Category: Entertainment

Entertainment

Shilpa Shetty and Raj Kundra Face Lookout Circular in ₹60 Crore Cheating Case

Tanisha Cardozo

In a major development, the Mumbai Police’s Economic Offences Wing (EOW) has issued a Lookout Circular (LOC) against Bollywood actor Shilpa Shetty and her husband, businessman Raj Kundra, in connection with a ₹60 crore financial fraud case. The LOC, a preventive legal measure, was initiated due to the couple’s frequent international travel and is aimed at stopping them from leaving the country while investigations are underway.

The case stems from a complaint filed by Deepak Kothari, director of Lotus Capital Financial Services Limited, a non-banking financial company. Kothari alleged that the couple, through a loan agent known to them, sought a ₹75 crore business loan in 2015 for their company Best Deal TV Pvt Ltd — a home shopping and online retail platform that has since become defunct.

According to the FIR, Kundra and Shetty allegedly persuaded Kothari to route the money as an investment rather than a formal loan to minimize tax implications. They assured him of monthly returns and full repayment of the principal. Based on this, Kothari transferred ₹31.95 crore in April 2015 under a share subscription agreement, and ₹28.53 crore more in September 2015 under a supplementary agreement, totalling ₹60.4 crore. The funds were reportedly credited to Best Deal TV’s HDFC Bank accounts.

Despite initial assurances, Kothari claims he did not receive the agreed returns, and the couple allegedly cited pandemic-related delays. Further complicating matters, Shilpa Shetty reportedly resigned as director in September 2016, and the company was later subjected to insolvency proceedings in 2017 for defaulting on a separate agreement.

The FIR was registered on August 14, 2025, at Juhu police station under Sections 403 (dishonest misappropriation of property), 406 (criminal breach of trust), and 34 (common intention) of the Indian Penal Code. Given the high-value nature of the case, it was transferred to the EOW for further investigation.

A senior IPS officer confirmed that the required documents for the LOC have been shared with immigration authorities. “Once a Lookout Circular is issued, alerts are sent to all airports. If the couple attempts to travel, they will be detained,” the officer stated. Police are also planning to summon the couple next week to record their statements.

This is not the first time Raj Kundra has found himself embroiled in controversy. However, this case, involving both him and Shilpa Shetty, brings fresh scrutiny as authorities look into the possible misappropriation of funds meant for business expansion.

The investigation is ongoing, and further action is expected in the coming weeks as police continue to gather statements and forensic financial data. The LOC ensures the couple remains within India’s jurisdiction during the course of the probe.

Entertainment

Rahul Deshpande Announces Divorce After 17 Years of Marriage, Commits to Co-Parenting

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Pune | September 3, 2025

Acclaimed classical vocalist Rahul Deshpande has publicly announced his divorce after 17 years of marriage, marking a significant personal update in his life.


While the legal separation was finalized in September 2024, Deshpande chose not to disclose the matter immediately. On 2nd September 2025, he posted a heartfelt message on Instagram, later picked up by news outlets on 3rd September 2025.


Rahul emphasized that the decision to part ways was mutual, reflecting maturity and mutual respect between the couple. Both parties agreed to keep the matter private for a year, allowing space for adjustment and thoughtful transition.


The couple shares a daughter, Renuka, who Deshpande stressed remains his highest priority. In his announcement, he reassured fans and well-wishers that their bond as parents remains strong and unwavering.


Known for carrying forward the legacy of his grandfather, theatre and music legend Vasantrao Deshpande, Rahul is admired for his artistry and humility. His decision to speak openly about this chapter reflects transparency with his audience, while maintaining dignity and focus on family values.


The announcement marks not just the end of a marriage but the reaffirmation of a family bond through shared parenting. While fans may see this as a difficult moment, Deshpande’s focus on respect, care, and responsibility shines as an example of handling personal challenges with grace.

👉 Stay tuned to allycaral.com for more updates on lifestyle, culture, and personal stories of India’s icons.

Business, Entertainment

BSNL Partners with OTTplay to Launch Premium Mobile Entertainment Packs

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Written by Intern Queeny George M.H , Team Allycaral

BSNL has announced the launch of Premium Content Packs for its mobile customers in partnership with OTTplay, India’s first AI-powered OTT content discovery and distribution platform. Following the successful rollout of the free BiTV services in January, which drew massive user engagement, BSNL aims to cater to the growing demand for high-quality digital entertainment through these newly introduced premium packs.

