business news

Swiggy Reveals ₹33 Crore Embezzlement by Ex-Junior Staff Member

Swiggy Reports ₹33 Crore Fraud by Former Junior Employee, Files Legal Complaint

Food delivery giant Swiggy, in its latest financial report for 2023-24, has revealed that a former junior employee embezzled over ₹33 crore from one of its subsidiaries. The disclosure, part of Swiggy's annual report, highlights concerns over corporate governance within the company, especially given the large scale of the fraud attributed to a lower-level employee.

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China Commits Additional $51 Billion to Support Africa

In a significant move, China has pledged nearly $51 billion in financial support for Africa, focusing on infrastructure projects and job creation amid ongoing concerns about debt diplomacy. The announcement was made by Chinese President Xi Jinping at the Forum on China-Africa Cooperation Summit held in Beijing.

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CapitaLand to Double India Investment by 2028 Ahead of PM Modi’s Singapore Visit

CapitaLand Announces Major Investment in India Ahead of PM Modi's Singapore Visit

Singapore’s real estate investment firm, CapitaLand Investment, has announced a significant expansion of its investment in India, aiming to more than double its funds under management in the country by 2028. This bold move, revealed just hours before Prime Minister Narendra Modi's visit to Singapore, reflects the growing appeal of India as an investment destination.

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Bold Care Co-Founder Rahul Krishnan Spends Lakhs on Online Purchases After Sharing Debit Card Details with Strangers

In an unusual publicity stunt to promote “Sextember,” Bold Care co-founder Rahul Krishnan made headlines by sharing his debit card details publicly on social media, inviting strangers to make purchases at his expense. The stunt, which was aimed at raising awareness about men's sexual health and wellness, garnered significant attention and stirred up a flurry of online activity.

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