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Italian company

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8 Stories Indexed
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Banking, Fintech & Insurance 01 Nov 2026, 05:00 PM IST

Lulu Group Loses Rs 1.64 Crore in Email Fraud After Impersonators Pose as Italian Supplier

Kochi City Police have registered a case and begun investigating an alleged email impersonation fraud that cost Lulu Group about Rs 1.64 crore. According to the FIR, unidentified persons posed as representatives of an Italian company, sent fake invoices and bank details for gaming equipment payments, and induced the retail major to transfer 150,500 euros to accounts they controlled.

By RDU Global Wire4 min read
Automotive, EVs & Mobility29 Oct 2026, 08:00 AM IST

Lulu Group Loses Rs 1.64 Crore in Email Fraud After Impersonators Used Italian Company Identity

Kochi City Police have registered a case and opened an investigation into an alleged email impersonation fraud that cost Lulu Group about Rs 1.64 crore. According to the FIR, unidentified suspects posed as representatives of an Italian company, sent fake invoices and payment instructions for gaming equipment, and induced the retail major to transfer 150,500 euros to accounts they controlled.

5 min readRead →
Banking, Fintech & Insurance29 Oct 2026, 08:00 PM IST

Lulu Group Loses Rs 1.64 Crore in Email Fraud After Impersonators Masquerade as Italian Supplier

Kochi City Police have registered a case and begun investigating an alleged email impersonation fraud in which unidentified persons posing as representatives of an Italian company allegedly cheated Lulu Group out of about Rs 1.64 crore. The fraudsters are said to have sent fake invoices and bank details for gaming equipment payments, leading the retail major to transfer 150,500 euros to accounts supplied by the impostors.

5 min readRead →
Global Economy & Central Banks15 Oct 2026, 07:28 AM IST

Bending Spoons Surges 41% as Berkshire Hathaway Deepens Bet With $330 Million Investment

Bending Spoons shares jumped 41% after Berkshire Hathaway disclosed a fresh $330 million investment, extending Warren Buffett’s conglomerate’s backing of the Italian software company. The new stake follows Berkshire’s $600 million commitment in Bending Spoons’ July IPO, underscoring rare conviction in a newly public technology name at a time when investors are scrutinising growth valuations.

5 min readRead →
Global Markets & Equities14 Oct 2026, 10:37 PM IST

Berkshire Deepens Bending Spoons Bet With $330 Million Stake Increase

Berkshire Hathaway has added about $330 million to its investment in Italian technology group Bending Spoons, according to reports, sending the company’s shares sharply higher in early trading. The move underscores continued institutional appetite for profitable software platforms even as broader markets remain selective on growth valuations.

5 min readRead →
Global Markets & Equities12 Oct 2026, 11:17 PM IST

Alfa Romeo Unveils Cuorerosso Concept, Reviving V6 Ambition and Design Firepower

Alfa Romeo has revealed the Cuorerosso concept, a striking new V6-powered design study that underscores the Italian marque’s effort to sharpen its identity at a time of intense pressure across the global auto industry. The concept signals both emotional continuity and strategic intent, as Stellantis weighs future product direction and potential partnerships for the brand’s next midsize model.

5 min readRead →
Fashion & Luxury2025-10-12T09:30:00.000Z

Jaipur Rugs Turns to Milan for a New Language of Hand-Knotted Luxury

Jaipur Rugs has unveiled a new series of hand-knotted wool and silk tapestries created in collaboration with Milanese architects, bringing a distinctly architectural sensibility to one of India's most established luxury craft houses. The collection, shown in Jaipur, reframes the rug as a wall-bound object of design - part textile, part structure, and part cultural statement.

4 min readRead →
Fashion & Luxury2025-10-02T09:30:00.000Z

At Armani Teatro, Milan Revisits 50 Years of the Deconstructed Blazer

Armani Teatro in Milan has opened a retrospective marking half a century of Giorgio Armani's deconstructed blazer, the garment that helped redraw the silhouette of modern power dressing. The exhibition positions the jacket not as a single icon, but as an evolving architecture of restraint, ease and Italian craft that continues to shape global luxury.

4 min readRead →

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