A 29-year-old man working as a system admin staff at a private company in Bengaluru was arrested for stealing laptops worth Rs 22 lakh from his firm. The police recovered about 50 laptops from the suspect, Murugesh, who is from Hosur in Tamil Nadu. The company, Telecaller India Pvt Ltd, had lodged a complaint against…
The Ernakulam District Consumer Disputes Redressal Commission has fined a financial firm ₹7 lakh for cheating a consumer by promising high returns on investments. The consumer invested ₹6 lakh in a scheme that offered 12% interest, but later found out the firm operated without approval from the government or the Reserve Bank of India. Despite…
Several depositors in Thiruvananthapuram were allegedly scammed out of crores of rupees by a private finance firm. The firm promised 18% interest on deposits, but failed to deliver on their promises. Cases have been registered against the chairman and other staff members of the firm under various sections of the law. The depositors, who were…
The Kerala Startup Mission (KSUM) has partnered with adesso India Private Limited to mentor and support startups in scaling up their innovative projects. This collaboration aims to provide new opportunities for startups to market their products and services beyond the usual boundaries. The MoU focuses on fostering innovation and enabling startups to grow their ventures….
Ahmedabad-based DNA Wellness Private Limited is investing Rs 200 crore to establish 100 cervical cancer screening labs across India. They have exclusive rights to conduct the DNA Ploidy Test, which can detect cancerous cells up to two years earlier than traditional methods. This test is non-invasive, highly specific, and sensitive. The first lab has been…
Dubai’s property market is booming, with 2024 expected to be another record year in terms of sales and property values. The increasing demand, especially in the luxury sector, is driving up prices not only for homes but for everything in the city. While this is good news for the industry, it also poses challenges, such…
Congress has accused Sebi chairperson Madhabi Puri Buch of a conflict of interest, claiming that her advisory firm provided services to companies regulated by Sebi while she held a senior position at the regulatory agency. The Congress spokesperson also alleged that her husband received large payments from Mahindra and Mahindra Group while she was adjudicating…
The Namakkal District consumer disputes redressal commission ordered an insurance company to pay 80 lakh as compensation to the wife of a policyholder who died of Covid-19. The policyholder had taken a 75 lakh insurance policy with TATA AIG but the company denied the claim citing pre-existing conditions. The commission found the company’s refusal to…
Trinamool Congress MP Jawhar Sircar resigned from his parliamentary post due to dissatisfaction with the West Bengal government’s handling of the Kolkata doctor rape and murder case. In an exclusive interview with News18, Sircar expressed his disagreement with the administration’s decisions in the case and felt it was necessary to leave the party to draw…
Despite growing opposition to the Anakkampoyil-Meppadi tunnel road project following recent landslides, the State government is determined to proceed. Dilip Buildcon Limited and Royal Infra Construct have been awarded contracts for construction. The project, estimated to cost ₹1,643 crore, is expected to be completed in four years and will provide a more convenient link between…