Haryana Transport Minister Anil Vij has ordered a state-wide investigation into alleged irregularities in vehicle registrations across multiple Sub-Divisional offices and Regional Transport Offices. The probe, led by the State Vigilance and Anti-Corruption Bureau, follows reports of fraudulent registrations in Ambala. Vij has also addressed issues such as uncovered construction vehicles and violations of the Stage Carriage Scheme.
An accountant in Bokaro district, India, has been arrested for allegedly embezzling over Rs 6 crore from the treasury's salary disbursement account. Investigations are ongoing to determine the full extent of the fraud.
Delhi Police busted an organised racket involved in manufacturing and distributing spurious antacid powder and counterfeit coffee products in east Delhi's Madhu Vihar area, arresting four individuals and seizing goods worth approximately Rs 20 lakh.
A farmer in Uttar Pradesh, India, was shocked to receive tax notices for millions of rupees due to a fraudulent firm operating under his name in Delhi. An investigation has been launched to address the identity theft and tax evasion.
Authorities in Gurugram have uncovered a racket involving the manufacturing and sale of counterfeit Mounjaro (tirzepatide) injections, used for treating type 2 diabetes and aiding weight loss. Two individuals have been arrested, and a nationwide alert has been issued to detect the fake injections.
Authorities in Gurugram have uncovered a racket involving the manufacturing and sale of counterfeit Mounjaro (tirzepatide) injections, used for treating type 2 diabetes and aiding weight loss, leading to the arrest of two individuals and a nationwide alert.
A farmer in Budaun, Uttar Pradesh, received tax notices for Rs 14.66 crore due to a fraudulent firm operating in his name in Delhi, prompting an official investigation.
A dismissed Uttar Pradesh Police constable has been arrested for allegedly murdering a beggar and attempting to fake his own death by burning the body and planting his belongings at the scene.
Police in Haryana have arrested seven individuals, including the suspected mastermind, in connection with a robbery of gold and cash from a bullion trader's employees. The accused are part of an interstate gang involved in organised robberies across the NCR, Haryana, and Madhya Pradesh.
Authorities in Gurugram have uncovered a racket involved in the manufacturing and sale of fake Mounjaro (tirzepatide) injections, used for treating diabetes and obesity. Two people have been arrested, and a nationwide alert has been issued to trace counterfeit batches.
The death of a close associate of jailed godman Ashok Kharat in a car accident has prompted suspicion from opposition leaders, who question whether the incident was orchestrated to suppress facts in the probe against Kharat.
Coming against the backdrop of rising incidence of financial frauds, the proposed prediction model would bolster SFIO's capabilities in detecting misdoings at the initial stage itself.
Delhi Police have arrested a woman and her associate for allegedly running a honey-trap and extortion racket, targeting victims with false criminal cases to coerce monetary settlements.
Decision on probing the role of auditors will be taken after initial inquiry
Self-styled godman Ashok Kharat, already facing rape charges, is now under investigation for suspicious financial activities involving numerous accounts and large transactions.
A forensic probe has been ordered into alleged irregularities by the department of financial services.
The ED is also probing alleged violations of foreign exchange rules by the company since 2006.
A Kerala MLA, K Shantakumari, was targeted by cyber fraudsters claiming a connection to a bomb blast case and using her identity. The MLA reported the incident to the cyber cell after her son identified inconsistencies in the video call.
Recent controversies at major IT firms like TCS and Infosys have highlighted a persistent gap between workplace conduct policies and their implementation in corporate India. While companies assert zero tolerance for harassment and discrimination, employees and experts point to uneven enforcement and the need to embed ethical behaviour into organisational culture.
Recent controversies at major IT firms like TCS and Infosys have highlighted a persistent gap between workplace conduct policies and their implementation in corporate India. While companies assert zero tolerance for harassment and discrimination, employees and experts point to uneven enforcement and the need to embed ethical behaviour into organisational culture.
A good example of just how little comes to light are the series of serious allegations made by the Ambani scions in their fight over the years of wrongdoing by each other - none of these are anything that the MCA came up with, nor have they been seriously investigated afterwards.
An FIR has been filed regarding alleged discrepancies in Panchkula Municipal Corporation's fixed deposit receipts (FDRs) of nearly Rs 150 crore held at a Kotak Mahindra Bank branch, leading to a state-level investigation.
A large number of NRIs having origins in these states are understood to have been defrauded by many such companies, including the Saradha group.
Corporate Affairs Secretary Naved Masood said SFIO is finalising the report on Reebok.
German sportswear maker Adidas has disclosed to the Serious Fraud Investigation Office (SFIO) that it lost around Rs 170 crore (Rs 1.7 billion) because of "goodwill impairment" after it bought Reebok.
"The scope of SFIO investigation include looking into the state of affairs of the company and its subsidiary Sesa Industries Ltd, in respect of mismanagement, malpractices, financial and other irregularities."
Two members of the Sunil Rathi gang have been arrested for allegedly extorting businessmen in Haridwar and Dehradun. The arrests were made by a joint team of Uttarakhand Police STF and Dehradun Police. The investigation revealed links to Sunil Rathi, who is currently in jail.
The economic offence investigation wing of the government SFIO would take at least a year to probe the financial fraud at Satyam Computer, a senior official said on Wednesday.
Opposition parties are demanding the resignation of Maharashtra State Women's Commission chairperson Rupali Chakankar due to her alleged connections with a self-proclaimed numerologist, Ashok Kharat, who has been arrested for rape and exploitation.
The caller told the victim that a bank account linked to his mobile number had allegedly received Rs 7 crore through money laundering activities and warned that he would be arrested in the case.
Opposition parties in India have submitted notices seeking the removal of Chief Election Commissioner Gyanesh Kumar, citing concerns over his appointment, conduct, and alleged manipulation of electoral processes.
The government is considering initiating a probe by the Serious Fraud Investigation Office (SFIO) against Gensol Engineering and its promoters, according to sources familiar with the matter. "It is under consideration at this stage. A final decision will be taken soon," a government official said.
Fraud investigation office is yet to get a verdict in any case.
In a significant development, the Supreme Court on Tuesday sought responses from the Centre, CBI, ED, Anil Ambani and the Anil Dhirubhai Ambani Group (ADAG) on a PIL seeking a court-monitored probe into alleged massive banking and corporate fraud involving the ADAG and its group companies.
The Bombay High Court discharged Adani Group Chairman Gautam Adani and Managing Director Rajesh Adani from a case of alleged violations of market regulations involving nearly Rs 388 crore. The Serious Fraud Investigation Office (SFIO) had initiated the case in 2012 against Adani Enterprises Limited (AEL) and its promoters, accusing them of criminal conspiracy and cheating. The HC's single bench of Justice R N Laddha quashed the sessions court order and discharged the duo from the case.
The investigative arm of corporate affairs ministry says there may also be involvement of others in alleged fraud, besides top executives.
SFIO official refuses to reveal the nature of additional charges found during investigation.
In a written answer to Lok Sabha, Minister of Corporate Affairs Prem Chand Gupta said investigation reports have been received in 23 cases and instructions issued to Serious Fraud and Investigation Office to prosecute the concerned persons. Investigations against four entities having links with Parekh - Triumph securities, Nakshatra Softwares, Goldfish Computers and Luminant Investrade - have been completed.
Custody and probe still on after 15 months, 800 witnesses, 160,000 pages of evidence so far.
