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Investigation

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Investigation

The lure of quick returns: how some “SmartOwners” got stuck in not-so-smart bets on Bengaluru realty

Well-heeled NRIs have put in crores in SmartOwner’s Bengaluru projects on the promise of over 24% return. Acting through an online interface, they bought properties expecting quick exits. But with a challenging macro environment, cracks are beginning to appear. While SmartOwner admits to delays in projects, with nearly INR800 crore riding on them, it denies any breach of contract.

Investigation

The lure of quick returns: how some “SmartOwners” got stuck in not-so-smart bets on Bengaluru realty

Well-heeled NRIs have put in crores in SmartOwner’s Bengaluru projects on the promise of over 24% return. Acting through an online interface, they bought properties expecting quick exits. But with a challenging macro environment, cracks are beginning to appear. While SmartOwner admits to delays in projects, with nearly INR800 crore riding on them, it denies any breach of contract.

Investigation

Beyond black box: Air India crash was imminent. Safety lapses, unheeded warnings raise questions.

Air India’s brush with mishaps seems to be unending. Last week, another flight crashed, bringing back the chilling memories of the Mangaluru accident. The question is: could the disaster have been averted? An exclusive investigation by ET Prime reveals that warnings issued on serious lapses in safety standards to Air India’s top brass and aviation authorities were overlooked.

Investigation

Trouble inside Anurag Bhatia's money maze called Minance

Bhatia and his Bengaluru-based wealth-management company Minance are under scrutiny. Investors and former employees narrate instances of alleged mis-selling, default on payments, and related-party transactions. Add to it, dealings in high-frequency trading, fixed-income scheme, and unlisted shares. Bhatia refutes all the allegations and says he has received only one formal query from Sebi.

headset AUDIO SUMMARY . 01:41
Investigation

Reporter’s notebook: locked down in Wuhan for 76 days

A team of Caixin reporters stayed behind as the city was cut off on January 23 to document the battle against the virus. Here, they discuss their experiences at the epicentre of the outbreak: the excitement and fears, mixed with a sense of journalistic responsibility as they witnessed history. These are personal stories from the journalists on the front lines that have never before been shared.

12 Jul 20200 comment
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