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Friday, February 20, 2026
TopicFinancial irregularities

Topic: Financial irregularities

IISc faculty, board, Infosys co-founder accused of caste bias, financial fraud. What the petition says

A former assistant professor has accused several senior members of IISc of targeting him because he belongs to the Dalit community & misusing the govt funds for SC/ST academic scholars.

How Keonics vendors’ ‘mercy killing’ plea put both them & Karnataka electronics body under scanner

Karnataka State Electronics Development Corporation Ltd is facing corruption allegations & has become centre of a blame game between the current Congress regime & previous BJP govt.

Govt orders CBI inquiry against 5 state units of Indian Red Cross Society over ‘corruption, irregularities’

Indian Red Cross Society — a voluntary humanitarian organisation — was established under Indian Red Cross Society Act and incorporated under Parliament Act XV of 1920.

Ignored lower bids, bought Mumbai building at Rs 100-cr loss — CBI’s charges against J&K Bank

According to FIR, bank purchased property ‘at a high price to confer undue benefit to vendor’, as part of ‘criminal conspiracy’ between its officials & owners of Akruti Gold Builders.

Public sector shining star NBCC finds financial irregularities in its own subsidiary

NBCC auditors flag financial irregularities to the tune of over Rs 10 cr in its recently acquired firm, Hospital Services Consultancy Corporation.

On Camera

India must govern AI with confidence. Use guardrails, not handcuffs

The good news is that India is not starting from zero. It knows how to innovate privately while also empowering innovation publicly.

In the West, there’s anxiety. In India, optimism—Rishi Sunak says India poised to be leader in AI

On Wednesday, the former UK Prime Minister Rishi Sunak was speaking in New Delhi at a Carnegie & Observer Research Foundation event on AI.

US military commander, envoy Sergio Gor visit Indian Army Western Command, Bengaluru next

At the Western Army Command, the American delegation was briefed on the capabilities of the formation, past operations and the path ahead.

The new Great Game—Trump’s playing for time, China for leverage & India for wiggle room

This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.