The Bombay High Court had on Monday refused to grant bail to Kapoor.

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

The RBI-appointed administrator for PMC Bank issued a public notice seeking a bid for Dassault Falcon 200 (VT-HDL) and Challenger 300 (VT-PIL), and one yacht (Ferreti 881 HT) this week

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

CBI alleged that YES Bank had given loan to a company named Mack Star in which HDIL was a minority shareholder

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

In his petition filed before HC, Wadhawan, who is presently lodged at the Arthur Road prison in central Mumbai, sought to be shifted to hospitals like Lilavati, Nanavati or Criticare

Apart from rise in financial frauds in private companies in India, recent years have also witnessed a rise in the role of shell companies and tax havens in their operations, raising further concerns about illicit operations

Wadhawan, an accused in the Rs 4,335 crore scam, had earlier asked for bail claiming he had not violated any banking regulations

The fraud at the Punjab and Maharashtra Cooperative (PMC) Bank came to light in September 2019 after the Reserve Bank of India found that the PMC Bank had allegedly created fictitious accounts to hide over Rs 4,355 crore of loans extended to the almost-bankrupt HDIL

Shares of companies highly exposed to China's economy tumbled across Asia on Tuesday on rising concern about the impact of global travel bans associated with a new virus outbreak, even as some stocks involved in preventative health spiked; Indian-Americans in the US have been protesting against the new citizenship law. According to a Reuters report, in the past month, small demonstrations from Harvard to San Francisco have underlined criticism of what detractors say are Modi's divisive identity politics; Securities 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. This and more news on News Blast.Also Read: Govt prepares to airlift Indians from China as coronavirus threat looms

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...

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Earlier during the day the apex court had agreed to consider the plea of enforcement agencies against the high court order to release them from jail and keeping them in their residence

The Wadhawans shall help the committee in valuation of HDIL's encumbered properties, the court said

The fraud at PMC Bank came to light in September last year after RBI discovered that the bank had allegedly created fictitious accounts to hide over Rs 6,700 crore in loans extended to HDIL

PMC Bank-HDIL scam: During the investigation it was also found that loans were sanctioned and disbursed before forms were filled for the loan requirement

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