A special court in Thane, Maharashtra, has sentenced the mastermind of an investment fraud to rigorous imprisonment and ordered the auction of his properties to repay duped investors.
Nowhera Shaik, the prime accused in the Heera Group investment fraud case, has been arrested in Gurugram. She was apprehended in a joint operation by the Enforcement Directorate and Haryana Police and has been taken to Hyderabad.
The Enforcement Directorate (ED) has arrested Nowhera Shaik, the prime accused in the Heera Group-linked alleged investment fraud, from an Airbnb property in Gurugram. Shaik was living under a fake identity and using forged documents. The Heera Group allegedly collected over Rs 5,978 crore from the public, promising high returns but failing to return even the principal amount.
'I own a few cars that I have had specified minutely to my taste, and it does feel nice to know that there are no other vehicles like them anywhere in the world.'
'Exploration should be made easier and companies should be given operational flexibility.'
The RBI seems to be acknowledging that all deposits are not equal -- a deposit with a lower run-off assumption is inherently more valuable than one that could disappear overnight, points out Tamal Bandyopadhyay.
Lucknow Super Giants face a crucial rebuilding phase after finishing last in IPL 2026 and Rishabh Pant stepping down as captain. From auction strategy and potential Hardik Pandya interest to coaching changes and retention plans, here's what lies ahead for LSG before IPL 2027.
Rapid growth in personal gold loans has raised concerns over borrower leverage, large-ticket exposure and volatility in gold prices, points out Swaminathan J, Deputy Governor, Reserve Bank of India.
The National Consumer Disputes Redressal Commission dismissed a flat buyer's plea for a refund from a builder facing liquidation, highlighting the challenges faced by consumers in stalled real estate projects.
Former India cricketer Irfan Pathan feels Australia all-rounder Cameron Green will attract strong interest from teams like Kolkata Knight Riders and Chennai Super Kings at Tuesday's Indian Premier League 2026 auction in Abu Dhabi.
The IPL 2026 auction is gearing up for a blockbuster showdown, with 350 players fighting for just 77 spots including 31 overseas berths in what promises to be one of the most competitive bidding wars yet.
Gujarat Titans all-rounder Jason Holder delivered a match-winning spell to guide his side to a tense four-wicket victory over Punjab Kings in an Indian Premier League clash in Ahmedabad on Sunday, May 3, 2026.
An analysis of the disparities in India's sporting culture, highlighting the challenges faced by non-cricket athletes and the systemic changes needed for India to become a true sporting superpower.
Pace bowling all-rounders always come at a premium and therefore, the troika of Green, Venkatesh Iyer and West Indies' Jason Holder, all coming at the highest base price of Rs 2 crore (US$220,000), are set to headline the bidding war.
Bhuvneshwar Kumar's impressive performance in IPL 2026 has sparked debate about his potential return to the Indian T20I squad.
Mumbai Indians coach Mahela Jayawardene expresses confidence in young Afghan spinner Allah Ghazanfar, highlighting his potential and the added advantage he brings to the team.
NCP (SP) MLA Rohit Pawar has filed a discharge application in connection with the Maharashtra State Co-operative Bank (MSCB) 'scam' case, claiming the predicate offence has been closed and no money laundering case is made out.
KKR, CSK to engage in bidding war in IPL mini-auction with big purse in hand
New Zealand's Finn Allen, known for his aggressive batting style, is set to join Kolkata Knight Riders (KKR) in the IPL, exciting fans with his potential impact.
Former Indian cricketer Aakash Chopra believes MS Dhoni should retire if he's relegated to an 'Impact Player' role for Chennai Super Kings (CSK), suggesting it's time for the veteran to consider hanging up his boots.
If SRH's batting unit fires consistently and the bowlers find rhythm, they have the potential to challenge for the playoffs.
The business value of the league, popularly called the IPL, surged to a record $18.5 billion last year, U.S.-based investment bank Houlihan Lokey says.
The RBI has flagged concerns over rising volatility in gold prices and advised lenders to exercise caution in the gold loan segment.
Indian diplomats in New York are making all out efforts to stop the auction of Mahatma Gandhi's personal items, even as community leaders and groups are working out strategies to buy them if the auction goes ahead on Thursday.
Defending champions RCB head into IPL 2026 with a balanced squad, strong batting core and pace attack, aiming for back-to-back titles after their historic 2025 triumph.
