DISHONEST CUSTOMERS
The US, Singapore and Taiwan have all looked at Alice Huang or her company Megaspeed; here’s what each investigation covers
One Chinese businesswoman, three countries and a growing national security controversy. Alice Huang has drawn scrutiny in the US, Singapore and Taiwan over her alleged links to Beijing and her former company, Megaspeed. But each country's role is different. While US authorities have examined suspected Chinese intelligence links, Singapore is investigating Megaspeed, and Taiwan's reported inquiry centres on her alleged connections to China.
Singapore confirms a probe into Megaspeed but denies investigating Alice Huang over spy claims; how is Nvidia CEO Jensen Huang linked to the controversy?
US media reports have alleged that Nvidia CEO Jensen Huang developed a 'close relationship' with an alleged Chinese spy. US intelligence believes Alice Huang was recruited by China's Ministry of State Security (MSS). The alleged relationship was reportedly mentioned in a memo. Singapore has reportedly rejected the claims that Alice Huang was investigated by its authorities.
Buffett on gold: It does not lose because the pessimists are wrong. It loses for a reason almost nobody mentions
The number of shares Berkshire Hathaway held in American Express did not change for eight years. Yet, its ownership of the company rose from 12.6% to 17.9%, purely because American Express kept buying back its own shares. Fewer shares existed, so the same number of shares owned more of the company. Buffett draws the general rule from it in one short line: When earnings increase and shares outstanding decrease, owners over time usually do well.
Homebuyer stops paying EMIs on Rs 39.92 lakh home loan after builder sells his flat to another buyer; Karnataka HC quashes bank’s criminal case
The Karnataka High Court has dismissed the criminal charges against homebuyer Mr. Bari, who stopped repaying his loan EMIs after learning that the builder had sold his booked flat to another buyer. The State Bank of India accused Bari of misusing the loan funds, but the court determined that the bank mishandled the situation by pursuing criminal charges. The fate of Bari's initial flat booking and investment remains unclear.
Navratri 2026 Begins on October 11: Five Things You Should Never Do During These 9 Auspicious Days
Shardiya Navratri 2026 begins on October 11 and marks nine days dedicated to the worship of Maa Durga and her nine forms. While devotees follow special fasting and puja rituals, certain practices are traditionally avoided during this sacred period. Here are five things devotees should never do during Navratri, along with important rules for maintaining spiritual discipline, cleanliness and a peaceful atmosphere.
Rave files antitrust lawsuit against Apple over removal of video-sharing app
Rave, a video sharing app, has sued Apple in a US federal court. Rave claims Apple removed its app from the App Store to promote its own SharePlay feature. The company seeks significant damages and reinstatement. Rave has also filed similar lawsuits in other countries.
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Sitharaman urges GST officers to be polite, empathetic toward honest taxpayers
Finance Minister Nirmala Sitharaman urged GST officers to be polite and empathetic towards honest taxpayers, emphasizing technology for faster approvals and grievance redressal. She stressed timely conclusion of disciplinary proceedings against officers to ensure accountability and prevent misconduct. The minister also called for proactive trade facilitation and avoiding suspicion towards all taxpayers.

Delhi HC restrains infringement of Volvo trademark
The Delhi High Court has issued an injunction against the infringement of Volvo's trademark by two transportation companies. The court order restrains the unauthorized use of the Volvo mark on buses and in advertising travel services. This action follows Volvo's plea alleging the defendants manufactured and marketed buses deceptively similar to Volvo's, misleading customers.

She has a Rs 50 crore bungalow but tries to cheat an online baby store for Rs 5,000. After an unexpected twist she now is a loyal customer
Varun Ghai, a Delhi entrepreneur, encountered a customer attempting to defraud his baby clothing brand using a fabricated payment screenshot. Despite living in an affluent area, the customer later claimed non-delivery and accused the brand of dishonesty.

Couple's 'hack' to eat free at 5-star restaurants leaves internet 'disgusted'
A couple's unusual method for dining free at 5-star restaurants has stirred up strong reactions on the internet, leaving many disgusted by their deceptive tactic. The revelation serves as a cautionary tale about the extremes people might go to for small gains, prompting concerns about honesty and ethics in everyday interactions.

How a Rs 113 cab excess fare refund request cost a doctor Rs 4.9 lakh
A doctor in Safdarjung Enclave lost Rs 4.9 lakh in a digital fraud after seeking a refund of Rs 113 from a cab service company. The fraudster posed as a customer care representative and tricked the doctor into downloading a remote sensing application and providing personal information. The police have registered a case and suspect that the scammers posted a fake customer care number online to deceive unsuspecting victims.

