Byju Raveendran, founder of the embattled edtech firm Byju's, has been sentenced to six months in jail by a Singapore court for contempt of court over alleged non-compliance with disclosure orders, a ruling he described as "procedural" and plans to appeal.
Read all account documents, ask questions, and conduct basic due diligence before agreeing to become a joint holder.
The Allahabad High Court has quashed a magistrate court's order rejecting a woman's plea for her husband's income and property details in a domestic violence case, ordering a fresh review and emphasising the importance of income disclosure in such cases.
Haryana Police have dismantled a fraudulent international call centre in Panchkula, arresting 21 individuals involved in scamming US citizens by impersonating employees of a major e-commerce company.
The Reserve Bank of India (RBI) is anticipated to make its highest-ever dividend payment to the government this year, providing a significant fiscal boost to address challenges, including those stemming from the ongoing Middle East crisis.
The Nationalist Citizens Party of India (NCPI) has named Jyotiprakash Chatterji as its new president, a development that follows the merger of a Trinamool Congress (TMC) rebel Lok Sabha faction with the party. This announcement by Kakoli Ghosh Dastidar, a key figure in the dissident camp, comes amidst speculation about the party's leadership after its founder stepped down. However, details about Chatterji and the party's internal workings remain unclear, with some existing members expressing unawareness of the change.
A man in Mumbai has been booked for allegedly cheating a woman of 7 crore by making false promises of financial assistance and business loans after her husband's death. The accused, Bharat Singh alias Johnny, allegedly obtained the woman's GST login credentials and carried out fake transactions in her company's name.
Police in Kanpur have arrested a suspected mastermind behind a network of fake firms, forged documents, and suspected hawala transactions worth over Rs 3,200 crore.
The West Bengal government has sanctioned the prosecution of Sandip Ghosh, former principal of RG Kar Medical College and Hospital, in connection with a case of financial irregularities.
The Enforcement Directorate (ED) has arrested four promoters of Earth Infrastructures Ltd in connection with a money laundering probe into an alleged Rs 2,004-crore homebuyer fraud that affected more than 19,000 buyers and investors.
India will continue to purchase Russian oil based on commercial viability and energy security needs, irrespective of US sanctions waivers, according to a senior petroleum ministry official.
Police in Odisha's Keonjhar district have conducted raids at 12 locations, detaining 10 people involved in illegal sand mining and transportation as part of 'Operation Baitarani'. The raids resulted in the seizure of over Rs 27 lakh in cash, fake transit passes, and 30 vehicles.
The owner of Shivam Associates in Belagavi has been arrested following allegations of multi-crore investment fraud and unregulated financial activities. Authorities are investigating the firm's dealings with thousands of investors.
Punjab Chief Minister Bhagwant Mann and AAP national convener Arvind Kejriwal met jailed state minister Sanjeev Arora in Gurugram. Arora is in judicial custody in connection with an alleged money-laundering case.
Delhi Police have arrested an immigration consultant accused of defrauding a woman of approximately Rs 1.83 crore by falsely promising Canadian immigration through a business investment programme.
A special court has granted the Enforcement Directorate (ED) permission to arrest self-styled godman Ashok Kharat in connection with a Rs 70 crore money laundering case. Kharat, already facing rape and fraud charges, was produced before the Special PMLA Court on a production warrant from Nashik jail.
Punjab Cabinet Minister Sanjeev Arora has challenged his arrest by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA), claiming it is illegal and unconstitutional. The Punjab and Haryana High Court heard arguments and adjourned the matter to May 14. Arora was arrested in connection with an alleged Rs 100-crore GST fraud-linked money laundering case.
The Delhi Police's Economic Offences Wing (EOW) has dismantled a GST fraud cartel, arresting six individuals involved in swindling Rs 128 crore through shell companies and fake invoicing.
Authorities in Ghaziabad intensified verification drives and sealed three unrecognised madrassas in the Khoda area following the murder of a 17-year-old boy. The incident has led to heightened security measures and political reactions.
