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FINANCIAL MISREPRESENTATION
One.Tel collapsed in 2001 after billing failures and a cash crisis. How its legal fallout led to a $40 million settlement in 2014One.Tel collapsed in 2001 after years of trading losses, billing failures and mounting cash-flow problems. The Australian telecom company's...12 Oct, 2026, 08.01 PM IST- Jai Singh Rathore-like scam in US: Rs 7 crore raised for 81-year-old delivery driver whose wife had cancer; it was his daughter who posed as a neighbour to raise moneyAn online fundraiser that collected more than $700,000 (around Rs 7 crore) for an 81-year-old Texas delivery driver whose wife has pancreat...29 Sep, 2026, 10.25 AM IST
- GoFundMe deactivates David Johnson fundraiser after viral luggage video raises nearly $745,000 for wife’s cancer treatment. Here's whyGoFundMe deactivated a fundraiser for 81-year-old Texas man Donald Johnson after it raised nearly $745,000 to help pay for his wife’s cance...28 Sep, 2026, 05.52 PM IST
- Lesson from HDFC Bank controversy: Boards of companies should not conduct business in hasteDirectors are custodians of various interests - shareholders, customers, the state, regulators, industry, employees.... They often encounte...25 Sep, 2026, 12.00 PM IST
- AI Is Changing How Customers Choose Your BusinessAs AI increasingly mediates how customers research, evaluate, and choose suppliers, competitive advantage is shifting from direct customer ...25 Sep, 2026, 08.00 AM IST
- Sebi approves new rules to widen investment avenuesThe board of Sebi has sanctioned new regulations aimed at portfolio managers, paving the way for innovative investment avenues. These guide...25 Sep, 2026, 06.33 AM IST
- Imposter posing as Pittsburgh Steelers Player Eli Heidenreich scams two women out of $1000Two women from Pennsylvania, were scammed by an imposter claiming to be Eli Heidenreich. The incident occurred in July 2026, involving dece...24 Sep, 2026, 03.50 PM IST
- ₹1 crore accidental death claim rejected over alleged income inflation; here’s why wife won against insurerAn insurer's attempt to deny a Rs 1 crore accidental death claim based on alleged income inflation backfired. The consumer commission ruled...23 Sep, 2026, 11.49 AM IST
- BRICS adopts New Delhi Declaration: Inside the 140-point document on Global South's ambitionsBRICS leaders adopted the New Delhi Declaration at the 18th summit, reaffirming their commitment to cooperation, multilateralism and a more...14 Sep, 2026, 01.31 PM IST
- In 2018, Susan Sarandon bought 45 acres in Vermont for an off-grid solar-and-geothermal home; 5 years later, engineers and staff flagged 47 alleged construction problemsActress Susan Sarandon's dream of an off-grid Vermont estate encountered significant construction problems and a lawsuit. Her company filed...11 Sep, 2026, 01.50 PM IST
- ₹1 crore penalty on Canara HSBC Life Insurance Company over mis-selling of a deferred annuity policy to an 88-year-old senior citizenAn 88-year-old was sold a deferred annuity policy despite age restrictions, leading to a Rs 1 crore penalty for Canara HSBC Life. IRDAI fou...11 Sep, 2026, 01.18 PM IST
- HDFC Bank shares fall 2% to fresh 52-week low despite victory in Credit Suisse AT1 bonds cases in BahrainHDFC Bank shares fell despite the rejection of all seven Bahrain cases linked to Credit Suisse AT1 bonds. The stock remains under pressure ...11 Sep, 2026, 11.31 AM IST
- HDFC Bank says all seven Bahrain claims over Credit Suisse AT1 bonds rejectedHDFC Bank has won all seven Bahrain cases filed by Credit Suisse AT1 bond investors, who accused the lender of mis-selling the risky securi...10 Sep, 2026, 03.17 PM IST
- Rajesh Exports repays ₹510 crore dues to Canara Bank after DRT orderCanara Bank recovered all dues totaling ₹510 crore from Rajesh Exports. This recovery followed an order by a debt recovery tribunal. The ba...01 Sep, 2026, 12.08 PM IST
- Sebi bars Tarapur Transformers, promoters from markets for 5 years in fund diversion caseSebi barred nine entities, including Tarapur Transformers and its promoters, from securities markets for up to five years. The regulator fo...31 Aug, 2026, 11.06 PM IST
- China Evergrande fiasco: Court stops PwC International's attempt to distance itself from its local arm's doingsPricewaterhouseCoopers International's attempt to exit the multibillion-dollar Evergrande lawsuit has been dismissed by a Hong Kong court. ...26 Aug, 2026, 01.40 PM IST
- Motor insurance bills could feel the pinch as insurers crack down on third-party fraudMotor insurers are intensifying efforts to curb third-party claim fraud as rising court awards and more uninsured vehicles increase pressur...11 Aug, 2026, 12.44 PM IST
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