ED Conducts Multi-City Searches in Share Price Manipulation Investigation
The Enforcement Directorate (ED) conducted searches at 29 premises across six cities, including Mumbai and Ahmedabad, investigating alleged share price manipulation involving RM Drip and R B Denims. Between April 2023 and March 2024, over 3.5 crore shares were issued to selected individuals, with prices artificially inflated. WhatsApp groups promoted these shares to retail investors, increasing buyers from about 3,400 to over 100,000 before the groups were deleted and share prices crashed, causing significant losses. Investigations under the Prevention of Money Laundering Act are ongoing.
First-hand measurement across 4 sources
We measured how 4 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (41/100). Lens Score 54/100.
Outlets measured: news18, thetribune, indiatoday, freepressjournal. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (38–47/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
freepressjournal broke this story on 16 Oct, 10:08 am. Other outlets followed.