A city court has remanded former West Bengal minister Sujit Bose to Enforcement Directorate (ED) custody until May 21 in connection with the alleged municipal recruitment scam. Bose, a Trinamool Congress leader, was arrested after questioning and is accused of concealing information and making contradictory statements.
The Enforcement Directorate (ED) has arrested three founders of online gaming platform, Gameskraft, in an alleged fraud-linked money laundering case. Deepak Singh, Prithvi Raj Singh and Vikas Taneja have been taken into custody under the Prevention of Money Laundering Act (PMLA).
Two former employees of a Delhi-based pharmaceutical firm have been booked for allegedly cheating, forging documents and impersonating to secure government tenders, including supplies to Army hospitals.
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 Enforcement Directorate (ED) has arrested self-styled godman Ashok Kharat, accusing him of systematic extortion and money laundering through a network of bank accounts. Kharat allegedly rotated over Rs 47 crore of ill-gotten money through 60 bank accounts, deceiving devotees by claiming divine powers.
The Haryana government has authorised the CBI to investigate the alleged involvement of five IAS officers in a Rs 590-crore fraud case involving IDFC First Bank. The CBI can now summon the officers for questioning.
Self-styled godman Ashok Kharat, already jailed for alleged rape and fraud, has been arrested by the Enforcement Directorate in connection with a Rs 70-crore money laundering case. The arrest follows court approval and is part of an ongoing investigation into a large-scale extortion racket.
Several sports teams around the world have paid a hefty price for spying on their opponents over the years but the potential financial cost to English soccer club Southampton for their infraction could be the heaviest.
Two individuals have been booked for allegedly defrauding a young man of Rs 20 lakhs under the guise of arranging a student visa for overseas education, according to police reports.
Delhi Police's Economic Offences Wing has arrested two individuals, including a chartered accountant, in connection with a GST and VAT fraud involving the misuse of business credentials and dummy firms.
Proposal forms are often filled by the agent. Check the form after it is filled.
Punjab minister Sanjeev Arora has been sent to judicial custody for two weeks in connection with an alleged Rs 100-crore money laundering case. The Enforcement Directorate produced Arora before the court after completing his extended remand. The minister's next court appearance is scheduled for June 1st.
From the financial year 2025-2026, the government has introduced a new column in the tax return form for presumptive taxpayers, requiring them to disclose their year-end investments. This requirement was not present last year.
A Delhi court has sentenced three former officials of a company to four years in jail for defrauding the Industrial Development Bank of India (IDBI). The court emphasised that leniency would undermine the justice system and public confidence in the law.
The Supreme Court has appointed former Chief Justice of India Sanjiv Khanna as the sole mediator to resolve a dispute involving businessman Ashokbhai Haribhai Gajera and others in a case linked to textile market projects in Surat. The case involves allegations of siphoning off Rs 1,900 crore and forging documents.
In a lengthy post on Truth Social, Trump said negotiations with Iran were 'proceeding nicely' and argued that several Muslim and Arab nations should formally recognise Israel and join the Abraham Accords once a deal is reached.
Andhra Pradesh Chief Minister N Chandrababu Naidu has announced incentives for families to encourage larger families and reverse the state's declining population trend.
The Enforcement Directorate conducted fresh searches on the Merlin Group, a Kolkata-based real estate company, as part of an ongoing money laundering investigation. The searches follow previous raids on the group and its promoters, with the ED investigating alleged financial links between the company and West Bengal government officials.
Former Delhi BJP president Adesh Gupta has announced that the Lokayukta has dismissed a corruption complaint filed against him. The complaint, which accused Gupta of availing luxury vehicles and encroaching public land, was rejected by the Lokayukta court.
The Supreme Court granted bail to Mohammad Kashif, accused of posing as a close aide of Prime Minister Narendra Modi and Union ministers to extort money. The Enforcement Directorate (ED) had registered a case against him based on forgery and cheating.
The Enforcement Directorate is investigating a Kolkata-based realty company, Merlin Group, for alleged financial links to West Bengal politicians and officials as part of a money laundering probe, seizing digital devices and documents during raids.
