FIR Against Bank Staff for Rs 58 Crore Forest Corp Fraud

An FIR has been registered against unknown employees of a nationalised bank's Sadar branch in Lucknow for allegedly diverting Rs 58 crore of Uttar Pradesh Forest Corporation funds using a fake fixed deposit receipt.

RIIL Q3 FY26 profit up 9.9% YoY to Rs 3.01 crore

Reliance Industrial Infrastructure Ltd reports a 9.9% year-on-year rise in net profit for Q3 FY26, reaching Rs 3.01 crore. The company's financial performance shows steady growth.

Rs 21.47 Crore Bank Fraud in UP Cooperative Bank Branch

A major financial fraud involving Rs 21.47 crore has been exposed at the Gonda branch of UP State Cooperative Bank. An FIR names 16 individuals, including former managers, for illegal loan disbursements and fund diversion.

YEIDA to Pitch Japanese City Plan to Investors in Delhi

Yamuna Authority officials will present the blueprint for a dedicated Japanese City in Sector 5A to Japanese company representatives, highlighting investment opportunities in AI, semiconductors, and green energy.

Four Reforms for India's 2047 Developed Economy Goal

India's path to becoming a developed economy by 2047 requires shifting from quantity to quality in financing. Experts highlight rebuilding savings, market-based funding, capital efficiency, and startup leverage as crucial reforms.

Stock Market Holiday Today for Mumbai Elections

The Indian stock market remains closed on January 15, 2026, due to municipal corporation elections in Mumbai. BSE and NSE announce a trading holiday, with commodity markets partially affected.

UPERC Approves Adani's 1,500 MW Mirzapur Thermal Project

The UP Electricity Regulatory Commission approved the power supply agreement for Adani's Mirzapur thermal project. The tariff is Rs 5.38 per unit. The Commission imposed strict conditions to ensure savings from FGD removal benefit consumers.

IHG Aims for 400 Hotels in India by 2030

IHG Hotels & Resorts plans to triple its Indian presence to 400 properties by 2030 through an asset-light model, introducing new premium brands and capitalizing on booming domestic tourism.

Financial Checklist for Indians Moving Abroad as NRIs

Moving abroad requires careful financial planning to avoid tax issues and penalties. This guide covers banking changes, asset management, and compliance steps for a smooth transition to NRI status.

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