Delhi CM says global investors summit likely in Jan-Feb 26
Delhi chief minister Rekha Gupta on Thursday announced plans for a grand global investor summit to be held in January-February 2026, focusing on sectors like artificial intelligence (AI), information technology (IT), IT-enabled services (ITES), and banking, financial services, and insurance (BFSI). The summit aims to attract major international investment and position Delhi as a global business hub.
After a meeting with industries minister Manjinder Singh Sirsa and senior officials, Gupta also said a new trader welfare board will be formed to resolve trade-related issues swiftly and represent the business community's concerns to policymakers. 'The board will support small, medium, and large-scale traders and implement welfare schemes while pushing for reforms to ease business operations,' her office said in a statement.
She added that a new Industrial Policy and Warehouse Policy will be launched soon to promote industrial activity, boost logistics, and create a more investment-friendly climate in Delhi. These policies will especially benefit small and medium enterprises and encourage the use of modern technologies.
The government also plans to develop a high-tech industrial hub in Ranikhera and roll out a dedicated policy for start-ups.
Gupta announced the establishment of Delhi's first E-waste Eco Park on a 21-acre site in Holambi Kalan. The facility will promote safe disposal and recycling of electronic waste and include infrastructure for testing, training, and waste management. Officials said the park will serve as a model for sustainable industrial development in the city.
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Time of India
9 hours ago
- Time of India
Rs 4.58 crore siphoned off from customer accounts, FDs! How former ICICI Bank relationship manager pulled off a stunning fraud - explained in 10 points
Sakshi Gupta had gained unauthorised access to more than 110 accounts of 41 customers and executed multiple illegal transactions. Rs 4.58 crore siphoned off - over 100 accounts of customers accessed - fixed deposits broken: This is not some movie plot - it's a stunning fraud that a former ICICI Bank relationship manager pulled off! The multi-crore fraud continued for over two years. The accused, Sakshi Gupta, who served at ICICI Bank 's Shriram Nagar branch in Kota's DCM area from 2020 to 2023, was taken into custody by Udhyog Nagar police on May 31, 2025 after a thorough investigation. According to a TOI report, police records indicate that the fraudulent activities were initially discovered on February 18. Following ICICI Bank's internal probe that identified Sakshi Gupta, who previously worked as a relationship manager at the bank's DCM branch in Kota, as the primary suspect in a significant financial fraud affecting customer accounts, the Kota police have begun their enquiry. The authorities are examining potential accomplices and have asked the bank to furnish pertinent documentation. How former ICICI Bank relationship manager committed fraud: 10 Points The investigation revealed that Sakshi Gupta had gained unauthorised access to more than 110 accounts of 41 customers and executed multiple illegal transactions. Investigators found that she had diverted the misappropriated funds into stock market investments, which subsequently resulted in substantial financial losses. In order to hide the deception, Gupta allegedly substituted the registered mobile numbers of various bank accounts with those of her family members. The actual account holders were unable to receive transaction notifications and one-time passwords (OTPs) due to this modification, according to police reports. The investigation revealed multiple fraudulent activities by Gupta, including unauthorised activation of overdraft facilities across 40 accounts. Further findings showed that she had unlawfully terminated fixed deposits belonging to 31 clients, channeling Rs 1.34 crore to different accounts. The probe uncovered her unauthorised usage of debit cards, along with their associated PINs and OTPs, to conduct various online and ATM transactions. Additionally, Gupta was found responsible for processing a fraudulent personal loan amounting to Rs 3.4 lakh. The investigation also established that she had extensively utilised Insta Kiosk machines and digital banking platforms to execute numerous fraudulent transactions. The illicit funds were distributed across several Demat accounts, suggesting an attempt to conceal the money trail. After identifying irregularities, bank manager Tarun Dadhich registered a complaint, which led to a comprehensive audit and subsequent police investigation. "She systematically transferred funds, sometimes using the account of an elderly woman who had no knowledge of the activity as a pool account," said sub-inspector Ibrahim of Udhyog Nagar police station. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo "By mid-February 2023, over Rs 3 crore had passed through that single account." Following a one-day police custody, Gupta appeared before the court and was sent to judicial custody. The police continue their enquiries into the matter. A representative from ICICI Bank said, "The interest of our customers are of paramount importance to us. Immediately upon discovering the fraudulent activity, we filed an FIR with the police. We have a zero-tolerance policy against any fraudulent activity and thus suspended the employee involved. We would like to reassure that genuine claims of impacted customers have been settled." Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
15 hours ago
- Time of India
Cops probe role of others in multi-crore fraud by former ICICI Bank employee
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New Indian Express
21 hours ago
- New Indian Express
Bank officer in Kota embezzled Rs 4.6 crore from customers' fixed deposits to invest in stock market, arrested
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