A US appeals court has upheld a $562.5 million arbitral award, which has grown to over $2 billion with interest, in favour of Devas Multimedia against Antrix Corporation, the commercial arm of ISRO, ruling that US courts have jurisdiction despite Antrix being government-owned.
Jorge Messi, father of football icon Lionel Messi and his long-time representative, has passed away at the age of 68 in Rosario, Argentina, after a prolonged illness. He was a crucial pillar of support throughout his son's career, from his early days at Barcelona to his current stint with Inter Miami.
Indore police have busted a gang involved in investment fraud, arresting five individuals and uncovering links to a WhatsApp account operated from Cambodia.
Sixteen people, including two gold appraisers, have been booked for allegedly securing loans worth lakhs of rupees against counterfeit gold from a bank in Prayagraj.
The CBI has filed a chargesheet against CHD Developers Ltd and its directors for alleged fraudulent activities in a Gurugram-based project, officials said.
Andhra Pradesh and Punjab National Bank (PNB) have signed an MoU to establish the PNB Quantum Finance Hub at Amaravati Quantum Valley. This initiative aims to foster innovation and adopt next-generation technologies like AI and Quantum Computing in the banking sector, focusing on cybersecurity, fraud detection, and customer experience.
A woman constable in Mumbai Police was allegedly defrauded of Rs 12.46 lakh after her mobile phone was hacked via an APK file, leading to a personal loan being fraudulently obtained in her name.
The US on Monday announced that it had revoked more than 1.75 lakh visas during President Donald Trump's tenure for a range of crimes from reckless driving to sexual assault.
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.
Gurugram police have arrested a web designer accused of creating a fake Zomato website to sell fraudulent tickets for Punjabi singer Diljit Dosanjh's concert.
The FBI has arrested eight individuals in California for allegedly defrauding the national healthcare system of over $50 million through fraudulent hospice care facilities.
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.
The Commercial Taxes Department has arrested Mohammed Tauqeer for his involvement in generating and routing fraudulent ITC across multiple states, unearthing a GST fraud worth Rs 410 crore.
Messaging platform Telegram has submitted its reply to the IT Ministry's notice regarding its 'username' feature, which allows users to communicate without sharing phone numbers, following a similar submission by WhatsApp.
Delhi Police have dismantled an interstate cyber fraud racket that deceived individuals with false promises of overseas jobs and visa services, leading to the arrest of three suspects.
Russia's Federal Security Service (FSB) has charged Telegram co-founder Pavel Durov with facilitating terrorist activities and initiated procedures to place him on the international wanted list, according to Russian state-run news agency TASS.
The Indian government has clarified that consumers will not be charged for UPI transactions, and most merchant transactions will also remain free. This comes amidst speculation following an amendment to the Payment and Settlement Systems Act, 2007. Any future merchant discount rate (MDR) would be nominal, threshold-based, and aimed at ensuring UPI's long-term sustainability and infrastructure development.
The Supreme Court has directed the Central Bureau of Investigation (CBI) to examine all six allegations of financial irregularities levelled by the Enforcement Directorate against Sameer Gehlaut, former chairperson of Indiabulls Housing Finance (IHFL), and five corporate groups, following repeated criticism of investigating agencies for lack of progress.
The Supreme Court has provided significant relief to Congress leader Rahul Gandhi by directing the Allahabad High Court to cease proceedings in a case alleging disproportionate assets against him. The apex court also instructed the CBI and ED not to submit any reports based on the high court's previous directives.
Two African nationals have been arrested in Delhi for their alleged involvement in an international cyber fraud racket that defrauded victims across multiple states of more than Rs 5 million.
Three individuals have been arrested in Hyderabad for allegedly selling high-value IPL tickets obtained through forged VVIP/VIP letterheads. Police seized tickets, a vehicle, mobile phones, and forged documents. The accused are from Andhra Pradesh and Tamil Nadu.
The Enforcement Directorate conducted raids on a Gurugram-based realty group, 32nd Avenue, as part of an investigation into an alleged 500 crore fraud targeting investors. The raids targeted seven premises linked to the group, which operates in Delhi-NCR and Goa. The investigation stems from multiple FIRs filed by investors who claim they were duped.
OTP scams accounted for over one-fourth of all cyber frauds.
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.
The CBI has arrested Kamlesh Parekh, a fugitive wanted in a 10-year-old Rs 2,672 crore bank fraud case, after his extradition from the UAE.
A 35-year-old bank employee in Delhi has been arrested for allegedly facilitating a cyber fraud racket by opening a bank account using forged documents. The employee misused his position to help fraudsters siphon off money through a fake account, which was part of a larger scheme involving fake investment offers on social media.
WhatsApp is testing new ways for users in India to confirm their age as it prepares to comply with upcoming legal requirements, including those related to the Digital Personal Data Protection (DPDP) Act, the Meta-owned messaging platform said on Tuesday.
The FBI has arrested eight individuals in California for allegedly defrauding the national healthcare system of over USD 50 million through fraudulent hospice care facilities.
Ten Indian nationals living illegally in the US have been indicted for conspiring to stage armed robberies at convenience stores to fraudulently obtain visas.
Nuh Police have arrested three individuals involved in creating fake social media profiles for cyber fraud, recovering fake SIM cards and mobile phones.
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.
'All these reports and announcements by the US seem like attempts to gain a lever in trade deal negotiations with India.'
A think tank, GTRI, has urged India to resist US pressure regarding its UPI policies, advocating for competition, policy autonomy, and a sustainable payments ecosystem. This comes as the Lok Sabha passed a bill allowing charges on UPI, and the US has criticised India's digital payment systems, raising concerns about the future of India's digital payment landscape.
Police in Thane, Maharashtra, have registered a case against a company and its directors for allegedly defrauding investors of over Rs 4.31 crore through various investment schemes.
The Supreme Court has ruled that borrowers are not entitled to a personal hearing before banks classify their loan accounts as "fraud" under RBI directions, clarifying that a written response to a show-cause notice and access to the forensic audit report (with redactions) are sufficient for natural justice.
Interpol's latest report reveals a significant surge in global financial fraud, driven by the increasing use of artificial intelligence by scamsters, resulting in losses of over USD 442 billion in 2025.
Mumbai Police have arrested three men from Jharkhand for creating and selling fraudulent APK files used to scam people, particularly during a recent shortage of LPG cylinders.
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.
A Delhi court has remanded former senior executives of Reliance Anil Ambani Group (RAAG) to five days of ED custody in connection with an alleged bank loan fraud-linked money laundering case.
An e-service centre operator in Navi Mumbai is accused of defrauding multiple individuals of over Rs 20 lakh by promising business loans under the 'Stand-Up India' scheme and then disappearing after collecting processing fees.
