Ahmedabad Fraud: Rs 1.07 Crore Embezzled in Fake Stock Scheme

A major financial fraud has been uncovered in Ahmedabad where over Rs 1 crore was allegedly embezzled through a fake stock market investment scheme. Investors were convinced to take loans against mutual funds, with promises of high returns.

TCS Headcount Drops by 23,000+ in FY26

Tata Consultancy Services reports a significant reduction of over 23,000 employees in FY26, marking a strategic shift in workforce management amid industry challenges.

Haryana Rapid Metro Adopts Solar Solutions to Cut Energy Costs

Haryana Mass Rapid Transport Corporation plans to explore solar energy solutions, including panel installations and sourcing from Indian Railways, to reduce its 20% operational costs from electricity and improve financial sustainability of the Rapid Metro

Punjab Minister Warns Banks Over Pension Delays

Punjab Finance Minister Harpal Singh Cheema has directed banks to clear pension processing delays and fix issues in the Pensioner Sewa Portal, linking future reimbursements to their performance.

Goa Fishing Crisis: Diesel Price Surge Hits Boat Operators Hard

Goa's fishing community is grappling with a severe crisis as diesel prices skyrocket from Rs 89 to Rs 138 per litre, drastically increasing operational costs. Boat operators warn of potential halts in fishing expeditions, urging urgent policy intervention

MDA Auction Nets Rs 156 Crore from Premium Sites in Mysuru

Mysuru Development Authority's latest auction of commercial and residential premium sites generated Rs 156 crore in revenue, with 133 out of 200 sites sold. Strong bidding was seen in West Mysuru, while Vasanth Nagar sites debuted at higher prices.

Kolhapur Bank Raises Ladki Bahin Loan Limit to Rs 50,000

Kolhapur District Central Cooperative Bank increases loan limit for Ladki Bahin beneficiaries from Rs 30,000 to Rs 50,000 to support women entrepreneurs. Over 16,000 women have benefited, with lower interest rates and insurance options available.

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