The question is no longer whether the war will expand. It has. The next few days will tell us whether the war stabilises around Hormuz or whether the Strait itself becomes the trigger for a far larger rupture. What to watch for over the next 48 hours is simple: Any move by the US toward direct naval control of the Strait; any credible Iranian attempt to disrupt or mine shipping lanes and, critically, whether energy infrastructure in the Gulf continues to be targeted.If those lines are crossed in tandem, the war will no longer be containable within the region.
In WPL, domestic players make the difference, they are match-winners: Sophie Devine
Rashtrapati Bhavan has introduced a new initiative, the E-Upahaar auction, to monetise valuable assets for a social cause, in alignment with a broader governmental policy, championed by Prime Minister Narendra Modi, of auctioning gifts received by dignitaries to fund welfare programmes.
An eatery once owned by dreaded underworld don Dawood Ibrahim in South Mumbai besides his green sedan and tenancy rights to a property in suburban Matunga went under the hammer on Thursday, with a former journalist emerging as the top bidder at Rs 4.28 crore for the food joint notwithstanding a threat from the don's aide Chhota Shakeel.
Vedanta, a conglomerate in mining and metals, has seen a surge in its share price on the back of multiple triggers. Its demerger appears to be on track, a strong non-ferrous commodity cycle is boosting margins, and silver bulls are interested in Hindustan Zinc, its subsidiary.
Finance Minister Nirmala Sitharaman on Monday said action will be taken in case there are violations of well laid down processes for auctioning of gold by banks and NBFCs when a borrower fails to pay the gold loan. During Question Hour in Lok Sabha, she said Non Banking Financial Companies (NBFCs) and Scheduled Commercial Banks (SCBs) are guided by similar rules.
India's second-largest telecom service provider Bharti Airtel will call in March 2026 the final tranche of about Rs 15,741 crore from its 2021 rights issue of Rs 21,000 crore, proceeds from which will be used towards retiring majority of non-government-related debt.
Nathan Lyon couldn't resist asking Rishabh Pant about his potential IPL destination during a break in play.
The Supreme Court of India has dismissed a plea filed by the legal heir of former Tamil Nadu chief minister J Jayalalithaa seeking the return of properties confiscated in a corruption case against her. The court stated that the abatement of proceedings due to her death did not mean she was acquitted of the crime. The court upheld the confiscation of her properties, including her iconic residence, Veda Nilayam, land parcels, estates, bank deposits, and other assets, which will be transferred to the Tamil Nadu government.
To prevent companies from submitting unrealistic quotes to bag project contracts across industries, the government is planning to soon roll out a mechanism to curb irrational bidding.
The Enforcement Directorate (ED) has filed a chargesheet in the Associated Journals Limited-Young Indian-National Herald money-laundering case, seeking confiscation of assets worth Rs 661 crore and appending statements of Congress leaders Sonia Gandhi and Rahul Gandhi. The agency has accused the Gandhis of orchestrating a conspiracy to illegally obtain the underlying assets of AJL by the beneficial owners of YI (Sonia Gandhi and Rahul Gandhi). Both Sonia Gandhi and Rahul Gandhi have denied any wrongdoing and said the takeover of Associated Journals Limited (AJL) by Young Indian (YI) was not for commercial purposes. The Congress has slammed the chargesheet, alleging that the ED action against its leaders shows panic and moral bankruptcy of the "despotic" government, while the BJP has continued to call out the role of the Gandhi family in the matter.
The IPL 2025 auction was a spectacle of astronomical bids and shattered records.
As the auction approaches, here are the 10 wicketkeeper-batters who are poised to attract significant attention making them among the most sought-after players for IPL 2025.
There is positive sentiment for Tata Steel on the basis of strong domestic demand, a turnaround of European operations and moderate valuations. A combination of capacity expansion, efficiency gains, higher asset utilisation, and improved operating leverage may lead to margin expansions.
With the price of gold entering a strong bull run, gold-loan non-banking financial companies (NBFCs) are under the spotlight, even though their performance is not directly linked to gold price. Muthoot Finance outperformed in the April-June quarter (Q1) of 2025-26 (FY26), with its assets under management (AUM) growing 10 per cent quarter-on-quarter (Q-o-Q) and 42 per cent year-on-year (Y-o-Y), an improvement of 88 basis points (bps) Q-o-Q in net interest margin (NIM), and a fall in credit cost. Gold AUM rose 40 per cent Y-o-Y and 10 per cent Q-o-Q. The company recorded recoveries of 350 crore, including 100 crore from an asset reconstruction company (ARC), resulting in a 100-bp Q-o-Q yield increase.
