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ESSEL CASE
Kotak AMC moves SC over SAT ruling in Essel caseKotak Mahindra Asset Management Co. has approached the Supreme Court challenging a Securities Appellate Tribunal order that upheld SEBI's f...- SAT upholds Sebi penalties on Kotak AMC in Essel caseThe Securities Appellate Tribunal has upheld market regulator Sebi's penalties against Kotak Mahindra Asset Management Company. This ruling...
- Acre ARC wins bid to take over Essel Groups' bad loansAcre ARC, backed by Ares SSG, has won bids to acquire ₹1,350 crore of debt from Essel Group and ₹2,613 crore of retail and SME loans from J...
- Essel Infra faces insolvency on J&K Bank's applicationThe National Company Law Tribunal has admitted Jammu and Kashmir Bank's plea to start insolvency proceedings against Essel Infraprojects Lt...
- Bankruptcy court admits Essel Infraprojects under insolvency resolution processJammu and Kashmir Bank's application to initiate insolvency proceedings against Essel Infraprojects Ltd has been admitted by the Mumbai ben...
- ED searches Essel Group cos' premises in Religare money laundering caseThe Enforcement Directorate (ED) conducted searches on Essel Group-linked entities in relation to money laundering involving Religare Finve...
- ED searches Essel Group companies in RFL money laundering caseThe Essel Group is promoted by media baron Subhash Chandra and owns stake in leading media and entertainment companies which includes - Zee...
- SC agrees to hear IDBI Trusteeship Services’ appeal, issues notice to Essel group entitiesThe Supreme Court has asked a response from Essel group firms, Cyquator Media Services Pvt Ltd and Direct Media Distribution Ventures, on t...
- ZEEL's two promoter entities settle case with Sebi; pay over Rs 9 lakh as settlement amountSebi had conducted an examination in the matter pursuant to receipt of letters from the Chief Compliance Officer of Zee Entertainment Entre...
- Indiabulls Housing Finance moves NCLT against Subhash Chandra to recover loansIt has claimed that Chandra provided a guarantee for a loan to Gnex Projects that obtained a Rs 190 crore loan from Indiabulls Housing Fina...
- GST officers arrest two for passing bogus ITC worth Rs 392 crore to Essel Group companiesInvestigations indicate that a layer of genuine looking fictitious intermediary companies was created to pass on bogus ITC from non-existen...
- Delhi HC allows Franklin Templeton MF to sell Zee Ent and Dish TV sharesEssel Group had moved Delhi High Court seeking a stay in the matter citing the poor market conditions due to Covid-19.
- Fall in HDFC MF stock could be opportunity to buy: AnalystsMorgan Stanley retained an overweight rating on the stock with a target price of Rs 2,000.
- HDFC MF to buy Rs 500-crore NCDs of Essel Group from its debt schemesMutual funds collectively held Rs 7,000 crore worth of Essel papers.
- Sebi sends notice to HDFC, Kotak MFs, questions pact with EsselThis would be the first time Sebi has questioned the pact between fund houses and Essel.
- Haryana proposes exit route from expressway project for Essel GroupHaryana govt entity moves arbitration panel on the Kundli-Manesar-Palwal (KMP) Expressway project.
- Essel-Videocon DTH merger in High Court nowThe legal tussle started after Nityank Infrapower approached NCLT to prevent allotment of shares to Videocon group company Domebell in the ...
- Essel, Videocon DTH merger in legal dispute over pledged sharesIn a case filed on August 31, 2018, a Videocon group company has claimed that Essel group unlawfully invoked pledges on certain Videocon D2...
- Essel Propack’s European business to get a boost with 100% acquisition of 100% German JVUnder the current shareholders structure, Essel Propack cannot cross sell products from other non-German European units to Germany and vice...
- PGICL, Sterlite, Adani in fray for two transmission projectsState-run PowerGrid, Sterlite, Essel and Adani are in the fray for two power transmission projects worth Rs 8,100 crore as they have submit...
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