ED claims that HDIL allegedly siphoned off Rs 160 crore to many companies belonging to Viva Group on garb of commission

Sanjay Raut's wife Varsha was first summoned on December 11. This is the third summons issued to her after she skipped the earlier two on health grounds. If a person skips three summons in a row then the ED can take legal and judicial action against the person

Sebi says violations are \"very grave in nature \" and amount involved in fraudulent transactions is of a very high magnitude; DHFL promoters engaged in fraudulent transactions worth Rs 14,046 crore from April 1, 2006, to March 31, 2019, said the order

PMC Bank's present administrator Jai Bhagwan Bhoria has stepped down on September 22 due to health reasons

The three hotels, that have been attached by the ED, are owned by Libra Realtors Pvt Ltd, Deewan Realtors Pvt Ltd, Rakesh Kumar Wadhawan, Romy Mehra, Libra Hotels Pvt Ltd and its directors

Ace investor Rakesh Jhunjhunwala summoned by Sebi over 'insider trading' chargesSecurities and Exchange Board of India (Sebi) is probing \"insider trading\" charges against billionaire investor Rakesh Jhunjhunwala regarding shares of a family-owned education firm, Aptech Ltd. Apart from the ace investor and Aptech Chairman Rakesh Jhunjhunwala, the market regulator is also investigating the role of his family members, including his brother Rajesh Kumar Jhunjhunwala and wife Rekha J...

Share Market Update: M&M Financial, CG Power and Solutions, Tata Coffee, Cummins among others will be releasing their Q3 results today

Anu Wadhawan revealed that she was not a director in any HDIL group company, but worked as a retainer in an HDIL group firm named Privilege Industries since 2016

Manjit Kaur Ishwar Singh, who was Joint General Manager (Credit) in PMC Bank, told ED during the probe that HDIL had around total 44 loan accounts which included personal accounts of HDIL's promoters Rakesh Wadhawan and Sarang Wadhawan

The chargesheet has named PMC Bank's erstwhile chairman Waryam Singh, former managing director Joy Thomas, former director of the bank Surjit Singh Arora, along with HDIL promoters Rakesh Wadhawan and Sarang Wadhawan

The primary agenda of the meeting was to discuss the disposal of attached assets and associated legal procedure to raise funds for repaying the depositors and reconstructing the crisis-hit PMC Bank

The Mumbai Police's Economic Offences Wing has served summons to Daljit Singh Bal for questioning at his address but till date he remains on the run

Nearly a month after the RBI clamped down on the operations of scam-hit PMC Bank, the depositors say their woes have only worsened, with some unable to pay school fees of their wards, while others finding it difficult to meet medical expenses

FM Nirmala Sitharaman stated that she has talked to RBI Governor Shaktikanta Das who assured that the concerns of PMC Bank account holders will be kept on top priority

So far, the Mumbai Police has seized properties worth around Rs 4,000 crore in the PMC Bank scam, including Waryam Singh's Demat account shares and other seizures

The 2015 Panama Papers leaks had mentioned three offshore shell companies, Supremacy Investments, Sharecorp and Mystical International Worldwide, having links with Rakesh, Sarang and Anu Wadhawan of HDIL group

Extending its previous session losses, HDIL share price declined as much as 4.73 per cent to hit its lower circuit limit of Rs 3.02 on the BSE, which was also its 52-week low and settled at the same price