ED Arrests Sandeep Gupta in ₹236 Crore Richa Industries Fraud Case

January 22, 2026

ED Arrests Sandeep Gupta in ₹236 Crore Richa Industries Fraud Case

The Enforcement Directorate arrested Sandeep Gupta, former MD of Richa Industries, in a ₹236 crore fraud case involving fake sales and asset diversion, linked to public sector bank losses.

IndiGo Profit Falls 78% to ₹549 Crore After Flight Disruptions in Q3

January 22, 2026

IndiGo Profit Falls 78% to ₹549 Crore After Flight Disruptions in Q3

IndiGo's profit plunged 78% to ₹549.1 crore in Q3 2025 amid major flight disruptions and DGCA's 10% schedule cut. Revenue rose to ₹24,540.6 crore.

India's Net FDI Negative for 4th Month; Outflows Exceed Inflows by $446 Million in Nov 2025

January 22, 2026

India's Net FDI Negative for 4th Month; Outflows Exceed Inflows by $446 Million in Nov 2025

India's net foreign direct investment (FDI) remained negative in November 2025, with outflows surpassing inflows by $446 million. High repatriations and disinvestments by foreign firms led to this trend, while portfolio investment also saw net outflows amid trade deal uncertainty and a weakening rupee.

Uganda’s Internet Shutdown Slashes Incomes and Freezes Online Services During Election

January 22, 2026

Uganda’s Internet Shutdown Slashes Incomes and Freezes Online Services During Election

Uganda's government shut down the internet around the election, stopping mobile money transactions and online businesses. Many lost income, struggled to communicate, and faced a digital blackout that halted learning and news coverage.

2026 Set to See $100bn+ IPOs from AI Giants like OpenAI and SpaceX

January 22, 2026

2026 Set to See $100bn+ IPOs from AI Giants like OpenAI and SpaceX

Big tech startups such as OpenAI, Anthropic, and SpaceX are gearing up for IPOs valued over $100bn in 2026. Their market debut could shape AI investment trends amid global uncertainties.