Police launch search for Guntur NRI family involved in job, visa fraud
โThe couple has been absconding for the last few months and search has been launched for them,โ said ACP N.V.S.K. Durga Rao, who is investigating the case
๐ฎ๐ณ ์ธ๋ ยท "INVOLVED" ยท ์ด 47๊ฑด
ํํฐ ๋ณด๊ธฐํ์ฌ ์ง์
50.0
0 = ๋ถ์ ์ฐ์ธ
50 = ์ค๋ฆฝ
100 = ๊ธ์ ์ฐ์ธ
์ต๊ทผ 7์ผ ๊ธฐ์ค 5,488๊ฑด์ ๋ถ์ํ ๊ฒฐ๊ณผ, ๋ด์ค ์ฌ๋ฆฌ์ง์๋ 50.0(๊ท ํ)์ ๋๋ค. ๊ธ์ 0๊ฑด(0.0%)ยท์ค๋ฆฝ 5,488๊ฑด(100.0%)ยท๋ถ์ 0๊ฑด(0.0%)์ด๋ฉฐ, ์ค๋ฆฝ ๋น์ค์ด ๋๋ ทํ๊ฒ ๋์ต๋๋ค. ์ฑํฅ ์ง์๋ ์ข ํฉ 0.0(์ค๋ ๊ท ํ)์ ๋๋ค.
โThe couple has been absconding for the last few months and search has been launched for them,โ said ACP N.V.S.K. Durga Rao, who is investigating the case
The arrested red rebel was accused of being involved in the incidents of arson near Kathpuliya in the Chandwa Police Station area in 2022 and at the Lapra bridge in 2023
The drill included an operation that involved rotors slicing through the mountainous valley.
GQG Partners has pared its holdings in two Adani Group companies through block deals worth about Rs 5,750 crore, with SBI Mutual Fund emerging as the buyer of the entire stake on Friday. According to NSE block deal data, GQG Partners Emerging Markets Equity Fund sold shares in Adani Enterprises and Adani Energy Solutions.The larger transaction involved 1.64 crore shares of Adani Enterprises sold at Rs 2,913.4 apiece, translating into a deal value of about Rs 4,789 crore. In a separate transaction, GQG sold 63.66 lakh shares of Adani Energy Solutions at Rs 1,504.8 per share, amounting to around Rs 958 crore.Together, the two transactions were valued at about Rs 5,747 crore. The shares were acquired by SBI Mutual Fund at the same prices through corresponding block deals.The stake sale comes after a strong run in Adani Group stocks over the past year, during which several group companies recovered sharply from the volatility that followed allegations made by US-based short seller Hindenburg Research in 2023.GQG had emerged as one of the earliest large institutional investors to back the Adani Group following that episode. Beginning in 2023, the fund manager invested billions of dollars across multiple Adani companies, helping restore investor confidence at a time when foreign institutional participation in the group had weakened.Since then, Adani companies have focused on deleveraging, strengthening cash flows and improving operational performance. Several group entities have reported healthy earnings growth, while execution across infrastructure, energy and transport businesses has remained strong.The latest transaction will be viewed by market participants largely as a portfolio rebalancing exercise rather than a change in the fund's broader investment thesis on the group.Adani Enterprises, the flagship incubator of the conglomerate, houses businesses spanning airports, roads, green hydrogen, data centres and mining services. Adani Energy Solutions is one of India's largest private-sector transmission companies and is expanding its presence in smart metering and distribution infrastructure.Shares of both Adani Enterprises and Adani Energy Solutions are likely to remain in focus as investors assess the implications of the stake sale and changes in institutional ownership.
Nearly 3.8 million malicious packets were involved in the attack as the portal blocked over 100,000 unauthorised access attempts
Former Australia captain Michael Clarke was involved in a serious road accident in India shortly after the IPL 2026 final. His vehicle crashed into a semi-trailer, leaving him with bruises and the car written off. Clarke expressed gratitude for the support from locals and the BCCI following the frightening incident.
