Thousands of women from villages around Madurai have been drawn into a suspected online investment fraud involving app-based schemes promising quick returns, leading to police arrests and protests over recoveries. A suspected app-based investment fraud has drawn thousands of women…
Reliance Industries’ digital subsidiary Jio Platforms has received regulatory approval for an initial public offering that could raise $3.8 billion, potentially surpassing India’s previous record for the biggest IPO. India is on course for its biggest stock-market listing after Jio…
India is pushing for central bank digital currencies and enhanced digital payments within BRICS, aiming to streamline trade and foster currency independence ahead of next month’s summit marking two decades of the grouping. India is preparing to push central bank…
Indian shrimp feed maker Avanti Feeds reports a 19% rise in sales for Q1 FY2027, but profits decline sharply due to escalating costs of fish meal and soybean meal, with margins compression highlighting inflation pressures across the aquaculture sector. Avanti…
The proliferation of AI-generated fake online shops has surged, exploiting the surge in e-commerce and demanding vigilant consumer checks amid rising fraud risks, industry experts warn. Fake e-shops have become a growing risk in online retail, exploiting the convenience that…
Corporate India’s CSR expenditure reached a new high in 2024-25, with a 17% increase, yet concerns remain over regional imbalances and project impact, prompting calls for more transparency and targeted investment. Corporate India’s spending on social responsibility climbed to a…
A Bank of Baroda report highlights increasing capacity utilisation across India’s infrastructure-linked industries, driven by public spending and demand growth, signalling a potential surge in fresh investments over the coming years. A Bank of Baroda Economic Research report says India’s…
Jio Platforms’ upcoming $3.8 billion initial public offering could bring clarity to Meta’s long-held investment, offering a rare glimpse into the valuation of the telecom giant as it prepares to list one of India’s largest share sales. Meta Platforms rose…
The Comptroller and Auditor General of India raises concerns over Meghalaya’s Rs 4,322 crore investment in public sector enterprises, highlighting minimal financial returns and lack of dividend policies, raising questions on state financial management. The Comptroller and Auditor General of…
A Jalgaon man has been arrested for allegedly facilitating the movement of over ₹2.15 crore through mule accounts linked to a growing cybercrime syndicate exploiting online investment and job scams across India. A 31-year-old man from Jalgaon has been arrested…
