident follows a similar large bust in Varanasi, indicating a wider network under investigation.
The Reserve Bank of India has imposed a penalty of Rs 41.8 lakh on Canara Bank for non-compliance with KYC norms and incorrect account classification, and Rs 3.1 lakh on Puran Associates Pvt Ltd for asset classification violations.
Customs officials at Lucknow's Chaudhary Charan Singh International Airport arrested an Indian passenger and seized 10.397 kg of suspected hydroponic marijuana, valued at approximately Rs 10.39 crore, from his baggage. The seizure was made following specific intelligence, and the passenger has been booked under the NDPS Act. This incident follows a similar large bust in Varanasi, indicating a wider network under investigation.
Taxability in property transactions depends on the actual source of funds and beneficial ownership, not on whose name appears in the purchase agreement.
Indian equity benchmark indices Sensex and Nifty closed lower on Thursday, driven by escalating tensions between the US and Iran, persistent foreign fund outflows, and concerns over rising US inflation.
'We thought everything will be back to normal within one month. Now it's four months and still a final solution is miles away.'
The National Company Law Tribunal (NCLT) in Mumbai has admitted a petition filed by State Bank of India (SBI) seeking to initiate personal insolvency proceedings against industrialist Anil Ambani. This action is related to Ambani's alleged personal guarantees for loans extended to Reliance Communications (RCom), from which SBI is attempting to recover over 1,200 crore.
