Sebi has penalized former DHFL chairman Kapil Wadhawan, his brother Dheeraj, and four others, barring them from the securities market for f...

Enforcement Directorate restored assets worth Rs 380 crore to Maharashtra. This is for distribution to depositors of Karnala Nagari Sahakar...

The Central Bureau of Investigation has filed a case against the directors of Hythro Power Corporation Ltd for causing a wrongful loss of R...

Naresh Goyal denied medical bail by Mumbai PMLA court due to malignancy. Arrested for siphoning Canara Bank loans. ED's complaint involves ...

REL said it stands committed to recover the amount siphoned off from REL and its subsidiaries by the erstwhile promoters Malvinder Mohan Si...

The complaint has revealed that GTL Ltd. had fraudulently obtained various credit facilities from consortium banks and subsequently diverte...

During the investigation, it came to light that a big part of the proceeds of crime (POC) generated in this case has been siphoned off over...

Unstable cashflows and low reserves, coupled with a restricted ability to seek additional debt or equity financing, can create immense pres...

KPMG found that DHFL promoters diverted nearly Rs 20K cr of bank loans to related entities.

In all, 83 agencies empanelled by the IBA would be appointed by lenders on case-to-case basis depending on size of the corporate and the co...

The capital markets regulator also said another means of such diversion was extension of loans.

EY report says invoices were not verified and fuel expenses hiked substantially for airline.

A fund of SAIF Partners has moved the NCLT, accusing venture capitalist Srinivas Raju and his firms of accounting fraud from a company wher...

Investigations found that certain fraudulent exercises were committed by the promoters of BLL.

Government and the central bank are awaiting the report from banks post completion of forensic audit on big defaulters, an official told ET...

The bank, according to the sector regulator, opened current accounts to some account holders and provided them bill discounting facilities ...

Fadnavis today alleged that NCP leader Kadam, who headed the LASDC, had illegally siphoned off funds and distributed them to political lead...