Investigations Financial News

Naresh Balyan was arrested here on Saturday in connection with an extortion case lodged last year, police said. The MLA from Delhi's Uttam Nagar Assembly segment was called to the Delhi Police's Crime Branch office in R K Puram for questioning and was later arrested, they said. The development came hours after the BJP alleged that Balyan was involved in extortion activities and questioned why AAP chief Arvind Kejriwal has not taken action against him. The Aam Aadmi Party defended Balyan, claiming that his arrest was illegal. The MLA had refuted the BJP's allegations and said he would lodge police cases against those who «spread lies» about him.

The police tracked down the accused after an exhaustive investigation, which included the analysis of footage from over 500 CCTV cameras, electronic surveillance, and technical evidence. The victim, a 64-year-old man Rohit Kumar, was brutally murdered at his residence in Panchsheel Park on November 25.

Pete Hegseth, President-elect Donald Trump’s nominee for Secretary of Defense, is under scrutiny following the disclosure of a 2018 email from his mother, Penelope Hegseth, alleging a history of mistreatment toward women. The revelations come as Hegseth prepares for Senate confirmation hearings, which are expected to intensify focus on his character and past conduct. In the email, Penelope Hegseth expressed deep disappointment in her son’s actions, stating, “You are an abuser of women—that is the ugly truth...I have no respect for any man that belittles, lies, cheats, sleeps around, and uses women for his own power and ego. You are that man.” She criticized his treatment of his second wife, Samantha, during their contentious divorce, accusing him of labeling her “unstable” for his advantage. Penelope later apologized for the email, explaining in a phone interview with The New York Times that her comments were made in anger during a difficult period for her son. Defending Pete, she stated, “It is not true. It has never been true. He is a good father, husband.” She also criticized the publication of her email, calling it “disgusting.”

Mumbai Police on Saturday invoked the Maharashtra Control of Organised Crime Act (MCOCA) in the murder of Bab Siddique murder case. Baba Siddique was an NCP leader who was shot dead by three assailants near his son, MLA Zeeshan Siddique's, office in Mumbai's Nirmal Nagar on October 12. So far, the police have arrested 26 accused, while 3 more people are wanted by the authorities.

RAU's IAS Study circle case. Father of a deceased student Nevin Dalvin moved to the High Court earlier seeking direction to change the Investigation officer. His plea was dismissed by the trial court. Justice Dinesh Kumar Sharma passed an order on November 27 on the petition moved by Dalvin Suresh and said, «In order to balance the rights, Director CBI is requested to appoint a senior officer to have regular monitoring of the investigation being conducted by the CBI. I consider that no further directions are required to be passed in the present petition.»

RG Kar Hospital financial irregularities in which it has named former principal of the medical establishment Sandip Ghosh as the prime accused, an official said. The Special CBI court at Alipore here, however, did not accept the chargesheet as the official approval required to file a chargesheet against any state government employee was not available, he said. In the 100-odd page chargesheet, the central probe agency has also named four others who were arrested for alleged involvement in the irregularities, he said. «Apart from Ghosh (who has been suspended), the chargesheet includes the names of the other four arrested accused — Biplab Singh, Afsar Ali, Suman Hazra and Ashish Pandey. The CBI has also attached at least 1,000 pages of documents in support of their investigation of the case,» the officer told PTI.

A South Korean National Assembly member has called for a moratorium on wood pellet imports from Indonesia and an investigation into South Korea’s biomass use after government data and satellite analysis linked the country’s biomass imports to deforesta...

₹1 crore. The elderly victim, a stock market trader, was duped by fraudsters posing as officers from the Central Bureau of Investigation (CBI), who alleged his involvement in a drug trafficking and money laundering racket, reported NDTV.According to the publication, the conmen, part of a gang operating in collaboration with associates in China, initiated the scam through a WhatsApp call.

Yi Peng 3, reported Tom’s Hardware. According to Tom’s Hardware, the ship which was actually traveling from Russia to Egypt and was loaded with fertilizer allegedly dropped its anchor in Swedish waters while severing the BCS East-West Interlink cable and then damaging the C-Lion1 cable between Finland and Germany the following day. The investigators noted that the ship dragged its anchor for over 100 miles while raising suspicions about the captain's awareness of the incident specifically since the ship's transponder was turned off during this time.

Lombard Odier — one of Switzerland's oldest private banks — was indicted by Swiss prosecutors for «aggravated money laundering.»

Central Bureau of Investigation (CBI) filed chargesheet against accused Ranjit Kakoty before the Special CBI Court, Guwahati in another Dibrugarh Investment Scam case. The case involves fraud amounting to Rs 260 crore and affecting approximately 1.5 lakh investors. The CBI successfully completed its probe against accused Ranjit Kakoty within 90 days of his arrest, culminating in the filing of this chargesheet. During the investigation, CBI employed advanced forensic tools to identify the majority of the investors who were victims of the fraudulent scheme perpetrated by the accused through the online platform www.tradingfx.live. The accused, Ranjit Kakoty, and his co-conspirators deceived investors through misleading plan documents, false promises, and other fraudulent practices, subsequently misappropriating their hard-earned money for personal enrichment.

