Vaishnavi Mishra

ED attaches ₹581 cr assets in case against Anil Ambani's Reliance Group

ED attached 31 properties valued at ₹581.65 crore belonging to Reliance Home Finance Limited and Reliance Commercial Finance Limited, firms linked to Reliance Group Chairman Anil Ambani. Attached properties are in the form of land parcels situated across India. The cumulative attachment has reached ₹16,310 crore. This follows search operations conducted in the case of Reliance Power under FEMA.

Mar 12th, 2026

ED attaches ₹581 cr assets in case against Anil Ambani's Reliance Group

Vaishnavi Mishra

CBI arrested Gurugram-based Darwin Labs' CTO Ayush Varshney in the ₹20,000-crore GainBitcoin cryptocurrency scam. Authorities detained him at Mumbai airport while he was trying to flee the country. Darwin Labs is accused of developing the entire technological infrastructure for the GainBitcoin Ponzi scheme, including the Bitcoin Payment Gateway. This is the first arrest by the agency in the case.

Mar 12th, 2026

Gurugram-based startup's CTO Varshney arrested at Mumbai airport in ₹20,000-cr crypto scam

Tesla CEO Elon Musk announced that the "Digital Optimus" AI project works on all cars equipped with AI4 hardware. He stated these cars can perform office work when not driving. Musk also revealed Tesla is deploying millions of dedicated units at Superchargers. Shares fell over 2% in morning trade, while retail sentiment remained "extremely bullish" on Stocktwits.

Mar 12th, 2026

Elon Musk says Digital Optimus works on all AI4-equipped Tesla's

Pravel Jain

LVMH CEO Bernard Arnault, who controls Paris FC, is the world's richest sports team owner in 2026 with an estimated net worth of $171 billion, according to Forbes. He is followed by Walmart's Rob Walton (Denver Broncos, $146 billion) and Steve Ballmer (Los Angeles Clippers, $126 billion). Only owners controlling teams through holding companies were included in the list.

Mar 12th, 2026

Who are world's richest sports team owners in 2026 as per Forbes?

Polar Power (POLA) stock jumped about 20%, hitting its 200-day moving average (DMA) for the first time since January and extending a 60% four-session rally. Retail traders turned extremely bullish, citing contracts in military power systems and EV charging, despite the company previously reporting weak sales and losses.

Mar 12th, 2026

POLA stock jumps 20%, crosses 200-DMA for first time since January

The Trump administration is reportedly planning 30-day waivers to suspend the Jones Act as crude oil prices surge above $100 per barrel amid the Iran conflict. The move would allow foreign tankers to transport fuel to US East Coast refiners, aiming to ease supply pressures and stabilise energy markets.

Mar 12th, 2026

Trump eyes 30-day Jones Act waiver as oil surges past $100

Ashley Paul

A US court has found Indian-origin brothers Bhaskar and Arun Savani guilty of running multiple scams, including H-1B visa and healthcare fraud, money laundering and tax evasion. The brothers, who ran the scams via Savani Group, together face 835 years in prison. The duo evaded $2.7-million tax, used unsafe dental implants without customers' knowledge and even filed fake visa applications.

Mar 12th, 2026

Indian-origin brothers face 835 years in prison for running multiple scams worth crores in US

Vaishnavi Mishra

Shares of household appliance companies rose up to 14% on Thursday as sales of induction cooktops and electric kettles surged amid ongoing concerns around LPG supply. Shares of Jaipan Industries, TTK Prestige and Greenchef Appliances rose 14%, 8.3%, and 4%, respectively. Tata Group's Croma said it observed a threefold jump in demand for induction cooktops over the past few days.

Mar 12th, 2026

Household appliance firms' shares rise as induction sales surge

DXST stock falls 38% premarket after announcing a 1-for-25 reverse stock split to meet Nasdaq listing requirements. The split, effective March 16, will consolidate shares and reduce the total outstanding. The move follows the stock trading below $1 for over a month. Shareholders had previously approved a reverse split range.

Mar 12th, 2026

1-for-25 split sends DXST stock crashing pre-market

Ashley Paul

German startup SWARM Biotactics is developing 'cyborg' cockroaches that carry backpacks containing AI hardware and look like tiny tanks. SWARM made the bioelectronic insects using neural interfaces to remotely control live cockroaches, which can reach places humans and drones can't. NATO forces, including the German armed forces, are reportedly already field-testing the cockroaches.

Mar 12th, 2026

'Cyborg' cockroaches that look like tiny tanks & can spy on people developed in Germany

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