Latest news with #AnkurDhingra
India Today
06-07-2025
- Business
- India Today
Chartered accountant arrested in Rs 750 crore Chinese loan app scam case
The Uttarakhand Special Task Force (STF) has arrested the alleged mastermind of a pan-India cyber fraud operation involving over Rs 750 crore, at Delhi's Agarwal, a chartered accountant by profession, is accused of running a fake loan app racket in collaboration with Chinese nationals, exploiting thousands of arrest was made under a Look Out Circular (LOC) issued in an interstate cyber fraud case. Agarwal, a resident of Ashok Vihar, North West Delhi, was arrested at Indira Gandhi International Airport, He was presented before a court by the cyber police for further legal COMPANIES AND CHINESE LINKSAgarwal had created around 35–40 shell companies, with 13 registered under his own name and 28 under his wife's name. Several of these companies had Chinese nationals as co-directors. The financial transactions through these entities amounted to over Rs 750 crore, now under investigation for links to illicit cyber accused is believed to have played a key role in bringing Chinese nationals to India in 2019–20 to set up the infrastructure for the scam. He had personally travelled to Shanghai and Shenzhen in 2019, which investigators believe was to coordinate operations with his overseas VIA FAKE LOAN APPSThe STF has revealed that the gang operated over 15 fake loan applications—including Inst Loan, Maxi Loan, KK Cash, RupeeGo, and Lendkar—which promised quick, low-documentation loans. Once victims downloaded the apps, the perpetrators gained access to their mobile devices, stealing personal data such as contacts, photos, and this data, the accused and his associates would blackmail and threaten victims with edited photographs and harassing messages, demanding exorbitant interest and penalties. The fear of social shame and mental harassment forced many victims to transfer large sums of money into various bank STF had earlier arrested Ankur Dhingra, another key figure in the network, from Gurgaon. Dhingra was linked to a company called Hector Lendkaro, which operated some of the fraudulent apps. In 2023, a call center in Aurangabad, Maharashtra, suspected of being part of the operation, was raided, and SIM boxes were NATIONAL INVOLVEMENTDuring interrogation, Agarwal revealed he was in contact with a Chinese cyber crime syndicate and helped set up the shell companies and bank accounts used in the operation. He named five Chinese nationals involved in the fraud:1. Difan Wang (aka @Scott Wang)2. Zhenbo He (aka @Leo)3. Miao Zhang (aka @Cicero)4. Yongguang Kuang (aka @Bolt)5. Wenxue Li (aka @Force)The police are now coordinating with other state police forces, the government, and Interpol to investigate further and explore the international dimensions of the ITEMS AND ONGOING PROBEItems including a mobile phone, a passport, Thai and Indian currencies, a power bank, digital storage device, rings and an Apple watch were seized from Abhishek Superintendent of Police (SP), STF Uttarakhand, Navneet Singh, confirmed that the case, registered in December 2022, involves organised cyber fraud on a national scale. The investigation is being led by Additional SP Swapna Kishore, Cyber Deputy SP Ankush Mishra, and Inspector Vikas Bhardwaj from the Cyber Crime Police Station, team has analysed data from bank accounts, registered phone numbers, and WhatsApp chats. Victims were identified as having transferred large amounts under duress, fearing social stigma and blackmail.- Ends
Business Insider
11-06-2025
- Business
- Business Insider
Canaccord Genuity Remains a Hold on Illumina (ILMN)
In a report released today, Kyle Mikson CFA from Canaccord Genuity maintained a Hold rating on Illumina (ILMN – Research Report), with a price target of $99.00. The company's shares closed today at $87.98. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Mikson CFA is an analyst with an average return of -11.7% and a 31.25% success rate. Mikson CFA covers the Healthcare sector, focusing on stocks such as Illumina, Akoya Biosciences, and Exagen. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Illumina with a $107.33 average price target. Based on Illumina's latest earnings release for the quarter ending March 30, the company reported a quarterly revenue of $1.04 billion and a net profit of $131 million. In comparison, last year the company earned a revenue of $1.08 billion and had a GAAP net loss of $126 million Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ILMN in relation to earlier this year. Last month, Ankur Dhingra, the SVP & CFO of ILMN bought 6,100.00 shares for a total of $495,381.00.
