Searched for
FRAUD FACTORIES
EPFO asks retired employee to return Rs 2.5 crore PF money over company's trust exemption lapse; he fights in HC and winsA retired employee received relief from the Telangana High Court. The Employees' Provident Fund Organisation had demanded Rs 2.5 crore PF m...- The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
- From $22 billion to zero: Success, not failure, brought Byju downByju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The company's downfall stems from ...
- Profit on paper, loss in reality: How a routine accounting tool is used to deceive and take investors for a rideAmortisation is a number most investors skip, but it can shape reported profit. On the surface, it looks routine: A company spreads the cos...
- War without borders: The rise of cyberattacks beyond the battlefieldCyber conflict has escalated beyond borders following US-Israeli strikes on Iran, with hacktivists and state-backed actors launching global...
- Power ministry to seek Cabinet nod for ₹20,000 crore carbon capture scheme by JulyIndia's power ministry is planning a significant ₹20,000 crore scheme for carbon capture technology. Cabinet approval is expected by July. ...
- How managements hide debt, losses, and disputes without breaking a single accounting rule – and take investors for a rideA listed company rarely operates alone. Behind it can sit a web of subsidiaries, step-down entities, associates, overseas arms, and special...
- French regulator says most e-commerce platform products it tested breach EU rulesFrance's consumer watchdog found a staggering 75% of products from online platforms failed EU safety rules. Many items were found to be dan...
- Myanmar junta says nearly 1,600 foreigners arrested in scam hub raidsMyanmar's military announced a major crackdown on a notorious internet scam hub near the Thai border. Nearly 1,600 foreign nationals were a...
- India to fly home 500 from Thailand after scam hub raid: Thai PMIndia was to repatriate 500 of its citizens from Thailand after a crackdown on a Myanmar scam hub led to workers fleeing over the border, t...
- SpaceX says 'disabled' 2,500 Starlink devices at Myanmar scam centresSpaceX has shut down over 2,500 Starlink devices at scam centers in Myanmar. This action follows an AFP report on the widespread use of the...
- 203 individuals held for visa and passport fraud in 2024In 2024, the Delhi Police IGI Airport Unit arrested 203 individuals for visa and passport fraud, a significant increase over last year. Eff...
- Bank fraud: ED raids in J-K, Punjab, UP in Bharat Papers Ltd caseIncorporated in September, 2006, the BPL is an associate of the Bharat Box Factory Industries Limited (BBFIL), a paper board packaging indu...
- Ministry of Corporate Affairs begins investigating leaders of the Maha Vikas AghadiWhile in the case of Mushrif, MCA is probing a Pune-based sugar factory in which Mushrif's family members are directors, in the case of Jad...
- BJP govt closing down central concerns; PM's 'factory of lies' alone will remain: MamataBanerjee said that the BJP is advertising tall claims about what it will do for the people of Bengal, but the party has reneged on promises...
- PNB scam: ED attaches Thailand factory of Mehul Choksi's group companyOfficials said ED investigators will soon get issued Letters Rogatories (judicial requests) for legal formalisation of the attachment of th...
- Amit Shah attacks Congress after CBI books Punjab CM's son-in-law for bank fraud"Punjab CM s son-in-law pockets money meant for India s hardworking farmers. What can be more shameful than this! #CongressLootsFarmers," S...
- NCP terms Anna Hazare as 'RSS agent'NCP spokesman Nawab Malik alleged that Hazare was playing a role in the "RSS conspiracy" to defame senior NCP leaders like Sharad Pawar.
- 24 directors of Niphad sugar factory held for fraudTwenty-four former directors of a co-operative sugar factory in Niphad have been arrested and remanded to judicial custody till August 31, ...
- BAE signs ammunition deal with Britain's militaryBritain's Defense Ministry said Thursday it had signed a 15-year deal with arms company BAE Systems PLC to supply ammunition to British tro...
Load More
