IndusInd Bank to raise up to $3.5 billion, allow Hindujas to nominate two board seatsIndusInd Bank aims to raise up to $3.47 billion through debt and securities to recover from a $230 million accounting lapse that led to exe...
IndusInd Bank sends CEO shortlist to central bank for approval, sources sayIndusInd Bank has proposed Rajiv Anand, Rahul Shukla, and Anup Saha as CEO candidates to the RBI following a $230 million loss due to misac...
Bombay High Court grants bail to IFIN chief executive Ramesh BawaWhile the Serious Fraud Investigation Office (SFIO) is probing Il&FS for alleged irregularities under Companies Law, the Enforcement Direct...
JP Nadda to undertake two-day Tripura visitNadda will hold several meetings during his stay address a big public gathering at the Tripura Tribal Areas Autonomous District Council (TT...
Rajiv Bhattacharjee appointed as Tripura BJP presidentBJP national general secretary Arun Singh in a communication announced the appointment of Bhattacharjee. He has replaced Chief Minister Man...
BCCI bans Boria Majumdar for two years for "bullying" Wriddhiman SahaWhile Saha had initially refused to name the journalist in a series of tweets on February 23, he later identified the journalist as Majumda...
COVID scare for Team India: Pant, support staff Garani test positive, 3 more isolated in LondonBowling coach Bharath Arun, reserve wicketkeeper Wriddhiman Saha were put in isolation for having come in contact with Garani along with st...
Happy birthday, Arati Saha: Google honours the first Asian woman to cross the English Channel with doodleThe Olympian celebrates her 80th birthday today.
High Court quashes temporary bail granted to ex-official of IL&FSSetting aside a lower court order, the Bombay High Court Tuesday quashed the temporary bail of eight weeks granted to former IL&FS vice cha...
IL&FS money laundering case: Bail denied to 2 former officialsFormer joint MD of the company, Arun K Saha, and MD of transportation network, K Ramchand had sought bail on the ground that ED had missed ...
ED provisionally attaches properties of IL&FS members worth Rs 570 croresThose whose properties stand attached are Ravi Parthasarathy, Ramesh Bawa, Hari Sankaram, Arun Saha and Ramchand Karunakaran.
IFIN ex-CEO Bawa says LIC didn’t back Piramal’s IL&FS bidThe Piramal Group was close to take charge of the IL&FS Group in 2015 but the deal failed to take off.
IL&FS case: Court extends ED custody of two former officials by 3 daysED sleuths also need to confront the duo with the people to whom the loans were given, the agency's lawyer said.
Due diligence skipped for personal gains by IL&FS 'coterie', says EDED claims despite IFIN profits declining, sitting fee of accused Saha and Ramchand increased.
ED arrests two former IL&FS executives in PMLA probeThe ED had registered a case under the Prevention of Money Laundering Act (PMLA) against 19 entities.
- Maytas gets nod to induct Saudi co as partner
Maytas Infra on Monday said it has received all regulatory approvals for inducting the Saudi Arabia-based diversified group the Saudi Bin L...
- IL&FS' Saha to run show at Maytas Infra
Arun K Saha, joint managing director of Infrastructure Leasing and Financial Services (IL&FS), will call the shots at Maytas Infra, once ow...