Rajesh Exports Blames Communication Gap for Sebi Ban
Rajesh Exports chairman Rajesh Mehta claims a communication gap with Sebi led to the regulator's ban, defending the company's revenue figures as correct.
Category : Business
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.
HDFC Bank Halts Govt FD, CASA Sourcing via Agents
HDFC Bank has directed its agents to stop mobilising fixed deposits and CASA funds from government entities from July 1, 2026, citing branch network expansion.
UP PWD Allows Alternatives Amid Bitumen Shortage
Facing acute bitumen shortage due to West Asia tensions, UP PWD permits sourcing from non-state firms, mandates certification by IIT, NIT, CRRI, and promotes cement-based layers and new tech.
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UP Revises Circle Rates in Lucknow Villages Along Expressways
Uttar Pradesh government revises circle rates for agricultural and non-agricultural land in Lucknow district villages along expressway corridors, impacting property transactions and stamp duty.
Power Outage at AIESL MRO in Nagpur Forces Day Off
A continuous power failure at the AIESL MRO facility in Mihan since June 3 has disrupted operations, leading to June 5 being declared an off day for staff.
Chhattisgarh Power Network Expands with Rs 1,502 Crore
CSPDCL invested over Rs 1,502 crore in 2025-26, energising 17,184 agri pumps and releasing 1.61 lakh new connections. The state expanded grids, electrified 92 villages, and achieved 100% PVTG electrification under PM-JANMAN.
LDA Launches Three Housing Schemes in Lucknow This Month
Lucknow Development Authority will launch three residential schemes this month: Naimish Nagar, Varun Vihar, and Wellness City, aiming to provide housing for over 600,000 people.
Pune recruitment firm directors held for cheating job seekers
Two directors of a Pune recruitment firm were detained for allegedly cheating 22 software engineers of Rs 43.62 lakh by not paying salaries and failing to refund deposits.
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Mumbai Doctor Arrested for Forged Insurance Claim Docs
Meghwadi police arrested a doctor for allegedly forging medical documents to secure an insurance claim. Investigation reveals no surgery was performed despite submitted papers showing varicose vein operation.
ACB Alleges Rs 979 Crore Jal Jeevan Mission Tender Fraud
The ACB filed a chargesheet against retired IAS officer Subodh Agrawal and others for alleged corruption in Jal Jeevan Mission tenders worth Rs 979 crore, involving forged documents.
MPPSC Engineering Results 2025: Only 39 Qualify for 32 Posts
MPPSC declared State Engineering Services Exam 2025 results with only 39 candidates qualifying for 32 vacancies, far below the expected 96 shortlist. Shortfall highlights declining engineering recruitment.
Hyderabad firm loses ₹3 crore in dividend fraud
SMS Pharmaceuticals filed a complaint with Hyderabad CCS after a gang siphoned off over ₹3 crore by impersonating shareholders and fraudulently claiming unpaid dividends.
Narmada Pipeline Burst in Mhow Causes Severe Waterlogging
A Narmada phase-3 pipeline burst in Mhow on Thursday morning led to lakhs of litres of water leaking, submerging roads and causing severe waterlogging in low-lying areas for hours.
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Liquor suppliers protest discount claims on unpaid bills
Liquor suppliers to Telangana Beverages Corporation allege the firm claims cash discounts on fresh payments while older bills remain unpaid for months, worsening cash flow pressures.
Mumbai Constable Suspended in Bribery Case
A constable from Khar police station in Mumbai was suspended after being arrested by the Anti-Corruption Bureau for demanding a bribe of Rs 2,000 for passport verification work.
Pune Residents Stunned by Sky-High Diwali Airfares Despite ATF Fund
Despite a Rs10,000-crore ATF price stabilisation fund, Pune residents face exorbitant Diwali airfares, with return tickets for a family of four reaching Rs1.7 lakh for Prayagraj.
CBI arrests postal engineer for bribery in Lucknow
CBI and anti-corruption bureau arrested a postal department executive engineer for accepting a bribe of Rs 1.5 lakh from a contractor to process pending payments.
Odisha CM Lays Foundation for Pipili Handicrafts Hub
Odisha CM Mohan Charan Majhi laid the foundation for a Rs 80 crore Pipili appliqué handicrafts hub in Puri district, aiming to boost local artisans and promote Odisha's traditional crafts globally.
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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.
Karnataka FKCCI Conference in Tumakuru on June 6-7
The FKCCI state-level conference will be held in Tumakuru on June 6-7, featuring the District Chamber's silver jubilee celebrations on June 7.
Gujarat Retains Top Spot as India’s Largest Exporting State
Gujarat leads India’s exports with $110.63 billion in 2025-26, accounting for 25.6% of the total, despite a 4.9% decline due to global headwinds and tariff challenges.
TN Petrol Dealers Threaten Shutdown Over Attack on Staff
Tamil Nadu Petrol Dealers Association warns of a one-day statewide shutdown of 7,000 fuel outlets if government fails to act on a machete attack at a Thoothukudi petrol bunk and police seizure of surveillance equipment.
ED Seizes Assets Worth Rs 1.33 Crore in Drug Probe
The Enforcement Directorate seized assets worth Rs 1.33 crore and USD 2,200 in cash during raids against a transnational drug syndicate run by Salim Ismail Dola across four cities in Gujarat and Maharashtra.
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Banas Dairy MoU with NCEL to Boost Cooperative Exports
Banas Farmers, part of Banas Dairy, signed an MoU with NCEL to enhance export opportunities for cooperative products, benefiting farmers and livestock rearers across India.
Karnataka Notices Stone Crusher Owners in Dharwad Over Royalty
Karnataka government has issued notices to stone crusher owners in Dharwad for extracting and transporting building stone beyond audited limits and encroaching quarry boundaries, demanding royalty payments.
Goa TCP Dept Processes 88,249 Sqm Land Conversion Under Section 39A
Goa's TCP department processes 88,249 sqm land proposals under Section 39A, with 34,527 sqm approved. Bardez leads with 69% of total area, including large tracts in Tivim and Nadora.
Rice Industry Meets Panel on Hybrid Paddy Issues
Punjab Rice Industry Association met a parliamentary committee to highlight problems with hybrid paddy, including high broken rice percentage causing financial losses to millers.
Nashik Onion Prices Surge Up to 40% on Demand Spike
Wholesale onion prices in Nashik district have risen 20-40% in 12 days due to demand-supply mismatch. Average rates at Lasalgaon and Pimpalgaon markets increased, but remain below production cost, causing farmer distress.
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Centre eases onion procurement norms; farmers skeptical
The Centre relaxes onion procurement norms for Nafed and NCCF, but Nashik farmers remain skeptical about implementation and pricing, demanding transparent APMC-based procurement.
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