Business News: Economy & Markets

IPO-bound Skyways Air Services faces EOW FIR over fraud; firm says exploring legal remedies

IANS | February 14, 2026 3:59 PM

New Delhi, Feb 14 (IANS) IPO-bound Skyways Air Services Ltd, a Delhi-based air freight forwarding and logistics company, is facing an FIR -- filed with the Delhi Wing of the Economic Offences Wing (EOW) by UK-based PG Paper Company Limited – over an alleged "large-scale fraud" to the tune of Rs 480 crore involving nine firms/persons (including Skyways Air Services Ltd).

ED arrests Lodha Developer’s ex-director Rajendra Lodha in Rs 100 cr money laundering case

IANS | February 14, 2026 3:41 PM

Mumbai, Feb 14 (IANS) The Enforcement Directorate arrested a former Lodha Developers director, Rajendra Narpatmal Lodha, under the Prevention of Money Laundering Act in connection with an ongoing probe into an alleged cheating case involving losses of over Rs 100 crore to the real estate company, the agency said on Saturday.

C‑DOT, Synergy Quantum to build tool to spot quantum‑vulnerable cryptography

IANS | February 14, 2026 3:10 PM

Mumbai, Feb 14 (IANS) Department of Telecommunications' (DoT) R&D institution, Centre for Development of Telematics (C‑DOT) has signed an agreement with Synergy Quantum India Private Limited to jointly develop an automated tool that will detect, classify and report "quantum‑vulnerable cryptographic algorithms in target devices," the government said on Saturday.

Budget 2026–27 fuels India’s rise as a global hub for cloud, AI Infrastructure

IANS | February 14, 2026 3:05 PM

Mumbai, Feb 14 (IANS) The tax holiday for foreign cloud service providers aims to “provide investment certainty, anchor high-value digital infrastructure within the country, and strengthen India’s role in global digital value chains,” the government said on Saturday.

Business

IPO-bound Skyways Air Services faces EOW FIR over fraud; firm says exploring legal remedies

ED arrests Lodha Developer’s ex-director Rajendra Lodha in Rs 100 cr money laundering case

C‑DOT, Synergy Quantum to build tool to spot quantum‑vulnerable cryptography

Budget 2026–27 fuels India’s rise as a global hub for cloud, AI Infrastructure

India-US trade deal 'fair and balanced': Piyush Goyal

US flags Alibaba, BYD over alleged Chinese military links before key summit

Cabinet approves Rs 4,583.64 crore to boost road connectivity via NH-56 in Gujarat

Centre okays Rs 1 lakh crore Urban Challenge Fund to create reform-driven infrastructure

Cabinet greenlights 3 Railways projects covering 12 districts for Rs 18,509 crore

Big push for startups: Govt approves Rs 10,000 crore Fund of Funds 2.0

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