Investigations Financial News

13.01 / 00:29
Southern Food reports Investigations Walmart says customers should discard recalled chicken broth
Walmart says customers should throw out a chicken broth product that was sold at stores in mostly Southern states late last year
12.01 / 19:09
markets Digital Strategy country information Department Investigations I-T dept to tap Interpol in pursuit of tax dodgers and their secret assets
Income Tax (I-T) department has set the ground to tap Interpol for information on the current whereabouts, identity, and hidden assets of tax dodgers. A standard operating procedure has been circulated for initiating requests to Interpol, the world's largest international police organisation with 194 member countries, sources told ET. While tax evasion is a criminal offence and may attract penalty and even imprisonment, the I-T department does not seek the help of Interpol in going after tax fraud offenders. However, learning from past experiences, the tax office believes that accessing the latest information on such fugitives-their locations, front entities, and details of newly acquired assets-would help to freeze bank accounts and other assets faster.
12.01 / 09:47
markets Cooper Experts country information gatherings Investigations Silver Notice 'more effective' than Mutual Legal Assistance Treaties for info on offshore illicit wealth: CBI Director
Interpol 'Silver Notice' a «more effective» tool than the Mutual Legal Assistance Treaties (MLATs) for gathering information on illicit assets parked offshore, CBI Director Praveen Sood has said it was Prime Minister Narendra Modi's idea, which has now been realised. In an exclusive interaction with PTI, he said Prime Minister Modi had proposed in 2015 a system under the Interpol to trace money laundered offshore, and it has now taken shape as the Silver Notice. The Notice, aimed at locating illicit assets laundered across borders, is the newest addition to the Interpol's suite of eight colour-coded Notices and Diffusions, which enable countries to share alerts and requests for information worldwide. Conventionally, the information on illicit assets is gathered through MLATs which are treaties between two countries whereby they cooperate to provide and obtain formal assistance in the prevention, suppression, investigation, and prosecution of crime.
11.01 / 17:23
Booking WhatsApp Investigations Sarpanch murder case: All 8 accused booked under MCOCA
Santosh Deshmukh under Maharashtra Control of Organised Crime Act (MCOCA). MCOCA is a stringent act meant to crack down on organised criminal gangs that gives wide ranging powers to the investigating agencies to investigate and keep behind bars for a longer duration people booked under MCOCA. Deshmukh on December 9, was allegedly killed for opposing an extortion bid on a wind turbine company in Beed.
11.01 / 11:49
UPS country travelers Courts Investigations International 3 Bangladeshis arrested in Bengal's Bongaon for illegally entering India
They were picked up by the police from Bongaon-Bagda Road in Bongaon town, located close to the international border, after they were spotted moving around suspiciously on Friday, the official said. They were produced before a court, which sent them to four days' police custody on Saturday, he said.
11.01 / 11:49
markets Strategy Actor country travelers Courts Investigations Court relaxes Allu Arjun's bail conditions, grants permission to travel abroad
Allu Arjun, a court here has relaxed the conditions of his bail in the 'Pushpa 2' stampede case, exempting him from appearing before the investigating officer every Sunday. The court also permitted him to travel abroad to specified countries, with the condition that he must undertake to appear before the SHO of the Chikkadpally police station as and when required. He has been directed to inform the SHO of his travel schedule for each trip and provide details of his place of stay in the destination country until the charge sheet is filed. The remaining bail conditions remain unchanged, the court noted in its order dated January 10.
11.01 / 09:13
markets Digital Strategy Experts PAM information Investigations "Took loan to pay fraudsters...": Bengaluru woman loses over Rs 1.2 crore in digital arrest scam
digital arrest scam and lost more than Rs 1.2 crore between December 21 and January 3. In a desperate attempt to pay the fraudsters, she even took out a loan of Rs 40 lakh after they drained her savings. According to a TOI report, Keerthana (name changed), from east Bengaluru, lodged a complaint with the East CEN Crime police, revealing that the scam began on December 11 when she received an IVR call from a number (+971 71518333) claiming to be from the courier service ‘DHL’. Following the instructions, she spoke to someone pretending to be a courier executive, who told her that a parcel sent in her name contained six fake passports, ATM cards, and illegal drugs like MDMA. Keerthana explained that she hadn't ordered any such parcel. She was then told that she needed to go to Mumbai to clear the matter with the police. When she expressed that she couldn't immediately travel, the fraudster connected her to someone posing as «Sunil Dutt Dubey», a police officer from Mumbai's crime team.
