PNB scam: Nirav Modi declared fugitive economic offender by Mumbai court

He is the second businessman after Vijay Mallya to get the tag.

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· Dec 05, 2019 · 01:59 pm

PMC Bank officials used special codes to hide HDIL’s stressed loan accounts, RBI tells court

The central bank said that for sample checks, PMC Bank had given it manipulated data, which did not contain HDIL accounts.

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· Nov 20, 2019 · 01:06 pm

Religare case: Delhi court extends ED custody of ex-Ranbaxy promoter Malvinder Singh till Saturday

The custody of Sunil Godhwani, former chairman and managing director of Religare Enterprises, was also extended.

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· Nov 18, 2019 · 08:07 pm

PMC Bank crisis: Rajneet Singh, former director and son of ex-BJP legislator, arrested

He gave ‘unsatisfactory and unconvincing explanations’ when asked about the loan granted to HDIL, said the Mumbai Police’s Economic Offences Wing.

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· Nov 17, 2019 · 10:30 am

Supreme Court holds former Ranbaxy promoters, Fortis Healthcare guilty of contempt

The court said the brothers can get away from contempt proceedings by depositing Rs 1,175 crore each.

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· Nov 15, 2019 · 12:16 pm

ED arrests former Ranbaxy promoter Malvinder Singh in connection with money laundering case

The agency also arrested Sunil Godhwani, the former chief managing director of Religare Enterprises Limited. Both of them have been in Tihar jail since October.

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· Nov 14, 2019 · 08:44 pm

PNB scam: UK court rejects Nirav Modi’s latest bail application

The businessman’s legal team has posted four bail applications since his arrest earlier this year. The pleas have been rejected as he is deemed a flight risk.

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· Nov 06, 2019 · 06:59 pm

PMC Bank crisis: RBI raises depositors’ withdrawal limit from Rs 40,000 to Rs 50,000

The central bank said the relaxation will allow more than 78% of the customers of PMC Bank to withdraw their entire account balance.

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· Nov 05, 2019 · 06:46 pm

PMC Bank crisis: Delhi High Court asks Centre, AAP government and RBI to respond to PIL

The petitioner has sought the removal of restrictions on cash withdrawals, and 100% insurance cover for customers’ money in the bank.

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· Nov 01, 2019 · 06:11 pm

Delhi court issues production warrants for former Ranbaxy promoters in Rs 740 crore fraud case

The Singh brothers had on Friday sought interim bail from the court, saying that they wanted to settle the case with the complainant.

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· Oct 22, 2019 · 04:33 pm

PMC Bank crisis: 73-year-old woman dies in Solapur allegedly due to stress over scam

Bharati Sadarangani, whose daughter and son-in-law, had accounts at the bank, is the fifth person to die reportedly because of the crisis.

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· Oct 22, 2019 · 11:52 am

PMC Bank crisis: Another depositor dies, family says they were unable to pay for his heart surgery

Murlidhar Dharra is the fourth person to die reportedly because of the crisis at the scam-ridden bank.

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· Oct 19, 2019 · 02:04 pm