Falcon

Telangana CID arrests Falcon Group ex-COO in ₹792 cr investment scam

The Telangana CID has arrested the former chief operating officer (COO) of Falcon Group in connection with the Rs 792 crore deposit "fraud". Vikas Kumar Sakhare, who played an active role in the offence, was arrested at his residence here on Wednesday, CID Additional Director General Charu Sinha said in a release. The case pertains to "unauthorised" collection of deposits wherein the accused "cheated" the depositors, by developing Falcon Invoice Discounting Application and created fake deals in the names of reputed MNCs, induced the depositors under the pretext of high interest rates and collected about Rs 4,215 crores from 7,056 depositors. Out of that, 4,065 people were cheated to the tune of Rs 792 crores by the Capital Protection Force Private Ltd, working under Falcon Invoice Discounting App, it said. On the complaints of victims, three cases were registered under relevant sections of BNS and the Telangana State Protection of Depositors of Financial Establishment Act, 1999 at t

Sunita Williams, Butch Willmore's return delayed as rocket faces glitch

According to an Associated Press report, the new crew consisting of four astronauts from the US, Japan, and Russia, will have to get to the ISS first before Williams and Willmore can head home

Elon Musk-led SpaceX plans to launch 20 Starlink internet satellites today

SpaceX is launching 20 more Starlink satellites into space. The company operates over 6,400 Starlink spacecraft in LEO and out of these, over 250 are DTC satellites

Jets, glamour, and grandeur: Ambani wedding takes off with Falcon-2000 jets

Mukesh Ambanis and his family have hired three of Club One Air's Falcon-2000 jets for the grand wedding of Anant Ambani and Radhika Merchant

Ashok Leyland bags order for supplying 1,400 school buses in UAE

Indian company says deal win by distribution partners 'reaffirms faith' in its buses

CrowdStrike launches $100-mn Falcon Fund-II for investment in cybersecurity

CrowdStrike Holdings Inc announced the launch of Falcon Fund-II, a $100-million investment vehicle, in partnership with Accel focused on cross-stage private investments within cybersecurity

Faclon provides solutions to remove inefficiencies in water management

The start-up has raised funds from Sameer Sainani of LetsVenture and others