McNally Bharat: ED probes 'backdoor return' of old power network via IBC

Economic Times - Sep 24, 2026

Enforcement Directorate has traced ₹105 crore of cash infusion to McNally Bharat Engineering from Vishwa Group entities. The funds moved through complex networks involving non-banking financial companies and special purpose vehicles. Investigators are examining the role of several individuals and entities associated with this cash flow. Additionally, changes in ownership after the resolution plan approval are under scrutiny.

Read full article
More News
Silver price today: Silver hits $64.78 on September 25 - here's why $63 and $70 are the key levels to watch
Sep 25, 2026
Silver price today: Silver hits $64.78 on September 25 - here's why $63 and $70 are the key levels to watch

Silver was trading at $64.78 per ounce on September 25, remaining range-bound amid high interest rates. Analysts predict continued strength for silver due to increasing demand and limited supply. Key price levels are identified at $63 for support and $70 for resistance. A break below $63 could lead to a decline toward $60, while a rise above $70 indicates potential upward movement.

US’ Graham Act, trade restrictions are sustained coercion; US, China, EU weaponise trade: CEA
Sep 25, 2026
US’ Graham Act, trade restrictions are sustained coercion; US, China, EU weaponise trade: CEA

The CEA said that trade has been weaponised well beyond the US, pointing to export licensing, supply-chain chokepoints and similar moves by China and the EU.

ED searches 16 premises linked to Attica Gold in stolen gold, money laundering case
Sep 25, 2026
ED searches 16 premises linked to Attica Gold in stolen gold, money laundering case

The Enforcement Directorate conducted searches at 16 locations associated with Attica Gold Pvt Limited and its affiliates. These searches took place in four cities, including Bengaluru and Chennai. Allegations involve money laundering related to stolen gold purchases and dealings. Authorities seized cash, foreign currency, gold jewelry, and silver articles as evidence. The investigation continues amid reports of key personnel avoiding cooperation during the searches.

ED searches 16 premises linked to Attica Gold in stolen gold, money laundering case
Sep 25, 2026
ED searches 16 premises linked to Attica Gold in stolen gold, money laundering case

The Enforcement Directorate conducted searches at 16 locations associated with Attica Gold Pvt Limited and its affiliates. These searches took place in four cities, including Bengaluru and Chennai. Allegations involve money laundering related to stolen gold purchases and dealings. Authorities seized cash, foreign currency, gold jewelry, and silver articles as evidence. The investigation continues amid reports of key personnel avoiding cooperation during the searches.

West Bengal orders 21 closed tea gardens to reopen in 10 days
Sep 25, 2026
West Bengal orders 21 closed tea gardens to reopen in 10 days

West Bengal Transport and Labour Minister Arjun Singh visited North Bengal to address the closure of tea gardens. The state government has mandated the reopening of 21 closed tea gardens within ten days. Additionally, tea garden owners are required to pay a 20% bonus to workers by October 5, 2026. Singh emphasized the need for effective revenue collection and vehicle fitness checks in the Transport Department as well.

West Bengal orders 21 closed tea gardens to reopen in 10 days
Sep 25, 2026
West Bengal orders 21 closed tea gardens to reopen in 10 days

West Bengal Transport and Labour Minister Arjun Singh visited North Bengal to address the closure of tea gardens. The state government has mandated the reopening of 21 closed tea gardens within ten days. Additionally, tea garden owners are required to pay a 20% bonus to workers by October 5, 2026. Singh emphasized the need for effective revenue collection and vehicle fitness checks in the Transport Department as well.

Douglas Tompkins backed giant anteater rewilding in Argentina's Iberá wetlands in 2007. 17 years later, more than 100 rescued anteaters had been returned to the wild
Sep 25, 2026
Douglas Tompkins backed giant anteater rewilding in Argentina's Iberá wetlands in 2007. 17 years later, more than 100 rescued anteaters had been returned to the wild

Giant anteaters were reintroduced to Argentina's Iberá wetlands in 2007 after suffering population declines. Over 100 giant anteaters have since been released into the wild, successfully rebuilding the population. Recently, a giant anteater was spotted in Brazil, marking its return to Rio Grande do Sul after 130 years. Researchers attribute this observation to successful conservation efforts in Argentina's Iberá wetlands.

Chess Olympiad: Indian men crush Germany, women beat Uzbekistan
Sep 25, 2026
Chess Olympiad: Indian men crush Germany, women beat Uzbekistan

At the 46th chess Olympiad, Indian chess teams scored impressive victories. The men's team triumphed over Germany, aided by D. Gukesh's pivotal win, ending the round with a score of 2.5-1.5. Simultaneously, the women's team outshone Uzbekistan with a decisive 3-1 victory. However, China's women maintain a comfortable lead ahead of India, setting the stage for an intense final showdown.

Trump administration gets Supreme Court green light on expanded voter database - here’s what changes
Sep 25, 2026
Trump administration gets Supreme Court green light on expanded voter database - here’s what changes

The Supreme Court has cleared the way for the Trump administration to tap into an expanded federal database for checking voter citizenship. This initiative, utilizing the Systematic Alien Verification for Entitlements (SAVE) program, allows states to obtain more information. Nonetheless, there are restrictions on removing voters from rolls before elections.

India’s pulses exports see a five-fold growth in past 10 years
Sep 25, 2026
India’s pulses exports see a five-fold growth in past 10 years

Premium GI tur dal from Kalaburgi finds its way into the Maldives; trade wants a favourable policy to sustain and grow pulses exports

India bats for stable maritime zones, continuity of statehood for island and coastal States
Sep 25, 2026
India bats for stable maritime zones, continuity of statehood for island and coastal States

Secretary (West) Sibi George welcomed the UN Declaration on Sea Level Rise during the 81st UN General Assembly session. He emphasized India's dedication to coastal resilience, mangrove preservation, and disaster-resilient infrastructure initiatives. Sibi George also participated in the Peacebuilding Commission meeting, stressing the importance of national ownership in developmental efforts. He shared insights on inclusivity in nation-building and India's support for least developed countries and small island developing states.

India bats for stable maritime zones, continuity of statehood for island and coastal States
Sep 25, 2026
India bats for stable maritime zones, continuity of statehood for island and coastal States

Secretary (West) Sibi George welcomed the UN Declaration on Sea Level Rise during the 81st UN General Assembly session. He emphasized India's dedication to coastal resilience, mangrove preservation, and disaster-resilient infrastructure initiatives. Sibi George also participated in the Peacebuilding Commission meeting, stressing the importance of national ownership in developmental efforts. He shared insights on inclusivity in nation-building and India's support for least developed countries and small island developing states.

Recommended
Copyright © 2015 - 2026 The Financial Capital.

All Rights Reserved.

Subscribe Now!

About Us

The Financial Capital is your independent source for finance information and advice. We provide insights and offer advice from financial experts so you can make the best decisions.