Belagavi Financial Fraud: CID Probes with Maha Police Help
The CID is investigating a major financial fraud case in Belagavi, where a company allegedly collected Rs 2,400 crore from the public, with assistance from Maharashtra police.
Category : Startups
Odisha Engineer's Crorepati Empire Under Vigilance Scanner
Odisha Vigilance uncovered assets worth crores linked to Baikuntha Nath Behera, who started as a junior engineer with a Rs 6,000 salary. Searches at nine locations revealed four houses, cash, gold, and land.
Wheat Procurement Scam: FIR Filed Against 10 in Jabalpur
FIR filed against 10 in Jabalpur for Rs 1.35 crore wheat procurement scam. Over 5,100 quintals missing; probe reveals fake entries and irregularities.
Couple booked for Rs 6.18 crore investment fraud in Rajkot
Rajkot police registered an FIR against a couple for allegedly cheating a family and their associates of Rs 6.18 crore through a fake textile investment scheme.
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SpiceJet Suspends Shivamogga Flights June 9
SpiceJet will suspend flight services from Karnataka's Shivamogga from June 9. The airline operated flights to Chennai and Hyderabad under the UDAN scheme since October 2024.
True Hope Foundation Boosts Street Vendors with Digital Platform
True Hope Foundation's Street Vendor Empowerment Programme uses technology and storytelling to connect vendors with buyers, creating a double-beneficiary model that supports both vendors and community welfare.
First Akka Café Opens in Mandya for Women Empowerment
The first Akka Café in Mandya district was inaugurated at Pandavapura taluk panchayat to promote women's entrepreneurship and economic empowerment through self-help groups.
Gold Falls Rs 400, Silver Plunges Rs 5,000 on Weak Global Cues
Gold prices dropped Rs 400 to Rs 71,550 per 10 grams, while silver slumped Rs 5,000 to Rs 2,60,700 per kg, tracking weak global trends.
Sebi Flags Rs 15 Lakh Crore Revenue Gap in Jewellery Firm
Sebi has flagged a Rs 15-lakh crore revenue gap in a jewellery firm, prompting Congress to question LIC's 10% stake. Rajesh Exports denies any irregularities.
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Kuku Technologies Files for IPO, Targets Rs 15,000 Crore Valuation
Kuku Technologies has confidentially filed for IPO, aiming to raise up to Rs 3,500 crore. The digital entertainment startup targets a valuation of Rs 15,000 crore and plans to list later this fiscal year.
Ahmedabad Startups Turn Waste into Business Opportunity
At Greens 2026 summit in Gandhinagar, startups and MSMEs showcase innovative waste management solutions, from textile waste construction materials to compostable packaging.
Ex-Amazon Employee Reflects on Life After Quitting Corporate
A former Amazon employee shares her journey of leaving a high-paying job to find fulfillment, highlighting the challenges and joys of life beyond the corporate world.
Chargesheet Filed Against Manjummel Boys Producers
Crime branch filed a chargesheet against Soubin Shahir and others for alleged financial fraud in Malayalam film Manjummel Boys, including breach of trust and conspiracy.
Foreign Firms Use India IPO Boom to Repatriate $5 Billion
Foreign companies are leveraging India's IPO market to cash out investments, repatriating nearly $5 billion via Offer for Sale issues, raising concerns about capital outflows and rupee weakness.
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Sebi Bans Rajesh Exports CMD for Inflating Revenue by Rs 15.2 Lakh Crore
Markets regulator Sebi banned Rajesh Mehta, CMD of Rajesh Exports, from dealing in company shares after finding manipulated books and inflated revenues of Rs 15.2 lakh crore from FY21-25.
UP Cabinet OKs One-Time Settlement for Light Commercial Vehicles
The Uttar Pradesh cabinet approved a one-time settlement scheme offering 35% rebate on old tax dues and 100% penalty waiver for light commercial vehicles, valid for two months.
Gas Plants Hike IGX Purchases 340% in Apr-May
Gas-based power plants in India increased purchases on the Indian Gas Exchange by 340% year-on-year in April and May, driven by lower spot gas prices and higher demand.
VMS TMT Limited Reports Strong Q4 FY26 and FY26 Results
VMS TMT Limited announced its audited financial results for Q4 FY26 and FY26, with total income of ₹24,135.49 lakh in Q4 and ₹84,019.95 lakh for FY26. Net profit stood at ₹228.99 lakh and ₹2,103.36 lakh respectively.
Buddy4Study's Pay-It-Forward Model: Scholars Become Donors
Buddy4Study's GEV Memorial Kind Circle raises over Rs 1 crore, with former scholarship recipients now funding and mentoring new law students, creating a sustainable education funding model in India.
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Srinibas Pradhan Constructions Reports Strong H2 FY26 Results
Srinibas Pradhan Constructions Limited (SPCON) announced strong H2 FY26 and FY26 results with EBITDA margin expansion of 481 bps and PAT margin expansion of 346 bps in H2.
Mister Hair Clinics Unveils 100-Clinic Vision, Opens Franchise
Mister Hair Clinics plans to expand from 16 to 100 clinics by 2031, focusing on tier-2 and tier-3 cities in India, as featured in Outlook Business.
Pune IT Firm Shuts Overnight, Hundreds Jobless
A Pune-based IT company abruptly shut down, leaving hundreds of employees jobless and seeking refunds of Rs 15,000 laptop deposits amid unpaid salaries.
MSME Incubation Centre at IET Indore to Boost Student Startups
IET Indore is set to host a government-backed MSME Innovation-cum-Incubation Centre, benefiting over 23,000 engineering students from 35+ colleges with mentoring, funding, and infrastructure support.
Wardwizard Foods Revenue Surges 156% in FY26, Returns to Profit
Wardwizard Foods and Beverages reports 156% revenue growth to ₹237.73 crore in FY26, returns to profitability with PAT of ₹1.31 crore, driven by expanding distribution and cost discipline.
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PE-VC Investments Drop 9% to $15 Billion in Jan-May 2026
Private equity and venture capital investments fell 9% year-on-year to $15 billion in Jan-May 2026, but May saw a 25% surge in deal value to $2.2 billion.
Maya Tata Likely to Move from Tata Digital to Trent
Maya Tata, daughter of Tata Trusts chairman Noel Tata, is exploring a move from Tata Digital to Trent or Tata Consumer Products amid restructuring at Tata Digital.
Bengaluru's Simple Energy Raises Rs 250 Crore Funding
Bengaluru-based electric vehicle startup Simple Energy has raised Rs 250 crore in a funding round led by existing investors, with plans to expand production and launch new models.
Metal Stock Surges as Quarterly Profit Nearly Doubles
Shares of a leading metal company jumped over 5% after reporting a 95% surge in net profit for the March quarter, driven by strong operational performance and higher sales.
Shiprocket Shivir 2026 in Mumbai for Commerce Builders
Shiprocket Shivir 2026, a major event for commerce builders, is set to be held in Mumbai, drawing entrepreneurs and industry leaders from across India.
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40 Under 40 India Leaders 2026: Shaping Future
The 40 Under 40 India Leaders 2026 list highlights young visionaries driving innovation across sectors. These dynamic leaders are reshaping India's business landscape with fresh ideas and relentless determination.
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