🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Crypto kingpin behind Rs 200-crore fraud in Himachal Pradesh still at large
Economic Times
·
1y ago
Medial
Police are still searching for the mastermind behind a cryptocurrency fraud that has swindled people in Himachal Pradesh, India, out of over Rs 200 crore ($27 million) since 2018. The gang used deceptive tactics to lure investors by promising high returns in a short period of time. They created a network of investors and operated a Ponzi-style scheme, with initial investors bringing in more people. The fraudsters launched multiple coins, manipulated their prices, and built fake websites. Five people have been arrested so far, and investigations are ongoing.
View Source
Related News
Adani Power moves Supreme Court for ₹280 crore refund from Himachal Pradesh government | Mint
Livemint
·
12m ago
Medial
Adani Power has approached the Supreme Court seeking a refund of INR 280 crore from the Himachal Pradesh government related to the Jangi Thopan Power Project. This comes after the Himachal Pradesh High Court overturned a previous decision to refund the premium for the hydropower project. The dispute began in 2005 when Himachal Pradesh invited bids for two hydropower projects and Adani Power sought to recover the premium deposited with another bidder. The High Court ruled that Adani Power's financial arrangement lacked the necessary approval and that no lawful relationship existed between Adani and the state.
View Source
Buzzing Stocks: RVNL, IndiGo, Vodafone Idea, GAIL, Adani Ent, M&M, BSE and others in news
Money Control
·
1y ago
Medial
Rail Vikas Nigam has been awarded a project worth Rs 1,298.2 crore to develop distribution infrastructure in Himachal Pradesh. IndiGo co-founder Rakesh Gangwal is considering selling up to a 5.8% stake in InterGlobe Aviation to raise nearly Rs 6,600 crore. GAIL, ONGC, and Shell Energy India have signed an MoU to explore opportunities for importing ethane and other hydrocarbons. Vodafone Idea is seeking shareholder approval to issue securities worth Rs 20,000 crore. And Adani Enterprises has inaugurated the integrated terminal 3 of the Chaudhary Charan Singh International Airport.
View Source
House of Abhinandan Lodha to invest over Rs 1,250 crore in new land acquisitions across India in FY25
Money Control
·
1y ago
Medial
Mumbai-based real estate firm The House of Abhinandan Lodha (HOABL) plans to invest over Rs 1,250 crore in acquiring more land across India by FY25. The majority of the investment will be in states where HOABL is already operational, such as Maharashtra, Goa, Uttar Pradesh, Punjab, and Himachal Pradesh. The company also plans to acquire new lands in Madhya Pradesh, Rajasthan, and Gujarat. HOABL aims to deliver 6 million square feet of development by December 2024, and have about 700 acres of development and an additional land bank of 1,000 acres by March 2025. The company also plans to develop projects in six more cities, including Amritsar, Khopoli near Mumbai, Nagpur, Varanasi, Shimla, and Vrindavan.
View Source
Baidu says AI chatbot 'Ernie Bot' has amassed 200 million users
Economic Times
·
1y ago
Medial
Chinese internet company Baidu announced that its artificial intelligence chatbot "Ernie Bot" has gained over 200 million users and is being used 200 million times daily. The chatbot, launched eight months ago, has attracted a large user base and is a popular choice for individuals and enterprise clients in China. Despite competition from other domestic AI services like Alibaba-backed Kimi, the Baidu chatbot remains the most widely used in China. However, globally, Baidu's AI service still lags behind OpenAI's ChatGPT, which remains the most popular generative AI service.
View Source
MakeMyTrip Foundation Commits Five Crore Towards Relief Efforts In The States Of Himachal Pradesh And Uttarakhand
OutlookIndia
·
2y ago
Medial
MakeMyTrip Foundation, the philanthropic arm of online travel company MakeMyTrip, has pledged five crore rupees towards relief efforts in the states of Himachal Pradesh and Uttarakhand. The funds will be utilized to provide immediate aid and support to the affected communities, including food, shelter, medical assistance, and rehabilitation. The initiative aims to help those affected by natural disasters in the region and contribute to their recovery.
View Source
Coca-Cola bottler Kandhari acquires Wave Beverages
Economic Times
·
1m ago
Medial
Kandhari Global Beverages, a major Coca-Cola bottling partner in India, has acquired Wave Beverages' operations for about ₹1,000 crore. This acquisition includes Wave Beverages' territories in Punjab and Himachal Pradesh, expanding Kandhari Global’s reach in the northern and western markets. The deal follows Kandhari's earlier purchase of Coca-Cola's North Gujarat bottling operations for ₹2,000 crore, positioning Kandhari among Coca-Cola's leading independent bottling partners. Coca-Cola’s India market remains competitive despite weather-related sales challenges.
View Source
Greenko acquires GI Hydro's Sikkim project for enterprise value of ₹1,000 cr
Livemint
·
1y ago
Medial
Greenko, a renewable energy company backed by GIC Holdings, Abu Dhabi Investment Authority, and ORIX Corp, has completed the acquisition of the 110 MW Chuzachen hydro-electric project in Sikkim. The deal, valued at ₹1,000 crore, adds to Greenko's existing hydro projects in Himachal Pradesh, Uttarakhand, Karnataka, and Sikkim. Sikkim offers significant potential for hydroelectric projects due to its long rainy season, although severe winter conditions can impact power generation. The acquired project was previously owned by GI Hydro, which has faced financial difficulties and defaulted on loan repayments in 2016.
View Source
LIC agents earn ₹14,931 a month in Maharashtra, ₹20,446 in Andaman & Nicobar
Livemint
·
1y ago
Medial
According to data from the Life Insurance Corporation (LIC), LIC agents in Himachal Pradesh earn an average monthly income of ₹10,328, the lowest among all states and Union Territories. On the other hand, LIC agents in Andaman & Nicobar Islands earn the highest average monthly income at ₹20,446. Uttar Pradesh has the highest number of LIC agents, with over 1.84 lakh agents earning an average monthly income of ₹11,887. Maharashtra, West Bengal, Tamil Nadu, Karnataka, and Rajasthan also have a significant number of LIC agents with varying income levels.
View Source
IHCL, Ambuja Neotia Group ink pact for 15 new hotels, focus on east, northeast region
Economic Times
·
1m ago
Medial
Indian Hotels Company (IHCL) and Ambuja Neotia Group have announced a partnership to establish 15 new hotels in eastern and northeastern India, with an investment of up to ₹2,000 crore. The new sites will be a mix of greenfield, brownfield, and conversions across West Bengal, Sikkim, and Himachal Pradesh. This initiative aims to enhance tourism potential in the region. The partnership will increase their hotel count from 28 to 43, adding over 1,000 rooms.
View Source
TechEagle launches drone hubs in collaboration with healthcare institutions in eight states
Economic Times
·
9m ago
Medial
TechEagle has launched eight dedicated hubs in collaboration with healthcare institutions in India to facilitate the rapid delivery of medical supplies to underserved communities using drones. Inaugurated virtually by Prime Minister Narendra Modi, these hubs will play a crucial role in deploying essential medicines, vaccines, and diagnostic samples to remote areas. The hubs are located in various states, including Assam, Uttarakhand, and Himachal Pradesh, with plans to expand to over 200 locations in the coming year. With reduced delivery times compared to traditional ground transport, TechEagle aims to establish a nationwide drone delivery airline that can support deliveries across different sectors.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
