Swiggy Faces Embezzlement Scandal Amid IPO Plans Swiggy, a leading online food delivery service in India, has recently revealed a significant embezzlement case involving one of its former junior employees. According to the company’s annual report for the financial year 2024, the employee is accused of committing fraud totaling approximately Rs 33 crore over several ...
Supreme Court Issues Notice to Chanda Kochhar and Deepak Kochhar The ongoing legal saga involving Chanda Kochhar, the former Managing Director and CEO of ICICI Bank, and her husband, Deepak Kochhar, has taken a new turn. The Supreme Court of India has issued a notice to the Kochhar couple following a petition by the Central ...
The Allegations Against SEBI Chairperson Madhabi Buch The political landscape in India was shaken recently when the Congress party raised new conflict of interest allegations against Madhabi Buch, the chairperson of the Securities and Exchange Board of India (SEBI). On September 6, Congress leader Pawan Khera accused Buch of receiving rental income from a firm ...
Direct Flights from Uzbekistan to Goa: A New Gateway for Tourism In an exciting development for travel enthusiasts, Uzbekistan Airways has announced the launch of a direct flight route connecting Tashkent to the beautiful coastal paradise of Goa. Set to commence on October 27, 2024, this weekly service will operate two days a week, significantly ...
Byju’s Faces Auditor Resignation Amidst Financial Crisis The Edtech giant Byju’s is currently grappling with a significant crisis as its auditor, BDO (specifically MSKA & Associates), has resigned from its role. BDO was initially appointed to audit Byju’s and Aakash Educational Services for five years, starting June 2023. This resignation follows the previous departure of ...
Payment Companies Face GST Demand Notices Over Transaction Fees In recent developments, several prominent payment companies, including BillDesk and CCAvenue, have received Goods and Services Tax (GST) demand notices from authorities. These notices pertain to the fees charged by these companies from merchants for digital transactions that are less than Rs 2,000. As reported by ...
A Joyous Arrival in Bollywood: Deepika Padukone and Ranveer Singh Welcome Their Baby Girl On the auspicious occasion of the Ganpati festival, Bollywood’s beloved power couple, Deepika Padukone and Ranveer Singh, has welcomed a new member into their family. Reports indicate that Deepika gave birth to a baby girl on September 8. Although there hasn’t ...
Jammu and Kashmir Elections 2024: BJP Reveals Sixth List of Candidates The Bharatiya Janata Party (BJP) has announced its sixth list of candidates for the upcoming Jammu and Kashmir elections, which are set to take place in three phases on September 18, September 25, and October 1, 2024. The results of the elections will be ...
A bizarre corruption case has emerged from Jaunpur, Uttar Pradesh, that has captured public attention. A private employee working at the Shahganj tehsil has written an eye-catching letter to the district officer, demanding a larger share of the bribe money collected in the office. This unexpected revelation has sparked widespread discussions on social media, causing ...
Adani Group Expands Global Presence with New Subsidiaries The Adani Group, a multi-faceted conglomerate based in India, is intensifying its global operations by establishing a new subsidiary in China, named Adani Energy Resources (Shanghai) Company (AERCL). This strategic move, announced on September 8, 2024, comes as a significant step in the group’s ongoing efforts to ...
Upcoming Federal Reserve Meeting: A Critical Juncture for U.S. Economy The Federal Reserve (Fed), the central banking system of the United States, is set to convene for a significant monetary policy meeting on September 17-18, 2023. With current economic indicators suggesting a slowdown in growth and low inflation, economists and investors alike are keenly anticipating ...
