Mumbai Builder Arrested for Illegal Flat Sales
Mumbai police's EOW arrested builder Sohail Abdullah Dukka for illegally selling flats in a Jogeshwari slum redevelopment project, misappropriating crores of rupees.
Category : Business
Mumbai Builder Arrested for Illegal Flat Sales in Slum Project
Mumbai EOW arrests builder Sohail Abdullah Dukka for illegally selling flats in a Jogeshwari slum redevelopment project, misappropriating crores of rupees.
PM Modi Norway Visit to Boost India-Nordic Startup Ties
Industry leaders say PM Modi's upcoming Norway visit will strengthen business and startup collaborations between India and Nordic nations, fostering innovation and investment.
India Among Fastest-Growing Steel Markets Globally
Goldman Sachs report highlights India as one of the fastest-growing steel markets, with crude steel production rising 11% YoY in March, as global HRC prices surged across major regions in April.
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Woo Investors Go Electric: India's EV Sector Attracts Global Funding
India's electric vehicle sector is attracting global investors with policy support and growing market demand, signaling a shift towards sustainable transportation.
BSL Secures Lloyd's Register Certification for Shipbuilding Steel
Bokaro Steel Plant (BSL) achieved Lloyd's Register certification for indigenous shipbuilding steel grades, boosting India's self-reliance in strategic steel production for marine applications.
Let the Rupee Do Its Work: Market Forces Should Guide Currency
India should allow the rupee to depreciate naturally to boost exports and manage trade deficits, rather than intervening to prop it up artificially, argue economists.
Hero Honda Chowk Flyover Repairs Set After Monsoon
NHAI will invite bids for Rs 22 crore repairs on Hero Honda Chowk flyover, damaged since 2022. Work to start post-monsoon. The flyover has a history of structural issues since 2018.
BoB Q4 net profit rises 11.2% to record Rs 5,616 cr
Bank of Baroda reported a record net profit of Rs 5,616 crore in Q4FY26, up 11.2% YoY, driven by higher NII and lower tax provisions. Full-year profit crossed Rs 20,000 crore. The bank raised advances growth target to 12-14% and deposit growth to 10-12%.
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Urban Challenge Fund Faces Hurdles in Tier II, III Cities
A Brickwork Ratings report warns that the Urban Challenge Fund's market-linked financing model may struggle in smaller cities due to weak financial reporting and limited capacity.
Gold Pledge Fraud: Four Complaints Filed in Mysuru
Mysuru police have registered four complaints in a gold pledge fraud case involving Soundar Raj alias Chinna Thambi, who allegedly cheated customers by misusing pledged ornaments.
Prudential acquires 75% stake in Bharti Life Insurance for Rs 3,500 cr
Prudential plc has agreed to acquire a 75% stake in Bharti Life Insurance from Bharti and 360 ONE for Rs 3,500 crore. Bharti's stake reduces to 25%, while 360 ONE exits fully.
Goyal: Design, Innovation, Entrepreneurship Key to Developed India
Union Minister Piyush Goyal emphasizes that design, innovation, and entrepreneurship will define India's journey to becoming a developed nation by 2047.
Startup Samagam Unites Industry Leaders in Ludhiana May 21
Ludhiana gears up for Startup Samagam on May 21, bringing together industry leaders, entrepreneurs, and innovators to foster collaboration and growth in the startup ecosystem.
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Bharti Sells 75% Stake in Bharti Life to Prudential
Bharti Enterprises has announced the sale of its 75% stake in Bharti Life Insurance to Prudential PLC, marking a significant move in the insurance sector.
Karnataka to Boost Cashew Cultivation with Rs 1 Crore Grant
Karnataka plans to revive cashew cultivation in Dakshina Kannada and Udupi with a Rs 1 crore grant for quality saplings, aiming for self-reliance and reduced imports.
DK Bus Operators Mull Fare Hike Amid Rising Costs
Dakshina Kannada Bus Operators' Association is considering a fare hike after a Rs 3/litre fuel price rise. Diesel, maintenance costs, and taxes burden operators. They seek govt support to avoid fare increase.
MSMEs Critical in Supply Chains: China Plus One Opportunity
Arvind Virmani emphasizes MSMEs' role in supply chains and the China Plus One strategy, urging Indian businesses to seize global opportunities.
India's Trade Deficit to Persist Through 2026 on Electronics Imports
India's trade deficit is expected to continue through 2026, driven by rising electronics imports, according to a recent report.
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Chennai Port–Maduravoyal 21-km Elevated Expressway Progresses
The 21-km Chennai Port–Maduravoyal elevated corridor, a four-lane double-tier expressway, is under construction to improve connectivity between Chennai Port and Maduravoyal.
Andhra handloom revival: TDP govt initiatives boost sector
The handloom sector in Andhra Pradesh is undergoing a major turnaround under the TDP-led NDA government, with initiatives focusing on welfare, modernization, and market expansion to strengthen weavers' livelihoods.
Virmani Calls for Job Skills and Public Health Reforms
Former NITI Aayog member Arvind Virmani emphasizes job skills and public health reforms for broad-based growth in India.
Delhi Govt Urges Private Sector: WFH 2 Days, Carpool
Delhi government advises private offices to implement two-day work-from-home, staggered hours, and carpooling to conserve fuel and reduce traffic congestion.
India's Design Ambition Shifts to Commercialisation
India's design leaders pivot from creativity to commercialisation, aiming for global innovation leadership through strategic IP and market-driven approaches.
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India Now Largest Market for KitKat Globally: Nestle
India has overtaken all other nations to become the largest market for KitKat, highlighting the country's growing importance for Nestle's iconic chocolate wafer brand sold in over 85 countries.
West Bengal Rice Industry Seeks Infra Boost from New Govt
The West Bengal rice industry urges the new BJP-led government to enhance infrastructure and expedite clearances to boost production and exports.
Delhi Govt Offers Rs 10 Cr Collateral-Free Loans for Women Startups
Delhi government announces collateral-free loans up to Rs 10 crore for women-led startups, aiming to boost entrepreneurship and economic empowerment.
FPI Outflows Hit Rs 27,048 Crore in May, Total Rs 2.2 Lakh Crore
Foreign investors continue to pull out from Indian equities, with net outflows of Rs 27,048 crore in May. Total FPI withdrawals in 2026 reach Rs 2.2 lakh crore, exceeding 2025 levels amid global uncertainty.
Top 10 firms lose Rs 3.12 lakh crore in market cap; RIL worst hit
Nine of top 10 most valued firms saw combined market cap drop by Rs 3.12 lakh crore last week, with Reliance Industries facing the steepest decline amid weak market sentiments.
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CNG Price Hikes Again in Delhi-NCR, Exceeds Rs 80/kg
CNG prices in Delhi-NCR have been hiked for the second time in two days, pushing rates beyond Rs 80/kg in Delhi. The rise follows global crude oil surge due to West Asia tensions.
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