Religare Finvest puts an end to legacy issues, completes one-time settlement with lendersSince January 2018, when the new management took over, Religare Finvest has repaid over Rs 9,000 crore to its lenders from its collections ...
09 Mar, 2023, 12.45 PM IST
Sebi issues Rs 48.15 cr demand notice to Singh brothers, 5 others in Religare Finvest fund diversion caseThe diversion of funds was never disclosed to the shareholders of REL, which misled them to remain invested in the shares of REL or deal in...
03 Jan, 2023, 08.58 PM IST
Stocks in news: Coal India, Maruti Suzuki, Tata Motors, Eicher Motors, NDTV, MOILFounders Prannoy Roy and Radhika Roy will receive a little over Rs 602 crore for selling 27.26% stake in the news broadcaster to Adani Ente...
02 Jan, 2023, 07.23 AM IST
Sebi bars Singh brothers, former promoters of Religare Enterprise from marketsThese RHC group companies were in turn entirely held by Shivinder Singh and Malvinder through Shivi Holdings and Malav Holdings. Religare F...
29 Jul, 2022, 07.43 AM IST
Religare Finvest offers to pay Rs 2,300 crore to lenders in bid to avert bankruptcyLenders have repeatedly rejected proposals to restructure the distressed finance company's debt and, in February, requested the Reserve Ban...
30 May, 2022, 10.14 AM IST
Religare Enterprises to raise Rs 570 cr via preferential sharesThe proposal was cleared by shareholders in the Extraordinary General Meeting (EGM) of the company held on Saturday, July 3.
05 Jul, 2021, 11.24 PM IST
Religare Enterprises climbs 3% on Religare Finvest stake sale talksThe group is expecting to finalise a binding agreement with the investor by the end of the year, ET reported.
11 Sep, 2020, 10.26 AM IST
EoW files case against LVB, Singh Bros for fraudA first information report (FIR) has also been filed following a complaint by RFL, which claimed that it has been duped and hundreds of tho...
14 Oct, 2019, 07.35 PM IST
Religare to sell its stake in NBFC arm to TCG Advisory for Rs 330 croreThe companies signed a share purchase agreement on Tuesday, it said. The parties had signed a binding term sheet on July 10.
03 Oct, 2019, 07.05 AM IST
The week that was: Religare’s sharp upmove; losing streak for Manpasand, Cox & KingsHere’s a look at stocks which were in limelight althrough the week.
13 Jul, 2019, 02.40 PM IST
Sebi directs Singh brothers, 8 other entities to repay over Rs 403 crore to Fortis HealthcareSingh brothers and the eight entities have also been directed not to dispose of any of their assets.
18 Oct, 2018, 11.37 AM IST
Is Religare slipping off promoters’ hands?Holding of the Singh brothers down to an all-time low of 13%
30 Jan, 2018, 06.22 PM IST
Billionaire Singh brothers accused in lawsuit of siphoning moneyThe case pulls back the curtain on one of India’s highest profile corporate meltdowns, which erased nearly half a billion dollars of Religa...
29 Jan, 2018, 01.22 PM IST
Debt Recovery Tribunal to auction Deccan Chronicle promoters’ private jetICICI was among dozen odd lenders that dragged the DCHL promoters to various courts involving defaults and cheque bounces.
30 Sep, 2014, 08.17 PM IST
IPO-financing is back in currency with Bharti issue; brokers, NBFCs freeing up capital for individual investorsNBFCs which make a lot of money disbursing short-term IPO loans, are freeing up capital in anticipation of a turnaround in primary market.
03 Dec, 2012, 09.04 AM IST
Panel finds violations in banks’ lending to Deccan Chronicle, recommends tightening of norms by PSBsThe panel confined its investigations to state-owned lenders that together lent about Rs1,500 crore to DCHL.
03 Dec, 2012, 04.24 AM IST
- GTL Ltd, GTL Infra nosedive on firesale rumours
Shares of GTL and GTL Infra continued dramatic plunge on speculation that lenders have begun selling shares pledged by promoters.
21 Jun, 2011, 02.06 AM IST