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DIVERSION OF FUNDS
SBI's improving performance warrants better valuation, chairman Setty says: ReportState Bank of India's chairman believes the bank is undervalued, citing improvements in financial strength, customer base, and earnings. He...
Debit operations of 3 bank accounts of TMC holding Rs 440 cr frozenKolkata's Trinamool Congress faces a financial crisis as three party accounts, holding approximately Rs 440 crore, have been frozen. Rebel ...
CBI conducts searches in Kolkata in PNB fraud casesThe Central Bureau of Investigation (CBI) has conducted searches on Wednesday, at 8 locations in Kolkata, West Bengal, in connection with t...
CBI raids 8 locations in Bengal in bank fraud casesThe Central Bureau of Investigation (CBI) has launched extensive operations throughout West Bengal, targeting bank fraud involving a stagge...
Fintechs bet big on corporate bonds as retail participation surgesRetail investors are increasingly participating in corporate bonds, with monthly investments surging to Rs 1,500-2,000 crore. This growth i...
Beyond the Terminal: NRIs should factor 'Inevitable India' into their portfoliosIndian economy is transforming, offering opportunities for Non-Resident Indians. Despite rupee depreciation, an undervalued currency presen...
The 30% smallcap tilt: How Abakkus Flexi Cap Fund is positioning for the next rallyAbakkus Mutual Fund is strategically allocating 30% to smallcaps within its Flexi Cap Fund, identifying mispriced opportunities despite str...
For Sarvams to scale, tap global capitalIndia's generative AI landscape is thriving, yet it seeks greater global financial backing. While local startups are making strides in fund...
CM DK Shivakumar hails Karnataka's dynamic economy; state registers 9.5% export growth in FY 2025-26Karnataka's economy is booming. Exports grew by 9.5 percent in the financial year 2025-26, reaching almost ₹19.7 lakh crore. The state lead...
Homebuyers 'fraud' case: ED attaches fresh assets worth Rs 503 crore of Raheja DevelopersThe Enforcement Directorate has attached fresh assets worth approximately Rs 503 crore in a money-laundering probe against Raheja Developer...
Britain's army fenced off Salisbury Plain from industrial farming; 143 years on, plants came back fast, but the hidden soil microbes still haven't caught upLand restoration success is often measured above ground. However, a landmark study reveals that the invisible recovery of soil ecosystems t...
US ban on Anthropic's Fable 5 & Mythos 5 to put Indian IT services firms at competitive disadvantageUS restrictions on foreign access to Anthropic's advanced AI models, Mythos and Fable 5, are creating a significant competitive disadvantag...
US Justice Department clears Paramount's acquisition of Warner BrosThe U.S. Justice Department has approved Paramount Skydance Corp's massive $110 billion acquisition of Warner Bros. Discovery. This regulat...
Lenskart block deal; Meesho's kirana pushLenskart has drawn fresh interest from major institutional investors. This and more in today's ETtech Top 5.
Byju Raveendran's lawyer says Singapore High Court has stayed jail sentence against founderSingapore High Court has stayed committal and surrender provisions of its contempt order against Byju Raveendran, halting his six-month jai...
Keshav Reddy's Equal AI raises $30 million in round led by Prosus, Tomales Bay CapitalThe round also saw participation from Think Investments, Valiant Fund, PhonePe founder Sameer Nigam, and Zubin Bharti Mittal, among others....
ED arrests ex-Haryana government official in IDFC Bank fraud caseNaresh Kumar was arrested on June 10 under the provisions of the Prevention of Money Laundering Act (PMLA), 2002. He was produced before a ...
SatSure bags $2.6 million grant to build AI-powered Earth observation modelsIndian space startup SatSure Analytics received a $2.57 million grant to develop AI models for Earth observation, bolstering the nation's s...
Karnataka concludes Elevate Nxt 2026, shortlists 256 deeptech startup finalistsKarnataka's IT/BT department has concluded its Elevate Nxt 2026 deeptech startup support program, selecting 256 firms from 983 national app...
Rajesh Exports founder denies fund diversion in ACC Energy, says SEBI misread accounting entriesRajesh Exports Chairman Rajesh Mehta refutes SEBI's fund diversion claims. He states accounting entries were misunderstood. The company fac...