
Money laundering case: Avantha Group promoter gets interim bail
New Delhi, May 27 (IANS) The Delhi High Court on Friday granted interim bail, for eight weeks, to Avantha Group promoter Gautam Thapar, who was arrested in connection with alleged...
New Delhi, May 27 (IANS) The Delhi High Court on Friday granted interim bail, for eight weeks, to Avantha Group promoter Gautam Thapar, who was arrested in connection with alleged...
'For a responsible person like him to utter such nonsense is shameful.' 'He is not fit to be a director on the RBI central board.'
The CBI on Thursday arrested Avinash Bhosale, chairman of Pune-based real estate group ABIL group, in an alleged corruption case involving Yes Bank founder Rana Kapoor and Kapil Vadhawan of...
Last month, the agency had raided the borrowers of DHFL and has even arrested Mumbai-based builder Sanjay Chhabria of the Radius group in the said matter. While seeking Chhabriaa’s remand,...
The agency had carried out searches at the premises of noted builders of the state on April 30 to further probe on this aspect of the case, they said.
Bhosle is a Pune businessman and is said to be close to top businessmen of Maharashtra.
As a banker, I am more worried about how all this will impact the manufacturing units. Despite so much support coming from the government and the RBI during Covid, this time the situation...
Yes Bank invited bids for its distressed loans portfolio, amounting to ₹51,000 crore, soon after the Reserve Bank of India in March 2021 rejected its plan to set up an ARC as its...
Premature withdrawals from fixed deposits with terms of less than 181 days previously had no penalty costs, but now investors will have to pay a 0.25 percent penalty.
Yes Bank, a private sector lender, has increased penalty charges for premature withdrawals from fixed deposits. The new charges will take effect on May 16, 2022, according to the bank's...
We'll need to wait a couple of years to see how many restructured loans turn bad and whether some banks fall victim to their obsession for growth, explains Tamal Bandyopadhyay.
The hike comes on the heels of other major public and private banks raising MCLR over the past few weeks
By Malvika Gurung Investing.com -- Wipro (NS:WIPR): The IT major’s consolidated profit rose 4% to Rs 3,092.5 crore in the March quarter, led by continued demand for IT services, while...
BSE Sensex and Nifty 50 were staring at a huge gap-down start on the first trading day of the month, as suggested by trends on SGX Nifty.
HDFC, Adani Wilmar, Britannia, Tata Consumer, IDBI Bank, CG Power, M&M Financial, Devyani International, Alembic Pharma, Castrol India, JSPL and Saregama India are among the companies that...
Yes Bank in its Q4 results announced Saturday posted a net profit of Rs. 367 crore as against a loss amounting to Rs. 3788 crore in the same period last year. The profit also increased...
Yes Bank on Saturday said it returned to full-year profitability in the fiscal ended March 2022, registering a profit of Rs 1,066 crore during the year.
The CBI on Saturday began searches at the premises of some prominent builders, including Ashwini Bhonsale, Shahid Balwa and Vinod Goenka, at eight locations in Mumbai and Pune in connection...
The CBI on Saturday began searches at the premises of some prominent builders, including Ashwini Bhonsale, Shahid Balwa and Vinod Goenka, at eight locations in Mumbai and Pune in connection...
The CBI began searches at the premises of some prominent builders, including Ashwini Bhonsale, Shahid Balwa and Vinod Goenka, at eight locations in Mumbai and Pune in connection with the...
Chhabria of Radius Developers will be produced before a special court tomorrow, officials said.
The Central Bureau of Investigation (CBI) arrested Sanjay Chabbria of Radius group on Thursday in a cheating case related to Yes Bank and Dewan Housing Finance Corporation Ltd (DHFL) scam....
Radius Group was one of the biggest borrowers on the erstwhile DHFL with an outstanding loan with interest of around Rs 3,000 crores for a residential project in suburban Mumbai. The project...
The price of a stock echoes both the fundamentals as well as the perception (emotions) of the market participants.
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