Author: Ansh Singh

New Delhi: The discovery of a fraudulent scheme within an ICICI Bank branch has revealed that a branch manager, with the assistance of accomplices, had been systematically withdrawing large sums of money from unsuspecting customers’ accounts over an extended period. The funds were illicitly utilized to meet business targets, and masqueraded under the guise of creating new fixed deposit accounts, current accounts, and savings accounts, as reported. The situation escalated when someone became aware of the scheme and began blackmailing the bank officials involved. Consequently, the unauthorized withdrawals persisted, with the embezzled funds being used as hush money to silence…

Mumbai: ‘Siddha Sky’ at Sion NX, an iconic luxurious project of the Siddha-Sejal Group, is the top-selling residential project in the Mumbai Central suburbs of Mumbai for the year 2023, according to the CRE Matrix IndexTap Premier League. This project is Mumbai’s first-ever project featuring a Rooftop Skywalk 400 feet above the ground. According to the CRE Matrix Index, Tap Premiere League ‘Siddha Sky’ sold the largest number of residential units in Q1 2023, Q2 2023, and Q4 2023, whereas it stood 2nd in terms of units sold in Q3 2023. This was against the backdrop of other well-known projects…

Mumbai: Veera, India’s rewards-powered internet browser, announced a Seed round funding of $6 million today. Founded by Arjun Ghose and Rahul Pagdipati and founding advisors Aditya Julka and Kanu Gupta, Veera has rapidly gained traction in the Indian market, focusing on a better browsing experience and rewards based on engagement. The investment was led by Ayon Capital (a significant investor in Brave, the world’s leading privacy-focused internet browser built by the team that had previously built Firefox). The round has also attracted investments from several other global blue-chip investors, including 6th Man Ventures, Folius Ventures (both 6MV and Folius are…

New Delhi: As 2024 approaches, the Indian HRTech sector stands at the threshold of unprecedented growth and innovation. Over recent years, the landscape of human resources (HR) in India has undergone a profound transformation, fueled by technological advancements and a dynamic shift in the workforce. Recognizing the pivotal role of HR in nurturing employee engagement, driving talent acquisition, and ultimately ensuring organizational success, businesses are increasingly prioritizing the adoption of cutting-edge HR technologies. For organizations striving to optimize their HR processes, streamline operations, and enhance the employee experience, the search for the best HR technology companies in India has become…

Mumbai: Pushpam Group, a leading real estate player in India who is into resort homes, has announced the launch of their luxury Bali themed studio suites at their resort home Balibaug in Alibaug. A total of 14 spacious luxury studio suites will be developed, reflecting a Balinese interior. These suites will be fully furnished leading to a veranda offering residents a tropical view. Speaking on the launch, Dr. Sachin Chopda, Managing Director, Pushpam Group said, “The launch of our Bali themed studio suites will be in addition to our existing offerings of luxury villas at our project Balibaug. It is…

New Delhi: Nowadays it is not enough to purchase a home at a key location, equally important is to decorate it with the right artifacts. The home décor speaks about the personality of the homeowner, showcasing their tastes and preferences. Well-chosen home décor items can enhance the comfort and functionality of the living space. Proper furniture, side tables, and lamps, can not only enhance the look of the place but also increase the comfort factor. Home aesthetics can be a mood lifter, the use of the right color, texture, and patterns, can lighten up the mood. Thus it is imperative…

New Delhi: Mr. Vipin Jain, MD & CEO of ART Housing Finance (India) Limited, expressed his delight, “We’re honoured to earn GPTW certification thrice. At ART Housing Finance, prioritizing a nurturing work environment is paramount. Our focus: empowering employees to achieve career goals while maintaining balance. Their trust in our values, reflected in this certification, bolsters our employer brand.” About ART Housing Finance (India) Limited: ART Housing Finance (India) Limited, a Housing Finance Company regulated by the National Housing Bank, is headquartered in Gurgaon. With operations spanning 7 states and 35+ branches, we specialize in the affordable housing finance sector, boasting a…

Bangalore: Ganesh Balakrishnan, founder of bamboo-based sneaker brand Flatheads, along with former core team members of MyGate and retired Indian Armed Forces officials, has started a new venture Aurm to democratize and revolutionize bank locker facilities in India. Ganesh, an alumnus of IIT Bombay and IIM Bangalore, gained widespread recognition for his honesty and undying spirit while pitching on Shark Tank India Season 2. He co-founded Aurm late last year following the acquisition of his previous venture, Flatheads, by the fashion label Styched. Based out of Bangalore, Aurm’s other co-founders are Suraj HS and Pratap Chandana, the core team members…

Bengaluru: Ahead of Season 2 of the Women’s Premier League (WPL), former Australia cricketer Michael Klinger has been appointed as the Head Coach for the Adani Sportsline-owned Gujarat Giants. The second season of the WPL will be played in Bangalore and New Delhi, with the tournament starting on February 23 at M Chinnaswamy Stadium. He joins the squad with legendary former Indian captain Mithali Raj, who is the Mentor and Advisor of the team, and Nooshin Al Khadeer, who has been the Bowling Coach since Season 1. Klinger most recently served as an assistant coach for Sydney Thunder, a team that finished fourth…

New Delhi: In the December quarter, State Bank of India (SBI), the country’s largest lender, disclosed a provision of Rs 240 crore related to its investments in alternative investment funds (AIFs), according to Chairman Dinesh Khara. He mentioned during a press conference following the quarterly results announcement that the bank’s overall exposure to AIFs stands at approximately Rs 1,000 crore. The provision was made in response to regulatory guidelines issued by the Reserve Bank of India (RBI) on December 19, which prohibited banks, non-bank lenders, and home financiers from investing in AIFs linked to companies that have borrowed from these…