The Premium Content Packs will offer BSNL users curated access to an expansive library of on-demand entertainment from leading OTT platforms, along with over 300 live TV channels. Powered by OTTplay’s advanced AI-driven recommendation engine, the content is personalized for users, offering a seamless and enriched viewing experience.

Robert J Ravi, Chairman and Managing Director of BSNL, said, “At BSNL, we are committed to enhancing our customers’ digital experience beyond connectivity. Our new Premium Content Packs, in collaboration with OTTplay, bring together the best of OTT and live television in one affordable offering, giving our mobile users an unmatched entertainment destination.”

These paid packs are designed to deliver a comprehensive entertainment experience and will be easily accessible through multiple subscription touchpoints, including the BSNL Self Care App, GPay, PhonePe, and other widely used platforms. The collaboration is strategically positioned to tap into audiences in Tier 2 and Tier 3 markets where BSNL maintains a strong network presence, significantly broadening the reach of premium digital content to millions of users who may not have had access previously.

This initiative marks another milestone in BSNL’s digital transformation journey and reflects the telecom giant’s commitment to offering value-added services that resonate with evolving consumer demands in the Indian market.

Entertainment

Dulquer Salmaan Removes Dialogue from Lokah: Chapter 1 After Backlash from Kannadigas

Tanisha Cardozo

Written by Intern Queeny George M.H , Team Allycaral

Dominic Arun’s superhero film Lokah: Chapter 1 – Chandra, featuring Kalyani Priyadarshan and Naslen, has been gaining praise for its storytelling and performances — but a single dialogue line triggered significant backlash from the Kannada community.

In the film, actor Sandy plays the antagonist, Inspector Nachiyappa Gowda, a character marked by extreme misogyny. During one scene, the character refuses to marry a woman from Bengaluru, implying that “Bengaluru girls” are “characterless” — a line that many viewers found offensive and stereotyping.

As soon as the film was released, numerous Kannadigas took to social media to express their anger and disappointment, tagging the filmmakers and calling out the insensitivity of the dialogue. The issue quickly gained traction, sparking conversations around regional representation and respect in Indian cinema.

On Tuesday evening, Dulquer Salmaan’s Wayfarer Films responded to the growing controversy with an official apology posted on their social media platforms. The statement acknowledged that a dialogue from Lokah had “unintentionally hurt the sentiments of people from Karnataka” and confirmed that the team had decided to remove the line from the film.

The statement read:

“It has come to our attention that a dialogue delivered by one of the characters in our film, Lokah: Chapter One, has unintentionally hurt the sentiments of people from Karnataka. We sincerely apologise and have taken steps to remove the said dialogue from the film.”

The apology and prompt action have been widely appreciated as a responsible response in a time when cultural and regional sensitivities are being more actively acknowledged in Indian cinema.

As the industry evolves, this incident underscores the growing need for inclusive, respectful storytelling — and the readiness of audiences to hold filmmakers accountable.

Entertainment

Shilpa Shetty Announces Closure of Iconic Bastian Bandra Restaurant Amid Controversy

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Bandra, Mumbai | 3rd September 2025

In an emotional announcement, Bollywood actress and entrepreneur Shilpa Shetty Kundra has confirmed that the Bastian Bandra restaurant will be shutting down this Thursday. The news comes as a surprise to fans of the iconic hotspot, long considered one of Mumbai’s premier dining and nightlife destinations.

📌 “The End of an Era”
Taking to social media, Shilpa wrote:

“This Thursday marks the end of an era as we bid farewell to one of Mumbai’s most iconic destinations – BASTIAN BANDRA. A venue that gave us countless memories, unforgettable nights, and moments that shaped the city’s nightlife now takes its final bow.”

Known for its fusion cuisine and celebrity clientele, Bastian Bandra had become a must-visit venue for food enthusiasts and party-goers alike.

⚖️ Closure Amid Controversy
The announcement comes just weeks after Shilpa Shetty and her husband, businessman Raj Kundra, were accused of defrauding a businessman. While the couple has not directly linked the allegations to the restaurant’s closure, the timing has fueled speculation about the impact of the controversy.

🌟 Bastian’s Legacy
Founded as a high-end dining destination, Bastian quickly rose to fame not only for its food but also as a social hub frequented by Bollywood stars, entrepreneurs, and influencers. Over the years, it became synonymous with Mumbai’s evolving luxury dining culture.

📖 Conclusion
As Bastian Bandra prepares to close its doors, Shilpa Shetty’s heartfelt message underscores the restaurant’s significance in Mumbai’s culinary and cultural landscape. For many, it truly is the “end of an era.”

👉 Stay tuned to allycaral.com for more updates on Bollywood, lifestyle, and business news.