11.01 / 07:13
markets UPS Aviat Analysis Boxing Investigations South Korea says Jeju Air jet black boxes stopped recording before crash
Jeju Air flight that left 179 people dead stopped recording four minutes before the disaster, South Korea's transport ministry said Saturday. The Boeing 737-800 was flying from Thailand to Muan, South Korea, on December 29 carrying 181 passengers and crew when it belly-landed at the Muan airport and exploded in a fireball after slamming into a concrete barrier. It was the worst-ever aviation disaster on South Korean soil.
11.01 / 04:49
Death students Universities War Investigations peace Lal Bahadur Shastri Death Anniversary: 10 facts about the former prime minister of India
Lal Bahadur Shastri, India's second Prime Minister, died in Tashkent, Uzbekistan, on January 11, 1966 after he signed the Tashkent Declaration, ending the 1965 India-Pakistan War. The official cause of death was a heart attack. However, the circumstances surrounding his death remain a mystery, with persistent rumors of poisoning.
11.01 / 04:49
markets Digital Strategy PAM social information Investigations CCPA seeks additional documents from Ola Electric for ongoing investigation
Ola Electric for additional documents as part of its ongoing investigation into the electric two-wheeler manufacturer. “In continuation of the earlier letter received from the Central Consumer Protection Authority dated December 04, 2024, by Ola Electric Mobility Limited (the Company) we would like to inform you that the Company has received further request for information via email dated January 10, 2025,” Ola Electric said in an exchange filing on Friday. This comes days after the Karnataka High Court granting the Bhavish Aggarwal-led firm a six-week extension to submit its response to the CCPA. The CCPA first issued the show-cause notice to Ola Electric on October 8, 2024 over alleged consumer rights violations, misleading advertisements, and unfair trade practices.
10.01 / 17:29
markets security Strategy Parke President PAM Investigations South Korea crisis: Amid probe, Yoon's security chief quits
Yoon Suk Yeol's security chief resigned Friday, a week after leading a team that blocked an attempt to arrest the impeached president over his short-lived imposition of martial law. Park Chong-jun offered to resign earlier in the day as he appeared for police questioning over alleged obstruction of duties last week. His offer was accepted by Acting President Choi Sang-mok. The resignation comes as the Corruption Investigation Office for High-ranking Officials, which is leading the probe into Yoon for alleged insurrection, is mulling their next move to take Yoon in custody. Vice chief of the Presidential Security Service team will serve as an acting leader, a PSS official said. It's not immediately clear if the vice chief will cooperate with the probe team's warrant execution. The vice chief has also defied multiple police summons to appear for questioning and has received a third summons to appear before investigators on Saturday, according to Yonhap News.
10.01 / 08:35
markets UPS security reports Investigations International Nakdu Yadav’s 35-year con: How a notorious gangster became a trusted Home Guard in UP
Nakdu Yadav, a wanted criminal with a long history of violent crimes, managed to outwit law enforcement for more than three decades. By assuming the identity of "Nandlal Yadav," he infiltrated the UP Home Guards, working under the very system that once sought to apprehend him. His ruse remained intact until an unexpected betrayal by his own family led to the revelation of his past and his subsequent arrest, as reported by TOI.
09.01 / 18:15
markets Digital Strategy Trade PAM Investigations China finishes EU probe report, hints at 'retaliatory measures'
China said the European Union's measures to shield its companies from foreign subsidies are a barrier to trade and investment, marking the latest clash in the ongoing trade dispute between the two sides.
09.01 / 16:57
Food wellness Loblaw reports guidelines Investigations International Loblaw apologizes after underweighted meat sold in Western Canada stores
Loblaw is apologizing after the grocer confirmed some meat products sold in stores across Western Canada were underweighted compared with what was posted on the label, leading to some customers being overcharged.
09.01 / 14:39
markets Digital Strategy Experts PAM Courts Investigations Sufficient evidence to put AAP leader Satyendar Jain on trial: ED to Delhi court
enforcement directorate on Thursday said there was enough evidence to put former AAP minister Satyendar Jain on trial and sought a Delhi court to frame charges against him in a money laundering case. Special judge Jitendra Singh heard ED's submissions on framing of charge in the case.
09.01 / 09:33
markets Strategy Justice PAM reports Courts Investigations Orissa High Court orders detailed status report in complaint filed by Nestaway cofounder against Tiger Global, Chiratae, Goldman Sachs
Orissa High Court on Thursday asked the investigating officer in the criminal complaint filed against Tiger Global, Chiratae Ventures, Goldman Sachs and others by Nestaway cofounder Amarendra Sahu – alleging fraud, forgery of documents, cheating and criminal intimidation – to analyse the documentary evidence submitted by the investors and file a detailed status report.

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