Haldiram, known for its wide range of snacks and sweets, had a revenue exceeding INR 12,500 crore (USD 1.45 billion) in FY24. The deal is valued at approximately USD 10 billion, underlining the immense growth potential within India’s packaged food sector.

Digital arrest: Frightening and painful scam that robs victims of their life’s savings

With several cases reported from Singapore and India recently, the modus operandi of digital arrest is to make victims believe that they are under the scanner of law enforcement and that they must fully “co-operate with the police” in order to avoid criminal prosecution. As expected, this “co-operation” involves handing over financial control to the scammers, after which the victim is bled dry.

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