LUCC Rs 800 Crore Scam: CBI Arrests Two in Mumbai
The CBI arrested two masterminds of the Rs 800 crore LUCC scam in Mumbai, involving fraudulent loans and misappropriation of funds from a cooperative bank.
Category : Business
Mother Dairy Rules Out Further Price Hikes for Now
Mother Dairy chairman Maneesh Shah says no immediate price hike plans despite global uncertainties, as input costs are already factored in. The company also launches degradable milk pouches.
M-SANVI Real Estate Expands Dwarka Presence with DDA Flats
M-SANVI Real Estate expands residential offerings across Dwarka sectors, focusing on DDA-approved society flats and builder floors to meet growing demand for well-connected, secure housing in West Delhi.
Rising fuel prices may spike inflation by 48 bps: Crisil
A Crisil report warns that rising petrol and diesel prices could add up to 48 basis points to CPI inflation, impacting food and core inflation through higher transport and logistics costs.
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Sensex surges 382 points, Nifty at 23,488
Equity markets staged a strong intraday recovery on June 2, with Sensex ending 382 points higher and Nifty closing at 23,488, driven by buying in IT and banking stocks.
Adani Group Posts Record $16B Capex, EBITDA All-Time High
Adani Group companies reported a record USD 16 billion capital expenditure and an all-time high consolidated EBITDA of Rs 94,834 crore in FY26, marking a 5.6% year-on-year increase.
Bank Liable for Losing Original Land Title Document
Thrissur consumer commission held Central Bank of India liable for losing an original land title deed deposited as loan security, directing Rs 2.5 lakh compensation and Rs 10,000 litigation costs.
Occupancy Certificate: Essential for Homebuyers and Legal Ownership
An Occupancy Certificate (OC) is issued by local authorities, confirming a building is constructed per approved plans and safe for occupancy. Without it, property registration and loan disbursement are blocked.
Sale Deed vs Gift Deed vs Will: Key Differences
Understand the differences between sale deed, gift deed, and will in Indian property law. Learn about legal requirements, stamp duty, and registration for each mode of transfer.
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Rising Fuel Prices Risk Reigniting Inflation in India
Petrol and diesel prices have surged by Rs 7.5 per litre since mid-May, with further hikes likely if crude oil remains high, threatening to stoke inflation.
Punjab CM Mann backs HPCL biogas projects for agri waste
Punjab CM Bhagwant Mann assured HPCL of full support for its biogas projects, stating they will manage agricultural waste, boost economic activity, and create jobs.
RBI MPC June 2026: Interest Rate Decision Tomorrow
The RBI MPC meeting begins tomorrow amid global uncertainty. Experts predict a possible rate hike to curb inflation. The decision will impact loans and EMIs.
Noel Tata Questions Rs 7,000 Crore Tata Digital Investment
Noel Tata questioned the Rs 7,000 crore investment plan for Tata Digital's consumer businesses, citing overly optimistic growth forecasts and potential losses of Rs 9,000 crore over three years.
Balu Forge Gets Order for 152mm Artillery Shells
Balu Forge Industries Ltd has secured a significant order for 30,000 units of 152mm artillery shells, with potential scaling to over 100,000 units, marking a major step in defence manufacturing.
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NJF Holdings Sees Sports-Life Sciences as Key India Investment
NJF Holdings identifies the convergence of sports and life sciences as a major investment opportunity in India, citing the country's unique position to develop capabilities in athletic performance and longevity science.
5 athletes with luxury homes in Bengaluru
From KL Rahul to Sunil Chhetri, discover the luxurious Bengaluru homes of five top Indian athletes, featuring modern interiors, smart tech, and elegant designs.
India Issues LoR to France for 114 Rafale Jets Worth Rs 3.25 Lakh Crore
India has issued a Letter of Request to France for 114 Rafale fighter jets worth Rs 3.25 lakh crore, with IAF chief visiting France and PM Modi expected to follow.
Govt Sells Up to 6% Stake in NHPC at Rs 71/Share
The Indian government launches an offer for sale of up to 6% stake in NHPC at Rs 71 per share, aiming to raise over Rs 4,700 crore as part of its disinvestment plan.
Madras High Court Intervenes in IPRS vs TVK Licensing Dispute
The Madras High Court has directed TVK Cultural Academy to pay music licence fees to IPRS or deposit the amount, highlighting the ongoing dispute over music licensing at live events in India.
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First-Time Homebuyers: Actual Costs Exceed Advertised Prices
First-time homebuyers in India face final costs 15-40% above base price due to stamp duty, GST, floor rise charges, and other fees. Transparency is key.
Global Design Thinking Reshaping Indian Homes
Indian homes are evolving as global design influences shift buyer priorities towards architecture, landscape, and liveability, redefining premium residential living.
IT Stock Gains Despite Market Volatility on Strong Q4 Revenue
Despite market volatility, this IT stock surged after posting strong Q4 revenue. Check the details of the company's performance and future outlook.
AJC Jewel PAT Up 174% in FY26, Expands Jewellery Platform
AJC Jewel Manufacturers Ltd. reported a 173.62% PAT growth to ₹7.83 crore in FY26, with revenue up 32.17%. The company is expanding its B2B platform and retail brand Esthara Jewels.
US Cuts Tariffs on Farm Equipment to 15% Through 2027
The White House announced a temporary tariff reduction on agricultural equipment from 25% to 15%, with a lower 10% rate for equipment using 85% US steel or aluminum, effective June 8 through 2027.
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Ola QIP at Rs 37.74: Understanding Qualified Institutional Placement
Ola Electric's QIP at Rs 37.74 per share raises Rs 1,656 crore. Learn what a Qualified Institutional Placement is and how it benefits companies.
RBI May Have Sold $12 Billion Gold to Shield Forex Reserves
Amid US-Iran conflict, RBI likely sold gold worth $12 billion to protect forex reserves from rising oil prices and rupee pressure, says Bloomberg Economics.
India Two-Wheeler Sales May 2026: Hero, Honda, TVS, Bajaj, Suzuki Grow
India's two-wheeler industry saw robust growth in May 2026, with Hero MotoCorp, Honda, TVS, Bajaj, Suzuki, and Royal Enfield reporting healthy year-on-year increases in domestic and export sales.
India Under Modi: Fragile Five to Vulnerable One
India's economic trajectory under PM Modi has shifted from being part of the 'Fragile Five' to a 'Vulnerable One', raising concerns about growth and stability.
Delhi Court Upholds Rejection of Fraudulent Health Insurance Claim
Delhi State Consumer Commission upheld Bajaj Allianz's rejection of a health insurance claim after investigators found ten discrepancies, including a post-discharge injection, indicating fabricated medical documents.
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Bangalore Watch Co. Unveils Watch Made from Captured Carbon
Bangalore Watch Company launches Peninsula Carbon, the world's first watch using captured carbon, highlighting urban carbon footprints with a limited edition of 100 pieces.
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