Mumbai: It is India's fourth biggest company by revenue, but the managing director of precious metals trader Rajesh Exports (REL) apparently doesn't know how and from where it gets the biggest chunk of the revenue, show the findings of a regulatory investigation.In its investigation report, the Securities and Exchange Board of India observed allegedly unscrupulous activities by REL's promoters, such as accounting irregularities and siphoning off of company funds into personal accounts, and also pointed out lapses by its auditors. The regulator said the company and its auditors were non-cooperative."The acts of REL constitute a deliberate device, scheme and artifice to mislead and defraud investors dealing in the shares of REL by portraying an inflated and misleading picture of its operational scale, revenue and financial health," Sebi observed in its report.The company, eponymously named after its chairman Rajesh Mehta, is accused of committing an elaborate financial fraud that includes dressing-up of revenues of โน15.15 lakh crore over the years, personal gold trades covered up as corporate sales and phoney gold mine investments of โน1,035 crore, according to the interim report.REL denied the charges of misdeeds. In a press release Thursday, the company said the revenues stated in its financials were correct and that the confusion arose because of a mix-up between Ebitda and revenue numbers at Swiss refiner Valcambi SA, an indirect subsidiary.Sebi has not made any adverse observation with regard to earnings, the company said, claiming that the regulator has only observed suspicion with regard to revenues which was primarily because of confusion over the Valcambi numbers.Numbers don't add upIn fiscal 2025, REL reported consolidated revenue of โน4.23 lakh crore against a profit after tax of just โน95 crore, translating into a net margin of barely 0.02%. The year before, on โน2.8 lakh crore revenue, profit was โน336 crore.Experts who have studied the Sebi report and the company's annual reports say the numbers did not add up. The business appeared to be operating at margins that were not merely thin but structurally negligible, they said."It looks like a case of pass-through accounting. There is no value creation. It was 'flow of gold' being booked as revenue," said a leading auditor on the condition of anonymity.Sebi, which began the investigations in March 2024 following a shareholder complaint about suspected accounting malpractices, said it found that about 97-99% of REL's consolidated revenues were attributed to its overseas subsidiaries, principally Valcambi. But Valcambi's own accounts, audited by KPMG SA, recorded only processing fees that were about โน3,027 crore across five years.Valcambi refined gold on behalf of clients and never took ownership of the precious metal or recognised the value of gold as revenue in its books. Yet, Global Gold Refineries AG (GGR), the parent of Valcambi that had no independent operating business, recorded gross revenues running into hundreds of crores by including the gross value of gold that actually belonged to others, according to the Sebi report.Rajesh Exports, which owns GGR through a Singapore subsidiary, used those unaudited figures in its financial statements, significantly bumping up the company's revenue, it said.In its press release, REL said: "The core observation in the order is with regard to the misreporting of the revenues. This has emerged primarily due to confusion because Sebi has considered the Ebitda of Valcambi instead of revenue hence it has stated that there is a difference of about 97% in the revenue.""There is no reason for any listed entity to inflate revenue and maintain the earnings, this will only reduce the margins of the company, which would be adverse to the company," it said.Senior management in the darkThe senior management of REL told regulators that most of them were in the dark about the company's overseas operations and only the promoter, Rajesh Mehta, dealt with those activities."Valcambi SA does not have any gold mine on its own," managing director Suresh Gowda was quoted in the Sebi order as saying. "It refines the raw gold purchased by it from various entities, whose names I do not recollect, as these things are exclusively handled by Rajesh Mehta, chairman of REL. I have never interacted nor involved with any subsidiary/step-down subsidiary of REL, as these were exclusively taken care of by Rajesh Mehta," he told the investigators, as per the order.According to the report, REL booked โน11,487 crore in sales between 2021-22 and 2023-24 to Affluence Shares and Stocks, a broker that made up to 66% of the company's standalone revenue for that period. But Affluence, in formal depositions to the regulator, said it had not done any business with REL.Following the transaction trail, the investigators found out that the transactions were personal gold derivative trades executed by promoter Mehta using his own brokerage account and then recorded in the company's books as corporate sales, the order said.The investigators also found that Mehta used corporate funds. As per the Sebi observations, bank records show REL transferred โน338.90 crore directly into Mehta's personal accounts between April 2020 and September 2025.Unlike in the case of Nirav Modi or Gitanjali Gems, who are accused of bank fraud, Rajesh Exports doesn't appear to have borrowed big from banks or through sale of bonds, according to regulatory filings.The company's market cap was just over โน3,000 crore, as per Thursday's closing share price. LIC (10.8%) and Bridge India Fund (8.46%) are its major institutional shareholders."It is striking that, even at a peak market capitalisation of โน25,000 crore, the company did not hold any analyst calls, a basic expectation for a listed company of that scale," said Shriram Subramanian, founder and managing director of InGovern Research Services, a corporate governance advisory firm.The regulator in 2024 hired BDO India Services to investigate. But the forensic audit faced problems at almost every stage of the investigation. It was denied access to ERP systems and was not provided a complete journal dump, preventing independent verification of transactions recorded in the books, according to the regulatory report.And the company declined to share subsidiary-level records with the investigator, citing Swiss data protection laws, limiting auditors largely to reviewing financial statements prepared by the management itself rather than underlying evidence, it said.What's also come under the scanner was the conduct of statutory auditors for the last few years: CA PV Ramana Reddy, the proprietor at PV Ramana Reddy & Co, and CA PL Venkatadri, partner at BSD & Co.The company's FY24 and FY25 annual reports, filed with the stock exchanges, carry an unqualified opinion from BSD & Co, which concluded that the financial statements presented a "true and fair view" in line with Indian Accounting Standards.The company's FY24 Directors' Report noted that the statutory and secretarial auditors had made no qualifications, reservations or adverse remarks.The Sebi report said for over five months, the auditors sat on the regulator's request for missing documents and statements.Emails sent to both audit firms did not elicit any response.REL closed 5% lower at โน103.92 Thursday on the NSE. The shares are down from their peak of โน1,028.40 on February 6, 2023.
