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MBA Graduate Arrested for Running Immigration Scam in Panchkula

There has been a significant arrest related to an immigration scam that has affected many people in Punjab and Haryana.

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MBA Graduate Arrested for Running Immigration Scam in Panchkula
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In a major breakthrough, an MBA graduate arrested for running immigration scam has shocked Punjab and Haryana. The accused, Sahil Sharma, 35, from Hoshiarpur, was arrested in Jaipur on November 3. He allegedly cheated about 100 people who wanted to move abroad. His arrest marks a big step in exposing a large interstate immigration racket.

The case began when Shivcharan Singh, a resident of Panchkula, filed a police complaint. His son, Gurvinder Singh, met Sahil through a friend while seeking to migrate to Australia. Pretending to be a certified travel agent, Sahil demanded ₹14 lakh for visa and placement services. The family transferred ₹5 lakh to his account and paid ₹9 lakh in cash. When they realized he had tricked them, they immediately reported the fraud to the police.

After receiving the complaint, ACP Vikram Nehra launched an immediate investigation. Police filed an FIR at the Chandimandir Police Station under the Indian Penal Code for cheating and criminal conspiracy. Soon, the team uncovered a large network of fake immigration offices running across several states.

A few days later, police caught Sahil’s aide, Paramjit Singh, in Kharar on October 24. He had been hiding under a fake identity as “Pradeep Singh.” During interrogation, Paramjit confessed and revealed Sahil’s location. Acting swiftly, officers traced Sahil to Jaipur and arrested him. The court granted police custody until November 11.

Police also detained another gang member, Ramandeep Kaur from Yamunanagar, using a production warrant. Investigators learned that Sahil operated a chain of illegal immigration consultancies in Ludhiana, Zirakpur, and Yamunanagar, showing his wide network and organized setup.

Records show Sahil’s long criminal background. He faces 13 cases in Yamunanagar, six in Shahkot (Jalandhar), and two each in Zirakpur, Ferozepur, and Ludhiana. He also has one case in Panchkula. Courts have already declared him a proclaimed offender in six cases across Punjab. Several of his partners also face multiple criminal charges in various districts.

Investigators found that Sahil kept changing homes and mobile numbers to escape arrest. He used fake IDs and several SIM cards to hide his identity. Reports suggest he was expanding his scam to Rajasthan to cheat more people.

Interestingly, Sahil is an MBA graduate who once qualified for a government teaching job in Punjab but refused it. Instead, he chose to build a criminal business targeting people’s hopes of settling abroad.

During raids, the police seized massive wealth from him, including 874 grams of gold and diamond jewelry worth ₹1.25 crore, ₹26.5 lakh in cash, 12 mobile phones, a laptop, 25 ATM cards, two passports, and an SUV. Officials expect more recoveries as the investigation continues.

Further investigation revealed that the gang worked across Punjab, Haryana, Rajasthan, Uttarakhand, and Uttar Pradesh. They created fake bank accounts and forged documents to scam victims. Officers suspect some bank and telecom employees may have helped them, as biometric verification rules were ignored during account openings and SIM card issuances.

To track the gang, police used technical surveillance, CCTV footage, and intelligence analysis. These methods exposed how Sahil’s team ran a professional scam. They lured clients with fake job offers and visas and even used forged flight tickets to appear genuine.

One shocking incident occurred on June 10, when Sahil cheated 80 people by giving them fake air tickets to Australia. He asked them to gather at Delhi International Airport and then disappeared, leaving them stranded.

Authorities believe this case highlights a serious immigration fraud problem in northern India. Many educated youths, desperate to go abroad, fall victim to such scams. Police departments are now working with the immigration department to tighten verification procedures and monitor travel agents more closely.

As investigations continue, police expect more victims to step forward. The evidence collected so far will help track fake accounts and identify additional gang members. Officials say that stronger inter-state coordination will be crucial in completely dismantling such fraud networks.

In conclusion, the arrest of the MBA graduate arrested for running immigration scam exposes how criminals exploit people’s dreams of foreign life. With teamwork, new surveillance technology, and public awareness, authorities aim to stop these frauds. This case serves as a reminder for citizens to verify immigration agents carefully and rely only on licensed consultants to stay safe from scams.

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Meesho IPO GMP Shows Strong 29.7% Premium Ahead of December Launch

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Meesho IPO GMP Shows Strong 29.7% Premium Ahead of December Launch
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Meesho IPO GMP currently shows strong investor interest with unlisted shares trading at Rs 144, reflecting a grey market premium of Rs 33 or 29.7% over the upper price band. The SoftBank-backed e-commerce platform will launch its initial public offering on December 3, 2025.

The company has set a price band between Rs 105 and Rs 111 per share. The three-day subscription period will conclude on December 5. Meanwhile, anchor investors can place their bids one day earlier, on December 2.

