Sateesh Seth and Gautam Doshi were arrested on June 12 under the provisions of the Prevention of Money Laundering Act (PMLA), 2002.
His remarks came days after he stepped down from the Bajaj Finserv board to reduce external commitments and take on additional responsibilities in the automobile business and the recent acquisition of KTM.
At the listing of four new companies post the demerger, he outlined the huge opportunity in India, plus how the entities must go beyond him
Nike India has leased 1.25 lakh sq ft across two office deals at Bagmane Tech Park in Bengaluru. The five-year agreements, with rent escalation clauses and 143 parking slots, come against the backdrop of Bagmane Prime Office REIT’s recent IPO.
For every ₹100 spent by Indian airlines in 2023-24, ₹39.4 went towards aircraft fuel and oil, making it by far the largest expenditure item in the sector
'Only time will tell whether we, the human race, have arrived in the fairy tale world we grew up in as children, or are in a mega bubble,' says Uday Kotak
Most people don't even know TIDCO exists. Yet it quietly sits on one of the most jaw-dropping investment returns any institution has ever made in India.
Sharma emphasised the scale of that contribution, saying the Trusts spent approximately ₹1,600 crore on philanthropic initiatives during FY 2025-26 and expects that figure to rise to around ₹2,000 crore in the current financial year.
An RTI reply shows SBI customers lost over ₹6,313.4 crore in more than 30,700 fraud cases between April 2023 and March 2026. The figures show UPI and internet banking were the main channels, while higher-value scams are rising despite fewer cases.
Tamil Nadu's pollution board has accused Tata Electronics of contaminating farm wells near its Hosur iPhone parts plant. The notice raises the prospect of a shutdown as Tata insists it met all regulatory norms.
Bharat petroleum looks to diversify its operations with continued focus on hydrocarbons and new energy applications.
Air India Group as part of its network downsizing has cut 14.6 lakh seats in June this year with connectivity to all metros but Delhi hit the most.
According to the Bloomberg Billionaires Index, Musk's net worth surged to an unprecedented $1.11 trillion following the blockbuster stock market debut of SpaceX, whose shares rose 19% on their first day of trading.
ONGC has committed approximately Rs 2 lakh crore by 2038 across a structured set of decarbonisation levers.
The Enforcement Directorate arrested former Reliance Telecom executives Gautam Doshi and Satish Seth in its money laundering probe. The move deepens scrutiny of Anil Ambani-linked group entities and follows earlier action against Amitabh Jhunjhunwala.
The astonishing gap between Elon Musk's wealth and India's richest billionaires highlights the unprecedented scale of value created by global technology companies. Following SpaceX's blockbuster Nasdaq debut, Musk's estimated $1.1 trillion fortune is now worth nearly eight Gautam Adanis and more than ten Mukesh Ambanis.
The controversy over the 1989 transfer of Tata Sons shares has intensified, with Tata Trusts vice chairman Vijay Singh seeking an independent inquiry by the Maharashtra Charity Commissioner. The move follows fresh complaints and concerns over the legality of the transaction and potential conflicts of interest.
As global companies diversify supply chains beyond China, India is emerging as one of the biggest beneficiaries of the China+1 strategy. Backed by free trade agreements, manufacturing incentives and its scale advantage, the country has a rare opportunity to accelerate exports and strengthen its position in global value chains.
The successful IPO has also propelled Musk's personal fortune to unprecedented levels. Based on his combined holdings in SpaceX and Tesla, analysts estimate his net worth has crossed the $1 trillion mark, making him the world's first known trillionaire.
At over $1.1 trillion, Musk’s personal wealth is equivalent to nearly one-fourth of India’s annual Gross Domestic Product (GDP), which stands at around $4.15 trillion.
SpaceX priced its IPO at $135 per share, raising around $75 billion and valuing the aerospace and satellite giant at approximately $1.77 trillion. Investor enthusiasm pushed the stock sharply higher in early trading, with some estimates indicating the company’s market capitalisation could quickly exceed the $2 trillion mark.