A fan who ran onto the court and attempted to take a selfie with Victor Wembanyama during Game 1 of the NBA Finals has been arrested and banned for life from all NBA arenas. The NBA also issued a lifetime ban to a second person involved. The incident briefly delayed play before the New York Knicks secured a 105-95 win.
The Reserve Bank of India (RBI) has compounded certain violations of the Foreign Exchange Management Act (FEMA) by Myntra Designs Private Limited, paving the way for the closure of an Enforcement Directorate (ED) investigation into the matter.In a statement issued on Thursday, the ED said the RBI passed a compounding order on April 20, 2026 under Section 15 of FEMA after receiving a "No Objection" from the agency. The order resulted in the termination of the investigation against the company for the alleged contraventions.The case stemmed from an ED probe initiated in July 2025 on the basis of what the agency described as credible information regarding possible FEMA violations by Myntra, linked companies and directors for FDI "contravention" of over Rs 1,654 crore.According to the ED, the violations related to delays in submitting Annual Performance Reports (APRs) for overseas investments and undertaking overseas direct investment commitments before complying with reporting requirements.The RBI compounded two contraventions. The first involved a delay in submitting APRs under the Foreign Exchange Management (Transfer or Issue of Any Foreign Security) Regulations, 2004, covering transactions worth Rs 42.85 crore. The second related to undertaking financial commitments through overseas direct investment despite pending APR submissions, involving Rs 3.03 crore.The company subsequently approached the RBI seeking compounding of the violations under Section 15 of FEMA."On reference from RBI, the ED issued no objection for such compounding in line with the true spirit of the Act," the agency said.Following the ED's no-objection, the RBI compounded the violations through its order dated April 20, 2026, on payment of a one-time amount of Rs 2.88 lakh.
A 150-member team is involved in search operations
In a statement posted on X (formerly Twitter), IndiGo expressed gratitude to the government and key ministries involved in the decision.
New Delhi [India]: In a major boost to strengthen the long-range air defence capabilities of the country, the fourth squadron of the S-400 Sudarshan air defence systems reached India from Russia a few days ago.The S-400 Sudarshan long-range air defence system from Russia reached India on a ship and will be deployed in the operational area very soon, defence sources told ANI.The S-400 air defence system is part of a 2018 contract under which India was to acquire five S-400 squadrons from Russia, three of which arrived two years ago and the remaining two were delayed due to the ongoing Russia-Ukraine war.Also Read: India set for $2-billion drone order in biggest buy, industry body saysThe Sudarshan played a huge role in thwarting the Pakistan Air Force's capabilities during Operation Sindoor, where it secured the longest recorded surface-to-air kill by bringing down a high-value Pakistan Air Force surveillance aircraft flying at over 300 km.The fifth squadron of the S-400 air defence mission system is expected to reach India in the next few months.The Defence Acquisition Council (DAC) has already cleared the acquisition of five more squadrons of the S-400s.India is also working on an indigenous programme, codenamed Project Kusha, to develop its own air defence systems capable of shooting down enemy drones at similar ranges as the Russian system.Also Read: Tata chairman reviews defence manufacturing push at Bengaluru facilitiesIndian defence major Solar Industries has been involved in the project as a development cum production partner.
Tamil Nadu native suspected to be involved in two murders in Kollam district
The delegation led by CPI(M) general secretary M.A. Baby met workers involved in the Noida protests, many of whom have been dismissed from their jobs
G Parameshwara, who is set to be sworn in as deputy CM, dismissed claims of being overlooked for chief minister position. Parameshwara also extended his congratulations to DK Shivakumar and Siddaramaiah, noting that both leaders were actively involved in the decision-making process.
Initial reports suggested that firing had taken place. However, it was later clarified that no shots were fired and that the incident involved vandalism and damage to property.
Heads are likely to roll in the CBSE as the Ministry of Education intensifies its scrutiny of alleged irregularities within the board.
The Supreme Court has ordered the Tamil Nadu government to prepare a time-bound action plan within a month to evict thousands of encroachers from the Agasthyamalai biodiversity hotspot. The court also mandated disciplinary and legal action against 118 identified government servants involved in forest land encroachment, warning of administrative accountability for non-compliance.