7 Arrested in Chhattisgarh Rs 115 Crore Overtime Scam
Chhattisgarh EOW/ACB arrested seven directors of manpower agencies for an alleged Rs 115 crore overtime scam in CSMCL. Fake bills were used to siphon funds.
Category : Business
FASTag Non-Payment Leads to Service Suspension on NHs
Failure to pay toll via FASTag at barrier-less plazas on National Highways will result in e-Notice and suspension of all FASTag services until dues are cleared, as per government FAQs.
Bank Credit Grows 15.9% in FY2025-26, Reaches Rs 212.9 Lakh Crore
Scheduled Commercial Banks recorded robust 15.9% credit growth in FY2025-26, reaching Rs 212.9 lakh crore. Services, personal loans, and agriculture led the expansion amid low interest rates.
Bank Manager Remanded in Rs 1.08 Crore Embezzlement
Sudhansu Khora, branch manager of KCC bank in Malkangiri, was forwarded to court after arrest for misappropriating over Rs 1.08 crore in crop loan funds from farmers via LAMPS.
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Odisha RERA Revises QPR Formats, Allows Hard-Copy Filing
Odisha RERA modifies quarterly progress report formats for builders, allowing hard-copy submission for offline-registered projects. New formats from June 2026 aim to improve transparency and compliance tracking.
Maharashtra blood banks profiteering on plasma sales
Maharashtra blood banks are selling excess plasma for Rs 7,000 per litre, far above the allowed Rs 1,600. SBTC plans a new policy and 50-point inspection checklist to curb profiteering and over-collection.
Rupee Rises 5 Paise to Close at 95.18 Against Dollar
The Indian rupee strengthened by 5 paise to close at 95.18 against the US dollar on Thursday, supported by positive domestic equities and foreign fund inflows.
Three Workers Die in Gas Leak at Angul Steel Plant
Three workers died in a suspected gas leak while cleaning a pipeline at a steel and sponge iron plant in Angul district. Police have initiated an investigation into the incident.
BEST Re-Tenders Prime Ghatkopar Property After Rent Objections
BEST committee raises objections over low annual rent of Rs 33.4 lakh for a prime 5,516 sq ft plot near Ghatkopar East station, leading to re-tendering. Nine other properties cleared.
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Centre Approves Rs 1,570 Cr Ship Repair Facility at Vadinar
The central government has approved a Rs 1,570 crore ship repair facility at Vadinar in Gujarat, aiming to boost maritime infrastructure and create jobs.
Cabinet Approves 2 New Semiconductor Units in Gujarat
The Union Cabinet has approved two additional semiconductor manufacturing units in Gujarat with a combined investment exceeding ₹3,900 crore, boosting India's chip-making ambitions.
US Stocks Near Records as Oil Eases, Earnings Stay Strong
US stock markets neared record levels on Tuesday as falling oil prices shifted focus to strong corporate earnings, with the S&P 500 rising 0.6% and nearing its all-time high.
Centre OKs Two Semiconductor Projects in Gujarat
The Centre has approved two semiconductor projects in Gujarat with a total investment of Rs 3,936 crore, boosting India's chip manufacturing ecosystem.
India Approves Rs 5,000 Crore Credit Lifeline for Airlines
The Union Cabinet approved ECLGS 5.0, providing Rs 5,000 crore credit guarantee to airlines hit by Iran war, with up to Rs 1,500 crore per carrier to ease liquidity and avert shutdowns.
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ITAT: Property from Relatives Not Sham for Tax Exemption
Mumbai ITAT ruled that buying a residential property from close relatives cannot be treated as a sham transaction solely because it yields tax benefits, allowing a Rs 41.5 crore exemption under Section 54F.
Sensex Nifty End Lower on Geopolitical Tensions Rupee Low
Benchmark indices Sensex and Nifty closed lower on Tuesday due to geopolitical tensions around the Strait of Hormuz and a record-low rupee, with Sensex falling 251 points.
EOW ACB Arrest Seven in Rs 115 Crore Overtime Scam
EOW and ACB arrested seven directors and representatives of manpower agencies in a Rs 115 crore overtime payment scam at Chhattisgarh State Marketing Corporation Limited.
Greater Noida's Top 5 Real Estate Hotspots Driven by Jewar Airport
Greater Noida's real estate is booming ahead of Jewar Airport's June 15 opening. Discover the top 5 hotspots: Greater Noida West, Pari Chowk, Omega 1, Techzone 4, and Alpha 1.
Silver Rises Rs 1,500 to Rs 2.51 Lakh/kg in Delhi
Silver prices jumped Rs 1,500 to Rs 2.51 lakh per kg in Delhi due to persistent geopolitical risks. Internationally, spot silver gained 1.08% to $73.51 per ounce, while gold traded at $4,549.57.
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Sundaram Home Finance Net Profit Up 15% to Rs 282 Cr in FY26
Sundaram Home Finance reported a 15% rise in net profit to Rs 282 crore in FY26, with AUM growing 14% to Rs 19,909 crore. Disbursements rose 5% to Rs 6,842 crore, driven by strong growth in emerging business segment.
Sundaram Home Finance Net Profit Up 15% to Rs 282 Crore in FY26
Sundaram Home Finance reported a 15% increase in net profit to Rs 282 crore for FY26, with AUM growing 14% to Rs 19,909 crore. Disbursements rose 5% to Rs 6,842 crore, while emerging business segment disbursements more than doubled.
Serendipity Arts Launches Brij Cultural Leaders Fellowship
Serendipity Arts Foundation has announced the Brij Cultural Leaders Fellowship, a nine-month leadership program for cultural practitioners in India.
Infinity Heights: Green Hill Top Luxury
Infinity Heights sets a new standard for eco-friendly luxury on hilltops, combining opulence with sustainability through innovative green technologies and design.
Kelly Bagla Esq: Legal Pathways for Global Entrepreneurs
Kelly Bagla Esq discusses legal strategies for entrepreneurs in a borderless economy, emphasizing compliance and cross-border business structures.
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MG Group Marks 30 Years of Bus Building Excellence
MG Group celebrates 30 years of bus building excellence, highlighting its journey, innovations, and commitment to quality in the automotive industry.
Manoj Kohli Joins Alt DRX Advisory Board for Tokenisation
Former SoftBank executive Manoj Kohli has joined Alt DRX's advisory board, signaling a major push for asset tokenisation in India's financial sector.
Lemon Tree Hotels: 100% Green Certified, 50% Renewable Energy
Lemon Tree Hotels becomes the first Indian hotel chain to achieve 100% green certification for owned hotels and reaches 50% renewable energy usage, setting new sustainability benchmarks.
CBRE India Launches AI-Native Platform for Real Estate Investment
CBRE India introduces Investment IQ Pro, India's first AI-native workflow platform for institutional-grade real estate investment, setting a new industry benchmark.
Shyam Dhani Rebrands Spices, Priety Zinta as Brand Ambassador
Shyam Dhani Industries Limited launches rebranded Shyam Kitchen Spices with Priety Zinta as brand ambassador, targeting modern Indian kitchens with quality and tradition.
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AgentKart Launches in NCR: Privacy-First Real Estate Platform
AgentKart has launched in the NCR region, offering a privacy-first real estate platform that connects users with verified, highly-rated agents. The platform prioritizes data protection and transparency.
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