Scam News

14 out of the top 30 companies which purchased electoral bonds have faced action by central or state probe agencies in the past as per data shared by SBI and published by EC on its website. Which are these companies? Watch this video to find out.

The Election Commission of India (ECI) has finally disclosed the long-awaited information on electoral bonds provided by (SBI) State Bank of India following the Supreme Court's order. Watch this video to find out which parties are the biggest beneficiaries, biggest donors, and more.

During his latest monetary policy address, RBI governor Shaktikanta Das said that the regulator wants banks and fintechs to come up with authentication mechanisms other than SMS-linked OTPs. This in view of the rising number of cyber scams and OTP-linked frauds. But what are some of the other ways in which authentication can be done? Watch

Beware of scams in India even on dating websites. A software engineer has lost ₹1 crore in Bitcoin to a con artist.

Quick Commerce in India: The Hype, the Challenges, and the Future In recent years, there has been a lot of buzz and investment in the quick delivery app space in India. Swiggy Instamart, Blinkit, and Dunzo have all raised billions of dollars in venture capital and have promised to deliver groceries and other goods to customers in minutes. However, the reality is not as rosy as it seems. Several of these on-demand delivery apps are having difficulty remaining profitable and sustainable. Some businesses have already closed or reduced their operations. In this video we take a look at: Why Dunzo’s DOWNFALL Should Worry You! Reliance is Killing Dunzo? Dunzo: Will cash-strapped company see better days? | Business Case Study Swiggy Instamart, Blinkit, Reliance Jio, Dunzo Daily, 10 Minute Grocery Delivery is Scam? How 10-Minutes Delivery Startup Works? | Can Quick-Commerce Startups Become Profitable? The Future of Quick Commerce in India: Despite the challenges, the quick commerce market in India is still in its infancy. Some companies may be able to overcome these obstacles and succeed.

After a critical report by Hindenburg Research, Adani group promoters have raised ₹39,400 crore by diluting stakes in their companies. This move has generated liquidity that could be used for growth spending or to repay debts. GQG Partners, led by respected investor Rajiv Jain, has invested heavily in Adani group companies, providing a vote of confidence. The group's strategic moves could include investments in the renewables sector. Despite the setback caused by the report, the group's companies have seen a recovery in their stock prices. An investigation cleared the group of wrongdoing, potentially attracting more foreign investors in the future.

The lure of easy money is impossible to resist for most. It's true at least for the 2 lakh people spread across India who lost 1000 crores in a cryptocurrency Ponzi scheme. The scam came to light when Odisha police nabbed the prime accused Gurtej Sigh Sidu, from Sri Ganganagar, Rajasthan.

Recently, the Hyderabad Police unearthed a fraud that involved 15,000 people and reportedly cheated them of ₹700 crore in less than a year. Hyderabad Police Commissioner CV Anand a few days ago explained the modus operandi of the scamsters. But had police failed to secure a phone with crucial data the evidence for the scam would have been hard to come by. Watch the full story to find out how a phone on flight mode helped police unearth the massive scam.

In this episode of Mint Explains, witness the captivating journey of Byju's - India's ed-tech giant that promised to revolutionize learning. From humble beginnings to global recognition, join us as we explore the factors that led to their meteoric rise and the devastating downfall. With endorsements from superstars and a sky-high valuation, Byju's seemed unstoppable, but allegations of financial mismanagement and aggressive marketing took their toll. Now, as they plan to launch an IPO, can Byju's redeem itself and regain investor trust? Discover the crucial lessons learned and the potential for a brighter future in the fiercely competitive world of ed-tech. Don't forget to like, share, and subscribe to Mint for more engaging content!