In a shocking cyber fraud case, the wife of former CBI Director JD Lakshmi Narayana was scammed by cyber criminals. The total amount involved was ₹2.58 crore, transferred through 19 transactions between 24 December 2025 and 5 January 2026.
The scam started through WhatsApp messages, where cyber criminals promised 500% returns on investment. To gain trust, they shared screenshots of fake profits. Believing these claims, JD Lakshmi Narayana’s wife invested money through multiple transactions.
After some time, they suspected it was a cyber fraud and immediately filed a complaint at the police station.
This incident is a strong reminder to be very careful before investing through unknown apps or trusting fake return promises.
The SEBI Chairman, Tuhin Kanta Pandey, gave an interview to The Economic Times.
He stated that the existing rules introduced for derivatives trading are sufficient, and for now, SEBI does not plan to introduce new rules. This clarity gave confidence to the market, and as a result, BSE stock rose 4% on 12 January.
He also mentioned that NSE may receive a green signal (no-objection) for its IPO soon, as SEBI is currently reviewing the submitted information.
Regarding finfluencers, SEBI clarified that:
If content looks like education, it is acceptable
If it looks like investment or trading advice without SEBI registration, SEBI will block such videos
Tejas Networks stock fell 8% on 12 January at one point after announcing its results.
Although revenue increased by 70% compared to the previous quarter, the company reported much higher losses than expected. On a year-on-year basis, losses increased by around 80%, which disappointed investors.
The company has repeatedly failed to meet investor expectations, and this has been reflected in the stock price movement. The stock has fallen from ₹1,500 levels to around ₹380, mainly due to a decline in orders from clients.
Currently, the order book size for FY2025–26 looks similar to the levels seen in 2022, which has raised concerns about future growth visibility.
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