According to reports, the documentary will air on December 3 at 8.15 pm and will shed light into Harry and Meghan’s life in Montecito and their quest for relevance after they stepped down from the royal family back in 2020.

Fallon Guliwala (40), the wife of actor-turned-politician Ajaz Khan, over a month after his staff member was apprehended for ordering 100 grams of mephedrone (MDMA) through a courier. Guliwala, a foreign national, was detained following a raid by the agency at her home in Jogeshwari on Wednesday, where various drugs were seized. Her name surfaced in the ongoing drug smuggling investigation, which began on October 8 when the agency arrested Ajaz’s peon, Suraj Gaud. The drugs, meant for delivery to Ajaz's office at B-207, Oberoi Chambers, Veera Desai Industrial Estate in Andheri, were linked to the case. Gaud was charged under the Narcotic Drugs and Psychotropic Substances (NDPS) Act and, during questioning, claimed that although the parcel was addressed to him, it was regularly ordered by Ajaz’s nephew, Farhan. Officials then raided Ajaz Khan's residence in Jogeshwari on Wednesday and Thursday, where the house was registered in the name of Fallon Guliwala. During her interrogation, Guliwala confirmed that Farhan was Ajaz's nephew and the owner of Ek Number Production house. A search of her flat led to the discovery of drugs, including 136 grams of charas, 33 grams of MDMA in empty pouches, 28 grams of MDMA tablets, and other narcotics, as well as cash amounting to Rs 11 lakh. She was subsequently arrested.

Canada’s antitrust watchdog is suing Google over alleged anticompetitive conduct in the tech giant’s online advertising business and wants the company to sell off two of its services and pay a penalty

One of Denmark’s largest cellphone networks has suffered severe outages that prevented people from contacting emergency services and forced at least one hospital to reduce non-critical medical care

Competition Commission of India (CCI) on Thursday ordered a probe against Google for an alleged breach of antitrust rules following a complaint by online gaming company Winzo. In an order, the regulator has asked its director general to wrap up the investigation and submit a consolidated report within 60 days. “On a holistic consideration of the facts and circumstances of the present case, the Commission is of the prima facie view that Google appears to be in violation of Sections 4(2)(a)(i), 4(2)(b), and 4(2)© of the (Competition) Act, as detailed in this order, which warrants detailed investigation,” the CCI said in the order.

Sun Pharmaceutical Industries Ltd on Thursday said the Ministry of Corporate Affairs has levied penalties on certain past and present directors and officials, including CMD Dilip Shanghvi, for non-disclosure and not obtaining approval of its board and shareholders for certain related party transactions. The company has received an order from the Regional Director, North Western Region, Ministry of Corporate Affairs, for alleged violations of certain provisions of the Companies Act, 2013, Sun Pharmaceutical Industries said in a regulatory filing. «A total combined compounding fee is levied on certain past and present directors/officers of the company — Dilip Shanghvi (Rs 9.5 lakh), Sudhir Valia (Rs 9 lakh); Sailesh Desai (Rs 9 lakh); K Subramanian (Rs 1.5 lakh); Uday Baldota (Rs 6 lakh) and C Muralidharan (Rs 1.5 lakh),» the filing said. This matter pertains to the earlier investigation carried out by SEBI, in which a settlement was reached with the markets regulator in February 2021 without admission or denial of guilt; however, on the same matter, the Ministry of Corporate Affairs also initiated an investigation in parallel in 2019, it added.

sugar industry. NFCSF President Harshvardhan Patil warned that the «misinformation» could potentially disrupt sugar sales, particularly among major buyers like Coca-Cola and Pepsi, who might be pressured to avoid purchasing sugar from Maharashtra and Gujarat. «The media report is far from ground realities,» Patil told reporters, emphasising that the federation has already reached out to the US Consulate, Union Home Ministry, and Prime Minister's Office. An investigation is currently underway. Explaining the unique harvesting practices, Patil highlighted the difference between southern and northern states. In Maharashtra and Gujarat, manual harvesting remains prevalent, with skilled workers supplied by middlemen called 'mokadam' who are responsible for recruiting and transporting labourers.

Miao joins a host of high-ranking figures, including two former defence ministers, to fall foul of a sweeping crackdown in the country's military in just over a year. Analysts say corruption may have eroded Chinese combat readiness — raising fears in Beijing as it conducts its largest military build-up in decades.

India’s opposition has disrupted Parliament for a third day, protesting the government’s silence over allegations against billionaire Gautam Adani, who was recently indicted in the U.S. for alleged fraud and a scheme to pay bribes