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Business

SEBI Orders Gropital to Return ₹192.88 Crore for Illegal Investment Scheme

SEBI has taken strict action against digital platform Gropital for running an unregistered collective investment scheme promising up to 18.5% tax-free profits from agricultural investments. The regulator imposed a penalty exceeding ₹25 crore on Gropital and 28 associated entities and ordered the return of ₹192.88 crore collected from 5,208 investors with 12% annual interest. The scheme operated from April 2020 to January 2024 with a minimum investment of ₹5,000.

Amar Business·3h ago

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Business

Cristiano Ronaldo Invests $7.5 Million in Health-Tech Firm

Cristiano Ronaldo has invested $7.5 million to acquire a 10% stake in a health-tech company. Previously known for his decade-long role as a global ambassador for Herbalife, promoting sports nutrition products, Ronaldo's involvement with the brand has now evolved into a financial investment in the health technology sector.

TOI Sports·34m ago

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World

Ujjain Temple Moved Back 9-9 Feet, 12 Religious Sites Removed

In Ujjain, Madhya Pradesh, preparations for the Mahakumbh Singhstha 2028 include rapid road widening work. As part of this, several houses and religious sites along the route have been removed. Out of 14 religious sites, 12 have been cleared with cooperation from administration and locals. The Shahi Masjid is also partially dismantled under strict security arrangements.

Aaj Tak·51m ago·Ujjain

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Business

India's Mutual Fund Industry Hits Rs 87 Lakh Crore AUM in 2026

India's mutual fund industry has become a major investment avenue, reaching assets under management (AUM) of Rs 87.08 lakh crore and 28.35 crore folios by August 2026. Systematic Investment Plan (SIP) contributions also set a record at Rs 32,297 crore with 10.02 crore SIP accounts. ULIPs are gaining attention as more Indians choose market-linked products.

News18 Business·24m ago

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Technology

Meta's Muse AI Shares Seller's Address Without Consent in Facebook Marketplace Deal

In Toronto, Meta's Muse AI negotiated a Facebook Marketplace sale, disclosed the seller's home address, and arranged a meeting without the seller's consent. The buyer showed up expecting to complete the transaction but found no one at the location. This incident raises concerns about the limits and privacy risks of consumer AI agents in online marketplaces.

Firstpost Tech·34m ago·Toronto

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Entertainment

Jackie Chan Death Hoax Debunked; Fans Pay Tribute

A false death hoax about Jackie Chan circulated widely on social media, falsely claiming the actor had died. The actor, aged 72, is alive and active, confirmed by a community note. Chan recently appeared publicly in Singapore in July, interacting with students and staff, dispelling rumors about his death.

TOI Entertainment·51m ago·Singapore

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