Search For "promoters"
ED attaches assets worth Rs 2510.82 cr of SRS Group, other individuals in
Updated : 6 years, 2 months ago IST
New Delhi [India], Jan 9 (ANI): Enforcement Directorate (ED) provisionally attached movable and immovable assets worth Rs 2510.82 cr of SRS Group, its promoters, their family members and associate companies under Prevention of Money Laundering Act(PMLA) in a cheating and fraud case.
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HDFC to buy out arm Credila Financial Services for Rs 395 crore
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 10 (ANI): Housing Development Finance Corporation (HDFC) will acquire about 1.15 crore shares of HDFC Credila Financial Services for a total consideration up to Rs 395 crore, increasing its stake from 90.88 per cent to 100 per cent.
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Welspun Group promoters, through a closely held family office investment,
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 6 (ANI/BusinessWire India): The promoters of the USD 2.7 billion Welspun Group announced today that they have acquired a majority stake in One Industrial Spaces, an integrated fund, development and asset management organization focused on the warehousing sec
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PMC Bank case: ED nod for sale of Rs 200 crores worth properties of Wadhwa
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Nov 23 (ANI): The Enforcement Directorate has given its nod for sale of two private jets and a yacht owned by HDIL promoters Rakesh Kumar Wadhawan and Sarang Wadhawan in connection with the PMC Bank scam.
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Indiabulls Real Estate arm sells 100 pc stake in Century for £200 million
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 2 (ANI): Indiabulls Real Estate Ltd (IREL) said on Saturday that its wholly-owned subsidiary has divested the entire stake in Century Ltd to Clivedale Overseas Ltd, an entity owned by the promoters of Indiabulls Real Estate for 200 million pounds (about Rs 1
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InterGlobe posts Rs 1,062 crore loss in Q2 due to high costs
Updated : 6 years, 4 months ago IST
Gurugram (Haryana) [India], Oct 24 (ANI): InterGlobe Aviation, the parent company of low-cost airline IndiGo, on Thursday reported a net loss of Rs 1,062 crore during the July to September quarter (Q2 FY20).
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ED conducts raids at 14 locations of DHFL and promoters, for alleged conne
Updated : 6 years, 4 months ago IST
New Delhi [India], Oct 19 (ANI): The Enforcement Directorate (ED) is conducting raids at locations of DHFL and its promoters in connection with loan sanctioned to Sunblink Real Estate, which has alleged links with underworld don Dawood Ibrahim's close aide Iqbal Mirchi.
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PMC Bank case: HDIL promoters Rakesh and Sarang Wadhwan sent to ED custody
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Oct 18 (ANI): A special PMLA court here on Friday sent Housing Development and Infrastructure Limited (HDIL) promoters Rakesh and Sarang Wadhwan to Enforcement Directorate (ED) custody till October 22 in connection with the Punjab and Maharashtra Cooperative
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HDIL promoters write to agencies to sell their assets for making payments
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Oct 17 (ANI): HDIL promoters Rakesh and Sarang Wadhawan on Wednesday wrote a letter requesting the agencies to sell off their attached assets at the fair market value, monetise it and start the process of repaying loans to Punjab and Maharashtra Co-operative (PM
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RFL funds misappropriation case: Court extends Malvinder, Shivinder Singh
Updated : 6 years, 5 months ago IST
New Delhi [India], Oct 15 (ANI): A court here on Tuesday sent Ranbaxy's former promoters Malvinder Singh, Shivinder Singh and former Chairman Sunil Godhwani to further two-days police custody in connection with Religare Finvest Ltd (RFL) funds misappropriation case.
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PMC bank case: ED seizes, identifies assets worth over Rs 3,830 crore owne
Updated : 6 years, 5 months ago IST
New Delhi [India], Oct 14 (ANI): Enforcement Directorate (ED) has seized and identified movable and immovable assets worth more than Rs 3,830 crores owned by Housing Development and Infrastructure Limited (HDIL), its Directors/Promoters, PMC Bank officials and others related entities in the
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PMC scam: Waryam Singh acted at HDIL promoter's behest to keep outstanding
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 14 (ANI): The Mumbai Police on Monday told a Mumbai court that former chairman of Punjab and Maharashtra Cooperative (PMC) Bank Waryam Singh acted at the behest of HDIL promoters Rakesh Wadhawan and Sarang Wadhawan to keep their outstanding dues hidden.
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