Yahoo
28-05-2025
- Business
- Yahoo
Stifel Affirms Buy Rating on Illumina (ILMN) Stock
Analysts at Stifel are bullish about Illumina, Inc.'s (NASDAQ:ILMN) prospects despite the stock capitulating 36% year to date. On May 28, the analysts reiterated a Buy rating on the stock and a $135 price target. The firm's confidence stems from recent investor meetings with Illumina's CFO Ankur Dhingra and Interim Head of Investor Relations Brian Blanchett, offering valuable insights into the company's performance and future outlook, especially regarding consumables beyond China. A biopharmaceutical research laboratory filled with scientists, illuminated by the glow of their equipment. Even though academic spending slowed in Q1, sequencing activity remains strong, and the clinical outlook looks positive. Illumina has a 68.6% gross margin and $4.3 billion in annual revenue. While Stifel analysts see some risk in expecting the same 30%+ growth for the rest of the year, management remains confident in its 2025 forecasts. Illumina's high-throughput (HT) consumables growth framework remains on track, with new product launches positioned as key drivers of future success. Stifel analysts caution that a complete loss of China revenue could lead to little or no growth in 2026, yet they see it as a potentially beneficial reset for the company's profit and loss statement, which could strengthen the stock's long-term outlook. Illumina is a life science company that develops and manufactures tools and systems for genomics research. It offers a range of products and services, including sequencing platforms and microarrays that enable clinicians to analyze genetic information and make discoveries. While we acknowledge the potential of Illumina, Inc. (NASDAQ:ILMN) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ILMN and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-05-2025
- Business
- Yahoo
Stifel Affirms Buy Rating on Illumina (ILMN) Stock
Analysts at Stifel are bullish about Illumina, Inc.'s (NASDAQ:ILMN) prospects despite the stock capitulating 36% year to date. On May 28, the analysts reiterated a Buy rating on the stock and a $135 price target. The firm's confidence stems from recent investor meetings with Illumina's CFO Ankur Dhingra and Interim Head of Investor Relations Brian Blanchett, offering valuable insights into the company's performance and future outlook, especially regarding consumables beyond China. A biopharmaceutical research laboratory filled with scientists, illuminated by the glow of their equipment. Even though academic spending slowed in Q1, sequencing activity remains strong, and the clinical outlook looks positive. Illumina has a 68.6% gross margin and $4.3 billion in annual revenue. While Stifel analysts see some risk in expecting the same 30%+ growth for the rest of the year, management remains confident in its 2025 forecasts. Illumina's high-throughput (HT) consumables growth framework remains on track, with new product launches positioned as key drivers of future success. Stifel analysts caution that a complete loss of China revenue could lead to little or no growth in 2026, yet they see it as a potentially beneficial reset for the company's profit and loss statement, which could strengthen the stock's long-term outlook. Illumina is a life science company that develops and manufactures tools and systems for genomics research. It offers a range of products and services, including sequencing platforms and microarrays that enable clinicians to analyze genetic information and make discoveries. While we acknowledge the potential of Illumina, Inc. (NASDAQ:ILMN) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ILMN and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None.
Cision Canada
13-05-2025
- Business
- Cision Canada
ProHance Named a Major Contender in Everest Group's 2025 People Analytics Platforms PEAK Matrix® Assessment
FRISCO, Texas, May 13, 2025 /CNW/ -- ProHance, a new-age leader in workplace analytics and operations enablement platform, has been named a Major Contender in the Everest Group People Analytics Platforms PEAK Matrix ® Assessment 2025. The study evaluated 23 distinct analytics platforms and placed ProHance at the forefront of the North American Enterprise and SMB landscape; and highlighted the critical role it plays in helping organizations drive productivity, optimize workforce performance and make data-informed decisions. The Everest Group PEAK Matrix ® is a renowned benchmark that evaluates technology providers based on market impact, vision and capability. ProHance's inclusion is based on its strong customer traction, measurable ROI, and ability to scale enterprise-wide across industries. "With U.S. companies increasingly navigating hybrid and distributed workforce challenges, ProHance stands out for delivering real-time visibility into work patterns, operational efficiency, and employee engagement —empowering business and HR leaders to act decisively in dynamic environments. We are happy to earn the Major Contender status in Everest Group's distinguished People Analytics Platforms PEAK Matrix ® Assessment," commented Ankur Dhingra, CEO, ProHance. "ProHance's recognition as a Major Contender in Everest Group's People Analytics Platforms PEAK Matrix ® Assessment 2025 is driven by its ability to offer real-time insights into workforce productivity with a robust set of inputs captured from work-level activity. The work-output module enables a normalized view of output across diverse worker categories, enabling a meaningful enterprise-wide comparison. In addition to helping improve productivity, it also focuses on mitigating risk by offering an AI-powered Retention Risk Index to support attrition management, positioning ProHance as a robust platform for catering to the needs of enterprise workforce analytics," said Sharath Hari N, Vice President at Everest Group. Enterprise clients across North America validate this strategic value. "ProHance's placement on the PEAK Matrix ® is a true reflection of our experience as a client. Among the many platforms we assessed, ProHance stood out as the most comprehensive solution — providing real-time, enterprise-wide visibility, actionable insights, and seamless operational enablement. It has helped us drive productivity, optimize resource utilization, improve workforce efficiency, and strengthen governance," says Martin Edgerton, Head of Global Service Delivery at JLL.
