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RELIGARE CASE
PMLA court takes cognisance of ED case against Religare chair Rashmi Saluja, advocate Pratap VenugopalA Mumbai court has taken cognisance of a money laundering case filed by the Enforcement Directorate. The complaint names former Religare ex...- A Rs 3 hike makes India’s inflation battle somewhat harderIndian Oil Marketing Companies have increased petrol and diesel prices by Rs 3 per litre each, and CNG by Rs 2/kg, following daily losses o...
- The Rs 3 relief that wasn't: Why investors are dumping oil stocks after long-awaited petrol, diesel price hikeShares of HPCL and BPCL fell up to 3% despite the first fuel price hike since 2022, as investors worried the increase would not offset moun...
- Weak margins, treasury income drag SBI shares lowerState Bank of India shares experienced their largest single-day drop in two years, falling nearly 7% after disappointing fourth-quarter ear...
- Will Sensex, Nifty extend losses on Monday? Iran war peace talks, 4 factors to dictate Dalal Street next weekCrude oil futures fell sharply on Friday from 4-year highs after Iran signalled a proposal to resume negotiations with the U.S., though pri...
- When the acquisition looks great but the footnote doesn't: How Indian managements turn deals into balance-sheet fictionAcquisitions are among corporate finance’s most celebrated events. But the harder story usually emerges later, when the accounting begins t...
- Nifty has a bit of momentum, but faces resistance at 24,300-24,700Dalal Street's recent rebound is gaining strength. Technical signals indicate a shift from a corrective phase to a sustained uptrend. Impro...
- Ahead of Market: 10 things that will decide stock market action on MondayIndian equities ended higher, led by consumer and metal stocks, while IT lagged due to weak earnings. Nifty and Sensex posted gains with po...
- Crude is now less rude: What $90 oil means for your stocks, rupee, Indian economyGlobal oil markets may be entering a structurally higher price regime, with Brent expected to remain elevated despite a US-led Israel-Iran ...
- Religare Enterprises' executive chairperson Rashmi Saluja ceases to be the director of the companyReligare Enterprises announced that Executive Chairperson Rashmi Saluja will cease to be a director effective February 7, 2025, after share...
- Proxy advisory firm InGovern raises concern over delay in Religare AGMProxy advisory firm InGovern has expressed concern over Religare Enterprises' postponement of its 40th annual general meeting without a val...
- Enforcement Directorate searches nine RFL-linked officesIn a regulatory filing, Religare Enterprises said RFL had made a request to the ED to expedite the probe. RFL has also promised its lenders...
- Rashmi Saluja's acquisition in REL via ESOPs requires investigation: Burman familyThe Burman family has accused Rashmi Saluja of acquiring a significant amount of remuneration through Employee Stock Ownership Plans (ESOPs...
- Sebi issues Rs 6-cr demand notices to 11 in Religare Finvest caseThe 11 entities that received notices are - Torus Buildcon, Artifice Properties, Rosestar Marketing, Oscar Investments, Ad Advertising, Zol...
- Religare Finvest case: Sebi orders attachment of bank, demat accounts of Shivinder Mohan Singh, 4 othersEarlier this month, Sebi sent notices to various entities, including erstwhile promoters of Religare Enterprises Malvinder Mohan Singh and ...
- Religare case: Delhi High Court grants bail to ex-CEO Maninder SinghSingh was arrested on October 27, 2020 for allegedly conspiring with other accused persons and swindling Rs 2,397 crore, thereby causing wr...
- Lakshmi Vilas Bank makes its stance clear to Clix group on Religare deposit caseThe Reserve Bank of India had advised the bank to maintain provisions, on a prudential basis, to cover potential losses for the "claim agai...
- Religare Finvest settles case with SebiThe watchdog had conducted a probe to ascertain whether then Deccan Chronicle Holdings' promoters had made any fraudulent pledging of share...
- Religare case: Paid back alleged misappropriated funds, says Malvinder SinghAdvocate Manu Sharma, appearing for Singh, further said that the probe agency “cherry picked” him because of his affiliation with the famil...
- Religare case: NCLT 'no' to interim stay on Rs 500 crore investmentThe NCLT observed that IDBI Trusteeship Services Ltd had made no disclosure to it about the suit before the Bombay High Court, where it was...
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