Bank fraud case: Fresh ED summons to Tollywood producer Allu Aravind in Rs 101 crore; land deal with prime accused under probe

The Enforcement Directorate has summoned Tollywood producer Allu Aravind again in connection with the ₹101.4 crore Ramakrishna Electronics bank fraud case, after he initially failed to submit requested financial documents. Aravind is being investigated for potential links to Ravi Kumar Vemula, a key accused, regarding land transactions dating back to 2017, which Aravind claims were…

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Quick commerce divide: Metros lead as demand booms in top cities; small towns drag with just 20% share despite 150% growth

India’s quick commerce sector is rapidly expanding in metros, but faces hurdles in non-metro cities due to weak demand, low digital adoption, and strong local shopping habits. While the sector has grown significantly, non-metros contribute a small portion of GMV, highlighting the challenges of building profitable businesses in these areas.

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