 Issue Size and Structure: The total issue aims to raise Rs 5,421.20 crore. This includes a fresh issue of Rs 4,250 crore and an offer for sale of 105.5 million shares worth Rs 1,171.20 crore. Several major investors will sell their stakes under the OFS.

Existing shareholders participating in the offer for sale include Elevation Capital V, Peak XV Partners Investments V, and Y Combinator Continuity Holdings. Additionally, promoters Vidit Aatrey, Sanjeev Kumar, and Man Hay Tam are also offloading their stakes. Notably, SoftBank will not sell any shares in this IPO.

Key Dates and Timeline

Event

Date

Anchor Bidding December 2, 2025
IPO Opening December 3, 2025
IPO Closing December 5, 2025
Basis of Allotment December 8, 2025
Refund Initiation December 9, 2025
Credit to Demat December 9, 2025
Listing Date December 10, 2025

Investment Requirements: A single lot consists of 135 shares. Consequently, retail investors need a minimum investment of Rs 14,985 at the upper price band. The company has reserved 10% for retail investors, 15% for non-institutional investors, and 75% for qualified institutional buyers.

The company plans strategic utilization of fresh issue proceeds:

  • Rs 1,390 crore for cloud infrastructure investment in subsidiary MTPL
  • Rs 480 crore for salaries of Machine Learning and AI technology teams
  • Rs 1,020 crore for marketing and brand initiatives
  • Remaining funds for acquisitions and general corporate purposes

Company Overview

Meesho operates as India’s largest e-commerce marketplace based on placed orders and annual transacting users. During the twelve months ending September 2025, the platform served 23.42 crore annual transacting users. Impressively, 20.58 crore users came from outside the top eight cities.

Furthermore, women comprise 53.27% of Meesho’s user base. The platform’s value-driven model emphasizes affordability and accessibility. This reflects in declining average order values alongside surging placed orders reaching 183 crore.

Financial Performance: The company’s financial journey shows interesting trends:

Fiscal Year Revenue (Rs Cr) Revenue (Rs Cr)

Margin (%)

FY 2023 5,734.52 (1,671.90) (29.16)
FY 2024 7,615.15 (327.64) (4.30)
FY 2025 9,389.90 (3,941.71) (41.98)

Platform Ecosystem: Meesho connects multiple stakeholders through its technology platform. Currently, 7,06,471 active sellers operate on the marketplace. Moreover, 18,098 logistics partners support delivery operations. Additionally, 50,319 content creators generate Rs 1,208 crore in net merchandise value through content commerce.

The company employs 2,082 people and operates across two segments-Marketplace and New Initiatives. It monetizes through fulfillment services, advertising, and data insights while maintaining a zero-commission policy for sellers.

Technology Infrastructure: The platform leverages AI and ML-powered systems for various functions. These include hyper-personalized recommendations, automated cataloguing, and logistics optimization. This modular, technology-first infrastructure enables low-cost, large-scale e-commerce penetration across India.

Market Position: India’s IPO market continues to break records in 2025. Total fundraising has crossed Rs 1.6 lakh crore, surpassing 2024’s Rs 1.59 lakh crore. Nearly half of this mobilization has occurred since September. Globally, India ranks fourth in IPO volumes this year.

Meesho seeks a valuation of up to Rs 5,01,000 crore ($5.6 billion) through this offering. Moreover, the company competes with Amazon and Walmart-owned Flipkart in India’s e-commerce space. However, Meesho particularly targets value-conscious customers in smaller cities.

Investment Considerations: The company raised Rs 268.5 crore from anchor investors before the public offering. Prominent participants included SBI Mutual Fund, ICICI Prudential MF, HDFC MF, and Nippon India MF. Insurance companies like SBI Life Insurance and Tata AIA Life Insurance also invested.

It’s important to note that the grey market premium is neither regulated by stock exchanges nor recommended by SEBI. Investors should conduct thorough research or consult financial experts before making investment decisions.

In conclusion, Meesho IPO GMP signals strong market sentiment ahead of listing. However, the combination of robust user metrics, an expanding ecosystem, and strategic growth plans positions the company for future development. So, investors can track allotment status through the KFin Technologies website starting December 8.

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Tere Ishq Mein Review: Dhanush and Kriti Sanon’s Intense Romance Wins Hearts

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Tere Ishq Mein Review Dhanush and Kriti Sanon's Intense Romance Wins Hearts
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Tere Ishq Mein review from early audience reactions suggests the film has struck a chord with viewers. Dhanush and Kriti Sanon’s intense romantic drama hit theatres on November 28. Fans rushed to catch the first day, first show, and social media quickly filled with positive responses.

