Delhi Police have arrested five individuals for allegedly running an interstate cyber fraud syndicate that used mule bank accounts to launder money across India and abroad. The investigation revealed links to international handlers and the use of cryptocurrency to route funds.
Air India (AI) plans to raise Rs 5,500 crore (Rs 55 billion) by issuing bonds to a consortium led by the country's largest private sector lender, ICICI Bank, as part of its financial restructuring exercise.
The raids that were launched at 22 premises of the group and the brokers on September 28 are underway, the statement by the Central Board of Direct Taxes said.
If an individual invests in the specified tax saving schemes of the government, the effective tax-free income limit will be Rs 650,000 a year.
Maytas Properties and Maytas Infra are promoted by Raju's family and have interests in realty and construction. Noting that there is no problem with the Maytas accounts, Bhatt said all the exposure are collateralised and accounts are regular.
'In the last one year, we have added more than Rs 1.7 trillion, and we are on track.'
'At the first sign of real trouble, that money will move. There will be a run.'
SpiceJet to add 7 planes; another Rs 500 cr infusion in April.
Pushpa 2 has shown that when a film is truly accepted by audiences, the market potential is in a different league altogether.
The government's holding in the bank will not decline below 58 per cent pursuant to the QIP.
Wipro reported Q4FY26 IT services revenue of $2.6 billion, a modest 0.2 per cent Q-o-Q constant currency growth, with adjusted operating profit margin beating estimates at 17.2 per cent. The company announced a significant share buyback of ~15,000 crore, but faces near-term growth challenges, particularly in the BFSI segment, and has issued a soft Q1FY27 revenue guidance.
InterGlobe Aviation (IndiGo) is experiencing significant financial pressure, with its stock falling 18 per cent since the start of the Iran war, due to rising Brent crude prices, a weakening rupee, and disruptions to its West Asia and European flight networks caused by geopolitical tensions.
Tata Sons and Singapore Airlines invested Rs 9,558 crore in loss-making Air India in 2024-25, with the promoters pumping in Rs 4,306 crore alone in March this year.
'Portfolios built in these phases often deliver the strongest outcomes over time.'
These companies had threatened to leave Maharashtra and invest in other states when the state government had brought amendments to the Maharashtra VAT Act with effect from April 1, 2011, and made net sales the basis for VAT set-off claims.
Spice Group's multi-brand technology retail chain 'Hot Spot Retails' said on Wednesday it will invest Rs 500 crore (Rs 5 billion) over the next two years in setting up 1,500 outlets.
'Portfolios built in these phases often deliver the strongest outcomes over time.'
The government on Thursday formally allowed Swedish furniture major IKEA to invest Rs 10,500 crore for setting up single brand retail stores to sell mostly home furnishing items.
The Bureau of Civil Aviation Security was allocated Rs 40 crore (Rs 400 million) for procurement of security and IT items along with radiological detection equipment.
Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.
This is also the time when South Indian films started doing well, commercially and critically, on a Pan-India scale.
Nykaa is reportedly in talks to acquire a majority stake in Deepika Padukone's skincare brand, 82E, following slower-than-expected growth and financial losses. The potential acquisition could provide 82E with access to Nykaa's extensive distribution network and customer base.
As part of the initiative, the group will launch around 100 courses, both professional and vocational, to cater to people in small cities. The company hopes that the initiative, which is at the the planning stage currently, would begin by the year-end.
The BJP has accused West Bengal Chief Minister Mamata Banerjee of attempting to separate the state from India by inciting violence and protecting illegal immigrants, drawing parallels to the 1905 partition of Bengal.
Billionaire Gautam Adani announced the Adani Group is transitioning to a three-layer organisational structure to flatten hierarchy and empower its frontline operations, aiming for faster decision-making and increased accountability.
A BJP government in Bengal inherits more problems than it might care to admit at its moment of triumph, points out Ramesh Menon
Congress leader Rahul Gandhi has accused Assam Chief Minister Himanta Biswa Sarma of corruption and land grabbing, promising action if the Congress party wins the upcoming elections in Assam. Gandhi also criticised the BJP's governance and economic policies.
Claiming that black money to the tune of Rs 500 lakh crore (Rs 500 trillion) was stashed by Indians in foreign banks, yoga guru Baba Ramdev has advocated for bringing that money back home.
Mardaani 3 opens better than its previous installments.
For first time in 8 yrs, stake sale proceeds could exceed Budget Estimates. ONGC's acquisition of HPCL alone could get the exchequer more than Rs 30,000 crore.
If the deal goes through, this would be the second largest deal for Wipro in the telecom space. Earlier in April, the IT major bagged a Rs 2,500-crore (Rs 25 billion) contract from another new operator, Unitech Wireless. Importantly, Wipro will be pipping seven other IT vendors, including IBM and Tech Mahindra, who were also in discussions with Etisalat, according to sources.
A recap of the action of the eighth week of IPL 2026.
Agriculturists on Tuesday asked Finance Minister P Chidambaram to consider a Rs 500 crore (Rs 5 billion) revolving fund in the forthcoming Budget to enable Food Corporation of India
The BCCI has strengthened its coffers by Rs 14,627 crore over the past five years, including Rs 4,193 crore in the last financial year alone, taking its cash and bank balance to Rs 20,686 crore, according to a report.
In variance with the general trend of Indian companies making forays abroad, private sector giant ITC has made it clear that its focus would be India and unveiled ambitious plans, including setting up of a Rs 500 crore (Rs 5 billion) paperboard plant
Indian equity benchmark indices Sensex and Nifty surged significantly in early trade, mirroring a global market rally and a drop in crude oil prices below USD 100 per barrel, driven by renewed hopes of diplomatic engagement between the US and Iran.
Looking to cash in on the burgeoning beer consumption in India, the United Kingdom-based SABMiller will invest around Rs 500 crore (Rs 5 billion) to expand production capacities at its breweries in the country.
