More than 700 employees of Pune-based IT firm ThynkTech India lost their jobs after the company allegedly shut down abruptly. Police arrested CEO Harshal Thakre over alleged financial irregularities, while employees reported unpaid salaries, bounced cheques, and unreturned security deposits
A corporate fraud case has been registered against Symphony IT Distribution in Hyderabad for allegedly cheating a client of nearly USD 292,000. Police are probing financial records and possible international transactions linked to the accused
The CBI has filed a criminal case against Reliance Commercial Finance Ltd and its promoters for allegedly causing a Rs 57.47 crore loss to Bank of Maharashtra. Searches are underway at company and director premises, while the ED also probes Reliance Power