The film marks Dhanush’s third collaboration with director Aanand L Rai. Previously, they worked together on Raanjhanaa in 2013 and Atrangi Re in 2021. This time, however, Dhanush plays a completely different character. He portrays a reckless and toxic lover, starkly opposite to his earlier roles.

Before release, advance bookings showed strong numbers. The film sold tickets worth Rs 2.95 crore across India. Additionally, it secured over 1.3 lakh tickets for the opening day. In Hindi alone, advance sales reached Rs 2.81 crore with 10,774 shows. Meanwhile, the Tamil version collected Rs 1.38 crore with 595 shows.

Trade expert Taran Adarsh expressed optimism about the film’s performance. He estimated opening day collections might reach Rs 12 crore or more. Furthermore, he praised the teaser and trailer, calling them quite promising.

Notably, the film follows a similar theme to Ek Deewane Ki Deewaniyat, which earned Rs 112 crore in October. Both films explore toxic love stories. Consequently, trade experts believe this theme might work favorably again.

The trailer created significant buzz on social media platforms. It opens with a haldi ceremony where Kriti Sanon appears as a bride-to-be. Suddenly, a bruised Dhanush walks in, changing the festive atmosphere completely. He delivers a powerful dialogue about cleansing past sins before starting a new life.

Subsequently, the trailer showcases an intense and destructive love story. One character finds solace in alcohol, while the other turns to violence. This raw portrayal resonated strongly with audiences.

Dhanush’s performance emerges as the film’s biggest highlight. Viewers praise his raw and powerful acting throughout. Many describe him as being in “full heroic mode.” Moreover, fans note how his expressions alone convey deep emotional turmoil effectively.

Kriti Sanon also delivers a compelling performance alongside Dhanush. Their chemistry creates the emotional core of this romantic drama. Together, they bring authenticity to this complex love story.

The film features music by legendary composer A.R. Rahman. Himanshu Sharma and Neeraj Yadav wrote the screenplay. Additionally, Prakash Raj plays a pivotal supporting role.

Interestingly, Tere Ishq Mein outperformed several big releases in bookings. It sold more tickets than Aamir Khan’s Sitaare Zameen Par and Akshay Kumar’s Jolly LLB 3. This achievement indicates strong audience interest in romantic dramas.

Bhushan Kumar backed the project, ensuring quality production values. The film was released in three languages – Hindi, Tamil, and Telugu. This multi-language strategy helps reach wider audiences across India.

In conclusion, Tere Ishq Mein review from early viewers suggests a potential blockbuster. The intense performances, gripping storyline, and strong bookings point toward a successful box office run ahead.

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Gold Rates Today: Prices Jump Near Two-Week Highs on Fed Rate Cut Hopes

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Gold Rates Today
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Gold rates today showed strong gains in the domestic market on Friday morning. MCX gold February futures climbed to Rs 1,28,313 per 10 grams, marking a rise of Rs 646 or 0.51%. Meanwhile, silver prices also gained momentum, trading 1% higher at Rs 1,63,849 per kg.

Several factors are driving this upward trend. First, the wedding season has created a healthy spot demand across India. Additionally, expectations of a December rate cut by the US Federal Reserve are boosting investor confidence. Furthermore, the dollar’s weakness in global markets is making gold more attractive to buyers.

According to FXStreet data, gold prices in India reached Rs 12,028.43 per gram on Friday, up from Rs 11,954.88 the previous day. Similarly, the price per tola increased to Rs 1,40,297.20 from Rs 1,39,439.40.

 Market experts suggest that gold remains a stable investment option during uncertain times. The yellow metal continues to be viewed as a safe asset, particularly for long-term investors. However, traders should note that prices may be volatile due to ongoing global events and economic data releases.

For today’s trading session, gold has key support levels at Rs 1,25,050 and Rs 1,24,380. On the other hand, resistance levels are positioned at Rs 1,26,550 and Rs 1,27,100. Silver shows support at Rs 1,61,250 and resistance at Rs 1,63,410.

 Industry experts believe the current market conditions favor buyers. The stability in foreign exchange markets, combined with seasonal demand, creates a favorable environment for gold investment. Moreover, the ongoing wedding season across India typically brings increased purchases of gold jewelry and coins.

Despite the positive trend, experts advise caution. The market may see fluctuations based on European economic data and changes in the dollar index. Therefore, investors should monitor these indicators closely before making significant purchases.

Looking ahead, analysts remain optimistic about gold’s prospects. The precious metal should continue to attract investors as a hedge against inflation and a store of value. Consequently, many financial advisors recommend including gold in a diversified investment portfolio.

In conclusion, gold rates today reflect strong market fundamentals and positive investor sentiment. Whether you’re buying for investment purposes or for the festive season, the current levels offer opportunities for both short-term traders and long-term holders.

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