Man arrested in Mumbai for ₹2.6 crore fraud over foreign car procurement

Fernandes was detained at Mumbai airport upon arrival from Qatar and handed to police over allegations of defrauding a company of ₹2.6 crore by promising to procure a foreign-made car. The arrest follows an investigation into the fraud, which appears to be a routine financial crime case. The incident is notable for the cross-border element but has no broader geopolitical or market implications.