Latest news with #ShareIndia
Time of India
08-08-2025
- Time of India
NRI duped of Rs 24.5 lakh in share market investment fraud
Ludhiana: Cyber crime police station of Ludhiana rural police filed a case against an individual for allegedly duping an NRI of Rs 24.57 lakh on the pretext of investing in the share market. Bhawandeep Singh of Gurreh village, an NRI from Canada, told the police that he was visiting home when he received a WhatsApp call from a person who introduced herself as a representative of Share India company. The caller claimed that the company invested in the share market and the investment led to double the returns in a short time. The complainant said that the accused lured him with the promise of huge profits and took Rs 24.57 lakh from him for 'investment'. When he did not get any profit, he started calling the accused, but her phone was not reachable. The complainant realised that he had been conned and approached the police. ASI, Cyber Crime, Jagroop Singh said that a case has been registered under section 318 (4) of BNS (cheating related) against the unidentified accused. He added that they were scanning the phone numbers used by the accused and the bank accounts into which the complainant transferred the money. Cyber crime officials have advised residents against falling prey to online fraudsters luring them with huge profit on investment. They added that they were engendering awareness among people about cyber crimes and were also conducting such programmes in schools and colleges, besides using social media. MSID:: 123189716 413 | Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area. Get the latest lifestyle updates on Times of India, along with Raksha Bandhan wishes , messages and quotes !
Mint
02-07-2025
- Business
- Mint
Fintech Veteran Prabhakar Tiwari to launch Share India-backed ‘Project Drone'
Stock Market Today: Fintech veteran Prabhakar Tiwari is set to launch Share India-backed 'Project Drone', which is a WealthTech venture and backed by Share India Securities Limited. In its press release dated 30th June, 2025, Share India Securities Limited announced the initiative In its press release on the National Stock Exchange of India and the BSE of the Bombay Stock Exchange, Share India Securities said that marking a bold leap from corporate leadership to entrepreneurship, the fintech industry veteran Prabhakar Tiwari, having previous experience in leading discount brokers and a renowned name in the digital broking experience, is close to launch of his new WealthTech venture. The Prabhakar Tiwari's Wealthtech Venture is Project Drone, with Share India as a strategic partner, which is in the process of obtaining relevant approvals. Tiwari's new endeavor brings his wealth management expertise in advancing digital transformation and customer-centric innovation to the forefront, marking his shift from seasoned fintech executive to startup founder in this field. By providing clever, technologically advanced solutions designed for rising and mass-affluent Indians, particularly in Tier 2, 3, and 4 cities, Project Drone seeks to close significant gaps in the country's wealth management ecosystem. Project Drone will use institutional-grade tools modified for retail investors, behavioral finance algorithms, and vernacular-first interfaces to make sophisticated wealth management available to everyone. 'Project Drone embodies my core belief that real fintech disruption comes from solving access and education barriers, not building flashy features.' said Prabhakar Tiwari, Founder & CEO of Project Drone. 'We're building a digital-first, trust-driven platform that empowers underserved investors by offering inclusive wealth solutions beyond metro-centric models. I'm excited to partner with Share India, which has experience in institutional-grade trading technology and in-house capabilities to accelerate this mission with speed, scale, and purpose.' said Tiwari. Disclaimer: The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