Watch: UK woman caught on CCTV planting hair in food to score free meal
Unbeknownst to the customer, her actions were recorded by the restaurant's surveillance system. Reviewing the footage to ensure his staff followed proper hygiene procedures, Croft uncovered the truth. The video clearly showed the woman having a quiet conversation with a male companion, during which she discreetly pulled hair from her head and placed it on her plate.

Going for a car service? Five common car maintenance scams you should know to avoid unnecessary spend
Car owners often rely on mechanics and service centers for maintenance, but they can fall victim to scams. Common scams include recommending unnecessary procedures like engine decarbonizing and dressing, pushing engine flushing, additives, and unnecessary spare parts, falsely suggesting fuel injector cleaning is needed, selling unnecessary dry cleaning services, and inflating labor charges.

In win for Robinhood, judge declares Massachusetts investment advice rule invalid
The Massachusetts rule went beyond a standard the U.S. Securities and Exchange Commission adopted in 2019 by requiring broker-dealers have a fiduciary obligation to provide investment without regard to the interests of anyone but their customers.

Model builder-buyer agreement: Important matter in public interest says SC, seeks Centre's reply
Earlier in October, the Supreme Court had said it is important for the country to have a model builder-buyer agreement in the real estate sector.

Important for country to have model builder-buyer agreement, says SC; seeks Centre's reply
“It is very important for consumer protection, because builders try to put any number of clauses in the agreement which common people may not be aware of. There should be some uniformity in the agreement. It is important that this (model builder buyer agreement) is achieved in the country,” the bench said.

SC to hear on Monday PIL seeking framing of model pacts to protect realty customers
The public interest litigation (PIL) by advocate and BJP leader Ashwini Upadhyay has also sought a direction to all states to enforce 'Model Builder Buyer Agreement' and 'Model Agent Buyer Agreement' and to take steps to avoid "mental, physical and financial injury" to customers.

SC adjourns plea seeking directions to Centre for model builder buyer agreement
The petitioner sought direction from the apex court to protect the rights and interests of customers, in the spirit of aims and objects of the RERA Act 2016 and Articles 14, 15 and 21 of the Indian Constitution.

PIL in Supreme Court to frame model pacts to protect realty customers from builders, agents
The plea filed by advocate and BJP leader Ashwini Kumar Upadhyay has also sought a direction to all the states to enforce 'Model Builder Buyer Agreement' and 'Model Agent Buyer Agreement' and to take steps to avoid "mental, physical and financial injury" to customers.

Direct centre to frame builder-buyer, agent-buyer agreements: Plea in SC
All the states should also enforce Model Builder Buyer Agreement and Model Agent Buyer Agreement and take appropriate steps to avoid mental physical financial injury, read the petition.

Loan fraud case: No wrongdoings found in functioning of Carnation Auto by bankers, says ex-Maruti chief Khattar
Khattar, who has been booked by the Central Bureau of Investigation (CBI) for an alleged bank loan fraud of Rs 110 crore, said no lapses in operations or financial management were found in the company by the investigating audit authorities and expressed hope that he will be vindicated once the probe is over.

Stop looting customers or face punitive action: UP minister Srikant Sharma on petrol theft
He said the state government under the leadership of Chief Minister Yogi Adityanath was "committed to provide justice to people and put the dishonest behind the bar."
US Justice Dept slaps fraud charges on Oracle
The US Justice Department has charged Oracle Corp with defrauding the American government on a software contract that involved sales worth hundreds of millions of dollars.
Consumer court concerned over billing by private telecom companies
The Delhi State Consumer Commission has expressed its concern over private telecom operators reportedly overcharging customers by including undue charges in the bill, which are not rectified unless the subscribers point them out.
CBI charges Raju, nine others in fresh Rs 430-cr scam
CBI charged Satyam founder Ramalinga Raju, his brother B Rama Raju and eight others with creating fictitious customers and siphoning off Rs 430 crore from the IT firm.
Sheetal Mafatlal in jail till June 12
Socialite and businesswoman Sheetal Mafatlal was packed off to jail till June 12 after prosecutor argued that investigators needed time to examine whether she had been involved in smuggling jewellery in past.
India to seek extradition of Indian businessman from UK
After the US, India is all set to approach Britain to seek extradition of Virender, who is serving sentence there for defrauding banks to the tune of several million dollars.
Godrej moves SC over trademark row
Godrej moves the Supreme Court seeking to restrain Knight Queen Industries from using the trademark 'Knight Queen'.
RBI kicks in whistleblower policy for pvt, foreign banks
The Reserve Bank of India (RBI) has introduced a whistleblower policy for private and foreign banks that allows customers, shareholders, NGOs and other members of the public to complain in confidence.
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