Author: Ansh Singh

New Delhi: Bankim Brahmbhatt, an Indian-origin businessman, is now in the news for a huge money fraud case worth $500 million (around ₹4,000 crore). He was the head of some telecom and finance companies in the US. Big investors like BlackRock’s HPS Investment Partners gave large loans to his companies. But now they say that Bankim and his team cheated them using fake documents and fake customers. The story began a few years ago when Brahmbhatt’s companies, such as Broadband Telecom, Bridgevoice, and Carriox Capital, took loans from many lenders. To get the loans, they showed documents claiming they had…

New Delhi: In 2015, when the story was written, Gaurav Munjal, the co-founder and the CEO of Unacademy, was just starting with his start-up. He was attempting to create a meaningful thing in the realm of online learning. He was then interested in meeting Deepinder Goyal, the founder of Zomato to seek his advice. However, when he made the call Goyal responded immediately and in a way that surprised him, “Kyon milna hai yaar? Dhandha banao, Which means Why meet? Go build your business.” The message was harsh, but Gaurav did not receive it in a negative manner. Rather, he…

Every year during Diwali, homes across India light up with colourful LED string lights, glowing lanterns, and bright decorations. The lights sparkle on balconies, temples, shops, and streets, spreading joy and celebration. But behind this beautiful sight, there’s a hidden story about where these lights come from and what they reveal about India’s manufacturing and trade. If you walk through any busy market in Delhi, Mumbai, or Jaipur, you’ll find two main types of string lights, one made in China and another labelled “Made in India.” At first glance, both look the same. The Chinese ones usually cost around ₹95…

New Delhi: Income Tax Department has served a massive tax notice of 1.986 crore to Hindustan Unilever Limited (HUL) one of the most popular companies in India that deals with daily use products such as dove, Surf Excel, and Lifebuoy. The notice is connected to the period of 2020-21 financial year. The tax department indicated that HUL had committed some errors during the presentation of its accounts in that year. They are of the opinion that the company failed to compute its tax on two matters one of them is how it paid their money to other businesses associated with…

New Delhi: Prime Minister Shri Narendra Modi addressed the Maritime Leaders Conclave and chaired the Global Maritime CEO Forum at India Maritime Week 2025 in Mumbai, Maharashtra today. Speaking on the occasion, Prime Minister welcomed all participants to the Global Maritime Leaders Conclave. He remarked that the event began in Mumbai in 2016 and expressed happiness that it has now evolved into a global summit. Shri Modi highlighted that participation from over 85 countries sends a strong message. He noted the presence of CEOs of major shipping giants, startups, policymakers, and innovators, all gathered at the event. He further acknowledged…

New Delhi: Department of Consumer Affairs, Ministry of Consumer Affairs, Food and Public Distribution, has notified the Legal Metrology (Packaged Commodities) Amendment Rules, 2025.  The amendment introduces specific provisions for packages containing medical devices, aligning the Legal Metrology (Packaged Commodities) Rules, 2011 with the Medical Devices Rules, 2017. This step ensures regulatory harmony, reduces compliance ambiguity and enhances consumer protection in the healthcare sector. The amendment provides that for packages containing medical devices, the provisions of the Medical Devices Rules, 2017 shall prevail for the height and width of numerals and letters used for making declarations. This means that while…

New Delhi: In a major blow to international drug trafficking networks, the Directorate of Revenue Intelligence (DRI) has seized 4.7 kg of cocaine, valued at approximately ₹47 crore in the illicit market, from a female passenger arriving from Colombo at Chhatrapati Shivaji Maharaj International Airport (CSMIA), Mumbai. Acting on specific intelligence, DRI officers intercepted the passenger shortly after her arrival and subjected her baggage to detailed examination. The scrutiny led to the discovery of nine pouches of a white powdery substance cleverly concealed inside coffee packets. Preliminary testing with the NDPS field kit confirmed the substance to be cocaine. In…

New Delhi: The Ministry of Statistics and Programme Implementation (MoSPI) on 31st October 2025 signed a Memorandum of Understanding (MoU) with the Indian Institute of Corporate Affairs (IICA), an autonomous institution under the Ministry of Corporate Affairs, Government of India. It envisions developing a Comprehensive SDG Alignment Framework, integrating National, State, ESG and CSR indicators to achieve the vision of Viksit Bharat. At IICA, the collaboration has been envisaged under the dynamic leadership of Shri Gyaneshwar Kumar Singh, Director General & CEO, IICA, who has been instrumental in steering IICA’s strategic initiatives in the areas of ESG, CSR, and Responsible Business…

New Delhi: WhatsApp has also introduced a new option known as passkey encryption on chat backups, which will simplify and secure the protection of messages, photos, and videos of users. This implies that rather than remember a 12-digit security code or type in a 64-digit key, users can now have the ability to use their fingerprint, face recognition, or lock screen to be able to secure their WhatsApp backups. Previously, WhatsApp already offered the end-to-end encrypted backups option, but it was rather complex. Individuals were forced to come up with a password or a lengthy security key to secure their…

Mumbai: Lenskart, India’s well-known eyewear company, is all set to launch its big IPO (Initial Public Offering). But before the company even hits the stock market, people have already started talking about its high valuation and whether it is really worth that much. The company is said to be planning an IPO worth nearly ₹70,000 crore, which is one of the biggest among Indian startups. However, some investors and market experts feel this number is too high and risky. Recently, a popular investment firm, Persistence Capital, said that they are “proud to have skipped the Lenskart IPO.” They posted this…