Rajesh Exports shares hit lower circuit after Sebi ban
Rajesh Exports shares fell 5% to hit lower circuit after Sebi barred promoter Rajesh Mehta from trading, citing financial reporting irregularities and fund diversion.
Category : Banking
Pune IT Firm CEO Arrested for Cheating Employees
Harshal Thakre, CEO of ThynkTech India, was arrested for allegedly cheating employees, withholding salaries, and taking deposits for laptops. Over 500 engineers were left jobless.
Rajesh Exports Shares Fall After SEBI Action on CEO
Rajesh Exports shares dropped sharply after SEBI took action against CEO Rajesh Mehta. Investors react to regulatory concerns.
Sebi Bars Rajesh Exports Promoter Over Misrepresentation
Sebi barred Rajesh Exports' promoter from dealing in shares for financial misrepresentation and flagged non-cooperation by statutory auditors.
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Indian Markets Fall as FII Selling, Oil Prices Bite
Indian equity markets extended losses on Thursday with Sensex falling 443 points amid persistent FII selling, elevated crude oil prices, and weak global cues. Nifty closed at 23,284.
Shein Fined $26 Million in France Over Consumer Rule Breaches
French authorities fined Shein €22 million for consumer law violations. The fast-fashion giant calls the penalty disproportionate and plans to challenge it in court.
Worker Arrested for ₹40 Lakh Gold Theft from Ludhiana Home
A domestic worker was arrested for allegedly stealing gold worth ₹40 lakh from a Ludhiana family over eight years, including a bracelet from a 10-month-old baby.
Elderly Man Loses Rs 20,100 in ATM Card Swap Fraud
A 74-year-old Indore resident lost over Rs 20,000 after two strangers swapped his ATM card and stole his PIN. The fraud was discovered when SMS alerts showed withdrawals.
UP Power Union Demands Reinstatement of 25,000 Workers
The UP Power Corporation Nivida Samvida Karamchari Sangh demands reinstatement of 25,000 outsourced workers removed in Oct 2024, citing violation of staffing norms and increased workload.
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IFSCA Unveils Pension Fund Framework for GIFT City
IFSCA launches pension fund regulations for GIFT City, allowing global retirement capital inflow. The framework includes 10-year track record, multi-currency options, and life-cycle funds.
Rajkot Bullion Trader Files Complaint Over Silver Fraud
A Rajkot bullion businessman filed a criminal breach of trust case against a Vatva trader for failing to return 2.3 kg of silver worth Rs 6 lakh given for purity testing in Ahmedabad.
ED Summons Abhishek Banerjee in Teacher Recruitment Case
Hours after moving Calcutta HC for protection in CID case, Abhishek Banerjee gets ED summons for June 15 in teacher recruitment scam. Police also remove security outside his home.
Tourist Car Association Protests Fuel Price Hike in Jaipur
The All Rajasthan Tourist Car Association protested at Jaipur Collectorate against rising petrol and diesel prices, submitting a memorandum to the Chief Minister.
Ahmedabad Woman Files Complaint Against Sons for Assets
A 60-year-old woman from Narol, Ahmedabad, has accused her two sons of illegally taking possession of their late father's assets, including cash, fixed deposits, gold, and a car, and threatening her.
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Consumer Panel Orders 75% Refund for Damaged Marble Dining Set
Ludhiana consumer commission orders furniture company to refund 75% of Rs 87,000 and pay Rs 20,000 costs for damaged marble dining set, citing unfair trade practice.
Hyderabad Firm Employee Misappropriates Rs 13.3 Lakh
A Hyderabad-based anti-drone tech firm employee allegedly manipulated invoices, misappropriating Rs 13.3 lakh. Police filed charges of criminal breach of trust and cheating.
Congress MP Urges Simplified PM SVANidhi Scheme Procedures
Congress MP Chamala Kiran Kumar Reddy urged authorities to simplify PM SVANidhi scheme procedures for timely benefits to street vendors, highlighting documentation hurdles and delays.
Madurai Autorickshaw Registrations Surge 71% in 2025
Madurai's autorickshaw registrations surged 71% in 2025, with over 8 new vehicles added daily. Experts cite public transport gaps and cost convenience as key drivers.
Rupee Falls 40 Paise to 95.76 vs US Dollar on Tariff Woes
The Indian rupee weakened for the second straight session, closing at 95.76 against the US dollar, down 40 paise. Proposed US tariffs, rising crude oil prices, foreign fund outflows, and geopolitical tensions weighed on the currency.
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India's Gold Stock Steady at 880.52 Tonnes, RBI Denies Sale Report
The Reserve Bank of India has dismissed reports of selling $12 billion worth of gold, confirming that the country's physical gold stock remains unchanged at 880.52 tonnes.
Daily wage labourer gets Rs 6.7 lakh compensation
A daily wage labourer in Bengaluru, injured by a speeding motorcycle, fought a two-year legal battle and was awarded Rs 6.7 lakh compensation by a motor accident claims tribunal.
CCPA Fines PhysicsWallah Rs 5L, McAfee Rs 1L for Dark Patterns
CCPA imposed fines on PhysicsWallah and McAfee for using dark patterns on digital platforms, violating consumer protection laws and guidelines.
RBI Dismisses Gold Sale Rumours; Reserves Steady at 880.52 Tonnes
The Reserve Bank of India has clarified that it has not sold any gold from its reserves. Physical gold holdings remain unchanged at 880.52 tonnes as of March 31, 2025.
Jacqueline Fernandez Charged in Rs 200 Crore Money Laundering Case
A Delhi court framed charges against Jacqueline Fernandez, Sukesh Chandrashekar, and 15 others in a Rs 200 crore money laundering case. All accused pleaded not guilty and claimed trial.
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Bank of America CEO Sees Strong FII Interest Despite Challenges
Vikram Sahu, Bank of America India CEO, discusses FII trends, India's resilience, policy agility, and investment opportunities amid global uncertainties.
Cabinet Approves Rs 10,000 Crore for OMCs to Stabilise ATF
The Union Cabinet has cleared a Rs 10,000 crore corpus for OMCs to compensate for losses due to elevated international ATF prices amid the West Asia crisis, ensuring stable fuel supply for airlines.
Rupee Slumps 31 Paise to Close at 95.67 Against US Dollar
The Indian rupee fell 31 paise to close at 95.67 against the US dollar on Wednesday, extending losses from the previous session amid strong dollar demand and weak equities.
Education Loan Eligibility: Key Factors and Tips to Boost Approval
Learn how education loan eligibility is determined, including factors like age, academic record, credit score, and co-applicant income. Discover actionable tips to improve your chances of loan approval.
Rupee Could Drop to 98/USD by July Due to Energy Crisis
BofA Securities warns the Indian rupee may weaken to 98 against the US dollar by July 2026, driven by a worsening energy crisis. The currency traded at 95.77 on Wednesday.
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CMR Green Technologies IPO: Subscription, GMP, Listing Date
CMR Green Technologies IPO subscription opens today. Check GMP, listing date, price band, and other key details before investing.
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